COMMERCIAL

Greymouth Evening Star, 16 January 1941, Page 9

COMMERCIAL

RAM SALE. [PER PRESS ASSOCIATION.] MASTERTON, January 15. Good prices were realised at the Wairarapa sheep-breeders’ ram and ewe sale yesterday. The top pi ice was 270 guineas for a Romney ram bred by Sir William Perry and purchased by Robinson and Son, Gore. Highest prices in the Southdown section were 155 guineas for two rams bred by R. M, Perry and sold to C. E. Vile Palmerston North, and the New Zealand Loan and Mercantile Company .Wanganui, as agents. A lam offered on behalf of H. J. Andrew made 130 guineas, the purchaser bein" P McLachlan, Masterton. In the Romney section, two rams sold at 200 .guineas, and several at 100 guineas.

COLOMBO TEA AUCTION. DUNEDIN, January 15. Mr L. N. Wright has received the following cabled - repoit of the Colombo tea auction on January 14:—At yesterday’s sale, 3.500,0001bs were auctioned. Common teas came to a firm market, prices advancing ’d lb. Medium and fine grades were irregular the demand being good at slightly lower.rates because of heavy Canadian and American buying. Pekoes advanced considerably, being 3d to 4d dearer at the close of the auction. Next week’s catalogue is for 3,250,0001 b. SUGAR COUNCIL. RUGBY, Jaffuary 15. The International Sugar Council re-elected Sir Hugh Elies, chief British delegate, as chan man, and Dr. D H. C. Hart head . of the Netherlands’ delegation, as vice-chairman.

It adopted various decisions reach- j ed at an informal meeting in August, ( 1940, including the decision that, without creating a precedent, the export quotas for the free market adopted for the third quota year ended August, 1941, shall be maintained for the fourth year, instead of reverting to a larger basic quota, subject to review if there is a radical change in the world situation during the j quota year. ; A sub-committee was set up to ! study the present and post-war gen- ; eral statistical position of sugar, and I report to the Council. I

STOCKS AND SHARES. WELLINGTON, January 16. Sales reported: Felt and Textiles ordinary £2/0/6, Broken Hill £2 7/-, Electrolytic Zinc pref £2/17/-. CHRISTCHURCH, January 16. Sale on ’Change: South British Insurance 50/- (two parcels). Sales reported: Electro Zinc cum div 57/(four parcels), British Tobacco 50/-, Timaru Woollens 14/9. NGAHERE. The return for Ngahere Gold Dredging, Ltd., for the half-month ended January 15 is 324 ounces for 123,316 yards in 259 hours.