COMMERCIAL

Evening Star, Issue 18331, 19 July 1923, Page 9

COMMERCIAL

Presa Association—By Telegraph—Copyright.

THE WHEAT MARKET.

LONDON, July 17,

Wheat cargoes arc neglected. Sellers are offering at a decline of from 3d to 6d, and steamer parcels are fid to Is weaker. —A. and N.Z. Cable. LONDON SHARE MARKET. LONDON, Julv 17. Tho latest quotations are as follow: Bank of New South Wales, £3B ss; National Bank of New Zealand, £6 11s 3d (ox div.); Bank of Now Zealand, £9O and 635; Now Zealand Loan and Mercantile debentures £76, ordinary £7O 10s; Waihi —buyers 255, sellers 25s 10d,—A. and) N.Z.‘Cable.

SALE OF RABBITSKTNS,

Tho Dunedin Slock Agents and Woolbrokers’ Association reports that at the fortnightly sale held on Tuesday another largo offering was placed before the usual attendance of buyers. Bidding lacked spirit, and an irregular sale was the result; consequently lower values had to bo accepted. Best winter sorts showed a decrease on an average of about 2d per lb, spotted winters 4d per lb, incoming winters IjkL and autumns 2d per lb. Lower grades wero firm at last sale’s rates. Quotations: Prime winter docs, 91d to 97J,d; first, 70d to 83d; second, 48d to 54 d; spot ted, 39d to 44d ; prime winter bucks, 80d to Bad';' first, 66d to 78i,d; second, 48d to 53d; spotted, 36d_to 41d; spring bucks, 28 d to, 33d; spring dees, oOd to 35d: early winter, 60d to 65d; incoming winter, 64d to 68cl; late autumn, 43d to 47(1 ; early autumn, 33d to 37d; prime racks, 50d to 3.Ud; light, 26d to 28d : summer, 25d: to 27d; small, 16d to ISjd; first broken, 36d to 41jd; second, 30d to 34jd : autumn broken, 24d to 29d; summer. 18d to 22d; first winter black, 72d to 89d; second, 45d to 55d; autumn, 30d to 37d; first winter fawn, 6Qd to 65d; hnroskins, 20d to 30d. Tho above quotations are for standard Otago skins. Fatty, blood-stained, and badlystretched skins realised 1 less, according to quality and conditrim. Damp skins are not catalogued until properly dried. SALES ON ’CHANGE t THIS DAY. Auckland.—Waihi, 25s v’d ; Waihi Grand Junction, 6s 8d; Wilson's Cement. 28s; Inscribed Stock (4i per cent., 1958), £96 10s.