COMMERCIAL.

Taranaki Daily News, 10 June 1922, Page 2

COMMERCIAL.

I AUSTRALIAN MARKETS. By Telegraph.—Press Assn —Copyright. Sydney, June 8. Oats.—Algerian feed, local 3s lid to 4s; Tasmanian, 4s 2d; white, 4s 2d to 4s 4d. Maize.—Yellow, 5s Id; white, 4s lOd. Potatoes.—Tasmianian, £6 10s. Onions. —Victorian, £8 to £8 10s. Adelaide, June 8. ‘ Oats, 3s to 3s Id. . • Melbourne, June 9. Hides. —Market irregular and competition slack. Kips declined a farthing to a halfpenny, other sorts unchanged. Barley.—English 4s, Cape 3s. . Oats, 3s 2d to 3s 4d. Potatoes, £3 10s to £4 15s. Onions, £5 10s to £6. FAMOUS WOOL CLIP. Sydney, June 9. The famous Dunlop wool clip, always previously sold in London, was offered yesterday in Sydney and elicited the deepest competition, prices ranging from 40d to 43%d per lb. This established three records for .the Sydney market. BUTTER AND CHEESE FIRMER. London, June 8. Butter.—Very firin owing to a temporary shortage of supplies pending the arrival of several steamers. New Zealand choicest r,i l7Bs to 180 s, Australian 170 s to 1725. Cheese.—A strong market, largely owing to American purchases of Canadian, which Is now quoted at 81s. For New Zealand spot the price is 80s to 82s. Australian, nominal till new arrivals next week. Wool. —Bradford wool is quiet with a holiday tone. Quotations are unchanged. The tendency is slightly easier following reports of the Sydney and Melbourne sales. Sugar.—Granulated 49s 9d. POULTRY PRICES. Messrs. L. A. Nolan and Co. report the following prices: Cockerels 2s 6d, 3s 6d; hens 2s Id, 5s 9a; uucks 3s 4d, 3s Bd. "Webster Bros, report as follow’: Cockerels 4<> 4d, drakes 2s lid, hens 2s lid. THE PIG MARKET. At Newton King, Ltd.’s ha'ymarket yesterday weaner pigs made from 13s to 15s, porkers 325, 4-year gelding and saddle £6 2s 6d, mare £3 ss. ADDINGTON MARKET. Christchurch, June 7. At Addington market to-day there was a large yarding of both fat. sheep and fat Cattle, but nevertheless last week’s rates were maintained, primest meat being a shade firmer; inferior, oq the other hand, was weaker. Fat lambs sold better than last week. Store Sheep.—A small entry, mostly of inferior sorts. The demand was slacker, and onlj’ a few lines of superior ewes and ewe hoggets maintained values. Other classes were all harder to quit. Forward hoggets 13s to 15s 6d, good Ils 9d to 12s 9d, medium 10s to Ils Gd, cull and inferior hoggets 8s to 9s 6d, good half-bred ewes, 255, good crossbred G and 8-tooth ewes 21s to 235, good 4,6, and 8-tooth ewes in lamb 20s to 22s 6d, ordinary 13s to 16s 9d, aged 8s 6d to Ils 9d, 4 and 6-too th wethers 14s to 15s lid, 2-tooth 12s 6d to 13s lid. Fat Lambs.—23oo were penned. Last week’s drop of 2s per head was recovered, exporters, as the result of the dispute with the butchers being settled, operating more freely. A grade lambs sold up to 7 7-8 d per lb, seconds 7%d. Extra prime lambs 26s to 34s I Gd, prime 22s 6d to 25s 6d, medium 20s to I 22s 3d, light and unfinished 15s to 19s Gd. Fat Sheep.—A bigger yarding, comprising eleven races of special)y good mutton, sold a shade better, prime lighter being easier. Extra prime wethers 29s 9d to 37s Id, prime i 25s to 295, medium 20s 3d to 24s Gd, light and unfinished 18s f to 20s, extra prime ewes 25s 6d to 30s, prime 20s Gd to 255, medium 16s to 20s, light and unfinished 13s to 15s 9d, aged ewes 10s to 12s 9d. Fat Cattle.