COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 125, 20 October 1914, Page 2

COMMERCIAL.

' LONDON MARKETS. t}y (Jauie—Pre(s uuiat<un--Copy right 1 London, October 17. ' Jute.—October shipment, £lB ss. ' Hemp—'Dull; October,. £2l 10s. ' Silver 23i/ a d. ' Tin—Straits, about £24. ' Lead—Soft, foreign, for Shipment, £l7 2s 6d to £l7 12s 8d; spelter, £22 15s to m 5». London, October 18. Wheat—'Very firm. Sixpence more is generally asked. The wheat and flour afloat for the United Kingdom is 2,110,000 quarters, for the Continent 1,405,000 quarters; Atlantic shipments 535,000 quarters, Pacific 32,000 quarters. The total for Europe is 875,000 quarters, Argentine and Danubian nil, Russian 20,000 quarters, Indian 125,000 quarters, Australasian 4000 quarters Rabbits —Firm, owing to the dearness of meat, the cessation of Ostend shipments, and the temporary shortage of Australian, owing to the delay of the steamers; New South Wales blues 18a 6d.

Frozen meat. —New Zealand: Lambs, Canterbury, best 6 l-16d; beef, fores 5%d, hinds 6'/ B d. Australian: Ewes, 5%d; beef, fores s s / g d, hinds fi%d. Argentine: Frozen beef, fores 5y B d, hinds 5%d; chilled, fores 5 3 / B d, hinds 5%d. :Uruguay: Frozen beef, fores 5%d, hinds 6%d.

Rubber—Para 2s Bd, plantation 2s 3d, ainoked 2s 3y t d. Copper—Best selected £54 ss, electrolytic £52 ss. BANK REPORT.

London, October 18. The report of the English, Scottish and Australasian Bank shows a profit of £253,251. Interest on pereptual stocks absorbed £O7 ,<>2.7, and £15.000 was placed to the reserve, leaving £l4O i- , for division. A further dividend of 4 per cent, was declared, £35,000 placed to tho reserve, £14,385 appointed for the cancellation of deposits, £SOOO added to the officers fumd and £4083 carried forward. The deposits total £2,816,818, current accounts £3,041,109, cash investments £2,864,840, bills £1,337,131, and advances £6,452,764. INVESTMENTS AND DIVIDENDS. London, October 17. The New Zealand Shipping Co. has declared a dividend of sixteen Shillings, and carried' forward £27,770. The Auckland Electric Tramways Oo.'s profit balance is ffASOI for the year's TOiltinp. A dividend is (paid of nineteen pence ipor qhire. £10(10 added to the resorvc. and £5876 carried forward.

The Government is inviting tenders fnc fifteen mil'lion Treasury bills on the 21st.

NEWTON KINO'S WEEKLY REPORT. On Friday, 9th inst., at my Waiwakaiho yards, I had a full yarding, all accommodation being fully taxed. The quality and condition of tho cattle throughout was ragged, prices, however, being Well maintained, a good clearance being made as follows:—Yearling steers £2 9s to £3 ss, Jerseys £1 7s to £1 I4s fid, Jersey yearling heifers £2 8s fid to £2 19s, good Shorthorns up to £2 8a Od, smaller heifers £1 69 to £1 18s, empty 20-months heifers £2 IDs to £3 10s, heavy fat cows up to £9 16s, forward and fat cows £5 3s to £6 18s 6d, storo cows (good) £3 19s to £5, smaller cows £3 3s to £3 10s, very small-fram-ed cows and low in condition £1 12s to £2 13s, 2-year springing heifers £4 10s to £6 7s 6d, very small heifers (hard of sale) £3 5s to £4, 3-year springing heifers £6 2s 6d to £7 ss, dairy cows £5 to £7 ss, empty ewes 18s fid, hoggets 12s 8d to 163 Bd.i

On Monday, 12th inst., at Douglas, for Jny monthly sale I had a full yarding, most of which I was able to clear as follows:—Empty heifers £3 3s to £3 lis, yearling heifers (best) £3 10s 6d to £'2 17s fid, good up to £2 ss, others£l 2s to £1 l'6s Gd, yearling steers £2 2s to £3 7s Bd, mixed yearlings £1 19s fid, store cows £3 6s to £4 18s, forward cows £5 0s to £6 3s, pedigree Jersey bull l<4gn3., grade bulls £7 to £7 10s, cows and calves £4 17s Od, springing heifers £0 to £8 10s, small £3 10a, dairy cows £7 ss, and a fine line of GOO hoggets were sold under keen competition at 17s Id.

