COMMERCIAL.

Taranaki Daily News, 22 August 1921, Page 4

COMMERCIAL.

THE WOOL MARKET. THE LONDON SALES % By Telegraph.—Press Assn.—Copyright Received August 21, 5.5 p.m. London. August 19. The arrangement regarding the pro portion of the B.A.W.R.A. and fra wool at the London sales lasts till th end of the year. The B.A.W.R.A. ii permitted to make up the proportion ol two to one by outside sales at Ant werp, Hull and Liverpool. Offerings al the London series, commencing on August 30, consist of 8000 Australian and .‘k).000 New Zealand free wool; 53,000 Australian and 7000 New Zealand from the B.A.W.R.A.’s, and 17,000 Napes Puntas. The October sales comprise 50,000 free and 60,000 B.A.W.R.A.’s; December 54,000 -free and 60,000 B.A.W.R.A.’s. London and Yorkshire wool circles are strongly opposed to any extension of the B.A.W.R.A. operations or regulations governing exports. THE MEAT MARKET. LATEST LONDON PRICES Received August 21, 5.5 p.m. London, August 19. Meat market quotations are:— New Zealand ewes 5Jd; lambs, Canterbury light, 13 5-Bd, medium 14Jd, second quality 13 3-Bd, Southland 13$d, North Island 13|d; South American, light Is, heavy 10£d. Beef.—New season’s New Zealand fores 4d; Australian crops 3Jd, hinds fid. Frozen mutton: Argentine force 4sd;. Uruguay fores 3%d. hinds 6jd. Chilled: Argentine fores fid, hinds Is. LONDON MARKETS. Received August 21, 5.5 p.m. London, August 19 Cotton.—September delivery 8.65 d. Copra.—The market has relapsed, owing to further speculation, realisations and the absence of a demand from the crushers in the South Sea. August-Oc-tober delivery fell to £3l, but hardened again to £33 ss. Hemp.—Dull. August-October delivery, £3B. Jute.—Firm. Old crop, August-Sep-tember delivery, £27 12s fid. Rubber—Para 12Jd, plantation BJd, smoked B|d. Linseed Oil.— £37. Turpentine.—64s.