COMMERCIAL

Evening Star, Issue 19003, 27 July 1925, Page 7

COMMERCIAL

>ress Association—By Telegraph—Copyright ITALIAN WHEAT DUTY. 9 - ROME, July 25. Cabinet intends restoring immediately tlio duty of 7J gold lire per quintal on wheat. It is estimated that the imports of wheat in 1925 will bo limited to ten million quintals. SYDNEY BUTTER MARKET. SYDNEY, July 25. ' The wholesale price of butter has further advanced by 4s 8d to 186 s 8d per cwt. LONDON MARKETS. LONDON, July 25. Cotton: August delivery, 13.30 d lb. Rubber: Para, 52d; plantation, 52d to oOJd; smoked, 53Jd to 52d lb. Jute: August shipment, £43 lbsHemp: July-August shipment, £3B per ton. . rnn Copra: July-August shipment, £-9 15s. Linseed oil, £4l 5s per ton. Turpentine, 66s 3d per cwt. Antimony; English, £74 10s to £8o; foreign, £65. . , n ,, Chilled beef: Argentine fores 3jd, hinds 73d; Uruguay fores 3|d, hinds 6|d. Others are unchanged.—A. and N.Z. Cable. NEW ZEALAND APPLES. LONDON, July 24. . New Zealand Sturmers and Pokewoods realised 17s fid; Doughertys, 15s: Rome Beauties, 16s 6d; Tasman’s Pride, 16s per case.—A. and N.Z. Cable. THE WHEAT MARKET. LONDON, July 24. Wheat • cargoes are irregular, and parcels easier. Liverpool futures are quoted: July (sellers) 11s Bd, October 10s 6|d, December 10s per cental. —A. and N.Z. Cable. NEW YORK, July 25. Chicago wheat is quoted as follows : July 151|, September 149&, December 151| cents per bushel.—A. and N.Z. Cable. (Received July 27, at 1.30 a.m.) Wheat cargoes advanced from, 6d to Is, owing to the reports of the crop damage in Canada and the advances in the United States. The Indian City cargo sold at 56s 6d. Parcels were inactive, buyers refusing to follow the rise.

Liverpool futures: July sellers, 11s Bid; October, 10s 7^d; .December, 10s Bjd.—A. and N.Z. Cable. DAIRY PRODUCE. The National Mortgage and Agency Company is in receipt of the following cable from Messrs A. J. Mills and Co., Ltd., London “-Butter: Market firm; New Zealand, 194 s to 1965; Danish, 194 s to 1965; Australian, 184 s to 186 s; Siberian, 170 sto 1725. Cheese; Market slightly easier; white and colored, 108 s to 110 s.” GRAIN AND PRODUCE. Messrs Donald . Reid and Co., Ltd., report as under: — Oats.—Little interest is being shown in the market. Prices remain the same as last week. Wo quote: A Cartons, 3s 6d, on truck, sacks extra. Wheat.—The market is quiet, and sales are few and far between. Fowl wheat is’in demand, but there is very little offering. Good fowl wheat is saleable at 7s Id, sacks extra, ex truck, Dunedin. Chaff.—Few consignments arc coming to hand, and anything of prime quality meets with ready sale at £5 to £5 ss, sacks extra. Potatoes.—Owing to the continued wet weather and inquiries from the North Island merchants, the market has firmed to the extent of 10s per ton on last week’s prices. Wo quote, £6 10s per ton, sacks in, for f.a.q. tables. Messrs Dalgcty and Company, Ltd., report as follows: —Oats: The market during the week has remained lifeless, and quotations are only nominal—A’s 3s 6d (on trucks). Wheat; Practically all growers’ stocks are now in millers’ hands, and consequently the market is quiet. Fowl wheat continues in good demand at 7s Id per bushel (ex truck). Potatoes: There has been a much stronger inquiry for potatoes, especially good, sound, well-graded lines; and values have firmed. Prime tubers find a ready sale at £6 10s per ton. _ Cbaff; The demand, although not particularly strong, is sufficient to absorb all aond quality lines coming forward, and the price for these lots is unchanf»od. Medium and light lines can be quitted only at considerably reduced values. We qubte; Prime oaten sheaf, £5 to £5 ss; medium, £4 to £4 10s; light and inferior, £3 to £4 per ton (sacks extra). SALES ON ’CHANGE: THIS DAY. Auckland.—Bank of New Zealand, 65s 6d; New Zealand Insurance, 34s 9d; Milne, Choyce Debentures, 23s 6d; Sanford (ord.), 20s 6d. Wellington.—Sale: New Zealand Breweries Bonds, £1 2s Od. Reported: Crown Brewery, £2 (two lots).