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Grey River Argus, 17 October 1936, Page 11

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(Per Press Association). CHRISTCHURCH, October 16. Sales: 4 per cent. Inscr. 1937 £101;. Comm. Bank of Aust. 18s sd; Bank of New South Wales £33; Broken Hill Pty. 78s 6d, 78s 3d, 78s 2d; Dunlop Rubber 17s lOd; Electro. Zinc (pref.) 48s 3d; Morts Dock Ils 5d (2); Alt. Morgan 14s 14d (2). Reported: Comm. Bank of Ausit. 18s 6d; Amalgamated Wireless (contr.) 40s 9d. Unlisted: W’erek Invest. Trust (rights) lid; Woolworth’s (Sydney) ord. ex-div. £5 18s; Woolworth’s. (Western Australia) late sale 15th £5 17s 6d. AUCKLAND,. October 16.

Sales, morning: Mataki Is 3}d; Mossy Creek Is 4d; Brick 10s ; Bank New Zealand 39s 3d; Zine pref. 48s lid; Woolworth’s £6 7s;, (Sydney) cum. div. £5 17s 6d; Bank of New South Wales £33; Farmers’ Coop. Canterbury £9O. Sales, noon: Guarantee 5s 6d; Commercial Bank 18s 4d; Iron Steel pref. 26s 3d; Broken Tli’l con. 595; N.Z. Insce. 60s; Woo’worth’s (N.Z.) £6 6s. WELLINGTON, October 16. Sales: Selfridge’s ord. 34s 6d; N.Z. Breweries 50s 9d; Broken Hill con. 59s 3d, 595; Woolworth’s (N.Z.) £6 Gs- Australian Glass 16 s; Woolworth s £s'l2s 9d. £5 17s, £5 17s 6d. The Rclservc Bank figures for th s week show a rise, in the dairy account of £397.700. which, with the exception of a decrease of £20,000 in flu amount of sterling exchange he.’d, is the only 'significant movement «hnwr among the assets. On the 1 inb .111itside, there has been an increase in the note issue, of £29.900. Demand liabilities to the State have -nereased bv £527.200. and to the banks bv .£19.300 Other demand liabilities are shown as £72,50’0 greater,, and other liabi I '- t ; os as £l4OO less. The directors of the Broken II 1 South Limited, announce they Tceor mend to shareholders that the cap talnow eight hundred thousand share of £l. each. bo subdivided into 3 200,000 shares of five shillings each, according to cable advice roee’vexl 1"the New Zealand Stock Exchange Association. Sinvffir advice was re reived that the directors of North B-okcm TT’F Linrted are Teeoinmen<’ : no- shareholders that flic cap-ta! o' the company, of £7OO 000 in £ Glares, ho snbdiv’dod into 2 <400.000 shares’of five <=hilb'n<r« each. SYDNEY October 16. Austral-on G,a« A £7 ss: Teohcv’ nd- Tooth’s 5.6 ■ 9d- Anthony Tip” dem 18s 9d: Associated News 23= Ud, pref. 23s 4}d; Austral Gas 96s 6d; British Tobacco 745; Broken Hill

Pty. 79s 3d, new 60s; Dunlop Perdriau 18s, pref. 34s 3d; James Stedman 17s 9d. DUNEDIN, October 16. Sales: Refrigeating (cont.) 9s 6d; D. Gillespiet’s Is 6d; Bank of New Zealand 39s 2d; Alt. Morgan 14s Id. Small catalogues were offered at the rabbitskin sale as usual at this time of year. There was a substantial deci.nei in all grades of bucks of from 9d to 18d per lb. Does were fairly firm, iwith the exception of springs and outgoings, which were 6d to 12d lower. The following is the range of prices: JStimmefr broken 25d to 26d; second winter broken 31d to 32d: first winter broken 37d to 39d; run ners 23d to 245 d, summers 23d to 27d, small .191 to 211. light Tacks 30d tn 3141, first spotted winter bucks 96d to 1021, does 601 to 6f>4d, second winter bucks 104(1 to llOd, second winter does 77d to SOd, first winter bucks 115 d to 1211, first winter does SOd tc SSJ. outgoing bucks 521 to 74d, does 47d to 50d. sjiring bucks 401 to 43d, does 321 to 341, milky 241 to 341, fawn 201 to SOd, winter fawns 601 to 706, summer b'aek 18d to 20d ( fir I winter black 60(1 to 70d, second winter black 50d to 60d. hareskins 16(1 to 20(1, horsehair to 18d. PALMERSTON N.. October 15.

While not desiring the Dairy Board to be abolished,, the Manawatu and West Coast Dairy Companies’ Association believes that in view of the lessened amount of work it is now doing, the amount of the levy made on the producers should be reduced and consideration given to a reduction of expense”.. At a meet'ng of the executive of the association, a resolution to this effect was carried, te be forwarded to the Minister for Agriculture. DANN’EVTRKE, October 16. Top price reaVfod at the New Zealand Aberdeen Angus Cattle Breeders’ Association's annual sale here yesterday will 201 guini’ti.s for a bull offered on account, of the Cnrlyon Estate The average price for the 73 hits w.i° £96 14s. which was considered most satisfactory. At the annual meeting of the Breeders’ Association it was decided to forward a Mronglyjworded 'otter to the M’nister for Agrl'Ciiltnre protesting against the retention of the sfor-k embargo. It wa=. decided that the, Government ffiould be approve!’'” to allow enffle to be inmorfed d’roplnn cond : t:on that the fu'l qua-nnfm „■> -, s .v.f in at the New Zea’an- 1 quarantine station. LONDON October 15 Bradford results of + he tests rfiax uscfl in the improved New Zcakind wodpacks are announced as not encouraging.