COMMERCIAL

Grey River Argus, 14 August 1935, Page 5

COMMERCIAL

(Per Press Association) WELLINGTON, August 13. Sales: Woolworth’s Ltd., £5 19s, Four P.O. Inscribed 1946, £lO9, 1955, £ll2 10s; Bank of New Zealand D Term 33s 3d; Union Bank £9 10s; Leylaud O’Brien 23s 9d, 23s 7£d; Broken Hill 68s ,3d, 68s 7d; Consol Brick Ils 6d; Mt. Morgan 41s. AUCKLAND, August 13.

Sales: Consolidated Brick 113 6d; Commercial Bank 17s 8d; Farmers’ Fertiliser 20s 3d; A.P.A. 22s 7d; Dominion Fertiliser 24s 64; Union Oil 30s 6d; Bank of New Zealand 51s 8d; Neon (Sydney) 535; New Zealand Insurance 66s 6d; Broken Hill 68s 3d; South British 96s 6d; Woolworth's (.Sydney) £5 17s 9d. DUNEDIN, August 12.

Sales: Union Bank £9 10s; Refrigerating 9s lid. Reported: Consolidated Brick Ils sid; Dominion Fertiliser £1 4s 3d; Paper Mills £1 12s; Stock (1943-1946), £lOB 10s. LONDON, August 12. Gold 140 s sd; dollar 497; franc 74 15-16.

A report published by the Imperial Economic Committee shows that in 1934, the United Kingdom was again the world’s best customer for dairy produce. In the ease of butter, British imports represented 85 per cent, of the total butter entering into the world trade. An order has been issued under the Agricultural Marketing Act to bring into operation on September 7th, the bacon development scheme which completes the plan of re-organisaton of the bacon industry by the establishment of a Board which will license bacon producers, under sueh eondi tions as» it finds necessary for promoting the efficient production, or preventing or reducing, excessive productions. The Board will consist of 11 members, three appointed by the Minister and four each by the already existing Bacon Marketing and Pigs Marketing Boards. . The Import Duties Advisory Committee rejected the Fe’l mongers’ Association’s application for a removal of imported foreign skin-wools from the free list. The fellmongers contend that unless imports are taxed manv businesses must elo?e down. Importers and users argue that as skm-woo.ls are raw material, the Government s policy of not taxing raw material should operate in thia case.