COMMERCIAL.

Taranaki Daily News, Volume LIV, Issue 197, 17 February 1912, Page 6

COMMERCIAL.

AMERICAN WHEAT.

By Cable—Press A»sociation—CJopfrigkt. London, February 15. The American visible wheat supply is 110,795,000 bushels.

LONDON MARKETS.

London, February 15. Silver, 27 7-16 d. Share Quotations.—Waihi, 40s and 42s 6d. i

AUSTRALIAN MARKETS.

Sydney, February 15. Wheat shippers are offering 3e Bi4d. Millers are prepared to pay 3s 10d. Flour, £8 15s. Oats.—Algerian feeding, 3s 4d to 3s 6d; seeding, 3s 8d; sparrowbills, & sd. Barley.—Cape, 4s 3d; English, 4s 6d to sa. Maize.—Prime, 4s lOd to ss. Bran, £5 15s. Pollard, £6 ss. Onions.—New Globe, £11; New Zealand, inferior quality, £9. Potatoes.—Tasmanians, £7 9s. Butter.—Selected, 130s; prime, 118s to 1265. ' Cheese, Bd. Bacon, 7%d. Melbourne, February 15. Hides.—Fair supplies, keen competition, and prices very firm. Wheat, 3s 9y a d. Flour, £8 10s. Bran, £5 15s. Pollard, £6. Barley.—Malting, 6s 3d to 6s 4y,d; Cape, 4s 9d to 4s lOd. Oats, 3s to 3s 2d. Maize, 4s 4d. Potatoes, £3 to £5. Onions, £B.

NEWTON KING'S WEEKLY REPORT.

At my annual sheep fair at Urenui on Friday, 9th., I had a very heavy entry, sheep coming forward quite up to advertised numbers. Rams were penned in excess of the numbered entered, but were not wanted by the public. Bidding was good for nearly all classes excepting lambs and old ewes, prices for the former being on the low side, while old sheep as usual were hard to quit. Most lines, however, were cleared during the day at the following prices;— Lambs, prime fat, 9s 4d, good 5s to 7s, other 3s to 4s lid; 2-tooth ewes, good 14s, others lis 6d to 12s 6d, poor 8s; 4-tooth ewes, lis 9d to 12s; 6-tooth ewes, 12s lid; f.f.m. ewes, 7e 6d to 8s 6d; f.m. ewes, fis 8d to 8s ; mixed ewes, 7s 3d to 9s 7d; old ewes, 3s to 5s 7d; sound mouth ewes, 8s lid to 12s 6d; 2-tooth fat and forward wethers, 13s 2d to 13s »d; 2-tooth wethers, best 12s 2d to 13s sd, good 10s to 12s, others, 8s 4d; 4-tooth wethers 12s 2d to 13s; 6-tooth wethers. 14s 4d; 2, 4, and 6-tooth wethers, 13s 6d; rams' 2 to 4sns. '

At my Whangamomona vards on Saturday, 10th., the full number of sheep and cattle were penned. Bidding at the hammer was good for most cattle, but was rather dull for sheep, although practically every pen was cleared after the sale at satisfactory prices:—ls-months heifers £fl, 15 to 20-months steers £3 6s to £3 10s, 2-year steers £3 14s to £3 16s Cd,22 2 year steers (good line) £4 12s, Holstein 20 months bull £5 7s 6d, 2-tooth wethers lis <3d, 2-tooth ewes 12s Bd, 4, 6, and f.m. ewes 13s, 4 and 6-tooth ewes 10s 6d, f.m. ewes 6s to 8s lid, aged ewes 2s 6d, rams 23s 4d to 3y 4 gns. Next sale Wednesday, 6th March.

