COMMERCIAL

Evening Star, Issue 17542, 23 December 1920, Page 11

COMMERCIAL

AUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright. Australian and N.Z. Cable Associa lion. SYDNEY, December 22. Oats: Tasmanian, South Australian, Ah gerian feed, 2s 6d to 2s 9d; millin'?, 3 S| white, 4s to 4s 3d. ° Maize: White, 6s sd; yellow, 6s 9d. Potatoes: £2 4s to £5; Tasmanian, £lO. Onions: Victorian, £lO. ADELAIDE, December 22. Oats: Growers’ lots, Is 9d.

MONEY AND MARKETS. Press Association—By Telegraph—Copyright. LONDON, December 21. T*. and 0. shares: Buyers £350. sellers £370. Dulgety and Co.; £lO 7s 6d and £6l —A. and N.Z. Cable. HIGH COMMISSIONER’S BUDGET. The High Commissioner’s cable, despatched cu December 18, gives the following analysis; Meat.—The fresh meat trade is brisk. Early this week the market was quieter, but later the absence of chilled beet supplies was noticeable. The average prices are:—English beef. Is 4£d; mutton, Is there is a fair trade. Butter.—The price of British tended lower this week. The Irish market is very depressed, and prices are much lower. New salted, £l9 per ewi (3s 4Jd per lb); stored, nominally £l6 16s per cwt (3s lb)’. Danish is now free. Purchases have been made on British account at £l4 16s per cwt (2s 7|d per lb). Cheese.—There was very little business in English this week at last quotations—viz., £7 10s to £9 6s per cwt (Is 4d to Is 8d per lb) ; Irish at £6 4s to £7 per cwt (Is to Is 3d per lb). Canadian spot; The market is steady. White, £7 8s to £7 16s per cwt (Is 3ld to Is 4Jd per lb) ; colored, £7 14s to £8 per cwt (Is 41,8 to Is 5d per lb), c.i.f. Business is practically finished for. this season. The latest toffers are £7 to £7 os per cwt (Is 3d to is 3jd per lb). Hemp.—The Manila market is quiet and easier. “J ” grade, October-December shipment, £57 IQs per ton; DccemberEebruary shipment, £56 per ton : JanuaryMarch shipment, £55 per ton. The New Zealand market closed dull at last quotations—viz.: Spot, high points, £54 per ton ; fair, £52 per ton ; December-Janu-ary shipment, £sl _ 10s and £SO per ton respectively, but prices are purely nominal in the absence of business. Wool.—The sales have closed. The attendance was large throughout, but competition was slow, and conditions have not improved since the opening. Two days’ sales have been cancelled. The total offerings were 54.093 bales instead of 80,000 bales, including 8,903 bales of New Zealand. Good medium quality New Zealand wool realised about last sale’s rates, but finer grades declined, and coarse were neglected. The average closing values were : —6o’s to 64’s (merino), Is 10d to 2s 7d per lb; 50’s to 56’s (balf-breds), Is 5d to Is lid per lb ; 48's (fine crossbreds), Is 3d to Is 5d per lb ; 44’s to 46’s (medium cross-breds), lid to Is 3d per lb; 36’s to 40’s (coarse cross-breds), lOd to Is per lb. All prices are more or less nominal, as less than one-third of the total offering was sold. At yesterday’s free sales 6,000 bales of Australian were offered, and met with 'rood competition. Practically all was sold at about 10 per cent, below the Government limit,