COMMERCIAL.

Taranaki Daily News, 27 November 1920, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. By Telegraph.—Press Assn.—Copyright. Sydney, Nov. 26; Oats.—Tasmanlan, South Australian, Algerian feed 3s to 3s Id; milling 3s 3d to 3s 4d; white 4s to 4s 3d. Maize, 7s to 7s 9d; Queensland 7s 3d. Potatoes.—New, £9; Tasmianian old £l2; Victorian old £B. ■ Onions,—Victorian £l2 103 to £l3. Adelaide, Nov. 2C. Oats.—Nominal, growers lots new season's Is 9d. Melbourne, Ndv. 20. Hides.—Owing to competition first kips advanced a farthing to a half-penny, other sorts unaltered. Barley.—English 6s (id, Cape 5s 6d. Oats.—Practically no demand at 2s JOd to 2s lid. Potatoes, £B. . Onions, £9 to £lO. WAIRARAPA FARMERS' REPORT. The W'alrarapa Farmers' Co-op,. Assn., Ltd. (Stock Dept.), Pahiatua, report on their annual Spring Cattle Fair, held In the Mangahao yards, Pahiatua, on Monday, 22nd Inst, as foilcws: A full yarding of all classes of stock came forward, the number of the entry totalling just 011 2500 head. The Quality of the stock offered waß well up to previous sales, but most of the entry was in backward condition, which considerably affected the demand, especially in grown bullocks, only the best conditioned sorts being competed (or. Young cattle were not in demand, and, apart from the few pens of big bullocks enquired for, the bulk of the yarding was passed In unsold. We disposedof 400 head of our entry at (lie following prices:—lß fat bullocks from £IS to £l4 10s; 15 Hereford bullocks £l2 10s; 248 bullocks from £l4 to £7; 40 empty P.A. cows £9 15s; 8 P.A. cows £8 6s; 4 fat cows 'rani £ll 5s to £8 10s; 17 steers from £8 13s 6d_to £4 lis; 33 2yr steers £7, Addington market Christchurel", Nov. 24. At Addington market to-day an over-supply of beef, mutton and lamb was forward, which, with the depressed wool and hide conditions, Influenced lower values. Store sheep provided a fairly large entry, including Chathams and Marlborough sheep. Forward wethers were in demand, but ewes and lambs sold weakly. Woolly halfbred 4-tcioth wethers 36s 4(1, shorn 4 and 11-tootl" wethers 25s 3d, 29s lOd; Inferior ditto 2Gs 6d, Inferior shorn 4-tooth wethers 21s 7d, 22s Cd; dry 4 and titooth ewes 24s Bd, woolly wether hoggets 25s 10s, 265; sound-mouthed ewes and lambs 21s 4d, 235; aged ewes and lambs, 15s lOd, 19s 9d; shorn wether hoggets 20s 4d, 21s 9d; shorn ewe hoggets 24s 3d; small woolly ewe hoggets 24s 4d. About 800 fat lambs were penned, more than butchers would take, and there was a drop of about Gs per head. Extra frime lainbs 37s 3d; prune lambs 2'is, 325; medium lambs, 26s 28s 6d; lighter lambs, 20s, 24s fid. There was a big yarding of fat sheep. Values opened about 5s per head lower than last week, the skin position restraining competition. Woolly sheep were passed In, except a few lines. Extra prime 'horn wethers 50s; prime shorn wethets, 355, 42s 3d; medium shorn wethers, 30s, 34s Cd; llcht. and unfinished shorn wethers, 26s Cd, 29s Cd; extra prime shorn ewes, 445; prime shorn ewes, 31s 9d, 355; medium shorn ewes, 265, 31s; prime woolly ewes, 355, 38s; medium woolly ewes, 28s 6d, 34s 6d; light and unfinished woolly ewes, 26s 9d, 28s. The fat catt'e yarded totalled 342. There was a weaker demand and a drop of 30s per head on last week. Extra prime steers, £33 ss, prime steers, £24, £3O; medium steers. £IV! £23; light and unfinished, £9 2s Cd, £l3; prime heifers, £l6, £18; medium heifers, £l3 10s, £ls 15s; lighter heifers, £9 "3 6d, £l3 ss; extra prime cows, £2l' prime cows, £lO, £lll 12s; ordinary cows, £ll 10s, £ls ss. Prices for vealers were weaker. Prlmer3 £8 ss, good vealers £7 2s Cd, medium vealers £4 IGs, inferior calves 10s to 42s 6d. The entry of store cattle was of mixed quality. Two-and-a-half year steers £ll ss, la-month steers £5, 18-month heifers £6 15s, bulls £l3. There was a large entry of dairy cows, with only a moderate demand, Good