COMMERCIAL.

Taranaki Daily News, 3 February 1923, Page 2

COMMERCIAL.

CARGOES MARKET. By Telegraph.—Press Assn.—Copyright. Received Feb. 2, 5.5 p.m. London, Feb. ? Cargoes market dull, owing to selling pres.- , sure by Lu Plate shippers and expected heavf clearances from Argentine; prices occasionally 3d lower. Parcels are easier, with fair business at 3d to Gd decline. The spot trade is LONDON MARKETS. Received Feb. 2, 5.5 p.m. London, Feb. 2. Flour.—Slow and prices easier; Australian, ex store, 39s 6d to 40s, Burley.—Firm, but slow; Australian Chevalier quoted about 50s ex store. Oats.—Quiet. Beans and Peas.—Slow and unchanged. Sugar.—Granulated 4fls 4d. TALLOW SALES. London, Feb. 1. At the tallow sales 1920 casks were offered and 873 sold at late rates to 6d decline. Mutton, fine 42s Gd, medium 37s 6d; beef, fine, 42s 6d; medium 375. AUSTRALIAN MARKETS. Melbourne, Feb, 2. Barley.—English 4s 6d. Oats. 3s 8d to 3s B*&d. Potatoes, £4 15s to £5 10s. Onions, £4 to £4 10s. ,< THE WOOL MARKET. EXCHANGES CAUSE DROP. London, Fob. 1. Owing to the collapse In exchanges, merino wool fell 5 per cent, and there wore many withdrawals. Crossbreds were not affected. . Received Feb. 2, 5.5 p.m. London, Feb. 2. Bradford top quotations are unchanged. Iso-, lated makers are inclined to reduce prices a trifle. Users are buying little, and the business done is small. THE PIG MARKET. At Newton King, Ltd.’s New Plymouth haymarket yesterday there were four or five pens of pigs. Slips made 15s, 16s, 17s and ISs; stores, £l, £1 4s and £1 12s. ADDINGTON MARKET. Christchurch, Jan. 31. Fat lambs and pigs increased in values, while fat sheep values were maintained. Prices for fat cattle, however, showed a reduction. Store Sheep.—The yarding was a large one, drafts being forward from Nelson, Marlborough and West Coast. Exceptionally keen demand was made' 1 for lambs, which realised high prices. Ewes 'were also in demand. Forward 4,6, 8-tooth wethers 28s 6d to 29s 7d, ordinary 26s to 28s, forward 2-tooth wethers 29s 2d to 31s, ordinary 26s ud to 28s, good rape lambs 23s 6d to 25s Id, ordinary 21s 6d to 23s 3d, small inferior 15s Gd to 21s, four, six and eight-tooth ewes 30s Gd to 36s 3d, six-. I tooth three-quarter bred ewes 375, two-tooth crossbred ewes 28s Gd to 33s 6d, failingmouthed ewes 20s to 27s 6d, low conditioned failing-mouthed ewes 17s 3d to 19s 6d, aged ewes 2s Gd to 17s.

Fat Lambs.—A yarding of 4066, compared with 4640 last week. Freezing buyers got the majority of the yarding at prices which were from Is to Is Gd per head better than the previous market. On the average freezing works buyers paid from to lOVad per

lb. Graziers competed for light lambs, but generally found the prices too high for them, extra prime lambs 33s Gd to 38s lOd, prime 30s to 335, medium 28s to 29s 9d, light An’{..he'd 24s 9d to 27s 6d.

Fat Sheep.—The yarding was again small. The sale opened briskly, prices being all round about on a par with last week, wethers being perhaps slightly bettor and ewes slightly easier. Wether mutton made from 6%d to 6%d per lb and ewe from 5%d to ffUd, extra prime wethers 37s to 40s, a few special 43s 9d, prime 34s to 36s Gd, medium 28s Gd to 33s 6d. light 25s Id to 275, extra prime ewes 30s 6d to 35s lOd, prime 28s 6d to 30s, medium 25s to 28s, light 23s to 24s ftd, aged 17s ftd to 22s 6d.

Fat Cattle.—The yatding was a large one. The hot spell of weather had an adverse effect on the sale particularly with regard to heavier stuff, and prices dropped all round 20s. per head. Well finished beef made from 27s Gd to 30s per 1001 b., medium 24s 6d to 275, unfinished 21s to 23s 6d, old cow beef to 20s. Fat cattle: extra prime steers £l4 5s to £l6, prime £lO 17s 6(1 to £l3 15s, medium £3 15s to £lO 10s, light unfinished £4 12s to £8; prime heifers £6 15s to £7 17s 6d, ordinary £4 to £5 15s. Vealers.—Last week’s values were fully maintained, good runners £4 12s 6d, ordinary vealers £2 17s 6d to, £4, small calves 8s and upwards. Store Cattle.—A large yarding and keen competition, with values improved: 4-year old steers- £6 10s to £7; S-year £5 15s to £6 IGs; 2-year £3 10s to £4 ss; yearling £1 5s to £1 12s 6d 2-year old heifers £4 5s to £4 Iss; yearling £2 15s to £2 17s Gd; good cows £2 2s 6d to £2 12s Gd medium cows £1 to £1 10s.

