COMMERCIAL.

Taranaki Daily News, 8 October 1921, Page 2

COMMERCIAL.

NEW SOUTH WALES LOAN. By Telegraph.—Press Assn—Copyright. Londori, Oct. 6. It is understood that a New South Wales 6 per cent, loan for £3,000,000 la being issued on Friday at 95. P. AND 0. SHARES. London, Oct. 6. Peninsular and Oriental shares, buyers £340, sellers £360. BRADFORD WOOL MARKET. < London, Oct. 6. Bradford wool market.—Good tone and prices firm, with an upward tendency. AUSTRALIAN MARKETS. Melbourne, Oct. 7. Hides.—Very firm ; values unaltered. All prices in sellers’ favor. Barley.—English, 4s to 4s 6d; Cape, 3s 3d. Oats, 2s 6d. Potatoes, £2 10s to £4 ss. AUSTRALIAN WOOL SALES. Melbourne, Oct. 7. i The Council of Wool Brokers has allocated 300,000 bales for the November and December sales. LONDON MARKETS.

Received Oct. 7, 5.5 p.m. London, Oct. 6. Wheat.—Market dull. Prices are tending in buyers’ favor. Australian 665. Flour.—i Moderately steady. Australian 58s 6d. Oats. —Market weak. Prices declined Is. Beans and Peas.—Quiet. ’tasmanian and New Zealand, blues unchanged. Sugar.—Good demand. Granulated 52s 3d.— Aus.-N.Z. Cable Assn. NEW PLYMOUTH HAYMARKET. At Newton King, Ltd.’s New Plymouth Haymarket yesterday weaner pigs made up to £l, extra good slips up to 365, stores to 40s. Heifer calves realised from 10a to 32s 6d. POULTRY MARKET. Messrs. L. A. Nolan and Co. report the following range of prices at yesterday's poultry sale: Hens 6s 6d, ss, 3s 6d, 3s 2d; cockerels 6s 3d, ss; chicks Is 2d, Is; ducks 5s 9d; ducklings Is lid. STRATFORD MARKETS. LAMASON'S REPORT. There was a good entry of poultry for last Saturday’s sale, and the various lines offering met with fair competition. Good hens, hens and chicks, and broodies are in good demand. The following Is an idea of prices ruling: Hens 2s 6d to 4s 6d, pullets 4s 6d to 6s, roosters 3s to 4s, ducks 3s 6d to ss, turkey hens 8. 5 to 10s, gobblers 15s to 20s. Hay £4 10s,: rhubarb Is, cabbage ana cauliflower short supply; milk carts, harness, cans and farm sundries at usual rates. Potatoes 13s, chaff £8 10s, pollard 28s, barley meal 275, oats ss. Other lines of produce sold at market rates.

ADDINGTON STOCK MARKET. GOOD SALE FOR BEEF AND MUTTON. Christchurch, October 5. At the Addington market to-day there were the average yardings of beef and mutton, and an increased one of store sheep. There was a good market for both beef and mutton, but a bad one for store sheep. Store Sheep.—A very dull sale, particularly for ewes and lambs. Some good hoggets sold briskly. Sound-mouthed ewes and lambs realised 8s 4d to 10s Id (all counted), failingmouthed ewes and lambs 8s to 9s lOd (all counted), forward 4 and 6-tooth wethers 13s to 14s 2d, ordinary 9s 3d to 12s Id, fairly good 2-tooth wethers 11s to Ils 4d, fair halfbred ewe hoggets 14s 2d, small 10s, good wether hoggets 14s to 14s sd, cull and inferior hoggets 5s to 7s sd. Spring Lambs.—A good demand at frtwn lid to 12d per lb. Best lambs brought 29s to 33c 6d, medium 24s to 27s 66.

Fat Sheep.—A slightly larger yarding, and an active sale at last -yeek’s prices, practically the whole penning being cleared. Extra prime wethers realised 20s to 30s id, prime 23s to 275, medium 19s 9d to 22a 9d, light and unfinished wethers 15s 9d to 13» 9d, extra prime ewes 25s 9d, prime 19s 9d to 24s 9d. medium 17s to 19s 3d, Inferior 13s to 16s 3d, prime hoggets 20s to 265, light to medium 14s lOd to 17s 6d.

Fat Cattle.—2G2 head were yarded, the bulk being medium quality. Values were up from 20s to 25s per head, prime beef selling at 45s to 47s 6d per 1001 b, and light beef at 25s to 355. Extra prime steers realised £2O 10s, prime £l6 ss, light and unfinished £8 to £ll 15s, extra prime heifers £l5 2s 6d, prime £lO 10s to £l3, ordinary £6 10s to £9 17s 6d, prime cows £8 17s 6d to £ll 7s 6d, ordinary £5 5s to £8 12s 6d. Store Cattle. —The entry was larger than last week, but the quality was poorer. A dragging sale resulted. Two-year-old steers realised £3 10s to £4 10s, yearling steers 15s to £1 16s, two-year-old heifers £5 ss, yearlings £1 15s to £2 ss, good cows £2 Ils, inferior cows 25s to 355. Vealers. — A poor entry. Runners realised £5 ss, medium vealers £2 12s 6d to £3 15s, small to medium calves 5s to £2 7s 6d. Dairy Cattle. —A small entry, and prices all round were better, with an almost complete clearance. Extra good second and third calvers realised £l7 to £2O, good £8 10s to £l7, inferior c° ws cows in milk £2 15s to £9, good springing heifers £lO 10s to £l7 10s, small £5 10s to £lO 10s. Fat Pigs-—A medium entry. The demand

wa. s weaker, and prices were hardly as good as last week. Choppers realised £4 to £7, light baconers £4 10s to £5, heavy £5 5s to £5 15s, extra heavy £6 15s (average price per lb 8d to B%d), light porkers £2 17s to £3 10s, heavy £3 15s to £4 5s (average price per lb 9d to 9%d). Store Pigs.—A fairly large entry. The sale was weak at the start, but brightened up later. Large stores realised £2 16s to £3 3s, medium £2 2s to £2 14s, good weaners £1 to £1 9s, small 10s to 18s 6d.

