COMMERCIAL

Greymouth Evening Star, 13 July 1934, Page 8

COMMERCIAL

STOCKS AND SHARES

[PER PBESS ASSOCIATION.]

DUNEDIN, July 13.

Sales on ’Change: Bell-Hooper 5Sd (two). Reported: National Insurance 19/6;' New Zealand Refrigerating con. 8/6.

CHRISTCHURCH, July 13.

Sales: United Building Society 21/6; Dominion Fertilizer 19/11,' 19/10, 19/11; Rawang Tin 9/1, (2). Reported: Waihi Grand Junction (late sale 12th.), 4/4; New Zealand Drug Co. 77/6; Sale unlisted stocks, Woolworths (Sydney), ord. £5/15/-, £5/16/-. GOLD AND EXCHANGE. LONDON, July 12. Gold 137/115, dollar 504, franc 76 3-8. BELL HILL GOLD SLUICING CO. The mine manager of the Bell Hill Gold Sluicing Co., Ltd., reports that the gauge box of the top pressure dam has been completed. The new tunnel from George’s Creek is finished and the fluming from the tunnel to George’s Creek will soon be. put in hand. The weather at the claims for the earlier portion of the month has been frosty and fine with little top water. The bottom nozzles have been moved forward close up to the face. Latterly heavy falls of rain and snow have been experienced necessitating the postponement of development work. The wash-up for the month resulted in a return of 380z.' for 73 hours’ sluicing.

WOOL SALES

LONDON, July 12.

At the closing sale 6980 bales were offered, including 3611 New Zealand, and about 3664 were sold. Fair competition, except for South Americans, which were mostly withdrawn. New Zealand scoured merinos, Glenlyon top 2 5 Ad—average 23 7-Bd. Halfbred lamb slipe H.b.m.c. —Tbs. 13d —ll:]d. The total catalogued was 62,316, and sold: Home 24,500, Continent 19,500. The total Australian sold was 11,500 and New Zealand 20,000. Held over 128,000, including 35,500 Australian and 92,500 New Zealand. Compared with May closing, merinos greasy super 20 per centa. lower, topmaking sorts 20/25, wefty 25/30, scoured good 20/25, faulty 25, crossbreds, fine, 20/25, medium coarse 15, slipes, fine, 20, coarse 15.