COMMERCIAL.

Taranaki Daily News, 10 September 1921, Page 2

COMMERCIAL.

LONDON MARKETS. ■m . RUTTER VERY FLAT. By Telegraph.—Press Assn.—Copyright. London, September 8. Lead imports for August total 10,845 tons, of which 403 tons were Australian. Exports total 1982 tons. The butter market is very flat. Danish is quoted at 2405. It is expected that Government prices will be further reduced by about 20s, making it possible to retail New Zealand butter at about 2s 3d and Australian at 2s. Traders hope for better business on this basis, The cheese market is flat. New Zealan'd white lids to 112 s; colored 104 s. At the free wool sale both merinos and crossbreds were very firm, and there was strong competition from the Continent and Home buyers. Prices were fully maintained and practically all offered was sold. The Bradford market shows a little more activity, but spinners are still disinclined to follow the London advance. Sixty-fours on spot are quoted at 42d to 45d. October delivery 40d to 42d. Wheat.—Quiet, cargoes Ann. Flour.—Dull. Australian ex store 595. Oats. —Tending to be easier. New Zealand ex quay 45s to 50s. Beans.—Quiet. Peas.—Slow. Tasmanian blues ex store COOs to 6405, New Zealand 560 s to 600 s. Sugar.—Quiet and unchanged.

AUSTRALIAN MARKETS. Melbourne, September 9. Hides.—The market is firm. All well cared for and good conditioned hides advanced a farthing, Inferior lines unchanged. 1 Barley.—English, 4s lOd to ss; Cape, 3s 9d to 3s 10(1. Oats. —2s 6d to 2s 7d. Potatoes. — £3 10s to £5 ss. Onions.—£2 to £2 12s 6d. POULTRY MARKET. L. A. Nolan and Co. report:—Hens, 3s 6d to 5s 4d; cockerels 3s 3d to 4s 8d; turkeys 16s 6d to £1 2s; ducks, 3s 9d to 4s 9d; hen and ducklings, 15s. ADDINGTON STOCK MARKET. Christchurch, Sept. 7. At the Addington market to-day there •was a. large attendance. The yardings of fat sheep and cattle were big. Store sheep -were yarded in small numbers, but in otfier sections the penning.? were about the average,. Store Sheep.—The yarding was one.of thp smallest for a long time. The entry sisted chiefly of ewes and hoggets. 'Bidding was lifeless and sales were difficult to’ make'. Sound and failing-mouthed ewes and lambs realised 10s 3d; good half-bred failing-mouth-ed ewes, in lamb, 15s 6d, fair 4,6, and 8toothed ewes I4s 4d to 14s 6d, fail Ing-mouth-ed ewes, in lamb Ils 9d to 13s, wether fcoggests 6s 9d to 8s 4d, cull hoggets 3s 9d, forward 2 and 4-toothed wethers 14s fid, 4 and 6-toothed wethers 12s lOd.

Fat Sheep.—-About twelve full races were sent forward, mostly wethers. The ■ quality generally was good, with some really '-prime stuff. Bidding opened at sllghtlj’ lower rates than last week’s, and all round there was- ah easing in values of about Is per head. Fontfreezing buyers operated. Extra prime wethl era realised 23s 6d •to 28s Gd. lBs Rd to 22s 9d, medium 15s 9d to 18s, light and unfinished 14s to 15s 3d. prime ewes 13s to 14s 9d, light and unfinished 10s 9c) to 12s !»d, prime hoggets 143 9d to 20s Id, ordinary 9s 6d to 15s 6d.

Fat Cattle,—The quality all round was above the average. The sale opened moderately well, but the demand eased as it progressed, prices receding by 30s to 40s per head. Extra prime steers realised £24 15s, prime £l5 to £lB 7s 6d, medium £lO 10s to £l4 10s, light and unfinished £6 to £lO, extra prime heifers £l4 15s, prime £9 15s to £lO 10s, ordinary £5 to £9, prime cows £9 to .£l2 15s, ordinary cows £5 15s to £8 10s. Vealers.—‘Runners realised £7, good veaiers £3 10s to £5, medium £2 10s to £3?m, small *ES to £2 ss.

