COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18557, 2 May 1930, Page 13

COMMERCIAL.

SYDNEY MARKETS. (United Press Association—By Electric Telegraph—Copyright.) Received May 1. 8.12 p.m. SYDNEY. May 1. Wheat—Bulked 4/7, bagged 4/8. Flour—£ll. Pollard—£B ss. Bran—£B. Potatoes—Tasmanian £11; others £9 10s. Onions —Victorian, brown Spanish, £5. Oats —White and Algerians, 4/-. Maize —5/9. ADELAIDE. May 1. Wheat—4/3. Flour—£lo ss. Bran —£7. Pollard—£ 17s 6d. Oats —2/8 and 2/TO. NEW ZEALAND APPLES. (United Press Association— Bv ailectrlc Tel eccraph—Con yrlEh t.) LONDON. April 30. After an inspection of the apples at Covent Garden, several brokers complained of the unsatisfactory nature of the Victorians, which they said were the worst of all from the Dominions. The grading ivas wrong, the packing slack, and insufficiently filled, whereas the New Zealand and West Australian apples were in excellent condition. GERALDINE STOCK SALE. A poor sale was experienced at Geraldine yesterday, and bidding was dragging practically throughout the day. Cattle prices, as well as those for sheep, were inclined to be down, and the market w*as weak. Prices were as follows: Fat Lambs:—s at £l, 50 at 20/9. 26 at 20/5. 55 at 19/-, 166 at 18/-. 15 at 19/1, 6 at 19/1, 11 at 17/4, 2 at 20/-, 5 at 15/8. 14 at 16/9, 18 at 15/10. 34 at 16/3, 15 at 15/-, 22 at 15/6, 1 at 22/2, 29 at 19/3, 24 at 20/-. 86 at 19/-, 44 at 15 10. 24 at 16/11. 67 at 18/8. 60 at 19/-, 75 at 19/-, 47 at 18/10, 57 at 20/7. 40 at 18/1, 52 at 16/6. 38 at 19/8, 27 at 19/8, 57 at 18/3, 103 at 19/-. 35 at 18/-, 67 at 21/3, 98 at 19/3, 61 at 17/4, 64 at 19/-, 70 at 10/-, 26 at 10/6, 94 at 16/6, 80 at 18/-. Fat Ewes: —22 at 11/3, 75 at 11/6, 16 at 10/6, 27 at 11/3, 13 at 11/-, 23 at 11/-, 1 at 10/-, 19 at 11/4, 9 at 7/5, 11 at 10/6, 9 at 11/4, 20 at 10/-, 27 at 11/5, 40 at 10 7. 44 at 11/6, 11 at 11/3, 9 at 9/11, 10 at 9/3, 3 at 12/3, 5 at 11/9, 13 at 11/4, 4 at 9/3, 23 at 11/10, 17 at 7/3, 26 at 4/7, 41 at 2/9, 13 at 2/7, 90 at 9/6. Cattle:—Springing cows, 1 at £6/5/-, 1 at £5/2/6, 1 at £10; cow in profit at £B. 1 at £2/17/61; yearling steer at £2/10 -. Store Sheep:—6s fat and forward ewes at 5/3, 65 at 5/- 20 at 9/9, 60 at 8/6, 39 at 10/3, 75 cull two-tooth ewes at 5/1. 136 two, six and eight-tooth ewes at 13/-, 127 two. four, six and eight-tooth ewes at 18/6, 54 ewe lambs at 13/3, 28 at 11/7, 16 cull lambs at 3/3, 62 cull lambs at 4/-, 33 cull lambs at 2/6, ewes, 5 at 4/3. 5 at 5/-, 55 at 13/-, 66 store ewes at 6/7. Pigs:—2 at 7/-. 4 at 5/-, 6 at 6/-, 3 at 4/6, 2 at 9/-, 1 at 8/6, 2 at 7/6, 1 at 4/-, 1 at 6/-, 3 at 7/-, 4 at 8/-. RABBITSKIN SALE. The Otago Farmers’ Co-operative Association of New Zealand, hold their fortnightly sale before a full bench of buyers. Owing to the Easter holidays intervening, a small catalogue was offered, and competition was again very keen, especially for racks, which showed a rise of 3d to 2d per lb. There was also a keen demand for other lines. Low-grade skins can be quoted at about a par with last sale, while late caught skins showed a appreciable rise The quality of skins coming to hand now', is of course, gradually improving The following was the range of prices: Small Bsd, runners 173 d. milky 143 d summers 16£d to 17d. autumn bucks 22id, autumn does 233 d, light racks 313 d, prime racks 273 d. dawrny autumns 283 d, early autumns 35d, late autumns 43£d, summer blacks 17’,d, autumr blacks 24d, late autumn blacks 28id summer fawn 243 d, auL mn fawn 333 d; | hareskins 123 d, hair 16d. CHRISTCHURCH STOCK EXCHANGES. (Special to the “Herald.”) CHRISTCHURCH, May 1. Quotations on ’Change at this afternoon’s calL w'ere as under:—

