COMMERCIAL.

Taranaki Daily News, 30 October 1920, Page 2

COMMERCIAL.

AUSTRALIAN WOOL. By Telegraph.—Press Assn.—Copyright. Melbourne, Oct. 29. Ono hundred and fifty thousand bales of wool will be offered for sale in November throughout the Comomnwealth, 80,000 bales between Sydney and Brisbane and 70,000 in the other States. The Sydney sales will be from November 1 to 6; Adelaide, November 12 and 27; Melbourne, November 15 to 22; Albury, November 30. Owing to the In dustrial troubles, dates have not been fixed for Brisbane and Fremantle.—Ans.-Jf.Z. Cable Astn. AUSTRALIAN MARKETS. Melbourne, Oct. 29. With a view to encouraging the flai industry the Federal Government is guaranteeing growers £6 per ton for the 1921 crop. Hides are irregular, with a decline of 2d all round. Barley.—English, 7s to 7s 3d; Cape, 5s 9d to Cs. Oats.—Algerian, 3s to 3s 3d. Potatoes, £5 to £B. Onions, £lO.

EXCHANGE DIFFICULTIES. By Telegraph.—Press Assn.—Copyright. Received Oct. 29, 1.20 p.m. London, Oct. 28. The exchange difficulties arc affecting shipments to Australia from America similarly to British shipments. Considerable quantities of raw products, like resin, sulphur, and petroleum, are held up.—Aus.-N.Z. Cable Assn. LONDON MARKETS. HIGH COMMISSIONER'S CABLED REPORT. The Department of Apiculture has received the following cablegram, dated October 2! from the High Commissioner for New Zealand, London: — "Meat.—Englisl' trade dull at average prices. Beef Is 3%d, mutton la 9d, lamb 2s pvr lb. Imported meat constitutes 75 per ctnt. of supplies offered in the markets. Argentine ehl.lled beef is In active demand at full price. Hinds Is, fores 8d per lb. Austiallan, best quality ox beef is selling at 10% d for hinds and 7'id for fores. Only New Zealand cow beef offered for sale at 9d and 5',4(1 per lb., hinds and fores respectively. New Zealand mutton and lamb continue in (retire demand at maximum prices. "Butter.—Average price is English £24 7a per cwt. (4s 4%d) per lb) ; Irish, very limited supply at £24 las to £25 10s per cwt (4s 5d to 4s 6%d per lb.), but high price is checking demand.

"Cheese.—Market is quiet for all descriptions. English up to £9 6s per cwt (Is 8d pnr lb); Canadian, white, £7 19s to £8 per ewt. (approx. Is !id per lb), colored up to Si 6s per cwt. (Is s&d per lb.); spot, c.U. quotations are lower, £7 I2s to £7 19s per crvt. (Is 4d to Is 5d per lb.); New Zealand is quoted at £7 15s to £7 16s per cwt. (approrimately Is 4?id per lb.), c.l.f market continues dull, only snail business lias been done. .1 grade Oiitober-Decomber shipment sold at £BS 10s pnr ton. Present quotations for shipments are: July-September and August-October £SO Ifs per ton; September-November and Oct-D,-cember £65 Ids per ton. New Zealand nurket is quiet with few buyers. Pair grade October-December shipment sold at £SB 10s per ton. Sellers' nresaut quotatl rts are: Hlgtpo'nts, spot, £56 1.0s; Oct.D'icember shipment, £55 10s; fair, £35 and P53 10s per ton respectively.

