COMMERCIAL.

Taranaki Daily News, 5 October 1922, Page 2

COMMERCIAL.

LONDON MARKETS. METAL AND GRAIN. By Telegraph.—Press A*»n.—Copyright. London, Oct. 2. Copper.—Spot £63 13s 9d; forward £64 6s 3d. Lead.—£24 12s 6d and £24. Spelter.—£32 7s 6d and £32 ss. Tin.— £164 8s 9d and £165 10s. Wheat cargoes are steadily -held, and the mand is Inactive. Parcels are in fair request, but are 3d to 6d cheaper owing to the better political outlook. HIGH COMMISSIONER’S CABLED REPORT.. The Department of Agriculture has received the following cablegram, dated September 30, from the High Commissioner for New Zealand. London: Meat. Mutton trade continues slow, with no change in prices. Lamb market firmer. Supply exceeds the demand for chilled beef, and prices have fluctuated considerably. Average for week, fores 3’4d, hinds Gd; to-day’s values are lower. Poor trade for New Zealand frozen beef; quotations nominal. New Zealand Mutton.—Light-weight: Sept. 30, 7)4d to 8d; Sept. 23, 7&d to 8d; Sept. 16, viid to Bd. Medium: Sept. 30, 6%d to 7y 4 d; Sept. 23, G%d to 7%d; Sept. 16, 6%d to 7)4d. Heavy-weight: Sept. 30, 6 l-8d to 6 7-8 d; Sept. 23, 6 l-8d to 6 7-8 d; Sept. 16. 6d to 6%d. Ewes: Sept. 30, 5d to 6d; Sept. 23, 5d to 6d; Sept, 16, 5d to 6d. New Zealand Lamb.—Best quality, lightweight. Sept. 30, Is to Is o%d; Sept. 23, Is; Sept. 16, ll%d to Is. Medium: Sept. 30, Is to Is o%d; Sept. 23, Is; Sept. 16, ll%d to ll%d. Heavy-weight: Sept. 30, 10%d to 10%d; Sept. 23, 10%d to 10%d; Sept. 16, 19d to 10Y>d. Ordinary and second-class quality: Sept. 30, n%d; Sept. 23, ll%d; Sept. 16, 11 %d. New Zealand Beef.—Ox fores: Sept. 30, 3 l-8d; Sept. 23, 3 l-8d; Sept. 16, 3%d. Ox hinds: Sept. 30, 4%d; Sept. 23„ 4 7-8 d;. Sept. 16, 4 7-Bd. Butter. Market is quiet generally, and spot supplies short. Prices are firm. Official quotations are: New Zealand.—Salted: Sept. 30, 216 s to. 220 s per cwt. (Is’dld to Is ll%d per lb) ; Sept. 23, 214 s to 218 s per cwt. (Is 10%d to Is ll%d per lb) ; Sept. 16, 21'4s to 218 s per cwt. (Is 10%d to Is ll%d per lb). Unsalted: Sent. 30, 226 s to 228 s per cwt. (2s o’4d to 2s o%d per lb) ; Sept. 23, 224 s per cwt. (2s per lb) ; Sept. 16, 224 s per cwt. (2s per lb). Cheese. Market is quieter but prices are flrm. Official quotations are: New Zealand: Sept. 30: Colored, 92s to 94s per cwt. (lOd per lb) ; white, 94s to 96s per cwt. (lOd to 10%d per lb). Sept. 23: Colored, 90s to 92s per cwt. (9%d to lOd per lb) ; white, 94s to 96s per cwt. (lOd to 10%d per lb). Sept. 16: Colored, 88s to 90s per cwt. to 9%d per lb) ; white, 90s to 94s per cwt. (9%d to lOd per lb). Shipments of New Zealand produce arrived this week by s.s. Arawa and s.s. Port Chalmers. BUTTER AND CHEESE. The New Zealand Loan and Mercantile Agency Co., Ltd., have received the following, cablegram from their London house under date September 29 : • New Zealand Butter.—2l6s to 220 s per cwt. Cheese.—92s to 96s per- cwt. Markets steady. SYDNEY WOOL SALES. Sydney, Oct. 3. The second series of wool sales has opened. Competition was keen, Bradford, France and Japan operating. Good merino fleece wools and skirtings advanced 5 to 10 per cent., and fine crossbreds and comebacks 5 per cent.

