COMMERCIAL.

Taranaki Daily News, 2 August 1920, Page 2

COMMERCIAL.

AUSTRALIAN WHEAT PROSPECTS. Received July 31, 8.55 a.m. By I'elegraph. Press Assn—Copyright. Sydney, July 31. Tliere are cheering reports regarding wheat crops from various districts. Since the late rains the outlook is nromisiiic. LONDON MARKETS. ) London. July 29. Owing to decreasing supplies, the retail price of Government butter will be raised by 4d' per lb. In mid-August. Bradford wool quotations are unchanged, j awaiting, the. result of the operative wages dispute. There are Btrong demands for all dried fruit. Australian sultanas afloat are quoted at Uss c.i.f. Sugar.—Unchanged. Wheat.—Quiet; only a small quantity allocate! , Flour.—ln less demand; 05s 9d. Oats.—Quiet. Peaj and Beans.—Steady and unchanged. At (he Antwerp Australian wool sales 11,124 bales v.x-re offered and 4500 Sold. Prices were unchanged, but there Was much more animation than at the last sale. EXCHANGE RATES. London, July 29. Foreign exchange rates are: Paris, 49.05 francs; Stockholm, 17,67 kroner; Christiania, 23.45 kroner; Calcutta, 23>4d; Montreal, 4.26 dollars; New York, 3.75 dollars. MEAT TRUST GROWING. London, July 29. Eastman's cattle and meat firm may be (tbaorbed by the American packers. THE TALLOW MARKET. The N.Z. Loan and Mercantile Agency Co. Ltd.. have received the following cablegram from tneir London house under -date July 28, 1920: Tallow: No sales. Good demand. Market firm with upward tendency. FARMERS' CO-OP. REPORT. The Farmers' Co-op. Society, report for the week ending Mfcrcli 31, as follows: At Okaiawa yards, on Monday, there was a small yarding of store cattle. Fat cows brought to £l2 15s, forwarff ditto £T 15s to £B, lighter £ls to £0 17s 6d, weaner steers £3 Is to £3 Bs, weaner heifers £6 18s On account Mr. Thos Irwin: Dairy cows brought £23 to 25 10s, backward sorts £lO to £ls. At Waverley yards, on Tuesday, we held our annua] heifer fair. We report a good yarding of dairy heifers, some tfflod quality cattle -Vendors were prepared to sell and bidding came well throughout, nearly all the yarding being cleared at the hammer. Jersey cross heifers well up brought to £22, others. Shorthorn and Holstein, £l6 5s to EIS. Backward sorts were not in big demand, but brought fair money. At Elthara yards, on Wednesday, we hid a good yarding of all classes of stock, all were sold at the hammer Store pigs made 365, weaner ditto 255, hoggets 28s 4d to 30s, f.m. ewes. In iamb 28s 6d, best cows £lO 14s to £ls 12s 6d, lighter ditto £6 15s to £7 7a j (!d, empty heifers £lO, steeTS £2 15s to £3 15k, weaner heifers £4 2s 6d to £6, dairy heifers In line, Holstein 2-year £l2, dairy cows £lB 10s to £24 10s. At Hawera yards, on Thursday, sheep and cattle camo forward well. Bidding was spirited, and we report a good sale. Pigs wero In good demand Porkers £4 to £4 lis, sow to farrow £ll 10s, store pigs £2 13s, weaner ditto £1 7s, best hoggets 325, fat i wethers £2 2s 4d, ewes in lamb 3'.is, best l cows £l2 15s to £l2 17s (id, forward dllto £9 ss, lighter sorts £5 5s to £7 15s, 3%year bullocks £ll lis, weaner heifera £5 9s to £7 Is, weaner steers to £3 18s, dairy heifers forward £ls 10s to £lB os, dairy cows to £2B. . At Waverley on Friday, 30th., we had a fair yarding, nearly all selling at the hammer. B.F lambs 26s 6d, ewes in lamh 38s 6d to £2, hoggets 25s 9d to 28s sd, store cows £7 3s, empty Jersey cross heifers £lO, yearlinj heifers £6 19s, ditto steers £4 2s Cd, dairy cows £ls.