COMMERCIAL.

Taranaki Daily News, 14 August 1920, Page V

COMMERCIAL.

BRITISH TRADE. By Telegraph.—rresr. Assn —CQr:y'.\pht. London, August 11. The Board of Trade estimates the Invisible exports from January to June at £310,000,000, including inresl merits abroad (£00,000,000) and net shipping aernings (£230,000,000). Deducting £240,000,000 for excess visible imports, the balance in favor of exports is £70,000,000. The estimates for July to December lire: 'lnvisible £290,000,000, of which investments are £60,000,000 and shipping £210,000,000, less excess visible Imports £180,000,000. The total balance for 1920 In favor of exports is £lßo,ooo,ooo.—Aus.-N.Z. Cable Assn. EXCHANGE RATES. Received August 13, 8.30 p m. London, August 12. Foreign 'exchange rates are; Paris, 52.50 francs; Stockholm, 1T.84 tanner; Chrlstlanla, 24.20 kroner; Calcutta, 23d; Montreal, 4.14 dollars; New York, 3.67 dollars. BITftNSIDE MARKET. Dunedin, August 11. Thers were fair supplies In all departments. The decline In sheep prices was due to buyers being ai Christchureh. Fat Cattle; Competition was good throughout the sale, and prices were well up to late rates. Prime bullocks realised to £32, heavy from £24 5s to' £27, medium £l9 7s Gd to £22, light and unfinished sorts £l4 upwards. Prime heifers realised from £l7 10a to £2l, medium £l4 10s to £l6 10s, light and aged from £ll upwards. Store CSttle: A large yarding was offered the quality of which was very Inferior. For this class competition was slack, and a reduction In values took place. For animals offered showing breeding, competition wal good. Sheep: Values were fully 3s 6d a head below last week's rate, although the last sale of the day firmed up on earlier sales. Heavyweight wethers realised from 53s Cd to 60s Bd, medium 43s to 51s Bd, light and unfinished sorts from 333 upwards. Prime ewes Teaiised from 41s to 46s 3d, medium 35s to 40s, light and aged from 28s upwards. Lambs: Competition was good, and prices were about equal to late rates, butchers' limbs selling from 25s to 35s 6d per head. Pigs: A small yarding. Competition was very keen. Best bacomers realised from la Id to Is 2d per lb, and beat porkers from Is 2d to' Is 3d per lb.