COMMERCIAL.

Taranaki Daily News, 21 January 1922, Page 2

COMMERCIAL.

S LONDON MONEY MARKET. By Telegraph.—Press Assn.—Copyright. London, Jan. 18. Consols are quoted at £52 15s. The Commonwealth loan closed a day and a half before the date fixed. Applicants up to £5OO receive full allotment, those above that sum 70 per cent. /• AUSTRALIAN MARKETS. Melbourne, Jan. 20. Barley. 4s 4d to 4s 7d per bushel. Oats. —3s Id and 3s 6d. Maize.—ss and 5s Id. Potatoes.— £4 and £4 15s per ton. Onions. — £7 and £7 5s per ton. Hides are in keen demand said advanced one farthing. Kips are firm and unchanged. , THE TALLOW MARKET. London, Jan. 18. At the tallow sales 2816 casks were offered and 297 sold at late rates to 6d decline; mutton 42s 6d to 38s, beef 42s to 37s 6d. LONDON WOOL MARKET. London, Jan. 18. At a mixed wool sale mere was a large offering. Merinos, especially scoureds. met with Very good competition, the Continent, including Germany, operating freely. There was also some demand from the United States. Best sorts were 5 per cent, above the opening rates; average lots at full rates; crossbreds in brisk demand at full prices. The following cable, dated 17th inst., has been received from Messrs. Newton King, Ltd., from their London agents, Messrs. Sanderson, Murray, and Co.: “Market continues strong; increased Continental competition. Merinos advanced 5 per cent.; slipe crossbred advanced 5 per cent, to 10 per cent.; all other descriptions of wool show a hardening tendency.” ~ POULTRY SALES. The New Plymouth marts report the following range of prices for poultry; — L. A. Nolan and Co.—Hens, Is 7d to 2s 7d; cockerels, Is lOd to 2s 3d, small 0d to Is 3d; ducks Is 9d to 2s 4d; ducklings Is 2d to 2s 6d. Webster Bros. —‘Hens Is 9d to 2s 6d, cockerels 8d to 9d, chicks fid to 9d, ducks 2s to 2s 6d. THE PIG MARKET. At Newton King, Ltd.’s, New Plymouth. haymarket yesterday slips made up to Bs, and small stores to 13s. ADDINGTON STOCK MARKET.

■SHARP ADVANCE ALMOST ALL ROUND.

Christchurch, January 18. The stock market at Addington today was the best for a long time. Practically every section of stock showed a sharp advance. Fat lambs improved by 3s to 3s fid per head, fat sheep by 2s, and prime steer beef by 50s- to 60s. Store sheep also met with a free sale, in marked contrast to recent markets.

Store Sheep.—The largest yarding for some time and the best sale for all classes, particularly rape lambs, which met with a keen demand. Prices for all sections were well in advance of late rates. Fair 4-tooth wethers realised Ils 7d; fair 2 and 4-tooth wethers 10s 6d; ordinary 6 and 8-tooth wethers, 8s to 9s 3d; cull 6 and S-tooth wethers, 4s lid to 7s 6d; good forward lambs, 13s 5d to 14s; ordinary lambs, 10s to 10s 9d; cull lambs, 6s Id. to 7s 6d; soundmouthed ewes (low conditioned) and lambs, 5s (all counted); 5-year ewes and lambs, 8s lOd (all counted); 2tooth ewes, 10s Id to 13s Id; 4-tooth ewes, 13s Id; 4 and 6-tooth ewes, !)s 2d to 10s lid.

Fat Lambs.—33oo were penned, compared with 3630 last week. A spirited demand was created by export buyers, who bought the bulk of the yarding at practically 64d per lb, a few choice lots going to butchers at near 7d. Extra prime lambs realised 25s to 30s; prime, 19s to 22s 3d; medium, 16s 9d to 18s 9d; inferior, 13s 5d tp 16s 6d. Fat Sheep.—An average yarding and a freer sale. All the heavy-weight mutton went to butchers, but exporters paid up to 17s for lighter wether mutton and took a fair share of ewe mutton. Extra prime wethers realised. 22s to 26s 6d; prime, 18s 6d to 21s fid; medium, 16s to 18s; inferior, 13s to 15s 6d; prime ewes, 13s 9d to 16s -7d; medium, Ils fid to 13s 6d; inferior, 8s 6d to Ils. Fat Cattle. —A sharp recovery, extra .prime beef bringing 35s per 1001 b, and good beef 30s to 32s fid. A total clearance was made, extra prime steers realising £l7; prime, £l5; medium, £8 5s to £11; lighter steers, £7 10s; prime heifers, £7 10s to £9 12s fid; ordinary, £4 17s fid to £7 2s 6d; prime cows, £5 17s fid to £9 ss; ordinary, £3 15s to £5 10s.

