COMMERCIAL

Evening Star, Issue 18925, 27 April 1925, Page 1

COMMERCIAL

THE WOOL MARKET. BRADFORD MAN UF ACT UR ERS’ OFFER, Press Association—By Telegraph—Copyright, LONDON. April 25. On the oi-ecutive's recommendation a general meeting of the Wool Federation of Bradford unanimously resolved : “ That we offer the wool growers in Australia, New Zealand, and South Africa id a lb over and above the price of wool on all wool packed under the, wool tare guarantee, (he arrangement to stand for five years,"—A. and N.Z. Cable. LONDON MARKETS. The Otago Farmers’ Co-operative. Association has received the following cable from London :—Butter : Market very weak, and immediate improvement not expected. Prices ; New Zealand, IMe to 1665; Australian, 156 s to 15Bs ; Argentine, 152 sto ]s4s; Siberian. J4os to 147«. Cheese ; The demand is inclined to ho weak. Prices ; New Zealand, 96b to 995, Frozen lambs : Demand is very firm, and outlook still more favorable, Mutton: The market is weaker. Bed; Market rather quiet. As showing the interest that i« being taken in mining prupositions, we hear that, the St. Bat bans Gold Mining Company was fully subscribed m a lew days. The company intends to deal with the well-known rich Kildare lead bv underground mining instead of by the old principle of hydraulic elevating- It is considered that hy this change of process very much hotter results will be obtained, and at a reduced cost of working. We also understand that exceptionally rich sampEs have been taken out of this lead quite, recently.