COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 112, 5 October 1914, Page 2

COMMERCIAL.

BANK OK ENGLAND RETURNS. By cable—Press Association—Copyright London, October 2. Tho Bank of England returns for the week ending Wednesday iast are as follow: — Cold coin, £32,318,000. Reserve, £3(5,392,000. Notts circulation, £31,1575,000. Public deposits, £22,244,000. , Other deposits, £137,287,000. Government securities, £24,732,000. Other securities, £110,820,000. Proportion of reserve to liabilities, 22.81. Short loans, 2>/ 2 per cent; three months' bills, 3% per cent. 1 LONDON MARKETS. Loudon, October 2. Wheat: Dull. The downward tendency continues. Australian, landed, 475. Flour: Quiet. Australian, ex store, 30s and upwards. Oats: Dull. New Zealand, ex store, 2tts to 31s. Peas and beans: Quiet and unchanged. Butter: Very firm. Thcro is great scarcity of choicest, and a further advance in Danish, a considerable quantity of which is believed to be going to Germany. Choicest Australian nominally 124s to 130s. New Zealand exhausted. Cheese: Steady. Canadian, 74s to 755. Pig iron: 50s lid. Spelter: £25 10a. Tin: Straits, near delivery, £135 10s. • The stocks amount to 17,09 i tons, spot 750 tons, afloat 3555 tons, deliveries 2813 tons. Bradford wool: The market is buoyant, and there is fair business doing. Quotations—s6's, 24d; 50's, 21d; 4U's, 17'/ s d; 40's, lG'/ ? d. Sugar; American granulated, shipping 'or shipped, 2Gs 3d. Jute: Native first marks, spot £22. NEWTON KING'S WEEKLY REPORT. At Waiwakaiho on Friday, 25th ult., I had a full yarding of all classes with a good attendance of buyers, J}idd;j;£ throughout was brisk, practically all lines being cleared at'advanced rates as follows: Yearling steers (mostly rough), £2 to £2 Ilia; ye'arling heifers, good, £1 IT S Od to £2 10s; smaller, £1 10s Gd to £1 15s; empty two-year heif* ers, £2 15s to £3 7s; 2-yr, steers, £4 17s;'forward cows, £5 5s to £0 3s Od; fresh conditioned cows, £4 9s to £4 18s; store cows, £3 15s to £4 4s Od; small framed, £2 15s to £3 10s; aged, £2 to'£2 8s 0d; bulls, £5 ss; ewes and lambs, (small farmers' line of f.m. ewes, with 36 lambs), £1 7s fid; springing heifers, best, £6 2s (id to £7 7s 6d; good, £5 5s to £5 15s; small, £3 5s to £4 12s (id; guaranteed eows, £4 las to £G 12s 0d; aged, £8 2s Od to £4; Mr Heppel's dairy eows were mostly in milk, tho best'cows selling from £lO 10s to £l3; good sorts, £7 to £8 15s; empty or aged cows, £3 1 12s fid to £5 ss. At Toko on Monday, yearling steers 'brought £2 15s; empty heifers £3 5s Gd; store cows, £4 to £4 IGs; springing heifers, good, £6 10s to £7; small, £3 .103 to £4 10s; dairy cows, £7; aged ewes and lambs, 13s Od, cull hoggets, £7. On Tuesday, 2!) th, at Stratford, I had a good yarding and attendance. The enquiry for all classes was much improved, spirited bidding being obtained for all lines offered, and a good clearance was effected at prices well ahead of recent sales. In tho dairy yards 1 had a full yarding of springers and although there were some nice heifers distributed through the lines the quality throughout was below previous yardings. Small springing heifers still 'continue hard for sale but for well grown heifers showing quality I have an unsatisfied demand. A line of 40 Shorthorn yearlings just off the turnips, was yarded by Mr. Frank Copestake), the steers realising £3 12s Cd, and the heifera £2 10s; other yearling heifers, well grown, made from £2 2s Od to £2 14s; smaller, £1 17s to £1 ISs; yearling bulls, £2 , 9s; yearling steers, £2 17s Od to £3 8s; smaller, £1 8s to £2; 15-months steers, £3 15s; 2-yr. steers (Tough), £4 17s and £4 18s; Jerseys, £3 lis to £3 17s; empty 2-yr. heifers were selling readily at from £3 3s to £3 15s; small eows with calves at foot, £3 13s to £3 19s; store cows, good, £4 2s to £4 16s; fair sorts but smaller framed, £3 7s to i£3 17s; aged cows, £2 10s, to £3 ss; forward cows (unsatisfied demand) at from £5 2s to £(i Gs according to size; fat cows. £7 12s; bulls, £4; cull hoggets, 10s 3d; ewes in lamb or with lambs at foot, £1 2s and £1 2s fid; dairy cows, £5 10s to £8 15s; heifera calved, best, £G 15 s to £8 17s fid; small, £4 to £4 ss; best springing' heifers, £6 10s to £8; good, £5 15s to £6 ss; smaller heifers, £5 to £5 12s Gd; small, £3 5a to £4 12s 6d. On Wednesday, 30th ult., at Stony River, I had a fair "entry, practically 1 all of which was cleared at tho following prices:—Yearling steers, £2 12s Gd to £3 3s Cd; yearling heifers, £1 lis to £1 ISs; 2-yr. empty heifers, £3 3fl Gd to £3 12s Gd; store cows, £3 lis to £4; forward cows, £5 to £G; fat cows, £G 17s Cd to £7' 15s; old stag, £2; good springing heifers, £5 17s fid to £7; others, £5 to £5 10s; small, £3 to £4 12s 0d; nanny goats and kids, lis; fat black faced ewes, £1 14s; fat woolly hoggets, £1 5s (both farmers' lines); sow and litter. £5 ss; store pigs, ! £1 2s Gd; slips, 15s to l«s: weane-s 10s to 13s Gd. Private, sales for the week: Yearling steers, £3 to £3 4s; vcarling 1 heifers, (Shorthorns) £2 to £2 (is; yearling Jersey heifers, (mostly fawns), £3 17s. (id; empty 2-yr. colored heifers, £4; 2-yr steers, £5; fat steers (2»/, to 3 years) £lO 10s to £11! fat cows, £8; store and forward cows, £5 10s, £5, £4 7 3 Gd, £4 6s, £4 ss, £4, to £2 15s; springing heifers, £7 lOs to £5; dairy cows, £9; hoggets, 17s and 17s fid; small 12s Gd; fat ewes, £1 ss; fat wethers, £1 7s fid; mixed fat sheep, £1 4a; and £1 4s 3d; empty ewes, 17a 3d.

