BRIGHT SPOTS IN THE NEWS

Dominion, Volume 25, Issue 266, 5 August 1932, Page 10

BRIGHT SPOTS IN THE NEWS

Firm and active conditions again ruled in the stock and share market yesterday. Evidence of a more confident feeling was to be found in the continued appreciation of values of certain stocks, which was reflected in the more numerous selling quotations. Very keen interest was shown in a sale of horses at Fellding. There was animated bidding and about 100 were sold for good prices. Bankruptcies in Auckland for the seven months ended July 31, totalled 65, the lowest figure for that period for four years.' In the corresponding period last year the total was 72: in 1930, 77 ; and in 1929. 80. The exports of sawn timber from New Zealand during the twelve months ended June 30 totalled 24,220,930 super, feet, valued at £229,172, as against 16,827,136 super, feet, worth £188,684, for the preceding year, an Increase of 7,393,704 super, feet, and of £40,488 in value. “The statistics of transactions in the real estate business for the, month of June reveal a promising outlook.” states, the "Abstract of Statistics." Motor-cycle dealers in Wellington report an Increased demand for motorcycles during the last two months One retailer remarked to a representative of “The Dominion” yesterday that the demand for used motor-cycles exceeded the supply. Exports of gold from the Dominion for the twelve months neded June 30 totalled 167,5180 z., valued at £797,476. as against 126,8160 z. valued at £519,795 for the previous year, an Increase of £277,681. or over 53J per cent. For the six months ended June 30. the exports of gold were 92.2930 z.. valued at £485.880, as against 65.7450 z. of a value of £269.136 for the corresponding period of last year. Thus the six months’ increase was 26,5480 z. of a value of £*216,444, this being due to the sharp rise In th eprice of gold during the