COMMERCIAL.

Taranaki Daily News, 26 February 1917, Page 2

COMMERCIAL.

I THE MONEY MARKET. Australian-NX Cable Association. London, February 22. The Bank of England returns for the week ended Wednesday last are a,s fol. lows:— Coin and bullion, '£54,122,000. (Reserve, £35,602,000. Proportion of reserve to liabilities, 18.19. ■ ~ Circulation, r £38,5GG,000. Government deposits, £l-46,838,000. Other deposits, £146,828,000. Government securities, £84,932,000. Other deposits, £146,8-28,000. Government securities, £84,628,000. Other securities, £93,215,000. Short loans, 5 per cent.; three months' bills, 5 3-10 per cent. Consols, £B2; war loans, £B4 7s 6d, £-89 17s Od. New Zealand 4 per cents., £92; 3% per cent., £69 15s; 3 per cents. £Ol 12s 6d. LONDON MARKETS. London, February 23» Wool—'There was a poor selection, but good competition, and prices were fully firm. The Bradford market has a better tone. Merinos are hardening. The Government is still commandeering crossbreds. Wheat—Parcels are firm. Flour—Prime Australian patents, 62s H. Oats—Market firm; no La Plata offering. Peas and bean 3 are scarce and prices firm. New Zealaad supplies are exhausted. Sugar is unchanged. Copper—Spot £139 10s, three months £137. Tin—Spot £IOO, three months £97 7s Cd. iiLead, £3O 10s. Spelter—Spot £SB 15s, three months £52 15s. Silver, 37 9-Kid. BUTTER AND CHEESE. IPRICES MAINTAINED. London, February 22. Hutrer Four Australian steamers with 146,000 boxes and two New Zealand vessels with 72,000 boxes have arrived in London, and several others are close at hand, but prices are iwell maintained owing to the slow discharge. Australian choicest 214s to 2165, and exceptional up to 218s to 2205; secondary, 208s to 210s. New Zealand, choicest 224s to 22G?; secondary, 2205; salted, cbout 2s above unsalted, owing to the demand of the northern markets, which ere bare of Danish. Cheese—There is a very strong demand, there being little available. Canadian is nominally about lfiOs. NEWTON KING'S REPORT. ■At Awakino yards on Monday, February 12, for my annual sheep and cattle fair I had a full yarding, both cattle rad sheep coming forward in excess of rdvertised numbers. About 400 big forward bullocks were a feature of the sale, the a sr<i, q»;>lity and condition leaving nothing to be desired, and they were admittedly the finest lot ever seen in the yards. With the exception of a few ,pens the sheep yarded were not up to fhe standard of previous years, but com. petition right through +he sale was weU mainta'tvy-l, practically all lines being clear;at the hammer. Prices obtained were as Wors: —°*)-inonth eteers £8 lis to .SO sWmonth empty heifers £5 Ms to 'J3 -l?s, Hxed cattle (small) £',) 17s, 20-w>nt,h bulb £7 ?s, in-calf 2 to SMr.ye*'*,* ■Zl 93, 2'/i-year steers £ll to £ll -ss, 3-yar Wlockg £l2 Is to £l3 lis, ,1% to, 4-year bullocks £l4 10s to £l7 5s (acto condition), bulls (heavy) £l2 to AY; ss, otVrs £7 2s (kl to £lO 10s, store cowr, £9 8s to £lO 10s, fat cows £1) 2s to <U3 18s, fat maiden heifers £ll 15s to #l2, cows and calves £ll, lambs 14s 3d to 18s 3d, culls 5s to 8s 3d, 2-tooth ewes (small) 31s Cd to 335, 2-tooth Withers 31s 7d to 34s I'd, fct 8-tooth wethers (very prime and heavy) £2 0s 9d, others 4 and OJ-.ooth wethers 33s sd, G-tootli and f.f.m. ewe 3 Stt* M to 31s 2d, 4-vear caves (good) 27s 6d to "32s 3d, forward-ewiditioncd ewes 32s '<d, rams f.m. ewes los; to Ub Cd.

