COMMERCIAL.

Otago Daily Times, Issue 19203, 20 June 1924, Page 4

COMMERCIAL.

THE WOOL MARKET. Mr J. Harrison Jones has just received the following cablegram from Messrs James Morrison and Co. (Ltd.): In regard to the wool market, it ia most difficult to foretell the future in consequence of the conditions in Germany. An ticipate crossbreds will be slightly lower and merinos unchanged. If quantity available goes into consumption expect September mav be stronger, but if heavy withdrawals in July quantities September will be very largo preventing a rise. LONDON TALLOW MARKET. Messrs Dalgety and Co. (Ltd.) report hav ing received the following cablegram from their head office, dated London, June 18: At the tallow sales 1220 casks were offerer and 306 sold. Prices were barely maintained We quote; Fine mutton, 44s 6d; mixed, goo:’ colour, 30s; inferior, 37s 6d. «, OTAGO MUTUAL STARR-BOWKETT SOCIETY. A meeting of the Otago Mutual StarrBowkett Society was held in the seoretarA office last evening to dispose of £SOO in •he No. 2 group by way of sale. The chairman of directors (Mr J. H. Wilkinson) preside and a large number of members were presenThe sale loan realised £36 per £IOO aft’ keen bidding. AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright SYDNEY, June 19. (Received June 19, at 10.30 p.m.) , Oats: Tasmanian Algerian, 4s to 4s 4d; white, -la 9d to ss. Maize: Yellow, 4s Id; white, 3s lid. Potatoes 1 ; Tasmanian, £9; Victorian, £5 10 s to £6 10s. Onions; Victorian, £l2 to £l4. ADELAIDE, June 19. Oats; Algerian food, 3s. —A. and N.Z. Cable. LONDON WHEAT MARKET. Press Association —By Telegram—Copvngh LONDON, June 18. (Received June 19, at 9.25 p.m.) Wheat cargoes are very fmm iu sympathy with American advices. In parcels there is fair business at an advance of 6d to Is. Parcels from Victoria, ex the Borda, realised 4Ss 9d, and 2500 tons (delivery early in August) 48s Gd. Parcels wens sold at Liverpool, ex the Cambridge, at 48a lOJcl to 495; ex the Persic, at 48s 9d; and Australian (August delivery), at 48s 6d.— Al and N.Z. Cable. - LONDON TALLOW SALES. Press Association—By Telegraph—Copyright LONDON, Juno 18. (Received June 19, at 9.49 p.m.) At the tallow sales 4219 casks were offered. There was a poor demand, only 309 being sold. Prices were unchanged."—Reuter.