COMMERCIAL.

New Zealand Herald, Volume LXI, Issue 18772, 28 July 1924, Page 5

COMMERCIAL.

THE LONDON MARKETS,

FROZEN MEAT-

Australian and N.Z. Cable Association.

{Reed. 5.5 p.m.) LONDON. July 2S. Sheop.—Canterbury, light, 7Jd: medium, 7id- heavy. 7d. North Island, light, 7§d; medium, 7d; heavy, 6|d. New Zealand, ewes, 5 3-Bd. Argentine, light, 6!! d; medium, 6d; heavy. Sid: ewes, sd. PataBonian, light, 6Jd; medium, 61d; ewes, 5 6-Bd. Lambs.—Canterbury, light. 11 3-8 d; medium, 10 7-8 d; heavy, 10 3-8 d; seconds, 10 7-8 d; eelecteds, light, 11 1-Sd: medium, 10 5-Bd. ftorth Island, firsts, 105 a; seconds, lOjd. Argentine, firsts, light. 10} d: medium, Old; seconds, lOd. Patagonian, firsts, 10Jd; seconds, 10id. .Frozen Beef.—Argentine, fores, 2 3-isd; hinds, 4 5-Sd. Uruguay, fores, 21-fid; hinds, 4id. . Chilled Beef.—Argentine, hinds, 0 l-Bd. Uruguay, fores, 23-8 d; hinds, sid. Others are unchanged. COTTON, HEMP, RUBBER, ETC. (Last week's prices in parentheses.) Cotton.—August delivery, 17.14 d (16.08 d). Kufaber.—Para. Is (Is); plantation and smoked, 11 7-8 d (lljd to 11 7-8 d). .mte.—August shipments, £30 10s (£2O). 108 e (£3'flosr Ptoalber shipme,nts > S? . Copra.—July-August shipments. £28 10s (£S!B ss). Lineeed Oil.—£4l (£4O 15s). Turpentine.—6ss 3d (65a 9d).

SHEEPSKIN SALES. A. find N.Z. LONDON, July 25.

At the sheepskin' sales 4700 bundles woro offered. There was a fair demand oy the Home trade, but many were withdrawn owing to high limits. Full woolled Merinos and comebacJcs were generally 5 per cent, below the May prices. Shorter JUerinoa and medium to coarse crossbred combings were unchanged. Crossbred clothings and pelts were slightly dearer.

TARANAKI OILFIELDS,- LTD., •nA*" I }?® tas , >een received from Sydney that the quota of shares for public subscription there in Taranaki Oilfields Ltd has been oyeracribed. The date for' applications m Australia has closed, but owing to late arrival of prospectuses in New Zealand the closing date here has been extended to next Wednesday. MANAWATU STOCK SALES. Dalgety and Co., Ltd., Palmerston North, report having a fair entry of sheep and a medium yarding of cattle at their Feildins: sal© on Friday. There was a specially good demand for ewes in lamb, but a number of fat sheep failed to change hands. Quotations:—Fat lambs, to 27 a 6d; fat ewes, 265, 32s to 83s; fat wethers, to 39s 9d; cull hoggets, 12s; medium hoggets. 19s; very fair hoggets, 245; m.a. ewe.s r.w. Romncy rams. 28s; m.a, owes r.w. S.D. rams, 33s 8d: forward ewes, 18s 9d; cull dairy cows, 30s to 42s 6a. •' Abraham, and Williams, Limited, report that at their Foildmg salo on Friday, a fair entry of both sheep and cattle came forward. All classes of sheep met with a keen demand, fat sheep and ewes in lamb especially so. A good entry of fat cattle well. Store cattle sold at lata rates. Fat wethers realised 395, 39a 9d to 4Gs 6d; fat ewes, 225, 245, 255, 25s sd, 28s 2d to 318; fat hoggets, 25s 2d to 27s Id; forward E. ewes, 18s 6d to 20s; two-tooth wethers, 30s; wether hoggots, 23s 2d: mixed hoggets, i'.Ss 'Id to 23s Gd; four and six-tooth ewes, r.w. Southdown rams, 39s sd. 40s, to 42s 3d; four-year ewes, r.w. Southdown rams, 35s <td; fat bullocks, £5 93, £6 12s 6d, £7 ss, to £9 7s 6d: fnt cows, £3 17s 6d, £4. £4 10s, £5, £5 17s 6d, £6 10s. £7, £7 15s; forward cows, £2, £2 sb, £2 12s Gd; store oows, 15s to 85s; dairy cows, £4 £4 10s, £5 ss; dairy heifers, £3 ss, £4 7s •6d, £5, 48 to £10 10s.