COMMERCIAL

Grey River Argus, 21 September 1937, Page 7

COMMERCIAL

N.Z. SHARE MARKET. , [Per Press Association]. WELLINGTON, September 20. Sales, morning call: Bank of New Zealand £2 4s dd, Mount Lyell £2 Is 9d. Sales reported: Bank of New Zealand £2 4s 4d, Westport-Stockton ord. 2s, Wilson's Cement £1 0s 6d, Broken Hill £3 16s Bd, Colonial Sugar £46 15s (2), General Industries £l. Sales noon call: Auckland Gas 21s Gd, British Tobacco 495, Broken Hill 76s 3d, Shillings 19s 6d. Unofficial list: Woolworth’s Limited £6 9s. CHRISTCHURCH, September 20. Sales: Commercial Bank of Australia 17s 3d, Broken Hill Proprietary 765, Dunlop Rubber (cum. div.) 22s 3cl, Electro Zinc (ord.) 54s 3d, G. J. Coles 94s 9d, Taranaki Oilfields 6s 9d, Mount Lyell 41s 6d, New Zealand Breweries 495. DUNEDIN, September 20. Sale: 31 per cent, stock 1939-43, £lOl 12s 6d. AUCKLAND, September 20. Sales: Commercial Bank pref. £9 5s Bank of New Zealand 44s 6d, Colonial Sugar £46 15s. Unlisted: Woolworth’s (Sydney) £6 6s. Sales 12.15 call: Bank of New Zealand 44s Gd, Wilson’s Cement 20s 6d.

CHEESE MARKETING. AUCKLAND, September 18. Control of cheese marketing is not contemplated at the moment, although the Government is most anxious to assist in popularising consumption of that product within New Zealand, according to a statement by Mr F. R. Picot, Director of Internal Marketing. 4 ~ Yesterdaj’ and to-day Mr Picot discussed with butter distributors the internal marketing regulations introduced recently by Order-in-Council in the Auckland district. So far prices only have been .fixed, but Mr P lc ®l' hinted that the general scheme would be enforced here in the near future. Representatives of the trade which includes 12 distributing firms, submitted evidence they had obtained to show why they felt that the present administration of the market was so efficient that no Government action should be taken.