COMMERCIAL.

Taranaki Daily News, 27 July 1922, Page 3

COMMERCIAL.

LONDON WOOL SALES. PRICES MAINTAINED. By Telegrauh.—Press Assn.—Copyright. Received July. 26, 9.15 p.m. London, July 25. At the wool sale there was a much better selection of merinos, and good all-round competition, especially for the finest. and prices were fully maintained. Crossbreds met a strong market at last week’s price levels. Sew Zealand W.M.E. Co. realised 19 %d. CROSS AND BLACKWELL’S BIG LOSS Received July 26, 9.15 p.m. London, July 25. Cross and Blackwell’s lods for the year was £1,072,000. The chairman reported at the annual meeting that the losses were largely due to the duty on sugar exceeding the value of the commodity. It was, be said, difficult for jam manufacturers to compete with margarine. The company is claiming half a million excess profits duty from the Government. WHEAT PRICES. Received July 26, 9.15 p.m, London, July 25. Wheat cargoes are firm, but inactive. Steamer parcels are steady. The Medic’s shipment, on passage, sold at Liverpool for 53s 6d. THE STOCK MARKET. PRICES AT WESTFIELD. By Telegraph.—Press Association. Auckland, Last Night. Prices at Westfield to-day were:— Beef.—Average yarding; prices again in advance and 10s to 12s higher than last week’s: extra choice ox to 26s per 1001 b., choice ox 20s to 245, others 17s to 19s, plain 14s to 18s: choice young cow and heifer beef 19s to 235. good 14s to 18s. plain 10s to 13s. Calves.—Fair yarding and prices better than last week: runners £2 10s to £3 15s, heavy vealers £2 5s to £3 ss, lighter £2 to £3, others 25s to 37s 6d; fresh droppers 4s to Bs. Sheep.—Medium yarding and prices the same as last week: extra heavy wethers 28s to 335, good 25s to 28s 3d. others 19s to 235: Oest ewes 22s to 265, good 18s to 235, others 12s to 17s. Pigs.—Average yarding and prices improved; baconers £3 to £4 ss. porkers £2 to £3, ‘ choppers £3 to £4 10s, stores 28s to 30s. Lambs.—Smaller yarding and ready demand; beat to 275. good 24s to 265, others 19s to 225, unfinished 13a to 17s. AUCKLAND SHARE MARKET. Auckland. Last Night. Sales.—WWr Loan. 1930. £94 17s 6d. 1927 £95; Bank of New Zealand. 52s 6d; Union Bank. £l3 3s 6d; Hikurangi Coal, 9s 6d; Northern Steam. 13s. contributing 5s 9d: Kaiapoi Woollen 10s. paid up 12s lid; Auckland Trams. 17s 6d; Waihl, 29s to 28s 9d; Grand Junction 9s Bd.