COMMERCIAL.

Taihape Daily Times, Volume 7, Issue 64, 14 November 1914, Page 2

COMMERCIAL.

WOOL SALES. AN ADVANCE IN PRICES. CRHISTCHURCH. November 12. At the wool sales there was a large attendance. Bright, lustrous wool shewed an advance cf Id to lid, halfbred made Sir! to 14id, and three-quarter-bred B.\d to ISM, and crossbred 8:;d to lliid, Corriedale IOJd to 1-4 id, Down 10id to 12id. AUCKLAND STOCK SALES. The N.Z.L. and M.A. Co. report; At Westfield yards on Wednesday fat cattle were again yarded in very large numbers, competition being keen, the market, had a firmer tone for steers. Prime oxen sold at from 38s to 395, others 35s to 37s 6d, cows and heifers 34s to 33s per 1001 b. Steers sold .t from £8 10s to £lO 15s, cows and heifers £5 to £ll 12s Od. A draft of 10 steers from Mr. Alt. Main, Tamahere, averaged £ls ISs, and nearly all the Waikato consignments averaged over £l3. Calves were yarded in record numbers, and sold at improved rates. Heavy weight £4 10s to £5 15s, medium do, £3 to £4 4s, lighter £2 2s to £2 ISs, smaller 23s to £2, smaller and fresh-dropped 3s to 20s. Sheep were again yarded in extra large numbers, and owing to the Southdown works being unable to take an} r for freezing tins week, thus stopping the freezing buyers operating, prices were lower from Is to 2s per head. Best wethers sold at from 20s to 24s 3d, others 17s 6d to 20s, heavy ewes, extra heavy, 21s to 23s 9d, others 15s to 20s 9d, hoggets 14s 6d to 18s 9d. Lambs were penned in large numbers, and sold at late rates. First quality, 17s 3d to 10s, •others 13s 3d to 16s Gd, store do. 8s 9d to 12s 9d. Pigs wore penned in i large numbers, and sold at late rates. I Baccncrs sold at from £3 3s to £4 Is, ■ large porkers £2 10s to £3 Is, porkers £1 5s to £2 ss, slips 15s to 235, weaners 5s Cd to 15s. AUS T R ALIA N PRODUCE. MELBOURNE, November 13. Oats 3s 5d to 3s 7d. Barley, English, 5s 6d to Gs; Cape M 4d to sa. ; Maize, 4s Id. Potatoes £6 10s to £7 | 10s. Onions £lO to £l2. LONDON, November 12. Short loans 11 per cent. Rate of ; discount cn three months' bills. 2 15-10 i per cent. j Sugar.—Foreign granulated 27s Od. ! Wool. —Bradford crossbreds firm, i Merinos firm for on the spot, but i slightly easier for futures. Wheat is quiet, at 5,1 lower, with practically no bidding. Australian, • landed, 50s. Flour is quiet, with Australian in store at 36s to 36s Gd. Barley i s firm. Butter is firm and steady, with a demand for colonial. Choicest Victorian salted, 124 sto 1265, unsalted 126 s to 12Ss, New South Wales and Queensland salted 122 s to 1245, unsalted 124 to 1265, New Zealand 128 s to 130 s. Cheese firm, Canadian being 755. GENERAL STOCK SALES. A-t Levin —Medium wool hoggets 15s 9d, shorn ewes and lambs, 225, shorn and fat ewes 18s Id to 19s Gd; empty heifers £3 to £3 15s, yearling heifers £2 to £2 2s, 15-month Holstein cross heifers £3 2s Gd, yearling steers £3 to £3 7s Gd, fat cows (light) £6 Is to £7, springing heifers £4 10s to £5, two-year-old steers £4 to £4 15s, empty cows £3 5s to £4 10s, cows with calves £5 9s, dairy cows £G 10s to £7, bulls £3 9s to £4 10s. At Walkane. —Three-year steers £6 11s, four-year bullocks £9 10s, full-condition cows with calves £3, cull cows in calf £2 14s. At Taratahi —Cull hoggets 10s Gd, medium down wool 15s lOd, springing dairy cows to £lO 10s, springing heifers £4 10s to £5 10s, fat cows £G 19s to £7 4s, forward cows £4 Is to £4 19s 6d, store cows £3 10s to £3 15s, empty two-year heifers £3 10s to £4, 18-month steers £4, yearling steers £1 18s to £2 17s Gd, yearling heifers 37s Gd to £2 11s, bulls £2 17s Gd to £O.

OUR PRODUCE AT HOME, W. Wedclel and Co. send us their report, dated London, October 2, as follows: Butter. —During the last few days, the market has been much more animated than has been the case for some time past, and buyers are operating with more freedom. Supplies of strictly “choicest” quality are scarce, and a much firmer tone is noticeable. Reserve stocks in cold store are now in small compass and are beingdrawn on freely, an if looks as if prices will advance still further between now and the end of the month. The quotation for Danish butter has risen a further 6kr„ and it now remains to be seen whether the demand in the North of England is sufficiently ctive to warrant this latter advance. Germany, has, undoubtedly, been buying large quantities of Dutch butter, and it is probable that the smart rise in Danish may also be due to the fact that the Germans are taking large quantities of Danish butter. Spot values for best Danish ran ;,o from 138 s to 112 s. Dutch c: ' .-.merics are scarce and in good demud at from 120 s to 122 s for best alted, and 122 s to 124 s for unsalted, 'he s.s. Borodino has just arrived at Bull with about 22,000 casks of Siberian butter on board, and provided the finality is satisfactory these goods should reach a very good market. Today’s values are given as 118 s to 122 s

i few arrivals of Australian butter durj ing the last fortnight have sold well, 1 and at the close of the week there are i nuemous enquiries for anything sweet j and clean ex cold store, and prices i are fully 2s to 4s per cwt dearer than | last week, and can now be quoted at 120 s to 124 s for salted and 122 s to 12Gc for uusalted. Tn the absence of arrivals of New Zealand butter, quotations are mere or less nominal, but i for a few lots of really best quality, as | high as 132?, is now being asked. I Irish creameries have been attracting | more attention, and during the last few day 3 quite large business lias been put through for choicest salted at 124 s to 126 s and for unsalted at 126 s o 130 s, bu here are cheaper offers for cold sored parcels. Cheese. —The marke is fully 2» per cwt. firmer for best Canadian, and today's values re about 75s to 76s for best Western cheese, both white and coloured, and very little cheese of any description can new be bought under 745. The statistical position is very strong and stocks in this country are probably 30 per cent, to 40 per cent, less to-day than at the same time last year, and another important factor in the situation is the enhanced value of meat which to-day is fully 2d per lb. dearer than when the war broke out, and is likely (o go still derer. PALMERSTON NORTH SALE. Dalgety and Co., Ltd., report: At our Palmerston North sale on Thursday, 12th hist., we offered a good yarding of cattle to a large attendance of the public. Quotations: Fat cows £7 to £7 15/; yearling to 20-months steer s £6; 3-yr. steers £6; 2-yr. heifers £3 10/; yearling bulls £3 to £3 15/. MANGAWEKA SALE,. At our Mangaweka sale cn Thursday. 12th hist., wo have to report having a very gccd.entry of cattle, practically all cf which changed hands :d the following prices; Dairy cows ;C-1 ,10/ to £6 10; bulls to £3 18/fi; light fat ccws to £0 12/; three and three and a-haif year bullocks £8 10/. lino of 07 throe and three a-lialf year bullocks realised £8 15/.