COMMERCIAL.

Star (Christchurch), Issue 16737, 19 May 1922, Page 9

COMMERCIAL.

VV E dnesdays m aekst. j Tho entries tt the Addington yards on t I Wednesday were as follows 'last week’s j ; figures in pareu theses); Sheep 21.71/4 I i (22,468): cattle "96 (1044); pigs 786 (526). SUGAR FOR LYTTELTON i The Wbangape will leave Auckland on i Tuesday next with sugar for Lyttelton j and Timaru. RANK CHARGES. (Received Jfny ]!i, 9AO a.m. | LONDON, May 10. j I The Associated Australian banks have ; raised flic selling rate of cable transfers f i to Australia and New Zealand to a 5s pre- I mium, and reduced the rate on purchase i i at sight bills on Australia and New Zca- i land to shs per cent, with an additional j ! 30s for each thirty days' currency. NATIONAL BANK NEW BIT A RES. LONDON. May 18. The National Bank of New Zealand is : issuing the first 100.000 of Ihe . -w shares ! at. £7 108 each, of which £2 lOs is called ! up. Tho price issue is £4 ,10s. They are i offered to shareholders in the proportion I of one new .hare for every four held, j The premium on these shares will be carried to the reserve fund. STOCK EXCHANGE. I CHRISTCHURCH. The following arc tho latest quotations;—-

MELBOURNE MA RK ETS. By Telegraph—Press Association —Copyright Australian and N.Z. Cable Association. j t (Received - May 19, noon.? MELBOURNE, May 19. i Barley—English 3s lOd l<‘> -is: tape ‘2s lOd | to 2s 10id. Oats—3s 4d. Potatoes.£4 10s to £4 ss. S Onions —£5 10s to £5 15s.' OR VDING OF BUTTER. AUSTRALIAN AGREEMENT. j I By Telegraph—Press Association—Copyright 1 Australian and N.Z. Cable Association. { (Received May 3.9, noon.) SYDNEY. May 39. Mr A. T. Ball, Minister of Agriculture, who has just returned from a butter conference in Melbourne, announced that an agreement had been reached on the question of clashing authority respecting the inspection of grading of butter for export by the Federal State authorities.

Buyers. Sellers. £ h d £ s d N.Z. GOVT. STOCK— 4-j p.c. Inscribed. 1938 94 . 6 4A; p.c. Bonds. 1938 . 94 7 6 5J p.c. Inscribed, 1933 98 5 0 DEBENTURES— Christchurch Gas Co. (5i per cent) . . 97 0 0 BANKS— i Commercial Bank of j Australia (4 per cent j cum pref.! 6 10 0 6 14 0 i National of New Zealand (right?) 0 17 9 0 18 6 New South Wales (cum rights* . . 37 10 0 37 15 0 Now Zealand ... 2 11 9 j Royal (£1 paid' . . 1 9 9 1 10 6 ! Union of Australia . 1*2 IS 0 1XSVHAXCE— New Zealand . .18 0 South British . 1 17 6 j Standard . . .190 LOAN AND AGENCY— Dalgety and Co. (cum i dir.) . . . 9 CO Goldsbrougli, Mort . 1 16 i> SHIPPING— I*. and O. deferred stock (cum dir. . 827 0 (5 j i'BOZEN MEAT — i Canterbury (6 per cent. * cum pref.) . .500 j N.Z. Refrigerating (£1 j paid) .... 1 8 3 j j N.Z. Refrigerating < 10s j paid) . . 0 14 6 I ! BREWERIES— j Crown . . . 1 12 6 j MISCELLANEOUS— | Boath and Co. 15 6 17 0 1 Mason, St rut hers (£1 1 paid* . . .119 j N.Z. Sugar of Milk . 1 10 0 ! Whitcombe and Tombs 2 18 3 MINING— Wallii Grand Junci ion 0 7 0