COMMERCIAL.

Taranaki Daily News, 27 July 1921, Page 7

COMMERCIAL.

nOMINiON WOOL SALES. By Telegraph—Press Association Wellington, July 26. Wool sales in New Zealand are suspended pending the adjustment of a difficulty that has arisen between the wool buyers and the banks. The first sale affected is that at Dunedin, which was fixed originally for tomorrow, but, as advised on Saturday, has been postponed for the present. The trouble is understood to relate to bills of lading, and Is one of procedure rather than one of financial capacity. Representatives of the banks, brokers and shipping companies met Sir Francis Bell, Acting-Premier, this morning, to discuss the position, but tre deputation was taken in camera and the Press not admitted. The result has not been disclosed. NEWTON KING LTD- REPORTS. At Douglas on July 18, the market remained on a par with late levels, but competition was sufficiently keen to affect an almost complete clearance at the hammer In both the sheep and cattle sections. Yearling heifers if anything showed an advance, 2-tooth wethers 12s 6d, 4 and 6-tooth do 10s 8d 13s, lambs 8s 4d 9s 6d, inferior do Bs, eWes in lamb Ils 6d, yearling heifers 30s, better quality do £2 17s £3 3s, Jersey do £5 15s, yearling steers 21s 235, store cows 255, fat do £4 12s 6d, 20month steers £2 12s, in-calf heifers £8 ss. On the swme day we conducted a clearing sale at Warea on account oft Mr. G- G. Black. In spite of unfavorable weather conditions buyers attended in large numbers and we report a most successful sale. Bidding was brisk throughout, the herd of 50 cows, which were in splendid condition, making the highly satisfactory average of £lB Bs, yearling heifers made £3 10s to £6 Bs, yearling bulls £2 ss, store pigs 18s Gd. At Ngaero on the samo day we hold a clearing sale on account of Mr. A. M. Robertson, at which there was a strong attendance of buyers. The cows which Were a shade low in condition and a number backward sold well nevertheless, the herd averaging £l4, 2-year old springing heifers realised £9 to £l5. At Stony River on 19th tost., a full yarding of both sheep and cattle came forward. For both classes the market had a bright tone all of the former and practically the whole of z the latter changing hands. Yearling cattle, heifers especially strengthened in values considerably, otherwise late rates prevailed. A large offering of dairy cattle met with a good clearance. A good yarding of sheep was also submitted te a strong enquiry, the whole, offering being cleared at the hammer. Store pigs 225, weaner do 7s 6d, Ifumbs 14s, f.f.m. in lamb ewes 17a 9d, fat ewes 17s 2d, fat wethers 18s Id, yearling steers IDs to 23s Gd, yearling heifers 28s 325, better grown do £2 2s Gd £3 5s £3 10s. empty heifers £7, store cows 20s to £2, in-calf heifers £7 5s £9 £9 15s, springing heifers £lO 10s to £l4 15s, dairy cows £lO 5s to £l7 10s, pedigree Jersey cow 33 guineas. On the following day at Carrington Road wo conducted a clearing sale on account of Messrs. Gilbert Bros. The Implements, sundries and furniture, all of which were in first class order, sold well, whilst the cows, which were for the most part Holstein ar.d Shorthorns, only a fair sprinkling of Jersey,sold at full market rates throughout. The herd of 38 averaging £l3 15s. Other quotations: In-calf heifers (small) £7- 10s £9 10s, sows £2, draught mare £26, draught gelding £23, hack mare £5, mare, gig and harness £75 10s. At Waiwakaiho on July 21, a good yardtog of Fheep and largo one of cattle were offered, and a complete clearance effected. Sheep prices were a fraction easier compared with late sales whilst store cattle sold at late rates. A large number of dairy cattle were penned and for this class there was a steady demand, especially for good conditioned cattle cab- early 2-tooth ewes in lamb 8s 8s 7d, s.m. do 15s Bd, 2-->oth wethers 10s 3d, fat cows £5 5s £fi 2s 6d. swre cows 20s 23a 355, fresh conditioned do £2 15s £3 12s 6d, yearling heifers £2 Is £2 12s £3 ss, .Terser do £4 5s £5 Gs. 2-year dairy heifers (Jerseys) £l5 10s £l7, backward do £7 10s to £l2, cows in profit £ll 5s £l2 to £lO ss, dairy cows poor ar.d bnckut d £8 10s £9 10s, better quality do £l3 £l4 IGs, up to £25 fur Jerseys. On the same day at Tariki wo confine 4 1 a clearing sale on account, of Mr. C. Meuli. There was a very fair attendance and competition was comparatively good, the herd which included a number of backward calvers averaging £l5 10s. LOAN AND MERCANTILE REPORT. The Now Zealand Loan and Mercantile Agency Co., Ltd., Hawera branch, report as follows: — At. Opunake on 11th instant we had a good yarding of both storn and dairy cattle, ana practically the whole entry was disposed of at prices shown below. We quote: Good conditioned cows £2 2s to £3 7s, stores to 355, empty heifers £3 10s to £5» Jersey cross weaner heifers to £3 10s, other breeds £2 3s to £2 14s, steers 20s, springing he. fers £7 5s to £lO, cows (good) to £l6, medium ditto £lO U- £l2 ss, old and.-infer-. ior sorts £G 10s to £B. ’ On Monday at Kakaramea the good entry I advertised came forward. Bidding was fairly brisk throughout, and the majority of the j yarding solij under the. hammer. We quote: 1 Fat and forward cows £3 10s to £4 10s, others 15s to £2 7s 6d, Jersey weaner heifers' £5 17s to £6 Bs, Jersey cross £3 10s to £4 4s, others to 38s, steers 22s , 6d, In-calf tei-i fers £ll, sows £5, medium stores to 265. ! On Wednesday at Elthaun we had a good yarding of store cattle, and we quitted the : bulk of these at prices on a par with recent i sales. At the same time In the dairy pens we, conducted a very successful sale In con- 1 junction with Messrs. Newton King Ltd., on i account of Mr. T. H. Jenkins. The offering; consisted of about eighty heifers and twenty; cows, the majority were of good quality and condition, and commanded very spirited com- . petition throughout. We quote-. Springing heifers £9 10s to £2O, cows £lO to £2O. line of grade Jersey 2-year in-calf heifers £l4 15s, . At Hawera on Thursday we bad a good entry of sheep and store cattle, and in the dairy pens cattle were penned in large numbers. We quitted the majority of the entries before leaving the yards. We quote: 2tooth m.s. 13s 4d, woolly lambs Gs to Ids, fat ewes IGs lOd to 18s, store pigs 37s to, ! £2 Ils, fat cows to 37s Cd, maiden heifers i £3 78, weaner heifers. Holstein and Shorthorn £2 to £3, males 10s, springing heifers, Jersey £lB ss, others £7 to £l3, cows (medliwn) £lO to £l3, others at market value. On Friday at Waverley we had only a small entry. Forward owes Ils lOd, springing heifers (Jersey) £l6 ss, others £8 to £l4, steers. 26-month (poor conditions) 32s G-l. HAMILTON STOCK MARKET.

