FINANCE & COMMERCE.

Waimate Daily Advertiser, Volume XXIV, 6 April 1927, Page 3

FINANCE & COMMERCE.

WOOL SALES. (Pt» Press Associatiop— Copyright SYDNEY, April 5. At the wool sales, there is good competition in all top-making sorts at late rates, whilst better classes of staple were in good request, at prices 5 per cent, below the level of last series. Comebacks and crossbreds sold freely at from par to 5 per cent, above late rates. Greasy merino sold to 31i‘d. HOME MARKETS. LONDON, April 4. Rubber stocks are 62,634 centals. Herr Licht, in his Madgeburg circular estimates that five months’ beet sugar production at 3,868,858 tons, and the whole campaign at 6,898,000 tons. Cargoes are inactive and unchanged Parte s are quiet at late rates. Liverpool futures.—May 10s 3d, July 10s 2d, October 9s URL

GENERAL ITEMS. NEW YORK, April 4. Chicago Wheat. May, 134 cents; July 128$ cents; September, 127 cents. OTTAWA, April 4. Ths Canad-’an Commissioner, Mr D. H. Ross, of Melbourne, advised the Government that Scandhiav.ans are underselling Canadian newsprint. Despite the preference, Norway and Sweden recently quoted newsprint 10s per ton, duty paid at Australian ports, below Canadian or British.

WAIMATE AUCTION MART. The Waimate Auction Mart report holding their usual weekly sale on Saturday last of Pigs, Poultry, Furniture and -sundries. There was a medium yarding of 42 pigs, prin - cipally stores, which met with good demand. Good cows near piofit are enquired for, but poor sorts are unsaleable. There was a good en • quiry for all sorts. Supplies of tomatoes are easing off and prices are firmer. Peaches are* practically finished. Eggs remain firm at late rates. We sold:— Pigs—Best weaners 27/6, others 10/- to 21/6; stores realised from 41/- to 60/-. Cows—We sold one at £6 15s, one at £5, one at £3 7s. Poultry—Old hens 1/6 to 1/9 each