COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18499, 21 February 1930, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. (United Press Association —By Electrle Telegraph—Copyright.) (Received February 20, 9.10 p.m.) SYDNEY, February 20. Wheat, in bulk parcels 4/9, bagged 4/10. Flour, £ll/10/-, pollard £9, bran £7/10/-. Potatoes —Tasmanian £9/10/- to £ll, Victorian £B. Onions —Victorian Globes £5. Oats—White 5/-, Algerian 4/6. Maize 6/6. AMERICAN WHEAT MARKET. (Unites* F-ess Association —By Electrle telegraph—Copyright.) (Received February 20, 5.5 p.m.) NEW YORK, February 19. The Chicago wheat tobogganed in the final hour, when the market weakened unaccountably and then picked up. The loss ol orders were on the way down and may have led to a decline, which carried all prices to record low levels for the season. The closing prices were—March 1101 cents, May 1154 cents, July 116 i cents, September 1175 cents. Minneapolis wheat dropped to a new low level under' the influence of unfavourable reports from Winnipeg. Chicago closing prices—May 115 J cents, oft 3i cents, July 1171 cents, off 31 cents.

CHRISTCHURCH STOCK EXCHANGE. THURSDAY’S QUOTATIONS. (Special to the “Herald.”) CHRISTCHURCH, February 20. Quotations on the Stock Exchange this afternoon were; —

THE DAY’S TRANSACTIONS. Sales on ’Change: New 'Zealand Breweries 83/6; Staples Brewery 48/(2); Booth, MacDonald (Ist. pref.) 4/6; British Tobacco 42/- (3); Colonial Sugar £44; Mount Lyell 34/5; Mahakipawa lid. Sales reported: Dalgety and Co. £l2; Mount Lyell 24/5; Wilson’s Cement 39/-; Staples Brewery 48/-; New Zealand Breweries 83/6.

THE SHARE MARKET. By Telegraph—Press Association. AUCKLAND, Feb. 20. Sales on ’Change—War loan, 1933, 51 per cent, £99; Auckland Harbour Board, 1937, 54, £96; Australian Bank of Commerce, 25/-; Union Bank, £l2; Dominion Investment and Banking Association, 19/-; Kauri Timber, 15/3; Booth McDonald (pref.) 4/6; Wilson’s Cement, 39/-, and late sale Wednesday 39/-; Mount Lyell 34/5. WELLINGTON, Feb. 20. Sales reported.—Australian Bank of Commerce £1 ss; Commercial Bank of Australia (ord) £1 2s lOd; National Bank of New Zealand, £6 Is; Bank of N.S.W., £4O 10s; Leyland O’Brien Timber, £1 8s 6d; N.Z. Guarantee Corp. (ord.) 8/11. DUNEDIN, Feb. 20. Sale reported.—Dalgety and Co., £l2.

