COMMERCIAL.

Taranaki Daily News, 18 January 1922, Page 5

COMMERCIAL.

SOUTHERN MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. The burst of rainy, squally weather •has stopped harvesting operations, which jwere becoming general. Fear prevailed that Monday’s rain and winds would cause a good deal of laying of heavy crops, and in several districts this has proved the case, particularly of oat crops. However, so far it has not caused much damage to wheat. The rain has generally improved the yield prospects, particularly in Sop th Canterbury and North Otago, where they are sufficiently late to receive the full benefit of the generous fall. It is estimated that in the North Otago a.nd Waimate district the yield will be increased ousnels per acre. Crops which will benefit largely by the rain are peas and potatoes, as about 75 per cent, of the latter are due late this year. There should be a very much improved potato* yield. Prices at country stations are £5 for FebruaryMarch delivery and £4 for April-May. SALES OF FAT LAMBS. Timaru, Last Night. Fat lamb auctions commenced at Pleasant Point yesterday lBOO entries, and the second sale was held fit Temuka to-day. Prices were a shilling higher than sellers anticipated. There was a very good sale at Pleasant Point up to 20s, and at Temuka the top price was 21s 3d, and many lots went over 20s. The lambs were “off their mothers.” NEW SOUTH WALES WHEAT. By Telegraph.—Press Assn.—Copyright. Sydney, Jan. 16. The New South Wales wheat yield is estimated to amount to 45,28p,000 bushels, a decrease of 10,000,000 bushels compared with last year. Over-abundant rains during sowing are responsible for the decrease, which is equal 'to an average of three bushels per acre less than the previous year.—Aus.-N.Z. Cable Assn. ” LONDON METAL MARKET. London, Jan. 16. Copper.—Spot £65 13s 9d; forward £66 8s 9d. Lead. — £2.3 17s fid and £23 15s. Spelter.— £26 10s and £26 17s 6d. Tin.—£l6s 2s 6d and £166 17s 6d. Silver.—3s l-8d per ounce. DAIRY PRODUCE MARKET. Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house under date of January 13:— “Butter.—Good demand, prices steady. Danish, 170 s to 185 s; Australian finesz, unsalted, 124& to 128 s; salted, 116 s to 118 s, occasionally 12Os; secondary, salted, 100 s to 112 s; inferior, salted, 84s to 965. New Zealand finest, 128 s to 130 s: secondary, 116 s to 1245; best Government Australian selling at about, 100 s. “Cheese. —Market steady, but quiet. New Zealand, colored, 86s to SBs: white. 84s to 86s; Australian, colored, 82s <o 841 s: white 80s to 825.”

INGLEWOOD SALE. (From Our Own Correspondent.) - There was only a small gathering at Newton King Ltd’s mart on Saturday; too much doing on the farms will account for the absence of many of the usual frequenters. No pigs were presented, almost a record for Inglewood’s Saturday function. A fair number cf fowls were offered and realised from Is to Is 7d for hens, fid for chicks, 2s for ducks and Is 3d for ducklings. Vegetables and other sundries sold fairly well, but it. was a small sale.