Sales on ’Change.—Commercial Bank of Australia, 21/-; Commercial Bank of i Australia (new), 6/-; New Zealand ReI frigerating (10/- paid), 5/-; Staples | Brewery, 48 9 (2); Tooths Brewery. 31/7, 31 6; British Tobacco, 39 0, 2° 2; I Dunlop Perdriau Rubber, 16 6 (2), 16 7; | Electro Zinc (ord.), 24/-; Mt. Lyell, 28/6, 23/3 (2), 27/11, 28/-. Sales reported.—Christchurch Gas, 5 h per cent. 1934. £IOO/10/-; Goldsbrough Mort. 30/10; Timaru Gas, 22/-; New Zealand Breweries, 52/6 (3); Tooths Brewery, 31/4*, 31/4; Mt. Lyell, 28/4. 28/6; E.S. and A. Bank (ex. div.), £6/3/6; British Tobacco, 39/. THE SHAREMARKET. By Telegraph—Prea# a**ocJa*lo n. AUCKLAND. May 1. Sales on 'Change.—New Zealand Inserted Stock 0930) 4 k p.c. £97 17s 6d (2 >; New Zealand Inscribed Stock (1936) 5i p.c. £99 ss; E.S. and A. Bank (ex div.) £6 6s; New Zealand Insurance 44s 3d (2); New Zealand Guarantee Corp. (ord) 7/11; Renown Collieries (pref. new) 2.9; * Auckland Gas (con.) 17/4; Huddart. Parker (pref.) 19/9; New Zealand Breweries 52/9; New Zealand Farmers’ Fertiliser 18/9; Waihi Mining 13 9, 13/10; Mt. Lyell 20/3. WELLINGTON. May 1. Sales reported.—Union Bank of Australia £ll 16s 6d; Bank of New Zealand £2 18s 6d; New Zealand Breweries (2) £2 13s. DUNEDIN, May 1. Sale on 'Change.—Bank of New Zealand 58/- (cum div). Sale reported—Paddy’s Point, 3/6.