At my Waiwakaiho yards for my annual shegp fair on Monday, I had a much larger entry than anticipated, sheep coming forward in excess of entries advertised. Bidding throughout was brisk, and good .business was done" during the day, every thing, with the exception of a few pens and some rams being cleared at the hammer. Some good lots of fat sheep were penned and sold well after keen competition. Prices realised were: 2-tooth to f.m. ewes 12s Id, 2-tooth ewes lis to lis lid, 4-t6oth ewes 14s, f.f.m. ewes 9s 5d to 10s- Id 4 and O-t.ooth ewes 18s Id, f.m. ewes 5s 8d to 6s, mixed ewes 5s 6d to 7s 3d aged ewes 3s to 4s Id, 2-tooth wethers 11b to 12s Id, lambs 5s to 9s, rams % to 3y 2 gns, fat lambs, prime heavy lis id 12s Bd, 14s 3d; fat ewes, lis Id, 12s! 13s Id; fat wethers 13s lid, prime 15s M 16s sd, extra prime heavyweight fat ewes, 14s 7d, 14s 10d, 15s, 16s 9d At my Rahotu sale on Thursday I had only a fair entry of cattle, which, with the exception of one pen of fat cows were sold at the hammer at the following prices:-£olored steers £2 4s, mixed weaners 15s, 15-months steers £2 10s' to £2 19s, store cows £2 9s to £3 9s forward cows £3.195.6 d, to £4 4s f,TIFY?'* 5 ' 7s Cd > bulls £3 8s 6d, fat stag £5 18s. During the week I have sold a good number of cattle and sheep at the following rates: Fat wethers 16s, forward To ?s?fi\ 3 %\ ld \?- t0 ° th Wethers £ 13! L 6 d> 4-tooth ewes 13s 6d, mixed ft 7 f% 9 1' ! l S 6d ' 186 > lambs 3 *> 5s 9d, 7s 5d fat lambs 9s 3d, 18-months steers fff w/ at ~TL £5 ls 6d t0 £5 10s, £!,£??* ? 6 ,. 7 ? M > choice 20-months grade Holstein heifers £5 10s to £7.

MATTHEWS AN© BENNETT'S REPORT.

Matthews and Bennett report that on Wednesday, owing to the New Plymouth races, there was a small yarding of cattle and a small attendance. Prices l eT f a li f°«we.--18-months steers, £2 !> ~1 3, 18 - mo » th s heifers, £2 4s £q o * 6d; , stOTe cows ' £3 1 in i,'?" 1 d - £3 15s to £4; S+ 110I 10 - f to - £S 15s ' weaner9 > good 25s to 80s; inferior. 16s to 20s There was a very good entry and a good attendance at their Tarata sheep fair. Bidding was slow and very little business was done at the hammer, but good business was done after the sale at the following prices : -2-tooth wethers. M ♦ m t0 0, 128 , 2d v ; Culi 2 - tooth ew <*> 9s 6d to 10s 3d; lambs, 5s 3d to 6s, good do., 18s to £3 Is, 18-months heifers, £2 4s ,5s Cd; ewes, mixed ages, ll s to 12s 3d. At the mart on Saturday last pi<r 3 brought as follows :-Weaners, 9s to 12s 6d; stores, 16s to 18s; porkers, 24s to

DAIRY PRODUCE REPORT.

Messrs E. flriffiths and Co. are in receipt of the following market report from their London principals. Messrs Mills and Sparrow, dated January s: This week business has again got into the usual swing, and the new year has opened well from the sellers' point of view, but buyers are having a hard time and we see no prospect of their getting any relief at present, as supplies show such a great shortage when compared with last season. The weather continues very mild, and conditions are more like spring than winter. Danish has advanced two kroners, but the committee are certainly very modest, as we think it would have stood a four or six kroner rise, but no doubt the balance will be put on next week, Siberian: There is very little offering, and anything under-priced is eagerly sought after. '

I Australian: Supplies this week have | amounted to about 50,000 boxes, per s.s. j India, Runic and Demosthenes, but the I demand has been such that it has caused sellers to raise prices about 4s all round, and even at the advance the market is firm. The great strength of the market is the entire absence of stock, buyers having nothing to fall back on whatever this season. Unsalted butter still seems to he in rather greater supply this season than is usual, and therefore does not command any premium over salted.

New Zealand: The Turakina's butters are to hand, meeting with a steady demand. Prices have advanced somewhat since the steamer arrived, but this has cheeked the trade a little just for the; moment, but we think buyers will have to come on again, because the Athenic is not due until after the 11th, and her butters will scarcely be available next week. F. 0.8. buyers are jubilant, as they are making huge profits. Argentine: There has been a steady trade and everything has cleared on landing.

CHEESE.

