COMMERCIAL.

Taranaki Daily News, 11 February 1922, Page 2

COMMERCIAL.

BRADFORD WOOL MARKET. By Telegraph.—Press Assn.—Copyright. Received Feb. 10, 5.5 p.m. London, Feb. 9-. The Bradford wool market is quiet, with a slightly easier tendency. Users are cautious. At ? B.A.W.R.A. sale in Liverpool merinos were 5 per cent, below the London prices, but there was strong competition at the reduction. Crossbreds were unchanged, and seoureds and sillies were firmer. —Aus.-N.Z. Cable Assn. AUSTRALIAN MARKETS. Sydney, Feb. 9. Oats.—Algerian feed 3s 8d to 3a lOd; white 4s Id to 4s 3d. Maize. —Yellow 5s 2d to 5s 3d; white 4s 9d to ss! Potatoes.—Tasmanian £7 to £B. Onions. —Victorian £7 10s to £ll. Adelaide, Feb. 9. Oats.—3s f.o.b. for parcels. Melbourne, Feb. 10. Hides.—Market irregular; mediums a farthing to a halfpenny lower, teaviea apd light kips unchanged. Barley.—English 4s 4d to 4s 6d, Cape 3s Id to 3s 2d. Oats.—3s to 3s sd. Potatoes. —£3 15s to £4 ss. Onions. —£6 10s to £7 15s. PAYMENTS BY B.A.W.H.A. Sydney, Feb. 10. B.A.W.R.A. has completed arrangements to distribute on May 18 £5,250,000, the balance due on priority wool certificates. Seventyfive thousand cheques will be required for the payment. LOAN FOR VICTORIA. Received Feb. 10, 5.5 p.m. . London, Feb. 9. It is reported a Victorian loan is being floated next we'k. It will probably be for £4,000,000 or £5,000,000. LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cablegram from their London house under date February 8Tallow. —We quote' present spot values for the undernoted descriptions:—Fine mutton, £ 2 2s oer cwt.; good beef, £ 2 0s 3d per cwt.; mixed, £1 15s per cwt. For fine mutton the market is dull. Good demand for other descriptions. New Zealand, frozen meat.—No change in market. ADDINGTON MARKET.

Christchurch, Feb. 8. The yarding at to-day’s Addington market was very large, particularly of fat lambs, and prices for them eased on an average by 2s to 2s 6d per head. Store lambs were a shade easier, whilst mutton met a slightly improved sale, and beef advanced about £2 per head. Store Sheep.—A very large yarding, mostly lambs. The sale was scarcely so keen as last week, but forward rape lambs and good ewes were actively competed for, there being practically a total clearance. Forward rape lambs realised 14s 6d to 17s 4d, good rape lambs 13s to 14s 3d, medium 9s to 12s 6d, small and Inferior 6s 6d to 8s 6d, good halfbred twotooth ewes 18s 6d to 19s 3d, fair four, six, and eight-tooth ewes 13s 6d to 15s, failing-mouth ewes 8s 6d to Ils, good four and six-tooth wethers 13s 6d to 15s 9d, two-tooth wethers 11s to 12s.

Fat Lambs.—The biggest yarding for some years, comprising 10,000 head. The sale opened with about a penny drop on last week’s rates, but improved a* it progressed. The average price was 7 5-8 d to 7%d per lb, representing an easing off of about three farthings on last week. Vendors were not unprepared for the easing, as the rise had been so rapid. Though exporters did not operate with the same confidence as last week, they secured about three-parts of the entry.• Extra prime lambs realised 25s to 30s, prime 21s 6d to 24s 9d, medium 18s to 21s 3d, light and inferior 12s 6d to 17s.

Fat Sheep.—A slightly larger yarding and an improvement of about Is per head In values. Prices were. generally ahead of exporters’ values. Extra prime wethers made 26s 6d to 33s 6d, prime 22a 6d to 265, medium 19s Cd to 22s 3d, Inferior 15s to 19s, extra prime ewes to 245. prime 18s to 225, medium 15s to 17s 9d, inferior 10s 6d to 14s 9d.

Fat Cattle.—A small yarding and a sharp recovery in values. Best beef made up to 35s per 1001 b, whilst, a good deal of secondary beef sold at 22s 6d to 27s 6d. Extra prime steers realised £l4 15s to £l6 Iss, prime £lO 10s to £l4. medium £7 17s 6d to £lO ss, inferior £5 15s to £7 12s 6d, prime heifers £6 15s to £8 7s 6d, ordinary £5 5s to £6 12s 6d, extra prime cows £lO ss, prime £6 to £8 ss, ordinary £3 12s 6d to £5 15s.

Vealers. 1 —A small entry. Runners made £4 2s 6d, good vealers £2 12s 6d to £3, medium £1 12s 6d to £1 15s, small calves 3s upwards.

