COMMERCIAL.

Star (Christchurch), Issue 18452, 1 May 1928, Page 5

COMMERCIAL.

The Department of Agriculture has received the following cablegram dated April 2S from the High Commissioner for New Zealand, London:— HEMP. The Manila market is quiet but. steady. “J” grade, May-July shipments, gold £3B 10s. Sisal, firm. Business has been done in spot and afloat at £37, No.-1; and £35 5s to £35 10s No. 2. Later positions meet less inquiry. New Zealand: Small business reported in Highpoints for May-June shipment at £32 ss: fair £29, and afloat £29 15s. Shippers now ask £29 10s for May-June shipments of fair grade, but buyers’ ideals are £29: common £2B 10s; No. 2 tow £2O 10s, and No. 3 £lB. WOOL. The Bradford market is easier owing to the lack of demand for tops and yarns. Buyers cautious, waiting indications of wool values at next sales. Present quotations for tops are:—64's (merino), warp 4s 7d per lb. average 4s 6d per lb: 58’s (super half-bred), 3s (*4d per lb; 50’s (half-bred), 2s 9id per lb; 40’s, prepared, 2s lid per lb. TALLOW. There was no auction this week as only a small quantity was available. The market was quiet at last quotaA FPLES. The Mat.aroa is now unloading, hut none of her cargo has been sold as yet. The market is quiet.. Current prices are: —Cox’s Orange, 13s to 17s per case; Cleopatra, 13s to 16s per case; Jonathan and Delicious, 12s to 14s per case: Dunn’s Eavourlte, London Pippin and Ribston Pippin, 10s to 11s 6d per case PEARS. The Mataroa is on hand. Comice very wasty, Beurre Bose, Winter Cole and Josephine fully ripe and some waste, others sound. Opening prices:— Comice, noT quoted; Beurre Bose, 2s 6d to 4s per tray; Josephine and Winter Nelis, 4s per tray: Packham, Vicar of Winkfleld and Winter Cole, 2s 3d to 2s 6d per tray. PROPERTY MARKET. SUB DIVISIONAL SALE. .Tones, McCrostie Company, Ltd., report having held a sale in their land sale rooms last evening, on account of the Public Trustee as executor of the will of William Walls. The sections are situated In Antrim Street and Milton Streets. The following are the particulars and prices realised:— Lot. Area. Price. Purchaser. Per. £ 2 24.7 200 Mr U. E. Carter 3 24 175 Miss Throp 5 2 4 16 2-1 E. Ashley 6 24 16 21 F. Ashley 7 24 1624 A. Harris S 24 . 1624 W. Johnston STOCK EXCHANGES. CHRISTCHURCH.

Sales on ’Change.—Bank of Adelaide, £9 11s; Bank of Australasia, £l4 14s; Maliakipawa, Is 3d (three parcels), Is 4d. Sales Reported.—Aust. Bank of Commerce, 345;. Waihi, 12s 71d; Christchurch Gas, 23s 10d.

Following are to day’s quotations:—• £ s. d. £ s. d. GOVERNMENT STOCK 4$ p.c. Inscr., 1938 97 12 6 97 4J p.c. Inscr., 1939 5 4 p.c. Bonds, 1933 97 12 6 100 7 6 54 p.c. Inscr., 1936 100 2 6 04 p.c. Bonds, 1936 100 2 6 4 p.c. Inscr., 1929 (taxable) .... 97 0 0 98 10 0 MUNICIPAL BBNTURESSouth Canterbury Electric 5J p.c., 101 10 Waitaki Power 5f 102 Lyttelton Harbour 4 p.c., 1929 .... 97 0 0 98 10 0 COMPANY DEBENTURES N.Z. Breweries, Glaxo, 6J p.c., 1945 BANKS— S9 0 0 93 0 0 £ 1 l Aust of Commerce 1 13 1 14 1 Australasia .... 1 4 3 0 1 4 5 0 Comm, of Aust. 1 8 5 1 S 6 (pref.) 7 1 0 Comm, of Sydney E.S. and A. (ex 26 30 0 26 37 6 0 National of Aust. (£10 paid, cum IS IS T National of Aust. (£5 paid, cum 0 „ 0 New South Wales 47 10 48 0 0 New Zealand .... New Zealand 3 0 1 3 0 3 (M 0 r t g a g « Shares, £1 paid) 1 7 0 Queensland National (cum dir.) 8 15 0 9 2 f Union of Aust. . . Australasia, “fra.c14 14 0 14 16 0 0 A u s tralasia 19 INSURANCE— Mercantile Mutual 1 0 National (cum New Zealand .... 2 1 3 2 1 6 Queensland .... South British .... 3 - 0 2 19 0 LOAN AND AGENCY— Dal gety and Co. (cum div.) .... 14 14 10 0 Goldsbrough Mort National Mort2 9 10 2 10 2 N.Z. Loan and Merc, (ord stk) 105 0 0 SHIPPING Howard Smith 6 3 1 7 3 Adelaide Steam Hucldart - Parkvr 3 3 6 Union (pref.) FROZEN MEAT— 1 0 4 N.Z. Refrigerating Co. (£1 pd.) .. N.Z. Refrigerating 1 6 3 (10s pd.) .... 0 7 10 0 8 0 WOOLLENS— Kalapoi (17s pd.) Kaiapoi (pref. re 0 8 8 div. only) .... 0 1 3 Wellington (pref.) COAL- — 6 7 0 3 11 Stockton (ord.) . . 0 2 9 0 2 Stockton (pref.) . GAS— 0 * 3 11 Auckland Auckland (contr.) 1 3 „ 16 Christchurch .... Christchurch (10s 1 3 8 1 3 li 0 0 11 BREWERIES— New Zealand .... 2 5 6 2 6 9 White Star .... 0 17 0 0 CEMENTS— 1$ TIMBER— 11 MISCELLANEOUSHeath and Co. . . 1 1 8 1 J 3 6 British Tobacco 2 4 0 7 Burns, Philp .... 2 2 Dunlop Rubber Electrolytic Zinc 1 3 1 r ° Henry Jones Co-op Hume Pipe N.Z. Farmers* Coop. (pref. re div. N.Z. Farmers’ Coop. 64 P-c. 1930 0 14 2 IS 0 0 N.Z. Farmers’ FerTaranaki Oilfields Whitcombe and 0 S 1# 6 Quill Morris .... mining 0 17 6 0 0 12 10 Mahakipawa .... Walhi Grand Junction .... 0 1 0 0 2 0 Ohinemuri ....