COMMERCIAL.

Taranaki Daily News, 17 October 1921, Page 5

COMMERCIAL.

THE WOOL MARKEt By Telegraph.—Press Assn.—Copyrigtt Received Oct. 16, 5.5 p.m. London, Oct. 15. At a meeting at Bradford, representative of every department of the wool trade, it was decided to ask the B.A.W.R.A. to offet more merino at auctions. Combing wools particularly were needed, and the offerings at the present sales were totally inadequate to meei the demand. WELLINGTON WOOL SALE. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following telegram from their Wellington office ir. connection with the wool sale held in Wellirgton on Friday, October 14 :—Total bales wool offered 7100, sold 6900. The wool sale passed off well at an increase of %d to above August 19. Medium half-bred 7%d to fine medium crossbred 3%d to F.%d, coarse 3%d to 5%d, hoggets 4d to 7d, 6d to B’Ad. LONDON MARKETS. LATEST MEAT PRICES. Received Oct. 16, 5.5 p.m. London, Oct. 15. Sheep—Canterbury light jnediibn e l-Bd, heavy 5 1-Sd, New Ze.-land ewes 1 5-Bd, South American light 5%d, heavy sd, ewes 4%d, Patagonian light s Vid, ewes 4'Ad. Lambs.—Canterbury light 9d, medium BVid, heavy BV4d, second quality Slid. Southfand SVid, North Island selected B%d, ordinary B%d, South American light 7 Vid, heavy Gd. Beef.—New Zealand frozen fores 4 Vid, hinds 6%d, Australian, new crops Id. hinds s Vid, Argentine fores 4 5-Bd, hinds 7%d, Uruguayan fores 3%d, hinds sVid, Argeinuie chilled fores 4%d, hinds G%d, others unchanged. Cotton.—Liverpool quotation for American middling upland, November delivery, 12.514 per lb. Rubber. —Fine hard para 13%d per pound, plantation, first, latex crepe 9 5-Bd, smoked ribbed sheet 9 5-Bd. New Zealand Hemp.—Market dull. Sep*-tember-November stlpmont, £39 per ton. Jute, —New crop, first grade, October-Nol- - shipment, £34 per ton. Copra.—Market dull. South Sea bagged l , September-November shipment, £27 5s per Linseed Oil.— £3O per ton. equal to 2s 4%d per gallon. Turpentine.—66s per cwt., equal to 4s 11 per gallon. —Aus.-N.Z. Cable Assn. AUCKLAND TRAMWAYS. Received Oct. 16, 5 5 p.m. London, Oct. 15. The Auckland electric tramways divisible profit for the year amounts to £41,116, The dividend is 5V4 per cent., tax free. A sum of £8491 was carried forward.—Aus.-N.Z. Cable Assn.