COMMERCIAL

Evening Star, Issue 19407, 16 November 1926, Page 4

COMMERCIAL

SYDNEY WOOL SALES. Press Association—By Telegraph—Copyrigb* SYDNEY, November 15. The sixth series of wool sales has concluded. The ‘market ruled very firm at the best rates on last week. There was good general competition, and satisfactory clearances were made at unchanged levels. Greasy merino sold to 26Jd. SLOW BUTTER MARKET. CONTROL STOCKS QUOTED WITHOUT BUSINESS. [Per United Press Association.} WELLINGTON, November 15. The New Zealand Dairy _ Produce Board has received the following cable from the London office of the board, dated November 13:— BUTTER. New Zealand first grade, l-13s; finest, 'sos; cold stored, _ 138 sto 1445. A considerable quantity. of cold-stored butter has bean sold, but the market is quiet on control and other butters. Australian, 140 s to 1465. Canadian, 138 s to 1425. Ai’gentine, l_42s to 1465. Unsalted: Irish, 144 s to 1435; Dutch, 168 s to 170 s; Siberian, 130 s to 1325; Danish, 1725. Danish imports into England last week were 1,400 tons. Retail prices are unchanged. CHEESE. New Zealand white 86s to 87s; colored, 85s to 86s; Canadian white and colored, BSs to 88s; spot, 80s 6d to 82s (0.i.f.). The market remains very quiet, and retail prices are unchanged. American butter, 481 cents (equal to 169 s 3d, landed, ex duty). The market has an upward tendency. Montreal butter, 34& cents (equal'*to 1535, c.i.f., Montreal).* The market is firm. There is no Continental demand for colonial butter meantime. The New Zealand Producers’ Cooperative Marketing Association, Ltd., has received the following cable from London, dated November 17: — Butter: Market very slow; stored New Zealand, 136 sto 1425; selling slowly in preference to controlled butter, which is still quoted at 148 s to 150 s, with no business doing. Stored butter will rule IDs or more below controlled prices until cleared. The market may fall to 130 s at any moment. Cheese slow; very little business doing. Stored New Zealand, 78s to 86s, according to condition; Canadian, 86s to 88s.

DOMINION RUBBER COMPANY’S CROE. The secretary of the Dominion Rubber Company reports the receipt of a cablegram from the estate advising that the crop of rubber harvested for October was 45,4001 b.