COMMERCIAL INTELLIGENCE.

New Zealand Journal of Agriculture, Volume XIII, Issue 2, 21 August 1916, Page 169

COMMERCIAL INTELLIGENCE.

LONDON WOOL-SALES.

Following is the High Commissioner’s cabled report, dated 28th July, 1910, regarding the closing of the fifth series of London wool-sales : The wool-sales, closed with a firm market for superior wools, but irregular for other qualities. Home buyers are cautious on account of the British Government’s purchase of the Home clip, and owing to the great uncertainty regarding future action. Estimated closing values are: Fine crossbreds, is. Bd. to is. lojd.; medium crossbreds, is. qd. to is. yd.; coarse crossbreds, is. 2d. to. is. sd. ; superior merino, is. gd. to 25.; medium merino, is. sd. to is. B|d. ; inferior merino, is. 2d. to is. qjd. 94,000 bales were held over.

IMPORTATION OF HOPS TO UNITED KINGDOM.

It is notified that although the recent prohibition (as a war exigency) of the importation of hops to the United Kingdom applies to all hops, special licenses will be issued by the Board of Trade, London, for the importation of specific •quantities, as occasion requires, of hops which are the produce of the British Dominions. In the case of New Zealand, on issue of a license the exporter should forward to the consignee an invoice for such hops bearing a certificate in the following form: — This is to certify that the hops specified in this invoice are the produce of New Zealand. • . ' Date .... . (Official stamp.) Collector of Customs, Port of

TRADE INQUIRIES.

Canned Goods. — Messrs. Mann and Cook, of 27 St. Mary Axe, London E.C., desire to get into touch with packers or canners in New Zealand who would be prepared to export canned goods to Europe, and who are not already represented in London. They refer particularly to the Italian market, where- they have their own office and where their Italian manager informs them there is a good field for development.

Produce Agency.— Messrs. E. E. Smith and Co. (Limited), general produce merchants, brokers, and commission agents, of 28 Martin's Lane, Cannon Street, London E.C., advise that they are open to act as agents for the sale of New Zealand produce.

DAIRY ’COMPANIES AND RELATED MANUFACTURES.

Following is the text of section 19 of the War Legislation Amendment Act, entitled “Companies Amendment,” passed during the recent session of Parliament, with special reference to the rennet position : ■

“ Notwithstanding anything in the Companies Act, 1906, or m me memorandum or articles of association of any company having for its object or for one of its objects the manufacture of butter or of cheese, it shall be lawful for such company, without complying with the provisions of the Companies Act, 1908, relating to the alteration of the memorandum or articles of association of companies—(a) To carry on the business of the manufacture of rennet, casein, sugar of milk, or butterboxes, or the manufacture of any' other article or product connected with or required for the dairy industry ; or (6) to purchase shares in, or to otherwise, assist, any other company lawfully engaged in the business of the manufacture of any such article or product as aforesaid.’'