COMMERCIAL.

Taranaki Daily News, 21 December 1920, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright. London, Dec. 17. Hie wool sales closed with an offering of 12,000 bales of free wools, of which 5200 were Australian merinos, for which there was good competition and practically all • wwa cleared at about 15 per cent, above last free sale, bringing prices about on a par with the Government reserves. There waa good Home demand and more Continental orders both on German and Belgian account. Government tvools closed practically unchanged. From tl-e opening a total of 55,585 bales was offered, but three-quarters were not sold. Australian Honey.—Dull, market at 60s to (lis. Coltoo.—January, 10.88 d; June easier tendency. Hemp—Quiet DeremWr-Jebftliry, £52, Rubber.—Para 13% d, Plantation ll%d. Copra.—December-January £4O ss. Linseed Oil, £44.' Turpentine, 100s. PRICE OF SOUTH AFRICAN WHEAT. Capetown, Dec. 19. The wheat position Is causing anxiety to farmers owing to the elpected heavy surplus. A meeting of farmers resolved to urge ih? Government to provide storage and to advance reasonable sums against tbe security of the wheat at a low rate of Interest, ;n rslini'ose Import duties, also differential railway rates on imported wheat and !lour.— Reutei Service. WELLINGTON WOOL* SALES.

By Telegraph.—Press Association. Wellington, Dec. 20. The first Wellington wool sales since Ml 5 were held to-«!ay. Prices for the finer wools were better than anticipated. Some of the best bidding came from one or two buyers wlo were apparently executing commtosions for America. When lines other than fine crossbred! and half-breds were ofTered Interest flagged. Where Bradford was concerned coarse croasbreds sold badly. Superfine Romneys realised lid, and good crOßSbred hoggets brought Some fine Marlborough merinos were passed in at 18d per lb. Medium crossbreds met with irregular demand at r,Vad to 7'id. Coarse crossbreds, under 40's quality, were neglected, bids running from 4d to sd. Southdown was well competed for up to 13d.

The N.Z. Loan and Mercantile hare received the following telegram from their Wellington office in connection with the wool Bale held in Wellington yesterday: "Fair enquiry hnlf-breds; average prices, crossbreds, super, lOd to lid, fine light to 10& d, medium 5%d to 7%d, coarse 3 ! /4d to sd, Inferior seedy, 3d to 4(1: total 1138 bales sold." NEWTON KING. LTO.'a REPORT. At Douglas on 13ih December we repovt a full yarding and a good clearance. Lit' rates vv-rc maintained for yom p cattle, bur other dosses were Inclined to be easier. The bulk of [he offering eventually changed hands. Shorn ewes 22s Od, store cows £5 16a, £0 10a, £7; forward do. £7 ss, £7 15s; yearling steers, £3, £4; IS-month-steera, £4 2s 6d, £4 13s; 18-imonth do., £5; 15-month heifers £4 10s to £5 10s; 2yr empty heifera £6 10s, springing heifers, £7 10s, £10; heifer calved, £l4 ; dairy cows, £ 10. At Druti on 13th December a fair yarding of both Bleep and cattle came forward. Good enquiry accounted for practically everything being cleared. Sheep were much easier. Shorn wethers 27s Od, 2Ss; store cows, £0 10s; fat do., £lO 10s; yearling steers £3 10s; 15-month steers £4 0s; 2yr-old do. £7 2s; j 3yr-old steers £8 15s; 18-month heifers £8 2s 8d; Jersey do. £l3 15b; l«-month bulls £4 us, £5 ss, 2yr-old Shorthorn bulls, £0 155.

