COMMERCIAL.

Taranaki Daily News, 19 November 1921, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS. By Telegraph.—Press Assn.—Copyright. Melbourne, Nov. 18. Hides.— Improved l-8d all round except kips, which were easier. Barley.—English 4s to 4s 3d, Cape 3s. Oats.—2s 6d to 2s 7d. Potatoes.—£l 10s to £3. Onions.—£2 to £3 103. LONDON MARKETS. PRICES FOR MEAT. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London house, under date November 16: Tallow.—We Quote present spot values for the following descriptions: Fine unutton, £2 7s per cwt.; good beef, £2 4s 6d per cwt.; mixed, £1 18s per cwt. Sale by auction has been suspended. New Zealand Frqzen Meat.—Market dull, little demand, quotations unchanged. Last quotations: Lamb, 7%d per lb. (average); wethers and maiden ewes, light 5 5-8 d per lb.; heavy 4 3-8 d per lb.; ewe, light 4 8-8 d per lb., heavy 3 7-8 d per lb.; beef, hinds 5% per lb., fores 3%d per lb. (ox), hinds 4d per lb., fores 2%d per lb. (cow). DAIRY PRODUCE. PROSPECTS OF THE MARKET. Messrs. W. H. Turnbull and Co., Wellington, report as follows on dairy produce prospects, based on cablegrams received from their principals, Messrs. W. Weddel and Co., Ltd., during the past month:— “On October 26 Messrs. W. Weddel and Co., Ltd., cabled that they estimated the British Government’s stocKS or butter, roughly, at 30,000 tons, comprising 17,000 tons Australian, 8000 tons Argentine, and 2000 tons of other butter. Apart from 1500 tons of Irish butter, there were no private stocks of any account. Cheese stocks they estlimated at 10,000 tons of North American, and 3100 tons of Australasian.

