COMMERCIAL.

Taranaki Daily News, 4 October 1920, Page 2

COMMERCIAL.

LONDON METAI. MARKETS. pj jCelegraph—rrcss Assn Copyright. London, Sept. 30. Capper—Spot £D4 7 s (id; three months £OS ia da; electrolytic £ll3 and £llO. Lend, £34 10s and £34 7s 6d. Spelter, £4O 15a and £4l 10s. ■fin, ,£268 5s and £274 ss. SMver, 59% d per ounce. ENGLISH PRODUCT MARKETS. London, Sept. 30. The wool sales .were irregular, with heavy withdrawals. Bradford Is stagnant anil quotations ale very irregular; 64'js 78d; 50's, 47.d; ,46's, 29d. Australian wheat is quiet and little allocated. • Flour is in good demand with fair alloca.tion of Australian. The price of Australian flour froim October 18 will be BSs 8d per 280 lbs. Oats axe steadily held; La Plata (landed) Sis Gd to 525. Peas'and beans are firm' and qul^i. ' Sugjir Is unchanged. Anhings' report that the rabbitskins sales closed with eooi competition for good quails ties at ftill July w.te?. Autumns 4seUpe4 10 per cent., and others 20 per cent.; 2650 were offered and 1640 sold, EXCHANGE RATES. IjOHjlon, Sept. 30. Foreign exchange rafes jue: Pariß, 52.27 trmpi; Stockiiblm, 17.55 krpner; Ghristiania, 24.20 kroner; Calcutta, to tte rupee; Yokohama, .34% pen; 3.83 ,do.l!,irs; New Y«j*, ZAI dollars.—Aus.-N.Z. Cable ■tan. aoelaioFwool sales. Adelaide, Oct. 2. The first wool sple pipes 1914 was practically lifeless, although a record was established, one lot of greasy wool selling at 39% d per lb'. ( Uie highest price paid at an auction, in Australia. Twenty thousand bales were ofler.-ij and only a little piore than one quarter wera sold.—Aus.-N.Z. Cable Assn. OFFICIAL PRICE OF GOLD. By Telegraph.—Press Assn —Copyright Wellington, Oct. 2. The Treasury has received advice from London that the'official price of gold on September 29 was £5 17s 9d; shipment to India. LONDON TALLOW MARKET. Messrs. Dalgety and Co. Ltd., report having Received the following cablegram from their iLondon house under date Sept. 29.—Tallow: 1860 casks offered, 945 sold. Prime mutton ■from 79s to 80s, good IBs, mixed good color •4s, mixed no color 60s, gut 625. PURNSIDE STOCK SALE. Dunedin, Sept. 29. At th,e Burnside sales to-day, contrary to expectations, there were fair supplies of fat stock, the number of fat cattle being above tile average. Tte prices realised were jilgh, although fat cattl.e and pigs <were a little easier in tone. Fat Cattle.—A large yarding, numbering ■220 head. Among the number were cattle of very nice quality and good weight. The jule opened with fair competition, and prices IDs a head below last week's rates, especially for light and unfinished sorts. Tqwafds the close, however, prices hardened a little, and finished on a par with last sale. This WHS attributed solely to tire large yarding. Prime bullocks realised frori £24 to £32 2s fid;. medium, £lB 'to £23; light and unfinished sorts, from £ls l&s upwards. Prime heifers realised from £lB to £22 10s; medium, £ls 10s to £l7 10s; light and aged, from £ 11 upwards. ' ' Store Cattle.—A medium yarding, composed mostly of young and backward conditioned sorts. For animals showing size and breeding, competition brisk and prices were' 10s to 15s a head above late rates. Good sorts made up to £l4 10s a head. Sheep—A small yarding, numbering 1080 head, and of medium quality, only a few pens being specially prime. ' Competition waa keen and prices advanced on late rates; for prime sheep 3s, for medium 2s, and for inferior Is a head. Extra prime heavyweight wethers real&ed up to 70s; prime, 50a 84 to 58s fid; medium, ,42s fid to 495; light aiid unfinished sorts from 35s upwards. Prions eyes realised from 43s to 47s «d, medium 31s tc 4,05; light and aged, 26s upwards. Pi£S. —A fair yarding, and although prices were yery l:lgh, they did not quite reach the extreme values which have been obtained at recent sales. On last week's sales, prices

were ln,» r cr by ,7s 6d to 103 $ head* Prime baconers realised from la 2%j8 to la -per lb. I ■ 1 ■■ . ••-