Store Cattle.—A smal entry. Three-year-old steers realised £3 10s to £3 15s, two-year-old steers £2 2s 6d to £2 12s 6d, yearlings £1 2s-6d to £1 10s, two-year-old heifers £3 10s to £4, yearling and 18-month-old £2 2s Cd to £2 12s 6d, medium cows £1 5s to £1 12s Cd. inferior cows 15s to £l. 2s 6d.

Dairy Cattle.—A big yarding of indifferent quality. Good second and third calvers £8 to £l2 10s, good springing heifers £lO 10s to £l4, average springing heifers £5 to £8 10s, good cows in milk, just calved £9 to £l3, aged and inferior cows JOs to £4 10s. , Fat Pigs.—A small entry and Letter prices. Choppers ntn.de £3 to £5, light baconers £3 10s to £4 ss, heavy £4 10s to £5. (average price per lb 6%d), light porkers £2 15s to £3, heavy £3 2s to £3 8s "(average price per lb lOd to KPAd). Store Pigs.—A small yarding, and prices advanced in consequence. Good stores 45s to 51s, medium 34s to 40s, weauers 15s to 275, small weaners 8s to 12s. BURNSIDE STOCK SALE. Dunedin, Feb. 8. With the exception of cattle there were only moderate yardings at Burnside to-day. Sheep sold well, but current prices for cattle were not maintained. Fat Cattle.—A large yarding of fair quality, numbering 254 head. The demand was slack at the commencement of the sale, and the advance in prices obtained at last week’s sale was not sustained. The prices were not even equal to those which ruled a fortnight ago, the decline being about 15s per head. Prime ox beef was worth 23s per 1001 b, prime bullocks realised from £ll to £l2 7s 6d, medium £8 to £lO, lighter kinds from £7 upwards. Prime heifers realised from £7 10s to £8 15s, medium £6 5s to £7, light and aged from £4 10s upwards.

Sheep.—A moderate yarding of mixed quality, numbering 1995 head. The standard was not up to chat of late offerings. The sale opened under good competition, prime wethers being most in demand, and an increase of Is to Is 6d per head above last week’s values was quickly noticeable. At the closing stages of the sale the demand eased off, prices being only equal to those ruling last week. Prime wether mutton was worth in the vicinity of 3%d per lb. Extra prime heavyweight wethers realised from 28s 3d to 32s 3d, prime 24s to 27s 3d, medium 19s to 235, lighter kinds froin 16s upwards. Extra prime heavyweight ewes realised up to 22s 9d, prime 19s to 21b 3d, medium 16s to 18s, light and aged from Ils 6d upwards.

Lambs.—A moderate yarding, numbering 930 head of good quality. Freezing buyers did not evince the same eagerness to secure supplies which was manifested at last week’s sale, and a reduction in values of about 2s per head took place. Values ranged from . 14s to 26s Cd per head, prime lamb barely reaching 74 per lb.

Store Cattle.—A good yarding of mixed sorts. The demand for aged cows, even when in good condition, was very slack. There does not appear to be any outlet at present for this class of animal. The market for good steers showed a more healthy tone, and a slight rise In values was obtained. Good two-year-old steers showing breeding made up to £4 12s per head, well-bred heifers showing breeding up to* £4 2s, and aged cows up to £ 3 Bs. Figs.—A medium yarding, all classes being

represented, The demand...»as good, clearance was effected at an advance of from 7s 6d to ,10s per head above late rates. Best baconers realised from- 6d to 7d per ib, and best porkers from 7d to 8d per lb.

WAIKATO STOCK MARKET.

The Farmers' Co-op. Auctioneering Co., Ltd., report:—

At Hamilton on Tuesday, February 8, all classes of stock drew excellent competition. Sheep were equal in ’value to the previous week, but cattle and pigs improved considerably. The supply of mutton was limited and short of requirements. Ewes made to 17s, plain quality mixed sheep to IBs 6d, fat lambs reached 26s 3d for the best, forward shorn lambs to 15s, rape lambs were again wanted and made to 14s 3d, smaller Ils 2d to Ils lid, small store lambs from 5s 9d to, 7s 9d. A line of 4 and 5-year breeding eWes, good frame, sold at 17s 9d for the first draftt Fat cattle advanced in value, especially cows,, which made from £3 15s to best steers to £7 7s fid, plainer sorts from £6 2i, fresh conditioned cows £ 215 s t 5 '£ 3 Ids’. Some good 3%-year steers were penned and sold under strong competition making up to £5 Ils. Baconers made to £3 13s, porkers from 37s to £3, slips £1 to £1 10s, wfeaners 9s to 16s 6d, small pigs from ss.