COMMERCIAL

Evening Star, Issue 20132, 23 March 1929, Page 3

COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Tclexrapb-Copytisbl RUGBY. M a irk ‘JI. M:ir. IH Mav.lM. NVw VmU. if ,61 ... I’ai'i'. f'.-m..- 1.. / I , i-:, i.cig.is i<. ,/;i (Inw.-i, I ram- I" /-I ••• T'mp Amslcr.liim, florins !■) X- 1 - , T-.J Milan, lit-.- m ,/;i Berlin, k< nin g.! ... [■’ ;V ’R Stockholm kronur I" I ••• i.'./i----('onenliatyn, kroner in ol J (Wo, kmner in gl '.'"T ’ .1"" Viriin:i, selilllini; iu >1 ... ■ t-' l ' " 0 '’ kroiK i - /I * llcNinf.lc.rs. marks m X- * ■■■ l! J-,V .V,~w-Mn.ii-u!, i.c-cio u. x.i 1.i.1.0n, Audo to ol .i'D Alliens, draelimae In X I 1 Jl Hiirl.nrcsl. Ni ... g I f - 1 " Riu (!•; JoiK-iro. i"MDc _ . . tu mih'fU . • • • • > . ‘A . , iUif'iiu-s Ain'--, p'.'iur I'.. (!c:!;ir ’ l " nij' 1 o • • E.» ' 1 "’" , UkT'A./A1... "■ ::: iAoi-i*; j-'r ~ llnngknnr;, Lliar I - 11 . I ' |J| '"" LONDON STOCK EXCHANGE. LONDON, Man'll M.

Australian Press Association-United Service. SKIN SALES. Press Association —By TcL;nph—Copyright LONDON, .March -1. At the >kin sales .'i.-inn wore nlicivd, and there was good general competition, America opera.ting Irecly lor certain qualities. Australian and ,V>u Zealand eunibing merinos and line cross-breds declined A per eem, nunpared with January Jl. In clothing shorl-woollcd all grade, were mostly ms hanged, but occasionally declined ‘.’.J |ter emit. —Australian Kress Association. WHEAT, FLOUR, ETC. Press Associalion —Bv Telegraph—Copyright LONDON. Mareb .’I. Cargoes are fairly .steady, but small business is passing. Australians were pic-sod for sale, and prices gcnci'ally declined Jd. I’a reels are inactive at la'e rales la Ad down. Liverpool I'n 1 ores ■--11 a rib. S- lid; Mav, ft, l.RI; duly. !’s Lid: Oetob-r. IN 7’d. The spot trade is quiet, witli an easier tendency. Elmir is dull. Aiisi ia!;an, c\ siore. . I-j.s I'd. Oats are quiet, peas iinner. and beans steady.—Australian I’rcs.s .'.'.social ion-Uni rod Service. NEW YORK. March Jl. Chicago wheal : March. JIM cents ,nuv bu.shei : May, IJ7: ,1 uiy, I'-'Pti September, lAIL Austraiian Ri ess As.-o ciafoii.