Vealers. —A moderate supply, and prices' were somewhat easier. Runners sol 4 at £3 17s fid; good vealers, £2 to £2 15s; small, 12s 6d to £156; small calves, os to 10s.

Dairy Cattle.—Extra good second and third calvers, close to calving, realised £l3 to £l6 10s; good second and third calvers, £9 10s to £l2 10s; ordinary second and third calyers, £5 10s to £9; good springing heifers, £9 10s to £l4; ordinary, £5 to £9; inferior aged cows and time in milk, 30s to £4 10s; young cows, just calved, ,£6 10s to £9.

Store Cattle. —Two-year-old steers realised £1 15s to £2 10s; yearlings, 15s to 255; 18-month-old heifers, £2 10s; 3-year-olds, £3 10s; medium cows, 23s 6d to 28s 6d; inferipr, 10s to 15s; bulls, £.2 to £3.

£at Pigs.—Choppers, £2 7s 6d to £2 123*64; light baconers, £2 12s fid to £3 ss; heavy baconers, £3 10s to £4 (average price per lb, 5Jd to ojd); light porkers, £1 15s to £2; heavy porkers, £2 5s to £2-7s Cd (average price per lb. fid to 7d). Store Pigs.—Medium stores, 18s to 30s; small stores, 14s to 17s; weaners, 8s to 13s. i

,BURNSIDE STOCK SALE. PRICES DECIDEDLY HIGHER FOR SHEEP AND LAMBS. -Dunedin, Jan. 18. Prices for sheep and lambs were again decidedly higher at the Burnside sales to-day. ’ The yardings of both classes were small and competition in consequence was keen. During the past two weeks values for sheep and lambs have advanced from fis to per head. Tlub

has been brought about by the short supplies coming forward, which ia evidently due to farmers curtailing consignments until the local freezing works commence operations. There was a good yarding of fat cattle, and prices were about equal to last week’s rates. Pigs were in good supply, and prices for this class were firm.

Sheep.—A medium yarding, numbering 1435 head. The quality,- with the exception of a few pens, was of a secondary description. Competition was keen and prices showed an advance of from 3s to 4s above last week’s rates. Extra prime heavy wethers realised up to 27s fid, prime 22s to 255, medium 16s to 20s, lighter kinds from 14s fid upwards. Extra prime heavy ewes realised up to 20s, prime 17s to 18s fid, medium 15s to 17s, light and aged from 12s upwards. Lambs.—A small yarding, numbering 256 head. The quality on the whole was good. Competition was very keen, and the prices realised were fully 3s to 4s per ) ">ad in advance of those obtained at the previous sale. Prime lambs made up to 27s 6d, medium 20s to 255, others from 18s to 20s.

Fat Cattle.—A medium yarding numbering 195 head. The quality on the whole was good. Competition was brisk and the prices realised were on a par with late rates. Prime bullocks realised from £ll 10s to £l2 10s, njedium £9 10s to £ll, light and unfinished sorts from £7 upwards. Prime heifers realised from £7 10s to £9 10s, medium £6 to £7, light and aged from ,£4 10s upwards. Store Cattle.—A medium yarding of mixed quality. The yarding included a few pens of average three-year-old bullocks and fat cows. The latter were disposed of at cheap rates. Pigs.—A good yarding, comprising mostly baconers. Competition was fairly brisk and the tone of the market was brighter. Porkers sold well at an advance of about 8s per head, and best baconers realised fully 5s per head above last week’s rates. I WAIKATO MARKET. The Farmers’ Co-op. Auctioneering Co. Ltd., report:—At Hamilton on Tuesday, January 17, we had a good yarding of. sheep and pigs, but cattle, with the exception of beef, were not strongly represented. Beef 1 advanced in value somewhat, best steers making from £6 2s to £7 10s, lighter weights £4 15s to £5, fat cows £2 10s to £3 17s 6d, yearling steers 28s. Mutton also advanced in value, fat ewes making from Ils 9d to 12s Id, fat lambs from 15s lid to 16s 7d, store lambs 6s 6d to 7s 6d, others 5s to 6s 3d. Pigs showed a considerable improvement, baconers making to £2 7s, porkers 28s to 38s, slips 15s to 22s fid, weaners Is 9<f to 6s fid.