COMMERCIAL

Taranaki Daily News, 7 January 1927, Page 9

COMMERCIAL

SYDNEY WOOL SALES. By Telegraph—Frees Assn.—Copyright. Received Jan. 7, 12.5 p.m. Sydney, Jan. 6. The week’s wool sales have closed. The market was very strongly supported by Japanese, German and Bradford operators,and prices were very firm at late rates. Full clearances were made. Greasy merino touched 3Od per lb. AUSTRALIAN MARKETS. Received Jan. 6, 8.50 p.m. Sydney, Jan. 6. Wheat shows an easing tendency, the local market being depressed. The quotation of 4s 8d at country stations is equal to 4s 5Jd ex trucks Sydney. Flour - (local) ie quoted at £l3, and for export at £l2. Oats.—Tasmanian, White Giants, 4s 3d to 4s sd; Algerians, 3s lOd to 4s. Maize. —South African, Bs. Potatoes. —Tasmanian, £2O to £2l; local (new), £25. Onions.— £lO per ton. Received Jan. 6, 8.50 p.m. Adelaide, Jan. 6. Wheat.—Growers’ lots, 5s 2<Jd to 5s 3d; parcels, nominally 5s 3 Ad. Flour. —Bakers’ lots, £l3 7s fid. Oats. —2e 4d to 2s 6d. MELBOURNE HIDE SALES. Received Jan. 6, 10.30 p.m. Melbourne, Jan. 6. At the hides sales large catalogues were submitted. The demand was general, and the bulk was cleared at the best rates ruling prior to the holidays. BURNSIDE STOCK SALE. FALL IN CATTLE VALUES. FAT PIGS SELL WELL. Dunedin, Jan. 5. At Burnside to-day fat eattle cheapened by £2 per head, sheep by Is 3d and fat pigs advanced by about 10s. The other lines were practically unchanged. Sheep.—A penning of 1621 head. The mixed entry was comprised almost entirely of shorn sheep and included a good many medium ewes and a few extra wethers. There was a very fair demand at the opening, but it cased slightly, permitting exporters to operate on lightweight wethers. Graziers were slow bidders and generally prices eased by Is 4d per head. The earlier sales were the better prices. Extra wethers made from 37s to 38s 3d; prime heavy, 29s to 32s fid; light, 22s to 2fis 3d; prime ewes, 22s to 255; lighter, 14s to 18s 6d. Lambs. —A penning of 310 head, the quality being medium to prime. Best lambs made on a par with those of the last sale of a fortnight ago, and unfinished lambs were slightly easier. Extra heavy made from 29s to 30s; prime, 25s to 27s fid; medium, 21s to 23s 3d; prime wether mutton made 43d to 5d per lb.; prime ewe 4Jd; aged 4d; lambs BJd; light and medium 7ld. Fat Cattle.—A yarding of 347 head. There were many pens of excellent prime bullocks, but some of the pennings lacked finish. The entry was a big one and since butchers had a very moderate demand during the Christmas and New Year period and had a surplus of beef (as well as mutton) rates dropped today by quite £2 per head. An extra heavy prime bullock realised £l6 7s fid; prime bullocks, £l2 10s to £l3 15s; lighter, £lO 5s to £ll 10s; heifers, £4 5s to £9 10s; cows, £C 15s to £8; extra heavy bulloek beef made 30s per 1001 b., prime light 32s 6d, prime heifer 30s, light heifers and cows, 20s to 22s fid. Store Cattle.—A yarding of 275, mostly of ordinary cows. From 25 to 30 head of two to three-year-old medium quality steers, which were forward, were passed at auction at prices ranging from £7 to £B. Other cattle sold at about last sale rates.

Pigs.—A penning of 55 fats and 20 stores. The entries were small, so competition was good. Fats were dearer by about IDs a head, and the prices for stores were fully maintained.