COMMERCIAL

Taranaki Daily News, 17 September 1921, Page 2

COMMERCIAL

LONDON MARKETS. GOOD WOOL REPORTS. BUTTER AND CHEESE PRICES. By Telegraph.—Press Association. London, Sept. 15. Wheat.—Cargoes are steadily held owing to the strength of America, but business is small. Australian ex quay is quoted at 74s 3d. Flour.—-Steady. Australian ex store 27s 3d. Oats.—Quiet. New Zealand ex quay 43s and 455. Beans and Peas. —Slow at late rates. 1 Sugar.—Granulated 56s 6d. The wool sales closed very firm. There were mixed catalogues. The series throughout. has been marked by the old time competition and keenness in bidding. Continental buyers have taken a leading part, especially for merinos and finer crossbreds, with the Home trade competing strongly, especially in the last few days. The tone throughout is confident and at times buoyant. Merinos maintained the opening advance with, a hardening tone this week. Greasies closed 10 to 15 per cent, above July rates; pieces, bellies and faultles are showing an appreciation; scoured 10 per cent. up. The strength of crossbreds has developed throughout. The finer grades closed 15 to 20 per cent. up. Medium and coarser met with wider competition, prices increasing 10 to 15 per cent.; slips 10 per cent.; lambs wool is scarce, especially the better sorts, for which there is a strong demand and a 10 per cent, advance. The catalogue contained 140,710 bales, and practically all was sold. Bradford is active, and quotations are hardening. The butter market is very slow, and Government prices have been reduced further. Australian ss; New Zealand 4s.

The chesee market is dull; New Zealand, white 108 s, colored 100 s and 104 s.

AUSTRALIAN MARKETS. Melbourne, Sept. 16. Barley.—English, 4s 9d; Cape, 3s 9d to 3s lOd. Oats.—2s 7d. Potatoes.—£3 10s to £5. Onions.—£2 to £2 10s. MELBOURNE WOOL SALES. Melbourne, Sept. 16. Tl:e final wool auction of the September series found competition keen and animated. Prices were practically on a par with, the highest rates during the season. THE POULTRY MARKEY, SALE AT NEW PLYMOUTH. The following prices ruled at Messrs. L. A. Nolan and Co.'s poultry sale yesterday: Chickens, 7d and 8d each; pullets, 5s 6d; hens, 3s 3d to 5s 6d; hens (broody), 6s io 14s; cockerels, 3s 9d to 6s 6d; ducklings, Is 3d to Is 7d; ducks. 3s 9d to 4s 9d. PRICES FOR PIGS. Weaner pigs made up to 17s at Newton King, Ltd.’s, New Plymouth haymarket yesterday, slips 22s Gd, stores £2 10s, baconers £3 4s, heifer calves 235. FAT STOCK MARKET. PRICES AT WESTFIELD. There was improved demand for beef, which was penned in smaller numbers than usual, at the Westfield fat stock market on Wednesday, and generally values were firmer by from 2s to 3s per 1001 b. Last week’s prices represented a drop of from £2 to £2 10s per head in cattle, so that Wednesday’s prices showed an Improvement of from 16s to 24s per head. Extra choice ox sold to £ 1 12s per 1001 b.; choice and prime, from £1 5s to £1 10s; ordinary and plain, £1 Is to £1 8s; rough beef, 10s to 13s. Cow and heifer beef realised from 14s to £1 9s. Last week extra choice ox brought £1 10s per 1001 b.; choice and prime, £1 4s to £1 9s; ordinary and plain, 19s to £1 2s; and rough beef, 8s to 12s. Cow and heifer beef realised from 15s to £ 1 ss. Sheep came forward in extra large numbers, being mostly of a good quality. There was a falling off in demand, and values for all classes receded 2s to 3s a head. Heavy prime wethers brought from £1 0s 9d to £1 4s, others fetching from 13s 6d to £1 0s 6d. Ewes realised from 12s to 18s, and hoggets from 9s to £1 3s 9d. There was good demand for pigs. Choppers and bacon pigs realised from £5 to £6 12s.

BURNSIDE STOCK MARKET. Dunedin, Sept. 14. Sheep and cattle were in full supply at the Burnside sales to-day, and both classes were of good quality. Prices were a good deal easier. Pigs were only In moderate supply. and sold readily at current prices. Fat Cattle.—A large yarding of fair quality, numbering 124 head. The sale opened at prices slightly easier than those which ruled at last week’s sale, and owing to the large supply the easing tendency became -more pronounced as the sale advanced. The decline w r as 15s to 20s per head compared with last week, which is a reduction in values of from

50s to 75s per head in three sales. Prime ox beef was worth on the average 37s per 1091 b, medium 21s to 30s. Prime bullocks realised from £lB to £2l, medium £l4 10s to £l7; light and unfinished sorts, from £9 10s upwards. Prime heifers realised £l3 to £l4 15s, medium £9 10s to £l2, light, and aged £7 upwards.

