COMMERCIAL

Waikato Times, Volume 109, Issue 18338, 26 May 1931, Page 2

COMMERCIAL

LONDON MARKETS. WELLINGTON, Monday. The Department of Agriculture has received the following ca eg ’ dated 22nd instant, from the High Commissioner for New Zealand, London:— T Tallow: No auction until June 10. Market is dull and very little is doing. In sympathy with pronounced weakness of South American nominal quotation is 6d to Is lower. Fruit: Apples, market steady. lekoa” practically cleared. and “Malmoa" selling at present Current prices are: —Jonathan and Rome 'Beauty, 10s 6d to 12s 6d; Delicious, London Pippin and Dunns Favourite, 10s to 12s; Sturmers, 12s to 13s. t , Pears: Market is dull on account of heavy arrivals of Australian.. Hemp: Manila market quiet but steady. ‘‘K” grade May/July, shipment sold at £l6 12s 6d, July/September shipment at £l6 15s. Output January 1 to May 9, 485,000 bales against 569,000 same period last year. Stocks in the United Kingdom at May 1, 9,712 bales against 10,762. Stocks in Manila at April 1, 110,000 bales against 165,000. Sisal: Market dull and easier at closing. Sellers No. 1 good marks May/July, £ls 10s; No. 2, £l4 10s; ■buyers’ ideas, 10s les3. 'New Zealand: Little more Interest shown, for spot and offers for close hand shipments difficult to obtain. No first hand sales reported. Nominal value April/May shipment on the basis of highpoints, £2O. 'Stocks in London at May 1, 24 tons against 61 tons for same time 'last year. FEILDING SALE.

Messrs Abraham and Williams, Ltd., report as under on Feilding sale, held on 22nd inst., this being the autumn cattle fair, for which there came forward a medium entry of cattle. The yarding consltsed chiefly of in-calf and empty station cows, for which there was very little demand. For all the male stock offered the demand : was keen at prices slightly In advance of those ruling at late sales, and In this section we had almost a complete clearance. Fat and store stock created little interest. In the sheep section a fairly heavy yarding of fats came forward, the quality not being, up to the usual standard. Fat ewes showed little variation in price, but wethers an,d lambs showed a slight rise, the exporters taking praotioally all the lambs. A poor entry of store sheep was yarded, and the resulting sale In this section was lifcles6. Our main sales were—Sheep: Fat lambs 9s 7d to 18s 6d, fat ewes 7s 9d to 9s 6d, fat wethers 13s to 13s lid, four and five-year ewes running with Southdown rams 8s 6d, empty ewes 2s 6d. Cattle: Polled Angus weaner steers 255, Holstein mixed-sex weaners 10s 6d, 18-month Polled Angus steers (good line) £4, 18-month Hereford steers £3, 18-month mixed steers £2, two and a half-year old steers £2 7s to £4, forward Shorthorn bullocks £5 7s, empty forward Hereford heifers £3 7s,' empty mlxea heifers £2. . 9s, forward Shorthorn cows £1 15s, ; cows and calves (low condition)' 255, Jersey weaner . heifers (good line) £3, fat cows £3 5s to £3 15s, fat heifers £3 15s to £4.. MEAT MARKET. The Meat Export Board has been advised as follows regarding conditions on the London market:— Lamb market: Very firm; consumption excellent. Mutton market: Wethers and ewes firm, with improved prices. Frozen beef: Market ( is depressed; very little interest In frozen beef owing to heavy arrivals of Argentine chilled beef. New Zealand porker pigs: Market is quiet; trade slow. New Zealand baconer pigs: Nominal prices. WELLINGTON HIDES MARKET. At the fortnightly hides and skins sale held in Wellington last week prices for dry skins were, if anything, a little easier than last sale. Salted sldns were from par to 3d per skin lower. Competition for hides was good, but light and medium-weights, both cow and ox, were about id per lb lower. Heavy-weight ox were on a par. with late rates. Calfskins showed an advance of about id to id per lb. Kip were about id per lb lower than last sale. Tallow was in very poor demand, prices being from 2s to 3s per owt. lower than at the last ■sale.