COMMERCIAL.

Taranaki Daily News, 16 October 1915, Page 2

COMMERCIAL.

PRODUCE -AND FINANCE. TUB BUTTER MARKET. By Ofcble—Press Association—Copyright. Received Oct. 13, 5.5 p.m. London, Oct. 14. Butter is dull. High prices are checking consumption, and driving public to buy magarine, which many retailers are assiduously pushing. Danish is nominally 201s, but the official quotation is temporarily suspended. The Germans are still paying huge prices. There ia a great scanty of other fats in Germany, and possibly butter and oil tickets wlil be introduced, similar to the bread tickets.

The Women's Association is circulating pamphlets throughout Germany giving instructions on how to cook without fat. Cheese is firm; New Zealand 78s. The Government lias resumed purchasing from Cauada.

Bank of England returns:—Coin, £59,708,000; reserve, £45,945,000; proportion of reserve to liabilities, 27.16; circulation, £32,560,000; public deposits, £70,860,000; other deposits, £07,907,000; Government securities, £25,900,000; other securities, £114,707,000. Copper: On spot, £72 10 s to £72 los; three months, £72 17s 6d to £73 2s fld. Tin: On spot, £l5O to £l5O 10s; three months, £lsl 15 s to £.152 ss.

Sugar is firm; American granulated is not offering.

lu the Bradford wool market tops met with rather more enquiry. (U's on spot 38d; future, 30d; super, 60's, 37d and 3Sd, ordinary, 30d to 34d; SC's, 31% d; 50's, 28d; 4fi's, 24'/ s d; 40's, 22'/.d. Wheat is firm, with few offers. Flour is advancing and supplies sO'o short. Oats are firm. The Government has resumed buying. La Plata, OctoberNovember, 27s 4144. Bran and peas are hardening.

AUSTRALIAN MARKETS. Sydney, Oct. 11. Oats: American Oregon 3s Cd, Algerian 3s, Tasmanian 3s Gd. Barley: Nominal. Maize: Yellow 5s 3d, white 4rf 9d, Jiivari and South African 4s Gd to 5s 2d. Onions: Victorian £7 to £B, American £lO. Potatoes: £l4 to £ls, New Zealand £l4. Adelaide, Oct. 14. Old 7s sd, new (prompt delivery) ss. Flour: £lB to £lB 2a Gd. Bran: Is ljd. Pollard: Is GJd. Melbourne, Oct. 14. The estimates of the wheat harvest range from 50 to 68 million bushels, which is a record. One Government statist estimates that 4,100,000 acres were sown, of which 3,900,000 will be harvested for grain. Wheat: Nominal. Flour: £.17. Oats: Chilian 3s, Japanese 2s aid to 2s 7d. Make: £4 4s to £4 10s. Bran: £4. Pollard: £6. Potatoes: £l2 to £l2 10s. Onions: £5 to £5 ss. Adelaide, Oct. 15. Wool: Active for all good classes; jd to above last sales. Inferiors were similarly lower.

MATTHEWS, GAMLIN & OO.'iS REPORT. Matthews, Gamlin and Co. report a fair yarding in tliieir Inglewood yards last Wednesday. Good springers were in better demand, and all store and forward cows sold freely at fully late rates. We quote: Springing heifers £5 10s to £8 10s, small do. £4 to £4 15s, springing cows £8 to £lO, forward cows £<) to £7 14s, store do. £5 to £5 los, empty heifers £3 3a to £3 12a 6d, yearling steers £3 7s (3d to £3 19s, do heifers (small) 28s to £2 45,-others £2 5s to £3 lis.

