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COMMERCIAL

CHRISTCHURCH, September 26. Sales: Woolworths (New Zealand) ordinary 14s 5d (2), Big River 9d (3), Grey River 15s 6d. Reported: Government 1954/58 Stock £lO7 ss. WELLINGTON, September 26. Sales reported: Farmers’ Trading 225, Woolworth’s New Zealand 14s 4d; Mac Duff’s Pref. 20s; National Bank of N.Z. 39s (2). The principal alteration in the weekly return of the Reserve Bank as at*the close of business on September 22, is an increase in sterling exchange of £1,478,834. the total exchange now being £15,991,722. Other changes are of a’ minor nature except that liabilities to the banks have increased by £2,263,803, whilst those to the State have declined by £1,297,956. The Government expects some difficulty in securing adequate supplies of oranges for the local market, during the next few weeks, said the Minister of Marketing (Hon. J’. G. Barclay), in a statement to-day. The season for Island oranges was now over, he said, and the New Zealand market would be entirely dependent on Australian supplies. Difficulties arose in this connection with regard to shipping, and the restriction of unloading points in the Dominion necessitated the transfer of fruit over long distances. Further, 'the Jamaican market had been eliminated, due to the war. However, the Internal Marketing Department would endeavour so far as humanly possible to ensure that the available supplies were spread as equitably as possible throughout the Dominion. —P.A. QUEEN BEE Prepared Wax does two jobs at once—cleans as it ' shines—quickly and economically.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GRA19410927.2.2

Bibliographic details

Grey River Argus, 27 September 1941, Page 1

Word Count
242

COMMERCIAL Grey River Argus, 27 September 1941, Page 1

COMMERCIAL Grey River Argus, 27 September 1941, Page 1

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