COMMERCIAL

Greymouth Evening Star, 20 May 1941, Page 10

COMMERCIAL

— j SHEEPSKIN PRICES j i [PER PRESS ASSOCIATION.] ! DUNEDIN, May 19. I The New Zealand sheepskin con- ' (roller advises that the following schedule of prices for sheepskins will operate, in the case of green skins from May 24, and in the case of dry skins from May 31 (the prices reIler, to skins in brokers’ stores): — Full wools, halfbred 9Ad to crossbred 81 to 9.? d; three-quarter wools, halfbred 8. : ;d to 10d.; crossbred I 7jd to 9d: half wools, halfbred 6Ad i io 7!-d, crossbred fi.'d to 7d; quarter ' wools, halfbred 4.'d to 4”d, crossbred 4d to 4£d; pelts id to 3]d; hoggets, .halfbred B£d to lOd, crossbred, 7fd to Bjjd; lambs, halfbred 9] to 10gd, crossbred B ; ]d to 9]d. CONVERSION LOAN WELLINGTON, May 19. The response to the conversion/ offer Recently made to holders of Government stock and debentures nor-

mally maturing on July 15, 1941, and March 15, 1943, was referred to by the Minister for Finance in an interview this evening. He said that application had already been received for the conversion of £6,650,000 ol these securities.

“The quick response made by the holders of nearly one-third of the securities concerned is much apprej dated,” said Mr. Nash, “and clearly ] indicates a recognition on the part of ■ investors generally of the fairness of ! the offer made to them. The results I achieved in a couple of days augur • well for the success of the whole conversion operation, 'involving £21,250,000 of public debt.” PUBLIC TRUST OFFICE. Estates of a value of £402,125 were reported and accepted for administration by the Public Trustee during the month of April, 1941. The total value of the estates and funds under administration by the Public Trustee on March 31, 1941, was £64,436,092. Grants of administration made by the Court in favour of the Public Trustee numbered 135 for the month. During the month 608 ■ new wills appointing the Public ‘

Trustee executor were prepared on behalf of testators and lodged for safe custody, and 334 existing wills were revised to provide for changes desired by testators. The total number of wills now held in the Public Trust Office on behalf of living persons is 105,489. STOCKS AND SHARES. ■ WELLINGTON, May'2o. Sale: Kaiapoi Woollen 15/6. Sales reported: New Zealand Refrigerating 17/-, Dominion Breweries 28/9. CHRISTCHURCH, May 20. Sales: Christchurch Gas '2l/6 (2), 21/5 (2), 21/3 (2). OKARITO Okarito return: 330 z sdwt in 124 hours. BLACKBALL CREEK DREDGE The Directors of the Blackball Creek Dredging Co., have declared a dividend of ten per cent., payable on May 28.