COMMERCIAL.

Taranaki Daily News, Volume L, Issue 59, 11 May 1907, Page 4

COMMERCIAL.

HOME MARKETS. London, .My S. Wheat.—'llic American visible supply is 711,0110,000 bushels. At the tallow sale- 124' i casks offered and 1231 sold. Mutton, fine 30s (id, I medium 34s (id. Beef, line, 35s iid medium 33s (i,l. Wool.—A splendid sale. l'rici's tor all sorts li ive advanced. Iron, 00s Hit Lead, tl!) 12s lid. Silver, 2!) 15-liid. Wellington, May '■>. The Deparimem of Industries and Commerce lias received the following cable from London, dated Slh inst.:— Mutton market quiet, and no change o report; lamb market firm: light-weigh's 4>/ 4 for Canterbry, and other than tlanterbury 4i/ 8 d; heavy weights, Cuuerbttry s'/ 2 d, and other than Canlcrliurv si/ s ,l. Better ileniiind for beef; stocks of New Zealand on hand light; prices ruling are 3%d and 3>/jd for hinds and fore* respectively.

A fair demand for better grade- of butler, ehoieest New Zcalind at H7s; Danish 102s.

Cheese market steady, with improved demand at 02s.

Hemp market quie' but firm; good fair grade on spot. .£33 Ids; May-June shipments, £33 10-; fair grade oil spot £3O.

ADDINGTON MAliliET* Christehureli, May S. At the Addington live stock market to-day the emiies of almost all classes of stock were large, and there, was a numerous attendance. Prime fat cattle maintained Yheir values. Store sheep again sold well, and fat lanrbs were firm at the previous week's rates* Prime fat wethers were firm and good ewes also sold well, but inferior sorts were easier. There was again practically no sale "for store cattle, but dairy cows were in good demand. Pigs of all classes were firmer.

There was a large yarding of store sheep and good competition for all classes, lambs and breeding ewes being in demand, but wethers if anything were a shade easier. Wethers sold at 13/0 to 17/, young ewes 15/ to 17/. sound •mouth 10/ to 14/4, lambs 8/0 to 13/9. The fat lamb pens were well filled, tile quality being chiefly prime. AH lots fit for freezing met with good competition, and there was practically no change in values. A few extra prime heavy weights made 24/7 to 25/3, tegs 18/(1 ito 23/0, standard weights 15/ to 18/, and lighter sorts 12/ to 14/0.

There was a large mixed yarding tf fat sheep, of which a large portion was not well finished, fixtra prime wethers sold up to 34/, prime li)/ to 23/0, lighter 17/ to IS/0, prime ewes 17/ to 20/, medium 14/0 to 10/ li. and aged 22/ to 24/.

The entry of fat cattle totalled 31S head, and included some prime lines of heavy weights steers and liglt.weight heifers.

There was a fairly active demand for prime beef, and last week's rates were fully maintained. Among the sales were : For D. Rutherford (Leslie Hills) 14 steers £0 5 to £ll 7/0, 8 heifers .£6 2/0 to £8 2/0, G, Rutherford (Hawwarden), 0 steers £8 17/0 lo £0 5/: A. Birdling (Lansdowne), 14 steers £7 10/ to £ll 2/0. Other steers made £C 10/ to £ll 17/0, heifers £5 o/ to £8 2/fi, and cows £4 10/ to £7 5/, tonal to 22/(i to 20/ for prime ami 20/ to 22/ for medium per 1001b. A large yarding of veal calves sold well, prices ranging from 5/ to 00/, according to siz' and qualhy. The yarding of pigs was rather smaller than usual, and fats showed a rise in price, while stores also met with a better demand. Baconers made 40/ to 00/ and up to GO/ for heavyweights, equal to 4</ 2 d to 4%d per lb; porkers 30/ to 40/, equal to id to 5%d per lb; large stores 20/ to 27/; medium 14/ to 19/; wcauers 8/ to 12/. and smaller 3/ lo 7/0. Dairy cows sold up to £8 2/0. WEBSTER BROS.' REPORT. On Saturday poultry was scarce, and prices unchanged as under:—liens Is to Is 3d, pullets Is 8d to 2s, cockerel* Is to Is lid, ducks (poor) Is 2*l. Fruit.—Apples (cookers) 2- 3,1. to ."is (id, "Five Crown" 0s to 7s, clusters os. russets as Od.

Omata.— ln this ls»uc will be found a notice in connection with our stock sale in this district.

