COMMERCIAL.

Hawke's Bay Tribune, Volume I, Issue 59, 20 February 1911, Page 1

COMMERCIAL.

G-ERMAN BANK RATE.

(Received 20, 8.5 a.m.) London, Feb. 19. The German bank rate is 4 per cent.

FISHY BUTTER.

London, Feb. 19.

Complaints are being made Of the fishiness in many brands Of New Zealand butter.

RISE IN CHAMPAGNE.

(Received 20, 9.30 a.m.) London, Feb. 19.

The increase of 30 per cent, in prices of champagne is due to the scarcity of recent crops.

HEMP, COPRA AND COTTON.

Thp hemp market is dull, ( Febru<ar£’to April shipment realised £l9 ioK Copra.—Sale quiet. Southsea bays £2l/12/6. Cotton, 7.33 pence.

RUBBER.

Rubber—6/3. METALS. Copper, cash, £54/17/6. Tin, spot, £192/10/-; three month, £lB7/10/-. Lead, £l3. WHEAT. Three cargoes of Australian sold at 35/9, 34/3, and 34/4J, respectively. 14,000 quarters February shipment sold at 34/-. The wheat and flour afloat for the United Kingdom is 3,110,000 quarters, and for the Continent 2,555,000 quarters. Atlantic shipments are 132,000 quarters, and Pacific, 16,000. The total shipments to Europe comprise 1,250,000 quarters, including Argentine, 395,000 ; Russian, 313,000 ; Danubian, 66,000 ; Indian, 93,000 ; Australian, 160,000. SHARES. Shares.—Waihi, 68/9 and 71/3. LIVE STOCK. Messrs. Williams and Kettle, Ltd., report having held their live stock sale at Hampden, on Saturday, when they offered a good yarding of sheep to a lair attendance. All good lots offered were well competed for, but - lower classes, as usual, were neglected, and in several cases went out unsold. We report the following sales :—192 4tooth ewes (small) 9/8, 16 rape lambs 10/-, 20 store lambs 4/7, 33 2-tooth wethers 7/10. Also on account of Twaras station: 65 stud 2-tooth Romney ewes 25/-, 65 4 and 5-year stud ewes 13/ a, - stud 5-year-old Romney ram £slsj- r 15 6-tooth flock Romney rams £2/2/-, 3 do. £1 5/-, 10 4-year Romney rams fgn, 1 springer £5/12/6.