COMMERCIAL

Hawera Star, Volume XLVIII, 21 July 1924, Page 8

COMMERCIAL

eo-reic; x exch an ges. -1 CAULE—PIiESS ASSOCIATION—GOP Y K.IGUI LONDON, July 17. . The following rates on foreign exchanges are current to-aay, as cnmparea par: — Brussels (franc), July 17, 96 (par 25.220) ; l J ans (tianc), 85.55 (20.220> ; Oinstiama pironer), 52.53 (fb.ioU) ; .■Stockholm (.kronen, 10.43 (.ifj.ioy,) ; Copenhagen (.Kroner;, 20.P3 (ib-IoU); itome (me), 1014 {25.225) ; Calcutta, Is 03d (2s); Yokohama, Is 10 11-180 i.2s oxU/7 uongkong, 2s 43d (2s) ; New a 01k (ho!.), ‘i.SOg (4.860); .Montreal (doi.), 4. 40 3 (4.860). Tiie mark is quoted from Berlin at 184 billions to tlie sterling, compared vvnh .181 pillions on July lu. LONDON DEPORTS. LONDON, July 19. The Flourmillers’ Association has advanced the price of standard grade flour by Is to 44s 6d. Sheep.—North Island, heavy 6-|d'; New Zealand ewes, od. Lambs. —Canterbury, heavy seconds 10§d, selected (light) lid, medium 10£d; North Island, firsts 104 d, seconds 104 d; Patagonia, firsts lOd, second lOd. Chilled beef. —Argentine, fores 24d, hinds 64d; TJruguav, fores 2ad, hinds 4«d. Other meats unchanged. Cotton.—Liverpool quotation, American middling upland, August delivery, 16.08 d per lb. Rubber. —Fine hard para, Is per lb; plantation, first latex crepe and smoked ribbed sheet, to llgd l . Jute. —Indian, native first marks, August shipment, £29 xier ton. New Zealand Hemp.—July-September shipment, £37 10s per ton. Linseed Oil.—£4o 15s per ton (equal to 3s 3£d per gallon). Turpentine.—£3 5s 9d per cwt (equal to 4s per gallon). Wheat cargoes are quiet and inactive, though tending lower on more favourable American news. Parcels are quiet at 6d to Is decline. August delivery is quoted at 545. Parcels ex Medic at Liverpool made 54s to Cargoes derived a fresh impetus from strong Winnipeg advices of good trade, and made an advance of Is to Is 6d. Parcels are less active, but quotations are a- shilling higher. Peru sold at 555; 1800 ex Port Denison at 565; 2100 ex Euripides at 53s 3d; a. parcel ex Ulysses at 545; ex Medic at 52s 6d. Tiie spot trade is active and firmed - . Australian ex store is ouoted at 34s 6d. Flour. —Very firm. Australian ex store 37s 6d. Oats. —Firm. A grade Gartons 32s to 355; B grade 28s to 29s 6d. Blue peas. —Dull. Tasmanian 380 s to 4205; New Zealand 340 s to 3605. Maples.—Rather better inquiry. Tasmanian 75s to 80s; New'Zealand, 65s to 60s. Beans. —Steady. New Zealand 49s to 51s. Sugar.—Granulated, 38s 10^d. Copper, snot £6O 13s 9d, forward £6l 13s 9d; lead, £32 17s 6d and £3O 10s; spelter, £3l 17s 6d and £3l 15s; tin, £229 12s 6d and £231; silver, 3s 1 5-16 d per ounce standard. CANTERBURY MARKETS. {l3 V TP’ ” f,T ‘ 1 ■"»'>•< >ot j<n*TiOV 1 CHRISTCHURCH, July 18. The potato market has sagged somewhat badly. The cause- is not so much low prices of Victorian tubers as the fact that they are showing unusually good keeping qualities, and an abundance of shipping is enabling a steady supply to lie maintained The Koromiko is due to berth at Auckland on Sunday with 11,000 odd sacks, and three other vessels - are due to leave Melbourne with further consignments before the month is over. In addition the Wingatui sailed from Lvttelton yesterday with 3600 sacks, and the Wanaka is expected to lift a consignment from Tiinaru. It would appear that Auckland is guaranteed a sufficiency of supplies until the middle of August. E.o.b. sacks in values ■in Christchurch have receded to £5 5s for August-September, and individual growers have accepted £4 on trucks. The view - is taken by a few growers that it is wiser to accent this price whilst potatoes are in bags in preference to repacking later, even at an enhanced price. Oats took a sharp rise to-day, advancing during the last day or two from 5s Id to 5s 4d f.0.b., sacks in, for B grade. Chaff is scarcely so firm, the inild weather no doubt being responsijjle. Quotations to farmers are £6 15s. Fair quantities of machine-dressed oowgrass are feeing sold to farmers for their pasture mixtures.

