COMMERCIAL.

Taranaki Daily News, Volume LIII, Issue 130, 10 September 1910, Page 7

COMMERCIAL.

LONDON MARKETS. By Cable —Press Association—Copyright. London, September 8. Copper. —Spot £53 lis 3d, three months £SO 3s 9d. Tin.—Spot £11)0 10s. Lead, £l2 10s. Wheat—An Australian cargo sold at 395. Pork.—A South Australian consignment sold at O'/jd.

AMERICAN WHEAT SUPPLY. . London, September 8. The visible American supply of wheat is 40,000,000 bushels. AUSTRALIAN MARKETS. Sydney, September 8. Wheat, 3s lid to 4s. Flour, £'lo. Oats —Algerian feeding 2s 2d to 2s 4d; milling, 2s lid; Tasmanian, 2s Gd to 2s 7d. Barley—Cape 3s to 3s 2d'. Maize, 2s ltd. Bran and pollard, £3 15s to £4. Potatoes—Tasmanian, to £8 10s. Onions, £6. Butter, 100s. Cheese, Od. Bacon, Od to G'/od. Melbourne, September 8. Hides—Market firm, Avith keen competition and upward tendency. Wheat, 4*. Flour, £0 10s. Oats—Algerian milling. 2s Id; feeding, Is lid; white, 2s 3d to'"2s Od. Barley—Malting, prime English, 4s 4d; Cape„ 2s 4d to 2s 7d. Bran and pollard, £4 ss. Maize, 2s Gy>d. Adelaide, September 8. Wheat, 3s 10y 2 d. New season's January delivery 3s KM. Flour. £8 15s. Bran, liy s d. Pollard, ULi/jd. Oats—Algerian, 2s.

NEWTON KING'S WEEKLY REPORT. At Waiwakaiho on Friday, 2nd inst., there was a good yarding of cattle, with a fair attendance of buyers. Bidding was brisk and good prices were realised, especially for springing cattle. Calves made 12s, yearling heifers £2 3s, yearling steers'£2 os Gd to £2 12s Gd, 18months to 2-year heifers £2 14s Gd to £3 17s Od. in-calf heifers £4 to £4 17s Od, springing heifers £5 to £8 12s Gd. store cows £1 17s Od to £3 Is. forward cows £3 17s to £4 15s, springing cows £0 5s to £9. do. Jersey £8 5s to £9, do. Holstein £7 15s to ".£l2 ss, fat bullocks £0 12s Gd to £S fis, hoggets 9s to 12s W, 4-tooth wethers 15s Id to 17s 3d, 2-tooth ewes in lamb 13s 6d. At the Haymarkot on Saturday a fair number of pigs were penned. Weaners made 6s Gd to 9s, small stores 10s to 12s rid, good stores 14s to 18s, porkers 20s to> 355, calf 7s Gd, pony, gig and harness £5 10s.

On Monday at Urenui mixed yearlings made 365, yearling heifers 37s to £2 10s, yearling steers 3Ss to £2 Ifls, 18-months steers £3 Is to .£3 18s, springing heifers £4 12s Orl to £5 10s, empty-heifers £3 18s to £4. forward cows' £3 13s to £4 2s, springing cows £5 to £!) 15s, fat cows £5 to £5 17s, hulls ,£1 7s to £-2 10s, store pigs 13s 6d to 15s, fat wethers 22s 3d. On Tuesday at Stratford there was « fair yarding, with a good attendance of to"l8-month.s heifers £2 lis 6d to £3 Is, yearling steers £2 lis 6d, 18-month.s to 2-year steers £3 to £4 17s 6d, empty lieifers £3 10s to £4 ss, store cows £2 5s to £3, forward sows £3 10s to £3 lfls, (bulls £2 8s to £3, fat bullocks £6. On the same day the springing heifer yards were full. Competition was keen and good prices were realised. Springing (heifers made £5 10s to £7 ss. in-calf heifers £3 15s to £4 15s, springing cows (close up) £0 to £ll, backward do. £4 to £5 15s.

At Stony River on Wednesday mixed yearlings made 31s Gd to 37s 6d, yearling steers £2 5s to £2 7s Gd, 18-months to 2-vear steers £3 7a fid, empty heifers £3 8s to £3 18s, in-calf heifers £3 16s, 37 s M to £2 10s, forward cows £3 to £4 10s», fat cows £4 16s to £6 4s.

