COMMERCIAL.

Taranaki Daily News, 12 July 1919, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. By Telegraph.—Press Assn.—Copyright. Melbourne, July 10. Barley.—EiieUsli malting, 5s Od to 5s 9d; Cape, 3s lid to 4s Id. Oats.—Algerian, milling, 4s 9d to 4s lOd; feed 4s 6d to 4s 7d. Potatoes.— £ll to Sit. Onions. — £l7. NEWTON KING'S REPORT. At Kuhotu on 4th Inst,, weaner heifers made BSs Od to £2 Ids, yearling Shorthorn heifers £4 la, 2(l-mimtU steers (poor) £4. empty 20-month heifers (small) £4 5s to £4 IDs, store cows £.l iis tu £B. A small dairy herd was offered on account of Mr. F. Rotlieiy, best cows malting £ls to £27 10s, later sorts £ll 10s to £l3 10s. On 4th Inst, at Dudley road, Inglewood, no account of Mr. \V, Crags of Wagnanui, I conducted a dispersal salo In conjunction with Messrs. Wright, Stephenson and Co., of Wanirunul. The cattle were not an attractive line In rather low condition. Best cows made £ls to £2l, later sorts £9 to £l2, Frieatan bull £lO 10s, mixed weaners £3 10s.

At Kaponga on 4th ill at., I had agood yarding of cattle, most of which changed hands at (he hammer. Wearier heifers 355, yearling do. £3 4s to £3 18s, steers (good) £3 15s, others £2 0s to £2 17s, 20-month steers (small) £4 ts, store cows £0 to £8 2s, bulls £7 15s to £lO 7s 6d, 2-year-dld In-calf heifers £8 to £8 2s Od, dairy heifers (springing) £lO to £l6 10s. A dairy herd offered on account of Mr. 8. Radford sold well, beat cows realising £ls to £23, later sorts £9 to £l3. A choice, lino of 3-year-old 10-calf heifers made £l4 ios. At Uremil on '7th inst., a smali entry of cattle came forward. The advertised sheep on .account of Mr. C. Musker were yarded and a most satisfactory clearance was made. Prices showed an'advance on recent sales. Weaner heifers made 3!is to £2 4s, Jersey do, (small) £2 17s, yearling Jersey heifers £5 25,, .20tnonth to 2-year-old steers £5 10s to £6 7s, 20-month In-calf heifers (small) £5 17s Od, 8-year do. (close up) £8 7s Od, sow £7 ss, hoar £5 ss, 2-tooth ewes- (In lamb) 30s 4d, t-tooth do. 28s Od, 6-tooth do. 27s lOd/.f.m. do. 25a 9d to 25s lid, cull owes lis, fair lambs (late shorn) 16s 9d, woolly lambs 21s 3d, cull do. lis. At Norfolk Road, Inglewood, on 7th Inst., I held a dispersal salo on account of Mr. A. P. Heal. The vendor had built up a very choice little line of grade Jersey cattle, con««iuently fanciers of this breed attended In strong numbers. Bidding proved exceptionally brisk throughout, the high average of £23 Is 8d resulting. A big list of household furniture and farm implements, etc., afforded keen competition. Best cows made £2O to £33, ethers £l6 to £lB 10s, choice 2-year-old lnlalf heifers £ls, weaner heifers £3 15s, pedigree Jersey ball 36gns„ farm horses £lB 10s to £2B.

