FINANCE AND COMMERCE

Taranaki Daily News, 3 December 1930, Page 12

FINANCE AND COMMERCE

WOIIK AT OMATA OIL BORE. Coal, Oil (N.Z.) Ltd. reports tkat at the No. 1 bore at Omata the drillers connected to the broken drillstem and. pulled the bit 26 feet. They are now preparing to connect the heavy drillstem before proceeding with pulling out the stuck bit. - WOOL SALES IN LONDON. ■RECENT PRICES MAINTAINED. By Telegraph’—Press Assn. —Copyright. J London, Dec. 1. At the wool sales 8769 bales were offered, including 1930 from New Zealand. About 7290 yiere sold. There was steady competition for all sections, and prices were maintained. l New Zealand greasy crossbreds, Riverina top, 9Jd, average 8d; Glenary, 83d, average B{d. Bradford is dull and inactive and quotations are unchanged. SHAREMARKET BUSINESS. .Auckland, Dec. 2.—Sharemarket sales: Bank of New Zealand, s?s 9d' (three parcels), 535, 52s 6d; Auckland Ga», -«s 3d; Australian Glass, 27s 3d; Rou son’s Ice Cream, 22s 6d; Waihi Mnimj., 13s lOd; Commercial Bank, 16s. _ Christchurch, Dec. 2.—Sales °n *-• change: Commercial Bank of Austra a, 16s 3d; Bank of New div.), 52s 6d (two parce s); 1J Brewery, 245; Australian G ass ;), 27s Id- British Tobacco, 31s Id, M kipawa, SAd; Okarito, 5s 6d ba e . ported: National Bank 0 < (£5 paid), £5 6s, 8s; Bank of £ e w Zealand (euih. div.), 6d, Cnu . ton Brewery, 245; British Tobacco, uls.