COMMERCIAL

Gisborne Times, Volume LXV, Issue 10311, 21 January 1927, Page 2

COMMERCIAL

LONDON WOOL SALES.„ Messrs Williams and Kettle, Ltd. have received the following cabled advice from their London agents in reference to the wool sales which opened on Jan. 18: There was a good attendance of buyers with keen competition from all sections. Halfbred and fine crossbred advanced 5 per cent, on last sale’s closing rates. Prices for medium and coarse crossbred remain firm at unchanged rates. WOOL SALES Messrs Murray Roberts and Co., Ltd., are in receipt of the following cable from their London house under date January 18: Sales opened firm, large attendance buyers, competition keen all sections operating freely. Compared closing rates last London sales, greasy merino best descriptions advanced a per cent.; other descriptions and scoured merino par to o per cent, advance; crossbred greasy fine advanced 5 per cent. ; medium ancl coarse market very firm; crossbred scoured and slipe market shows no material change.

NEW ZEALAND BUTTER IMPORTS INTO AUSTRALIA. N S W. PROD UCERS SEEK PRO - TE. 'LION SYDNEY, Jan. 23. lii the Assembly the Premier, Mr Lang, promised to bring to tho notice of the aeting-Primc Minister the question of protecting New South Whiles butter producers against competition from New Zealand butter, which could be sold at a lower level than the price fixed for the local butter by the recent producers’ conference, 'which decided that Is 13d a I!, was a reasonable price for butter produced in New South Wales.—

CALCUTTA TEA SALES. (Received Jan. 20, 5,5 p.m.) CALCUTTA, Jan. 19. At the tea sales a large proportion of the offering was poor, stalky descriptions, except for the better classes which were in good demand at late rates. Competition was slack, prices declining one-half to two annas. The average prices were: Commonest leaf, 7 annas 6 pice to 8 annas 6 pice' commonest broken leaf 7 to 8 annas, ordinary common .pekoe souchong 8 to 9 annas, lowest even leaf pekoe 8 annas 6 pice to 9 anna's b pic c,—A. N■. Z. C. ASTOCK AND 1 SHARE MARKET. AUCKLAND, J'au. 20. S-iles on ’Change: Bank oi New Zealand 53s 9d-, Northern Steam 13s'; Kawarau 3s 9d; New Zealand Breweries (debs.) 24s 6d. Sales reported: Bank of New Zealand 56s 9d. WELLINGTON, Jan. 20. Sales reported: National Bank oi New Zealand £7 2s 6d, Wilsons Portland Cement, 35s 3d. DUNEDIN, Jan. 20. Sales on ’Change: Milburn Lime and Cement (rts.), 3s lUd and 3s I.UI (2) Sales reported: National Insurance 7-Is; Bank of New Zealand 535. P. A. LONDON WOOL SALES. OPFX’NG RATES FELLY MAINTAINED.

(Received Jan. 20, 10.50 p.m ) LONDON, Jan. 19. \t the wool sales there was a general selection and keen competition, and opening rates were Lilly inall ’- ta \ew Zealand sales included Bialm top price Hid, average 15d , Owetm ton price. 18d, average lAl; S.IV top price 17.Uk average 16d; I’in‘e Farm 23id. —A. and N.Z.C.A. LONDON TALLOW 7 SALES. (Received Jan. 20, 10.5 LONDON, Jan. 19. Vt th- tallow sales 1163 casks were offered and 331 sold. Prices were unchanged, hut the tendency was ratliei firmer.- —A. and N.Z.C.A*. AUSTRALIAN PRODUU E ' ' MARKETS. (Received Jan. 20, 10.40 P- 11 '-) SYDNEY, Jan. 20. The wheat market depressed to 471 at country stations, equal to 5/9.\ on trucks. Sydney. Hour is quoted at £l3: .maize potatoes, Tasmanian £l9 to -_O, A utorian £18; onions £9. ADELAIDE. Jan. 20.^ Wheat, growers’ lots 54 1 to 5/2. parcels 5.’31; oats 2/4 to 2/•o.-A ■ A -