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COMMERCIAL., Issue 15649, 13 November 1914
CHRISTCHURCH WOOL SALES,
Before the sales commenced at Christchurch yesterday tho chairman of the Christchurch Wool Brokers’ Association read tho following notification, which is the same as that adopted by tho Australian wool brokers :—“Auctioneers will only accept the bids of a buyer on the express condition that such buyer is not acting on behalf of a principal in Germany or Austria. The auctioneers reserve "to themselves the right of cancelling any purchase made in violation of this condition.” Although the sale could not ho said to he a brisk one, there was no question as to tho keen demand for wool, as was evidenced by tho high prices that were realised for all classes but merino wool. There was very solid bidding by several Bradford buyers, who took the bulk of the wool, and, besides these and two local buyers, it was seldom that other names were called. Only a, small amount of wool was secured by tho local woollen mills, although bol.i Dunedin ami Wellington mills were re presented. All classes of cross-bred woo!, from tine to coarse, came m for a share i>f the demand, half-bred and three-qmmer-brod selling particularly well; and even sconrings. such as locks and erntchim,?. were not neglected. Ihe range of values was higher than at tho best sales of last season. LONDON WOOL SALKS. Messis Dnlgefy and Co.. Ltd., report having received the following cable from their head office, dated London. November i<). 1914;—“ Wool catalogued totalled 44.000 bales, of which the Home trade bough! ,07.,5C0 bales; not offered. 3.300 baiv«: withdrawn, 5,200 bales.” Till-: HIDE SALES. Press Association—By Telegraph—Copyright. MELBOURNE. November 12. At the hide sales to-day fair prices nil, j. Th-re was a good demand, and m • . - were U! higher. AT-T'KALIAN IMIOIHTK MARKETS. Press Acto-riation—By Telegraph—--Copyright. SYDNEY. November 12. n.;t... -V! :ei i.iti feed. 3s 8d; milling. 3s -V,; Tasmanian, 3s f)d. Ibii-li-v.— Cane feed. 3s (id; English. 3s YE ' Mr ire. 3s lid t- 4.- 3d. _ Potatoes. —Tasmanian. £7: New Zealand. £4 10s (;d. Onions. Victorian. £0 1-. I Inticr.—Selected. 101-; seconds. 04s i.. 93-. ( bees l '. 5d to 691. R.n on. od. ADELAIDE. November 12 Wheat. 4s 10.1 to 4s lid. Flour. £lO 10s to £ll 10s. P.ran ami pollard, £8 7s 6-1. MELBOURNE, November 15. (Received November 13. at 10.10 a.in.) Oats. 5s 5 1 to 3s 7d. Barley : English. 5s 6d to Gs; Cape, 4s to 4s sd. Maize, 4s Id. Potatoes, £6 10s to £7 10s. Onions. £lO to £l2, MONEY AND MARKETS. Press Association—By Telegraph—Copyright LONDON, November 12. (Received November 13, at 11.15 a.m.) —Ban!: Returns and Discounts. — The stock of gold coin is £68.678.000; reserve. £52,212.000 ; proportion of reserve to liabilities, 33.35 per cent. : notes in circulation, £35.519.000; public deposits, £19.249,000; other deposits. £137.287,000; Government securities, £17.004.000; other securities. £10,591,000. t-liort loans, 11 per -cent. The rate of discount for three months’ bills is 2 15 15 per cent.
Metals.— Copper. £sl to £sl ss. Electrolytic. £55 to £55 IGs. Tin, £157 5s to £157 15s. Pig iron. 49s 4td. Lead, £l3. Silver, 23 5-16 1 per or. —Sugar.— Foreign granulated. 27s 6d. Bradford Wool.— Cross-breds are firm at spot. but slightly easier for future.'. --■ Wheat and Flour.Wlieat.—Quiet, and .5.1 lower. There is pra"t!eally no bidding. Australian landed, 50s. Flour. —Quiet. Australian store, 36s to 56s 6d. —-Farley. Oats. Peas, and Beans.— I’.arlev. —Finn. Australian ehevalicr, 53s to 355. Oats ami Peas. —Steady ami unchanged. Beans. — Finn. New Zealand, 50s to 52 s. P.utter and Cheese. — nutter. —Firm, with sternly demand. Colonial, choicest Victorian, salted, 124s to 1265: nusalted, 126s to 128s; NewSouth Wales and Queensland, salted, 122s to 1245; nusalted. 124s to 1265; New Zealand, 128s to 130'; secondary, Australians, 120s to 1225. Cheese. —Firm. Canadian, 755. SYDNEY WOOF SALES. Press Association—By Telegraph—Copyright. .SYDNEY, November 13. (Receives! November 13, at 9.15 a.m.) 'ldle sales Cosed without any. appreciable fhan.ee in good Casses, but fanltics were practically unsaleable.
COMMERCIAL., Issue 15649, 13 November 1914
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