COMMERCIAL NEWS.

Waikato Times, Volume 113, Issue 18950, 20 May 1933, Page 8

COMMERCIAL NEWS.

BRADFORD TOPS. RATHER MORE BUSINESS. United Press Assn.—Elec. Tel. Copyright. LONDON, May 18. The Bradford tops market is very firm, with rather more business in yarns. Quotations: Seventies, 26d; sixtyfours, 24Jd; sixties, 23Jd; fifty-sixes, 19d; fifties, 12Jd, forty-sixes, 9id; forties, 9d. SALE OF SHEEPSKINS. STRONG DEMANQ. PRICES MOVE UPWARD. United Press Assn.—Elec. Tel. Copyright. LONDON, May 18. At the sheepskin sales 8905 hales were offered. There was strong general competition, Including American, and all the offering was sold. Australian merinos and crossbreds were 10, to 15 per cent above March sales. All qualities of New Zealand were from 15 to 20 per cent up. ARGENTINE WHEAT. PRESSURE -EXHAUSTED. United Press Assn. —Eiec. Tel. Copyright, OTTAWA, May 18. Barring the development of abnormal conditions the pressure of Argentine wheat on the world markets may be regarded as over for this season, according to the Buenos Aires correspondent of the Dominion Bureau of Statistics. It Is stated that China has purchased considerable of Argentine wheat. WHEAT QUOTATIONS. LONDON, May 18. Wheat cargoes maintained a steady tone, but quotations were unohanged. Parcels are In quiet demand, but unchanged. Futures: London, June delivery, 22s 6Jd per quarter; September, 22s 10Jd; December, 23s 6id; Liverpool, May delivery, 5s lid per cental, July 5s 2Jd, October 5s 4 5-Sd, December 5s 6 l-Bd. Spot trade is quiet. Australian ex-ship 2Gs 9d to 27s 6d. AUSTRALIAN PRODUCE. SYDNEY, sTay 19. Quotations on the Sydney produce market are Wheat, country rates, 2s 6d for bagged and 2s sid for bulk on sidings, equal to about 3s Id and 3s ltd respectively ex trucks, Sydney. Flour, £lO ss; bran and pollard, £5; potatoes, Tasmanian, to £7 10s; Victorian, £6; onions, Victorian Brown Spanish, £6; Globes, £5 10s; maize, _ yellow and white, 4s 3d.

ADELAIDE, May 19. Wheat, growers’ lots, 2s iOJd; flour, bakers’ lots, £8 12s 6d; bran and pollard, £5 2s 6d; oats, Is 9d. MELBOURNE, May 19. Wheat, 3s 24d; flour, £8 12s 6d; bran and pollard, £'4 15s; oats, 2s 3d; barley, English, 2s 4d to £2 6d; maize, 4s lid; onions are quiet at £3 15s, occasionally £4, Globes dull at -£3 to £3 2s 6d. AUCKLAND PRODUCE. Wheat.—The market for fowl wheat is distinctly 'firmer and values are at 4s 8d to 4s 9d a bushel. Maize. —The market Is fairly quiet. Current rates are around 4s lOd a bushel through store. Barley.—The sale of clipped Is slow, and the value Is around 4s a bushel through store. Oats and Chaff.—There has been an appreciable advance in oats to 2s lOd a bushel for feed oats and to 8s 8d for A Gartons. Chaff also Is firmer and Is worth around £6 15s a ton through store. Potatoes. —The market Is well supplied with South Island and Rangltlkel varieties and the general tone of the market Is weak. Values are around £6 10s a ton, through store. Onions. —Growers are showing a tendenoy to hold hack supplies. Current values are Ground 26 10s a ton through store. Poultry.—Cockerels, heavy breeds, prime, 2s 6d to 4s; not prime, Is 6d up; light breeds, prime, Is 9d to 2s 6d; not prime, Is up; fat roosters, heavy breeds, prime, is 6d to 2s; light breeds. Is to Is Gd; fat liens, heavy breeds, Is 3d to is fid; light breeds, fid to Is 6d; laying hens, heavy breeds, is 6d to 2s; light breeds, is 3d to is 9d; pullets, heavy breeds, best, 2s 3d to- 3s 6d; smaller, is Cel up; light breeds, best, 2s 6d to 3s 6d; smaller, Is 6d up; drakes, young, prime, is 9d to 2s 6d; old, is 6d to 2s; ducks, young, prime, is 9d to 2s 6d; old, Is 6d to 2s. Dairy Produce. —Hen eggs, first quality, 2s 4Ad a dozen; B grade, 2s iid; C grade, is iOid; duck eggs, first grade, 2s 2sd; B grade, 2s OJd; C grade, is iOld. BUTTER AND CHEESE. Merchants have been advised as follows: — Dalgety and Company, Limited, from Samuel Page and Son: —Butter: New Zealand, finest salted, 79s to 80s; Danish, 94s to 965; Australian, finest unsalted, 77s to 80s; sailed, 77s to 795; general average quality, 73s to 765. Cheese: New Zealand, white, 48s; coloured, 53s to 545; Canadian, white, 6is to 70s; coloured, 64s to 725. Both markets are quiet. A. 9. Paterson and Company, Limited, from J. and J. Lonsdale, Limited.- —Butter: Danish, easier, 71s f.o.b. (92s landed) ; New Zealand, 80s to 81s; Australian, 79s to 80s. The market is quiet but firm. Cheese: White, 48s to 48s Gd; coloured, 54s lo 555. 'File market is steady. Mr NT. O. Stewart, from It. and W. Davidson, Limiled, at Glasgow:— Butter: New Zealand, salted, 78s to 80s; unsalted, 80s to 82s, equivalent lo 9.0 id ami 9.31 d per lb f.o.b. Auck- . land respectively.