COMMERCIAL

Poverty Bay Herald, Volume LXIV, Issue 19365, 1 July 1937, Page 2

COMMERCIAL

BUSINESS SLACKENS SYDNEY STOCK EXCHANGE (Elec, Tol. Copyright—United Press Assn.) SYDNEY, June 30. The Sydney Stock Exchange was steady to-day with a slackening of business. Sales: Union Bank, £lO 17s Gd; Commercial Bank of Australia, £8 7s 2d; Colonial Sugar, £47 15s; Burns, Philp, 74s Gd; Australian Gas “A,” £7 10s; British Tobacco, ex dividend, 50s: Tooth’sssp 9d; Toohey’s, 33s Gd; Goldsbrough Mort, 365; Wilcox Moffin, 13s Mauri Bros., 70s; Meggitt’s, 335; United Provisions, 10s 2d; Woolworths, buyer, £0 18s, seller £7; Mt. Morgan, 12s 4d; Mt. Lyell, 42s 3d; Kuala Kampar, 21s; Rawang, 12s; Emperor, £ls Is 2d; Taranaki Oil, 4s 4d. Sales on the Melbourne Exchange to-day were: Commercial Bank of Australia, 18s lOd; National Bank, £5 paid, £7 7s; National Bank £lO paid, £l4 15s; Dunlop-Perdriau, 22s 7d, pref., 3Gs 9d; Gofdsbrough, 365; Hume Pipe, 19s Gd; Cox Bros., 18s Id; Felt and Textiles, 35s Gd; Kauri Timber. 23s 9d; Mt. Lyell, 425; Broken Hill Proprietary, 81s Gd; North Broken Hill, 72s 3d; South Broken Hill. 49s 3d: Zinc Corporation, £G 10s; Lolotim, 19s fid; Sulphide Gold, 14s Gd. Messrs. Dalgety and Company, Limited, have received the following cable message from London dated June 29: “July wool sales. —Wc anticipate a fair demand, with Merino good and crossbred fine pi'obably par to 5 pci- cent lower, and crossbred medium and coarse unchanged, as compared with the closing rates of last scries.” * COAST CLEARING SALE OFFERING AT TF ARAROA The clearing sale conducted by Messrs. Dalgety and Company on the estate of Mrs. Agnes E. Boyd, Te Araroa, attracted a good attendance of Coast farmers and practically the whole of the offering, except for the land, changed hands. The land, including three acres in To Araroa township, as well as the 181 acres of farm land near the township, did not create much interest, no offers being received. The stock and sundries sold readily at satisfactory prices. The cows, which were rather old and backward, bought from £2 5s to £3 6s. There was a particularly good demand for horses, half-draughts being specially sought after. One broken-in gelding sold at £3O, and yearling half-draughts bought from £G to £B.