COMMERCIAL.

Taranaki Daily News, 25 February 1922, Page 2

COMMERCIAL.

LONDON DAIRY PRODUCE. PRICES STEADY. By Telegraph.—Press Assn.—Copyright. London, Feb. 23. Unsalted butter is easier, as supplies have increased considerably. Choicest salted is scarcely so firm, but all oth<s are meeting excellent demand and arrivals are clearing well. New Zealand, unsalted, 144 s to 1465; salted, choicest 138 s to 140 s, exceptional 1425; secondary, 130 s to 1355. Australian, choicest unsalted 135 s to 1365; salted, choicest 126 s to 128 s, exceptional 130 s; secondary, 116 s to 1225. Cheese. —Slow. New Zealand, best white 88s to 90s, colored 98s to 100 s. Australian, white 86s to 88s, colored somewhat Seated. Bradford wool, dull and easier; 64’s, 4s; 60’s, 41d; 58’s, 36d; 48’s, 16d; 46’s, 13d. AUSTRALIAN MARKETS. Melbourne, Feb. 24. Barley, 4s 4d to 4s sd; Cape, 3s to 3s Id. Oats, 3s 3d to 3s sd. Potatoes, £4 10s to £5 10s. Onions, £8 to £8 ssi B.A.W.R.A. WOOL. THE LATEST FIGURES. Sydney, Feb. 24. Bawra has issued a statement showing that the stocks of wool at the end of 1921 totalled 1,176,000 bales Australian and 634,000 bales New Zealand. During January 75,000 bales of Australian and 33,000 bales of New Zealand wool held were disposed of. Stocks of carry-over on February 1 amounted to 1,702,000 bales Australian (365,000 £>ales merino, 730,000 bales crossbred) and 601,000 bales of New Zealand. The latter consisted of 3000 bales merino, 355,000 bales crossbred, 121,000 bales slipes, and 122,000 bales scoured.

LONDON MARKETS. Messrs. Dalgety and Company, Ltd., report having received the following cablegram from their London house, under date February 22: —“2000 casks tallow offered, 1500 casks tallow sold. Prices are about the same as those ruling last week. Fine mutton sold at 42s 6d; good mixed 415.” The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following cablegram from their London house, under date February 22: Tallow. —We quote present spot values for the following descriptions: — Fine mutt-on, 42s 6d per cwt.; good beef, 41s 3d per cwt.; mixed 36s per cwt. Market quiet. N.Z. Frozen Meat.—Lamb and mutton—quotations unchanged. Last quotations: Lamb, 10}d per lb.; wether and maiden ewe, light, 7|d per lb.; heavy, 6|d per lb.; ewe, light, per lb.; heavy s§d per lb. Beef. —Ox hinds, 4Jd per lb.;‘ fores, 2£d per lb.; cow hinds, 3Jd per lb.; fores, 2d per lb. Quotations nominal. Market stagnant. THE PIG MARKE . At Newton King, Ltd.’s New Plymouth haymarket yesterday a few slips were penned, and prices ranged from 7s 6d to 13s 6d. POULTRY MARKET. Messrs. Nolan and Co. report; Pullets, 6s 3d to 10s; hens, Is 4d to 3s 4d; cockerels, small, 3d to Bd, large Is 6d to 2s Id; geese, 3s; ducks, Is 9d to 2s 3d. Webster Bros, report: Cockerels, young, Is 9d to 2s 6d; hens, Is 9d to 2s; chicks, 8d to 9d; drakes, 2s 6d.

INGLEWOOD SALE. (From Our Own Correspondent.) Newton King Ltd.’s sale yards, Dudley Road, Inglewood, were well attended on Wednesday last and there was a full yarding of sheep and cattle. No great difference in prices of stock was noticeable, buyers being willing to pay up to late rates. Vendors wanting a rise are reluctant to sell at any lower prices. In young stock the heifers only attracted attention, steers being conspicuous by their absence. Weaner steers sold for 15s, mixed weaner heifers for 20s to 30s, Jersey weaner heifers for 50s to 60s, 24-year steers made £2 12s 6d, ordinary 20-months empty heifers 47s 6d to 50s, better quality with Jersey tendency 60s, store cows 20s to 30s, fat cows up to 82s and bulls 20s to 455, woolly lambs Ils 6d. shorn 8s 4d, culls up to ss, 2-tooth wethers 12s 6d, 4 to 6tooth ewes 13s, and f.m. ewes 8e to 10s. ADDINGTON STOCK MARKET. BEEF AND MUTTON VALUES SLIGHTLY BETTER. Christchurch, Feb. 22. There were smaller yardlngs of fat stock at Addington to-day, and values for beef and mutton were slightly better. Fat laanbs on the average sold at last week’s rates. Store Sheep.—The biggest yarding of the season, there being an overflow of lambs. There was a particularly keen inquiry for breeding ewes and rape lambs, and practically a total clearance was made. The inquiry for rape lambs was very strong, considering the steadying of the fat lamb demand. Forward rape lambs made 15s 6d to 18s 9d, good lambs 13s Cd to 15s, medium 10s to 13s, small and inferior 8s to 9s 6d, cull 5s 5d to 7s Cd. Good six and eighttooth ewes 19s Cd to 21b 9d, lss to 18s 6d, inferior 10s 9d to 14s 3d, failing mouthed 9s Cd to 13s 6d, two-tooth wethers 15s 6d to 17s 6d, ordinary 13s to 14s 9d, inferior six and eight-tooth 12s 3d. two-tooth 12s 9d to 14s 3d, cull 8? Id to 9s 9d. Fat Sheep.—A slightly larger yarding, but good wethers were scarce, and values appreciated. Freezers secured a proportion of secondary mutton, principally ewes, at a stade better prices than previously. Extra prime wethers <»ade 28s to 34s Id, prime 22s to 265, medium 18s 6d to 21s 6d, light and Inferior 15s 6d to 18s. Extra prime ewes 25s Id, prime 17s 9d to 225, medium 15s to 17s 6d, light and inferior Ils to 14s Cd.

