COMMERCIAL

Evening Star, Issue 19774, 26 January 1928, Page 5

COMMERCIAL

BUTTER AND CHEESE SHIPMENTS. (Teh United Press Association.] WELLINGTON, January 25. The arrivals of butter shipments in Great Britain to the end of this month will total 1.151,203 boxes as against 933,145 for the same period last season; and, to the end of March, 1,798,659 boxes against 1,480,619 boxes last season. Arrivals of cheese shipments in Great. Britain to the end of January this season will be 384,228 crates, compared with 359,041 crates last season; and, to the end of March, the total arrivals will be 691,065 as against 694,883 crates last season. NEGOTIATING A LOAN. Press Association —By Telegraph—Copyright. NEW YORK, January 24. The financial editor of the New York ‘ Times ’ says that a new loan of from 40,000,000 to 50,000,000 dollars is reported to-day to be tinder negotiation in Wall street. The money is desired chiefly for refunding purposes. SYDNEY WOOL SALES. SYDNEY, January 25. (.Received January 26, at 1.30 a.m.) At the wool sales the market closed firm at the best rates of the week, with keen general competition. A feature was the continuance of the strong demand of come-backs and cross-brfeds. Greasy merino sold to 31|cl. DUNEDIN STARR-BOWKETT. Appropriations totalling £2,000, or £SOU in each of the four current groups, were disposed of at a meeting of shareholders in the Dunedin StarrBowkett Building Society held last night. Mr T. J. Walker, chairman, said that tl 10 _ revenues of the society were coming in freely, thanks to the promptnes of the shareholders in paying their subscriptions, thus enabling the directors to put out appropriations regularly. Ho also mentioned a case showing the volume of business that in the No. 3. group alone £96,000 had been advanced. The 193rd appropriation of £SOO was offered by sale. There being no buyers, the amount was balloted for, and cluster No. 328 was drawn, held by one shareholder. The eighty-ninth appropriation of £SOO was offered by sale, and realised a premium of £lB per cent. The fifty-first appropriation of £SOO in the No. 5 group was disposed of by ballot, cluster No. 100 being drawn, held by a country shareholder. The twentieth appropriation of £SOO in the No. 6 group, offered for sale, realised £46 per cent.