COMMERCIAL

Poverty Bay Herald, Volume LV, Issue 17606, 23 October 1931, Page 9

COMMERCIAL

GENERAL MOTORS SALES NEW YORK, Sept. 8. A decrease of over 15,000 motor cars sold in the month of August as compared -with the sales for the same month last year is shown by the figures published to-day by General Motors Corporation. Sales for last month, including overseas shipments, totalled 70,078 cars. Tho sales for July and August, 1930, were 87,449 and '85,610 lyDalgety and Co. have received the following advice from Loffdon, dated October 22: “London skins and hides Kale. —There was a good attend mice and selection at the sale, and competition was fairly good from home trade and tho Continent. American buyers wero not operating. As compared with the closing rates of last series, fine crossbred combing, medium crossbred combing and good pelted were 15 per cent, higher ; damaged and libby pelts, 10 per cent higher ; low crossbred combing, 10 to 15 per cent, higher; and crossbred clothifig, 10 per cent, higher when sold.’’ Plans are nearly completed, and will be announced very shortly, says the Melbourne Age, for the reconstruction of Union Theatres, Ltd., one of tho largest undertakings engaged in tho motion picture business throughout Australia. Tho (balance sheets of Union Theatres Ltd. /and Australasian Films Ltd., which have been prepared in combined form, exhibit capital at £1,300.000. For the half year ended December 2,7, 1930, the two companies showed a loss of £48,012, and further losses have been sustained since that date. When the reconstruction scheme becomes operative the way will he opened bp for forming an alliance with other largo moving picture interests if such a step be deemed desirable. THE SHAREMARKET (Per Press Association.) AUCKLAND, this tiny. Reported sales: Commercial Bank, 14.; 4d, Waihi, 16s 3d; Auckland Gas, 23s 3d : P. and O. stock, 27s 3d ; Government loan, 1933, 51 per cent., £97 10s; Inscribed stock, 1937, 5J per cent., £99 15s. WELLINGTON, this day. Reported sale: Bank of New Zealand, 445. CHRISTCHURCH, this day. Sales on ’Change : Commercial Bank of Australia, 14s 4d (2); Goldsbrough Mort, 21s 6d (2): New Zealand Refrigerating, 10s paid, 3s lid (2) ; British Tobacco, 24s 3d, 24s Id (2); Cornish Point-, 4d, 414 ; King Solomon, 2s 4d; Golden Point, 10d. Reported salot: Commercial Bank of Australia, 14s 41 <1; Robinson 100 Cream, 16s lid.