At Stratford on 14th lust., a fair'yarding met with a good enquiry throughout. A heavy offering of store cows ma'.ntained firm values, whilst young cattle also sold with a better tone. 'Pew dairy cattle came forward. On the whole little remained unsold. Light and aged store cows, £4 5s to £6, better sorts £7 to £B, forward cows £8 lis to £9 15s, fat do. £lO 7s 6d to £ll 7a Gd; 15-month heifers £4 153 to £5 (Is; 2year empty heifers £6 is to £7; 15-month Jersey heifers, £ls; In calf heifers, £C 17s 6d; 15-«nouth steers, £4 5s to £5; springing heifers £ll 10s to £l3 10s, Jersey do. £lB.

At Inglewood on 15th December the yarding was heavy, all classes of cattle being well represented. Fifteen to 18-montl:s sorts Wero In the majority, and the market fqr these showed a decidedly Improved tone. Two and a half year cattle changed little In values, whilst 3-year steers were neglected. Store cows maintained late rates. The offering of sheep was small and of poor quality. There was good enquiry in the dairy section, and everything sold. Dry ewes (shorn) lis 3d, shorn ewes and lambs 275, store cows £5 8s to £0 9s 6d, forward do £7 to £8 15s, fat cows £lO 10s, yearling heifera £3 12s to £l3 7s Od, empty heifers £5 8s Cd to £7 10s, 2-year-old do. £lO to £l2, yearllni steers £2 10s to £4 3s, 15month steers £4 18s to £5 4a, springing heifers £8 15s to £ll, choicer quality do. £l4 10s, £ls 10s; heliers calved £ll, dairy cows £l3 to £l4, choice do. £lB to £lB 10s. N.Z. LOAN & MERCANTILE REPORT,

The N.Z. Loan and Mercantile Agency Co.'s Hawra branch reports aa follows for tho week ending 18th December, 1920 ; •At Opunake on Monday there was only .1 small yarding, comprised chiefly of stores cows. These were not keenly sought after by the smill attendance, and imost of the yarding was yassjed in. Prices were: Springing heifers £7 5s to £ll 10s, yearling heifers £3 7s (Id, traMen Shorthorn bulls £B.

On Tuesday, at Manaia, we lud a very small yarding. Prices were at lata rales. At Palmer Road on Friday we also had a small yarding. The attendance mis small. and there was very little competition. We quote: Furward cows to £!), others at market value; bulls to £5. HAMILTON MARKET. The Farmers' Co-operative Auctioneering Co. report:— Beef.—The tendency Is downward, button: Short supply, and values firm. Fat lambs: Good figures have been realised. There seems little probability of export values ■reaching' anticipations. Store Cattle: The market tas somewhat revived. Store sheep: The enquiry Is fairly strong. We quote as follows:—Bullocks, heavy prime, £l7 to £2O 10s, medium £l4 to £l6 10s; cows, prime fat £l2 to £l4 10s, med:ura £IQ to £ll 10s; bullocks, 4-year-old £l3 to £l4; cows, fresh conditioned £7 to £8 ss, stores £5 to £6 10s; steers, 3-yoar-old £1) 10s to £ll ss, 2-year-old £6 to £7 10s, 2-year-old medium £5 to £6; heifers, 2-ycar-old best £7 to £7 15s, yearlings £4 10s to £6 ss; dairy cows, best £l2 to £lO 10s, do. backward £7 to £9 10s; heifers, Shorthorns 3yrs In calf £9 to £l2, heifers Shorthorns 2yrs in calf £7 to 10s; wethers, prime shorn 31s fid to 355, medium do. 30s to 31s; ewes, prime do. 28s to 33a; store wethers, shorn 4-tooth, 27s to 28s 6d. Pigs: Baconers £5 to £0 ss, porkers £4 to £5, weaners £1 5s to £2". Horses: Draughts l'e»vy £45 to £55, medium draughts £3O to £35, light draughts £2O to £25, harness | £lO to £2O, hacks £0 to £l2 10s.

