COMMERCIAL.

Star (Christchurch), Issue 16412, 28 April 1921, Page 8

COMMERCIAL.

GEAMAN ANILINE COMBINE. By Telegraph—Press Association—Copyrifftl Australian and N.Z. Cabla Association. (Received April 28, 9.40 a.m.) BERLIN, April 27. Seven chemical dye 9 and nitre comDanies, comprising the aniline combine, are increasing their capital to 1,915,000,000 marks. They are the largest of any German industrial concern. The sum of 1,000,000,000 marks has been already expended on tho combine's nitre works at Merseburg and Oppau. A further 1,000,000,000 marks is required. LONDON TALLOW AND WOOL SALES. By Telegraph—Press Association—Copyright. Australian and N.Z. Cable Association. (Received April 28, 9.15 a.m.) T . LONDON. Aoril 27. Inquiries for tallow are improving tnd m. 8 r T, ay , , re A umed next Wednesday. Ine Colonial Wool Merchants’ Association is strongly urging the directors of liawra that it ,» essential that the oflerinys of free wool in London shall be in a nroportion oi not. Jess than a bale for a bale of Bswra otherwise the interests of the Anstrolian shippers to London will be seriously preJUdiced. The realisation of present stalks and the future arrivals of free wool will be materia'iv retarded. H«aw arblitional C . lft Tf es r 7151 1 ? e . incurred and the difficulties oi tno nnancial position intensified.

LOKnOiC. QUOTATION" (Received Apr’l 2*. i lo -n.m.) rp »• _ LONDON, April 27. -taiisman, 6a. DISPOSAL OF AH'-'TfiAf.tAv WOOL. (Received April 28. 1.10 p.in.) T . . , . LOXDON, April 27. Interviewed bv the Australian Press Asvv Cll tT 10r i revar.iinir tile cabled report that ! Hu S he » intend* to legislate to either civo aura complete control of the disposal o? toe wool output or to restrict wool eapo-ts 3 ° /i ha t • !t w . ou!d be sold in Australia. one Oi the wool iniportors said that it was vitally important to Australia to erport its wool It snipments were restricted as sue. posted tne question arose as to how lona could Australia live on its own fat. To pi v '3 isawra tho disposal of the whole clip would be lata! to the prospects of wool Browmr in Australia. Bawra mishandled the v.-nole business as did the Government Department pre-riouslv, when there was & chance of selling at a considerably hieher fi-rure than was now obtainable. It was absolutely impossible to bolster up prices. If wooi was held up in consequence of an attempt to bolster up the position it would be infinitely worse in six months time than it was to-day. People who propose bolding it up appeared to forget that wool keot on growing STOCK EXCHANCES. LATEST QUOTATIONS.