COMMERCIAL.

Taranaki Daily News, 1 August 1916, Page 2

COMMERCIAL.

LONDON MARKETSBy CaLle.—Press Association.—Copyright London, July 29. Wheat—Very firm, in response to the sensational rise in America and Canada. A parcel of Australian wheat sold at 01s at Chicago. .July options, 122% cents and 120'/. cents; September, 124% and 122%; December, 125%. Cotton—July-August, 8.03 d. Jute—August shipment, £3O 10s per ton. ■Hemp—Market quiet. July-August shipment, £4B per ton. Copra—July-August shipment, £33 6s per ton. Rubber—Para, 2s 10% d per lb; plantation, 2s 9d, smoked 2s 3%d. Rabbits—Market dull, owing to warm weather. Prices are slightly easier. Mutton—South American, 9%d; lamb, lid; other meats unchanged. , JVHEAT AND FLOUR* London, July 30. The wheat and flour afloat for the United Kingdom is 1,850,000 quarters, Atlantic shipments 038,000 quarters, Pacific 25,000 quarters. The total for Europe is 1,200,000 quarters, including India 37,000 quarters, Argentine 165,000 quarters, and Australasia, (38,000 quarters. LONDoFwoOLSALES, Wellington, July 31. The Bank of New Zealand has received the following cablegram from its London office: The London wool sales closed firm at the decline. Crossbreds, coarse, lOd to 16Jd, medium 17Jd to ISd, fine 19Jd to 20d; merinos, inferior 10 Jd to 17d, superior 23d; half bred, 20£ d to 21d, , ~,:«.,.: -,.... The N.Z. Loan and Mercantile Agency Co., Ltd., have received the following cable from their London office: "Sales closed firmly as compared with June 8. Merino, superior 5 per cent, and medium and inferior 7%: per cent, higher; crossbred, fine greasy, .scoured and. coarse slipes 5 per cent, lower." - ~ v '' THE WOOL MARKET. London, July 28. Wool.— The sales closed strong. Taupo, top price 18% d, average ]7%d'; Anamiro, 17d. Sold to home buyers, 95,800 hales; for export, 7000 bales;' ami there is held 12,500 bales. There was a strong Russian demand for best merinos, and the home demand was well maintained. Good greasy combing merinos were strong throughout and closed at 5 per cent, above the June closing rate. Shabbier and faulty combings did not always maintain their opening strength, •but closed 5 per cent, above June prices. Good scoured have broken all records, whilst medium scoured were irregular and closed at about par with June rates. Greasy crossbreds receded, especially mediums, but there was a wider anil keener demand during the last lew days, with a. slight recovery for fine at the close by a halfpenny. Colored was a penny and coarse a halfpenny below June prices. Scoureds were irregular and closed at about par with June, and | slipes met with keenest demand for fine, and prices advanced for merino lambs, which were scarce, and always realised the high level touched in June. New Zealand crossbreds declined %d to Id. The decline in crossbreds was chiefly due to the prolonged absence of new business in Bradford, causing the accumulation of stocks of medium and low grades. Nervousness of initiation, arising though recent Government developments, also tended to check business. LOAN & MERCANTILE CO.'S REPORT. The New Zealand Loan and Mercantile Agency Co., Ltd., report as follows: O n July 22 we held a successful clearing sale on account of Mr. J. B. Laurenson, South road, Hawera. The dairy cows were a good lot, but a proportion were aged. Choice dairy cows brought from £25 10s to £27 ,10s, good dairy sorts £ll 10s to £ls 15s, cows in milk £lO 10s to £l3, aged and unsound cows £8 10s to £lO 10s, the herd averaging £l2 lbs Od; springing heifers £!)' 10s to £l3 ss, backward heifers in calf.' £7 5s to £8 10s, 15-month empty heifers £4 to £5 2s od, small yearling heifers £2 10s to £2 lis Od, small store lambs 10s 9d to 20s; implements and farm sundries sold well.

