COMMERCIAL

Evening Star, Issue 17062, 5 June 1919, Page 10

COMMERCIAL

WOOL SALES. Pte»« Awoetaiion— By Triasraph—Copyright. Australian and N.Z. Cable Association. LONDON, May'"23 (delayed). The wool sales closed firnii There was good competition for super-combings and cross-breds, but low carbonising sorts were irregular, and some lots were withdrawn. Fine cross-bred and merino combings wore. about 5 per cent, above opening other descriptions, about par. "Ruhana " (New Zealand) wool made up to 28d, and averaged 26^d. COCOA COMBINE. LONDON. .May 23 (delayed). The Cadbury and Fry firms have, combined, to form a British cocoa company. with a capital of £2,102.000. I WOOL FREIGHTS. j (From the. Representative with the N.Z. j Peace Delegation, Mr Rilet.) LONDON, June o. Lord Inverforth. Minister of Munitions, has sent Mr Massey an interesting statement in regard to freight arrangement? for New Zealand wool. He states: "Since February we have had an agreement with liners to carry till wool required for the United Kingdom and France up to December 31. 1919. at the very favorable rate of lfd per lb. Four, or Jive months hence the time will come to make arrangements for 1920 freight requirements. In justice to the New Zealand sheep fanners, who havo heavy interests iu <he protits on (he resale of wool, the Ministry of Munitions will, of course, feel obliged to secure the. lowest possible freight for wool which can he obtained from ships sailing under tho British Hag."