COMMERCIAL.

Taranaki Daily News, 30 July 1921, Page 2

COMMERCIAL.

ADDINGTON STOCK MARKET, AN EASING OF PRICES. Christchurch, July 27. At the Addington market to-day there was an overflow yarding of fat sheep and a big ore of fat cattle, so that prices eased in betb sections. Store Sheep.—A big yarding, mostly of inferior quality. There was a fair demand. Good 2 and 4-tooth wethers realised 13s to 14s 9d, 4 and 6-tooth wethers 12s 5d to 14s, inferior 2 and 4-tootfc wethers Ils 7d to 12s 7d, good 4 and G-tooth ewes in lamb 20s to 24s Id, fair 4, 6 and 8-tooth ewes 18s (id to 19s 6d, inferior 13s to 16s, fairly good ewe hoggets 13s Id, forward hoggets Ils, medium hoggets 8s to 9s 9d.

Fat Sheep.—An overflow yarding. The market was irregular, but values were down on the average by 2s to 2s 6d per head. Extra prime wethers realised 26s 9d to 32s 9d, prime 18s 6d to 25s sd, medium 16s 3d to 18s 3d, light and unfinished 14s 9d to 16s, extra prime ewes 335. prime 16s 9d ’to 21s 6d, medium 14s to 16s 3d, light and unfinished Ils 5d to 13s 6d, prime hoggets 245, medium to good 16s 6d to 19s, ordinary 14s Id to 16s 3d.

Fat Catle.—A big yarding of medium, to good quality. Beef values were down about 20s per head compared with last week. Extra prime steers realised £23 to £26, prime £l4 to £l9, medium £lO 5s to £l3 ss, light and unfinished £7 17s 6d to £9 15s, extra prime heifers £l3 10s to £l5 10s, prime £9 15s to £ll Ils 6d, ordinary £G 10s to £9 10s, extra prime cows £l3 10s, prime £8 10s to £ll 2s 6d, ordinary £5 -15 s to £7 17s 6d. Store Cattle.—A fair sale. Four-year-old steers realised £9 15s to £lO 15s, 3-year steers £8 2s 6d, 2-year steers £4 Is to £5, aged and inferior cows £2, forward empty cows, £3 6s, yearling steers 38s, bulls £2 15s. Dairy Cattle.—A weak demand. Second and third calvers realised £8 to £l7 ss, heifers £8 to £l6, late springers £6 to £ll 10s, aged and inferior cows 20s to £4 10s.. Fat Pigs.—Values were maintained. Choppers realised £5 to £8 14s, light baconers £5 to £5 15s. heavy £6 to £7 15s (average price per lb, B%d), light porkers £3 10s to £4; heavy £4 5s to £4 15s (average price per lb, 9%d to 10%d). Store Pigs.—An improved market. Large stores brought £3 to £3 10s, medium £2 2s to £2 14s, small 25s to 355, weaners 20s to 235, sows in pig £7 ss.

LONDON MARKETS. HIGH COMMISSIONER’S CABLED REPORT. The Department of Agriculture has received the following cablegram, dated July 23, from the High Commissioner for New Zealand, London: — MEAT. Market shows no material alteration in price or conditions. Demand continues good for lamb and moderate for light-weight mutton Heavy-weight mutton and beef difficult to sell. Somewhat weaker tone for mutton owing to plentiful supplies second-class quality Argentine. Quotations are:—New Zealand mutton, light-weight:—July 23, Bd, B%d; July 15, 9d; July 9,8%, B%d. New Zealand mutton, heavy-weight:—July 23, Gd, G’/ld; July 15, 6d, 7%d; July 9, Gd, 7%d. NewZealand lamb, new season’s.—July 23, Is Id, Is 2d; July 15, Is Id, Is 2d; July 9, Is l%d. New Zealand beef, ox, first-class quality:— July 23, hinds 6d, fores 3’id; July 15, hinds Cd, fores 4d, 4%d; July 9, hinds 6d, fores 4d. New Zealand beef, inferior quality and cow, quotations nominal, to 4d per lb for sides, but few sales made. Chilled beef, m fair demand:—July 23. hinds lOd, lid, fores sd; July 15, hinds lid, fores sd; July 9, hinds lid, fores sd. Retail meat prices are as follow:—Mutton : July 23, Legs—English 2s Gd per lb, imported Is 5d per lb. Loins— English 2s 9d per lb, imported Is 2d per lb. Shoulders—English Is 3d per lb, imported Is 3d per lb. June 18: Legs—English 2s 7d per lb, Imported Is sd. Loins- English 2s' 9d per lb, imported Is per lb. Shoulders— English 2s 4d per lb, imported Is 3d per lb. < Lamb:—July 23: Legs—English 2s 9d per lb, imported Is 9%d per lb. Loins—English 2s lid per lb, imported Is per lb. Shoulders—English 2s 7d per lb, imported Is B%d per lb. June 18; Legs—English 2s lOd per lb, imported Is 9%d per lb. Loins—English 2s lid per lb, imported Is 9d. Shoulders

