COMMERCIAL.

Gisborne Times, Volume XXVI, Issue 2328, 22 October 1908, Page 6

COMMERCIAL.

WELLINGTON STOCK EXCHANGE

[Special to “Times.”]

WELLINGTON, Oct. 20. The money stringency seems to be affecting the stock _ exchange, apd. very little business is ■doing. Waihi shares have fallen to £8 17s 3d and £8 17s, at which two lots were quitted to-day. Talisman’s were obtainable at £1 17s 6d: There was in circulation a rumor that some of the timbers in the main shaft of the mine had shifted, but the local committee deny the statement. It is understood that the London Board will declare -a dividend at the end of the present month. The only other transaction on to-day’s ’Change was a sale of Westport Coal Co.’s'shares at £6 Bs. The demand for Taranaki petroleum shares continues, but holders are asking 12s, which does not lead to business.

WOOL AND WHEAT

United Press Association.

LONDON, Oct. 20. At. the -wool sales Wa ill our a fetched 6*d. . , The wool sales closed with a brisk ■demand at present quotations. Supplies were well cleared, and the prospects are rather more encouraging. There was a good demand from America, and the Continent. The estimated values were: Superior merino 10J-d to Is medium merino 8d to lOd, inferior merino 6d to 71 d, fine crossbreds (all grades) IOJ-d to Is Old, medium crossbreds (all grades) 8d to 10Id, coarse crossbred (all grades) old to Sid.