LATE COMMERCIAL

Sun (Auckland), Volume 1, Issue 114, 4 August 1927, Page 15

LATE COMMERCIAL

BUTTER MARKET The New Zealand Loan and Mercantile Agency Co., Ltd., has received the following cable from its London office dated August 3: —New Zealand butter, 161 sto 1645, markets firm. New Zealand cheese 91s to 935; market steady. SOUTHERN ECHANGES Wellington.—Bank of New South Wales, £44 17s 6d; New Zealand Guarantee Corporation, ord. Bs, paid 9s. Christchurch.—Sales on ’Change: Dalgety and Co. (new), £8 2s (two parcels); Manning’s Brewery, 19s 9d; Grand Junction, Is 6d. BRIGHTER OUTLOOK IMPROVED STOCK MARKET WANGANUI PROPERTY SALES (Special to THE SUN.) „ WANGANUI, To-day. Conditions are much brighter in the market for residential properties, several farms changing hands and some big deals in business properties are reported to be going through. Generally more optimism prevails. Yesterday’s stock sale was the best held for many months, showing the cattle markets are improving. A prominent feature is the demand in Hawke’s Bay for Polled Angus cattle. LONDON BUTTER PRICES Joseph Nathan and Company, Ltd., have received the following cable from their London house, Messrs. Irengrouse and Nathan, Ltd., Tooiey Street: Butter. 164 s to 1665; cheese, 935.

Mutton and Lamb.—The New Zealand Mercantile Agency Company, Limited, has received the following cablegram from London dated Julv 29: Lamb: Fair demand. Mutton: Market weak.