Markets and Money
(Continued) SOUTHERN EXCHANGES WEDNESDAY’S SALES Press Association. Wellington: New Zealand Government Stock, 4j per cent., 1938, £97; Commercial Bank (cum rights), 29s 6d; National Bank of New Zealand. £6 17s 6d; National Bank of Australasia (£lO paid), £l7 5s 6d. Christchurch: Commercial Bank of Australia, 29s Cd; Staples Brewer)-, 40s 3d; National Bank of Australasia (£5 paid), £8 10s 6d (two); National Insurance, 15s 3d; British Tobacco, 39s 9d. Wellington.—Reported sale: Union Bank of Australia. £l4 6 6d. Christchurch. —Sales on ’Change: Bank of New Zealand, 59s Id (two parcels); Goldsbrough Mort, 47s 3d, 47s 4d. Reported: National Bank of Australasia (£5 paid), £8 11s; British Tobacco, 39s 9d. Dunedin.—Sale reported: Electrolytic Zinc (ord.), £1 Is 9d. LONDON MARKET ADVICES The Bank of New South Wales reports receipt of the following cable from its London office:—“Wool: Crossbreds selling at 10-15 per cent, advance; Merinos, par to 5 per cent, advance; halfbreds, 5 per cent, advance.” Dalgety and Co.. Ltd., report receipt of the following cable dated January 25: “Tallow: 577 casks offered and 10 per cent. sold. Mutton. fine unchanged other descriptions 64 lower." The New Zealand Loan Company reports:—Butter, 1525: cheese 88s to 84s; market steady.
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Bibliographic details
Sun (Auckland), Volume I, Issue 263, 27 January 1928, Page 13
Word Count
200Markets and Money Sun (Auckland), Volume I, Issue 263, 27 January 1928, Page 13
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