COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18616, 11 July 1930, Page 10

COMMERCIAL.

AUSTRALIAN MARKETS. United Press Association —By Electric Telegraph—CopyrJ ght (Received July 10. 9.30 p.m.) SYDNEY. July 10. Wheat is very dull. In bulk 4/-, bagged 4/1. Flour £lO/5/-. bran and pollard £7. Potatoes—Tasmanian £8 to £lO, Victorian £B. Onions. —Victorian, brown £6/10/-. Oats —White 4/3, Algerian 4/6. Maize 5/3. ADELAIDE, July 10. Wheat 3'91. Flour £9/10/-, bran £7/10/-, pollard £7/17/6. Oats, Algerian 2/9. LONDON WOOL SALE. United Press Association—By Electric Telegraph—Copyright LONDON, July 9. At the wool sales 10,098 bales of wool were offered, including 3516 bales of New Zealand wool. About 8180 bales were sold. There was a good selection of greasy Merinos, principally spinners’ wools, and a good supply of the fine medium greasy cross-breds. There was brisk competition for Merinos, which occasionally were slightly dearer than yesterday. Cross-breds were fully firm. New Zealand lots sold as follows: Greasy cross-breds WP—P (top price 10J), average 92d; Mataura (10id), 9£; half-bred, Macdonald Downs (122 d), 113 d; Merino, Muller (Hid), lid. CHRISTCHURCH STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. (Special to the “Herald.”) CHRISTCHURCH, July 10. The following quotations were current on ’Change to-day:— Buyers. Sellers.

THE DAY’S BUSINESS. Sales on ’Change: Australian Eank of Commerce 23/- (2); Commercial Bank of Australia 21/- (2), 20/10; Commercial Bank of Sydney £l9/15/-; National Bank of Australasia (£lO paid) £l4/7/6; Bank of New South Wales £3B; Union Bank of Australia £ll/10/-; Tooths Brewery 31/3; British Tobacco 36/6, 36/4; Electro Zinc (pref., cum div.) 23/6 (2); Holden’s Motors 10/1; Mount Lyell 24/6, 24/4, 24/3 (2); Mount Lyell (rights) 2/8 (2); 2/5 (2); Mahakipawa 2d; Stoney Creek. (6d paid) sd; Winding Creek (6d paid) 2d (3). Sales reported: Australian Bank of Commerce 23/2; National Bank of Australasia (£5 paid, cum div.) £7/1/-; New Zealand Breweries 50/9; Tooheys Brewery 21/3; British Tobacco 36/10=i. THE SHAREMARKET. By Telegraph—Press Association AUCKLAND, July 10. Sales on ’Change.—Commercial Bank of Australia, 21/1; do. (pref.), £6 12s; Bank of New South Wales, £3B 7s 6d; (Syd. Reg.) £3B (2); Bank of New Zealand, 57/6; do. (D. Mortgage), 26/6; British Tobacco, 36/9; Hill and Plummer, 21/-; Robinson Ice Cream, 25/9; Sandford (pref.) 19/-; Wilson’s Cement, 43/-; Waihi, 14/3; Mount Lyell (rights), 2/9. DUNEDIN, July 10. Sales reported.—New Zealand Refrigerating (cont.) 4/9; Waihi Grand Junction, 2/- (2); Okarito (paid), 6/8 (2), 6/6; National Insurance, 14/3.

£ s d. £ s. d. N.Z. Government Debentures— 4& p.c. Inscr., 1938 99 7 6 99 10 0 4i p.c. Inscr., 1939 99 5 0 — 4i p.c. Bonds, 1030 99 12 6 — 4i p.c. Bonds, 1938 99 7 6 99 12 6 4i p.c. Bonds, 1939 99 5 0 — 4* p.c. Bonds, 1941 99 5 0 — 5* p.c. Inscr., 1933 99 7 6 — p.c. Bonds, 1933 99 7 6 — 5£ p.c. Inscr., 1936 99 5 0 — 5* p.c. Bonds, 1936 99 5 0 — 5i p.c. Inscr., 1937 99 5 0 99 7 6 Other Debentures— Glaxo, 6h p.c. 1945 90 0 0 92 10 0 N.Z. Refrig., 6i p.c., 1934 . . . . 91 0 0 96 0 0 Booth, Macdonald, 6 h p.c., 1932 68 0 0 72 0 0 Banks— Adelaide . . . 6 15 0 6 17 6 Aust. of Com. 1 2 6 1 2 10 Comm, of Aust. . 1 0 10 1 1 0 Do. (pref.) . . — 6 11 0 E.S. and A. . 5 19 0 6 0 0 Natl, of Aust. (£10 paid) . . . 14 6 G 14 7 6 Do. (£5 paid) 6 19 0 7 1 0 Comm, of Sydney 19 15 0 19 17 6 Natl, of N.Z. (cum. div.) . . . 5 15 0 6 0 0 New South Wales 37 0 0 38 New Zealand 2 17 1 2 Union of Aust, 11 7 0 11 10 0

