Article image
Article image
Article image
Article image
This article displays in one automatically-generated column. View the full page to see article in its original form.

COMMERCIAL.

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 ,07.,5C0 bales; not offered. 3.300 baiv«: withdrawn, 5,200 bales.”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.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19141113.2.50

Bibliographic details

COMMERCIAL., Issue 15649, 13 November 1914

Word Count
656

COMMERCIAL. Issue 15649, 13 November 1914

  1. New formats

    Papers Past now contains more than just newspapers. Use these links to navigate to other kinds of materials.

  2. Hierarchy

    These links will always show you how deep you are in the collection. Click them to get a broader view of the items you're currently viewing.

  3. Search

    Enter names, places, or other keywords that you're curious about here. We'll look for them in the fulltext of millions of articles.

  4. Search

    Browsed to an interesting page? Click here to search within the item you're currently viewing, or start a new search.

  5. Search facets

    Use these buttons to limit your searches to particular dates, titles, and more.

  6. View selection

    Switch between images of the original document and text transcriptions and outlines you can cut and paste.

  7. Tools

    Print, save, zoom in and more.

  8. Explore

    If you'd rather just browse through documents, click here to find titles and issues from particular dates and geographic regions.

  9. Need more help?

    The "Help" link will show you different tips for each page on the site, so click here often as you explore the site.

Working