COMMERCIAL

Evening Star, Issue 19408, 17 November 1926, Page 2

COMMERCIAL

Frees Association—By Telegraph—Copyright. WOOL MARKET. LONDON, November 15. The available quantity of wool for the sales opening in London on November 23 is 137,600 bales, including new arrivals of Australian (55,600 bales) and New Zealand (28,500 bales) The Bradford tops market shows a better tone, with more business at slightly better prices. WHEAT MARKET. LONDON, November 15. Wheat cargoes are inactive, and are 3d to 6d easier on freer American offerings, making the closing prices lower. Parcels are in small request at 6d to 9d decline. Liverpool futures: December, 11s 6Jd; March, 10s lOd; Slay, 10s 6)d per cental. . c METAL MARKET. LONDON, November 15. Copper; Standard, spot, £57 16s 3d; forward, £SB 13s 9d. Lead: Spot, £29 10s; forward, £3O. Spelter; Spot, £34; forward, £33 17s 6d. Tin: Spot, £3ll ss; forward, £3Ol 12s 61 Silvir; Standard, 25Jd; fine, 27Jd per ox FOREIGN EXCHANGE RATES. LONDON, November 16, The exchange rates are as follow: Nov. 11. Nov. 16. Paris, franc to £1 ... 150.38 144.63 Brussels, belgas to £1 34.82 34.84 Oslo, kroner to £1 ... 19.37 19.40 Copenhagen, kr. to £1 18.20 13.20 Stockholm, kroner to £1 18.17 18.17 Berlin, rehmkn. to £1 20.42 20.43 Rome, lire to £1 118.38 118.13 Calcutta ... —l7 J Montreal, dollar to £1 4.484 4.484 New York, dol. to £1 4.8413-16 4.841-16 Yokohama, st. to yen... 24$ 244 Hongkong, st. to dollar 251 23j Amsterdam, gld. to £1 12.12 12.124 Batavia, guilder to £1 12.094 12.094 —A. and N.Z. Cable,

SHEEPSKIN SALE. [ The Dunedin Stock Agents’ Association held its fortnightly sale yesterday, when fair-sized catalogues were offered ito the usual bench of buyers. Bidding I was not spirited, and prices were par to' Jd down on last sale’s rates. The following is the range of prices obtained:—Pelts, faulty, 3Jd to 54d; pelts, good, 8d to 9d; cross-bred quar-ter-wool, ?4d to 9|d; half-bred quarterwool, 8d to lOd; cross-bred half-wool, 9d to lOfd; fine cross-bred half-wool, 10Jd to 12d; half-bred half-wool, 10Jd to 12|d; cross-bred full-wool, Kid to 114 d; fine cross-bred full-wool, 12Jd to 13|d; half-bred full-wool, 14d to 144 d; cross-bred faulty half-wool, Bfd to 10d: half-bred, do, 10fd to lid; cross-bred full-wool, faulty, 9Jd to 9jd; half-bred do, Hid to 13id; merino, do, lid to Hid; cross-bred, dead and damaged, 9d to 10id; half-bred, do, lOd to 13d; cross-bred hoggets, lOd to Hid; fine cross-bred hoggets, Hid; half-bred hoggets, 12Jd to 13d; merino full-wool, 13d; new season’s pelts made 3s 6tl to 3s 9d. GRAIN AND PRODUCE. Messrs Donald Reid and Co., Ltd., report:— Oats.—Little or no business is passing. Northern merchants are reoffering their local holdings, but prices offered are not conducive to business. We quote: A Gartens, 3s; B Gartens, 2s lOd (sacks extra), on trucks, country stations. Wheat.—There is still an occasional sample coming to hand, but numerically the quantity offering is generally insignificant. Milling quality is worth 7s 6d, ex truck, Dunedin. Fowl wheat to 7s, ex store, sacks extra in each case. Chaff.—This market is much quieter, and values have eased back slightly, and unless the shipping demand improves will decline still further. We quote: Prime quality to £5 15s, ex truck; medium and inferior are rarely inquired for, and can- be classed as unsaleable. Potatoes.—The supply is far ahead of the demand, and the bulk of consignments are lying in store with little chance of being sold. £2 10s is value for fair average quality table whites, but with new potatoes offering freely sales are not easy to effect even at this price.