COMMERCIAL.

Taranaki Daily News, Volume LVI, Issue 171, 19 January 1914, Page 7

COMMERCIAL.

OF KXiILAXD BEIT UN'S. By Cable—Press Association—Copyright London, January !(i. The Bank of England return:, lorM.lP week ending Weuiics.iay iast are v.* follow: Cold coin. ti-WlH.oriO. P.e<erve, £2:).S7tI.U,H). Xole circulation. £25,471,000. Public deposit:,. £7.(i48,1!e"). • Other deposits. Ji4:i.(11i0,00.). (iovernnu'iit ~.ciirities, i : !2.1-li>,t"J(). Other securities. X2!).724/Kjd. Proportion of reserve to lialiiiiti.-*, 55.55, THE MOX'.V MAB.KET. Tfenk rate. V,' : p-r rc:;t. Sip>rt loans, 3 per cent. Three months' bil!-, 3 : ; a per cent. Paris, :.;■'{; per <ent. Berlin, 3's per cent. IXYI.UCABCiLL WOOL SALKS. By Telegraph.—Press Association. Invcrcargill, Saturday. I

Tin: first wool siiln i>i Hie season was j held here vcslcnUy, »j4l bales being | catalogued.' Tin; siilc was 11. most spii" j iled our. buyers' reserves being exceed- j od in must instance, by from n halt- j pciinv 1.0 ■•■ penny. Very few bales were ' passed in. The' obtained fur me- ] liium ami inlcr'nir classes were slightly | ill advance of lule rates. Continental j iiml linuiford buyer, were,-the principal i operator.-,, am! nnri.-lin.scil DO per enit. of I the wool oil. ri'.l. American liuyers j were mil. operating to :'.»;>' extent. £ iiright and line wools and hallbrcd were j partieiilarly i" demand at improved « priees, but ordinary erossbreils showed, comparatively, only a. slight improve- . inent. { j NKWTO:; KIXU'S WI'KICIA' Ui'l'OUT. j At Yi'ai'.vakaiho on Friday, Dlii hist-, 1 j had only a small entry, which sold as I follows:'—Colored 15-moiiths heifers £3 | 10s, bulls £1 15s. store cows £3 Is to £4 14.5, forward cows up to £5 Ss, tat cows £5 Ills to £(> ss, cows and (jilves £4 7s fid to £5 Us. At lirenni on Monday.' 1-itlij inst.. tlwrc. was a fair yarding' of catlie witii ■several ])ens- of sheep. Competition on the latter was keen, every pen being placed at the, hammer. There was an improved eipiiry for cattle, most of the yarding lieing cleared at .the following prices:—Weaner stei'rs .-CI 15s lid, .£1 .'is, 17s, mixed weaners £) Us, yearling to 15-inonths heifers £i os to £3 43, rough 15-months steers £_ 14s (id, irmill store cows £2 7s to £3 3s, store tows .£4 !>s to £4 U)s. fiirivard <-ows x.y 17s, fat cows £1! 14s lo £(i ltis, 2-year sivn* £4 Is lid, i'/s-ycar steers £4 10s to £4 15s, bulls £3 lis Ikl to £5 ss, springing heifers £."> in [id to CO ll)s, dairy cows £5 5s and £5 7s (id, f.lll. ewes'and lambs 17s liil, mixed 2-tnoUis (mostly wethers) l-ls (id, fat and forward ewes (4-tooiii up) )4s j 3d, lambs Ss ad and Ss lid, weaner pigs i 4s to 10s.