Store Cattle.—Four and five-year-old steers realised £5 12s Gd, eighteen-month old heifers £4, yearling steers 30s, cows in fair condition £2 12s 6d to £3 12s 6d.

Dairy Cattle.—Extra good second and. thirii calvers|£ls 10s to £24, ordinary third and fourth calvers £l5, springing heifers £9 10s, to £l5, extra good cows in milk (just calved), £ 13, aged and inferior cows and cows In milk 15s to £4 10s.

Fat Pigs.—Choppers realised £5 to £8 s|), light baconers £4 15s to £5 10s, heavy £6 to £7, extra heavy £7 12s 6d to £8 (average price per lb. 9d to 9&d), light porkers £2 18s to £3 10s, heavy £3 15s to £4 13s(average price per lb. 10%d). Store Pigs.—Best stores realised £2 15s to £3 5s 6d, medium £2 “5s to £2 12s, small; £1 10s to £2 3s, weaners 18s to £l4, sows in pig £5 to £7 15s.

BURNSIDE MARKET. Dunedin, Sept. 7. All dosses of fat stock were well represented at the Burnside sales to-day. Competition was practically confined to the butchering trade. Several buyers from outside districts were also present. Sheep sold readily at a little firmer prices, while for fat cattle values depreciated to the extent of 25s per head. Prime beef sold at an average of 40s ppr 1001 b. Prices on the whole are considerably lower than they were this time last year, and farmers who stocked up and paid high rates are now having a very hard time as they are compelled to sell their fat stock al. lower prices than those which they paid for them as stores.

Fat. Cattle.—A large yarding, numbering 201 head. The quality on the whole was mixed, although a number of the pens contained animals in prime condition. The sale for prime heavy weights opened under fair competition and values were about equal to last week’s rates, but quickly came back 25s per head. Prime bullocks realised from £T9 io £22, medium £l5 to £lB, light and unfinished sorts £lO upwards, prime heifers, From £l2 10s to £l4 10s, medium £9 10s to £ll 10s, light and aged from. £7 10s upwards. Sheep.—There was a good yarding of fair quality, numbering 2459 head. The sale opened under brisk competition and a firmer tendency was noticeable. It was also observed that butchers were not consistent in their idea of values, as some pens sold relatively dearer than others. Prices were practically equal to last week’s rates. Prime wether mutton sold at 3V£d per pound, and ewe mut-; ton at 3’4d per pound. Extra prime heavyweight wethers realised from 28s 6d to 30s 9d, prime 23s 3d to 27s 3d, medium 18s to 225, light and unfinished sorts from 15s upwards. Prime ewes realised from 17s to 19s, medium 14s to 16s, light and aged from 10s Gd upwards. The number of hoggets offered was 377. These were mostly small and inferior. A portion of the yarding was secured by graziers at low prices, the balance being taken up by butchers at prices ranging from 13s to 19s per head. Graziers’ lots sold at from 8s to 12s per head.

Lamb, if it may-, be so termed, was worth about 6d per- pound. Store Cattle.—A small yarding of about 100 head was offered, and with the exception of one or two z pens the yarding comprised young and backward conditioned animals. ThQ demand was very poor for the latter class, wbjle good three and four-year-old steers Ih forward condition sold up to £l2 2s per head.. Calves were unchanged.

About 50 head of dairy cows, from medium to pre-historic, received keen attention from buyers. *

Pigs.—A medium yarding, all classes being represented. The demand was good and small pigs sold exceptionally well. Large pigs realised values on a par with last week’s rates. Best baconers realised from B%d to 9d per pound, and best porkers from 9d to -'9%d.; Store Pigs.—-Bus! itores realised £2 15s! to £3 5s Gd, mediun £2 5s to £2 12s, • snjal) £1 108 to £2 3a, weaners 18s to £1 14s, sows In pig £5 to £7 15s.