COMMERCIAL NEWS
DOMINION PRODUCE. HIGH COMMISSIONER’S REPORT. The Department of Agriculture has received the following cablegram dated February 15 from the High Commissioner for New Zealand London: — Tallow—Auctions will be held on February. 26. Market continues quiet with prices nominally unchanged. GRAIN AND PRODUCE. CHRISTCHURCH. MARKETS CHRISTCHURCH, February 17. Threshing of wheat was resumed at the end of last week, but samples that have come forward are out of condition owing to excess moisture. Slooks aie still very damp. No oats are being threshed as all growers are concentrating on wheat. There is a keener demand for oats, but no improvement in prices, as there are heavy offerings pending. Potatoes are quoted the same as last' week, and it is. still too early in the season for the market to he gauged properly. There is no business from the North Island. SYDNEY WOOL SALES. SEASON’S RECORD PRICE. ■ (United Press Association —Copyright.) SYDNEY, February 17. At the wool sales, a/new season’s • record for the Sydney market, 33id, was obtained for five hales of greasy merino. A. total of 10,590 hales was offered, of which 9580 were sold. Beside this, 2318 bales were sold privately. The. market was equal to last week’s best. There were full clearances, and competition was very keen and general. The average, prices last week were £l9 4s 6cl a bale, and 16.1 c! per lb. FROZEN MEAT TRADE. Messrs J. T. Thomas and Co. have received cable advice from their London agents, under date February 15, as under: —• New Zealand Lambs- —Down, 2’s, 7gd, 8d; secondary, 7-)d, 7gd; 2’s, 7|-cT,7|d; B’s, 7-Id, 72d; 4’s, 7d, 7/ t d; secondary, 7 A d 7-d. New Zealand, Mutton —Small, 4|d, s|d; large, 3Jd, 4 id. New Zealand Ewes —Small, 3Jd, 4d; large, 2id, 3Jd. New Zealand Frozen Beef —Ox hinds, 3|d, 4d; ox fores, 2§d, 2|d. Dominion Chilled—Hinds, old, 6d ; fores, 3!d, 3|d. New Zealand Pork —s|d, 6icl. Australian Lambs—6d, 7d. Argentine Lambs — 6£d. Lambs Trade rather irregular; moderate business is being done. Wethers— The demand and prices are steady. Ewes— Smaller supplies have caused prices to harden. Beef—The market is inclined to become firmer. Pork —The trade is slow. Trade affected by abnormal supplies. THE SHARE MARKETThe following sales were rnaue on the Christchurch Stock Exchange yesterday LISTED STOCKS. Sales on ’Change. £ s. d.
£300N.Z. Govt. 4p.c. Ins., 1937-40 102 0 0 25 Natl. Bank of A/asia 11 8 0 9 (£5 paid) 50 Bank of New Zealand 7 2 30 Union Bank of Aust. 10 0 0 100 Goldsbrough, Mort. . 1 12 10 200 N.Z. Breweries 2 13 2 0 200 Tooths Brewery (2) 2 14 8 (2) 2 14 9 100 Beath and Co. 100 Electro. Zinc (ord., 1 7 16 0 0 cum div.) 1 50 G. J. Coles 200 Hume Pipe (Aust. 2 13 6 0 cum div.) ... (2) 0 18 100 Kauri Timber 25 Woolworths (N.Z.), 1 4 9 6 6 ord. 5 600 King Solomon (4) 0 3 6 300 Mount Lyell (2) 1 3 6 1000 Skippers 0 0 3 Sales Reported. £ s d. 100 National Insurance ... 0 19 7 20 Dalgety and Co. 9 7 6 90 Mortgage Corpn. ... - 0 4 8 100 N.Z. Breweries 350 Hlume _ Pipe (Aust., 2 0 13 18 2 cum div.) 1 50 Woolworths (N.Z.), 9 6 ord. ... (2) 5 1000 Skippers 0 0 3 UNLISTED STOCKS. Sales on ’Change. £ s. d. 100 Woolworths (Sydney) 6 ord. 1 6 0(2) 6 2 Sales Reported. £ s. d. 50 Woolworths (Sydney) 6 9 ord. 1
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Bibliographic details
Ashburton Guardian, Volume 56, Issue 108, 18 February 1936, Page 7
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588COMMERCIAL NEWS Ashburton Guardian, Volume 56, Issue 108, 18 February 1936, Page 7
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