COMMERCIAL.

Taranaki Daily News, 24 June 1916, Page 2

COMMERCIAL.

LONDON MARKETS,

By CabU.—Press Association—Copyright

London, June 22. . fallow.—One thousand three hundred and eighteen casks were offered, and 1108 were sold; prices unchanged. Butter—Quiet and steady: New Zealand 150s to 170s. Cheese.—Weak, on increasing Canadian supplies and large prospective New Zealand arrivals. New Zealand lQ2s to 100s, Canadian 100s to 104s, THE COMMONWEALTH LOAN. ' London, June 22, Subscriptions to the Commonwealth oan close on Tuesday. Stockbrokers have given it a favorable reception, and the Commoawfealth Bkink is thronged with applicants for the prospectus which will be 1 advertised tomorrow. It announces that the whole proceeds will be paid to the Stateß for public works. Victoria is receiving £050,000, Queensland £1,275,000, South Australia , £775.000, Western Australia £1,100,000, and Tasmania £200,000. (The Commonwealth is issuing four millions 5J per cent, bonds redeemable jn 1920-21 at par, convertible into stock at the holders' option. The final instalment is payable at the end of August. Interest will be payable in February and August. Six months' interest will be payable on February 1. AUSTRALIAN MARKETS.

rw ai . , Sidney, 3urie 23. Oats.—Algerian white, 3s to 3s Id. Barley,—Feeding 3s 5d to 3s fid seed ing 3s 7d to 3s Pd. . Maize, 4s Od. Potatoes.—Tasmanians, £8 to £7, Onions, £5.

Adelaide, June 23. Wheat, reduced to 4s ljd for export to New Zealand. Flour, £ll to £ll 5s Bran, Is to Is lid. Pollards, Is ljd to Is 2£d. Oats, 2s 2d to 2s 3d. Melbourne, June 23. Hides.—Moderate supplies; kips and light firm, others to Jd lower. Bran, £5 ss. Pollard, £(! ss, Barley.—English '3s 6d to 4s 9d, Cape S? to 3s 7d. r

Oats.—Algerians Is 3d to 2s s!d, feed 2s to 2d. Potatoes, £3 10s to £6 10s. Onions, £3 to £3 19s. THE WHEAT POOL. Melbourne. June 23. Mr. "earee has announced that he has arranged with the Imperial Governmet.t to advance sufficient money against uiiE-oln wheat to wipe out the wheat pool overdraft. 4DDINGTON. Christcburch, June 21. At Addington to day there was a good attendance. Fat cattle sold well, and fat lambs made about last week's prices, but the market was not so firm. Store sheep—Lambs, mixed sexes, 19s 3d to 19s lid, wether lambs 14s lOd to 20s Od, ewe lambs 18s 4d to 245, 2 and 4-tooth ewes 28s, 2, G and 8-tooth ewes -0s Id to 20s Bd, 6 and 8-tooth ewes 20s 8d to 20s lOd, sound-mouthed ewes 10s Bd, sound and failing-mouthed ewes 14s Id to 20s, 2-tooth wethers 18s 7d to 25s 0(1, 4 and fl-tooth wethers 21s, 0-tooth Aethers '23s Bd, prime lambs 24s to 295, medium lambs 20s to 23s Od, lighter lVa to 19s Gd.

. Fat sheep—Extra prime wethers to 35s to 3Gs, prime wethers 27s Od to 335, others 23s Od to 275, merino wethers 17s 0d to 22s fid, extra prime ewes to 345, prime ewes 27s Od to 30s, medium ewes 23s fid to 20s, lighter 15s to 235, merino ewes 14s Od.

Fnt cattle—Extra prime steers to £2O 15s, ordinary steers £!) 5s to £l2, extra prime heifers to £l4 15s, ordinary heifers £7 7s 6d to £lO ss, extra prime cows to £l4, ordinary cows £6 17s Gd to £9 15s. Store cattle—Fifteen to 18-month sorts £2 3s, 3-year steers £7 5s to £9 17s M, 3-year heifers £3 5s to £5 10s, dry ■ows 35s to £7 ss, dairy cows £3 to CIS 10s.

Pigs—Choppers (10s to USs, extra ifavy baeoners to 98s, light baconers iOs to 70s, extra heavy baconers 80s to 00s; price per lb, OJd'. Heavy porkers 150s to 545, light porkers 40s to 475; nriee per lb. 7W to 7Jd. Large stores 40s to 455, medium 28s to 355, smaller 10s to 255, weaner 10s fid to 12s Gd. BURNSIDE PRICES. Duuedin, June 21. At Bnrnside to-day there was a very ;een sale, and last week's e.vtreme rates were maintained. Best bullocks made IS to extra £23 ss, medium £ls 10s to £l7 10s. light. 10s to £ls, prime eows and heifers £lO to £lB, medium £l3 to £ls, light and unfinished £9 to £ll 10s.

