COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 222, 19 March 1914, Page 2

COMMERCIAL.

A TASMANIAN LOAN. By Cable—Press Association—Copyright London, March 17. A Tasnianian 4 per cent, loan of 11,500,000 has (been underwritten at 01). It is repayable in 11)40-50. The last instalment is payable in May and a half-vcar's dividend is payable on July 1." SHARE QUOTATIONS. LONDON. March 17. Share quotations.—Hank of Australasia £llll and .CI IS (ex div.l, Hank of New South Wales CM and .C4l. Bank of New Zealand ,C 8 15s and ,C 05s ox rights. PIIICFS FOR CEKFALS. London, March 17. Wheat—Market steady. Up to 85s 10'/ a d was offered fur Australian steamer shipments. LONDON WOOL SALES. London, March 17. At the wool sales the following prices were realised for the lleece portions of the clips named: —Waikobu. top price 12d, average lid; Kiwi, 12'/.,d and liy 8 d; Haldon, 12'/.d and 13%(1; Waikera, lid and 10'/ 2 d. By Telegraph—Press Association. Wellington, Yesterday. Following is the High Commissioner's market report under date London, March 17, on the wool sales. The wool sales have closed with brisk demand from all sections of the trade, including America, and the prospects are favorable. Home and Continental trade is good and likely to continue so. The estimated American purchases are approximately 17,000 bales against 5000 bales at last sales. There are 1.300 bales of New Zealand wool held over. The estimated values are: —Superior merinos Is Id to Is 3d, medium lOd to" Is, inferior B%d to lOd, fine crossbreds all grades Is Id to Is 3%d, medium crossbreds all grades lOd to Is, coarse crossbreds all grades Oct to lid. The Bank of New Zealand Ims received the following cable advices from its London office:—"The market has closed with good demand for fine nnd coarse crossbreds. Total quantity held over 3500, of which 3200 are New Zealand. Compared with the opening of this series prices for crossbred medium are 5 per cent, lower."