Af .Douglas on the samo di\y f.f.m. ewes nVXte 27s 9(1 to 31fv Od, f.m. ewes 15s 10d, 2-Witi wethesn 9-" to 29s 6d, lambs (cu'i/s 1 ?s to bulls £8 Ws to £l2, 3-year bullocks £l3 18s, forward co\v?VC!) i')e to £l2 lis. At Stratford on Tuesday, 13th, there was a gocd entry of rbcep and cattle, "beep were dull of sale, but cattle were soiling readily. Bulls £ll 10s to £l7 2s Od and £7 las to £9 5s for smaller, fat maiden Holstein heifer £l-0 '2s Cd, fat cows £l2 lis to £l3, forward cows £lO Is to £'U Gs, store coSva £6 ISs to £S 12s, small store cows £4 7s Od to £5 Gs, cows and calves (small) £8 mixed weaners £3 Gs Cd to £3 lis, cmalle<f 27s to £2 lis, 18-month steers £S 2s Cd, 2-tooth wcthoi-s 325, fi.m. ewes 25s to 325, f.m. ewes l'Bs (id to 20s Gd, lambs 15s, culls 9b to 12s 7d. On Wednesd-v, 14th, at Tnglewood, for my annual fair and cattle sale, there was an of over 7000 sheep and a small < of cattle. Competition for shec*v -fas very keen throughout. Lambs sold especially well, and i nearly all other lines, excepting wethers, sold at improved rates. ewes and , lambs were all, cleared at the hammer, [ A nice pen of 2-tooth ewes made 365, 1 "wtha,. gtewa. teste teiaiw

90s Bd. Other priees -were: Shorn -lambs 13s 8d to 17s Od, woolly lfls lOd, culls 10s 3d to 'lis <s(l, 2-tooth wethers 33s -Id, 2-tooth ewes 36s 3d, Efjn. ewes 29s to ;r,3 9d, f.m. owes 20a fid, other f.m. ewes 17s 5d to 26s (according to condition and frame), rams up to 4 1 '/. guineas, iveaner steers £3 5s fid, mixed weaners £2 15s, in-calf 2_year heifers -£7 (is, liulls £9 I7s 0d to £l4, forward cows £9 Ss to £ll-, store cows £1 17s to £8 fc, 18-inonth steers ,-08 "2a. At Oliura on Thursday there was , yarding of nearly 9090 sheep arid a small entry of cattle, the majority of which were sold. An exceptionally line line of heavy-woolled 4-tooth maiden ewes luaclc.C- 3s (id. Other prices were: F.F.M. ewes (early shorn) and a good line 3Ss, 2-tootli ewes (on small side) 3fe, f.f.jn. ewes 29s to 32s 3d, 2 and •1-tooth wethers 32s 3d, 4 and C-tooth wethers 33s 2d, 2, 4 and C-tooth ewes 2Ss Gd to 33s 2d, aged rams 205,, forward wethers 975, lambs 13s to 17s 10d, small and rough 18-month steers £0 13s, better sorts '£B 5s to £9 2s, in-ealf 2%-year heifers £8 13s, store and forward cows £8 7s (id to £9 12s Cd, bulls £B, 2 1 /2-year steers £ll 10s, mixed Shorthorn weaners £ls 3s.

On Friday, Kith, at Kaponga, bulls made from £7 15s to £l3 15s, fat eons up to £l2, forward cows £9 7s to £ll -tore «ows £7 to £B, small weaner steers '£3, lambs lus Gd to Ids.

At Rahotu on the same day mixed weaners made £2 to £2 17s Cd, fat cows £ll 9s to £l3, forward cows £!) to £lO 2s Cd, store cows £7 9s to £S lis, small store cows £4 7s Od to £4 13s, bulls •">u:!li £7 to £9, rough 20-month steers £7 to- '£7 Bs.