At Stony River, on Bth Inst., I hod u full yarding of cattle, including the advertised dairy herds on nccount of Mr. D. .McEldowney and Messrs. Gill and Baxendale, also a very choice line of 2-year-old Jersey heifers on account of Mr. Chas. Wells, Mr. McEldowney's herd comprised a very even line of big framed cattle mostly Jersey in good nick, Jersey fanciers attending in big numbers from all parts of the province, resulting in the high average of £2O ios being obtained for the herd, including omptv and unsound cows Mr. Well's heifers also met with keen competition, quality and condition proving the predominating features throughout the line, the 48 averaging over £ls. In the dry stoclt portion of the yards all classes met with keen demand, prices if anything proving a shade In advance of late rates. Practically every pen changed hands. Prices were: Weaner heifers £2 16s, steers 255, 20-month empty nolfers £,j Is to £6 2s 6d, yearling steers £3 7s Cd, 20-month do. £4 14s to £5 Bs, 2 to 3-year-old do. £6 lis to £7 lis 6d, store cows £■> lis to £6 10s, bulls £9 15s to £l2. fat cows £lO 10s to £l2, fat liefiers £7 15s, fat bullocks £ls 10s, mixed aged ewes (In lamb) jr>s 6d, fat wethers 355. Mr. McEldowney's cows realised £2O to £3B, later sorts £l2 to Mr. Chas. Wells' heifers: A few of them were by the pedigree Jersey bull "Belvedere Bilberry s Last," out of grade Jersey cows. These realised In lines £ls 10s to £2O 10s others brought £lO to £ls 10s. Messrs. Gili and Baxendale's herd made: Best conditioned and early sorts £l2 to £l6, others £9 upwards. Dairy cows on account of other vendors made £ll to £l7, calved cows £2l 3-year-old darly heifers £lO 10s to £l3, 2-year-old do. backward sorts £8 5s to £9. At Monmouth road, Stratford, on 2nd inst I conducted a clearing sale on account of Mr! Z. T. Walker. A few head of registered Shorthorn cows realised 16 io 23gns., pedlgrw Shorthorn bull 17gns., best grade cows made £ls to £24, poorer conldtioned sorts £lO to £ia lOgns h6lfers ll)s ' era(is Shorthorn bull

At Rlverlea, on 9th Instant I held n dispersal sale on account of Mrs. Voullnive. A big list of household furniture and farm chattels was cleared under spirited competition, the cattle unattractive lot, showing a lot of age, but nevertheless a good sale resulted. Best cows made £lj to £l9; others £9 upwards; 2-year-ou dairy heifers £7 15s; 20-month steers £5 ss; mixed weaners, £2 13s; sows £7 loi to £lO 10s; store pigs, £1 18s to £2 6s; farm horses, £lO to £25; a few cows offered on £17 U JOs ° tlWr venilors " iatle ffarn £l2 to

At Oaonul, on sth Instant, I conducted n clearing sale on account of Mr. H. G. Muir Mended In good numbers, a satlstjctory sale rssultli)g. A few head of pedigree Prlesltin cattle made as follows: Cows 20 to 48 guineas; yearling heifers, 12 to 2i ™iMas yearling bulls, 12 guineas; 3-year-old bull 45 guineas; best grade cows, £l2 to £ls- back Cn "; £lO 16a to fils £2 173; f a™ dnfrlXS ™ 9,h 1 br auction « dairy herd on account of Mr. R. McK Morlaon although showing a little age. The cattle we™ In good nick, and a good sale resulted. ' Best aged bull, 33 'gulne'as. 6 ' 1 ' 1 " V At Tataralmaka, on 10th instant i j » dispersal sale of llve and deaS 'stock on t count of Messrs. Parnham Bros. The vendor* ttl'Z ™ separate hofdlnJ eS cows In'mt'V M ll p <I . cl , ory sale resulted. Best / a 6d; pedigree Jersey bull '/r guineas; best cows on account of Mr p' r

addington market. . Chrlstchurch, July n At Addington market to-day yardines of stock, except fat cattle and dairy cattle Uta"nd, prlc « » Thar,; ZT In fat sheep and lambs and vealers the ship?'' age was due partly to. the cumi ment of railway service, and partly to Uii fat sheep and lambs. Z ■inrrM an '?n 5,„ 0f bltt 8 to"'ltrli(.tn Ue ,i t0 i he 9hor, "ess of supplied vanced .fibout. 5s . wr-.htjad n ; oflWjuril .rates, Fat cattle X'o firmed aJd^eS• ers-so d-exceptionally' well. ' o'small-and'toor lo't.v' lTbeft'' was'S^mdaS, and fallljiß-itflKth! e»6s,'lis Id to IBs Ms; Fat : p'f friie.' to 'oh •' 25s 3 a s d: W'W' i'f Fat Shfeep.—The 'n&aa prime wetb&Bf ' r PrtrtTw^&^S 53fl i( " mpdlu® wettiors, 3Ss ,'tb iHs"6ai extra prime ewes, 52s 3d; prlroo ewes; 140s:• Fat,; Cattle.—Extra ■ iirlmo' 3ftbrs, ; ' ti"'fiis,"KTi n bT!- ssA

