COMMERCIAL.

Manawatu Standard, Volume XLI, Issue 9134, 5 February 1910, Page 7

COMMERCIAL.

STOCK SALES. The New Zealand Loan and Mercantile Agency Co., Ltd., report for the week ending February 4: —At Apiti on Tuesday wo had a small entry of cattle and sheep which sold at tho following rates: 2-th wethers 10s 9d, wether lambs 6s 3d, forward owes 7s 9d, aged rams 12s, small weaners 20s, weaner steers 28s, yearling heifers £2 11s, 2-year heifers £3 7s od, steers £4" to £4 10s, 18-months steers (good) £3 10s, dairy cows £4 4s. At Feilding on Friday we had a good yarding of sheep and a small entry of cattle. There was a fair inquiry for sheep and a good clearance was effected. We quote:—Store wethers 11s 3d, forward wethers to 11s Bd, rape lambs to 6s 7d, store cows £2 17s 6d, forward cows £3 14s, fat cows £4.

Messrs Abraham and Williams, Ltd., report on their Eketahuna stock sale held yesterday as follows: —Sheep came forward up to advertised numbers, but the sales now being held weekly account for the yarding being smaller than those previously held. During the last month the attendance was satisfactory, but outside buyers were conspicuous by their absence, and the sale for sheep dragged somewhat at auction, but on the whole wo made a good clearance, only one vendor being compelled to take his sheep home. Cattle were well competed for, business at auction being animated, young steers being particularly in demand. Quotations: —Cattle, well-grown bullocks £5 6s, steers £3 16s to £3 18s 6d, 2-ycar-old steers £3 9s, empty heifers £3 16s, store cows £2. Sheep :S.m. ewes ,8s to 9s sd, culls 2s 4d, 6-th owes 8s 2d, ewes with failing mouths 4s 6d to 7s, 2-th ewes 11s Bd, 2-th wethers 10s 4d, shorn lambs to 6s 2d, culls 4e sd. The New Zealand Loan and Mercantile Agency Co., Ltd., report:—We held our usual fortnightly sale at Levin on Friday, when there was a large yarding. The attendance of buyers was good, and the bidding was brisk. We managed to clear nearly everything at the following rates: —Fat and forward ewes 9s sd, cull lambs 3s 9d, 4s, and 4s Bd, small woolly ewe lambs 6s lid, good woolly wether lambs Bs, shorn rape lambs 6s Bd. WOOL, SKL.V AND HIDE SALE. Dalgety and Company, Ltd., report on their Palmerstqn North wool, skins and hide sale as follows: —We offered an exceptionally heo.vy catalogue to a good attendance of buyers. All lots met with keen competition. The following is a list of prices realised. Wool. —Crossbred, fine 10d to medium 9d to 9|d, coarse 83d to Bijd, logstained and inferior to B£d; lambs, good 10d to 10gd, medium 9d to 9gd, inferior to B£d; dead wool, 7d to 7^d; pieces, to s£d; crutchings to β^d; locks and pieces, 4d to 4&d; inferior locks, from l£d to 3d; black wool, 6gd. Sheepskins. —Full wool, crossbred, coarse to 7id, medium Bd, fine B^d; lambs,'7£d; crossbred, damaged sid to 5Jd; dead 6kins, s£d to 6£d; hoggets, sgd to 6£d; dead hoggets, 63d; pelts, 5d to s|d; inferior and damaged, to 4d ; butchers' pelts at each 2s to 2s 6d; ditto salted at each Is 9d, 2s. 2s 3d to 2s 6d; lamb pelts, Is to Is 3d; woolly lambs, 2s 6d to 3s. Hides.—Ox medium to 7§d; ditto light, 7d; steers, 6d; cow, best lines 6|d to 6|d, good 6|d to 6£d; bulls, sid; yearlings, 6d to 6|d; cut hides, to 6d; slippy, 3d to 4§d; dry hides to 6d; horee hides, 5s 6d each. Calfskins. l —Best lines good Bfd, meaty 7id, cut sjd, slippy 4jd, dry Is 2d each. Sundriee. —Tallow, in tins 21s 6d, casks 235, rough fat 16s ■3d ; horsehair, Is 2£d to Is 4ad per lb; rabbitskins, 10^d; tails, Is 4d per dozen. Our next sale takes place on Friday, the 4th March.

Messrs Abraham and Williams, Ltd.. report on their monthly 'wool, skin, and hide sale held yesterday: We had a very largo catalogue to offer buyers, who were well represented. Prices were a little in advance of last sales' rates. We quote as follows:—Wool: XB, 7ad to lO4CI, lambs 8d to lOgd, bellies and pieces 5d to 6gd, black wool up to 6d, locks and pieces to 4d, pieces 4d to 5%d, locks 3|d. Skins: XB fine 7£d to Bgd, XB medium fine 7ld, XB 51d to 7£d, lambs sid to 7£d, pelts 4£d to 5R lambs pelts' sd, lambs at per piece 3s, pelts at per piece 2s 3d, salted pelts Is lid to 2s sd. XB salted 5s 6dr Hides: Sound calf 7£d to 9|d, calf slippy sd, yearlings 6id, heavy ox 7|d, lighter 7|d, medium 7gd, cows 6gd to 6|d, steers 6gd, bulls s£d to s|d, cows slippy Horse hides 7s; tallow, tins 21s 6d; casks, 23s 6d, 24s 3d; horse-hair Is cowtails Is lgd.

LONDON QUOTATIONS. (By Electeic Telegraph—Copyright.) ,(Peb Press Association.) Received Feb. 5, 10.30 p.m. LONDON, Feb. 4. The Bank of England returns are: — Gold coin £35,676,000, reserve £26,956,000, proportion of reserve to liabilities 50.46, "in circulation £28,154.000, public deposits £10,211,000, other deposits £43,194,000, Government securities £1*1,011,000, other securities £30,459,000, three months' bills 2 9-16, short loans 2jd, bank rate 3£d. Consols 81J, New South Wales fours 107 i, three and a halfs 98, threes rest unchanged. The wheat market is dull with an easier tendency. Re-sellers of Australian cargoes are willing to accept a reduction. There is little inquiry, and 40s 9d is asked for South Australian and Victorian, and 40s 3d for February. Flour: Australian patents nominally 31s to 31s 6d.

Oats arc steady. La Plate JanuaryFebruary 15s l^d. Butter is very firm with a good demand. Choicest Australian 118s to 120s, occasionally 1245, secondary Australian 114s to 116s, Danish 125s to 1275. Cheese "is firm. New Zealand 58s to 595, Canadian 60s to' 625. A direct shipment of South Australian lambs to Avonmouth found a good market at 3£d and 3gd. Copper, spot £59 11s 3d, three months £60 8s 9d ; "electrolytic, £62 ss; tin, spot £147 2s 6d,' three months £148 15s; lead, £13 7s 6d; iron, 51s sd. Sugar, German 12s Id, first marks 15s 2d. „ At Bradford wool is cheerful, and all sorts are fully maintained. There is a slight hardening tendency in crossbreds.