COMMERCIAL.

Auckland Star, Volume XLIV, Issue 76, 31 March 1913, Page 6

COMMERCIAL.

LOSDON PRODI'CK MARKETS. IHGH COMMISSIONERS CABLEGRAM. (By Telegraph.—Tress Association.) WELLINGTON. this day. ' The Department of Agriculture, Industries and Commerce has received the following cablegram from the ilish Commissioner for New Zealand, dnted jjiudon. March liO. 191.". (Note.—Quotations, unless otherwise specified, ajo average market prices on ! spot.i Muiton.— The market is steady, with im- ! proved demand. Canterbury 4;ri. North 1 Island. 4id. I-amb. —The market is firmer, wiih more ! demand. Canterbury Rid: other than Can- ; terbnry Gil. i XVeef.—The market is quiet, hut steady. New Zealand hindquarters 4Jd, fores 'Mi. Kiitter: The market is (lull escept for best i quality, for which the market is qniet bat i steady. Choicest New Zealand per cwt ! nn/ isalted) and 120/ (unsalted); Australian, I Argentine, 100, : Siberian, 111,'; Danish, ! 129.'. j Cheese.—The market is very quiet. New ' Zealand, til/ per cwt. j Hemp.- The uiarkot remains very fiat. Spot New fcealam! rood fair, per ton, £34: fair. £11; fair current Manila, £33; April to June shipment? or N<-w- Zealand good fair. CI4 10, : fair, £31 10 ; fair current Manila, £S4. The outpni from Manila for the week

was 20.000 bales. Woo!. Tin- mnrkrt remains firm for merino, but is easier for crossbreds. I.inseed.— Tbe market is (inn. New Zealand, 50/ per cwt (nominal]. Cocksfoot Seed. -The market is quiet, and buyers are not keen ti) do business. Hops.—The market is firmer. English, 110' per cwt; California!!. 100/. Wheat.—The market is rather quiet. New Zealand longberried. ex granary. PP- r onarter of 49(311), 00/6; shortberried. (nomi-

Oats. —Market is dull except for best quality. New Zealand short Sparrowbills. ex granary, per quarter of .'»llh, 2.V: Danish per quarter of :Colb, 20,. Beans. —The market Is firm owing to reduced supplies. New Zealand f.a.q. (old crop;, per ."A>llb. 41, . Peas. —The market is firm. New Zealand peas, Partridge, per r>o4lll, 41/.

IX>NTX)N MAUKJEJT?

(Received 0.10 a.m.) LONDON, March 30. J ate. -Mart*-April, £2S 10/. Hemp.—Quiet. Ket>r-uary-A<prU, £34 10/. itubber." Best hard i'ara, a/!)*. Oopra. -— Firm. Smith Sea. ! n bags, March-.vprli, £~-2S 10/. Galvanised! Irou.- £17 10/ first brands; £1.-| second. Fencing Wire.--£8 2/6 ton. Wheat. -<~Srgoes are steadily held. 3T/9 has been refured for New Sfouth Wales steamer February shipxDent.

ENGLISH BUTTEIt MA.KKKT DEPKESSED.

Inusaal slaf*ness has characterised the butter nmrket since the beginning of the New Year ireports Uie ••Grocer" of February S). Only thi> choicest qualities meet with anytiiine like attention, the demand for other descriptioiiH being most disappoinlinu:. The di'presiol stjue of business hu-S been a matter of surprise to most tnulnbers <ir ill,- trade, few havius looked for the steady decJine in values of colonial and Argentine. The chief <-uii.«e of the falling off in the demand for butter is to be found in the long period that prices were main-laini-d at an abnormally level, and which has enabled the 1 onsuinptiou of niarsarinc to be enormoosly liu-reasetl. Mindful of the scarcity and dearuess of butter a mer, aud placed large ijuauUties in cold stores. It is doubtful whether these stoiiks liave all been consumed. Tile present winter ha* been exceptionally mild, and must have led to ;\ local make In excess of the normal. Air.-iin.st these different circumstances, the imports of butter have been less. those in n>l2 having amounted to ■I.ou:..l."!icwt. compared with -i.oOU.ttrjcwt iv Hill and 4,:;i;:i.ri.'iilcwt In I'.llO. The arrivals in January this year comprised SU."i*;ssJcwt, compared with 4i!S.o63cwt in the same period of 11U2. Isuaily in January of late years the butter market has been manipulated: but curiously enough, this manoeuvre has nnt been attempted this year. Perhaps speculators rbiufc the game is not worth the candle. This, in any case, is satisfactory, as the butter market at the present time "is not in need of artificial stimulating in!i\:encc.

lllKl'-TAIA BAIvB.

The Farmers' Co-operative Auctioneering Co.. Ltd.. report;— (in Tuesday, Marc-Ji 2.> th we lipid our \:«iia! llikniaia fortnightly s.ile. when we y.'ir'i'.M .".!>; cat t>. lieef was yarded in barel;, avprase (in.nntif.ies. ' und s,.ld at hue rmes. Fat cows made frotn c.-. 1.",, t • ±;t\ 17 : a p-ii nf liElit fat slwrs. C, II : JJ to :t-ycar steers. £7, 10 ; L'-v-o. lr steerf. .'Ji '1/ to £4 14/: 18-qnonths steels, c:t 7/f> to £.-; V 2 . CaJvns. of -which uorhing choice was ofTered. sold at fi-om 30/ lo £'J aud culls at £1 to £1 9/; springing ci.ws, from £'! 10./ to £H; fat ewes. 15,' C.

