Late Commercial

Sun (Auckland), Volume II, Issue 520, 24 November 1928, Page 13

Late Commercial

SOUTHERN EXCHANGES Press Association Wellington.—!New Zealand Breweries debenture bonds, 255. Christchurch. —On ’Change: Bank of New South AVales, £5112s 6d; Goldsbrough, Mort, 52s 8d; Carlton Brewery, 495; New Zealand Breweries, 57s (2 pels.). Repoi'ted: : Bank of New South Wales, £sl 15s. Dunedin. Oil ’Change: Commercial ; Bank, 30s 5d (2 parcels); National Insurance, 16s 6d (ex div.). Reported: ‘ Dalgety and Co., £ls 4s (ex div.). ■ WALL STREET AGAIN BREAKS ALL RECORDS (Australian and N.Z. Press Association) : Reed. 11.55 a.m. NEW YORK, Friday. 1 The New York Stock Exchange ‘ broke all records for volume of busiT ness, with a sale, C,942,500 shares. ’ Prices skyrocketed, but later slumped ■ and closed Irregularly. The tickers were delayed, although they were not so late as usual, due to ’ the elimination of the tabulation of volumes of the issues exchanged. [ The governors .of the exchange have declared a holiday to-morrow to enable the clocks to catch up the work. A seat of the Exchange was to-day sold for £IIO,OOO. EXPORT LAMB PRICES OPENING RATES ANNOUNCED The opening prices for the 1928-29 - season for lamb on the hooks at the 1 freezing works announced yesterday are: Up to 3tilb., 9id a lb. 361 b. to 421 b., 9d. Over 421 b. and seconds, Bld. For the First time on record Auckland rates are on a par with those ruling f.i Hawke’s Bay and Wellington. Lam a.have been offering here for the past three weeks, but the works are not expected to be running at full capacity for another week or so yet. In the f majority of instances the lambs handled ! to date this season have netted the seller more than the published schedule rates, and it is not cpcpected that | many will be sold on an “on-the-hooks” basis at any time during the season. Farmers for the most part pre- * fer to deal at so much a head in the paddock.