COMMERCIAL.

Taranaki Daily News, 26 July 1915, Page 2

COMMERCIAL.

LOXDuX MAKKKT.S. By Cable Press Association—Copyright. Kcceivcd Julv'2.-;, .1.5 p.m. Loudon. .Inlv 24. The wo.il sr.los closed steady. So!;! for the Homo market 152,0(11) bales, for tin- Continent 15,1W0 bales, 1",11- the United States 5001) bales. Held over 72,000' hales, (lood combing merinos fully maintained tlii'ir opening advance, Russians operated freely, and t lie prices were generally seven imtl u-hull'to ten per centum above those of May. Shabby and faulty wciv live per cent, below tli' lowest in .May. finer crossbreds met ii strong French demand, and fully maintained the highest level ut the. year. Shabby and coarse crossbreds lost the opening advance, and dropped fully ten per cent., but recovered this week, and closed at a penny decline compared with ilay. Finer scoureds were strong, but courser declined lid to '2d. Slips declined Id to 2d from the highest merino. Lambs scarce, the best being five per cent, dearer, and crossbreds declined fully ten per cent. Until combing carbonising machines in France and Belgium are again buying there is little hope for faulty and shabby wools. The lethargic support in the Home market is due to financial considerations, owing to the congestion on the railways and the long time taken over combing the wool, there being a serious delay in converting into money. It is deplorable, (hat every comb is not working day and night, especially as the machinery in England is inadequate to cope with army orders. Kelson Bros, have declared an interim dividend of four per cent. Danish butter: 102$ to KiGs.

Wheat is firm and quiet; Chicago July options 10!)] to 112 cents, .September, Klojd to 107:' cents. Jute: August shipments €24 Tss. Hemp: July-September £3l 10s. Copra: August-September .€2l 10s. Cotton: July-August 5.08 d. Rubber: Para 2s Cd, plantation 2s (id, smoked 2s 5.1 d. Silver: 22 7-10 d. Babbits are firm. Australian blues in store 20d to 21(1. Sheep: Canterbury, light 7 3-1 fid, medium 7 1-llid, heavy OJd; Southland 7c!; Xorth Island Ojd, best brands 7d; civs Old. Lambs: Canterbury, light S.Jil, second qualitv S.'.d, medium Slid, heaiv B}d; North Island B.}d, selected 8 5-liid. Australian sheep, light and medium fiid. Argentine chilled beef: Fores 7{d, hinds Bijd. Other meats are unchanged.

WKLLIXCTOX MEAT COMPANY. By Telegraph,—Press Association. Wellington, Last Night, The twenty-sixth annual report of the Wellington Meat Export Company states that after providing €4230 13s for the. interim dividends for the half-year ended December 31, and €OB4B for depreciation, £32,241 12s (id is available for distribution. This the board recommends should be appropriated as follows: Dividend for the half-year ended June 30 £4230 13s, transfer to equalisation of dividends reserve €-1000, refund of amount withdrawn from equalisation of dividends 'reserve at June 30 €4230 13s, transfer to insurance: fund £SOOO, payment of bonus of two per cent. €2115 (is (id, transfer to reserve fund .€OOOO, further contribution to patriotic fund (making a total of €1150) ,€SOO, carry forward £OIOS. The balance sheet shows land and premises valued at £171,132 lis fid; sundry debtors £24,031 lis 3d, consignments and stocks £190,382 5s lOd, reserve, fund £42,(531, insurance reserve £lq,loo, equalisation of dividends reserve £B2OO 7s, freezing sales and manufacture realised €50,020 0s fid.

STOCK MARKET REPORT. The Farmers' Co-operative Organisation Society of New Zealand, Ltd., report: — At Lake Road, Hawera, on Friday, July 16, wc held a clearing sale of Messrs Turner Bros.' live and dead stock. There was a large attendance, and competition was keen throughout. We quote:— The best dairy cows sold at from £l3 to £l6 10s; others £7 10s to £l2 15-:; aged cows £5 to £7 ss; empty cows £4 15s to £6; springing heifers £5 15s to £7; horses £7 10s to £22 10s springing calves 325; 6tcers calves good £3 13s, and a large quantity of sundries sold at late, rates.

At Mr. J. Wallis' (Riverlea) clearing sale on Saturday, there was a good attendance of buyers, and a successful sale was held. Best dairy cows sold at from £lO to £ll 15s; others £6 10s to £0 10s; heifers £6 to £7 7s 6d. Pigs: Breeding sows sold to £5 os; store pigs to £1 Bs.

On Monday, July 19, at Road, Otakelio, we held a clearing sale of Mr. W. Walker's live and dead stock. There was a very large muster of buyers, and high prices were realised. Th,> best dairy cows sold at from £l3 to £l7 10s; others £9 10s to £l2 10s; cows to calve in September £0 10s to £!); weaners £1 12s; springing heifers £5 2s (id to £7 10s; horses £lB 5s to £22; harrows to £5 2s (id; spring cart £l(i os, and other sundries sold at ruling rates.

At Mr. W. Cardner's (Riverlea) clearing sale on Tuesday, 20th inst., thenwas n'good attendance, and a very satisfactory sale was held. The dairy cows were a choice lot, and competition was keen. Rest dairv cows sold at from CM to £ls; others'£6 5s to £l2 10s. Tie' whole herd averaged £lO 15s. On account of the very wet day Mr. J. llogan's Tc Kiri sale was postponed last Wednesday. The whole of his dairy herd will he sold at the Opuunke yard's on Monday next. At Hawera yards on Thursday there was a. large entry of sheep and cattle. Competition was keen throughout, and prices for all classes of sheep showed a rise on late sales. Best dairv cows old at from CO 5s to £ll 10s;'others Ui to Cd; aged cows £4 to C 5 15s; hoifevs 14 to C!l; fat cows, extra prime £11; others £7 to £S 10-; grown steers £7 10s to CO Is; fresh conditioned cows £5 10s to .£(! 55. ; store cows C 4 IDs to £5 Ids; boners £3 to £5: two-year-old steers C-l (is to £4 lis; vea'rliug heifers CI Ss to CI 15s: weaners Ills to 2Ss (id; porkers £1 12s to £1 lis (id. At the sale of breeding ewes from Messrs Larcom and Pratt, the bulk of them lieing (i-tooth. there were 11140 : u the. line, which realised 2!ls each. Wo quote:- Ewes in lamb sold at from 2us : fid to 30s; fat. wethers 27s (id; ewes His lid to £1 -!s Sd; i'lt hoggets, good 211s -Id: store hoggets lis to ir,s; rams Ids to £1 12s fid. At Hastings Road, "langatoki, on Friday we held a clearing sale of Mr.. .1. F. Catle/'s live and dead stock. There was a large attendance. The cows were in low condition, but sold exceptionally well. The best cows sold at from £l3 to £ls; others CS Ills to £l2; latest calves CO to CS: aged and empty cows £4 to CO: bulls C 7 to £0; weaners Ills to £1 Ids; store pigs 25s to 40s; weanors 15s to CI: horses £2 15s to £!) ss: milk cans 2(is to 'ids each, and a quantity of sundries sold, at late rates.