COMMERCIAL.

Taranaki Daily News, 26 October 1918, Page 2

COMMERCIAL.

OAir.V PRODUCE. Writes the commercial ediior of the Wollingjton Post: The prices tisit are reported as likely !ro he oiferud lor produce 10 be requisitioned i)i) account uf the Imperial Oovernment )nust lie regarded ;is eminently satisfactory from the producers' iioint of viow. So far as tho butter is concerned, t.He livicc, IS Is per cwt., is not what was asked for, '.'a., 13Us par cwt; but it is a substantial advance on 137s per cwt, the price paid for llio ICI7-1N make, plus Us per cwt., representing no per cent, of the profits wade on the sale in England, and shared with the producer. Tho price ottered for the cheese, viz., 10% d, is fully up to tlio expectations of producers. It Is probable that an average return 1o suppliers taken oier the whole Dominion should be 2s per pound for butter. Costs of production, however, have increased, and these will havo to he taken into account; nevertheless, the "ileal," if it is on the prices above, will be a most satisfactory one to the producers of the Dominion directly, and to Ihe community indirectly. Taking tho return to buttermaking concerns at 157 a per cwt., and adding, say. 17s to ISs as the 50 per cent profits already referred io, the equivalent of Is 4%d to Is 4%d per pound is obtained, or 3d per pound more than last year. The producers' representative will meet the Prime Minister on Monday with reference to tho disposal of their output, AUSTRALIAN OUTPUT. *The announcement that the sale of Australian surplus butter to tho Imperial Government has been completed was received with satisfaction In Victorian butter circles. The price to be paid is J7os per cwt. f.o.b. on butter grading DO points. Although the original offer ito tile British authorities was made at 18t)s per cwt., the price agreed upon should meet with the full approval of the dairy industry as ;i whole. As regards cheese, the sale is advised on the basis of Canadian, which is given approximately per lb for first jrrade. iThis'ls equivalent to the price originally asked [on account of Australian producers. The I rapid increase in production in Australia necessitated a considerable amount being stored. Dairy butter is over-plentiful, and meeting with little request. Tinning orders for tile East are heing held up owing to tho scarcity of freight, and relief in Unit .quarter is not expected until next month. Quotations are: .First-grade factory, Is 4d; seconds., Is 3d; thirds, Is 2d; prime separators, is 2d to Is dairy, Is to la 2d; aud inferior lower. BUKNS3IDK MTOCIv SALE. Dunedin, October 23. At Burnside yards l(ii) fat cattle were penned. Competition was very keen, and prices advanced about 30s per head on last week's rates. Extra prime bullocks, £2O to £26 12s 6d; prime, £23 to £23; medium to good, £2O to £22; light and unfinished, £l'i 10s upwards; prime heifers, £lB to £l9 2s (Id; medium to good, £lll to £l7; others, £ll Ills upwards. The sheep penned numbered 2390. The quality generally was good and competition was brisk, but inclined to be erratic. Prices generally declined 2s per head. Several pens of shorn wethers realised 30s jo 32s <Jd; prime wethers, 47s to 525; extra prune heavy, 54h to 02s; medium to good, 43s tid to 40s; light and unfinished, :iSs lid upwards; prime owes, 44s to 43s lid; extra prime, als 3d: medium to good, 3iis to -l:ta: light and aged, 28s upwards. Thirty lambs were, penned, and realised 2Ss Bil to 33s !)tl. There was a medium yarding of pigs, and prices were firm at late rates. ADDINCTON MARKET. Clirlstchurch, October 23. At Addington market there were generally larger yardings of stock than tho previous week, especially in fat cattle and fat lambs. The heavy shower of rain on the previous night will do n lot of good, but was not sufficient to affect the market, as much more rain is yet required to securo a supply of the requisite moisture in the soil to carry over the summer. The demand for fat cattle was good, but the prices were hardly up to tlte previous week's high level. A buyer from Ihe West Coast was operating. The yarding of fat lambs was doubls that of the previous salo day, and there was a licen demand, due partly no doubt to the holiday next week. There was only a moderate inquiry for store sheen, woaners and hoggets selling better than owes. Fat sheep sold irregularly, but the prices on the average are about the same as the week before. There was little demand for store cattle. Hairy cows ami pigs sold well. Store Sheep.—Sound-mouthed ewes with lambs, all counted, 20s sd: failing-mouth ewes, with lambs, all counted, IBs; shorn ewes, lfis 6d; two and four-tooth wethers, 28s 5d to 3Ss Id; four and six-tooth wethers, 32s to 41s 4d; six and eight-tooth wethers, 40s to 425; merino wethers, 23s lOd; ewo hoggets, to 355; hoggets, mixed sexes, 18s lid to 3ls. Fat Sheep.—Extra prime wethers, to 545; prime wethers, 43r. to 50s; medium, 37s Cd to 425; lighter, 32s lid to 375; shorn wethers, 20s to 38s; merino wether::. 21s; extra prime ewes, 595; prime ewes, 403 to 47s 3d; lighter ewes, 31s 9d to 395; shorn ewes, 23s to 33s M; 1102gets, 28s 3d to 38s 4d. Fat lambs- Prime, 2Ss to 30 ; ligluer, 22s to 27s 6d; prime, 2Ss Io 3l)s; lighter, 22s to 27s lid. Fat Cattle.—Extra prime steers, lo £3O; prime steers, £2O 10s to £25 Ills; ordinary steers, £ll to £2O; prime heifers, £lli 10s; ordinary heifers £7 to £.10; prime cows, £ls IDs to £l7 5.;; ordinary cows, £7 10s to £ls. Store Cattle.—Yearlings, £5 2s (id; threeyear heifers. £8 18s (id; drv cows, £5 to £8 17s Cd: dairy cows, £7 5s to £l7. Pigs—Choppers. £0 to £0 15s; extra heavy baconers, to £7 10s hoavv baconers. £(» to £7: light baconers, £5 to £3 15s (equal to Hid lo 9%d per lb); heavy porkers. 75s to 00s: Might porkers 57s to 70s (equal to Kid to 10yd per lb) ; medium stores, 40s and 47s lid; smaller 30s to 38s; weaners, 22s and 355. NEWTON KING'S REPORTS. At Urenui, on Monday. 14th, dairy cows made £lO Ills to £l3; springing heifers, best £l3 to £lO, small £7 15s lo £11; Shorthorn bull 27 guineas; yearling and 15-month heifers £4 5s to £5 0s; rough yearling steers £3 12s Gd; store cows £0 12s tid to £8 lis Od; empty 2-year heifers £(i 7s (id to £7 2s; rough 2year steers £7 10s; woolly hoggets 325; smaller 22s 6d to 28s. At Stony Itiver, on Tuesday, J sth.—ls-month I heifers £4 14s and £4 15s; yearling heifers £3 10s to £4 (is; yearling steers £1 to £4 17s; empty 2-yoar heifers £5 IBs to £0 las; store cows £li 7s to £S; Shorthorn springing heifers up to £lB 10s; best dairy cows up to £18; others £7 10s to £l2 10s; ewes with 130 per cent, iambs (small line), £2; emply At Tatarsiinuku, on Wednesday, 10th.—For Mr. George's clearing sale there was a good attendance. Tho cows were in low condition, but made a good average of £l4 3s for the cows and heifers; small yearlings, £3 14s: sundries at very satisfactory prices. At Walwakailio, on Thursday-, 17th. for my. annual bull fair 1 had a record entry, and attendance, this fair being quite as successful and popular as previous fairs. Pedigree Shorthorn bulls on account of Turnbull and Son sold from 32 to 71 guineas; grade Shorthorn yearlings 8% to 24fe guineas; 2 and 3-year grade Shorthorns 10 guineas to 32 guineas; ; pedigree. Jerseys 10 guineas to 313 guineas; pedigree Holstcins, 1!% to 35 guineas; grade Holste'ins il l /z to 18yi guineas. '"' '■' , ; At Waiwakaiho, on Friday, 18th ..-Yearling heifers made £4 12s to £0; yearling steers" £5 Is (id; .slore c ows £5 l:)s Cd-lo £0 10s; springing heifers £8 10s lo £! I; dairy cows, £lO to £l4 10s. i ....-,• ' '

