FINANCE AND COMMERCE

Taranaki Daily News, 11 August 1930, Page 16

FINANCE AND COMMERCE

DAIRY PRODUCE MARKETS. Newton King, Ltd., on Saturday received the following cablegram from London giving an indication of prices ruling oh Friday. The figures in brackets indicate tho position at August Butter. —The market remains quiet, prices varying very Tittle from those ruling last week. Salted, 134 s to 13Ss (136 s to 13Ss) ;• unsalted, 150 s (150 s wheys, firsts, 128 s (130 s -wheys, sec-' onds, 126 s (128 s The .cheese market is quiet, although prices seem to be maintained at last week’s levels. Coloured, 82s to 83s (82a to 83s); white, 77s to 78s' (77s to 70s). Collett and Company have the following cable advice: —Creamery butter, 134 s to 1365; whey butter, 126 s to 128 s; cheese- (white), 76s to 78s; coloured, 80s to 82s. The Anglo. Continental . Company's cable stated:—Butter is quiet at 136 s to 1375. Cheese, white, 76s to 775; col* oured, 81s Gd to 82s. Butter is quiet at 134 s to 138 s; unsaltcd, 148 s to 150, states a cable received by Hunter Harrison. Cheese is quiet, white being quoted at 77s to 78s; colouicd, 82s to 83s.

' PRICES FOR FROZEN MEAT. QUOTATIONS FROM LONDON. By Telegraph—Press Assn. —Copyright. Rec. 5.5 p.m. London, Aug. 9. Frozen meat prices on Friday were:— New. Zealand sheep.—Canterbury and North Island selected crossbred wethers and maiden ewes, 4S-561bs, sd; 57-64 lbs, 4 3-8 d; 65-72Ibs, 4 1 / a d; North Island 48-sGlbs, 4%d, 57-G4lbs, 4 1 / JJ d. Australian sheep.—First quality crossbred and/or Merino wethers, 40-65 lbs, 3Jd,; second quality 30-551bs, 3Jd; ewes 30-551bs, 3jd. Argentine sheep.—First quality crossbred wethers 48-641bs, 4.}d; G5-721bs, 3 5-Sd; over 721bs, 3%dNew Zealand lambs. —Selected North Island brands 37-421bs, 8 7-Scl; second quality average 351bs, 7 3-8 d; other North Island brands first quality 36 lbs and under, S’/id. Australian lambs.—Victoria fiirst quality 361bs and under, 7 3-8 d; 37-421bs, 7 3-Bd.

Patagonian lambs.—First quality 36 lbs and under, 6 7-Sd.

New Zealand pigs.—First quality 60lOOlbs, T’/td; 101-1201bs, others unchanged. ' THE SHAREMARKETS. Auckland. August 9.—Sharemarket sales: 'Commercial Bank of Australia (late sa’' Friday); 20s 3d; New Zealand Breweries, 51s. LIVE STOCK MARKET. DAIRY CATTLE IN DEMAND. Feilding, Aug. 8. Large yardings of dairy cattle, fat cattle and fat and store sheep were penned at the stock sale to-day and prices generally were in favour of vendors. Dairy cattle, especially, found a ready market. Fat sheep sold readily at prices firm at late rates. There w r as a rise in the- prices of 1 cattle and good lines found buyers att up to 32s per 1001 b for prime cow and heifer beef, and 33 shillings for bullock, beef. Prices "were: —Sheep: Fat lambs, extra prime, 25s Cd to 27s Gd, prime, 17s 6d to 18s 7d; medium, Ils 3d to 16s 9d; fat ewes, prime, 20s to 22s sd; good, 17s to 19s; black face two-tooths, 23s Id; store, two-tooth ewes, running with Romney rams, 21s 6d; four and sixtooth ewes, running with Southdown rams, 245; two-tooth, 19s;- empty ewes, two-tooth, 17s 4d; lambs, good, 14s fid; two-tooth wethers, good, 17s Id to 18s Gd; wether lambs, good, 14s 5d to 15s; medium, 12s to 12s 7d; owe lambs, very good, 20s to 21s; good, 16s to 17s Gd; owe hoggets, good, 24s 7d. Dairy cattle: Good springing heifers, to £l3 13s; other;, £ll to £l2 12s Gd; fair, £7 15s to £lO ss; springing cows, very good, to £l4; good, £lO 15s to £11; others, from £7. Fat cattle; Jersey heifers, light, £3 15s to £-1 15s; better weights, to £7; Polled Angus heifers, heavy, £8 5s to £0 2s; light, £5 15s; Hereford cows, good, £8; Holstein cows, £7; Polled Angus cows, good, £8 15s; mixed colours, cows, £7 18s; light . Jersey sorts, £5 to £6 ss; good Hereford bullocks, to £l2; medium sorts, £!) 2s Gd to £9 15s; steers, £6 10s.