COMMERCIAL.

New Zealand Herald, Volume LIV, Issue 16538, 14 May 1917, Page 3

COMMERCIAL.

NEW ZEALAND WOOL, SALE iON STRICT CONDITIONS. Australian and N.Z. Cable Association (Received 815 p.m.) LONDON. May 12. The Army Council lias instructed the London Wool Brokers' Committee to sell by auction about 18,000 bales of New Zealand wool on May 24 at fixed price;, in lots not exceeding 10 bales. The wool may be sold only to Government contractors or Sheir licensed brokers. LONDON MARKETS. Australian and X.Z. Cable Association • (Received 7.15 p.m.) LONDON, May 11. Prices for rabbits are unchanged. The hemp market is firm. A distant shipment of New Zealand, high point fair, is ' o.uoted at £83 10s. Current quotations for rubber are as fol--1 low: Para. :Js Old; plantation and smoked. 3l Old. South Sea copra is quoted nominally a' £44 Lis. Prices for wheat arc unchanged. The flour market is firm, and very little is 1 offering. .' iimall supply of New Zealand Gartnn oais is quoted nominally at GTs to 6S? The market for beans is quiet. There is a firm demand for i>ea« Small supplies of New Zealand maples are meeting a good demand at Has to HO. i CHICAGO WHEAT MARKET ' Australian and N.Z. Cable Association. • (Received 7.15 p.m.) NEW YORK. May 11. Quotations for wheat in Chicago are ilav ' options. 13s 6id to 13s 2'd. Ji.lv fi|/t;nr.«. ' 10s 8d to 10s 3Jd. ; LONDON STOCK EXCHANGE. ! Australian and N.Z. Cable Association. (Received 7.15 p.m.) LONDON. May 11. Quotations: Union Steam, buyers I 3«. sellers 15s.