COMMERCIAL.

Taranaki Daily News, 11 August 1921, Page 8

COMMERCIAL.

AUCKLAND SHAREMARKET. By Telegraph.—Press Association. Auckland, Last. Night. •Sales on the Stock Exchange to-day were: Bank of New Zealand, 48s 6d; New Zealand Insurance (ex dlr.), 295; South British Insurance, 36s 3d, 35s 6d, and 35s 3d; Auckland Gas (cont.), 22s 9d; Wellington Woollen (ord.) £8 7s Gd, pref. £7 7s Gd; Wilson's Cement, 15s, LONDON MARKETS. HIGH COMMISSIONER'S CABLED REPORT. The Department of Agriculture has received ti:e following cablegram, dated August 6, from the High Commissioner for New Zealand, London : MEAT. Market, remains very firm indeed for lamb, for which demand is good. Discharge from steamers slow, and all available stocks going into consumption. Mutton, position only fair, and price much about the same. Quotations are: N.Z. mutton, light-weight, August 6, B%d; July 30, 7%d, July 23, Bd, B%d. Heavy-weight, August 6, 6 J /jd; July 30, 5%d, 6%d; July 23, Gd, 6%d. Ewes, August 6, sd, 5%d. N.Z. lamb, August G, Is. Is 1 7-Sd; July 30, Is, Is 2d; July 23, Is Id, is 2d. N.Z. beef, trade slow, August 6, hinds sd, 7d, fores 3%d, 4%d; July 30, hinds sd, 7d, fores 4%d; July 23, hinds Gd, fores 3’4d. Argentine chilled, scarce at prices averaging: I August 6, hinds 9%d, fores 4%d; July 30, hinds 9d, 10%d. fores 4d, sd; July 23, hinds lOd, ltd, fores sd. BUTTER. Market remains quiet. Demand checked by l:igh prices, which, however, expected to be maintained for a long time to come. English: Very little available at from 250 s to 255 s per cwt. (2s 2%d to 2s 3’4d per lb). Danish: Easier. August G, 238 s to 262 s per cwt. (2s 3’Ld to 2s 4d per lb) ; July 30, 26hs to 2643 per cwt.; July 23, 26Gs to 270 s per cwt. (2s 4%d to 2s 5d per lb). New Zealand: First and second grade. August 6,259 s to 262 s per cwt. (2s 3%d to 2s 4d per lb.) ; July 30, ditto; July 23, ditto. Australian: Demand quieter. (1) First grade salted, (2) sailed first and second grade together, (3) unsalted first and second grade together. August 6 (1) 242 s to 244 s per cwt. (2s l%d to 2s 2 1 /*d per lb): (2) 239 s to 21Js per cwt. (2s l%d to 2s l%d per lb) ; (3) 244 s to \246s per cwt. (2s 2d to 2s 2’4d per. lb) ; July 30. (2) 236 s to 241 s per cwt. (2s l&d to 2s l%d per lb) ; July 23 (2) 239 s to 211 s per cwt. (2s 11yd tn 2s l’<d per lb). Argentine: August 6,2 Us to 228 s per cwt. (Is Hd to 2s O’-i-d per lb); July 30, 214 s to 228 s per cwt. (1? lid 1o 2s OJ&d per lb); July 23, 217 s to 230 s per cwt. (Is ll%tl to 2s o%d per lb). Free Argentine: August 6, 214 s to 224 s per ewt. (Is lid to 2s per lb); July 30, ditto; July 23, ditto. Government, ex store price: August 5 to 11, July 20 to August 4, and July 22 to 28, New Zealand, 257 s per cwt. (2s 3%d per lb) ; Australian, 210 s per cwt. (2s l%d per lb) ; Argentine, 225 s per cwt. (2s per lb). CHEESE. Market quiet but finm. English in short supply. Finest farmers, 145 s to 150 s per, cwt. (Is to Is 4d per lb). Canadian: White, 1325, 138 s per cwt. (Is 2d, Is 2%d per lb) ; colored, 1325, 136 s per cwt. (Is 2d, Is 2%d per lb) ; July 30, white, 1345, 136 s per cwt. (Is 2d, Is 2’f-d per lb) ; July 23, white, 130 s, 134 s per cwt. (Is 2d, Is 2’4d P«r lb) > colored, 130 s, 134 s per cwt. Xis 2d. Is 2>4d per lb). New Zealand: August 6, white 1325. 140 s per cwt. (Is 2d, Is 3d per lb) ; colored, 130 s, 136 s per cwt. (Is 2d, Is 2%d per lb) ; July 30, white. 1325, 13Gs per cwt. (Is 2d. Is 2%d per lb) ; colored, 1265. 