COMMERCIAL.

Gisborne Times, Volume LV, Issue 6141, 27 July 1921, Page 2

COMMERCIAL.

WELLINGTON SHARE. MARKET.

The /following transactions have been received in Gisborne WELLINGTON, July 26.

Inscribed, £B3 os (buyers); Soldier’s Loan, £92 (sellers); Bank of Australasia, £B4 (buyers); Bank of New Zealand, 48s Bd, 495; Union Bank, 2565, 2595; Goldsborough, Mort and Co., 28s Gd ’ (buyers) ; National Insurance, 57s Gd 60s Gd; New Zealand Insurance, 27s Gd (buyers); Huddart Parker, \46s 9d (sellers). —Special.

UNION BANK. NEW ISSUE OF SHARES. July 26, 5 p.m.) LONDON, July 25. The Union Bank of Australasia meeting decided to create an additional £IOO,OOO £ls shades, of which £lO will not bo called up except in the event of the bank being wound up. The chairman said that under the present financial conditions it was difficult. to say when the opportunity of making an issue might arise. It might be in October or spring.—A. and N.Z. c.a. \ FOREIGN EXCHANGE RATE. (Received July 26, 5.5 p.m.) LONDON, July 25. Foreign exchange rates on London are quoted as follows; Paris 46.34 francs to £, Stockholm 17.47 kroner, Christiana 27.43 kroner, Copenhagen 23.43 kroner, Berlin 280 marks, Calcutta lSjjd to rupee, Yokohama 31|-d to yen, Hongkong 32.1 dto dollar, Montreal 4.03 dollars, New York 3.581 dollars.—A. and N.Z.C.A.

HOME MARKETS.

POSITION AS TO MEAT.

The Department of Agriculture lias received the following cablegram dated 15th instant, from the High Commissioner for New Zealand:—Meat Market remains steady and shows little change in price or condition. New Zealand lamb continues in good demand at Is to Is Id per lb for old season’s and Is Id to Is 2d per lb new season’s. Mutton: Fair trade for lightweight under 64 ibs at 8-jd to 9d; 64 lbs to 72 lbs 7-Jd to over 72 lbs, slow trade at 6d to 6sd per lb. Ewes, lightweight, old to 6d; heavyweight, 4!d to 5d per lb. Beef: Prime ox, hinds 6d to 6*d, fores 4d to 4id per lb. Trade slow on account of weather. Argentine chilled, hinds lid. fores-od.