COMMERCIAL.

Taranaki Daily News, 28 February 1920, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. By Telegraph.—Press Assn.—Copyright. Received Feb. 27, 10.35 a.m. Melbourne, Feb. 27. Hides are very brisk, Medium and good i condition advanced Id to iy 2 d. Kips have Improved %d. Barley.—English malting 7s to 7a 4d; Cape Gs to Os 4d. Oats,—Algerian milling 0s 8d to 5a 9d; Feed 5s 4d to 5s sd. Potatoes.—£B to £8 10s. Onions.—£l3 to £l3 10s. THE BOOM IN COPPER London, Feb. 25. Copper.—Spot £122 2s 6d, tJiree months £124 17s Od. Tin—Spot £4lB 10a. Other metals remain unchanged. A leading authority in the metal market attributes' the rlsri In copper to the fact that consumption in America apparently exceeds production, while the Government stocks in Britain and the Continent are almost exhausted. The manufacturers have not covered forwaTd requirements t< any extant and the increased consumption, it appears probable, may lend to an advance in prices, but the big producers are anxious t6 end the artificial restriction of output which has existed so long, ttharefore they may prefer to keep prices at the present level. THE PRICE OF WOOL • • London, Feb. 25. Owing to steadily increasing prices of apparel, pressure is being brought on the Government Wool Committee to release more wool for manufacturers at reduced cost. FEILDING EWE FAIR. Fellding, Feb. 25. The' annual ewo fair was held to-day. The entries comprised over 20,000 sheep, nearly all of which were Ronweys, There was a large attendance, but no* many buyers. A few stud Romneys and Houthdowns were offered, but none of these reachod the resorvos There was a keen demand for J. Thorpe's Ronmeiy 2-tooth ewes, which were exceptionally fine sheep, and which repeated last year's performance by lopping the mnrket at 61s, being a shilling less than the price realised Inst year. Good 2-tooths made from 30s to 37s (Id, others selling at from 20a to 28s; purebred 4-tooths of good quality and with big frames made from 37s 6d to 40s, and ditto. 6-tooths made 34s Od Ordinary to good 6-tooths sold at from 25s (id to 345, while 4, 0, and full-mouthed ewes made from' 24s to 28s. Best 4-year-old ewes averaged from 30s to 36s Cd. medium sorts 25s to '29s. Inferior were hard to quit at any price. Five-year-old ewes sold at 27s to 30s, and mixed four and five-year-old owes at 26s to 28s, a great number falling to reach the vendors' reserves. AODINGTON MARKET. Christchureh, Feb. 25. At Addlngton market there was an average yarding of fat sheep, a larger one of fat cattie, and a much smaller one of fat lambs. I/rlcos for fat sheep more than recovered from last week's drop, while fat. lambs sold at. ra.ont rates. Beef was easier. Storo sheep: Biggest yarding of season, Including a considerable number of Marlborough sheep which did not meet with the vendors' ideas of values. Lambs made a Broaller proportion of the entry than usual. Forward lambs made 22s to 24s 7d, ordinary 18s to 21i Od, low-conditioned 14s to 17s 9d, good 4 and 6-tnoth ewes made 30s to 36r Id, good 2tonth 23s to 325, 2. 4, 6 and 8-tooth ewes 23s 6d to 27s Id, sound, fair cries 19s to 25s lid, aged forward owes. 19s ltd to 25s Gd, [joort 4, 6, and 8-tooth wethers 28s to 30s 3d, ordinary 23s Od to 27s Od, inferior 17s 6d to 22s 6d. Fat lambs: Extra prime lambs made to 42s prime lamto 29s Gd to 34s lid, 'medium 25s to 28s lOd. lighter 21s to 24s lOd. Fat cattle: Extra prime steers made !o £26 10s, prime £2l 15s to £25 ss, medium £ls 2a Gd to £2O, lighter steers £l2 2s f>d to £l4 2s Gd, prime heifers £l4 2s Gd to £l6 lis. lighter £9 to £l3 2s Gd, prime cows SJ . °!!.* 0 £IT ss ' Ileht all(I Inferior cows £8 7s 6d to £l2 15s. Store oattlo: Bulls made £8 to £l9 (extra heavy), 2-year steers £7 5s to £B, dry cows £5 10s to £9 10s. Dairy cows: Good springers made to £l7 10s, good heirers to £ls ns, inferior £4 10s to £O, medium cows £9 to £ls. Vealers: Runners made to £B, medium to £O, good -vealers £3 12s 6d to £4 12s Gd small 9i) to 308. Pigs: Extra heavy baccnors made to £9 Sp ordinary £6 to £7 (average pries per lib, lid to ll%d). Heavy porkers made £5 to £5 15s, ordinary £4 to £4 15s (avera"e i liricc per lb. Is Id to Is l%d). Choppers Undo £7 to £lO. r Store pigs: Seven purebred Berkshire boars brought from 7 to 15gns. best, stores to £•" medium £4 10s, small £2 15s, weaners 35s to •Iss, sows In pig £7 15s to £9 2s 6d. BURNSIDE. . „ Dtmedin, Feb. 25. At Burnside there were largo vnrdlngs Fat cattle; Prlmo bullocks marie £2O to £25, medium £l7 10s to £lO 10s, lighter Hnds £ls and upwards, nrlme heifers £ls to El? 10s. medium £l3 to £l4 10s, light and • Red £lO and upwards. Store cattle: Fat cows sold well "or freezing purposes, hut for every class of store cattlo it wns difficult to effect sales. Of the few sales which took place, the prices were on a basis of 10s a head below last week's rates. Calves sold from 2s Gd to £3. Sheep: Prime wethers made 43s to 48s 9d medium 37s Gd to- 425, light and unfinished 28s and upwards, extra heavy ewes 48s. prime ewe? ?.7s to 40s Gd, imedlum 32s to 365, light am; cged from 245. Lambs: Competition wns good at values about Is bolow last week's rate. Values ranged from 20s to 35s a head. Pigs: Best baconers made Is o%d to l. l'sd per lb., best porkers Is l%d to Is 3d p.v lb.