COMMERCIAL

Grey River Argus, 16 June 1936, Page 6

COMMERCIAL

(Per Press Association.) CHRISTCHURCH, June 15

Sales; Commercial Bank, of Australia 19/2 (4); British Tobacco (cum. div.) 41/-; Broken Hill Propty. 73/2, 73/1. 73/2; Broken Hill (cont.) 50/3; Consolidated Brick 10/-; Dunlop Rubber 17/9 (3); Electro Zinc (pref.) 40/9; Hume Pipe (Aust.) 20/6; N.Z. Farmers Co-op. (10/- paid) 1/6; Taupo Totaja Timger 10/- (2); Brian Boru 4d (3); Mount Morgan 15/7. 15/71, 15/8. Reported: National Insurance 18/3. Unlisted: Selfridges (A/Asia new) 25/3. AUCKLAND, June 15. Sales: Morning call: Mataki 1/5; Brick 10/3; Holden’s Motors (pref.) 23/3; Dominion Breweries 26/-; Zinc .38/3; Bank of New Zealand 44/-; Mortgage 28/9; Broken Hill 72/6; Bank of New South Wales £32/7/6; Sugar £4l/17/6. Sales: Devonport Steam 21/9; Dominion Breweries 26/3; Broken Hill 72/6, Cont. 58/3; Farmers’ Trading 20/3. New Zealand Newspapers 42/-; Mt. Morgan 15/8, Unlisted: Selfridges (old) 25/6; (new) 25/4. WELLINGTON, June 15. Sales: Bank of New South Wales £32. Woolworth’s (N.Z.) £9/5/-; Electrolytic Zinc ord. 38/-. Reported: Shillings Ltd. 11/7. Unlisted: National Tobacco 66/-. DUNEDIN, June 15. Sales reported: Standard Insurance £3/37-; South Otago Freezing £7/15/-; Broken Hill Proprietary £2/10/-; Woolworths (Sydney) £5/14/6; Electrolytic Zinc (ord.) £l/18/-. SYDNEY, June 15. Commercial Bank of Sydney 20/Bank of New South Wales £32/17/6; Tooheys 31/6; Associated News 22/3; British Tobacco 41/3; Broken Hill Proprietary 73/9; New 51/-; Colonial Sugar £42/2/6; Fairymead Sugar 45/6; Howard Smith 20/9; James Stedman 19/4Ad. LONDON, June 9. Air 11. W. C'leminson, general manager of the Chamber of Shipping, in a letter to “The Times,’’ recalled that Mr Baldwin, Mr Neville Chamberlain, Mr Runciman. aud other Ministers, have, inside and outside the Commons, declared a determination to defend British shipping. He says:. If continued reliance be placed upon tho declarations, it is essential, before Mr Menzies returns to Australia, that the British Government shall have given a clear definite lead, and reached a provisional agreomnt with representatives of the three other Governments concerned, subject only to neecssarv confirmation.

The Port' of London Authority took a hundred Australian and New Zealand visitors on a tour of the docks. The visitors included. A. W. Pearse, R. S. Forsyth and J. Begg (New Zealand Meat Producers’ Board).

Welcoming the guests, Lord Ritchie congratulated Australia and New Zealand, during the financial crisis on grasping the nettle, sooner than any part of the world, and establishing a new economy. <f We followed you,’' he said. _