COMMERCIAL.

Press, Volume LVII, Issue 17106, 30 March 1921, Page 7

COMMERCIAL.

. ■- * AMERICA^TARIFF. BEOIPROCITY HROPOSALS. (By Cab'e—Press A«oci«t'on—CopytfgK) (Australian and N.Z. Cable Association.) NEW YORK, March 28. The Washington correspondent of tho "Now York Times" states that the Ways and Means Committee of tho House of Representatives appears likely 'to' include provision for reciprocity in , the tariff, measures which will be submitted to the special session of Congress. It is felt that the need for reciprocity is dictated By Jfhe fact that the United States is, a creditor ration, and discrimination favouring debtor nations must be slhown in order to continue foreign trade. In the House of Representatives, Mr Longworth, a member of the Committee, said this oould be effectively accomplished only through separate reciprocal trade agreements. He added, however, that the United States must maintain its home markets, at the same time continuing a commanding position in the world's markets. METALS. (By Cable—Press Association—Uopyriehi.) (Australian and • N.Z. Cabu> Association.) v>.eceived March 23th, 11.25 p.m.) LONDON, March. 28. Copper—Spot £6B 7b 6d; electrolytio, spot £7O 10s. forward £73. .; Lead'—Spot £2O sa, forward £2O lfie. Spelter—Spot £25 10s, forward £26 12s 6d. Tin—Spot £165 12s 6d, forward £l6B sb. Silver—3BJd par ounce. EGG- AUCTION.' Messrs Harris Bros, report that the usual weekly auction sale of Feather Brand guaranteed fresh eggs,'on behalf of the Canterbury Egg Farmers' Co-operative Association, waa held in their rooms, 168 Hereford street, yesterday afternoon. All lots were sold at the following nrioes:— Hen eggs, first grade* 2a 6d'to 2s lay second grade, 2s 5Jd to 2s. 6d, duck eggs 2s 6d. 6