COMMERCIAL.

Star (Christchurch), Issue 16845, 22 September 1922, Page 8

COMMERCIAL.

AUSTRALIAN WOOL FREIGHTS REQUEST FOR REDUCTION. (Received September 23. 12.5 p.m.) ' MELBOURNE. September 22. A representative deputation from the Graziers’ Association asked Mr Hughes for a reduction of freights on meat and wool for export, explaining that Australian growers wore charged .267 of a penny per pound more for wool than New Zealand growers were charged, which made a difference of £640.000 for the season’s clip. M’ Hughes promised to consult the management of the Commonwealth Line, and ask them to assit in every way posible. MELBOURNE MARKETS. (Received September 22, 12.5 p.m.) MELBOURNE. September 22. Barley —English 3s lOd to 4s. Oats—3s Bjd to 3s 9d. Potatoes—£7 10s- to £0 10s. Onions—£lo to £ll 10s. STOCK EXCHANGES. CHRISTCHURCH. The following are the latest quotationsBuyers. Sellers £*d £ s i N.Z. GOVT. STOCK—--4i p.o. Inscribed. 1938 97 0 0 5* p.c. Inscribed, 1933 99 5 0 BANKS— Australasia (cum. div.) .... 13 7 6 National of N.Z. . 6 10 New South Wales . 34 10 0 35 0 0 New Zealand . . 213 3 2 14 6 Union of Australia 13 1 0 33 4 0 LOAN AND AGENCY— Goldsbrough, Mort . 1 19 0 SHIPPING--Howard Smith . .226 Huddart Parker (ex div.) . .2 8 6 2 9 9 New Zealand (6 per cent cum. pref.) • . 10 10 0 Union <s* per cent cum. pref.) . 10 0 FROZEN MEAT - Canterbury (6 p.c. cum. pref.) . .500 N.Z. Refrigerating (£1 paid) . . .14 0 WOOLLENS— Kaiapoi (£1 paid) . 110 Kaiapoi (10s paid) . 10 6 BREWERIES— Ward - .12 0 14 0 M T RCELLA N E O US Death and Co. . 16 6 1 10 0 Burns Philp . 1 14 0 Mason Struthers (£1 paid) . - .13 0 16 0 MINING— Waihi .... 196 Waihi Grand Junction ... 0 10 0 Sales Reported:—National Bank of New Zealand, £6; Union Ban of Australia, £l3 2s „ Sale on Change:—Canterbury- Frozen Meat (6 per cent cum. pref.), £5.