COMMERCIAL.

Taranaki Daily News, 17 November 1920, Page 2

COMMERCIAL.

N.Z. AND A. LAND COMPANY. Br Telegraph.—Press Assn.—Copyright. Received Nov. It!. 9.5 a an. Ijondon, No/. 15. The New Zealand and' Australia..,- Land Company's loss on the year's working 'Tas £170,019. The company received £u4tM profit on the Government's re-sale of won!. It transfeired £320,000 from the contuigoiiey fund to the profit and loss account, and carries forward £IG7C—Aus.-N.Z. Cable Asfn. AUSTRALIAN WHEAT. Deceived Nov. 10, 5. 3p.m. London, Nov. 15 The Australian committee continue satisfactory sales of wheat, and thoy are also securing a fair amount, of steamer tonnage at reduced rates. The latest figures are 1333 a ton.—Aus.-N.Z. Cable Assn LONDON MARKETS. HtGH COMMISSIONER'S CABLE. The Department of Agriculture bus received the following cablegram, dated 13th inst., fiom the High Commissioner for New Zealand, London : "Meat.—English in slow demand and prices lower owing to a large supply of Duich selling at Is 3d to Is i%i per lb. English mutton Is Cd to Is 8d per lb.: lamb, only a few Scotch available at Is 8d to 2s per lb. New Zealand mutton and lamb is in active demand at maximum prices. No chilled beef on market this week. Small supply of New Zealand beef selling at last quotations (Hinds lO'/ad, fores 7d per lb). "Butter.—Ejigljsh Is ill fair request at prices u|> to £25 lCs per cwt. (4s 7'4d per lb) ; Irish unobtainable during this week. No licenses have been Issued for shipment from Ireland, where there are ample supplies; price nominally, £25 15s lo £2l! per cwt. (4s 7d to 4s 7%d per lb). If shipment Is resumed, price is expected to quickly slump. "Cheese.—Trade continues very slow; demand has not improved. English £8 15s to £9 per cwt. (Is 6%d to Is 7'Ad per lb.) ; Canadian; Demand for spot is not good. White £7 14s to £8 per cwt. (Is 4%d to Is 5d per lb) ; colored, £8 to £8 4s per cwt. (Is 5d to Is s'/ 2 d per lb). Quotations c.l.f. are firmer for prompt shipment at £7 18s to £8 Is (id per cwt. (Is 4%d to Is 5%d per Hi). Latest offers; Best colored October make, £7 13s per cwt. (Is 4%d per lb.). Canadian stocks in Loudon, November 12, 110,335 boxes, against 52,597 last year; year; New Zealand, 200, against 1)27; but liberal stocks are hold elsewhere on Government account, from which monthly allotment is made.

"Hemp,—Manila market Is firmer. At the beginning of this week "J" grade November shipment sold at £C4 10s. Market, closed dull, with less inquiry, and NovemberJanuary shipment sold £O3. New Zealand market is quiet. Limited business early tliis week, when hlghpoints October-Decem-ber shipment sold at £54 per ton. It has sinco sold at £O3 10s per ton. Other quotations are about the same as last week. "Wool.—Demand generally indifferent. This week's offerings have consisted oi|; Australian: Merinos, greasy, 12,350 bales; scoured, 2150; erossbreds, greasy, 8900; scoured, 950. New Zealand: Crossbred, greasy, 5150; scoured, ItiOO; sliped, 2200."

AUCKLAND STOCK MARKET. Tho N.Z. Loan and Mercantile Agency Co, Ltd., report:— On Thursday hist, at. Westfleld, dairy cows and heifers penned in average numbers sold at late quotations. Best £l6 to £26 10s, others £lO to £l3 15s, aged cows and inferior heifers £0 to £9 15s. Store cattle in large numbers sold equal to last report. Store cows £5 to £8 15s, bulls £7 to £l2 12s, empty 1.1-months to IS-months heifers £4 15s to £7 ss, yearling to 8-months steers £2 Ss Od to £4 17s Od, calves £1 15s to £2 10s.

