COMMERCIAL.

Taranaki Daily News, 26 July 1920, Page 2

COMMERCIAL.

EXCHANGE RATES. London, July 22. Exchange rates: Paris 48.50 francs, Stockholm 17.61 kroner, Chrlstlania 23.30 kroner, Calcutta 22% d, Montreal 434 cents, New York 382 cents. .ENGLISH MARKETS. oLndon, July 22. Copper.—Spot £9l 2s Gd, three months £9.1 7s Bd, electrllytic £lO7 and £ll2. Lead, £35 5s to £B6. Spelter, £4l 10s and £43 ss. Tin, £203 15s and £26S 10s. Silver, 55% d. Wheat.—The market is quet. Sales of Australian cargoes on passage were made at 968 but there is nothing doing in spot lots. There is fair trade in flour and a better inquiry foi Australian brands at 65s 6d. Oats, firm. Peas and Beans —Quiet; prices unchanged. Wool—At Bradford Ihe tops market displays a rather belter tone, and there is some Inquiry for medium erossbreds, but business is small; 64's quality 90d; 56's, 69d; 50"fl 52d; 4C's, 3r>d. Sugar,—Unchanged. INTEREST ON DEPOSITS. Melbourne, July "4. The associated banks of Victoria have increased interests by per cent, on fixed deposits.—Aus.-N.Z. Cablo Assn. THE TALLOW MARKET. The N.Z. Loan and Mercantile have received the following cablegram iroun their London house under date July 21, 1920;-Tallow, fine mutton £3 5s per cwt; good beef, £2 mixed £2 13s 6d, Small demand. Downward tendency. BURNSIDE STOCK MARKET. Dunedin, July 21. There were fair supplies of fat stock offered at Burnside to-day. A keen demand e«xisted for all classes /it prices on a par with the high rates lately ruling. Pigs were again In short supply and realised extreme prices.; Pat Cattle: A moderate yarding Of medium quality. A total of 185 head was offered for sale. The demand was good at prices on a par with last week's rates, which were equal to 57a 6d to 66s per 1001b. Prime bullocks realised £22, £2B 15s, £'2B 17s fid and £32 a head, medium £lB to £2l, light and unfinished sorts from £ls upwards. Prime heifers made froun £ls 15s to £2O, medium £l3 10s to £ls, light and aged from £lO 10s upwards. Store cattle: There was an- Improvement in the supply, and, also In the quality of the store cattle penned for to-day's sale. There was a good demand for cattle showing condition. Late values were more than maintained. Sheep: A medium yarding, totalling 2104 head. The quality of the whole was fairly good. The demand was good. At the opening of the sale prices were a shade weaker, but as the sale progressed values firmed up to the level of those which ruled at last week's Bale. Specially selected extra prime heavyweight .wethers realised up to 90s Gd, extra prime heavy-weight wethers from 57s 9d to 80s 3d, prime 50s 6d to 55s 3d, medium 42s to 48s fld, light and unfinished- kinds from 36s upwards. Specially selected extra heavy-weight ewes made up to 66s 6d, extra prime heavyweight ewes 54s 3d to 61a 6d, prime 44s to 52s Cd, medium 35s to 42s 6d, light and aged from 28s upwards. Lambs: A small yarding of fair quality, numbering 290 head The demand was good, and for well-finished lambs values were not quite saliigh, but unfinished sorts/suitable for graziers sold at prices equal to those which ruled at last week's sale. Freezing buyers were not operating on account of the closing down of the works. Prices ranged from 27s to 35s a head.

Pigs: A small yarding was ottered, for which a very keen demand existed at prices a little higher than last week's extreme high rates. Best baconers realised ll%d to Is l%d per lb, and test porters 13 o%d to Is iy 2 d per

AUCKLAND STOCK MARKET. WEEKLY REPORT. The N.Z. Loan and Mercantile Agency Co., Ltd., report: At Westfleld last Thursday dairy cows and heifers sold under steady competition at lat» quotations. Dairy cows and heifers, best, £ls to £2l 10s, others £lO 10s to £l4 15s, iged cows and inferior heifers £0 to £9 15s, bulls £5 to £lO 10s, yearling to 18-month heifers £3 5s to £4 17s 6d. On Saturday, at Waiuku, nine grade Jersey heifers, sold on account of Mr. C B. Herrold, Waiuku, averaged £2O 12s Gd. ' Dairy cows and heifers, best. £l6 to £24, others £lO to £ls 15s; bulls, £5 to £10; empty cows and heifers, £4 ]os to £7 15s; yearling to 18-month steers, £3 15s to £6 ss; yearling to 18-month heifers, £3 10s to £5 10s; calves best £2 10s to £3 10s, others £1 7s upwards. Pigs in large numbers sold at high values. Sows in young £5 5s to £lO 10s; porkers £3 5s to £4 ss; slips £2 to £3 4s; weaners £1 3s to £1 19s,

At Westfleld fat stock market on Wednesday beef was penned lh more than average numbers, and sold under keen competition at improved prices. Choice oxen sold to £2 19s per lOOlli. prime £2 14s to £2 ISs, rough and inferior £2 5s to £2 lis; cow and heifer bceF sold at £2 7s to £2 15s per 1001b.; steers sold at from for host £l9 15s to £27 10s. £l2 10s to £l9 19s; cows and heifers sold at from £9 to £IG ss. Sheep were penned in average numbers, and sold under steady competition at late quotations. Wethers, extra heavy prime £2 6s to £2 9s 9d, heavy primo £2 2s 9d to £2 5s 9d, medium prims £1 19s 9d to £2 2s Gd, light priim eand unfinished £1 16s Gd to £1 19s 3d; no extra heavy ewes were penned; heavy prime ewes £1 13s Gd to £1 17s Gd, medium prime £1 10s to £1 13s. light prime and unfinished £1 7s to £1 9s 9d. Calves wore penned in average numbers, last week's rise in values being' maintained. Runners sold from £6 to £l3 15s for an extra-quality two-year heifer; vealers heavy £4 15s to £5 18s, medium £3 10s to £4 14s, light £2 to £3 9s. lighter fat calves 18s to £1 15s, fresh-dropped 4b to 9s. A very small yarding of pigs realised high prices. N'o heavy baconers ot choppers yarded. Heavy porkers and light baconers £5 10s to £0 15s, medium porkers £4 ISs to £5 9s, light £3 15s to £4 17s. A small entry of lamlis sold at late values. Heavy prime lambs £1 14s to £1 17s Cd, medium £1 lis to £1 Ills 9il light prime £1 8s to £1 10s 9d.