Fat sheep—Prices were on a par with la_st week's rates. Best wethers 33s to "7s fid, extra prime heavy 50s, medium Jfis to 30s, light 21s to 255, extra prime ewes 435, prime 27 0s to 31s, medium 22s Od to 20, light 15s to 21s. Lambs—Prime 24s to 28s Od, medium 20s to 235, light 17s fid to 19s fid, unfinished 14s fid to 17s.

There was a small yarding of pigs. Choppers 117s Od, best baconers 100s, medium 85s, best porkers 00s, medium .">O, slips 2 - 2s, weaners 10s. NEWTOX KING'S REPORT. On Thursday, loth inst., at Ngaere. for Mr. R. McK. Morison's clearing sale, there was a large attendance of buyers, who made good competition for the cows, these selling up to £l4 15s, the herd averaging £lO Is. At Midhirst on Friday, 10th inst., for the clearing sale in the estate of the late F. Uhlemberg, buyers were again present in good numbers. Best eows sold up to £l4 10s, the herd averaging £lO Ifis. Weaner heifers made £2 lis, farm horses £ls 10s to £2O 10s, On the same day at Waiwakaiho, for my fortnightly sale, there was a full .yarding, with spirited competition for everything ollered, all classes selling very freely, there being an unsatisfied demand at the conclusion of the sale. Yearling steers made from,£2 10s 0d to £3 9s Gd° yearling heifers £1 18s fid to £2 10s fid, empty 20-month heifers £3 12s 0d to £4 os 6d, grade Holstein yearling heifers from Mr. King's Bell"Block farm £4 2s Od, empty 2-year grade Holstein heifers £5 15s, grade Holstein dairy cows £ll 10s to £ls 10s,. choice grade Holstein 3-year springing heifers £l3 10s store cows £5 15s Gd to £7 4s, forward cows £7 l.fis to £9 2s, fat heifers £lO 15s, bulls £8 7s Od, dairy cows £7 5s to £lO ss, springing heifers £G 5s to £8 15s. At Douglas on Monday small yearling heiferg made 395, rough yearling steers £3, empty 20-month heifers £4 3s Od to £4 fis fid, springing heifers £5 Lis. hulk .£5 15s to £g 2s fid, fat cows £lO,

forward cows £7 9s to £8 12s Gd, store cows £4 18s fid to £7 9a, 3-year bullocks (in forward condition) £l2 2s, good lambs 22s Ad,' culls 13s Bd, good f.m. ewes in lamb 25s 9d. On tlie same day at Oakura, for Mr. W. Bank's clearing sale, there was a good m U-n.lance. The herd of cows was a \ ei'v Mi:\ed lot, there 'being very few first-class cows in the line of G5; consequently prices were not high, the few good-looking cows showing to be early calvers selling at £l4 ss; others, mostly September and October calvers, from £0 us to £8 los, mixed weaners 30s, farm horses £22 to £23 10s, pedigree Jersey bull IS'/jj guineas. At Stratford on Tuesday, 20th, for my fortnightly sale, there was a full yarding of sheep, with a fair entry of cattle. The sheep attracted many buyers from all parts, including several from Ohura, and record prices were obtained. The majority of the entry were lambs, these making from 19s 4d to 22s 4d, culls lis 9d to 15s id, f.m. ewes in lamb 23s to 2os, good 2-tootli forward wethers 31s Id, mixed 2, 4, and 8-tooth store wethers 26s 2d,, fat cows £9 to £lO 5s fid, forward cows £7 2s 6d to £8 12s Gd, store cows £5 las to £6 18s, small store cows £4 12s to £5 3s, yearling steers £3 8a (id, yearling heifers 35s to £2 0s Gd, 20-month heifers (empty) £4 (is Gd, 20-month steers £5 8s to £G 17s Gd, Jersey in-calf 2-year heifers £G (is to £7 15s, 3-year bullocks £lO 3s. At Inglewood on Wednesday, 21st inst., there was a fair yarding, several lines of which were entered not being brought forward owing to the wet morning. Yearlings were in good demand. Yearling steers made up to £3 Bs, yearling Shorthorn heifers (nice lines) up to £3 Is, others 38s <ld to £2 12«, empty 20-month heifers £4 ss, forward cows up to £8 15s, store cows £5 12s 0(1 to £G 7s" Cd, springing Jersey heifers £9 17s Od, others £5 5s to £7 12s Cd, dairy cow 3 £8 12s tfd to £8 ss, fair line of f.m. ewes in lamb 27s lOd.

