COMMERCIAL.

Taranaki Daily News, 13 August 1920, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Asstt.—Copyright. Received August 12, 2.15 p.m. London, August 11. Tallow.—l93l caslts offered. There was an excited demand, especially from the Continent, and all were sold. Prices rapidly advanced as the sales progressed, closing at Iss t» 80s above the Inst sales* Mixed showed tlto greatest advance. Fine mutton and beef 80s, medium 755, fair to good mixed 76s to 795. As a result of the Australian Government securing furtlior tonnage for wheat to Europe. The freight on Australian parcels lias been reduced by about 20s a ton. There have been considerable sales of wheat and flour by the Australian Wheat Committee, showing a net return to Australia, exceeding 13s a bushel f.O.b. Load imports during July totalled 12,587 tons. Including 4208 from Australia. Exporls were 3901) tons.—Aus.-N.Z. Cable Assn. LONDON SHAREMARKET. London, August 10. r. and 0. Shares: Buyers £3BO, sellers £420. Banks.—Australasia £B9 sa, New SouthWales £.12, Union £lB (ex dividend), New Zealand £24 7s Bd. New Zealand Loan and Mercantile £53 10s and £lOl. METAL MARKET. London, August 10. Copper.—£93 12s 6d and £95 12s Gd; cleotrolytlo £lll and £ll7. Lead.—£36 10s and £36 IDs. Spelter.—£42 5s and £43 15s. I Tin.—£27o 15s and £3BB ]2s 6d. Silver.—s7%d. AUCKLAND STOCK MARKET. The N.Z. Loan and Mercantile Agency Co. ] Ltd. report:— At Westfleld Store sale, the bidding was a little less spirited .than at recent sales. Best tlairy cows £ls to £l9 15s, good sound cows £l3 10s to £l4 15s, others backward and small heifers £7 7s Gd to £l3 ss, A small entry of store cattle sold readily, empty cows making from £5 2s 6d to £T 18s, cows with calves £8 5s yearling to 15-month heifers £3 16s to ££4 its 6d, calves, best to £3 15s, others £1 13s to £3 2s.

There Was a large entry of dairy cattle at our aiiecinl dairy sale at Papakura. Best cows made from £l7 to £26, good sorts £l4 to £l6 15s, others £ll 10s to £l3 10s, poorer and backward £0 to £ll ss. The yarding of store cattle at Papakura, tvaß on the small side, all sorts finding buyers under good competition. Dairy cows made from £8 5s to £ls 10s, 18-months steers £6 to £7 2s, beef cows £9 10s to £ll ss, steers £l3 is to £ls 10s, fat cows £4 to £8 15s, calves, best £2 2s to £2 18s, othors £1 10s to £2 Is, yearling to 18-month steers £3 10s to £4 17s Od. At Weslfield fat stock market, choice oxen sold up to last week's quotation of £2 19s per 10001b, prime £2 12s to £2 18s, plain and unfinished £1 15s to £2 6s, cow and heifers beef £2 to £2 lis, steers sold from £ll 12s 6fl to £25, cows and heifers from £8 5s to £ls 2s Cd. Calrcs came forward in good numbers. Runners sold from £6 to £l3 10s for a 2-year steer, heavy vcalers £4 15s to £5 17s Od, medium £3 12s to £4 14s, light £2 5s to to £3 lis, lighter fat calves !£s to £2 4s, fresh dropped 6s to 15b. I'lrs sold at slightly increased prices. Light to heavy baconers £6 to £B, heavy porkers £5 10s to £5 19s, medium £4 15s to £5 9s, Light £3 18s to £4 14s, unfinished £1 10s 6d to £1 17;, heavy prime ewes £1 16s to £1 19s, medium £1 13s 3d, to £1 159 9d, light £1 9s 9d to £1 13s, unfinished and Inferior £1 Ss to £1 Ss 6d. A good entry of laifflbs sold under keen competition, extra heavy prime from £1 17s to £2 5s 6d, .heavy prime £1 14s to £1 16s 9d, medium £1 10s to £1 13s 3d lighter £1 7s 6d to £1 9s Sd, small and unfinished £1 2s 63 to £1 7s.