COMMERCIAL.

Taranaki Daily News, 10 September 1921, Page 5

COMMERCIAL.

CHRISTCHURCH PRODUCE MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. The grain and produce market (maintains its activity, and Quite an amount of business has been done during the week. Oats; are firm, but without any appreciable change in values, A grade Gartons being worth up to 2s lid at nearby country stations.

Grass seeds remain firm, with steady business doing. White clover is worth Is 2d to Is 4d, and cowgrass 2s 2%d at country stations. Italian and perennial ryegrass are also in request. Cocksfoot, for good standard machine-dressed, is worth lid, and a sale to Australia is reported to have occurred at 11 %d. To farmers, good cocksfoot is worth Bd. • Potatoes recovered during the week from their somnolent condition, due to a reported shortening of supplies in Auckland, and the Impending departure of a couple of boats with freight available. Present quotations are 32s Gd to 35s per ton.

Partridge peas have been bought at Bs, there being an. enquiry from Home. Barley has also been enquired for, but nothing is doing at present at the nominal quotation of 3s Gd. Another shilling would be required to unloose the quantities held In growers* hands. The enquiry Is for export. FOREIGN EXCHANGES. By Telegraph—Press Assn.-Copyright London, September 8. Foreign exchange rates are as follow Paris, 48.68 francs to the £ ; Stockholm, 17.25 kroner; Christiania, 28.33 kroner; Copenhagen, 21.07 kroner; Berlin, 365 marks; Calcutta, 16 5-8 d to the rupee; Yokohama, 31 l-8d to the yen; Hongkong, 32%d to the dollar; Montreal, 415 cents to the £; New York, 374 cents. LONDON MARKETS. The Now Zealand Loan and MeroantHe Agency have received the following cablegram from their London house under date 7th instant : Tallow.—We quote present spot values for the following descriptions; Fine mutton £2 18s 6d per cwt., good beef £2 18s per cwt., ■mixed £2 Ils per cwt. Market strong. Frozen Mutton.—s 3-8 d to 8d per lb. Frozen Lamb.—ls o%d per lb. • Frozen Beef.—Hindquarters 5%d per lb., forequarters 3%d per lb. Market weak. New Zealand Butter.— £l2 per cwt. Small demand. Cheese.—£s 12s to £5 15s per cwt. Market dull with downward tendency. METAL MARKETS. Received September 10, 1.5 a.m. London, Sept. 8. Copper.—Spot £G7 6s 3d; forward, £6B 7s 6d. Lead—Spot, £23 2s 6d; forward, £22 12s Gd. Spelter.—Spot, £25 2s 6d; forward, £25 15s. Tin.—Spot, £159 2s Gd; forward, £l6l 12s Gd. Silver. —38%d per oz. —Aus.-N.Z. Cable Assn.