COMMERCIAL.

Taranaki Daily News, 7 June 1920, Page 3

COMMERCIAL.

EXCHANGE RATES. Bf Telegraph.—Press Assn.—Copyright. London, June 3. Exchange rates.—London on Purls !i0.90 francs, Stockholm 18.20 kroner. Christiania 22.15 kroner, Calcutta 2r.i/ 2 d, Montreal 440 tents, New York 392% cents. LONDON MARKETS. London, ,Tuae 3. At the wool sales a better tone continues for all qualities, low combing wools excepted. Best meriuos are distinctly harder and there Is Improved competition for scoured sllpes with a firmer tendency. The Bradford market shows a slightly better tone, though irregular; 63's made 132 d: OG's, SOd; 50's, G2d. Wheat.—The market is quiet with small allocations of passage and spot. Flour.—Good demand, but little allocated. Oats.—Dull; La Platas on spot, 503. Iteaus.—Quiet and steady. Tens.—Tending to be easier. Sugar.—Unchanged. The Athenic's New Zealand pears were of variable quality. Many were soft and wasty. The apples were of excellent quality and condition and are selling up to full control prices. The trade considers thecn quite equal to the best Australians. ANTWERP ,WOOL SALES. Antwerp, June 4 At the Ausfraiian wool sales there was moderata bidding and irregular prices. There was a decline of 25 per cent. Eleven thousand bales were offered and 2200 sold.

STRATFORD HIDE SALE. ! < Mr. Newton King reports that his hide sale was held on May 25, 1020, and average catalogues were submitted to a full bench of buyers. Compared to the previous sale light cow advanced %d to lid pur IV; Inferior and damaged hides and calf wero dull of sale; in sympathy with othor markets tallow declined 5s to Ms per cwt. I quote: coiv, light, I'.d to 17V4d; medium, 17>4d to 18y,d; heavy, 20d to 22d; ox, light, lGd to 18%il; medium, 19% d to 22% d; heavy, to 23d; farmers' cow, 14% d to 19% d; cut, 14% d to 15% d; yearlings, heavy, 17%d,t0 23a; light 19d to 2Td; cut, lOd to 22d; slippy, B%d; calfskins, hest, to 3G%d; seconds, to Slid; cut, 24>/ 3 d to 27d; slippy, lOd to 14Mid: horse hides, lGs to 35s each; cut, lis fid to 16s; tallow, ln casks, 50s to 58s; in tin, 34s (id to 4!)s (id; horse hair, 20Vi,d per lb; cow tails, Is fid dozen. INGLEWOOD STOCK CALE, (From Our Own Correspondent.) Mr. Newton King's Inglcwood yards were fairly well filled for his sale on Wednesday. There was a good attendance, and neari.v every line was sold, but tho season is not one for brilliant sales, and prices did not show much revival from tho prevailing fall. Heifer calves sold at from £2 14s to £3 ]2s weaner Jersey heifers £4 17s Cd to £8 for extra good, steer calves went up to £2 2s, heifers (in calf) £lO ss, store cows from £3 10s to £5 ISs, springing heifers £lO 10s, dairy cows £9 to £25, bulls as high as £0 In Cd and bullocks to £ll. All the sheen yarded were sold, lambs fetching from 9s for culls to ISs 8d for good quality, nmpty

owes up to 395, old ewes lu lamb 14a Cd, wethers 27s to 31b. MORRISSEY & CO.'S REPORT. It. P. Morrlssoy and Co. report as follow: On the Ist inst. we held o dispersal sale on account of Mr. L. 11. Prestidge, Hirstlands, Normanby. There was a fairly largo attendance and bidding throughout was brisk, a successful sale resulting. Yearling heifers brought £0 ss, store cows £5 to £tf 15s, 2year bull £B, aged milk cart mare £36, firewood £4 per cord, implement, furniture, aJid farm sundries sold particularly well. A fairly large volume of business is being done privately. Good quality dairy stock aro in strong demand but store cattle are hard to quit and prices have declined considerably. There is a strong enquiry for good heavy horses, the demand exceeds the supply. We have transacted business at the following rale during the month: Good dairy herds £2B to £HO, medium ditto £lB to £24, 2year Jersey cross heifers (in calf) £lB to £2l, good 2%-year heifers (in calf) £l4 10s to £l9, "2-year ditto (good) £l2 10s to £l4, yearling Jersey heifers £f» Iss to £7 10s, choice ditto £lO ss. Shorthorn yearling heifers £4 10s, mixed yearling heifers £3, 2yedr Jersey bulls £l4 14s to £2O 20s, medium woiglit draught horses £4O to £44 10s, light ditto £32 10s to £3O, good milk carters £2B 10s to £34, 3 and 4 horao teams £220 and £275 respectively, weaner sows £4 4s to £6 Gs, 6-unonth sows 7% guineas to 13 guineas. UNRESERVED SALE OF PEDIGREE. FRISIANS. The Farmers" Co-operative Society draws particular attention to the unreserved sale of Mr. W. J. Bell's "Wolwyn" herd of pedigree and grade Friesians. to be held on the Glover Road, half a mile from railway station, on Monday, June 21. These high-class pedigrees aro descendants of that very popular Longbeach strain, which holds some of the he,st butter-fat records In the Dominion. "Welwyn" stock aro in the very best of condition, and havo registered good butter-fat records. Mr. Bell, who has been breeding Friesians for the past ten years, is retiring from dairying. Catalogued can be obtained from the auctioneers.