LATE COMMERCIAL

Press, Volume LXIII, Issue 18906, 22 January 1927, Page 16

LATE COMMERCIAL

"WANGANUI WOOL SALE. (rniss ASSOCIATIOK telbgram.) WANGANUI, January 21. Tlic second Wnnganui wool sale of the 1926-27 season opened at 4 p.m. to-day. A large catalogue of 25,000 bales was offered io a full bench of buyers. Bidding was very keen, showing that many buyers are operating; on the same limits. Prices were fiim on Napier rates, with prices for uner grades satisfactory to growers. AM classes of wool were ir. demand. Bradford taking a bic share, while the Italian and German demand played a more prominent part than usual. The sale is proceeding. The range of prlcc.i r.t to night's wool sale is:— Fine Crossbred 46/45 Super .. ... 14 to 15 Average .. .. 12 to 14 Inferior .. .. 11 <o 12} Medium Crossbred 44/46 Super .. .. 13 to 1U Average .. • • 11 to ]3 Inferior .. .. H to 10* Coarso Crossbred 40/44 — Super .. .. 11J to 12 Average .. .. 10} to 11-1 Inferior .. .. to 9} Hoggets— Fine 46/48 .. .. 1-5 to loj Medium, 44/46 ..12 to 14* Coarse, 40/44 .. 101 to 13 j •Low, 30/40 .. 10 to 12 liambs — Down, 33/50 .. .. 13 to 16} Fine, 40/44 .. .. 11 to 13 Seedy and inferior .. to 10} Bellies "and PiecesCrossbred, low to medium S} to 12 •Locks .. .. G to 8| Crutciiings— Medium to good .. 7J tc 9 Inferior to seedy .. 4 to 0}

WHEAT. (BT CASUS—PBBB9 ASSOCIATION— COrtKIOHT.) (AtrSTRALUM AMD K.Z. CABLE ASSOCIATION.) LONDON, January 20. Cargoes—The market is-"bearish" in tone Argentine reports and expected liberal ship' mants, combined with freor offers of Australian, led to quieter Influence. There Is little enquiry, and the market closed with • decline of from 3d to Od. Six thousand ton* sold at 63s Cd. .„,.,. Parcels sre in small request at 3d decline. At Liverpool futures are quoted: March 10s 4ld, May 10s lid, July 10s 2Jd per cental. . , The soot trade Js fairly active, and prices fcava a tendency to harden.

JEREALS.. LONDON, January 20. Flour Is steady; Australia, ex store, 43». Oafs are steady. Peas And beans are inactive. SHARES. . (Eecrived January 21st, 1.40 p.m.) LONDON, January 20th. P. and O. Deferred Stock is quoted at *2S3 10s. _ _ GOLD. (Received January 2Ut, 1.40 p.m.) . ' v LONDON, January 20. sh« prica of gold i» 81s. Hid per os. SUGAR. • LONDON, January 20. Sugar-, granulated, ia quoted at 84a lid. TALLOW. The New Zealand Loan and Mercantile Agency lave received a cablegram from. London riving the undernoted market information, under date 19th Inst.:-Tallow: Fine mutton 88s per cwt, good beef 88a, per cwt, mi*jd 87s per cwt. The market is firm. FROZEN MEAT. IJaigety and Company, Ltd., have received *n« following.cabled advice from the.r London, ofice, dated January 20th:— . • ffroW Lamb-The market t» weaker and the"emand moderate. We quote: Prime crossbred lambs. Canterbury,; light; IW< North I«l«nd light, not quoted; Canterbury, hSn. "id; North Island, heavy, no quoted. For' Australian lamb the market s weak, and the demand limited.. We quote: Anstraflan, ka.q: cwssbred, light, 7»d;: heavy, not *ft&n Mutton-Any change in pricesJs ~ T,L 0 f buyers. v The demand is less. WeS: Prime\ro..bred mutton Canter; 6Jdj North Island, light, 6d, CanUrtWT, heavy. Wi " North I ! land ' , hesvs i Bd. JorAustralian the market is weak, and the demand poor. We quote: Austral.an "a.*; crossbred light 4jd; heavy, not ; ,U pmenß«ef-The market is nominal, and nil. We quote: New Zealand prime ox beef, hinds 4d, foros aid. Pork— Nominally 9d; baconers steady at s»d. •' __