132 s per cwt. (Is I’.yd, Is 2d per lb) ; July 23, white, 1365, 138 s per cwt. (is 2%d iier lb) ; colored, 130 s, 132 s per cwt. (Is 2d per lb). Australian: August <>. white, 128 s, 132 s per cwt. (Is l%d, Is 2d per lb) ; colored, ll'Js 6d, 126 s per cwt. (Is o’/ 2 d, Is l%d per lb) ; July 30, white 1245, 130 s per cwt. (Is l%d. Is 2d per lb) ; colored, 120 s, 124 s per cwt. (Is o%d, Is U4d per lb) ; 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). CASEIN." Sellers asking for offers. Nominal quotations are: French rennet £4O; Argentine, £5O per ton. HEMP. Manila market steady at previous quotations. "J” grade July-September shipment quoted at £3B 10s per ton, and sales have been made at this price for August-October shipments'. New Zealand market more active and fair business has been done at following , prices: Highpoints, August-October shipment, £35 ?0s; fair, July-September and AugustOctober shipments, £34 and £35 per ton. NEWTON KING LTD., REPORTS. At Douglas on August 1, a good yarding of cattle was met with spirited enquiry throughout, prices remaining firm in consequence. Yearling and dairy cattle made up the biggest portion of the offering and practically everything sold, yearling heifers 30s, better quality do £3 2s 6d, £3 13a 6d, Jersey do £5 12s, £6 Bs, springing heifers £9, dairy cows £lO. £lO 10s, £l2, backward cabers £7 15s, £B, £9. At Stony River on the same day we conducted a dispersal sale of Mr. F. R. Sole’s dairy herd. Although only a moderate attendance we report an excellent sale, the large herd of 70 cows, which were for the most juirt HolstelnS and Shorthorns, averaging £l5 15s. At Inglewood on the same day we conducted a dispersal sale of a contracting plant, stock, etc., on account of Mr. W. Thompson. Tl:e attendance was good, and we report a keenly contested sale throughout. The ‘ horses were a good lot and drew attention I from all parts of tho province, the 5 best selling from £4O to £55, others with age I Hold to £3O. The drays etc., were also largely sought after. Other quotations: Dairj ?cows up to £l6, and yearling heifers £2 15s. ; At Stony River on August 2. a crowded • yarding accounted 'to a certain extent for a j weakening in values, this being particularly jso for yearling classes. Enquiry was flrmi i and steady for empty heifers and these sold !on a par with late sales. Dairy entile were inclined to drag but prices were not affected to any great extent. On the day satisfactory business was done, in both the store and dairy sections. Store pigs 22s to 37s 6d, slips 14s, yearling steers IBs, 21s, 2-year steers £2 Ils, £2 15s, stere cows 17s Gd, 255. forward do £3 13s, fat cows £7 10s, yearling heifers 235, 255, 37s Gd, Jersey do £4 Us. empty heifers £3 12s 6d. £4 10s, in-calf do £4 15s, springing £lO 10s. £l4, £l5 10s, springing cows £7 IDs. £lO, £l4, i Jersey do £l5 10s, £l6 10s, £lB, £23 10s, cows in profit £ll. At Ol.au on 3rd inst., the bulk of the yarding consisted of dal»y heifers and on the whole a satisfactory sale was made. Enquiry was for the most part local and prices compared favorably with those ruling on Ihis side of the mountain. Store cattle, yearlings especially, sold very well, whilst a few sheep I’ame forward. 2 and 4-tooth wethers 12s Gd, } store cows 30s, 325, 18-montk steers 37s Gd, 2-year old do £2 12s 6d, forward steers £4 is jid, £5 16s, empty heifers £6, in-calf helfefß £5 17s Gd. £7 10s, springing do I £■.), £0 10s, £lO 12s, Jersey do £ll 2s Gd, j £l4 14s, dairy cows £9, £l2, 15. I At Waiwakaiho on August 4, a good yardt Ing of store and dairy cattle was practically 'uh cleared, prices bn the whole remaining i (.ii a par with late rates. Tho yarding of I dairy z’ftitle did not contain anything outI standing In the way of quality, but enquiry i was steady and good nevertheless. Store | rows 20s. 30s, 37s Gd. forward do £3 4s, | yearling heifers 225, 39s (id, £2 6s. Jersey 'jiV. £G 13s, empty heifers £3 17s Gd, £4 springing heifers £8 10s, Jersey do I £l6, springing <ows aged £B, £9, £9 10s, sons £ll 10s, £l2 10s, £l4 10s, | Jersey do £l6, £ll 10s, cows in profit £9 i to £ls '