COMMERCIAL.

Oamaru Mail, Volume XLIV, Issue 14038, 22 April 1920, Page 6

COMMERCIAL.

HOME MARKETS. [Uy El ten: it Telegraph—Copvkight.J (Per Press Association.) (Aus and N.Z. Cable Assn.) Received April 22. at *).l"> a.m. LONDON. April 2'>. The Budget- has only slightly affected the Stock Exchange, though the increase in the tax tm excess profits, which was a complete surprise, caused many industrials to open weak. They recovered partially later on. Shares —Peninsular and Orient Company. 71 tiyers £4OO. sellers £-Tl0: Hank of Australasia. Hank of New South Walts. 1:52 10-: I'nion Hank of Australia. £l3 2s 6d: Hank of New Zealand. £75 10* .and £2O: New Zealand Loan and Mercantile £6l 10s and £10.5. At the wool -sales the merinos offered were mainly Continental qualities, which were slightly harder. Scoured and fine sorts were unchanged. Cro.-s----breds met with a brisker sale. CLEARING SALES. Messrs Wright. Stephenson, and Co. report having held a. successful f-ale on account of Mr Chas. Poole, of Awamoa. Prices, were:— Sheep—6 and S-tooth_rwes. 32s ; j'l "■ full-mouth fat ewes. 2is; fat lalill*-. •J'J-. Horse-— Draughts £3l. £ll. £2->. aged draughts £l2 10s to £2O. an unbroken colt £lO. Harness and implements fetched high prices. Cows—£lt £ll. £1- lOs. £l4. £l4 10s. £!S -is, £l7 -H £l3 -!-• £ll 10s. t „ Heifers £l4. £l6. £ll 10-. £!•: bull £lo. . The North Oc.tgo Farmers ( o-opera-tive Assn.. Ltd.. in conjunction with Messrs Wright. Stephenson, and Co.. Ltd.. held a very good sale yef-terday for Mr J. A. Meek, of Enfield. >hecp (Ir;iggt > d n little. e*ptvi;iHv tats, mil the 300 ?armers~ present bid briskly lor every thing else. Horses sold exceptionally "well. Following were the prices:— Sheep—2-tcoth ewes 22- .>d._ !-:iK>th ewes 'Jls 7d, 6-tooth ewes 3h- <d. fullmattth ewe> 2&>. old ewes l'*s. tat lambs 265. 9d. store lamfo* 20-. tat «ether> 3ls tki, fat ewes 2-7s fid. _ Co«s, frutn £0 to £l6 l->s. Hellers. :?vr-otd £4 17s 6d, hs-old £2 -ts. calvtv IDs. Hon.es £2B. HO. £t-3. £4 6. £4* 10-. £4O. and to' 1 . Trap ntare £23 ItV. voting mare iu&t broken £l s .