COMMERCIAL.

Timaru Herald, Volume CXXXIV, Issue 18865, 1 May 1931, Page 7

COMMERCIAL.

AUSTRALIAN MARKETS. United Press Association--By Electric Tel egr aph—Coprri »rht (Received April 30, 7,40 p.m.) SYDNEY, April 30. Wheat is firmer. Ex-trucks at Sydned 2/51, country stations l/101d. Flour £lO, pollard and bran £3/10/-. Potatoes £6, Voctorian £4/10/-. Onions, Victorian £4. Oats, white, Algerian 2/6. Maize 3/9. LONDON WOOL SALES. STEADY COMPETITION MAINTAINED. United Press Association—By Electrlo Telegraph—Copyright LONDON, April 29. At the wool sales. 9604 bales were offered, including 3121 bales of New Zealand wool. About 7920 bales were sold. There was a good offering of all descriptions. The opening prices were fully maintained. ST. ANDREWS SALE. At the St. Andrews sale yesterday about 300 fat ewes were offered, and most of them were purchased by exporters, making from 4/4 to 7/4. In the fat lamb section 800 were sold, and the quality was better than usual, showing how well lambs have done during the dry weather. Best lambs made up to 15/-, and one lot not very well finished fetched 12/5. A line of 100 2-tooth Romney wethers realised 14/-. Not many stores came forward, but anything showing condition in the lamb section was sought after, a line of m.s. lambs making 11/-, and some i-bred wethers sold for home killers were knocked down at 12/-. Aged ewes were sold at 4/6, 5/- and 6/3. A line of 4-tooth Romney ewes was passed in at 17/-. Weaner pigs made up to 14/-. Four draught horses were offered after the sheep, only one being sold at £l2. Very few cattle came in, and late rates were maintained. CHRISTCHURCH STOCK EXCHANGE. LATEST QUOTATIONS. (Special to the " Herald.") CHRISTCHURCH, April 30. Following were the official quotations when the Exchange closed after the afternoon call:—

The Day’s Sales. Sales on ’Change.—Commercial Bank of Australia, 14/6 (2); Dalgety and Co. (cum. div.), £6/17/6 (2); Cornish Point, s*d; King Solomon, 2/4, 2/3; Mahakipawa, lOd; Golden Point (10/- paid), 10/6 (3); Mt. Lyell, 18/2 (2). Sales reported.—Commercial Bank of Australia, 14/5, 14/6; National Bank of New Zealand (late sale 29th), £5/3/-. THE SHARE MARKET. By Telegraph—Press Association AUCKLAND, April 30. Sales on ’Change: Mt. Roskill. 1950. 53 per cent. £9B; National Bank of New Zealand. £5/2/-; Bank of New South Wales (late sale), £26; New Zealand Insurance, £2/2/-; Colonial Sugar, £35; Waihi Mining, 15/5; New Zealand Breweries (debentures'), 21/6.

Buyers. Sellers. £ S. d. £ s. d N.Z. Government Debentures— 44 p.c. Inscr. 1938 and 1939, and Bonds 1938 and 1939 98 0 0 99 0 0 4 h p.c. Inscr.. 1941 98 2 6 — 51 p.c. Inscr., 1932 99 15 0 — 5J p.c. Inscr., 1933 99 0 0 — 5£ p.c. Inscr., and Bonds. 1933 . . 99 10 0 — 5i p.c. Bonds, 1936 99 5 0 — 5i p.c. Inscr., 1936 99 0 0 — Other Debentures Christchurch Trams, bh p.c. 1944 .... — 98 10 0 Hamilton Central Elec. Power. 5h p.c., 1957 .... — 96 0 0 Glaxo, 6J p.c. 1945 87 0 0 — Banks— Comm, of Aust. . . 0 14 5 0 14 6 Aust. of Comm. 0 14 0 0 14 11 Australasia . — 9 15 0 Comm, of Sydney . 15 0 0 Natl, of A/asia <"£10 paid cum div.) .... 10 18 6 a 8 0 Natl, of N.Z. . . . 5 1 0 5 7 6 New South Wales . — 26 10 0 New Zealand (“D” Mort Shares) 1 6 3 — Union of Aust. . . 7 10 0 7 17 0 Insurance — A.P.A 0 4 3 0 5 1 National (cum. d ) 0 13 2 — New Zealand . . . 2 1 10 2 2 8 Mercantile Mutual — 0 16 0 Standard 2 7 0 — Loan and AgencyChristchurch Building Society 11 15 0 — Dalgety and Co. (cum. div.) . . . 6 15 0 6 19 6 Goldsbrough Mort 0 19 5 0 19 8 Mutual Benefit . . — 11 15 0 N.Z. Guarantee Corporation . . 0 5 2 0 5 5 United Building Society 0 13 6 0 14 6 Shipping — P. and. O. Deferred Stock 1 8 0 Union (pref.) . . 0 19 9 — Frozen Meat — Canterbury (ord.) 3 0 0 — Do. (pref.) .... 3 2 6 4 15 0 N.Z. Refrigerating (£1 paid) . . . 0 9 0 0 10 6 Do. (10/- paid) 0 2 10 0 3 0 North Canterbury Freezing . . . , 0 2 6 0 3 9 Woollens — Kaiapoi (17/- pd.) 0 6 0 0 9 0 Coal — Stockton (pref.) • — 0 2 6 Gas — Auckland .... — 1 3 0 Christchurch . . . 1 4 8 1 5 3 Do. < 10 - paid) . . 0 11 0 — Timaru . . . • • — 1 2 0 Breweries — Carlton 1 0 0 1 4 0 New Zealand . . . 1 14 7 1 15 3 Staples 1 13 3 1 17 3 Timaru 0 11 0 — Do. (5/- paid) . . 0 5 0 — Tooths 0 19 9 1 0 6 White Star .... — 0 12 0 Miscellaneous — Australian Glass . 1 1 10 1 3 8 Beath and Co. . . 1 2 6 1 2 9 Do. (1/- paid) . . 0 2 9 0 3 6 British Tobacco . 1 9 1 1 9 6 Colonial Sugar . . 34 10 0 39 0 0 Dominion Builders’ Supplies .. 0 2 0t 0 4 0 Electro Zinc (pref.) 0 15 0 0 16 0 Kauri Timber . . 0 6 6 — Mount Lyell . . • 0 17 10 0 18 1 N.Z. Farmers’ Coop. (6i p.c. Stk., 1940) 50 10 0 — Quill, Morris . . . 0 7 6 0 8 0 Whitcombe and Tombs . • • 2 15 0 — Wilson’s Cement . — 1 19 6 Wunderlich .... 0 7 6 0 18 0 Mining — Cornish Point . . . 0 0 54 0 0 6 King Solomon . . 0 2 24 0 2 3 Mahaklpawa . . . 0 0 91 0 0 10

Do. (pref.) .... 0 0 81 0 0 91 Okarito 0 7 11 0 8 0 Waihi (cum. div.) 0 15 5 0 15 8 Waihi Grand June Winding Creek (Is 0 2 2 0 2 6 paid) Golden Point (10/0 0 1 0 0 u paid) 0 8 10 0 11 5 Do. (10id paid) . 0 1 0 0 1 10