COMMERCIAL

Grey River Argus, 24 September 1936, Page 8

COMMERCIAL

(Per Press Association.) CHRISTCHURCH, September 23. Safes; Commercial Bank of Australia ISs 3d (2); Standard Insurance > 60s fid; Amalgamated Wireless (cont.) , 3O.s> 9d; Dunlop Rubber (cum. div.) > 18s 4d (2); Alt. Morgan 13s Id (2), ' Upper Watut 3s. Reported: Electro. Zinc (pref.) 45s 6d. L’ulisted: White’.Electric 9<l; Woolworth’s (Syd. ord. l > £5 6s 3d, £5 6s (2). AUCKLAND, September 23. Sales, morning call; Mount Alo-rgan ' 13s 2J; Ait. Lyell 29s 6d; Zinc 455, Broken Hill 75s fid; South British 69s 3d; Commercial Bank pref. £9. Noon sales; Biitish Tobacco 43s 3d. Broken Hill (rights) 2s (2);. 2s Id; ' Electro Zine pref. 455; New Zealana Refrig. eon. 9s 3d; Bonds' 4 per cent. 52/55, £lO5 15s; Stock 4/4(1 £lO.l 15s. 4/55 £10.5 ss; Newmarket £1.04 7s fid WELLINGTON, September 23. Sales: Coles 82s 9d, 82s fid; Woolworth’s (N.Z.) £5 Is; Alt. Alorgan 13.Id; Electro Zine 445; Tooth’s 56s 6d. DUNEDIN, September 23. Sales reported: E. S. anj A. Bank £5 16s; AlcLeod Bros. £32; Paper Aliils 275; Waipapa, Beach Bd. OPOSSSUM SKINS SALE. Dalgety and Company, Limited. Dunedin, reports:—

At the third sale of the seaoon,. held on September .18, approximately 70.000 skins were offered by the eight selling brokers. Of this qpantity. W' had a. catalogue of 43,500 skins. I. was expected ( >ie very large of faring at. the -safe would cause a fairly sharp drop in prices. We are pleas ed, however, to be able to report : strong demand again from buyers 10. pvorscas, and we quote the market only par to 3d lower for blacks am. browns and 3d to Is lower for blues, greys and red necks. The drop ii. prices was most noticeable on infei ior and secondiary isorts. also sniaf. skins. We valued every ‘lot very caie fully, ami passed in over 10,1'00 skin because prices did not come up to our ideas of value. We expect: to sell all these al advances on the passed-in bids, and account sales will be rendered to the hundreds of trappers who sent us skins as promptly as possible. Our lop price for lines was 16s 7d. comprised mostly of selected skins from Auckland, Wanganui an,] Wei ling'lon districts, while for ]>laeks we secured -7s. Representative averages were: Catlins ami AVymlharn Ss (,■> 10s His; Southland 5s to 8s 3d. South Cirnterbuiy -Is to ss, North Canter bury 4s 9d I o 7s. Ma,ri borough 4s t: > 1 fid., West Coast 3s 8d to 4s Bd, Wei-1

lington 6s to 8s 3d, Auckland 6s <>d to Ss 3d, Wanganui 6s 3d to Ss 3d. Taranaki 4s 6d to *s Del,. Hawke’s Bav 6- 6d to Bs, Gisborne 3s Sd to 4s 9d. The range of prices at our sapo for grades from second up was as fol'ows: Blues. South Island (including large North Island) 8s 7d to 16s 7d, North Ist'and (light skins) z 6s lid to 16s 7d; greys 7s Id to 13s sd—6s 7d to Ils 6d; red greys 7s Id to 13s sd—--6s 7d to Us 6d; red necks 5s 6d to 7s lid—3s 10d to 6 s 4d: blacks 3s 5d to 7s —3s Sd to 6s 6d; browns 3s 7d to 5s lid; slates 2s 9d to 4s 6d; small Hues and greys 2s 4d to 5s Id; small blacks Is 8d to 2s lOd; inferior and damaged Is Gd to 4s 6d. NEW INSURANCE OFFICES. WELLINGTON, September 23. The South British Insura.nce Company, Lid., has accepted the tender of the Fletcli’er Construe! ion Company of more than £40,000 for the erection of its new seven-storey office building nn Lambtort Quay, Wellington). on the site of its present premises. The work will commence in about a month.