At Takanlnl, on Friday, we held Mr. 0. Mustapich's snle. There was a largo altomlance, and we report a most successful sale. The dairy cows sold to £32, 18months heifers £7 2s (id, farm horses £2O to £49, sows ill young £8 8s to £lB 18s, boar £7 59, slips £3 as to £1 7s, weancrs £2 19 to £3 4(1. At Takapuna, on Monday, we hud an average yarding, which met with a yeady sale. Springers £7 to £ls 10s, empty forward cows £5 to £lO, yearling to 18-months heifers £4 to £7, ditto steers £2 10s to £5. On Tuesday, at Pukekohe, we had an average ynrdißg, and report a goad Jul*, Mo

grown or 3M.-yenr steers were penned. 2% to 3-year steers £7 to £lO, 18-months to 2year steers £4 Ids'to £8 17a Cd, yearling steers £3 to £4 12s Cd, calves £1 17s Cd to £2 17s Cd, yearling to 18-months empty heifers £4 ltls to £7 15s, n few pens of Jersey 1-eifers same age £8 10s to £lO 10s, store cows £5 to £8 ss, fat cows £9 to £l2 Ms, fat steers £ls to £l7 15s, bulls Ggris. lo 15gns., springers, best £l3 15s to £23 10s, others £!) to £l3 10s, aged cows and inferior heifers £5 10s to £8 15s. At Westfleld fat stock market on Wednesday, beef was Denned in average numbers. Competition was keener than the previous report, tho market showing a firmer tone. We quote: Choice oxen sold to £2 18s per 1001b.; prime oxen sold at from £2 13s to £2 17s per lUOlli.: rough and inferior oxen £2 to £2 12s per 1001b.; cow illld heifer beef sold at from £2 3s to £2 12s per! 1001b- Steers sold at from, for best, £l9; to £23 ss, others £l3 to £lB 15s, cows and: heifers sold at from £S 12s Cd to £l4 ln»;-. Calves were penned In large numbers, anJ" sold at late quotations. Runners £0 10s to £9 ss, heavy vealers £4 15s to £O, medium vealers £3 10s lo £4 12s od.*ligiit vealers £2 15s to £.'! 10s, smaller £1 10s to £2 14s, small and fresh dropped 10s upwards. Sheep were penned in average numbers, selling under keen competition at an advance en last week's prices. The majority of sheep penned were shorn. Slorn wethers: Heavy prime £1 18s lid to £2 0s Cd, medium mime £1 ICs Cd to £1 18s Cd, light prime and unfinished £1 13s Otl to £1 ICs 3d. Shorn ewes: Heavy prime £1 15s to £1 lils ful for u pen fatted by Mr. A. E. Wntltin, Takanlnl; medium primp £1 lis Otl to £1 14s Od, light prime and unfinished £1 7s to £1 Us Od. No woolly wethers were penned Woolly ewes, practically all unfinished, sold at from £1 Is Oil to £1 13s Cd, shorn hoggets, best £1 10s Od to £1 14s Od, others £1 4s to £1 10s Cd, woolly hoggets, best £1 ICs to £1 19s od, others £1 12s 9d to £1 15s 9d. Spring lambs were penned in average numbers, selling under keen enmpet'lion. prices advancing considerably. Heavy prime lambs '£l 17s 9d to £2, medium £1 15s 3d to £1 17s 6d, light £1 13s !M to £1 :r>s. Pigs were penned in large numbers, •,>rie:>s being easier than last rpeort. Choppers .<':': 7s to £9 3s, heavy baeonevs £7 9s to 'fix Cd, medium £6 ICs to £7 Ss, ligl-t £C to £G 15s, heavy porkers £5 2s to £5 15s, medium £3 5s to £5, light £3 fs lo £4 7s, slips £2 7s to £3 ss, wenners £1 5s to £2 6s.

