COMMERCIAL.

Press, Volume LV, Issue 16701, 9 December 1919, Page 9

COMMERCIAL.

• i ITETALS. CBy Cxb!e—Press Association—Copyright.) (Australian and K.Z. Cabla Ateociation.) I (Received Dee*.-mb<»r Btb, 9.50 p.m.) j LONDON, Dcoembcr 5. Copper—Spot £101 2s Cd, forward £102 12s fid: electrolytic ingots £lf®, wiro bars £110, Lksl sclorrticd copper £108 10s. j Ljikl—Spot £40 2s Gd, forward £40 ss. SpeHcr— Spot £51 l&f, forward £52 6s. Tin—Spot £298 12s Gd, forward £300 2e Gd. Silver—"<9d per ounce. STERLING EXCHANGE. WASHINGTON, December 4. OTkA. doc lino in the sterling ezebaoffo is a-ttributcd. to a general belief that the United States Government will not assist in the stabilisation of the exchange. VICTORIAN WHEAT HARVEST. MELBOURNE, Dooomber R In tho Assembly tho Hon. D. S. Oman, UiniiUsr of AgTiculture, estimated that the present >?heat harvest would yield 11,000,000 bushels in exceas of reqniremonU). LONDON WOOL SALES. Tho New Zealand Loan and Mercantile Agency Co., Ltd., advise having received tho following ouilotrram from London under da to December 2nd"London wool sales liaro opened. Merino wool is par to 5 per ceut. liiffhp.', and coarse crossbreds o per ccnt. lower. Other sorts oro unchanged." CLEARING SALE. The N.Z. Farmers' C'o-on. AitsociaUon, Ltd.. in conjunction with M. Brtic®, bold ;i cioaring l salo st EiiMUm on i'Tiday on liohalf of Mr Geo. Husband. The following were the principal sales made:—s6 dry owes »t l&s Id. IJ> cows in pro6l. at £10 10s to £21 ]. r w (average £13 lis). Shorthorn buil £13 lf>«. store heifer £3 lae, 3 horse* st £2t 10s to £10. ASHBCRTON HORSE FAIR. T'no National snd: Agency Company Ijtd., held a successful home fair at the Arcade, Ashburton, on Saturday, whoa .ho followios prices were realised:—Draa(thto £13 to £2J. spring carteto £Z> 10s to £16, hacks £R 10s to £10. N.Z. LOAN AND MERCANTILE AGENCY CO. (rBKSS ASSOCIATION TEI.EGRAM.) AVELLINGTON, lJeccrober S. Tho New Zealand Ix>an and Mercantile Agency Company has reocircd a oailo nicefrom its London otiioe intimating that the company will hold its annual meeting in London on Deoembcr 16th. After osrryinff j forward £13,000 to tho General Reserve Ac- ; count, wntins £10.000 oS the promifics, ap£10,000 to the stall Booeroleot Fur.d, nnd the payment of an interim dividend on preference and. ordinary stock, the directors recommend tl:o pftynwnt of iv final dividend of ajper cent-, (making 1 5 par cent, for the year) on prefcrenco stock, and a final dividend or 3i per cent, and a bonus of 3 per cent, (making S per cant, for the year) on onJinary stock, aJeo 2i p*r cent* divid*>nd on pTeferenoo and 3* per cent, dividend and 2 per crnt. bonus on the ordinary t.a'.v i&sue stock, fill le«s English irvcomo tax. This leaves £26,745 17s Bd to ttJ carried forward to tbo Reserve Fund, which now t t.-.r-d£ at £375,000. CHBISTCHUECH STOCK EXCHANGE. YESTERDAY'S TTTANP ACTIONS. ?a> reported: —Chr;»:ch-jr< h <»ae, £C ! I*. LATEST QUOTATIONS. Buyer*. Sellers. £ s. d. £ *. d. DEBENTURES— N.Z. Govenunent 4J p.c. bonds (1938) .. 9S 0 0 — N.Z. Government lase. MOO i BANKS- , ft Australia ~~ J 2 Commercial of Austr»>J* ,30 Union of Australia .. 13 0 0 — INSURANCE— Standard ..310 - LOAN AND AGENCY— G<-'ld»brongh Mort (Mcl.l 2 G 0 SHIPPING— ... „ _ . Htiddart-Parksr 2 8® - 10 0 Union (3} p.c. cum pref.; — 114 COAI -- u Taupiri .. -• - 1 ! Wcstport 3 11 0 Westport-Stockt/m '8 p.c. ion cum pre?.) 0 10 ! Mt. TorVnsm Colliery — 0 13 6 WOOLLENS— „ e , Kaiapoi .. •• 9 0 0 0 8 0 GAS ~ c -i r Chrintchurch •• o ii u BREWKRIES— , „ I Crowe .. - ~ llo'O Manning •• ~ 4 » 0 ! CEMENTS— Golden Bar .. .. 0 19 6 — MISCELLANEOUS— Colonial Sugar .. — 25 o 0 X./«. Drap Co. .. S 15 6 N.Z. Paper Mills 1 10 B 1 11 G Whitoombe snd Tombs 7 0 0 — MINING— Talisman — (> 10 Q Waihi .. " 2 It 0 AUCKLAND) -T')CK KZCHAXO:-:. <-rr.-i\L io •■Tnr. press. ) | ACCKTjAND. Dencinner S. I Lttea: quotatiias:— Baiik of New Zeaiarl,

