COMMERCIAL.

Taranaki Daily News, 1 October 1921, Page 2

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright, London, Sept. 29. Wheat. —Dull and steadilj’ tailing. Prices are restricting business in all positions. Australian ex quay 725. Flour. —Quiet. Australian ex store 555. Oats and beans.—Dull, and tending to be easier. Peas.—Quiet. Tasmanian blues ex store, 440 s to 500 s; New Zealand 400 s to 500 s. Sugar.—Steady; granulated 535. At the rabbit-skin sales 2178" bundles were offered and 1711 sold. New Zealand cheese, white 100 s to 104 s per cwt.; colored 90s to 945. The market closed firmer owing to America buying Canadian makes. At the B.A.W.R.A. wool sale at Liverpool there was keen competition, fine qualities advancing 10 to 15 per cent. The Bradford tops market displays an improved tone’ with more general Inquiry for both crossbred and merinos. AUSTRALIAN MARKETS. Melbourne, Sept. 30. Hides.—All good conditioned parcels advanced a farthing io a halfpenny. Light kips’ are a full penny higher. Barley.—English 4s (Id, Cape 3s 6d. Oats. —2s 5d to 2s 7d. Potatoes. —£3 10s to £5. Onions. —£210 s to £3 10s. GRAIN AND PRODUCE MARKET. BUSINESS QUIET IN CANTERBURY. By Telegraph—Press Association. Christchurch, Last Night. The grain and produce market continues very quiet, merchants for most part restricting their trading to fulfilling orders, and speculative buying being very small. Good A grade Gartons are still worth up to 2s lid at country stations. All classes of seals are quiet, but steady. As far as values are concerned the prospect of a revival ip the barley market is not justified by the latest figures. A big surplus of peas is inevitable unless an outside outlet becomes available. Potatoes are maintaining a firming tendency, and for the few offering there was little inquiry during the week, and comparatively few offering to farmers. At country stations values arc £2 5s for whites and £2 to £2 2s Gd for reds. THE MEAT MARKET. LONDON QUOTATIONS. The New Zealand Loan and Mercantile Agency Co. have received the following advice from London New Zealand frozen meat: Lamb, 10%d Per lb (average) ; wethers and maiden ewes, light 7 3-8 d per lb, heavy s’/,d per lb; ewes, light s’4d per lb, heavy 4%d per lb: ox beef, hinds 5 5-8 d per lb. fores 4d per lb ; cow beef, hinds 4 l-8d per lb, fores 25-8 d per lb. Market very, depressed. POULTRY MARKET.

Webster Bros, report.—Ordinary hens 4s to ss, cockerels 4s 6d to ss. L. A. Nolan and Co. report.—Hens, 5s to 7s 6d; cockerels, 3s Id to 7s 6d; ducks, 3s lid to 8s Gd; turkeys, Ils; chickens, 4d to' ' 7d. BURNSIDE STOCK SALES. EASIER DEMAND FOR BEEF AND MUTTON. ! Dunedin, Sept. 28. There were good yardlngs of fat stock at the Burnside salps to-day, quality and numbers being well represented. Tile demand for beef and mutton was easier In tone, and a reduction In prices for sheep brought values back to those which ruled a fortnight ago. Heavy pigs and baconers were also lower in price. The. small number of spring lambs offered realised high values. Fat Cattle. —A large yarding, numbering 274 head of fair to medium quality. The demand at the opening of the sale was not quite up to that of last week, and a reduction in values of about 12s 6d per head took place. Best beef was sold at 37s per 1001 b, medium from 27 s to 30s. Prime bullocks realised from £l7 10s to £2O, medium £l4 10s to £l6 10s, light and unfinished sorts from £9 upwards. Prime heifers realised from £l3 to £l4 15s, medium from £lO to. £l2, light and aged £7 upwards. Sheep.—A large yarding, numbering 2643 head of excellent quality. Very few ewes were offered. With the exception of a few outside buyers, bidding was restricted to representatives of the butchering trade. Probably on account of the large supply, competition was not so brisk as at last week's sale, and a reduction of 2s per head took place. Primo wether mutton barely touched 3!4d per lb, and ewe mutton was sold at 3d. Prime wethers realised 23s to 27s 3d; medium, 18s 6d to 225; , light and unfinished sorts from 15s ,6d upwards. Extra prime heavyweight ewes realised up to 24s 3d; prime, 18s pd; medium, to 16s 3d; light and aged, from 12s upwards. Spring Lambs.—Ten were offered. These were of good quality, and sold under keen competition. The prices realised were as follow : Two at 325, two at 255, one at 375, one at 38s, one at 40s, one at 425, two at 445. Store Cattle.—A large yarding, consisting mostly of Inferior sorts> was offered. The sale lacked animation, but all were disposed of at values about on a par with late ruling rates. One or two pens of three and four-year-old steers in a forward condition realised up to £lO 18s per head. Pigs.—A good yarding was offered, all classes being represented. Suckers and small porkers sold at high rates, but pigs of good weight were easier by 5s to 7s 6d per head. Best, baconers realised from 8d to B%d per lb, and best porkers from B%d to 9d per lb. ADDINGTON STOCK MARKET. AN IMPROVEMENT IN VALUES. - Christchurch, Sept. 28. ■ At Addington market to-day there was a smaller all-round yarding and an improvement in values, particularly for mutton. The tone of the market generally was healthier than for some time. Store Sheep.—A small yarding which sora better than last week, particularly hoggets. Fairly good ewe hoggets realised IBs fld, cull ewe hoggets 8s 4d, fairly- good mixed-sex hoggets 10s 2d, interior mixed-sex hoggets 7s 9d, cull hoggets ss, forward four and six-tooth wethers 13s lid to 15s, half-bred 13s 6d, inferior, six and eight-tooth wethers Ils 7d, two-tooth wethers 10s 4d to 10s lOd, good six-tooth ewes with lambs Ils lid (all counted), six and eight-tooth ewes, with lambs 9s lid to 10s Gd (all counted), f.m. ewes, with good lambs 10s 9d (all counted). Spring Lambs.—l 27 were yarded and sold from 26s to 34s per head, averaging in the vicinity of 12d per lb.

