COMMERCIAL

Taranaki Daily News, 13 October 1928, Page 6

COMMERCIAL

THE SHAREMARKETS. Wellington, October 12.—Reported sales: P. and O. deferred stock, £247; Newton King, pref., 7s 6d. Christchurch, October 12.-—Bales ’ on ’Change: British Tobacco Co., £2 3s 7d (three parcels); Farmers’ Co-op., tipper cent, stock, 1940, £95; Mahakipawa, Is 9d, Is lOd (two parcels). WAIKATO STOCK MARKET. PRICES WELL MAINTAINED. By Telegraph.—Press Association. Hamilton, Oct. 9. The Farmers’ Co-operative Auctioneering Co., Ltd., report:— At the weekly stock market in the Frankton yards yesterday we had a good yarding of fat and store cattle, sheep and pigs. Prime beef maintained late values; prices for rough and plain beef were a little easier; fat sheep were firm at late quotations, and all classes of store cattle were in demand. Fat and store pigs sold well up to late ruling rates. We quote:Beef.—Medium fat steers £l3 5s to £l3 7s, well done light steers £ll 17s fid to £l2 15s, prime heavy fat cows and heifers £l3 10s io £l4 17s 6d, prime medium weights £ll to £l2 10s, lighter £8 10s to £lO 10s, plain and unfinished cows £7 to £8 2s fid, good framed store to fresh conditioned cows £5 5s to £® 10s, boner cows £3 15s to £4 17s fid, fresh conditioned 4-year steers £lO 2s to £ll, low conditioned 3 and 4-year* bullocks £8 to £8 10s, 2 and 3-year steers £9 10s to £7 10s, choice yearling 'Jersey heifers £7 to £7 ss, Jersey cross, same age, £3 15s to £5, dairy cows close to profit £lO to £ll 15s, cows in milk £7 to £9 10s, inferior £5 to £6 10s. Sheep. —Extra prime heavy ewes and wethers £2 5s to £2 7s, fat wethers £2 2g to £2 5s Cd, lighter 38s to £2, shorn fat wethers 345, prime hoggets 34s to 375. Pigs. —Heavy baeoners £3 4s to £3 Ils, light baeoners £2 14s to £3, heavy ■porkers £2 8g to £2 Iss, light porkers £2 to £2 ss, slips 18s to 345, weaners 8s to ICs, large stores 28s to 345. LONDON BUTTER PRICES. By Telegraph—Press Assn.—Copyright. Australian Press Association. London, Oct. 11. Butter.—Quiet, New Zealand 180 s; Australian 168 s; Danish 1925. Cheese. —Inactive, New Zealand coloured 108 s, white 110 s. LONDON WHEAT MARKET. Australian Press Association. London, Oct. 11. Following a sharp decline in American and Argentine closing advices, ■wheat cargoes are mostly sixpence to a shilling lower. Pareels are easier, with low grade Manitobas in some request at sixpence to a shilling decline. - Liverpool futures: October 9s 3 3-8 d per cental, December 9s 3 3-Bd, March 9s 3 7-Bd, May 9s 4 3-Bd. Spot trade easier. Australian ex ship 48s fid. Flour.—Firm. Australian 32s to 335. Oats.—Quiet. Peas and beans steady. AUSTRALIAN MARKETS. Australian Press Association. Sydney, Oct. 11. Wheat. —Growers’ lots at country stations, 4s ex truck; at Sydney, 4s 7|d. Flour.—£l2 10s. Bran.— £7. Pollard.— £7. Oats.—Algerian, 4s 9d; white, 4s Cd. Maize. —Yellow or white, 4s Cd. Potatoes. —Victorian, £6; Tasmanian, £8 10s. Onions. —Victorian, £2-0. PIGS AND POULTRY; YESTERDAY’S PRICES. Messrs Newton King, "Ltd., report that there was only a small yarding of weaners at their sale at the Haymarket. Prices were: Best weaners, 16s to 18s; medium sorts, 12s to 14s; smaller sorts, Cs fid to -10 s. Messrs L. A. Nolan and Co. report the following poultry prices:—Hens, 2s lid to 4s 4d; pullets, 4s 3d to 5s 3d; cockerels, 3 s 2d to 5s 2<j; chicks, 5d to 10d; bantams, Is 8d; broody bantams, 6s; dueks, 2s fid to 2s Ud; ducklings, Is 2d to 2s fid. Messrs Webster Bros, report the