COMMERCIAL.

Taranaki Daily News, 22 September 1919, Page 2

COMMERCIAL.

PALL IN RUSSIAN SECURITIES. By Telegraph.—Press Assn.—Ccpyrlght. „ , „ London, Sopt 18. Russian Government bonds continue to collapse on the London Stock Exchange owing lo actual and anticipated selling. Mining and oil shares are severely depressed. It Is estimated that the outstanding Russian Government and municipal securities plus arrears of interest amount to 2000 millions sterling on a pre-war valuation. LONDON MARKETS, „.v . „ . London, Sept. 18. Wheat.—Steady business, cargoes sold at Cls. I'lo'ur.—Quiet; a fair quantity of Australian was aMocnted at 44s 9d. Oats.—Firm"; New Zealand Gartons Ola «d to 625. Peas. Quiet; New Zealand and Tasmanian Ivory, 160s. Beans.—Firm. 4 Sugar.—Unchanged. Wool—Good compatltlon for all sorts at firm rates. The United States and France continue to operate. Bradford values are stronger for all sorts and plenty of business Is offering, but top-makers are reserved owing to the small prospect of an Increase in the output.—Aus.-N.Z. Cable Assn. LONDON REPORT. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London house under date September IT, 1919: Wool sales opened. Merino and fine crossbred wool 5 per cent, higher. Tallow—Fine mutton, £ss Is per cwt.; good beef, £4 18s 6d per cwt ; mixed beef, £4 7s per cwt. Pine mutton tallow neglected. LOAN AND MERCANTILE. Tile N.Z. Loan and Mercantile Agency, Co Ltd., Hawera branch, report as follows: '' At Kakaramea, ou Monday we had a full yarding i?f store and dairy cattle. Sheep were penned in small numbers. With the exception of a few lines everything was disposed of under the hammer at full market rates Prices were as follows: Store cows £6 4s to £9 12s 6d, canners £5 to £5 13s, 2-year empty heifers, Jersey cross £7 lo £7 15s 2year steers £6 19s, yearling heifers £2 6s to £5, yearling heifers, Jersey cross £6 12s Gd yearling steers £1 15s to £4 3s, yearlings mixed £4 12s Cd. choice Jersey SDrliiErlnff heifers £l6 to £2O, others £ll 5s to £ls small and backward sorts £S 10s to £lO good dairy com £2O to £27 10s, others £l3 to £l6. Ewes with 100 per cent. lambs 26s Gd, small hoggets I.ls. to 19s Cd.

At Eltham, on Wednesday, 17th. inst, we had a good yarding of all classes of cnttlo which we disposed of at the following prices' store cows £6 lis to £0 16s, empty 2-yenr heifers £7 3s, 2-year steers £0 6s to £7 4s Rood yearlings, Jersey cross heifers, £5 3s to £6 ss, others £4 15s to £4 18s, yearling steers £4, yearling bulls £2 16s, springing heifers £l2 to £ls 10s, springing heifers small and backward £7 to £9 10s, dairy cows £ls to £lO.

At Hawera, on Thursday, wo had a full yarding of dairy and store cattle, and report II good sale at the following prices. Forward cows £lO 3s Cd, store cows £li 10s to £9 6s empty store heifers £4 14s to £8 Is 2-year empty heifers £6 4s, 2-year empty 'heifers, Jersey cross. £7 15a, 2-year steers £7 l-'s yearling steers £1 lis to £5, yearling heifers £1 19s to £5 ss, yearlings mixed £3 5s to £4 lis, store pigs, medium £3 Is to £3 17s 6d, store pigs, small £2 lis to £2 18s, small hoggets 10s 5d to 17s, empty ewe 3 27s 7d Dairy heifers, extra choice £2l 10s to £35 10s, others £ll 5s to £l9, small and bacli» ward sorts £6 to £lO.