COMMERCIAL.

Timaru Herald, Volume CXXV, Issue 18622, 18 July 1930, Page 12

COMMERCIAL.

LONDON WOOL MARKET. United Press Association—By Electric Telegraph—Copyright LONDON, July 16. At the -wool sales 7472 bales were offered, including 4563 from New Zealand and about 6645 sold. There was a moderate selection of all descriptions. The good tone continues, prices being unchanged. New Zealand greasy crossbred G. 0.8. 9£d, top, 82d average . AUSTARLIAN MARKETS. United Press Association—By Electric Telegraph—Copyright (Received July 17, 8.10 p.m.) SYDNEY, July 17. Wheat in bulk 3s lOd, bagged 3s 103 d. Flour £lO ss, pollard and bran £7. Potatoes £7 10s to £10; Victorian £7 10s. Onions, Victorian brown £7. Oats, white 4s, Algerians 4s 3d. Maize, 5s 3d. ADELAIDE, July 17. Wheat 3s Bd. Flour £9 10s, bran £7 10s, pollard £7 15s. Oats 2s 9d.

CHRISTCHURCH STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. (Special to the "Herald.") CHRISTCHURCH, July 17. The following quotations were current on ’Change to-day:—

THE DAY’S TRANSACTIONS. Sales on ’Change.—Bank of Australasia, £l2 (2); New Zealand Breweries, 49/11 (3); British Tobacco, 36/7 (2); Electro Zinc (cum.| div.) (ord.), 20/2; Mt. Lyell, 24/2; Mt. Lyell (“rights”). 2/5 (2); Mahakipawa, 2d (2); Okarito,

7/11; Stoney Creek (6d paid). sd. Sales Reported.—Commercial Bank of Australasia (cum. div.), 21/2; National Bank of Australasia (£5 paid), £7/0 6.

THE SHAREMARKET. By Telegraph—Press Association AUCKLAND, July 17. Sales on ’Change: Commercial Bank of Australia 21/2; Renown Collieries (ord.) 15/3; New Zealand Breweries 49/3 (2); Milne and Choyce (deb. stock) 24/9; New Zealand Farmers’ Fertiliser (late sale Wednesday) 21/-; Waihi Gold Mining 14/-. DUNEDIN. July 17. Sales on Change: New Zealand Breweries 49/9 (2); Okarito 8/- (4). j

Buyers. Sellers. £ s. d. £ s. d. N.Z. Government Debentures— 44 p.c. Inscr., 1939 99 0 0 — 44 p.c. Inscr., 1938 99 0 0 — 5 b p.c. Inscr., 1933 99 5 0 — 54 p.c. Bonds, 1933 99 7 6 — 54 p.c. Inscr., 1936 99 5 0 — 54 p.c. Bonds, 1936 99 10 0 — 42s p.c. Inscr., 1937 99 7 6 — 44 p.c. Bonds, 1937 99 7 6 — Other Debentures — North Canterbury Hospital, 52 per cent, 1930 .. . . 99 10 0 — Glaxo. 6i p.c., 1945 90 0 0 92 0 0 N.Z. Refrigerating 64 p.c., 1935 90 0 0 95 15 0 Banks— Adelaide — 6 17 6 Aust. of Commerce 1 2 5 1 2 7 Australasia .. .. — 12 2 6 Comm, of Aust. (cum. div.) .... 1 1 0 1 1 1 Do. (pref., cum. div.) — 6 14 0 Comm, of Sydney — 19 15 0 E.S. and A 5 18 9 5 19 3 National of A/asia (£10 paid) .. .. 14 5 0 14 6 0 Do. (£5 paid) .. .. 6 19 0 7 0 0 National of New Zealand (cum. div.) 5 15 0 6 0 0 New South Wales 35 10 0 36 0 0 New Zealand . . . . — 2 17 0 Do. (“D” Mort. shares) 1 7 0 — Union of Aust; (cum. div.) 11 5 0 11 10 0 Insurance— A.P.A. .. . . .. .. 0 5 3 0 7 9 National 0 14 0 0 14 3 New Zealand (cum. div.) 2 6 9 2 7 3 South British — 3 0 0 Standard — 3 0 0 Loan and AgencyDalgety and Co. .. 10 2 6 10 11 0 Goldsbrough Mort. 1 6 9 1 7 3 N.Z. Guarantee Corporation 0 7 9 0 8 3 Permanent Investment — 10 10 0 United Building Society 0 15 0 — Shipping— Huddart, Parker (pref.) 0 19 0 — P. and O. Deferred Stock 2 3 6 2 6 3 . .Frozen Meat— Canterbury (ord.) 5 10 0 6 12 6 Do. (pref.) . . . 3 15 6 4 5 0 Gear — 1 18 0 N.Z. Refri. (£1 pd) 0 10 0 0 11 0 Do. (10/- paid) . . 0 4 7 0 5 2 North Canterbury Freezing .... — 0 2 3 Woollens— Kaiapoi (17 - pd) 0 11 0 0 13 0 Do. (7/- paid) . . 0 4 3 — Coal— Westport-Stockton (pref.) 0 2 3 0 4 0 Westport ..... 1 12 0 — Gas— Christchurch . . . 1 5 10 1 6 9 Do. (10 - paid) . . 0 12 8 0 13 0 Timaru 1 1 0 ~ Breweries— New Zealand . . 2 9 6 2 9 11 Staples — 0 2 6 Timaru (5/- paid) 0 6 0 0 7 0 Tooths 1 0 9 1 10 1 M iseella neous— Amalgamated Wire less (contr.) . . — 1 1 0 Beath and Co. . . — 1 9 9 Do. (1/- paid) . . 0 6 0 0 7 0 British Tobacco 1 16 8 1 16 11 Dunlop Perdriau Rubber .... 0 12 9 0 13 0 East African Coffee — 1 10 0 Eclipse Petrol (£1 paid) . . , 0 12 6 0 15 6 Electro Zinc (ord. cum div.) . 1 0 1 1 0 3 Do. (pref. cum div.) 1 3 8 1 4 2 Holden's Motors . 0 9 5 0 9 8 Howard, Smith . . 0 12 0 0 16 0 Kauri Timber . . , 0 13 6 0 14 1 Mt. Lyell 1 4 0 1 4 2 Do. (“rights”) . . 0 2 4 0 2 5 N.Z. Drug Co. 3 3 0 3 5 0 N.Z. Farmers’ Coop. (“B.” pref.) . — 2 9 0 Do. (6b p.c. Stock, 1939 and 1940) . 75 0 0 83 0 0 Do. (6a p.c. Stock, 1945) 76 0 0 North Canterbury Co.-op. Flour .. 0 12 6 0 15 0 Quill. Morris .. .. — 0 13 6 Taranaki Oil .. .. 0 1 4 0 3 5 United Pictures .. 1 0 1 Wilson’s Cement .. 1 18 6 2 2 6 Mining— Alexander .. .. ,. 0 11 9 0 12 0 Kawarau 0 0 2 Mahakipawa .. .. 0 0 ii 0 0 24 Okarito 0 7 6 0 8 2 Winding Creek; (Is paid) c 0 3 c 0 6 Stoney Creek (6d paid) 0 0 4 0 0 6 Cornish Point (1/paid) 0 0 31 0 0 9