MAN<:.\wr:KA stock sale

Mcwrs I*n',e«-ty ami < o. rpporr liii Ting a ver> good >arrii"g of slock, which so!d as below,: .Mixed ewes, 4/H lo 7'•); full lambs. ::.(•.; small lajnbs. C "J: small w.-oHy lambs. (;,/">: good two und four-tooth wethers. 14, u> H/r,; two-year empty iierferb. £'' 10-'; .am] cilvcs, £4 r>.";

NKWTON KlWrs W-KTOKI.Y PJOPORT.

i i-i Tlim-sitny. ia>rh iiisi.. I held :) dearing .-a.o on a< t-mint of llwsrs Fisher Bros Irniini. There was ii large attemUni-cp of buyer- and snort coniperiii,,,, w ,,s obtained for jil! lines, .is follows: |.-. nl ,^ vrt< , O /!> : iwo-1.-mb ewe», 13.7: frmr-touLh row. V^. , ,': siTU.uui ewe-,. i;;,i; fnvo-toot.li wethPrs, L-VLO: foiir. six. an.l r.m. wethers I.'!-:;: owe lairau>. 7.1; weiher lambs. ~'/ : ~u n lnru-tis, l.~J: «- ir 11 ew<s*, 4/.;: three quarier dra-iijrlit mares. £2* u> £3T>: had; £.s ft/buggy mures, £11 -In £14 10." gig £8 .V; spring trap. .Cs 10/; dray. £(! In/- wool Oray. -CS u>,; Imcw.v. £W : roller, £Xl; drill. £10 TO/: wool prt-sci. XH) 10/; sundries ai satisfactory prices.

Al Oahoin on TiieMiny. 2T.(h. I 'had s -ood entry ami attendance, with keen bidding for all tin.-.-. Some ivpll-fiwn pens of weanor steers were yardod, and sold up to £" -/. Prices («titAimtl were- Best mixed WPBIMTS £1 Il'/ to .£1 IS/ small 18/ to CI :t/(i: coloured wcanpr heifers ".2

10': vroaiitr M.ejers. ATI H>/<; to £2 _,'; small or bad coloured. IV to £17/6: heifers and calves, £:t I!!/ to £."> 8/: einptv heifers up I" £•'! 10': coloured IS-jjionths steers. £2 14. to £:'. Mi: two and a-iialf year steers. £."> L ; i;i <-:\lf 'Jet-months "heifers. £.'! 1.l ; hulls. £4 1. - .' 1.0 £7 4•': store co-ws, £li to .en 12/: forward cnvs. £4 2/ to £4 IS/: flit cows, up in £6 10 : lauirbs (small). (5/6 In <>/K>; trnbroken filly. £10 5.'; three-year tni.v, £<i )o/. (in the same day ill Waitara Road for Mr It. Thompson"* elearinar sale there was fnnn'all parts or Tarntuki. 'P.ie herd had I.een cxit-piionally well cared Cor. and sold mide.r U>st. enm-pctition at prices fnvn £17 ."> for Ibe t<,p-pricecl r-nv. to £<> ir>/ for Ihrec-ouaner ..r iice.d c.ws »veragius £I<> II) lor the line. Choice wi'Unpr .le-rsov heifers. £.;•: 1 f> £!: wfcinor slei>t-9, £1 16/: iri-.-i.ts. 1(»/: rlrill, .'J2(> u>.•; l>ugirj. £JT: cic. £11 10,: mares and roals. £12 to £17 Hi.; sows and litters. £1! 12 C. to £4 10/; 1.iT.1, £T V>, : «tii<-k <>f bay. £10. At li'ivnni "ti V.ediie«tiay. iSHh, both entile and sheep came forward iv excess of adverl ised mimJiere. The s.hee.p. on acronni of l>. M<-Kf>llar's estate, were all c'.enred, a *.'<"«! line ijf full-montlied ewes re:ilis>iP.-' 11."; culls. :i. to 0/7; two Lo k!xtooUi wethers. 1-1,7: rams. 7/ to 1 :•,/«. Competiinon for oi.hrr shee-p was ve.rj- qxriet.. <;ood in calf heifew and wcancrs were in inrprtwrd demand. Most of rue entry was c-I":!tu 11 >» follows: Won nor heifers. £2 ?. to £2 :>': line of ivranpr steers. wiUl three yeartinsK. £2 6/. fnir lines £1. "le/, small £1 7/0: lii months steers. £2 11/f! to C 2 springiinr tierfers. £4 10/ to £0 r,/; Oirce and a-half and f-vir-veHr hnlU>eks. In forward conditio-.i. Ci". l;>'<i; 24-year atee-rs £."■ 2/ii to £5 6': in ca!f HolsTein -JVmnnHis hortriK. £5 I<V: in i-ih- Grade 2fi.mi.nUw lieifers. £;: 18/ to £4 2/: lvnlls. £2. 11/ to £-2 T7/fi: slass. £.". 17/: cows, £1 .>': store coot. £.'i 2' to £?> 11/: forward rows. £4 to £4 17/6; fat .-o-svs. £T. 17/ to £5 IS/G; entity 2<>-monibs iicifers. £3 12/f.: ianrhs, 5/4 to S/C; f.m. ewes, K/J> to 10/1; t-tro and a-haif year to catt heifers, £5 to £5-3/.