Buyers. Sellers. £. s d. £ d. N.Z. Government Debentures — 4£ p.c. Inscr., 1938 and 1939 .... 97 15 0 — 4£ p.c. Bonds, 1938 and 1939 .... 97 15 0 — 51 p.c. Inscr., 1932 — 99 5 0 5 h p.c. Bonds, 1933 99 5 0 — 5£ p.c. Bonds, 1936 99 5 0 Other Debentures Glaxo, 6£ n.c., 1945 90 10 0 — N.Z. Refrigerating, 6h p.c., 1935 . . 95 0 0 99 0 0 Christchurch Gas 5£ p.c. 1934 . . . 100 5 0 101 10 0 Banks — Adelaide (cum. d.) 6 10 0 7 0 0 Aust. of Comm. . 1 3 9 1 4 0 Australasia .... 12 3 0 12 7 6 Comm, of Aust. . 1 0 9 1 0 11 Do. (new) 0 5 0 0 6 0 Comm, of Sydney . 19 12 0 19 15 0 E., S. and A. (cum. div.) 6 2 6 6 6 0 National of A/sia £5 paid, cum. d) 7 6 0 — Natl, of New Zea. 6 4 0 — New South Wales 38 10 0 38 15 0 Union of Aust. . . 11 10 0 11 15 0 Insurance — National (cum div.) 0 14 9 0 14 11 South British . . . 2 19 0 — Standard 2 11 0 3 0 0 Loan and AgencyDalgety and Co. (cum. div.) . . . 11 0 0 11 1 6 Goldsbrough Mort 1 10 9 1 10 11 Do. (new, fully p.) — 1 10 6 National Mortgage 3 0 6 3 8 0 N.Z. Guarantee Corporation . . 0 7 7 0 7 10 United Building Society .... — 0 14 0 Shipping — Huddart Parker 1 19 0 Do. (pref.) 0 19 3 0 19 10 P. and O. Deferred Stock — 2 12 0 Frozen Meat — Canterbury (ord.) — 6 15 0 Do. (pref.) — 4 5 0 N.Z. Refrig. (£1 pd> 0 10 9 0 11 3 Do. (10/- paid) . . 0 4 10 0 5 3 North Canterbu. y Freezing . . . 0 2 9 Wellington .... 0 8 0 5

Woollens— Kaiapoi (17/- pd.) 0 10 0 0 12 6 Do. (7/- paid) . . . 0 3 11 Coal— Grey Valley (cum div.) 1 4 6 — Gas— Christchurch . . . 1 6 3 — Do. (10/- paid) . . 0 13 2 0 13 4 Timaru 1 1 9 1 2 0 Breweries— Carlton — 1 15 l Foster’s — 3 10 0 Monteith’s .... —v 0 19 0 New Zealand . . . 2 12 0 2 12 3 Staples 2 8 6 2 9 0 Timaru — 0 15 0 Do. (5 - paid) . • — 0 6 9 Tooheys — 1 3 0 Tooths 1 11 7 1 11 9 Ward 0 11 9 — White Star .... 0 11 0 0 15 0 neous— Allied Motors . . . . — 0 2 0 Amalgama ted Wireless (con.) 0 19 0 1 2 6 Aiouicaian iron Steel (pref., cum div.) — 0 19 0 Beath and Co. — 1 8 0 Do. (1/- paid) . . 0 6 6 0 7 0 Booth. Macdonald (pref.) 0 3 0 0 3 5 British Tobacco 1 19 1 1 19 2 Broken Hill Propty. — 1 2 0 Burns. PhilD . . . . — 1 16 0 Canterbury Farmers’ Co-op. (Tinaru) “A” pref. . . — 2 5 0 Colonial Sugar . . 39 10 0 39 15 0 ; Dunlop Perdriau Rubber 0 16 7 0 16 9 East African Coffee 1 5 0 — Electro. Zinc (pref) 1 4 0 1 p 9 Mount Lyell .. .. 7 7 11 1 8 1 N.Z. Farmers’ Co-op. (10/paid) — 0 1 0 Do. (A. pref.) . . — 2 10 0 Do. (B. pref.) . . . — 2 11 6 Do. (Gi p.c. stock. 1939) — 91 0 0 Do. 6b p.c.. stock. 1940) — 91 0 0 N.Z. Farmers’ Fertiliser .... 0 13 3 0 18 1° ; N.Z. Sugar of Milk (pref.) — 0 13 0 Ur.ited Pictures 0 12 0 1 2 0 1 Victoria N y a n z a Sugar — 1 19 3 Wilson’s Cement . — 0 0 Mining— Alexander — 0 16 0 Kawara u 0 0 5 0 0 1 !. Mahal: nwa . . . — 0 0 1 Okarito 0 1 5 0 1 V (prem.) Stoney Creek (6d paid) 0 0 5b 0 0 71 Winding Creek (1/paid ) — 0 0 10 Do. (Gd paid) .. .. — 0 0 a 8 North Broken Hill - 3 3 0