COMMERCIAL.

Grey River Argus, 10 December 1928, Page 2

COMMERCIAL.

STOCK AND SHARE MARKET. AUCKLAND, December 7. Sales: New Zealand Breweries -’5/4; Cojlouial Sugar £59. lieporteu: Waihi 14/8; Northern Steam 13/3; Union Bank £l5/10/-; Bank of Australasia £l4/14/-; Electrolytic Zinc, ord. 35/3. WELLINGTON, December 7. Reported sa|-s; English, Bcottisn, and Australian Bank £B/11/, National Bank of New Zealand £7/3/- (cum). NATIONAL BANK DIVIDEND. WELLINGTON, December 7. The National Bunk of New Zealand has received a cablegram from Lou don advising that the Board of Directors has declared an interim dividend of 12 p.ir cent per annum for the ha.i year ended September 30 last. Thl? is thu same as for the corresponding period last year, and, will be paid in the Dominion on January 5. In consequence of the death of Mi 1 G. . Mclntosh, Mr J. T. Grose was' then appointed general manager m stead of on January 1 nt-xt. the date onwhich Mr Mclntosh 'was to hav. retired. AUSTRALIAN LIGHTERING CHARGES. REVISION OF FREIGHTS PENDING LONDON, Ded labor 6. It is understood that the shipping companies for some time have been endeavouring to obtain a reduction in the h'eavy costs of handling steamer!, in Australia, notably lighU-Tina-charges, and have been in communication with the Commonwealth Government in that connection. If it is found impossible for the. companies to- obtain any amelioration 'of the present oppressive conditions, the question or a revision of freights will further be considered.