We are glad to say that our earlier anticipations that a strong market would exist have been realised, and the market has developed great strength. The shortage of English and Canadian is now making itself i felt, and it would seem as though the whole of the trade is now dependent upon New Zealand, and it is unfortunate that so many factories sold their outputs, The ' demand for the cheese ex s.s. Turakina has been exceptionally good, and although sellers started at 71s to 725, the trade has been so brisk that to-day an additional Is can be made, but there are very few cheeses left, and the position looks very strong Indeed.

SOUTHERN MARKETS,

ADDIXGTON.

At Addington best rape lambs sold at 12s 3d to 13s 6d, medium 9s 3d to 12s, small 8s 6d to 9s 2d, ewe lambs 10s 6d to lis 6d, locally-bred 2-tooth ewes 15s to 17s 6d, 4 and <i-t-)oth 15s to 17s 6d, 6 and 8-tooths 13s 6(x to 16s 3d, sound mouths 13s 8d to 14s Bd, 2,-tooths 13s 6d to 17s, 4-tooths 16s 6d to 21s 9d, wethers lis 3d to 14s 7d.

Fat lambs—Tegs made 17s to 18s, a few extra to 19s 2d, ordinary freezing weights Ms 6d to 16s 9d, lighter 12s to -14s.

Fat sheep—Prime wethers 17s 6d to 21s, others 14s 3d to 17s, prime ewes 14s to 17s lid, others 8s to 13s 6d, merino wethers 13s 5d to 15s.

Fat cattle—Store made £8 5s to £lO 12s 6d, r heifers £6 to £9 10s, cows £5 7s 6d to £9 10s. These prices were equal to 24s to 27s per 1001b. Veal calves made 4s <6d to 675, according to size and quality. Store cattle—Yearlings made 395, 15 to 18-months £2 4s to £3 17s, 8-year steers £4 8s to £4 His, 2-year heifers £3 17s 6d to £4 19s 3d, 3-year steers £6 to £6 10s, 3-year heifers £5 5s to £6 7s 6d, dry cows 35s to £5 ss. Dairy cows brought £4 to £ll. Pigs—Choppers 60s to 80s, large baconers 70s to 78s fid, one extra good pen 86s 6d, smaller 55s to 65a (equal to o%d to 6y g i per lb); large porkers 46s to 50s, smaller 38s to 44s' (equal to 6y 2 d per lb). A smaller number of store pigs than last week were rather weaker in demand Large stores, including a line of'6o, made 46s to 41s, smaller 22s to 355, weaners 14s to 21s.

BURNSIDE.

At Burnside 26-5 fat cattle were yarded. This exceptionally large number included some good quality bullocks, one line of 24 head from the north being very prime. At the commencement of the sale prices were about 5s to 10s below last week's rates, and they showed a further drop as the sale progressed. Best bullocks made from £l2 to £l3, extra to £l4 I7s 6d, medium £9 10s to £ll, light £8 to £9, best cows and heifers £8 to £9, extra to £lO 2s 6d, medium £6 10s to £7.

There was a very large yarding of fat sheel, 3858 being penned, and in consequence a number of pens were passed. The sales opened with good sheep at about last week's rates, but priees drop* ped ls to ls 6d per head before the finish. Unfinished wethers and ewes sold at about 2s below last week's rates. Freezing buyers were unable to operate. Best wethers made from 18s 6d to 19s 6d, extra to 22s 9d, medium 17s to 18s, light 14s to 15s, best ewes 14s to 16s, extra to 18s 6d. A few exceptionally good ■brought 25s 3d, medium 12s to 13s. There was a good yarding of fat lambs, 2066 'being penned, mostly of medium quality. Freezing buyers were operating, but prices all -round were slightly easier than last week's rates. Best 14s 6d to. 15s 6d, extra 10s 6d, medium 12s 6d to 14s. ;

MARTON.

Messrs Dalgety and Co. report:—We had a fair entry at our Marton sale, and stock sold at the following prices:— Cull wethers 8s l'Od, cull ewes 6s 6d to 7s, small two-tooth wethers 10s 9d, woolly ewe lambs to 9s 9d. Cattle: Mixed weaners 30s to 32s 6d, good weaner heifers to £2 10s, small yearling steers to £2 lis, 18-month dairy heifers £3 10s to £4 2s 6d.