MARKS FOR A SONG. London, Oct. 3. The exchange on Berlin Is 8300 marks. It is reported that the selling of marks emanates from Germany itself. FARMERS’ CO-OP. REPORT. The Farmers' Co-op. Organisation Society of New Zealand, Ltd., report as follows: At Opunnke on Monday we had a good entry. Store cows and yearlings met with a good sale. Dairy stock, however, were slightly 'easier. Forward nows made from £2 to £2 18s, medium 30s to ’3ss, others 20s to 27s Gd, weanqr steers (good) £2, others 255, Shorthorn pearling heifers 35s io, £2 15s, Holstein ditto £3 to £3 15s, dairy heifers of good quality up to £lO, medium to £7, others £4 upwards. On the same day we conducted a clearing sale on account of -Mr. Geo. Blanchard, Ngutuwera, Waverley. There was a large attendance, buyers being present from the surrounding districts, South Taranaki, Wanganui, and as far south as Marton. The vendor Is to be congratulated on the. splendid state of repair in which he had kept his farm implements, and the prices realised were due to the care and attention ho had given them. The sale went with a good swing from start to finish, and highly satisfaetory' prices were obtained. Fat ahd forward wethers made 26s 4d, hoggets 18s 7d, empty ewes 14s 3d, fat and forward cows -£5 ss, Shorthorn yearlings £2 4s, 3-yr £4, forward well-bred 4-yr bullocks £7 2s Gd, cows arid calves £5 2s, dairy cows andhelfers to £6 10s, aged ’raught mares £3l, £2B. £22, £25 10s. £22 10s. Black gelding £23, ge'ding £l5, hack £lO 10s, Implements, and sundries full value. # On Tuesday, at Stratford, we had a big yarding, the dairy pens being in particular • well filled. Practically everything was sold at. prices firm at late rates. Store cows • made from 35s tn £2 2s, forward ditto £2 10s to £.3, Shorthorn weaners 35s to £2 ss. Holstein ditto £3 18s. empty 2-year heifers £3 2s 6d to £4 15s, best dairy heifers £9 to £l2, others £5 to £7 10s On the same day, at Manaia, we had a good entry. Prices were firm at late rates. Weaner pigs made 10s, slips IPs to 255. sows (empty) £1 ss. fat cows and heifers to £5 10s, forward cows £2 5s to £2 15s, others 20s to 30s, 2-year steers £2 Ils. best dairy he!-' fers to £l2 15s, good to £9 10s, others £5 to £B. On the same day, after our stock sale, we conducted a furniture sale on behalf of Mr. P Hewlett, at the school residence, Manj'- The residents of the district turned up in full force, and the sale was most satisfactory to ' e vendor. jn Wednesday, at Inglewood, the store pens e well filled and a fair entry of dairy cattleyarded. Forward cows made from £2 to £2 15s, others 355, fat cows £4 10s to £5, e'nr’v sound young dairy cows to £3, 2-year stp rs £2 4s, 3-year ditto £3 Ils, empty 2vv heifers £3 2s Gd. best Jersey weaners £6 T’f Gd. medium to good £5, smaller to £3 IP'. Holstein yearling ditto £3. Shorthorn ditto to £2 ss. dairy £lO, £B, £7, late, ana faugh sorts £4 upwards. On Thursday we conducted our Spring Fair at Puniwhnkau. There was n medium entry of sheep and a good entry of cattle. Prices on the whole were better than those ruling, and practically a total clearance was effected. Hoggets made ,19s 9d, 20s, 16s: store wethers, 235; 2-yenr mixed heifers, £3 15s to £4 18s: Shorthorn 2-year heifers, £2 17s to £3 2s 6d; yearling ditto, £2 to £2 ss; 3-year steers, £3 15s; dairy heifers, small, to £6; better sorts to £B. On Friday, at Auroa. there was a good yarding of store and dairy cattle. Best cows made up to £4 7s 6d. forward ditto £2 6s to £.3, others 20s to 355. yearling heifers (mixed) £2 to £3 Ils. Jersey Cross to £4 18s, best dairy heifers £l2 ss, others £5 to £B, according to quality.