Insurance — A.P.A — 0 7 9 Mercantile Mutual — 1 4 9 New Zealand (cum div.) 2 6 10 2 7 6 South British . . 2 19 3 2 19 9 Standard .... — 3 0 0 Loan and AgencyDalgety and Co. . 10 0 0 11 0 0 Christchurch Bldg. Society .... 13 0 0 — Goldsbrough Mort 1 6 9 .1 7 9 N.Z. Guarantee Corpn 0 7 10 0 8 0 Wright, Stephenson and Co. (prel.) .... 0 15 S 0 16 2 Shipping-— Huddart, Parker . 1 13 0 1 18 9 Frozen Meat— N.Z. Refrig (£1 paid) 0 10 2 0 IX 2 Do. (10 - paid) . 0 4 6 0 e 2 North Canterbury Freezing . . . c 2 3 Woollens— Kaiapoi <17 - pd.) — 0 13 0 Do. (7/- paid) . . 0 4 0 0 4 9 Coal— Grey Valley . . . 1 2 6 1 5 0 Westport 1 11 6 — Stockton (ord.) 0 1 3 0 2 0 Do. (pref.) .... 0 2 6 0 4 0 Gas— Ashburton .... 5 5 0 — Christchurch . . . 1 3 4 1 6 0 Do. (10/- paid) . . 0 12 5 0 13 0 Timaru 1 1 0 — Breweries— Carlton — 1 12 0 New Zealand . . . 2 10 7 2 10 9 Staples 2 6 0 2 6 9 Swan 3 2 6 Timaru — 0 14 0 Do. (5 - paid) . . 0 5 11 0 7 0 Toohey’s 0 19 9 1 1 3 Tooths 1 9 9 1 10 2 White Star .... 0 14 0 Miscellaneous — Amalgamated Wireless (con.) — 1 2 6 Aust. Glass . . . — 1 17 9 Beatli and Co. . . — 1 10 0 Do. (10/- paid) . . 0 6 0 0 7 0 Booth, Macdonald (pref.) .... — 0 4 9 British Tobacco . 1 16 3 1 16 4 Burns, Philp . . — 1 15 0 Dunlop Perdriau Rubber .... 0 12 2 0 13 0 Eclipse Petrol (£1 paid) 0 13 6 0 15 9 Electro Zinc (crd., cum div.) . . . 1 0 3 1 0 8 Do. (pref., c im d.) — 2 3 6 Holden's Motors . 0 9 9 0 10 0 Kauri Timber . . 0 13 10 — Milblirn Lime . . 1 13 0 — Mt. Lyell .... 1 3 2 1 3 11 Do. (rights) . . . 0 2 4 0 2 6 N.Z. Drug Co. . . — 3 3 6 N.Z. Farmers’ Coop. (1st. pref.) — 4 0 0 Do. vB pref.) . . . — 2 lu 0 Do. <6* p.c. Stock 1939) 72 0 0 80 0 0 Do. 65 p.c. Stock, 1940) 72 0 0 81 0 0 N.Z. Farmers’ Fertiliser (cum d.) 1 0 3 1 1 6 North Canty Co-op. Flour — 0 14 9 Quill, Morris . . . — 0 13 6 Taranaki Oil . . . 0 1 1 0 1 11 Blenheim Oil (rights) .... — 0 2 6 Mining— Mahakipawa . . . 0 0 15 0 0 25 Kawarau 0 0 3 0 0 Okarito 0 6 0 0 7 0 Stoney Creek (6d paid) .. .. 0 0 0 0 0 6 Winding Creek (1/paid) 0 0 3 0 1 3 Do. (6d paid) . . 0 0 1 0 0 4 Cornish Point (1/paid) 0 0 6 0 0 10