COMMERCIAL.

Star (Christchurch), Issue 18940, 10 December 1929, Page 10

COMMERCIAL.

METAL CORPORATION. (United Press Assn.—By Electrlo Telegraph—Copyright.) (Received December 10, 1.30 p.m.) LONDON, December 9. The Amalgamated Metal Corporation, Ltd., has been registered with a capital of £500.000 to acquire the British Metal Corporation, Ltd., and Henry Gardner and Company, Ltd. The directors include Sir Auckland Geddes and Mr W. S. Robinson. STERLING. (Received December 10, 10.45 a.m.) NEW YORK, December 9. Sterling advanced on the New York market to-day above 4.881, at which level export to Britain would appear to be profitable. This is the highest level since the end of 1927. DAIRY PRODUCTION SHOWS SLIGHT RISE. Per Press Association. WELLINGTON, December 10. The Dairy Division grading figures for the four months ended November, 1929, show an increase for butter of 12.14 per cent at 13.800 tons, and for cheese a decrease of 1.4 per cent at 11,989 tons, as compared with the corresponding period of the preceding season. Reduced to terms of butter-fat, the equivalent gradings of dairy produce for the eleven months show tn increase of 4.53 per cent over the gradings for the corresponding periods of the preceding season. AMERICAN APPLES IN ENGLAND AND GERMANY. Messrs T. Boss-Walker. Limited, ot Hobart, are tn receipt of advice from Messrs Yeoward Brothers, of Liverpool, that., on October 15 last, Washington. Jonathans were bringing up to 16s a box and M’lntosh Reds up to 16s 3d a box. On the same date, according to advices received by Messrs T. Boss-Walker. Limited, from the Lnternationale Prucht-Import-Gesellschaft, of Hamburg, Jonathans were selling in that market up to 17 marks a box.

STOCK EXCHANGES. CHRISTCHURCH. Following are to-day's quotations:— Buyers. Sellers.

Sales on ’Change—New Zealand Breweries (Bonds), 27s lOd; Comm. Bank of Aust., 26s 3d; British Tobacco (cum div.), 44s 9d. Sales reported—Dalgety and Co., £l2 17s Cd. Number of shares—2oo New Zealand Breweries Bonds, 200 Comm. Bank of Aust., 30 Dalgety and Co., 50 British Tobacco (cum div.) AUCKLAND, December 1.0. Sales on ’Change—Mt Lyell 41s sd, British Tobacco 455, Goldsbrough Mort. (rights) 5s 3d. Sales reported—New Zealand Breweries (deb.) 28s, Milne and Choyce (def.) 27s 6d, Mt Albert Loan 1960 (Gi p.c.) £lO4. DUNEDIN, December 10. Sales on 'Change—New Zealand Papers 20s 2d, Mount Lyell 41s 9d (two). WELLINGTON. Reported Sale—Bank of New South Wales, £42 15s.

d N.Z. GOVT STOCK— 4J p.c. Insc.. 1938 and 1939 .... 100 0 55 p.c. Inscr., 1933 100 12 6 101 5J p.c. Bonds, 1933 100 12 6 101 7 6 55 p.c. Inscr., 1936 101 0 0 17 5J p.c. Bonds, 1936 101 0 0 102 0 OTHER DEBENTURES— Christchurch Drainage Board, . r >i p.c., 1938-73 . 104 0 0 N.Z. Breweries (bonds) 1 7 7 1 8 0 BANKS— Adelaide 1 9 Australasia .... 13 10 0 Comm, of Aust. . . 1 6 2 1 Comm. of Aust. (pref.) 7 5 E.S. and A 7 12 Natl, of New Zealand (cum div.) 6 14 0 6 16 0 New South Wales 42 b 0 42 12 6 New Zealand .... 3 0 3 Union of Aust. . . 13 7 6 13 12 INSURANCE— A.P.A. 0 11 New Zealand .... 2 5 0 LOAN AND AGENCY— Dalgety and Co. 12 IS 0 13 0 0 Goldsbrough Mort (cum div.) .... 1 18 4 1 18 Goldsbrough Mort (rights) 0 5 4 0 5 6 National Mort. . . 4 3 0 N.Z. Guarantee Corporation 0 8 6 0 8 7 United Building Society 0 15 3 SHIPPING Huddart Parker . 2 2 1 2 2 9 FROZEN MEAT— N.Z. Refrigerating (£1 paid) 0 12 8 N.Z. Refrigerating (10s paid) .... 0 4 9 0 5 2 North Canterbury Freezing .... 0 2 0 0 6 6 WOOLLENS— Kaiapoi (17s paid) 0 12 6 Kaiapor (7s paid) 0 3 0 Mosgiel 8 0 0 COAL— Grey Valley .... 1 6 0 Auckland 1 5 Christchurch .... 1 6 1 Christchurch (10s paid) 0 12 10 0 13 2 BREWERIES— Carlton 2 1 0 Foster’s 3 18 0 4 5 0 Staples 2 12 9 2 13 3 Timaru 0 16 3 Timaru (5s paid) 0 8 6 Tooths 2 0 0 2 1 0 MISCELLANEOUS— Australian Distilleries .... 1 1 0 1 2 3 Allied Motors 0 2 6 0 4 0 Heath and Co. . . 1 9 6 Heath and Co. (Is paid) 0 8 1 0 8 4 British Tobacco (cum div.) 2 4 7 2 4 10 Canterbury Farmers’ Co-op (“A” Pref.) 2 2 6 Canterbury Farmers (ord.) 0 1< C Colonial Sugar 48 10 0 Electrolytic Zinc (ord.) 1 13 2 1 13 5 Electrolytic Zinc (pref.) 1 14 0 Glenmore Brick and Tile 1 5 0 1 8 « Greater Crystal Palace 1 3 6 Henry Jones Co1 10 0 Hume Pipe (Aust.) 0 18 3 Mount Lyell (cum div.) 2 1 4 2 1 7 N.Z. Drug Co. 3 13 6 3 14 3 N.Z. Farmers’ Coop. (first pref.) 4 2 0 N.Z. Farmers’ Coop. ("A” pref) . 2 19 0 N.Z. Farmers’ Coop. ("B” pref.) 3 3 6 3 6 0 N.Z. Farmers’ Coop. (63 p.c. stk., 1940) 90 0 0 93 0 0 N.Z. Farmers’ Coop. (6J p.c. stk., 1939) 90 0 0 92 10 N.Z. Farmers’ Coop. (65 p.c. stk.. 1945) 93 0 N.Z. Farmers’ Fertiliser .... 1 1 1 Quill Morris .... 13 0 Taranaki Oil .... 0 3 6 Wilson's Cement 2 0 0 Amalgamated Wireless (contr.) 1 1 9 MINING— Kildare Kawarau 0 0 4 Mahakipawa 0 0 4 Okarito 0 Winding Creek (Ik paid) 0 1 2 Winding Creek (Gd paid) .... 0 1 1 0 Stoney Creek (Cd paid) 0 0 8 0 0 10