COMMERCIAL.

Taranaki Daily News, 5 February 1921, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. By Telegraph.—Press Assn —Copyright. Melbourne, Feb. 4. Barley.—English, 4s to 4s 3d: Cape, 3s to 3s 3d. Oats.—2s 3d to 2s Potatoes. —£5 to £5 10s. Onions.—£4 10s to £5. PETROL PRICES. New York, Feb. 2. It is announced that the Standard Oil Company has reduced petrol one cent, per gallon, making the wholesale price 25% cents, and the retail price 30 cents in New York, 29 cents retail In Ohio.—Aus.-N.Z. Cable Assn. LONDON MARKETS. Received Feb. 4, 5.5 p.m. London, Feb. 3. Bradford wool rates slow a rather better tone all round. There is improved enquiry for merinos. Sixty-four’s quality are quoted at 4d; 56’s nt 32d; 46’s at 19d. The wheat market is quiet, and offerings are moderate. In flour good business is doing at a further reduction of Is. Barley is slow. Australian Chevalier is offering at 75s to 90s. Oats, peas,, and beans are quiet and unchanged. Sugar is unchanged.—Aus.-N.Z. Cablo Assn.

THE BURNSIDE MARKET. PRICES WELL MAINTAINED. Dunedin, Feb. 2. There were good yardlngs In all classes of fat stock at Burnside to-day, with the exception of pigs. Prices in most instances were well maintained, but sheep sale lacked spirit, and many pens were hard to dispose of towards the close. The pig sale was very satisfactory, prices being muck firmer than those ruling last week. The yarding of fat cattle included many animals of excellent quality, but towards the end these were hard to quit. The quality of lambs offered was also very good, and competition was very keen for lambs, freezing buyers operating freely. Fat Cattle. —A yarding numbering 214 head of good quality The sale opened with prices again a little lower than last week’s rates with a falling tendency towards the end of the day when cattle were hard to quit. Extra prime heavy weight bullocks brought up to £25, prime from £l9 to £23 10s, mediums £l6 10s to £lB 2s 6d, others from £l3, prime cows and heifers to £l4, medium from £ll 17s 6d to £l3, others from £B, Store Cattlev—A Urge yarding was offered, but very few pens Gf good cattle were forward. A number of young steers and heifers sold at very low rates, but prices for cattle in forward condition were equal to late rates. Sheep.—A yarding of 2695 head of good quality, but competition was slack, and reduced prices had to be accepted in order to effect sales. Extra prime heavy weight wethers realised up to 43s 9d, prime 34s 3d to 395, others 2Ss to 345. No extra prime heavy weight ewes were forward. Prime ewes realised up to 28s 6d, and others from 22s to 25s per head. Lambs.—A yarding of fair quality numbering 47’9 head. Competition was brisk, and prices were on a par. with last week’s rates. Prime lambs realised up to 31s 9d. medium 25s to 28s, light and unfinished sorts 20s. Pigs.—A small yarding consisting mostly of baconers. Competition was fairly keen, and prices were much flnmer than last week. Prime baconers realised up to £6 13s, and prime porkers up to £4 10s per head. ADDINGTON MARKET. A STRONG TONE. Christchurch, Feb. 2. There was a stronger tene In to-day’s mi»ket, due to pastures being much beneflte.l by the recent rains. There was an overflow yarding of store sheep, the bulk being lambs, including southern consignments. Tn spite of the big penning, lamb values, held up, but adult sheep were slow of sale. Forward lambs, 21s 9d, 26s Id; medium, 18s, 21s 6d; inferior, 14s 6d, 17s; cull lambs, 9s 9d, 13s: 4 and 6-tooth wethers, 21s 4d, 235: inferior ditto, 19s 9d. 20s 6d; fairly good 2-tooth wethers, 22s 6d; inferior ditto, 18s 7d, 19s 4d: good 4 and 6-tooth ewes, 26s Id, 28s; fairly good ditto. 22s 3d; sound and failing mouthed ewes, 14s, 18s 3d. Fat Lambs.—-The entry of 5256 was about the same ns last .week. There was a keen sale at . fully recent values. Extra prime lambs, 345, 36s 6d; prime lambs, 30s, 33s Bi; medium lambs, 26s 9d, 29s Cd; lighter lambs, 233 9d. 26s 3d. Fat Sheep.—-There was an average yarding of seven races. A firmer tone was displayed, values being about 2s per head better than last week’s low rates. Extra prime wethers, 36s 3d, 38s 9d; prime wethers, 31s 6d, 34s 9d: medium wethers, 27s 9d, 31s; light nnd inferior, 245, 275: extra prime ewes to 34s 9d; prime ewes. 28s 9d, 32s 3d; medium ewr-s, 255, 28s 9d; light and unfinished ewes, 22s lOd to 245. Fat Cattle. —There was a slightly smaller yarding and an improved demand, values being about £1 per head better. Extra prime steers, £24 to £26 7s 6d; prime steer.’, £2O to £23 10s; medium steers, £l4 15s to £l9 10s; light and unfinished steers, £9 5s to £l3 19s; prime cows, £8 to £’2 10s; extra prime heifers, £l7 17s Gd, to £l9 7s 6d; prime heifers, £l3 to £l5 10s; ordinary heifers, £9 10s to £l2 ss. There was a poor yarding of readers, both in quality and numbers, and a good demand. Dairy cattle were in keen demand for good sorts, which brought from £2O to £26 10s. Fat Pigs.—There was a smaller entry and better demand. Choppers, £5 10s to £8; light baconers, £4 5s to £4 15s; heavy, £5 7s 6d (average price per lb., 7d to 7%d/ ; porkers, £2 10s to £3 15 (average price par lb. 9d to lOd). Store Pigs.—A small entry and indifferent demand. Medium stores, £2 6s to £2 10s 6d; small, 30s to £2 3s; weaners, 14s to 28s.