COMMERCIAL.

Taranaki Daily News, 8 February 1923, Page 8

COMMERCIAL.

WOOL PRICES FIRM. By Telegraph.—Press Assn.—Copyright. London, Feb. G. At the wool sales there was a poor selection of merinos and an average selection of crossbreds, and brisker Continental competition for all classes. Prices were Arm. At Bradford, there was small business. Topmakers are slightly easing their Quotations, and a few spot lots were offering rather under the market quotations. LONDON WHEAT MARKET. London, Feb. G. Cargoes are steady, but irregular. There was small demand for near-by stuff, but the Continent was not buying owing to the fluctuations of exchanges. Parcels steady. LONDON MARKETS. HIGH COMMISSIONER'S CABLED REPORT. • The Department of Agriculture has received the following cablegram, dated February 3, from the High Commissioner for New Zealand, London: —■ MEAT. Market continues to be depressed owing to very unseasonable weather. Mutton is slightly weaker, lamb about the same. New Zealand supplies very small, and cannot be quoted. Very little New Zealand beef about, and price nominally unchanged. New Zealand Beef.—Fores: February 3, 4%d; January 27, January 20, 4&d. Hinds: February 3, 4%d; January 27, 4%d; Januarj* 20. 4%d. Chilled Beef.—Fores: February 3, 4%d; January 27. 4%d to sd; Januarj' 20, sd. Hinds: Februarj- 3, 5%d; January 27, 5%d to Gd; Januarj' 20, 6d. BUTTER. T. ” Market, quiet generally. New Zealand.—Salted, finest: February 3, 196 s to 198 s per cwt. (Is 9d to Is 9%d per lb) ; Januarj’ 27, ditto; January 20, ditto. Unsalted: February 3,198 s to 200 s per cwt. (Is to Is 9%d per lb); January 27, ditto; January 20, ditto. Other qualities: February 3,190 s to 192 s per cwt. (Is B%d per lb). CHEESE. Market steady and supplies small. New Zealand—February 3, colored 126 s to 130 s per cwt. (Is l%d to Is 2d per lb), white ditto: Januarj’ 27, colored 124 s to 128 s per cwt. (Is l J 4d to Is l%d per lb), white 124 s to 126 s per cwt. (Is I’Ad to Is l%d per lb) ; Januarj' 20. colored 124 s to 128 s per cwt. (Is l%d to Is l%d per lb), white ditto. A shipment of New Zealand produce arrived this week per s.s. Port Denison. Australian shipments from Januarj’ 18 to January 24 totalled 41,011 boxes butter and 307 crates of cheese. Estimated cheese stocks on February 1 at London, Liverpool and Bristol were: New Zealand and Australian, 15,150 crates; Canadian and U.S.A., 21,500 crates; against 36,900 and 90,000 crates respectively for same time last year. LOAN AND MERCANTILE REPORT. The New Zealand Loan and Mercantile Agency Company, Ltd., Hawera branch, report : At Kakaramea on 29th ultimo a good yarding of cattle came forward. There was a large attendance and bidding was spirited throughout, and practically the whole yarding was disposed of at prices satisfactory to vendors. Wo quote: Fat cows to £5 7s, good conditioned cows £3 10s to £4 4s, others £2 2s Gd to £3. works bulls £2 7s Gd to £5 ss, weaner heifers, Jersey cross, to £2 10s. medium Jerseys £3 9s, yearling steers £2 17s Gd to £3, pigs 10s to 28s. At Eltham on 31st ultimo the largest yarding of stock for some considerable time came forward. This consisted of about 2500 sheep and 350 head of cattle. The sheep showed signs of the recent stormy weather which they encountered on the waj’ from the back country, blit found buyers at prices a little below sose ruling for smaller lines recently. Some I very fine bullocks came forward and mot with good competition. A special feature of the sale was an exception all y fine line of twentj' I Jersey weaner heifers, which found a buyer at £G 15s, after spirited bidding between outside buyers. Bulls and fat cows sold at late rates. We quote s.m. ewes 22s 9d to 245, store lambs 20s Gd, cull lambs Gs Rd to 14s, fat and forward wethers 335, fat bullocks £8 10s, forward steers £6 10s (passed), fat cows £4 to £6, Jersey weaner heifers (choice) £6 15s, medium Jersey weaner heifers £3 10s to £4 12s Gd, small and mixed I Jersey weaner heifers £2 to £3. | At Hawera on the Ist instant we had a gond yarding of both sheep and cattle. Competition was very keen throughout, and we report a total clearance at satisfactory prices. We quote: Fat and forward bullocks £5 10s to £7, fat cows £4 15s to £6 2s Gd, store cows £2 10s to £4, works hulls £1 15s to £5 ss, 18-months steers £2 14s, springing rows £4 10s to £7, 5-year Romney cross

