COMMERCIAL.

Auckland Star, Volume XLII, Issue 79, 3 April 1911, Page 2

COMMERCIAL.

...HIGH COMMISSIONER'S CABLE. (By Telegraph.—Press Association.) WELLINGTON, this day. Following is the High Commissioner's market cable, dated London, April 1:— Mutton: The market is weak, and trade for all classes of mutton is very slow, and prices are barely maintained. There is an ihclination to force sales at mutton. Canterbury, 38d; North Island, 3Jd. Lamb: The market is duU. Canterbury, 4Jd; other than Canterbury, 4-ld. Beef: The market Is firm. Stocks of New Zealand beef on hand are light. N.Z. hinds, 4id; N.Z. fores, 3id. Pork: The market is quiet but steady, with a limited supply at s{d. Butter: The market is quiet, but firm. Choicest N.Z. butter, 108/; Australian, 102/; Danish, 118/; Siberian, 102/. Cheese: Tbe market Is quiet, but holders are firm, New Zealand, 61/. Hemp: The market is very quiet, and nothing is doing. New Zealand, good fair, on spot, per ton £20; fair grade, £10 a/; forward shipment at same price; fair current Manila, spot, £18 15/; forward a-fp-inent,- £19. The output from Manila for the week was 24,000 baleCocksfoot Seed: The market Is firm, with light stocks of cocksfoot seed on hand. Buyers have been offering for cocksfoot seed more freely. The average price of bright clean New Zealand cocksfoot seed, weighing 171bs bushel, 76/ cwt. Wool: The sales closed to-day. There Is great competition, and the market is firm at an advance for all descriptions. Prospects are favourable. 21,000 bales of New Zealand wool were held over. Estimated values, superior merino, 1/ to t/2; medium, lOd to lljd; inferior, 8d to 9Jd; crossbreds, all grades. Hid to 1/2; medium, 9d to lid; coarse, Bid to lOd. LONDON CABLE. (By Cable. —Press Association.—Cbpyright.) (Received 8.45 a.m.) LONDON, April 2. Dividend: Paterson, Laing, Bruce Company have declared an interim dividend of 5. per centum. Tallow: Stocks, 5570 casks; imports, 4485; deliveries, 3032. Rabbits: Slow of sale and prices unchanged. Hemp; Inactive; April-June shipment, £20 10/. Copra: A good demand exists for South Se_-Ftebruary-_—: rch shipment, at £20 12/6Rubber: 6/1 per lb. Galvanised Iron: Best brands, 13; second brands, 12}. Tin: Plates, 15/10. Wire Netting: 60 per cent and 5 per cent off list. LONDON, April _ Frozen Meat:—Sheep: Canterbury and South Island are unquoted; North Island, 3 l-8d (best brands 3 5-16 d); New Zealand ewes, 2 5-Bd. Lambs: Canterbury, light and medium 4 7-Sd, heavy Sd; Sooth Island, 4 5-8 d; North Island, 4 1-Sd (best brands 4 7-16 d). Beef: J brt Quarters, unchanged; hindquarters, 4 1-84. A n straiten.—■Sheep: Light, 2M", heavy and ewes, unchanged. Lambs: Best brands, 3Jd; others are uiv- ' changed. Beef: Fdrijqhartere, 2 7-8 d; hindquarters, unchanged. Sooth. American. — I Sheep: Light, 3 1-Sd; heavy, 2 l-Bd. Lambs I are unchanged. Frozen beef: Fotequarters, 3d; Jii_dqnartens, 4 l-Bd\ Chilled beef: Forequarters, 3dV; hindquarters, 4 3-Bd. j Wool.