following egg prices for the past week:— Ducks’, Is 3d per dozen; mixed, Is 3jd; hens’, Is 4d. TARANAKI STOCK MARKET, Messrs Newton King, Ltd.’s, stockmarket report for the week states that supplies of beef are a little more plentiful and the market has a tendency to ease a little. Sales during the week have been effected, however, at rates on a par with late quotations. The supplies in the fat sheep are still limited with the result that the market remains firm. Sales through the medium of private treaty have been effected as follow: Fat wethers, £2 2s to £3 3s; heavy fat ewes, 38s; lighter, 36s to 31s. The demand for store sheep is still very firm and buyers are operating freely for the limited numbers offering. Prices ruling for the various classes are a little in advance of those mentioned in our last report, sales being effected as follow: Best 4 and 5-year ewes with lambs at foot, £2 5s fid to £'2 7s; others, 36s to £2; best m.s. hoggets, 33s fid; others, 30s; forward 4 and 6-tooth wethers, 38s 6<l. A shortage of all classes of store cattle is still in evidence, this applying more especially to male cattle, with the result that the small yardings or store and forward eows that are being submitted are subject to a ready sale under keen competition. Prices ruling in the open market are: Store aud forward four-year bullocks, £lO 14s; store and forward three and four year bullocks, £9 7s Cd; run cows, £5 Ids to £6 ss; mixed-coloured two-year steers, £6 Is to £7; mixed coloured one-ycar steers, £5 Ife to £5 14s; good framed fresh conditioned cows, £6 10s to £7 ss; best stores, £4 10s to £5 10s; others, £3 to £3 10s; boners, £1 10s to £2. Private sales for three and four-year store and forward bullocks have been effected at from £9 5s to £lO. Good s.h. store cows are making £0 ss. The market for yearling heifers is still of a firm nature, prices ruling for anything possessing quality being a little in advance of those last week. Sales through the medium of private treaty have been effected as follow: Extra choice fawn' Jerseys, £8 to £8 10s; good quality sorts, £7 to £7 10s. The small numbers offering in the open markets are subject to keen competition gnd are changing hands at the following prices: Good quality Jerseys, £7 to £7 10s; medium sorts, £5 15s to £0 fc; small and mixed coloured, £3 to £4.

The demand to the dairy section has eased a little since the last report. Anything possessing quality is subject to a ready sale under keen competition, riding prices being: Best dairy cows close to profit or in full milk, £l4 to £l6; medium sorts, £lO to £l2; old and backward, £7 to £8 10s; best dairy heifers at the drop, £l3 to £l3 13s; medium sorts, £9 to £11; small and backward, £7 to £8 10s.

During the week the firm has held several bull fairs. A good bench of buyers has been to evidence at each fair, with the result that all the sales have been of a satisfactory nature. Prices ruling for good-conditioned two-year-old grade herd sires are from £l2 to £l6; best grade yearlings, £9 to £l2; small £6 to £7, Prices ruling for pedigrees are from 12 guineas to 35 guineas for two-year-old herd sires, while best yearlings are making from 12 guineas to 18 guineas, and smaller sorts 8 guineas to 10 guineas. Keen competition is still in evidence for the good yardings of store pigs and weaners that are being submitted, prices ruling being on a par with recent quotations. Few fats are being submitted, fatteners preferring to sell over the scales.