London v.iidi, >ai,i;.". : Press Association —i»y Telegraph —Copyrisht ! i LONDON'. March -I. | "I'll*!* v, noi .-ndes have cln-'i’il. Tfa t * nij ni" the opening day was nj l l scl d. and | value.-, -bowed liltlo c!i!iii“'i t hmu gli- I out. Thi' ehitT buying in merino.- waloi' tne home trade and I'ranee, hut Cel iiiiiiiy was licsit anl. a nd bought oulv sparingly. Crcasics closed generally about o per cent., below January lato.s, and scoured averaged par lo -> ; per cei l l. below, with a tendency in ' sellers’ lavour, ' During the last week cross •lin’d' and greasy met chief competition trom Yorkshire. Despite a large oilcring. the opening rates Mere well main-; tallied Scoureds and shpe- slinwo;! gen- j craily a d per rent, decline. I lambs: Crer-vy had about A per j cent, decline; scoureds were more dilb- • cult in sell, ami there weic consider- j able withdrawals, of them. The catalogue totalled US,Did halos. [ including go.(H111 I rom I’unlas Arena-. | It is esUmatctl that id,Ltd were sold j to the Continent, -1.000 lo America. > •Jo. 11l I* l lor the 1 ’time trade, ami about ; J7.IIUU hales were liokl. I New Zealand rli,vs: Sherbrooke. < Ki’d and Jdd, Mando, R)d and led. - • Australian Pre.-.s Association. i LONDON METAL M All K Li'. | i'lcsj Asscciatioa—By Ltuegiauh—Copyright. j LONDON, Maich JJ. | Metal prices are again soaring. I ('upper. -hpoi. .AU7 J Is -id; lorwanl, , C;IS. idr lid. ! Klee truly tic.-—-Spol . Bl'-L L; l"r----ward. L i I is Jr.. | V, ire bats, gills in,. | Lead.—-Spot, AJd Ills; forward. i-M > pci lor.- T-Spoi. ,!.’J7 I's JLi; tor- | ward, -,L Jd 7s (id. ! Tin.- -Spot. AJ'JJ ids illjd- ioreard. L'J'Jd ds Ud. Silver.—Standard, —iJ Mlid; line. JsJ,d per or.. Australian Pic-- Asso ciaLion. CAM* MONEY HA J iN ! Brass Association By Telegi' iph —Copyright. | N KW YOKE. March Jl. | Tiic call money rate ol renewal wall nine ail day.—United Service 1 . I NAPIER WOOL SALE. ! [Pan United Press Association.] j NAPIEi!. March JJ. The linal Napier wool sale ol the season was held to-night, when there was an oll'enng ol 7.77 U bales A lew attractive clips wen. 1 catalogued. '"A there was really very little that could j bo described as anything better than ol average typo, while a good proportion of (ho lot-- was of shabby, rough, anil inferior sort. I l 'or wools ol decent stylo ami quality there was eNcollciitgeneral competition I rom Prardord and tlie Continent, the latter probably being the larger purchaser. Shabby and seedy sorts were in rather better demand than at the previous Prices were slightly in advance ol last sale’s rates, but at times bidding wa-s erratic. Making comparisons is /I* 1 "' cult, but it is pleasing to note, that the market at the close ol (.he _ season showed the firmness winch it disp.ayed : at last night's sale. j

(.ON DON' MUOI- s.u.rs. Messrs Murray, Roberts ami CM., Ltd., have received the lotlowing cable trnm Loudon, dated i’lsc iiibt.; — have closed with a good tone, competition good, all ..sections operating Ireoly. For greasy moriiu. the market slimvs a hardening tendency, Compared 'villi the closing rates of the last London sales greasy merino, best descriptions. closing rates of hint series are barely maintained. Greasy merino., other descriptions, declined A per c■eiit.; scoured merino declined A to Kl per cent.; wool suitable for clothing shows the greatest decline. Lambs; Merino greasy, market liar to 5 per cent, decline: cross-bred greasy comeback declined 5 to ?i per cent.; cross-bied greasy line declined A to 7 A per cent.; cross-bred greasy medium declined to 10 per cent.; cross-bred greasy, coarse, declined, A to 7.1 per cent.; cross-bred scoured, market par f.o A per cent, decline; .slipo cross-bred declined A per cent. Sheepskins; Merino declined A to 7.1 per cent.; cross-bred declined 5 pci' cent/’ The New Zealand Loan and Mercantile. Agency Company. Ltd., has received tho following cable from London dated Jlst hist. “As compared with, last sales’ dosing rates prices are lower about; par to 5 per cent, lor merino and cross-bred iambs, super, greasy merino, scoured merino .super.; lower about 5 per cent- for scoured (To>.s-brc(l, medium greasy merino, cross-bred slipe, medium scoured merino; lover A per cent, to 71- per cent, for inferior merino, coarse greasy cross-bred : lower 7.1 per cent;, to 10 per cent, for medium greasy cross-bred, line grea-y cross-bred. The sales dosed firmly Lo-tlay.” BUTTER AN A (II F.E.SE. The National Mortgage and Agency Company, Ltd., has received the following cable from London: —Butter: Market slow; finest New Zealand, lii-U lo KiA: first grade. Kids to Jtvls; Danish. 1 7Js to 17!-: Australian, Ki-s to Kils. Cheese: Market steady: New Zealand white, 88s in bits; New Zealand coloured, 8!ls to 90-.

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