—The wool sales dosed strong at I i the highest level ot the series. Compared 'with January rated, choice GeeJong combings -were a penny dearer and good greasy combings and good scoured 74 per cent to 10 | per cent, faulty carbonising sorts 5 per cent, and fine crossbreds 7} per cent higher. The totals so?d were 120,000 bales for the Home ! market, 72,000 bales for the Continent, 8000 bales tor America, and 38,000 bales held over. " IfOKDON WOOL SALES, T_e Bank of New Zealand has received the toilowing cable . irom our London office:—"TOis sales have dosed very firm, and "prospects are good. Tpopfcal quantity [ held over, 36,000 bales, ot w_ich 20,000 are • New Zealand. Compared with average last series coarse and medium crossbred has been in "better demand at advance ot 6 per cent. F—to crossbred anc_—igsed."' STOCK SALES. The Mew Zealand Loan and Mercantile Agency Company, Limited, report:— At Te Kuitl on the 29th nit. we yarded BT9 bead of cattle and 5300 sheep. Bidding .was rather dull, but nearly' all lines were quitted at auction or afterwards. We quote: Two and a-half to three and a-half year old steers, £5 2/6; two and a-half year told steers, £4 7/6 to- £4 15/; two-year-old, steers, £3 15/ to £4; 20-month steers, £3 to £3 5/; empty cows, Q 4/ to £3 19/; fat cows, £5; two and a-half year old heifers, in calf, £4 17/6; 18-month-oM empty heifers, £2 17/; calves, £1 14/ to £2 2/8; two. Soar, and six-i>oo4_ ewes, 8/9 to 13/; choice four-tooth owes, 16/; fuU-aWoth ewes, 6/ to 9/4; s_oen tombs, 4/7 to 6/8; two-tooth 10/ to 11/6; fat -wethers, 14/8. At the opening- sale —t {be Otorohanga yards our entry comprised 294 head ot cattle I and 850 sheep. There -was a large attendance of settlers from all 1 the surrounding 1 districts. Cattle maintained late values. Sheep were not wanted. Best calves made I£l 14/ to £2 4/, othew 17 f to £1 6ft I dairy cows, to calve In spring, —5 10/ to £6 ■ 6/} empty caws, £2 16/ to £4 by, according to co—3Utton; heavy buns, £4 to £4 _)/• i fat hetferu, £5 2/6-, heifers In calf, £3 17/6 ! to £4 15/; shorn lambs, 4/2; fuU-mouth ewes, 4/7; backs, £8 10/ to £10. «BSWTO»<KI_ _'S WEEKLY REPORT. On Friday, the 21th Inst., X held a clearing sale on the Carrington-rd. on account of Mr F. Schodorowski, when ftlere was a fair attendance of buyers. The dairy stock were mostly heifers in calf and springtne, a tew having calved, and satisfactory prices were realised. Weanera made 26/ to 29/; In calf heflers, £3 6/ to £4 2/; springing heifers, £4 12/S to £5 7/6; springing cows, £4 to £6; heifers calved, £3 to £3 15/; bulls, £2 to £3 12/6; lambs, 9/; mower, £8 I<V; rake, £4; jack, £5 2/6; chain har- ; rows, £3 10/; dray, £5; sundries sold -well. I At the Haymarket on Saturday there ; was a fair yarding of pigs. Weaners made 4/ to 6/", stores, 15/ to 18/6; do. small, 10/6 to 14/; porkers, 25/. At Bahotu on Tuesday there was a good yarding, with a good attendance of buy«rs. All classes were in good demand, practically everything being sold at the hammer. Weaners made 23/ to 38/; yearling to 15 months heifers, £2 6/8} store cows, £3 to

£3 17/6; forward eews, £4 6/ to £4 IT/; fat COWS, £5 to £5 18/; bulls, £2 5/ to £4 12/6. At Wahrakaiho en Thursday there iv a fall yarding. Weaners made 14/ to BS/B; <weaner Jersey heifer, £2 5/; yearling to 15 months heifers. £2 15/0 to £8 19/: yearling steers, £2 11/; 18 months eteers, £8 1/; store cows, £2 1/ to £3 15/; forward rows, '£4 to £4 16y; fat cows, £5; in calf heifers, £3 Wβ to £4 V, springing fceifers, £5 17/6 to £7 7/6; springing cowe up -to £9 15' working bullocks, £8 5/; bulls, £3 W fo £5 10/; f-m. ewes, 6/3; cull eswes, 2/5 to 3/7; latrfie, 7/4 to 9/L