COMMERCIAL.

Taranaki Daily News, 3 September 1921, Page 5

COMMERCIAL.

SOUTHERN MARKETS. A HEALTHY TONE. By Telegraph—Press Association. Christchurch, Last Night. Taken all round, the markets show a? healthy tone, and merchants are fairly wettj satisfied at the amount of business beinff done. Milling wheat to-day went up -%d accordlnrf to the price fixed by the Government. Oats have been quitting well during the past few days, but ehaff is quieter than it has beenr lately. Perennial and Italian ryegrass are moving out steadily all the time, but cowgraM is a little quieter, although there is still * demand for it from overseas, Cocksfoot continues to show briskness at the increased prices that it made during the week. While I the reason for the increase is not dear, it is | thought the drought at Home in forcing up the.; i price of Danish seed has caused a rise here •in sympathy. It might also be due to farm--1 ers in the North Island intending to do more sowing than was done last season owing to the financial position. Barley is practically dead. AUCKLAND SHAREMARKET. Auckland, Last Night. Sales on the Stock Exchange to-day Inscribed Stock, 1938 and 1939, £B3 ItaJ Soldiers' Inscribed Stock, £9l ss; Bank ofl New Zealand, 49s 3d; Union Bunk, £l2 Ils? New Zealand Insurance, 29a; South Brlttawi l Insurance, 35s 8d and 35s 9d; Steam, 13s 9d; Wilson’s Cement. 15s 3d>; Grand Junction, 8s 6d and 8s 3d. BANK OF AUSTRALASIA. By Telegraph.—Press Assn —Copyright. Received September 3, 5.5 p.m. London, September L The Bank of Australasia has declared sit* interim dividend of 40s a share and a bonwL of 12s. LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the failowing cablegram from their London houa® J under date August 31■ Tallow.—Wo quote present spot values foe ' the following descriptions: Fino mutton, £2 ; ‘, 10s 6d per cwt.; good beef, £2 9s 6d pee. cwt.; mixed, £2 4s 6d per cwt. Good de* mand generally. New Zealand Butter.—Market slow. Losl quotation. August 18, £l3 2s per cwt. Cheese.—£fj 6s per eat Market weak. Frozen Meat (new season's) .—Mutton s%<|( to 8 l-8d per lb., lamb Is id per lb., boot;! hindquarters per lb., beef, forequarteMF! 3%d per lb. Market dull. LONDON METAL MARKET. Received September 2, 8.45 pun. London, September 1. Copper.—Spot, £67 16s 3d; forward, £6«i 13s 9d. Lead.—£23 10s and £22 17s 6d Spelter.—£23 12s 6d aud £25 10s Tin.—£ls4 123 6d and £156 15s. Silver.—27 %d per ounce. POULTRY MARKET. Prices at Messrs. L. A. Nolan and Co.-* sale yesterday were: Pullets 4s 3d to 6s 3d; hens, 3s 6d to 5s 6d; cockerels, 4s to 6s 3d? ducks, 3s 6d to 4s 3d; ducklings. Is 4d. INGLEWOOD SALE. (From Our Own Correspondent. For the Farmers' Co-op. salo at Inglewood on Wednesday there was a liberal yarding ofl dairy stock, but other lines were not so pro-4 min ent. The fondness for the Jersey breedl was abundantly shown, but buyers are deter-: mined to have condition before they will glvo the prices vendors expect. However, a satis-: factory sale resulted. Heifers in low condition or late culvers made £6 to £B. forward and fresh £lO to £lB ss, springing cows went as high as £24, 12 to 15-month Jersey heifers £B, Holstelns £4 to £5, and steers 18s.