COMMERCIAL.

Manawatu Standard, Volume 9185, Issue 9185, 8 April 1910, Page 2

COMMERCIAL.

STOCK REPORTS

Dalgety and Co., Ltd., Palmerston N., report:—At our Taihape sale this day we had a very good entry of both ehecp and cattle, every lot meeting with keen competition. Lambs wero in especially good demand, and Northern buyers secured the principal lines. Quotations: Cull lambs As 7d, aged ewes 5s 6d to 7s 2d, f.f.m. ewes to 11s 3d, 273 wether lambs Bs, 270 medium'mixed lambs 7s sd, 164 good wether lambs 8s 6d, 612 mixed lambs 3s, 144 good owe lambs 9s lid, small lots mixed lambs- 5s 10d to 7s. Cattle: 15-months steers £3, 18 months heifers £2 Is. 3-ycar steers £5, fat heifers £4 9s 6d, wcanors 275, a line of 62 weaners mixed sexes realised - 29s 6d, and a line of 80 well-bred good-condi-tioned 20-month steers sold under good bidding at £3 17s. Dalgety and Co., Ltd., Palmerston N., report:—At our Huntcrville sale on Tuesday, the sth inst., we had a very fair yarding of stock. Although sheep were slow of sale wo managed to dispose of the whole of our entry with the exception of ono pen. 'Cattto were in good demand, and sold at a slightly advanced rate. Quotations:—Cull ewes 5s Id, 5s lOd, cull lambs 4s 2d to ss. cull wethers 9s, s.m. ewes to 9s. f.f.m. ewes to 11s 4d. Cattle: 18-month heifers £3 ss, mixed 18-months cattle £2 12s 6d, empty cows £2 10s, yearlings £2 10s, bulls £2 9s, .stags £2 10s, fat and forward heifers £4 3s, 2£- and 3-ycar steers £5. The New Zealand Loan and Mercantile Agency Co., Ltd.. report that sales have been held at Himatangi, Raumai, and Palmerston North. At each centre we have had good entries of all classes ot stock, and have had excellent sales. There has been good demand for sheep, and cattle have sold particularly well. We quote:—Himatangi—Sheep: Lull ewes 3s 6d, medium lambs 8s 6d, fat ewes 11s 6d. aged rams 6s 6d to 15s. Cattle: Store cows 39s 6d to £2 Bs, forward cows £3 18s to £4 4s, fat cows £4 12s to £4 14s, weaners 25s to 395. yearling heifers £2 6s, heifers in calf £3 7s 6d. Pigs: Slips 7s 6d. Raumai— Sheep: Lambs (small) 5s 6d. ewe lambs 7s 4d to 8s 9d, cull 2-ths 8s lid, cull ewes 5s 2d, fat ewes 10s. Bd, s.m. ewes 10s Bd. Cattle: Aged store cows 245, dairy cows £5 ss, cows in calf £3 10s, heifers in calf £3 2s 6d to £3 6s, springing heifers £4 10s to £5 ss, 18-months steers 31s to £2 16s 6d, 20-months steers £3 8s 6d, a very nice line of 43 wellbred 20-months steers £3 17s 6d. Palmerston North— Sheep : Fat mixed sheep 11s 10d, lamb's 7s. ■ Cattle: Weaners (small) 18s, medium weaners £1 7s to 31s 6d, good weaner steers 31s 6d, 3-year steers £4 19s, forward bullocks £6 2s, store cows £2 19s. forward cows £3 10s [ to £3 12s 6d, fat cows £5, 18-months i steers £3 3s, heifers in calf £3 10s, springing cows £7, cows in calf £3 10s. Messrs Abraham and Williams, Ltd., report:—At our Palmerston North sale on Thursday all classes of stock met with keen competition, and a good yarding changed hands at satisfactory prices. Quotations:—S.m. ewes 9s to 9s 2d, f.m. ewes 8s 3d to 8s 6d, cull ewes 5s to 6s, 2-th ewes 12s, mixed 2-ths 10s 2d to 12s 6d. forward wethers 13s, forward ewes 10s Id, cull lambs 4s 3d k> 9s* 10d. forward cows £3 7s 6d, store cows 31s to £2 7s, weaners 27s to 30s. Messrs Dalgoty and Company, Ltd., report:—At our Palmerston North sale on Thursday we had a very good entry of sheep and a fair entry of cattle. Sheep were in good demand, and practically all lines sold under the- hammer. We quote: Small lambs 4s 3d to 5s 4d. rape lambs 7s Bd, forward ewes 8s 6d to 8s 9d, s.m. ewes 9s 5d to 10s lid, aged ewes 6s 10d. Cattle. — Weaner heifers 28s and 28s 6d, weaner steers 27s 6d, forward bullocks £6 Messrs Abraham and Williams, Ltd., report at Taihape sale on Wednesday: — There was a good entry of sheep and good competition, particularly for lambs and wethers. A moderate entry of cattlo met with a ready sale. Sheep : 2-th ewes 15s Id, 3, 4. and 5-vcar ewes up to 9s 10d, cull ewes 4s 8d,"2 and 4-th wethers 12s Id, lambs mixed sexes 7s 7d. Cattle : steers £4 15s, 2-year heifers in calf £3 Is, 15 to 18-months heifers £2 ss, aged cows 35s 6d. A LONDON REPORT. The New Zealand Loan and Mercantile Agency Co., Ltd., London, under date February 24. 1910, report: — Wool.—There is no fresh feature to report as regards the London market. Advices from the industrial centres at Home and on the Continent are of an encouraging nature, manufacturers generally being well employed, while for tops prices have an upward tendency. A quieter tone is reported in America, and there is a lull in purchases here on account of that quarter. New Zealand Hemp.—At the first part of the period under review a small amount of business was passing at prices which ruled in buyers' favour. Good Fair in dock is selling at £27 and Fair January-February at £25 15s to £25 10s per ton c.i.f. Following this the market became' very depressed, and although holders are 'willing to accept lower prices no business has been done. Wo quote: — Good Fair snot £26 to £26 10s, Febru-ary-April £25 10s, Fair spot £25 to £25 10s, February-April £24 10s to £24 15s, and fair current Manila February-April £24 per ton c.i.f. Tow is in fair request at lower prices, and we quote No. 1 quality £11 15e per ton c.i.f. Cocksfoot. —We have experienced such a wet season, especially in the North, that field work has been entirely suspended, and consequently the market is quite stagnant. Meantime, however, prices remain firm, and we quote 16 to 171b seed at 70s to 72s per cwt c.i.f. Buyers here are not expected to operate in now season until more definite news arrives as to the crop out-turn. Tallow.—There have been four public auctions during tho period under review, and at those the demand has been good, especially for the lower and medium descriptions, which have advanced 9d to Is per cwt. Not much interest has been evident in mutton tallow, and prices ruled in sellers' favour, but at the close with more demand values fully recovered. On c.i.f. terms a large business has been done at prices on a par with those ruling, for "spot" parcels 43j degrees good colour mixed has realised 33s to 33s 9d, ordinary mutton 345, hard sorts up to 355, whilst for good beef, which is not plentiful, up to 34s 9d per cwt c.i.f. has oeen paid. We quote:—Finest mutton 37s to 38s, fair to good 34s to 35s 6d, edible beef 35s 6d to 375, and fair to good 33s 6d to 34s 6d per cwt ex warehouse.

