Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

COMMERCIAL.

ENGLISH MARKETS. . By Telegraph.—Press Assn.—Copyright. London, June 21. The Bradford wool market shows a cheerful tone, but there Is not sufficient business passing to teat values. The trade are awaiting the result of the Liverpool auctions. Copper.—Spot £B6 15s, three months £B9 12s 6d. Lead, £32 15s and £34 Is Bd. , Spelter, £4l and £42 15s. Tin, £256 5s and £259 ss. * Silver, 51Hd. SHARES AND EXCHANGE. London, June 21. The .National Mortgage Agency of New Zealand pays an interim dividend of 1% per cent, free of income tax. P. and O. shares are quoted: Buyers £415, sellers £435. Exchange rates are: Paris 49.85 francs, Stockholm 18.13 kroner, Chrlstiania 22.75 kroner, Calcutta 23' M Mbntreal 45! i cents, New York 398% cents. AMERICAN WOOL DOWN. Washington, June 22. Representatives of lsevi\™i wool growers and dealers' associations have asked for Immediate relief for the wool producing industry' from the Federal Reserve Board. They have pointed out that the sudden drop In prices from 65 cents to 20 cents per lb., with few buyers, threatens heavy losses to the producers.— Aus-N.Z. Cable Assn. AUSTRALIAN WOOL NEGOTIATIONS. London, June 22. The Yorkshire Post states that Mr. Hughes has resumed direct negotiations with the British Government as regards wool. The Government has requested certain information, and the position remains unaltered pending his reply.—Aus.-N.Z. Cable Assn. NEW SOUTH WALES LOAN. London, June 22. The final instalment of the New South Wales loan is due on September 3, and six months' interest will be paid on Fobruary 1. The underwriters' commission is one per cent., compared with 253 paid In connection with recent British issues. There is a dispositon in some flnancal circles to attribute tho high price to the fear of legislation similar to that of Queensland, but the general opinion is that It Is no reflection on the credit of New South Wales. It Is pointed out that conditions cabled on May 21 to the effect that a high rate would be demanded have not Improved and the new high level Is likely to set a new standard for other issues in the near future. Later information is to the effect that the loan has been underwritten. ,- ( AUCKLAND STOCK MARKET. Tlie New Zealand Loan and Mercantile Agency Company, Ltd., report:— At Mnuku last Thursday we held Mr. George Dreadon's clearing sale, and report a satisfactory sale. The dairy cows sold' at from £9 to £29 ss. On Friday, at Pukekohe, wo held a special dairy sale, and for all cows and heifers of quality competition was keen, others being dull of sale. We quote:—Best dairy cows £l7 to £29; sound young cows £l2 to £l6 15s. others £7 to £ll 15s; best dairy heifers £ls to £23 10s, others £9 to £l4 15s; Inferior sorts and aged cows, £3 to £0 15s Mr Win. Wright's Punl herd averaged £2l 3s At Alfrlston on Saturday we held Mr D A. Reld's clearing sale, and report a good sale. Dairy cows, £7 to £l6; the farm horses sold at from £lO to £4O; 18-raonrhs to two-year steers, £4; dairy heifers, £5 to £9. On Monday, at Clevedon, we had an average yarding ,of cattle, all being sold with the exception of two cows at late quotations Dairy cows, £8 to £ls 15s; yearling to 18months heifers, £3 5s to £4 15s; yearling to 18-months steers, £3 10s to £4 l*>sempty cows, £4 to £6 10s; aged and Inferior cows, £1 12s upwards; calves, £1 7s to £2 15s. The sheep pens were 'filled to their utmost. Competition was extra keen and we report a sharp rise in quotations' Breeding ewes: F.fm., £1 10s to £1 its 3d ; fm. ewes, £1 5b 9d to £1 Cs 9d; two-tooth •srts, SI lis to SI Us «d; store trcthns,

£1 12s to £1 15s 9d; hoggets, £1 2a to £1 9s; f.'m. empty ewes, £1 3s to £1 93 6d. The yarding of cattle at Warkworth on Friday was on the small side. Competition was much tetter than recent sales, and we report a total clearance with the exception of one beast. Beef cows sold from £9 2s Bd to £lO 5s by the pen, yearling to 18months heifers, £2 10s to £4; yearling to. 18-months steers, £ 3 Is to £ 4 ss; dairy cows and heifers, £5 15s for small helrers, to £l4 10s.

At Westfleld fat stock market on Wednesday, beef was penned In large numbers', and although competition was good far prime quality, quotations are easier. Unfinished cattle were again dull of sale. We quote: Choice oi to £2 lis per 1001b, prime £2 6s So £2 10s per 1001b, rough and inferior £1 18s to £2 5s per 1001b; cow and heifer beef sold at from £1 Ms to £2 7s per 100 lb. Steers sold at from, for best, £l7 to £2l, others £l2 to £l6 15s, small and inferior steera £7 to £ll 15s. Cows and heifers sold at from £0 10s to £l4 ss": Some of the averages were: Five steers from Mr. H. I}, Eeid, Waerengu, £2O Is 9d; 32 steers from Wanganul,- £l9 12s (id; 10 steers ftum Mr. B. A. Bent, Pukoturua, £l7 15s; 10 steers from the Waikato, £l7 10s; 8 small steers from Mr. W. J. Hyde, Clevedon, £ls 15s; 12 small steers from the North, £ls ss; 14 small steers from Otioro Estate, £l4;' 8 small steers from Mr. P. EIII3, Piopio, £l4 lis 3d. Sheep were penned in large numbers, and sold under steady competition at late quotations. No extra heavy prime ewes or wethers were penned. Heavy prime wethera £2 Is 9d to £2 (is 3d, medium do £1 18s to £2 Is 6d, light £1 10s 6d to £1 17s 9d, unfinished and small wethers £1 12s 6d to £1 15s 3d; heavy prime ewes £1 16s 6d to £1 19s 3d, medium do £1 14s to £1 16s 3d, light £1 10s to £1 13s 9d, unfinished ewes £1 6s to £1 9s 9d, inferior owes 12s 6d upwards. Lambs were penned in ifss than average numbers, and sold at impwved prices: Heavy prime lambs £1 10s to £1 17s 3d, medium £1 6s 9d to £1 9s 9d, light £1 4s 3d to £1 6s 6d, unfinished laimbs 15s upwards. Calves were penned short of requirements, and Improved 15s to £1 10, i per head. No runners penned. Heavy choice vealers £4 10s to £6 6s, medium £3 to £4 9s, light vealers £1 10s to £2 19s, lighter fat calves £1 to £1 9s, freshdropped lis to 19s. An average yarding of pigs sold at late values. Choppers, £4 to £6 ss; medium baeoners, £5 to £5 15s; heavy porkers and light baeoners, £4 5s to £4 19s, medium porkers £3 15a to £4 4s light £2 10s to £3 14s, unfinished £1 5s to £2 ss.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19200624.2.4

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, 24 June 1920, Page 2

Word count
Tapeke kupu
1,147

COMMERCIAL. Taranaki Daily News, 24 June 1920, Page 2

COMMERCIAL. Taranaki Daily News, 24 June 1920, Page 2

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert