COMMERCIAL

Evening Star, Issue 17959, 4 May 1922, Page 9

COMMERCIAL

NEW SOUTH WALES LOAN. "London, May 3. (Received May 4, at 10.30 ».m.) A New South Wales loan of SS,CCO,OuO, •benring interest at 4-i p«r ''out., ana wsneo at SOS, has been underwritten. TAB TIN MARKET. LONDON, May 5. (Received May 4, at 10.30 a.m.) Tin s Stocks, 21,244 tons, of which 1,526 tons are cm spot and 030 afloat. Ihe d»Uveries during April were 2;oß<i tons.— A. and N.Z. Cable. woLT^nLiiToN. Messrs Dalgaty and Co., Ltd., report having received the following cabm from their head office, dated London, May 2: “ Wool sales opened; the- number of buyers is large; competition animated; average releotion. As compared witn last salon closing rates, merino wools (super and groaay), par to 6 pot rent, eigne r; merino wools of other descriptions, 5 per cent, to 10 per cent, b.igiier; advance in prices is chiefly on top-making sorts. Cross-bred wools, fine quality, super greasy, 10 per cent, higher j average crossbred wools, medium quality, greasy, 10 par cent, to 15 per cent, higher; crossbred wools, coarse greasy, per cent, higher; slvpo wools, crijj;-bred, scoured, 5 per cent, higher." SALES ON 'CHANGE t THIS DAY. Christchurch. I —Union Bank of Australia, £l2 18s; New Zealand Refrigerating jlOs paid!, 12a 7d. Sales 'reported!: New Zealand Refrigerating (10s paid), 12tv 10d; Manning’s Brewery (ox div.), £.i ss. Auckland. —Now Zealand Insuranco, 295. Reported sales: Union Bank, £l2 18s 6d; South British Insurance, Sss 3ti{ Auckland Trams (prof,). J.7s 9d; Now Zealand Refrigerating, 12s 9d; War Loan (1938), £92 6s; "War Loan (inscribed), £32 As.