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Taranaki Daily News, 20 November 1920, Page 3

COMMERCIAL.

LONDON MARKETS. CHEESE MARKET WEAN. DECLINE OP FREIGHT. By Telegraph Press Assn Copyright. Received Nov. 19, 8.30 p.m. London, Nov. 18. The wool sales comprised only free wool, indurlhiK ir.o bales or Australian, which sold «t nlmut late rates. At Bradford there is a more confident feeling. Quotations: 04's, liGd: r,6's, 4Sd; 50's, 375. Wheat is quiet. Flour.—The demand Is slightly better. Oats.—Weak. New Zealand A Gartons 53s cv store; B 51s. Peas. Tending downward. Tasmanlan Blues £24 lo £25 a ton; New Zealand £23 to £24. Tasraanian and New Zealand maples, 130s to 100s per 50411)., all ex store. Deans.— Dull. X,nv Zealand 85s to 90s. Sugar Is unchanged. The cheese market Is weak, and the consumption is restricted Retailers are refusion a considerable part of the Government allotments, and thus the Government's stocks of imported cheese are likely to last till February, and .possibly March. Canadian free cheese is about 158s to 102s. Tkc Food Ministry now permits the eipi."tatlo.i of British cheese. The freight, markets are weak all round, especially American business. The decline Is .argely attributable to (he coal strike, causing an accumulation of tonnage with a congestion and an over-supply in some markets. There appears to be plenty of tonnage available for Australian whet. ,-,t a reduced figure, and lower rates are not improbable.—Aus -N.z. Table Assn. LONDON MARKETS, The N'.Z. Loan and Mercantile Agency Co. Lid., have received the following cablegram lrtim their London house under dale 17llt hist. :-- Tallow; We quote present spnl values for the following descriptions; Fine mutton £3 ; Ids per cwt.; good beef, S3 8s per cnt ; £2 i» 9 cd our ew t. Large supplies I nrtd sm »n dimau^