COMMERCIAL.

Poverty Bay Herald, Volume LI, Issue 16672, 27 February 1925, Page 5

COMMERCIAL.

(Australian and N.Z Cable Association. LONDON, Feb. 26. At the tallow sales 1273 casks were offered and 751 gold. Prices slumped Awing to holders reducing the limits of parity prices on South American lots. The result was that the quantity sold was. far in excess of the disposals at any recent auctions. ■ Fine mutton made 5Js per cut., medium 44s 6d : fine beef *l6s; medium 43s 6d. MELBOURNE, Feb. 26. At Ihe bides market there was general competition. Stouts and mediums showed a hardening tendency; others unchanged. SYDNEY, Feb. 26. Oats, Tasmanian, Algerian, os 4d lo 3s 6d; white 4s 6d; maize os 6d to os 9d; potatoes) local, £4 to £5; Victorian £5 10s; Tasmanian £6 to £8 10s; onions (Victorian) £ll to £l2. ADELAIDE, Feb. 26. Otifs. 2s 9d. The Bank of Nmv Zealand, advises the receipt of the following cable from their London office: “The market for wethers iikeiv to 'remain steady at quotations. Market for ewe* dull, xvith downward tendency. Lamb inclined to be weaker as supplies more than sufficient to moot demand. Beef in fair demand. Wethers, light Bld to 91d, heavy 7d to 8d : ewes, 6jd to 13d, seconds llgd to 12.1 d, Australian 101,d to U.ld, Argentile 91d to lOd ; ox hinds to s|d, fares 4 .Li to 4Jd ; cow hinds 4jjd to sd, foras 4d to 4£d.”