COMMERCIAL

Evening Star, Issue 22087, 22 July 1935, Page 10

COMMERCIAL

PROPERTY SALE. Messrs Park, Reynolds offered at auction to-day, on account of Mr J. B. M'Callum, who is leaving shortly for Sydney, his freehold property known as No. 39 Park street, containing about 21 poles, with eight-roomed residence and garage. There : was an excellent attendance of buyers, and under good competition the property was sold to a client at a satisfactory figure. '' NEW COMMONWEALTH LOAN. ' } " JPrea Association—By Telegraph—Copyright LONDON, July 21. (Received July 22, at 1.30 p.m.) The new Commonwealth loan will be underwritten on July 22. It consists of £13,469,981 at 3 per cent,, being issued at par ancLdated 1939-41, with the object of redeeming the New South [Wales Inscribed 3 per cent. Stock due for repayment on October 1; also £1,049,868 Victorian 5 per cent., 1935-45, the holders of which can convert. ’ It is pointed out that the New South Wales threes are issued at a discount, hence the new issue will mean a real interest saving, amounting to £36,000 (Australian money) _ per annum. The ‘ lists of cash applications open and close on July 2a. SALES ON ’CHANGE.—THIS DAY. Christchurch.—Anthony Hordern, 20s Id; Dunlop-Perdriau Rubber. 15s 6d (2) 15s 7d. 15s 8d (2): Kauri Timber, 22s 2d; Brian Boru, 2|d; Mount Lyell, 20s, 20s Id. _ , -r, i m Auckland. —National Bank, 68s 9d ; Bank of New South Wales, £32 ss; New Zealand Insurance, 67s 3d; South British, 98s 3d; Dominion Investment, 17s; North Auckland Farmers (B pref.), 10s; National Timber, 14s; New Zealand Refrigerating, 20a 9d; Matakx, Is , Hd; Okarito, 5s 10d; Mount Morgan, 37a; Auckland City (1942, 4 percent.). '£lo3; Golden Crown, 7s lid; National Bank of New Zealand, 68s 9d; Dominion Breweries, 15 s; Consolidated Brick, 10a 7d; Farmers Trading, 7s 2d, R+ock (1937-40, 4 per cent.), £lO2, Auckland Trotting Club per cent.), £103; Woolworth’s (Sydney), 945., . Wellington.— Christchurch Drainage Board (1964), 4i V™ cent., lVs 6d; Kaiapoi (copt.), 6s 6d, New Zea land Refrigerating (10s paid), 9; 10|d, 9s lid; National/Bank, £3 8s 9d (3), Bank of New South Wales, 7s 6d, ■Bank of New Zealand, £2 11s 6di, Inscribed Stock (3| iper cent., 1949-52),