LONDON WOOL SALES

Sun (Auckland), Volume I, Issue 209, 23 November 1927, Page 12

LONDON WOOL SALES

KEEN COMPETITION ADVANCES IN PRICES By Cable. —Press Association.—Copyright Reed. 10.43 a.m. LONDOX, Tuesday. At the London wool sales 11.023 haj., were offered, of which 5.500 were juT tralian and 4.741 New Zealand. There was a crowded attendance, cheerful spirit and excellent compe/ tion. A selection of Merinos, almost en tirely the line-haired Continental stvlV met with a good demand, chiefly f r ' ' French and German buyers. m Prices were from par to a 5 per cent advance compared with the Septembeclosing. All sections were co ma ,.J for keenly. Crossbreds. greasy ad vanced 7i to 10 per cent., scoured ant slipes were up fully a pennv. Lamb, were scarce and advanced 5 per cerThe following prices were realised New Zealand: Waipoa. 19id top iTJ average: Weka Downs, 42d top a,,’, average.—A. and N.Z. The New Zealand Loan and Mercan tile has received the following cable message from its London representa tives, dated November 22:—London wool sales: There was a good attend" ance at the opening of the sale today, competition by Home and Continental buyers being active. Prices, as compared with the close of the preceding series, ruled par to 5 per cent, higher for merino and 74 per cent, to 10 per cent, higher for crossbred. The opening catalogue, were fairly representative. FRANKTON STOCK SALE BEEF AND MUTTON FIRM PRICES ADVANCE (Special to THE SUN.) HAMILTON, To-day. The Farmers’ Co-op. Auctioneering Co Ltd., report:—At the Frankton yards yesterday there was a fair entry of beef and fat sheep and an average yarding of fat and store pigs. Beef and mutton were firm and prices advanced on the previous week. There was no improvement in the price of fat pigs, but competition was good for stores and weaners. Beef.—Heavy fat bullocks, £l2 l£s; light fat bullocks. £lO 16s; heavy f*{ cows. £9 10s to £9 16s; lighter. £7 4s to £7 10s: fat heifers. £7 Is to £7 10s; plain and unfinished cows, £5 to £6; vealer.s £2 ss; fresh store cows, £4 9s; store cows. £2 11s to £3 ss: choice dairy cows, £lO 5s to £l4 10s; choice dairy heifers, £9 to £ll 10s. Sheep.—Light fat wethers. 26?; fat lambs, prime. 25s to 25s Id; prime, heavy fat ewes, 24s to 25s Id; plain and unfinished. 20s; forward 4-tooth wethers, to 25s 2d: forward ewes, 17s. FTigs.—Heavy baconers, £2 10s to £2 lSr; light baconers. £2 5s to £2 Ss: porker?. £2 2s to £2 10s: good stores, 33s to 595; slips. 24s to 2Ss: best weaners. 18s to 23?. others, 10s to 14s. LONDON MARKETS

FOREIGN EXCHANGES By Cable.—-Press Assoctaflou. —Copyright LONDON, Monday. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on November 17 and par;

The Metal Markets (Quotations on Nov. 17 in parentheses > Copper.—Spot. £59 15s ( ±.59 11s oJd>; three months,\£s9 16s 3d (£59 14s 4*d). Lead.—Spot, £2l Is 3d (£2O 17s 6d); three months, £2l 11s 3d (£2l 6s 3d). Spelter.—Spot. £26 12s 6d (£26 3s 9d); three months, £26 7s 6d (£25 17s 6d). Tin.—Spot, £267 2s 6d (£262 13s 9d); three months, £263 7s 6d (£257 7s 6d). Silver.—Standard. 26 5-16 d (26 13-16 d per oz; fine, 28 3-Sd (2Sgd). Wheat

Wheat.—Cargoes are steady. La Platis show' 3d advance, with others unchanged. Parcels are in poor request at occasionally od dearer. Liverpool futures: December delivery, 10s sgd per cental; March, 10s 4£d; May, 10s 3i*d. Bradford Tops

There is little business on the Bradford market. Prices are protectively firm peuding the opening of the London sale?. A. and N.Z.-Sun. COMPANY REGISTRATIONS Yesterday two private companies were registered in Auckland. Details axe:— Shirley W. Hill and Co., Ltd.; objects, to carry on the business of Customs agents, carriers, etc.; capital, £9OO, divided into £1 shares; subscribers, William J. Nicholson, 475 shares; Florence •»- Nicholson, 25 shares; Ethel Hill, 595 shares; and Robert W. Hill. 5 shares. Hardware Supply Co., Ltd.; objects, to carry on the business of manufacturers and dealers in metal goods, etc.; capital, £2,000, divided into £1 shares; subscribers, Percy D. Jones, 750 shares; Norman R. Jones and Arthur W. Jones, 500 shares each; William R. Bazeley and Leonard L Stevens, 100 shares each; and Athol HBoulter.. 50 shares. AUCTION NOTICE Messrs. Bye and Selyt will hold a clearing auction sale in their rooms at the corner of Pitt Street and Grey Avenue tomorrow, Thursday, at 11 a.m. A consignment of furniture, furnishings ana effects is to be offered. Mr. H. H. McCarthy will be the auctioneer.

Nov. 21 Nov. 17. Par Brussels, belga. 34.04 34.1*4 5.04; Paris, fr . . . 124.00 124.00 Stockholm, kr . 1S.10 18.10 18.179 Oslo, kr . . . . 1S.36 18.75 18.155 Copenhagen, kr IS. 10 18.18 18.155 Berlin, r.m. . . 20.43 20.43 io.4: Rome, lire . . . SO.67 80.50 Prague, kr . . . 164j 164’. 24.02 <'alcutta, pence IS.00 16.00 24 Yokohama, pee . 22 11L6 22 0-16 24* Hong-Kong, pee 24 3-8 245 Montreal, do! . 4.86 la -16 4.86 13-16 4.865 New York, dol . 4.87J 4.S7 0-16 4.S6S Amsterdam, fi . 12.07 12.06J 12.10 Batavia, fl . . . 12.07* 11.071 12.10