COMMERCIAL.

Taranaki Daily News, Volume LVII, Issue 236, 15 March 1915, Page 2

COMMERCIAL.

LONDON MARKETS. London, March 12. Silver, 25 5-1 (Id per ounce. Share Quotations.—Wailii 3Si Od and : ts 3d, Talisman 29s 4'/ a d. Copper.—Spot £O4 15s to £65, three months £OS 2s Od to £65 7s B, electrolytic £OO 15s to £7O ss. Tin.—Cash £IBO to £IBO 10s, three months £lO6 to £l6O 10s. Pig-iron, 58s 2d. Lead, £2O 17s Od to £2l 10s. Sugar unchanged. Butter.—Very firm. Tt is believed Germany and Austria arc buying Danish largely. Choicest Australian 13Gs to 138s, exceptionally )40s; New Zealand 138s to 140s, exceptionally 1425. Cheese. Firm; New Zealand 02s to 945, Australian cleared. Bacon. Steady; Australian Cumberlands 02s to 63a. Wheat.—Quiet and unchanged. La Plata rather easier; December 65s od. Barley.—Australian Chevalier 30s Gd to 41s Od, brewing 40s. Peas and Beans:—Quiet and unchanged. Bradford Wool.—Very firm; users are holding off, awaiting the London sales. LONDON DAIRY PRODUCE REPORT. Mr. E. Griffiths has received the following market report from his London principals, Messrs Mills and Sparrow, dated London, January 29: Butter r There has been a little slackening in the demand by buyers this week and values generally have'given way 3s to Is, with the exception of Danish, which is nearly fis less than the quotations of last week. At the lower prices there has been more business passing, and stocks are well cleared. Colonial arrivals this week consist of: s.s. Malwa, 42,821 boxes'; s.s. Roscommon, 11,73!) boxes.

Cheese.—lmports are not as large as the exceptional demand requires, and with trade and Army requirements not being fully satisfied, prices show a further appreciation on the week. Tt. is difficult to talk about the .future at these times, but these high prices must have an effect on the retail trade before long. LONDON MARKET REPORT. The. New Zealand Loan and Mercantile Agency Co., Ltd.. have received the fo]lowing.,.cablogrnm from their London house, under dat e 10th inst.:— Tallow.—We quote present spot values for the following descriptions: Fine mutton 42s per cwt., good beef 40s 9d, mixed 38s. The market is dull, with downward tendency. TARANAKT WOOL. SKTN, HIDE AND TALLOW SALES. NFAYTON KING'S REPORT.

At the sale of above produce hold on Tuesday, March !l, I catalogued 153 bales and 255 sacks of wool, 2250 sheepskins, 10 casks mid 57 tins tallow, 498 hides and 237 calfskins. The attendance, of buyers was large and bidding was partiticularlv spirited on wools and sheepskins. Many of the lots of wool wr; Ir.uliv affected wit.li s 1, and prices for these showed little or no improvement, but all clean parcels advanced Id to lid per Hi The top price obtained was foi three, baies of Komnev ileecc on account (.( Mr. Clem. Cold well, which realised 131,1 per lb; two bales of fleece from Mr. \V. A. Allen brought 12:; d and his lambs' 121,1. I quote:— Wool—Romnev 13.M, bright crossbred 11 : , Mto coarse lid to 11.VI, dingv KM to 11.1.1, seedy <V|,l to 111,1; lambs, superior Is to 121,1. short and stained !)!d to 111,1, slightly seedy Sid to Klld, bad seedy fid to Sid, cnitchings "id to Sd, dead Old, pieces 7d. In sacks: Best Ileecc ll.Jel to" 12.} d, stained IOJd, seedy lOjd, lambs 11.[d to 111,1, .seedy flijd to Sid, dead GJil to !IJd, cnitchings 71,1 to Sd, pieces fijd, locks 5d to o.ld.

Sheepskins again advanced 1.1,1 per 11), with a very strong demand. Eull-wooled skins 9Jd 'to IOJd, best lambs 101,1 to 10? d. farmers' rough lOd, half-woolcd pelts Sid to 9d, shorts 5d to 7d, damaged and inferior 4,1 to 01,1, dead and damaged Id to 4d, dead lambs 71,1, skin pieces 41,1. Damp lines: Heavy pelts 4s 3d to 5s Id. light Is 4,1 to 4s Id, lamb pelts lid, full-wooled 0s to Us 7(1. Salted lines: Woolly 0s Oil to 7s, best pelts 4s to 4s lid, light 2s to 3s Od. inferior Is 0,1 to 2s 0,1, lambs 3s to 4s Sd, damaged Gd to Is lOd.

Hides—Market easier, declining Id to Id per lb. Cow, heavy superior OJd to Kid, medium Old, light' 91,1 to 9=,1, ordinary" heavy Sid to iljd, medium Old to Old. light 9d to OJd, cut 7Jd to Sd, ox medium S.ld to OJd, horse 5s Gd, stags 0.1,1 to OJil, cut 51d, farmers' cow 7}d to S,l, cut and slippy 5d to fid, dry Old to 8.5(1, vearlings 71,1 to 0 : ld, cut and slippy 5d to Old.