breeding ewes 2Gs 3d, 2-tooth ewes 30s Gd to 2-tocth wethers 28s 6d to 295, fat

ewes 255. At Waverley on 2nd instant there was a large attendance. A heavy yarding of both sheep and cattle came forward. Sheep met with very keen competition. Grown steers eased up a HtUe in price, whilst store cows and bulls sold well. The bulk of the yarding was disposed of at the following- prices: f.frn. ewes 27s 3d, aged ewes Gd, 6-touth f.f.m. wethers 27s Gd, shorn lambs 14s to 16s 9d, 2-year steers £5 9s to £5 14s, 2ycar steers £3 Bs, fat cows (light) £4 2s 6d. FARMERS’ CO-OP. REPORT. The Farmers’ Co-operative Organisation Society of New Zealand, Ltd., report for the week ending February 3, 1923: On Monday at Opunake we had a large yarding of cattle, practically every pen- in the yards being filled. The of buyers was good, and bidding was keen throughout, prices being firm at late rates. Weaner steers were in demand and sold at cxceptionally good prices, one line of Shorthorns fetching £3 Bs. Fat sheep made 345. dairy cows and heifers close to profit £5 15s Jo £6 10s, works bulls £3 10s to £B, to weight best cows £5 4s, good forwafa conditloned eowS £3 15s to £4 10s, heavy worts cows £3 to £3 ITs 66, others £2 upwards, cows with calves to £4 14s. 18-month steers pg l 9 s 2%-vear ditto to £4 los, 3%-year ditto £5 os'to £5 16s, weaner ditto £1 14s Gd to £3 Bs, empty heifers 18-month £3 .<s to £3 12a Gd, in-calf extra well-grown _- vpar' heifers £5, fair Jersey cross weaner heifers £4 4s, good mixed bred weaner heifers £•2 11s, others 30s to £2. At Manala on Tuesday we held our usual stock and weaner hWfer lair, when we yarded 200 wenners and a W entry of big cott e. Biddin- was keen throughout and practically even une changed hands. The Mowing are some ,ot the prices. Good Jersey 1 , c x? - to £5 fair to good £4 weaner heifers £■’ »s ,0 , t 0 £4 ns, r S £2 lOs, mixed ditto to £2 10s, e? , S 6. fa. atniMward £4 .0 £5 5s voung cows - > „ po to *3 17s (id. old £2 up. wodnesf/ at Inglewood wo had a largo yarding. Quotations : F-"™ cd ’ 2 r,s 4d forward Wlort £6 £ ; - - 10 £1 13s ’ * 1.0 lOS Jersey’.cross weaner others ~. t ° cd t s2 io Si m. heifers to £'l, or* 11 '” 1 /- /e‘/ ; .h n s/e." £4 ' £2 e2 ’ios. small 30s. lambs 12s to 1,. M. At Stratford on the same uay wo had a fair rartln- made up mostly of rows and bulls, Jrice” wore on a par with late rates. newton king, ltd., report. At Douglas sale and sheep fair on January .-0 n had a good yarding nt sheep an' “ ,Wernle one of rattle, the whole of winch «s th : Sra'ai'y’Vbb*/ one.

mixed age do 25s 7d. lambs 16s Gd to 17s 7d. smaller do 3d. 18-tnonth steers £3 Ss Gd, bullocks £4 11s, aged do £6 14s, weaner Jersey'heifers £l. heifers r.w.b. £4 2s fid to £5 10s, store cows 32s to £2 Gs, forward do £3 15s to £3 18s Gd, light fat do £4 Ils, boner bulls £2 10s to £5. At Stonj' River sale on the 30th ultimo we bad a full yarding of all classes of cattle, and report a bright sale. The first wcaners of the season in this district were yarded at this sale, and the values for these wore quite on a par with' those ruling elsewhere. All other classes of cattle sold at late levels. Weajjer heifers £2 3s to £3 13s, inferior do 30s to 325, emptj’ 12-nionth heifers £2 13s Gd, Holstein heifers r.w.b. £5 2s fid. qunlitj- do £6 2s Gd. Jersey do £5 to £0 ifis, 18-month steers £3 ls_ to £3 ss, small do £2 7s to .£2 10s, 2%-year-old do .£3 12s to £4 2s, store cows 32s Gd to £2 7s Gd. forward do £3 to £3 15s, fat do £4 to £5 ss. At Waiwnkaiho on Februarj' 1 a small yarding was fully cleared, forward failing-mouth ewes 18s 10d, weaner heifers £2 3s fid to £2 IPs. Holstein do £2 7s Cd. light fat cows £4 7s Gd, store do £2 5s to £3. 3s, dalrj- cows £6 to £B. At the rnniwbnkau sale and sheep fair on the same daj’ both sheep and cattle came forward in excess of advertised numbers, and we report an exceptionally good sale for both (■•’asses. Shorn Limps . 13s Jo 17s 10d, 4tooth wethers 30.’, fid, 4-tooth ewes 29s to 29s lOd. full-mouth ewes 17s 7(1 to 21s lOd. fat do 2Gs. empty 13-niovfh Shorthorn heifers £3. Hobstoin do £3 15s, 18-month steers £3 is to £3 3s, 2V.-yenr-old do £4 Is, bullocks £5 10s to £G iGs. At the Stonj’ River steer and bullock fair on the '2nd instant we had a full yarding of cattle at- which a large number of buyers attended, including a Rootl number from the south ’ The sale was a particularly spirited, one, and every pen changed hands at the hammer Young cattle wera at recent levels. IS-month steers £2 17s Gd to £3 Ils. smaller do £2 ss. good 20-nionth do £3 18s, and 3y>-year-01l steers £4 5s to £4 15s, good rond'ltloned fio S-’ 1 «» t» £5 Us. 4-year-old bullocks £C> do £B. extra good do £J 13s.