COMMERCIAL

Hawera Star, Volume LI, 27 May 1932, Page 5

COMMERCIAL

LONDON WOOL SALES. (Untied Press Association —By Electric Telegraph i vpyrigtit.) LONDON, May 25. At the wool sales 9297 bales were offered, including 4067 from New Zealand. Approximately 4674 were soul. The opening rates were maintained, and there was more general demand, but some withdrawals owing to lngh limit®. New Zealand greasy crossbred: Kawa, top 7sd, average s|d.

COMMONWEALTH BANK

NOTE ISSUE REDUCED.

SYDNEY, May 26

The Commonwealth Bank return shows a reduction of £500,000 m the note issue to £51,803,000, debentures and other securities are less by £4Jo,000 at £41,248,000, and deposits declined £365,000 to £63,763,000 Ihe ratio of cash to deposit®, is 11.84 per cent. AUSTRALIAN PRODUCE. ONIONS AT £l9 A TON. SYDNEY, May 26. To-day’s produce market quotations, with those for last Thursday in parentheses are; Wheat, ex trucks at Sydney 3s 3d a bushel (3s 2£d), at country stations 2s 8d (2s 7 -*d); flour £lO a ton (£10); bran, £4 10s a ton (£4 os); pollard, £5 5s a ton (£5 ss) • -potatoes, Tasmanian to £7 a ton (£6 10s), \ ictorian £5 10s (£5 10s);.onions Victorian Brown Spanish (£l9 (£l9), The New Zealand ishipment due about Monday expected to meet good market; oats, 2s 9d a bushel (2s 6d), maize 4s 6d a bushel (4s> 6d). Adelaide reports the following Quotations;, Wheat 3s Id a bushel, flom £7 10s a ton, pollard £5 10s, bran £o ss, oats to Is 9d a bushel.