Page 10 Advertisements Column 2

Timaru Herald, Volume CXXIII, 9 April 1927, Page 10

COMMERCIAL. DALGETY’S CAPITAL. , By Cable—Press Association—Copyright Australian and U.Z. Cable Association. LONDON, April 7. Ba'gety’s shareholders unanimous! reso’vcd to increase the capital t £6,500,000 by the creat'on of one hui dred thousand ordinary shares of £2 each to be offered to tho present holdei at a proportion of one new share t every two existing shares held. AUSTRALIAN MARKETS. By Cable —Press Association —Copyright. Australian and N.Z. Cal.lo Association. SYDNEY, April 8. Wheat is firmer but little is offering at 5s 3d and os 4d; flour £l2 5s t< £l2 10s; oats (mill.ng) 3s 8d to 3s 9d barley, English 4s to 4s Id; Cape 3s Ot to 3s 7d; potatoes to £5; onions £3 5i to £3 15s. SYDNEY, April 7. Wheat is selling at 4s s|d at country stations, os Id ex-trucks at Sydney. flour, for export, £ll 7s 6d f.0.b.. local £l2 ss. Oats, Tasmanian, white 4s 3d and 4s 4d, Algerian 4s and 4s Id. inferior 3s fid. Maize, yellow 7s Od, white 7s Gd.. Potatoes, Tasmanian £6 10s to £S. Onions, Victorian £5 10s to £O. ADELAIDE, April 7. Wheat, growers’ lots 4s Ud to ss. parcels nominally 5s 2d. Elour, bakers’ lots £l3. Oats, 2s 4d. BUTTER STEADY.

dy Cable—Press Association—Copyright. Australian and N.Z. Cable Association. (Received April 8, 5.5 p.m.) LONDON, April 7. Butter is quietly steady. All prices unchanged. Cheese. —New Zealand 75s and 765. LONDON WHEAT MARKET. By Cable—Press Association—Copyright, Australian and N.Z. Cable Association. (Received April 8, 5.5 p.m.) LONDN, April 7. Cargoes—Australians are in demand at an advance of dd to 6d. Parcels aro quiet, and trade is effected at the advances of dd to Cxi. Liverpool f mures —May 10s 4gd, July 10s djd, October 9s ll^d. Spot trade is slow. Australian ex store 555. Flour is quiet. Australian ex store d'Js. LONDON SHEEPSKIN SALES. 3y Cable—Pres 9 Association—Copyright, Australian ami N.Z. Cable Association. (Received April 8, 10.30 p.m.) LONDON, April 7. At the sheepskin sales, there was a good all round selection, and general competition from Home trade, well supported by America and the Continent. There were very few ithdrawals. Prices were all dearer than February. Merinos best sorts, showed 7) per cent, advance, others five per cent. Short woolled merinos, also lambskins and hoggets were up 71 per cent, and hjilfbrecls 5 per cent. Medium and coarse crossbreds and pelts all 5 per cent dearer.

STOCK EXCHANGE. ny —Pre«s Aqgociatk. AUCKLAND, April 8. Sales reported—Lank of New South Wales £sl; Pukeiniro Colleries 58s] 6<l; Devonporfc Ferry 20s 6d; Northern Steam (eon.) 6s; Kawarau 2s 8d; Lucky Shot (con.) 2s 3d; Waihi , 17s 3d. .1 CHRISTCHURCH, Apri] 8. | Sales reported—New Zealand Sugar j of Milk 24s' 6d. Sales on ’Change—Bank of New Zea- ' land 59s 9d ; Goldsbrough Alort 50s 3d (2); 'Wilson’s Cement 45s 3d. DUNEDIN, April 8. . Sales reported—Bank of New Zealand 60s; 4-J per cent Bonds (1930) £97 10s; Westport Coal 35s 7d. INVERCARGILL, April 8. j Sales reported’—Government Bond (4J per cent. 1941) £96 7s 6d. CHRISTCHURCH, MARKETS QUIET By Talecraph—Press Association. CHRISTCHURCH, April 8. Merchants state that tiie past week lias been particularly slow for business, very lew orders coming to hand, and, they are expecting a quieter time during the period directly ahead. Having suiheieiit on hand to satisfy requirements for some t’.me to come, millers are displaying no anxiety to buy wheat at present. Growers tire dissatisfied with t. e prices offering, and in many eases are putting their wheat in store, having been advised that they will be wise to do so. Wheat is still being quoted, at 5s Id, and in some instances 5s 2d per bushel on trucks to farmers at country stations. Millers’ idea of the question is naturally very different from that of growers, and they state that in' view of many good returns that are evident in Canterbury to-day, growers can afford to accept a lower figure than they got last season. Oats have shown a little more life during the past few days, although there is perhaps no quotable difference; and chaff has; livened up in sympathy, being now worth at least £3 10s per ton. . Partridge peas are also :' a little brighter, befog quoted at 7s per bushel on trucks at 'country stations. The "Wingatui, which loft this week for Auckland,' took over 2,800 sacks of potatoes, and Hie Waipiativ is expected to take about 4,0()0 sacks. Some merchants claim that the market is better than it was a few days ago, but another ’merchant said 'to-day' that while potatoes were sold at 95s f .o.b.s.i. Lyttelton, for May-Jurie delivery, they could be bought by merchants later at 92s 6d. The price to farmers to-day is from £3 10s to £3 15s oh trucks at country stations. Dissatisfaction' is also expressed by growers at the present prices offered for onions, viz. £2 7s 6d, and were it not for the fact’ that many are short of money, they would prefer to hold until latex- in the season. ’ i 1 1 t 1 1 I I J d v C 1 u A Y o T T T DALGETY AND CO.

At an extraordinary general meeting of Dalgety and' Co. Ltd., London, field on 7th April, a resolution was passed authorising, a new ' issue of 100,000 ordinary - shares at £2O per share, £5 paid on application, to bo oifered to the Company’s shareholders early in May, in the ratio of one to every two existing ordinary shares held, fractions exclusive. The terms af issue will probably be announced shortly. B H A A Y t fc