COMMERCIAL

Taranaki Daily News, 30 January 1929, Page 5

COMMERCIAL

STOCK SALES

OFF EKING AT HAMILTON.

AN EASING IN VALUES

Hamilton, Jan. 28.

A fair yarding of beef and sheep, and a small yarding of pigs were offered at the Frankton stock sale to-day. An easing in prices was recorded. The auctioneers report as follows: — Dalgetv and Company, Ltd. -Lightweight steers, to £l2 17s Gd; prime fat cows, to £11; ordinary cows, £8 to £9; vea-lers, to £2 17s; fat 'wethers, to 35s Wd; good ewes, 335; prime lambs, 395. Messrs. G. W. Vercoe and CompanyPrime bullocks, £l2 6s to £l3 is 6d; good cows, £9 12s 6d to £l9 7s 6d; lighter cows, £7 15s to £8 16s; dairy cows, £9 7s 6d; store coivs, £4 to £6 10s; sood quality shorn Southdown lambs, 19s to 20s *6d; later Southdown lambs, 13s 9d tor 1.6 s 3d; good Border lambs, to 20s; fat pigs, light-weights, £2 12s 6d; weaner?, Ils to 14s 6d. New Zealand Loan and Mercantile Agency Company, Ltd. —Fat bullocks, £l4 to £l5 2s Gd; lighter, £l3 5s to £l3 17s Gd; prime fat cow’s, £ll to £ll 10s; lighter cows, £9 to £lO 10s; light cows, £7 2s Gd to £8 10s; fat wethers, 34s to 3Gs 3d; heavy baconers, £3 to £3 ss; light baconers and heavy porkers, £2 8s to £2 15s; light porkers, £2 to £2 ss.

Farmers’ Co-operative Auctioneering Company, Ltd. —Prime fat cows, £9 10s to £1015s; lighter cows, £7 15s to £8 12s Gd; vealers, £2 to £2 18s; fat store two-tooth wethers, to 27s fid; ewes, 30s Sd; four to six-tooth ewes, 25s Sd to 27s Gd; 5 and 6-year ewes, 18s Id to 19s 6d; fat lambs, to 27s Gd: shorn new lambs, to 22s lOd. THE SHARE MARKETS.

I Christchurch, Jan. 29. —Sales ou Exchange: ' Bank of Adelaide, £lO Is fid (two parcels): Goldsbrough Mort.,Jsls fid; Staples’ Brewery, 44s 3d. Sales reported: Australian Bank of Commerce, 34s 3d (two parcels); New Zealand Government per cent, bonds, 1938, £9B -12 s Gd; Bank of New South Wales, £5l 15s. Dunedin, Jam 29.—Sale reported: New Zealand Breweries, 58s. LONDON MARKETS. HIGH COMMISSIONER’S CABLE. The Department of Agriculture has received the following cablegram, dated January 26, from the High Commissioner for New Zealand, London:— Tallow. —Market steady at last quotations.

Eggs. —Market quiet and prices lower. Present quotations are; English, 16s to 23s per long 100; Dutch, French, 17s to 21s; Irish, Danish, 17s 3d to 18s 6d; South African, 15s to 16s; Polish, Russian and Australian, Ils 6d to 13s 6d; Egyptian, 8s 6d to 89 9d. Hemp. —Manila market still dull and values unchanged. Sisal market quieter but little change in price. No. 1, fair average quality offered, £43 5s to £43 10s; No. 2, £4l. January-March shipments.

New Zealand market’ continues quiet. No first-hand business reported. By comparison with other sorts nominal; c.i.f. values for January-March shipment are: Highpoints £36 10s, fair £34, common £3l; tow, second grade, £23; third grade, £l9. Wool. —Sales continue with good clearance at easier rates.

Messrs. J. and J. Lonsdale and Co., Ltd., London, cabled their New Zealand representative (Mr. S. Turner) on January 28 as follows: — Butter shows be’tter tone and we look for an improvement. Danish, 188 s; New Zealand, 182 s to I84s; Australian. 176 s to 183 s; unsalted, 178 s to 186 s. Cheese. —Quiet demand. White, 92s coloured 94s to 955. WOOL PRICES MAINTAINED. By Telegraph—Press Assn. —Copyright. London. Jan. 28. At the wool 'sales to-day 9075 bales were offered, of which 6504 were Australian and 2089 New Zealand. There was a good selection of average style Merinos, principally suitable for topmakers, and a good selection of greasy crossbreds. Prices were steadily maintained, New Zealand realisations being: Rauraea, top price 21d, average 19 %.d; Omapere, 21d and 19%d: Paraeroa, 20d and 19d. Bradford is extremely slack and the market has a nervous feeling, occasional concessions bein'g made in prices.