COMMERCIAL.

Hawera Star, Volume XLVIII, 16 July 1924, Page 5

COMMERCIAL.

WHEAT CARGOES. BY CABLE—PBESS ASSOCIATION—COPYBIGHT LONDON, July 15. For wlieat cargoes sellers are asking 6d to 9d advance and are meeting, fair enquiry. Parcels are in good demand at 9d to Is up. Three thousand tons ex Port Auckland sold at 52s 6d, 3000 tons ex Carina at 51s 7-M, parcels ex Bord 51s, 51s lid, and 51s 3d, ex Poona 51s and ex Boonah 51s. CANADIAN HARVEST. OTTAWA, July 14. The preliminary estimate of the Canadian wheat crop by the Bureau of Statistics is a million bushels less than last year. The estimate for this year is 318,640,000 bushels, the 1923 crop being 474,190,000 bushels.

LONDON WOOL SALES. (BY TELEGRAPH —PRESS ASSOCIATION.) WELLINGTON, July 15. The Department of Agriculture has received the following-cablegram, dated July 14, from the High Commissioner. London:— The w r ool sales closed on Friday, five days earlier than advertised. On account of the unusually large proportion of wool being withdrawn prices have declined from par to 5 per cent, for merino and from par to 5 per cent, and 71 per cent for crossbred slipe. The average closing rates are : 60’s to 64’s (merino) 2s 4d to- 2s lOd; ofi’s (super halfbredX 2s 2d to 2s 6d ; 48's (fine crossbred) Is 6d to Is lOd ; 44's to 46’s (medium crossbred) Is od to Is 6d; 36’s to -10’s (coarse crossbred) Is 3d to Is 4.1 d.

CANTEEBURY MARKETS. CHRISTCHURCH, July 15. There is practically nothing new to report on the week-end review except that the potato position is weaker. A report was current to-day that the Koromiko was due to arrive later in the month from Victoria, and was bringing 1000 tons. This would mean, on top of the Wairuna’s consignment with further impending shipments from Australia, a sufficiency of supplies for Auckland until the first week in August, and to that extent the local demand is affected. Values at present are £5 10s f.o.b. sacks in, or £4 5s on trucks. It is reported that Tasmanian potatoes have been offered at a lower price than last week. Millers report there is no more locally grown wheat to be secured, and recent importations were very welcome. There is no change to report in the other branches of produce. AUCKLAND SHARE MARKET. AUCKLAND, July 15. Sales —New Zealand wav loan. 1927, £9B; Bank of New Zealand, 55s 3d; Manning’s Brewery, 50s 4d, 30s Gd.