COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 161, 6 January 1912, Page 2

COMMERCIAL

LONDON MARKETS. By Cable—Press Association —Copyright, j London, January 4. Silver, 23 5-lGd. Share quotations: Wuihi 51s 3d and 53s !)d, Junction 20s 4d and 30s 7d, Talisman 40s 3d and 4Ss Od. AUSTRALIAN MARKETS. Sydney, January 4. Wheat, 3s (i'/.d to 3s 7'/ 3 d. Flour.—New £8 10s, old £8 15s. Oats.—Algerian, feeding 2s Od to 2s Sd, seeding 2s 9d to 2s lOd; sparrowbills. 2s lid to 3s; giants. 3s 3d. Barley.—Cape, 2s lOd to 3s Od; English malting, 4s fid to os. Maize, 3s lOd to 4s. Bran, £5. Pollard, £5 10s. Potatoes, £8 to £lO. Onions, £l2. Butter.—Selected 120s, prime 108s to 116s. Cheese, fly 4 d to 6%d. Bacon, 5y 2 d to 7^d. Melbourne, January 4. There have been no skin sales this week. Wheat, 3s 7Ld. Flour, £8 10s. Bran and pollard, £5 10s. Chaff.—Ooaten, dumped, 80s Ceelong, 85s Melbourne; compressed, Geelong covered 00s, uncovered 80s, Melbourne covered 955, uncovered 91s. Market fairly firm, supplies rather short. AMERICAN WHEAT SUPPLY. London, January 4. The American wheat supply is estimated at 112,709,000 bushels. ADDINGTON MARKET. At Addington, there were moderate entries of stock and a fair attendance. Fat cattle were easier, and there was a decided drop in the price of fat lambs. Store sheep, which were mostly wethers, sold at an advance on late rates, and fat sheep showed little or no change. Fat pigs also sold better, and there was an improved demand for wethers, and prices advanced fully Is to Is Gd per head. The small offerings of ewes and lambs sold about on a par with the previous sale's rates. There was a good enquiry for rape lambs and a larger supply could have been readily disposed of. Four and six-tooth wethers made 14s 3d to 15s lid, two-tooth wethers lis to 14s 9d, small wethers 9s lid, rape lambs to 12s Od, two-tooth ewes 15s Gd to 16s 2d, twotooth ewes 15s Od to IGs 2d, six and eight-tooths I4s Gd, two and four-tooth ewes in the wool 17s 9d. The entry of fat lambs totalled 1004, or only half of the supply a fortnight ago. "A considerable proportion of the lambs were unfinished, and as there was little business done for export, there was a decided drop in prices, and a number of the lighter lots were purchased by graziers. The decline in values was equal to Is Gd to 3s per head, the range being 12s 6d to 15s lOd, and a few extra heavy 18s. The hulk of the sales were made at 13s 6d to 14s Gd. There was a moderate yarding of fat sheep, about two-thirds of which were wethers. There was a good demand on the part of butchers, and wethers maintained late rates, whilst lines sold rather better. There was no business done for export. Prime wethers made 17s Od to .23s 3d. lighter 12s 2d to 17s, prime ewes 15s ikl to 18s Gd, extra to 20s Gd, others fls lid to 13s, merino wethers 13s Id to 14s Gd. There were 241 head of fat cattle penpend, including a good proportion of North Island cattle. The quality was generally good, hut the demand was slack, and a dragging sale resulted • in values being down about Is per 1001b, the range being 24s to 27s per lOOlbs. Steers made £7 17s 6d to £l3, heifers £5 17s 6d to £9 ss, cows £5 5s to £lO 10s. Veal calves made 4s Od to 63s,.according to size and condition, there being a large entry. A medium entry of store cattle of moderate quality met with an improved demand. Fifteen to eighteen-months stores made 50s to 54s Gd, two-year steers £3 19s Od, two and a-half year steers £5 ss, three-year steers £0 2s 6d to £6 7s Od, three-year heifers £5, dry cows 37s 6d and £3 17s Gd/ Dairy cows made £3 10s to £9 ss, and extra to £lO 2s Gd. A small entry of fat pigs came forward, and prices, especially for porkers, showed an improvement. Choppers made 55s to 84s, large baconers 60s to 725, smaller 50s to 57s 6d (equal to 5%d per lb); large porkers 42s 6d to 47s 6d, smaller 30s to 40s (equal to Gd per lb). A small entry of store pigs met with an easier demand, larger sorts making 26s to 29s Od, medium 22s to 255, weaners (which sold more readily) 10s to 17s. JOHNSONVILLE. Messrs Abraham and Williams, Ltd., report on their Johnsonvilel sale as follows:—A good yarding of prime bullocks and sheep came forward and sold well at the following prices: Prime heavy bullocks £9 10s to £9 15s, lighter £9 to £9 ss, light £8 to £8 12s 6d, vealers 21s to 265, prime wethers 15s 9d to 10s, light 13s 4d to 14s, good ewes 12s 4d to 12s sd, medium ewes 12s, plain ewes 10s 8d to lis, prime lambs 13s to 14s, good lambs 12s to 12s Bd, plain 10s.