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COMMERCIAL.

WOOL SALES.

Messrs Daig&ty and Company, Limited. Umstchuion, hare received the following cable message from their London Office, dated July 25:—W00l sales closed firm. As compared with last sales’ closing rates good to fine quality Merino wools are 10 per cent, lower, averago Merino wools are 10 per cent lower, inferior and faulty Merino wools are 5 per cent to 10 per cent lower. Pine quality Cross-bred wools are 6 per cent lower and medium and coarse quality Cross-bred wools ore 5 per cent to 10 per cent lower. Export' buying was limited. Prance bought 30,000 bales, Belgium 17,000, Canada 4000 .and Italy 3000. Belgian and French buyers were operating freely. The next wool sales open on August 11, when the probable quantity to be offered will be about 70,000 bal.es and on this occasion neutrals, United States and Japan will bo allowed to participate.

STOCK EXCHANGE.

Sale reported.—N.Z. Refrlgcratinig, £i ios. Sales on ’Change.'—N.Z. Refrigerating, £4 10s; N.Z. Farmers’ Co-op (£2 paid), £2 6s Go (two parcels.)

OTHER EXCHANGES. [Per Press Association.] - DUNEDIN, August 5. Sale on ’Change.—Waihi Grand Junction. 13s i WELLINGTON, August 5. Sales on change.—Three parcels HuddartParker, £2 3s 9d AUCKLAND, August 5. Sales.—Huddart-Parker 43s 9d; Wilson’s Cement, 16s 3d; Grand Junction, 12s lOd,

CHRISTCHURCH. The following are the latest quotation* !— " Buyers. Seller*. d d. <3 <L DEBENTURES— , N.Z. Government 4J per cent bonds, 1938 So 15 0 96 5 0 N.Z. Government 4| per cent inscribed . So 17 6 N.Z. Refrigerating 6 per cent . . 101 0 0 "Whitcombs and Tomb*, 5J per cent . 103 0 0 BANKS— National of Now Zealand . . « 10 0 INSURANCE— Standard . , , 2 13 6 LOAN AND AGENCYDalgety and Co. , 12 0 0 Goldsbrough, Moil (Melbourne) 2 6 3 National Mortgage 5 Q 6 5 7 6 SHIPPING— Huddart-Parker 9 8 6 2 4 0 Huddart-Parker (6 per per cent cum. pref.) 1 1 3 FROZEN MEATCanterbury 11 T 6 N.Z. Refrigerating 4 7 6 4 15 0 COAL-;-Taupiri ... 0 19 0 "Westport ... 1 9 9 G'AS— Christchurch G 10 0 MISCELLANEOUS— Beath and Co. 112 0 British Tobacco (Aua» tralia) 2 0 0 Burns Philp (Sydney) 1 1G 6 Colonial Sugar (Fiji end N.Z.., 6 per cent pref.) ... 20 £ 0 Eclipse Petrol (fully paid) ft 0 0 Mason, Strothers (14s paid) 0 17 0 N.Z. Drug Co. 2 IS 5 N.Z Paper Mills 1 8 Whitoombe and Tombs 6 5 0

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19190805.2.93

Bibliographic details

Star (Christchurch), Issue 12711, 5 August 1919, Page 6

Word Count
401

COMMERCIAL. Star (Christchurch), Issue 12711, 5 August 1919, Page 6

COMMERCIAL. Star (Christchurch), Issue 12711, 5 August 1919, Page 6