COMMERCIAL.

Taranaki Daily News, 1 December 1923, Page 2

COMMERCIAL.

ADDINGTON MARKET. FALL IN CATTLE VALUES. Christchurch, Nov. 28. At the Addington market to-day the entries of stock were of average size for this time* of the year. Store sheep—A yarding of practically ail wethers just off the shears, and only a couple of pens of ewes and lambs being forward. Most forward wethers sold well at late rates, but other sorts were cheaper. Vendors met the market, with the result that practically all the offering changed hands. Good 2-tooth wether hoggets made from 20s to 21s; inferior wether hoggets, 17s to 18s; woolly 2-tooth wethers, 23s Id; forward 4 and 6-tooth wethers,. 27s lid to 30s; small 4 and 6-tooth wethers, 218 9<l to 22s 6d; aged ewoa and lambs, 16s lid, all counted; aged woolly ewes and lambs, 16s 7d, all counted. Fat yarding of 420 head, compared with 583 last week. The quality generally was good, and the sale satisfactory. Prices showed an advance of about 2s per .head, the average price per head being about fl’/ad. Extra prime lambs realised 335; prime, 29s fid to 325; medium, 27s 6d to 295; light, 24s fid to 275.

Fat sheep.—Eight races came forward of the same quality as last week, mostly shorn. The market opened brighter for wethers, ewes being much the same as the previous sale, but generally speaking there was no quotable change in values. Prlmest wether mutton made up to 7d per lb., but the greater part of it averaged C%d to 6%d, unfinished stuff being a trifle lower; best ewes fetched 6%d, and lower grade realised from to fid. Extra prime wethers made from 36s to 39s 7d; prime, 32s 6d to 355; medium, 29s 3d to 32s 3d; light, 26s 6d to 28s 9d; extra prime ewes, 31s 3d; a few special, 35s 9d; prime, 27s fid to 29s 3d; medium, 25s to 275; light, 20s fid to 24s 9d; old, 18s to 20s.

Fat cattle.—4l3 head were forwarded, compared with 374 last week. The market opened a‘ prices well below those ruling last week, and at the close of the sale prices were weaker than at the beginning. Heavy cattle were £2 per head lower than last week, and medium and lighter sorts from £1 to £1 ss. Best beef sold at from 30s to 325; prime, 28s to 295; medium, 2fis to 27s 6d; and inferior grades down to 17s fid per 1001 b. Extra prime steers made £l7; prime, £l3 to £l5; medium, £lO to £l2 15s; light, £5 15s to £9 ,10s; extra prime heifers, £11; prime, £8 to £9 ss; ordinary, £4 15s to £7 10s; extra prime cows, £lO 2s’ fid; prime, £4 15b to £6 15s; ordinary, £4 15s to £G 15s. Vealers.—A moderate entry, which sold at better prices than last week. Runners realised £6; vealers, £3 15g to £6; medium calves. £1 15s to £3 ss; small, Ids to 255. Store cattle.—Owing to the dry weather competition was not keen f<»r store cattle, and prices were accordingly lower than was the case last week; 3-year-old risers made from £6 15s to £7 10»;. 2-yeitf, £3 to £3 15s; yearlings, 13s fid: 2-year-old heifer!, £2 15s to £3 ss; yearlings, £1- 15s to £2; good cows, £ 1 15s to £ 2 ss.

Dairy cattle.—-The entry was sm&ller than last week, the comparison being 57 head. Best springing cows made from £5 to £3 10s; best springing helfeya, £5 to £9 10a; inferior sorts, £1 to £1 10b.

Fat pigjfo— A slack demand was Bnd prices, were lower than has been the case this season. Uhoppers made from £2 to £4 10s: light baconers, 57s 6d to 655; heavy, 70s to .80s; extra heavy, 90s (average price per lb, fid to 6Vid) ; light porkers. 45s to 50s; heavy, 52g to 58s (average price per lb, 7!6d to 8d). Store pigs.—A medium-sized entry, but the demand was not keen. Weaners sold from 12s to 245; small stores, 22s to 28s; medium, 80s to 365; large stores, 455. BURNSIDE SALES. LOWER : US RECORDED. Dunedin, Nov. 27. Although the yardings of stock at the Burnside sale to-day were on the small side, j the supply, in some instances, was in excess ;of requirements. In consequence of this com- ( petition was not so keen, and reduced prices ! were recorded for sheep, lambs, fat cattle. Fat cattle.—l 92 were yarded, compared with 277 at the last sale. The entry Included s large proportion of extra prime bullocks. The market opened steady, but eased after the middle of the sale, and hardened again at the close. Prices were from 10a to 15s per head on the best rates of the previous sale. Prime handy-weight bullocks made up to 37s per 1001 b; prime heavy-weight bullocks, 34s 6d to 36s 6d; medium quality bullocks, 33s fid to 35s 6d; prime heifers, to 32s fid: and cows and light heifers to 28s. Extra prime 'heavyweight bullocks sold up to £2O 2s fid; prime, i £l3 to £l7; medium, £8 to £9; prime cows I and heifers sold from £7 to £8 15s; medium, ! £6 to £7. Fat sheep.—There was a small entry, numbering 1741, compared with 2414 last sale. Owing to the warm weather butchers competed more freely for light and medium weight sheep. The sale opened at prices about on a par with last week’s rates, but there ■ was an easing tendency as the sale proceeded, I closing sales showing an all-round reduction |of about Is per head. Prime handy-weight i wethers (shorn), sold at 5%d to fid; handyweight, woolly wethers (not prime), up to 6Hd per lb; prime heavy-weight shorn ewes 4%d to sd; aged and light ewes, 4d to 4Hd. Extra prime heavy-weight wethers made up to 465; prime, 36s 9d to 41s 3d; medium, 31s to 345; light and unfinished sorts, to 30s. Extra prime heavy-wuight ewee sold up to 37s 9d; prime, 32s to 355; qjedium, 20s to 20s; light and aged, 20s to 325.

