Commercial.

Thames Star, Volume LXVI, Issue 19603, 8 January 1936, Page 4

Commercial.

WELLINGTON WOOL SALE.' THROUGH IN SIX HOURS. A further report says there was a fully representative bench of buyers at this week’s Wellington wool sale. Bradford took a much more prominent part in the sale, while German buyers assisted in giving a stimulus to the markets. Some large orders were filled for Japan and the Continent, and buying was also done for Canada, the United States and Australia. New Zealand mills were also operating on suitable lines. Bidding all through the sale was very keen and at times strenuous, and the sale was put through in a little over six hours. Passings were very few. Actually 27,766 bales were sold at auction and the passings numbered 2333 bales, or slightly under 8 per cent, of the total offering. LONDON MARKETS. HEMP QUOTATIONS FIRM. The Department of Agriculturo has received the following cablegram, dated January 4, from the High Commissioner for New Zealand, London: — Tallow. —Spot market quiet during the holidays; prices unchanged except beef, sweet and/or mixed, 32/to 36/-. Hemp.—Manila: Market firmer on improved demand in the Philippine, American, Japanese buying. I< grade for January-March shipment sold at £23/10/-. Sisal: Market quiet but steady. January-March and February-April shipments value £2B/10/-. New Zealand: No change to report.