Markets and Money

Sun (Auckland), Volume I, Issue 212, 26 November 1927, Page 15

Markets and Money

WOOL PRICES LATEST FROM LONDON PRICES VERY FIRM Reed. noon. LONDON, Friday, j At the wool sales, 11,139 bales were > offered, of which Australian totalled 8,568, and New Zealand 2,571. Thero was an excellent selection of ! Merinos, principally suitable for the Continent. The offering of crossbreds was chiefly slipes and scoureds. There was a strong demand for all sorts, and very few withdrawals. Prices were very firm. New Zealand —Hiko, top 43d, average 41 id; Tyo, 41d. 38d.—A. and N.Z. Under date November 25 the London \ office of Dalgety and Co., Ltd., cabled as i follows:—“Wool sales continue active, with the lately reported rates fully main- j tained.” ADELAIDE PRICES RISE ADELAIDE, Friday. j | There was spirited bidding at the ! wool sales. Prices show an advance of i 5 per cent, on the previous ruling rates, j —A. and N.Z.

NEW WOOL-PACK INVENTION BY WOMAN LONDON. Thursday. Twelve bales of Wingadee wool, in a new hemp-lined pack, invented by ’ Mrs. Mary Baird, of Sydney have been exhibited in London. Buyers did not show much interest in the exhibit. Some experts say they consider the pack is not likely to be a success and that ; they prefer the Aykroyd wire and paper pack—A. and N.Z. SOUTHERN EXCHANGES Christchurch.—Sales on ’Change:. .N.Z. Refrigerating (£1 pd.), 16s 9d, (con.), Ss 2d (4 parcels); Christchurch Gas (new 5s pd.), 6s 7d (2 parcels). PRICE OF GOLD I By Cable. — Pre.Association.—Copyright Reed. noon. LONDON, Friday. Gold is quoted at S4s lltd an ounce.— A. and N.Z. CHICAGO WHEAT I By Cable. — Press Association.—Copyright | Reed. 10.12 a.m. CHICAGO, Friday. ; W heat.—December, 1 dollar 271 cents | a bushel; March, 1 dollar 31 7-8 cents; May, 1 dollar, 343 cents.—A. and N.Z. BUTTER AND CHEESE Joseph Nathan and Co. are in receipt of the following cable from their London

principals:—“Butter, 172 s to 1745; market weak. Cheese, 100 s, nominal.” COMING AUCTIONS Messrs. Samuel Vaile and Son. Ltd., will sell at their rooms, 83 Queen Street, the following properties in deceased estates:—Villa of 5 rooms and conveniences, situated at 54 O’Neill Street, Ponsonby: a two-storev cottage of 5 rooms, situated ; 12 Prospect Terrace, Ponsonby. Both i properties are to be submitted by auction on Friday, December 9, at 2 p.m. A fine sale by auction of furniture and furnishings of particular interest to those living in the vicinity of Remuera, will be held by Messrs. Roberts and Co., on the I premises, Cotter Avenue, just past the ‘ Remuera Librarv. ■,n Tuesday, November C 29, at 11 a.in., when the contents of a • ' off ere * Mr. AY. J. Cuttle will be the i auctioneer.