COMMERCIAL.

Taranaki Daily News, 10 January 1921, Page 2

COMMERCIAL.

ENGLISH MARKETS. Telegraph.—Fte»» Assn.—Copyright. Loudon, Jan. 6. Bradford business is still small, but top-makers are less inclined to make concession. Prices l are:—'Sixty-fours, 51d, sixties 44d, fifty-sixes 35d, fifties I 28d Whqat.-*“Tbere is fair business; -Australian parcels afloat 10(is 6d. Flour.—Quiet. Oats—i Slightly easier; La Plata (spot) 39s to 40s. ’‘Barley.—Quiet;, Australian 80s and 935. ’, Barley.—Quiet; Australian 80s and 935. Peas- and beans. —Quiet and edFOREIGN EXCHANGE’ RATES. ’ London, Jan. 6. Foreign exchange rates on London are quoted as 60.78 francs to £1; Stockholm 17.65 kronerChristiania 22.63 kroner; Calcutta, 17 7-8 to rupee; Hong Kong, 37|d to the dollar; Yoko-, hama 32f to yen; Montreal, 4 dollars 30: cents to £1; New York dollars 66 ; cents. EXPORT OF FRUIT. Received Jan. 8, 5 p.m. London, Jan. 7. The Agento-General are waiting as a deputation on Mr. C. A. McCurdy (Food Controller) asking for increased space for fruit next season. CANTERBURY MARKETS. Christchurch, Jan. 7. There has been a little inquiry for B grade Garton oats, probably to fill forward orders. It has had no influence on values, although the fact that sales have taken place at 3s 3d f.o.b. South Island indicates that values at country stations are from 2s 3d to 2s sd. The margin from on trucks to ship-board is a shade less, or will be on account of the cheaper sack and the smaller figure involved. There is at present a shortage of corn sacks, merchants being very bare of supplies. An ordinary shipment left Calcutta on December 15, and should arrive here about ths» end of this month. The stocks of saqks held locally are not sufficient, for early crops, but as there is little thrashing before the end of the month, the impending shipment should be about up to time. Several samples of the new season’s grass seed have been shown merchants, but as there is no indication of probable values very little business, if any, has been done. Variable weather has suggested probabilities of a decreased potato yield, and although there is nothing of a tangible nature to go upon in stating values, it is understood that business has been done on a basis of £5 15s per ton f.o.b. South Island. Though this is much below last season’s opening rates,. and considerably below the cost of producing a crop of average yield, it is somewhat better than conditions recently suggested would be the ruling rate. As the digging of the main crop is some time off, climatic conditions may cause a big variation of this figure. Whatever the crop is, it is almost certain that any excess will not be exportable, and the price will be influenced solely by the Dominion’s consumptive capacity. AUCKLAND MARKETS. The New Zealand Loan and Mercantile Agency Company, Ltd., report:— At Papakura sale on Tuesday there was an average yarding, and we report a good clearance. No grown steers were yarded. Three-year steers made £9 to £lO 15s; 2 to 2|-year steers, £6 to £8 15s; yearling to 18-months steers, £3 10s to £5 17s 6d; calves, £1 5s to £2 10s; yearling heifers, £3 5s to £4 15s; 18-months to 2-year heifers £5 to £7 17s 6d; empty cows, £4 10s to £6; beef cows, £7 to £ll 15s; bulls, £5 to £ll. Dairy cows and heifers in average numbers sold well. Best £l6 to £25; others £lO 10s to £l5 15s; aged cows and inferior heifers, £5 to £9 15s. At Westfield fat stock market on Wednesday, beef was penned in extra large numbers. There was a strong demand throughout, with prices nearly equal to last report. We quote:—Choice oxen to £2 15s per 1001 b; prime oxen, £2 9s to £2 14s per 1001 b; rough and inferior, £2 to £2 8s per 1001 b; heifer beef, £2 3s to £2 8s per 1001 b; cow, £1 18s, to £2 5s per 1001 b. No extra heavy weight steers were penned. Best made £l7 10s to £2O 10s, others £l3 10$ to £l7 ss, smaller £8 10s to £l3 7s 6d; cows and heifers, sold at from, £8 to £l5. Shefep were penned in extra large numbers, and although the majority penned were sold prices were easier, especially for ewes. Heavy prime wethers, £1 13s to £1 17s 6d; medium prime wethers, £1 10s to £1 12s 9d; light prime wethers, £1 7s 6d to £1 9s 6d; heavy prime ewes £1 6s to £1 9s 6d; medium prime ewes, £1 3s to £1 5s 9d; light prime ewes, £1 Os 6d to £1 2s 9d; small and inferior ewes, 17s 9d to £1 0s 3d. Calves were penned in average numbers, selling at) late quotations. Runners, £5 to £8 10s; heavy vealers, £3 16s to £4 15s; medium vealers, £2 19s to £3 15s; light vealers, £1 18s to £2 18s; smaller, 19s to £1 17s; small and fresh-dropped, 5s to 18s. Lambs were also penned in extra large numbers, and prices were easier, being just beyond freezing prices. Heavy prime, £1 7s to £1 Ils; medium prime* £1 4s to £1 6s 9d; light prime, £1 to £1 3s 9d; small and unfinished, 12s 6d to 19s 6d. Pigs were penned in large numbers, and for these prices were also easier. Choppers, £5 to £7; heavy baconers, £6 10s ss; medium baconers, £6 to £6 10s; light baconers, £5 8s to £§ 19s ; heavy porkers, £4 10s to £5 7s; medium porkers, £3 15s to £4 9s; light porkers, £3 5s to £3 14s; slips, £2 5s to £2 Iss; weaners, £1 2s to £2 2s.