“Our principals cable that prospects for butter at the moment are unfavorable, in view of the enormous Government stocks, and also stocks of Irish butter in cool store. It is expected that heavy supplies will be forth-, coming from Australia, the Argentine, and New Zealand, and as the industrial depression and unemployment is limiting the purchasing power of the consumers, the future prospects are far from bright. At present it is very difficult to make any forecast as to what prices our new season's butter and cheese will bring. Quotations for Danish butter are firming weekly, but doubtless Danish Is in very short supply. The point of most interest is the tremendous difference in the quotation for Danish, 2625, and New Zealand free butter 200 s, and we feel that very high grade New Zealand new season’s •butter should bring considerably better prices than those quoted for free butter at present. There is no doubt that factories should pay more attention to quality than ever before, as we feel sure that the difference in prices realised for high grade and medium butter will be very marked. “Shipments from New Zealand in September consisted of 17,611 boxes of butter, whilst in October 133.861) boxes of butter and 36,542 crates of cheese were shipped.’’ NEW PLYMOUTH HAYMARKET. At Newton King, Ltd.’s’New Plymouth haymarket yesterday weaner pigs realised 8s 6d, slips Ils 6d to 255, stores 27s to 295. POULTRY MARKET. L. A. Nolan and Co. report a very large entry (about 500 head). Prices were as follows : Ducks 3s 9d to 5s 3d; ducklings 3s to 5s 6d; ducklings (small) Is 5d to Is 8d; hens 3s to 5s 9d; chicks 2d to lid; cockerels 3s to 5s 9d. ADDINGTON STOCK MARKET. GENERAL EASING IN VALUES. Christchurch, Nov. 16. At the Addington market to-day there was a particularly big yarding of all classes of stock, and a general easing in values of beef and mutton, lambs and dairy cattie being also affected. Store Sheep.—A fair yarding. Wethers and hoggets sold fairly well, there being an improvement on recent sales. Good ewes and lambs met a satisfactory sale, but old ewes were neglected. Ordinary 4,6, and 8-tooth ewes and lambs 9s 3d to 10s 3d, good sound f.m. ewes and lambs to Ils lOd, falling-mouth-ed ewes and launbs 7s to 8s 6d, old ewes and lambs 3s 4d to 6s, forward shorn 4 and 6tooth wethers 13s 6d to 14s 6d, forward 2, 4, and 6-tooth wethers 13s 7d to 14s 4d, ordinary 10s 6d to 12s 2d, shorn wether hoggets 6s 4d to 8s lOd, wether hoggets (in the wool) 7s 7d to 9s Id, kalfbred ewe hoggets (in the wool) 14s 4d to 16s, three-quarterbred 13s 6d. Fat Lambs.—The market was easier and values were down about 3s to- 4s per head. Extra prime lambs 234 to 28s, prime 19s 9d to 22s 9d, medium 17s 3d to 19s 6d, small 13s 6d to 17s. Fat Sheep.—A big yarding, much in excess of butchers’ requirements, and values were down about 3s to 3s 6d per head. Extra prime woolly wethers 25s to 29s 7d, extra prime shorn wethers 21s 6d to 24s 9d, prime woolly wethers 21s to 24s 6d, prime shorn wethers 18s to 21s, medium woolly wethers 18s to 21s, medium shorn wethers 15s to 17s 9d, inferior wethers Ils to 14s 9d, priune woolly ewes 29s to 22s 7d. prime shorn ewes 17s to 20s, medium woolly ewes 16s to 18s 9d, medium shorn ewes 13s 9d to 15s 9d, inferior woolly .ewes 12s to 13s 9d, inferior shorn ewes 10s fid to 13s 3d. Fat Cattle.—A further drop of 25s to 30s per head was recorded. Primest beef sold a) up to 35s per 1001 b, but the bulk was about 30s to 32s 6d. with secondary at 255. A fair proportion of the yarding was passed in. Extra prime steers £l7 7s fid, prime £l3 2s fid to £l6 10s. medium £lO to £l2 15s, light and unfinished £6 10s to £9 10s, prime heifers £8 15s to £ll 12s 6d, ordinary £6 10s to £8 10s, extra prime cows £l2 ss, prime £6 10s to £lO 10s, ordinary £3 Jos to £6 7s 6d. Vealers.—Values were easier. Runners £5, good vealers £3 to £3 10s, medium £2 to £2 17s 6d, good calves 27s fid. small 6s to 20s. Store Cattle.—A fairly good demand, and prices were maintained. Three-year-o'd steers £4 to £6 ss, two-year steers £2 5s to £3. yearlings £1 10s to £2, two-year heifers £4 10s ot £6, yearlings £2 10s to £2 18s, good cows £2 10s to £3, medium £1 to £1 10s. Dairy Cattle.—A big yarding, and a dragging sale. Prices for good cows were down by £3 to £4 per head. Good second and third calvers £l6, medium £6 to £ll, springing heifers £7 to £l2, medium cows £6, aged 30s to £4 10s. Fat Pigs.—A good entry and a fair demand. Choppers £2 10s to £5, light bnconers £3 15s to £4 ss, heavy £4 10s to £4 15s, extra heavy £5 to £5 8s (average price per lb 7d), light porkers £2 10s to £2 17s 6d, heavy £3 to £3 10s (average price per lb 9d). Store Pigs.—A good entry and a fair demand. Best stores £ 2 to £ 2 7s, medium £ 1 Ss to £1 15s, small 17s to £1 4s, weaners 153* fa £1 2s 6d.

BURNSIDE STOCK SALE.

PRICES BELOW LATE RULING RATES. Dunedin, Nov. IG. There were large offerings in all departments of fat stock at Burnside to-day, the quality of which, on the whole, was good. In the absence of freezing buyers prices were a little below those lately ruling. Fat Cattle.—A large yarding, numbering 287 head. The average quality was high. The demand was only moderate, and values were 10s to 15s per head below those of last week. Prime ox beef was worth up to 80s per 1001 b, medium quality 19s to 225. Prime bullocks realised from £l4 to £l6 7s Hd, medium £ll 10s to £l3 10s. lighter kinds from £S lOfl upwards. Prim* heifMß real-

jscd from £l2 td £l4, medium £S to S 0 10s, light and aged fttm £fi Ids UpwArdfl. Sheep.—A Urge yarding, numbering 30T7 head, a large proportion btflsf shorn. The I quality on the whole was goed. The opened under fair cocjpetition at prices -v:i ■ a. n»r 54.11,11 those wnu-,. ruiea xa»» week. tint'- I mg progress of the sale values fluctuated, | bidding being somewhat irregular. The sale closed with prices about Is 6d per head below last week’s rates. Prime wether mutton was worth within a fraction of 3%d per lb, and ewe mutton a shade under 3d. Prime woolly wethers realised from 22s to 24s fld, medium 19s to 21s 6d, lighter kinds from IGs upwards. Extra prime woolly ewes realised up to 22s 9d, prime 17s to 18s 3d, imediuui 14s 6d to 16s 6d, light and aged from 12s upwards. Prime shorn wethers realised from 19s to 21s 3d, medium 17s to 18s 6d, lighter kinds from 15s upwards. Shorn ewes realised from 13s to 16s. Spring Lambs,—A total of 204 head was yarded, which was one of the largest offerings this season. A fair demand was experienced. At the commencement of the sale values were about Is per head higher than last week, Prices hardened as the sale progressed and closing sales showed an advance of from 2s 6d to 3s per head above last week's rates. Values ranged from 16s to 29s 3d per head. Prime lamb was worth round about B’Ad per lb. Store Cattle.—A medium yarding was offered; which met with a very dragging sale. The quality was not of a high standard, which made matters worse. The demand was lifeless and sajes were difficult to effect. Prices were only nominal as sales were few. Pigs.—A large yarding, all classes being well represented. The increase in values Obtained last week was not maintained to-day, prices receding to the level of those which ruled two weeks ago. Best beconers realised from 7d to 7%d per lb, and best porkers from 7%d to B%d per lb. .

