COMMERCIAL
SYDNEY WOOL SALES. [BY CABLE —PRESS ASSN. —COPYRIGHT.] SYDNEY, February 10. At the wool sales to-day 11,799 bales were offered and 10,633 sold, 477 beins sold privately. Competition wasi strong, with Continental support predominating. Greasy merino made 22 Jd. ALLOAVANCE ON WOOL. LONDON, February 10. A meeting of wool importers and the British Wool Federation at Bradford passed a resolution emphatically protesting against the New Zealand. Australian, and South African proposals to abolish the draft allowance on wool. The meeting agreed to support the federation in any action in considers necessary to protect members’ interests. GOLD AND EXCHANGE LONDON, Feb. 10. Gold 139/8, dollar 501.], franc 153:1. N.Z. WHEAT ESTIMATE. WELLINGTON. February 10. The following estimated average yields an acre of wheat, oats, and barlev for the seaspn 1937-38 are published in the Gazette to-night:
In accordance with these estimates, the total yield of wheat should be approximately 5,73(?,000 bushels, compared with an actual yield of 7,168,963 bushels in the previous season.
STOCKS AND SHARES
WELLINGTON. February 11
Sales, morning call: Electrolytic Zinc, preference £2/10/2. Unofficial list: New Zealand Perpetual Forests (4/- paid), .17/6. Sales' reported: Now Zealand Guarantee Corporation 4/8; Broken Hill £3/1/41; Amalgamated Wireless tcontrib.) £2/9/3; Felt Textiles (new) £l/15/9.
Sales, noon call: Dalgety £8 5/-. British Tobacco 49/8, Broken Hill Cont. 33/-. Mount Morgan 9/21d. DUNEDIN. February 11. Sale: National Bank of Australasia £l4/10/-. CHRISTCHURCH, February 11.
Sales: Bank of New Zealand 43/(2) New Zealand Insurance 61/1, Broken Hill Proprietary 60/10. 60/9 (3) Electrolytic Zinc (cum. div.) 47/-. Wool worth’s (N.Z.) 19/5 (5), Broken Hill South (cum. div.) 33/3. Reported: N.Z. Refrig. (£1 pd.) 18/9. AUCKLAND, February 11. Sales: Commercial Bank Pref. ex. div. £9/10/6. Colonial Sugar £46/7/6, Milne and Choyce deb. stk. 14/9, Martha 15/2, Stock 53/57 31 per cent. £97/15/-, Auckland City 1/1/44-55 £lO2 15/-, 1/1/44-67 £lO2/15/-, Birkenhead B. C. 31 per cent. 15/1/66 £94/10/-. Sales, 12.15 call: Commercial Bank ex div. 16/7; New Zealand Insc. 61/-; Guarantee Corp. 4/7; Dominion Breweries 37/6; New Zealand Breweries 46/-: Broken Hill Pty., Cont. 33/-; Golden Crown 4/3. NEMONA DREDGE The Nemona dredge return for this week is 70 ounces, from 16,300 yards treated in 130 hours. MOSSY CREEK DREDGE. The Mossy Creek dredge washed up for a return of 19ozs. ldwt. of gold from 7821 yards for 132 hours. WORKSOP DREDGE. The return is 290 z. for 130 hours dredging 11,000 yards being treated.
Bu shels Wheat. an Oats Acre. Barley North Island . . 34 39 4?> Nelson .. 30 34 35 Marlborough . . 43 43 44 Canterbury . . 32 40 38 Otago Southland .. 28 . . 34 39 48 39 Dominion 32 42 39
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Greymouth Evening Star, 11 February 1938, Page 8
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433COMMERCIAL Greymouth Evening Star, 11 February 1938, Page 8
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