COMMERCIAL

Evening Star, Issue 20022, 13 November 1928, Page 13

COMMERCIAL

SYDNEY WOOL SALES. Press Association—By Telegraph—Copyright. SYDNEY November 12. The wool sales were resumed. AH sections of tho trade competed strongly notably' Franco, Germany, Russia, and Japan. The market was very firm, but unchanged, although finer descriptions of merino showed a, hardening tendency. Greasy merino sold to 28Jcl; equalling the highest price this season. Tho total number of bales sold was 12.811. BUTTER AND CHEESE. A. S. Paterson and Co., Ltd., have received the following cable from London, dated 1 9tb inst:—Butter: Market steady, _ better enquiry, especially for Australian. _ Prices hardening tendency. Danish, 1965; New Zealand, 1725, J.7Bs; Australian, 1665, 170 s; unMil ted, 178 s, 182 s; Siberian, 160 s. Cheese: Quiet, more demand for Canadian, 110 s; New Zealand, quiet, 107 s white; 101 s. 105 s, coloured. GRAIN AND PRODUCE. Messrs Donald Reid and Co., Ltd., report as under;— Oats,—There is no business passing in this market. All tho A grade oats are in cither merchants’ or millers’ band*, and lack of consumption is responsible for the absence of inquiry for under grades. Nominal values to-day are; A grade, 3s -Id; i» grade, 2s lOd; best undcr-grade, 2s Ud (sacks extra), on truck, country stations. No samples arc offering, hoAvevcr, so it can bo presumed that fanners have cleaned out their stocks. Wheat.—Apart from a I'gav lines that arc being disposed of ex store no business of note is passing. There is still a fair quantity held in Canterbury, and a proportion of this has been offered and sold on this market. Alilltrs, however, are not inquiring, and any lines offered to them are not keenly sought after. AVe quote: Tuscan to 5s lOd; Hunters to 6s 2d (sacks extra), on truck, country stations. Chaff.—Canterbury growers continue to supply the local demand. Alercbants have got used to buying from that quarter, and very little inquiry is received for local consignments. As green feed is now in abundance, the demand from feeders is gradually getting less, and there are ample stocks lor all inquiries. The market, if anything, is Aveaker, but values remain as last Aveck—viz., £5 15s for best oaten sheaf, ex truck, or £6 ox store (sacks extra). Potatoes. —The season for old _ potatoes is about finished. Supplies of good tables are uoav about exhausted, and values remain high for anything of good quality that is offering. Merchants, however, Avill only buy ip small lots. Second grade is selling at prices considerably lower than the best tables. A good deal of these remains to be disposed of yet. We quote: Best tables from £lO to £l2; second grade, £4 to £5, ex store (sacks in), in each (use.