COMMERCIAL

Hawera Star, Volume LII, 1 February 1933, Page 7

COMMERCIAL

■ , . .SYDNEY WOOL SALES. MERINO UP TO 26JD, \ (United Press Association —By Electric Telegraph Copyright ' • , . SYDNEY, Jan. 31. At the wool sales 11,SOU bales were offered 'of which' 11,200 were sold, as well- as 70S which were disposed ot privately'. Under general competition rates were fully maintained for-all descriptions. -Gerasy 'Merino -fleece sold to 26. id; constituting a fresh record for ■the season in Sydney.- Comeback lambs made up to the’record price «f 12fd-AUSTRALIAN-STOCK* EXCHANGES SYDNEY AND MELBOURNE. ■ SYDNEY, Jan. 31. The general tone V>f the Stock Exchange to-day was one jof steadiness. Australian; Consols were still slightly irregular. Sales were: Commonwealth bonds, 4 per cent;. 1938. £lO2 10s; 1941, £lO2 10s; 1044,■ £lo2s 13s 9d; 1947, £lO3 3s 9d; 1950, £lO3 3s 9d; 1953, £lOl 12s (sd; 1955, £lOl 13s 9d; 1957, £lO2 2s > (Id- 1959, £lO2 7s (id; 1961, £lO2 17s tid; Bank of New South Wales, £3O 15s; Commercial Bank of Australia, 15s 3d; Bank of Australasia, £lO ; . British Tobacco, 335; Colonial Sugar (NEW Zealand delivery), £52 * 15s, £52 12s *6d, £52 11s; Tooth’s, 35s 3d; Tooliey’s, 2l)s 9d;.Burns Philip, 47s 9d; Australian Gas A, £7 4s; ditto, B. £7 ss; Dunlop Penlriau, 17s 10}d: New Guinea Goldfields, 4s 104 d; Australian Glass, 46s 6d. Melbourne sales were: Goldsbrough Mort, 24s 3d; British Tobacco, 3?s Id; . Mount iLyell, 21s;. Commercial Bank of Australia, pref., £8 4d. CROP-STANDARD FOR N.S.W. SYDNEY, Jan. 31. The f.a.q. standard for the New South Wales 1932-33 wheat crop has been fixed at 614 pounds to the bushel. PRICE OF GOLD AT LONDON. LONDON, Jan. 30. Gold is quoted at £8 Is 5d an ounce, compared with £6 Is 4d and £6 Is od ■on the two previous days. FOG STOPS LONDON SALE. BRADFORD MARKET QUIET. LONDON, Jan. 30. The wool sales have been postponed owing to the fog. The Bradford wool market is quiet and unchanged. WHEAT CARGOES QUIET. | LONDON, Jon, 30. Wheat cargoes are quiet, tending to j ease in sympathy with overseas acl- j vices. Parcels are in moderate request with sellers occasionally agreeable to a j lid decline. ■ 7- | Quotations' are: —Futures: London. February-April, 20s 3d; Liverpool-. 'March, ,4s Bd, May 4s Od, July 4s 104 d. BUSINESS IN SHARES. CHRISTCHURCH EXCHANGE. (By T>if»2rapb—l'rtw* AswxMfition.) CHRISTCHURCH, Jan. 31. Details ol' business in the stock exchange to-dav are:— Union. Bank of. Australia. *£7 6s bd (2), £7 Ss (2); Commercial Bank of Australia (pref., cum div.), £8; N.Z. Refrigerating (10s paid). 3s 0d (2>; British Tobacco, 31s Od; Wilson’s Cement. 2Ss Od: Blackwater, 20s 3d; Golden Dawn, 4s; King Solomon, 2s Id

(•'»); Nokomai, 5s 9d (3); Okarito, 9s 2d (3): Waihi,' 21s Id, 21s. Sales reported: 51 per cent, inscribed, September. 1937' £101; Bank of New South Wales, £2B 10s; Tooth’s Brewery, 345; ■ Colonial Sugar, £49 15s; Wilson’s Cement, 295; Woolworth (N.Z.), prcL, 295. DUNEDIN WOOL PRICES. AVERAGE OF SD REALISED. DUNEDIN, Jan. 31. Approximately £321,000 was realised from the Otago wool clips' sold yesterday. At the rates ruling for the December sale the realisation would have been £236,000. Growers received an average of just under 8d per lb., against 5.96 d in December.