COMMERCIAL.

Taranaki Daily News, 12 May 1917, Page 3

COMMERCIAL.

LONDON MARKETS. Australian-N.Z. Cable Association. London, May 9. Rabbit skins—3os bundles were offered and 683 sold. Prime were unwanted, but many of them were withdrawn. Other grades mostly advanced from 3d to 4d. Light stuif 'fld to Bd. Tallow—42li casks were offered and 110 sold. Mutton, fins 09/9, medium 595; beef, fine 60s 3d, medium 5Ss. London, May 10.

Wheat—The market is quiet and unchanged. The Minister of Munitions has had an order gazetted fixing tho maximum prices of seed oils and fats ex-ship, mill and warehouse. They include copra 46a, linseed oil, raw 58s, boiled 01s, refined 635, imported tallow CSs. Received May 11, 5.5 p.m. Loudon, May 10. Wheat—Unchanged; flour firm, but little offering. Oats—ln small supply. New Zealand Carton's quoted nominally at 67s to 68s. Bea;is —Quiet. Peas—Firm, but in small supplies. New Zealand maples in good demand at lias to 120s. Received May 11, 6 50 p.m. London, May 10. Wool.—Bradford report; that owing to the Government taking control there is no market, except for a few transactions. Butter.—The market is quiet but firm. Danish about 20Ss; Australian in small supply and unchanged, salted occasionally 1965; New Zealand choicest 206s to 208s. The last arrived Australian is being discharged at Southampton, from where it is being distributed to London and the provinces, but the delivery is somewhat slow. Sugar.—Unchanged. Copper.—Spot £l3O ss; three months, £129 15s; electrolytic £l4O. Tin—Spot £24o'7s 6d; three months £240 12s Gd,,the rise being due to the abnormal demand and shortage of Ma. layan supplies. , Lead.—Spot £3O 10s, tlirea months £29 10s. Spelter—Spot £54, three "months £SO. Silver.—Standard 3,7 7-8 d per oz.

PRICE OF COPRA. London, May 10. The Ministry of Munitions has fixed {he maximum price of copra at £4O per ton in the warehouse. AUSTRALIAN CEREAL MARKETS. Sydney, May 10. Oats—Algerian feeding 2s 5d to 2s 7d, milling 2s Sd to 2s 9d; Tasmanian 3s to 3s 2d. Maize—3s 2d to 3s 3d. Potatoes—Tasmanians £4 10s to '£C. Onions— £5 to £us 10s. Adelaide, May 10. Oats—2s Od to 2s lid: THE N.S.W. LOAN. t London, May 9. The New South Wales loan closes on the 14th. The prospectus emphasises that the stock debentures are domiciled in London and not subject to income tax or death duties in New South Wales. Subscriptions will be payable in instalments of five per cent, on application, thirteen per cent, on May 21, and thirty per cent on June 13, payment in full to be permitted on May 21 at a discount of five per cent. Several newspapers criticise the Treasury for allowing the issue instead of itself lending the money, thus avoiding the appearance of competition, but expect the loan will be readily subscribed. The Westminster Gazette states the terms are decidedly tempting. ADDINGTON.

Store sheep.—Two-footh owes to 21s 7d, 4 and 6-tooth ewe 3 27s 3d to Mt 3d, 0 and 8-tooth ewes 14s f)d to 27s !W, south-mouthed ewes l«s 3d to Ta 7.1, 2-tooth withers 20s to 33s 60., 4 and 0-tooth wethns 10s Sd to 325, fl swd 8-toot)i w;rli !:s to ?*«, sonnd-wnii.'hcd wethers to 245, ewe lambs to 13s Id, wether lambi lis. mixed sex lambs 13s 2d. Fat lambs.—Prime 23s to 33s fid, medium ?..u to 27s €d. lighter 18s 7.' to 24s 6d. Fat sheep—Extra prime wethers to 43s 2d, prime wethers 36? to 425, lighter vethera 27s to 355, merino wethers ""'s Id to 34s 6d, extra prime ewes to 425, prime ewes 34s 6d to 30s.vinedium ewes 29s to 345, lighter 22s 3d to 28s 6d. Fat cattle.—Extra prime steers to £2l, prime steers £l3 5s to £2O, ordinary steers '£ll to £l3, extra prime heifers £ls 2s 6d, prime heifers £lO to | £l4 10s, ordinary heifers £7 10s to £9 15s, extra prime cows £l6 10s, prime cows '£lo 10s to £ls 10s, ordin-1 ary cows £7 10s to £lO ss.

