COMMERCIAL.

Taranaki Daily News, 14 September 1915, Page 2

COMMERCIAL.

HIGH COMMISSIONER'S REPORT. By Talegraph.—Press Awociatioß, Wellington, Yesterday. Following is the High Commissioner's Market report under date London, September 11, (Note. —Quotations, unless otherwise specified, are average market paces on spot):— Meat—The- market is rather quiet. 3 here has been less demand for aU descriptions of frozen meat during the week. Mutton: Canterbury 7%d per lb. There is a small supply of North Island, but it is not quoted. Ewes are in fair demand at 5y B d. Lamb—There ia poorer demand for lambs owing to the large supply of Scotch., Canterbury ewes heavy weights 7%d, second-class quality Bd, other than Canterbury 8' l-l&d for best quality light-weight. Beef—New Zealand; There is only inferior quality for sale. Hinds o ''/■>d, fores 6d, chilled hinds By s d, fores o%d. Butter —The market ia very firm and prospects are favorable for New Zealand creamery butter, and there is every prospect of the high prices ruling being maintained till the end of the year at least. Danish, [>er cwt. 174s to litis, Siberian. 134s to 138s, Irish creamery 157s to 160s and 1625. Cheese—The market is lirni at the advance. Canadian, finest white and colored, per cwt. 76s to 775, fine 74s to 70s; English cheddar, 945; New Zealand, 75s to 70s and "Is; United States, finest 70s to 745, good-fine grades 64s to 68s. Hemp The market is quiet but steady. IPresent quotations are: New Zealand October to December shipment, good fair grade, per ton £33, high points fair £32! high point £3l; buyers offer probably 5s less. Spot commands about 5s to 10s premium, but little is offering. The stock of New Zealand on August 31 was tons, Manila shippcr-s arc not anxious to sell, and the market is quiet but firm . New graded fair September to November £3B 103 per ton, spot £4O. pie nominal output from Manila for the week was 20,000 bales. Wheat—The, market is quiet, with a tendency downward. Crops all over the world promise well, and the European crop is estimated at about 30,000,000 quarters more than last year. There is slightly better speculative demand, 'but the consumptive demand is poor. New crop Canadian September-October shipment 45s per quarter, October to November 44s Gd, American September to October 45s 6d. Oats.—The . market is steady, 'but without animation. Argentine on spot 26s per quarter, on passage 24 s 6d. Wool—The market is firm and rather more active. THE FARMERS' CO-OP. REPORT. At Opunake .yards 011 Monday last we held our usual fortnightly sale. There was a good entry of cattle of all classes and the bulk of the yarding changed hands. Prices were on a par with late quotations. Fat cows, light weights sold at from £9 (is to £9 18s; fresh condition cows, £7 5s to £7 18s; forward cows, £6 10s to £7; store cows £5 5s to £6 ss; 3-year-old store steers realised £9 2s fid; yearling to 20-months steers, £3 5s to £4 8s; 20-month heifers suitable for dairy purposes £3 5s to £3 19s; yearling heifers 30/- to £2 15s; bulls, £7 5s to £l2 ss. 111 the dairy pens there was also a full muster. Best heifers close to profit sold at from £9 10s to £11; others £5 to £9. Pigs, breeding sows, £2 6s. On Tuesday, 7th inst., at Manaia yards we held our usual sale. There was only a moderate yarding of stock, but dairy i heifers came forward in larger numbers I than usual and there was a good demand for them. Fat cows sold at from £S 10s to £lO 13s; fresh conditioned cows £5 to £6 2s; bulls £8 2s 6d to £8 7s 6d; yearling steers £2 15s to £3 9; yearling heifers 30/- to £2 9s; best springing heifers £lO to £l2 ss; others £7 to £9 10s; small and backward sorts £4 15s to £6 10a; store pigs, 20/- to 30/-; weaners 11/- to IG/-, sows, 30/to £22 17s 6d. At. Kaponga yards on the 10th inst. there was a small yarding and late prices were realised. " Best dairy cows close to profit sold at from £8 5s to £10; others £6 15s to £8; best heifers, £8 10s to £9 15s; others £6 15s to £8 ss; store cows £4 7s to £5 10s. At Auroa 3'ards on Friday we held our first fortnightly sale. There was a full entry of stock of all descriptions and with few exceptions the whole yarding changed hands and prices were firm at late rates. Fat cows sold at from £9 2s Gd to £lO 12s Gd; fresh conditioned cows, £5 to £6 6s; poor and aged cows, £3 to £4 153; yearling heifers, 29/- to £2 9s; bulls, £8 17s Gd to £9 2s Gd. In the dairy pens GO springing heifers came forward and sold well. Best springing heifers sold at from £8 5s to £9 10s; others £6 10s to £8; calved heifers, £4 12s 6d to £B.