COMMERCIAL ITEMS
- INVESTMENT SHARES. Yesterday's quotations for investment Shares were as follow;— Buyers. Sellers. £s. d. ' £s. d. Bank Australasia — 130 0 0 Bank N.Z. (£3 6s. Bd.) ... 14 15 0 15 0 0 Bank N.Z. (£6 13s. 4d.) ... 18 12 6 - Union Bank' — 60 0 0 Christchurch Gas — ,690 Napier Gas (p-ef.) — 10 0 0 National Insurance 4 0 6 — 6.8. Insurance 8 7 6 — . ■Euddart-Parker ' (ord.) ... 2 8 6 2 9 6 P. and O. Def. Stock — 540 0 0 Kaiapoi'Woollen (cum) ~8 7 0 — ■Westport Coal 18 3 — Waipa .Colliery — 016 0 leyland-O'Brien 'iimber 17 9 - — Colonial Sugar 24 16 0 Inscribed Stock 96 3 6 — hWar Bonds (1930) 96 3 6 — P.O. 5 per ccnt. Bonds ~98 0 0 LONDON WOOL SALES. The New Zealand Loan and Mercantile 'Agency Co., Ltd., have received tho following cablegram from their London liouss, under date August 23;—W00l sales closed. As compared ■ with August 1, good merino and fine greasy crossbred are 7i per cent., and medium merino and medium crossbred are 5 per cent, higher. The Bank of New Zealand has received the following advice from its London office under dato August 23;—" The sales have closed, firm for all kinds of wool, with an activo demand by all branches of tho trade. The market is strong for fiuo 'and medium crossbreds and all descriptions of merino. Prices for fino crossbrcd and'.'merino are higher 7} to 10 per cent. Medium crossbred is from par to 5 per cent, higher. Tho market for coarse crossbred, is weak, and prices are lower from par to 5 per cent. Other wools do not show any change."
Messrs. Murray, Roberts and Co., Ltd., have received tho following cablegram from their London agents, dated August 23;—" Sales havo closed. Compared with last London sale's closing rates, crossbred, fine, advanced 5 to 10 per cent., crossbred, medium, par to 5 per cent, advance. Crossbred, coarse, declined 5 per ccnt. Next gales fixed to commencc September 15."
OAJIARU WOOI.MiK CO. CHANGES HANDS. The directors of the Oaninrn Woollen Factory Company have clodded to recommend the shareholders to accept tho olfci of Messrs. Macky, Logan and Caldwell, of Auckland and Wellington, for the purchase of the company's business as a going concern. It is understood that the offer is 15s. per share cash, with two preferential shares in tho firm of Macky, Logan, and Caldwell, bearing 6 per cent, cumulative interest, and that a meeting of sharehold ers will be held at an early date to con tider ths proposition. CUSTOMS REVENUE. Customs revenue collected at the port fef Wellington yesterday amounted to 83M5 18s.
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Dominion, Volume 12, Issue 283, 26 August 1919, Page 8
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438COMMERCIAL ITEMS Dominion, Volume 12, Issue 283, 26 August 1919, Page 8
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