COMMERCIAL

Evening Star, Issue 19274, 12 June 1926, Page 12

COMMERCIAL

LONDON MARKETS, Messrs Dalgety and Go., Ltd., advise having received the following cable from their head office, under dato Juno 10:—Tallow; 1,175 casks of tallow offered. 341 casks sold; tallow is 6d per cwt higher. Butter: Butter is 2s per cwt higher. VICTORIAN LOAN OVERSUBSCRIBED. i press Association—By Telegraph—Copyright. LONDON, June 10. The Victorian loan of £3,000,000, at 4 per cent., offered at 98*, was subscribed nearly fourteen-fold. —A. and ■ N.Z. Cable. LONDON MARKETS. The Otago Farmers’ Co-operative Association of New Zealand, Ltd., has rei reived the following cable from Londonßutter; Market firm; jdow; | higher prices for New Zealand, 176 s to |l7Ss. Cheese; Steadier; 945. Lambs again weak, after improvement following the announcement of the embargo ou Continental meat. Mutton and beef are unchanged. AAool sales closed today. Compared with the last sales, closing prices are; Merinos, par to 6 per rent, up; fine cross-breds, par to 5 per cent, up; medium coarse crossbreds. 5 per rent, to 7* per cent, down.” LONDON WOOL SALES. jjpscrs Murray, Roberts, and Co., i Ltd., are to-day in receipt, of a further cable from their London agents, dated the 10th inst., giving quotations as under;-60-64’s (New Zealand merino), yielding 48 per cent., 22d (22.1 d at opening of%eries); 56’s. ridding 60 per cent.. 19kl (22d) ; 50’s, yielding 65 percent., lfi|d (17Jd); 44-4(Vs, preparing, yielding 74 per cent., LUd < Tod) ; 44-46 s, carding, yielding 72 per cent,, 13d (14d)f 40-44’s, yielding 7.3 percent.. (I'ljd'i; 36-t O’s, yielding <■' per cent., 12*d (LRd). jj lp Xc’.v Zealand Loan and Mercantile Agency Company Ltd., has received the following cable Ironi London, dnted HUh inst. : “As compared with l, q u males’ closing rates, prices are higher- -about par to 5 per cent, for seemed medium merino, merino lambs, tire greasy cross-bred, greasy merino, and line scoured cross-hred; about the same for sconr-d merino super, and line cross-bred slipe. Lower about par to r, per cent, for cross-bred lambs, coarse scoured cross-bred, coarse cross-bred slipe, medium cross-bred slipe, medium scoured cross-bred. Higher about par In o per cent, for scoured inferior merino, Lower 5 per cent, to 7* per cent, for coarse greasy cross-bred. Lower 7* per cent, to 10 per cent, for medium greasy cross-bred. The sales closed with a fairiv firm tone to-day.”