COMMERCIAL.

New Zealand Herald, Volume LIX, Issue 18020, 20 February 1922, Page 5

COMMERCIAL.

LONDON MARKETS. Australian and N.Z. Cable Association. (Reed. 5.30 p.m.) LONDON. Fob. 17. FROZEN MEAT (La-st week's prices in parentheses.) Sheep.-Bouthland, 7Jd (7d); North Island, 7ld and 7Jd (7d and 7id); New Zealand ewes, 6|d. Australian, first 6)d (6Jd), second 6d (6id); Patagoniau, light 6Jd, heavy 6d, ewes Gd.

Lambs—South American, light lOd (Old), heavy aid Old). Frozen Eeef (old).-New Zealand, fores 2Jd (3dl, hinds 4|d (4}d): Australian, crops 2Jd (8d). hinds 4jd (did), , . . Frozen Be«f (new).—New Zealand, nominal, fores 3d. kinds 4Jdi Australian, nominal, crops 3d. hinds 4}d; Argentine 31d, hinds 4jd; Uruguay, nominal, fores 3d. hmda 40. Chilled Beef.-Argcntinc, fores 3id (3{d), hinds sld (6}d); Uruguay not offering. Othors unchanged.

COPRA. HEMP. RUBBER. ETC. (Last wcek'fl prices in parentheses.) Cotton.-March delivery, 10.09 d (9.46 d). Rubber.-Para, Hid (Hid), plantation B|d (Sid), smoked B|d (Bid). Copra.-Steadier. February-April shipments, £24 5s (£24). ~ . , Hemp.-Dull. February-April shipments, i' 34 (£35 10s). ~;„„,„,,♦. Juto.—Firm. February-March shipments, £24 Ss (£23 IBs). Linseed Oil.—£3B. Turpcntine.-£:i 9s 6d (£3 9s).

P. AND O. SHARES. Australian and NZ, Cable Association. (Rocd. 5.30 p.m.) LONDON, Feb. 17. P. and O. shares were quoted to-day at £275 buyers, and £295 sellers-

STOCK EXCHANGE SALE. [b* telegraph.—press association.] DUNEDIN, Saturday. Sale on tho Stock Eichanee.-Bank of New Zealand, 47s 6d.

MANAWATU STOCK SALES. Abraham and Williams, Ltd., report:— At our Palmerston North stock sale on Thursday, a good yarding of BheeD and a fair entry of cattle came forward. Sheep mot with a ready sale at prices on a par with other sales. Mixed aged ewes made from 8s Id to 10s; 4 and 5-year ewes, 14s, Ms lOd, to 15s; cull 4-tooths, 10s; Btore lambs, 6s sd. 7s, to 9s 3d; oull lambs. 3s to 4s Id; spriuging cows, £8 to £12; store cows, £1, £1 10s, to £2: forward cows, £2 ss, £3, to £3 lis: weaner heifers, £2 to £3 Us 6d; weaner bulls, 38s. £2. to £2 10s. At Foilding, on Friday, a partlralarlv heavy yarding of sheep camo forward, molud ng some very nice linee of lambs and wethers. The quality of the ewes was only fair. In the fat pens the quality on the wholo was not good, but prices were very steady. S"toro sheep showed an inclination to weaken a triflo, although anything really good sold freely. Cattle were scarce, some nico quality fat bullocks selling at late rates. Store cattle were dull. We quote:— Fat sheep: Lambs, \% 6d. 17s 9d, 17s lOd, 18s lid, 19s, to 20s: wethers, 193, 19s 3d, 20s. to 21s: light, 15s; ewes, 13s, 15s, to 16s 4d; unfinished, 9s 6d to 12s. Stor« sheep: Rape lambs, 12s 3d, 12s 6d. to 15s Id: medium lambs, 8s Id, 8s 3d. 10s 6d, to 10s 9d; oull lambs, 5s Id to 6s 3d; forward ewes to 9s 6d. Cattle: Springing heifers, £5 10s to £7 10s; springing cows, £5, £6 15a, to £10; fat bullocks, £6 6s, £6 10s, £6 17s fid, £7 6s, to £7 10s; Jersey steers, £2 10s; Polled Anjus heifers, r.w.b., £2 ss: 18month steers, £2 5a to £3; weaner heifers, £2 2s 6d to £2 Is: bulls. 18s to £2.