COMMERCIAL.

Taranaki Daily News, 10 March 1920, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright, London. March 4. The British Government has purchased 120,000 casks of Danish butter. The price has not been divulged, but It is believed to bo about 3s 4d per lb. landed. Bradford wool Is quiet, but. steady. Sugar remains unchanged. Wheat—There is fair trade In Australian parcels and cargoes though little is offering on spot. No imported flour has been released this week. Oats—Weak. La Plata, soot, 59s 3d. Beans are quiet but Steady. Peas are dull, ending easier. The slump In tin is attributed to profitfaking, also to the strike In South Wales prejudicially affeoting consumption.—Aus -N.Z. Cable Assn. -% " LONDON METAL MARKETS. London, March 5. Copper.—Spot £ll4 7s Cd; forward £ll7 17s 6d; electrolytic ingots £122; bars £126; best selected copper, £123. Lead—Spot £4B; forward £SO ss. Spelter—Spot £56; forward £59 ,1a Tint—Spot £393 ss; forward £390 7s 6d. Silver.—77 7-8 d per ounce. There was heavy selling owing to tho adverse American exchange rate causing prices to recede. LONDON WOOL SALES. The N.Z. Loan and Mercantile Agency have received the following cablegram froni their London house under date March 1, 1920: Wool sales closed. Good greasy Merino 7V4 per cent., others par to 5 per cent, higher. Fine greasy crossbred unchanged; modlura greasy easier; coarse greasy neglected. N.Z. L. AND M. REPORT. For the meek ending March Clh, we report as follows: On Monday, nt Kakaramea, there was a good yarding of all classes of stock. Prices throughout were In favour of vendors We quote: Cull ewes 10s 6d, cull lambs 10s 6d, mixed sex 2-tooths 27s 6d, forward cows £ll ss, store cows £5 5s to £lO 10s, dairy heifers and cows £lO 10s to £23 15s weaner heifers £1 5s to £2 7s 6d, 18-monUi heifers r.w.T). £5 9s to £8 2s 6d, bulls £4 to £l2. At Eltham, on Wednesday, there was a full yarding of sheep, but the advertised number of cattle did not come forward. Prices were on a par with previous sales: 4-tooth ewes 22s Od, fat sheep £1 lis, lambs (good) 19s Id, cull lambs Os Od to 9s. forward cows £lO 10s to £ll 10s, stores £8 ]7s, bulls £0 15s to £9 10s, empty heifers £4 6s, weaner heifers £2 8s to £2 15s, weaner steers £2 10s.

On Thursday, at Hawera, we had a good yarding of botli sheep and cattle. We quote: Fat and forward ewes 17s 2d to 30s, s.m. ewes 15s 6d, 4 and 5-year ewes 19s 6d to 22s Cd, 2-tooth wethers 24s Id,"fat sheep 325, Lincoln rams, 2%gns„ 2-tooth Ronraey rams 3gns., cull lambs 10s 4d, forward cows £8 His to £ll 7s. store cows £5 12s Od to £9 16s, bulls £5 to £9 10s, 2y,-year steers £8 14s 6d, weaner heifers £2 2s to £3 lis Jersey weaner heifers £5 17s. 6d, weaner steers 19s to £2 10s, store pigs £2 lis to £4 18s.

We held our Hawera autumn horse fair on Saturday. We had good enquiry for all sound working horses. We quote: Hacks and light harness horses £5 5s to £2O. light draughts £2l 10s to £35; on account of. Mr F J Browne, eight unbroken coach horses £7 to £ls ss.

The N.Z. L. and M. Agency Co. Ltd. hare received the following cablegram from their LotuJon house under date March. 3, 1920 : Tallow: We quote present spot values for the following descriptions of tallow: Fine mutton £5 9s per ewt, good beef £5 8s per cwt mixed £4 18s 6d per cwt. Market dull; nothing doing; prices unchanged.

PUKENGAHU ESTATE. ' " PRIVATE SALES. At the auction sale of tho Pukongalm Estate of 980 acres, owned by Messrs. Brown Bns, which was conducted by Mr. Newton King and the N.Z. Loan and Mercantile Agency Co., at Stratford on Saturday, only three out of the eleven sections wore actually sold by auction. It Is now reported that the following additional sections have been sold by private treaty:— Lot 1.—58 acres (account Nell Brown), to J. O'Neill (Pukengahu), £34 10s per acre. Lot 9—107 acres (on account G. Brown) to W. A. Wilson (Pukengahu), at £SO per acre. Lot 10.-108% acres, to C. E. MeGuinness (Mangatokl), at £54 per acre.