COMMERCIAL.

Star (Christchurch), Issue 16625, 6 January 1922, Page 4

COMMERCIAL.

SOUTH AUSTRALIAN LOAN. By Telegraph—-Press Association—Copyright. Australian .and N.Z. Cable Association. (Received January 6, 9.15 a.m.j LONDON, .January 5. The South Australian .£3,000,000 loan at 6 per cent, which was issued at £96 and i? repayable iu 1930-40, lias been fully sub scribed. DUTCH EAST INDIES LOAN. (Received January 6, 9.15 a.tn.) NEW YORK, January 5. An American syndicate is floating a Dutch East Indies loan of 40,000,000 dollars, with a currency of twenty-lire years, in external 6 per cent gold bonds, the price to yield 62 per cent. MELBOURNE MARKETS. (Received January 6. 11.20 a.m.) MELBOURNE, January 6. Barley—English Is 4d to -4e 3d. Oats—2s 9d to 3e. Potatoes—£s to £6. Onions—£4 6s to £1 10s. PASTORAL ASSOCIATION SALE. (Received January €, 11.20 a.m.j SYDNEY, January 6. It is stated that, the Pastoral Finance Association was sold to the Now Zealand Loan and Mercantile for £IO,OOO cash on signing the contract and £35,000 subsequently, subject to 140,000 bales of wool being received from the association’s former clients. TALLOW AND MEAT. The New Zealand Loan and Mercantile Agency Company, Ltd., Christchurch, has received* a cablegram from London, giving tho following market information, under date January 4 Tallow—Wo quote present spot values for the following descriptions: - Fine mutton £2 3s per owt, good beef £2, mixed £1 14s 9d. The market is quiet. Hale by auction L::ts been resumed. New Zealand Frozen Meat-Lamb. 73 d per lb; wether and maiden ewe, light figd per lb, heavy 42d per lb; owe, light Gd per lb, heavy o£d per lb; frozen beef, iunas 4?d per lb. fores 32d per lb, ox hinds u?d per lb, fores 22d per lb, cow. Nominal quotations.