COMMERCIAL.

Taranaki Daily News, 3 September 1921, Page 2

COMMERCIAL.

LONDON MARKETS. BUTTER AND CHEESE PRICES. By Telegraph.—Press Assn.—Copyright. London, Sept. I. Butter is flat, high prices checking demand. It is expected the Government will reduce Its price about 20s to-morrow. There were a few sales of free Australian at about 210 s to 2305. Cheese is dull, New Zealand is quoted at about 116 s to 120 s. Tallow.—Stock 6531 casks, imports 3008 casks, deliveries 5361 casks. At the free wool sales only 5291 bales were offered and practically all were sold. Merino, a small offering, was fully firm; crossbreds were keenly competed for by Home and Continental buyers at full opening rates. The New Zealand clip Tawhero brought top price average 7d. The Bradford quotations advanced in sympathy with London, but spinners are slow to follow. Spot quotation 64’s 42d, 60’s 36d, 56’s 25d, 50’S 21d, 46’s 14%d. Wheat.—Very quiet at late rates. Flour.—Little offering, slow demand and an easier tendency. Oats.—Quiet and unchanged. Beans. —Finin, occasionally dearer. Peas.--Dull. Sugar.—Quiet, granulated 57s 6d. AUSTRALIAN MARKETS. Melbourne, Sept. 2. Hides.—Kips, very firm; heavies and mediums a farthing advance, inferiors hard to quit. Barley.—English ss; Cape 3s 9d to 3s lOd. Oats.—2s 7d to 2s Bd. Potatoes.—£2 10s to £5 ss. Onions. —£3 to £3 10s.

FARMERS’ CO-OP. REPORT. The Farmers’ Co-operative Organisation Society of New Zealand Ltd., report as follows; On Wednesday at Eltham, we had a full yarding of cattle, tte prices of store stock were still low, but vendors in practically every instance were prepared to meet the market, consequently the bulk of the yarding changed hands. Young stock sold at prices slightly on advance of late rates, but dairy cows and heifers were not so keenly competed for. Quotations: Fat cows £5 10s to £7 ss, young sound cows £3 to £5, boners 10s to 20s, Hereford run cows 35s to 15s, yearling Jersey bulls £7 to £5, Jersey cross yearling heifers £5 10s to £6 10s, Shorthorn well done ditto to £4, others to £3 10s, yearling steers to 18s, best dairy heifers to £l6, others £9 upwards, best cows £l6 to £lB, old and late £7 upwards. On Thursday, 25th, at Hawora, we had a good yarding of sheep and cattle. Bidding in ti e. sheep' section was dull and dragging, but in the majority of cases the vendors met the market. Bidding was brighter In the store cattle, and prices were firm at late rates. Pigs were keenly competed for and prices showed an advance on previous sales. Quotations: Fat wethers 19s, forward wethers 15s, good wether hoggets 10s 6d, others 7s Id, fat cows £7 15s to £6, good sound young cows £3 to £5, store cows £1 to 30s, 3 : year steers to £5, 2-year heifers to £5 17s, Jersey yearling heifers £6 to £8 10s, small yearling heifers £2 5s to £2 14s, best dairj’ heifers £lB, others £9 upwards. On Friday at Waverley, we had a good entry of sheep and cattle. Bidding was dragging for steep, but cattle were a little brighter, empty aftd in-calf heifers being in demand, ewe hoggets made 14s, mixed sex hoggets Bs, fat black face do 15s to 16s, mixed sheep Bs, 3-year Hereford steers £4 Ss, fat cows to £6 10s, forward cows £3 to £4, store cows to 255, yearling steers IDS to 21s, yearling mixed heifers £3 IDs, small 30s, good young sound dairy cows to £l9, others £9 to £(|, Jersey in-calf heifers £l7 10s and £l3, others £9 to £l5, low conditioned sorts £6 upwards. Draught mares £42, £2O, £lO, spring carts £2l. A liirge quantity of implements brought full value.

BURNSJDE STOCK SALE. LARGE YABDINGS WEAKEN VALUES. Dunedin, August 31. There appears to be no scarcity of fat stock, as each department was well represented at Burnside to-day. The yarding of fat cattle was an exceptionally good one. The large supply of this class of stock caused values to be weaker. Sheep also were weaker in price, but pigs maintained late ruling rates.

