COMMERCIAL.

Auckland Star, Volume LI, Issue 117, 17 May 1920, Page 7

COMMERCIAL.

IvOXDON" PRODUCE MARKETS. LIVERPOOL WOOL SALES. LONDON. May 15. Owing to plentiful supplies of Home butter the the multiple shop companies are retailliiK It nt 2 lv per Hi; consequently ninny retailers are refusing allotments of finvoniment butter. which Is mostly blended an.l Inferior to tli« home-made, article. The trade anticipates an early reduction In fife (jorernnient retail price, :proba-bly to 2'o. Wheat is quiet. Small sales of Australian have been landed at 103/11 ex Bhin MO/. Flour is ehowinK a steady demand, nntl a fair quantity has been allocated. Oats nrp firm: Ln Plata spot. .">!).:{. Beans nre quiet and unchanged. Peas are steady: Tasmani.in 2fi/ ewt. The Liverpool wool soles attracted a ; moderate attendance, and there was fair competition for pood jrreasy combing meriuos. Continental buyers were operating freely in faultr merinos and fine cross-breds. Prices for tine crosstireds and I-omlon elosinc rates. Medium creasy merlr.oa declined 5 per cent., scoureds 5 to no per cent, and flue and medium greasy <ro«sl>redx 3 to 7*. All low sorts -were ■withdrawn. Scoured slipes -were irreinilar. with heavy -withdrawals of low qualities. T*lip Bradford nmrkpt is cjulet nnd more sealed. Sixty-fours are quoted at 1:!'. fifty-sixes 7'U fifties 5/8, and forty-sixes B,Tk—(A. and X.Z. Cable.) LOXDOX, .May 14. rotton.—Tune shipments. 24..T5d. Jute.—Dull. May June shipments. £.-)<!. Hemp.- Flat. I'ebruary-April shipments. £54. Tiubber. —Pnra £2rt 10/; plantation. £22 17 T>: smoked. £22 12 r>. Copra.—May-July shipments. £3S nominal. Linseed Oil.— COO. Turpentine.—£lo. Wool.—The Liverpool wool sales have closed. Prli-es were practically unchanged. —(A. and S.Z. Cable.) LONDON STOCK EXCHANGE. LONDON. .May 14. The following were the closing rates on the l/ondon Stock Exchange to-day for the shares named: —Walhi. buyers 3S'9, sellers 41/H: Broken Hill, buyers 6S/S. sellers (M/ 3; Broken HIII North, buyers 35/, sellers r>3/3: Hanvpden. IC,': Briscis. IS/; Mount L-ell. buyers 2410 sellers 2o': Boulder, buyers 7,'rt. sellers S : Ivaohoe. Iruyers '.'.">. sellers 27/0; 'Hamilton, buyers '20/. sellers 22 C—(A. and N.Z. Cable.) BYCKOKT, LTD. The directors of Bycroft, Ltd.. have declared a dividend of 7 per cent, now payable nt the office, Shortlam! Street. The report submitted at the annual meeting (presided! over by Mr. Charles Rhodes) stated that the capital was now £4ri.not). The construction of the new buildings had cone on steadily, though hampered by shortage of labour. The ' delivery of new machinery was seriously ] delayed by strikes in Knpland. hut it was: hoped the mill would b? ready to work by i the end of the year. The biscuit maklnc plant had been reorganised, and was much j superior in its lay-out and convenience. 'Hie j company's Honr trade had been conserved i by arrangements! through the Wheat Con-i tfoller with Southern Hounnlllers to eichance Bycroft. I.lmileds. wheat for their flour, but the difficulty and annoyance of i obtaining transport from the South had I much hampered] Mr. C. Rhodes, the retiring director, was re-elected and reappointed chairman. .Mr. .1. l.ilmore was j re-elected auditor.