COMMERCIAL.

Taranaki Daily News, 20 September 1920, Page 3

COMMERCIAL.

AUSTRALIA'S WOOL PRODUCTION. By Telegraph—Press Assn.—Copyright. Received Sept. 10, 5.5 p.m. Melbourne, Sept. 19. Senator Guthrie, speaking at Geelong, said tho outlook for merino wool was promising. South was a serious rival of Australia. We still hold the best merinos, but would lose this position if the stud flocks wore broken up indiscriminate}', as had been going on for some time. Already it was difficult to purchase stud merino rams In Victoria. Aus.-N.Z. Cable Assn. ENGLISH MARKETS. London, Sept. Hi. Wheat and dour are quiet; a recent nllocacation or Australian llimr was withdrawn owing to ic being In a damaged condition. Oats are firm; La Plata (landed) 53s Cd. Beans are quiet and unchanged. Peas are quiet; Tasmanian Blues 30s per cwt. v Sugar is unchanged. It is understood that the Australian wool growers by the end of October will have received £13,000,000. The Bradford market is quiet; C 4's are quoted at 90d to 93d; s(i's, 03d; 50's 51d; 4C's, ?,2d. At the Liverpool woo] sales good merinos were unchanged, and faulties and crossbreds were irregular with heavy withdrawals.—Aus.N.Z. Cable Assn. Received Sept. 10, 5.5 p.m. London. Sept. 18. Cotton.—October delivery, 19.1i8d. Jmle.—September-October shipments, £54. Rubber.—Para Is 7%d; Plantation, Is 6?id; smoked, Is 5%d. Copra. September-November shipments, £SO 10s. Linseed Oil, £B2. Turpentine, lies.—Aus.-N.Z. Cable Assn. EXCHANGE RATES. London, Sept. 10. Exchange rates are: Paris, 53.10 francs; Stockholm, 17.20 kroner; Christian!;!, 25.23 kroner; Calcutta. 22% d; Yokohama, ' 34>/ 2 d; Montreal, 3.Bi;i/. dollars; New York, 3.49*4 dollars.-Aus.-N.Z Cable Assn. METAL MARKET. London, Sept. 16. Copper—Spot. £!l!l 12s fid; three months, £Oll 7s 0d; electrolytic. £ll2 and £IIS Lead, £35. Spelter, £39 2s Cd and £4O 10s. Tin, £274 17s Cd and £27!) 12s Cd. Silver, 00<M—Aus.-N.Z. Cable Assn. LONDON SHAREMARKET. Roceived Sept. 10. 5,5 pirn, London, Sept. 17. Wnihi shares.—Buyers, 32s Cd; sellers, 355. Junction shares.—Buyers 9s 7d; sellers 9s !)d. f. and O. shares.—Buyers, £400; sellers, £42o.—Aus.-N.Z. Cable Assn.