Commercial.

Taranaki Daily News, Volume XLVII, Issue 787, 1 April 1905, Page 3

Commercial.

ENGLISH. MARKETS. (Keceived March 31, 10.38 p.m.) LONDON, March 31. Gold coin £37,728,000, reserve £30.213,000. Percentage of reserve to liabilities, 49.59 ; circulation, £27,990,000; public deposits, £lB,271,000; other seposits, £42j,559,000 ; Government securities, £15,489.000 ; other securities, £33,000,000. Three months bills', 2} per cent. Consols, 91 1-16. Westralian three per cents., 90. The English whoat market is quiet, with slight decline. Continentals arcVquiet and steady. Cargoes are neglected. Afloat 32s to 32s 9d offered according to position; for shipment 325. The American visible supply of wheat and flour is 47,534,000 bushels. Flour is dull, and weaker. Glasgow 25s Gd to 265. Copper.—Spot, £67 7s 6d ; throe months, £67 15s. Tin—Spot, £l3B 7s 6d ; thrw months, £135. Sugar. Quitt. First marks 16s 3d, German 14s 7d. The Bradford wool market is'quict. Common sixties 23 Jd, supers 24d, forty-sixes 14-fd, forties 13 , , d. Butter. —Rather weaker. Danish 110s, New Zealand 107s to IOSs, Australian 106s to 107s. Cheese.—Very firm. New Zealand 58s to 59s 1 . fc.YRGE SIIF.EP SALE. (Per Press Association.) IXVERCARGILL, March 31. Campbell and Sons' Burwood leases having expired and been relinquished, twenty-seven thousand sheep were sold yesterday iu the presence of three 'Hundred bujors, including a strong Canterbury contingent. Crossbred ewes brought 19s to 24s 6d, wotheis- 13s to 18s, cull lambs lis 7d, comebacks 13s to 18s 7d. The sale realised £30,000. Ten thousand sheep go to Canterbury. ~

ADDINGTON STOCK MARKET. CHBISTCIIURCH, Marxh 29. At Addinglton to-<lay there was a large attendance, farmers particularly being numerously represented. The entries comprised 538 cattle, 22,378 sHfecp, 809 pigs. Fat cattle.—The entry consisted of 181 head, mostly steers of fair <l. uality. The sale was the worst that has taken place at Aldington for many years. Good to prime beef sold at 18s to 20s, a lew head a t 21s, and inferior sometimes as low as 15s per 1001b. Per head, steers sold at £6 to £9 13s, heifers £5 to £7 2s 6d, cows £-1 15s to £7. Fat calves sold at 16s to 455. Store tjattlc.—The yarding was small, and'of very indifl'ei'eiit'Mualily and the demand was very poor, recent values not 'being maintained. Yearlings sold at 18s to 2bs, fifteen to eighteen months 35s to. 50s, two-year-okl heifers 55s to (i2s Od : a, pen of I'otir-yeur-old steers was passed at £O. fry cows sold at 30s to 70s. Dairy cows.—There was a fair demand for springers and flesh young milkers at £6 to £8 10s, but inferior and old stock were almost unsaleable, their prices ranging from £3 15s to £5. Fat sheep.—There was a good entry. The saile opened with a quiet tone, and before it had made much progress it became evident that a slump had arrived. Competition for wethers was extremely languid, and for ordinary ewes was non-existent, with the 'consequence that wethers were Is lower than at the previous sale, while ewes were 2s to 3s lower. A greater decline was marked towards the close of the sale, when it was difficult to get bids for ordinary grades of ewes, which were neglected alike by butchers and by exporters. The prices current were as follows :—Wethers, good to prima, 20s 9d to 25s 3d ; ewes, prime heavy, 20s to 23s (id, medium to good 16s Cd to 19s Gd, aged lis to l(3s; morino ewes, medium, lis Gd to 12s Id. Fat lambs.—About 3500 were penned, and the general quality was good. There was no change in values, hut unfinished lots were rather difficult to sell. Prices ranged from 19s- to 22s 8d for legs, 17s fid to 18s Gd for lanrt) weights, and 15s (id to lfis for small an:l unfinished descriptions. Store sheep and lambs.—The yards were again filled, the entries prolrab'iy totaling Hi.ooo. Farmers competed well for all descriplioms, but dealers gave little support to the sale. The demand for wethers was particularly keen;, and forward lines made Is over th,. previous week's values. For ewes and lambs-, previous rates were maintained. The sale altogether was highly satisfactory to vendors, an almosl complete clearance being effected. Wethers (fourtooth) made 21s to 22s Od, two and four-tooth It's Id, two-tooth 17s Cd to 18s sd, backward lots His to 17s; ewes, four-tooth 20s to 21s 9d, twotooth 18s 10(1 to 22s 9d, culls l(js lo 17s, six and eight-tooth :l()s to 20s 4d : sound mouth 18s -Id to 20s Bd, aged 30s (id to 17s Gd, culls 13s lid to 15s 6(1.

Pigs.—There was a large entry of al'l classes of pigs, but the sale was dull throughout, aad prices were weaker all round. Prime Ijaconcis sold at 40s to 48s, or 4Jd to 4Jd per lb ; heavy-weights, 50a to 51s, or 4d per lb ; porkers, 30s to 38s, or 5d per lb; stores, large iKler.to 265, medium 20s to 27a (id, small' 12s to