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COMMERCIAL.

THE WOOL SALES. Press Association—By Telegraph—Copyright. LONDON, October 24. A large proportion of the wool available for November is held privately, and the suggestion has been made that the list be reopened. Selling brokers discussed the matter, and decided not to make any recommendation. COLONIAL BANK OF AUSTRALASIA Press Association—By Telegraph—Copyright. MELBOURNE. October 25. The half-yearly report of the Colonial Bank of An'stralasia shows a net profit to September 30 of £28,224; brought forward, £4,485. A dividend of 7 per cent, is recommended, with an addition ot £IO,OOO to the reserve fund, and £6,334 carried forward. THE MARKETS. Press Association—By Telegraph—Copyright. LONDON, October 24. Frozen Meat.—The following are the latest quotations for all classes of meat, including ex-store sheep. In the case of those not quoted the price is unchanged : Mutton—Canterbury, light 6d, medium 5 15-16 d, heavy- 5Jd; Southland, 5 13-16 d ; North Island, best brands (56641b) 5 13-16 d, ewes 5 2-16 d. Beef—New Zealand, fores s|d, hinds 6i<l; River Plate, chilled fores 5Jd. hinds 5Jd, frozen fores hinds 6j,d : Uruguay, frozen hinds 6id, fores Ski, chilled fores 5-Jd, hinds 5 Ul. Other meats are unchanged. Rabbits are steadv and unchanged. Copper.—Spot. £54 ss; three months. £54 15s. Silver. 22 11-16.1. Danish butter is very irregular. The official quotation is 140s to 1425. Salted is offered at a considerably lower price. LONDON. October 25. ißeceived October 26, at 9 a.m.) Wheat: Very firm; 6d advance is asked, and very little in offering. The quantity of wheat and flour afloat for the United' Kingdom is 2,075.0C0 quarters, and for the Continent 1.345,000 quarters. The Atlantic shipments were 759.0C0 quarters, and the Pacific 15,000 quarters. The total shipments to Europe this week were 960,000 quarters, including India 124.000 and sundries 11.COO quarters. The Saskatchewan Grain-growers' Association appeal to member to earmark one acre of next year's crop for the patriotic fund. Uis expected that this will realise 600.000 bushels. Jute: October. £lB. Hemp: Inactive. Good fair OctoberDecember, £22 10s. Rubber: Para, 2s 7Jd; plantation. 2> 3d : smoked, 2s 4d. Galvanised iron; Best. £l9 15s; second. £l6 ss. Angle steel, 102s 6rl. Electrolytic copper, £22 10s to £25. Tin: Straits, cash and irregular, he tween £l2O and £136 10s. Lead : Soft foreign spot, £lB. I Quicksilver: Nominal, 210s. Silver, per oz.

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https://paperspast.natlib.govt.nz/newspapers/ESD19141026.2.53

Bibliographic details

COMMERCIAL., Issue 15633, 26 October 1914

Word Count
381

COMMERCIAL. Issue 15633, 26 October 1914

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