BURNSIDE MARKET. i. „ i. Dunedln, July 9. At Burnsldo to-day, 173 fat cattle were penned. The quality ou the whole was dls. appointing, very few of really prime quai l* coming forward. The total yarding, with the exception of two tracks came by road Prices nrH r °lj Cr 2. ,^ uut eilual 10 last week's rates, blir joX

23 fori medium and prime, and somewhat more foe extra. Prices for all but light, which were easy, improved as the sale progressed. Extra prime wethers, 00s to SSIS 9d; prime, 43s 6d to 60s; medium, 35s to 40s; prime ewes, 39s 3d; medium, 30s to 355; light, 28s. Fat Lambs. —383 were penned. Owing to export buyers being out of the market, and the season for butchers being about over, buyers had matters their own way, and prices declined fully ss. Some lots were almost totally neglected. The quality was mostly fair, with a few pens of prime. Prime, 28s to 325; medium, 20s to 245; light, 14s Od to 18s 6d. EMPIRE MEAT TRADE. IN WAR TIME AND AFTER. The annual report of Messrs. W. Weddel»and Co., Ltd., of London, lias something to say concerning the profits which have been made at Home from Australian meat during the war years. Also, the report touches on the question r>f a post-war policy In regard to the frozen meat trade. The report says: "Criticism has been somewhat strong as regards profiteering by the Imperial Government, and not without reason on the known facts of the case. Lambs bought in Australia and New Zealand at prices averaging about 5%d per lb, free on board, have been sold to the public at prlccß averaging about Is 2d per lb wholesale. After making every allowance for the Inflated freights credited to a Government Department, and for increased out-of-pocket charges for insurance, storage, land transport, salesmen's commission, etc., margin of profit obtained on such purchases was unreasonable. No private profiteering In any class of goods can have ever reached such dimensions. These profits were charged on Empire-grown lamb, which had been purchased at a moderate level of prices under. a war measure passed for the purpose of securing supplies for his Majesty's forces. Nor was the case much better so far os South American meat was concerned. Largo quantities of beef, mutton, and lamb shipped by arrangement, In excess of army contract requirements, were taken over on arrival in England at 10% d and U%d per lb c.1.f.. and ren?hl »L ls , 2^?.",1 d , ls 3 d P« lb wholesale, The cost of distribution could not havo exceeded l%d per lb, so that the Ministry of Food retained a not profit of 2d. "• • • • The air has been full of schemes for the better conduct of the imported-moat trade after the restrictions imposed by war conditions are withdrawn. These schemes have been devised with a view to obtaining at least ;r re 2, ™ a !P purposes—(l) securing supplies for the United KlMgdpm; (2) fostering Empire proPreparing the way for preference within the Empire; and (3) checking the menace of the Meat Trust. The last of these is perhaps, the most compelling factor In the whple problem. The danger to the public, as JT' ns ,0 trading and agricultural Interests,! .? 1 tho recen t increases of' the hands of a group of foreign Rtn»» L 3„ J1? iO , Ctt " for 80,1,6 Immediate n° om havlnK done anything wit/Stfi Gora " ment has done much, unwittingly perhaps, but none the less effectively u " durl,,tt 11,0 Past four years, by thn Vmiltl F' 063 ,0 11,(1 ,or<!i finer than to f? », P ,?i'°'i ucers - by providing the forolgntn ti „ f "lght, which had to be denied e H [" OT3eas Doraln 'ons on ac<:<l i"it of their great distance from our shores, by the preferi entinl treatment afforded to foreign traders as tSf » 'fT 10 ?!, <lncome tas aad excess profits tax) and by the greater facilities granted to foreigners to> maintain their distributive connections in this market—by all these means the Sw h,S° w f re ot what " kßown aa the Beef in - beßn extraordinarily strengthened i i? tradln K Interests have been correspondingly hampered. Even since the armistice in m f lda Possible for American traders iw, orders m Continental countries, from which, on one plea or another, British traders are still excluded." «uisn