COMMERCIAL

Greymouth Evening Star, 8 May 1936, Page 8

COMMERCIAL

GOLD AND EXCHANGE. [by CABLE —PRESS ASSN. COPYRIGHT.] LONDON, May 7. Gold 140/SXd, dollar 4965, franc 75 5/8. SYDNEY WOOL SALES. SYDNEY, May 7. At to-day’s wool sales 9037 bales were offered and 8067 were sold, also 1706 privately. The market continued very firm at late rates. The average price of wool for the first three days of the week was £l4/15/11 per bale, and 11.2 d per lb. The low average is due to a large proportion of crutchings being offered. LONDON SALES. LONDON. May 7. At the wool sales, 9987 bales were offered, including 6239 New Zealand, and 7513 were sold. There was a good selection, composed largely of New Zealand crossbreds, which were well cleared under the influence of keen Home competition. Current rates were maintained. Australian greasy merinos were heavily withdrawn, owing to the firm limits. New Zealand scoured merinos, Flockhill, top price 24d, average 22jcT. ADDINGTON .MARKET. Sales at the Addington market this week, on behalf of West Coast clients, included: Fat lambs: W. Clayton (Ahaura), 49 at 17/10 to 25/10; H. M. Coulson (Koiterangi), 26 at 17/4 to 24/1; Burrows Bros. (Ahaura), 9 at 15/- to 22/-; V. Bonar (Hokitika), 14 at 18/1. Fat cattle: Te Kinga Land and Timber Company, three steers at £B/17/6 to £lO/2/6; S. Rodgers (Totara Flat), two heifers at £4/2/6 to £5/2/6; A. S. and H. A. Cunningham (Jacksons), 8 cows at £3/12/6 to £4 17/6 STOCKS AND SHARES. AUCKLAND, May 8.

Sales, morning call: Farmers’ Trad- | ing 9/6, Bani Mortgage 29/-, Cement . 43/6, 44/-, Glass 39/3, Sugar £4l, Brick ’ 7J per cent. £99, Shillings 8/4. | CHRISTCHURCH, May 8. Sales:. Comm. Bank of Aust. 19/9, I Goldsbrough .Mort. 31/3, N.Z. Brewer- . ies 52/4 (2), Dunlop Rubber 16/1, 16/2, 1 16/1, Wilson’s Cement 44/- (7), Maori | Gully Hid; Mount Lyell (cum. div.) 24/5. Reported: Comm. Bank of Aust. ) (pref.) £9/7/6, N.Z. Farmers Co-op. (41 per cent. Stock 1945) £92. 1 DUNEDIN, May 8. I Sales reported: Bank of New Zealand, Long D. 29/6 (2), 'Westport Coal I 22/9, Wellington Woollen Ord 125/6, ■ Broken Hill Proprietary 60/9. On ’Change: Mount Lyell 24/6. After call: l Shillings Ltd. (5/- pd.) 8/-. WELLINGTON, May 8. Sales: Colonial Sugar £4l/10/-; Shillings 8/-, Staples Brewery £l/4/3, British Tobacco £l/19/9, Broken Hill £3/1/-, Wilson’s Cement £2/3/9, ’Woolworths Ltd.. £7/17/6. AUCKLAND, May 8. Sales noon: Renown Coal 10/6, Mt. Morgan 15/11, 16/-, Roller Mills 25/-, Bank Mortgage 29/6, 30/-, Coles 73/6, Woolworth’s Sydney £7/18/-.