THE WOOL .MARKET

Reviewing the clo*o of tin- last sales on Stlii March, an expert correspondent of the Financial Times said:—Another series of wool sales is just lini-hing, anil it. has heen a first elass lime for growera of the raw material, for the expected fall which many thought would occur in March has again failed io come oil. it can safely he said that until stocks begin to accumulate, or something of an unseen nature happens, prices will not ho. lower. At tiie Same time it is perhaps as well vo utter a word of caution, values being considered hy many people all about at top. The .series under review has been characterise,! hy exceedingly good competition throughout, and all the offering- were never more keenly and per-istentlv competed for. Prices do not show a very great deal of difference when compared with January, but, if anything, all good wools have gone in sellers' favor. The one leading feature has been a readiness to buy on the part of all sections clearly proving that the industry is still enjoying a remarkable degree of prosperity. France, as is well known, has not bougit as liberally in Australia as last season, consequently tine-haired descriptions have received a good deal of support from the French. The Herman buying came as a surprise to many pcople ; but buyers from that quarter express strong confidence that all the wools available will be wanted. Every description of wool has old very freely indeed, brokers having no need whatever to force things on the market. Many are if opinion that for the lime being, ;'t least, prices are about at the top, and they prefer to get through their direct purchases and those made in London before forcing a stronger place. It 's. indeed, questionable if il is wise tii shape a policy which means higher values, for I am of the opinion that price are high enough. Australia is enjoying again another excellent season, which makes it absolutely certain that the clip of 1907-8 will be a record one. Fine wools are undoubtedly the favored article both at Home and abroad, but it seems to many that, with a little patience, there will be enough wool to meet the requirements of machinery until the next Australian dip becomes available.

CrOSsbreds have sold very readily throughout the series, but prices, except for deep-grown, long-stapled bright sorts, are no more than they were in January. Consumption here, is very healthy, and the outlook is fairly good. A good 40's top is still available in Bradford at 17% d to 17% d, and the-e can be made at a profit. The outlook is encouraging simply because, trade is excellent, but in view of the situation in America the financial aspect needs to be carefully watched.

LOAN AND MERCANTILE I*EPOi;r. Auckland, May »■ Horses.—Heavy draughts sold at from £2B l«s Co C'lo. medium ,l.i. CI (I 13s to CiO 10s, hacks ami harness horse- C« as to C2O lUs. At l'apakura dairy cows sold at from £4 5s to £7 10s, empty heifers £2 Is to £:l 7s, two to thrcc-year-ohl steers £2 10s to £4 2s, calves and year lings 'ss to £1 19s. Cattle: At the Newmarket yarls dairy cows sold at from £5 as to £7 12s (id. empty do. CI 17s to £2 13s. heifers CI 12s lid to C-".. calves 15s In .£1 Ss. grow steers £4 5s to £5 |2s (id. Vat, cattle of which there was an average muster of good quality, sold iin<l n r steady competition at improved* rates, nx heef selling at 21s per 1001b. cow 17s to 19s. Steers sold at from £0 3- to £lO 12s lid, cows £3 15s to £ll 10s. Sheep: At Newmarket sheep of ill descriptions were yarded in more t.ian average numbers ami sold well at advanced rales, wethers selling at from 18s f)d to £1 3s !lil. ewes 15s lid to £1 0s SI. hoggets Ss lid to CI 2s3il for tlir first prize takers ai the Cambridge show Pigs.—Porkers sold ai from 15s (id to £1 3s. Iwconers £1 4s to £2 lis, weaucrs 5s (id to 10s (id.

Hides: Market firm at lust week's | prices. Uc quote: i'nme ox S'/jd hi Mil. extra atom do. 7d to 1%, stout do. li r / B d 10 (iy,il, medium do. lid to li,i-i. light do. (i'/o to 5%d. goo 5%d to ."»',■:.<!, wet :>i/ s ii to .v/.d, stubs' 31/,' dto :;■..£,!. kips s'/ 4 d to 5%d, calfskins (id to (i 1 ,,. I. Shepskins.— .Market firm. lies; butcher.-' pelts an,l alnihs, large -Is to Is lid. uiediiiiu 3s (Id io :1s lid. small 2:i lo 3s. Tallow.—Market iiim. Best mixed, for tanners' use, 2(is (id to 28s, good mi\e,l 2."is to 2(is, inferior 23s (id lo 2-!s 3d. rough fat l%d per II). Hones, Mi 15s. Cowtails, Is Sd a dozen. Horsehair, 9>/i to Is !»d per ll>. WILSON AND NOLAN'S REPORT.

Fruit.—Very little fruit has come forward this week, the season being practically over. Poultry.—We bud a big cniry last Saturday, most of the pens b.-ing lull. All lines sold at good prices. We !|iiot.e; Fruit: Apples 3s (id to 7s (id case, bananas (is od to 7s (id. Poultry: Cockerels Is -Id to 2s 'ld, chicks '.ld. pullets 2d to 2s Sd, liens Is (M to 2s 3d, ducks is 5,1 to Is !)d, turkeys ss.