COMMERCIAL.

Taranaki Daily News, 28 January 1919, Page 3

COMMERCIAL.

RESTRICTIONS REMOVED. ('Received Jan- 27, *9.30 a.m.) London, Jan. 24. (Restrictions on the importation of raw hides will be removed next month.™ Aus -NJZ, Cable Assifc UONDON MARKETS.; \V (Received Jan. 26, 11.5 p.fa.) London, Jan. 23. Waihi shares.—Buyers 42s 6d, sellers 455; Talisman, fcuyers 13s Id, sellers lis 4d.

vmeat m qiuei; no Aiisxranan on passage offering; small quantities ex store at Cork sold at 83s per quarterThe flour market is quiet and prices unchanged. Oats firm. La Plataa on spot arc quoted at 62s €d to 63s 6d. , Beans and pea 3 make full late rates. —Aus.-N.Z. Cable Assn THE WOOL MAIIKEI FULL SUPPLIES AVAILABLE. (Received Jan. 27, 8.55 a.m.) London, Jan. 24. Mr Goldfinch, speaking at a meeting of the Wool Council of London, said the danger of a short supply of wool has passed There is sufficient available to keep the mills engaged working full time and also provide for the needs of France, Belgium, and Italy. The position is now sufficiently clear to lay down broad lines on which control will be liquidated. Speculation in raw material should be discouraged and prices established as much as possible. The Governments of Australia and New Zealand wished their wool clips go handled as to produce these results- The department will limit itself in future to careful marketing of Australian wool and commence auctioning in accordance with requirements. The reserve will be somewhat, lower than the Bradford issue prices.—Aus.S Z Cable Assn.. (Received Jan. 27, 10.10 a.m.) London. Jan. 21 Mr Goldfmcl. added that he expected a minimum of SO,OOO hales couHl be handled at the April auctions, and larger quantities tjjo. following months, but there was no hope of handling efficiently the quantity winch was required monthly. If the Allies draw largely upon London, the department will continue to issue wool outside auctions at fixed prices. The present prices will prevail throughout April, and there would be no changes until a well-marked basis was established, and therefore subs-e- j fluently avoiding frequent changes. There were three sources of supply available; first, Government auctions; second, Government fixed issue prices; third, purchase of free wool from all sources except Australasian at prices fixed by unrestricted bargaining, thus producing,, a safeguard against excessive competition at auction. This would enable the Government, 'by regulating the quantity of Australasian wool offered at auction, to keep the market well supplied without allowing an ovcrsupply. This is considered in the best interests of Australasian producers, as well an British traders. Consumers must not lie overlooked Australasian contracts gave producers partnership interests in J the result of re-sale. They are therefore entitled to know that we are market mg the wool carefully in their interests, hut the producers are aware that curtailment of the healthy flow of their wool through consumptive channels is against their interests. Sheep growers in Australasia are concerned not only in this, but in future clips, and are interested in the health and development of the British wool and textile trade as much as West Yorkshire.

Mr Goldfinch announced that the Government would purchase the next British clip —Aus.-N.Z. Cable Ason.

AUCKLAND STOCK MARK'Ei.. l.'ie y?\? Zoalann I<osn and Mercantile Agency Co., Ltd., report:—> Wastfielcl.—Beat dairy tews ami heif•

I ers > £l2 las to £l9 2s (Id, others £S 10s to £l2 10s; heifers, suitable dairy purposes, £.3 16s to £7 ss; empty cows and heifers, £7 7s 6d to £9 12s (3d; aged and iaieriar cows, i'A 10s to £7; yearling to IS-month steers, £4 2s fid to £t> J.7a 6d; bulls, £6 to £l3; calves, £1 10s to Waiuku.7—Dairy cows and heifers, £9 to £ls ss; balls, £1 to £l4; empty cows and heifers, £7 to £8 7s fld; ea'ves, 15s to £i'.; fat cows, £9 to £l3 10s; cull ewes, I's !)d to 10s (id; weauer pigs, £1 to £1 10a; porkers> £1 18s to i-Z 10s. At PupaV.iira ou 'l'aesdav, heavy draughts, £2l to £3l 10s• medium draughts, £l7 to £-24 JOsj hacks and light harness horses, £S to £l6; ponies J. 3 to £7; weeds, 10a upwards; light unbroken sorts, £2 10s to £8 10s; heavy unbroken sorts, to £2O. At V/eFtfield fat stoc-k market on the ?2nd, beef was penned in average numbers and sold at late rates. Choice ox poM to £12.: Us per 1001b, others £2 8s to £j; 10s; cow Mid heifer heel* £2 ■4s to ,€f! 5s p?r J 001b; steers sold at from £.14 to £2O 7s (id; cows and heifers sold at i-rom £8 15? to £ls 12s Cd. Sheep were penned in large numbers. Competition yn% keener than at late sales- Quotations arc the samo. Best wethers ,io!d from £i lSs to £1 17s od, one small pen extra heavy £1 l!)s '!) a, other,-? 2S.s Gd to Sis tid, unfinished 24s opivards; ewes, heavy ?,7s to 32s Gd, other f .Ms to 2fis iid, inferior and aged 6s upwards; hoggets, "23s to Sis Lambs were also pontic;) in large numbers, many consignments being of good quality Competition was keen, and prices are better. Best !s,ml» £1 4a fid to £1 Ss; medium £1 2s to £1 4a Sd, others ;.7a to £1 is, jrri'erior 2s upwards. Rtamera sold from £5 10s to £9 for a pen of four 15-months-old stews from Mr Fred Parker, Waiiiku; vealess, heavy £3 »s (Id to £4 lSsj'itoedium ■£?. 7a 6d to £3, light £1 17a 6d to £2 10s, small find fresh-dropped 6s to 255. Pig.-, were yarded in average numbers, and again sold under good competition Choppers and heavy haconers nindo from £S 2a 6d to £0 Ss; small choppers aad light baconers, £4 10s to ■£fl Is; porkers, large £3 10s to £4 Ss, medicm £3 2s Cd to £3 15s. small £2 5s to 3; weant-rs sold under keen competitionfrom 22s _tj», Sft """ '