COMMERCIAL.

Taranaki Daily News, 5 August 1920, Page 3

COMMERCIAL.

EXCHANGE RATES. Ky Telegraph.—Frcss Assn.—Copyright. Received August. 4, 10.43 p.m. Loudon, August 3, P. and 0. shares are quoted at buyers £440; sellers £4OO. Foreign exchange rates are: Paris 49.05 francs; Stockholm 17.03 kroner; Chvistlania 23 07 kroner; Calcutta 22Vid; Montreal, 4.10% dollars;" New York 3.G8 dollars. Tallow.—Stock 8439, imports 1740, deliveries 1920.—Au5.-N.Z. Cable A3sn. LONDON METAL MARKET. Received August 4. 5.25 p m. London. August 3. Copper—Spot £92 12s Od; forward £94 17s 6d; electrolytic £lll and £llO. Lead.—Spot £37 15s; forward £3B. Spelter.—Spot £4l 10s; forward £43. . Tin.—Spot £273 os; forward £278 ss. Silver, 57d .per ounce.—Aus.-NZ. Cable Assn. HIDE AND TALLOW SALES. Dalgety and Co., Wellington, report: We held our usual fortnightly sale of hides and tallow on July 30. There was better competition for all sound hides, and mediums and heavies advanced about. Id per lb; other sound description maintained late Tates. Inferior hides, particularly badly slippy, are extremely difficult, of ,salc There was a slightly bettor demand for tallow, and we cleared a few parcel at slightly increased prices. We quote: Ox sound, 701bs and over, ll%d to 17 7-Bd;.. oi sound, fifllbs to Olllbs, 12d to 17y 2 d; ox sound, 531bs to 581bs, 12 3-8 d to 10 3-8 d; ox sound, 451b to 521hs, 10% d to 13y a d; ox sound, 331bs lo 441bs, 0 3-8 d to 11 3-8 d; ox, cut and slippy, all grades. 6d to in r>-8d; cow sound, 45lhs and over, 10 3-Sd to 13 3-8 d; cowi sound, 3Jlbs lo i4lb3, 9%d to 11 7-8 d; cow" cut and sllpnv, all grades, 3d to 10(1; yearling and kin, sound, lllbs to lßlbs, lid to 14 3-8 d: yearling and kip, soufld, 171hs to 321bs, 10V 2 d to 14 5-Sd; yearling and ltip, cut and slippy, all grades, 3d to lOd; calf sound, Ist quality, under 61bs, 12d to 15d; calf sound, Olbs to Slbs, lid to fty»d; calf sound, 91bs to lOlhs, WW to 12d; calf cut and slippy, 2d to lOd; bull stag. 7d to 9d; horse, 5s to 14s Od. Tallow: In casks 32s Cd to 395; In tins, etc., 5s to 345. Horsehair, 14% d. NEWTON KING, LTD., REPORTS.

At Douglas on July 20th a good yarding of both sheep and cattle met with a spirited demand throughout, the market showing a district Improvement, all classes selling at advanced rates. Lambs 18s, wether hoggets 25s !)d; Ms to 27s 4d: cull hoggets, 14s to 17s 9d; 2-tonth f.f.m. ewes, 21s Sd; ewes in lamb, 20s Gd; 2-tooth wethers, 20s 3d, 33s 6d to 345: store cows, £3, £4 10s to £10; Jersey bull, £4 8s to £0 Ills; mixed yearling heifers, £4 (Is, £4 14s to £R 4s fid; yearling Jersev heifers. £0 7s lid; yearling steers, £3, £3 19s lo £4 17s; 20-montbs steers, £3 15s to £H 18s; enuitv heifers, £7 to £7 9s; springing heifers. £l3. £l4. £ls 10s to £l7; dairy eon's. £l3 10s, £l4 to £l7. A herd of 37 dairy cows dispose* of on account of Mr. K L. Klenner averaged £l4 10s. At YVaitottoi on the same day we conducted a clearing sale on account of Mr. W. Corcoran. Favored with, a beautiful day, there was a very big attendance, and we report a very good sale throughout. The stock was In fine condition. Ihe sheep especially looking very well, and sold under spirited competition. Hoggets 275, 4-yea; - ewes fn lamb 38s Od; 2-tooih Ilminey do. £2 Is; 2-tnoth Lincoln do/. 4fis Od; fat sheep, 20s; rams, 20s; yearling steers, £2 15m : yearling heifers. £3 12s Od, £4 10s; vcarling Jersey heifers. £0 ss. £9 10s to £9 Ms; empty hellers, £7 12s fid; springing heifers, £7 iris, £8 .Is, £9 l"s to £l2 10s; Jersey springing heifers. £l7; dairy cow, £9 10s; 1 7-year mare, £35; coll, £1.1; trap horse. £2l; back, £4. Implements and sundries realised good value. At Stratford on 27th July, we report a full yarding of ho':h sheep and ottle, and a very strong demand for both classes. Practically a full clearance was made, cattle especially selling with a very firm tone. Ewes, 20s; 2-

