COMMERCIAL.

Evening Star, Issue 14319, 18 March 1910, Page 6

COMMERCIAL.

Silver it- quoted at 23 11-16(1 per oz. THE WOOL SALES. Press Association—By Telegraph—Copyright LONDON, March 17. The Waihoku c.-lip sold up to 114(1, realising an average of 101*1. (Received March 18, at 9.45 a.m.) There was keen and spirited competition at the wool gales, and full price* were maintained'. The- Bank of Now Zealand have received the following cable advice in respect of the London colonial wool sales, which opened on March 8 :—" Current prices for South Island fur.nier.-i' lots. Canterbury stylo: Inferior merino common 60s to 64V, 11 J,d to 12d per lb; superior merino super. 60's to 64 ? 5, 13d to 14d per lb; half or quarter-bred 56's, averago condition, 13J,d to 14i,d per lb; crofsbred coarse, prices aro lower par to 5 per cent." NEW ZEALAND BONDS. Press Association—By Telegraph—Copyright LONDON, March 17. Nearly £2,000,000 worth of New Zealand 3J, per cents., with a currency of five years, convertible into bonds, will bo issued after Easter. THE BANK RATE. Press Association—By Telegraph—Copyright LONDON, March 17. (Received March 18, at 8.40 a.m) The Bank rate is increased to 4 per cent. A NEW SOUTH WALES ENGLISH EXHIBIT. Prei-s Association—By Telegraph—Copyright LONDON, March 17. (Received March 18, at 8.45 a.m.) Xow .South Walos b arranging to exhibit the. products of that State at tho leading agricultural shows in tho spring and summer. Mr Coghlan, the AgentGeneral, considers that such an exhibition will attract a desirablo class of immigrants. GRAIN AND PRODUCE REPORT. Wheat.—Large offerings of South-grown wheat during the week have caused local buyers to reduce their limits, with the con - sequence that not a great deal of business has taken place. The quality of the South wheat this season is giving great satisfaction, and this means that with the exception of velvet, which is not grown thero to anv extent, buyers will not require to draw "anything like the quantity from the North, "as in previous years. Velvet, which is in good demand, is worth 3s lid to 4s, Tuscan and redehaff, 3s BJ,d to 3s 10d; fowl wheat, 3s 6d to 3s 8d ; medium and inferior, from 3s to 3s 5d per bushel (saeks extra). Oats.—The quantity ottering continues to be very limited, and from appearances it looks "as if supplies are going to be light. Prime milling is worth Is 9£d to Is lOd ; best feed. Is 9d to Is and inferior, from Is 6d to Is 8d per bushel (sacks extra). Potatoes.—-With larger supplies coming to hand prices have receded quite 5s per ton. Best table descriptions are worth from £3 10s to £3 15s, while other sorts meet with very little attention from £3 to £3 7s od per ton (sacks in). Chaff.—The market remains firm at late quotations. Prime quality is worth £3 5s to £3 10s; medium, /£2 15s to £3 2s 6d ; inferior, from £2 to £2 10s per ton (sacks extra). Eggs.—ln steady demand, at Is Id per dozen for cased lots. Butter. —Market very firm, supplies com r ing to hand being light. Farmers' ftats are worth 7£d to Bd, and bulk B£<l to 9d per lb.