BURNSIDE STOCK SALE. FAT SHEEP AND CATTLE PRICES EASIER. Dunedin, October 5. There were extra large yardings in each Department of fat stock at Burnside to-day. The unfavorable reports received from London in respect to the frozen meat market are evidently having a deterrent effect on fat stock prices in New Zealand. This was most noticeable to-day at Burnside in connection with both sheep and ealile, aa both th»»* glasses

were again easier- in price, which is quite unusual at tills time of year.

Fat Cattle.—An exceptionally large yarding, numbering 359 head which was 85 more than last, week) of mixed description. The yarding was far in excess of requirements, and was the largest assembled at Burnside for a considerable time past. The demand at the opening of the sales was slack and towards the close heavy prime stock were hit the hardest. Compared with last week prices were from 30s to 40s lower. Prime ox beef was worth on the average 32s 6d per 1001 b, heifer beef 30s, and medium quality was down to 235. Prices may be quoted as follows: Prime bullocks £l6 to £lB 10s, medium £l2 10s to £l5, light and unfinished sorts £8 upwards, prime heifers £l3 10s, medium £8 10s to £ll 10s, light and aged £6 upwards.

Fat Sheep.—A large yarding, numbering 3758 head of good quality. Competition was confined to representatives of the butchering trade, together with a few outside buyers. Had it not been for the latter, a serious reduction would have to be reported. Even with outside competition prices were easier to the extent of 2s 6d per head for heavy-weight sheep, while good quality medium-weights and light-weights were down Is Gd per head. Prime light-weight wether mutton was worth a fraction under 3*4d per lb, and ewe mutton and heavy-weight wethers round about. 3d. Extra prime heavy-weight wethers realised up to 25s 6d, prime 22s to 23s 9d, medium 19s to 19s 6d, light and unfinished sorts from 15s Gd upwards. Ewes were poorly represented. Extra prime heavy-weights realised up to 21s 9d, prime 18s 6d to 20s 3d, medium 15s to 17s 6d, light and aged from Ils Gd upwards.

Spring Lambs.—Thirty-nine head were sent forward. A number were on the small side. The demand lor good quality lambs was keen, while small and inferior sorts received less attention. The following prices were realised:—Two at 16s 3d, one at 17s 3d, four at 19s, one at 19s 9d, two at 20s 9d, two at 21s 9d, two at 22s 6d, six at 255, two at 275, two at 275, two at 27s 9d, three at 30s, three at 345, three at 34s 6d, one at 38s, and three at 395.

Store Cattle.—A good yarding was offered, comprised mostly of young and backward-con-ditioned sorts. The demand was practically lifeless, it being very difficult to effect sales. Pigs.—A large yarding, all classes being weil represented. Suckers and slips sold well, but large pigs were again easier in price to the extent of about 5s per head. Best baconers realised 8d to B%d per lb, and best porkers from 8d to 9d per lb.

WAIKATO MARKETS.

The Farmers’ Co-op. Auctioneering Company, Ltd., Hamilton, report: — At Claudelands on Tuesday, October 4, we held our annual pedigree stock sale, penning of all breeds about 200 lots. Representatives from all parts of the Waikato nnd the surrounding districts were m attendance, and constituted a large gathering. Interest centred chiefly round the Jersey ring, where competition was brisk for well-grown serviceable animals. In many cases, however, vendor and purchaser were unable to reconcile their opinions, and in consequence a number of lots were passed in. Also many of the smaller yearlings seemed unsuitable for present requirements. Amongst the Shorthorns and Holstelns competition was dull, and onry in a few cases did values exceed ordinary grade level. Speaking generally, in regard tt. the stock offered, it is doubtful if in quality it was equal to last year’s offering, certainly in point of condition there being room for improvement. The following is a list of some of the breeders, showing the figures realised for their offerings:—

Jerseys.—W. K. Hollister, bull Violet, 96gns; J. F. Vosper, Mystery’s Renown, 90gns, Jersey Brae True Blue, 55gns; W. Dunn and Sons, Jersey Brae’s Field Marshall, 88gns, Major’s Fox, 75gns, Premier Field Marshall, 55gns; W. J. Hall, Orange Dale’s Autumn, 86 gns; Mrs. Day, Pencarrow’s Gay Lothario, 75 gns. Pencarrow’s Triange King, 65gns; H. Norton, Woodhill Dandy, 71gns; E. Clark, Willowbank Hopeful, G7%gns; A. J. Edwards, HaWklet, 65gns; R. H. Townsend, Fairfield’s Darby, 63gns; James Shaw, Ready Money, 54 gns; H. C. Wallace, Dary Beauty, 53gns; R. K Garland, Master K.G., 53gns; McEldowney Bros., Jersey Brae’s Goldmine, 50gns; R., Dean, Sunhill Fox, 50gns; Owen Glynn, Kuranui Scamp, 50gns; Birch Bros., Ruby’3 Noble Fox, 60gns. . - Shorthorns.—Hon. John Fisher, Marquis of. Pukerimu, 50%gns, Crown Prince of Pukerimu, 30gns; H. Campbell, Dominion Rifleman, 20gns; others 6gns to 16gns. Holsteins. —Whewell Bros., Julip Groninger Lad, 40gns; G. H. Strieff, Ranganui Wopdcrest Pride, 28gns; E. F. Peacocke, Westonlea Ch.allange Grace, ISgns; others 6gns to 15gns.