cows £22 10s, heifers £lB, good sound calvers £lO, £2O. There was a large entry of tat pigs, mostly lighter sorts. Values for porkers fell away on recent rates. Choppers £B, £ll 16s; light baconers, £5 15s, 10s, heavy baconers, £7, £7 10s; extra heavy baconers £8 7s (average price per lb lid) light porkers £4, 4 10s; heavy porkers £4 12s Cd, £5 (average price per lb lid, I3d). Prices for store pigs were much easier. Best stores £4 Bs, medium £3, £3 18s; small stores, £1 15s, £2 10s; good weaners, £2 ss, £2 8s; sows and litters* £2O; sows In pig, £l3. BURNSIDE MARKET. Dunedin, Nov. :'4. ■There were again good yarding! of fat stock at Burnside to-day, and with the exception of lambs prices showed a weak"n i nj( tendency. There was a large yarding of fat cattle (206 head) of fair quality. The sale opened at prices about ]os per head below last week's rates. Prime bullocks realised from £2B 12s Cd to £27 2s Cd; medium, £lB 10s to £22 10s; light and unfinished sorts, £l4 10s upwards; prime heifers realised from £l6 to £l9; medium £l4 to £ls 15s • light and aged, £lO 10s upwards. A large yarding of store cattle was offered, but very few choice lots were forward. The demand was slack, resulting In a reduction In late rates, and a number of pens were passed unsold. There was a yarding of 2639 bead of sheep. Good quality, shorn and woolly sheep were about equal In numbers. The sale. opened under good competition at prices about Is per head below last week's rates, but as it progressed bidding became more slack, and a number of pens were passed in unsold. Prices receded still further, the sale closing without animation. Prime woolly wethers realised from 50s to 56s Cd. medium 44s to 50s, light and unfinished sorts 39s upwards. Prime woolly ewes realised from 41s 9d to 45s 9d; medium, 30s to 40s; light and aged from 325, Prime shorn wethers sold from 42s to 455, medium 30s to 41s 6d, light and unfinished sqrts from 32s upwards< Prime shorn ewes brought from 41s to 44s od, medium 35s to 395. light and aged 2Ss upwards. Spring lamba provided a good yarding of 89 of modium Quality, There was an excellent demand, and prices showed a firming of Is 6d per head on last week's rates. Values ranged from 21s 3d to 30s 6d per head. One of the largest yardings or pigs this season came forward. The bulk of the offering was comprised of baconers The demand for this class was not keen and values reoeded about 15s per head. Porkers did not suffer to the same extent. Prime baconers realised from lid to ll%d per lb and prime porkers from Is Id to is ntd per lb.

NEW ZEALAND MEAT IN NEW YORK. Messrs. R. Arlow and Co. Ltd., write 1 — "Following upon the Press Association's cabled message from New York dated Nov. 19. reporting arrivals of New Zealand meat, in New York, and anticipating that His will realise from 28 to 35 cents per lb. retail. As these values are so much in advance of other reports, and to remove any misapprehension which the New Zealand grower may have as to actual values of our meat in the States, we cabled to our New York representatives for information on the subject, and a reply has been received stating that the finest quality New Zealand lamb is realising twenty cents per lb. wholesale landed terms. For delivery in tile near future buyers are indicating only 18 cents. "011 to-day's conversion rate of 3.50 dollars to the £ sterling this Is equal to 12.34 pence per lb. on the market, The charges from New Zealand port to landing In New York equal per lb., hence the f.o.b. New Zealand value of tile best quality lamb Is just over B%d per lb. "It Is Impossible for any shipments of new season's meat to be 'made to New York for [some considerable time, hence any further rise in the exchange rate will' mean a diminution in the equivalent f.o.b. New Zealand values. In other words, every rise In exchange or ten points means three-tenths of a penny per lb. 1«*» "