fillers £13; Naiional Insurance, nellors £S 6*, Vnijcre £7 3s; New Zealand iMrarmnos, sellom 22t, 3d, buyer* 31« 3d; Sooth British li>ruraDce, Boilers £3 17a 6d; New Zealand and Rivor Plate, oellers 465, buy»u» 43a; Loan and More an t ilo, rollers £130; Loan apd Mercantile (preferred), buyer* £03; IVupiri CoaJ, tellers lis Oil, buyers 17b 1<1; Wostport Coal, Micro 31s 3d; Hudd art-Parker. sellers 49a {<], buyers 4fis Cd; P. aud 0. (deferred flock), sellers £(W>o; Union Steam (prsf.), sellers 21s Gd; Kaispoi Woollen, sellers £9 10s; Kaiapoi Woollen (preference), sslleis £8 as; Colonial Sugar (Australia), seller* £25 15s; Colonial Sußar (Fiji and New Zealand), buyers £20 5s 4d: N.Z. Hcfripwalinjr. sellers 41a; N.Z. Refrigerating (contrib.), sellers W» fi-J, buyora !)d; Wj!-on's Now Zealand Portland Ccmwt, sellers 2os 7d, buyer* 255; "War Loan, 1030, buyers £96; War Loan, ]9.' iB, sellers £35 IS*: W.ir Loan, 1941, sellers £13; Inscribed Stock, 1927, buyers £81; Inscribed Stock, 1338, buyers £95. DUNEDIX STOCK EXCHANOR Cpress association tklbsram.) DUN ED IN. December 8. •Salos <m 'Change:—Man at Lye]l 27a Id, Papuan Products 2a Gd. Sale reported:—Huddarl-Paricar (onL) 4fts. Luinet quotations: - liwuiman Consolidated, sellers 10« Of; Waihi, buyoi* 49a,miliars 61s; Waili? Grand Junctions, butlers 14a; Mount Lyeil. 27s Gd; National Bank, buyers M 12s Gd, sellers £G 18s; Bank of New Zealand (£G 18s 4d paid), sellers £10; Baok of Now Zoularid (£3 6s 8d paid), £14 19s; Union Bank of Australia, sellers £18 8a; National Insurance 00, buyers £S 13s 3d, eollcr* £3 10s; Kew Zealand ItTOranoe, buyers 31«. sellers 82s; SUodaxd laaurama, buyers Gs; P. and 0. (Deferred), bujws £000, sellers £630; Union Steamship (pret), buyera 21s 3d; Huddajt-Parlee* (oixLJ, Limm 6d, sellers 49s Cd; Westpoxt Coal, Bailors 81s 6d; Brown. Ewins (onL), bastes 06* 8d; Brown, Ewing (prcli), buyers SD»: D.i.C, ford.). buyers 2* Od premium; DJ.C. fpref.), buywrs 21s; Goldabrtmffh Mart, bnjera 465, sellers 47s fld; Wright. Stepbeosaa (ord„ buyers £9 16s; Dominica Bobfear, buyer* 41s fid, sellers 42s Gd; Domeh/a Bope sad Twine, sellers «s 8d; Pnaodia hytnrai ' Trims, buyers 20«: New Zealand HefrigeraU inp (10s paid), sellers 31s 3d; Canterbury M«at Co. (ord.), buyers CIS 10s; South Outgo Preezibß sellers 12S*; Central Otw> Preserrfu, sellers AGs •d; Braoo Woollen O*. buyer* 44« lid; McLeod Bros. Soap, buyer* £i: is*; New Zealand Papor Mills, buyer* 30«; Now Zealsad Drug Co. (4flfe paid), buy em 55s ; OU«i) DaOy Tin**, sellers 525; Papuan Prodneta, buyees 2s M. «•!!«» fid; New Zealsnd Sugar of M3fc, buyers 435; McOsxin snd Co., buyers 06a; Eclipse Petrol, sellers 3*- New Zealand Government *sr lwndf, 4 J per cent. QS3B), baymn £95.