COMMERCIAL.

Taranaki Daily News, Volume LII, Issue 173, 14 August 1909, Page 6

COMMERCIAL.

BANK OP ENGLAND RETURNS. By Cable.—Press Association.—Copyrigh Received August 13, 8 p.m. London, August 13. • The Ban!; (if England returns for the past week are as follow: Gold coin, £37,581,000; reserve, £27,"535,000; proportion of reserve to liabilities, 51.01; note circulation, £20,755,000; public deposits, .£0,402,000; other deposits, £44,202,000; Government securities, £15,300,000; other securities, £28,300,000.

MONEY .MARKET. Received August 13, 8 p.m. London, August 13. The Hank rate is 2'/- per cent, for short loans. On three months bills the rate of discount in London is 1 7-1(1 per cent., Paris li/, per cent., and in Berlin 2 3-10 p'r cent.

COLONIAL SECURITIES * Received August 13, 8 p.m. London, August 13. New South Wales -I per cents, CI07; 31/, per cents, £OB 2s Oil; 3 per cents, £B7 17s (id. Queensland 4 per cents, £lO4. Tasmania!! 3'/. per cents, £OO ss. Westraliitn 3'/» per cents, £llß 10s. LONLON MARKETS.

Received August 13, 8 - p.tn. London, August 13.

Wheat—The brilliant weather, til" | lower American prices, the pressure to | sell new Russian aiid Canadian grain,! are. combining to depress the markets.: There is little inquiry for cargoes. Holders are asking 42s for wheat afloat. There is hilt a small demand for Australian on the spot at 45s 3d. New Zealand longlierry is quoted at 455, sliortlicrry 44s Od. Flour.—The market is weak and inactive. Australian patent makes are quoted in London at 325, and Glasgow at I 32s Od.

Oats.—There is fair inquiry for New Zealand. 20s 8d to 21s 3d lias been paid for gartons and sparrowoills by near steamers, and 10s fid to 20s is asked for July shipments. There is a fair trade in La Plata oats at 16s Od.

Butter.—The market is quiet and unchanged. There is no demand for colonial. The Pericle's shipment has been all stored.

Copper—On the spot, £59 10s 3d; three months, £OO 15s; electrolytic, £.Ol.

Tin.—On spot, £135 ss; three months, £l3O 15s.

Lead, £l2 lis 3d. Sugar.—German, £1 os; first marks, 13s Od. Wool.—On the Bradford wool market fair business is being done. Quotations: Forties 12'/ s d, forty-sixes 1414 d, common sixties 25' Ad, super 2(i'/,d, sixtyfours, 27y 2 d. .

LIVE STOCK MARKETS. NEWTON KING'S REPORT. At the Hayinarket on Saturday good store pigs made 30s', baconers £2 8s Od, small stores lis Od to 17s, weaners 7s Od to 10s, sows £2 ss, boars £1 12s Od, horse, trap, and harness' £ls 10s, pino posts 7d. At Stratford on Tuesday there was a fair yarding of stock. Mixed yearlings made 28s Od to 33s Od, 18-months steers £2 8s Od to £2 10s Od, empty heifer* £2 0s to £2 13s' Od, store cows £2 2s to £2 13s Od, fat cows £4 to £5 ss, 3-ycar steers £4 18s Od, bulls £1 18s Od to £4.

On the same day I held my opening sale of springing heifers for this season. There was a good yarding and a fair amount of business done at the following prices:— Forward springers- £4 15s to £O, rough sorts and backward £3 to £4 10s, springing cows £4 10s to £7 12s Od.

On Wednesday I held a clearing sale at Douglas on account of Mr. W, SI. Uoss. There was a good attendance of buyers, and bidding was brisk throughout. Early culvers made £0 as to £8 15s, late do. £4 life to £5 10s, mixed yearlings 255, horse £l2, mare £lB, sown and litters -£2 5s to £5 2s Od, store pigs 17s. On account of other vendors, cows' £5 to £lO, springing heifers £5 os to £7, (i-tooth to f.m. ewes 0s 2d. The same dav 1 held a sale at Eaholu on account of Mr. IJ. A. .Mills. Early ml vers made £5 10s to £!) 1,35, late do. and empty £2 7„ (id tu £4 10s, mixed yearlings 30s to 30s (id. springing heifers (grade Jcrs'eys) £8 las. empty heifers (forward) £2 10s Oil to £3 '(Js, sows £3 2s (id, store pigs 12s 071 to 20s. Sundries sold well at usual rates. ■ On Thursday I held a clearing sale at Warca on account of Air. W. MeLachlan, when there was a large attendance. The cows were a good lot, and made excellent prices', ranging froui £0 as to £lO as, the whole herd of 53 cows averagin" £7 4s (id per head; bulk £0 10s, wa"° gon 21s, spring cart £7 10s, gig £ls la's. Sundries and furniture sold well. I also sold at the hammer the farm of 200 acres, .Mr. Charles Sole being the purchaser at £l3 10s per acre.

