COMMERCIAL.

Taranaki Daily News, 19 April 1920, Page 2

COMMERCIAL.

uONDON MARKETS. By Telegraph.—Press Assn Copyright. , . London, April 14. Share Market—'\\aihl .Tunctlon. 10s; Talisman, buyers 7s 7d, sellers 7s 9d; P and 0 bui'ers £520. sellers £540. The market for tin Js Arm on smaller offerings ant) good demand. Lead—lmports for the month were 13,C00 tons. Including 08(18 from Australia. The exports amounted to 7527 tons The rato for Treasury BIKs has be.'n raised to C'A per cent. Exchange rates—Paris 03.25 francs, Italy 85 lira. At the tallow sales 2124 casks were offered and 103 sold. Prices declined "s per cwt for mutton, which realised 103s for fine and Ofis for medium. Beef drooped Is 6d, aelllnc at. 90s. Buyers are abstaining In the hope or a further reduction. The Stock Exchange was faip'y steady as inn Increase in the bank rato was apparently well discounted, but the weal-ness of Cdcnlals was accentuated bv the joint stock banks raising the deposit rate to 5 per cent "lonsols were quoted at £4O At the rabbit-sltin sales there was a poor demand, and an average decline of 50 per rent, compared with the February sales Best furriers' sorts were mostly withdrawn! At the Llrerpool won" sales there was a ■rood attendance and keen competition for all -sorts Cnmpared with the closing rates greasy merino combing and good scoured were par to .1 per cent, dearer; average scoured was unchanged; greasy crossbreds were firm slines and scourcds unchanged Tho Bradford market Is firm with IMe buying, spinners awaiting the London opening Wheat—Pair business. Australian mssim cargoes !)os, spot quiet; Australian 102s Flour.—A fair quantity was allocated, i flats.—Dull. Peas and Beans—Quiet and unchanged Sugar.—Granulated Rs. Tho Bristol and Dominions Produce's Association Is Issuing 00.000 pound shares nirjfint a total capital of £IOO,OOO. HIDES AND TALLOW. Messrs. Dalgety (Wellington), report as follows. under date Apr!:- 18:—There was a' good attendance of buyers., but competition was not keen except for super hides '"These showed a little drop, but for medium to good qualities, heavies were lower bv about 2d per Ih, lights 3d to 4d, and calfskins by about fid. Damaged hides were irregular at a stil" fitrUiit- decline. These lower rates were fully expected In sympathy with recent Austrnllnn sales,

Tallow was in poor demand and prices gen-! er;My were lower by about £5 per ton. ! Hides—We nuotfi: Ox, sound, 701b and over' 23% d to 28% d. 591b to liOlb 21 %d to 25% d 53! l» to 58ll> 21d to 23% d, .151b to 521b 20Kd tn 23tfd. 331b to 441 h IB%d to 22% d; ox, cut and slippy, anl grades. 13d to 2a^d; cow, sound, 451b and over 19d to 23Vfid, 331b to 441b lfl%d to 22% d; cow. cut and slippy, all grades lfl%d to 21d; yearling and kip, sound. 111b to lfilb. 23% d to 35d, sound, 17*' ib to 321b 20% d to 2Rd, cut and slippy, all grades 12d to 26%-d; calf, sound, Ist qunHtv under filbs 45% d to 52M>.d; do 61b to 81b 40d to 49 Ud do. 91b to 10-fc 24% d to 42% d} calf cut and slippy to 39d; bull stag, not scheduled 12d to 16% d; horse, not scheduled, 15s to 3 (Is. Tallow—ln casks 60s to 755, in tins etc 48s to 665. Sundries.—Horsehair, Is Id; tails, Is 6d. INGLEWOOD SALE. There was a slightly Improved tone to the market at the Farmers' Co-op. sale, Inglewood, on Wednesday Inst. A good yarding of stock was made, Including some pons of young pigs, which readily sold nt 19s to 23s Cd flood and convenient accommodation has been presided for dealing v>lth this important branch of farm stock, and it is somewhat surprising that they aTe not more commonly offered at the firm's fortnightly sal es. There was fair competition for the other stock, though steers generally were hard to place. Mixed calves sold at from 21s to 50s. Heifer Jersey weaners up to £5 15s. Of the 20nionth steers offered sales were effected at £3 15s to £5 ss, 2%-yenr steers £7 15s, fat. bulloclcs £l2 15s, store cows from £4 to £9. in-calf heifers 118-month) £7, 2%-year £l3 to £l7 ] Or. Wonly lambs sold for 18s fid up to '23s for a very choice line. Shorn lambs realised from lis to 13s. 4 to C-tooth wethers reached 27s fid, sound-mouth ewes in lainib from 2ls to 2fls 4d, aged ewes 9s 3d, while a nice line o«f 4-tooth ewes sold foT 273.