COMMERCIAL.

Taranaki Daily News, 11 March 1921, Page 2

COMMERCIAL.

DAIRY PRODUCE, ETC. RETAIL PRICES, NEW PLYMOUTH. s. d. Butter Creamery (pats) 2 3 Registered dairy 2 0 Separator 1 H Eggs 2 6 Lard 1 8 Hams - 1 Sides Bacon - 1 Rashers Bacon 1 7 Rashers Ham 1 8 Milk (Quart) 8 FRUIT. Apples (dessert) Cd Lemons 4 for Is. Bananas Pears bd Oranges—-Californian Sunklst 4s doz. BUYING PRICES. Butter— Registered dairy 1 9 Creamery (pats) 2 1 Eggs 2 4 Fungus 4 Flour—2001b sacks 38 5 1001 b bag 20 '9 501 b bag 10 9 251 b bag 5 10 GOLD MINE IN LIQUIDATION. By Telegraph.—Press Association. Auckland, March 10. At the annual meeting of the Talisman Gold Mining Company, it wak resolved to go into liquidation. It was stated that the mine prospects and. other conditions did not justify the continuance of operations. At the Talisman meeting Mr. Blanchard, chairman of directors, said their London investments when made, were no doubt considered as gilt-edged, but had since depreciated and were still liable to do so. The directors were compelled to take up £6500 of New Zealand war loan, upon which 15 per cent, dis l count would have to be accepted for realisation. The balance of the money was invested on sh#re call. The working of the mine last year resulted in a loss of £23,784, owing to the fact that tie company had apparently reached the end of the payable ore. The attitude of labor and the high rates of wages did not encourage the taking up of other property. They were compelled to instal water feed drills, which meant a cost loss of £3060, and when they applied to the Government for compensation* ttey were laughed at.

TALLOW SALES SUSPENDED. London, March 9. The tallow sales are suspended until further notice. Prices are nominally unchanged, but tending downward.

CANTERBURY GRAIN AND PRODUCE. > STAGNANT MARKET.' Christchurch, March 8. There is no movement in local grain and -produce lines, and merchants have to go back a good many years (o find a parallel to the present stagnation. Reports in regard to the potato crop indicate that there has been a great improvement in appearance during the past fortnight, and good yields will be numerous. The blight, which appeared to be developing in some localities, will be stayed by thp cold spell. Offers of potatoes have come to merchants, but little business has been done. LONDON MARKETS. HIGH COMMISSIONER’S CABLED REPORT. The Department, of Agriculture has received the following cablegram, dated March 5, from the High Commissioner for New Zealand, London Meat.—Home-killed in small suppHy, but prices are easier in view of large supply of imported. Quotations are: Beef Is mutton Is Bd, lamb 2s per lb. Beef, Argentine chilled, ox, hinds 11 %d to Is per lb, fores 7%d to 8d per lb., Argentine frozen, ox, hinds lid to ll%d per lb., fores 7d to 7%d per lb.. New Zealand, not sold owing to large supply of Argentine. Prices are: Ox, hinds 9d to 10%d per lb., fores G’/i-d to 7d per lb., cow,, hinds 7%d to per lb., fores 5%d to 6%d per lb., but lower prices being accepted for very plain quality. New Zealand wethers realising maximum prije of 9d per lb., but ewes are being sold bj’ stallholders without profit at 7 5-8 d per )b. Imperial Government New Zealand lamb, chiefly fores uncut, selling at Is per lb. Poor demand for cut lamb. New Zealand lamb from United States selling at Is o%d p.i.f. and Is o%d to Is Id per lb. on market, depending on condition and demand. Free New Zealand lamb ex Surrey' in good demand at maximum price of Is Id per lb. Butter.—Price Government unchanged at £l4 18s 8d per cwt. wholesale, and 3s per lb. retail. Irish, supplies irregular owing to difficulty in obtaining license to export; new, unsalted, wortt up to £l9 per cwt. (3s 4%d per lb) ; creamery Irregular at about £l5 per cwt. (2s 8d per lb). Export price of Danish reduced last week to £lO 16s per cwt. (Is lOd per lb.) f.o.b. Danish production steady at 35,000 casks per week. Cheese.—English scarce but slow sales owing to demand for cheaper sorts, quotations £8 8g to £9 2s per cwt. (Is 6d to Is 7%d per lb). Canadian, supply limited and market Is firm at £7 14s to £7 18s per cwt. (Is 4%d to Is 4%d per lb.) white, and £8 to £8 2s per cwt. (approx. Is 5 J 4d per lb.) colored. New Zealand in good request at white, £7 7s to £7 10s per cwt. (Is 3%d to Is 4d per lb) ; colored, £7 18s to £8 per cwt. (approximately Is 5d per lb) ; latter scarce.

Casein.—Latest information is that market is weak and prices are falling. Quotations nominal. Rennet, French £93 10s, New Zealand £ll2, Australian £B5 per ton. Hemp/—Manila market continues dull and closed weak. Although J grade nominally quoted £3B 10s per ton for shipment, sales made yesterday January-March shipment £37 per ton. Spot not quoted because price depends upon quality. Output January 1 to February 28, 126,000 bales against 207,000 bales same period last year. New Zealand market Inactive. There would probably be buyers of highp'olnts afloat at £42 to £43 per ton. Fair neglected with sellers of spot at £4O per ton, but no interest shown. Wool sales cloke to-day. Market for crossbreeds very irregular and competition for coarser qualities and particularly for slipes and scoured unsatisfactory. Average closing values were: 60s to 64s (merino) 15d to 17d; 56's (super halfbred) 14d to 16d; 50’s (halfbred) lOd to 12d; 48's (line crossbred) 9d to lOd; 44’s to 46's (medium crossbred) 7%d to' 3o’s to 40’s (coarse crossbred) Gd to 7%d per lb. Honey.—Market very depressed. Finest quality quoted at 80s per cwt. (B%d per lb.), but only demand at this price is for absolutely white sorts. Inferior neglected, quoted at 45s per cwt. (4%d per lb),"