COMMERCIAL.

Star (Christchurch), Issue 16471, 6 July 1921, Page 8

COMMERCIAL.

METALS. By Telegraph—Press Association Copyright. Australian and N.Z. Cable Association (Received July 6, 9.35 a.zu.) LONDON, uuly 5. Tin—On spot, 2066 tons; afloat, 1300 tone; stocks, 16,953 tons; deliveries, 1749 tons. WOOL DISPOSAL. Australian anu N.Z. L»u:o Association (Received July 6, 10.10 a.m.) .LONDON July 5. The Yorkshire 44 Observer ” state* that the Canadian Co-operative Wool Growers, who shipped £130,000,000 worth of graded wool to Britain in 1920, have decided to establish a permanent selling agency ai Bradiord. 44 This movement,” says the 44 Observer, 44 should give a pause to the Australian growers' representatives, who are mostly politicians anxious lor populai approval, Irom approaching the surplus wou. problem aoiely from tho viewpoint of endeavouring to screw up values beyond their econnjmc Dealing with a suggestion that B.A.W.R.A. should buy the British Government interest in the surplus wool the paper adds, " Probably something is ufoot needing Bradford's watchfulness. We hope we won t awaken one morning to find that the Government has been influenced by'Mr Hughes h eloquence and pulsating patriotism ana consented to relinquish itß interest m order to allow the Australian Government to consolidate tho ring it would like to create. STOCK EXCHANGES. CHRISTCHURCH. The following are the latest quotations: Buyers. Sellers. £ s. d. £ s. d.

OTHER EXCHANGES. CPbr Prmb Ahhooiation.Tl AUCKLAND, July 6. Sales on ’Change—Bank of New Zealand, ■4.7 a 9d. Reported sale—War Loan <’1938), £63 ss. DUNEDIN, July 6. Sales on ’Change—National Insurance, 5Sa; New Zealand Insurance, 30s (+hree); South British Insurance, 36s and 85s 9<l.

debentures— N.Z. Government 4% per cent Inscribed, 1938 . 63 0 0 N.Z. Government 4$ per cent Inscribed, 1939 . • • 83 0 0 N.Z. Government 4$ 83 per cent Bonds, 1938 N.Z. Government 5 2 6 per cent Inscribed, 1927 . - ; 91 o 0 N.Z. Government 5* per cent Inscribed, 1933 . • • • 91 0 0 91 5 0 N.Z. Government 6 91 per cent Bonds, 1933 91 7 15 0 BANKS— 82 10 Australasia • Commercial of Axistralia - National of New Zea9 8 1 land (exam div.) New South Wales 82 5 0 6 * 9 New Zealand 2 7 3 2 7 Royal Bank of Australia 1 8 0 Union Bank of Aus18 tralia 12 17 3 0 0 INSURANCE— 10 New Zealand South British 1 16 0 1 6 Standard ■LOAN AND AGENCY— 2 5 0 10 Dal gety and Co. . Goldsbrough Hort. 10 0 0 G 9 0 (Melbourne) National Mortgage 1 6 (cum div.) . 3 5 0 SHIPPING— Huddart-Parker . FROZEN MEAT— 2 4 6 2 5 3 Canterbury N.Z. Refrigerating (£1 paid), cum div. N.Z. Refrigerating (10s 10 15 0 3 10 6 16 paid), cum div. 0 15 « 0 3 WOOLLENS— Kaiapoi (10s paid) 0 12 9 CrA «— Christchurch BREWERIES— 3 9 0 6 0 0 1 8 0 1 10 0 W ard MISCELLANEOUS — 1 1 6 Colonial Sugar (Fiji and N.Z., 6 per cent pref.) 10 5 0 Mason, Struthers (4s paid) N.Z. Paper Mills 0 4 0 (right#*) 0 1 0 Whitcombe and Tombs 2 12 0 UNLISTED COMPANIES— Cant. Pxiblishing 0 19 0 1 f> 0