At Hamilton on Thursday, 16th December, we had an average yarding of cattle and sheep, practically the whole of win: l . l waj d.spaaed of. Beef was In good supp-y, and sold undci steady competition at ..ist'week's values. Prime light, weight bullocks made £1(1 IDs, others £l4 2s 6d to £lO sr, heavy cows to £l4 15s, lighter weights £lO 5s to £l2 10s, sm.. I £7 17s Od to £0 10s, fresh conditioned cows were not so plentiful and sold from £6 10s to £9 5s according to size. Tliree-year steers were well competed for, am; realised up to £lO 10s; 2%-year steers £7 17s to £8 ss. No good 2-year steers were offered. Inferior Quality made up to £i:. 2year (dairy heifers, r.w.b., £7 10s; yearling empty to £5 10s, yearling steers up to £4 15s. The competition for sheep was brisk, and the wtole yarding was cleared. Shorn wethers up to 33s 6d, shorn ewes 275" fid to 3fls, fat lambs 23s to 25s 6d, Tigs were ensier, due to laelt of outside competition, which hr.r. been withdrawn until tfter the holld.-y-.. Enooners made to £5 7s 6d, porktia £2 10s to 84 si, weaneri 25» to £2 6i,

ADDINGTON MARKET. Chrlstchurch, Dec. 15. At Addington market to-day there were big .varoliiis of all classes of stock, and a general cosine in values In most sections. Lambs were the one exception. This class Is selling well in view of tbt Christmas season. Store Sheep.—A full yarding and a poor demand, except for good forward wethers. Forward 4 and 8-tooth wethers, 2"s to 29s lOd: fair 2-tootb wethers, 245; cull and Inferior 2tqnth wethers 12s lOd to 22s Id; Inferior 4 and 6-tooth ewes, 18s 10s; good ewes and .lambs, 17s 5d to 19s Id (all counted). Fat Lambs.—llso were penned, There was a keen demand. Extra prime lambs, 35a to 40s; prime lambs 32s to ;;4s 3d; med'um lambs, 28s to 31s 6d; light and Inferior, 21s to 275. Fat Sheep.—A big yarding. The market was weaker than last week, particularly for ewe and second-class mutton, and a fair proportion waa passed. Prime wethers (shorn) 38s 6d to 38s, medium wethers 29s 6d to 335, llffht and unfinished wethers 26s to 28s 9d, prime ewes 28s to 35s lOd, medium ewes 23s Od to 27s 6d; light and unfinished ewes 18s to 235. Fat Cattle.—A big yarding of 370 head. The market was irregular, btjf kept fairly up to last week's rates, vendors preferring to pass their stock rather than accepi much lower values. Extra prime steers £26 ss, prime steers £2O 10s to ft 24 10s," medium steers £ls ; 15s to £2O, light and unfleshed steers £8 12s 6d to £ls, prime sows £l4 to £IC 15s, ordinary cows £lO 15s to £l3 lfm, light and unflnlshed cows £8 5s to £lO prime heifers, £l2 to £l4 7s (id, medium heifers £lO 10s to £ll 17s Gd, light and unfinished heifers £0 17s fid to £9 15a, Dairy Cattle.—Good animals sold well, but otters were not In request. Fourth calvers, £2l ss; Frieslan-Jersey cross cow, £l9; medium cows, £9; Inferior, £6. Store Cattle.—A moderate yarding and 'a good sale for forward steers only. Four-year steers £l2 10s; three-year steers, £lO 12s 6d; good heifers, £8 2s 0d; cows, £7 10s. Fat Pigs.—A further slight easing In values occurred. Choppers £6 to £lO, light baconers £5 to £5 15s, heavy baconers £0 to £0 15s, extra heavy baconers £7 to '£7 10s (average price per lb 8 Mid); light porkers £3 los to £4 ss, heavy porkers £4 10s to £4 15s (average price per lb, lO&d). Stoi;c rigs.—A keener inquiry. Medium stores £3 5s to £4; .small stores £2 14s to £3 3s; weaners £1 5s to £1 18s.