COMMERCIAL.

Taranaki Daily News, 13 April 1920, Page 2

COMMERCIAL.

r H, LONDON MARKETS. < By Telegraph.—Press Assn. —Copyright. London, April 10. Cotton.—May 25.97. Rubber.—Para 27d, plantation 26% d, smoked 27% d. . ' Copra.—Weak; April-June £56 nominal. Gemp.—Unchanged. Jute.—Firm; new crop, August-September, £65. linseed oil, 105s. Turpentine, 101s. EXCHANGE DEMORALISED. London, April 10. Tlid Anglo-French disagreement has demoralised the exchanges. Exchange on Paris is 1i5% francs to the £, and Italy 88% lira to the £. LONDON WOOL SALES. London, April 10. The Australian wool aoles have closed. There were 11,230 bales offered, and 10,500 solil, ANTWERP WOOL SALES. Antwerp, April 8. The Australian wool sales opened on the Bth with a large attendance and brisk competition. Prices were firm to 5 por cent, dearer. There were 10.200 bales ottered .and sold , BADAK TIN SHARES. Sydney, April 12. Badak tin shares slumped from £IOOO before Easter to £7OO. Other shares in the group aba slumped heavily. THis mas chiefly the result of tho announcement that the Kedah Government refused to grant any applications for mining concessions outside Badak. THE PRICE OF GOLD. By Telegraph.—Press Association. Wellington, April 12, '.Tho following information has been received •by cable from -the High Commissioner with reference to the sale of g<?ld on April 7, 1921): Monday's price Is £5 lis 2d, and the shipments principally to South America and the Straits Settlements. NEWTON KING'S REPORT. At my Inglewood sale on the 7th inst., I report a good yarding, but a dull market prevailed, tho recant holidays no doubt accounting for the tone In this direction. Lambs lis Od to 14s Bd, mixed age ewos (in lamb) 255, s.m. empty ewes 18s 7d, f.m. ditto 12s Id, weaner heifers £2 15s to £3, mixed neaners £2 10s, 20-month empty heifers £G ss, 20-monlh to 2-yertr heifers in calf £8 to £9, 2%-year ditto £lO 10s, springing heiiers £9 15s to-£l2 10s. At Ohura, on the 8;h Inst., both sheep and cattle camo forward in big numbers. I report a very firm market throughout, particularly notieeablo in comparison with recent sales in Taranalci. A strong local demand accounted for very Uttlo stock leaving the district. Sheep: 2-tooth wethers 27s Od to 29s Od, 4 and G-tooth ditto 29s 3d, mixed aged ewes 20s to 23s Od, s.m. ditto lis 6d to 15s, light lambs 13s. Cattle: 4%-year bullocks £ll to £l3 12s Od, 3%-year ditto i £!) to £lO, 2%-year ditto £7 ss"to £8 10s, 1 small and colored ditto £G 15s, 20-month j ditto £4 15s to £5 10s, weaner steers £3, fat cows £ll to £ll 10s, store and forward ditto £G to £8 15s, cows and calves £7 ! mixed weaners £3, 20-month empty heifers 1 (amiiil) £4. others £5 5s to £B 10s, 20-i month heifers £6 10s to £G 17s Gd 2iito 3-year ditto £lO 10s to £ll 17 S 6d springing heifers £9. At my Urenui yards on the Sth Inst, I conducted a special sale of dairy heifers a very big yarding of which was offered to a 'big attendance of buyers from all parts of Taranakl, and also from the Waikato. For well grown and quality sorts competition was keen high prices resulting. Jerseys maintained their usual high values, but nevertheless outside buyers operated freely In this class Prices as follows: Heifers in calf: Choice Jerseys £l7 1o £2O ss, quality ditto, but small £0 r.s to £l2, Shorthorns £lO 5s to £l2 15s' Jersey cross (small) £9 to £l3, mixed heifers £l3 5s to £ls. Dairy cows in milk £l#, springing SlO to £l2, .mixed 18 to 20month empty heifers £5 to £5 lis. At Itnhotu. on the flth. inst, a small yarding met with little inquiry, Weaner Jersey ers '' s £G Bs, mixed weaner heifers £3 Gs to £3 lis, wenner steers 30s to £2 small empty heifers £4 2s, 2'4-year steers £0 lfis, 20-month ditto £4, store to £7 Is, springing heifers £lO 15b, small