Dairy Cattle.—Values were amintained. Extra good second, third and fourth calvers spring, £ll 10s; good second third and fourth calvers £8 to £fl; medium second third and fourth calvers £5 10s to £7 10s; springing heifers £4 to £B.

Fat Pigs.—A good demand resulted in improved prices. Choppers £1 10s to £3; light baconers £3 7s Gd to £3 18s, heavy £4 to £4 8s Gd; average price per lb 6d to 6%d; light porkers £2 5s to £2 12s; heavy £2 15s to £3; average price per lb 7d to B%d. Store Pigs.—These sold better in sympathy with the price of bacon. Well grown pigs rose from 5s to 6s a head. Large stores 48s, medium 35s to 40s, small 28s to 345, extra good weaners 225, ordinary weaners 15s 6d to 18s. BURNSIDE MARKETS. Dunedin, Jan. 31. A feature of to-day’s sale at Burnside was the keenness with whicji buyers operated, butchers and freezing representatives being keen competitors for all lambs suitable for trade and export purposes. There was a larger entry than usual, a fair proportion being of prime quality, while a number of pens contained animals only fit for graziers’ requirement. The latter were not operating so keenly as last week. Prices realised were about on a par with those obtained at last week’s sale, to-day’s values being on the basis of about lOd per lb. Fat Cattle.—The entry was slightly larger than that of last week, the figures being 245 and 231 respectively. The quality on the whole was good, but pens contained a number of indifferently finished steers and medium cows. Prices at the opening showed a decline of from 7s Gd to 10s, compared with last week’s rates, but they firmed up as the sale progressed, fine handy-weight steers selling much on a parity with values ruling a week ago. Prime ox beef 2«s to 29s per 100 lb, medium quality 275, extra prime heifer beef 22s 6d to 245, light 21s to 225, good cow beef 18s to 20s, aged 16s to 17s 6d. Extra prime heavyweight bullocks sold up to £l4, prime ditto £ll 17s fid to £l2 12s fid, medium £lO 5s to £H 6s 6d, others, £8 10s upwards, best cows and heifers to £B, medium £6 12s Gd to £7 10s, others from £5 upwards. Fat Sheep.—A medium yarding, numbering 221 ft, principally good quality. Prices firmed slightly at the commencement of the sale, especially for prime heavyweights. The closing prices were about 2s per head dearer for all prime sorts. Export buyers wore operating to a certain extent. Extra prime wether mutton (heavyweight) was bought on a basis of per lb, ditto light Gd to 6‘4<l, prime light wethers 6%d,- extra heavy ewes 4%<1, medium . to good light ewes sd, aged and inferior 4d I to 4%d. Extra, prime heavyweight wethers realised up to 45s 9d, prime 44s to 45s 3d, medium 35s to 375, light and inferior sorts I 29s to 31s. Prime ewes realised from 25s

to 32s 3d, extra prime 34s to 38s 9d, medium. 24s to ,265, .light and agjed 20$ to 225. . Lambs.—A large yarding, numbering about 1200. Prime . realised-from 33s to 355, medium 2Gs to 28s, graziers’ sorts 20s to 235. One pen containing two animals of extra prime quality realised 45s 6d each.

Store Cattle. —A medium entry of mixed quality. Very few good bullocks were, amongst the number. One pen of three year old bullocks realised up to £5 10 per head. Young and backward conditioned cattle sold at very cheap rates. Dairy Cattle.—Over forty head of cattle were offered, mostly of good quality. It was expected that prices would be fully equal to those realised at the previous sale. Pigs.—A small entry, comprising mostly porkers. Competition was fairly brisk, and higher prices wore obtained for botli baconers and porkers, the advance being in the vicinity of 5s per head. Prime baconers realised up to 6d and prime porkers GVad to 7d per lb. WANGANUI STOCK SALE. A BUOYANT MARKET. Prices were distinctly good at this week’s Wanganui stock sale. The sheep market was buoyant and bididng was keen for good lines. The prices ranged : Four-tooth Southdown rams 7% gns., 4-year do 5% guineas, 4-year Romney rams % guinea. G6O 2-tooth wethers started at. 28s and sold nt 30s fid, 258 2,4, 6-tooth ewes, mixed line, passed 21s Gd, 248 mixed lambs from Raetihl 18s fid, ewes 26s 3d, 440 lambs suitable for topping off passed 16s ftd, wethers 29s sd, 816 2 and 4-tooth wethers (small) 26s 3d, 45 ewes (good frame) 28s, 126 2-tooth wethers (small) from Sounds 245, 2, 4 and 6-tooth ewes 31s, 2-tooth wethers (low in condition) 18s lOd, 280 4 and 5-year owes 20s 7<3, 2-tooth wethers (good line) 35s Id, 215 lambs (small) 15s Id, 105 lambs 22s 3d, 91 6-tooth wethers 30s 7d, 150 2 and 4-tooth wethers from Raetihi 27s Gd, 176 4 and 5-year ewes passed at 235.