COMMERCIAL.

Gisborne Times, Volume LXI, Issue 9853, 5 November 1924, Page 2

COMMERCIAL.

CANTERBURY MARKETS. EXCMRTiONAI i.Y QUIET PERIOD. CHRISTCHURCH. Oct. 31. Ru-r.nsss as genera ly quiet at this t me of the year, hut it :s parti; u'arIv quiet oil the present occasion, liecause, generally speaking, the stores are jnetly veil liare. Some forward l»i is i IK'S. s is reported in potatoes, which hare been sold for April, May and .June delivery at £5 5s to £5 10s f.0.h., which is equal to about £4 per ton to fanners. A good many parcels bate boon sold oil this basis. Not much spot business is being done, whites being hard to dispose oi at £0 1(1:. per ton and Dakotas at £5 10s. it is expected that about 500 tons will be scut nuilh hy the Wingatui at the beginning nl the week. I! Gartens are being sod for forwmd delivery at Us rOJ per bushel, 1'.0.h.5.i.. and at -!s. Partridge peas are quiet at 7s, f.o.b.s.i. Thera has been seme inquiries fjr these from Lyndon, but ■ the p’.iees offered arc too low to re- : suit in business eompared with local , ligures. ! Tiie market for cocksfoot is fairly firm at- 13 Jd Would be glad to he ; quit of in view of the g'aotl crops ; expected in the near future. ,Southern merchants, in fact, are asking for counter offers for this seed. The beneficial rains which have fallen recently have had a hearten:ng elicit on the fanning community, and reports from the country indicate that good crops of a.l lines arc expected.

LONDON RUTTER AND CHEESE MARKET. WEI.UXGTOX. Nov. L Tiie Now Zealand Pioducer.s’ Cooperative Marketing Association has received the following cable, dated London, Oct. 31: The butter market is very slow. New Zealand, salted, 2225: Australian, 2COs; Argentine, unsalted, 200 s; Danish, 2305; Canadian 190 s; Irish 2165; Siberian 158 s to 184 s. The cheese market is quiet, but steady. New both colors. 95s to 90s; Canadian 90s to 98s.

X.VMLXA 1, INSURANCE CO. DUNEDIN. Xov. 4. The directors of the National Insurance Company have declared a dividend of two shillings per share, which, with an interim dividend of Is 9d paid in Alay, makes 3s 3d for the rear.—R.A.

STOCKS AND SHARES MARKET.

WELLINGTON, Nov. 4. Reported sacs of sharesi 4J per cent, inscribed stock, 1.039, £97 lUs ; lluddail, Barker Co. (ord), £2 3s 3d (two uarcels): Howard, Smith and Cm. £1 l !s (id ; Wilson’s Cement Co. £1 10s.—l’.A.

DUNEDIN, Nov. 4. Sale of shares: Dominion Rubber ( 0.. 21s Oil. Reported sales: Union Dank (fractions;, 12s, 10s Oil, 11a fid, 10:s: Kawarau Gold Co., 30s.—R.A. WELLINGTON. Nov. 4.

Sales : Howard Smith’s 34s Gd; Hiriil;: its -UN 3d; Union Bank (rights) 41s lid. Quotations: Bank of Australasia, £l3 Gd (si. £l3 3s (b): Howard. Smiths 35s (s). 34s (1>). —Special.

.\ U C'K LAiX D. Xo v. 4. Sales: Breweries (debentures). 21s 64: Bank t-f Austra’asia. j£l3 ss; Union Bank (rights) 47sNorthern Steam (eontiib.) 8s -kl; Aloanataiaii 2n 34.—R.A. WELLINGTON, Nov. 4.

Sales reported: AYiison’s Cement £1 12s: Union Bank of Australasia, (rights). £2 7s, £2 7s 94: Huddart Barker (erduiaiy). £2 3s3d; Hovvaid Smith £1 14 s.—R.A*.

FROZEN AIK AT MARKET. The Bank of New Zealand advises receipt of the following cable from their London office: W ethers, light, ,3d to 9jd ; heavy. 7Sd to SJcL Market quiet but firm: owes fid to 7d. Market improved, demand expected to continue: Ip.mbes under 42!b lljd to 12L.U, seconds 1144 to nom'nial; iipiv sci’scu s Australian. to ]2A d. Quotations nominal, market short supplies. Ox hauls, 4ld to sd; fores 3:UI to Old. Market quite but firm.