COMMERCIAL

Grey River Argus, 8 May 1936, Page 8

COMMERCIAL

(Per Press Association.) WELLINGTON, May 7. Sales: G. J. Coles 735; Woolworth's Ltd. £7 16s Ud; Shillings Ltd. 8s 9d. CHRISTCHURCH. May 7. Sales. Blank N.Z. Its 9d; Anthony Hordern 19s 2dy Dunlop Rubier 16s 2d (31; flume llipe Trust 17s 2d (2); Gohlen Dawn 3s";'Maori Gully lid. Reported: Bank N.Z. -14 s 9d (lain sale Gtli); Mount Lyell 2-ls 6d. Unlisted: Woolworth’s (Sydnev. ord.) £7 17s. DUNEDIN, May 7. Sales reported Bruce Woollen 235; Associated Motorists pref. 275; Shillings 8s Old; Refrigerating coni. 9s Gd; .Kauri Timber 22s lid; Electrolytic pref. 39 s 9d; Mount. Lyell 26s 7d; Mt. Morgan Developnien'ts 3s: Argo Dredging Is 5-.Jd. Alter call* Gillespie’s Js 2d. AUCKLAND, May 7. Sales: B : g River 2s Id; Martha Is Sd: Golden Dawn 3s; Northern Steam 7s. 6s lid; Leyland O’Brrnn 22s 9d, Kauri 235; Cement -13 s 6d; New Zea. land Insurance 60s lOd; Woolworth's (Svdticv) £7 16s; Bank of New South Wales £33; Mt Albert. 1960, £lO6. LONDON. May 6. Gold 1-l Os. Sd; dollar 496; i’runc 73 11-22. tONDON, May 6 Poor Continental competition was chiefly responsible for values tending in buyers’ favour at woo] sales. At the sa'e.s 11.272 bales were o’ fered, ineluding 3756 New Zealand, and 819.1 were sold. A good selection. Competition was active chiefly from the horn c trade. Australian greasie.were agai'n largely withdrawn owing to the firm limijts. the prices favour ing the buyers. New Zealand greasy half-bred Ilakatartamen top 16ad-~av-erage 15d. Dawson’s point out that France is very nervous over the internal and also the international situation. Germany is- still ouf of the market on account of import restrictions. The position of Britain is sound and prosperous, but a period of cautious trading during Summer is advisable. Wool i s sounder than most raw materials. Recent irregularities in cotton and wheat, however;, eiannot be ignored. SYDNEY.. May 6. At th c wool sales. .10,227 bales were offered. and 8827 sold; also 2932 privately. Competition -was again strong and general. The Japanese section was particularly active. Values were equal to the previou s day. MASTERTON, May 6. An unreserved dispersal sale of the .wel.l-ku.own Middle Run Jersey stud, founded in 1903, by W. 11. Booth and Sons, was held to-day. buyers be ng present from till parts of New Zealand. Top price was 181 guineas, paid by Hettphv-. Ltd., Greytowry for the cow Rcwa Freemont. This i s the highest price for a Jersey femal e for the pa.st six years. The same purchasers secured the next Irghcst priced cow. Re.wh Rose'Marie, for 110 guineas. The .to]' price for bulls. 71 guineas;. was pahl by A. ‘Somerville, Takapau. Tfla average for cows was 26 guineas. and for bulls 281 guineas. The cattle were secured by breeders from both islands, ail’d were widely distributed .