—English 2s 7d per lb, imported Is 8d per lb. Beef:—July 23: Sirloin—English 2s 4d per lb, imported Is 3d per lb. Ribs—English 2s 2d per lb. imported Is 3d per lb. Steak— English 3s 4d per lb, imported 2s per lb. June IS : Sirloin—English 2s 3d per lb, imported Is 3d per lb. Ribs—English 2s 2d per lb, imported Is 3d per lb. Steak—English 3s 3cl per lb, imported Is lid per lb. BUTTER. Drought continues to affect Home supplies and further .advance in price has taken place. Danish; Supplies have declined seriously. Julj? 23: 266 s to 270 s .per cwt.; 2s 4%d to 2s 5d per lb. July 15: 242 s to 244 s per cwt.; 2s 2d per lb. July 9: 214 s to 224 s per cwt; Is lid to 2s per lb. New Zealand:—First and second grade. July 23: 259 s to 262 s per ewt; 2s 3*4d to 2s 4d per lb. July 15; 221 s to 226 s per cwt; Is ll%d to 2s o%d per lb. July 9: 193 s to 200 s per cwt; Is B%d to Is (PAd per lb. Australian :—First and second grade. July 23: 239 s to 241 s per cwt; 2s Had to 2s l%d per lb. July 15:-201s to 204 s per cwt; Is 9%d to Is 9%d per lb. July 9: 172 s to 17Gs per cwt; Is 6%d to Is 6%d per lb. Free Australian, 220 s to 245 s per cwt, Is 11 %d to 2s 2%d per lb, according to grade. Argentine:—July 23: 217 s to 230 s per cwt.j Is lid to 2s o%d per lb. July 15: 172 s to 184 s per cwt; is to Is 7%d per lb. July 9: 130 s to 160 s per cwt; Is 2d to Is 5d per lb. Free Argentine, finest, 214 s to 224 s per cwt; Is lid to 2s per lb. Government ex store price!—July 22 to 28: New Zealand, 257 s per cwt, 2s 3%d per lh; Australian, 240 s per cwt, 2s l%d per lb; Argentine, 225 s per