AUCKLAND. The New Zealand Loan and Mercantile Agency Company, Limited, report:— At the W'estii'eld stock sale on Thursday. Best cows, close to profit, sold at from £8 to £9 15s, others from £5 to £7 12s Gd; heifers, from £3 10s to £8 ss; empty cows and heifers, from £3 3s to £5 8s; calves, from £1 18s.to £2 18s; and bulls from £4 10s to £8 Bs. Horses came forward in average numbers at the Albert Yhids on Friday, and sold at late rates. Heavy draught horses made from £27 to £35, medium from £l3 to £27; light harness horse*, from £8 to £l2 10s; hacks, from £5 to £lO 10s; and spring cart horses, £lO 10s. At tho Whitford yards on Monday, dairy eows made from £5 10s to £8; empty cows, from £i 12s Od to £0; heifers, £3 10s to £4; caJres, £1 10s to £2 10s; sheep made from 17s 3d to 20s; horses sold up to £9 12s 6dj sundries sold at low rates. At tho Wcstfield yards on Wednesday, prime oxen made -up to 37s 6d per

1001b.; others 34» to 3fls por 1001 b; steers told at from £9 10a to £lj l<Ja; cows and heifers, £4 to £l2. A draft of DO steers from the Okahokura estate averaged £9 18a. -Many other consignments averaged over £l3. Veul calves tanwi forward in large numbers, and told at late rates. Heavy vealers made from £.'! Ills to £4 13a; medium weights, £2 10s to £3 la; lighter aorta, £2 to £2 9.5; smaller, 20a to 38a small and freshly dropped, 3s to 18a. Sheep came forward in very largo numbers. Well fatted sold at last week's rates, and inferior fatted were a little easier. Beat ,' woolly wethers made from 28a to 32a !)d; others 24s to 27s 9d; shorn wethers, 21s to 20a 3d; woolly ewes, 20s 9d to 2fis 9d; shorn ewes, 18s fldto 23a. There was a good supply of pigs, which sold well. Large baconers made from £4 to £5 fis; baconers, £3 to £3 18b; largo porkers, £2 8a to £2 19s; porkers £1 lOs to £2 sa; slips, 20s to 28a; good wcancrs 13s to 22a 9d; others, 2j fid to Ba.

NEW ZEALAND IX>AN AND MERCANTILE AGENCY COMPANY, LTD. The New Zealand Loan & Mercantile Agency Coy., Ltd. (Stratford branch) report as follows: On Tuesday, 29th September, we held our weekly dairy heifer sale in our Stratford yards. Only a small yarding of 36 head came forward, but prices were well maintained for heifers close to profit and showing quality. Wc report prices as follows:—Three-year-olds £B, £7 10a to £6 sa; two-year-olds, £6, £5 15s, to £.5 for backward Borts; small two-year-olds, low conditioned, £5, £4 10s, to £4 ss; heifers with calf at foot, £5 10s. We report private salcß as follows: Two lines of good framed Southdown ewes and lambs, 23s 8d; empty owes, lis 9d to 12s; forward ewes, 16a, 17b Bd, 10s; good hoggets 16a 8d; medium, 15a U; small 12a; Shorthorn yearling heifers, Ate to 34a 6d; yearling steers, small, 52a fid, 54s Cd; good, 60s, 655; store cows, £4 ss, £5 ss; sound dairy bulls, Shorthorn, £0; Jersey, £4 10s; small Jersey, 40a; two-year-old Shorthora empty heifers, 67s Od, 70s, to 72s 6d. ; There was a good demand for all classes of stock.