COMMERCIAL.

Star (Christchurch), Issue 16714, 21 April 1922, Page 8

COMMERCIAL.

AN INTERIM DIVIDEND. By Telegraph—Press Association—Copyright. Australian and N.Z. Cable Association. (Received April 21, 9.55 a.m.) LONDON, April 20. Nelson Brothers have declared an interim dividend of 4 per cent, free of income tax. WELLINGTON LOAN. Bv Telegraph Press Association—Copyright Australian and N.Z. Cable Association. (Received April 21, 9.55 a.m.) LONDON, April 20. The City of IV ellington loan was oversubscribed within ten minutes of the opening. A queue of some hundreds had been waiting outside the Union Bank of

Australia for prospectuses, and were greatly incensed when told that the list was closed. A telegram received from Wellington yesterday stated that the Mayor had received a cable from London bankers stating that the corporation loan of £683,000, which had been underwritten, would be issued at £9B. The rate of interest is 5£ per cent. The loan is to be expended in local improvements. VICTORIAN MARKETS. By Telegraph—Press Association —Copyright Australian and N.Z. Cable Association. j (Received April 21, 11.20 a.m.) • MELBOURNE, April 21. Quotation* are;—Oats, 3s 3d; Barley, » English 4e, Capo 2s lOd to 2s lid: Potatoes £i to £4 10s; Onions £5 3s to £5 10s. BUTTER PRICE ADVANCED. By Telegraph—Press Association—Copyright. Australian and N.Z. Cable Association. (Received April 21, 12.20 p.m.) SYDNEY, April 21. Butter has advanced by a penny to Is sid wholesale.