At Stratford on Tuesday I had a good entry of all classes, there being a good demand, prices showing an advance right through the sale. Yearling stuers were enquired for most, those yarded seMing very readily. Excellent prices are offering for store and forward cows at present, making a good opportunity for dairymen to rid themselves of unprofitable dairy cows and replace with heifers. 'Prices obtained were:—Empty 2-year heifers £3 2s to £3 15a, yearling heifers from £2 2s to £2 17s for wellgrown, and £1 8s to .1.1 19s for smaller, yearling to 15-months steers £3 Os to £3 13s, yearling steers £2 (is 6d to £3 Is, small and weedy £1 10s, cows and calves (small) £3 to £4 lis, 20-months steers (rough) £4 43 to £4 9s, fat cows £7 10s, heavy forward cows £5 6s to £0 lis, good store cows £4 3s to £4 PBs Gd, smaller framed cows £3 4s to £3 18s, bulls £5 10s, empty owes 18s 9d, ewes and lambs 235, cull ewes lis 3d. In the dairy yards all pens were full, and although I had no very choico heifers to offer, there were a good number showing fair quality, but in most cases the heifers were on the small side. Best heifers sohl up to £8 10s, other good sorts £,"> 5s to £0 15s, small heifers £3 to £4 17s fid. dairy cows £3 10s to £5 12s fid, the 81 springers sold averafrinc £5 10s Od.

On Wednesday, 14th inst., for rtiy spring cattle fair at Stonv Eivcr I had an entry of fully 1200 'head of stock, r big proportion being first-class cattle, reflecting much credit on the vendors and the coast generally. Buyers were present from all parts of Taranaki. making keen coinpeition for all lines offered. A very fine line of 50 forward 4 and 5-ycav bullocks was yarded by Mr. Joseph Lawn, of Warea ,the first pen of 20 being sold at £1,3 4s fid and the balance at £l3 5s fld. A pen of fat 3-year-old bullocks made £l2 l-ss, 2 to 2'/.-year steers (good c-attle) made £fi 2s and £0 3s, younger cattle £5 7s, £-1 IRs fid. £.( 17 s , £4 10s, £4 Os Gd and £4, fat cows (verv heavy) up to £lO Is, good cows £7 10s to £8 7s, others up to £7 ss. bigframed cows in forward condition £6 to £6 19s, others £3 3s to £o 17s, good store cows £-1 5s to £5, other cows (lighter framed) £3 fls to £3 17s, small cows £2 12s to £3 ss, yearling steers (strong demand) £3 2s to £3 lis, smaller steere £2 4s to £2 ISs. yearling to 15-months heifers (tops) £2' 10s fid to £3 6s fid, good £ 1 19s to £2 i)s, smaller heifers £1 12a Cd to £1 17s, cows and calves £3 4s for very small and poorconditioned to £4 7s for fair-sized Jerseys (no Shorthorn cows and calves offering), springing heifers (mostly small) £3 15s to £8 15s, empty 20-month to 2-year heifers (strong demand) £3 10s to £5 14b fid, smaller £2 19s to £3 Bs,

dairy-bulls■'£■& 10s to £l2 103, yearl: ngs I up to £5, bulls for canning £4 10g for smallish sorts up to £8 log for g< oil conditioned' aged bulls, vealers £1 lOtr to £2, ewes and lambs £1 7s 6d. For my annual bull fair at the Waiwakaiho yards on Thursday I had a good entry, bulls coming forward much in excess of advertised numbers. Buyers were available for all the bulls offered, and very good prices were obtained. There is at present a shortage of good grade Shorthorn bulls, the two 3-year-olds on Thursday making £l7 ISs and £ls. Sixty-three bulls were sold, the prices obtained being as follows:—Pedigree Jersey bulls: Yearlin;;.. J to llgns., 2 and 3 years, 13 to 5 and fi years, 9% to 20gns; ageii, 7 to Bgns. Grade Jeracys: 2 and 3 years, £8 10s to £9 15s, yearling to 18-nionths, £i to £4 10s; pedigree Ayrshire, S'/igna; yearling Shorthorn, £6 IDs; 2-year grade Holsteins, £'9 10s to £ls, 18months £5 10s to £9, yearlings £3 15s to £5 10s.