OVERSEAS MARKETS.

Auckland Star, Volume LX, Issue 36, 12 February 1929, Page 4

OVERSEAS MARKETS.

, SYDNEY WOOL SALES. ! SYDNEY, February 11. i At the Sydney wool sales to-day 11,163 > bales were sold. There was keen competi--1 tion from Japanese, German and Yorkshire • buyers. The market was very firm at the i closing rates of last week. Comebacks and . crossbreds maintained good levels. Greasy I Merino sold to 27% d. DAIRY PRODUCE. [ Messrs. Joseph Nathan and Co. have reI ceived the following cable from their t London principals, Messrs. Nathan and ; Trengrouse, Tooley Street, dated February 10, as follows:—New Zealand cheese: White, 89/; coloured, 92/ per cwt. Amalgamated Dairies, Ltd., have received ( the following ■ cable from their London manager, under date February 9:—Butter: Anchor, 182/ down to 180/ for lines. Unsalted, 186/. Prices irregular, other finest . selling down to 178/. Market still idle. . Danish, 195/ spot, 188/ f.o.b. Deliveries New Zealand, 1928 tons; stock, 4178. , Cheese: White, 88/ to 90/; coloured, 92/ to 94/. Market slow. Canadian: Matured white, 108/ to 112/; coloured, 104/ to 110/. Retail unchanged. TALLOW, HEMP, WOOL. L . The Department of Agriculture has received the following cablegram, dated February 9, from the High .Commissioner for New Zealand, London:— Tallow.—There was no auction this week. The demand privately was at last rates quoted. Hemp.—The heavy output of Manila demoralised the market, but at the close a steadier tone prevailed. J Grade is how quoted for February-April shipment at sellers £35 10/. The output from January |1 to 31 was 157,000 bales, against 100,000 I for the same period last year. Stocks in j Manila on January 31 were 165,000, against 154,000 at the same time last year, and in Britain 14,000, against 11,500. The j sisal market is dull and easier in sympathy with Manila. Nominal closing values are\:—No. 1, February-April shipment, £41 r No. 2, £39, with first marks 10/ more. Sellers are not pressing, having placed the greater part of their production. The New Zealand market is dell, with rather more offering in better sorts. In the absence of business, nominal comparative values for February-April shipments are: Highpojnts, £35 10/; fair, £33; common, £31. Wool.—The Bradford market is quiet and buyers are cautious. Most qualities of tops are easier. Present quotations are: 64's, (Merino), warp, 3/10 per lb (average 3/9); 56's (super halfbred), 2/10; 50's, prepared, 2/5; 40's, prepared, 1/10%. BRADFORD TOPS. 'Australian and N.Z. Press Association.) (Received 11.30 a.m.) LONDON, February 11. Bradford unchanged, very pessimistic tone. CHICAGO WHEAT VALUES. (Australian u*4 N.Z- Press Association.) (Received-10 a.m.) CHICAGO, February 11. Wheat for delivery in March is quoted at Chicago at $1.24% per bushel. For May ; juo* y the ra *e " *l-28Vi, and for July,*