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Grey River Argus, 2 June 1937, Page 8

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(Par Press Association). CHRISTCHURCH, June L ■ Sales: Comm. Bank of Aust. 19s; Goldsborough Mort 37s lOd; Kaiapoi Woollens (pref.) 1.75; Westport-Stock-ton 2s 9d; Christchurch Gas 26s 9d; NZ. Breweries 685,, 675, 66s (2); Tooth’s Brlewery 55s 6d; Broken Hill Pty. (cum. div.) 80s 9d; Electro, Zinc (ord.) 56s 9d (2), 56s 6d (4); Electro. Zinc (pref.) 57s (2); G- J- Coles £5 9s 9d'(2), £5 10s, £5 9s 9d (2); MtLyell (cum. div,) 455,, 44s lid, 44 s 9d; Mount Morgan 13s 7Jd (2). Reported: Electro. Zinc (ord.) 56s 3d; Martha 15s Id. AUCKLAND, June 1. Sales: Grand Junction 3s, 2s lid; Taranaki Oil 3s lOd; Comm. Bank 19s Id; Refrig, (paid) 19s; Maiitha 15s; South British 94s 6d; Woolworth (Sydney) £7! 0s '6d; Colonial Sugar £47; Renown Coal Ils; Dunlop 225; Union Oil 265; Woolworths (Sydney) £7, £7 0s 6d, DUNEDIN,, June 1(Sales: New Zealand! Breweries £3 ss'3d; Staples £2 14s 6d; Goldsborough Mort. £1 17s 9d ; Woolworth’s (Syd- - ney) £7 2s. WELLINGTON, Jun e L New Zealand Breweries, Ltd-, will issue 546,135 new ordinary shares of £1 each, at a premium of 5s each, at the rate of one new share for every two held on May 29LONDON, May 31Bradford business is firm. There is practically no speculative forward business- Yarlns are unchanged, Machinery is being well employed. (Butter is lifeless- It has barely maintained its present values, though •therej has been no- selling pressureThe Whitsun holidays, repercussions from the bus strike, and ‘the threatened coal strlike hav e led buyers to hold off the market,, and some livening interest can now be expeetedCommodities are generally quiet, and l have shown a tendency. to drift downwards in ‘the absence of speculative interest. Early summer is normally quiet, so any marked revival in the near future is improbable. Rubber especially is disappointing in view 1 of the strong statistical position of Malayan, production for April is well down compared with March. AUCKLAND, Jun e 1, A valuable .consignment of 40 heifers in calf, mostly giiade Jerseys,, will leave Auckland to-mon-ow by the Japanese motor vessel, Sydney Mam, to the order of two leading dairying firms in Shanghai. Five heifers- are Shorthorn Jersey cross, and the whole shipment has been selected from the herd s of Messrs R. and A- Crawford of Onewhero. It is understood that a sum of nearly £2OOO is involved in the deal It is believed that this may lead to- the development of an export trade which will open new avenues of income to farmers in New Zealand. 1 ALBERTA REFUSED LOAN. TORONTO, May 31. The Bank of Canada refused a loan ' to the Government of Alberta- Province following a refusal also by the Dornin, ion Government. Alberta is defaulting on a 1,650,000 ■ dollars bond maturity, states the ■ Treasurer, Mr Solon Low. This is-the • third major default in three months.