COMMERCIAL.

Taranaki Daily News, 28 May 1921, Page 2

COMMERCIAL.

ENGLISH PRODUCE MARKETS, BUTTER FIRM: CHEESE WEAKER. By Telegraph.—Press Assn. —Copyright. London, May 26. Bradford wool has a good tone, but the lack of coal is restricting business. 64's brought 41d; 56's 25d; and 40’s 21d. Wheat.—Quiet and firm; Australian on passage parcels sold at 74s 9d and 755. Flour.—Slow; Australian, which arrived per Fort Stephen, is selling at 63s 6d ex store. Barley.—Quiet; no Australian offering. Oats.—Firm. New Zealand, ex quay, 44s fid to 48s. Beans and Peas.—Quiet and rather easier. Sugar.—Unchanged. Butter—Firm. Danish about 2205. New Zealand is selling well at late prices. Australian is neglected. Cheese.—Weaker. White New Zealand 130 s; colored, slow at 140 s. Australian is in poor demand owing to inferior quality; colored is nominally about 1345.

AUSTRALIAN MARKETS. Melbourne, May 27. Hides.—All good conditioned lines advanced a half-penny, other classes unchanged. Barley.—English 4s to 4s 4%d,' Cape 3s to 3s fid. Oats.—2s fiy a d. Potatoes.—£4 to £5. Onions. —£210 s to £3 ss. AUSTRALIAN SCOURED WOOL. Melbourne, May 27. The Minister of Customs has announced that it has been decided 'to release fellmongered wool on Bawra conditions. This means that it is now exportable, provided the Minister is satisfied as to bona fldes. FUNDING ALLIED DEBTS. Washington, May 26. The Secretary of the Treasury, Mr. Mellon, has indicated that the funding of the Allied debts to the United States will take place within a year. ADDINGTON STOCK MARKET. AN IMPROVED SALE Christchurch, May 25. At the. Addington market to-day there was an improved sale in the principal sections. Fat and store sheep showed an advance, beef was firmer, and fat lamibs maintained late rates.

Store Sheep.—A bigger yarding, and a considerably healthier tone. Good forward lambs, 10s to 10s 6d; fair - wethers, 7s to 8s 9d ; small wethers, 5s 6d to 6s 9d; cull wethers, 2s 3d to ss; good ewes, 13s '2d; forward, 4, 6 and 8-tooth wethers, 15s 9d; ordinary, 4 and 6-tooth wethers, 12s to 13s 9d; 2 and 4tooth, Ils 6d to 14s 3d; good, 4, 6 and 8tooth ewes in lamb, 15s to 18s 3d; good twotooth ewes (coarse woo led), 16s fid. Fat lambs.—Values were practically the same as last week. Extra prime, 24s to 26s 3d; prime, 19s 6d to 22s 7d; medium, 16s Cd to 19s 3d; light, 12s to 16s. Fat Sheep.—A big yarding, and an improved sale. Freezers operated at up to 4d per lb for wether mutton. Extra prime wethers, 27s 2d; prime, 20s 9d to 255; medium, 18s to 20s 3d; inferior and light, 14s to 17s fid. Prime ewes, 17s fid to 20s 6d; medium, 14s 6d to 17s; inferior and light, 9s to 13s 9d. Fat Cattle.—The sale opened weakly, but improved later, and finished strongly. Prime steers, £l3 5s to £l5 10s; .medium, £9 15s to £l3; light, £6 15s .to £9. Prijne heifers, £7 17s fid to £lO 2s 6d; ordinary, £4 12s 6d to £7 10s. Prime cows, £7 to £l5 10s; ordinary, £4 10s to £fi 15s. Dairy Cattle.—A strong entry, and a slack demand. Good Shorthorn heifers, £2l; ordinary, £l2; good third and fourth calvers, £l5 10s; medium cows, £8 10s; inferior, 35s to £5. Store Cattle.—A small entry and a poor sale. Three-year steers brought £5 2s 6d. Fat Pigs.—Choppers, £6 10s; baconers, £4 10s to £6 (average price per lb. 7d to 7%d) ; porkers, 45s to 70s (average price per lb. 9d to 9%d). Store Pigs.—Medium stores, 32s to 40s; small stores, 18s to 30s; good weanere, 13s to 16s; small, 8s to 12s Cd. BURNSIDE STOCK SALE. PBICES FAIRLY WELL MAINTAINED.

Dunedin, May 25. An unusually large number of sheep and lambs were offered at the Burnside sales today, and considering the large supply prices were fairly wall aaintaihad. Fat cattle were

also in full supply, but the quality generally was not of a high standard. Pigs, being in short supply, met with a keen demand at enhanced prices. Fat Cattle.— A. large yarding, 22Q being penned. Prices started slightly higher than last week’s, but as the sale progressed, declined to last week’s parity. Medium and light cattle were down about 15s per head. Prime beef averaged about 32s per 1001 b, and cow beef 20s. Quotations: Extra prime heavyweight bullocks, £lB to £26; prime, from £l4 10s to £l7 12s 6d; medium, £ll 10s to £l3 2s fid; others, £8 upwards. Best cows and heifers, £l2; medium, £lO 2s 6d to £ll 10s; others, £6 2s 6d upwards. Store Cattle.—A medium yarding. There was a noticeable absence of well-bred sorts in forward condition. The demand was not keen, and the prices realised were practically on a par with last week’s rates. Sheep.—An exceptionally large yarding, numbering 4815 head. The quality was good, among those penned being a number of extra heavy-weight sheep. There was a fair demand for all classes, which sold at last week’s rates until about the end of the sale, when values for ewes receded by Is to Is Gd per head. Prime wether mutton was worth 3%d per lb, and ewe mutton under 3d. Freezing buyers did not compete so freely for heavy classes as they did for medium-weight sheep. Extra prime show sheep realised from 52s to 935; extra prime heavy-weight wethers from 28s 6d to 375; prime 22s to 275; medium, 17s to 21s; light and unfinished sorts from 14s upwards. Prime ewes realised from 18s 3d to 21s fid; medium, 14s to 17s; light and aged, from 7 s upwards. Lambs.—A large yarding of fair quality, numbering 3456 head. There was a good demand for all lambs suitable for export purposes, and were on a par with those which ruled at last week’s sale. Prime lamb was worth from 6d to 6%d per lb. Extra prime lambs, 27s 6d: prime, from 21s 6d to 255; medium, 15s to 17s 9d; inferior, lls upwards.

Pigs.—A small yarding, and all clades met with good competition. Suckers were dearer and the average advance for bacon pigs was equal to from 7s to 10s per bead. Values ranged from 8d to 9d per lb.