COMMERCIAL.

Taranaki Daily News, 20 October 1919, Page 5

COMMERCIAL.

RATES OF EXCHANGE. By Telegraph.—Presi Alsn—Copyright Received Oct. 19, 11.5 p.m. London, Oct. 17. Tlie foreign rates of exchange are: On Paris 36.02, Stockholm 17.15, Chriatianla 18.24 Montreal 4 dollars 31 cents, New York 4 dollars 15 cents, Caldutta 24^. —Aua.-N.Z. Cable Assn. 1 PRICE OP PETROL. Received Oct. 19, 11.5 p.ml Now Tori, Oct. 18. i Petrol, 60 to (12 degrees. 1) quoted at 24H cents per gallon wholesale, and SAW cent* retail. Slxty-felght to seventy degrees In sjeel oonjiindrs" jit) Quoted mi : cents wholesale, and 72 to 76 degrees In steel containers nt 33 >4 cents wholesale,—Aus.-N.Z. Cable Assn. CANTERBURY PRODUCE MABKET. . Chrlstchureh, Oct. 11. Millers are displaying a little concern it to the wheat position, and Inquiries have bfen received locally from the North Island for orders that cannot be met. The drought In Australia, combined with the certainty that the surplus available' for export from the . Commonwealth will be of a negligible quantity, Is responsible for the present Inquiry. Millers, irlio have been somewhat dilatory In laying in a supply, are awakening to the fact that it Is a risky policy to further deity. The spring Is sufficiently advanced now to permit of an approximate estimate of Ihe harvest position, and it is freely recognised that thi backward weather box seriously dlmlniahed sowing operations. As an indication ef the diminution of the" area sown, it may be mentioned that one local seed merchant has sold this season about one-third of the seed wheat lie did last, and last season's sale was about one-half of the preceding one's. There i» pracltcally no change In the oat market. TOere r .re Inquiries from Auckland, but the I«1( of shiplpng prevents operations to any extent. There Is Inquiry for good oaten-sheaf chaff, but very little Is ottering. Sales have b«en recorded during the week at £6 5s per ton. Inferior is not asked for. The potato market is flint, but are practically nil. Small supplies of Aockland early potatoes will probaWj ease the Wellington demand within a week or Wo.

STRATFORD BULL PAIR. At Mr. Newton King's annual bull fair In the Stratford yards last week, there was a good yarding of bulls, the quality being very fair. The demand was for Jerseys, while a l[olstelnsand Shorts were dull of inquiry. A nice Jersey "Noble of Oakslde," bred bp Mrs. M. A. Uadsby, was purchased for 51 gns. by Mr. Jamoa Linn. "Winsome Lad" (enMrod, by Mr. (i. V. Cole) was bought by Mr. 0. : Styles for 40 guineas. Mr. 8. J. Raffles' "Excelsior of Wltlowbank," also realised 40 2UB, the purchaser being Mr. J. T. Walsh. Mr. C. Bell's "Glorious Prince," waa bought by Hutchinson and Bell for 30 guineas. Bulla i. bred by Mr. W. Viewers brought frofij 16 to ' 20 gr.s, Holstcins realised 11 to 1.1 got. and Shorthorns 10 to 18 gns. Grade tewys fetched £ll to £2O, und other sorts from £5 to £l2 10s.