COMMERCIAL

Taranaki Daily News, Volume LIV, Issue 274, 16 May 1912, Page 2

COMMERCIAL

LOAN & MERCANTILE CO.'S REPORT. The Now Zealand Loan and Mercantiyc Agency Co., Ltd. (Stratford branch), report as follows: On Tuesday, 7th inst., we held our usual fortnightly sale, in conjunction with Messrs W. 11. 11. Young and Co. We had a small yarding of 050 cattle and 130 lambs. Store cows came forward in greater numbers than usual. Prices were as follows:—Store cows 32s to £3 17s, forward cows £4 2s to £4 13s, fat cows £5 to £5 Bs, weaner.s (small) 23s fid, weaner steers 30s Cd to 36s Od, weaner heifers (showing color) 35s to 45s fid, 20-months heifers in calf £3 (is to £3 10s, 20-months empty heifers 58s Gd, bulls £3 to £ ! l.w, lambs ss. A nice line of 10 well-grown Shorthorn weaner heifers realised 39s to a local pure 1 ;" ■■'.'. On Fridny, lCui hn':.., wc held our usual monthl/ .".■ at nv.r Kohuratahi yards, when we had a fair yarding of 280 cattle and 100 sheep. Prices realised were as follows:—Mixed weaners 28s, 18-months steers £2 9s to £3 3s Od, 18months empty heifers £3 2s, heifers in calf £4, store cows £3 Is to £3 15s, laii.ij.:, 7s 4d, 2-tooih wethers 13s 6d.

On Tuesday, inst., we held our monthly sale of wool, sheepskins, hides, calfskins, etc. A fair quantity of wool and skins were offered, the bulk of the wool being coarse crossbred and lambs'. Prices for the fleece wool were about on a par with last sale, but lambs' wool was about 1 /, d higher. 'The following prices were realised: —Coarse crossbred fleece fid to G%d, seedy crossbred fleece to 6y»d, lambs' Gd to 7d, crutchings to sd, pieces to 3%d, locks .to 3 J /td. The sheepskins, hides, calfskins and tallow were 'disposed of at full value.

Luring the week we have sold privately several lines of cattle at the following prices:—Mixed weaners £2 to £2 ss, colored In-calf heifers £5 to £5 ss, ami £7 4s Gd for a nice line of 50, sold to Waikato buyo l- -: " •">ar-old steers £fi, a herd of daiv\ ...alising £G 17s Od.

DAIRY PRODUCE REPORT. Messrs E. Griffiths and Co. are in receipt of the following market report from their London principals, Messrs Mills and Sparrow, dated April 4: Butter.—The strike still drags along, although in some districts the men have resumed work, and it is now generally expected that work will he in full swing after the holidays.

Danish: Although imports show a largo I decrease when compared with the same I period last year, trade has heen very ■ slow even at Inst week's reduction, and ( it has been found necessary to further reduce the quotation by throe, kroner. Siberian: The quality of present arrivals is very good indeed, and the butter is meeting with a little better demand. Australian: We regret that we cannot report any improvement in the demand; in fact, if anything, this week has been worse than last. Although quotations are nominally unchanged, buyers have no difficulty in getting .on at less money; indeed, there are so few buyers that seller.? generally seem afraid to refuse any reasonable bid that is made.

New Zealand: Trade has been quiet, and the s.s. Ruapehu is not yet cleared. The s.s. Tainui is now due, and we are hoping Hint there will be a better demand next week.

Cheese.—This market has .held up very well indeed, and as the s.s. Ruapehu's and Delphic's cargoes are practically cleared, there is no doubt that the s.s. Tainui's (shipment will meet with a good demand on arrival. FROZEN MEAT.

Tho Xew Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date May 10:

Frozen meat—The demand for mutton is improving. The market for beef is firmer. The market shows increased firmness for lamb.