On Thursday at Ngaere, I held Mr. It. H. Phillips' annual sale of dairy cows and heifers. There was a good attendance of buyers from all parts of the district, a few from as far as Palmerston and Hawke's Bay. The cows were in splendid condition, comprising chiefly grade Jerseys and Holstcins. Competition was keen throughout. One choice grade Jersey was sold for "£24. Ordinary springing cows made from £b to £l6; cows in milk, £7 15s to £l4 lss; springing heifers, £7 to £lO 15s; heifers calved, up to £9 15s; backward heifers, £"5 to £0 ss. The average for the 313 cows and heifers was £8 per head.

MATTHEWS & BENNETT'S REPORT. Mattht-ws 'and Bennett report that there was a fair yarding of cattle at j their Inglewood Yards on Wednesday last. Prices were about the same as late sale, with the exception of store cows, which showed a decided advance. .Good forward springers made from £0 to £7 Ms, backward do. £3 10s to £5 lfls, store cows £2 10s to £4, yearlings £2 3s to £2 18s. At the mart on Saturday weaner pigs made 8s to 12s, store do. 15s to 18s, porkers £1 ss. DAIRY PRODUCE REPORT. i Messrs E. Griffiths and Co., New Plymouth, are in receipt of the following market report from their London principals. Messrs Mills and Sparrow, dated July 29: The changeable weather has continued, hut the temperature has been rather higher. . Danish: The quotation this week has been raised one kroner. Siberian: Large arrivals continue to come to hand, but there is now very <n-eat difficulty in finding finest quality, as nearly all the butter is suffering more or less 'from heat. The secondary sorts are being neglected, sijid quite a quanI tity are' finding their way into cold store, where no doubt they will remain until'we giot colder weather. • French: Quotations are unchanged, although the market is slightly firmer. The qualitv is not giving'satisfaction, but no doubt this is due to the unseasonable weather that has been experiAus'tralian and New Zealand: Cables this week from Australia, announce that Victoria is expected to start shipping new season's butter next week. This is exceedingly /good news, and will no doubt revive interest in colonial butter on this market sooner than was anticipated. We understand that prospects are very favorable for a good season in Victoria, and we do not think our colonial friends will

be disappointed as far as this market is concerned, as the position at present certainly looks very healthy. As usual at this season of the year, there are some "hear" reports about, concerning the quantity of butter in store. There may be, however, a little more than there was at this time last year, but it must not be forgotten that the stocks last season were wl Vly inadequate to meet the demand, lid we are of opinion that the trade dir'ng the next few months will be sufficient to absorb not only the stocks in stove, but all the butter that the colonies can send us. Cheese.—New Zealand: With smaller stocks trade has become of a moie limited characer, but there is sufficient hero to retain buyers' interest in the goods. We are pleased to see that a small shipment has been made this week, and we trust there will he no cessation. Canadian is now commanding the bulk of the trade, and prices this week have remained steady, with a fairty good demand. STOCK SALES. ADDTNGTON.

Store sheep—Forward wethers and ewe hoggets 14s Od to 15s 7d, first cross ewe hoggets 14s Id to 14s LOd, wether hoggets 12s 5d to 15s, mixed sexes 13s <sd to 14s od, culls 8s 3d to 10s, small sax and eight-tooth ewes 10s. full to failingmouth lis to 12s Bd, aged 8s Gd to 9s 6d, forward wethers 15s to Ids 4d, small and low-conditioned 14s, forward merino wethers 10s. There were 78 new season's fat lambs penned, and well-grown sorts sold well. The range of prices for the best \va.s 15s to 10s Od. one extra to 245, smaller 10s 6d to 13s Gd.

Fat sheep—Prime wethers 21s to 25s 3d, others 17s to 20s, prime ewes IDs to 22s 3'l. extra, to 245, others 14s 7d to 17s Od, hoggets 15s to 18s. prime merino wether-- NTs 10d to Ws Od, lighter 13s Od.

