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Evening Star, Issue 24331, 21 October 1942, Page 4

COMMERCIAL

BABBITSKIN SALE. The Dunedin Slock Agents and Woolbrokers’ Association reports that approximate,y 61 tons were ottered at yesterday’s sale of rabbitskins. Owing to the faning olf in quality, combined with a slackening in the demand overseas, values as compared with the previous auction rates were, on the average, 6d to 30d iower. Tin; following is the official range of prices;—hirst winter bucks, 86d lo 98d; first winter docs, 84d to 104 d: second winter bucks, 72d lo 90d; first spotted winter bucks, 66d to 82d; first spotted winter does, 72d to 77d; outgoing winter bucks, 53d lo 67d; outgoing winter does, 63d to 70d ; spring bucks, to 41d ; spring docs, 40d to 50.jd; furrier does, 70d lo 82d; stained does, 32(1 to 36d; milky, docs, 12d lo 2-ld; summers, 14d to 16d; winter broken. 28d to 34d; secorid winter broken, 20cl lo 24d; slimmer broken, 12(1 to 16(1; .wilder blacks, 63d lo 72d; second winter blacks, 48(1 to 60d; wilder fawns, 20d to 28d, second. wilder fawns, 14d to 16d; liaroskins, 12(1 to 15(1; horsehair, to 29d. Tlio next sale will lake place on November 3. MINING. Slab Hut Creek.—The return last week was 360 z trom B,osoyds in 121 hours. West Coast Uredges. —Gold atmes of New Zealand Ltd. has issued the following returns of its West Coast dredges tor the half-month ended October 15; Baitytown- 190 oz in 218 hours, from 78.000yds. Kanieri: 3540 zin 203 hours, from 72,000yd5. Arahnra; 4900 zin 256 hours, Horn 950.000yd5. _ SHARE MARKET, Two sales were reported on ’Change this morning, Colonial Sugar at £52 10s, with the market closing at £52-£53, aiid X.C.I. (pref.) at 24s 6d. For this issue a buyer w‘as still offering 24s 6d, with a seller 6d awav. Bank of New Zealand had risen slightly, the quotation being 39s 3d (buyer), 40s (seller). National of New Zealand had a buyer at 45s and a seller at 45s 6d. In the insurance section New Zealand were sought at 71s, and Standard at 66s 9d, both slivlit increases on recent rates. P. and O. Deferred Stock also rose slightly, a buyer offering 365. Meat preserving values were unchanged. In woollens Kaiapoi (pref.) wore wanted at an increased price of 20s 3d. New Zealand Drug were also up at 78s (buyer). The general rising tendency was apparent in mining shares, where_ Bulolo Dredging were sought at 27s 6d, Emperor at 10s 6d, and Mount Morgan at, 7s. 3d. ClnLha River had a buyer at Is 2d and a seller 4d away. REPORTED SALES. ' —This Morning.— 1.C.1. (pref.), 24s 6d. Colonial Sugar, £52 10s. SALES ON ’CHANGE: THIS DAY. Auckland.- —Morning call: Commercial Bank of Australia, 14s 8d; Bank of New Zealand. 40s (2); Union Steam (pref.), 28s; Kaiapoi Woollen (paid), 18s 9d; Colonial Sugar, £52 10s; I.C.T. (pref.), 24s 6d. Unofficial: Silknit, 10s 3d. Noon call: Bank of New Zealand, 40>; United Bunding, 20s (2); Broken Hill Proprietary, 39s 9d; Colonial Sugar, £52 10s; Samlford (pret ). rßs 9d; Stock (1953-57), 3i per cent., £lO3 17s 6d. Wellington.—Commercial Bank oi Austraiia, 14 s 8d (2) Reported: Colonial Sugar. £52 10s; 3 per cent, inscribed Stock (1901-54), 54), £99 10s (2); Nr*/ Zealand Guarantee Corporation (ex dividend), 2s lid; Wellington (Gas, 29s 6d; Huddarl, Parker, 45s 6d. Christchurch. —Broken Hill Pty., 39s 9d. Reported; Kaiapoi Woollen, 17s; Kaiapoi Woollen (paid), 18s 9d; Colonial Sugar, £52 10s.