COMMERCIAL.

King Country Chronicle, Volume V, Issue 339, 22 February 1911, Page 5

COMMERCIAL.

LONDON MARKETS. Tlic Now Zealand Loan and Mercantile Agency Co., Ltd.. have received the following cablegram from their Londouhouse, tinder date loth inst. :• Tallow: Present spot values for the following descriptions of tallow, good mutton, 30s lid pier cwt. ; good beef, ;Hi3 per ewt. ; mixed, Ills 3d per cwt. ; market quiet. Wheat sold at 31s lid, e.i.f.. Australian cargo; very little demand; outlook discouraging. Oats: Cartons, is? 3d, sparrowbilis 17s (id; market quiet but steady. .Messrs Dalgety and Co., Ltd., are in receipt of the following cablergam from their London office, under date loth inst. :- Frozen meat: Very dull; lamb, id to Id lower, except Canterbury, weak at last quotations; expect if any change in prices takes place it will "be in favour of buyers. Mutton: One sixteenth of a penny lower. Beef: Fores and hinds in demand, owing to heavy supplies of chilled. Tallow: In general par to 3d lower; decline is chiefly on qualities of a lower and inferior description; c.i.y. buyers are holding back expecting to do better later on. Butter Market: steady at present prices; imports into Cnited Kingdom for week ending Saturday last 120,000 as compared with 020,O(icwts. for same period last year; finest Australian unsnlted 9Ss to Is more, finest Australian unmalted ]()ls, second quotations pressed for sale at less money: New Zealand salted mis, exceptional 10fs; Danish vrey iirm at 1225. Cheese: Demand entirely for immediate delivery; coloured 595, exceptional quality 6d to Is more, whilte from "His to Is more. The butter market is dull at present prices. The Copenhagen official quotation is four kroners higher.

STOCK MARKET.

The Farmers' Co-Operative Auctioneering Company, report:- - At To Kuiti on February "15th, nothing like the entry anticipated came forward. Owing to continued dry weather and bush fires settlers thought it advisable to hold stock back, and as sheep prices were low it was iust as well the entry was small. Cattle, however, sold wonderfully well, and the whole yarding was disposed of at very good rates. Two thousand sheep and 631 cattle comprised the offering. Aged e/wes made Gs 6d to 956 d, shorn lambs 5s Gd to 7s, woolly medium lambs •6s 7d, fat and forward wethers 14s 3d to 16s, forward two tooth wethers 12s to 133, small store wethers 10s 9d to lis 6d, forward three to three and a half year steers £G 2s to £7, fresh two and a half and three year steers £5 9s, two year steers £3 ISs, choice 18 months steer £3 5s to £3 10s, 15 month steers £3, 15 months to 18 months heifers £2 li's to £3 ss, good steer calves 40s, good heifer calves 375, medium sorts 26s to 303. At Hamilton on February 16th, there was a good entry ot sheep, chiefly fat ewes, but the demand was limited. There was a smaller entry of cattle than usual, and prices were fairly good. Fat ewes sold from lis to 12s, fat lambs 10s 6d to 13s 6d, fat wethers 15s to 16s. Pigs: Large entry, porkers 30s to 425, good weaners 9s 6d to 12s 6d, slips 13s 6d to 225, small weaners 3s to 6s, wellfattened steers, medium weights £S to £8 7s 6d, small steers £6 17s, fat cows £5 to £5 16s, forward cows £4 to £4 10s.

Messrs Dalgety and Co , Ltd., report as follows: — On the Kith inst. we held our first sheep fair at Ohaupo, when about (>s(i() sheep were yarded, being -HIOU short of entries. The competition for wethers and lambs was very good, also for a few lines of ewes, but the majority of the latter were passed in with little or no bidding. We, however, were successful in disposing of a good many of the lines afterwards. The attendance was not

great, but those present were ail buyers, and the sale was spirited from the start to the finish. We quote — Four to uth wethers Ms ud. forward 2th wethers ids Sd, store wethers 12s to 12s ad, others lis o\l to lis (id, lambs 7s -Id to Ts lid, small as 7d to (is :;d. :Ith ewes Ms lid to Ms, 4th ewes lf.s tid, -1 and o year ewes from Hawke's Bay Ms del, local 8s 2d to Us, culls -Is 5d to 7s Id.