COMMERCIAL

Timaru Herald, Volume CXXXVII, Issue 19301, 30 September 1932, Page 16

COMMERCIAL

SYDNEY WHEAT PRICES. United Press Association—By Electric Telegraph—Copyright • Received September 29. 8.20 p.m.) SYDNEY. June 29. Wheat. —Quiet tone. There were no silo lots offered. The quotation nominally is 3 5. with country rates unaltered at 2 8k for bagged, and 2/7i bulked, which is equal to about 3/3!: ex-trucks. FLOUR PRICES. United Press Association- By Electric Telegraph— Copyright (Received September 29. 8.20 p.m.) SYDNEY, September 29. ! Flour—£lo 10s. Bran and pollard—£s 10s. Potatoes —Tasmanian. 140/-, Vic- ! torian 100/-. SOUTH AUSTRALIAN QUOTATIONS. United Press Association Bv Electric Telegraph Copyright • Received September 29. 3.10 p.m.) ! ADELAIDE. September 23. j Wheat.—Growers’ lots. 3 2!: and 3 3. 1 Flour. —Bakers’ lots £5 ss. Bran. —£5 ss. Pollard—£s 15s. Oats—Algerian 1 0. GRAIN AND PRODUCE. ~ j SOUTH CANTERBURY MARKETS. | Except in potatoes and seeds, there has been little activity in the South Canterbury grain and produce markets during the past week. The main activity has been in potatoes, the season for which is now almost at an end. A fairly heavy shipment, the balance of the September contracts, was made to Auckland, from Timaru and Lyttelton, and this has decreased the demand from that source. Prompts are quoted at £6 10 - per ton. f.o.b.s.i. The fact that spring sowing operations are commencing, has increased the inquiry for grass seeds. Several lines of cowgrass have changed hands at from £5 / 12 - to £5/15/- per cwt. f.o.b. The market for good quality ryegrass is firm, but there is not much offering. Little change has been recorded in the market for other small seeds. Supplies of good whole fowl wheat are short, but large quantities of undergrade are on offer. Quotations are from 44t0 4 6 per bushel f.o.b. On account of importations, orders from the North Island have been small. There has been little activity in the market for oats. A s are quoted at 3 6 to 3 6-j and B's at 3 2 to 3 3. On account of shortage of supplies here, most of the business has been going to Bluff and Dunedin. BASE METALS. TIN RECOVERS. United Press Association—Bv Electric Tel fgrapD— Copyright (Received September 29. 8.10 p.m.) LONDON, September 28. Metal prices again moved up, tin recovering fairly substantially. Quotations: —Copper. Standard £34 13s lid; forward £34 14s 4!d. Electrolvtic —Spot, £3B 15s, forward £39. Wirebars—£39. Lead—Spot £l2 18s 9d; forward. £l2 18s 9d. Spelter—Spot, £ls 6s 3d: forward, £ls 6s 3d. Tin—Spot, £153 11s 3d; forward. £155 Is 3d. Silver—Standard, 17id per ounce; fine, 19 l-Bd.

SYDNEY STOCK EXCHANGE. United Press Association- By Electric Telegraph - Copyright (Received September 29. 9.0 p.m.) SYDNEY. September 29. On the Stock Exchange there was a large turnover, with prices holding. Bank of New South Wales. £3l 3s 6d; j Commercial Bank of Sydney. £l6 7s 6d: j Union Bank £9 2s 6d: National <£s j paid) £6 lls 6d; Colonial Sugar £54 10s; j Millaquin Sugar 27 9; Henry Jones 34/-; Winchcombe Carson 24 -; Golds- | brough 27/3; Australian Glass 44 3; ; Dunlop Perdriau 16/9; British Tobacco, 35 3; Tooths 34 4i; Tooheys 21 4i; j Austral Gas A. £8 16s Gd; Broken Hill j ppy. 22 3; Taranaki Oil 3 -; Bonds 4 per cents. 1938. £lOl ss; 1941. £lOl 7s Gd; 1944, £lOl 10s; 1947. £100: 1950, i £100; 1953, £IOO ss; 1955, £IOO 12s 6d; 1957, £IOO 18s 9d; 1959, £lOl 8s 9d; 1961. £99 17s Gd. Melbourne. —Commercial Bank of I Australia. 16 10; Union. £9 Is; Electro- | lytic Zinc, 13 6.

GOLD. United rret? Association Bv Electric Telegraph -Copyright LONDON. September 23. Gold is quoted at 119 5 per standard ounce. CHICAGO WHEAT QUOTATIONS. United Press Association Bv Electric Telegraph Copyright NEW YORK. September 28. Chicago wheat —September 52i cents. December 54» cents, May 59 i cents, j New York, cash, 63 cents. ~ " ! CHRISTCHURCH STOCK EXCHANGE. LATEST QUOTATIONS. (Special to " Th. Herald.”) CHRISTCHURCH, Sept. 29. The following quotations were cur- | rent on the Exchange after the afternoon call:— Buyers Sellers

The Day's Sales. Sales on Change.— sl per cent. Inscribed. 1937, £96 5 5i per cent. Inscribed, 1936, £99 76; Commercial Bank of Australia. 14 9 (4); E. S. and A. Bank, £4 15/-; Canterbury Frozen Meat (pref.l, £4/5/-; New Zealand Refrigerating (£1 paid), 10 9 (2); New Zealand Refrigerating (10 - paid'. 3 8; New Zealand Breweries. 28 6; Electro Zinc (ord.), 16 4; Mount Lyell 21 Golden Point, 5d (7); Mahakipava 4d Sales Reported.—s-1 per cent. Bond-. 1933, £99/2/6; Union Bank of Australia. i'7 17 3 £7 is 6: Staples Brewery 26 7; Commercial Bank of Australia (pref.), £7. o