(In Tuesday, l.'ith inst., for my first Kahotu .sale in the Now Year there was a good entry of good-conditioned and saleable cattle, for which i bad strong competition throughout, practically everything yarded being sold-at the hammer. Weaner steers made £1 7s lid ami £1 fbs, weaner heifers .CI Ss (other small lines, not so forward, did not reach vendors' reserves), yearling heifers £2 .';- to .lit! (is, colored £:i I S.s to £4, small or bad sorts £1 to £1 lils (Id, yearling to Ij-montiis steers £j His (id, '.O lis', £3 His, .€2 Us, 2-yeai steers £4 2s to £4 lbs, bulls £o 7s lid to £7 os, nice pen of forward 2 v : ; -ycar bullocks £li (is lid, fat heifers .Co os to Ci l.ss (id, pair working bullock* £2l). aged cows or small stores £1 10s to £!! Us. good store, cows £1 to £4 17s, forward and fat cows (according to si;'." and condition) £4 Ills (id to £7 10s. Nol'v-Considcring the keen competition and high prices ruling at all my cattle sales for good-condition hulls and forward cows, termers holdiiu.' anv of tlnse lines would be well advised to take advantage of the present strong demand. Private sales made during the week were as follow:—Colored yearling bei•fers £! 2s tkl, 10-months steers £ll liis lid, £.'! 12s, ,l:) Ks. £:i 2s, heifers (r.w.b.) £4 10s to £5 as .store cows £1: las, small fat cows £li 3s to £(i 12s, forward cows £5 12s lid, forward ewes 14s to 15s, fat ewes IRs, .His ;-:d, I lis lid. Ills, ewes and lambs 2Us lid, 21. i7s, 4-tooth wethers 17s (id and His lid, 2-tooth wethers Ms Oil. I-Is lid, Its til, 14s, Ills Hid, 2-tooth ewes-las. TAHAXAKI WOOL. SKIX, HIDIC AND TALLOW SALV. AM. NKWTON KIXG'S JIKI'OUT. On Tiicsdav. Hitli inst.. 1 held unusual four-weekly sale of above produce, the catalogue comprising l.'iil baics and 114 sacks' wool. 1SI!) 'sheepskins, 5!):! hides, !) casks and l.'i tins tallow. 47!) calfskins, and the usual assortment of hair, tails, etc There was ■., ; ; 00,l attendance of btreers. and bidding was brisk throughout. •Wool—-Prices were firmer and showed an advance of '/d. and in soi.i" cases to '/.d, per lb on December rates. Lambs' wool \v:-.s iii keen demand, selling up to tl'/id. practically (lie, whole of the catalogue being cleared under the hammer. I sold one'bale of lleece at 7','d. one at 3at 8". 4 d and one at il'/.d; one bale Oamb.s' at 7 ; . ! /,d, one at Sd. nm,i{ H'/,d. two at S'/al, one at !)d and two at ■'•)'/• d. • Sheepskins —Yen- firm at par to a farthing higher. Lambskins advanced •y,d. Hides—Medium and light wrre confirm. Heavy ox and cow !',d to >U\ higher, yearling V,d higher. . Tallow advanced "is per ton. Calfskins advanced Id per, lb. 1 Oliotc: .' Woo'.-In bales: Merino !)•/,.!, cross'lired, fine S : y,d. meilium !■! : ,',<l to S;,/,d, coarse Sd to S'/,d inferior 7','al to •7 ; '/,d, lambs', good i)d to !)', 4 cl, medium 8d to S'/.d. inferior 7%d to Mil. crutehin«s Sd, locks o'/.tl to 4'/,d, pieces 4d to sd, scoured fM/,d. Sack lots: Vine lleece B%d, medium 8!/ 4 d to Syid, coarse 7 : r/,d to B'/ 4 d, inferior o'/Ul to V/ : .A, lambs', medium inferior and seedv 7d to , ;7%d, crutchings s'i/jd'to dead 7%A, 3d' to 5%d, locks 4d.

