COMMERCIAL.

Hawera Star, Volume XLVIII, 2 August 1924, Page 3

COMMERCIAL.

FORKIGX EXCHANGE RATES. ay CABLa—press association—copTßjafi'i LONDON, July 31. Hie latent ioieijiii t'xenange rates ;1! e: Brussels (It.). 9 ( , Paris (fr.j Stockholm (rr.; 16.53, Christiama (krj 32.5'.). (Jruennagen (nr.) ’27.33, Berlin (murk) SI mliions. Rome (lire; lOli, 'On lent la (rupee) is , Id, Yokohama (yen) il!a£d. Hongkong 2s 4|d. Aiontieal (Ool.) 4.4 L. Aesv lork (aoi.) 4.401. —Aus.-X .Z. Cable Assn. AI) DIXGTON MARKET. (BY TELEGRAPH. PRESS ASSOCIATION.) CHRISTCHURCH. July 31. At Addington market yardings were heavy in both lat cattle and fat sheep classes. Cattle improved in value., meeting with a firm sale throughout, but the mutton market was irregular, though it concluded firmly. hat sheep.—ln the opening stages there was a weakening of up to 2s per head, but this was recovered in the lat?r stages, particularly for ewes. Over the wiioie of the sale, however, values were easier than jast week. Extra prime wethers to 50s, a few special pens to 60s; prune wethers, 41s 8d to 4is_: medium. 38s to 41s; light-. 33s to 37s 6d; extra prime ewes, to 41s; a few special pens, 44s to 45s 9d ; prime ewes. 35s to 395; medium 31s 6d to 34s 6d; light, 28s to 31s ; old 25s to 2is 6ct; prime hoggets, 32s 6cl to 40s Id; medium. 26s to- 31s 6d. kat cattle. —Included in the entry were 178 North Island cattle, mostly prime lines. The market opened firmly, and good cattle made from 20s to 30s per head more than last week. Extra prime beef sold at 37s 6d per 100 lbs., prime, 33s to 365; medium, 29s 6d to 32s 6d ; light and unfinished, 26s to 295; rough. 17s 6d to 22s 6d. Extra prime steers, £l7 10s to £lB !2s 6d; prime, £l3 15s to £l6 10s; medium, £lO 10s to £l3 1.0 s; light, £7 10s to .£10; rough sorts, £5 to £7. Extra prime heifers, £ll 10s to £T4 2s 6d ; prime, £7 to £9 10s; medium. £4 10s to £5 15s; aged, £2 15s to £4. Dairy Cattle.—Good second, third, and fourth calves, £7 to -£9 10s; medium, £4 to £6 15s; good heifers, £(> to £8 Ids; extra good, £11; medium heifers, £4 to £5 10s; backward culvers and cows in milk, £1 15s to £3. Eat Pigs.—A medium entry of porkers and a small one of baconers. Porkers improved in price, baconers being easier. Choppers, £3 to £7; light baconers. £4 5s to £4 15s; heavy, £5 to £5 1.0 s; extra heavy, £6 12s (average price per lb Bcl to R.UI). light porkers, £2 10s to £5 ss; heavy £3 10s to £3 18s (average price- per 11; lOd to lOjd). Store Pigs.—A large, entry and easier sale. Woaners. 16s to 2()s; small stoi cs, 22s to 265; medium, 30s to 40s; large, 45s to 545; sows in pig, £4 15s to £5. CANTER BUR Y lIA R RETS. CHRISTCHURCH, August 1. The potato market has fluctuated extraordinarily during the past few days. At the beginning of the week sales were niade as low as £5 2s 6d f.o.b. sacks in. Yesterday, notwithstanding the Melbourne easing, sales were made at £6, and in an exceptional case or two for small quantities at £6 ss. These prices were paid bv over-sellers, but the tact that such prices had to be given indicates that very few potatoes are held in store, and that growers are still optimistic. Quotations ot £4 on trucks to the latter are ahead of the Melbourne parity. The unusual feature ol the whole position is that, notwithstanding the .paucity of Canterbury deliveries, there is practically no evidence of growers beyond one or two coming on the market. There are few oats in the country. It is reported some farmers, tempted by the high price, are threshing the lew stacks intended for chaff, hut in the aggregate that will not be much. The market is very firm. G.B.’s have been sold at as high as 5s lOd f.o.b. sacks in, and at 6s 4d. -Chaff is scarcely so firm, hut there is practically no change in values. From ~£fi Tss to £7 on trucks is the quotation. Find weather during the past week is doubtless responsible for the slacker tone. Peas jumped up quite unaccountably one day, and 7s a bushel f.o.b. sacks; in was paid the previous day and the one after. Top values were 6s 6d. This is the price to-dav. Generally the seed market is very quiet, though firm. Cocksfoot has been selling freely at 12Id for standard seed. Practically all the crons is in the merchants’ hands. C'owgrass has been “sick” all the season. Rvegra.ss is firm, although southern reports indicate that the stocks held’there by merchants are ample. AUCKLAND SHARE MARKET. AUCKLAND. Aug. 1. Stock Exchange sales.—Brewery debentures 21s Od; New Zealand Insurance Co.. 30s: Auckland Gas Co.. 255: Huddart. Parker. 43s 9d: Gear Meat Co.. 435; National Pictures. 16s. LONDON TALLOW MARKETS. The Bank of New Zealand produce department ,Ims received the following advice from its London oilu c under date 30th July: 'Pal low.—There is a good demand. Current quotations: (bind mutton. 44s 6d to 45s per cwt ; good beef. 43s 6d to 44s per cwt; good mixed. 43s 6cl to 43s 9d per cwt; gut. 39s to 39s per cwt. Dalgefv and Co.. Ltd., report having received flic following cablegram from Ilnur London house under date of flu' 30th July;—. Tallow.—lo7s casks of tallow offered. i 10 i-asks sold. Since our laM, report prices are (id per cwt higher. 4 be New Zealand Loan and Mereaiililc Agency Co.. Ltd., have -received the following cablegram from their London house under date 30lh July: I allow. —\\ e quote present spot rallies for tlie following descriptions; line mutton. 46s per cwt; good beef. 44s per c-wt; mixed. 39s 3d per cwt. Market upward tendency.