COMMERCIAL.

Timaru Herald, Volume CVIII, Issue 1682, 2 June 1919, Page 7

COMMERCIAL.

DOMINIONS SinPPING. By Electric Telegraph—Copyright. Australian., and N.Z. Cable Assn. LONDON, May 19. Arrivals.—At London, Malta., from Wellington via Australia; at Avonmonth. Argyllshire; at San Francisco, War Music. Departures—For Wellington Opawrt, R.uahine and Otira* for Port Chalmers, Maunganui; for Dunedin, Waiwera; for Napier, Kir.g Cyrus. LONDON, May 30. ' At the wool sales there was a good attendance and keen competition. Super merinos and fine crossbreds made recent rates; scoured locks and pieces were irregular.

NEW ENGINEERING SYNDICATE.

The Werry engine syndicate, -with a capital of £IO,OOO, lias agreed to form, a company witli a minimum capital of £300,000. The syndicate is arranging to construct big steampsliip engines, also express locomotive aeroplane, motor car,_ marine motor, and motor cycle engines.

LONDON WOOL SALES.

At the wool sales super-merinos and fine crossbreds were exceedingly firm. Carbonising wools -\Vere irregularAt the Bradford market there is a strong inquiry for merino and finer crossbreds at fullest rates. Others are unchanged.

A revised estimate of the position of Australian wool shows: Available. 1000 bales; estimated shipments 225,000 bales monthly, April to September, leaving 917.848 bales of Australian for shipment on 30th September.

ZINC MANUFACTURE

An association of Belgian t-peltev manufacturers has been formed at Liege, comprising seven large companies. with a producing capacity of nearly 320,000 tons of spelter. Other zinc producing companies are expected to join shortly;

• The at Tattersall's on Saturday comprised 23 horses, mostly young draughts of good qua City, fruit in. most) ca'es vendors had their reserves too high a few being passed in at the following prices:—£2B 10s, £29, £3O, £3l and £32. Tito following sales were made: —Young draughts £2O, £24 10s, £26 to £2B. 8 find 9-year olds £l4, £l6 10s £l7. £l7 10s; ased draughts, £5. £B. £10: harness horses. £6 10s, £lO, £l3 to £ls. Harness and sundries sold well.