COMMERCIAL

Poverty Bay Herald, Volume LXIV, Issue 19373, 10 July 1937, Page 8

COMMERCIAL

ACTIVE AND FIRM SYDNEY STOCK EXCHANGE SYDNEY, July 9. - •The sharemarket continues to be active and very firm, witli Electrolytic Zincs in demand. Sales: Bank of New South Wales, £5 12s (id: Commercial Banking. Sydney, £22 Is; Colonial Sugar, £4B 7s (id: Colonial -ugar, London delivery, £4B 7s (id; National Bank, £5 paid, £7 10s: Burns hilp, 78s (id; British Tobacco, 49s 9d: Tooths, 55s lfBd; Dunlop Perdriau, 235; Henry Jones, 48s; Waldas, 17s 'Old; Nestles, pref., 345; Electrolytic Zinc, (ils; Electrolytic Zinc, pref., 00s; Farmers, 355; David Jones, 4.3 s ,3d: General Industries, 21s: Mt. Morgan, 12s (id; Mt. Lvcll, 42s Od; Zinc Corporation, £0 10s; Kuala Kampar. 21s: Rawang, 12s 7d; Milim Nawar, 12s; Emperor, 14s 3d. There was a fair turnover on the Melbourne Exchange to-day, with bonds and industrial stock generally tead.v. Barriers were easier, gold shares irregular and Fijians bettor. Sales: National Bank, £5 paid, £7 10s: National Bank, £lO paid, £ls 4s; Huddart Parker, 38s (id; British Tobacco, 19s 9d: Coles, £5 8s; Australian Glass 935; Dunlop Perdriau, 235; Goldsbrough Mort, 35s Od: Fell and Textiles 38s; Electrolytic Zinc, 595; Electrolytic Zinc, nref., 59s 9d; Mt. Morgan, 12s Od: Mt. Lyell, 42s Od; Broken Hill Proprietary, 83s 3d; North Broken Hill, 7 4s 9d; South Broken Hill, 495; Emperor, 14s Od; Loloma, 19s lOd.

WINTER WOOL SALE 2300 BALES AT NAPIER The Napier winter wool sale was held yesterday, when there was an offering of 2900 bales, mainly crutchings, although a few lines of fleece wools were included in the sale. There was a large attendance of buyers, representatives of all consumers, including New Zealand manufacturers. Prices were firm on recent rates. The New Zealand Loan and Mercantile Agency Company, Limited, report as follows:—“The July crutching sale was held in the Scinde Lodge, Napier, yesterday, when a total catalogue of approximately 2500 bales was submitted to a representative bench of buyers. Competition was keen, and prices compared as follows with tiie previous sale at Wanganui on Wednesday, July 7:—Best coarse crutchings wore about Id dearer, whilst seedy and inferior sorts were also Id dearer. Fine crutchings showed little or no change. The crutchings in this centre opened up in better condition than Iho Wanganui entry, and this, no doubt, accounted to a large extent for the slight rise in prices. Several super lines of crutchings were included in the entry, and these commanded excellent prices, but the bulk of the offering was made up of from good to seedy and inferior sorts. The United Kingdom, Japan, America, and the Continent, as well as the local speculators, were all in the market, accounting for the keen competition, and the major portion of the entry was sold under the hammer at satisfactorw prices. We quote: Super crutchings, 15d to 15Ad; good, free from seed, Md to 14.U1; ordinary, 12L1 to I3d; seedy and inferior, lOd to “lid.”