LATE COMMERCIAL
WANGANUI WOOL SALE. (Per United Press Association.) WANGANUI, May 18. The third Wanganui wool sale was held this evening, 7500 bales being offered to a good attendance of buyers representing Bradford, America, the Continent, and Japan. Bidding was keen, and distinctly improved prices ruled. Medium crossbred averaged a penny to twopence higher, inferior a penny to a penny-halfpenny, course crossbred three-farthings to a penny, inferior a halfpenny to three-farthings, low crossbred a penny to a penny-farthing, Southdown, a penny increase. The range was: Southdown 15R1 to 16d. Medium crossbred 44/46 average 7d to B£d, inferior 5d to 6£d- . Co |se crossbred 40-44 average 6d to 7fd, Jiferior 4d to Lcf/ crossbred 36/40 average 5d to 64d, inferior 3d, to 4 id. Lambs Southdown 11/12 fine 8d to 9|d, medium 8d to BJd, seedy 2d to sd. Bellies and pieces, good to super, 3d to sd, low to medium l|d to 3id. Crutchingß medium to good 3d to 4Jd, inferior lid to 2id. Locks Hd to 2icL NATIONAL BANK. ISSUE OF NEW SHARES. LONDON, May 18. The National Bank of New Zealand is issuing the first 100,000 of new shares at 150/- apiece, of which 50/- are called up. The price of the issue is 90. They are offered to shareholders in the proportion of one new share to every four held. AUCKLAND STOCK EXCHANGE. AUCKLAND, May 18. Sales:—War Loan, 1939, 94*; Soldiers’ Bonds, 98; New Zealand Inscribed 1938, 94i; New Zealand Insurance, 28/9; National Bank, £5 18/6; Union Bank, £l2 ]6/ 6; Auckland Gas, 22/-; Kauri Timber, 26/6. CHRISTCHURCH STOCK EXCHANGE. CHRISTCHURCH, May 18. Sales reported: Government 4| stock (1939) £94 sa, 5i bonds (1933) £9B, Commercial Bank £1 14s, National Sank cum. rights £5 18s. AUSTRALIAN MARKETS. (By Telegraph.—Press Assn.—Copyright) (Australian and N.Z. Cable Association) SYDNEY, May 18. (Received May 18, 10.45 p.m.) Date, Algerian feed, local 3/11, Tasmanian 3/11 to 4/-, white 4/2 to 4/3. Maize, yellow 5/3, white 5/-. Potatoes, Tasmanian £7 10/-. Onions, Victorian, £8 10/-. ADELAIDE, May 18. Oats, 3/- tc &/L
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Bibliographic details
Southland Times, Issue 19519, 19 May 1922, Page 5
Word Count
339LATE COMMERCIAL Southland Times, Issue 19519, 19 May 1922, Page 5
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