COMMERCIAL

Hawera & Normanby Star, Volume LVI, Issue LVI, 24 October 1908, Page 5

COMMERCIAL

J TRADE AND FINANCE. , [PRESfI ASSOCIATION "• • . LONDON, October 23. The Bank rate ia 2£ per cemitL The market rate of discount in London for , throe 1 ifrbmths' bills ia 1| per cent. The Paris rate is fy par cent and Berlin 2| per oent. Ccwisola, £8-t 15a. New South, Wales 3 per cents, £87. Victorian 3 pea' oemta,. .£BB 15& Queensland 3 per cents, £&7 15a. Tasmanian ty per oemts^ i£99. Other stocks are v.uohanged. Wheat. — The markets are dull owing to the worldfa large;' weekly ehip\m&ata and favorable) crop reports from! the Swtheirn, Hemisphere. There ia better enquiry for diflbaut cargoes; 14,000 quarters of Australian) January and February eihipmenta and 12,000 of Dccemhiar and January sold at 3Ps 7id Steamer, parcels, January and February »Wpm«ntS!, sold at 35s 6d and 35s 9d. Australian spot ia quiet at 40s to 41s. Floor, — Flouit ia scarce; 25s 6d to 26s 6d is being obtained for spot ia London. Consddeaiabk s»i«? have bean affected in Glasgow, October and November sihipmente briajging 26s 6d to 26s Od. Butter. —The market is firiu. Danish, 129b to 130s. A shipment of Australian bj the Ormuz .of ebtceUerit quality sold a.t. 118s to 120s, a fewJots realising l#2a : Wool.— -The Br&dE'vrd maikefc ia unchanged. ,"-'•'*■ \ YOUNG, HOBBS AND CO. At Eltham on Wednesday, 21st inst., we held our usual fortnightly sale. The yards were filled to the brim with saleable cattle. Nearly everything was ,sold at the hammer, at • sat^^torjf pneeß., We quote; JTatr cows' £5 6s, fresh and' forward do./£2 10s to £3 ss, store do. w39s to £2 6s, 2-year steers ,£3, j>B. to 7s, lo^-nvintH do? £2 Us, yearling <to. 395, Si-jeaV hen'eri 60s to ,635, 20month heifeW 31s to 355, weaners 265, Jipggets (good) 13s 6d, bulls £3 16s to £6 15s, springing cows £5 to £10 10s, backward £3 10s to £4 10s, springing lieifers £5 to £7 15s, backward £3 10s d& ££ 158. Messrs Campbell Bros/ herd of stud Ayrshire cattle were much admired and sold readily at the hammer, although, considering the blood submitted, prices | in favor of purchasers. We quote: Ayrshire cows in profit £6 10s to £9, Ayrshire bulls £8 15s to £12, yearling heifers £2 12s 6d.