COMMERCIAL.

Taranaki Daily News, 1 April 1922, Page 2

COMMERCIAL.

COMMONWEALTH LOAN. By Telegraph.—Press Assn.—Copyright. London, March 30. The Commonwealth Government has underwritten a five million 5 per ceht. loan. The price of issue is 96. AUSTRALIAN MARKETS. Melbourne, March 30. Wheat.—ss 8d per bushel. Barley.—English, 4s 3d and 4s 4d; Cape, 3s. Potatoes.— £3 15s to £4 5s per ton. Onions.—£6 5s to £6 10s per ton. THE PIG MARKET. At Newton King, Ltd.’s New Plyimouth haymarket yesterday there was a keener demand for pigs, and prices showed a firm advance. Slips made to 13s, small stores to 17s 6d, and larger 265. THE POULTRY MARKET. Messrs. Webster Bros, reported the following prices at yesterday's poultry sales: Hens 2s Id to 2s'fid; cockerels 2s 7d; young pullets 4s Id; ducks 2s 4d to 2s 6d; geese 3s 3d. L. A. Nolan and Co. reported the following range of prices at their mart yesterday: Hens 2s to 4s; cockerels 2s to 4s 3d; pullets 7s 6d to Ils 6d; pullets (small) 6s; ducks 2s Id to 3s 9d. WAIKATO MARKET. The Farmers’ Co-op. Auctioneering Co., Ltd. (Hamilton), report:— At Hamilton on Tuesday, March 28, we had an average yarding of all classes of stock the whole of which, with small exception, was disposed of. Fat sheep were conspicuously absent, only a few rough lots being penned. Notwithstanding the advance on freezing values prices advanced very little beyond thd previous week values. Forward wethers made to 16s Gd, very forward and fat ewes 14s 2d, forward lambs 13s 6d, ewes in lamib receded somewhat and a number of lines passed in. F.M. made to 12s, store lambs were too plentiful for requirements. Cattle in general were the subject of better competition and every beast changed hands. Fat steers made from £6 Ifis to £7 7s for the best, smaller sorts £4 5s to £5, best cows £3 5s to £4 ss, others £2 5s to £3 ss, 3 and steers advanced and bidding throughout was keen. Tie quality on the average was inferior, 18-months to 2-year sold from £4 Is to £4 7s, empty heifers £1 lOd to £2 6s, steers same age £1 Is to £1 10s. Pigs were yarded in large numbers, fats opening well, but easing as the sale proceeded. Values were below the standard of the previous week. The entry of stores exceeded the demand, buyers only competing for good stores and best weaners. AH others were hard to quit, weedy weaners being practically unsaleable. Baconers made from £3 5s to £3 15s, heavy porkers and light weaners £2 8s to £3, light to medium porkers £1 15s to £2 ss, forward, stores £1 10s to £2 3s, slips 12s to £1 4s, best weaners 10s, small and weedy 3s 6d to 5s 6d.