Spring lambs.—The largest yarding this season, 160 head being offered, compared with 105 last week. The quality was good, some of the pens containing many animals of outstanding merit, while on the other hand there was a fair number of unfinished sorts. Prime lamb sold to a basis of to 9d per lb: prime light-weight, B%d to 9V4d; and medium quality, 8d to BVid. Extra prime lambs sold from 32s 6d to 365; prime, 27s to 30s; medium, 24s to 265.

Pigs.—A small yarding, ccnßlutlng principally of porkers. Competition was more animated than last week, and a Clearance was effected at rates Increased. Prime bacon sold on a basis of about 7d and prime porkers about B%d per lb. Store cattle.—A smaller yarding than ususl, only about 100 head being offered. With the exception of about thirty head of good three and four-year-old bullocks, the entry was comprised of young cattle and aged cows. The line of bullocks elicited good competition, and was sold at prices ranging from £7 to £9 fis per head There was practically no change in market values for cows suitable for canning purnoses, and for young cattle and dairy cattle the yarding was smaller than those of recent sales, about thirty head being offered. Competition was somewhat slack, and prices were easier. The entry included a number of animals in splendid condition. The best cows sold from £8 10s to £9; heifers, up to £7; and aged cows from £3 to £4. WESTFIELD MARKET REPORT. Auckland, Nov. 28. Beef.—Average numbers. Improved demand; a rise of 2s to 3s per 1001 b. Choice extra oxen, to 30s per 1001 b; choice and prime, 26s to 295; plain and unfinished, 20s to 255; young cow and heifer, 20s to 255; other cow, 16s to 19s; rough, 12s to 15s; heavy prime steers, £‘.lo 10s to £l2 ss; medium, £8 5s to £lO ss; light, £6 5s to £8: small and unfinished steers, £4 10s to £6: heavy .prime cows and heifers, £6 5s to £7 7s fid; medium, £5 to £6; light, £3 10s to £4 15s; cows in forward condition, £2 5b to £3 ss; poor and inferiorly fatted, £1 5s to £2. Calves.—Large numbers and good quality. Vealers sold readily at late quotations. Other calves were easier. Runners £1 10s to £3 10s; heavy vealers, £2 15s to £3 14s; medium, £2 to £2 Ids: light, £1 to £1 19s; smaller, 10s to 19s; small and fresh dropped, '3s to 9s; rough calves, £1 to £1 15s. Sheep.—Average numbers and improved values. Heavy prime wethers, £1 14s to £1 •Jss 9d; medium, £1 12s to £1 13s 9d; light, •£ 1 10s to £1 Ils 9d; unfinished wethers, £1 ,5s to £1 9s fid; medium,, £1 5s 3d to £1 Gs 9d; light, £1 3s to £1 ss; inferiorly fatted, 18s to fll 2s 6d; heavy prime hoggetß, £1 Us 3d to £1 13s 6d; medium £1 8s fid to £1 ( Us; light, £1 5s 6d to £1 8s; store hoggets, £1 to £1 ss. Lamb.—Large numbers; considerably easier (values. Heavy prime, £1 4s to £1 6s fid: 1 tnedlum, £1 Is 3d to £1 3s 6d; light, 18s ; to £1 Is. Pigs.—Large numbers; prices easier. Chop- 1 pers, £2 10s to £3; heavy and medium baconers, £8 10s to £4 10s; light baconers and heavy porkers, £2 Us to £3 ss; msdium and

light porkers, £2 to £2 9s; large stores, £1 7s to £ll 12s; slips, £.l to £1 ss; weaners, 15s to £1 Is. WANGANUI WOOL SALE. FREEMAN R. JACKSON AND CO.'S REPORT. Our quota totalled 2800 bales. The new Season's clip generally opened up in bright and light condition, but not as well grown gs previous years, owing to the wet season. A proportion of old clips was offered, many of which had lost their lustre. Bidding was strong and keen throughout, particularly noticeable in our back-country flips, where the enhanced value will be particularly appreciated. In fact it was an outstanding feature of our catalogue the satisfactory prices realised for these clips. Two lines of unskirted bush hogget wool from the Raetlhl district, made 15d to 15 J 4,d. A clip of hogget and wether wool from the same district averaged over 13d. Good bright lambs' wool was keenly sought after on French account, a nice line of laiflba, branded Romani, on account Mr. L. Bull, making 18’zid In our catalogue. Our top price for hogget wool was 17 %d realised for portion of the Kolro clip on account Messrs. Gibbons and Sons.

