COMMERCIAL.

Taranaki Daily News, 14 February 1920, Page 2

COMMERCIAL.

10ND0N MARKETS. By Telegraph.—Press Assn. —Copyright, London, Fel). 11. At the wool sales merinos were very firm; Alio and medium crossbreds wore firm; they were chiefly bought for the home trade; shabby sorts were withdrawn; sllpes and scoured unchanged. At the tallow sales 1461 casks were offered and 567 sold, mostly at about 6d decline. Fine mutton 109s, medium 104s; line beef 115s 6d, medium 102s. At the wool sales there was a choice selection of merinos, and the record price of 98d was reached. A good selection of sllpes sold at full opening rates. There was » poor selection of creasy crossbreds. There was a hnrdening tendency and prncticaliy no withdrawal of lower sorts. The New Zealand Gear clip brought 55% d. LONDON WOOL SALES. Newton King ha 3 received a cable from his London agents as follows; "Wool sales opened. Crossbred, imedliun and line no change; crossbreds, coarse neglected limits not btlng reachoa." ADDINGTON MARKET. Christchurch, Feb. 11. . At .the Addlngton market there was rather smaller yarding of most classes than usual except In store sheep, and there was a good firm tone all round. The store, sheep entry was the heaviest of the seusou, and there was a good demand for forward lambs, but ewes were not so easy to quit. Forwatd lambs made from 22s to 255, ordinary 16s to 20s 6d, low-conditioned and inferior 12s 9d to 153 6d, culls 6s 3d to lis, good 2-tooth breeding ewes to 33s lOd, good 2-tooth breeding ewes 32S Id to 32s 6d/ good 4-tooth ewes 345, 5 and 6-tooth ewes. 23s 9d to 275, sound-mouth ewes 21s 6d,to 265, 2-Wotii wethers 26s 7d, fat lambs 48s 7d. Exporters operated freely and paid about 9%d- lb overall for fat lambs, and the market was firm all through. Extra prime roads to 33s Bd, prime 27s 4d to 31s 2d, medium 24s 6dto 275, lighter 23s to 23s lid. There was a smaller yarding of fat sheep, but a sound sale with values a little harder. Extra prime wethets made to 49S Od, prime 37s 6d to 42s 4d, medium 32s Id to 47s lfl, lighter 27b 6d to 28a 9d, axtra prime ewes to 40s Bd, prime 30s to 36s Id, medium 27s to 29s 3d, lighter 23s 9d to 265. Fat Cattle—3l9 were yarded, and were principally of prime quality, which sold at ilow rites, though secondary stuff commanded an iacraaßed price. Extra prime Steers made from £26 to £2B 10s, prime £2B to £25, medium £ls 15s to £l9 15s, lighter £ll to £ls, prime heifers £l4 to £l9 7s 6d, lighter £8 7s Gi to £l3 15s, prime cows £l4 7s 6d to £l9 7s Gd, lighter and Inferior £ll to £l3 lis. The average per 1001b was £2. 5s to £2 15s. Store Cattle.—A mixed entry of large numbers, which sold at late rates. Dry cows made from £4 17s 6d to £B, empty heifers £4 10s to £6 13s 6d, 3-year steers £l2 15s 2d, yearling to 18-month-old cattle £3 10s to £4, bulls £5 10s to £lB 15s.

Dairy Cows—There was a. fair yarding, included in which were some pedigree shorthorns from the herd of th 6 Sunnysidd Mental Hospital, which realised ■up to 31 guineas, and springers £lB 10s, good first calvers up to £l4 10s, second, third, and fourth year £l2 10s to £ls, and others from £8 to £ll. Vealars—The entry was not so good, int there was a keen demand. Runners made to £8 ss. medium £5 7s to £6 15s, good vealers £3 10s to £4 15s, small and Inferior 8s to 30s. Fat rigs.—The entry was on the amall side, but tiiere was a keen inquiry. Choppers macro from £5 to £8 10s, extra heavy baconers £!i to £9 19s. heavy £7 5s to £8 IDs, ordinary £6 to £7, the average price being Is lb. Heavy porkers made from £4 15s to £5 10s, ordinary porkers £4 to £4 10s, the average price toeing Is o V}<l to Is Id per lb. Store Figs.—There was only a small entry of store pigs, which met with a fairly good demand Prices were unchanged, and the best stores made from £3 to £4, medium £2 7s Cd to £2 19s, small £2 to £2 12s 6d. weaneia £1 5s to £1 17s 6d, sows in pig £.B 2s 6d.

HAMILTON STOCK MARKET. The' Farmers' Co-op. Auctioneering Co. report : Bullocks, heavy prime, £l7 to £2O, medium £l4 to £l6 19s; cows, prime fat £l2 10s to £l4, medliiim fat £lO 10s to £l2; heifers, flit, £lO 10s to £l2; bullocks, 4-year-ol# ,£ll to £l2 10s; 3-year-old, £9 to £10; cows, fresh conditioned £8 to £9, g«od £7 to £8; tfteers, 2%-year-old £7 to jES 10s, 18 months best £5 to £6, mediiinv "£3 10s to £4 10s, small £2 5s to £3 ss; heifers, 2-year-old lncalf SH. £7 to £8 10s; yearlings, best £3 Its to £4 15s. medium £2 10s to £3 10s; dairy cows, best £l2 to £ls 10s, ordinary £8 to £lO 10s; dairy heifers, best 3-year-old £9 to £ll 10s; wethers, prime shorn 33s to 365, msdium 28s 6i to 325; ewes, prime shorn, 29s to 30s; shorn wethers. 4-tooth 29s to 325, 2tooth 22s 6d to 26s Gd; pigs, kneoners £6 10s to £9, slips £3 15s to £4 19s, weaners 10s to 15s; horses, heavy draught £4O to £45, medium do. £3O to £3B 10s, light do. £24 to £3O, harness £ls to £23, hacks £lO to £lB. INOLEVJ'OOD SALE.