too'.'li wethers. 27s -fld to 345: mixed aged wethers. 28s Gd; st»re cows, £0 os, £0 14s, £7, £7 12s fid;'forward cows, £9, £9 ss. £9 12s 6d; fat cows, £lO IBs to fill; mixed yearling heifers. £3 2s Gd to £*> 3s; yearlliiii Jersey heifer, £6: yearling steers £3 18s; 20-month steers, £5 ss; 2-year steers, £(1 Is; 2y.-vcar do. £8 to £8 16s; empty heifers, £4 12s, £0 10s, £7 8s Od, £B, to £8 19s; bulls. £(1 15s. At Stratford dairy sale on the same day there was a big yarding of both heifers and cows of fair quality throughout. Good quality and early calving cattle sold readily, but backward sorts were in little or no .demand Springing heifers, £.12 ss, £l4 10s to £lO 10s: dairy cows, £l2, £l4; better classes, £lB, £l9, £22, to £23 10s. , At Inglewood on 28th July both sheep and cattle pens wer« fully taxed. Sheep sold well throughout, prices if anything showing an advance on recent quotations. Store cattle, yearlings, and 2 and 3-year steers especially were eagerly sought after, there being a constant market right through. Dairy cattle' also came forward In large numbers, and were of yery good quality, a very brisk sale resulting. 28s 7d to .10s; amply ewes, 27s 9d; in lamb ewes, £2 3s 3d: mixed aged ewes, 2"s, 24s Cd to 355; 4-tool:h wethers. 31s Id to 32s Gd; store cows, £5 12s 6d. £5 10s, £B, £0 lis; forward cows, £7 5s to £9; bulls, £4; mixed yearling steers, £2, £3 ss, £3 10a; 15-18 month steers, £3 14s, £4 15s; 2-year steers, £0 Cs; 3-vear steers. £9 14a; bullocks, £lO ss; dairy heifers. £lO 10s, £ll 10s, £l2. £l3 to £l4; hetetr classes, £ls 10s, £lO 10s, £l7, £lB 10s to £l9; dairy cows, £lO, £13„10s, £l6 to £l7; better classes, £lB, £2O 'to £25.. On the s*me (lay, at Rahotu, we conducted a. clearing salo on account of Mr. W. B. Dawson. A strong attendance of buyers accounted for a very keen and satisfactory sale for everything. His small herd of 25 particularly choice Jersey cows averaged £27 145., The prices for most of the cows ranged from £25 to £2B, whilo a few of the choicest cows sold up to £32 10s and £34; 3 choice 2-ypnr Jersey heifers realised £22 10s, £23 10s'and £2O 10s respectively, while a few yearling Jersey heifers were disposed of at £l2 12s 6d Other quotations: Fat hoggets 28s, aged mare £25, 0-year do. £22, aged gelding £32. The sundries, implements and furniture sold very well. ,i At Rahotu, on 30th July, a full yarding sold satisfactorily. Late rates provailed. Ewes in lamb, 335; store cows, £0 10s, £7 7s 6d, £0 10s, £7, £7 12s «rt; Jersey cows In calf, £9 10s; fat cows, £9 10s, £lO, £lO 10s to £l4; mixed yearling heifers, £2 17s Od, £8 19s, £4 5s to £4 7s; mixed yearling steers, 29s Gd, £2 7s, £2 lis; IS-20-month steers. £5 3s, £5 Gs. to £G; 2%-ycar steers, £8 ss; empty heifers, £« 7s Gd. £0 10s to £0 17s 6d; springing heifers. £l4; dairy cows, £l2 10s, £l4 10s to £ls. At Kaponga on the same day a good yardinx: of all classes sold well up to late quotations. Store cows £0 12s 6d, £fi lfls. £8 Is: heavier sorts, £9 lis to £9 12s Gd; mixed yearling heifers, £4 4s to £6 4s; mixed yearling steers, 33s Gd, £2 17s to £3 10s: yearling Jersey heifers, £l2 17s' Gd; bull (Jersey) £0 2s Od; empty heifers, £7; springing heifers, £l2. .£lB, £2O; dairy! cows, £2O, £23, £2O Ws. ]

N.Z. LOAN AND MERCANTILE MARKET I REPORT. I The New Zealand Loan and Mercantile AgI ency Co., Ltd, Stratford, report as follows; On Friday, 30th July, we held our monthly sale at Tarata, when there was a fair yarding, and practically everything offered was disposed of at full market rates. In-calf heifers sold especially well. Prices realised were: Hoggets, 2Rs; small lot, 21s Cd; 4 and 6-tooth ewes, £ 2 4s 2d, p b.; 20-month steers, £ 5 7s Cd; Jerseys. £3; empty heifers, £7 2s; I.e. heifers, £ls 5s to £l7 2s (Id; backward sorts, £lO 10s; store pigs, £2 0s 6d. PRIVATE SALES. Keen demand for good dairy cows and forward i.e. heifers. The following prices have been obtained for stock sold; Hoggets. £1 6s 3d; mixed age wethers, 31s Od; mixed age ewes in lamb. 21s Cd, 23s and 28s; 2-vear steers, £0; 2'4-yonr steers, £7 10s, £8 10s; store cows, £5; dairy cosws good sorts, £2l to £2.1; i.c; heifers, £l2 10s to £ls 15s.