VLCKERS & STEVENS' REPORT. There was a good yarding of cattle in I our Injlewood yards on Wednesday last. Bidding was good for all classes, and nearly everything was s'old. • Calves to yearlings made from £1 10s Cd to £1 19s, empty heifers £1 17s to £2 14s, two-year-old steers £2 12s to £2 16s -store cows £1 15s to £2 18s, springers £3 10s' to £6 10s. s

WANGANUI. Messrs. Dalgety and Co., Ltd., report: At our Wanganui s'ale there was only a small entry of sheep and cattle, but there was good competition, and a total clearance was effected under the hammer at full rates. Quotations: Fat ewes lis Oil, six-tooth and f.f.m. store wethers 12s Sd, medium mixed hoggets lis 7d springing heifers £5 2s 0d to £5 6s'! mixed weaners 325.

AUCKLAND. The New Zealand Loan and Mercantile Agency Company report:— Horses continued'in steady demand, average numbers being brought forward. The usual lota wove brought under tha hammer on Friday at the Durham yards. We quote: Heavy draughts from' £lB !0s to £3B. medium do. £lO 10s to £2O light harness horses £0 10s to £2O, hacks ,C 5 5s to £lB 10s, weeds £3 10s to Co 13s. Courtland waggon £3O, At Papakura on Wednesday dairy cows sold at from £4 to £B'l7s Od do. heifers £3 to £(i 'lss, empty cows ■" lsto£3 10s, two to three-year-old

steers £3 2f) «d to £5 15a, yearlings £1 183 to £2 13s, calves 16s to £1 13s Od. Beef at Ne.wjnarkct rates. Cattle—At the Newmarket yards On Tuesday cattle of all descriptions wore yarded in full numbers. Dairy cows sold "at from £3 15s to £7 10s, do. heifers' £3 10s to £0 10s, empty cows £2 2s to £3 la, calves 10s to £2 la. The beef pens were well filled with cattle of-nice quality, although mostly light-weights, and competition was keen. Oxen sold to 22s per 1001b and cows from 18s to "21s. Steers sold at from £0 2s 6d to £lO 10s, cows £4 os to £8 10s. Sheep.—The Newmarket yards were well tilled on Tuesday, competition being very good. Wethers'sold at from 13s 3d to £1 2s Od, ewc 6 12»' lid to 19s, hoggets lis to 17s Od. The advertised store ewes sold at from 10s U to His. l'igs.—Scarce, l'orkcrs sold at from £1 la to £1 10s, wcancrs 0s Od to 14s Od, baeonciH £2 10s to £3 Is. ' Horses.—At Pukckohe yards on Monday we held a spcciul horse sale, when scarcely the advertised number came forward. Heavy draught horses Sold at from £2l to £32, medium draughts £l7 10s to £25, aged and worn horses ! £lO to £ls 10s, hacks and light harI news horses £8 10s to £lB, ponies £3 10s to £lO, weeds 10s upwards'. We submitted and sold large catalogues of hides, .skins, and tallow on Tuisday, all lines being sold under good competition. Hides.—Market firmer. We quote; Extra stout 7%d to 7%d, stout do. 6>/ 4 d ■ to 0%d,. medium do. 5%d to Od, light do. s'/ 2 d to 5%d; cows', best lines to 1 5%d, good 5%d to 5»/ s d, scored 4%d to • o'Ad; calfskins 5%d to o%d, kips G'/ 4 d to 5%d, damaged hides 3d to 4>4d. Sheepskins.—Market firmer. Best buti chcrs' skins, large to os, good lines fis to 5a 7d, medium 4s Od to 4s 9d, small • 2s Od to 3s Od. Tallow.—Market firm. Best mixed to t 245, good 21s Od to 22s 9d, inferior 18s Od to 20s 6d, rough fat iy 2 d to l%d ' :pcr lb. i Bones' £4 15s, cowtails Is 8d per dozen, ! horsehair Is 5d per lb. i i HUNTERVILLE. The New Zealand Loan and Mercantile Agency Co., Ltd., report on their Huntcrville salo, held on Tuesday, as follows:—Wc had a full yarding of cattle, for which there was a good demand. We quote: Mixed yearlings 35s 4d, springing cows £3 18s to £4 lis, springing heifers' £3 to £3 5«, empty cows £2, two to two and a-half vcar steers £3 to £3 19s Od, bullocks £4 Us to £5 10s. ADDIXtiTOX. At Ad.iiugtou live stuck market tin Wednesday the entries of all classes of atoek wore small. The yarding of store sheep was a small mixed one, and the salo was a dull one, few buyers being present, and prices were easier. There were.only seven or eight .pens of fat hoggets' offered, aad they were mostly small and inferior sorts, and they met with a dragging sale, prices ranging from 0s to 13s Od. A few new season's lambs were penned, and they made His to 17s. The yarding of fat sheep was a small one, but was about sufficient for requirements, as 'butchers were well supplied the week before. I'rices at the opening were about equal to last week's rates, but afterwards became weaker. The 'range of prices was:—Extra'prime wethers 25s to 31s', prime 10s to 10s, lighter 12s 8d to 15s Odj prime ewes 13s fid to 15s, others 10s 8d to 13s;' extra prime merino wethers 17s to 19s, lighter 10s 6d to 12s fld. The entry of fat cattle totalled only 150 head of ordinary quality, and there was a little more briskness iu bidding, values being better by about Od per 1001b. Steers sold at £s' 17s Od to £lO 10s, heifers £4 2s Od to £0 10s, and cows £4 to £0 los—equal to 20s to 23s Od for prime, 18s Od to 20a for medium, and 10s Od to 18s' for cow and inferior beef per 1001b. The bulk of the entry was composed*f dealers' lines. A small yarding of veal calves sold at 4s Od to £3 10s. A lair entry of store cattle came forward, principally well-grown sorts. There was an improved demand, aad a good clearance was etrcctcd at prices showing a rise on late rates, Fifteen to IS-nrouths sorts made £2 2s to £2 15s, two-year steers £4, two-year heifers £3 2s od, three-year heifers £4 10s, two and a-half-year steers £5, three and four-year steers £O, aad dry cows 20b' to £3 15s. A medium entry of dairy cows met with good demand, and all were sold at prices ranging from £3 to £8 10s. A small yarding of pigs sold at improved rates. Heavy baconers made 58s to 05s, medium 60s to 50s—equal to 4%d per lb; large porkers' 44s to s(te, smaller 35s to 42s—equal to o'/.d to Od per lb; large stores 30s to 35s,"mcduim 24s to 28s, and small wcancrs 14s 6d to 17s Od.

