COMMERCIAL.

Taranaki Daily News, 13 July 1920, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph —Press Assn Copyright. London, July 10. Six months' interest on the Victorian conversion loan is payable on April I, converting and receiving on October 1. Three months' interest on the existing 4 per cent, loan Is due on that date. Same surprise is expressed at the terms, In view ot the superior returns on Imperial Colonial short-dated bonds, but It is pointed out that Victoria has only borrowed three ttalcs In seventeen years, and has actually reduced her Indebtedness to Britain since 1001 by £1,0011,000. Cotton.—The Llverpol quotation for American middling upland (August delivery) Is 23.33 pence per pound. Rubber.—Fine hard para Is lid, plantation (flrpt latex crepe) Is ll%d, smoked ribbed sheets Is 10% d. Hemp.—Dull; May-July shipment, £54. Jute—Quiet; August-September shipment, £51.105. Copra.—quiet; Jitly-Septe/Ml/sr shipment, £4B (nominal). Linseed Oil, £73 per ton (equal to 7s lOd per gallon). Turpentine, 165s per cwt. (equal to 12s 5%d per gallon), FARMERS' CO-OP. REPORT. The Farmers' Co-operative Oranglsatlon Society of New Zealand, Ltd., report as follows: At Opunake yards on Monday sth, there was a fair yardirg of cattle, which sold well at the hammer. Quotations'. Lambs £1 4s, forward cows £8 to £8 10s, store cows £5 to £7, boners at late rates, in-calf heifers (small) £8 19s, weaner steers 30s to 325, weaner hulfc ers £4 6s, dairy heifers £l9 15s to £l7 10a. At Manaia, on Tuesday, everything was sold at the hammer. We quote store pigs £1 to SI 17s, best cows £9 10s, forward cows £7 ss, £B, store cows £4 15s, £5 15s, boners £2 15s, £3 10s, weaner heifers £4, Jersey do £7, weaner steers £2 6s, 3% -year well-conditioned bullocks £l3, dairy cows £lO 15s, £l4 10a. At Stratford, on Tuesday sth, we report a good yarding of sheep and dairy cattle. We quote: Best lambs 24s lOd, others 225, mixed 2-tooths 31s 3d, dairy cows £lB to £24, best heifers £l4 to £l6, later sorts £8 to £lO, store and forward cons showed slight Improvement on late rates. Yearling heifers £3 15s to £4 10s, steers £2 10s, £2 16s. At Inglewood, on Wednesday, there wan a full yarding of sheep although the store cattle did not come forward In their usual numbers. Buyers were In attendance, particularly for sheep, which were all sold at the hamme», Wc quote. Woolly hoggeta 26s 9d, lambs 245, cull do 168 Bd, ewes in lamb 28s 6d, cull do 16s, empty f.m. ewes 2Gs 6d. forward cows £7 10s to £8 10s, store do £5 to £6, 2-year empty heifers £6 IDs, weaner heifers £4 to £4 10s, steers £2 to £2 16s, dairy cows to £22, dairy heifers (showing well) £l2 10s to £l9, later sorts to £lO.

At Auroa, on Friday 9th, a good yarding met wijh good demand and all was sold at the hammer, Quotations: Small store pigs 28s, medium lambs £l, bulls £4 12s 6d to £0 15s, best cows to £lO, forward do £7 to £8 17s 6d, light store cows £5 2s Od to £6 3s, old cows and boners £2 12s fld to £3 15s, weaner Holsteln steers £1 18s, weaner heifers £4 to £5 3s, dairy cows £l2 10s, dairy heifers (Bhowing well) £l6, later sorts £8 15s to ElO ss, gelding half draught £l9, do (5 yens)