COMMERCIAL.

Taranaki Daily News, 4 February 1919, Page 7

COMMERCIAL.

CANADIAN SHIPPING KATES. Montreal, Jan. 30. The reduction in the rates on vessels for Australia and New Zealajid i 3:— Naked steel 15 dollars per ton; packed steel, 18 rough measure cargo, 23 dollars; fine measure cargo, 30 dollars. The rates apply per ton of 2250 pounds or forty cubic feet at the ship's option- The reduction is effective im-mediately.—Aua.-N.Z, Cal)le Assoc.

LAND COMPANY RESERVE. > London, Jan. 31. The New Zealand and Australian Land Company transferred £220,000 to the reserve, waking the latter half a million, which it is proposed to capitalise, allotting the new shares to holders of ordinary stock 4

LONDON MARKETS. London, Jan. SI. Butter and chee°c. —Position unchanged. \\ heat and flour.—Quiet; Australian not offering. Oats—Steady and unchanged. Beans. —Slow. Peas.—Quiet; New Zealand and Tasmnnian white 56s to 60s. Sugar.—Granulated 57s 9d.

HIDE AND SKIN REPORT Dalgcty and Co. (Wellington) report: Wo held our fortnightly sale oi hides, tallow and oddments on the SUt., when we offered a good catalogue to a small attendance of buyers. Competition for heavy fines suitable for tanners' requirements was keen at an advance of a halfpenny per lb. calfskins maintained previous higlfc. rate. Tallow wo* in poor demand, sospmakcrs refusing to operate except at greatly reduced rates, We quote— Hidc3. —Or, heavy, GOlbs up, 12d to 13% d; ox, medium, 50/59, lOd to 12% d; 02, light, 40 and under, IOJd to lljd; cow, heavy, sDibs and over, lid to ll ! / s d; cow, medium, K% to 54, lOd .to Hid; cow, light, uniler 42, flld to lid; cut, slippy and inferior, CJd to ll%d; bull stag, 7%d to BJd; yearlings (lGlbs to 24ibs), S%d to lli; calf, superior (up to lGlbs), i'Jd te 23d; medium good, Hid to 22id; calf, damaged, 5%d to Tallow—ln casks, 30a. Sundries—'fails, 6d. i

CROPS IN THE SOUTH, r" Christeliurch, Jail. 'SI. Raia, ait'j" continuing more or less intermittently until yesterday, has" now (Reared up and tlie weather is beautifully ime. The harvest, work can again bo resumed. Beyond causing a lit tin discoloration of barley that may be still out, the rain has dona no harm to the grain crcps,- hut ou t]® v..bole has done a considerable amount, of good. A few sales of oats, principally Algeriai.a, vionlmua to la w.y.le. , Prices have eased a little- Parcels, have changed hands at 4a -id and.4s.6d, arid an odd line of better ; quality ' 4s Sd at couutry stations. Tiiers' are.;very : few white oats yet avaiiahitv There are inquiries for Duns s.nd> Algerians for seed, but k<t season's are preferred on recount of their better';germination, as compare# with the. early...thrashed new season's' graii. More Italian.'ryegrass is nuw offering and sales are being made -at 4s ■Gd and as ,at .ooimtry stations, according to weight and majUingu. For perennial 4s to ss, according to quality, is being offered. Odd lots of cocksfoot are being marked la per lb, but Banks Peninsula seed is notyijt being offered. •Whit?, clover is row coming ,fot>wwd v and ■lw.samphfß' containing more 'OP lo& sorrel lOd and'ls 2d is and 'for fai'extva good sample U 7d has beoji given 'fit country stations. 1 Oatsheaf cliafT is quiet at present as northern markets ar« being supplied. Locally the potato market has r.ot vet opened, though occasional offers have been aiade,