COMMERCIAL

Grey River Argus, 23 October 1936, Page 11

COMMERCIAL

(Per Press Association). WELLINGTON, October 22. Sales: Selfridge’s (new) 32s 6d; National Bank of Ausrt. £l4 ss; Bank of N.S.W. £35; Bank of N.Z. 41s 9d: Kauri Timber 26s 4d; Woolworth’s Ltd. £5 15s Gd; Mount Cottrell ord. 7s 6d. DUNEDIN, October 22. Sales: Bank of N.Z. 425. Reported: Rcfrig. £1; Gonso, 1 . Brick 10s'2d; Dominion Fertiliser 24s Gd; Waihi Investments! 9* 4d. After call: Goldsborough Mort. 34s 4d; Mt. Lyeil 33s 4d (six). CHRISTCHURCH, October 22. Sales: Comm. Bank of Aust. 18* 9d (4); Goldsborough Mort. 34s 7d (2); Christchurch Gas 27s Gd; Anthony Hordern 18s' 7d, 18s 8d (2); British Tobacco 47 s 2d; Dunlop Rubber ISs 3d (3); Electro. Zinc (pref.) 49s 9d 49s Bd|. 49s 7d (2); G. J. Coles 70s 3d (2), 76s 2d; G.J. Cot’es (rights) 35 Gd; Morts 'Dock 12s sd; Gillespie’s Beach Is 51d; Mt. Lyell 33s 4d. 3,>s 34d, 33s 4d* (2). Reported: National Bank of N.Z. 60s 9d; Broken Hill Pty, (late sale 21st., cum. div.) 80s; Kauri Timber 26 s 3d; N.Z. Farmers’ Co-op. (41 per cent, stock. 1940) £92 10s. Unlisted: ShiFings (£1 pa’d) 20s Sd (2); Woolworth’s (Svd.. ord.) £•> 15s (2); Woolworth’s (Syd., ord.) £5 15s Gd.

AUCKLAND ( October 22. _ Sales: Grand Junction 3s 81d; Waihi 9 S 4d; Sharland 19*; Farmer*’ Trading 18s lid; Kauri 26s 3d; Coles (r’ghts) 355; Bank of N.Z. 42s 6d; Zinc prfff. 49s Gd; National Bank 60s <)d; Broken Hill 80s; South British (cum. div.) 90*; E. S. and A. Bank £5 15 s Gd; Stock (1937) £lOO 10s. Noon: Morts 12s 4d; National Timber 13s 3d; Gas con. l?>s Id; Nat orml Insurance 18s lOd: Kauri 26- sd; Goldsborough 34s 9d; N.Z. Insurant 60s 3d; Woolworth’s £5 19s: Union Bank £9 10s Gd. At the annual meeting of the South British Insurance Company. Mr V. J. Larner presiding, the report and accounts were adopted, includ ng a five per ee,nt. cash bonus to the staff for the past year. TJie retiring directors, Sir George Elliot and Mr w - K. Wilson, were re-elected. LONDON. October 22. Gold 142 s Rd; dollar 4891; franc 105 1-16. MELBOURNE. October 22. A new record Australian pu cc> for the season; 2Gd, wa* paid for merino wool at the opening of the Geelong wool sales. SYDNEY, October 22. Sales: Comm. Bank of Aus. 19s; Tooth’s 56* 9d; Associated New* 23s )d prof 23s 9d; Australian Glass 9/s: British Tobacco 47s Gd; Broken HU ptv. 80s Gd; Burns Philp 73 s; General Industries 19* 4-)d; Morris Hodstrom 275; R. Fowi’er 14s Ud, pref. 24*: Waldns Shoes (N.Z. de’ivery) 40s RUGBY. October 20. Excli’equer returns show that total of ordinay revenue is £319.787995, compared with £326.813,529 on tho corresponding day last year. The total of ordinary expend'turn amounts to £413.615,762, compared with £393.745.371. The steady progress of national recovery is well illustrated by the pos t:i,l receipts, which, with "hree exceptions on’y. have- beam higher than the corresponding months a year earlier for each month since the end of 1932 T"he increase in Sent ember compared with Septenibf<r. J 935. was 5.1 po" cent... and the three preceding month* each showed an increase of 5.2 por cent., compared Wth the corresponding month last year.

S’r Ralph aenc'il mnu-ap-er of the London and North Factor'' Railway, and Mr W. A. FBamlish. chief mechanical eng'neer to the London Midland and Seott.'s'h line, are go’ntr to India. tw o members of the committee appointed by the Government of India to examine the position of Ind'an State-owned railwav*. with a view to suggesting measure* for placing thew finances on a sound and remunerative basis.

N.Z. CHEESE WINS AWARDS. (Aus & N Z. Cable Assn.) LONDON. October 20. New Zealand secured nil the awards in the ehee*oi section, in which there were 32 eniFes. at the Dairy Show Empire cornpetifimns. Results: Drummond Co-operative, Otautau 1; Awarua Qo-operative, Winton 2; Pa-

hia Co-operative/. 3; Orepuki Co-opera-reserve; Brown’s Go-operatiie, very highly commended. AUSTRALIAN BUTTER WINS. LONDON, October 20. Australia won all the awards in the butter, both salted and unsa'ted sections, at the Empire Dairy Show competitions. N.Z. SHEEP INCREASE. WELLINGTON. October 20. For the year ended April 30, 193 G, the number of sheep in the Dominion increased bv considerably more than 1,000.000. At that date there were 16,371,844 sheep in the North Island, representing an increase of 622,828, and 13,741.860 in the South Island, an in crease' of 414,122 for the year. The country with the biggest increase was Rangitikei in the North Island, the increase being 84,269. In the South Island, Ashburton county, with an increase of 65,139 headed the list. Southland, with 1,854,306 sheep at the end of the year, had easily the biggest total. Southland, Hawke’s Bay, Rangitikei, and Ashburton counties all have more than 1,000,000 sheep. The total of sheep owners in the Dominion at the end of the year was 30,590, an increase of 352 and the number of sheep they owned was 30.113,704. an increase of '1.036,950. With the exception of 1930, when there were 30,841,284 sheep in the Dominion, the latest figure is a record since 1917.