COMMERCIAL NEWS

West Coast Times, 20 June 1916, Page 3

COMMERCIAL NEWS

ARGENTINE WOOL CLIP. PURCHASED BY OWRMIANY. (By Telegraph.—Per Press Association) (Received at 0 p.m., Juno 19th.) BTKNOS AIKHS, June 19 The value of tho wool clip i s esv.mated at £9,000,000. It is believed that.it has been mainly bought by the German Government. PRICE OF SUGAR. FIXED FOB A YEAR, WELLINGTON, June 19. The Premier states that negotiaions were completed ou Saturday morning with toe Colonial Sugar Company. and that the price of sguar has been definitely fixed at £2l per ton, the same as at present, for the year ending June 30th, 1817. This price ha been arranged without any special conditions or concessions to the. Sugar Company. AiR.VHURiA PAT STOCK RALE, The usual fixture, at the above yards was held yesterday, when 100 head of cattle, 11 vealer s and LI 7 sheep were yarded. None of the lines altered called for special mention ana ■several pens were only stores. In consequence the sale, dragged and several lots were withdrawn, vendors and' buyers’ ideas of values being very dissimilar. Quality was in demand at late prices. Sheep sold well and a nice pen of two-tooth Romney breeding owes made 27s Id. Messrs G. W. Moss and Co. s o!d the following:—On account Mr. Jno. Adamson, 14 bullocks, from £lO j.m Gd to £l2 ss, one heifer at £lO ss; on account Mr Gumming 5 bullocks at £ll 2s Gd, 3 heifers at £8 10s, 3 heifers at £7 7s Gd; on account clients, 3 cows from £7 7s Gd to £9 7s vealers at £3 (Messrs Kprot, Jeffries and Coy. sold Sheep.—On account Mr Diodrioh, 41 lambs at 17s; on account, Mr J. T. Moharry, 30 wethers at 255, 1G wethers at 19s Gd; on account Mr Rnneke, n> wethers at 27s Id and 20 2-tooth ewes at 275. Cattle..—Ou account Mr. Johnston, 2 vealers at £3 12s, two at £2 10s; on account Mr W. H. Karnbaeh, 19 bullocks from £9 to £ll 2s Gd, 4 heifers from £6 15s to £9 15s; on aremmt Mr H. Diedrich, 16 bullocks from £8 10s to £l4 15s, 4 heifers from £7 15s to £8 15s. Several lines from A. AY. Meharry and H Johnston were passed.