COMMERCIAL.

Taranaki Daily News, 8 March 1922, Page 5

COMMERCIAL.

SOUTHERN MARKETS. By Telegraph. Pre*«t Association Christchurch, Last Night. Apparently farmers are in no hurry in threshing their oats as very few are offering. There is a shade weaker feeling among merchants, but quotations to fanners are unaltered, namely 2s 3d to 2s 6d for A grade Gartons and 2s to 2s 3d for Algerians. Wheat is coming forward freely, but millers are not operating beyond immediate necessities. There has been a heavy rejection of some wheat. Generally farmers are accepting the lower price as fowl wheat. A satisfactory feature about the later threshings is that the yields are much improved. White clover is beginning to come forward, and a sale has taken place of some good quality at Is 2d to farmers. Quotations nominally are lid to Is Id at wayside stations.

There has been some activity in both perennial and Italian ryegrass, but quotations cover a wide range. According to quality from 2s 9d to 3s is the ruling price. Cocksfoot has also met with inquiry, and a good sample is now worth up to s£d, equivalent to Sd for machine dressed.

Partridge pea© have met keen activity during the past week. They are still firm, though a shade easier. The figure at which business has passed is abnormally high, and business is all of a forward nature. Generally the value is Bs, though a sale of a big parcel was on a basis of 9s f.o.b. South Island, equal to 8s 5d to farmers. The “flutter” is due to home inquiry. Other varieties are not inquired for to much extent. Prussian blues are quoted at 5s and white ivorys are not being asked for. Potatoes remain unchanged. Main crop quotations are £3 5s to £3 ]os a Lon to farmers. LONDON MARKETS. Received March 7. 5.5 p.m. London, March 6. The Bradford wool market is firm. There is more inquiry and better business. Waihi shares, 16s 3d and 18s fid. Grand Junction shares, 5s lOd. Wheat.—Cargoes quiet in view of heavy world shipments. Quotations have declined 6d; Australian 60s 9d; parcel City of Norwich, 59s 3d. LONDON METAL MARKETS. Received March 7, 10.15 p.m London, March 6. Copper.—Spot, £6O la 3d, forward £6O 18s 9d. Lead.— £2O 15s and £2O 12s 6d. Spelter.— £25 2s 6d and £25 7s 6d. Tin.—£l44 17s 6d and £1146 18s fid. Silver. —32 5-8 d per ounce.—Aus.-N.Z. Cable Assn.