lOn the same day, at Mid'hirst, for Messrs Boniface Bros.' clearing sale, there was a large atten4ance of buyers, The dairy cows were a particularly good lot, calving early and in first-class condition. Bidding was spirited, the best rows selling up to £lB 10s, the herd of 03 averaging £l2 7s; yearling heifers made £3 9s, bull £ll Ifls, springing heifer £lO, farm horses £23 to £24 10s. LOAN & MERCANTILE CO.'S REPORT. .The N.Z. Loan and Mercantile Agency Co., Ltd., Stratford, report as follows: On Tuesday, 13th inst., we held our usual fortnightly sale at our Stratford yards. The entry wag well up to the usvial yarding, and the demand good, resulting in almost a total clearance of.all lines at the following prices:—Two-tooth wethers 23«, cull ewes lis 3d, lambs 18s lOd, fat sheep 31s Bd, 2>/ 2 -year empty heifers £O, store cows £5 5s to £6 17s 6d, forward cows £7 8s to £8 17s, fat cows £9 18s Cd to £l2 Gs, dairy cows £8 to £9 15s, in-calf 2-year heifers £.l 19s to £5 2s (id, empty cows £5 13s, hulls £8 to £8 1-0.9, 2'/ s -vear steers £7 18s, mixed weaners 22s Cd to 38s, weaner steers £2 Gs, weaner heifers 35s to 5Gs. Our next sale will be held on Tuesday, 27th inst., starting at 12.30 p.m. On Thursday, 15th inst., we held a clearing sale on account of Mr. A. Tookcr, Te Popo. Bulls made 90s to 015s, weaner steers 43s Gd, weaner 'heifers 47, cows (in fair condition and showing quality) 145s to 180s, medium quality 145s to 170s, three-teaters 100s to 120s, small Jerseys (coming in with second calf) 112s to 11-Ss. On Friday, lGth inst., we held a clearing sale at- Messrs Chamhey and Swan's homestead, Junction road, near Tarata. The day was fine, the attendance large, and competition was very keen from the start for both sundries and stock, but more particularly for the stock, which, we believe, brought record prices for Tarnnaki. A few of the leading lines sold at the following prices:—Stumping jack 100s, grass niower 3305, double-fur-row plough 2255, gig 3505, disc harrows 2405, cultivator 180s, second-hand iron 4s per sheet, hay tedder 2205, drill 400s, hayrake 85s, chain harrows 105s, hillside plough 55b, Oliver 70s, saw and bench 1355, chaffcuttei 105s, reaper and hinder 310s, case tools 120s, brake 3205, wool press 280s, 4-liorse gear S7s Gd, benzine 22s per case, sheep dogs 15s to 97s Gd; furniture sold at full values. Fourtooth. six-tooth and f.m. ewes, in lamb, 33s lid; 2-tooth to f.m. ewes 34s Id, 2-tooth ewes '34s to 3+s Bd, 2-tooth wethers 34s 2d, lambs 15s Id for small to 20s 6d for good lines; a line of wethers on account of Mr. \Y. A. Officer realised 31s. 'Dairy cows ISOs to 2305, in-calf heifers 100s, gelding (aged) 3955. mares 431s and 2S2s fid, foal 220*, empty 2-vear heifers (in forward condition) 170s, 2'/ 2 - yea>- heifers 1235, 20-month heifers SSa Gd. hay stack 5205, On Monday, June 19, we held a clearing sale on account of Mrs. Louisa Holland, Brookes road. The attendance was good and competition was keen for all cows showing quality. The herd looked well, and apparently showed a good deal of judgment in their selection. iPriees: Old spring dray 85s, milk carts £l2 to £l2 2s Gd, sow with eight small pigs at foot £G Rs Od, weaner heifers 41s to 03s, in-calf lioit'ers £G 15s to £7 2s Gd, cows (sound) £0 10s to £l3 10s, three-teat-ers and aged £6 15s to £8 10s, empty £5 to £5 10s.

Private sales.—Lambs 10s to ISs', fat ewes 2l« Gd, 2 and 4-tooth wethers 25s to 28s (id, ewes 21s, 2'/ r ycar steers £7 las to £!) 4s (id, 20-inonth steers £0 5s to £0 7s <sd, 20-month heifers £3' 1.55, mixed weancrs 355, weaner steers £3 Bs, mixed yearling's £3, line Holstein eows £l2, dairy cows £8 10s to £lO 10s, store eows £3 to £7, empty heifers £.5 ss, in-calf heifers £0 ss.