COMMERCIAL.

Taranaki Daily News, 17 November 1921, Page 2

COMMERCIAL.

BRITISH RE-EXPORTS OF WOOL. By Telegraph.—Press Assn.—Copyright. London, Nov. 15. The Yorkshire Observer points out that Britain’s re-exports -of raw wool in the last ten unoiiths amounted -to 277 million pounds, compared with .£5l million pounds in trie fijmiJar period in. .1913., Germany bought .1.00. million pounds,' compared with 18% millions in 1920 and 76 inillionK in 191.3. The next largest purcl’asets weFe France and Belgium, 56 million pounds each, and America 37 (million pounds. NEWTON KING, LTD., REPORTS. At Douglas on Norember 7 an extra heavy yarding of cattle caste forward, the steer class predominating in numbers. The sale was rather a quiet and dragging one, and values dropped further in consequence. Store cows 225, 35g, £2 ss, fat do. £4 Is, fat bullocks £B, 3-year-old steers £3 ss, . yearling heifers 255, £2 -2s 6d, Jersey do. £5 7s 6d, £9 10s, springing cows £l2 10s, •springing heifers £7 10s, £8 Ids, £l2. At Uruti on the .same day we had a full yarding of cattle and a fair entry of sheep. With the exception of a few pens of steers almost a complete clearance was effected, prices on tl’e* whole being on a par with present Tates, and in some instances, especially for empty heifers, in advance of same. Hoggets 10s 3d,. 4-tooth ewes and wethers 10s Cd, store cows 255, 31s, forward do. £2 10s, £3 10s, 3-year-old steers £3 2s 6d, 15-moiiih do. 19s, 235, 15-month heifers 345, £2, £2 Ss, Jersey do. £5, £8 ss, 2-year-old empty belfers £4, £5, £5 15s, springing heifers £6, £7, £B, 2-year-old Jersey bull £lO. At Stony River on the Sth iast. a full yarding of cattle came forward, and although prices were a lot easier rigtt throughout the sale, a very good clearance at the hammer was made. We quote: Store pigs 80s, slips 13s, sows In farrow £3, £4, yearling steers 14s, 15s, 2-year-old do. 325, 37s 6d, £2, store cows 13s Gd, 23s 6d, 355. forward do. £3. £3 10s, fat de. £4 Ils, 15-monlh heifers 19s, 365, better quality do. £2 7s Gd. £5 7s 6d, Jersey do. £B, empty ’heifers £2 14s, £4 10s, dairy cows £8 10s; £T3 10s, springing heifers £6, £B, £9 Ifls, hoggets 9s. * • At Kohuratahi on November 9, in conjunction with the New Zealand Loan and Mercantile Agency Co., we conducted our usual sheep and cattle sale, and although there was considerable stock offering, practically little or no business was effected.-* What sales were unade were at full market rates. Hoggets 6s, 8s 7d,, 2-year-old . empty heifers £6, Jersey bulls £2 10s to £6. At Ohura on the following day, the market was of similar strength to Kohuratahi. The yarding was very fair, both of sheep and cattle, but enquiry very dead. 4-tOOth wethers 10s, fat sheep Ils lid, ewes and lambs ss, fresh-conditioned cows £4. yearling heifers 36s 6d, 2-year-old empty heifers £4 14s, j3-year-old bullocks £2 15s 6d, £3, £3 10s. At Waiwaitaibo on the 10th inst. we report ■a good yarding and a spirited sale, a complete clearance t being made at the hammer. Young cattle,.. especially 15-month heifers, showed" an advance on values ruling earlier in the week. Dairy cattle at profit also ,eold well. Yearling steers 2fis, 255, 28s, 15month heifers 30s. £2 10s, £3 ss, Jersey etrain do. £5, £5 7s 6d, Jersey heifers , r.w.b. £7, store cows 2Gs, 365, fat £4, £4 15s, £5 17s 6d, 2-year-old Jersey’ bulls £B, £lO 10s, aged pedigree do. 15gus, .springing heifers £6 10s, £7, heifers calved £lO 10s. dairy cows £7. £B, £9 10s, choicer quality do. £ll, £l3 15s.

WAIKATO MARKET. The Farmers’ Co-operative Auctioneering Company, -Ltd., Hamilton, report:— Beef.—Considerable quantities have been coining on the market and values everywhere have receded. Exporters have at last given an indication as to what may be expected when operations begin. As the figure is likely to be in the vicinity of 20s per lOOlbs there seems no-reason why a start should r.ot be made very soon, values except in. odd cases are little above that level at present. Mutton. —The demand lias been steady and fully absorbing the supply. Undoubtedly graziers might further exploit the local markets with advantage to themselves. Store Cattle. —The rise lately witnessed was unfortunately short lived. Values are back again to the old level; even empty dairy heifers which seemed proof against reverse, sharing in the general collapse. Cattle are being rushed on the market • in large numbers and this of course - assists to spread the panic. Vendors generally slow a. disposition to face the situation and in consequence gbod clearances are effected. Store Sheep.—There is a fair enquiry for sheep off shears although purchasers’ ideas hardly coincide with vendors’ expectations. Two tooths seem likely to be fairly popular once this difference Is bridged. Dairy Cattle.-—Except, in the case sf animals at profit? dairy stock generally has been much easier.-. At tl'is advanced stage of rhe season apart from the decline in butter, -such a state-of tilings is but natural. Pigs. —Fat pigs have shown no improvement since our last report although young pigs ha.«e fluctuated in sooid markets to advantage. Horses.—These have not altered. The demand for al! classes is decidedly weak. Now that the spring is so far advanced there seems little lllielihood of improvement. We quote as follows : Bullocks, heavy prime £8 10s to £ll, medium £6 to . £8; cows, heavy £5 to £*s 15s, medium £4 to £4 10s, forward £2 to £3 ss; steers, 4-year best £5 5s to £6 ss, 3yenr best £3 to £4 ss, 2-year best £2 to £2 15s; heifersi '-2-year empty £5 to £5 15s; cows, stores. .£1 to £1 15s; dairy cows, best £l5 to £l9; dairy heifers £lO to. sieers, yearling best £1 2s 6d to £1 195,. do tnediuun 15s to £1; heifers, yearling best £3 to £3 15s, do medium £2 to £2 15s; ewes with lambs 'by Romney rams 12s to 16s, with lambs by Southdown rams 20s to 255; wethers, prime woolly 19s to 2?s, medium wooliy 17s to 18s Gd: ewes, prime woolly 15s. lo 17s: wethers, prime shorn 16s to 18s; ewes, prime shorn 14s to 15s 6d; wethers, store. 4tooth shorn Ils to 12s fid, 2-tooth 9s to 9s Gd: pigs, baconers £3 10r to £4 10s, porkers £2 5s to £3. ss. good slips £1 5s to £2, ■weanors fis to 15s; horses, heavy draughts £3O to £4O, medium draughts £25 to £3O, light draughts £l7 to £2O, harness horses £9 to £IC, hacks £6 to £lO.