COMMERCIAL.

Taranaki Daily News, 4 March 1922, Page 2

COMMERCIAL.

AUSTRALIAN MARKETS By Telegraph.—Press Assn.—Copyright. Melbourne, March 3. Hides.—Medium and lights a furthing decline, heavies unchanged. Oats.—3s Id to 3s 4d. Barley.—-English 4s 4d to 4s sd, Cap© 3s . I 3s Id. Onions.—£7 10s to £B. Potatoes.— £5 to £5 15s. PRICES FOR PIGS. At Newton King, Ltd.'s New - lymouth haymarket yesterday slips made from 7s to i3s 6d according to size and quality. DAIRY PRODUCE. The local market prices this week are a.s follows (spot cash) :—•

LONDON MARKETS The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their Loudon house under date March 1: New Zealand Frozen Meat.—Lamb, 10% d per lb.; wether and maiden ewe, light, 7 l-8d per lb.; heavy, 6%d per lb.; ewe, light, 6d per lb.; heavy, 5 5-8 d per lb. Beef.—No change in market. Last week’s quotations: Ox, hinds, 4 l-8d per lb., fores 27-8 d per lb.; cow, hinds, 3%d per lb., fores 2d per lb. Messrs. Dalgety and Company, Limited, report having received the following cablegram from their London house, under date FebruButter.—Market dull, onore demand for salted than unsalted. We quote: New Zealand butter, salted, 140 s; Queensland, 128 s; Danish, 184 s; Australian, finest salted, 130 s; unsalted, 130 s; secondary, salted, selling at 2s more than unsalted. Cheese.—Market quiet. . New Zealand, colored, 98s, 102 s, white 86s, 90s; Australian, colored, 88s, 98s, white 82s, 88s. BURNSIDE MARKET. SHEEP VALUES EASIER. Dunedin, March 1. There were full yardings of sheep and, lambs at Burnside to-day. The prices realised for lambs were equal to last week’s rates, but values for sheep were much easier in tone. The lack of competition caused prices to sag. Pigs sold well, and there was a slight improvement in the tone of the fat cattle market. Fat Cattle.-~A small yarding of good quality numbering 180 head. The sale opened under keen competition, and prices were 15s to 20s above those ruling last week, but gradually declined as the sale progressed and closed with prices on a par with last week. Prime ox beef was worth in the vicinity of 255, medium quality being worth- 2s tp 3s less, and cow beef about one pound sterling. Prime bullocks realised from £lO 10s to £l2 10s, medium £8 10s to £lO, light and unfinished sorts from £6 10s upwards. Prime heifers realised from £7 to £B, medium £5 15s to £6 10s, light and aged from £4 upwards. Fat Sheep.—-A large yaiding, numbering 3104 bead, the bulk of which was comprised of ewes. Although there was quite a number of pens of wethers, the demand at the opening of the sales was slack and prices showed a reduction of Is per head. As the sale progressed the slackness in the demand became more noticeable and a further redxictlon of from 2s 6d to 3s per head had to be accepted in order to effect sales. The causes contributing to tl ; is state of affairs were partly owing to butchers holding over supplies from last week, and also owing to a disinclination on the part of freezing buyers to purchase at the prices ruling. Prime wether mutton was worth 3%d, ewe about 2%d. Prime wethers realised from 21s 6d to 24s 6d, medium 18s to 20s, light and unfinished sorts from 16s upwards, prime ewes realised from 16s to 17s 6d, medium 13s to 14s, light and aged, from 10s 6d upwards. Lambs.—A large yarding, numbering 1359 head of mixed quality. Freezing buyers competed with butchers, and prices realised were about on a par with last week’s rates. Values ranged from 15s to 25s per head, wtlch works out on a basis of 6%d per lb.