At Pohokura on Monday, February 19, for my animal sheep fair there was the full advertised entry, all of which I cleared, with the exception of one small pen: Lambs made 17s 7d to ISs 2d, .smaller 14s Bd, culls 8s to lis 'sd, 2-tooth wethers 32s 3d to 345, mixed.age ewes 27s 6d to 30s Cd, C-tooth to f.m. ewes 32s 2d, f.m. ewes 13s Oil to 22s Cd, ranis 5% guineas. At Urenui on the same day both sheep and cattle were Belling readily. Bulls made £lO 10s to £ll 10s, forward eows £-9 12s Gd to £ll Os, store cows £5 to £8 lis, weaner steers £3 lis, good lino of mixed weaners £4 6s, in-cnjf 2'/>-vear heifers £7 12s, empty 20-month heifers £5 to £5 7s Cd, 4, 0 and f.m. ewes 27s (id to 2'9s, f.f.m. ewes 25s to 30s fid, lambs 10s 5d to 15s 3d, 2 and 4-tooth )vethers 31s lOd to 355, rams, C-tooth to, f.m., 2% to 3% guineas, fat nnd forward ewes 335, f.m. ewes 10s Cd to ids ■2d. At Stony Elver on Tuesday, mixed weaners made from £2 1-Os to £3 llis, bulls £7 to £9 7s Cd, fat cows £ll 3d, forward cows £9 to £9 17s, store cows £5 14s to £7, 2'/o-year steers £ll ss, mized 2-tooth 32 7s, lambs 13s Cd, springing cows £-7 'lss to £B. At Uruti on Wednesday, 21st, for my annual sheep fair, sheep came forward in excess of advertised numbers, ail yarding accommodation being overtaxed. Competition was good, practically all Jines being cleared at the hammer. Two and 4-tooth wethers were yarded in £ood numbers and were Belling readily. Woolly lambs 18s 8d to ISs Od, smaller 14s M to 17s, good shorn lambs up to 16s 6d, culls 7s 3d to (is 9d, 2-tootli ewts 32s lfld to 35s 2d, 4-tooth ewes 325, fat and forward ewes 325, -C-tooth and f.f.m. ewes 28a 7d to 30s 3(1, f.m. ewes (good mouth) 20s 3d to 29s 8.1, others 21s 9d to 255, culls Ss to 17s 3d, 2-tootli wethers 32s 3d to 34s 4d. smaller 27s -Cd to 31 Gel, rams 3 1 / 4 to i'/igns, , [AUCKLAND. The New Zealand Loan and Merantile Agency Co., Ltd., report:— At VestfieVl best da'ry cows and hei. fers mmle £ll to £ls 10s. others £8 to £lO 10% empty cows and heifers £7 17s *d to £ll 17s Cd, bulls 7-?ns to 12gns., 3-ye<»r to 3%-yew steers £l2 16s to £l4 10s, yearling to 18-months steers £7 ti £0 4si, steer calves £4 10s to £5 ss, heifer calves £3 l-5s to £4: 17s, calves of mixed sexes £3 15s to £4 15s, inferior calves £2 15s to £3 12s Gd, yearling to 18-months heifers £C os to £7 18s, eows ajid calves £0 Ids io £l4 ss. At Albert yards heavy draughts made £25 to £'3o, medium draughts £l7 10s to £25, light harness sorts £9 to £l4 Ms, hacks £8 to £l2, ponies £5 to £8 10s. At Westfielfl, two-tooth Lincoln-Horn-ney ewes made £1 17s to £2 2s, four and six-tooth £1 l'ss to £1 lfls Od, f.f.m. £1 lis 3(1 to £1 IBs fid, f.m. to brokenmouthed £1 5s to £1 10s !)d, wethers £1 12s fid to £1 14s 3d, lambs in wool £1 'ls to £1 5s 3d, shorn 16s Cd to l«h 9d.