COMMERCIAL.

Taranaki Daily News, 27 August 1921, Page 3

COMMERCIAL.

SOUTHERN MARKETS. FLOUR BUSINESS IMPROVES. By Telegraph.—Press Association. Christchurch, Last Night. An impetus has been given to flour milling recently. For some time jym t radii g in flour has been very dull, but now business has brightened up considerably. There are some enquiries for milling wheat, but none is available in the country. There Is also a good demand for mill by-products, such as bran and pollard. The market for fowl wheat has also improved considerably, and a number of sales have been effected at the top price allowed by the Government regulatio’ns. However, there does not seem to be much fowl wheat to offer. The improvement in the market for cowgrass and red and white clovers is main-, ■ ained. Prices have remained finin, but there tire prospects of another rise. Enquiries are being received from all over toe Dominion i for • cocksfoot, and a good deal of business in | this line is being transacted between nier- , ehants. Linseed remains firm from £l5 to i £l6 a ton.

AUCKLAND SHAREMARKET. Auckland, Last Night. ' Sales on the Stock Exchange to-duy were: 1 National Bank, £5 10s; National Insurance,' 635; N.ew Zeeland Insurance, 29s 3d; Soutn: British Insurance, 36s 3d; Auckland Gas (paid up), 245, contributing 255. LONDON MARKETS. Dy Telegraph.—Press Assn —Copyright. Received August 26, 5.5 p.m. London, August 25. Wheat.—The cargo market is firm, following an advance in America. The spot trade Is steady; Australian ex ship 755. Flour.—Quiet. Australian for shipment is 2s 6d easier. Barley.—Firm. Oats and beans, steadily held and unchanged. Peas.—Firm. Tasmanian blues 600 s to 700 s ux store; New Zealand 560* to 6205. Sugar, granulated 57s Gdl On the Bradford wool market ft firm tone is maintained; home trade quiet; G4’s 40d. Tho New Zealand Loan and Mercantile Agency Coimpany, Ltd.-, have received the following cablegram from their London house under date 24th instant:— New Zealand Butter.—No change in market. Laat quotation £l3 2s per cwt. Cheese.—£6 12s per cwt. Tallow.-—We quote, present, spot values for the following descriptions;—Fine mutton, £2 8s fid per cwt.; good beef, £ 2 8s fid per cwt.; mixed, £2 2s 9d per cwt. Good demand. Frozen Meat.—Mutton, 5%d .to B%d per lb. Lamb, Is i’4d per lb. Beef, hindquarters per lb., forequarters 3%d per lb. Market slow. ANTWERP WOOL SALE. BETTER PRICES THAN LONDON. Received August 2G, 9.15 p.m. Antwerp, August. 25. At. the opening of the wool sale 11,000 bales were offered and 10,900 sold. Competition was animated and prices 5 per cent, above the last London sale rates.—Aus.-N.Z, Cable Assn. HORSE FAIRS. During the past week tho Farmers’ Co-op-erative Organisation Society of Now Zealand, Ltd., conducted their usual series of spring horse fairs. At Opunake on Wednesday we had an entry of 120 horses of all descriptions. There was a largo attendance of buyers, especially the local farmers, who were in search of good, useful farm sorts. W.e hurt a particularly good sale, practically the whole of the entries changing hands at satisfactory prices. We also sold under spirited competition on account of Messrs. Hickey Bros., the Clydesdale stallion, “Gowan Brae” for 118 guineas, the purchaser being Mr. A. J. Cross, New Plymouth. This horse has proved himself a good sire, and finding hy his stock we feel sure he will be a good Investment to the buyer. Quotations: Good hefty young draught mares and geldings £4O to £46 10s, medium £25 to £35, aged qp to £l5, active plough horses and spring carters, young, from £25 to £3-1, medium sorts £l5 to £2O, hacks from £4 unwards, unbroken draughts from £2O to £3O.

At Inglewood on Thursday the quality of tho horses forwarded was very disappointing. Tho number of good horses forwarded were Insufficient to most the requiremeßta. Price*

were on about a par with ones at Opunake sale. At Hawera on Friday and Saturday wc had a total entry of 196 horses. There was spirited competition for good useful farm horses, and we had no difficulty in disposing of anything coming under this heading. The consignment on account of Messrs. Wilson and Buckley commanded special attention, and sold under keen competition, prices being as follows: Bay gelding £5O 10s, bay mare £47 10s, do. £43 10s, spring cart mare £3B, do. £37. Taking ail over the sale was mut satisfactory, prices being in the vendors fav.or. Good young draught mares and geldings £35 to £45. extra, heavy do. £52, medium £25 to £3O, otheru to £2O, good active spring carters and plough hors«.s £3O to £4O, medium £l5 to £2;\ best harness horses to £25, aged do. and hacks £4 to £lO, co’is and'ponies to £lO, 3 and 4-year-old unbroken draughts £25 to £37, 2-year do. £2O to £22 10s. INGLEWOOD CATTLE SALE. (From Our Own Correspondent.) With the advance of spring the cattle sales arc increasing in volume, and at. Newton □ng, Ltd.’s Inglewood yards on Wednesday, wjorc w&s » 'gvod muster, The trend of the

market showed very plainly that the importance of dairy production has made a firm Impression on the cattlo men—dealers,, fanners or graziers—and for female stock quotat.'oni are worth record, while for males the cur rent prices in almost all classes arc negligible quantities. At Inglewood on Wednesdaj poor quality heifer calves realised £1 3s t» . X’2 10s, better clans and Friesian cross fro'i * £4 to £4 9s, with Jersey strain up to £1 J 10s, steers from 12s to 24s fid, will i good quality 30s to 72s 6d. empty heifer- t< £fi 12s fid, bulls £7 .-s, springing cattle i.eifers from £7 10s to £l5, and cows Iren I £9 to £l9 10s, thair condition greatly in ’iuencinr the price in ait cases. The sneej ardod sold: Wethers for Mis, ewes aud itiinla 14s, and 2-tooth ewes In htmh o*.