COMMERCIAL.

Grey River Argus, 12 July 1922, Page 7

COMMERCIAL.

BUTTER ADVANCES. BRISBANE, July 11. The price of butter has advanced from £l4/8 to 222/-. DECLINING GOLD YIELD. SYDNEY, July 11. The gold yield for the half-year ending June. 30 has declined 50 per cent., compared with the corresponding period of 1921. Tho figures for 1921 were £127,500 and those for 1922 were £63,500. NORTH ISLAND STOCK MARKET.

HAMILTON, July 8. The Farmers’ Co-op. Auctioneering Company here report on the Waikato stock market as follows: — Beef.—The demand for ox beef is very dull but prime cows and heifers are selling freely. Mutton.—Fat sheep have eased somewhat lately supplies being plentiful. Southern quotations are now coming to hand, and no doubt these will have a steadying influence on local values. Store Cattle.—There seems a better tone in the store cattle market recently ami bidding at times has been quite spirited. This refers more particularly to young cattle —grown steers still being hard to move. Calves have improved considerably with steers difficult to procure. Fresh cows are also in fair demand. Store Sheep.—The market is weak and strongly in contrast to the conditions prevailing a month or so ago. A number of small lines of lambs have been quitted but at prices much below late values. There is a feeling that ewes with lambs at foot will draw good competition when they appear. Dairy Cattle. —Are the subject of considerable fluctuation. The market is however the reverse of strong and 1 he private inquiry that existed at this season in previous years is altogether lacking. Holders of big lines of heifers seeing little prospect of improvement for some time .'‘head, have faced the market, and disposed of their supplies. This may pave the way to steadier conditions later. Good Jersey herds still continue to realise satisfactory averages. Figs.—Supplies have fallen off very much during the past few weeks, but without causing any increase in value. This however should not be much longer .delayed. Store pigs arc advancing in all centres. Horses.—The improvement indicated in our last report has been maintained and the feeling is much better. Good spring sales are anticipated. The company quote as follows: — Bullocks, heavy prime, £5 15/- to £6 5/-; medium, £4 15/- to £5 JO/-; light, £4 to £4 10/-; cows, heavy, £4 5/- to £5; medium, £2 10/- to £3 10/-; forward, £1 10/- to £2/-; steers, 3A to 4 year, best, £3 to £3 15/-; 2A year, £2 to £2 10/-; heifers, 2A year Shorthorn r.w.b., £6 to £9; 2 year Jersey £lO to £l5/-; 2 year Shorthorn £4 10/- to £6 10/-; cows, stores, £1 to £1 10/-; steers, 18 months best, £1 10/- to £2; 18 months medium, £1 2/6 to £1 7/6; heifers, empty, 18 months £2 5/- to £3; calves, heifers, Jerseys, £4 10/- to £8 10/-; heifers, Shorthorn, best, £1 15/- to £2 5/-; .steers, Shorthorn, best, £1 to £1 6/-; wethers, prime, extra heavy, 25/6 to 27/6; prime, heavy, 23/6 to 25/-; medium, 21/- to 23/-; ew’CS, prime, heavy, 19/- to 21/6; medium 17/- to .18/6; wethers, 4-th, store, 19/to 20/6; breeding ewes, 2-th,‘r.w. rams, £1 to £1 2/-; breeding ewes, 4, 6-th, r.w. rams, £1 to £1 2/-; breeding ewes, 4 and 5 year, r.w. rams, 17/6 to £1; breeding ewes, aged, r.w. rams, 10/- to 12/6; store lambs, best, 12/- to J4/6; store lambs, medium, 9/- to 11/-; store lambs, small, 7/- to 8/6; pigs, heavy baconers, £3 5/- to £3 15/-; light baconers, £2 17/6 to £3 2/6; heavy porkers, £2 10/to £2 17/6; light porkers, 35/- to £2 5/-; good slips, 17/- to £1 2/6; small slips, 12/6 to 17/6; weaners, 6/- to 10/6; horses, heavy draughts, £32 to £44; medium draughts, £25 to £32; light draughts, £lB to £22; harness horses, £8 to £l6; hacks, £6 to £lO.

ARAHURA FAT STOCK SALE. The fortnightly fixture at the above yards was held on Monday, when a yarding of 78 head of cattle, tho largest for some time past, was submitted to public competition. The quality of tho cattle yarded was good, there being a preponderance of cow and heifer beef, consequently prices did not improve on previous sales save for well finished ox beef which sold in advance of. last sale. There were no sheep yarded. Messrs AV. Jeffries and Co. sold as follows:—On account Air J. Diedrich, 1 blk at £ll 2/6, 2 at £9 2/6, 1 at £7 17/6, 1 at £6 2/6, 4 light steers at £5 15/-, 2 cows at £6 2/6, 1 at. £5 10/-, 1 at £4 15/-, 3 at £4, 3 at £3 17/6, 2 at £3 15/-, 4 at £3. On account Mr W. O’Reilly, 2 steers at £6 5/-, 3 at £5 7/6, 4 at £4 10/-, 1 stag “at £3 7/6, 2 heifers at £4 12/6, 4 at £4, 2 at £3. Ou account Mr E. Cron, 2 heifers at £4 5/-, 2 at £4 2/6. Account Mr Smith, 1 steer at £B. On account W. Wall, 1 steer at £5 10/-. On account W. Diedrich, 1 cow at £7 10/-, 1 at £6 10/-. Ou account J. Davidson, 'l9 steers from £9 to £7. On account Mr A. Thomas, 4 springers at £6, 2 at £B.