COMMERCIAL.

King Country Chronicle, Volume XXV, Issue 3262, 3 February 1931, Page 3

COMMERCIAL.

DAIRY PRODUCE. Messrs. Dalgety and Co., Ltd., re-poi-t having received the following cablegram from their London principals, Messrs. Samuel Page and Son, dated 29th ult.:— Butter. —More doing. New Zealand, finest, salted 112 sto 114 s. Danish butter, 136 s to 138 s. Austi'alian, finest, unsalted 110 s to 112 s, salted 108 s to 110 s. Australian, G.A.Q., 104 s to 106 s. Cheese.—The market is depressed. New Zealand, white and coloured, 52s to 545. Canadian, white 72s to 78s, coloured 72s to 765. Australian, white 52s to 535, coloured 52s to 545.

Newton King, Ltd., New Plymouth, report under date 30th ult.— We are to-day in receipt of a cablegram from our principals (Messrs. R. and W. Davidson, Ltd., Glasgow and London) giving an indication of prices ruling yesterday. The figures in brackets show the state of the markets at the date of our last report (24th January, 1931): —

Butter.—The butter market has receded 3s. per cwt. since our last report, but now closes firm again at the prices stated and should remain steady. Salted, Ills to 114 s (114 s to 116 s). Cheese.—The cheese market is very quiet and has dropped 2s. per cwt. since last week. White and coloured, 53s to 54s (55s to 565.) FROZEN MEAT. Messrs. Dalgety and Co., Ltd., report having received the following cablegram from their London house dated 29th ult.:— " N.Z. prime North Island lamb, 28 to 361bs, 7id; 36 to 421bs, 7£d; second quality, 6ld. The market for New Zealand lamb is weaker. The demand not improved by change in prices. N.Z. prime North Island mutton, 48 to 561bs, 4d; 56 to 641bs, 33d; 64 to 721bs, 34d; 48 to 641bs, 21d v

The market for New Zealand mutton is weaker. The demand is poor. G.A.Q. Australian lamb, 28 to 36 lbs, 6d; 36 to 421bs, 6d. F.A.Q. Australian lamb, 28 to 361bs, sd; Australian lamb, third quality, 4ld.

The market for Australian lamb is weaker. The demand is limited.

G.A.Q. Australian mutton, 40 to 601bs, 3Jd; Australian mutton, F.A.Q., 30 to 551bs, 3»d. Australian ewes, 3d. Beef.—N.Z. prime ox beef, hinds 4.id, fores 33 d. Argentine, chilled, hinds 53d, fores 3*d. The market for New Zealand beef is weaker. The demand is limited.

Pork.—English pork, 80 to lOOlbs, 9d. N.Z. porkers, 80 to lOOlbs, sid, 100 to 1201bs, sd. The market for New Zealand pork is weaker. The demand is poor. SHEEPSKINS. Messrs. Dalgety and Co., Ltd., report having received the folowing cablegram from their London house dated 29th ult:— The attendance is fairly good at the sheepskin sales; competition good except from France and America who are not operating. As compared with closing rates of last series, sheepskins Australian super merino combing 10 per cent, lower average; merino combing 15 to 20 per cent, lower; merino clothing 15 per cent, to 20 per cent, lower. New Zealand crossbred combing 15 to 20 per cent, lower; crossbred clothing 20 per cent, lower; damaged pelts and seedies difficult of sale, mostly withdrawn. TALLOW. Prices are nominaly unchanged. The market is quiet and inclined to go lower. WOOL SALES. The wool sales continue. Competition has greatly improved. As compared with opening rates prices generally higher by 5 to 10 per cent. HIDES, SKINS, TALLOW. Messrs. Dalgety and Co., Ltd., Wellington, report:—The usual fortnightly sale of sheepskins, hides, tallow and sundries was held on Friday afternoon at the Dominion Farmers' Institute. Fair-sized catalogues of all grades and descriptions were offered to the usual attendance of buyers.

Sheepskins.—The London sale held on 28th ult. showed a decline of from 15 to 20 per cent, and values at this sale for all grades showed a decline of id per lb. Damaged, shabby, inferior and 'seedy parcels were at times 3d lower. Salted skins showed a relative decline. The demand was very limited, sales made being on a low basis. Hides. —The overseas market is still depressed, and prices again showed a further decline. Heavies were lower by Id to id per lb, mediums id, while lights were Id to hd. Kip and yearlings were in request at prices Id lower than late rates. Calf under 61bs sold about par, while weights 61bs to 81bs, were lower by id. Cut, slippy and inferior hides and calfskins were again difficult of sale and sold at low rates.

