WOOL SALES.

Press, Volume LXIII, Issue 19144, 29 October 1927, Page 12

WOOL SALES.

LOCAL DATES FIXED,

The Christchnrch Woolbrokers' Association havo fixed the following dates s for the coming season's sales:— Sale date. Catalogues close. Nov. <iO. 9 a.m. s>ov 93 .lan. 5, 7_.3() p.m. - Feb. 8, 7.30 p.m. FpliV < Mar. 12, »J a.m. M ar. fi , lookers reserve the. right to alter closing dates according to limitations 1 of tho \\ool Committee. n, e a b ove roster is subject to alterations beim* made in both time and date and to fixtures being, altogether withdrawn. COMBINED BUYERS, LTD. PRESS EXCLUDED FROM MEETING. [THE PRESS Special Service.] WELLINGTON, October 2S. , , At the annual meeting of Combined Buyers, Limited, to-day, there was considerable difference of opinion i amongst, shareholders on the question of the exclusion of the Press from the proceedings. Several speakers contended that the company might suffer as the result of undue publicity, while several South Island shareholders stated that tho only information they could get regarding the company's operations was through the medium of the Press. On a show of hands being taken the motion to exclude the Press was defeated by an overwhelming majority. Tho chairman (Mr G. A. AVallis) demanded a poll, and when this was taken announced that the motion had been carried. Mr T. H. Caverhill (Christchurcfi): Give us the figures. The chairman: I do not intend to disclose the figures. Mr Caverhill: That's the reply we wanted from you. The Press then withdrew. ARGENTINE MEAT WAR. I AGREEMENT REPORTED. j (BY CABLK--PHESS ASSOCIATION— COPYRIGHT.) (AUSTRALIAN AND N.Z. CABLE ASSOCIATION.) (Received October 2Sth, 10.5 p.m.) LONDON, October 28. The "Financial Times" is informed that an agreement has been reached to ena the Argentine meat war. It is hoped companies will be on a profit earning basis by December. BANK OF ENGLAND RETURNS. (by cable—press association—copyright).(australian and n.z. cable association.) LONDON, October 27. The following are the Bank of England returns for the week ended Wednesday,— Issue Department. £ Note circulation .. .. 135,772 000 Notes in reserve .. .. 34,'264,'000 Total .. .. 170,036,000 Government debt .. .. 11,015,000 Other securities .. .. 8,785,000 Gold coin and bullion .. 150,286,000 Total .. ... 170,036,000 Banking Department. £ Proprietors' capital ' .. 14,553,000 Rest .. .. 3,109,000 Public deposits .. .. 28,966,000 Other deposits . . .. 96,745,000 Seven-day and other bills .. 2,000 Total .. .. 129,475,000 Government securities .. 40,688,000 Other securities .. .. 52)998,000 Notes in reserve .. .. 34,264,000 Gold and silver coin .. 1,524,000 Total .. .. 129,475,000 Proportion of reserve to liabilities is 32.00 per cent. Short loans axe quoted at 3i per cent., three months' bills at 4 5-16 per cent. GOVERNMENT SECURITIES. LONDON, October 27. The following are the lateßt quotations for Government securities compared with the prices ruling last week:"!— Last week. This week. £ a. d. £ 6. d. Imperial Consols, 2§ px 55 12 G 55 7 6 War Loan, 5 p.c, 1929-47 .. .. 99 18 9 100 2 A War Loan, 3J p.c. 19125-28 .. .. 102 17 6 Conversion Loan, 8j p.c. .. .. 76 7 6 76 12 6 Commonwealth, 8 p.c., 1931-41 .. .. 103 2 6 103 2 6 Commonwealth, 5 p.c, 1945-75 .. .. 99 0 0 100 7 6 New Zealand, 6 p.c, 1936-51 .. .. 108 0 0 106 5 0 New Zealand, 4 p. 0., 1929 .. .. 97 10 0 97 12 6 New Zealand, 3} p. 0., 1940 .. .. 87 7 6 87 7 6 New Zealand, 3 p.c., 1945 .. .. 77 15 0 77 15 0 New South Wales, 6 p.c., 1930-40 New South Wales, 5J p.c, 1922-32 New South Wales, 5 p.c New South Wales, 4 p.c, 1933 New South Wales, SJ p.c, 1930-10 .. Now South Wales, 3 p.c, 1935 .. Victoria, 5J p.c, 1934-40 96 0 0 95 16 0 Victoria, 6i p.c, 1921-26 100 16 3 100 10 0 Victoria, 3 p.c, 1929-49 72 5 0 72 10 0 Victoria, 5 p.c, 1932-42 99 2 6 98 17 6 Victoria, 8 p.c, 1920-40 77 5, 0 77 7 6 Queensland, 6 p.c, 1930-40 .. .. 102 17 6 102 17 6

Queensland, 3§ p.c, 1030 .. \. 94 15 0 96 0 0 Queensland, 3 p.c, 1922-47 .. 72 5 0 73 5 0 South Australia, 64 p.c, 1930-40 ~ 103 15 0 103 W 6 South Australia, 34 P. 0., 1939 .. .. 85 IS 0 85 12 6 South Australia, 8 p.c, 1916 or after .. 62 10 0 63 10 0 West Australia, 6 p.c, 1930-40 .'. .. 102 12 6 102 12 6 Test Australia, 3J p.c, 1920-35 .. ... 88 5 0 88 2 8 West Australia, 3 p.c, 1915-35 .. 85 10 0 84 IT 6 Tasmania, 6§ p.c, 193040 104 10 0 105 0 0 Tasmania, 31 p.c, 192040 .. 84 7 6 84 17 6 Tasmania, 8 p.c, 192040 .. .. 78 0 0 78 15 0 FOREIGN EXCHANGE RATES. ! LONDON, October 27. i The exchange rates on London are as follows: n . Par. Oot. 24. Oct. 27. Fans, fr. to £1 .. 21.221 124.05 124.05 Brussels, belgas to £1 5 34.99 34.98 Oslo, kr. to £1 . 16.159 18.49 18.51 ocponhagen, kr.toXl 18.159 18.17 18.17 Stockholm, kr. to £1 18.159 18.08 18.09 Amsterdam, fl. '.. 12.107 12.19 12.09 lierhn, Reichmarken », *? £1 •• •• Montreal, dol. to £1 4.86J 4.841 4.86 5-16 Now York, dol. to £1 4.8&f Yokohama, st. to yen 24.5 22 31-32 0215-16 «ome, fire to £1 .. 25.224 89.10 89J Calcutta, sttorpe. 15 to gold £ „ „ 17 31-32 17 31-32 Hong JTong, otto dol. • 241-16 24 1-16 £ atavia •■ •fiague, kroner to £1 Governed by price of silver. NAPIER HARBOUR LOAN. ... 4 ■ LONDON, Oclobar 27. Applicants for the Napier Harbour Board oatfonT 6re allott€d 50 P er cent - ot the »PP U " B ' 1 «* dettlfajge »aefae4 Jfr pwmlan.