Sheepskins—Crossbred fnil-wools. medium 7'/,d to T'/j'l, I'oni'si! li'/-il lo 7<l, inferior .ii'/oil, damaged 4 : /.d, s</d to (i'/,d, dead to sy,d, lamb.-,'," good ■V'V'I, medium tid. inferior and secdv •!</d, damaged ill, 5;/,i! to s ; ;' ; d. dead ■2ll, -h|, tOVl;ll, ~,.],,, jii- ri i S ,V/,d (~ (j.|. inferior fi'/d, dai;i::;:nl il to -i'/.il. dead I>,d, damaged q'MrU-r-r.oois 3d. skin ' pines 2 : ;' i.l. Damp linos as follows: Fail-wooi. .Is !'■!. Ts Id, 7s -Id to lis: lamb,', is 7d to 3s Id; pelfs, Is -Id to is tid. -Sailed fuli-wooL, 7s lid to 7s Ud; inferior 2--. -Id to 3s id; lambs', is •2d, 2s 4d, is sd, 2; (id. is 7d to is ;id; damawd, Is, Is 7d to Is Hd; pelts, Id. | -!t,;l, Is 4d. Is lid. is 7:1. I:: Sd, Is ll!i|. is, is id, sd, is dl, :l< 7<i, is Hd. is Hid ro :;.-, 4d; damaged. Id, id to Is. Hides—Ox, nit ilitsii! stout il'/jd. heavy ordinary 6%d to !:C,d. medium cow, medium superior S-/,d, liyhl .'v;',d lo 11 •/',<!, lieavv ordinarv H'Ad, ir.cdim:: S ; /,cl t<> K%d. light Sd' to S'/.d, farmers' eow 7'/.d ro S'/.d, drr eow 7;.:,b; hov.se [hides U.I, i'oali' is 7d': yearlT7i::s, special S'.' 4 d, ordinary 7'.-.<! to Sil, damaged ox , and eow :id lo '7% d. Tallow—hi shippunr order: IVst mix- ' ed ;<JI (is (id, medium :\.\ 5s lid; in tins, best lines .til 5s .'id, medium £ 1 is. i <J;llfskiils----i'"irsts IW, to Is, xeeonda o'/ s d. S'/s, >.)% to inferior 7%d, cut 7d to 7',vl. 'badly cut 2'/,d. slippv /'/pi, edt and slippv li'/ s il per ill, slinks 3d'oaeli. Horse hair, Is 7d per Hi; eow tails. i Is ::d per do::.: doy-kia. til; -bones, £5 per leu. Me ner.t sale will be held on Tuesd.v. February II). MATTHEWS, OAMLIX AXD'COZS KKi'OKT. Matthews, (biniiin and Company report a small yardinir at their luglcweod rai'ds last Wednesday. There was a good demand for bulls, and store, and forward eows. praetirally cverytliin n ' yarded was sold a- the following prices: Springers £5 5s to £5 15s; store cows £3 1 is li.l to £4 4s: fat and forward eows ■V> to fli 17s lid; heifers, r.w.b., £3 Is to iiil lis lid; yearling heifers fJi :>, to £2 Ms; shorn lambs (..-.. Auckland market. The X-..'\v Zealand Loan and Mtriau■tile Agency Co., Ltd., report:— At Westiicld yards on Wednesday fat cattle were -yarded in larger unmoors than usual, iind the quality was excellent throughout. Owing to the freezing buyers not being able to operate as i'rcclv as usual, prices receded. Best oxen sold to 30s per llffllb, others 2lis to ills, cows and heifers ills to 28s. Steers sold at from. 17 His to ,£l3 7s lid, cows and heifers £-1- 15s to £8 Ills, heavy vealors £3. 15s lo £t ss. medium weights £2 5b to £3 3s, others 20s to £2 pi, lighter and freslily-dropiied !!s to 15s. Shce]) were yarded in extra largo numbers, and sold at lower rates, wethers being from Is to 2s per head lower, ewes about the same, llest wethers sold.at from 20s 3d to 23s ild, others 15s (id to 20s, ewes, best quality 15s ild to IDs 3d, others lis !)d to 15s' 3d. Lambs wore yarded in large numbers, and sold at iowcr rates. Extra well fatted sold at from 15s 3d to 17s I'd,'- others 8s (Id to 14s !)d. Vigs were penned in large .numbers and Bold at late rate?. Baeoners £3 5s to £3 ISs. large porkers £2 .5s to £2 ISs (id. porkers £1 Ss to £1 His; no wcancrs yarded. LOX'DOX DAIRY I'KODL'CL RKI'OIIT. Messrs K. fli-ifi'itliii ami Co. are i» roeeipt of the following market report •from their London principals, Messrs .Mills and Sparrow, dated London, December 5, l'!) 13':

