LATE COMMERCIAL!

Sun (Auckland), Volume II, Issue 438, 21 August 1928, Page 13

LATE COMMERCIAL!

SOUTHERN EXCHANGES TO-DAY’S SALES Press Association. Wellington.—Reported: National Bank ol ]\ew Zealand, £7 6s. Christchurch.— On ’Change: Glaxo 6i p.c., 1945, £9l; Bank of Adelaide, £9 13s 6d; Union Bank of Australia, £ls 3s; Goldsbrough Mort, 51s, 51s 2d (two pels.) 51s Id; Mahakipawa, 3s (two pels.). HIGH PRICES FOR CALF-SKINS AUCKLAND VALUES Calfskins reached the highest local levels for a number of years at the Auckland hide and skin sale this afternoon, best grade lots making up to 19d a lb Hides were firm at late rates, with a slightly better demand for second grades. Sheepskins were very firm and met witli keen competition. Three-quarter to full wool skins, fine, made to lOiJd; medium, 14d to Isd; coarse 12cl to 14d; half-wool, 12d to 13£d; short and shod, 9d to 12d; lambs. 12d tod 15?.d; salted, extra large 13s 9d, large lOd'to Ld: small, 6s to 10s. Heavy ox hides made to 113 d. light and medium lid to Had. Cow hides made up to lid Best grades of calfskins made up to loui FOREIGN EXCHANGE RATES (United I*.A.—By Telegraph — Copyright) (Australian and N.Z. Press Association.) (United Service) Reed. 11.5 a.m. LONDON, Monday. Foreign rates of exchange on August 20, as compared with par rates, or as averaged first half of 1914, are:— Aug. 20. Aug. 16. Par. Brussels, fr. . 34.90 34.90 25.22.1 Paris, fr 124.15 124.2 S 25.22.1 Stockholm, kr. 3 8.14 18.14 18 12~ Oslo, kr 18.19 rS.ISA 15.’12 Copenhagen, _ k r- 19.19 18.19 18.12 Berlin, rm... 20.36 20.36 Rome, lire . 92.82 92.51 25.221 Calcutta, pee. IS 17 22-32 24 ” Yokohama, p. 22 3-16 22 1-S 24 43 Hong Kong p. 241 24i 24' Montreal, dol. 4.85 1-16 4.50 1-S 4.566 New York, dol. 4.85 11-32 4.55 11-32 4.866 Amsterdam, fl. 12.10 12.101 12.107 Batavia, fl. . . 12.111' 12.11 i TARANAKI OILFIELDS, LTD. Press Association. GISBORNE, To-day. The Taranaki Oil Fields Company, Limited, reports: Gisborne No. 1 well: Cleaned out to 3,000 ft.; 61in. diameter casing to 2,997 ft. Gisborne No. 2 well: Drilled to 1.480 ft. in sandstone and shale; lOin. diameter casing to 1,463 ft.: running short time owing to rearrangement of drilling crews.