The Farmers’ Co-operative Auctioneering Company, Ltd., Hamilton, report:— ■' At Hamilton on Thursday July 21, wo had | an average yarding of all classes of stock. I Although a considerable clearance was e£ , fected the tone of the market lacked the : buoyancy of a few weeks ago. Fat. cattle | i drew little attention, steers making from £11! *to £l2. Very few prime quality were pen-1 ued, grown steers were in short supply, 2- ! year empty heifers were in fair quantity but I ; failed to maintain the substantial advance of • the previous week. The best of these sold, I reached £5 10s, smaller £4 5s to £4 155,; ! steers of the same age, good quality made to £4 10s, small £3 ss, yearlings, especl-i i ally heifers, drew fair competition, the best ■ of the hitter making from £2 14s to £3 2s ■ 6d, smaller sorts from 275, yearling steers j 1 reacted £2 2s 6<l, calves from 7s to 12s 6d. ; i The quality of the dairy section was mostly j ' inferior and sold at ruling rates, the best ' , cows offering, made to £l5, others £7 10s ito £ll. heifers from £7 10s to £9 15s. The] competition for fat sheep was dull and spiritless. resulting In many lots being passed. Wethers made from 21s 6d to 23s 6d, ewes 15s 6d, ewes in lamb to e.l. rams (very forward) reached £l, small backward from Bs, empty store ewes from 7a to 8s Gd, store lambs 9s 3d to 10s Bd. Pigs advanced on last week’s rates drawing strong competition for all classes, baconers made to £7 la, porkers made £2 15s to £4, slips £1 5s to £2, weaners from 16s. FARMERS’ CO-OP. REPORT. | The Farmers’ Co-operative Organisation , Society, report as follows for the week ending July 23 t

j At Okaiawa. on Monday, 11th inst., we had | A good entry Including a dairy herd of Mr. jD. Edwards. These cows showed but | were in good condition and met with a read?, I sale, at highly satisfactory prices. The best fetching up to £2l, others £lO to £l5, the average being £l5. On behalf of other vendors, Jersey in-calf heifers made £l6, best , fleshy cows £3 10s to £5 18s, others £1 to . 30s. On the same day we conducted a clearing sale on account of Mr. T. Baker, Lepperton. These cows were not in the best of condition, but despite this drawback they brought I good pricee, best cows bringing up to £l9, ; older sorts £lO upwards. Horses £3B 10s, and £2B. Implements and sundries full market value. On Tuesday 12th, in conjunction with the N.Z. Loan and Mercantile Co., and R. P. Morrissey and Co., we conducted the South Taranaki Jersey breeders' sale at the A. and P. Society’s Show Grounds, Hawera, full particulars have already been reported. On Wednesday at Mr. Robert Contes’, Eltham, there was not a large attedance of buyers. The cows mostly young lacked bloom, consequently bidding was not brisk, 1 best cows made to £lB, others £lO to £l4, late sorts £8 10s, 2-year heifers. Shorthorns made up to £7 2s Cd. i On the same day at Eltham we had a full yarding, and bidding was muah brighter. i Empty ewes 7s Id, store cows best to £2 17s Gd. others 10s to 30s, fat and forward ditto £4 10s to £6 12s, empty heifers £6 17s to £7 63, Jersey weaner heifers £5 7s, others 30b to £B, dairy cows £9 to £2O 10s. On Thursday at our Hawera sale we had a very large yarding of dairy stock and a good yarding of sheep and cattle. Hoggets 10s, j fat weaners 19s Gd, bush wethers 13s 7d, fat cows £7 12s, best forward £2 10s to £4 15s, others 15b to 30s, empty heifers £4 9s, Jersey weaner heifers (medium) to £5 10s, others £2 4s to £3 7s, weaner steers £1 3s, best dairy cows to £23 10s, good ditto £l3 to £l6, others including old and late calvers £5 to £lO, Jersey in-calf heifers £l2 5s to £1.5, other breeds early calvers £ll 10s to £l3 15s, later calvers £9 to £lO 10s, sows to farrow £2 to £3 10s, slips 28s. On the same day we had a highly satisfactory sale on account of Mr. Stewart Watkins, Kohi, Waverley. Mr. Watkins’ herd was well and favorably known in the Waverley district, consequently there was a large attedance of buyers and bidding was particularly keen. Best. Jersey cows made from £2O to £24, others £l4 to £l6, average £lB ss, empty Jersey heifers £7 16s to £9 I 2s, Shorthorn ditto £5 