Fat Lambs.—A yarding of 6400 compared with 9730 last week. A big proportion were light lambs. The demand at the opening was scarcely up to last week’s, but it improved, and the sale finished animatedly, On the average prices were about the same as last week, a full 7d per lb. Some butchers’ lots brought up to 7*&d. Graziers secured a proportion of unfinished sorts. E’xtra prime lambs made 23s Cd to 28s, prime 20s to 235, medium 14s 3d to 20s, light and inferior 14s 9d to 17s.

Fat Cattle.—Good steer beef sold better, making up to 30s per 1001 b, but secondary was difficult to quit. Extra prime steers made £l4 10s to £l6 15s. prime £ll to £l4 ss, medium £8 5s to £lO 15s, light £6 17s 6d to £B. Prime heifers £6 to £8 2s Sd, ordinary £3 15s to £5 15s. Xxua prime

cows £ll. 15s, -prime £5 15s to £9 4s 6d; ordinary £3 7s 6d to £5 10s. Vealers.—Prices were better all round. Runners made £4 7s Cd, good vealers £2 15s to £3 10s, medium £2 to £2 ss, small calves 4s upwards. Dairy Cattle.—A good demand ruled for cows just calved or on the point of calving. Good second and third calvers made £8 to £l2 10s, ordinary £4 10s to £7 10s, extra good springing heifers £7 10s to £ll 10s, aged and inferior cows £1 10s to £4. Fat Pigs.—A big entry and a good demand, but prices were slightly easier. Choppers made £3 10s to £5, light baconers £3 15s to £4 10s, heavy £4 15s to £5 12s (average price per lb 6Vfcd to 7d). light porkers 50s to 555, heavy GOs to 70s (average price per lb B%d to 9d). Store Pigs.—Prices ail round were easier by about 5s per head. Large stores made 40s to 635, medium 25s to 375, good weaners 12s to 14s, small 5s 4d to Ils. BURNSIDE STOCK SALE. PRICES EASIER. Dunedin, Feb. 22. The Burnside stock sale was well supplied In each department of fat stock to-day. While the competition was better than that of a few weeks ago, prices for sheep, lambs, and cattle were easier in tone than those which ruled at last week's sale, but pigs maintained late rates. The quality on the whole was good. It was noticeable that freezing buyers were not so eager to secure supplies unless they could do so below their recent buying limits.

Fat cattle.—:A large yarding, numbering 234 head of mixed quality. Th,e demand at the commencement of the sale was not quite up to that of last week, and the increase in values obtained at last sale was not maintained to-day, prices being equivalent to those which ruled a fortnight ago. At the close, however, some country butchers took a hand, and the last few pens disposed of brought 10s to 15s per head over last week’s rates. Prime ox beef sold in the v\inity of 25s per IttOlb, handy weights being most in demand. Pritne bullocks realised from £9 10a to £ll, medium £7 10s to £8 15s, light and unfinished sorts £6 upwards. Prime heifers realised from £7 5s to £8 ss, medium £6 to £6 15s, light and aged from £4 10s upwards.

Sheep.—A large yarding, numbering 3458 head. Tliere was a god number of yrethers, but the bulk of the yarding consisted of ewes. The demand at the outset of the sale was weak, more particularly for heavy-weight wethers and heavy-weight ewes. Ewes suitable for breeding purposes met with good competition at late rates. As the sale progressed there was no improvement shown in the heavy-weight classes mentioned, tnese suffering a decline of 2s 6d to 3s per head as compared with last week’s rates. Prime wether mutton brought in the vicinity of 3%d per lb, and ewe mutton down to 2%d. Extra prime heavyweight wethers realised up to 275, prime from 21s 6d to 24s 3d, medium 18s 6d to 20s 6d. light and unfinished sorts from 16s upwards. Prime ewes made 17s to 19s 3d, medium 15s to 16s Cd, light and aged 12s upwards. Lambs.—A large yarding of fair quality, numbering 1614 head. There was a slackness in the bidding, freezing buyers showing a disposition to act cautiously. Their buying limits had evidently been restricted, and the result was that values were lower to the extent of Is 6d per head. This represents a buying basis of 7d per lb. Prime heavy lambs made 24s to 25s 6d, medium 18s to 19s 9d. Store Cattle.—A medium yarding, mostly of yearlings and aged covfs. The demand was lifeless, and it was very difficult to effect sales. Yearlings sold at 255, and aged cows from £1 to £3 10s. Dairy Cows. —A full yarding, prices being easier by 7s Cd to 15s compared with last week's prices. Pigs.—A good yarding, all classes being well represented, and meeting with good competition at prices about equal to late ruling rates. Best baconers realised from 6%d to 7*4d per lb, and best porkers from 7%d to BH»d per lb.