COMMERCIAL.
N.Z. AND A. LAND CO. By Telegraph—Frew Association—Copyright. Australian and-N.Z. Cable Association, (Received October 28, 10.55 a.m.) LONDON, October 26 The Now Zealand and Australian Land Company will pay final dividend on ordinary shares of 5 per cent. J . DEICE OP TEA REDUCED. [Pek Press Association,] a 1.7 ,■. AUCKLAND, October £B. Auckland tea dealers are making ‘‘a further reduction of «d per lb. in the prices of aH grades of tea, A dealer said the drop was puro.y a local matter, and was the result Q1 the exhaustion of stocks acquired bv rnnJvM aniß a - 4 % hjl E hcr rates existing- somo months ago. The position in Ceylon had not changed, although the rupee was steadily coming down. J THE Hipi~SALES. • [Per Press Association.] V ' ri4i 'AUCKLAND, October 28. i j l7 . fj 8 business was done at the Auckland hide sales, most of the lota bomel passed in. Prices showed a further droir compared with last week’s rales of about lid per lb tor heavy ox hides. * Offerings for other classes .of hides were from Jd to Id per lb lower. Kip and yearling skins itere practically unchanged. Extra prime light calf skins so.d up to 23d per lb, STOCK EXCHANGES. CHRISTCHURCH. Following are the latest quotations:—
Buyer*. Seller*. DEBENTURES- ’ a a ft d N.Z. Government ih . per cent Inscribed. 1938 , . N.Z. Government 4) 03 0 0 . per cent Bonds. 1938 ... BANKS93 0 9 Australasia . , New South Wales , 68 S3 0 5 0 o Union of Australia . 19 1ft 0 LOAN AND AGENCY— Dalgety and Co. . n in o Goldsbrough Mort. . 1 16 0 2 0 6 SHIPPING-Huddart-Parker S 8 0 2 9 ft P. and (J, Deferred Stock . . 39C 0 0 420 0 0 Union (6J per cent. cum pref.) , , 0 19 9 COALWestport , , , 1 0 0 BREWERIES— Crown . . , 1 15 6 CEMENTSWilson’s (N.Z.) Port- ■ land . 0 16 e . Ley land O’Brien 1 15 6 MISCELLANEOUS— Cant. Publishing Co. 1 0 0 1 2 6 Henrv Jones Co-op. . 2 0[ 6 N.Z. Farmers’. Co-op. .(£2 paid) , . . .2 6 6, MINING— ... Talisman . , , 0 7 6 Waihi , , 1 19 0 Waihi. Grand Junction 0 9 a
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Bibliographic details
Star (Christchurch), Issue 16259, 28 October 1920, Page 8
Word Count
357COMMERCIAL. Star (Christchurch), Issue 16259, 28 October 1920, Page 8
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