Hawera—Fat wethers 35s to 40s, fat ewes 31s to 335„ do. (medium) 28s 8d to 30s 3d, f.m. ewes in lamb 31s, store ewes 21s, small ewe hoggets Ms 6d mixed store hoggets 22s 5d to 23s Bd, do. (small) 17s~to 18s KM, medium fat cows £lO "3s to £ll,-fat heifers £8 14s to £lO ss, forward cows £S 19s to £lO, fresh-conditioned cows £S 3s Od to £8 135,-store cows £7 Is to £7 15s, small store cows and heifers £0 2s Od to £6 ISs, potters £3 to £4 Bs, 3%-ycnr steers £lO 10s, yearling bulls £4' lis to £5 ss, yearling heifers £3 4s Od to £3 12s Od, do. (small) £1 17s to £2 13s Od, small yearling steers £3 17s; to £4 2s, cull do. £2 12s.' In the dairy yards we had a fair muster, but only a limited number of, dairy cattle of good quality. There was a good demand, and prices as follows were obtained: Dairy cows (medium) £9 2s Od to £l2 10s, 2%-year springing heifers £9 17s Od to £ll, do. (poor) £7 5s to £B, 2-year do. £0 17s .Gd to £7 10s.

FARMERS' CO-OP. SOCIETY'S REPORT..

At Opunake yards on Monday, July 24, we held our usual. fortnightly sale. There was a good yarding and a fir.m demand prevailed throughout, ruling quotations being easily sustained. Fat cows sold at'from £lO 10s to £l2, fresh-conditioned cows £9 5s to £lO,, forward cows £7 ltts to £8 17s 6d, store cows £.5 Ms to £7 ss, empty heifers £4 17s to £0 8s Gd, yearling steers £4 Gs to £4 13s, heifers £2 8s 6d to £3 Bs, in-calf heifers £5 17s 6d to £9 10s, iManaia.—Best dairy cows "£lO to £l2 ss, others £7 10s to £9 10s, in-calf heifers £5 15s to £lO 15s, fat cows £lO to £lO 10s, fresh-conditioned cows £S 15s to £9 7s, forward cows £7 10s to £8 12s Od, store cows £0 15s to £7 ss, small store cows £5 to £0 10s, yearling steers to £4 Us, heifers £2 5s to £4 7s. hoggets 23s to 255. I'igs were penned in large numbers and sold well, store pigs making from £1 us to £1 10s, weaners 10s to 19s, porkers £2 7s (id, and a lot of sundries also sold at late I rates. ~ .

Inglewood—Good ewes in lamb '2os to £1 12s Sd. f.m. ewes 25s to 27s 2d. lambs Us Od to 20s Id, fat cows to £ll, fresh-conditioned cows £8 17s to £9 ss, forward cows £7 5s to £S Ms, store cows £0 10s to £7, small store and forward cows £6 10s to £7, small store cows £5 to £u 7a 6d, empty heifers £3

15a to '£4' ISs, yearling steers £3 3s to £3 13s, yearling heifers £2 2s to £2 Ms, in-calf heifers £6 5s to £9 15s. At our Opunake yards on Wednesday we held a clearing sale of Mr. J. M. 'Hickey's dairy cows and heifers. There was a good attendance of buyers, and a most satisfactory sale was held. Best dairy cows sold at from £lO 10s to £22 10s,'others £lO to £l3, heifers £3 to £lO, bull £lO.

On Wednesday we held a clearing sale of Mr. C. Hunger's live and dead stock, and report a most successful sale. The dairy cows averaged. £l3 17s fid. We quote: Best dairy cows £ls to £lB lis, others £7 10s to £H 10s, heifers £3 to £11; sundries also sold well. On Thursday last we held a clearing sale on account of .Mr. S. Forsyth, Pihama. There was a large attendance of buyers from all parts, and we report a most successful sale. The pedigree cows and heifers sold at from 11 guineas to 23 guineas, and pedigree bulls 15 guineas to 37 guineas. The dairy cows were all Jersey cross, and among them were a lot of second calvers. We quote: Best dairy cows £l7 10s to £25, others £lO to £lO Ids, averaging £l7; in-calf heifers £B to £9 10s, yearling heifers £4 ISs Od; sundries also sold well. Auroa.—Fat cows sold at from r £lo to £l2 10s, fresh-eonditoned cows £9 to £9 15s, forward cows £8 to £S,l7s od, store cows £5 10s to £7 12s (id, yearling steers £3 18s to £4 15s, heifers £2 10s to £3 15s, in-calf heifers £S 15s to £lO 15s, dairy cows £lO 10s, bulls £5 10s to £B.