Cattle—Steers made £5 15s to £ll ss, extra to £l4 15s„ heifers £5 5s to £9 17s Od. rows £G 5s to £9 (equal to 23s Gd to 30* for prime, 2Ss for medium, and 24s to 27s for cow and inferior per 1001b). A line of North Island steers made £lO 7s Od to £l3 2s Od. Veal calves sold at 4s Gd to 40s.

A poor yarding of store cattle met with little enquiry, yearlings selling at 40s to 55s for extra good, IS-months sorts 49s to 5Gs. 3-year steers £5 10s, 3-year hj"! £5 ss, 2y.-vear Jersey steers £3 7s Gd, dry cows 25s to £4 9s.

A medium entry of pigs sold rather better than last week for prime sorts,, tout unfinished pigs, of which there was a. considerable number offered, were not in such good demand. Choppers made 60s to 80s, large haconcrs 47s Gd to 535, lighter 37s Od to 45s (equal to 4d rjer lb); large porkers 32s to 355. smaller 27s Gd to 30s (equal to 4y,d per lb). Store pigs were dull of sale and the vnrdiiv»> which was fairly large, was difficult to dispose of. Large stores made ISs to 235, smaller 9s fid to 14t>, weaners fis to Bs.

WANGANUI. Messrs Dalgety and Co. report:—At our Wanganui sale wo yarded 1500 sheep and 470 cattle. The yarding of sheep wag principally comprised of lines of lionets of indifferent, quality. Buyers Were present in numbers, hut the hulk of the hoggets were unsaleable for requirements, and were passed at auction. We succeeded in quitting'several lines afterwards, hut the hulk of the sheep went out unsold. Cattle of all classes were in keen demand, bidding being animated, and late rates were well maintained . We quote: Light fat wethers 20s Bd, mixed hogget 9 (medium quality) 12s 3<l to 13s, 3 and 4-year bullocks £fi 14s Gd, 3-year bullocks £G 3s, 2 to 2y 2 - year steers £4 10s, 12 to 15-months steers £3 13s fid, yearling steers £3, yearling to 15-month heifers £3 ss, mixed weaners (small) £2 0s fid, run cows £3 17s fid, forward empty cows £3 5s to £4, springing heifers £4 3s. £4 Ss, £4 17s fid, £o„ £5 2s fid, £O, £6 lis, dairy cows £4 10?. £4 17s fid, £5, £5 7s 6d, £5 10s, £6 17s, £6 6s to £7 ss.

BURNSIDE. At Burnside market only 121 head of fat cattle were yarded. The animals were of poor quality, there being no really prime lines. Prices showed an advance of 15s to 20s per head, bidding being very keen. Best bullocks £ll 10s to £l3, extra to £l3 15s. medium to good £9 1:0s to £lO 10k, light £7 15s to .£8 15s, best cows and heifers £9 10s to £ll, good £8 10s to £9 10s, light £6 10s to £7 10s. Fat sheep—27lo penned, comprising chiefly heavy-weight prime Avethers. Price? were much th° same as last week, hut light-weight wethers were inclined to ease. Best wethers 23s to 255, extra 25« fid to 27s fid, good 20s to 22s fid, medium ISs to lfls 6d, light 14s fid to 16s, ,he=t ewes to 10s, good 15s to lfis fid, light and inferior 10s to 13s. Lambs —The first of the new season's lambs came forward, eleven in number. All were of surprisingly good quality and realised from 21s fid to 30s. Pigs—About 180 were yarded, principally suckers and stores. Porkers and baconers were in <rood demand, and sold up to last week's rates. Saickers and stores were not in demand, and prices for them were easier. Suckers 69 to 12s, stores 15s to 20s fid, porkers 28s to 325, light baconers 35s to 425, heavy baconers 49s to 52s 6d.

JOHXSONVrLLE. Messrs Ahraham and Williams report on their Johnsonvillc sale as follows: AVo offered a good yarding of bullocks and sheep, which sold readily at late rates. Prime heavy ox £ll 12s 6d to £ll 15s, medium '£lo 10s to £ll ss, lighter ox £8 5s to £8 12s fid, light £7 Ills Id to £B, prime heifers £8 to £8 19s, lighter £7 9s fid to £7 18s fid, vealers 17s Od to 365, prime wethers 25s 3d to 2fis and 24s 3d to 24s 9d, prime ewes 20s 7d to 21s 7d.