COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 18961, 11 March 1936, Page 15

COMMERCIAL

LONDON FRUIT MARKET APPLES IN GOOD DEMAND The .High Commissioner’s cable message front Loudon received by the Department of Agriculture on Monday reports on tlie fruit markets as follows; “Apples.—There is a good demand. Prices: Californian Newtown and Washington Jonathan, 8s to 10s; Oregon Newtown. 9s to 12s 6d; British Columbian Delicious, 9s to 10s.

“Pears.—The demand is poor and prices are lower as follow : Californian Winter Nelis, 8s to 13s; Washington Winter Nelis, £s 6d to 8s 3d; South African Beurre Bose, 8s to 8s 3d; South African Keilfer, 6s to 6s 6d.”

LONDON SALES

The London office of the Rank of New South Wales cables as follows:—“There is good competition at the London wool sales. Compared with the last sales’ close, Merino fine crossbred and slipes arc par to' 5 per cent dearer; medium and coarse crossbred, par. Average or estimated prices of New Zealand greasy fleece ordinary top-making wools are:— Merino, 60/64’s, 13d; fine halfbred. 56/58’s, 14id; halfbred, 50/56’s, 11-id; three-quarter-bred, 48/50’s, 9d; line crossbred, 46/48’s. 81 d ; medium crossbred, 44/46’s. BJ>d; crossbred, 40/44’s, Bid.” Messrs. Murray, Roberts and Company have received the following cable tnes sage from London : —“The London sales opened with a good tone, and competition keen, principally from home buyers. Crossbred greasy advanced a shade. Scorned and slipe advanced 5 per cent.” The New Zealand Loan and Mercantile Agency Company have received the following cablegram from London dated March 10:—“There was a good attendance at (he opening of the sales to-day, competition by home and Continental buyers being fairly active, and prices, as compared with the close of the preceding seiaps. ruled about 5 per cent higher, with the exception of halfbred greasy, which was irregular and unchanged.”

The Bank of Australasia- is in receipt of the following cable message from London, dated March 10:—“At the London wool sales, merino was par to 5 per cent dearer; crossbred, all grades par to 5 per cent- clearer, and crossbred lamb, per cent dearer, compared with the dosing rates of last series.”

THE SHAREMARKET . (Pec Tress Association.) AUCKLAND, this day. Sales on ’Change: Auckland Gas, 25s 6d; Tui Brewery, 42s 9d; Union Bank, £9 17s; 'Government- bonds, 1937-40, £lO2, £lO2 ss; Franklin Power Board, 1963, £105: Mortgage Corporation, 4s 6J,d ; Commercial Bank, 20s 5d ; Wilson s Cement, 40s 3d; Bank of New Zealand, 46s 3d; National Bank, 75s 6d; Bank of New South Wales, £34 15s ; South British Insurance, S2s 6d. WELLINGTON, this day. Sales on’ Change; South British Insurance, £4 12s. Reported sales; Union Steam, prof., 26s 4d; Skippers, 2^d; Nat ional Tobacco, 665. CHRISTCHURCH, this day. Sales on ’Change: Commercial Bank of Australia, 20s sd; National Bank of Australasia, £5 paid, £7 12s; Bank of New South. Wales, £34 12s 6d (2); Union Bank of Australia, £9 15s 6d; New Zealand Government 4 per cent. inscribed stock. 1937-40. £102; New Zealand Breweries, 52s 6d (2); Howard Smith, cum div., 16s 8d; Hume Pipe (A'usl.l. cum div.,. 17s; Skippers, (3) ; Woolworths (Sydney), ord., £6 15s (2), £6 14s 6d (2). £6 15s (3). DUNEDIN, this day. Sales reported : Donughy’s Rope, £2 13s 3d; National Insurance, 18s-9d ; New Zealand Refrigerating, eon., 9s 9d; Mount Lyell, £l. 4s 7£d.