cwt, 2s per lb. July 15 to 21: New Zealand, ditto; Australian, ditto; Argentine, ditto. July 8 to 14 : New Zealand, 220 s p.’i cwt., Is IlVad per lb; Australian, 200 s per cwt, Is 9’4d per lb; Argentine, 170 s to 185 s per ewt. Is to Is 7%d per lb. CHEESE. Market quieter. English supplies very short, and finest farmers' 145 s to 150 s per cwt. Is 3 J / 2 d to Is 4d per lb. Canadian—July 23: White, 130 s, 134 s per cwt, Is 2d, Is 2&d per lb. Colored, 130 s, 1.34 s per cwt, Is 2d, Is 2 1 Ad per lb. July 15: White, 128 s, 134 s per cwt. Is l%d. Is 2’4d per lb. Colored, 1265, 1.32 s per cwt, Is ls£d. Is 2d per lb. July 9: White, 118 s, 120 s per ewt, is o%d per lb. Colored, 114 s, 118 s per cwt. Is o!4d, Is o%d per lb. New Zealand—July 23: White, 1365, 138 s per cwt, Is 2%d per lb. Colored, 130 s, 132 s per cwt. Is 2d per lb. July 15: White, 1345, 136 s per cwt. Is 2%d per lb. Colored, 130 s, 134 s per cwt, Is 2d, Is 2’,4d per lb. July 9 : White, 118 s, 122 s per cwt, Is o%d, Is Id per lb. Colored, 116 s, 118 s per cwt, Is o%d tier lb. Australian—July 23: White, 128 s, 130 s per cwt, Is l%d per lb. Colored, 120 s, 128 s per cwt. Is o%d, Is l%d per lb. July 9: White, 116 s per cwt, Is o%d per lb. Colored, 112 s per cwt. Is per lb. HEMP. Manila in better request and market steadier. “J” grade, June-August to August-Octo-ber shipments, sold £35 10s per ton, which is seller’s present quotation. New Zealand market inactive and unchanged. Sellers quote high-points, spot, £4O 10s; July-September shipment, £35; fair, £35 and £32 10s per ton, respectively. Prices have tendency downwards. WOOL. Sale continues. At the beginning of this week New Zealand crosstfl-eds, part.iduL-i.rly medium and coarse, showed further decline, and withdrawals fairly numerous, principally among fautly and inferior sorts. Later better support forthcoming from Home trade, and with Continental buyers taking suitable lots, less withdrawals occurred, and price recovered part of ground lost. Merinos continue in active demand. This week’s B.A.W.R.A. offerings consisted Australian, merino, greasy 11,609 bales, scoured 2400 bales ; crossbreds, greasy 900 bales, scoured 700 bales. New Zealand crossbreds, greasy 2550 bales, scoured 1850 bales, slipe 950 bales, recon--300 bales. B.A.W.R.A. has decided

to reduce offerings next week by withdrawing description least in demand, but announces that limit will be strictly maintained. No alteration is to be made in free wool programme next week. TRADE OF SYDNEY. LOSS OF COPRA BUSINESS. By Telegraph.—Press Assn —Copyright. Sydney, July 28. At the annual meeting of the Chamber of Commerce It was stated that the Island copra trade had been lost to Sydney, and other trade was badly disorganised owing to the restrictive port regulations. The need for revision of the regulations was strongly urged. The chairman’s speech referred to the gravity of the situation arising out of the inflated public borrowing. He said that State control of industry was not contracting as speedily as tbose most wishful for the prosperity of the country could desire. He urged the need for better mail and cable commttnication and condemned the delay of the authorities in not pushing forward or allowing private companies to establish wireless communications. Sir Joseph Cook, referring to the financial position, said he hoped they might not have to impose further taxation, but there were certain things which had to be done. AUSTRALIAN MARKETS. Melbourne, July 29. Hides.—Market very firm at <>n advance of a half-penny all round except for kips. Barley.—English 4s 7d to 4s 8d; Cape 3s 8d to 3s 9d. Oats.—‘2s 8d to 2s B%d. Potatoes. —£3 10s to £5. Onions.—£3. WELLINGTON GAS COMPANY. MONEY REQUIRED SUBSCRIBED. By Telegraph.—Press Association. , Wellington, July 29. At a meeting of the directors of the Wellington Gas Company, Ltd., held to-day, it was decided to forthwith close tho applications for the debentures now under offer to the public, as tfie amount actually required by the company has been fully subscribed. This debenture issue has been before the public less than two weeks, and has proved a. great success.

POULTRY MARKET. SALES AT NEW PLYMOUTH. L. A. Nolan and Co.— A large penning and keen competition: Hens, laying, 4s 9d to 7s 6d; killers, 2s 6d to 4s 3d; pullets, 5s 9a to 8s 9d; cockerels, heavy, 4s 9d to 7s Gd; light, 2s to 4s 3d; ducks, 3s 6d to 6s 9d. Webster Bros.—Ducks 2s lOd to 4s 6d, ordinary hens 3s Gd to 4s, pullets 9s to 10s, cockerels 2s Gd to 4s 6d. THE PIG MARKET. At Newton Kjng, Ltd.’s, New Plymouth Haymarket yesterday weaner pigs realised 7s to 9s 6d, slips 18s to 225, stores 20s up to 335, sow £2 15s.