COMMERCIAL

Gisborne Times, Volume LXXII, Issue 11616, 16 September 1931, Page 2

COMMERCIAL

RUSSIAN BUTTER IN BRITAIN. ■HEAVY INCREASE OF IMPORTS '■•(U.R.AI by. Elec. Tel. •• Copyright..) • LONDON, Sept. 14. Tbe Board of Trade returns show that imports; of Soviet butter for August, totalling 74,186 cwt., in» creased by, 657 per cent, compared with August, 1960. STOCK;. AND SHARE - MARKETS (Press Association.) AUCKLAND, Sept. 15. Sale on ’Change: Bank of New Zealand, 41s 9d. ■'Reported sales: . Commercial Bank 13a; Bank pf Now Zealand, 425;; National Bank, 689, 60s; King Solomon, 2s 7d; Government Loan, 1937, •5J per cent., A!95; 1938,= -4»i per cent.; y £95 -53. -. ~ v . . ■.. ■ k -, v; ’ CHRISTCHURCH;. Sept. ' 15. • Sales on ’Change: Government 4J. per cent. Insctibbd Stock, 1938, £9l 7s fid; 5J per cent., 1937, £95 (2); Commercial Bank of Australia, 13s. (2); Reported, sale:' N.Z .Refrigerating, 10a paid, 3s Bd. TARANAKI (N.Z:)-OIL FIELDS NL. The following report is issued' for the week ended September 12: —‘ Waitangi No 2 Well—Milled through - easing and drilled ahead twelve, feet, to 1654 feet. Now preparing for running Sin. string. • ‘ '‘ V Moturoa Oil Fields Ltd' report—No. 2 well produced ' 150' barrels of clean oil. To overcome sanding up, withdrawing tubing and well is being cleaned out. , . ; SHEEPSKINS, HIDE AND TALLOW SALES .Messrs Balgety apd Co., Wellington,, report as follows: '“We held our'fortnightly sale of sheepskins, hides, tallow and sundries on Sept. 11, and submitted a fair catalogue -of all grades to a full representation of buyers. Sheepskins.—ln sympathy with the London saes held on September 3, prices showed a decided drop and generally were id to 3d lower than previous quotations. Seedy, damaged and inferior parcels were again difficult of sale, and in some cases did not elicit a bid. - .Salteds declined 3dHides.—Our offering comprised some nice lines of freezer, abattoir and country parcels, and owing to overseas markets being very unsteady, values for heavies, mediums, lightweights and kips were; Id to 3d lower. Yearlings were in demand at rates better than the level, of previous quotations. There was a good order on the market for sound well flayed calf, prices, for these being 3d and at times Id better than late rates. For a nice line weighing 6lbs we secured .-Sid and bs. 53d Tallow.—The demand was erratic at prices Is to Is 6d lower. Messrs Murray Roberts and Co., Wellington, report as follows: LAt the sale on September 11 we submitted a good offering of hides to the*’ usual attendance of hr. vers, when the market showed a further weakness, prices for cow hides declining up to id. Light ox dropped Id, medium ox £d, and heavy ox fully Id to lid, and in the present state of overseas markets it does not appear likely that any early recovery can be looked for. Yearling hides were also easier, but calf maintained last sale’s values.” Bradford' uaroTt quiet. (U.P.A. by Elec. Tel. Copyright.) i Received Sept. 15, 5.5 p.m.) LONDON, Sept. 14. The Bradford market is quiet awaiting the opening of the London sales.

HOME METAL MARKET. (U.P.A. by Meo. Tel. Copyright.) (Received Sept. 15, 9.40 p.m.) LONDON, Sept. 14. Copper, standard, £39 11s 3d, £-’>o B.s 9dj Electrolytic, £33 10s, '-£3l 10m- wire-bars, £3l 10s; lead, ..£lO 17s' £lO 19s; spelter, £lO 15s, £ll os;'tin, £ll4 Us 3d, £ll7 Is 3d; silver, 13d and 14d.