COMMERCIAL.

Otago Daily Times, Issue 19333, 20 November 1924, Page 6

COMMERCIAL.

BUTTER AND CHEESE. (Per United Press Association.) WELLINGTON, November 19. Advice has been received by the Dairy Division that in Australia there were graded during October 265,079 boxes of buttefc, 6975 crates of cheese, and that shipments from Australia to the United Kingdom daring October were 249,331 boxes of butter and 402 G crates of cheese. The divsion is in receipt of advice from the Argentine Dairy Association stating that the Qptober shipments totalled 1700 tons of butler, 114 tons of cheese, and 1350 tons of casein. Duo to the absence of rain, tho output shows a reduction compared with the corresponding period of last year .. , SYDNEY WOOL SALES. Press Association—By Telegraph—Copyright. SYDNEY, November 18. The fourth series of wool sales wps concluded to-day. All tho best features of the previous day’s sales were strongly reproduced, and the improved level of values was well maintained. The demand was keen throughout. Greasy merino sold up to 42d. PRICE OF BUTTER REDUCED IN SYDNEY. \ Press Association—By Telegraph—Copyright. SYDNEY, November 19. (Received Nov. 19, at 10.15 p.m.) The wholesale price of butter will be reduced to 144 s 8d per owt. to-morrow. THE MONEY MARET. Press Association—By Telegraph—Copyright. LONDON, November 18. (Received Nov. 19, at 9.5 p.m.) Fine gold is quoted at £4 10s an oz. The following are the latest quotations for banking shares;—Bank of Australasia, .£ls 10a; Bank of New South' Wales, £4O; Bank of New Zealand (ord.), G2s 9d; Now Zealand Loan and Mercantile debentures. £76.