COMMERCIAL.

Otago Daily Times, Issue 19197, 13 June 1924, Page 6

COMMERCIAL.

LONDON WHEAT MARKET. Press Association—By Telegraph—Copyright. LONDON, June XI. Wheat cargoes are firm at 3d to 6d higher as the result of stronger American and Argentine advices, but the demand is disappointing owing to tho large shipments. Parcels are in good request 'at a similar advance. Quotations: Ex Largs Bay, 47s 9c); June delivery, 47s 9d; a bulk parcel at Liverpool, 47s 6d; May delivery, 17s 3d.—A. and N.Z. Cable.

CALCUTTA TEA SALES. Press Association—By Telegraph—Copyright. CALCUTTA, June 11, At the tea sales there was a strong demand for all good liquoring qualities. Values were firm and dearer. P.oorer qualities are easier. The prices ranged from 11 annas 6 pic© to 14 annas. —Router. AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright. SYDNEY, June 12. (Received June 12, at H p.m.) Oats.—Tasmanian Algerians, 4s to 4s 4d; white, 4s 9d to ss. Maize —Yellow, 4s; whit©, 3s lid. Potatoes.—Tasmanian. IS 10s; Victorian, £5 10a to ,£6 ICe. Onions.—Victorian, £l2 10s to £l4. ADELAIDE, June 12. (Received June 12, at 11 p.m.) Oats.—Algerian feed, 3s sd. MELBOURNE, June 12. (Received June 12, at 31 p.m.) Hides were irregular and competition was not animated. Values declined Jd all round.

PROPERTY SALE. Park, Reynolds (Limited) report having sold at auction yesterday, on behalf of Mr Charles Stewart, section 4, bldck 43, St, Kilda, area 14.6 poles, with a three-roomed wooden cottage, stable, and cartshed, for the sum of £430, to Mrs Sarah Henderson. UNITED STARR-BOWKETT. A meeting of members of the United Starr-Bowkett Building Society was held in the office of J. W. Smeaton and Co. last evening to dispose of £SOO first ballot in No. 8 Group. Mr E. A. Rosevcar, chairman of directors, who presided, stated that it was his pleasure to announce that already over 1600 shares had been allotted in this group and as No. 8 Group only commenced operations in April it was very gratifying to all concerned. He stated that it was to the benefit of every member that each group should be a strong group, and the more groups there were the better for all members. He announce! that further appropriations in this group would follow almost immediately, and that as there were still a few shares loft there yet remained an opportunity for those wishing to join this group. A ballot was then held, which resulted as follows:—Cluster No. 16, being held by one shareholder resident in Milton.