At Mr. J. Bridgeman's clearing sale we had a good attendance from all parts of the district. The cows, wliieh were a very good lot. sold freely at the following prices:—Good young cows in inilk £l2 to £l7, others from £8 to £l2, making an average of nearly £l2; pedigree bulls lo'/o to 17y 3 gns., yearling heifers £2 19s to £3 Is, small 325, horses (farm) £lO to £35 10s, hack £4 15s. sows with young £8 5s to £ll ss, store pigs 38s to £2 7s 6d; implements and sundries at satisfactory prices.

| DAIRY PRODUCE. Mr. Newton King reeeived the following cable .yesterday morning from Messrs 11. and W. Davidson:—Butter: Danish 19os; market quiet, small business doing. Cheese, 78s; market steady. WEDNESDAY'S STOCK SALES. ADDIXGTON. At Addington fat cattle were very firm, fat lambs and sheep were dearer; store sheep showed a rise in values, and pigs also sold well. Store sheep—Aged ewes (in lamb) to 18s 3d, dry ewes to 17s 9cl, 6-tootli wethers 21s, shorn 4-tootll wethers to 15s lid, good shorn 2-tootli wethers to 17s id, inferior wether hoggets 13s to 15s, fairly good wether hoggets 16a to 17s Bd, shorn hoggets 13s 7d, shorn wether hoggets 12s !)d to 13s 3kJ, aged ewes and lambs Ss, sound-mouthed ewes and lambs 14s to 14s ikl, ewe hoggets 18s lOd to 21s ltd, superior ewe hoggets 243 to 24s od. Fat lambs—(Priees ranged from 20s Od to 2Ds lid. J Fat sheep—Prime wethers 30s to 42s 3d, others 24a to 29s Gd, merino wethers 29s (id to 33s Od, shorn wethers 10s to 3.33 fid, extra prime ewes to 42s Id. prime ewes 27s Gd to 33s Gd, others 21s lid to 275, shorn ewes 27s to 325, hoggets 17s to 27s 4d. Fat cattle—-Kxtra prime steers to £2l 10s, ordinary steers £8 5s to £l2 10s, extra prime heifers to £2l, ordinary heifers £(i 17s Gd to £l2 10s, extra prime cows to £l4 ss, ordinary eow s £0 10s to £lO 10s; price of beef per 1001b. 32s Od to 50s, extra to 545. .Store cattle—V cartings 15s Gd to 20s. 15 to 18-months sorts 32s Gd to £2 ss. 2-year steers £5 is Od, 2-year heifers £2 15s to £3, 2'/ s -year heifers £0 7s Gd (passed), 3-vear steers £6 17s 6d (passed), 2-year heifers £4 17s Od to £5 (passed), dry cows 30 s to £7 7s Od. Dairy cows, £3 5s to £9 15s.

JOHNSOXVILIjE. At Jolinsonville a good yarding of prime quality cattle and sheep came forward, and everything sold readily at late rates. Prime 'bullocks made £l7 to £l7 5s and heavier £lB to £lB ss, prime lighter £ls 10s to £lO lOs, vealers 2tts to '2os, springing heifers £O, 2-year steel's (small) £4 U, prime heavy wethers 395, prime light wethers 32s 6d, extra prime ewes 40s, prime ewes 33s 6d, medium ewes 20s, prime shorn ewes 253 9d, prime lambs IGs ii to 18s 3d, light 14s lid to 10s,

AUCKLAND. At Westfield Bards on Thursday laat I we had a large yarding and prices were better. Best dairy cows sold at from £9 to £l2; best dairy heifers, £6 to £10; other cows, £4 to £8 10s; other heifer?, £3 15s to £5 10s; aged and inferior cows, £1 10s to £4; empty [cows, £5 10s to £7; yearling steers, £2 7s to £3 15s; yearling heifers, £1 7s to £2 10s; calves, 10s to £1 lis; bulls, £5 to £lO. At Albert Yards heavy draughts £26 to £3O; medium, £lO to £2O; light harness horses, £8 to £l3 10s; hacks, £9 to £l7; ponies, £4 to £8 10s; weeds, 10s to £2; quantity of produce and harness at late rates.

