COMMERCIAL

Evening Star, Issue 19797, 22 February 1928, Page 2

COMMERCIAL

SHEEPSKIN SALE. The Dunedin Stock Agents and Woolbrokers’ Association reports as follow: At the fortnightly sales yesterday medium-sized catalogues were offered to a full attendance of buyers. Bidding was very animated, and a total clearance was effected at prices which showed an advance on last sale. Quotations: .Merino—three-quarter to full wool, 15Jd to 16Jd;_ half-bred—three-, quarter to full wool 17-id, half-wool 12i|d to .14 id, quarter-wool 12d to 13d, threequarter to full Hid to 16d ; fine cross-bred—half-wool 13id to 14Jd, quarterwool 11 Jd to ]3fd ; cross-bred—three-quarter to full wool 14£d, half-wool 12d to 12id, quarter-wool Hid to 12d ; pelts —first Kid to Hid. second 7id to lOJcl; lambs—fine cross-bred 14 Id to 15d, cross-bred 13|d to I.4|d; dead and damaged, 12|d to IS^d.

NATIONAL BUILDING SOCIETY

There was a lair attendance of members at tho National Building Society appropriation meeting last night in the Otago Motor Club rooms. The meeting was held for the purpose of disposing of £2.400 by ballot and sale. Mr J. It, Fairbairn was in the chair, and in the course of his opening remarks mentioned that to date the society had disposed of £17,000 in advances to members.

The ballot in No. 1 group resulted in cluster No. 454 being drawn, the shares being held by three members, one member holding two shares and two members one share each.

The appropriation of £BOO in No. 1 group was purchased at £4O per £IOO, and that in No. 2 group at £45 per £IOO. The Chairman explained that these premiums represented 5 3-8 per cent, and 6 per cent, respectively.