COMMERCIAL.

Taranaki Daily News, Volume LV, Issue 229, 15 February 1913, Page 8

COMMERCIAL.

LONDON DAIRY PRODUCE REPORT

Messrs E. tiriiliths and Co. are in receipt of the following market report from their London principals, Messrs Mills and Sparrow, dated London, January -3, 11)13:

BUTTER. The week commenced with a somewhat large accumulation of butters, that arrived during the Christmas week, and with 28,000 per s.s. Moldavia Jrora Australia and 44,000 boxes per Ruahine from New Zealand, there was by far the largest quantity of colonial butter on the market than at any previous time, this season. Trade opened quiet, both buyers and sellers being cautious, and at the. commencement of the week fully 2s per cwt. less than precises previously reported were freely taken in order to do business. As the week progressed, the trade seemed to widen, and it closes quite firm, with stocks very well cleared. The weather continues all against the butter business, particularly butters which are brought'in cold storage, and conditions are more like spring than mid-winter. AVith a little .seasonable weather, we think it quite likely that quotations will advance in the near future. Danish came a kroner (Is 2d) lower, but as this description has been comparatively dear for some time past, it did not a fleet colonial. Danish butter is well maintaining its supply in comparison with last year, whilst French has been considerably heavier. Other Continental supplies' are running on about the same quantity as last year. Argentine is showing a big increase on last 'season's receipts, and the general quality is very good, although it does not make up to best Australian prices.

CHEESE. We are unable to report (iny improvement in the demand, but prices remaip steady. New Zealand descriptions are going out freely, but owing to the increased quantity, it lias been impossible to raise values.

SOUTHERN MARKETS.

ADDINGTON

There was again a large entry of store sheep, though not as numerous as tlic last two weeks. More fni. sheep and lambs were also offered, and there \v< re also good entries i:i other depart-, inenls. The attendance w;i- fairly large. Fat cattle lost in the values they made last week. Fat lambs were easier, as were /at .-beep. Pigs of all classes sold better. Siore and dairy cattle met, with a moderate demand. The entries of store sheep were considerably below those of the previous week. Forward rape lambs, of which only a few pens were offered, made 13s 2d to 14s 4d. fairly forward lines 12s to 12s Sd. good average sorts lis to lis Cd. fair 10s 3d to lfls fld. small and inferior Ss to 8s sd, halfbred wethers 9s (id to lis fid, ewes 12s 3d to 13s Bd. two-tooth ewes 15s to Ills 2d, four-tooth to IGs fid. six and eight-tooth lis to 12s Cd, four, six and eight-tooth 14s to 17s Sd, average sound-mouth sheep Us fid to 13s 4d, full and failing mouth Os to 9s Id, four and six-tooth wethers los Od, small twotooths 12s 3d, two and four-tooth sorts 12s 3d to 14s fid.

There were 1750 fat lambs penned. Best lambs 16s to 18s 5(1, light 14s to 15s fid.

There were between 4000 and 5000 fat sheep entered of average quality, and last week's rise in values was not maintained. Prime wethers IDs to 225, lighter 16s 9d to 18s 6d. prime ewes 17* to 20s Bd, medium lis Od to 10s 0(1, others 10s to 14s.

Fat cattle totalled 243, href being Is 6d per 1001b lower, the ruling price being 22s to 30s per 1001b. Steers £7 5s to £l3 10s, heifers £6 to ED 15s, cows £6 2s Od to £l2 3s.

Store cattle —Yearlings £2, fifteen to eighteen-nionths sorts £2 19s to £3 17s Gd, two and a-half-year steers £5 17s Cd. dry cows £1 10s to £4 15s, dairy cows £4 10s to £lO.

Fat pigs—Choppers realised fills to 80s. large baconers 00s to 60s od. other sorts

50s to i)7s fid (equal to 3d per lb), porkers. 40s to 48s. smaller sorts 34s to 408 (equal to ii%d to (id per lb). I Stores—Large sorts 35s to 40s, smaller' 22s to 30s.

Weaiiers. which were in keen request, made from ltis (id to 22:>, tho latter prices being obtained for extra good sorts.

BURNSIDE,

There was a large yarding of fat-cattle at; Burnside, 217 being penned, principally medium-weight btillocks of fair quality. Jhe offering was in excess of requirements, and prices showed a drop' of 10s per head at the beginning of the sale as compared with last week, «nd declined still further towards the end.

Best bullocks £ll 10s to £l2 Ids, extra to £l3 10s, good £!) ljs to £lO 10s. light £7 10s to £8 15s, bsst cows and heifers £9 to £lO, extra good to £ll 10s, good £7 10s to £8 Ms, light £5 to £fi J ss.

Fat sheep—27o2 were penned, consisting of medium weight wethers and ewts, with only a few pens of prime sheep, although the freezing works open on Thursday. There was no competition by exporters, and prices showed a drop of about Is per head. Best wethers 21s to 235, extra to 245. Cd. medium to good 18s (id to 20s, light 16s Gd to 18s (Id, best ewes 18s Od to 21s, extra good to 27s Gd. medium 16s Od to 18s. light. 13s Gd to 15s Gd.

Fat lambs—B33 penned. This number was largely in excess of butchers' re-' quirements at this time of the year, and as freezing buyers were not operating prices declined Is Cd to 2s per head. Best 16s to 17s 9d, medium to good 13s Gd to 14s Gd.

Pigs—Only thirty-two fat pigs and ; forty-three stores were yarded. Competition was very keen for fats, and prices showed a rise of fully 5s per head. Stores sold at about last week's rates. Suckers 14s 6d to 19s, slips to 13s, stores to 28s, porkers 38s to 455, light baconers 48s to v 565, heavy baconers ,to 725.

JOHN SON VTLLE. At Johnsonville a good yarding of cattle, and sheep eame forward. Prices: Prime bullocks £lO 7s Od to £lO 10a,. lighter £0 10s to £9 15s, light £8 12s. 6d to £8 17s 6d, vealers 225, prime,, ■wethers 18s to 18s Bd, light wethers 16s Cd to 17s, prime heavy ewes 18s, good . ewes 15s fid to 10s, light plain 14s 8d to 14s 9d, prime lambs 14s 6d to 14s 10(1. medium lambs lis 6d to 12s. .'