COMMERCIAL.

Taranaki Daily News, 20 March 1922, Page 2

COMMERCIAL.

LONDON MARKETS. By * Telegraph.—Press Assn —Copyright. Received March 19, 5.5 pjn. London, March 18. Cotton.— Liverpool quotation for American midding upland, April delivery is 10.37 d per pound. Rubber.—Fine hard para, ]o%d per pound; plantation, first latex crepe, 8d; smoked ribbed sheet, 'Bd. Copra.—South Sea bagged, March-May shipment, £24 10s per ton. j u te. —Native first marks, March-April shipment, £26 2s 6d per ton. New Zealand hemp, March-May, £33 10s. Linseed Oil. —£36 5s per ton, equal to 2s 10%d per gallon. Turpentine.—67s 3d per cwt., equal to 5s per gallon. gh ee p.—New North Island, 7%d, best 7 7-8 d; new New Zealand ewes, Australian seconds, 6%d; South American light, 7%d, ewes 6d; Patagonian light, 6%d. Lamb. —Canterbury and Southland, none offering. Frozen Beef.—Argentine fores 3%d, hinds 4%d; chilled Argentine fores 3%d, hinds 5%d; Uruguayan fores 3%d, hinds 4%d, others unchanged. (Note.—All quotations are for wholesale quantities delivered to Smithfield 'market). Wheat. —Cargoes firm in sympathy with American advance. A good Continental inquiry. Sellers are asking 6d extra. The Yoseric’s cargo sold at 56s per quarter. Wool.—Sales are fair, with an all-round selection. A strong demand from all quarters for both merinos and crossbreds, which are making full late rates. SHpes are firmer. Cable Assn. AUSTRALIAN MARKETS. Melbourne, March 17. Hides. —Market irregular, stouts heavies and light kips unchanged; medium and lights a farthing lower. WANGANUI WOOL SALE. SPIRITED BIDDING. (By Wire—Special to News.) Wanganui, March 18. The Farmers’ Co-operative Organisation Society of New Zealand, Ltd., report on their Wanganui wool sale as follows: There was .' full attendance of buyers, representing Bradford, America, the Continent, Japan arid local, mills. Tiie sale opened to spirited bidding, and competition was of the keenest nature. Our catalogue comprised chiefly average and low grade wools suitable maiifty for Bradford and the Continent, whose representatives took the bulk of the offering. Pure Lincoln wool of light condition realised exceptional prices, but lots showing seedy or other extraneous matter brought poorer competition. The sale certainly tends •to show that the market is fairly firm, with little apparent hope for increased values. We offered a catalogue comprising some 1360 bales, 90 per cent, of which was disposed of under the hammer. The following are some of the top prices realised: Moewatae wctVers 5%d and sd; r.w.l. hoggets 5’4.d, ewes sd, c.o.b. hoggets 6d, wethers 5%d, a.l.c. ewes 6%d, Aiken s.d. lambs 9%d, j.f.s. ewes 5%d, hoggets 5%d, 1.b.0. ewes 5%d, s.g.c. 5%d. A grouped line of Southdowns brought -11