COMMERCIAL.

Taranaki Daily News, 12 January 1920, Page 7

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright. London, Jan. S. Copper.—£ll6 12s 6d to £ll9 2s 6d; electrolytic Ingots £124, wire bare £126. Tin.—£3s9 5s to £361 ss. Lead dropped one eighth, spelter one half and silver one eighth. P. and 0. shares, £585 to £605. The Imports for 1919 of Australian and New Zealand wool into the United Kingdom totalled 2,529,3"2 bales, compared with 852,874 the previous year. London imports amounted to 1,553,014 bales. At the tallow sales 2034 casks were offered and 1582 sold. Mutton, common sorts, advanced 2s: fair beef, mixed 4s; mutton 109 a to 102s; beef 118s to 102s. Tin. —Stocks 21,491 tons, on spot 1800 tons, afloat 2728 tons, deliveries 2340 tons. LONDON MARKETS. P.eceived Jan. 11, 5.5 p.m. London, Jan. 8. Wheat.—Active. Good demand for Australian on passage cargoes parcels. Several sold at 61s; little offering at spot. Flour.—Quiet and steady. Oats.—Firm. New La Plata spot 555. Peas and Beans—Quiet and unchanged. Australian barley Is in good demand. The Food Ministry has Instructed millers to increase the extraction of flour from Australian wheat to 80 per cent. Bradford wool is quiet pending the opening of the London sales on Monday. Sugar—Unchanged. PEEL RIVER CO., Received Jan. 11, 5.5 p.m. London, Jan. 9. The Peel River Company's profit is £74,704. The Company carried forward £38,704. The directors proposed new articles of association empowering them to extend operations to any state In Australia, New Zealand, or South America.

The N.Z. Loan and Mercantile Agency has received the following cablegram from their London house under date January 7, 1920: We Quote present spot values for the following descriptions of tallow: Fine mutton £5 8s per cwt, good heef £5 6a per cwt., mixed £4 16s per cwt. Good demand. Market Arm. LOAN AND MERCANTILE REPORT. On Monday, at Kakaramea, we held our first rale of the year, when there was a small yarding. Prices were on a par with late sales. We quote: Store pigs £2 5s to £3 Iss, store cows £6 15s to £8 10s, bu'ls £4 5s to £lO 2s fid. At Ettbam, on. Wednesday, there was a fair yarding of cattle, but sheep were penned In larger numbers .than usual. Competition was keen throughout, and a total clearance was effected under the hammer. We quote: Lambs 5s 7d to 12s 2d, f.f.in. cwe3 23s 4d to 25s Id, aged ewes 13 3s, 4-tooth maiden ewes 245, forward ewes and wethers 31s 6d, store pigs, small £2 18s, weaner pigs 31s to 365, bulls £7 10s to £l4, store cows £8 5s to £lO, light ditto £6 Is to £7 15s.

On Thursday, at Hawera, there was only a moderate yarding of all classes of stock. Bidding was brisk and a total • clearonco was effected. Prices were:. Store pig 3 (small) £2 10s to £2 17s 6d, weaner pigs Igood) 37s 6d, fat wethers £1 18s, lambs 9s to Us 7d, bulls £5 to £l2 15s, fat cows £l2 8s to £l3, forward cows £lO lis, store cows £7 2s to £lO Is, light ditto £4 to £6 15s, dairy haifers £lO 7s 6iV, cows £ls 10s, 15months heifeT3 £7 lis, mixed weaners (Shorthorn) 365.