COMMERCIAL

Grey River Argus, 16 February 1935, Page 8

COMMERCIAL

(Per Press Association.) CHRISTCHURCH, February 15. Sales: Com. Bank of Aust. 16s 5d /ox. National Bank of New Zealand 69s’6d; New Zealand Breweries 50s 6d; Sun Newspapers 4s; Brian Born 5d (5), 4td; Mahakipawa lOd (3); Mahakipawa (pref. 1929 issue) Is 3d. Reported: King Solomon (late sale 14th) 4s. , AUCKLAND, February 15. Sales: Mataki 2s; Grand Junction 4s 9d; National Timber 15s; Gear Meat 22s- Bank of New Zealand 49s Hd, 49s’ 9d; Bycroft 50s 6d; New Zealand Insurance 675; Reserve Bank £6 Ils; Stocks, 1940 £lO5 ss, 1946 (ex-inter-est) £105; Mount Albert 4} £lO6 ss. DUNEDIN, February 15. Sales reported: Bank of New Zealand long term D £112; E.S. and A. Bank £5; Bruce Woollen ord. 14s 6d; Okarito Bs. WELLINGTON, February 15. Sales: Woolworth Ltd. 92s 6d; four per cent, inscribed stock. 1946, ex interest £105; Wilson’s Cement 34s 4d; Woolworth’s £4 12s 6d (3). LONDON, February 14. Gold 142 s 61d, dollar 488, franc 74. WELLINGTON, February 15.

Sir Hugh Denison, Chairman of Associated Newspapers, Ltd., Sydney, arrived by the Rangitiki to-day, after visiting Britain and the Continent. He intends to spend a short holiday in the Dominion. Questioned regarding economic conditions at Home, . .Sir Hugh Denison said that the position there was very similar to that existing in New Zealand and Australia. Leaders in public life were optimistic, and considered that England would come out of the 'depression, but the time of recovery was governed to a certain extent by foreign conditions. He spoke of the wonderful progress made by Finland in the pulping of timber for paper-making, and the artificial silk industry. Most of the pulp for artificial silk went to Japan. Sir Hugh Denison said that he had proposed visiting Russia, but had been dissuaded as, owing to. the attitude of the authorities, visitors saw only what the official guides were prepared to show.

MAIL NOTICES. SATURDAY, February 16th. Reefton Line, Murchison find Nelson 6.8 a.m. Hokitika Line 6.35 a.m. Otira Line 6.40 a.m. Westport 7 a.m. Christchurch, Dunedin and North Island 9.18 am. Australian States, Soulli Africa and The East, per “Niagara” at Auckland 9.18 a.m. Reefton Line 2.40 p.m. Westport 4 p.m. Christchurch and Dunedin 6 p.m. Late fee 6.30 p.m. MONDAY, February 18th. Cook Islands, Tahiti, Canada, United States of America., Great Britain, Ireland and Continent of Europe, via San Francisco per “Makura” at Wellington 6.40 a.m. (Mail due London March 22.) A. M. ROBERTSON. Chief Postmaster.