Store Cattle.—A medium yarding was offered for sale, the majority penned comprising. half to three-parts fat and aged cows. Very few pens of well-bred steers were forward. The deenand was slack and there was no improvement on the low rates lately ruling. Pigs.—A full yarding was offered, all classes being represented. The demand for baconers was a shade better, and prices were about equal to last week's rates. Best baronc; realised from 6%d to 7d per lb, nn-l porkers from 8d to B%d per lb. ADDINGTON MARKET. A VERY SUCCESSFUL SALE. Christchurch, March 1. The fat iamb section was the only one in which pennings were less than the average at Addington to-day. Store sheep were forj ward in heavy numbers. Fat sheep and fat ; cattle were also in over supply. There was an all-round easing, particularly in fat sheep. Store sheep provided one of the biggest, yardings for some years, approximating 30,000 to 40,000. The bulk were lambs, ewes coming next. There was a big proportion of inferior sorts, and although the tpne was easier ic. was a wonderfully successful sale, prices generally being only a shade easier, and a good clearance being effected. Forward rape lambs 14s 9d to 16s Id, good 13s to 14s 6d, medium 10s to 12s 9d, snjall and inferior 7s 6d to 9s 9d, culls 5s Id to 7s; good 4,6, and 8-tooth ewes 17s to 19s Id, fair 14s 9d to 16s 6d, inferior and low-con-ditioned 10s 6d 13s 6d, failing-mouthed 9s to 12s 9d, fair 4-toott; 16s to 19s, 2-tooth 14s to 18s 6d, good 4 and 6-tooth wethers 15s 6d to 17s Id, other wethers 13s to 14s 6d, inferior Ils to 12s fid, 2-tooth 11s 9d ip 14s 3d, cull-tooth Ss 6d io 9s 9d. Fat Lambs.—46so penned, a big proportion unfinished. The demand was scarcely so spirited as last week, freezing values being from 6 7-8 d to 7d. Exira prime lambs 23s 6d to 25s sd, prime 19s 9d to 23s 3d, medium 17s to 19s 6d, light and unfinished 14s 6d to 16s 9d. Fat Sheep.—A big yarding of about thirteen races. The bulk were ewes, and values were down by 2s 6d for wethers and 3s to 3s 6d for all but primest ewes. Exporters bought the bulk of the light-weight ewes. Extra prime wethers 24s to 30s, prime 19s 6d to 23s 6d, medium 17s 3d to 19s 3d, light and unfinished 15§ to 17s, prime ewes 16s 9d to 22s 9d, medium 14s to 16s 6d, light Ils to 13s 9d. Fat Cattle.—There was an easing in values for all but a few pens of extra prime beef. Passings ’ were fairly frequent. Extra prime steers £l4 to £l7, prime £lO 12s 6d to £l3 15s, medium’£B 2s tid to £lO 10s, light and unfinished £6 2s 6d to £B, extra prime cows £lO ss, prime £5 12s 6d to £9, ordinary £3 10s to £5 10s. Vealer calves suitable for butchers' purposes sold well. Runners £5, good vealers £3 15s, medium £2 to £2 ss, small calves 4s upwards. Dairy Cattle. —There was a firm demand for cows just calved or close to calving. Extra good second and third cal vers £l5, good second and third qalvers £8 10s to £l2, good springing heifers £l2, ordinary £7 10s to £lO 4s, aged and inferior cows £1 10s to £4 10s. Fat Pigs.—Tbere was an overflow entry and prices all round were easier. Choppers £2 10s to £4 10S, light baconers £3 10s to £4, heavy £4 10s to £5 (average price per lb 6%d to 6%d), light porkers 50s to 555, heavy 60s to 67s 6d (average price per lb 8d to 9d). Store Pigs.—There was a general easing In prices. Sows in pig to 37s 6d, good stores 82s 6d, weaners Ss to IQs.

Buying. Selling. Eggs 1 11 2 2 Hams ....... 0 11% Bacon (sides) Oil Bacon (rolls) 1 1 Butter (creamery) pats ... 14 Butter (separator) ....... 11