Fat Sheep.—A reduced yarding. All sound wethers were 2s 6d per head better than last week, prime wether mutton averaging 4d to per lb. Extra prime wethers realised 27s 6d to 355, prime 22s 6d to 265, medium 19s 3d to 21s 6d, light and unfinished 15s Gd to 18s flu, prime ewes 19s 3d to 24s 6d, medium 16s Gd to 18s Cd, prime hoggets 19s 6d to 26s 6d, light and medium 14s to 18s.

Fat Cattle.—The yarding included 50 head from Wanganui. They were knocked about on the journey, and competition was considerably affected thereby. Good beef appreciated by 20s to 25s per head. Prime steers realised £l5 15s to £lB 15s, medium £lO 15s to £l5, light and unfinished £7 to £lO, extra prime heifers £l4 12s Gd. prime £lO to £l3, ordinary heifers £7 10s to £9 10s. light and unfinished £5 10s to £7 ss. prime rows £8 15s to £lO 15s, inferior and medium £5 5s to £B.

Vealers. —Runners realised £5 10s, medium £2 10s to £3 10s, small to medium calves £6 to £7.

Store Cattle. —A good demand at rates equal to last week's values. Four-year steers realised £B, three-year steers £5 15s to £7, two-year steers £5 15s to £7, two-year steers £3 15s to £4 ss, yearling steers £1 15s to £2 ss, two and thyee-yenr heifers £3 10s to £5 15s, yearling heifers £2 10s to £3 15s.

Dairy Cattle.—Extra good second and third calvers realised £26, ordinary cows £lO 10s, aprinEiD*' helfera £ IG, Inferior cows in milk

£1 to £3 10s. Fat Pigs.—A good entry, and a firm demand. (Values -well up to recent prices. Choppers realised £4 to £8 10s, light bacoilers £4 15s to £5 10s, heavy £5 15s to £6 15s, extra heavy £7 5s (average price per lb 9d), light porkers .£3 10s to £4, heavy £4 5s to £4 lOs” (average price per lb 10%d to 10%d). Store Pigs.—An unusually large entry, and the demand was keen. Large stores realised £2 17s to £3 4s, medium £2 4s to £2 14s. good weaners £1 4s to £1 12s Gd, small 12s 6d to £l, sows In pig £5 ss. INGLEWOOD SALE. (From Our Own Correspondent.) The saving feature at any cattle sale nowadays is the demand for dairy stock, in fact or in future —the milker or heifer calf that ‘can gro’it into a butterfat producer. This was exemplified at the Farmers’ Co-op. yards at Inglewood on Wednesday. Of these classes there was a’good entry, of others moderate, and the demand was apparehtly in accordance with the supply. Other than dairy stock were not so readily disposed of. A line of fat sheep sold at 17s 9d.; store cows, from 15s to 30s; two pedigree Jersey bulls, £l4; Jersey yearling heifers, £6 12s 6d; up to £l4 was given for springers not showing the Jersey signs, while Jersey cross heifers made as ■ high as £l9. For the heifer fair on Thursday there was a good attendance, and the majority of the stock yarded changed hands. Buyers from beyond the confines of the Inglewood district operated to a considerable extent. A consignment of five truckloads left Inglewood on Friday morning by tram for South Taranaki, and another line of eighty head were purchased to go to North Auckland country. Yearling heifers, ordinary, sold at £2 10s to £2 15s; with Friesian appearance, £3 10s: while such as displayed any Jersey breed signs sold at from £4 17s 6d to £ll. A choice line of grade heffer yearlings made £ll 15s, and a special pair topped the market at £l3. Some empty two to three-year heifers made £».