Butter.—The general trade has been good throughout this week, and all dcRcriptioiiM of butter have been meeting a letter market. A good' deal of this improvement can 'lie put down to the altered sentiment in the position, owing to tlie delay with New Zealand arrivals, caused through strikes, and the consequent shortage, of line butter between ..mow and Christmas, so that" buyers are realising that they will not get matters all their own way for the next two or three, weeks. Continental butter generally is steady and lira, wii.li values unchanged. Australian: Quality is fairly good; and the percentage'Of line butter is better than last year, which-is a most satisfactory state of nll'airs, and wo think if our colonial friends will make up their minds that they are going to ■manufacture choice goods, and penalise severely those who send in secondary mid poor cream, they will soon have a much more, .satisfactory business, and that no complaint will 'be heard. Enquiry on this side for fine butter is as good as ever, but the position on secondary is on a different basis than it used to he, owing to the very largo increase in imports of this description, caused .mainly by the increase in Siberian production. New Zealand: High prices have been made for the goods per s.s. Ruapclr.i, the next arrival not being due until December .'!!• Holders consequently have'been very linn in their demands, and the goods are selling at our quotations. " Colonial arrivals this week consisted .of-Australian: JVr s.s. Aeneas ID.; .boxes, Buteshire , 7") l) boxes, Commonwealth ■!"!> boxes, Marmora 24,00(1 boxes. New Zealand: i'er s.s. Huapohu, 22,501) boxes. Danish: Market is unchanged, with a fair enquiry from all quarters. . Siberian: Arrivals are now verv small. Stocks are being rapidly depleted, and any change in quotations shows an improvement. Argentine: There is nothing fresh to report in this connection. Arrivals continue light, with prices a little firmer.

tai-iiac-acrc maori spurts club (w'ks'i." (wast*. RECREATION NivRTS GROUND, NEW PLYMOUTH, THURSDAY, .lAXI ARY 2!), 1!!U, At 11 o\.icl: lUii;. PROGRAMME: ■ 1. MAIDEN' HANDICAP, U0 \ards.--First prize 2l!s. (Spcn.o a!! v. ho have never won :iu ad\ei.::ir iv, v. Post entry Is. 2. KAIPAKOPAK.O 111 CYCLE P.-'XI)!-OAP, oho mill!.— first prize u-opliy wortli 20s, second Ills. For .Maoris only. Nom. Is liil. 3. POTATO-PICKLING COM.': i iTiOX. Maori method.—First prize 2i,'s, necond 10s. Post entry Is lid. Each woman to scrape six potatoe-; auu j make a kono (dish) out of !!:;:; to I receive her petal oca. Firs!, prize | to be awarded for t!is f'.rsi. and ) cleanest scraping. (Waruv.ani taewu j whakataetae ma nga vahino _\;auri. j E onolaewa liei waruvvaru n:a l.e waliine kotalii, ma to ra;'a:iga. aim • le koiui lie li:',ivi;o!;e, ; !"i tsko-

