COMMERCIAL.

Taranaki Daily News, 2 March 1920, Page 7

COMMERCIAL.

LONDON WOOL MARKET. By Telegraph.—Press Assn.—Copyright. Received March 1, 5.5 p.m. London, Feb. 20. At the wool sales there was a spirited demand for merinos at late rates; tine medium crossbreds were unchanged; lower sorts were largely withdrawn. At Bradford little business Is doing. Prices of merinos, fine crossbreds were unchanged; low crossbreds neglected. LONDON METAL MARKETS. London, Fell. 20. Copper.—Snot, £l2O 7s tid; forward, £122 17s Cd; electrolytic bars, £130; best selected copper £127. Lead,—Spot, £sl 12s 6d; forward, £52 12s 6d. Spelter.—Spot, £59 7s Cd; forward, £Ol 10s. Tln.—Spot, £399 10s; forward, £402 ss. Silver, 82$ id per ounce. COLONIAL SUGAR COMPANY. Sydney, March 1. A circular has been Issued by the Colonial Sugar Company, Australia, calling a special meeting of shareholders to consider a proposal to return to shareholders part of their capital. The circular explains that during the war tlie company subscribed conslderabl3 sums to war loans, and it is now necessary to decide what action should bo taken In regard to the money thus withdrawn from the business. Under normal conditions a large proportion of the money would bo required for extensions and renewals in the Queensland mills, but the political position in that State renders such expenditure impossible. In any case funds will be available far this purpose when the outlook is more stable. The board has therefore decided to advise that £630,000 worth of debentures be' divided amongst tho shareholders as a return of the paid-up capital of the company, being at the rate of £4 for each £2O share.—Aus.-N.Z. Cable Assn.

FARMERS' CO-OP. REPOBT. , The Farmers' Co-operative Organisation Society of New Zealand, Limited, market report for the weak ended 28th February, 1!)20, Is as follows: On Monday, at Okalavra yards, there was. a small yarding, which was all sold at saticfactory prices. Quotations: Light store pigs 38s and 395, lambs (small) 9s 7d, bulls £0 Iss to heavier £l3, fat cows £U 13a, store cows £0 10s to £B, weaner steers (Shorthorn! well grown) £2 9s, mixed weanere (small) £1 2s Gd. At Inglewood, on Monday, we held our sheep fair. The yards were well filled and everything wa3 sold. We quote: 2-toorh wethers (fair) 25s 9d, 4 and 0-tooth do. (forward) 31s, 2-tooth ewes (fair) to 26s Od. 4, 6 and f.m. ewes 26s 6d, sound mouthed ewes (fresh c adition) 20s to 23s 6d, do. (low. condition) to 16s Cd, Lincoln rams 2gns, Romney rams 3gns, good woolly lambs 18s, good shorn lambs 14s and 15a, cull lamb 3 10s 6d. Wo held our Waverley sheep fair on Tuesday. There was a good entry which sold reiußy. Competition was keen. ewes were in strong demand. We quote: 2-tocth ewes 27s Id and 295, 4 and C-tooth do 30s fid and 31s 7d, f.f. ewes 10s. 2-tooth wethers 21s Cd, S-tooth do. 27s Od and 31s 9d, b.f. lambs 12s 3d, shorn lambs (fair) 12s Id. At Eltliam there was not a large yarding and bidding was not keen. Fat stock sold well, but other lines were not In much demand. We cjuoto: Good lambs 15s 3d, bulls £lO 10s to '£l2 ss, fat cows £ll Ts Gd to £l2 2s Cd, store do. £7 10s to £9, weaner heifers £1 16s, sy* -year steers £9. At Hawera on Thursday there was a big yarding of sheep and cattle. In spite of the rough weather buyers were in good attend•tnco, and everything was sold. We quote: lambs (small store) 9s 3d to 10s 7d, woolly lambs 13s li\, fair good lambs 13s, cull lambs 6s, mtsed hoggets 20s 6d, 4-tooth ewes 31s 3d, C-tooth do. 235, 2-tooth wethers 275, bulls £8 IDs to £l3, fat cows £ll Cs, forward do. £9 10s to £lO, light cows £7 12a Gd, forward 3y 2 -year steers £ll 7s 6d, Shorthorn heifers '(r.w.b.) £9 17s, 18nmonth empty heifers £6 10s to £7 10s, Jersey weaner heifers £5 17s Gd. On account of Greaves estate. 100 cows: Hereford mid Shorthorn £8 9s, Hereford calves £3, 15-month heifers £5 la, U'/.-vear steers (Hereford) £0 lis, 3%-year do." £9 10s. At Waverley on Friday we had a big yarding, 'everything selling readily. Quotations: Weaner pigs 255, 4-tooth ewes 33s sd, 4 and (i-tooth do. 255, C-tooth f.f.m. ewes 17s Od, fair Rood lambs l.'!s, cull lambs 6s 9d, storo cows £7 15s to £8 ss, fat and forward do. £lO to £ll 10s. empty heifers £0 105,'3%year bullocks £ll 18s, weaner steers 28s Od. At Kaponga on Friday there was a fair yarding and all were sold. We quote: Small lumbs 10s, springing heifers £9 to £9 17s 6d, fat cows £ll 29 Cd to £ll 7s Cd, forward cows £8 to £9 12s 6d, lighter do. £7 10s, bulls £7 .Is to £ll 7s Cd, weaner Holstein hulls £2, do. heifers (well grown) £3 35,. other weaner heifers (part Jersey) £3 lis. H.Z. LOAN & MERCANTILE CO.'S REPORT. At Opunake on Monday there was a good yarding, especially of grown cattle. We quote: 4-ycar bullocks £l2 [is to £l3, 2%year bullocks ■ £8 to £9, 20-month heifers r.w.b. £7 9s to £8 ss, light store cows £5 lis, 18-month heifers £3 12s to £4 19s, 8tooth forward wethers 29a, f.m. ewes lis, ripe lambs 15s, cull lambs 7s Cd. On Tuesday at Manata we had a small yarding. Store cows £8 to £ll 2s Gd, bulls £7 10s to £ls, 4-tooth wethers 245, lambs 9s Bd. At Palmer Road on Friday we held our usual sale. Fat cows £l2 to £l2 15s, bulls £9 5s to £ls 15s, Jersey weaner heifers (small) £5 ss, laimbs 9s 6d. O.i the same day at Waverley we offered a 5m..1l yarding, stock selling at late rates.