ADDINGTON STOCK MARKET. IMPROVED DEMAND FOR SHEEP AND LAMBS. Christcfcurch, March 29. At the Addington market to-day there were again very heavy yardings of all classes of stock. Fat and store sheep and fat lambs met an improved market, but beef was again in weaker demand. Store Sheep.—A big -yarding of about 30.000, including Chatham and Nelson sheep. There was a keen sale throughout for all classes, notably forward iambs and wethe’-s, and the passings were negligible. Forward rape lambs realised 15s Id to 17s 9d, good lambs 13s 3d to 14s lOd, medium 10s 3d to 12s 9d, small 7s 9d to 9s lOd, culls 4s 6d to 7s Gd, good 2-tooth l alfbred ewes 26s Gd to 31s, ordinary 17s 9d to 22s Gd. inferior 12s 9d to 15s 9d, good halfbred 4. 6, and 8-tooth ewes 24s 3d, good crossbreds 18s 6d to 21s «d, good 4-tooth ewes 245, ordinary 4,6, and 8-tooth ewes 16s to 18s 3d, inferior 12s 9d to 15s 6d, rape ewes 7s to 10s Gd, culls 2s 6d to 6s Gd, forward 4 and 8-tooth wethers 18s to 20s 9d, ordinary 14s 6d to 21s 6d, inferior low-conditioned 12s 9d to 13s 9d, 2-tooth Ils Gd to 14s 9d. Fat Lambs. —5300 were penned, and there was an active sale, freezers paying from 7%d to 7 7-8 d per lb. Extra prime lambs made 25s 6d to 29s 3d, prim© 22s Gd to 255, medium 19s 6d to 22s 3d, light and unfinished 15s to 19s 3d. Fat Sheep.—An average yarding, and values improved slightly on last week, exporters purchasing the bulk of the lightweight sheep. Extra prime wethers made 26s to 29s 4d, prime 21s 9d to 24s 6d, medium 19s to 21s 6d, light 15s to 18s 9d. Extra prime ewes made 21s to 23s 3d, prime 17s 6d to 20s 6d, mediam 14s to 17s, light 10s to 13s 6d. Fat Cattle.—Another big yarding, totalling 335 head. There was a further easing in values, and, excepting a few prime, pens, the bulk of good beef sold at about. 25s per 1001 b. Extra prime steers made £l5, prime £8 15s to £l2 7s Gd, medium £6 10s to £8 10s, light £4 15s to £6 ss. Prime heifers made £5 to £B, ordinary £2 17s 6d to £4 15s. Prime cows £4 15s to £8 2s 6d, ordinary £2 10s to £4 12s 6d. Vealers. —A satisfactory sale, last week s values being maintained. Runners made £5 16s, good vealers £3 15s to £4 10s, medium £2 to £2 10s, small calves 6s upwards. Store Cattle.—The entry consisted of nondescript lots, and low prices ruled generally. A line of 2-year-old heifers made £3 10s, good yearling heifers £1 15s to £2 ss. Dairy Cattle. —Second and third ealvers close to calving made £8 10s to £l4. .Tune and July ealvers £3 to £7, springing heifers £9 to £l4, cows in milk £3 to £9, aged and inferior cows 15s to £4. Fat Pigs.—A brisker demand ruled for porkers, but baconers were inclined to be easier. Choppers made £2 10s to £4 10s, light baconers £3 10s to £4, heavy £4 5s to £4 15s, extra heavy £5 (average price per lb, G%d), light porkers 47s to 545, heavy 57s to 64s (average price per lb 8d to B*4d). Store Pigs—An improved demand for good sorts. Sows in pig realised £2 12s, good stores 34s 6d to 435, medium 27s 6d to 335, inferior 17s Gd to 255, weaners 6s to 11s.

BURNSIDE STOCK SALE. SHEEP AND LAMBS SLIGHTLY FIRMER. Dunedin, March 29. There were large yardings of fat stock in each department at Burnside to-day. Sheep and lambs sold at slightly firmer values, while fat cattle were easier. Pigs maintained late Cattle.—A large yarding, numbering was offered. The quality on the whole was good. The demand at the opening of the sale was quiet, and a reduction of IJS per head on late rates took place, but conditions improved later, and values had advanced by 5s at the close. Prime ox beef averaged 22s 6d per 1001 b, prime heifer beef 18s to 20s, and inferior was down to 15s. Prime bullocks realised from £9 15s to £ll 10s, medium £8 to £9 ss, lighter kinds from £6 10s upwards. Prime heifers realised from £7 to £B, medium £5 15s to £6 10s, light and aged from £4 upwards. sheep ._A large yarding, numbering 2615 head of medium quality. The sales opened under keen competition Rt an advance of from Is to Is 6d per head on last week’s rates, although the values during the last sale were easier and the opening rates were not maintained, passings being frequent. Very few first-class sheep came forward. Good wether mutton brought up to 4%d per lb, ewe mutton to 3%d. Extra prime heavy-weight wethers realised from 2»s to 30s 3d, prime 23s 6d lighter kinds from 16s 6d upwards. Prime ewes realised from 19s Gd to 22s Gd. medium 16s to 18s, light and aged from 10s upwards. Lambs.—A good yarding, numbering 1204 head of fair quality. Bidding was brisk, both from freezing buyers and butchers, and store sorts were eagerly bought by graziers. Values advanced in consequence, th© prices realised ranging from 16s to 28s Gd per head. These nrices work out at about 7%d per lb. Store Cattle—A large yarding. Several of the pens contained choice animals, but comMPtHrni »«» alank «nd DTIQM showed &O Im-

provement. Half fat cows and young animals were sold at unusually low values. A line of good three-year-old steers, almost fit for butchers, realised up to £7 Ils per head. Pigs.—A medium yarding, which was an improvement on last week's supply, and all classes were well represented. B-aconers and porkers were well competed for at prices on a par • with late rates, but small pigs and suckers showed a decline in values. Best baconers realised from 7d to 7%d per lb, and best porkers from 8d to B%d per lb.