Sheep.—A large yarding, numbering 3200 head. The quality was much above the average. The demand was confined to the trade, together with a small number of outside buyers. Lower prices, prevailed generally. Prime heavy-weight wethers were 2s per head less, while light-weight sheep were Is per head below last week's ruling rates. Prime wether mutton was worth 3 J 4d per lb; ewe mutton 3d. Extra prime heavy-weight wethers realised from 26s 6d to 27s 3d, prime 22s to 25s 9d, medium 17s Gd to 21s, light and unfinished sorts from 15s upwards. Only a small number of ewes were offered. Prime ewes realised from 16s 6d to 18s 3d; medium 13s 6d to 15s 6d, light and aged, from Ils upwards. There were a few pens of hoggets of medium quality. These were sold at values ranging from 11s to 18s 3d per heaCT.

Store Cattle. —About 150 head were offered, the quality being mixed. Young and backward cattle met with a poor demand, while forward three and four-year-old steers of good breeding and color sold fairly well nt prices ranging from £9 7s to £lO per head. Good, young cows, in full milk or coming near to profit, were eagerly competed for, and high prices were realised. Tigs.—A medium yarding, composed of various sorts. All were sold under keen competition. Prices on the whole were a fraction dearer than last week. Best baconers realised from 8d to 9d per lb, and best porkers from B%d to 9d per lb.

ADDINGTON STOCK MARKET. Christchurch, Sept. 14. The yardings at to-day's Addington market were again large, and there was slight lowering of both beef and mutton values. There was no freezing competition for mutton. Store Sheep.—A small yarding, and slightly improved competition, there being a better clearance than for some sales. Forward 4 and 6-tooth wethers 15s 6d; two-tooti? wethers 10s to 10s 6d, cull two-tooth wethers 9s, fourtooth halfbred wethers Ils 6d, mixed sex hoggets 5s lOd to 9s Id, wether hoggets 6s to 8s 7d, cull hoggets 4s, four, six, and eighttooth ewes, in lamb 13s 9d to 15s 3d, failingmouthed ewes, with lambs Gs to 7s (all counted). Fat Sheep.—There was an over-supply. Values were is to Is 6d easier, and a good l

proportion of tl:e wethers sold at 3d per lb. Extra prime wethers 22s 6d - to 25s 6d, prime 17s 9d to 21s 6d, medium 15s 6d to 17s Gd, light and unfinished 13s to 15s 3d, prime ewes 15s to 225, <ni2dium 12s 9d to 14s 9d, inferior fls 6d to 12s 3d, prime hoggets 14s 6d to 245, ordinary 9s 6d to 14s 3d.

Spring Lambs.—Sixty were. sent forward, and sold at from 20s to 335.

Fat Cattle.—The quality was not so good as recently. The market opened at last week’s rates, but fell away towards the close, values being down from 15s to 20s per head for secondary beef. Extra prime steers £lB 15s to £2l, prime £l4 10s to £lB 10s, medium £lO 5s to £l4 ss, light and unfinshed £6 to £9 10s, extra prime heifers £l3 ss, prime £9 10s to £ll 15s, ordinary £5 to £8 10s, ordinary cows £5 to £B.

Vealers.—A small entry of Indifferent quality. Runners £5 Jis, good vealers £3 7s 6d to £4 15s, medium £2 8s to £3, small calves 5s to 22s 6d.

Store Cattle.—A lifeless market, there being few buyers for the indifferent stores sent forward. A pen of three-year-old steers brougl: t £B.

Dairy Cows.—An exceptionally big yarding, mostly of low-conditioned and indifferent milking quality animals. For good springers the market was slightly easier than recently, but it was decidedly so for mediocrities. Extra good springing heifers £l9, good second and third cal vers £8 to £l6, medium £5 to £7, medium good springing heifers £7, old cows 355.

Fat Pigs.—The activity of the last few sales was scarcely maintained to-day. Choppers £5 to £7, light baconers £4 15s to £5 ss, heavy £5 15s to £6 10s (average price per lb 9d), light porkers £3 to- £3 10s, heavy £3 15s to £4 9s (average price per lb to lj)%d). Store Pigs.—A firm demand. Wenners 23s to 365, small stores 37s to £2 Bs, medium £2 10s to £3 ss, sows in pig £6 to £7 10s, pedigree sows in pig 9gns. to 14% gns.