COMMERCIAL

Evening Star, Issue 18144, 7 December 1922, Page 3

COMMERCIAL

SALE OF SHEEPSKINS. Catalogues of medium quantities were offered on. Tuesday to a good attendance of buyers. Competition was exceptionally been for all skins that were sound pelted and in good condition. Full-woolled merino and half-bred skins advanced to Id per lb, both these classes realising ■up to 14-|d per lb; while fine cross-bred skins, full wools, brought ll|d to pfr In. These prices have never been paid in this market before. Half-wool and quarter-wool skins also commanded attention. Quotations : —.Merino, three-quarters to full wool, 13! d to Id^d; half-wool merino, 9|d to 10jd; half-breds, threo-S-ters to full wools, 13|d to 14]d; -wool balf-breds, lOd to 11!d; quarterwool balf-hreds, 7|d to Bjd; fine crossbred three-quarter to full-wool, 11-Jjd to 12id; fine cross-bred half-wools, 8d to 9|d; cross-bred, full-wools, 7jd to 9]d; cross-bred, half-wools, old to 7,jd; crossbred, quarter-wools, 42cl to s,[d; halfbred hoggets, lid to 12d; cross-bred hoggets, B£d to 9;|d; merino dead to lOld ; cross-bred dead to 10i|d; half-bred dead to 6Jd; pelts, 2|d to 4d. Press Association—By Telegraph—Copyright. MONEY AND MARKETS. LONDON, December 5, ■Wheat cargoes are dull, and have declined 3d to 6d. Parcels arc easier, having fallen 6d. Wheat freights are rather easier. The steamer Hangasland has been fixed for Booth Australia and Victoria in January 43s 9d. The Orient Company shows a credit balance of £217,621. A dividend of 12] per cent, on deferred shares, tax free, was declared. The sum of £IOO,OOO was added to the reserve fund, and £72,903 was carried forward. The exchange rate on New York is 4dol 53| cents. Waihi shares : Buyers, 33s 9d; sellers, 24a 6cL Banks: Australasia, £l3 ss; New South Wales, £33 13s 9d (ex div.); Union of Australia, £l3 17s 6d; National of New Zealand, 125 s 6d; New Zealand, £9l and 565; New Zealand Loan and Mercantile (ord.), £73 10s.—A. and N.Z. Cable. , , LONDON WOOL SALES. LONDON, December 6. At the wool sales a better tone provailed. Merino prices were unchanged, #nd all others are firm. The Arden blip ■realised 261 d.