COMMERCIAL.

Taranaki Daily News, 13 May 1922, Page 2

COMMERCIAL.

LONDON MARKETSBy Telegraph.—Press Assn.—Copyright. London, May 11. Despite the bearish rendering of the Washington Bureau report cargoes are full steady. Australians are active, owing to cheaper resellers. The Kenilworth cargo broujnt 57s 3d; Iskra, Springburn and Faxen, 57s 6d. . Parcels of Australian on passage, 59s 9d; a parcel at Liverpool, ex Trevithick, 57s Tallow. —-Six hundred and ninety casks offered, 162 sold, prices unchanged. The Borda’s apples have been discharged apparently in good condition. South Australian Cleopatras are fetching 12s 6d to 13s 6d; the Peshawar’s New Zealand apples are in somewhat variable condition. Jonathans brought 10s to 14s; London Pippins, Ils to 13s; Dunns, 10s to 12s 6d; Alfrlstons, 10s; King Davids 10s; Cox’s 10s to 14s 6d; a few 20s. The wool sales continue to harden. There is a good Home and Continental demand for all merinos, especially average top-making sorts. There is an equally good demand for crossbreds; low medium are now at 10 per cent, above opening prices. Received Maj- 12, 5.5 p.m. London, May 11. The Wanaratta’s New Zealand apples were mostly in fair condition. Some turned brown inside, similar to those on the Armagh. Tho others brought 12s 6d to 13s; Cox’s, 12s 6d to 16s.

AUSTRALIAN MARKETS. Melbourne, May 12. Barley.—English, 3a lid to 4s; 2a lOd to 2s lid. Oats.—3s 4d to 3s sd. Potatoes.— £4 to £4 15s. Onions. — £6. THE LEAD MARKET. Received May 12, 5.5 p.m. London, May 11. Lead imports total 14.180. including Australian, 54C0. Exports total 2433. THE PIG MARKET. At Newton King, Ltd.’s, New Plymouth Haymarket yesterday weaner pigs made from 7a to 8s 6d; slips, Ils; stores, to 20s. WAIKATO MARKET. The Farmers’ Co-op. Auctioneering Co., Ltd., Hamilton, reports: At Hamilton, on Tuesday, May 9, we had an average yarding of cattle and sheep, but the entry of pigs was below the usual standard. Competition for beef was dull and spiritless. Lightweight steers made from £3 19s to £4 9s: good cows and heifers, £4 to £4 Ils: lightweights, £2 15s to £3 12s fid: no grown steers were penned: store cows made from £1 to £1 7s 6d. The enquiry for in-calf heifers seemed to collapse, and most of the lines were passed at auction. Best offer for 2%-year Shorthorn was about £6 10s: two-year-olds, about £4 10s; calves were in brisk demand and sold readily nt advanced rates; Shorthorn heifers made to 26s for medium quality; smaller, from 22s to 275. Fat sheep did not maintain the recent advance made, althougli most of the entry was cleared. Wethers made to 26s Id; ewes, to 25s fid: unfinished ewes, from 16s to 18s: fat lamhs (medium), 17s; ewes in lamb drew fair competition, making up to 20s fid: two-tooth store wethers, 19s to 21s: good store lambs 13s 6d to 14s 6d; backward and low-cond’t.toned sorts, 16s. The entry of pigs was smaller than recent, sales, with fewer fat buyers operating, resulting in lower values. Porkers were more affected than baconers. There was little alteration In stores. Heavy baconers made to £3 16s; medium, £2 5s to £3 6s: heavy porkers to light baconers, £2 to £2 14s; light to medium porkers. £1 10s to £1 18s; unfinished porkers and stores, £1 to £1 8s: slips, 12s to 18s; weaners, 5s to Ss. BURNSIDE MARKET. LAMBS IN MODERATE SUPPLY. Dunedin, May 10. There were large yardlngs of sheep, cattle and pigs offered at the Burnside sales today, but lambs were in only moderate supply. There was nothing of an outstanding character in connection with .the sale, prices being much the same as the late ruling rates. There was a buyer in the market for animals suitable for boning-out purposes, and this caused an improvement in values for that particular class. The yarding of pigs was one of the largest seen at Burnside for some con-, stderable time past, no less than 200 head being trucked in from outside districts.

Fat Cattle.—A yarding, numbering 250 head of fair quality. The demand was not brisk, and prices showed a. decline of 20s per head. Prime ox beef brought up to 26s per 1001 b, medium 24s to 255; heifer beef, 20s: cow. 18s. on late rates: prime bullocks realised from £lO to £l2; medium, £7 10s to £9; light and unfinished sorts, from £6 upwards; prime heifers realised from £6 10s to £7 10s; medium, £5 to £6; light and aged, from £4 upwards. '

Sheep.—A large yarding, numbering 3580 head. A good proportion of the yarding consisted of fair quality wethers, the balance being made up of good and inferior quality ewes. For all prime heavyweight ewes and wethers prices back to the extent of Is to 2s per head, but lightweight ewes and wethers suitable for freezing purposes were sold at prices about on a par with late rates. Prime heavy wether mutton was worth 4d to 4%d per lb; light ditto, 4%d; heavy ewes, 3d; light ewes, 3%d. Extra prime heavyweight wethers realised from 30s to 32s 6d; prime, 24s to 28s; medium, 21s tn 235; lighter kinds, from 17s 6d upwards : extra prime heavyweight ewes realised up to 24s 9d: prime, 19s to 225; medium, 16s to 18s; light and aged, from 10s upwards.

