COMMERCIAL

Greymouth Evening Star, 12 February 1936, Page 8

COMMERCIAL

CANADIAN WHEAT. [BY CABLE —PRESS ASSN.—COPYRIGHT.] WINNIPEG, February 10. A pronounced weakness in. wheat today follows in the wake of statistics showing there was a large increase in the world shipments of wheat last week. The quotation closed two and a-half cents per bushel lower, the May figure, being 823. SYDNEY \VOOL SALES. SYDNEY, February 11. At to-day’s wool sales 10,723 bales were offered, and 10,243 were sold, also 704 bales were disposed of privately. The -tone of the market was very firm with a hardening tendency for -better class skirtings. Greasy merino made to 293. CONTINENTAL PURCHASES LONDON, February 11. Antwerp, -futures, drycombed Australian tops, March 283 d, May-July, 29d. The Continent does not follow the lead of the English industry which is maintaining a high rate of consumption. Users of tops abroad are reluctant to increase commitments, in view of the difficulty of obtaining higher prices for yarns. Spinners, therefore, ,are buying only for immediate requirements. GOLD AND EXCHANGE LONDON, February 11. Gold 140/8, dollar 501 3-16, franc 74 15-16. AUSTRALIAN SECURITIES. NEW YORK, February 10. Application to list with the Securities and Exchange Commission and the New York Stock Exchange has been ; made by the Commonwealth Office here, for three issues of Commonwealth and! three issues of City of Brisbane bonds.

STOCKS AND SHARES. AUCKLAND, February 12. Sales: Noon Call—Taupiri 17/-; Mt. Lyell 23/3; National Bank 77/6; Australian Glass 7/6; South British 96/-; E.S. and A. Bank £6/5/6; Bank of N.S. Wales £34/10/-; Stock 46/49, £lO4/15/-. AUCKLAND, February 12. Morning call sales: Westport Stockton 1/6, Mortgage 4/10, Refrig. Con. 10/10, Mt. Lyell 23/4, Kauri 24/7, 24/9, Zinc 36/-, Farmers Co-op. 4£ p.c £9O/10 Stock 38/52 £lO3. CHRISTCHURCH, February 12. Sales: Goldsborough Mort. 33/-, N.Z. Refrig. (10/- paid cum. div.) 10/9. Colonial Sugar £42/17/6, Hume Pipe (Aust.) 16/11 (2), Kaufi Timber 24/7, Goldfields Dredging 4d., WestportStockton Coal 1/6. Reported: West-port-Stockton Coal 1/6; Sales Unlisted Tiproff Seal 50/-, Woolworths (Sydney Ord.) £6/9/3 (2). DUNEDIN, February 12. Sales reported: Goldsbrough Mort. £l/12/9, Hume Pipe 16/11, National Tobacco £3/7/6, Nbkomai 2/6. STANDARD INSURANCE. COY. DUNEDIN, February 11' At a meeting of the Directors of the Standard Insurance Co., Ltd., it was decided to declare a dividend of one shilling and threepence per share for the half-year ended December 31 last, payable on March 2. WELLINGTON GAS CO. WELLINGTON, February 11. The annual meeting of the Wellington Gas Company was held today/. An interim dividend of four per cent" was passed, making eight per .cent, for the year. Sir Harold Beauchamp and Mi’ George F. Pearce were re-elected directors.