Tallow again advanced £2 per ton. Best mixed 27s Cd, medium 2;5s Cd to 26s (Id; in tins, 22s to 2,15. Calfskins—Few offering; poor demand. Best lines lOd to 10' d, inferior 7d to Kid, cut ,sil to SJd, slippy 3id to 4}<], drv Is r«l. Bones, '£"> per ton. Horse]]air. 2s OJd per lb. [ Oowtails, Is Od per dozen. float skins, Is 5d each. Owing to my next sale date falling at Easter, the next sale will be postponed till a week later, and will now be held on April 13. STRATFORD 1111)10, SKIN, WOOL AND TALLOW SALES. W. M. BAYLY & CO.'S REPORT. We held our usual monthly sale of above produce on Tuesday last, when although our catalogue was smaller than usual we had a most successful sale. Wool of all classes, with the exception of seedy wool, was eagerly sought after ami j advanced Id to lid on last sale. We I report the sale privately of ifiil and 100 bales at a satisfactory price of over Is per lb all round. Sheepskins also advanced. Hides showed a decided drop on prices of last sale, while tallow showed a slight rise. We quote:— Wool—Crossbred, in bales, Is per lb; lambs, slightly seedy, Sd to lid; fleece, in bags, IOM to Is; crutcliings, (I'd to Sd; pieces and bellies, -tjd to 7d;"dead wool, !)W. Sheepskins Settlers' three-quarter wools, 10d; full-wool, Sd to !»d; butchers' lambs. OJd; settlers' pelts, 5.U1 to 7d; settlers' half-wools, Sd to S.'.d. " Hides-Settlers' cow, S:Jd to !!d; settlers" calf, averaging -l.'.lbs, y.'.d; settlers' yearlings, Sid. Tallow—ln tins, 10s to 22s 3d cwt. Bones, 4s 3d cwt. Horsehair, Is 0d per lb. Our next sale will be held on April fi, when vendors may rely on their consignments receiving every attention.

LOAN & MERCANTILE CO.'S REPORT. The New Zealand Loan and Mercantile Agency Co., Ltd. (Stratford branch), reports as follows: On Wednesday, March 3, we held our annual sheep and ram fair at Tahora, wilh the kind permission of ("'has. McCutchaii, Es(|., in his yards. There w.is a large attendance of (he. public and a fair yarding of sheep at this centre, 1201 being penned. Competition was good and 110(1 were placed at the following prices:—F.M, ewes from 13s Od to 14s lid,

2-tooth ewes 15s 3d to 17s, 2-tootli wethers 16s 6d, 4-tootb. wethers 18s, 2-tooth Romney rams 3gns., f.m. rams 10s 6d to Ign. On Thursday, March 4, we held our supplementary sheep and ram fair in our Koluiratahi yards. There was a representative attendance of farmers. Bidding was keen, and most lines yarded were disposed of, the number penned being 2025 sheep and 254 head of cattle. Lambs, suitable for rape, fls; f.m. ewes, poor quality, Cs to Ss Od, medium quality 0s 9d to 12s, fair lines 12s Od to 13s fid, 2-tooth ewes (small) 10s 8d to 15s fid (for fair sheep), 2-tooth wethers (small) 13s, f.m. rams 15s to 21s, 2-tooth Romney rams 1} to 2sgns., 2-tooth Lincoln rams 2 to 2Jgns.; IS-months heifers 43s to 51s, 2-year heifers Oils, 2}-year heifers 07s, store cows up to £5, weaner steers 37s Od, bulls (small) 74s to 80s. Our next Koluiratahi sale will be held on Thursday, 25th inst. On Friday, March 5, we held our supplementary sheep and ram fair and cattle fair in our To Wera yards, when we had a fair yarding of 2053 sheep and 172 head of cattle, most of which were disposed of at satisfactory prices to a large attendance of buyers. Lambs (small) 5s Od to Os od, good fls 7d, f.m. ewes 0s Od for poor, 12s to 12s 7d for medium and-13s lOd to 14s 4d for fair sheep, 2-tooth ewes (small) 12s fid to 14s Id, 2-tooth wethers (small) 10s Od to Ifis Id for medium, 4 and li-tooth wethers 16s Sd, f.m. rams lgn., Cheviot rams 12s, fid, Lincoln rams lj to 2gns., Romney rams H to 2} to 3gns. Our next Te Wera sale will be held on Wednesday, March 31.