£ s. d. £ s. d. N.Z. Govt. Debs.— 45 p.c. Inscr., 1938 94 12 6 95 0 0 4’. p.c. Bonds. 1938 94 15 0 95 0 0 41 p.c. Bonds. 1939 94 15 0 — 55 p.c. Bonds, 1941 — 94 15 0 5i p.c., Inscr.. 1937 96 2 6 96 5 0 51 p.c. Inscr., 1933 99 0 0 — 5i p.c. Bonds. 1933 99 5 0 — 55 p.c. Inscr.. 1933 99 C 0 99 15 0 5* p.c. Bonds, 1S33 99 5 0 99 15 0 55 p.c. Inscr.. 1936 99 5 0 — 55 p.c. Bonds. 1936 99 7 6 — 5?. p.c. Inscr., Feb. 1937 99 2 6 — 5' p.c. Bonds, Feb. 1937 99 5 0 — 55 p.c. Inscr. and Bonds Sept. 1937 99 5 0 —

Other D: Ventures— Waitomo Electric. 6 p.c., 1945 .. . — 100 10 0 Blenheim Borough, 52 p.c.. 1947 — 101 10 0 Ch.Ch. Drainage, 5.* p.c., 1973 . . — 100 0 0 Ranks— Australasia (cum div.) 10 1 0 10 1C 0 Comm, cl Aust. 0 14 9 0 14 10 Comm, of Aust. (pref.) .... 7 4 6 7 11 C Comm, of Sydney . 14 17 6 15 10 0 E. S. and A. . . 4 14 C 4 15 0 National of A/asia. (£10 paid) . . . 11 11 0 National of N.Z. . 3 17 6 4 1 9 New South Wales 27 12 6 28 5 0 New Zealand . . . 2 G 10 2 7 4 Union of Aust. . . 7 15 0 7 13 0 Insurance— Mercantile Mutual 0 13 6 Nat.onal 0 14 6 0 14 10 New Zealand . . . — 2 3 0 South British . . 2 17 2 2 18 0 Standard .... 2 6 6 — Loan & Agency— Dalaety and Co. 8 12 0 8 14 0 Goldsbrough Mort. 1 3 10 1 4 5 | N.Z. Guarantee Corporation . . 0 5 6 0 6 0 N.Z. Loan & Mercant.le (ord. stk.) 42 0 n United Building Society (cum div.) 0 15 0 0 15 3 Sh»pp:'ng— P. Slid O. Deferred Stock 1 1 0 ! Union (pref.) . . . 1 0 1 — Frozen Meat— Canterbury (pref.) 4 5 0 4 12 6 N.Z. Refrigeratiiig (£1 paid) .... 0 10 9 0 10 11 1 N.Z. Refrigerating GO - paid) . . 0 3 7 0 3 3 i North Canterbury | Freezing .... 0 2 6 0 6 3 Woollens — Kaiapoi (17 - pd.) 0 4 0 Xaiapoi (pref.) 0 4 6 — CoalWest port-Stock ton (ord.) 0 0 6 Westport-Stockton (pref.) 0 1 2 0 1 10 Gas— Auckland 110 116 Auckland (contr.) 0 15 0 — Christchurch . . . 1 5 0 15 6 Christchurch (10/paid) 0 11 9 0 12 3 Breweries— New Zealand . . . 1 8 3 1 8 10 Carlton 1 9 6 1 11 o Stacies 1 6 6 1 7 0 Tooheys — 0 19 9 Tooths 19 6 1 10 s Miscellaneous — 1 Allied Motors . . . 0 1 0 _ Amalgamated Wire 0 18 0 10 0 less (contr.) . . 1 Australian Distillerv — 0 18 0 Australian Glass 1 18 9 1 19 0 | Eeath and Co. | (cum. div.) . . 1 1 0 1 3 3 j Seath & Co. (1/paid, cum. div.) 0 13 0 2 6 British Tobacco (cum. div.) . . . 1 10 6 1 10 9 British Tobacco (pref.) 1 4 6 | Colonial Sugar . . 47 15 0 49 5 0 ; Dominion Builders’ Supplies .... 0 13 0 2 0 Dunlop Rubber (cum. div.) . . 0 14 8 0 14 11 Electrolytic Zinc (ord.) 0 16 4 0 16 5 Electrolytic Zinc (pref.) 16 6 16 9 Greater Crystal Palace ... 0 10 6 _ H e n r y Jones Co-op 1 9 9 1 10 6 Howard Smith . . — Kauri Timber . . 0 13 0 0 13 10 2 Mount Lyell . . - 1 1 0 115 N.Z. Drug Co. . . 2 18 0 3 0 0 , N.Z. Farmers

Co-op. < 44 pc. 0 Stock. 1940» . . 44 10 0 52 0 N.Z. F a r in e r s’ Co-op. <4i p.c. 0 0 Stock. 1945) 45 — N.Z. Farmers Co-op. (45 p.c.. Stock. 1941) . . 45 0 0 48 0 0 N.Z. Farmers’ Fertiliser 0 16 0 0 18 0 N.Z. Paper Mills . 1 0 6 — Taranaki Oil . . . 0 2 8 0 3 0 Weeks. Ltd. . . - 7 1 0 8 10 0 Whitcombe and Tombs .... 2 15 6 2 19 0 Wilson's Cement . 1 13 3 1 14 0 Zealandia Soap 0 4 10 0 5 Woolworths <N.Z.) (pref.) 1 6 0 1 10 0