COMMERCIAL.

Taranaki Daily News, 27 June 1921, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright. London, June 24, Wheat.—Quiet trade, cargoes firm. Parcels of free Australian are quoted at 77s c.1.f., Australian arrived ex quay 83s 3d, ex ship 81s Gd, Flour.—Quiet and firmly held. Oats and beans.—Steady and quiet. Peas.—Firm. Tasmanian blue ex store 340 s to 380 s; New Zealand 290 s to 300 s. Sugar continues to decline, granulated 58s. Butter.—Quiet business, prices unchanged. Cheese.—Firmer. New Zealand in good demand; white 104 s, colored 100 s to 102 s, Australian flat white 98s to 100 s, colored 94s to 965. Bradford wool quiet. Quotations unchanged. At the sheepskins sales there was good competition, and all offerings were sold at 10 per cent, above last sale. LONDON CHEESE MARKET. Wellington, June 25. Messrs. Wright, Stephenson and Co. have received a cable from their London branch stating that the cheese market is imuch firmer; white 104 s cwt., and colored 98s cwt. N.Z. LOAN AND MERCANTILE AGENCY CO. Tho New Zealand Loan and Mercantile Agency Company, Ltd., have received the tollowing cableg’fim from their London house under date 22nd instant:— Tallow.—Market slow. Butter.—No change in market for New Zealand. Cheese.—Fairly good demand. £4 19s per cwt. Frozen Mutton.—s%d to per lb. Frozen Lamb.—ls l%d per lb. Frozen Beef.—Hindquarters 5%d per lb, forequarters 3%d per lb. Market quiet. CANTERBURY MARKETS. Christchurch, June 24. Merchants, generally speaking, seem satisfied with the business doing in the past week. Business In oats, which was fairly brisk a little while back, is now easier. Most of what was sent Home was from what the stock merchants had on hand. It is considered that the prices that lately have been ruling at Horae are not too certain to continue, in consequence of which merchants are inclined to proceed cautiously. Very little trade was being done in chaff until recently. Some good parcels of grass seed have been disposed of. At present, however, the prices asked anpear to be a bit high for the demand, and because of this, buyers are taking up an indifferent attitude. Linseed, which was fetching high prices a little time ago, has' gone off again. Some was sold at £2O f.o.b. Sydney, as this was the only outlet for big lots of linseed. The trade in this line went off when orders from Australia ceased to come in. The present rate is from £l3 to £l5. A lot of potatoes have been sent to the North Island recently, as a result of which there has been quite a stir among local merchants. Farmers, however, are ndt offering much, preferring to hang on for a month or two. ,

FARMERS’ CO-OP. REPORT. The Farmers’ Co-operative Organisation Society of New Zealand Limited, Hawera, report for week ending June 18; We report having held a horse fair in our bazaar on Saturday tho 11th fast., altogether we had an entry of 140 horses, all told made up mostly of plough horses and light sorts. The number of heavy horses coming forward is very small, In fact heavy shutters are hard to be found. The city buyers were not present but the local talent was well represented and a good sale resulted, practically the whole entry finding fresh owners at satis-, factory prices. Unbroken draughts made from £25 to £35, spring carters £l5 to £2O, heavy draught mare £45, ditto £42, useful farm mares and geldings £25 to £32, good harness horses to £l5, aged horses and hacks £2 to £9. At Okaiawa ou Monday the 13th fast., we had a small entry. Forward cows made to £4 2s 6d, others £1 5s to £2 10s, bulls £2 to £4 2s 6d, mixed heifers 30s to 365, eighteen month steers £2. Ou the same day at Lepperton we conducted a clearing sale on account of Wills and Sons. There was a good attendance of buyers and the sale went with a good awing from start to finish. The cows made up to £29, the whole herd averaged £l7 17s, horses onade to £25, and implements etc. full market values. On Tuesday the 14th Inst., we had a clearing sale on account of Mrs. M. F. Johnston, Okaiawa. Only horses and Implements were sold, and for these satisfactory prices were obtained. Fully broken to lead £4O, gelding £37, coalt foal 20s, other implements and sundries full values. On Wednesday nt Eltham we had a fair yarding, prices were on a par with late rates, best cows made up tc £5 10s, others 25s to £2 10s, Jersey weaner heifers to £5 ss, mixed ditto to £2 ss. At Hawera on Thursday we had a good entry of sheep and cattle, mixed fa lamb ewes 10s lOd, fat ewes 15s to 16s, extra heavy to 18s Bd, best forward cows to £4 12s fid, others 5s to £2 10s, in calf heifers mixed, In medium condition £6 Is, others to £9, dairy cows to £l2, three and a-half year low conditioned steers £4 7s, two-year ditto poor sorts £2 7s, store pigs 275, slip 12s to 15s, wethers 14s fid to 16s 3d, cull lambs to 5s 7d. At Waverley on Friday we had a good entry of sheep and cattle. The sheep market showed a sharp rise and our whole entry found fresh owners. Dairy stock and weaners were also in demand, prices were as follows: 150 ewes In lamb to b.f. rams 19s 6d, 400 ewes in lamb to romney rams 14s 7d, ,381 ditto 13s (id, 63 small tWQ*t(g)/hs Ils,

springing heifers to £8 to £ll, Jersey weaner heifers small £4, bull £4 17s Cd, mixed weaners to £2 10s, empty heifers eighteen months £5 10s to £5. On account of Mr. Thos. Kendall of Whenuakura we sold his herd of twenty odd cows, best Jerseys made up to £2O, others to £l5, late sorts £8 IDs to £9 10s, the herd averaged £l4 3s.