COMMERCIAL

Grey River Argus, 20 October 1936, Page 6

COMMERCIAL

(Per Press Association). CHRISTCHURCH, October 19. Sales; Commercial Bank of Australia 18s sd; Australian Iron and Steel (pref.) 26s Id; British Tobacco 46s 6d; Mount Morgan Ils Id (3). Reported: British Tobacco (late sale Saturday) 465, Unlisted; Woolworth’s (Sydney, ord.) £5 18 s (3) AUCKLAND, October 19. Sales, first call; Broken Hill j-ights 2s 7d; Brick 10s; D'unlop 17s lOd; Robinson lee 21s 9d; Roller Mills pref. 235; Kauri 24s 7d to 24s 0d; Gas 22s Gd; Bank of New Zealand 41s; National Bank 59s Gd; South British 89s 9d; Woolworth’s £6 3s Gd. Sales, noon; Sanford 3s lid; Komata Reefs 6s 9d; Bank of New Zealand 41'--(id; Broken Hill 78s 6d; Glass 95s 2d, 95s 3d; Broken Hill South £6 17s, Correction, National Bank GOs. WELLINGTON, October 19. i Sales: Broken Hill 78s 9d; Maori Gtillv 7d; Westport Coal 22s 4-Jd DUNEDIN. October’l9. ■Sales, after call: Mt. Lyell 32s 7d: Gillespie’s Is 6d. SYDNEY. October 19. Sales; Bank of New Zealand 40s Gd; Tooth’s <7s; Anthony Horden pref. 23s 9d; Colonial Sugar 445; Dunlop Perdriau 18s; Goldsborough 34s Cd; Howard Smith ]Bs lOid; Sargents 295. QUEST FOR MORE TRADE. PARIS, October 18. The Council of the International Chambers of Commerce, after a meeting of those attending, including Sir Alan Anderson, accepted the thirteen point plan, aiming at the gradual removal of trade restrictions, and high, customs barriers, following the English, French and American monetary agreement. The main include the conclusion of multilateral agreements open to all comers, stimulating international trade, pending which bilateral treaties should be used to demolish the barriers. It also urges that the leading Powers jointly declare for avoidance of currency depreciation as an instrument of international trade competition, and elimnation of seasonal variations in the value of currencies. LONDON. October 18. The Imperial Shipping Committee after two hundred meetings, completed the investigation of the questions referred to them by the Governments of Britain, Canada, New Zealand and Australia, regarding the Canadian. Australian, New Zealand' communications. The committee’s report is being presented to the Governments, whose consent will be necessary “or its publication. The Duke of Kent paid a visit to the Motor Show, Olympia, and spent more than an hour among the vast crowds which, judging by the volume of orders received by the manufacturers, must contain a higher proper- < tion of buyers both Home and over- ;

seas than ever before. One firm has already taken orders estimated at £12,000,000. Oversea, enquiries have been such a feature of the Show that the stuff of interpreters has been. Increased. , RECORD SYDNEY WOOL PRICE I BRISBANE. October 19. ! At to-day wool sales the record price ; for the season of 23d per lb. was obtained. OPOSSUM SKIN SALE. DUNEDIN. October 16. : The last oppossum sale for the sea* son was held to-day, when approximately 42.000 skins were offered. The bulk of these were northern skins, and the quality generally was inferior to that of last sale. There was a good demand for blacks and browns, and prices for these showed little change on September rates. The demand for light colours was rather restricted, and prices on an average were Gd to 1/• lower. Selected skins sold well, blacks selling up to 7/10 each, and blues to IG/-. Following is the range of prices: Super blues 11/3 to 16/-, lirst blues 9/3 to 11/-, second blues 7/6 to 9/-. super greys 9/3 to 13/-, first greys 8/to 10/5, second greys G/5 to 7/11, super reds 5/9 to 7/5, first reds 5/- to 6f£s, second reds 4/6 to 5/5, third blues And greys 3/- to 4/-, third reds 3/- to 3/6, small blues and greys 2/6 to 4/3, super blacks 5/5 to 7/10, first blacks 4/7 to 5/-, second 2/- to 2/6, super browns 5/3 to 6/-, blacks 3/6 to 4/6, third blacks 2/10, first browns 4/8 to 5/1. second browns 3/6 to 3/10, third browns 2/- to 2/6, small blacks 2/- to 3/3. A telegram received by Dnlgety and Co., Ltd., from their Dunedin branch, , stated: Opossum skins 42,000 offered, our catalogue 24.500. Good demand darks. Prices firm; blacks 3/10 to 7/10; browns 3/8 to 5/10. Inferior skins 1/10 to 2/7. ELECTRICITY IN BRITAIN. RUGBY. October 15. Interesting figures showing the steady growth in the use of electricity are given in the report of the Electricity Commissioners. Last year there was an increase of 13 per cent, in the number of consumers, bringing the total to more than 6.901.000. Sales of electricity amounted to 13,030,000.000 units. the importance of electric supply undertakings in the economy of the country is shown by the fact that salaries and wages paid totalled £12.390.572. COMPANY REGISTERED. Nelson and West Coast Hotels, Ltd. Office: Nelson Capital: £43,000, being 43.000 shares of £1 each. Subscribers: Nelson: 11. R. Dunean 750, S. A. Gibbs 250, J. Newman 500, P. S. Boyes 250. Hokitika: 11. C. Newman 400. GK. Keller 700. Westport: H. D. ’Hamilton 250. Objects: Hotel restaurant refreshment room, lodginghouse keepers and licensed victuallers and incidental.