At Warkworth on Friday three-year steers, £8 5s to £lO 10s; 2-year Bteers £6 Is to £7 8s; yearling to 18-nionths, £3 to £5 4s; best dairy cows and heifers, £7 10s to £11; others, £4 10s to £ti 15s; empty cows, £5 to £8; beef at fully Westfield rates. The advertised Shorthorn bulls made record prices for the district, selling at from £7 7s to £l7 17s. On Saturday, at Pukekohe', we had a large yarding of bulls of all descriptions, and wo report a most succesful sale. Shorthorn bulla sold at from £7 7s to 19i guineas, Holstein bulls £0 0s to 20 guineas, Jersey bulls £3 3s to £ls 15s. On Monday, at Pukekohe, best dairy cows sold at from £lO to £ls, best dairy heifers £8 to £l3 10a, other cows £.} to £B, other hoifers £4 15s to £6 10s, bulls £5 5s to £ll Is.

On Tuesday, at Pukekohe, grown steers in forward condition sold at from £ll Iss to £l3 7s, 3-year to ,'U-vear steers £9 7s to £ll 4s, 2-year to 3-year steers £G Is to £8 19s, yearling to 18-month £3 15s to £5 14s, steer calves £2 10s to £4 Is, heifers and cows in forward condition £5 15s to £2 10s, bulls £7 to £l2 12s, beef at fully Westfield rates.

At Westfield fat stock market on Wednesday extra prime oxen sold to £2 Cs per 1001b, others £2 3s to £2 ss; cows and heifers £1 15a to £2 ss. Steers sold at from £l4 10s to £22 15s, cows £7 JO.s to £l4. Some of the averages were: Alf. Main, Tamahere, 24 steers, averaged £2O 5s 6d; 40 steers from Okalmkura Estate, £l7 Is; 20 steers from Gollan Bios., £l7 Is; a truck from J. M. Scott, Cambridge, £l7; a truck of cows from W. Gray, Cambridge, £l3 Gs. Calves were penned in average numbers and improved in price. Runners sold at from £fi 17s fid to £9 2s fid, heavy suckers £3 IBs to £G 28, medium £2 ioa to £3 '.os, light £1 2s to £2ss, small and fresh-dropped 3s to £l. Sheep were penned in scarcely average numbers, and improved in prices. Best wethers (in wool) £1 15s to £2 Is, others £1 10s to £1 14s 6d, Bhorn wethers £1 8s to £1 12a od, best ewes (in ,wool) £1 8s 3d to £1 18s Gd, others £] 4s to £1 7s fid, shorn ewes £1 12s 6d to £1 10s, hoggets 'in wool) £1 Cs to £1 14s Od. Spring lambs yarded in large numbers and sold at from, for first quality, £.l 3s to £1 5s 9d, others 14s to £1 2s Od. Pigs were penned in full numbers and advanced in prices. Choppers £4 10s to £5 2s, heavy baconers £4 2s to £4 Us, medium £3 2a to £4 la, light £2 15s to £3, heavy porkers £2 13s to £3 18s, medium £2 7s to £2 12s, light £1 ]4s to £2 (is, slips £1 4s to £1 13s, wcaners 12e to ISa (id.

BURNSIDE,

At Burnside 118 fat cattle were yarded. Owing to the small entry and but(fliers' stock. 1 ! being low, competition was exceedingly keen, and prices extremely high, advancing fully 30s compared with last week. Best bullocks made to £22 las, extra to £24 12a Bd, medium to £2O, lighter to £l7 sa, best heifers to £l6, medium to £ll, light to £8 10e.

Fat sheep—l2B3 penned, a small yarding of only fair quality. For the few pens of good sheep forward competition was very keen. Bust wethers made to 60s Gd, extra to 565, medium to 40s, liglii; and unfinished to 30s, best ewes to 48s 3d, extra to 545, medium to 30s, unfinished to 22a. Sixteen new season's lambs were keenly competed for and made up to 275.