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Greymouth Evening Star, 14 February 1934, Page 8

COMMERCIAL

SYDNEY WOOL SALES. [BY CABLE —PEESB ASSN.— COPYRIGHT.] SYDNEY, February 13. At to-day’s wool sales, 11,819 bales were offered, and 10,267 were sold, also 1450 privately. The market was firm, with a strong demand for skirtings, which showed a hardening tendency. Competition was general. Greasy merino fleece made to 27Sd for thiity bales from Uralla, New England. EXCHANGE QUOTATIONS. LONDON, February 13. Gold 136/11, dollar 504, franc 171. STOCKS AND SHARES. WELLINGTON, February 14. Reported: Consolidated Goldfields IQ/K CHRISTCHURCH, February 14. Sales: N.Z. Government 4 per cent. Inscribed 1940, £lOl/15/-, Bank of Australia £lO, Goldsboro Mort 32/9 (2), Canterbury Frozen Meat (pref.) £5/8/-, N.Z. Refrig. (10/paid) 8/3, Mt. Lyell 24/7 (3), Central Shotover (9d paid) 1/-, Charleston (cum. rights) 1/9, Maerewhenua llld, Waitahu 5/6. Reported: Beath and Co. 29/9. „ u 14 AUCKLAND, February 14. Sales: Renown Coal 1/-, King Solomon 4/5, National Insurance 18/9, New Zealand Newspapers 30/6, Northern Roller Mills 31/6, Breweries 40/-, New Zealand Insurance, cum. div. 58/7, Colonial Sugar £63, Amalgamated' Brick 7J per cent. £93/10/-, Stock, fours, 1940, £lOl/10/-, J 946 £lO3, 1949, £lO2/5/-. DUNEDIN, February 14. Sales on ’Change: Nevis Diesel 1/1; Union Bank £lO, £lO 1/-. Reported after call: Gillespies Beach 2/OJd. MATAKI DREDGE. AUCKLAND, February 13. Mataki dredge reports that for the week ended February 9, there was a return of 23ozs. for 136 hours. The dredge was turned toward the river, and is now working on a face of 180 feet. OKARITO DREDGE, DUNEDIN, February 12. The Okarito wash-up for last week was 52ozs. 4dwt. The four-weekly report, from January 1 to January 27, shows the gold won as 133 ozs. 14dwt, the total time worked 339 hours, and the total non-working time 24 hours. The yardage worked was 19,100, an average value of the ground was 6.7 d a cubic yard, on a basis of gold worth £4 an ounce. STANDARD INSURANCE’ CO. DUNEDIN, February 13. A meeting of directors of the standard Insurance Company to-day decided to declare a dividend of 1/3 per share for the half year ended December 31, 1933, payable on March 5.

RESERVE BANK. CHRISTCHURCH, February 13. If expectations are fulfilled, it will be found, when the lists of applications for shares in the Central Reserve Bank close on Thursday, that applications for the full number of 100,000 £5 shares will have been made in Christchurch alone. Applications for full 90,000 shares have already been received, and it is probably that when all of the applications have been sent into the Treasury, the total will be close on 100,000, thus indicating that, for the whole Dominion, the issue of capital will be heavily over-subscribed.