COMMERCIAL

Star (Christchurch), Issue 18543, 17 August 1928, Page 11

COMMERCIAL

BRITISH COMPANY SECURE CONTRACT, DESPITE’ COMPETITION

(United Press Assn.—By Electric Telegraph.—Copyright.)

(Received August 17, 12.30 a.m.) RUGBY, August 16. The Stanton Ironworks Company, rear Nottingham, have obtained a contract for 10,000 tons of cast iron pipes for a Buenos Aires water undertaking. This is the first contract of any importance obtained from this authority in the Argentine Republic since the war, for cast iron pipes, and has been obtained in the face of severe competition from foreign makers.—British Ofj ficial Wireless. gnßoinurz bauxtc. (United Press Assn.——By Electric Telegraph.—Copyright.) (Received August 17, 10.60 a.m.) MELBOURNE. August 17. Market quotations are:— Wheat is quiet. Buyers are offering sa, but- sellers are scarce. Flour—To £l2 12s 6d a ton. Bran.—£6 10s a ton. Pollard—£7 10s a ton. Oats—Slow, from 3s 6d to 3s Sd a bushel.. Barley—Good English malting, 5s 3d to 6s 4d a bushel; Cape, 4s a bushel. Maize—Quiet at 4s 3d a. bushel. Potatoes—The market is over-sup-plied. They are quoted to £3 10s a lon. Butter—Steady at Is 7sd a lb. Cheese—losd a lb.—Australian Press Association. (United Press Assn.—By Electrio Telegraph.—Copyright.) (Received August 17, 9.45 a.m.) NEW YORK. August 16. Chicago wheat quotations are:—September, 112{ cents a bushel: December, 117 J cents; March, 122 ft cents; May, 1241 cents.—Australian Press Association.

STOCK EXCHANGES. CHRISTCHURCH. Following are to-day's quotations on the Christchurch Stock Exchange:— Buyers. Sellers. £ s d £ s d N Z. GOVT. STOCK—

Mahakipawa .... 032 034 tsrles, 48s Id, 48s 2d (two parcels): British Tobacco, 42s lOd, 42s lid; New Zealand Farmers’ Co-operative (66 per cent Stock, 1930), £B9; New Zealand Guarantee Corporation, 8s lOd (foulparcels); Mahakipawa, 3s 2d, 3s 3d

4J p.c. Inscr., 1938 and 1939 41 p.c. Bonds, 193S and 1939 Fi -p.c. Inscr., 1933 98 101 17 0 0 6 0 0 101 5 0 51 p.c. Inscr., 1936 101 0 0 101 5 0 51 p.c. Bonds, 1936 101 51 p.c. Inscr., 1933 OTHER DEBENTURES Bay of Plenty Powder, 52 p r c.. 1963 100 N.Z. Breweries (Inscr.) 1 N.Z. Breweries (Bonds) 1 0 10 3 0 0 6 11 99 1 S 4 0 Glaxo, 61 p.c. 1945 BANKS— 9 13 0 9 15 0 1 13 1 Australasia .... Comm, of Aust. . . 1 10 4 1 10 6 Comm. of Aust (new, 6s paid) Coram. of Aust. (new, fully pd.) 26 3 0 0 19 10 13 9 0 0 E. S. and A 8 6 a 1 1 Natl. of A’asia (£10 paid) IS 15 0 is IS 6 Natl. of A’asia (£5 paid) .... 9 6 * 9 7. 0 Natl, of New Zea7 4 6 7 6 0 New South Wales <c.um div.) New Zealand .... New Zealand (“D” mortgage shares) Union of Aust. . . 3 15 0 1 0 15 0 INSURANCE — National n 16 3 0 16 6 South British .... 3 Standard LOAN AND AGENCY— . Dalgety and Co. . 14 1 17 0 3 15 0 0 0 Goldsbrough Mort SHIPPING— Devonport Ferry . l 3 « 1 4 3

Howard Smith . . \ in 0 Huddart - Parker - Union - . . 1 0 * 1 1 0 Canterbury (pref.) 5 1 0 * (*£I paid) - - 6 o IS 9 0 19 9 (10s paid) .... 0 y 0 0 9 3 Kaiapot 07$ pd.) Katapoi (pref.) . . 0 15 ° Westport 1 y 9 1 10 6 GAS— Christchurch 1 4 2 paid) . 0 12 0 3 $ 0 New Zealand .... 2 S 0 2 S 6 Tooth’s 2 6 0 2 6 4

Ward 2 2 0 CEMENTS — Milburn Lime 113 € MISCELLANEOUS— Allied Motors . . OSS Benth and Co. .. 1 13 3 British Tobacco . 2 2 10 2 3 3 Eclipse Petrol (£1 paid) 0 3* 3 1 0 0 Colonial Sugar . . 59 S 0 59 12 « Dominion Rubber 1 12 0 Donajghy Rope and Twine 3 12 <* Dunlop Rubber . . 14 11 15 2 Electrolytic Zinc (ord. cum div.) 113 2 113 4 Electrolytic Zinc (pref. cum div.) 3 13 8 1 14 3 Greater Crystal Palace ...... 019 6 Hayward’s Pictures 01S 9 1 0 3 Henry Jones Coop 1 16 9 Holden’s Motors . 112 0 1 13 6 Mercantile Finance Corpn. (5s paid) 0 3 0 N.Z. Drue Co. . . 3 10 6 N.Z. Farmers’ Coop. (“B” pref.) 10 0 N.Z. Farmers’ Co-

op. ("A” pref.) N.Z. Farmers’ CoSi. 1 ,* 1 Mk : 114 6 N.Z. Farmers’ Co83 0 0 .12 5 0 i 1 ! s vSSGS*, 'inv..i: 2 3 3 2 4 6 mants i iS : Mount L#yeU .... Union Oil. Soap and Candle MIKING— 2 10