Frozen Meat. —An improved demand has recently been experienced for all descriptions of frozen mutton, and in face of the moderate supplies offering last quotations have been well maintained. There has been a good trade passing in lambs, and for Australian holders have been able to advance prices about ad per lb, while for New Zealand prices remain firm. For the most part chilled beef has been in fair supply, and prices have shown some irregularity,, but latterly, with smaller quantities available, values have been against buyers. In sympathy this week there has been rather more enquiry for frozen eorts at slightly higher rates. We quote :—Canterbury mutton 3£d to 4gd, North Island 3|d to 3ad, Australian 3gd to 3|d, ewes 3gd to 3;jd, Canterbury lamb s£d to sgd, North Island 4?d to s£d, Australian 3-gd to 4gd, A T ew Zealand beef hinds 3£d to 3gd, fores 2|d to 3gd, Australian hinds 3d to sjd, fores 2%<\ to 2gd, River Plate frozen beef hinds 3£d to 3|d. force 2|d to 3&d, chilled hinds 4Jrd to sd, fores 3gd to 3fd per lb Oil' the hooks at Smithfield.

Grain.—There has been little animation in the wheat market, and prices mark a decline of Is to Is 6d per quarter. Even at the lower price there is little demand, operators having adopted a very conservative policy, whilst with free offers from Australia and the River Plato, together with excellent crop prospects in India, a further decline in prices is probable. Not very much hns been done in Australasian for arrival, holders' ideas of values being above the. market hero; 39s per 4801b c.i.f. will buy sailer cargoes of Australian January bill of lading, and '38s 9d per 4801b c.i.f. is tho

price of a handy-sized cargo of New'l South Wales, now loading. Oats arc quiet with an easier tendency ; 18s 6d per 3201b c.i.f. is about the nearest price today for A Gartons for shipment. Beans and peas are quiet at late rates. There is no change in the position of the market for Tasma'nian Maple peas. We quote: —Australian wheat, 41s to 42s 6d per 496 lb; New Zealand wheat (longberried), 39s to 39s 6d per 4961b; New Zealand wheat (shortberried), 38s 6d to 39s per 4961b; New Zealand barley, 25s to 28s per 4481b; New Zealand oats (Sparrowbill), 22s 6d to 24s 6d per 3841b; New Zealand oats, Danish, 17s to 17s 6d per 3201b; New Zealand beans f.a.q., 40s 6d to 41s per 5041b; Tasmanian Maple peas, first quality, 56s to 60s per 5041b ; Tasmanian Maple peas, second quality, 52s to 54s per 5041b; Tasmanian Maple peas, third quality, 48s to 50s per 5041b; Australian flour, 30s 6d to 31s per 2801b.