On Monday, Bth inst., we held our supplementary sheep fair in our Stratford yards, when we hud a fair yarding of 2735 sheep, of which we sold i»08. ' The attendance was fair and competition was good for most lines. Old ewes (poor) made from 8s 3d to 0s 2d. medium 0s 7d tp lis, fair lis fid to lis Od, 2-tooth wethers (very nice line) 17s 3d to 17s od, 2-tooth ewes (very nice line, on account of C. M. Young, Tarikt) met with very keen competition, and fell to the bid of a Ha wera buyer at JBs Od; 4 and fi-tooth ewes (good line) 17s fid, cull lambs (small) 5s 3d to (is Oil, medium Ks fid, fair lambs 9s lOd to 10s, good lis lid to 12s, 2-tooth Lincoln rams I}, 2 to 2J to .'l!|gns, Komnev rams 2:{ to 3"i>.s. Ci. Tuesday. March 9, we held 'our VMial fortnightly sale in.our Str.itford yards, when we had a fair yarding of 5,-2 head of cattle and 455. sheep, most of which were disposed of at the following prices. Weaner heifers wct" du lof sale, but sl.eii'i were in fair demand. I'aOc-ward-conditioned cows were neglected. Poor and small store cows 55s to 755, empty cows Oils to 70s, store cows (medium) 80s to 90s, bulky cows (showing condition) Oils to Il7s-(ld, fat cows (medium weights) £(> Gs to £G Ss, 2-year heifers (small) 40s, 18-months heifers (K.W.8.) 535, weaner heifers (good) IDs fid to 24s fid, mixed wo.nners 20s for poor, 21s fid, 2-ls to 25s (id for medium quality, yearling steers (fair quality! 31s fid to -lis, IS-iiionlhs steers (fair line) £3 12s fid. 2J-year steers £.l 2i, 3-yenr steers (medium quality) £5 10s, bulls £5 15s for small to £lO for fair-sized cattle; f.m. ewes from 8s lOd to 10s. At this sale we also offered on behalf of the Belgian Relief Fund one lamb, donated by Miss Grace Colson, of Pembroke

road, Stratford, which was bought and passing through the following' bands:—Hy. Collins, Stratford, 10s; fico.j Willis, Kohuratahi, ss; Alfred Respiner,! Douglas, ss; W. D. Colson, Stratford, ss; T. Inglis, junr., Toko, ss; Z. T. Walker, Stratford, ss; Geo. Rawlinson, Matau, ss; Tony Zurclier, Toko. ss; N. B. Fryday, Ngaere, ss; W. IT. IT. Young,' Stratford, ss; T. Olnvmnev, Tarata, ss; A. J. Cranton, Cardiff, ss'; W. and E. McL'Dowio, Matapu, ss; Jas. Sullivan, Matapu, ss; M. IT. Barnitt, New Plymouth, ss: Walter Williams. ss; Yal Smith, Midhirst, ss; C. E. Young, Tariki, os; T. T). Colson, Stratford, 10s. Our next Stratford sale will be held on March 23. On Tuesday we held our usual monthly sale of wool, skins, bides, etc., wdien we had a fair catalogue of 121 packages of wool and 290 liides, skins, etc., all farmersVlines. There was a fair attendance of buyers, and competition was particularly keen, most lines, excepting hides, advancing in value, and are now in cornparity with London values. Notwithstanding the fact that most of the wool showed seed, we managed to place some' nice lambs' wool at Is ljd. If farmers could see their way to support these, sales to a greater extent it would be a great advantage to the district. Most of the wool contained seed and biddybiddy, which particularly detracts from its value this year, wing to the Belgian manufacturers being affected by the war and owing also to the fact that English manufacture™!, up to the present, have not taken readily to this class of wool. However, from private advices recently we understand that several carbonising plants Aavc been erected in England and will be in operation during the coming sotefon, so growers of this class of wool will in the near future receive more consideration and receive better prices for their woo.l. Lambs' wool, very biddy-biddy, passed at fid to 61(1; medium IOJd to lid; good ileece and lambs' wool realised lid to 12],1; no really tip-top lines offered; pieces, small, G : ]d to Old, dead wool OJd to 10,1, black Old, crutcliings 7}d to Sid, dingy lambs and seedy 9:}il. Sheepskins: Pelts, small and with' little wool, Is 2d; good spread, little wool, 2s lid to 3s Id; crossbred, torn and dead, 2s 4d; crossbred, fair woolled, 9s 4,1 to 12s; salted skins, fair wool, 8s; medium-woolled, fair pelted skins, 3s 0,1 to 4s 0,1; heavy hoggets up to 5s fid; lamb skins up to 3s 9d; cow hides, inferior, badly flayed, 51,1 to SJd; fleshy, Sd; yearling hides, 7M; good skins, 8d to 10(1. Tallow, in tins, 20s. Our next wool, hide and sheepskin sale will be held on Tuesday, April 13. Si nee. we last reported we have handled a lot of stock of all classes at the following prices:—Store cows (small) £4 5s to £4 (is fid, weaner heifers 16s to 21s. weaner steers (good demand) 2Gs to 38s, 2-tooth ewes (small) 10s to 15s 3d, f.m. ewes 12s 3d to 14s, 2-tooth wethers (small) 13s (id, 4 and fi-tooth wethers 10s, rape lambs 10s to lis (id, cull lambs 5s to Ss, Lincoln rams 3Jgns., Romney rams, f.m., 1 to IJgns.

WAITARA'S MEAT EXPORT. Tiio. steamer Karamea, now loading in Waitara roadstead for London, takes the following cargo:—l67o quarters beef. 3">o sides veal, 48 quarters veal, 4500 carcases mutton, GOO sacks l>eef, 8000 carcases lamb, 425 casks tallow, 500 hales wool. The operations will lie coniliuleil about Tuesday night.