COMMERCIAL

Greymouth Evening Star, 11 May 1934, Page 8

COMMERCIAL

WOOL SALES. [by CABLE I’BEBS ASSN. —COPYRIGHT.] LONDON, May 10. At. the wool sales, 11,667 bales were offered, including 4400 New Zealand, and about 4334 were sold. There was fair Home and continetnal competition, with a steady tone, but withdrawals Bontinue/1 on high limits. New Zealand scoured merinos. Benohan top, 34d, average 32 3-Bd. Greasy crossbred rk/k. 13:]d —10.]d. Bradford: Inquiry insufficient to test prices, but all were marked down. Seventies 371, sixty-fours 361, sixties 34, fifty-sixes 25, fifties 18J, fortysixes 14, forties 111. Sheepskins Sales: 2897 offered, including 985 New Zealand. Good attendance, but poor competition. Continental buyers were the chief operators. About 40 per cent. sold. Compared with March 22, prices were cheaper, Australian merino combings by 7i, fine crossbreds 10 per cent, lower, New Zealand fine crossbreds, when sold, five; medium and low, 10 per cent. down.

DOMINION TOTALS. CHRISTCHURCH, May 11. Au official statement from the New Zealand Woolbrokers’ Association shows that from July 1, 1933, to the last sale on April 27, 1934, a total of 676,550 bales was offered, of which 633,553 were sold. The total realisation was £10,241,041, the average price per lb being 11.127 d. The average price per bale was £l6/3/3. ADDINGTON SALES. Seventy-four fat lambs sold on behalf of McDonnell Bros. (Totara Flat), at the. Adington sales on Wednesday, made from 24/10 to 27/10, and averaged 26/4. Twelve were sold at the higher figure. Other sales, on behalf of West Coast, clients, included: —Fat lambs, G. F. Drayton (Ahaura), 84 at 21/4 to 24/7; A. Robinson (Te Kinga), 150 at 21/7 to 25/4. Fat cattle, Burrows Bros. (Ahaura), 4 steers at £4/7/6, 7 cows at £2/12/6 to £4/7/6; S. O’Leary (Kotuku), 15 steers at £3/12/6 to £6/7/6; A. Rothery (Jacksons), 7 cows at £l/17/6 to £4/7/6. STOCKS AND SHARES. WELLINGTON, May 11. First call sales; Four per cent, stock 1940, £lO5/2/6, Union Bank £lO. Second call: South British 79/6, Colonial Sugar £64/5/-, Mahakipawa 1/-, 1/05, Nokomai 3/OJ, 3/li. AUCKLAND, May 11. Sales: Mahakipawa 1/-, Gillespies Beach 2/-, Commercial Bank 16/10, Dunlop 18/10, Devonport Ferry 22/-, Zinc 26/6, Gas 25/8, Bycroft’s 47/6, South British 79/6, City 55 per cent, 1957, £107; Government stock, 1940, £lO5/2/6. CHRISTCHURCH, May 11. Sales: Commercial Bank of Australia 16/9 (3), Dominion Fertiliser 17/10, 18/- (2), Henry Jones Co-op. (cumdiv.) 32/-, New Zealand Farmers’ Coop. (41 per cent, stock, 1940) £7B 10/-, Mahakipawa 1/-, 1/01, Mahakipawa (pref.) 1/7, 1/8 (2), Mount Lyell 23/3, Rawang Tin 9/-, Skippers Ltd. (1/ -paid) lOid. Reported: Nokomai (Jate sale, tenth) 2/11, Nokomai 2/11, Skippers Ltd. (1/- paid) .lid', late sale tenth. DUNEDIN, May 11. Sale reported: New Zealand Breweries 42/1 (late yesterday). After call: Dominion Fertiliser 18/- (three).