COMMERCIAL.

Taranaki Daily News, 22 September 1924, Page 2

COMMERCIAL.

WOOL MARKETS. LONDON StAILES. By Telegraph.—Press Assn.—Copyright. London, Sept. 18. Wool. — A. fair offering of pierlnos, a large and good selection of crossbreds. The market. was animated and buoyant, and prices exceedingly flran. Bradfora tonrhakers have increased their quotations, following the London advance. Spinners are not responding. Sixty-four’s are quoted at SOd, 66's 72d, 56’s 52d, 50's 40d, 46's 30 %d. STRONG DEMAND IN ADELAIDE. Adelaide, Sept. 19. At the season's opening wool sales there was strong demand and teen competition. Prices were 10 to 15 per cent, above the highest of last season. ’Scoured sold to 60%d (a South Australian record), greasy 36%d. AUCKLAND SHAREMARKET. By Telegraph—Press Association. Auckland, 'Sept/. 20. The following business was reported on the Stock Exchange this morning:—‘Sale: New Zealand inscribed 5 per cent. 1927 stock . £9B. DAIRY PRODUCE. MARKET REPORT. Messrs Collett and Co., Ltd., are in receipt of the following cable advice from their British principals:— Creamery butter.—’2los to 2125. Cheese: 92s to 945. Messrs Newton. King, Ltd., are in receipt of the following cable from Messrs R. and W. Davidson, Ltd.: — “Butter market firmer at 208 s to 210 s; unsalted scarce at 220 s to 2255. Cheese market steady coloured, 91s to 925; white, 92s to 945.” NEWTON KING'S REPORT, I At our Stratford Haymarket sale on Saturday we report a full yarding of pigs and every pen sold under the hammer. Prices were on a par with last week's sale with the exception of weaner pigs which 3s to 5s in price. Quotations: Heavy stores, £2 3s 6d to £2 7s 6d; lighter sorts, from 38s to £2 2s; weaners, small, 14s to 17s; medium, 19s to 235; godd, 2os- to' EMja ; pedigree boar, £6 6s. At Kaponga sale on September .10, we report a good yarding of both store and dairy stock which sold at late rates. Quotations Yearling heifers, £2 8s 6d to £2 19s; fat cows up to £7 7s; good forward cows, £3 to £4 12s; stores, 29s to £2 16s; in-calf heifers. £6 to £9 10s; guaranteed sound dairy cows, £G 10s to £9 10s; poorer sorts, £2 5s to £4.

At a special dairy sale at Stratford on September 20, we report a moderate yarding of heifers and cows which sold readily at the hammer, one particularly nice looking Jersey jrealising £l7. Quotations: Good dairy cows [dose up, £6 10s to £l3 10s; backward sorts, £4 5s to £5 10s; heifers In milk, £5 to £7 ss; springing heifers, £5 10s to £8 10s. HIDES AND CALF*BKINB. THE CONTINENTAL MARKETS. ! Cablegrams received last week from London indicated that the Continental market 'for hides shows a falrlj- strong tendency and 'that higher prices might be reached before a decline sets In. At the same time, South : American meat works’ hides have eased Id per lb. during the past fortnight, but are inclined to be steady again. [ Calfskins have shown a very considerable drop during the past week. Cablegrams Issued from London yesterday notified a decline of 2d per Ib. on best quality skins, equal to about Is a skin. The American leather market, particularly for upper leathers, continues to be slack, and shoe factories are endeavouring to come to an arrangement with their employers to accept lower rates in order to reduce costs and stimulate consumption. FARMERS’ CO-OP REPORT. The Farmers’ Co-op Organisation Society of New Zealand, Ltd., report:— At Waverley on Friday, September 19, we had a fair yarding of sheep and a slight yarding of cattle. We quote fat ewes, 365; m.s. hoggets, 31s; wether hoggets, 28s; wethers, 24s 6d to 27s 2d; low conditioned ewe hoggets, 275; forward ewes, 28s 3d; others, £1 Ls; fat <‘<’Ws, £7 2s 6d; others, £fi 16s to £6 15s; forward cows, £3 5s to £4 16s; fat bullocks, £9 IQs; forward bullocks, £6 to £6 15s; yearling heifers, £1 17s 6d to £3 12s 6d; dairy’ heifers, £8 10a to £11; more backward, £4 10s to £7; second calvors to £ll. Pigs: Stores, 365; weaners, 25s to 265. Horses: Seven-year hacks, £0 to £l5. We report a heavy yarding at Hawera on Tl.ursday, September 18, which was practically all cleared under the hammer at prices satisfactory to the vendors. A hoary yarding for this season of the year of from 55 to 60 head of fat cattle met a ready market. Two pens of prime p.a. cows from down the coasrt made £8 Is and £7 l'Bs 3d; 3-year prime Hereford heifers, on behalf of the Tonka Estate £6 10s and £6 also on behalf of the sank? vendors we sold u pen of prime shorn wethers which made 355. In the same dairy pens quality and condition was again sought after, best heifers made up to £l7 Buyers for yearling heifers were present and this class of cattle showed a slight improvement and found ready buyers up to £3 18s. All the sheep, fat and store cattle were wild under the hammer. We quote prime shorn wethers 355; h.s. hoggets 28s 3d; prime p.a. cows, £8 Is and £ff 18s 6d: prime Hereford heifers, £6 10 s and £6 7s; fat cows, £5 10s, £6, £6 is, £« 6s, £6 7s to £6 10s ?f or ward condition cows, £3 16s, £4 Ils, £4 12s 6d to £4 16s; boners at late rates; empty 2-year heifers, £4; good yearling heifers, £3 2s, £3 ss; £3 7s 6d; to £3 18s; fair yearling heifers, £2, £2 13fe, £2 15s, £2 16s, to £3; small and low conditioned, 23s to 375. >Pigs: Porkers, £2 17s and £2 is; stores, £1 14s to £1 15s; weaners, 18s to £H 8s; dairy heifers, good quality and condition, £l7 and £l6 10s, £l4, £ll, £10; good heifers, £7, £7 ss, £7 las, £8 up to £'9 10s; backward and low- .conditioned, £4, £4 10s to £6.