COMMERCIAL

Evening Star, Issue 18051, 19 August 1922, Page 4

COMMERCIAL

■SAT,'RS ON ’GRANGE: THIS DAY. Auckland.—Bank of New Zealand, 56s 6d; New Zealand Loan and Mercantile. £74; Commercial Bank, 33s fid; National Bank, £5 18s fid. Reported sale : Ecichmark’ 4,200 (to £); Grand Junction, 8s lOd. TALLOW AND MEAT. Tlio New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cablegram from its London house under date the 16th hist. : Tallow.—Wo quote present spot values for the following descriptions:—Pine mutton, 41s fid per cwt; good beef, 40s Sd ; mixed, 565. Market quiet. New Zealand frozen meat: Lamb, quotation unchanged; mutton, market firm, with upward tendency; beef—ox hinds 4|d per lb, fores 2|d; cow hinds sjd, fores 2|d. AUSTRALIAN WOOL CONVENTION. NEW ZEALANDER TO ATTEND. SYDNEY, August 19. (Received August 19, at 9.5 a.m.l Mr Bernard Tripp (Timaruh a Not Zealand pastoralist, who- is spending a holiday in Australia, has received an invitation from Sir John Higgins to attend the wool convention in Melbourne on August 29. The conference will discuss the procedure to bo adopted regarding the allocation and disposal of the carry-over wool and current clip wool of the 1922-23 season, and consider statistically the position of merino an-d cro.ss-brcd wool fl-nd the sta* bilisation of the wool market, particularly in regard to cross-breds. —-A. and N.Z. Gable.