Fat Cattle.— A large yarding, numbering 288 head, with no scarcity of good quality animals. On account of the large number sent forward, the sales opened slack, and values were fully 20s to 35s per head below those which ruled at last week’s sale. Prime beef was worth round about 44s per 1001 b, medium quality 33s to 365. Prime bullocks realised £lB 10s to £2l 10s, medium £l4 10s to £l7 10s, light and unfinished sorts from £9 10s upwards. Prime heifers realised from £l3 to £l5, medium £lO to £l2, light and aged from £7 10s upwards. Sheep.—A medium yarding, numbering 245 head of fair quality. Bidding was practically confined to butchers. Graziers showed little desire to secure supp Hes unless at very low rates. The demand was not very brisk, and the values realised showed a reduction of from is to is 6d per hejid, as compared with last week’s rates for good quality sheep, and from 2s to 2s 6d for medium and inferior sorts. Prime wether mutton was bought at 3%d per lb, and ewe mutton at a fraction less than 3’4d. Extra prime heavyweight wethers realised from 28s to 30s, prime 23s to 27s 3d, medium 18s Gd to 225, light and unfinished sorts from 14s upwards. Extra prime heavyweight ewes realised up to 245, prime 18s 3d to 21s, medium 15s to 17s, light, and aged from Ils upwards.

Store Cattle. —About 100 head were offered, among the number being some GO head of two and three-year-old Hereford steers in gOod condition. The demand was fair for this class, at values ranging from £5 to £6 4s per head. Competition for the balance of the yarding • was practically lifeless, and it was \ery difficult to effect sales. Hoggets.—A small yarding, numbering 195 head, but as bidding was restricted to the trade there was quite sufficient for requirements. There was a fair demand, and the whole yardings was quitted at prices ranging from 14s to 22s per head. Pigs.—A medium yarding was offered. Small pigs were eagerly competed for, and good prices were realised. There was also a keen demand for baeoners and porkers, and these sold well at up to late rates. Best baeoners realised 8d to 9d per lb, and best porkers from B%d to 9%d.

ADDINGTON STOCK MARKET. BEEF PRICES BETTER. Christchurch, August 31. At the Addington market to-day there were smaller yardings in all sections excepting tat sheep. Beef sold better, but mutton lost part of last week’s recovery. Store Sheep.—A very small yarding, with a slight improvement in values for ewes. Four, six and eight-tooth ewes in lamb 12s 7d to 15s Od, four and six-tooth ewes, in lamb 16s 9d, aged and failing-mouthed ewes 7s 8d to 10s sd, four and six-tooth wethers 14s Id, four-tooth wethers 12s 4d, two-tooth wethers Ils 3d, onixed-sex hoggets 7s lid to 9s 9d, ewe hoggets Bs.

Fat Sheep.—A big yarding, and prices eased by is 6d to 2s on last week's improved market. Extra prime, wethers 24s to 29s Gd, prime 19s to 23s 3d, medium 16s fid to 18s 9d, light and unfinished 13s lOd to LGs 3d, extra prime ewes 295, prime IGs 6d to 2fls fld, medium 14s to 16s Gd, light and unfinished 12s Gd to 13s 9d, prime hoggets IGs to 18s 3d, ordinary 9s to 15s. Fat Cattle.—A small yarding, and prices ns a result increased by about 30s to 35s per head, there being a total clearance. Extra prime steer,s £22 to £27, prime £IG 10s to £2O, medium £l2 to £l6, Inferior £8 7s Gd to £ll ss, extra prime heifers £l3 5s to £l5 15a. prime £ll to £l3, ordinary £. r

17s Cd to £lO ss, extra, prime, cows £l3 5s to £l5 10s, prime £lO to £l2 15s, ordinary £7 10s to £9 15s. Vealers.—A small entry and a keen demand for good calves. Runners £7 ss, good vealers £3 10s to £5, medium £2 10s to £3 ss, small 5s to £2 ss. Store Cattle. —A small entry and a. poor demand. Steers brought from £2 12s Gd to £3 12s Gd, and cows up to £3 2s Gd. Bulls made £ 1 2s Gd to £5. Dairy Cattle.—A big yarding and an active demand. Good second and third ealvers £2O 10s, ordinary £l4 10s, Inferior cows £4 10s, extra good first ealvers £2O, ordinary £8 10s to £l4, cows in mjlk £3 10s to £B. Fat Pigs.—A medium entry and a good demand. Prices advanced, croppers £5 to £B, light baeoners £4 15s to £5 10s, heavy £5 15s to £fi 10s, extra heavy £7 10s (average price per lb 9d), light porkers £3 5s to £3 15s, heavy £4 to £4 10s (average price per lb lOd to 10%d). Store Pigs.—A moderate entry, and prices showed a decided advance on the previous week! Medium stores £2 15s to £3 3s, small £1 18s to. £2 Bs, woaners £1 8s to £1 14s, sows in pig £5 10s to £B.