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COMMERCIAL ITEMS

t ... INVESTMENT SfIABES. in investment- eharw. jester* 'day were Bank of New 55ijalartd. (righto), £4 Its. 6d., Metropolitan Bi'iiliiitfg, £.VZ, aadi Wellington Woollen, preference, £3, The quotations lvero as Unto':— • ■ ' • Buycis. Sellers. £ s. it i. s. d. Bank New Zealand rights 4 16 0 5 Q 0 National Bank ■ -- 5 7 0 Wellington Investment.-... ' fi 11' 3 Well. Trust and Loan ... 7 <i 0 — Napier Gas (£10). 15 J5 0 — Well. Gas (£10) 16 5 0 - • Clirislchurch Meat 15 17 6 — Union Steam (pref.) 10 0 — Taupiri Coal lis — WestperkStoekton 0 4 0 Leyland-O'Brien _■ 13 9 — . Taransamutu Totara 2 5 5 — 0. M.' Baliks, Ltd. (£»... 12 3 W.F.O.A. (£1) - 1 6 'D LOAN. ISSUES.. With the issue of the .TasaiiiSaiij loan al! the State of Australasia, cxccpt Queensland, have gone,on th' 6 market in London,and with yaryinK results. AIL the loaflj .were at 4 per cent.; and thii- amounts, issue prices'and subscriptions, show as under Amount. Ptkfl. Suboribsd. StnfP X* O P N.S.W 3.CC0.C00 % 3GG.CC.O Vic I.OCO.CCO 57 4,546,704) N.Z 4,£00,000 190} ZS.KO.COO W.A 2.CCO.COQ SEJ il.cfo.ceo S.A. 2,000,000 lffl I,OOC-,f1(:9 /fas. 1.K0.000 9? JJSuOCCf; ;• Of the six issues .the thre.e floated towards ■the end of January v.cre successful.. At that, period there appeared to lis a strong ■deiiiand for jnvestmerit stoete, and the loans of Victoria, New Zealand, and. West ; Australia, were very largely oveKubaorihetl. Tho subsequent issues, however. have failed to attract investors so much So that, in the ,case of .the South Australian lean, the •underwriters were obliges to find 58 #er cent., and, in the caeo of Ta-snuinia, 75 .per cent. The investment market i : s apnar* ;ently not eo buoyant, as life; success of (the earlier issues seemed to ind-ifiate. Australasia has go far borrowed £RCOO,OCO in London, and more will bo wanted presently. • Customs duty • collected, at the port of Wellington yesterday amounted to £2753 3s. lCd.

FINANCIAL CABLEGKAMS. . By Telegraph—Press London,. M&r'oh. 24. ■ Yesterday's closing . uuotationa were as follow:— Bank of Australasia, buyers.' £118, sellers £118.

' Bank of . Now South 'Wales, buyers i'M. " ; Bank o| Victoria, buyers. £4 10s.. seller's £4 15s. .. ."••• •. Union Bank of Austnftlia, buyers X 55 lfls., sellers £56' ICe. . ■ . i' . NationaL Bank of Australasia, buyers £5 2s. 6d., s?llcr6 £5 ss. National Bank of New Zealand, bxty'er.6 £4 155., sellers £5 se. / Bank of New Zealafiil. buyers £8 iqs„ sellers £9 ss. . . ' ; -S.ti. Loan and JlcrcaWiiie AgeflcJ 4 per cent, debentures, £93. .' . ' •.; Oitjr of Melbourne, 4; SCT ccfit. debentures, £100. - Melbourne Harbour .TfttSt. 4 pof cent, debentures, £93. ' . 1 Melbourne Tramway Tfns't, <i for cent, debentures, £101. Melbourne and Metropolitan Boit'4: of Works. 4 per cent..debentures.. £9S, Australian Mercantile .debentures, £93 10s. Daleety and Co.. 4 par cent debentures. £93. , r Daleety and Co.'s sbarss, bu.ye.r3 £6,25, '6d., eollers £6 76. fid. Melbourne Gas Co.'s debentures, £100. I City.nf Sydney, £99.' Goldsbrough, ll6rt and Co.'s deienturei. £95 10s. . . . ■ Bank of.New Zealand, 4 pet cent, guaranteed stock. £100. , • ■ WHEAT ' • (Sec. Maroh 25, 1045 p.mJ Lon'don ( Uarcb. 25. . . Th;s wheat market is very dull and' prices aro unchahzed. METAL MASKET3, . (Kec. Majch 25, 10,15 Lonflon, Mareb S. Copper.—Spot. £65 7s. ,-Sd.three njonhts, £65 .155.; electrolytic,' £w. ' Tin.—Spot, £176 7s. 6d.; t.hre m&nths, £178 ss. Lead—£l9 103. ' ■MINING'NEWS. - ' WELLINGTON. SHAEB .itAKKET, . The only. business dftne in the mining market yesterday comprised: 56.1 PS of TSiis* man at, 3fis. 9d.,- 365. Sd., *)d., 6d. The quotations are civen below:-- ■ Buyers. • Scitere, - , £s, d. £s. d. Blackwater '. — 0 f-9 9 Con. Goldficids - Cl 7 6 Progress -• 612 6 Boss Reconstructed t f I Swastika, (203.) — 0 1® 0 Saxon • — .010 Talisman : 116 9 l i IB- 0 Waihi '. 2 2 3- - Waihi Grand Junction ... 1 4 9 15 3 Waitangi 0 SI! — STOCK . EXCHANGE. (Br Tdofrash— Prajs A.fooelsitos.l Auckland, Jtarch 25. Sales on the Stock Esch'aige thfe morning wore:— Waihi, £2 3s. 3d., £2 3s. Waitangi,' 16. Bank of New Zealand (rights'), .£3, N.Z. Portland Cement.- iS-i., lis. 9d, Tho following sales wc±e toade at the third call Waihi. £2 3g. Talisman Consolidated, £t 16s. 9d,. '£,1 17s. 3d. Grand Junction. £1 5.-:-, 3d., £1 ss. 6d. Waitanci Consolidated, lid. Saxou. 9d., BJi., Bd.. 7id, Clirlstchurclt, March 25. ' Sales reported:— Progress, llfi. 9d. Eoss Goldtlclds, 3s. 7jd. Duncdin, March 25. Sales 011 'Change:— Waihi. £2 2s. 9d„ £2 2s. 6d. Portland Cement, 12s. 3d.

For Children's Bucking- Coughs at Night, Woods' Groat Feppernltnt. Care, Is. 3d.*

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19140326.2.75.5

Bibliographic details

Dominion, Volume 7, Issue 2017, 26 March 1914, Page 8

Word Count
734

COMMERCIAL ITEMS Dominion, Volume 7, Issue 2017, 26 March 1914, Page 8

COMMERCIAL ITEMS Dominion, Volume 7, Issue 2017, 26 March 1914, Page 8

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