Store cattle.—Small yearlings £2 5s 15 to 18-months £4 7s Od, 2-year heifers £6 ss, 3-year steers £8 17s Od, dry cows £4 to £9 10s, dairy cows £5 to £lB 10s. Pigs.—Choppers <"£3 10s to £7, extra heavy baconfrs £5 ss, heavy baconers £4 to £4 15s, lighter baconers £3 5s to £3 15s (equal to 7J.1 per lb), heavy porkers 52s to 58s, lighter porkers 44s to 48s (equal to 7d to 7%d per lb), medium stores 2Gs to 335, smaller lGs to 235, weaners 8s Od to 14s.

BURNSIDE. Extra bullocks £22 10*, prime £l7 to £l9 10s, medium £l4 10s to £ls 108, light inferior £l2 10a to £l3 10s, best cows and heifers £l3 to £ls 2s 6d, good £ll to £l2 10s, light £8 10s to £lO. Sheep—Taken all round, prices dropped 2s per head. Best wethers 39s to 425, extra 51s M, good 3Gs to 38s, medium 32s to 34s od,~light 27 s to 295, best ewes 38s to 42s extra 50s, good 34s to 36a, medium 28s to 30s, light 20s to 255. Lambs—Best 27s to 30s, extra 345, medium 24s to 25s (id, unfinished 21s to 23s 6d. Pigs—A small yarding. Fats were keenly competed for. Stores were in fair demand, AUCKLAND. The New Zealand Loan and Mercantile Agency Company, Ltd.i report:— Westfleld—Best dairy cows and heifers £l2 5s to £lO os, others £lO to £il2, bulls 7gns to llgns, empty cows £7 to £0 "3 fld, steer calves £4 5s to £5 10s, heifer calves £3 5s to £4 10s, store wethers £1 lis to £1 los Od, old ewes 15s 6d. Albert yards—Heavy draughts '£23 to £35, medium draughts £lB to £25, hacks £8 to £tl4, light harness sorts £0 10s to £ls, ponies £3 to £7. I'nkekohe—Grown steers sold at from &H los to £l6 2s, three-year steers £l2 to £l4 15s, two to two and a-half • year steers £9 17s 6d to £ll 17s Gd, yearling to 18-montbs stews £5 12s 6d

to £9 iss, one extra choice pen of 11 18-month steers realised £ll ss; steer calves £4 10s to £0 10s, heifer calves £3 5s to £3 12s Od, yearling to 18month heifers v£s 15s to £7 12s 6d. heifers suitable dairy purposes £7 5s to £9 10s, empty cows and heifers £6 17s Od to £8 17s Od, best dairy cows and heifers £lO 10s to £l4 10s, others £8 7s 6d to £lO ss.

At Westfleld fat stock market on Wednesday prime ox brought to £2 9s per 1001b, others '£2 Bs to '£2 8s Bd, rough £1 18s to £2 4s, cow and heifer beef £2 2s to £2 fls; steers sold at from £12.10s to £l9 17s Bd, no heavyweights yarded; cows and heifers sold at from £9 to £US. Calves were penned in large numbers and sold at late rates. Runners, £0 10s to £'U ss, heavy dealers £3 18s to £0 15s, medium vealers £2 lis to 17s, light vealers £1 10s to £2 10s, small and fresh-drop, ped 2s to £1 15s, 10 choice vealers from Mr. J. S. Fitch, Karaka, averaged £0 13s. Sheep were penned in average numbers and sold at last week's rates. No extra prime heavy-weights penned., Best wethers £1 18s to £2 Is 6d, others £1 14s to £1 17s 9d, bi'«t ewes £1 12s to £1 is,fid, others £1 4s to £1 lis, inferior ewes 19s Od to £1 3s. Lambs in full numbers sold at late rates. Besi £1 7s to £1 10s 9d, others "£1 Is to ;£*' fls 6d, store lambs 13s to £l, 37 lnfrdis from Mr. G. T. Nicol, Papatoetoe, feveraged £1 9s Od, Pigs—Large V.coners £4 to £5 os, small baconers '£3 8s to *£3 19s, large porkers '£2 1.3s to £3 7s, small porkers £1 13s to *£2 14s, slips 15s to £1 12s, weaners. and suckers 7s to 14s.