COMMERCIAL.

Otago Daily Times, Issue 19884, 2 September 1926, Page 8

COMMERCIAL.

DAIRY PRODUCE. Messrs Dalgety and Co. have received the following cablegram from their head office, dated August 31: Butter Ib 4a per cwt lower. The market keepe weak. EXPORT OF EGGS. LONDON MARKET WEAK. (Fbom Otjb Own Cobeespondent.) AUCKLAND, September 1. It has been freely reported during *:he paet few weeks that there U a very good market for eggs In London, and that large quantities could be exported from this centre at very profitable prices to the producer. From Is 6d per dozen upwards was spoken of frequently. It now transpires that some cable information from London was misinterpreted, and what was thought to he a firm offer was really no offer at all. The present position is that the market in London for eggs is weak, and the best offers at present available leave the Auckland producer Is 3d per dozen. On this basis only 309 crates—each containing 30 dozen eggs—have been secured for the Connthic, which loads at this port on September 19, against 1000 which had at one time been expected. PRICE’OF FINE GOLD. (Press Association —By Telegraph—Copyright.) LONDON, August 31. (Received September 1, at 10 p.m.) Fine gold is quoted at X'l 4s 10Jd an oz.— A. and N.Z. Cable. BRITISH HOP CROP. ■ DECREASED YIELD EXPECTED. (Press Association—By Telegraph—Copyright.) LONDON, August 31 (Received September 1, at 10 p.m.) It is expected that the British hop crop will he about 275,000 cwt, which is 80,000 cwt below the 1925 crop. The decrease w duo to the smaller acreage and the worst attack of mould reported for many years.

SYDNEY WOOL SALES. (Press Association—By Telegraph—Copyright.) SYDNEY, September 1. (Received September 1, at 11.55 p.m.) At the wool sales the market was firm at late rates. Satisfactory clearances were made, the only lines that were difficult to sell being wools of doubtful yield. Greasy merino sold to 251.