COMMERCIAL

Taranaki Daily News, 19 December 1921, Page 2

COMMERCIAL

LONDON MARKETS. By Telegraph.—Press Assn. —Copyright. Received Dec. 18, 5.5 p.m. London, Dec. 17. Cotton.—Liverpool quotation, American middling upland, 10.67 d per pound. Jute.—Native first marks, January-February shipment, £26 5s per ton. Hemp.—-New Zealand, October-December shipment, £36 per ton. Rubber.—Fine hard para 14%d per pound; plantation, first latex crepe, ll%d, smoked ribbed sheet ll%d. Copra.—South Sea bagged, £25 5s per ton. Linseed Oil.—-£27 10s per ton, equal to 2s 2%d per gallon. Turpentine.—6Bs 6d per cwt., equal to- 5s 2d per gallon.—Aus.-N.Z. Cable Assn. THE MEAT MARKET. Received Dec. 18, 5.5 p.ttn. London, Dec. 17. Sheep.—Canterbury light 5 l-8d per pound, South American heavy Australian lambs best Beef.—Frozen Argentine fores 4d. htnc? 6d, chilled Argentine fores 4d, hinds 7d. Others unchanged.—Aus.-N.Z. Cable Assn. LOANS OVER-SUBSCRIBED. London, Dec. 16. The Indian and Auckland City loans have been over-subscribed. HULL WOOL SALES. London, Dec. 16. As the result of keen competition at the opening Hull wool sale, practically the whole offering at the first session was sold. Merinos advanced 5 per cent., fine crossbreds 10 to, 15 per cent., mediums 10 per cent., low grades 5 per cent., over the last London sales. EFFECT OF SYDNEY FIRE. London, Dec. 16. The Yorkshire Observer, while regretting the destruction of wool in the Sydney fire, says: “Though the world as a whole could do with this new clip wool, despite B.A.W.R.A.’s surplus, it is a flight of imagination to suggest that the fire is likely appreciably to affect prices. It has not, and could not affect Bradford.” The writer points out that the wool- destroyed, if all merino, only amounts to onefifth of tbe extra merino contained in the new clip, compared with last, year’s. DUDLEY ROAD SALE. (From Our Own Correspondent.) There was a good attendance at Newton King, Ltd.’s Dudley Road yards on Wednesday. and a fair yarding of stock. Mixed 15 to 20-month heifers sold at front 27s to 575; showing Jersey up to 725; steers 15s to 245; inferior quality store ee s 12s to 22s'. better class 30s to 50s, empty wife £2 2s 6d to £4 0s 6d, bulls £-3 1< . C 3 17s, springing heifers £8 to £ ' heifers in milk £4 2s 6d to £5, anil v>>.. . m milk £5; store ewes 6s 9d, shorn hoggets 10s sd, fat lambs Ils 4d, and wethers 12s 4d.