COMMERCIAL

Evening Star, Issue 17366, 31 May 1920, Page 7

COMMERCIAL

WOOL TRADE. Press Association—By Telegraph—Copyright. Australian and N.Z. Cable Association. LONDON, May 29. The ‘Yorkshire Observer’ states that an effort is being made in Manchester to start, wool sales through the dock warehouses at Old Tranord, replacing the Liverpool auctions, it is pointed out that Manchester offers woo! ships numerous chances of profitable back loading. Au experiment was also being mads at present with the establishment of a selling and distributing centra at Hull. Whether it will bo continued after the Government sales are completed depends on the attitude of the Bradford trade. At tho Bradford wool sales there was a moderate attendance. Average Bradford combings were irregular at slightly above Liverpool rates. Faulty merinos and cross-breds were mostly withdrawn. HOME MARKETS. LONDON. May 29. Cotton ; June shipment, 28a to 48c per ib. _ Linseed oil, £9B; turpentine. 185s. Rubber : Para, 25i-d ; plantation, 24£ d ; smoked, 24|d. „ Hemp : The market is neglected. February shipment, £54. Jute ; The market is quiet. May - June shipment, £53. Copra: May-July shipment, £55 10s. nominal. A powerful American syndicate (at tho head of which are said to be Mr Hcnrv Ford and Mrs J. P. Morgan) have offered the British Government 6.CCO.CQO sterling for tho motor depot at Slough. The offer is said to cover not only 'tho site, but also thousands of motor vehicles, the machine shops, and an immense stock of spare parts accumulated for repairs. If tie deal comes off. the syndicate propose to organise a gigantic motor transport system for Great Britain.