AUCKLAND STOCK MARKET. Alfred Buckland and Sons, Ltd., report:— During the week we held sales of dairy and store stock at Westfield, Turua, Pokeno, Heiensvllle, and Runciman, and had full yardings. There is still a fair enquiry for dairy cattle. Stores remain dull of sale. Best dairy cows are selling at frcun £2l to £26 10s, goods cows £l6 to £2O, average cows £l2 to £l5 10s, other cows £5 10s to £ll, aged and inferior 10s to £4 10s; best springing heifers £l4 to £lB, good heifers £ll 10s to £l3 10s, smaller £7 to £ll, small £3 to £5; young empty cows £1 5s to £2, store cows 10s to £1; four-year-old steers £4 10s to £5 10s, three-year-olds £3 to £4/ 18-month to two-year-old steers £1 15s to £2 15s, yearlings £1 5s 'to £1 18s, calves 10s to £1 Is; 18-month to two-year-old dairy heifers £3 10s to £B, according to breed and quality; fat steers £6 to £B, fat cows and heifers £2 to £6. Yesterday, at our weekly Westfield fat stock market we penned beef to the number or 469 head, comprising 401 Mteers, 67 cows and heifers, and 1 bull. 'The demand was again quiet, and there was no improvement In values; as a matter of fact, plain cattle and cow beef were easier. Extra choice ox beef sold to £1 Bs, choice and prime £1 2s to £1 6s, ordinary and plain 16s to £1 Is; prime Taung cow and heifer beef £1 to £1 7s, ordinary cow beef 13s to £l, rough beef 6s to 12s; extra heavy prime steers ranged in price from £l3 to £l4 7s 6d, heavy prime steers £lO to £l2, lighter prime £7 to £9 10s, light and unfinished i steers £4 to £6 15s; heavy, prime young cows and heifers £5 los, lighter £3 10s to £4 15s, other cotvs 10s to £3. Fat and young calves were again penned in large numbers. There was a fair demand for light and medium" vealers of good quality. Other classes were considerably lower, and .hard to quit. Runners made from £2 10s to £4, heavy vealers £2 10s to £3 ss, medium £1 15s to £2 7s 6d, light £1 to £1 12s 6d, smaller 10s to 18s, fresh dropped Ss to 10s. Sheep again came forward in large numbers, and values for all classes • were lower. Heavy prime shorn wethers 17s to 18s 9d, woolly 17s 6d to 19s 9d, medium to heavy prime shorn wethers 14s to 16s 9d, woolly 14s 6d to 17s, lighter shorn wethers ■l2s to 13s 9a, unfinished shorn wethers 10s to . Ils 9d; extra heavy prime shorn ewes 12s to 15s, heavy fat ewes 9s 6d to Ils 6d, other killalple. ewes 7s 6d to 9s, cull ewes ‘ls to 5s 6d; shorn hoggets (fat) 10s 6d to 14s 6d; unfinished 7s 6d to 9s 6d (2453 penned). Spring lambs were also penned in large supply: 665, as against 259 last week. This number was in excess of requirements, and valaues suffered a decided drop. Best heavy prime 16s to 18s 9d, lighter prime 13s to 15s 6d, small and plain 9s to 12s 6d. Pigs were yarded in large numbers. The demand was steady, with no alteration in values from last report. Choppers £1 2s 6d to £4 Is; medium to heavy baeoners £4 10s to £4 18s, light baeoners £3 17s 6d to £4 7s 6d; heavy porkers £3 to £3 15s, light to medium £1 12s 6d to £2 17s; store pigs £1 10s to £1 16s; good weaners 14s to £l, small small 5s to 12s.