Buyers. Sells £ s. d. £ S. d. N.Z. Govt. Debentures — 4i p.c. Inscr., 1938 —• 99 0 0 4& p.c. Inscr., 1939 — 98 17 6 4- J < p.c. Bonds, 1938 98 5 0 99 0 0 4 h p.c. Bonds, 1939 — 99 0 0 5 i p.c. Bonds, 1933 99 5 0 99 7 6 5£ p.c. Bonds, 1936 99 0 0 — 5i p.c. Inscr., 1936 99 0 0 — Other Debentures — Palmerston North 53 p.c., 1949 . . — 97 10 0 Ch’ch City, 5} p.c., 1955 101 0 0 101 10 0 Ashburton Electric 5i| p.c., 1934 . — 100 10 0 N.Z. Refrigerating 6h p.c., i935 . . 85 0 0 99 15 0 Waimairi County 5 'i p.c., 1941 . . 99 10 0 100 10 0 Banks— Adelaide — 7 16 0 Aust. of Commerce 1 15 1 1 15 Australasia . . . 11 15 0 12 7 6 Comm, of Aust. . 1 2 6 1 2 9 Do. (rights) . . . 0 2 1 0 2 4 Comm, of Sydney 21 10 0 21 17 E.S. and A. . . . 6 12 0 6 14 0 National of A asia (£10 paid) . . 15 5 0 15 10 0 Do. (£5 paid) . . 7 10 0 7 11 6 Natl, of New Zea. 6 1 0 6 2 6 New South Wales (cum div.) 40 5 0 40 15 0 Union of Aust. . 12 0 0 12 3 6 New Zealand . . . 2 17 0 2 17 8 Insurance — A.P.A — 0 9 0 New Zealand . . . 2 3 0 2 4 3 Loan and Agency _ Dalgety and Co. .. 11 18 0 11 19 6 Goldsbrough Mort 1 11 9 1 11 11 National Mortgage — 3 16 N.Z. Guarantee Corporation . . 0 8 0 0 8 1 N.Z. Loan & Mer. (ord. stk.) . . — 105 0 0 United Building Society .... 0 14 9 0 15 4 Shipping— Huddart Parker (cum div.) . . 1 18 0 1 18 9 P. and O. Deferred Stock 2 8 0 — Union (pref.) . . 1 0 0 — Frozen Meat— Canterbury (pref.) — 4 11 6 Gear 1 17 6 1 19 0 N.Z. Refrigerating (£1 paid) . . . 0 11 6 — North Can te. bury Freezing . . . — 0 2 9 Do. (10/- paid) . 0 5 6 0 5 Wellington .... 0 3 3 0 9 3 Woollens — Kaiapoi (17/- pd.) 0 10 0 0 12 6 Do. (7/- paid) . . 0 3 4 0 3 8 Mosgiel 7 12 6 Coal— Grey Valley . , . 1 5 6 1 6 9 Westport 1 9 Stockton (ord.) . 0, 0 6 0 Do. (pref.) .... — 0 3 6 Gas— Christchurch . . . 1 5 8 Do. (10/- paid) . — 0 Timaru ..... 1 4 1 1 4 9 Breweries— Crown 0 8 0 0 10 0 New Zealand . . 4 3 0 4 3 8 1 18 0 2 0 0 S ! aples 2 8 0 2 9 0 Timaru 0 13 9 0 15 Do. (5/- paid) . . 0 7 4 0 7 8 Tooth’s 1 19 6 2 0 White Star .... 0 15 0 1 1 0 Miscellaneous — Allied Motors . . Aust. Distielery 0 17 6 Aust. Iron &z, Steel (pref.) Beath and Co. . 1 9 9 Do. (1/- paid) . . 0 6 9 Booth, Macdonald (pref.) . . .'*% 0 4 6 0 British Tobacco . 2 1 11 Broken Hill Prop. — Burns, Philp . . • — 1 Colonial Sugar . . 43 15 0 44 0 East African Coffee 1 0 0 — Eclipse Petrol (£1 paid) 0 14 6 0 19 Do. (5/- paid) . . — 1 Electro Zinc (ord cum div.) . . . 1 10 0 1 10 4 Do. (pref., cum d.) 1 10 7 1 10 10 Greater Crystal Palace .... 1 1 0 1 3 0 Gienmore Brick & Tile 1 5 0 1 8 3 Hayward’s Pictures 0 18 Holden’s Motors (cum div.) . . . 0 15 3 0 17 2 Howard Smith . . — 1 0 0 Mason Struthers 0 11 0 0 17 9 New Colosseum 2, 0 3 — Otago Daily Times 3 7 0 — United Pictures 1 2 6 1 7 0 Mount Lyell . . . 1 14 3 1 14 5 N.Z. Drug Co. . . 3 12 1 3 12 N.Z. Farmer s’ Co-op. (1st pr.) — 4 2 0 Do. (A. pref.) . . 2 7 0 2 15 0 90. (B. pref.) . . 2 15 0 — Do. (6i per cent stock, 1939) . . — 88 0 0 Do. (6£ per cent stock, 1940) . . — 88 0 Quill, Morris . . . 0 12 9 0 14 8 Victoria Nyanza Sugar (cum d.) — 2

Wh ixTOifi* - and Tombs .... 3 10 0 — Wilson’s 'Cement . W. R. Cooke and 1 18 6 1 19 3 Son 0 12 0 — Mining— 0 0 li Mahakipawa . . . Stoney Creek (6d 0 0 1 paid) Winding Creek (Is 0 0 6 0 0 9 paid) — 0 1 0 Do. (6d paid) . . — 0 0 8