COMMERCIAL

Evening Star, Issue 19708, 8 November 1927, Page 8

COMMERCIAL

THE BRADFORD MARKET. Press Association—By Telegraph—Cop] right. LONDON, November 7. (Received November 8, at 12,30 p.m.) At tho Bradford market the demand for spot lots of all grades exceeds the supply. 'There is little interest in future deliveries. CHICAGO WHEAT QUOTATIONS. NEW YORK, November 7. (Received November 8, at 12.30 p.m.) Chicago wheat; December, 1261 cents per bushel; March, 1291; May, 132 f. P, AND D. DEFERRED STOCK. LONDON, November 7. (Received November 8, at 12.30 p.m.) R. and O. Deferred Sloe!: is quoted at £261. I’RJCE OF GOLD. LONDON, November 7. (Received November 8, at 12.30 p.m.) Fine gold is quoted at £1 4s Hid per ounce. LONDON MEAT MARKET. LONDON, November 7. (Received November 8, at 1-10 p.m.) AVheat cargoes arc firmer, owing to week-end American advices. Sellers are asking an advance of 3d to Gtl, but buyers are not responsive. Parcels are firm. Liverpool futures: December, 10s 2-;)d; March, 10s 3]d; May, 10s 2)d. —A. and N.Z. and ‘Sun’ Cable. NEW ZEALAND AND AUSTRALIAN LAND COMPANY. HEAVY LOSS FOR YEAR. LONDON, November 7, (Received November 8, at 12.40 p.m.) Tho New Zealand and Australian Land Company’s loss for the year was £57,203. From the contingency fund £146,000 was transferred, and £9,430 was carried forward. ' GRAIN AND PRODUCE. Donald Reid and Co., Ltd., report: Oats.—There is little to report in this market. Farmers have still a few on hand, but merchants aro not operating to any extent, prices required in most cases being much too high for shipping purposes- A grade Cartons are worth 2s Bd, B grade 2s Gel (sacks extra, on truck, country' stations). AVheat.—The bulk of this cereal lias all bccu marketed. Millers have ample stocks, and fowl feed is worth to Gs Gd (sacks extra, ex truck, Dunedin). Chaff.—An absence of consignments has made the market a good deal keener. The local demand, however, is never large, and a few trucks generally fill all requirements. Any trucks of prime quality 'coming forward meet with ready sale at values up to £5 5s per tun (sacks extra, ex truck, Dunedin). Medium jm! inferior aro rarely inquired for. Potatoes.—Good sound, freshly-picked lines aro in keen demand, and values are increasing every day. The new potatoes arc later than usual, and tin’s is probably' tho cause of increased values. Good tables are probably worth £5 5s per ton (on trucks, sacks in), SYDNEY AVOOL SALES. Pres* Association—By ToDgraph—Copyright 1 SYDNEY, November 7. At the wool sales there was keen general competition for all descriptions, prices remaining unchanged. Good and average descriptions, though irregular, showed a hardening tendency in sonic cases. Comebacks and cross-breds were in keen request, and realised prices from par to 5 pur emit. up. Greasy merino floeco sold to 313 d, equalling tho season’s record, SALES ON ’CHANGE: THIS DAY. Christchurch.—Commercial Bank of Australia 295, pref. £7 Is; Union Bank of Australia (fractions), Ss; New Zealand Refrigerating (cont.), 8s; New Zealand Government 4J per cent. luccribed (1938), £96 7s Gd. AA’ellington.—-Sales: 5J per cent. Inscribed Stock (1927-41), £9B 15s; 5£ per cent. Bonds (1936), £lOl ss; Union Bank of Australia (fractions), 8s Gd, 8s 9d. AA’tellington,—Union Bank of Australia (rights), 52s 6d; same (fractions). 9s. Reported; per cent. Inscribed Stock (19.38), £96 ss, £96 7s 6d. Auckland. —Union Bank - (fractions). 8s; Commercial Bank. 295; National Bank of Australia, £8 14s 6d; Sanford’s (pref.), 20s sd; AVaihi, 21s Gd; AVilson’s Cement, 36s Gd. Reported: Occidental-Una (paid), l.s lOd, Is Del.