At Until, .nu Monday, 21st inst.ml --pearling heifers, small .£3 fcs I" ~3 12s (id; 15-month lieifcrs £s'is id .t.'i 7s; einmv 2-icar : heifers £(i ISs; store cows £li to £8; small springers £7 to £8 15s; 4 and li-tonili and f.m. wcIhers 33s (id: empty owes 24s 3d; ewes and hiiubs 2(>s; small hogpc;s 17s. ■ On the'sume day at. Douglas --Yearling and 15-month lieifcrs AM 4s lo £5 (is; yearling to 13-month steers. £4 lis lo £5 ISs; rough 2year steers £J7'lss (id; hulls £3 Is to -.£ll lis: springing heifers £l2 lo £l4 ISs; dairy cows up to £l4 13s.

At Stratford, on Tuesday, 22ml instant Shorthorn 15-month steers made £7 Is; others £3 7s (id to £5 IS; 2-yoar emply lieifcrs £0 13s; la-month heifers up to £5 7s lid; small £3 (is to £4 Is lid; store cows £5 lis to £1! 12s lid for small and up to £9 12s for good. ■;,. In tho dairy pens best coirs sold up to £22 Us (id; others £lO Ills to £l4; 'springing lieifcrs £lO lo £lB. At Inglewood, on Wednesday, 23i:d, for my Annual hull fair and catile sale (here wits ii lull yarding. The hulls were a .very 'rough lot, the second and third class stuff not lieiug wanted. Pedigree Jerseys sold at from 19 V~ to MV2 guineas; grade Shorthorns £l4 to £18; grade .lerseys £7 to £l4; grade Holsleins up to £ls; springing heifers, hest £l4 and £ls, others £7 ]ss to £11: dairy cows £l4 10s 10 £1(1: store cows £7 to £ll 2s Od; little cows £4 5s to £0 15s; empty 2-year lieifcrs £1! Ms: 15-monlli heifers, good £5 15s to £(l 8s; yearling lieifcrs £4 0s: yearling steers £4 17s Od; ewes and lambs 2!)s (id and 30s 3d; empty owes 24s 3d and 255.