COMMERCIAL

Greymouth Evening Star, 17 June 1936, Page 8

COMMERCIAL

SYDNEY WOOL SALES. [BY CABLE —PRESS ASSN. —COPYRIGHT.] SYDNEY, June 16. At to-day’s wool sales, there wei e 5,323 bales offered, and 5,200 were sold. There also were 900 bales privately sold. There was good competition, chiefly from the Continental and Yorkshire sections. The market was firm at the previous day’s rates. The withdrawals were heavy owing to the reserves. The Japanese again looked on, without operating. Greasy merino realised up to 21d. GOLD AND EXCHANGE. LONDON, June IG. Gold 138/5, dollar 503 J, franc 76 15-32.

POTATO MARKET. CHRISTCHURCH. June 16. Several inquiries have been received at Christchurch for a shipment of potatoes to Argentina and Uruguay. No sales have yet been made, but as the South American crop is short, this year, merchants hope the negotiations now in progress will end in export orders being booked. About 2000 tons of New' Zealand potatoes, nearly all from Canterbury, were shipped to the order of the Uruguayan Government in 1933. The price received varied then from £5 10/- to £7 a ton f.o.b. Merchants in Wellington and Timarii have also received inquiries. If the orders are booked, the export would have the effect of steadying the market.

STOCKS AND SHARES. CHRISTCHURCH, June 17. Sales: Comm. Bank of Aust. 19/3 (5). National Bank of Australasia (£5 paid) £7/4/6 (4), Bank New Zealand 43/3, New Zealand Breweries 51/9 (2), Anthony Horden 18/C, Broken Hill Propty (contr.) 49/- (2), Dunlop Rubber 17/5, Hume Pipe (Aust.) 20/5 (2). Waimumu Sluicing 7?.d. Mount Lyell 24/4. Reported: Mount Lyell (cum. div., late sals 16th) 24/6, Mount Morgan 15/8 (2), Stocks (on ’Change) Shillings, Ltd. (7/6 paid) 11/9. AUCKLAND, June 17.

Sales, morning call: Brick 10/-, 9/10, Selfridges New 27/6, Bank New Zealand 42/6, Cement 44/6, New Zealand Insurance 64/6, South British 92/-, Sugar £42, Wanganui City 1940 £lOl 17/6. Sales, noon: Guarantee 5/5, Kauri 23/5, Selfridge’s 27/9, Bank of New Zealand 42/6, New Zealand Insurance 65/-, Coles 79/6. DUNEDIN, June 17.

Sales: G. J. Coles £3/19/3, £3/19/-. Reported: Mosgiel Woollen £9/15/-, Anthony Horden 18/6, Woolworth’s (Sydney) £5/14/-, Mount Morgan 15/8. Stock (1937-40) £lO2/10/- (2), Stock (1943-46) £lO4/5/-, Shillings, Ltd. 11/7. After call: Mclntosh Galey Phoenix (£1 paid) 10/- (2), Mount Morgan 15/6. WELLINGTON, June 18. Sales: Standard Insurance 63/6, Dominion Breweries 26/9, Consolidated Brick 10/-. Shillings 11/8, New Zealand Breweries 52/6, Coles £3 19/6, Hume Pipe 20/4, Woolworth’s Ltd. £5 14/-.