COMMERCIAL.

Taranaki Daily News, 22 February 1922, Page 5

COMMERCIAL.

SOUTHERN MARKETS. By Telegraph —Press Association. Christchurch, Last Night. Little threshing is being concentrated on Wheat A gartons are from 2s 3d to 2s SJ. The wheat returns from North Canterbury continue generally disappointing, though not to the same extent as earlier. The oat market is scarcely so firm as last week. The possible Australian outlet has not developed, the latest information from Sydney being that there has been a weakening. In the meantime farmers are offering to buy threshed crops. A fair number that promised 30 bushels threshed 25 and under, and no 50-bushel yields have been reported. So far the barley position is somewhat obscure. Really good samples of Chevalier have been sold up to 4s for North Island. On the other hand, offers being made by merchants are very much less than this. Last year there was a very heavy yield, much ahead of the consumption, and there is no reliable information as to how much of the surplus has been used on the farm. This year the area is very much reduced. As a rule at this time of the year breweries have bought heavily, but so far this season theii purchases have been small. Quotations to farmers gre to 3s 6d. Good perennial ryegrass is worth to farmers from 2s 9d to 3s, and inferior 2s 3d to 2s 6d. The cocksfoot crop, though disappointing, is not so bad as was reported recently, and there will be a fair yield, though much of what has so far come to hand is a poor sample, being musty and discolored. Values to farmers are 4d to 43d. The pwatoes market has slipped back, and quotations for main crop are now about £3 7s 6d to £3 10s per ton. It is understood the blight in South Canterbury has not developed very seriously, and reports from other districts are that the past few weeks have been very favorable to growth. BRADFORD WOOL MARKET. By Telegraph.—Press Assn —Copyright. Received Feb. 21, 9.10 pan. London, Feb. 20. There is little business in wool, and values are easier. Sixty-fours, 4s. LONDON METAL MARKET. Received Feb. 21, 9.55 p.m. London, Feb. 21. Copper.—Spot, £5B Is 3d; forward, £59 Is 3d. Lead.—Spot, £l9 17s 6d; forward, £l9 17s (|d. Spelter.—Spot, £24; forward, £24 10s. Tin.—Spot, £144 Is 3d; forward, £146 2s 6d. Silver-—33 3-8 d per oz. The prices are the lowest for years.