COMMERCIAL

Nelson Evening Mail, Volume LVI, 14 August 1924, Page 7

COMMERCIAL

DECLINE IN STERLING

(Bj Electric Telegraph.-—Copyright.) (Australian and N.Z. Cable Association.)

NEW- YORK,- Aug. 12

Liquidation on the London market, where tbo holder of sterling is realising the profit afforded by the recent rise, caused sterling to reach 453|, representing an overnight decline, of three cents. Continental exchange remained stationary. Observers anticipate a renewed advance in sterling as soon as the temporary liquidation is completed.

WELLINGTON MARKETS

WELLINGTON, August 13

. The Wellington Fruit/brokers, comprising tlio firms United Fruitgrowers Ltd., Laery and Co. Ltd., G. Thomas .and Co. Ltd., Thompson Bros. Ltd., Townsend and Paul and A. G. Wallace and Co., report as follows Supplies of both .dessert and cooking. Varieties of apples have been heavier during the week. Places generally are easier. Most lines of pears are reaching us iix over-ripe condition. The following prices are obtaining Apples, Delicious, fancy 10s to 11s; Stunners 8s to 9s; Jonathans 7s to 8s; London Pippin 6s to 7s; Dougherty’s, Ilaw’kes Bay, 8s 6d to 9s "6d; Nqlson 7s to 8s; Washingtons 7s 6d to 8s 6d; Munro’s 6s 6d to 7s 6d; Epp’s 5s to 6s bushel. Pears, W. Coles and Nelis, firm 8s to 9s; over-ripe practically unsaleable ; P. Barry 7s to 9s; AJiears 7s to 7s 6d bushel.

Eggs Is 8d; porkers 7}d; poormiin’s oranges 7s 6d ; lemons 12s to 14s; kumoras 8s to 9s banana case; marrows 7 S to 8s; pumpkins 8s to 9s; new potatoes 6d lb; green peas ss; cabbage 125,t0 14s ; cauliflowers 18s to 20s ; carrots 4s to 5s ; parsnips, without tops, 10s to 11s; lettuce Gs to 8s; walnuts 9d lb.