LATE COMMERCIAL

Sun (Auckland), Volume II, Issue 474, 2 October 1928, Page 13

LATE COMMERCIAL

SOUTHERN EXCHANGES Press Association Christchurch. —On ’Change: English, Scottish and Australian Bank. £S 17s 'two parcels); Mahakipawa, Is 6d. SHEEPSKIN PRICES DECLINE AUCKLAND SALE V slight decline in the price of sheepparticularly dryx, was noted at the fortnightly hide and skin sale conducted under the auspices of the Auckland Wool Brokers’ Association this afternoon. The greater percentage of the offering of 7eep.skins was passed in. Hides were us° slightly easier. The market for calf "ites hel<l practical, * r on a Pat* with late J’Ull wool fine crossbred skins made to ;medium, to lid ; coarse, to «ur wools, to 9Jd; short and shorn, to damaged, fid to 9d; extra large -' U ed ’ B to 12s Id; medium, to 10s; small, 43 to Ss. heavy ox hides made to 11’ t d; a\y and medium, to 10:Jd; light, 10jd; Ml grades of cow. to 10cL hbcf l , h s av >’ ealf skins made to IS Id; *p.' , 1 * to cut and damaged, I2d t 0 Hid; yearlings up to lid. LONDON WOOL SALES dale October 1, the Xuondon office ows «f ety and Co - Ltd - «*b!ed as 101 - tvooi sales continue. As compared < dosing rates of last series, halfbred 7 l easy is 2d to nd a lb lower; crossbred. ‘T* >F**sy, 2d to 3d lower; crossbred. -frOium and coarse greasy, 2d to 2jd '■wer; halfbred scoured, 2d to -?d lower; m! hred * s °oured. to 3id lower; slipe jutbred. 2’d to 4d lower: crossbred slipe, -» to Sid lower.”

TARANAKI OILFIELDS, LTD

Press A ssocui t io)t GISBORNE, To-day. Taranaki Oil Fields Co., Ltd., reGLborne No. 1 well; Recovered «Aln cuity elPr casin P after considerable diffiGisborne No. 2 well: 1 withal to 1.660 ft in hartl sandstone; lOin diameter caslo* to 1,638 ft. MINING NEWS MAORiland.—The secretary reports; hunn K thf . W eek-end the chairman and owe of the directors visited the mine «rS.J c * re eery' pleased with their inof f? on - They were shown a parcel r -, a,>ou t 101 b of picked stone which was D nt the previous week. The lode worked is still showing in the bare end - an,! there is 60ft to 70ft of .. s 1° the surface. Approximately 12 ",'o the rich ore from this lode is now JKed | n the vel ready for treatment. , the week the men were employed • Breaking down through to the cross- -!“• and have now a safer travelling ~,?/• an d it will also be better for getting . 1 'he ore after being broken. The exact cures: for the ore treated by tire ‘names School of Alines are: One ton of i, 18a ad; 81b picked stone.