LONDON WOOL SALES

New Zealand Herald, Volume LXXI, Issue 21792, 5 May 1934, Page 7

LONDON WOOL SALES

GENERAL COMPETITION STEADY RATES REALISED LONDON, May 3 At the London wool sales to-day 6721 bales wore offered, including 5305 from New Zealand, and 5298 were sold. There was good general competition and most of the offerings sold at steady rates. New Zealand clips sold as follows: —Greasy Merino, "Birchill," Marlborough, top price, 20d; average, 17 7-Bd. Scoured Merinos, "Flockhill," 31 d and 29^1. H. Irwcll and Company, London, report that the sales opened with general competition but with prices slightly easier, fine wools being 5 per cent down, while medium and coar.se were 10 per cent lower. BRADFORD TOPS MARKET NOW STEADIER LONDON, May 3 The Bradford tops market is steadier owing to the London wool sales opening better than was generally expected. Following are to-day's quotations and those for previous weeks: Apl. 12 Apl. 19 Apl. 2G May 3 Per lb. Per lb. Per lb. Per lb. d d d d Seventies .. 39 39 38% 38Va Sixty-fours .. 37',-j 37'/a 37 37% Sixties .. 35Vj 35'/a 35 35 Fifty-sixes . . 26'/a 2G 25Va 25% Fifties .. 19VJ, 19 l / a 19 19 Forty-sixes .. 14% M'/a 14% 34Vi Forties ..12 12 11% 11% GOLD AND SILVER QUOTATIONS IN LONDON (Received May 4, 7.35 p.m.) LONDON, May 3 Fine gold is quoted to-day at £6 16s an a-/,., compared with £6 16s 3£d yesterday. Silver is quoted at 182 d an oz. spot and 18 13-1 Gd forward, compared with 18 11-16 d and 18 13-lGd yesterday. The quotation for silver at per fine 0/.. is 20.1(1, compared with 20 3-lGd yesterday. Following is a summary of tho fluctuations in the price per ounce of fine gold this year: — £ s d Highest price, Feb. 5 . . 7 0 0 Lowest price, Jan. 9 . . fi G 85 April 27 fi 15 11 April 23 6 15 9 April 30 6 15 8 May 1 G 15 Hi May 2 G lfi 31 May 3 0 1G 0 DUNEDIN PROPERTIES KEEN INTEREST AT AUCTION Keen interest was shown in an auction, sale of freehold properties hold in Dunodin this week. Fight sections, situated between King and Cumberland Streets tvere offered. All except two were sold at satisfactory prices. NEW COMPANIES REGISTRATIONS IN AUCKLAND Two private companies have been registered in Auckland as follows: — Brain's Commercial College, to carry on business established as Brain's Commercial College for commercial training, etc. Capital, £SOO, in £1 shares. Subscribers: Ethel Beatrice Mildred Brain, 290 shares; Arthur Joseph Hutchinson, 210 shares. Metal Products, Limited, to purchase the engineering business carried on by tho N.H.L. Engineering Company, Limited, and to carry on tho business of iron founders, smiths, mechanics, engineers, etc. Capital, £SOOO. Subscribers: N.H.L. Engineering Company, 4999 shares; Nelson James Hamlin, 1 share. REGISTRATIONS IN SOUTH Tho following registrations of new companies in the South are reported:— PUBLIC British Developments, Limited, Dunodin. Capital: £6OOO, in 6000 shares of £1 each. Subscribers: R. B. Bannerman, 625 shares; L. V. Zignon, 100; G. Kitchen, 300; P. A. Elworthy, 200; C. E. Seager, 2380; H. B. Johnstone, 200; B. E. Tripp, 200; A. Hope, 100: if. Guild, 200; A. A. Scaife, 270; E. F. O'Leary, 200; C. J. Kerr, 625; A. T. Bcgg, 300; }V. F. Short, 50; H. Daniel, 100; T. Learmouth, 100; A. S. Allen. 50. Objects: To establish companies and associations for the purpose of executing undertakings of various descriptions. PRIVATE Dominion Compressed Yeast Company, Limited, Christchurcli. Capital: £116,550, in 116,550 shares of £1 each. Subscribers: Sydney—Mauri Bros, and Thomson, 70,752 ordinary shares; F. Howells and N. A. Thomson, 3000 ord.; S. E. Sibley, 500 prof,, 1000 ord.; M. I. Evans, 400 pref.; T. S. Lawrence, 500 pref.; W. McKeown, 250 pref.; O. G. McKeown, 250 pref.; J. M. McNall, 500 pref.; C. S. Pickworth, 125 pref.; M. E. Pickworth, 125 pref.; J. W. Pickworth, 250 prof.; N. A. Thomson, 500 pref. Adelaide —L. E. Billinghurst, 500 pref. .Christchurch —W. E. Best, 4750 pref., 10,648 ord.; C. L. Clifford and H. H. Loughnan., 2500 pref., 14,600 ord.; E. A. Danks, 500 pref.; J. T. Harkness, 500 pref.; A. M. Hester, 200 pref.; W. Irving, 100 pref.; M. Newel), 100 pref.; \V. S. Newburgh. 2500 pref. Pigeon Bay—J. L. 1. Danks, 1500 pref. Objects: To acquire and take over as a going concern the business and undertaking of Dominion Compressed Yeast Company, Limited (in voluntary liquidation), and to carry on the business maltsters. Anccll (O. G.) and Company, Limited, Mnkaraka, Gisborue. Capital: £2500, in 2500 shares of £1 each. Subscribers: C. G. Ancoll. 2100 shares; K. C. Anc6ll, 400. Objects: To acquire tho Ktorekecping business of C. G. Anccll. MELBOURNE PRODUCE MELBOURNE, .May 4 Following arc to-day's quotations on tho Melbourne produce market: — Wheat: Inactive. Shippers' limits, 2s 4id; parcels, 2s sjjd. Flour: £7. Bran: £1 ss. Pollard: £4 15s. Oats: 2s 4d. Barley: English malting, 2s 7d to 2s 9d. Maize; Best, 3s 6d. Onions: Strong, prime, £1 to £1 ss. CALL AND DIVIDEND LIST Dividends— Duo Slial'land and Co.—interim, ord. and pref., 2J p.c. . . . . May 10 N.Z. Newspapers—final, 21 p.c. . May 10 Donaghys' Rope—final, Is 3d a share . . May 11 Talisman Dubbo—interim, Gd n share May 15 National Insurance—int., 4d a share May 15 Broken Hill Pty.—half-yearly, Is a share May 1G Bycroft, Ltd.—final, Is Id a share May lfi Dalgety and Co.—interim, 2J p.c. (sterling) May 17 N.Z. Papor Mills—final, 1 p.c. . . May 21 Nat. Bank A'asia—final, 2} p.c. May 30 Bank' New South Wales—quarterly, 5s a share . . . . May 30 Farmers' Trading—final, pref., 7 p.c. p.a. (less 20 p.c.) . . May 31 Henry .Tones—int., Gd a share . . June 1 Bank New Zealand—filial, 5 p.c.; D pref., 3} p.c . June 15 Broken Hill South—ls 6d a share Juno 15 Calls— Reserve Bank N.Z.—£2 a share June 1