COMMERCIAL

Gisborne Times, Volume LXXII, Issue 11492, 20 November 1931, Page 2

COMMERCIAL

LONDON WOOL SALES.

(U.P.A. by Elec. T.-l. Copyright.) LONDON, Nor. IS. At nest week’s wool sales 97,400 bales will be offered of Australian, 105.200 of New Zealand, 2200 °r Cape, .>SOO of English, and 3000 of Puntas. The sales open on Tuesday.

STOCK AND SHARE MARKETS

(Press Association* AUCKLAND, Nov. 19. Sales oil ’Change: Bunk of New Zealand. 49s 6d: Government Loan. 1937, ok per cent., £94: New Zealand Insurance, 39s 9d Reported sales: Commercial Bank 1.65; National rDank. 91v; Taupm Coal, IBs; Auckland City. 1940. 01. per cent.. £9O; Queensland Insurance, 345. WELLINGTON. Nov. 19. Sale on 'Change: Commercial Bank IG "' CHRISTCHURCH, Nov. 19._ Sales on ’Change: Government o.t per cent inscribed stock. 19,13. £99; Government, Oi per cent, bonds, 1937, £9B; Dalgcty and Co., cum div.. £7 19s: New Zealand. Breweries. 33s 7d ; Electro Zihe. prof.. 18s lid (2); Mi. Jjvell. cum. div.. 20s id. DUNEDIN. Nov. 19. Sale reported: Golden Point, 3d. NEW ZEALAND CHEESE. ARRIVAL OF 40;000 CASES IN LONDON. (U.P.A, by Elec. Tel. Copyright.) LONDON, Nov. ISThe Lord Mayor, .Sir -Maurice Jenks, as an admiral of the Port ot London, accompanied by sheriffs, drove in the State coach, drawn by four bays, to the wharf, to welcome Uio arrival of the Somerset's 40.000 eases of New Zealand ebce.se. A fanfare of trumpets greeted Ins arrival and he was piped aboard 1 * cheese-laden barge 'on which Sir Thomas Wilfurd greeted him. In proposing the toast of the New Zealand cheese industry at a subsequent luncheon, Sir Maurice Jenks said the Somerset heralded the arrival ol an Empire food armada. H 4 hoped Britain would concentrate on Empire finals, enabling reciprocation by British ships laden to tin Plimsoil with British goods to tilt Dominions. : Sir iTliomas \\ ilford, responding said lie believed that this was the psychological niuinonl to introduce a lasting system .of inter-imperial trade, lie urged the public not to listen to nonsense talked about E ra * pire countries exploiting Britain by raising prices. AUSTRALIAN PRODUCE MARKETS (U.P.A. by Elec. Tel. Copyright.) (Received Nov. 19, 7.40 p.m.) SYDNEY', Nov. 19. Wheat, ox trucks, Sydney. 3s 3jd; country stations, 2s Bjd; flour, £ll 15s; bran, £4 10s; pollard, £5; potatoes, new, to £l2; old, Ta-smanian, Victorian, £7 10s to £9 10s; onions, Victorian, £7; Queensland, £ll 10s; m,aize 3a 3d.