COMMERCIAL.

Taranaki Daily News, 24 July 1920, Page 2

COMMERCIAL.

ALDINGTON STOCK MARKEKT. By Telegraph.—Press Association. Clirlstctmrch, July 21. At the Addington market there was a bigger yarding of all classes of stock to-day, and a slight easing In values. Store sheep, in quality and numbers, showed an Improvement on last week. The demand commenced weaker than last week, but improved as the sale progressed. Wether hoggets 20s to 265, ewe hoggets 27s to 31s 3d, mixed sex hoggets 26s 6d to 275, cull hoggets 15s 9d, tivotooth wethers '2Bs Gd to 31s, two and foUrtooth wethers 27s 6d to Sis, two and fourtooth wethers 27s 6d to 37s 9d, two, four, six, and eight-tooth ewes in lamb to 37s 9(1, two-tooth ewes in lamb to 38s Cd, sound and failing-mouth ewes in lamb 23s 6d to 30s 3d, inferior and failing-mouth ewes 16s 9d, Fat Sheep—The strong values of last sale were not maintained, there being a decline of about 4s a head. Extra prime wethers 56s to 70s 6d, prime wethers 4Ss to 55s 6d, medium wethers 41s 6d to 46s Od, lighter wethers 37s to 41s, prime ewes 42s 6d to 51s, medium ewes 34s to 40s 6d, prime wethers 48s to 55s 6(1, medium wethers 41s 6d to 46s (Id, lighter wethers 37s to 41s, prime ewes 42s 6d to 51s, medium ewes 34s to 40s 6d, light and unfinished ewes 23s 9d to 32s 6d, prime hoggets 32s to 365, lighter hoggets 23s 6d to 26a Bd. ' Fat Cattle.—The yarding ificluded some very prime steers, and the values of recent sales were well maintained; Extra prime steers £37 to £39, prime steers £22 10s to £3l 10s, medium steers £l6 to £2l ss, lighter £ll 10s to £ls, extra prime heifers £2l 10s, prime heifers £l4 to £l7 12s Cd, medium heifers £8 15s to £l3 ss, extra prime cows £2O 2s 6d, prime cows £l4 2s to £l7 12s 6d, ordinary £8 15s to £l3 10s. Vealers were in brisk demand, runners to £9 2s fid, good vealers £6 17s Od, and medium £4.

Dairy Cov.s—There was a good demand for spring cows and heifers. Third calvers from £l4 to £2O, fourth calvers £l2 10s, sprlhgIng heifers £ll 10b, good cows £ls 12s 6d. Store Cattle.—There was a larger entry of better quality, and a good demand. Three-year-old steers to £ll, 3-year lieifers (in calf) £l2 17s 6d, 18-month heifers £3 15s to £5 14s, 18-month to 2-year heifers £5 10s to £7. Fat pigs were In good demand.

CANTERBURV PRODUCE MARKET. Chrlstchurch, July 20. The oat market has a steadier feeling after the spasmodic ''bump" of last week. As a result either of a "bear" from Auckland or legitimate misgivings as to tlio future several weak sellers have materialised, and one firm sold rather heavily at prices from Od to Gd below ruling quotations. Two other holders followed suit in smaller quantities, but the movement quickly stopped, and the opinion of the majority of the merchants who are holding firmly is that, there was nothing to warrant the sudden agitation of the market. The suggestion of a "bearing" of the market is supported by the fact that practically all the heavy offerings made were "subject to confirmation," and the/ business in most cases, went no further. It Is known that northern merchants have sold heavily forward at rates that will entail a loss on current quotations If delivery is to be enforced, and the feeling is that enforcement is necessary to stop these periodical flutterlngs. In the meantime merchants are "sitting tight," neither buying nor selling, and In tho absence of business quotations are to an extent nominal, particularly in regard to business with growers, whose holdings are now very smaU. The potato position Temains unaltered, and it is reported that considerable quantities of onions have gone to waste In the vicinity of Christchurch.