COMMERCIAL.

Star (Christchurch), Issue 18014, 26 November 1926, Page 7

COMMERCIAL.

LOVDOH WOOL SALES Th* r>epartm« nt of Agriculture baa received the following cablegram, dal. i November 24. from the High Commissioner for New Zealand, London:— The wool saloH commenced yesterday (Tuesday) with a large and rcpreHentatbe attendance and fair competition, principally from the »r;.,an and Hom« trade. Compared with last closing rates, merino were 5 per cent to 7| per cent and croes-bred 5 per cent lower. 136,000 hales are available for the Serbs. of which 74,000 are Australian and 53,000 New Zealand. AUSTRALIAN MARKETS. By Telogiapn.—Press Assn.—Copyright. Aus. and N.Z. Cable Association. (Roct’fvprJ November 2«. 10.36 a.m.) MELBOURNE, November 26. Wheat la quiet and for prompt delivery is nominally ns »d; January 6a Lid. Flour—£ls 10s, £ls ss. Oats—Milling 2s ftd; feed 2s Sd. Potatoes—There is no demand for old at £ll to £l3 10h a ton; new are quoted at f 1 7 to £ IS. Onions——£B to £8 se. WOOL BAZ.M POSTPONED (Received November 26, 11.30 a_m.) LONDON, November 25. The wool sales have been postponed owing to the heavy fog which envelopes London. OOLDBBXOUaX. MOST AND CO. SZVXSBVS. Cable advice has been received from Messrs Goldsbrough Mort and Co., Ltd. Melbourne, as follows: •‘At the general meeting on December 15 the directors will recommend an interim dividend at the rate of 10 p.r cent per annum for the six months ended September 30." STOCK EXCHANGES. CHRISTCHURCH.

£alea on ‘Change—Crown Brewery lie; New Zealand Breweries 52s 6d; Kawarau 3s t»d (two parcels); Mount Lye 11 (cum div.) 59a. 23s Id

To-day's quotation**:— * • Buyer«_ Sellers.^ N.Z. GOVT. STOCK and 103ft .... 96 12 6 and 1039 .’..... 96 is 0 Bonds’ 1927 99 0 0 JJ " 4?'°'. . n *^. 1 . ’. 96 15 0 lift p.c. Bonds, 1933 100 15 0 Christchurch 197.V ... 101 0 0 Bonds 1 5 0 Adelaide _ “rlgrhts” 1 10 9 1 12 0 Commerce .... 1 14 0 Comm, of Au»t. *1 12 c (pref. > 6 18 0 ( f 5 2 ‘ 8 17 6 9 1 0 New South Walea New . . . ._ *3 *0 9 “risrhtH” 0 « 7 Royal (£4 pcL) 7 0 0 7 4 0 Victoria tord.» .. • 2 6 National 3 14 0 3 16 6 South British *2 17 0 2 1J 0 Mercantile MuLOAN' AND AGENCT— Ciolflsbrouph Mort N.Z. Loan and stk. cum div. > 90 0 0 97 0 0 Plate i 3 « Howard Smith 1 12 4 Stock ti’um div) :io 0 0 252 0 0 FROZEN MEAT— 0 Canterbury (pr**f> 4 16 0 4 18 0 « C 6 « 6 11 Kaiapoi (17s^pd.) 0 10 0 « 11 COALStockton (pref.) « 1 2 o 0 2 » Ashburton _ •t 14 « 5 0 0 BREWERIESNew Zealand .... 2 1_2 « 2 13 0 CEMENTS— TIMBER— MI SCELLAN ROCS— 1 tenth ajid Co. . . 1 11 6 1 12 t> Burns Phllp" .V..* 1 18 9 1 19 c Electrolytic Zinc Electrolytic Zyjc Mason, Struthers Mason, Struthers McrrnqtUe_ Fin- * _ tlon (£1 paid • 1 0 4 a rice CorporaN.Z. Drug: Co. . . a 10 if 3 12 t> cp. U>ref. re div. N.Z. Farmers’ CoStock. 1JSo) '' U 75 0 0 M 0 0 tiliser 4 11 6 Corpn. _ L 0 10 6 0 10 4 Tombs S * 6 3 11 0 National Elec'- * i “ MININO— Mount Lyeii (cum AVaihi 0 18 19 « Ft Bathans ’ A" 0 b 6 Albumta . . _ 0 4 3