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Taranaki Daily News, 1 April 1920, Page 2

COMMERCIAL.

LONDON MCTAL MARKETS. By Telegraph.—Press Assn.—Copyright, I Received March 30, 8.30 p.m. London, March 29. Copper.—Spot £lO4 12s Gd; forward £lO7 12s (id; electrolytic copper £ll3 to £lls. Lead.—Spot £4l) ss; forward £4l 15s. Spelter.—Spot. £49 ss; forward £sl 159. Tin.—Spot £345 ss; forward £340 10s. Silver, 71% d per ounce. ANTWERP WOOL SALES* Antwerp. March 27. At the wool sales on Friday and Saturday 2100 bales were sold. There was animated bidding, and prices were from 15 per cent, to 25 per cent, above the February rates.—aus.N.Z. Cable Assn. LONDON WOOL SALES. By Telegraph.-—Press AssociationWellington, Last Night. ftie I*rime Minister has received tho following telegram from the Director of Raw Materials, London, regarding the recent wool sales: The third series closed on March 26th with a strong tone. As compared with the February closing rates we quote merino 10 per cent, dearer, flno crossbred 10 per cent., medium 12% per cent., coarser 10 per cent, dearer, scoured and slipes 5 per cont. and TVs per cent, dearer. The N.Z. Loan and Mercantile have received the following cablegram from their London office: "Compared with last sales, the closing rates of prices were higher, about 1\ r 2 to 10 per cent, for coarse, fine medium crossbred and Merinos, except faulty scoured Merinos. Market weaker." MONEY MARKETS. London, March 29. Exchanges.—raris 57.50 francs, Chrlstianla 20.50, Stockholm 18.10, Calcutta 28% d, Montreal 425 cents, New York 302 ceuts. There is a better tone in the Stock Exchange and a general improvement in giltedged securities. Consols £4O, Waihl 30s 9d and 41s 3d. HIDE SALE. The Farmers' Co-op. (Stratford) report:— At our sale held on Tuesday we catalogued 500 hides and calfskins, the following prices boing realised:—Butcher cow from 21% d to 26V&d; farmers cow, from 20% d to 2liid; cow, slippy, from to 19% d; ox hides from 2u'/itd to 22% d; calfskins from 41% d to 54 1 / id; calfskins, inferior, from 33% d .to 48% d; yearlings, from 21% d to 28*& d; horsehides from £2 to £1 10s; tallow, in tins, from 40s tid to 65s Cd; in casks from 07s Cd to (JBs Gd. SHEEP FAIR AT EURNSIDE. Dunedin, Last Night. The annual ram and ewe fair was held at Burnsldo to-day. The total number of sheep yarded was far In excess of the average of recent years, and quite beyond buyers' requirements. No stud rams of exceptional merit were offered, with the exception of Corriedales, which were in very short supply. As far as Border Lelcesters and Romneys were concerned It was only when sheep above the average came under the hammer that the bidding was at all keen. Flocks of rams, speaking generally, were up to the average of previous years, bin even for best lots prices wore low. Mediums and ordinary lloek rams were entirely neglected, and only brought prices equal to what exporters could give per 11). for slaughtering. Any vendor with ordinary or common sheep had to take a killing price or withdraw his sheep. As a consequence there were many withdrawals, Stud Border Lelcesters realised up to 25 guineas, which price was obtained for sheep vended by Adam King-, of Stony Creek. Other prominent vendors were T. H. Little (Windsor), John Millar (Maungatua). G. p. Johnston (MaUland), J. T. Reid (Ellorslle), Thco. I.ochhead (Balchitha). A llock of Border Lcicesters brought, from 11/*l 1 /* to 2% guineas liomney stud rams brought from 7 to. 21 guineas; a fiock of Romne.\s V/ 2 to 5 guineas; two-tooth Romney ewes 3 guineas Shropshire ewes were not in request, one line selling at IVs guineas. Corriedale rauns sold under keen competition from 7 to 10 guineas. HIDES AND TALLOW. The NZ. Loan and Mercantile Agency roport:—At our hide and tallow sale on Tuesday wo offered a fair catalogue to a good attendance of buyers. Abattoir ox hides advanced from Id to l%d per lb., whilst cowhides, calfskins, etc., also showed a rise on last sale rates. The following prices were obtained: Abattoir ox hides, averaging (illbs, 24d per lb, ditto 47 to 55 lbs . 23y.d to 23* Ad; abattoir cow hides, averaging 3(j to 43 lbs. 21% dto 22d; abattoir yearlings, averaging 10V6 lbs, 33% d; yearlings, 18% d to 21Vsd; horsehides, 17s (id to 30 s each; calfskins, firsts, 49d per lb, seconds, 47d to 48% d, cut. 45d, slipy 31d, cut and sllpy 29% d; tinned tallow realised from 41s to 07s per cwt.