(From Our Own Correspondent.) There was comparatively but a small yarding for Mr. Newton King's IhfleW#»d sale on Wednesday, the' 11th Inst., which was held In anything but pleasant weather, a south-east gale prevailing most of the day, added to which, it being the first day of the HaweTa races, was, no doubt, a factor on the debit side from a business point of view. Sales, however, were effected of most of the stock offered. Store cows in backward condition sold up to £5, springing cows £l2 10s, springing heifers £lO, 20-raontliß heifers (in-calf) reached £8 Is, 2'4-year ditto £lO 3s Od, 18 to 20-months steers £4 13s 6d, bullocks £9 10s, and bulls up to £l6 10s. By the foregoing It will be seen that young steers have hardened lu price, while the demand for bulls and heifers (lncalf) Is still flrrn.

NEWTON KING'S REPORT • At Douglas, on 9th Inst., I report a very good yarding of sheep, including the advertised line of iamks on account of W. Perry, Esq., of Tututawa, which I sold In conjunction with the N.Z. Loan and Mercantile. Buyers attended in strong numbers, the whole yarding being cioared at the hammer, the market throughout showing a bright tone, Lambs and wethers sold at advanced rates. Sheep, on account of Mr. Perry, sold as follows; Top lambs 13s 9d lo 14s 6d, small do 9s 4d, culls os, 4-tootli wethers 30s, Romney rams (2-tobth upwards) 2Mr to 3gns. Sheep, on account of other vendors: 4 to 6-tooth wethers 30s 2(1 to 30s Bd, 2-tooth do 23s to 265, 2-tooth ewes (small and late shorn) 18s 9d, 4 to 6-tooth do 25s 6d, fat sheep 335. I report a full yarding of cattle, the whole of which sold at ruling rates. 18-month empty heifers were the only class which showed ah advance on recent SiO'.js; for these there was a strong demand. Flit cows £U 7s 6d, fresh conditioned do £8 10s to £lO ss, stores £6 10s to £7 159, cows and calves £7 10s, bulls £8 10s to £l6, 18 to 20-month9 steers £4 10s to £4 15s, 2%vear do £6 10s, 18-montli empty heifers (Jersey) £5 ss, Rolstelns £8 4s Od, mixed colors £5, weaner steers 32s 6d. At Stratford. 10th inst., I report a fair yarding of both sheep and cattle. Lorats sold well, but other classes of sheep were mostly of inferior quality, offering very dull competition. Best lambs sold from 12s 6d to 14s 2d, light do 9s 9d, mixed sheep 22s 9d, f.m. ewes 14s to 15s 3d. There was a good sale for cattle, fresh cows and bulls selling well, other classes also meeting with good enquiry. Fat cows £lO 15s to £ll 10s, forward "do £5) to £lO. store do £G 10s to £8 ss, heavy bulls £l2 5s to £lB 10s, light do £8 to £lO 10s, cows and calves £7, 2%-year empty heifers £6 6s to £B, 18-month do £4 15s to £5 3s 6d, 18-month steers £4 10s to £ls 4s, 2 to 3-year do £8 ss. At Ingiewood, on 11th inst., 1 hi.d only a moderate yarding, practically everything being cleared at the hammer. The yarding of sheep wa3 small. Good lambs sold up to 18j and fat ewes 295. Light store cows £4 15b to £6 10s, bulls £lO to £lO 10s, 3-year bullocks £9 10s, 2%-year steers (rough) £6 10s, 18 to 20-month do £4 5s to £1 17s, 18month dairy heifers (RWB) £7 16s to £8 3s, rising :l-yeur heifers (ln-calf) £9 ICs to £lO Ss Gd, heifers (springing) £lO, dairy cows £l2. A~t Inglewood, on 9th inst., I held my annual sheep fair, being favored with a good entry of sheep, which was offered to a good attendance of buyers. Prices realised throughout compared'very favorably with the genial tone of the sheep market in other districts, the demand for good lambs and wethers being especially keen. Prices were as follows: Good lambs (shorn) 16s 3d, woolly 16s 9d, cull to medium lambs 4s to 12s, 4-t6oth wethers 27s Od to 30s, 2-tooth do 23s to 255, mixed aged ewes 23s to 255, s m. do 17s to 22s 6d.

LONDON WOOL SALES. Messrs DalgeLy are in receipt of a cablegram friim their London House, under date of the 9til inst,, reading as follows: "Wool sales opened with a fair selection. As compared with last sales closing rates good merino wools were very flrin. other descriptions occasionally slightly easier. Fine crossbreds very firm, medium crossbreds unchanged, whilst coawe crossbreds were neglected and mostly withdrawn from sale."