COMMERCIAL

Greymouth Evening Star, 13 February 1940, Page 5

COMMERCIAL

WELLINGTON WOOL. [PER press association.] WELLINGTON, February 13. The Wellington Woolbrokers’ Association report that the third appraisement commenced on February 7, and concluded on February 11. Approximately 34,500 bales of greasy and 2,237 bales of slipe wool were’ valued. Owing to the unfavourable pastoral conditions experienced from Autumn till Spring, appraisement, in general, was far below normal standards, both as regards growth and colour. Many noted Wairarapa clips were very disappointing. being thin in staple and inclined to be tender and off in colour,. Lambs’ wool was in plentiful supply and in contrast to the ewe. wool was fairly well grown, the lambshaving evidently done well in the Spring. Many parcels ranged from 14d to 151 d a lb, with an odd lot at IGd. ' , 1The next appraisement on March will practically clean up the season’s clip from this district:- It will mainly consist of back country clips and cull ewe wool from the Down lamb trade.

STOCKS AND SHARES CHRISTCHURCH, February 33. Sales reported: Bank of New Zealand (late yesterday) 41/9, Woolworths Holdings 16/-. WELLINGTON, Feb, 13. Sales- New Zealand Breweries £1 17/- (3), Broken Hill £2/14/- (2), MacDuffs Ltd., ordinary 4/5 (3), Mount Lyell £l/16/-. Sales reported: Three per cent. Stock 1941 £99/2/6, New Zealand Breweries £l/17/- (2), Broken Hill £2/14/-, G. J. Coles £4/2/9 (2), Northern Roller Mills 19/-.

mining returns CLUTHA RIVER The Clutha River return is 67 oz for 127 hours. MATAKI The Mataki return for the week ended February 9 was 19oz for 134 hours and 11,800 yards. OKARITO * . The Okarito return is six ounces 17dwt for 106 hours. The dredge is not yet clear of the channel through the sandhills. During the week no solid ground was dug. GILLESPIE’S BEACH The return for last week from the Gillespie’s Beach dredge was 41 oz lo dwt for 125 hours from -16,640 yards.