COMMERCIAL

Greymouth Evening Star, 28 March 1930, Page 8

COMMERCIAL

N.Z. DRUG COY. [per press association.] DUNEDIN, March 27. The fifty-first annual meeting of shareholders of Kempthorne Prosser and Coy (N.Z. Drug Co. Ltd.) was held this afternoon, when the directors’ report and the balance sheet were adopt-| ed. Messrs W. F. Edmond, F. W. Mitchell and W. Q. McKellar were reelected directors. U.S.A. QUOTATIONS. NEW YORK, March 27. Call money renewal rates were as low as three and a-half, and as high as four. Chicago wheat: March 105 g cents, May 108£, July 1052, September 107§. WOOL SALES. SYDNEY, March 28. The Australian Woolgrowers’ Council decided that all available wool be offered at auction before the end of July, in order to avoid any carry over. AUCKLAND WOOL SALES. AUCKLAND, March 28. Wool buyers’ limits at the third Auckland sale to-day, with a catalogue of 15,761 bales, were fixed at the lowest level known in New Zealand for many years. The first bid for a line of cross-bred fleece wool was sd, and that lot was knocked down at 5Jd. Bidding was fairly steady at the lower levels, and fairly keen when a large line, or one of exceptional quality, was offered. Striking a very rough average, fleece wools seem to be ranking at 6d to 7d, against the average in February, 1929, of 12 2-3. A feature was the comparatively small proportion passed in. Some big station lots were withdrawn before the sale commenced, but of the catalogue submitted, the bulk was disposed of. The quality of tho wool was fairly rough.

STOCKS AND SHARES. WELLINGTON, March 28. Reported sales: New Zealand Insurance 43/6; New Zealand Breweries 82/cum.div. DUNEDIN, March 28. Sale on ’Change: Kawarau, 6d. Reported: Bank of New Zealand, 56/10; Lyell, 34/-. AUCKLAND, March 28. Sales: Auckland Gas 23/6; Milne and Choyce deb. 27/4J; Commercial Bank 22/-; Electrolytic Zinc, pref. 27/10; Farmers’ Trading A pref. 16/3; Bank of New South Wales, • Sydney register, £39. ADDINGTON SALES. At the Addington market on Wednesday, stock from the West Coast, in both fat lambs and fat pigs, again came into prominence. Mr. R. J. Ferguson, of Hari Hari, topped the market with fat lambs at 29/4, whilst his brother, Mr. T. S. Ferguson, of Hari Hari, realised top price for bacon pigs, a pen of five realising £5 6s 6d apiece. ADDINGTON MARKET. Principal sales at Addington stock market on Wednesday included the following West Coast lines: Fat lambs, On account J. Ferguson (Ross) 15 at 23/- to 29/4 (top price); T. S. Ferguson (Ross) 55 at 21/7 to 26/10; West Coast clients, 72 at 21/7 to 25/4; and 40 at 22/10 to 25/4; Topliss and Son (Inchb'onnie) 42 at 21/10 to 24/1; G. Linklater, 55 at 23/1; J. A. Hart (Koiterangi), 45 at 21/1 to 23/1; A. Richardson (Poerua), 16 at 16/. and 17 fat ewes at 14/7.