COMMERCIAL.
THE WOOL MARKET.
BAWRA CONDEMNED.
By Telegraph.—Press Assn.—Copyright. * London, April 28.
Interviewed by tho Australian Press representative regarding the cabled report that Mr. Hughes intends to legislate either giving Bawra complete control of the disposal of the wool output or may restrict wool exports to that sold in Australia, one of the biggest wool importers said it was vitally important to Australia to export its wool.
If shipment was restricted as suggested, the question ajAles, how long could Australia live on its xrwn fat? To give Bawr* the disposal of the whole clip would be fatal to the prospects of wool growing in Australia. Bawra had misWndled the whole business as the Government department previously did, when it missed the ehance of selling at a considerably higher figure than was now, obtainable. It was absolutely impossible to bolster up prices. If the wool was hrid up in consequence of an attempt to bolster prices, the position would be infinitely worse in six months’ time than to-day. People who proposed holding it up appeared to forget that wool kept on growing. The Wool Merchants’ Association Is strongly urging the directors of Bawra that it Is essential offerings of free wool in London shall be in proportion of not less than bale for bale of Bawra, otherwise the interests of Australian shippers to London will be seriously prejudiced, the realisation <of present stocks and future arrivals of free wool will be materially retarded, heavy additional charges incurred, and the difficulties of the financial position intensified.
TALLOW SALES.
London, April 27. Inquiries for tal’ow are improving, and the sales will be resumed next Wednesday.
DAIRY PRODUCE, ETC.
RETAIL PRICES. NEW PLYMOUTH.
C. d. Butter Creamery (pats) ....... 2 3 Registered dairy 2 0 Separator 1 11 Eggs 3s fid and 3s 9d Lard 1 8 Hams 1 Sides Bacon 1 2% Rashers Bacon 1 7 Rashers Ham 1 8 Milk (quart) 8
FRUIT.
Tomatoes 4d and 6d lb. Passlou Fruit 8 for Is. Apples (dessert) 6d Lemons 4 for Is. Bananas 6d Pears 6d Oranges—Californian Sunkist 4s doz. Island oranges 3s and 4s doz.
BUYING PRICES.
Butter— Registered dairy 1 9 Creamery (pats) 2 1 Eggs 3 0 Fungus 4 Flour—2001b sacks 48 0 1001 b bag 25 6 501 b bag 13, 0 251 b bag 6 11
HAMILTON STOCK MARKET.
The Farmers’ Co-operative Auctioneering Co. Ltd., Hamilton, report:—
Beef.—Owing to consignments reaching the Waikato from the South, beef has been fairly plentiful lately, but values lave nevertheless been wel) maintained. The quality of local supplies 5s noticeably deteriorating, aval an early rise In the value of prime quality may be looked for.
Mutton.—The market for mutton is steady at recent quotations. Supplies of mutton, also, have been coming in from Southern districts, but there is sufficient demand to absorb all that is offering. Store Cattle.—The improved tone indicated in our last report has not been of long duration, The store market seems more depressed than ever. Very few can recollect seeing values at such a low ebb as at present, and unfortunately there is no certainty that the lowest mark has been reached. Vendors seem at last to realise this, and are disposed to meet the market, which, though costly, is a hopeful sign. If we aptly the lessons learnt In other branches of production nothing is to be gained* by ordering a cessation of business whilst depression lasts.
Store Sheep.—Although sheep in store condition are somewhat easier, there is a strong tendency toward improvement in forward classes, and it looks as if good wethers might before long draw strong enquiry. No lines of eWes in lamb have yet appeared>nor is there much evidence of them being sought after. Store lambs have eased somewhat, although distribution amongst ths dairy farmers in small lots still proceeds.
Pigs.—The market for pigs is inclined to advance, due partly no doubt to the smaller yardings. Indications are towards further improvements.
We quote as follows:—Bullocks, heavy prime £ll to £l3 10s, medium £9 to £lO 10s; cows, heavy £8 to £lO, -medium £5 to £7, forward £2 15s to £4 10s; steers, 3%yr £6 10s to £7 10s, 2%yr £4 10s to £5 10s, 18-months £2 to £3 10s; heifers, 18-months £2 to £3; cows, store, 15s to £1 15s; heifers r.w.b., £6 10s to- £8 15s, 18-months £4 to £5 15s; calves, best iil 5s to £1 10s, medium 15s to £l, small 5s to 12s 6d; dairy cows, best, at profit £ll 10s to £l6 10s, second quality £6 10s to £9 10s; wethers, prime 18s to 235, medium 15s to 17s 6d; ewes, prime 15a to 18s 6d; wethers forward 4-tooth 13s fid to 15s, forward 2-tooth 10s to 12s 6d; wethers, store 10s to 13s; ewes, store 6s to 8s 6d; lambs (shorn) best, 7s fid to Ils, medium 5s to 7s; pigs, baconers £3 5s to £4 15s, porkers £1 10s to £2 10s, slips 16s to £1 Bs, weaners, 5s to 12s fid; horses, heavy draught £3,5 to £54, medium draught £2B to £35, light draught £2O to £25, harness horses £9 to £l7, hacks £5 to £lO.
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Taranaki Daily News, 29 April 1921, Page 2
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858COMMERCIAL. Taranaki Daily News, 29 April 1921, Page 2
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