1 ' tnrang.i ii'.o ana t:iev>\\ hoatu e parailii ki to mea i tere. i pai te wuniwa.ru auga anake liei warnwarn. I'orii ilii! tuatahi 2.0 herein, tnarna KI hereni. Me utu i lima ote tnanga kite pnrci, 1-s (id). 4. TAI-UAU-AURU HANDICAP. 100 vards, open. —First prize 50s, seuiud 15s. Norn. 2s Cd, ace. Is. 5. IUCYCI.E RACE, one mile, open.— First prize 40s, second 20s. Xom, 2s (id. ace. Is. ■ C. TUG-OF-WAR, cpcu.-Fii'st )>ri/.i' (10s, second 20s. Teams to consist of 10 men a-side. Throe or more teams to compete or no second prize. Xom. per team 1 (Is. post ontrv. 7. GRAND POI DANCE COMPivriTlUX.—First prize 70s, second 20s. Xom. per team Bs. To be performed by Maori women of not more than eight nor less than six in a team. Teams to be led by a .Maori woman captain. A trophy to bo presented to the best captain. (Poi whakaiaclae ma nga wahino Maori, kin kaua. e neke alee i te warn, kin kaua e hoki ilio i te oho mn rcio i lekapa poi kotalii. koia kapa i>oi me whai kapene, ara kai takitaki. i'araihi tuatahi 70 hereni, tnarna. 20 liereni. Ka hoiitu tetnhi taonga whakapaipui ki te kapene i wini. Xainiiii'eiliana 8 horeni) 8. OROPURrRI HANDICAP, 100 yards, Maoris only.—First prize 20s, secmid 10s. Xom. 2s. DH.'AP, I'/: miles, open.—First prize j -10s, second 2l!s. Xom. 2s fid, ace. : Is. 'I 10. GUESSIXG COMPETITION, the : weight of goat.—Prize 10s. Post j entry, noni. Is. 11. TAI-'IIAU-AUHU HANDICAP, 220 j { yards, open.—First prize 00s, second ] 20s. Xom. 2s fid, aec. Is. 12. MAORI WOMEN'S RACE, 75 yards, handicap.—First prize 20s, second Ills. Post entrv; nom. Is. 13. BICYCLE HANDICAP, three miles, open.—First prize (ids, second 30s, third 103. Xom. 4s, ace. Is. 14. SCHOOL GIRLS' RACE, 50 yards, open to school girls under 14 years of age.—First prizei ss, second 3s, ; third 2s. Free entrv. . 15. HUMAN WHKELRARItOW RACE, 50 yards.—First irize 20s, second 10s. Post entrv: nom. Is lid. 10. MAORI WAR DAXgi COMPETII TIOX—To he performed by Maori men of not more than sight and not less than six in a team. Each team to be led by a. Maori captain. First prize 60s, second 20s. Xom. 'i 8s per team. (ITaka whakataetae ■ma nga Maori kia katia c nuku a.ko i te 8 e hoki iho ranei i te li i te kapa kotalii koia, kapa liaka me i whai kapene, ara kai takitaki. ■ Paraihi tuatahi mete kapa i wini I 00 hereni, tnarna 20 hereni. Kami- I neiliana S hereni). 17. TAI-HAU-AURU HANDICAP, 440 ] yards, open.—First prize (10s sec- 1 ond a. trophy and 10s. Xom. 2s Od, | ace. Is. , I \ IS. SCHOOLBOYS' RACE, 100 yards, j open to school Boys under 11 years of age—First prize ."« second 3s, third 2s. Free entrv. j 10. THREE-LEGGED RACE. First prize 30s>, second 10s. Post entry 2s. 20. MAORI MARRIED MEN'S HANDICAP RACK. 50 yards.—First prize 20s, second 10s. Post entry 2s. Points Prize (Gold Medal) for events 4, 11 and 17. Points to count: First 1, second 1. RULES AND REGULATIONS. ]'.' Ail competitors must be registered. 2. Four competitors or no second prize. 3. The committee hold the right to postpone or alter the programme. 4. All events run under the rules of the New Zealand Athletic and Cycling Union. 5. A gun will l>e fired three minutes before each race.

(i. The. race will sa'rt punctually upon the expiry of such three minutes. 7. All protests must be in the hands of the. Weeretnry, in writing, not. more ; than a quarter of an hour from the .finish of event in dispute. Protests must be accompanied by a deposit of IBs: S. All acceptances must be' in the ■hands of the Secretary on the ground on or before 11 o'clock a.m. Nominations for events Nos. 2.", 4, f>. 7, S, 0, 11, l:S, 1(1 and 17 mu..t..bo in writing and accompanied by the necessary fees and delinite particulars of last two years' performances (if anv). All handicaps will hi' declared in the Taranalci Daily iNews and Taranaki Herald. NOMINATIONS ''lose with the Hon. Secretary on MONDAY, .l:\nuary ]!), Itll I. (Nga namineiliann. mo nga purci e whakahuatia i rnuga. ake nci nga nama ara mo tc taha Maori me nga Pakeha hold ka tutaki hi te Hekeiitori i te IP o nga ra o Hanneri, 1!)14). Admission: Ground* Is, Knclosuro Is. Children half-price. Train arragements will he notified in papers later. Soft. Drinks and ■Refreshments on Ground. CONCCI!-? and DAXCK will be held in the Good Templar Hall in the even■iiu.' after Spoils. See advertisement in .papers later. .. All cnmmi'mre.Cms to he addr—'d to '■'amitid .1. .Tackso-i lion. Scvd .:.•, Tai-hau-nuru .Maori '-'norl" f.'il'b. V, w Plymouth. .