Lambs.—A moderate yarding of medium quality, numbering 795 head. Freezing buyers were not operating so keenly, and the market showed a weakening tendency. Values were back to the extent of Is Gd per head. This works out at a basis of from 8d to B%d per lb. For first-quality lambs prices ranged from 18s to 30s per head.

Store Cattle.—An overflowing yarding was offered, which included three pens of fat and well-bred cows. There was good competition amongst butchers for this class, and satisfactory prices were realised, ranging from £4 to £5 10s per head. The bulk of the yarding comprised young steers in backward condition, and these sold at very low prices. Other classes, suitable for boning-out purposes, sold at improved rates. Pigs.—An exceptionally large yarding was offered., all classes being (veil represented. Competition was good, considering the large supply, which was due, in a large measure, to the fact that bacon-curers were anxious to stock up. Prices for baconers were practically on a par with late rates, but porkers were a shade easier. Prime baconers realised from 6d to 6%d per lb, and prime pr*’’ars from 6}£d to 7%d per lb. ADDINGTON MARKET. SLIGHT EASING IN VALUES. Christchurch, May 10. At the Addington market there were big yardlngs of stock In all sections, and there was a slight easing in values, except for breeding ewes. Store Sheep.—A big yarding for this time of the year. Wethers and lambs were not in such keen demand. Forward lambs made from 14s 6d to 16s sd; good, 13s to 14s; medium, 10s Od to 12s 6d; small, 8s 9d to 10s; cull, fis Gd to 8s Gd; good halfbred ewe 20s 6d to 245; others, 10s to 17s; good four and six-tooth ewes. 21s to 265; good, 20s to 23s Gd; ordinary, 16s to 19s Gd; fair two and four-tooth ewes. 19s sd; inferior and low--ondltionsd four and six-tooth ewus, 12a an

to 15s; failing-mouth ewes, 10s to 13s; aged, I 3s Gd to 9s; forward four and six-tooth we- , thers, 19a to 20s; fairly good* 17s io 18s 9d; two-tooth, 13s to 15s. Fat Lambs.—A yarding of 5450, compared with 6430 last week. Prices, all round, were a shade weaker, averaging about 7%d per lb. Extra prime lambs made from 25s to 38s; prime, 21s 9d to 24s Gd; medium, 19s 3d to 21s 6d; light and unfinished, 16s 6d to 19s 9d. Fat Sheep.—A very heavy yarding and an easier sale for big sheep, particularly ewes, which comprised the greater part of the entry. Extra prime wethers brought from 27s to 33s 6d; prime, 22s 9d to 26s 9d; medium, 19s 9d to 22s 6d; lighter, 17s to 19s 6d; extra prime ewes, 23s to 24s 9d; prime, 19s to 22s 9d; medium, 14s 9d to 18s 9d; lighter, Ils 6d to 14s 6d; old, Ss 9d to Ils 3d. Fat Cattle. — A yarding of 508, which is practically a record. Prices showed an allround easing, though there was a good clearance. Extra prime steers made from £l4 to £l5; prime, £lO 5s to £l3 10s; medium, £7 12s 6d to £10; inferior, £6 5s to £7 10s; extra prime heifers, £8 10s to £lO 10s; prime, £5 12s. 6d to £8 ss; ordinary, £4 to £5 10s; prime cows, £5 to £7 15s; ordinary, £3 10s to £4 15ST-OM, £2 5s to £2 7s 6d. Vealers.—Prices wgre lower than last sale. Runners brought £5; good vealers, £3 5s to £4; medium, £1 5s to £2; small calves, 3s upwards. . . •. ...r Store Cattle.—Heifers for dairying were In demand. Three—and four-year. steers made from £5 12s Gd to £6;- two-year, £2 15s to £3 155.; yearling,; £1 GA to £1 ITS; three-year heifers (milking sorts), £5 10s to £6; three-year empty heifers, £2 15s to £3 lb’s; two-year, £2los to £3 ss; yearlings, £2 5s to £2 7s Gd; medium cows, 20s to 265. Dairy Cattle.—Extra good second and third calvers brought from £l5 to £25; good, £8 to £l4 10s; good springing heifers, £8 10s to £l2; cows in milk, for some time, £5; aged and inferior cows, 10s to £4 10s. Fat Pigs.—Porkers and baconers were in over supply. Choppers made from £2 10s to £4 10s; light baconers, £3 5s to £4; heavy, £4 5s to £5 5s (average price per lb, 6d) ; light porkers, £1 8s to £2 ss; heavy £2 7s to £3 (average price per lb, 6d to 8d). Store Pigs.—A somewhat substantial decline in prices was shown. Medium stores brought from £1 7s Gd to £1 15s; small, 15s to £1 ss; weaners, 5s to 10s.