COMMERCIAL.

Star (Christchurch), Issue 19807, 26 November 1919, Page 8

COMMERCIAL.

LONDON MARKETS,

By 'Megraoh—Pres* Association—Copyright Australian and N.Z. Cable Association. (Received November 20, 11,55 a.m.) _ LONDON, November 23. Coton.—December 22,(iCd. Juts.—The market is steady. NovemberDecember shipment £6*2, Homo. Iho market is inactive and unchanged Rubbor.—Para 30d, plantation and smoked 2cgi. Copra.—The market is steady. JanunrvMarch shipment £59. Linseed oil. —955. Turpoirtme.—l26s. WHEAT AND WHEAT FLOUR. REMOVAL OP EMBARGOES. By Telegraph—Press Association—Copyright Australian and N.Z. Cable Association. (Received November 20, 9 a.m.) NEW YORK, November 22. It is announced that tho export and import embargoes on wheat and wheat flour will end on December 16.

MINING DEVELOPMENT. [Pek Press Association.] HOKITIKA, November 25, Importpant developments regarding hydroelectric power from Toaroba-Caiiyon-Koko-tahi district are likely to eventuate in connection with a largo mining enterprise at Kitnu Flat, where a strong American company is taking up dredging. The suggestion is that machinery be worked by electric power generated at Toaroha, The lino will traverse a large agricultural district, and the enterprise is looked upon hero with great satisfaction. Other important mining developments in the North Totemakau district ore also on the tapis.

STOCK EXCHANGES, CHRISTCHURCH. Following are the latest quotations:— Buyers. Sellers. £ s d £ s d DEBENTURESN.Z. Government 4| per cent bonds, 1933 85 10 0 BANKSAusiralasia (cum rights) . . . 136 0 0 140 0 0 Commercial of Australia .... 2U 0 National of New Zwland . . . . 611 0 Union of Australia . 13 1 6 INSURANCE— New Zealand . , 112 9 LOAN AND AGENCY— Goidsbrough Mort. (Mellwurno) . 2 6 9 National Mortgage £ 15 • N.Z. Loan and Mercantile (ord. stock, cum div.) . 121 0 0 N.Z. and River Plato . 3 4 9 SHIPPING— Huddart-Parker . . 26 6 2 7 6 FROZEN MEATN.Z. Refrigerating (20a paid) . 2 4 6 N.Z. Refrigerating (10a paid) . . 14 6 COALWestport (ck div.) , 111 3 WOOLLENS— Eaiapoi . .' , 910 0 GASChvistchuTch . , 613 0 616 0 BREWERIES— Crown . > , 113 6 115 0 Manning ... 460 MISCELLANEOUS— Cooper and Duncan . 013 6 N.Z. Paper Mills . 110 3 N.Z. Sugar of Milk . 30 6 23 0 Papuan Products . 0 2 B Weeks . . .900 Whitcombe and Tombs 617 6 MINING— Waihi (cum div.) , 213 0

Sales reported—N.Z. Farmers’ Co-op (£2 paid) £2 4s Sd. Sales on ’Change—Union Bank of Australia £l3, N.Z. Refrigerating (10b paid) £1 4s.

OTHER EXCHANGES. [Per Press Association.]

DUNEDIN, November 26. Sale on ’Change—Huddart-Parker 475. AUCKLAND, November 26. Sales on ’Change—Talisman 10s fid, War Bonds £96; Inscribed Stock £95 2s fid.