NEWTON KING'S REPORT. At Douglas, on 23rd ult, I held my supplementary sheep fair, there being a very fair offering, and on the whole a steady demand. Good sheep sold readily, breeding emjs especially showing a firmer tendency. Prices otherwise showed little change. ?n coniuaction with the N.Z. Loan and M.A. Coy. I sold the advertised ewes on account of W. Perry, Esq., of Tututawa, and for these enquiry was keen, and sold as follows; Slitooths 275, ff.m. 27s sd, f.m. 23s 9d. Sheep on account of other vendors: Good 2-tooth wethers 28s 7d, small do. 235, 4-tootb, do. 2B« to 30s, 4 to 8-tooth do 29s to 30s, 2-tooth ewss 23s Gd, G-tooth. and f.f.m. do. 23s and 245, fm. do. 12s to 17s 9d, aged culls 7s to 9s Cd, fat ewes 28s, mixed 2-tooths 25s 3d, lambs 10s 4d to 12s, cull do. in Gd to 8s 3d. A small yarding of cattle all sold at the hammer. Fat cows £lO 15s to £ll Ss, bulls £S 15s to £lO Ss, store and forward cowo £8 to £9 Ss, fat heifers (light) £8 Bs, 18 to 20month heifers (r.w.b.) £0 10s, 15 to 18-month empty heifers £4 12s Gd, 2 to 3-year steers £7 10s, 20-month, to 2-year do. £5 16s, mixed weaners 2Ss. At. Stratford, on the following dav I had a good entry of sheep, the yarding beln" mostly lambs and f.m. owes which were all sold at the hammer. Lambs 14s 4d to IBs M, medium do. 10s 3d to 10s 7d, small do 0s (Id to Ss, f.m. ewes 10s to 14s, culls 0s Gd to Bs. Cattle sold at late rates. Bulls £7 to £ls, store and forward cows £6 5s to £9 18 to 20-month steers £4 19s, colored sorts 12s CI £4 23 ' IS " raonlh emly heifers £4 At Inglewoni on 25th ult., I report a fair yarding of sheep and small one of cattle rough weather preventing most of the advertised lines from coming forward. There was lltte enquiry for sheep, lambs making most of the sales rt the hammer, whilst cattle, on the whole sold well. Woolly lambs 13s to 18s .4, shorn do lis 7d to 12s 6d, mixed aged ewes 2.1s to 28s, f.m. do. 10s to 15s, --tooth wethers 24s tc 275, small do. £l2 , U Mto £7 1S «- "-month empty heifers £5. 2-year in-calf do. £l2 'l e ? ey '"\ * l3 ir,s - sraa » heifers (r.w.b.) Lv i*r 5 ' jL e "' ers (waging) £lO 10s, bulls £5 to £7 10s. •*' n on 27th ult. store and forward cows £8 to £lO ss. bulls £5. 20-month (springing) £9, calved £S, lambs 14s Gd. SALE .OP THOROUGHBRED YEARLINGS. A sale of thoroughbred yearlings on account of the well-known breeder. Mr. (J. M. Currle, Koatamil. Kal Iwi, was held at Wangnnul on Friday. The bidding was spirited. All the yearlings were by Absurd, and the dam's l'aroe alone is given : Br. filly from Graduate. COgns; Mr. Watklns. f'h. filly from Ursula, .lOgns; Mr. Arnott. Ch. flll.v from Minique. IflOgns; Mr. Card. Ch. flll.v from Roscommon, 120gns: Mr. Mferd. Bay flliy from Liciuity, 200gns; Mr. P. E. Enslon. Cli. colt from Lynis'.ra, 375gns; Mr. Ford. C'U colt trom Eronze, 4»i)gns; Mr. W. G. Slei;d. I'll ccit from Mitira Machrce, 200gns; Mr. J Williamson. Bay colt from Cowl. 150gns; Mr. .1. Brown. Bay colt from Holyrood, SUgnr,. Mr G. .Tones. Bay colt from Clnira, 6(!gns; Mr. F, S Easlnn. Br. Colt from, Ladv S:a, OOgns; Mj). Jaml»« SOB.