COMMERCIAL.

King Country Chronicle, Volume V, Issue 334, 4 February 1911, Page 5

COMMERCIAL.

STOCK SALES. The New Zealand Loan and Mercantile Agency Co , Ltd., report: We held our usual monchly sale at Te Awamutu on -January 291 hj, when 923 head of cattle, including about 500 eaives, came forward. There was a large attendance of buyers from all parts of Waikato and King Country. Prices .-bowed an advance on last sales, anil we effected a total clearance. Prices: Fat cows £-~> 2s nd to .1") IS?, cows in forward cundition £4 2s (vd to £1 P-'s, store cows £2 15s co x:\ 7s lid, 3 year steers £-1 las to £•"> 3s, IS months steers £3 lis to £3 15s, la to IS months empty heifers £3 to £3 as. best cavles o2s (3d to oils, medium calves 27s to 30s, weaner pigs 12s to Ms. slips ISs, trap mare £is"los, double buggy £2l. At Ohaupo, on Tuesday we submitted (320 head of cattle. There was a good demand for steers from 18 months upwards. Calves were dull of sale. Prices—Fat steers £8 17s, 21 to 3 year steers £4 14s to £5 2s, ifyear steers £4 2s 6d to £4 10s, IS month steers £3 2s 6d to £3 13s, calves 2Ss Od to 335, 15 month heifers £2 15s to £3, fat cows £4 15s to £5 10s, cows in forward condition £3 12s to £l, store cows £2 12s 6d to £2 17s 6d.

We held a sale of cattle and sheep at Te Kuiti on Wednesday, 25th January, when (352 head of cattle and 13,000 sheep were yarded. There was a good demand for steers of medium age and heifers, but calves were not wanted. Sheep sold nolidly at good prices. Fat cows made from £5 to £5 15s, 2i year steers £4 10s, 15 to IS month steers £3 to £3 10s, heifers £2 ISs to £3, calves 40s to 41s, 2 tooth wees 15s to 15s (3d, 6 and 8 tooth ewes 12s lOd to 15s 2d, 6 tooth ewes 16a tid to 17s, f.m. ewes 6s lOd to 7s lid, fat wethers, 2 tooth wethers 12s 3d, 4 tooth wethres 13s 3d, shorn lambs 6s to 8s 6d. We held our opening sale at Ohura in Mr Howie's yards on 27th January, when over 3000 sheep were penned, and sevreal lines of cattle. A good demand existed for the sheep, which all realised most satisfactory prices. Cattle were dull of. sale. Two tooth ewes brought 16s (3d to 17s 6d, f.m. ewes 6s lOd, shorn lambs 7s lOd, 2 and 4 tooth wethers lis 9d to 13s 7d, 6 tooth rams 1* to 1J guineas, weaner pigs 10s, medium draught mares 4 years old broken to chains £l7 10s to £25, cobs and hacks £4 15s to £9 ss.

LONDON MARKETS. The High Commissioner's cable, dated London, January 28th, is as follows:- - Mutton—The market is dull. Trade in all cases has been very slow, and prices have barely been maintained. North Island 4d. Lamb—The market is quiet, as the result of heavy arrivals of New Zealand. Canterbury 5.? d, other than Canterbury 5-Jd Argentine 4}d. Beef—The market is firm. Stocks of New Zealand on hand are light. New Zealand hinds 3;5d, fores 3id. Butter—The market is very unsettled, buyers holding back, expecting prices to go lower. There is a large supply on hand. Choicest New Zealand 105s. Australian 101s, Danish 115s, Siberan 100s. Cheese—The market is firm, with good demand. Coloured 60s, white 58s. Wool The market is firmer, and confidence is again returning. CANTERBURY WOOL SALE.

The fourth wool sale of this season's series was held on Thursday morning, : when there were 4472 bales offered. There were a number of new clips in the catalogues, but a good deal of the wool offered had been passed in at the previous sale. There was a large attendance of buyers, and the sale had a much brisker tone than the last one and competition at times was very keen. Merino wool showed a decline, as the local woollen mills were not oeprating very actively, and ths reserves were beyond the limits of outside buyers. There was no superhalfbred offered, but medium halfbred and crossbred was well competed for, and in soma cases sold at Ad more than was offered at the last sale. There was also a good demand for pieces. A proportion of the wool passed in was not nearly so large as the previous sale, except in the case of merinos. The range price obtained was:— (Imny merino <i.|d to 'J.td, medium halfbred lud to 11 .Id, inferior GAci to <J ; ;d, Corriedale TAd to 10|d, threequarter bred r.kl to !Ud, medium crossbred Hd to !>Ad, inferior ful to 7.1 d, long wool (Id to Si!, Down woo! 7*d to 9[d, merino pieces -l;d to ( Jd. best j halfbred pieces SUI to lOjd, second pieces :>d to SUI, crossbred pieces yd, u, i;:..l locks 2d to Okl. |