COMMERCIAL.

Taranaki Daily News, 23 June 1922, Page 2

COMMERCIAL.

SYDNEY WOOL SALES By Telegraph.—Fres€ Assn.—Copyright. Sydney, June 21. The twenty-first series of wool sales has concluded. There was a large atendance of buyers, but owing to the poor quality of the wool competition was spiritless. The offerings were chiefly adapted to Bradford's requireenents. Late rates were maintained. This is the last series of the statistical wool year, but an extra series has been arranged for July, to enable brokers to clean up the old LONDON WOOL SALES. The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following cable from their London house under date 21st Inst. Compared with last sale closing rates prices lower about l5 per cent, for medium and coarse greasy crossbreds and about 10 per cent, scoured and slipe crossbreds ; market steady; good demand; competition for merino continues active, with prices firm." LOCAL MARKET PRICES. The local market prices this week are as follows (spot cash) :— ;

NEWTON KING LTD., REPORTS. At Urenui on June 12, a good yarding of sheep and moderate of cattle were satisfactory disposed of. Lambs Ils Id to 15s 7d, mixed age ewes Ils 6d to 12s, 6-tooth wethers 17s 6d to, 19s 6d, cull do Ils, light fat cows £2 10s to £3 15s, store do. 15s to 255, weaner Jersey heifers £5 Is, inferior in-calf heifers £3 10s, 20-month steers 27s to 34s 6d. At the same sale we offered a small herd on account of Mr. Toa, Pukearuhe, and although a number of the cows were late calvers they met with good enquiry and averaged a fraction over £B. At Stratford bn 13th inst., there was a good penning of cattle. Enquiry was steady throughout and prices were on a par with late sales. Lambs 10s 2d, weaner lieifers 34s to 435, Jersey do £6 Is, in-calf heifers £4 to £4 4s, 3-year-old bullocks £3 Is to £3 14s, springing heifers £7 5s to £B, store cows Ils to 28s, in-calf cows £2 9a to £4 4s, bulla 15s to 255. On the same day at the Holly Oak homestead, New Plymouth, we conducted the annual sale of pedigree Jersey heifers and bulls on behalf of the well known breeder, Mr. John Hale. There was a large and representative attendance of buyers from ail parts of New Zealand, which accounted for most of’ the cattle being taken from this district. The sale was keenly contested and many big figures were obtained, the 19 heifers averaging 119 gns., three of which exceeded 200 gns. Considering the time of the year the bulls sold much better than was generally expected, the 14 averaging 51 gns., 100 gns. being the top price. At Urenui on June 14 we disposed of the “Yathong” pedigree Jersey herd, the pro-, petty of Mr. S. J. Sutton. At this sale also there wits a. very' good attendance of buyers, including many from outside Taranaki, resulting in many animals from this stud also leaving the district. The cows were looking well and sold up to 77 gns., 2-year heifers 42 to 55 gns., yearling heifers 10% to 39 gns., bulls up to 33 gn». On the same day at Inglewood a . moderate yarding of cattle was practically all cleared. Quotations: Lambs 13s to 14s, aged ewes 7s, weaner heifers 37s Gd to £2 ss, better quality do £2 12s 6d to £3 13s, empty heifers £4 Is, store cows 12s 6d to 20s, forward do 355, fat do £4 2s Gd, 3%-year-old bullocks £3, fat do £5 Is, finished do £7 10s, springing heifers £lO ss, cows in profit £8 10s to £l3 ss, in-calf cows £2 12s 6d to £4 15s early calvers £8 10s. At. Rahotu on June 15 prices were quite up to those ruljng at central markets. Weaner heifers 35s to 49s 6d, poor quality and small do 17s to 21s, empty heifers £3 13s to £4 12s fid, 20-month steers 31s, store cows 12s 6d to 26s 6d, dairy cows £lo v los, dairy heifer £B. WAIKATO MARKET REPORT. Beef.—Shows no improvement nor immediate prospect of such. Mutton. —A slight improvement is apparent in fat sheep generally. Supplies are, howover, quite equal to the demand and In consequence nothing more than a steady market need be expected for the present. Store Cattle. —Grown steers aro still slow of sale, but young cattle are the subject of much stronger enquiry. Attention seems' to be turning at last to young steers of which an undoubted shortage exists. It seems highly probable that these will yet reach a figure sufficiently tempting to induce dairymen to rear the coming season’s male calves. Jersey heifer calves are still selling freely in all markets. Store cows also are in better demand. Store Sheep.—Have not recovered from the depression indicated in our last report. Lambs are still inclined to fall. Ewes in lamb are ! steady, but very few lines are appearing on tlie market. J Dairy Cattle. —Good dairy cows harp advanced in favor and in clearing sales where records have been kept the profitable mem- ’ bers of the herd have been strongly competed for. The higljiest average s<? far registered is £1.7 10s over a herd of 50 tested i cows (mixed breeds). Inferior herds on the other hand have been very hard to quit. We , have held a number of special heifer sales with most satisfactory results, but it must . be admitted that in a general way this class j does not engage much attention. Pigs—The market is fairly steady. Supplies seem inclined to ease off and no doubt this will Have the effect of improving values. Horses. —At our last horse fair good draught animals sold rather better. The enquiry however, is not strong.

Buying. Selling. Eggs 19 2 0 Hams 0 11% Bacon (sides) Oil Bacon (rolls) 1 1 Butter (creamery) pats . * 19 Butter (bulk) 1 8 Butter (separator) . 1 3 1 5