COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18092, 19 October 1928, Page 10

COMMERCIAL.

MEAT WAR ENDS. (United Tress Association—By Electrl# Telegraph —Copyright.) . LONDON. October 17. The disastrous effects of tlie long-drawn-out Argentine meat war, which was settled in November, 1927, is shown in the balance sheet of the Smithfield Argentine Mteat Company. For the year ending December 31. 1927, the trading ( loss was £112,737, following a loss of £137,982 in the previo-us-year.

AUSTRALIAN MARKETS. ' (United Pres* Association—By El«e»rU Telegraph—Copyright.) (Received October 18, 11.50 p.m.) SYDNEY, October IS. Wheat. —Growers lots, countrystations, 4/1; ex trucks at Sydney, 4/Bs. Flour, £l2/10/-; bran and pollard £7. Oats. —Tasmanian 4/8 and 4/10; Algerian 4/6 and 4/9. Potatoes.— Tasmanian £B, Clarence River, new, £l4. Onions, £l3/10/- to £l6. ADELAIDE, October 18. Wheat.—Growers lots 4/7$ and 4/8. Flour.—Bakers’ lots £ll/15/-; bran £6/15/-; pollard £7/2/6, Oats, 3/3. THE SHARE MARKET. By Telegraph—Press Association. AUCKLAND, Oct. IS. Rales- on ’Change.—lnscribed Stock, 1927-41,>5:} per cent, £99; Canterbury Farmers’ Co-op.. 194 Q, 6$ per cent, £94 ss; Commercial Bank of Australia, 30s; Farmers’ Co-operative Auctioneering, 60s; Northern Steamship, 14s 4d; Havward’s Pictures, 21s: Waihi, 14s. WELLINGTON. Oct, 18, Sales Reported.—-Bank of Australia, £l4 16s; New Zealand Breweries, 55s sd. CHRISTCHURCH. Oct. IS Sales on ’Change.—New Zealand Refrigerating (con.). 8s 6d (three parcels); Tooth’s Brewery. 48s sd; British Tobacco, 445: Maliakipawa, Is 4d (six parcels), Is 3d (thirteen parcels). DUNEDIN, Oct. 18. Rales on ’Change.—Kildare, 2s 10(1. Sales Reported.-—4s Bonds, 1930, £99.