Tallow.—Market very quiet, prices lower by 2s. per cwt. The following is the range of prices:—

Sheepskins.—Halfbd., 2|d to 3id; Fine crossbred, 25d to 3|d; medium crossbred, 3d to 3ld; coarse crossbred, 23d to 3id; half wools, 14d to 3d; quarter wools, id to 2Jd; pelts, id to 2d; pelts, salted, 9d to Is 3d; quarter wools 3d to Is 3d; half wools Is 3d to Is 4d; full wools Is 6d to 2s; lambs, 4d to lOd. Hides.—Ox: 33 to 441bs, 4d to Ud; 45 to 521bs, 3U to Ud; 53 to 591bs, 3Jd to 4Jd; 60 to 691bs, 2d to 42d; 701 b and over, 4|d to 43d. Cow: 33 to 391bs, 3|d to 4|d; 40 to 481bs, 3Jd to 4ld; 491bs and over, 3d to Aid. Kip, 25 to 321bs, 2d to 4id; 17 to 241bs, 2d to sid. Yearling, 11 to 161bs, 4id to 64d. Calf: 9 to lOlbs, 3d to 6id; 6 to 81bs, B£d; lib to 51bs, 44d to B|d. Tallow.—ln casks, 17s; in tins, etc., 6s to 17s. FEILDING STOCK SALE. Messrs. Abraham and Williams, Ltd., report as under on the above fixture held on Friday last:—The entry for this sale was somewhat heavier than the previous week. In the fat sheep section there was only a moderate yarding which met with a ready sale at last week's rates. In the store sheep line there was a fairly good yarding of all classes and included in the yarding was a special entry of 1000 5-year-olds from Shannon Bros.' Waituna property which realised 7s 4d, the balance of the yarding consisting of young ewes, rape and store lambs, with a fair sprinkling of store wethers. Taking the market generally, it was quite a good sale under present conditions, and we repoi-t practically a total clearance. A moderate entry of all classes of cattle came forward. There was a good demand for fat and store cattle and most of the entry changed hands at prices on a par with ruling rates. The entry of dairy cattle was small and attracted little attention. We quote:— Fat wethers 9s 4d to 9s lid, fat maiden ewes 12s 9d; fat ewes 5s 2d to 6s 9d; fat 2-tooths 9s 2d to lis 2d; 2-tooth wethers 5s 2d to 7s 3d; 4-tooth wethers 6s to 7s Id; 2-tooth ewes 7s 9d to 14s 8d; 2-tooth to 4-year-old ewes 4s 7d; store ewes 9d to Is 4d; 2, 4 and 6-tooth ewes 8s 6d; 5-year-old ewes, 5s 8d to 7s 4d; mixed sex lambs 4s 7d to 6s 7d; B.F. lambs 4s 6d to 7s 8d; springing cows £8 15s to £9; cow in milk £7; store cows £1 6s to £1 7s 6d; empty heifers £1 13s; 2 and 3-year-old bullocks £4 17s; fat cows £3 10s to £6 15s; fat heifers £2 15s to £6; bulls, £1 10s to £3 10s. NGARUAWAHIA SHEEP FAIR. Messrs. Dalgety and Co., Ltd., report having held their Ngaruawahia sheep fair on Friday, 20th January, as under:— There was a moderate yarding. Our entry comprised 3745 ewes and lambs and rams; principally rams. There was a good attendance of buyers and the 3000 lambs yarded found a ready sale at late rates. The following prices were obtained: Forward shorn lambs sold at 8s 4d to 8s 7d; medium shorn lambs 4s 6d to 6s Id; small do, 3s 3d to 3s 9d; low conditioned m.a. ewes 4s to 5s 6d; f.m. black-faced rams up to 15s. MORRINSVILLE STOCK SALE. Messrs. Dalgety and Co., Ltd., report having held their usual fortnightly stock sale at Morrinsville saleyards on Friday, 30th inst., as under:— There small yarding of cattle and a large yarding of store lambs which met with a keen demand at full rate rates as under:— Medium blackface lambs 5s to 5s 3d; small do, 4s; fat ewes 7s; forward conditioned cows £3 6s; calves 245. KAUROA SHEEP FAIR. Messrs. Dalgety and Co., Ltd., report having held their annual sheep fair at Kauroa on Tuesday, 27th January as uncter: —There was a large yarding, probably about 8000, and there was a large attendance of Waikato buyers. Owing to so many reports of record low prices from different parts of the North Island, buyers were at a loss to know what values to give and bidding was slow, but as the sale went on and prices established, bidding became brisker, and a satisfactory sale resulted. Our entry consisted of 4652 sheep of all classes.

The following prices were obtained: Fair store lambs 5s 3d to 6s 6d; cull lambs 2s 6d to 4s 8d; 5-year ewes of good class 6s 4d to 9s 2d; second-class 5-year ewes 5s 4d to 6s 2d; good 2-tooth ewes 14s 7d to 15s 2d; Romney rams, 2 to 3 gns.