WOOL SHIPMENTS

Sun (Auckland), Volume III, Issue 921, 14 March 1930, Page 10

WOOL SHIPMENTS

VESSELS AVAILABLE The New Zealand Loan and Mercantile Agency Co. of New Zealand lias received the following cablegram from its London house, dated March 12: Wool Sales. —List closed March 10. Port Hobart, lonic, Cambridge, Norfolk, Mataroa, Port Campbell, Ruahine, Bencruachan, and Kent available. BUTTER AND CHEESE Merchants report receipt of overseas cablegrams as follow: Amalgamated Dairies, from its London office, under date March 13: Butter—Anchor, 1445; other, finest grade, 141 s to 1425; market firmer; Danish, 149 s f.o.b. Cheese—White, BSs; coloured, 85s; market firm. Andrew Clement and Sons, Ltd., from their London office, dated March 13: Butter—Steady, 139 s to 141 s; unsalted, 150 s. Cheese—Firm, 84s; coloured, 85s. The Kent has arrived. NEW YORK BANK RATE DOWN Reed. 9.20 a.m. NEW YORK, Thursday. The Federal Reserve Bank has reduced the rediscount rate from 4 per cent, to 3£ per cent. ROMA SHOWS OIL BRISBANE, Thursday. The assistant Government geologist has reported on the Roma oil development. He says there is a flow of water and inflammable gas. Both have been sampled. He observed only a slight iridescence due to oij in the sample, which consisted of water and heavy, dark brown oil. MELBOURNE HIDES MELBOURNE, Thursday. At the Melbourne hide sales today prices were firm. Heavy kips were a I farthing lower.