COMMERCIAL

Grey River Argus, 11 February 1938, Page 2

COMMERCIAL

N.Z. SHARE MARKET. [Per Press Association.] WELLINGTON, February 10. Sales, morning call: Four per cent. Stock, 1946, £lO4 ss; Bank of Australasia £lO 10s; Bank of New Zealand £2 3s; Taranaki Oil 5s 7d. Sales reported: Four per cent. Stock, 1955, £104; National Bank of New Zealand £2 15s; Bank of Australasia £lO 10s; New Zealand Insurance £3 Is; Farmers’ Trading £l. Sales, noon call: 3i per cent. Stock 1953-57, £9B; Bank of Australasia £lO 10s (2); New Zealand Breweries 46s 2d; Taranaki Oil 5s Bd. Unofficial list: Australian Motorists’ Petrol (ord.) £l. - AUCKLAND, February 10. Sales: Commercial Bank 16s lid; New Zealand Ins. (ex. div.) 61s, Guarantee Corpn. 4s 6d; British To bacco 49s 9d; Golden Dawn 2s 3d. Sales, 12.15 call: Auckland Gas 20s 6d (2); Birkenhead Northcote Gas, 7 per cent, (pref., ex. div.) 12s; Broken Hill Pty. 61s 6d (2); Colonial Sugar £46 10s; Henry Jones 48s 9d; M.K, Millinery 10s 6d; Wool worths (Sydney) 24s sd; Golden Crown 4s 3d; Mount Morgan 9s 3d (2). CHRISTCHURCH, February 10. Sales: Broken' Hill Pty. 60s lOd (2); N.Z. Farmers’ Co-op., 4J per cent. Stock, 1940, £92 (3); Woolworths Ltd. (ord.) 24s 4d (2). Reported: National Bank of Australasia (£lO paid) £l4 10s; 4 per cent. Stock, 1952-55, £lO4. BRITISH EXCHEQUER. RUGBY, February 8. The Exchequer returns show that total ordinary revenue amounts to £668,038,930, compared with £632,901,597 at the corresponding date last year. Total expenditure, less selfbalancing items, is £741,201,707, com< pared with £699,463,990 at the corresnonding date in 1937. AUCKLAND, February 9. A total return of £397,262 from wool sold at the second Auckland wool sale on January 24 is announced by the Auckland Woolbrokers’ Association. Of the total of 30,541 bales offered, 28,375 were sold. Total weight of wool sold was 10,051,6041b5., and the average price realised was 9.485 d a pound, or £l4 a bale. In nearly every respect the sale was a definite improvement on the first, only fine wools showing some weakness in values.