14s, grade Jersey i bulls 17 gns., in-calf heifers £lO to £l6 | 10s, late £7, 2-year Holstein £7. Implements and sundries, etc. at late rates. j On Friday at our Waverley sale we had a good entry and practically a total clearance was effected at late rates. Slips made from 23s to 325, draught mare £2B 10s, ewes, j mixed ages, in lamb to b.f. rams 16s to j 17s 9d, hoggets small Bs, small forward | wethers 14a 6d, full and failing ewes m iamb 8s 7d, f.m. ewes in lamb to Romney I rams 12s Id, bush 4 and 6-tooth wethers 12s lOd, fat and forward cows to £6 7s, fat bulI locks £l5, vealers 21*. fleshy cows to £3. j weaner heifers mixed colors £3, small ditto I 21s, steers 17s to 20s, dairy cows to £l7 ' Ifia, best heifers £l2 10s, others to £lO. • At Kaponga on the same day a fair yardj ing of cows and young stock, best cows to I £4, others £1 to 30s, best weaner Holstein heifers to £3 2s, others 35s to £2 10s, ~ weaner steers 20s. j On the same day Mr. Conrad Hitchcock had I a good sale at our Eltham yards, best cows Isold up to £25, goods sorts £l5 to £lB, | backward and old to £5, average £l3 17s i Gd, 20-month Shorthorn empty heifers £5 I On M°nday, the IRth, at Mrs. Sinclair’s, ; Kent Road, New Plymouth, we conducted a clearing sale of dairy cows and implements etc., the cows were mostly young but in low condition, consequently bidding was not brisk. ■ Jersey cows made up to £l9, the majority 1 of the remainder £lO to £l2, best Jersey • I heifers £2O 10s, others £8 to £l3. I On the same day we had a very successful I sale at Mr. N. P. Lawson's, Mangapu Road, Hawera, bidding was spirited and satisfactory ' prices were obtained. Best cows made up to : £25 10s, good £l3 to £l6 10s, old and late calvers £5 to £lO, horses Implements and sundries, full value. On Tuesday at Stratford we had 3. very good yarding. Env>ty and weaner heifers 1 were in demand and prices showed an upward ; tendency, and other stock sold at late rates. ! On Wednesday at Inglewood we had a good 1 entry and despite the rough day, satisfactory prices were obtained. Jersey weaners showed an improvement. Quotations: Mixed heifer ‘ weaners £2 10s, Jersey weaners £5 12s Gd to £7 4s, 20-month empty heifers £4 12s fid to £5 10s, store cows 30s to £3, 2-year Holstein In-calf heifers £6 Is, Jersey springing heifers up to £l3, cows from £7 up to £l5. On the same day we had a good sale nt ' Mr. D. R. Walker’s, Ohangai. the cows showed a fair amount of ago, but brought good value. Best cows £l7 to £l9 10s, good cows £l3 to £l5, fair sorts £7 10s to . £ll, backward cows £5, horses £3O, the herd averaged £l2 12s. On Thursday we conducted a very satisfactory clearing sale on account of Mr. Arthur Kemp, Te Popo. There was a good muster of buyers and tha sale went with a swing from start to finish. Best cows made up to £2l, others £l3 to £l5, later sorts £9 to £lO, weaner heifers £4 6s, others , £2 10s to £3, steers 17s 6d to 20s, horses' I £2B, £32, and £2l. Waggon cart, etc., I . full values. On Friday we held a sale at Tayforth on account of Mr. G. V. Parkes, as follows: j Best dairy cows made up to £l7 10s to £2Ol 10s, good cows £l3 to £l5 10s, very baekl ward £5 10s, empty cows £2 5s to £2 10s i | the herd averaged £l3 13s. i On the sarnie day we conducted a success-1 J ful sale on behalf of Mr. L. Palfrey, Auroa,. the attendance of buyers was good conse- • quently bidding was brisk, we quote first | class cows £l5 to £l9, inferior sorts £8 to ■ j £l3 10s, backward cows £2 to £3 10s, the ' herd averaged £l4 19s, store pigs £1 9s to J £1 Us, sow and litter £3 15s, sow in pig ' £4, boars 15s. At the same sale on account , of another vendor w6 disposed of dairy heii fers as follows: Very forward heifers £ll ■ 10s to £l4, forward heifers £8 10s to £lO 15s, backward sorts £4 10s to £6 ss. INGLEWOOD SALE. The weather In Inglewood on Saturday was, to put it very mildly, mast uninviting, bur. for all that there was a large gathering at Newton King Ltd.’s mart, and a very fair sale was aecompli’hed. Pigs were present in good 'numbers and price* for them well main- ■ tained. Weaners sold at from 18s to 21s, | slips 25s to 335, sow in pig £3 5s