COMMERCIAL.

Star (Christchurch), Issue 16507, 18 August 1921, Page 8

COMMERCIAL.

THE -WOOL POSITION. A SATISFACTORY CONFERENCE. By Telegraph—Pres. Association—Copyright. Australian and N.Z. Press Association. (Received August 18, 1.55 p.m.) LONDON, August 17. Mr Hughes conferred with the executive of the Wool Federation privately. A statement subseqxiently issued to the Press states that the various matters affecting both the Bradford trade and the wool producers of Australia were discussed. It was felt that Mr Hughes had rendered a great service in stating the position of the wool growers, but members of the federation thought that Mr Hughes had not previously realised tho circumstances and problems which obtain here. One of the objects of the conference v.as to prove that the interests of growers and those of buyers wore inseparable. The intention of the conference has been amply justified, and has resulted in a better understanding of each other’s difficulties. Both Mi Hughes and the members left the conference with strong hopes of closer cooperation and of good permanent results in tho future.

STOCK EXCHANGES.

OTHER EXCHANGES (Per Press Association.’l AUCKLAND, August 18. Sales on 'Change—New Zealand Insurance, 295; South British, 35s 6d; Waihi, 21s; Grand Junction, 9s. WELLINGTON, August 18. Sales reported—Bank of New Zealand, 495; Union Bank of Australia, £l2 7s; Wellington Woollen (ordinary), £3 10s (cum dividend). Sale on ’Change—Bank of New Zealand,

CHRISTCHURCH The following are the late st quotatio ns: Buyc Sellers £ d £ d \'.Z. GOVERNMENT STO0Kp.c. Inscribed, 1938 83 10 0 84 0 0 4* p.c. Bonds, 1938 . -IJ p.c. Bonds, 1930 . 83 10 0 87 15 0 5 p.c. Bonds, 1930 . 90 10 0 5 p.c. Bonds, 1927 . , 91 10 0 6 i p.c. Inscribed, 3933 92 0 0 92 2 6 p.c. Bonds, 1933 BANKS— 92 0 0 Australasia National of New ZeaSS 0 0 89 0 0 land 10 0 5 12 0 New . Zealand 2 8 9 9 3 Un-'ff-n of Australia INSURANCE— 12 7 6 12 10 0 National 3 1 0 New Zealand 1 9 0 1 9 3 South British 1 15 0 1 16 0 LOAN AND AGENCYGold«brough M&rt. (Melb.) 1 9 6 1 10 6 SHIPPING— H uddart-Parker FROZEN MEAT— 2 5 6 Canterbury Gear . . . N.Z. Refrigerating (£1 11 0 b 1 12 3 N.Z. Refrigerating (30s 1 12 0 paid) 0 16 0 16 G WOOLLENS— Kaiapoi (£1 paid), 1 5 0 Kaiapoi (10s paid), cum div. 0 12 9 GAS— Auckland (contr., 1 3 G Christchurch Timaru 5 8 6 7 a 0 CEMENTS— Wilson’s (N.Z.) Port0 16 0 Mi SCELLANEOUS— Beath and Co. . Canterbury Farmers’ 1 3 6 1 5 0 Co-op. (Timaru) Henrv Jones Co-op. 2 11 6 (Melb.) 1 12 0 N.Z. Farmers’ Co-op. (£2 xiaid) . N.Z. Farmers’ Co-op. 1 12 0 2 0 0 (6 per cent cum. pref.) 4 12 6 UNLISTED COMPANIES— Havward’s Pictures MINING— 0 14 0 Waihi Grand Junction 0 8 6 0 9 3 Sale reported—Union Bank of Australi a, £12 7s 6d.