WEEKLY REPORTS. Newton King, Ltd., reports-. At Hulakama, on November 4. we held a clearing sale on account of Mr. c. li. Mathers. Buyers attended in strong numbers from all parts of the district, a most successful sale resulting;. Pony £5 10s, geldings £l2 to £ls 10s, draught mares £lB 10s to £2G, sow and litter £lO. store pigs £3 15s, empty heifers £7 7s to £9 10s, yearhjng steers £3 ss, 2-yoar steers £3 2s (Id, springing heifers £8 to Sir, 10s, lielfers paired £l2 to £lO. dairy cows £ls to £34. At Ureiiui, on the Bth inst., cattle crump forward in Rood numbers. Prices for all classes eased a shade, although the bulk of the yarding changed hands. Hoggets 26s Od, draught niaro £25, draught gelding £22, store cons £0 ir,s to £8 2s Od, forward ditto £9 to £0 15s, fat cows £ll lis, 10month heifers £0 ,1s to SB 15s, Jersey ditto £11) to £lO lSs, empty heifers £7 Oslo £8 17s fid, yearling steers £2 lis to £4 10s, 2-year ditto £7 7s Od, fat steers £l.l ids, bullocks £l2 10s, springing heifers £0 2s Od to £l4 10s, dairy cows £ll to £ls 10s, Jersey ditto £l7 10s, heifers ealrert £7 153, to £l4 10s, 2-year Jersey bull £2l. At Stony River, on November 9, cattle came forward in excess of yarding accommodation, a good attendance of buyers resulted in a steady demand throughout. The major portion of the yarding changed hands at advanced prices in nearly every case. Hack mare unbroken £7 10s. store pigs 2r»a Cd to 489 fid, store cows £0 10s to £7 7s Cd. forward ditto £8 10s to £9 10s, yearling heifers £4 9s to £r, 10s fid, Jersey ditto £0 5s to £0 7s Cd, 15-month heifers £5 10s to £7 9s (id, empty hc'ifcjs £7 iris t'o £9 Is, older ditto £lO to £lO 17s Od, 2-year Jersey empty heifers £lO 10s, yearling steers £2 lis to £4 12s, 15-month steers £4 19s to £5 7s Cd, 2-year ditto £7 to £8 10s, fat cows £lO 5s to £l.l 7s Cd, springing heifers £lO to £lB, heifers calved £8 to £IC, dairy cows £9 to £22 10s, Jersey bulls £8 15s lo £10! 10s, grade ditto 80s, pedigree bull 42 gns., Shorthorn bulls £0 15s to £l2 os.

At Kohuratahi, on the lOlhinst., in conjunction with the N.Z. Loan and Mercantile Co. we report a very heavy yarding of cattle and a fair one of sheep. Enquiry was keen throughout for both classes, outside buyers operating strongly for grown cattle, whilst young cattle mostly remained in the district. Practically the whole yarding was cleared at the hammer. Hoggets 28s 9d, 4 and 0looth wethers 35s fid, store cows £5 12s Od to £0 10s, yearling to 15-month heifers £4 2s Cd to £6 4s, 2-year old empty heifers £C 19s to £7 Is. empty heifers £7 10s, yearling steers £3 Cs to £0 2s Cd, 2-ycar ditto £0 10s to £7 10s,\ 3-year' steers £8 7s Cd to £lO Cs, 4-year bullocks £lO 15s to £l3 17s Cd, springing heifers backward sorts £8 10s, choice quality ditto £l7 to £22, dairy cows £l4 10s. On the same day, at Oaonul, we conduced a clearing sale on behalf of the estate of the late J. T. Cook. The cows which were mostly first calvers and in milk made gioa prices selling up to £27. A number of good heavy horses were also eagerly sought after as also all implements and sundr'es. Tho sale was a most successful one throughout. Unbroken gelding £2S, 3-ye.ir-clld gelding £52 10s, 7-year ditto £3O, 3-year mare £25, 8-year ditto £53, hack mare £l3, store pigs £3 2s Cd, dairy cows up to £l9, while thirty very choice qua.'lty heifers in profit averaged £l7 3s, the highest priced realising ,£25 lfls and £27. At Wawalkaiho on Nor. 12th., we report a full yarding, but an easier toned market. Prices for all classes eased a shade, but a fair portion of the yarding eventually changed hands. Stove cows £0 2s fid to £7 ss, forward ditto £8 10s to ' £9 15s, mixed yearling heifers £4 10s to £5 10s, Jersey ditto £5 10s to £0 Cs fid, grade 15-momh Jersey heifers £l2 10s to £l3 19s Cd, empty heifers £7 12s Cd to £8 10s, Jersey ditto £l2 2s Cd, yearling steers £2 7s Od to £4 17s Od, 2-year old steers £0 15s to £7 Is, 3-year ditto £7 13s to £8 10s, springing heifers backward sorts £8 15s to £lO, better quality ditto £l2 5s to £ls 10s, cholco dairy cows £l6 to £2O, heifers calved £l3 5s to £lO 10s, Jersey bulls £8 10s to £l3, Holstoin ditto £5 5s to £7.