COMMERCIAL

Evening Star, Issue 19659, 12 September 1927, Page 2

COMMERCIAL

CHICAGO WHEAT QUOTATIONS. NEW YORK, September 9. Chicago wheat quotes are: September.' 130 J cents per bushel; December, J3s|; March, 135|. BRITISH HOP CROP. LONDON, September 11. It is stated that the British hop crop is sufficient for brewers’ requirements in yiew of the surplus held during the, last two years. FRENCH WINE HARVEST. LONDON, September 10.. The French wine harvest is now in full swing, and despite the bad weather it is anticipated that the yield will be much better than last year, totalling between 50,000,000 and 65,000,000 hectolitres. The situation in Touraino, where disaster was feared, has considerably improved, and it is hoped that between 20,000,000 and 24,000,000 hectolitres will be harvested there. An average harvest is expected in Gironde, and a favorable yield is also anticipated in Burgundy. Reports from Tarragona say that there is an unexpected crop—larger than last year, which was only about half of the ordinary year. LONDON WOOL SALES. LONDON, September 10. The prospects for Tuesday’s wool sales are favorable. The Economist’s ’ iorrespondent saysi “ Daring the six

•sveks since the previous auctions an encouraging amount of business has been done by tlio consuming centres. The total volume is much larger than seemed likely when the July auctions closed. Many buyers need wool, stocks having been considerably reduced in bulk. The merino offerings will lie -J----to 5 per cent, advance, which importers expect should not hold for any further advance will result in Continental competition rather than increased buying by the Homo trade.” COTTON, RUBBER, ETC. LONDON, September 10. Colton. —October delivery, 12.39 d. Rubber.—Para, 15d; plantation smoked, 16§d. Jute.—Septembcr-Qckiber shipment, £3l 10s a ton. Hemp. August-October shipment, £26 a.ton. Linseed oil, £32 ss. Turpentine, 39s 3d a cwt. Sheep.—Argentine, medium, sd. Lambs.—Canterbury, medium Sgd, seconds 81d, North Island seconds, B|d. Chilled Beef.—Argentine fores,' Aid; hinds, 6£d. Others are unchanged.