COMMERCIAL.

Taranaki Daily News, 22 June 1920, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright, London, Juno 20. Cotton.—Liverpool quotation for American middling upland Jul}' delivery 24.55 d per lb. Rubber.—Fine hard para 2s Id; plantation first late crops 2s o%d; smoked ribbed steet 2s o%d. Hemp.— I The market In neglected. AprilJune shipment £54. Jute—Dull. August-September shipments £OS. ! " Copra.—Quiet. June-August delivery £45 nominal. Linseed Oil, £7O per ton. Turpentine, 155s per cwt. BURNSIDE STOCK SALE. Dunedln, .Tune 16. Each department was well supplied with stock at Burnslde to-day with the exception of pigs, a large number of which should ha"» been disposed of. Freezing representatives were active and prices in consequence were, on the whole, above late quotations. Fat cattle—A large yarding, a tola! of 204 being offered for sale. The quality was medium. The sale opened under good competition and prices were fully 10s a head above last week's rates. Prime bullocks sold at £22 to £26 10s, medium £lB to £2l 10s, llg\t and unfinished kinds from £l4 10s upwards. .Prime heifers sold from £ls 15s to £lB 10s, medium £l3 10s to £lO, light and aged £9 upwards. Store cattlo—A large yarding. The demand was slack, more particularly for young and backward-conditioned cattle. Prices on the whole were a few shillings a head below late rates. Sheep.—A good yarding, numbering 2371 head of fair quality. The demand was good by both trade and export buyers, and values were fully Is Cd a head above last week's rates. Extra prime heavy-weight wethers made up to 57s 6d, prime 44s to 54s 6d, medium 38s to 425, light and unfinished kinds from 30s upwards. Extra prime heavyweight ewes made up to 56% 9d, prime 40s to 48s 9d, medium 32s 6d to 38s 6d, light and aged from 25s upwards. Fat lambs.—A moderate yordlng, numbering 1474 heild of fair quality. For all good sorts suitable for export purposes competition was keen, and prices were from 2s to 3s a head above late rates. Graziers were also In the market for store lines which required finishing off. Best lambs made up to 38s, and others from 18s upwards. Pigs.—A medium yarding, all meeting with ready" sole at prices well up to. last week's rnies, Baconjeta rea/llsed from 10 <4 d to ll%d per lb, and best porkers from lid to ll%d per lb. CANTERBURY GRAIN MARKET. Chrlstchurch, June 15. , There are no new developments In connection with the grain and produce market. Though the stagnancy has devoloped a few weak sellers in oats, the tone of the market is very Arm, and local merchants anticipate that this condition of affairs will continue. The break in the Australian drought is not having any effect on quotations, the market remaining comparatively strong In anticipation of New Zealand requirements. The lack of shlplpng is reducing business to a minimum. Chaff Ib in the same position as oats. North Island Inquiries cannot be met on account of the Inadequacy of transport. There ! is no life in the potato market. An outlet is badly required for the big Canterbury surplus. AODINGTON STOCK MARKET. Chrlstchurch, June 16. At the Addlngton market to-day there was a big yarding Df fat sheep and an average one of fat cattle. Store Sheep.—There was a slightly bigger yarding than last week. There was a healthier tone In the market, though no quotable change occurred In values, but a better clearance was effected. Southland and West Coast sheep were represented In the yarding. Quotations: Inferior hoggets lis Id to 15s 6d, good hoggets 335, 4, 6, and 8-tooth ewes 27s 2d to 335, Inferior 4, 6 and 8-tooth wethers 22s to 25s 6d, fair 2-tooth ewes, in lambs 22s lid, fair nound-moutbed ewes 20s to 28s, 2-tooth wethers 22s lid to 20s.

