COMMERCIAL

Greymouth Evening Star, 29 July 1937, Page 8

COMMERCIAL

GOLD AND EXCHANGE. [BY CABLE —PBESS ASSN. —COPYBIGHT.] LONDON, July 28. Gold 139/9, dollar 497 11-16, franc 132 15-16. IRAQ LOAN SUCCESS LONDON, July 28. The Iraq loan of one million sterling, 4£ per cent., £94, was heavily over-subscribed. STOCKS AND SHARES. AUCKLAND, July 29. Sales: Commercial Bank 18/2; Bank N.S.W. £34/15/-; National Insc. (2) 18/-; British Tobacco 50/-; Broken Hill (Pty.) 83/9; Alexander 15/-, pd. 13/-; Mt. Morgan 11/2; Stock 39-41, 3 per cent. £9B/15/-. Sales, Noon Call: Commercial Bank 18/1, Bank of New Zealand (2) 44/6, South British 98/-, Australian Glass 95/6, Dunlop 23/9, Coles £5/10/-, Radio 25/-, Mt. Lyell 42/7, Stock 53/57 £9B/15/WELLINGTON, July 29. Sale: Morning Call, unofficial list: Woolworth’s Limited £6/13/9. Sale reported: Auckland Gas £l/1/8. Sales: Noon call: Consolidated Brick 9/2; Dunlop’s 23/7. Two sales: North Broken Hill 75/-; unofficial list, McKenzie’s Department Stores Woolworth’s Ltd. £6/13/9. CHRISTCHURCH, July 29. Sales: Bank N.Z. 44/7, N.Z. Refiig (£1 paid) 19/10, 19/9. N.Z. Refrig. (10/- paid). 9/8 (2), Broken Hill Propty 82/6, Dunlop Rubber 23/8. G. J. Coles £5 9/9. Hume Pipe (Aus.) 20/5. Broken Hill South 47/7. Mount Lyell 42/9 (2), Mount Morgan 11/3, North Broken Hill 75/-. Reported: Bank of New South Wales (cum. div.) £34 15/-, Broken Hill Propty 83/10, Broken Hill South 47/10. Unlisted: Woolworths (Sydney, ord) £6 13/6. DUNEDIN, July 29. Sales: New Zealand Insurance £3 6/-, Broken Hill Propty. £4 2/6, New Zealand Breweries £2 10/6 (2), G. J. Coles £5 10/-. GENERAL MOTORS. NEW YORK, July 27. General Motors Corporation, for the second quarter of the year, report a decline in earnings of 22,377,000 dollars, due to the strikes, which are attributed to the inability of the union leaders to control their followers. There were only ten working days without interruption during the quarter.