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Tho * .Mercantile Gazette' Teports registration of another ' !New Zealand tobacco companv. under the name of W. D. and If. 0. Wills (New Zealand), Ltd., a private companv, 17th April, 1919. Capita', £IO.OOO. into 10,000 shares of £1 each. Subscribers : Svdnev—A. Warrv. 2,000; Melbourne— L. ,*j. Benjamin. 2.000; Wellington—J. W. G. Brodie 2,C00. 11. M. Mirams 2,000. .1. E. Ram-ray 2,000. Objects : T:» cany on the bur-iness of grow era of tobacco, inatuifac-tuiers, importer*, brokers, etc.. and agents in connection with tobacco in al! their respective branches. WOOL SALES. Prcac Awociation —By Telegraph—Copyright. Australian mid N.Z. Cable Association. LONDON", May 1. (Received May 6, at 9.30 a.m.) At the Liverpool wool sales 11.924 bales were offered, half from Queensland and half from New South Wales, and all were sold. There was a poor selection, both of merinos and cross-bred, but there was keen competition from the home trade. Xo buying for export was allowed from this sale. Merinos and tine cross-breds were felling at 5 per cent, above the last sale: low eross-breds remained unchanged. The Bradford wool market is exceedingly firm. Quotations for both merinos and cross-bveds. are still advancing. At the Jiondon sheepskin sales there was a large attendance and good com2>etitioji. Cross-breds, combings, and merinos showed a 10 per cent, advance on last allocation sale. There, was a good demand for Burry wools, faulty pelts reaching tho prices tuling at !he last allocation. There was some buying on French and Belgian account, but none by America or neutrals. MONEY AND MARKETS. LONDON, May 1. (Received May 6, at 9.30 a.m.) Bank of England returns: Coin, £84..204,0Q0; reserve, £26,964,000: proportion of reserve to liabilities, 18.39 per cent.; notes in circulation. £77,162.000: public deposits. £21,930,000: other deposits, £124,722,000; securities, £55,088,000; other securities, £82,227,000. A great boom is expected on the Stock Exchange on Friday after the May Day holiday, owing to the reduction of the Excess Profits Tax. The Government's prices for Irish butter are: Superfine, 263s per cwt, free on rail; other grades, 260s to 2285. Wheat and flour: Market quiet, little offering- Oats, firm. Peas and beans, good inquiry, prices unchanged. Sugar, prices unchanged.
COMMERCIAL
Evening Star, Issue 17036, 6 May 1919, Page 6
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