COMMERCIAL.

Taranaki Daily News, 20 July 1920, Page 2

COMMERCIAL.

ENGLISH MARKETS. By Telegraph.—rress Awn.--"ipyttfht London, July 17. Cotton.—The Liverpool quotation for American middling upland (August delivery) is 25.1(1d per lb. Hemp.—Dull; May-July shipment, £53., Jute.—Quiet; August-September £46. Rubber.—Fine hard Pare Is lid; plantat.on (first latex crepe) is 10% d; (smoked ribbed sheet). Is S%d. Copra—July-September £4O (nominal). Linseed Oil —£73 per ton (equal to 5s lOd per gallon). Turpentine.—£9 Is Od per cwt. (equal io 13s B%d per gallon). The London wool sales closed quiet; 90,989 bales were catalogued and about half sold. The withdrawals were entirely of inferior qualities of bojh Merinos and crossbreds, especially the latter, which did not reach the Government reserves. Merinos were 'n large supply, particularly greasy West Australiin, better parcels of which sold well at the June level of prices, especially sorts sultabl? for Continental spinners. Sc.oureds declined 5 per cent., carbonising sorls the same, flee crossbreds met with a wider demand and advanced 10 per cent., mediums were unchanged, scoured lambs declined 5 per cent. At the Antwerp wool sales, La Plata lots offered met no bids. WHEAT PRICES FALL. Chicago, July 17. Wheat—Futures hrajlcc liafjjy, December selling off at 10% cents., and March, 10 cent* below Thursday's prices.

FARMERS' CO-OP. REPORT. The Farmers' Co-operative Organisation Society of New Zealand, Ltd , Teport for' the week ending 17th July, as follows: At Okniawa on Monday we had a snnll yarding which sold at late rates. On Wednesday, at Eltham, owing to the rough »day. there was not a large yarding of store stock, the dairy pens, however, be'ng well filled. Prices were in the vendors' 'avor, and- a satisfactory clearance was effected. Empty ewes brought 23s 7d, forward cows to £ll, others to £-8; good young Jersey cow? 'n ISS: other breeds £2O to £3O; aged to £ls; best dairy heifers to £22; other 3 to £lO.

At Hawera, on Thursday, we had a fair entry of all classes of. stock. There was a coed demand for store stock, which espfcUlly showed a marked upward tendency. Prices:—Empty ewes to 265, fair Rood lambs to 255, mixed sheep 295, best forward cows and heifers £lO to £l2 10s, others,£C to £9, extra good 2-year steers £7 2s, empty heifers £7 to £9 10s, yearling heifers (mixer 1 .) to £5, good colours to £6 7s Cd, dairy cows to £SO, heifers to £ls. At lyaverley, on Friday, there was a pood yarding of sheep and a fair entry of cattle. Competition was keen, and a splendid sale resulted. Hoggets showed a sharp rise. Pr'ces realised were:—2 and 4-looth wethers 35s 3d, best hoggets 27s Cd to £2B 10s, empty ewes to 23s 6d. 2-year steers (good) £7, empty cows to £B, bush fed steers and heifers to £5, weaner heifers £4 Is, dairy cows to £25. CLEARING SALES. On Monday, at Kohl, we conducted a clearing sale of stock and implements on account of Messrs. Power and' O'Meara. Despite the Inclement weather there was a fair attendance of buyers, and a satisfactory sale resulted, as follows:—Best hoggets to 29s 4d, 172 at 24s 6d, 25 do. at 21s, 170 4 and 8tooth ewes 335, 140 .2-tooth ewes at 32s 2d, K4 wethers at 33s 3d, dairy cows up to £25 10s/ Weaner heifers £2, steers £2 7s, 2-yesr steers £5 2s 6d.

Tho same daj, at Mr. Thos. Lyford's, East Road, Stratford, dairy cows sold well, the whole herd averaging £l9 Is. On Tuesday, at the Waverley yards, we held a clearing sale of dairy cows on account of Mr. W. H. Watkins. The cows and heifers were in good condition, and showed plenty of quality. There was a large attendance It buyers, and a splendid sale resulted. Dairy cows made up to £37. The whole herd averaged £24 10s, Jersey heifers up to £3l 10s averaged £2l, Holstein and Shorthorn heifers to £l7 10s. At Jlltham yards on Wednesday, on account of Harrison's Estate, all cows close up sold well. Later sorts \wcre not so eagerly sought after. ' ■ At Luxton Bros,', at Matapu on Thursday, there was a large /attendance of buyers. A record salo resulted. Dairy cows brought up to £4l The herd of over (SO head avenged £2B 10s. In-calf hoifers fetched £lB to P22 10s, weaner Jersey hoifers £l3, waggon £B2, horses £32 Implements fetched full value. On the Bame day, at Mahoe, on Recount rf Mr. Geo, Keightly, wo had a good sale of implements and sundries. On Friday, at Mr. Geo. Moloney's. Wharehuia, the dairy herd averaged £2O 3s. Other stock and implements sold at late rates. LOAN AND MERCANTILE REPORT.

The N.Z. Loan and Mercantile Agency Co., Ltd. (Hawera branch) report for the week ending 17th ujly, as follows: At— At Opunake, on Monday, we had a fair yarding of storo cattle, and on account of Mr. Kelly i«e offered a herd of 25 dairy cowa, which sold. well, according to the conditions; prices realised up to £lB. We quote: Dairy heifers £ls 17s Cd, weaner heifers £4 Ite, sows £O. On Tuesday, at Manaia:—Heifers (In cilf) realised £9 ss, boners £3 10s. At Palmer Road on Friday we had a go'id yarding of young cattle, which met with keen enquiry. There was a good attendance of buyers, and competition was brisk! We quota:—Forward cows £lO, unediuin ditto £0 ss, boners £2 10s. dairy cows (good) £YI, others £l4, Shorthorn (In calf) heifers £8 19s, 2-year empty heifers £0 17s, wean-r heifers £4 to, £5, steers 32s to £2 10s Cd, males £2 2s 6d, fat 2-tooth sheep £2 Cs (id.