COMMERCIAL.

Taranaki Daily News, 6 August 1921, Page 7

COMMERCIAL.

LONDON MARKETS. Bjr Telegraph.—Press Assn —Copyright. Received August 4. 5.5 p.m. London, August 4. Wheat.—Slow and unchanged. Flour.—Quiet and firm. Oats.—Hardening; New Zealand ex quay, 48s and 50s. Beans.—Scarce and firm. Peas.—Much dearer; Tasmanian blues ex store, 5205. The Bradford wool market is quiet and Irregular. Sugar—Granulated 60s 3d. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house under date 3rd instant:— ><ew Zealand Butter.—-No change in market. (Last quotation July 20, £l2 17s per cwt.)

Cheese.— £6 16s per cwt. Market stronger. Tallow.— Market active. Last quotation, July 20, fine mutton £2 Is per cwt., good beef £2 per cwt., mixed £1 14s per cwt. Frozen Mutton.—sd to B%d per lb. • Frozen Lamb.—ls l%d per lb. Frozen Beef.—Hindquarters 5%d per lb., forequarters 3%d per lb. Market slow. LONDON METAL MARKET. Received August 5, 10.5 p m. London, August 4. Copper.—Spot £7O 3s 9d, forward £7O 11s 3d. Lead.—£23 15s and £23 7s 6d. Spelter.— £25 5s and £26. Tin.—£lsB to £206, and £l6O to £206. Silver.—3B 5-8 d per ounce. MELBOURNE HIDE SALES, Received August 5, 5.5 p.m. Melbourne, August 5. At the hides sale a large catalogue was offered, and the market was firm. Values advanced a farthing to a halfpenny all round. AUSTRALIAN MARKETS. Received August 5,- 5.5 p.m. Melbourne, August 5. Barley.—English 4s Sd and 4s 9d, Capo 3s 9d and 3s 10d. Oats.—2s I'd. Potatoes,—£3- 15s and £5 as. Onions.—£3 10s and £4. AUCKLAND SHAREMARKET. Auckland. Last Night. Sales on the Stock Exchange to-day were: War Loan, 2 330, £B7 10s; Inscribed Stock, 1027, Olsj Commercial Bank, 26s 6d; Bank of New Zealand, 48s 6d; New Zealand Insurance, 30s 6d; South British Insurance, 365; Loan and Mercantile, £80; Auckland Gas, 225, contributing 22s fld; Waihi. 20s 9d. The Waihi return of capital operates on ! August 18 provided certain formalities are i compiled with.

INGLEWOOD SALE. (From Our Own Correspondent. The salo on Wednesday at the Farmers’ Co-op. yards was, considering tee weather, a very fairly satisfactory one. As is natural at this time of the year, interest cen.red chiefly on dairy stock, for which there was good competition, though the opinion was generally expressed that condition was wanting. No stronger recommendation can be offerrd at this time of year, with springing cattle, heifers or cows, than the contented look of a well conditioned beast, but the local habit of over-estimating the food supply and under-calculating tie food capacity of land and stock still prevails. Money is the only argument likely to effect a change. Let farmers study quotations and possibly they wdl be convinced. At Wednesday’s sale empty heifers made from £5 to £6 8s; fresh, sound, but empty Jersey cows £5 7s: springing heifers £7 to £l4; and rows up to £lB, from as low us £5 for animals in ix>or condition.