The following are some of our prices:— Crossfored.—Kolro, A hogget, 17lid; Kolro A wethers, 16d; E.T. Kaluga A hogget, 16%d; B hogget B hogget 13d, A ewe Taku A hogget, 14i4d, B hogget 13d, A ewe ISftd, B ewe 12%d, C ewe 111%4; Omeo, A ewe 14d; J.C. Ngata, A hpgget 15%d8 hogget 14%d, C hogget 12%d; J.TS. 10%d to 12%; JT, 10%d to ll%d; JPP, lOd; Foulle, lid; Hutla, 10%d to ll%d; Auraki, 12d; LM circle, 10%d to ll%d; Ruatitl, 9%d to U%d I JH over S, 9%d to 12%d; DBR, 10%d to 18d; OK over K, lOd to 11 %d; Horseshoe, 9%d to 10%d; Temalre, 18d to 12%d; CRH, lOd to ll%d; LBH, lll%d to 13%d; W, U%d • PAU, lO’/ad; JD, 10%d to ll%d; ZO, 12%d' 2P, ll%d; HJM, 13%d to 15%d; Rayney, 9%d to liy 2 d; Teakaka, 9%d to 12%; E. H Maratea, Ud; Norton, 11 %d to 14d; FHO, 9%d; AL, 12%d; AL (conj.), 13%d; C.H. Waikare. ll%d; WA over O, 9%d to LOd; Rawa, U%d to 13%d; Pito, U%d to 15%d; Inzevar, 13d to 14%jd; W and SG, ll%d to 12%d; AJ over M, ll%d to 14%d; Nukuhau, 12%d to 13%d; Drysdale, 10d to 'l4d AHG, 10%d; JFD, 10%d; Ahuahu, U%(l Moon, lOd to ll%d; APM, 10d to 12%d; HC, 10%d to 12%d; F2, 10%d to ll%d; Hapua, 12%d; Rold, 12 %d to 14d; Homewood, 15d; Roto, 12d; The Gums, 13d; Glenmore, 9%d to 14%d; EG, 10%d: West, 12d; Cawood, Ud to ll%d; EH Puketiro, 10%d to 11 %d; Mangoihe, 9d to U%d; CL, 10%d; Aiken, 10%d to 13d; Gleijnevis, l'l%d to 12%d; WH, 10%d; Tahufla, Ud; Te Hula, 12%d; Ciady, ll%d; 7H, 14%d; CGH, Pukeho, 10%d to HMd; CB. 10%d to 12%d; AW over W, 9%d; AJW, 10d to ll%d; WW over W, 9%d to 12d; AWA, ll%d tb 11%-d; Mars H|ll, 10%d: Castle Hill, lOd to ll%d; Otauto, 15%d.

Lambs' wool.—Romani, 18%d; Temalre, 12%d; Koko, 15%d; Koha’, 10%d; Teakaka, ll%d: Drysdale, 12d: Ralthby (Lincoln), 10%d; Castle HUI (Lincoln), lid. PRICE OF PIGS. Messrs. Newton King, Ltd., report that at their New Plymouth haymarket yesterday there was a fair yarding of pigs. Slips made from 14s to 31b, stores 25s to 28s fid, empty sow 55b. POULTRY SALES. Messrs. L. A. Nolan and Co. report the following prices realised yesterday: Chicks 3d to sd; ducklings Is to 2s 7d; ducks 2s lOd to 4s 3d; hens 2s Id to 3s Id; cockerels 2s 5d to 3s 3d. Messrs. Webster Bros, report a good penning, and the following prices: Hens 2s to 3s 6d; ducks 2s to 2s fid; hen and chicken 10s; cockerels Is 6d. LOAN AND MERCANTILE. By Telegraph—Press Association. Wellington, Nov. 30. The New Zealand Loan and Mercantile Agency Company, Ltd., is advised by its London office In connection with the annual meeting, which is fixed for December 13, that the revenue account shows a net credit balance of £160,582. After charging debenture stock interest (£68,000) there remains £92,582, to which must be added £18,448 brought forward, making a total of £111,031. The interim dividend paid on preference stock and the dividends proposed now to be paid will absorb £90,000, leaving £21,031 to carry forward. The dividends proposed are: Final on I the preference stock 2% per cent., less English income tax of 2s 2%d in the £ ; and, on ordinary stock, 4 per cent, of English income tax. TALLOW MARKET. The New Zealand Loan and Mercantile Ageacy Company, Ltd., have received the following cablegram from their London house under date 28th instant: — Tallow.—We quote present spot values for the following descriptions; Fine mutton 47s 3d per cwt.; good beef 43s 3d per cwt.; mixed 37s 6d per cwt.; market active.