COMMERCIAL.

Taranaki Herald, Volume LXVII, Issue 16448, 30 May 1919, Page 7

COMMERCIAL.

LONDON MARKETS. By Telegraph—Press Assn.—Copyright. LONDON, May 28. Tallow. One thousand and sixty-six casks were offered, and 800 were sold. Mutton: Fine 102 s, medipm 96s 9d. Beef: 101 s 6d and 91s 6d, mostly for the Continent. It is believed the ultimate destination is Germany. It is expected that control prices will be reunposed. . AUSTRALIAN MARKETS. SYDNEY, May 29. Oats.—Algerian, feeding os 2d. to 6s 3d, milling 6s 6d; Tasmanian, 5s 9d to 6s. Barley.—Cape, 5s to os 3d. Maize, 7s 9d. Potatoes.—Tasmanian, £l4 AOs to £ls 10s. Onions, £l7. ADELAIDE, May 29. Oats, 4s 6d to 4s 7d. (Received May 30, 13.50 p.m.) Barley.—English malting 5s fid to 5s 7d; Capo 4s to 4s Id. Oats.—Algerian milling 4s 7d to 4s Bd, feed 4s 4d to 4s- fid. Potatoes. —£9 to £9 10s. Onions.—£l3 to £l3 10s. FARMERS’ FERTILISER COMPANY. Per Press Association. AUCKLAND,UVIay 29. At the annual meeting of the New Zealand Farmers’ Fertiliser Company, the report etated*”that the cost of the works was estimated 9-t £218,000, accounted for by the decreased purchasing power of the sovereign and the increased cost of materials. - The balance-sheet, to March 31 showed £17,544 for which there was no visible asset. This penditure covered 31 years, and was generally accounted for by preliminary expenses and brokerage. Generally epeaking, affairs were more satisfactory than anticipated by some shareholders. Dissatisfaction was expressed by southern delegates that the southern districts were net represented on the directorate. The explanation given was that this would' mean an. alteration in the articles of association. The directors were quite willing to make such provision as soon as possible. The report and balancesheet were adopted, and a cordial vote of thanks was accorded to the directors for the manner in which they had conducted the business of the company.

AUCKLAND SHARE MARKET.

QUOTATIONS.

■HOIAL TO HERALD. AUCKLAND,, May SO. Messrs. Hendry and Hay (E. P. Webster, local agent), report the following Stock Exchange quotations and salesi—Sellers. Buyers. & s. d. £ s. d.

/ADDINGTON MARKET. CHRISTCHURCH, May 28. At Addington market there were moderate yardings of fat cattle and fat lambs. Thgje was a small yarding of sheep and fair entries in other departments except store cattle and pigs, in which very few were offered. Fat lambs and fat sheep advanced a further Is and Is 6d per head. Prime fat cattle were also firmer, but much of the yarding was unfinished. There was little or no change in other classes of stock ,except yealers, which were dealer.

Store sheep: Two-tooth ewes, to' 22s Sd; four, six, and eight-tooth ewes, 21s 10d’ to 25s lOd; south-mouthed ewes, 17s 4d to 17s lid; two and four-tooth wethers, 245; four and six-tooth wethers, 2os 4d; sound-month wethers, 21s; ewe lambs, 17s 6d; mixed sex lambs, Ids 7d; wether lambs, 13s Id to las 2d.

Fat lambs: Extra prime, to 345; prime, 29s to 32s 6d; medium lambs, 23s to 28s fid; lighter Jambs, /17s 3d, to 22s 6d.

Pat sheep; Extra prime wethers, 445; prime wethers, 34s fid to 41s; medium wethers, 30s to 34s fid; lighter wethers, 24s fid to 29s fid; extra prime ewes, 395; prirqo ewes, 31s to 34s fid ; medium ewes, 23s 6d to 30s fid; lighter ewes, 15s to 235.

Fat cattle: Extra prime stores, to £25 7s fid; prime stores, 15s to £l9 -ss; ordinary stores, £9 17s fid to £l4; extra prime heifers, to £l6 7s fid; prime heifers, £9 15s to £l4 os; ordinary heifots, £5 10s to £9 15s; prime cows, £lO 5s to £TS 12s fid; ordinary cows, £5 10s to £lO Is; vealers, runners, £5 9s to £7 7s; good vealers, £3 8s to £5.; fair vealers, £? to £2 19s j, small and inferior sorts, £1 to £1 lf>s; dairv cows, £7 to £l7 ss. Pigs: Choppers, £6 to £8 2s; baconers, £4 5s to £6 15s, equal to per lb: porkers, £2 7s to £3 10s, equal to 10-Jd per lb. HAIRS PRODUCE. The local market prices this week are as follows; Buying. Selling. Eggs 2 11 3 2 Dauy Butter (pats) 13 14 Registered Dairy Butter 14 16 Japanese enterprise in trading matters is becomisi? more conspicuous, and the decline in freights is the predominant factor which places that country on a- basis which will check competition in other directions to a considerable extent. For certain lines of goods c.i.f. quotations 1 from Japan are based on freight rates of _2ss to 28s per ton. This low rate is limited a tramp steamer, but if Japanese shippers are prepared to operate on this basis now it looks as if they meant to capture Australian trade orders. At one time up to 418 s was the freight named for the same class of merchandise. The general cargo rat© per non-subsidised Japanese steamers is still 150 s per ton, against 280 s in July last, and by subsidised vessels 90s per ton. Japanese manufacturers’ representatives in Melbourne have indicated, says the Melbourne Argus, very low prices for some of their wares, and a fear has been expressed in business circles that dumping of Japanese goods in Australia may lake filafi®*

M^iin^2 5 0 2 4 0 Junction Talisman ...... 0 13 9 0 13 0 0 8 2 0 7 10 Banks— 13 16 0 New Zealand ' Insurance — 0 National — 3 14 New Zealand 13 17 6 13 13 0 South British .... — 7 15 0 Coal— Tnupiri — 0 18 > 3 Shipping— Northern Steam 0 17 0 0 15 6 Miscellaneous — 9 Auckland Trams 1 2 0 1 1 Auckland Trams, prel Wilson’s Cement 0 18 6 0 17 9 0'19 0 0 16 11