"Honey.—Demand is limited to cheaper sorts. New Zealand quoted ;it nom'nally fI'MS: ItOs rer ewi. (10% d per >n ) "Wool—lll consequence of the co?J str'.ke the Government wool sales at Liverpool on In London on October 25 have been postponed at the request of trade. Bradford Wade Is very quiet; difficulty Ims arisen from lata trouble and buyers are holding back. Ti\«, quotations nominal at last rates quoted (viz., 64's 6s lid, Bfi's 4s lod, 40's Is lid pr*r lb.) Merino tops much cheaper." Not©.'—Price per lb. sbown In brackets is approximate only. ADDINGTON STOCK MARKET. Christchurch, Oct. 27. At the Add'ngton market to-day there was an increase in all sections of stock, notably boeF and store sheep. There was a slight ersins in values throughout to the extent ol about £1 a head for cattle, and 2s 6d for aM but the prlmest mutton. Store Sheep—A largely-increased yarding, ei'iiiurised tpHnclpaJly of hoggets. Halftoed sheep retained their values, but otters were down. Six and eight-tooth wethers tc :<Ts 2d, sound-mouthed ewes and lambs H 25s Id, dUltatjuauthta <wm and lambs

21s 5(1 to 24s 3d, aged and inferior ewes and lambs 15s to 193, good half-bred wether hogsnta 29a 3d to 31s 9d, ordinary halfbred wether hoggets 20s 3d to 28s JOd, good crossbred wether hoggets 24s 6d to 27s 3d, ordinary wether hoggets 21s 6d to 245, j;ood fcalflifed ewe hoggets 31s to 33s id, good owe nuggets 2Cs to 28s 3d, Inferior owe hoggets 2!ia, mixed sex hoggets 25s to 26s 4d, cull hoggets to 17s 3d. Fat Lambs.—l3s were penned. Good well-grown laimbs brought to 37a 3d, and medium sorts from 2Ss to 335. Fat Sheep.—Extra prime wethers 54s to 7fls, wethers 46a to 53s 'Cd, medium wothera 4118 to 455, light and unfinished wethers 33s M to 39s Cd, prime shorn wethers 4)s (Id, medium st«rn. wethers 31s to 3fls 3d, prime ewes 40s to 44a, medium ewss 34s 6d to 3Ss Od, light and unfinished ewes 27s to 33a, shorn eme3 39s 7d, hoggets -26s lid to 365. Pat Cattle.—A big yarding of 885 head - . prime steers £34 15s to £B7, prime steers £27 Ks to £34, medium steers £2l 3s Cd to £2« 15s, light and unfinished steers £ll Jfts to £2O 10s, prime heifers Kl6 15s to £l6, light and unfinished heifers f.t to £l3. prime cows £l6 15s to £l9 12s 60, ordinary cows £l3 10s,to £l6 IDs, light and unfinished cows £9 5s to £l3. Yeaisrs.--A firmer demand. Runners £9 10s, good vealers £T 17s 6d, medium vealers Ri 2s fid. Inferior sorts £2 ss.

Store Cattle.—A big yarding and a good demand for young steers. Three-year steers iilo, two-ypar steers £ll, 18-month to 2year heifers £6 5s to £9, young cows £9, mixed sex yearlings £4 10s to £5. Dairy Cows.—Good .second and tblrd calvers £23, good springing heifers £2O ss. Inferior and aged cows £3 10s to £lO. Fat Pigß.—Choppers £8 to £ll, light baconers £6 15s to £7 10s, heavy baconers £8 to £8 ss, extra heavy baconers £9 to «9 10s (average price per lb. 12% d to 13d), porkers £5 to £5 10s, heavy porkers £5 las to £6 5s (average price per lb. Is 3d to Is 4d). Store Pigs.—A good entry, and demand. Large stores £5 lis to £6 10s, medium £4 to £5 10s, small stores £3 to £3 18s. wean«rs £2 6s to £3 2s, sows In pig £l2! LONDON MARKETS. The N.Z. Loan and Mercantile Agency Co. Ltd. have received the following cablegram from their London house under date October 27, 1920: Tallow: We quote present spot values for the following descriptions: Fine mutton, £3 15s per cwt.; good beef, £3 12s per cwt; mixed, £3 0s 6d per cwt. Small demand.