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COMMERCIAL.

STOCK EXCHANGES. CHRISTCHURC H. Following are latest quotations:— Buyers. Sellers.

Mt. Gyeu x o •> x » o .Sales Reported-—Bank of N.Z., 59s 4d; N.Z. Ref rip. (contr.), 6s sd. Sales on 'Change——Royal Bank (£1 pel.), 37s 6d; Union Bank, £ls 10s 6'd; Mason. Struthers (10s pd.), 10s 9d; Western Australian Bank,- 54s (id (three parcels). MARKETING OF WHEAT. (Received. January 25, 10.55 a.m.) SYDNEY, January 25. A meeting of the Executive of the Farmers’ and Settlers’ Association strongly opposed any attempt by the Government to form a eompulsiry wheat pool, and suggested that a Pool Enabling Act be passed as .a measure preliminary to any progressive marketing BANK MERGER. (Received .January 25, 10.55 a.m.) MELBOURNE, January 25. Proposals for the amalgamation of the Bank of Victoria, Limited, and the Commercial Banking Company, Sydney, were approved by meetings of ordinary and preference shareholders of the Bank of Victoria. MELBOURNE WOOL SALES. (Received January 25, 10.55 a.m.) MELBOURNE, January 25. At the wool sales competition was strong, and the demand was well distributed. values ruling on a par with last week's closing rates. TARANAKI OILFIELDS. Per Press Association. NEW PLYMOUTH, January 23. The Taranaki Oilfields report, dated January 22, stated that everything was ready to commence drilling at Waiapu No. 2 on January 24. At Taranaki No. 3 the. erection of* the camp was well forward, and arrangements were being made for the transport of equipment. The roads were fair and the weather CHICAGO WHEAT MARKET. By Telegraph.— Press Assn. — Copyright. Ans. and N.Z) Cable Association. (Received January 25, 1.30 p.m.) NEW YORK, Jany ary 24. Chicago wheat quotations are:—May, 1401 cents a bushel; July, .1314 cents; September, 128 cents.

. d. £ d. N.Z. goverxji eXT STO< K — 4i p.c. Inscr., 103S 9 6 6 96 ft 96 '4J p.c. Bonds, 1938 96 7. 96 4 3 p.c. Bonds, 1 H-J o p.c. Bonds, 1 927 0 5a p.c. Inner., 193 3 10l 0 101. 5.3 p.c. Bonds, 1933 1 01 10 i 10 5i p.c. Iriser. 1936 L01 0 0 OT!4 KR i 1EB EXTl’KBS Wakerua .Drainage, Borough 53 per cent., 1955 101 6 p.c., 1 94 6 .. 101 0 0 N.Z. Breweries Bonds 1 4 4 BANKS— " 1 9 Australasia .... 14 4 0 5 0 Comm, of Aust. — 13 0 13 Comm, of Aust. 19 0 7 Comm. of Sydney 0 K., S. and A S 6 Natl, of Australasia (£10 pd.) IS 9 0 IS 10 0 Natl, of Australasia (£5 pd.) 9 0 National of N.Z. New South Wales New Zealand .... 2 19 19 5 N e w Zealand (mortgage shares 0 11 12 ftoyal (£1 pd.) .. 1 1 7 Royal (£4 pd.) . . 7 15 10 6 11 Western Austin- , ''an - ; 2 14 3 National 3 1 3 9 3 14 9 New Zealand (cum div.) 1 17 1 IS South British . . . . 5 1 7 Standard 17 0 17 9 LOAN AND AG KNOT— Dalgety and < 'o. . 15 15 Goldsbrough, Mort 10 3 4 National Mortgage SII1PPING — Huddart - Parker 2 7 0 2 1 nion (pref.» 1 0 6 FROZEN MEAT N.Z. Refrigerating (paid) 0 12 9 (f 14 N.Z. Refrigerating (contr.) 0 WOOLLENS— Kaiapoi (its pd.) 0 Kaiapoi (is pd.) . 0 Kaiapoi (pref.) 0 14 0 15 COAL— Westport 1 16 Stockton (pref.) . GAS— Ashburton 4 19 0 Auckland 3 Christchurch. . . . . : 5 1 0 1 6 1 B REW E R1ES—. 1 8 0 0 New Zealand .... 12 3 13 Staples i IS • 1 19 CEMENTS— Milburn Lime (rights) 4 0 M ISCE1,T.AX EOUS— Allied Motors . . . . 1 Beath and Go. - - 1 1 1 1 British Tobacco . 13 0 Burns, Fliilp .... 0 3 Electro. Zinc; 1 6 10 1 17 1 Electro. Zinc 6 Glenmore Brick . . 6 Greater Crystal 0 1« 1 0 G a Hume Pipe .... 0 17 1 0 0 (£1 paid) 1 4 4 (14s paid) .... Mason, Strut.hers (10s pd.) .... 11 Merc. Finance 0 19 6 ATerc. Finance (5s 1 X.Z. Drug Co. •• N.Z. Farmers' Co-op. (61 p.c. stk.. 1 930) 0 0 0 (Cl p.c. stk.. 1 931 ) 74 0 0 7 S 0 0 0 10 3 0 10 N. Canty. Flour Milling 0 1 t Tombs 10 G 3 13 0 MINING— Mt. By ell 8 3 1 S 5

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/TS19270125.2.38

Bibliographic details

Star (Christchurch), Issue 18063, 25 January 1927, Page 4

Word Count
707

COMMERCIAL. Star (Christchurch), Issue 18063, 25 January 1927, Page 4

COMMERCIAL. Star (Christchurch), Issue 18063, 25 January 1927, Page 4

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