COMMERCIAL NEWS
DOMINION PRODUCE. HIGH COMMISSIONERS REPORT. The Department of Agriculture has received the following cablegram, dated July 30, from the High Commissioner for New Zealand, London: — Tallow.—Market continues on spot with prices unchanged. Hemp—Manila: Market dull and easier; buyers holding back. ‘K’ grade fqr July-September and August-Octo-ber shipments quoted sellers £3l 15s. Sisal: Market quiet; steadier at the close. June-August shipments sold £27 August-October £27 7s 6d to £27 15s. New Zealand: Market nominal; no first hand sales > reported. Apples—Fair demand but no' improvement in prices. Granny Smith 12s to 14s, Dougherty 11s to 13s, Hokewood, Yates 9s to 11s, Tasma 9s to 10s 6d, Stunner, Newton Pippin and Rome Beauty 9s to 10s. Peas Maples: Demand slow, ‘A’ grade Tasmanian afloat sold 55s to 565, values (word mutilated) 56s 6d to 575. No. 1 New Zealand for August-Septem-ber shipments sold recently 545. Blues: Slightly better demand early - this month. ‘A’ grade Tasmanian sold for July-August shipments £l2.
GRAIN AND PRODUCE. CHRISTCHURCH MARKETS. CHRISTCHURCH, August 2. Potatoes are firm, business from the North Island being a little better. Up to £6 5s is being offered in the country, with £6 10s for deliveries a fortnight hence. The fowl wheat is now payable. Potatoes—Prompt, Dakotas, £6 5s white, £5 10s. The following are quotations to farmers on trucks at country stations, sacks extra unless otherwise stated:— Milling Wheat —F.a.q. Tuscan 5s 4sd, Hunters 5s 6jd, Pearl 5s B£d (August delivery). Fowl Wheat G.w.f. 5s B*d, f.0.b.; under-grade, 4s lOd to 5s (according bo quality). Oats—Gartons 2s 9d to 3s 3d, Algerians, 2s 8d to 3s; Duns, 2s 6d to 3s 3d (according to quality). Cocksfoot—4d to XOd (according to quality). Ryegrass —Perennial, 2s 9d to 3s 3d (according to quality); Italian, 2s 9d to 3s. White Clover—Bd to lOd. Cowgrass—6d to 7d. Partridge Peas—4s 3d to 4s 9d; under-grade, 3s to 4s 2d. \ Flour—£l3 15s 6d, in 2001 b sacks. Bran—£4 15s to £5 5s (local price). Pollard—£6 5s to £6 15s (local price). Chaff—£4 to £4 10s (according to quality). Potatoes—Prompt: Dakotas, £6 ss; white, £5 10s. Onions—£lo to £ll (first quality). THE SHARE MARKET
The following sales were made on the Christchurch Stock Exchange yesterday:— i LISTED STOCKS. Sales on ’Change.
Sales Reported. £SOO N.Z. Govt. 3£ p.c.,
SOUTH OTAGO FREEZING COMPANY. BONUS ISSUE OF SHARES. DUNEDIN, August 2. The directors of the South Otago Freezing Company have decided to re*eommend to shareholders the payment of a bonus issue of one new share for each share at present held.
£ s. d 100 Comm. Bank of Anst. 0 18 1 100 Auckland Gas (cum div.) 1 1 10 100 N.Z. Breweries (cont.) 1 14 7 200 British Tobacco 2 9 7 2 9 6 2 .9 7 350 Mount Lyell (4) 2 3 0 1650 Mount Morgan" (8) 0 11 11 0 12 0 (9) 0 12 1
Ins., 15/3/39-43 ... 103 0 0 £505 N.Z. Govt. 31 p.c. Ins., 1938-52 103 2 6 100 Auckland Gas (cum div.) 1 1 9 4 Colonial Sugar 47 10 0 300 Mount Morgan 0 12 0 (2) 0 12 1 100 British Tobacco 2 9 9
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Ashburton Guardian, Volume 57, Issue 250, 3 August 1937, Page 7
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524COMMERCIAL NEWS Ashburton Guardian, Volume 57, Issue 250, 3 August 1937, Page 7
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