COMMERCIAL

Stratford Evening Post, Issue 68, 25 March 1929, Page 8

COMMERCIAL

TARANAKI STOCK MARKET. -Messrs Newton King Limited'a stock market for week ending Saturday March, 23 is as under: Beef.—No change, has taken place in the prices offering in. this section by Freezing Companies during the past week and full clearances of the limited numbers that are coming tor, ward to our markets have been effect, ed at prices equal to those mentioned in o"r' last report. ' Sales of ox beet through the medium ; of private treaty are being steadily Effected at late rates.

v Fat Sheep.—A s with, beef, no fur. ther change has been effected in the prices ruling in this section. The majority of* the larger' lines of ewe and wether mutton have, been absorbed by the various Freezing Companies and sales to'Works buyers are therefore not so frequent as they were a! fortnight ago. Sales for local cortsuuu ptFon, largely through the medium) of private treaty, are being. effected at prices a little in advance of tlhosg offering by' Works' Buyers. Store Sheep .—The' offerings : of tin a class at our various centres for the most part are meeting with a ready sale but at prices a little easier than those ruling a few weeks back but in view of the majority of the requirements ''having been •fulfilled at open, ing Fairs a decline is naturally to be exited'; however, the prices' at pre* sent' ruling are,, if anything, in advance to those that were offering this period last,year. At Ohura* on Thursday last a good offering oi all classes was submitted and practically a full clearance was effected at satisfactory price, while at Aria on Tuesday last a fair entry came forward and sheep of good quality sold) at rites'almost on a par with those ruling during the''month of February. Sales of the "various''classes have been effected as Sf tooth ' ewes Big 10d to''36s lOd, 4 year ewes 30s to 30s. 6d;' 4 and' 5' year ewes 26s 9d; aged' ewes 18s 6d ! to 22s 3d; 2 tooth wethers (smalls 26s to 23s lid; 4 tooth wether/s 2>Bs;' forward conditioned 4'and 6 tooth wethers 30s; good Wether lambs 19s to 20s, M.S. lambs 18s 6d to 22s 3: medium ewe lambs 19 s 6d to 21b ; culls 12s 6d to 15s od-. Store cattle.—With no further reduction in*'thieve- offering ' by; Works' buyers 'for 1 fat*,' 1 prices ruling in this section'are on a par with late quotations, A'good enquiry still exists for male cattle and the good yardings that came forward to our Ohura and Aria sales met with a ready gale. Prices 'riding! being ;a|s folkws: ■ 3i year steers £9 2s 6d; 2} year steers £8 2s ; 6d; good 20 months steers £6 15s; mjixed ctf.crareidj sorts ,£5 10s; well bred 20 months P.A.. steers £, 10s, while w'elfbred Shorthorn steers of the same age made up to £7 13s 6d; P.A. weaner steers £4 10s; mixed" coloured weancr steers £2 5s to £3 2s 6d; 20 months P.A. heifers £6 10s; mixed coloured] weatnei" heifers £2 to £3 5a- ■ . „ ' A fair enquiry exists for good quality Jersey weanefs while the small and mixed coloured sorts are not keenly sought after. Sales 'of the good' quality cattle through the medium of private' treaty have been effected to"6uts«fe buyers during the week at from £5 to £5 10s. Bay numbers of this class are ccmmx for. ward to our open markets M* ar b changing hands at Prices equal to those mentioned in our last report. Dairy Cattle.—A good enourry Lna set in for this class and sales are bein* steadily effected largely by f"va t treaty. During the •*■«•* ofitlnte buyers have been operat.ng and sales have been effected as 'oll> ; v»: Lvtra good 2 and 3 year 17s 6d, good quality sorts £ll to «* Others £9 10s to £lO. A few of tls class of moderate quality are **** Emitted at our various centres -d are changing hands at prices twm from £7 to £8 10s There « also a good enquiry far dairy herds and 22 of this class, on a forward d - j£ basis, are being steaddy ef ectedS from £l3 to £l4 10s while a !tk of 30, frmn a herd of 50 good quality Jersey cows, were so*d at £ Kg,-Good yairdiW *™ **« knittedaV our various a, re selling at reduced rates, prices rli.'being a, follows: Large stores tw4^to 2 3s;bests;.s 12s to 14s; good weaners Sato IDs, others 4s 6d to 6s 6d. DAIRY PRODUCE. The New Zealand Loan and Mercantile Agency Company, Limited, have' received the following advice from their London house dated March 20 (late week's quotations being in parentheses): Butter.—N.Z. choicest salted 164 s to'lf.6s per cwt. '(l6Bs to 170 s). Market slow.

Cheese.-Coloured 89 tb 90s per cwt (88s to 90s per cwt). White, 87s to 88s per cwt. Market steady.

LONDON PRODUCE MARKET.

LONDON, March 26

The position of the butter market continues unsatisfactory, chiefly on account 1 of the continued heavy shipments from Australia and New Zealand. The quantities afloat to the United Kingdom from Australia New Zealand and Argentine on March 21 were 699,000 boxes, which is 177,-

000 boxes more than in the corresponding period of 1925. Another depressing factor is the weakness of Danish owing to the lack of demand from Germany. In consequence Danish supplies to England have heavily increased, and the official quotation was lowered' this week by 25 kromer per hundred gilograms, the present value here being about 30s per cwt. lower than a year ago. FEILDING STOCK SALE. Levin and Co. Ltd. report on Feilaing sale of March 22 as under: We had a fair entry of sheep' and a moderate one of cattle. The. best pens of breeding ewes were, "freely competed for and prices 'vrero firm at late, rates. Store lambg were in better demand and prices were slightly in advance of recent quotations. We had a total clearance of cattle at auction at late, rates.

■W© quote: Best 4 and 5 year ewes 27s 9d,_ 28s 3d, 28s 8d!- others mix. ed &gd:\, 255, 28s 7d:,f. and f. ewe, 19s, 20s; medium 2-tooth ewes 36s 2d, 36s 2d; medium.2-tooth ewes 33s 8d; Romney wether lambs ,17s Id; 18s sd, 19s : small do 12s 3d, 12s 10d; small ewe lambs 17s 7dj; b.f. lambs 14s 3d!, '18s; fat wethers 29s'3d, 30s; fat lambs 21 s, 235; 2nd calvers r.w.b. £7 ss; Jersey heifers r.w.b. -£0 Us; PA. X heifers £0 17s; fat heifers £7 ss, £8 155,, fat cows £8 17s 6d. :