ADDINGTON MARK FT. CTI7aSTC'HURCH. July 16. liio.G uas again u heavy entry oi •Stock. Generally values compared with last week were easier for both fat, cattle and lat sheep, though in both case.-, the carkot concluded . firmly. The national market takes place on .tagust 6. i'at sheep. There was a yarding oi about ele\en laces. The outstanding lines were fewer than last week, the wether entry being comprised mostly ot medium mass sum. Tiie sale started on: is fid to 2s fid lower than last- week, but improved in the final stages ami •closed firmly. Extra prime wethers. o_s; a few special to oris; prime, 42s to 47s medium, 68s to 41s fid; light, •ids to 375; extra prune ewes, 44s 6d ■ prime. 64s ho 67s fid; medium, 36s to •i6s fid ; light, 26s to 29s fid ; aged. oo s to 255. hat cattle.—There was again a vcr\ lug comprising 519 head, compared with 545 last week. North Is la s 1 consignments figured hugely and were ot prime quality. There were several sp.endid drafts jTom North Canterbury and tiie Peninsula. The market openeu on n lower basis for big cattle by about _os per bead. Prime beef made from c-2s fid to 655; medium, 29s to 625; fighter, 2ds to 28s; rough down to 15,s Extra prime steers, £l7 to £lB 17s; prime, £l6 to £t(i; medium, £9 15s to £l2 10s; light, £5 10s to £9 10s; extra prune heifers, £lO O.s; prime, £7 5s to £9 ss; extra prime cows, £0 Insprime, £6 los to £4 155.. l)aii-y cattle.—The total entry of dairy cattle was 77 head. The sale was lueless and many of the cattle failed to change hands. Good third and fourth ealvers close to calving £6 to £8 10s; extra good. £l2. Pigs.— A simui entrn of fat pigs met a keen demand, and a general. Improvement in prices. Bar-oners, £4 5s to £5; heavy, £5 to £6; extra heavy, £6 10s; average price per lb, 8d to Bid. LONDON TALLuAY MARKET. The Bank of Now Eoaland produce department has received the following advice from its London office under date .July 16: — £< Tallow: There is a fair demand. Current quotations—Good mutton 44s to 44s 6d per ewt: good beef and mixed, 43s 6d; gut, '3ss to 38s 6d.” Messrs Dalgety and Co.. Ltd., report having received the following cablegram from their London house

under date ot the 16th instant:—“7Bs casks of tallow offered, 330 sold. Tallow market is quiet. Since our last report prices are unchanged, exceot lor mutton, which are 6d higher per‘cwt.’’ AUCKLAND SHARE MARKET. AUCKLAND, July 18. _Sj} les - New Zealand Inscribed* Stock, 192,-41, £9B os; Tauoiri Coal, s>9s • Bvcroft (rights), 3s Gd; Waihi, 29s 6d! WANGANUI HIDE, SKIN AND TALLOW SALE. Messrs DaJgety and Company, Ltd., report:—At our monthly skin, and tallow sale at Wanganui there, was **•. full attendance of buyers. Competition lor sheepskins was animated, and puces were well up to recent quotations. The low prices of late for hides, however, were still in evidence. The following is the range of prices:— Hides.—Ox, medium, 6/Ibs, 7d per 1J); ox, interior, cut and slippy, 34d to 5d ; cow, 38 to 471bs, 4d to 4|; cow in-' lenoi-, cut and slippy, 3d to, 3i<J; kip,' 2i !bs, 4d; yearling, 20Lbs, 44d; yearling, cut and slippy, 2d to 4d; ‘ calf skins, sound, lid ; calf skins, cut and slippy, 34d to 84tl. •Sheepskins. Hoggets, 14Jcl per lb: roll woois. 11ßl to three-quarter to lull wools, ll;J-d to 123 d; half wools, medium to good, 8d to - 12Jd ; quarter to half wools, damaged, skl to 8Id; shorts '(6;. pelts, sound 6.\d, damaged 2d; salted skins, medium 11s 6d to 12s 6cl ■ acli; half wools, salted, 2s 9d; lambs, salted, medium, 6s.