COMMERCIAL.

Star (Christchurch), Issue 16684, 16 March 1922, Page 8

COMMERCIAL.

OTHER EXCHANGES. (Per Press Association.) AUCKLAND. March ,16. Sales on 'Change:—Bank of New Zealand, 48b; Waihi, 18s. Reported Sale: —RiveT Plate, 18s 6d. DUNEDIN, March 16. Sales on 'Change:—Mount Lyell, 13s 6d.. Tho dust on. the wing of a moth, when examined under a microscope, is found to consist of thousands of tiny scales. These scales give the colour to the butterfly’s wing, which without them is as transparent as that of a wasp or a bluebottle. They are laid on the wing in much the same way as the slates of a roof. Yet in spite of their exquisite shape and colouring, they are so tiny that the scales on the wings of a single butterfly would outnumber all the slates on the roofs of the houses of a good sized town. When one considers that each must he arranged according to its colour, one gets some idea of the wonders of the workmanship in the colouring of a butterfly's wing.

STOCK EXCHANGES. CHRISTCHURCH. TO-DAY'S QUOTATIONS. The following are the latest quotations: Buyers. Sellers. £ d. £ s. * N.Z. GOVERNMENT STOCKt 4J p.c. Inscribed, 1938 91 0 0 oj p.c. Inscribed. 1933 94 12 6 94 17 6 5$ p.c. Bonds, 1933 . 94 12 6 93 U 0 BANKS— Commercial of Australia, (4 per cent, cum pref.) .... 1 8 0 National of New Zealand .... 5 16 6 Union, of Australia • INSURANCE— 12 0 0 New Zealand . . .1 0 1 7 Standard ... 2 LOAN ANT) AGENCY— 11 6 3 13 6 Goldsbrough, Mort . 1 13 0 Mutual Benefit . . 10 6 10 7 Permanent Investment 8 SHIPPING15 0 8 17 6 Huddart-Parker (cum div.) .... 2 2 9 3 6 FROZEN MEAT— Canterbury . . .11 N.Z. Refrigerating (10s 7 fi 11 10 0 paid) . . . 0 13 6 Wellington (£3 12s 6d paid) .... 3 1 COAL— Westport e * WOOLLENS— JKaiapoi (£1 paid) • 1 BREWERIES— 5 6 1 S 6 Crown ...» 1 MISCELLANEOUS— 9 6 1 11 0 Burns. Philp . Cant. Farmers' Co-op 1 10 0 (6 per cent pref v re div. only) . . " 4 9 0 5 0 Dental and Medical Supply (new) . Mason, Struthers (£1 1 4 6 paid) . . . . 1 N.Z. Farmers’ Co-op. 1 0 Bonds (7* p.c., 1926) 94 5 0 N.Z. Paper Mills . Whitcombe a nd Tombs 2 18 0 1 2 6 MINING— Mount Lyell . 0 13 0 Sales Reported :—New Zealand Government 4i per cent Bonds, due 1939, £90 New Zealand Government 53* per Bonds, due 1933. £94 17s 6d Government per cent Inscribed, 1933 17s 6d: Christchrirch Building Society, £10 5s.