COMMERCIAL

Greymouth Evening Star, 2 October 1933, Page 8

COMMERCIAL

WOOL INDUSTRY. [BY CABLE —PRESS ASSN. —COPYRIGHT.] LONDON, October 1. Mr Devereux reports: London sales continued firm at opening rates for all good greasy merinos and crossbreds, largely owing to active competition from Yorkshire and Germany. There has been an easier tendency in Bradford quotations for merino tops, but hardly sufficient business to adequately test the market. Users are well covered, and are keeping off the market. Crossbreds can be bought a shade less, but medium coarse is firm at fully late rates. A good inquiry for medium sorts, but actual business is small. Machinery activity is well maintained on existing contracts. Crossbreds are generally firm. Fair business with Home export. Continental futures are slightly lower.

BUTTER AND CHEESE. Butter: Market slow. Danish 116/to 118/-, New Zealand finest unsalted 102/- to 108/-, Australian finest unsalted 105/- to 110/-, Australian finest salted 103/- to 108/-, Australian G.A.Q. 100/- to 102/-. Cheese: Market slow. New Zealand white and coloured 53/- to 54/-, Canadian white and coloured 54/- to 56/-, Canadian C.I.F. 54/- to 56/-. STOCKS AND SHARES. WELLINGTON, October 2. Sales: N.Z. Refrigerating 19/10, King Solomon 3/6. Reported: Gillespies Beach 2/4. DUNEDIN. October 2) Sales on ’Change: 4 per cent. Stock, 1940, £lol*s/- (2). Reported: Milburn Cement 32/- (late), King Solomon 3/3, ex. div., Gillespie’s Beach 2/3. Late, Commercial Bank 17/-, Moonlight-Nel-son 10id. After call: New Zealand Refrigerating 9/9, Bell-Hooper 12id, Bell-Kilgour 1/8 (five). AUCKLAND, October 2.

Sales: Commercial Bank 16/10, Guarantee Corp 8/3, Okarito 11/-, Auckland Gas 23/7Sd, Bell-Hooper 1/-, King Solomon (3), 3/6. CHRISTCHURCH, October 2.

Sales on ’Change: Govt. 4 per cent. Inscr. 1940, £lOl/7/6; Comm. Bank, Sydney £lB/8/-, (2); National Bank of Australasia (£lO paid), £l3/9/-, (2); Bank of New South Wales £34 15/-: Goldsbrough Mort. 28/8; N.Z. Refrig. (£1 paid), 19/9, (2); N.Z. Refrig (10/- paid) 9/9; British Tobacco (ex-div.) 36/8; Dunlop Rubber (ex div.) 18/6, 18/5; Mt. Lyell 24/2; Freshford 6d; King Solomon (ex div.) 3/31d; Okarito 11/1, (3); Waitahu 7/1-

WORKSOP DREDGE. The Worksop Extended Gold Dredging Company, which is to operate at Antonio’s Flat, went to allotment at Christchurch on Saturday, and was over-subscribed, the shares being allotted on a proportionate basis. The date for the closing of the contract for the dredge has been extended until Friday, and the Directors will visit the claim on Medncsdr.y to put the necessary work in hand. BRIAN BORU DREDGE. The weekly return of the Brian Born dredge was 62 ounces lOdwts, for 109 hours’ working. Work proceeded smoothly during the past week, and the management feel confident that

no set-backs of any consequence should be experienced in the future. TO-DAY’S MINING MARKET Lawson’s 6d buyers, 7d sellers; Alexanders 18/ —19/3, Nokomai 2/3 —3/-, Charleston 2/1 —2/3, Golden Sands 3/4—3/6, Big River 1/6—l/7, Blackwaters 34/- —37/6, Gillespies 2/3 —2/3S, Waitahu 7/I—7/3, Okarito 11/01— 11/11, Brian Born 23/ —.