Fat Lambs—Extra prime to 35s 3d, prim? 27s 6d to 33s Id, medium 23s to 27s 3d, light an d unflulshed 20s to 24s Cd. Fat Sheep.—A big yarding. Recent values were scarcely maintained throughout the sale, particularly for secondary quality, and when butchers' requirements were filled towards the close there was an easing. Freezing buyers operated freely. Extra prime wethers 48s 3d to 59s 6d, prime wethers 40s to 45s 6d, medium 35s to 38s Qd, lighter 29s to 345, extra prime ewes 44s to 48s 9d, prlmn 36s 6d to 43s 6d, mcdlufti 30s Od to 365, light 21s to 29s 6d. ; Fat Cattle.—The market, though not so Arm as at recent sales, was up to Inst week's values, prime beef soiling satisfactorily. Extra prime steers to £32 15s, prime steerj £l9 10s to £25, medium steers £ls to £ls 15s, ordinary and Inferior heifers £6 ids to £l2 12s 6d, prime heifers £6 10s to £l6 17» 6d, ordinary cows £8 17s 6d to £l2. Store Cattle.—Wie poorest quality yarding this season. One Hue of forward steers brought up to £ls, bulls to £lO 10s Dairy Cattle—A keen demand. Springing heifers brought up to £2l, and secona and third rakers £2O. Fat Pigs.—A medium entry and fair demand. Choppers to £lO 15s, heavy baconers £7 15s, light £6 10s (average per lb lOd), heavy porkers £5 10s (average per lb.'ls to Is ■ - FARMERS' CO-OP. REPpRT. I The Farmers' Co-operative Organisation Society of New Zealand, Ltd, market report for the past week:— Horse Fair.—Last Saturday we held a horse fair In Hawera. We report a good pntrv. were present, and on the heavy class competition was good. Good draughts were sought for and brought tp £43 10s. Milk carters and lighter farm horses were also in good demand, prices ruling £l9 to £3O. Good hacks and ponies sold well. Yard Sales.—At Okalawa nn Monday wo had a small yarding. Fat and forward cows sold well, best cows £ll ss, others 210. 12s 6d, £ll 2s flil, lighter £9 9s and £9 lis, boners, otc. £3, £5 13s. At Eltham on Wednesday we held our yard sale. A fair entry was yarded and nearly all was cleared. Lambs brought 23s 4d, 6tooth wethers 30s 2d, 2 and 4-tooth do 31s, empty ewes 23s sd, fat cows £ll 15s, boners and others £4, £6, 20-nnonth steers £8 17s. 3-year do £6, weaner heifers £3 3s, mixed weaners £2 Ib, weaner Steers (good) £2 5s £2 12s. At Hawera yards on Thursday ye had a large yarding of stock, The dairy pens In particular being well filled. Competition was good and a satisfactory sale resulted. Quotations: 2-tooth ewes 30a, good lambs to 25s Id, others 21s to 235, 4-tooth ewes 325, best cows to £lO, others £4 to £7, weanor heifers to £4 17s. dairy cows, young £lB to £3O, old £5 to £l2. At Kaponga yards on Friday cattle came forward in fair numbers, and we report a good sale at late rates. At Waverley yards on Friday we held our usual fortnightly sale. We report a fair entry of sheep and cattle and practically all sold at the hammer. We quote: 4 and 6tooth wethers 32s Bd, B F. lambs 14s: cattle, empty heifers £5 10s, dairy cows to £l4, and dairy heifers to £ls ss. \ CLEARING SALES. On Monday at Te Rotl we held a clearing sale on account of Mr. Clias. Stewart. Bidding was lively throughout, the sale going with a good swing all the way. The herd of dairy cows averaged £l9; Jerseys, still In best demand, brought £29: implements and sundries brought full value; Waggon £72, drill £36. On Tuesday at Waverley m held a clearing sale account Messrs. Reardon Bros. We report a very satisfactory sale of both, stock and Implements. The herd of 70 cows averaged £l9 9s ltd, prices ranging from £l3 to £26; pigs sold at. ruling Tales, and implements and sundries brought full value. At Okalawa on Tuesday we held a clearing sale on account of Mr. Geo. Bryant. There was a lareo attendance of buyers and we report a brisk sale. The herd of 60 cows averaged £lB 18s, the best cows bringing up to £35 10s. Implements and furniture sold a' ruling rates. On Tuesday at Lepperton we held a clearing sale on account of Mr. .T. F. O. Passau Bidding was brisk throughout and we report a good sale. The herd averaged £lB, prices up to £29. Sundries, etc., sold at late rates. On account of Mr. Grlerson at Eltham yards we offered his dairy herd, and we report a satisfactory sale, dairy cows bringing £l2 to £2O 10s. At Auroa on Wednesday we held an auction sale on account of Messrs. Walker ana Nicholson, and we report a very successful sale. The cows brought from £lO to £26, the herd of 57 averaging £l9 Is 6d. dairy heifers £ls, three-quarter draught gelding £37, sundries, etc, sold well. At Hawera yards In conlunctlon with our usual fortnlghtlv sale we held a dairy sale on account of Mr. Nelson Gane, Inaha. Prices ranged up to £3O. At Eltham on Thursday we held a clearing sale on account of the executors of the V\te S. T)lck. Buyers were in attendance and bidding was brisk. The herd was In very gooi condition and averaged £24 8* 84. srlcei

ranging from £ls to £315. -Twenty-four dairy heifers aieraged £ls 17a 6d. Mr. Dick's herd showed tbat careful selection had been studied for years, and without exception every cow was the type of a milker. ■ On Friday, at Mokoia, \ve held a successful sale on account of Mr. H. W. James. Young dairy cows sold well, while old sorts were slightly neglected. Quotations: Young £l7 to £3O, old £lO to £l3, implements and sundries at late rates. At our Manilla yards, on Friday, we had a very good sale on account of Mr. James Hickey, Inaha. Mr. Hickey Is to he commended on the high-class herd he had got together? every cow being the type of a milker. Although practically all Shorthorns, the herd had an average of 301 lbs. of fat behind them for last season, a record which will probably take somo beating for tills breed In Taranaki. Several of the cows were showing some age, but despite this fart a great sale resulted, the herd averaging £24 4s. Thd top price for a Shorthorn was £42, the purchaser being Mr. Ed. Long. One-Jersey, brought £4l, the buyer being Mr. Ed Putt. Horses and sundries sold well.