DUXEDIN. At itunisidc stock market on Wednesday 202 fat cattle were varded, consisting principally of prime bullocks and heifers. Prices opened at about lust weeks rates for prime cattle, but towards the end showed a drop of about 5s to !0s per head. Unfinished cattle dec med about the same extent. Best bullocks £9 10s to £lO lCfe, extra to £l2, medium to good £8 to £O, light £u to £7 10s; bes't cows, heifers £7 to £B, extra, to £0 2s 6d, medium to Rood £5 10s to £6 10s, inferior £3 10s to £3.

bhecp.-2 ( 00 yarded, a larger yarding than ot late weeks, consisting principally of very prime wethers and not many pens of ewes. Prices were practically equal to last week's, all good sheep ending ready sale. Best wethers-17s to f'! s'™' 5 '™'' B '' H medium to good 14, CI to fis Od, light 12s Od to 14s; best ewes Us to 15s Od, light lis to 12s fid „,h? b %,~ 31 ,° , Vttr<lcd > a very email entiy. lhere being little competition, prices remained on a par with la«t weeks, and pretty well all were taken up by brokers. Best lambs lis to 12s Od, others Us to 10s Od.

ligs.-IJO yarded, including « fine line of porkers from .South Canterbury Considering the number forward the prices for porkers and baeoners' were satisfactory and ahead of last week's Mores and slips sold exceptionally well' and suckers were much the same. Suck-' to JOs, porkers 3Ss to 455, light baconers Jos to 50s, heavy 55s to 70s. L ' HIDE. I SHEEPMU.N, AND TALLOW SALE.

I* A. XOLAX & COAS REPORT. (»n Ith instant we held our usual month y sale of the above, when we sabiiH ted our usual catalogue to good J-'UIH.- ition. Prices for hUIS. ruled very l"'iu all round, good i iean . covv ,//?, «y.-tUy s dn,oixAhaulast-n W nth,wliS S't ox ot good uuality s h„w«l %d to ■M advance. We offered no extra heavy ox of superior ciuality; one line of K <;ows realised the high price of 7%d per s ,c,pia to4os7dperW. Woola P nd , v ' r'T 011 « «»<■' of from 10 per h cr L W'' Ce "/' Stt »<M'» «,ld at, wu Liuis, Heijuote:— -iuality, ox daniaged i %i to s>/ s d ; ho,W oYt 9s 3d, yearlings to (i'/»d calf u™™? S eut OVIII, slippy 4"/, d. ° /8 ' i« 1, n 1 . s ""'• iambs' 2s (id ot'od lt : d ,? to , s ) s Hl.alf-wool s 2 d aged 3 fid d C^U. " S Wl ° W ' ta '

\Vool._Fleece Mto 3 M d, crutehrags * "H Pieces 3%d to 4'/,d. lallow.—Casks, mixed medium 2ifc'fidtins, mixed 10s to 25s * Sundries .-Horsehair Is 2d, t-owtails la id per dozen. . Our next sale will be held on Ist September, 1900. sc