COMMERCIAL.

Sun (Christchurch), Volume III, Issue 793, 25 August 1916, Page 6

COMMERCIAL.

STEEL CORPORATION STOCK. By Cable. — Press Association. — Copyright. Australian and A'.Z. Cable Association. NEW YORK, August 23. United States Steel Corporation common stock lias reached 'JO?—a new record. AUSTRALIAN MARKETS. By Cable. — Press Association.—Copyright. SYDNEY, August 24. Oats, Algerian feeding 2/6 to 2/7, milling 2/8 to 2/9, Tasmaiiian white 2/10 to 3/-; barley, .'!/6 to 4/-; maize, 3/- to 4/3; potatoes, Tasmanlan, £7 10/- to £9; onions, £4 to £5. ADELAIDE, August 24. I Bran and pollard, unchanged; oats, 1/9 to 1/10. MELBOURNE, August 24. Hides.—There were small supplies. Lights and mediums were somewhat iirmer, but i heavies (with no substance) and lights met j a dragging sale. AUSTRALIAN SILVER. EXPORT PROHIBITED. By Cable.—Press Association. — Copyright. MELBOURNE, August 23. A proclamation prohibts the exportation of silver without permission. CLEARING SALE AT WEST MELTON. Instructed by the trustees in the estate of the late Mr George Sandrey, Messrs Pyne ! and Co. held a clearing sale of stock and I implements at the homestead (West Meltonl. The sale attracted a large attendance of buyers from all parts, and all lots were I keenly competed for. The sheep were in ! good condition, as were also the horses, j There was no offering of cattle. The principal sales of sheep were as follow:—189 I wether hoggets 22/6, 101 wether hoggets 21/-, i7l four-tooth wethers *(/•, 161 ewe hoggets 126/1, 88 fat and forward ewes 22/-, 12.1 ] sound and failing-mouth breeding ewes 34/-, 131 ewes and new season's lambs 19/1 all counted. The draught horses were a very I fine lot, and good prices were obtained, averaging £34 10/-. Sales were:—One bay mare £4O, I bay gelding £3l, 1 bay mare £4O i 10/-, 1 bay mare £33, 1 bay gelding £3B, 2 j bay mares £2. r > ;yid £3O respectively. A ; chestnut gelding hack brought £lO 10/-, and a bay pony £7. There was a large ouan ! tity of implements and sundries offered, all i ol' which sold well. A three furrow plough brought £2f>, Cambridge roller £l7, Duncan I drill £SO, several drays from £8 5/- to £lO .")/-. and a quantity of feed oats from 16/6 to 19/- per sack. LONDON MEAT PRICES. j Messrs Kaye and Carter, Ltd., are in re- ; ccipt of cable advice from Messrs Gilbert Anderson and Co.. London, advising them l that the prices of New Zealand meat have I been lixed by the Hoard of Trade: Lambs ; Old, ewes B|d. Further, they state that Argentine meat. being foreign, is not controlled by them. fhe difference of price is caused by short j shipments from New Zealand. TALLOW. ! The follow inn is a copy of a cablegram received by l>alget> and Co., Ltd., from I tluir London office, dated August 23: The market is inactive, and no auction | was held this week. Mixed tallow is iionii nally 3d to lid tier cwt lower. There is no inquiry for mutton tallow.