COMMERCIAL.

Taranaki Daily News, Volume XLVI, Issue 187, 12 August 1904, Page 4

COMMERCIAL.

NEW ZEALAND LOAN AND MERCANTILE AGE\(!Y Co., Ltd. WEEKLY'MARKET REPORT, AUCKLAND, August 10. Horses.—Have been in steady demand, the supply of t .-i.se of a" jgiood stamp being insufficient for requirements An average number was entered for disposal a t the Durham yards on Friday last. Bidding fluctuated, but on the whole prices were slightly in favour of the vendor. We quote .—Heavy draughts £26 to £39 15s, medium do. £l9 10s to £25, light harness do., £lO 10a t 0 £2O ss, hacks £6 10s to £lO 10s. 1 Cattle.—At tho Newmarket yards on Tuesday dairy and stole cattle were yarded in usual numbers. There, was an average yarding of beef, the ■jotnpetitiou being extra keen. Ox beef sold to 25s and cow 19s t 0 22s per 1001b. 'Fat steers made from £6 10s to £ll 17s 6d, fat cows £2 15s to £8 ss, dairy cows £5 5s to £B, empty do. £2 15s to £4 ss, calves £1 lis to £2 17s. Sheep.—The Newmarket yards were well filled on Tuesday, sheep selling at late values. We quote :—Fat wethers from 13s 9d to 255, fat ew« 12s 6d to 245, hoggets 4s 4d to 15s. Pigs.—Woanera 7s (id to 15s, porkers £1 4s to £2 9s, h&coners £2 17s to £3 12s 6d. On Thursday we held a clearing sale of live and dead stock on account of Mr Rupert J. Stevenson, Bombay. There was a large attendance, and satisfactory ' prices were realised. The Shorthorn cows sold from 6J guineas to heifers 7 to 16 guineas, calves 5 to 14 guineas; eWes and lambs 14s 4d to 17s 6d ; bulls (yearlings) 6 to 11 guineas. On Monday we held a special sale of dairy cows at Papakura, when we had a record yarding of over 550 cows. Competition for those close to " calving was keen, but backward and inferior sorts were somewhat neglected. Springers Sold from - £6 5s to £B, heifers £5 5s to £8 10s, backward do. £4 10s to £7. ss. At our monthly sale at Papakura on Wednesday we had a good yarding of all descriptions, with the exception of dairy cows, most of which were held back for the special sale. We quote :—Dairy cows £5 5s to £8 10s, empty do. £3 5s to £4 7s, heifers forward in calf £4 5s to" £6 10s, grown steers £5 5s to £6 15s, two to three year olds £4 5s to £5 15s, calves £1 lis to £2 17s, beef at Newmarket rates.

We submitted an average catalogue of hides and skins' om Tuesday. Hides.—Market firm at late rates. We quote :—Prime ox, none offering; extra stout 6Jd to 6|d, stout s}d to Cid, medium sjd to s|d, light 4jd to sd, stags 3d to 3jd, kip 4d to -ijd, calfskins 5d to sjd, cut do. 4d to 4Jd. Sheepskins.—Markot firm. Best lo- ] cal butchers' 4s 6d to ss, country butchers' 3s lOd to 4s 9d, small and damaged 2s 6d to 3s 6d. - TaKow.—Market dull. Best lines, in shipping casks, 17» 6d to 18s, broken casks and packages 16s 6d to 17s 6d, seconds 13s to 15s, rough fat Hd. Bones.—£s. Tails Is sd. Horsehair Is to Is 3*d. Maize.—A strong demand from the South has finned up prices, which have advanced Is per bushel. [ Oats.—Firm at last week's quotations of 2s ex store for B grade. Chaff.—Very firm at late rates. Potatoes.—ln good demand at £2 15s to £3 ex store. Butter.—No change to. report. Dealers are working on stored stocks and good farmers' and separator in limited supply. Good lines worth 8d to BJd, pooi' 7d per lb. Cheese.— v n better demand, but prices remain unchanged for factory. Farmers' make still plentiful, but of poor quality. DUXEDIN GRAIN MARKET. DL'NEDIN, August 10. Wheat.—The demand is good, butt millers consider prices too nigh, and therefore business passing is- not large. Fowl feed is scarce. Prime milling 3s 2d to 3s sd, mod Sum to good 2s 9d to 3a Id, best whole fowl feed 2s 7d to 2s Bd, broken and inferior 2s Id to 2s Gd, sacks extra. Oats.—There has been good inquiry for A and U grades, but the quantity readily available is not large, and business is restricted to inferior, which is slightly easier. Prime milling Is 74d to Is 9d, go 0 d to best feed Is s}d to Is 7d, and inferior Is Id to Is 4d. Barley. There is not a great demand. Prime milling 3s to 3s 6d, medium 2s 6d to 2s lOd, and milling Is 9d to 2s 3d.

DENMARK PRODUCE IN ENGLAND. New Zealand producers will (says trie London correspondent of the Evening Post) doubtless <be interested to learn the position which is occupied in the Home markets by Denmark—ono of the colony's greatest competitors. The report of Captain Jame» Boyle, the British Consul at Copenhagen, states that trade in Denmark was fairly prosperous in 1903. The value of the exports of Danish goods (consisting princiiVally of •aigriculttinal produce) was ■ £19,585,600, or £1,811,100 more than for the corresponding period last year, while the value of the imports was £24,702,800, a rise of £622,200 on the figures for 1902. The trade balance against Denmark for the past year was thus £5,117,200. The total exports of butter from Denmark was l,9Bo,ooocwt.—or about 250,000cwt more than in : 1902, and this increase is almost exclusively due to the increased production of butter in the country. Of the total export of butter, some l,Bßo,ooocwt. were shipped to the United Kingdom, where the groater part of it, namely, 1,771,600cwt., was consumed. Attention is being paid by Denmark to its egg industry, and Captain Boyle states that the greatest care is being taken byall shippers not to send any stale eggs ; the total export of eggs last year amounted to 23,220,000 score, or 1,740.000 score moro than in 1902. During tho year about. 1,400,000 pigs were converted into bacon and exported, of which the United Kingdom bought 1,533,100 cwt. worth £4,290,000. As ft shining example of what can be done by cooperation in agricultural produce, it is noted that the co-operative creameries have 150,000 members, co-oper-ative slaughter-houses have 67,000 members, while there are 65,000 members of export egg societies. The exports of the co-operative societies, in fact, amount to 57 per cent, of the total shipments from Donmark. In addition there are co-operative societies for the purchase and distribution of goods in the country, with a membership of 200,000 persons. The total memtwahip of co-opera-tive societies is thus 482,000. or an increase of 82,000 members sines 1901.