—A big yarding of 410 head, including several lines from a distance. A draft of 50 Wanganui steers sold at from £8 2s Gd to £l3 15s, averaging £lO 7s 6d. Good beef was a shade better. The total entry was cleared. Prime beef was worth 27s Gd to 30s, secondary 20s to 25s per 1001 b. Extra prime steers £l5 2s Gd, prime £9 17s Gd to £l3 ss, medium £6 17s 6d to £9 12s Gd, inferior £4 7s 6d to £6 12s 6d, prime heifers £5 5s to £7 17s 6d, ordinary £3 to £5 2s Gd, extra prime cows £8 12s Gd, prime cows £4 17s Gd to £6 7s Gd, ordinary £2 17s 6d to £4 15s, aged £1 15s to £2 15s. Vealers.—Runners £4 ss, good vealers £3 5s to £4 2s 6d, medium £1 15s to £2 15s, small calves 5s upwards. Store Cattle.—A large entry met with a slack sale, a good deal of the entry, being passed. Good heifers £5 to £5 10s, medium £3 to £4 15s, yearling £2 to £2 10s, medium cows £2 12s 6d, inferior 10s to 355, eighteen months to 2-year steers £2 2s 6d to £2 17s Gd, bulls 10s to 30s. Dairy Cows.—Cows just calved or close to I calving were in demand. Extra good second and third ealvers, springing or just calved j £lB, good £9 to £l2 10s, extra good springing heifers £l4, good £6 to £lO 10s, backward springers £2 10s to £5, aged and inferior cows 10s to £2. Fat Pigs.—A medium entry and a good demand. Prices were on a par with last week's. Choppers £3 to £5 15s, light baconers £3 5s to £3 15s, heavy £4 to £4 IDS, extra heavy £5 2s (average price per lb S%d), light porkers 35s to 455, heavy 50s to 57s 6d (average price per lb 7 3-8 d to 9d). Store Pigs.—A poor demand, sales being hard to make. Good stores 325, medium 21s to 255, small 12s to 16s, weaners Gs to 10s. WAIKATO MARKET REPORT. Beef.—Competition for beef is extremely dull and values still show a ,t eu dency to decline. Prime ox is selling at about 17s per lOOlbs, good cows draw freer competition proportionately, than steers. In comparison with previous year very few cows have been yarded, and this no doubt partly accounts for the better tone prevailing. Mutton. —Values have eased considerably since our last report and It seems now as if supplies are equal to the demand. There appears, however, good reason to hope that firm markets throughout the winter will prevail. A few lines of fat lambs have been penned during the last week or two, but except for prime quality values have declined. Store Cattle.—The store cattle market throughout is, except for an occasional flicker, dull and lifeless. Grown steers are still coming to hand in large numbers and with difficulty quitted. Young steers are saleable, but prices are not so firm as those lately ruling. In calf heifers have dropped out of popularity. Records prove, however, that this season of the year Is generally dull for dairy stock. Empty Jersey heifers on the other hand are in high favor and draw strong competition wherever offered. Shorthorn calves of both sexes have slightly declined. Store Sheep.—ln all markets store sheep are easier, even ewes in lamb, which were highly popular a week or two ago sharing in the general decline. Lambs, however, in the

dairying centres still continue to sell freely in small lots. Dairy Cattle.—The averages registered at the various clearing sales do not indicate a very promising outlook for the season. As intimated above, rejects front the dairies have not been coming forward in the same proportion as during previous years and as a natural consequence will not require to be : replaced. In combination with this tmanj’ farmers are giving up dairying, and these two reasons alone are sufficient to account for the present set-back. No doubt as the new season approaches better competition will be observed. Pigs.—The yardinga have not been so heavy recently although values remain much on the old basis, if anything a little lower. An early improvement is anticipated. Horses. —Tiie market still remains dull for all classes and improvement can hardly be expected earlier than the spring.