COMMERCIAL NEWS

Ashburton Guardian, Volume XLIII, Issue 9747, 13 December 1922, Page 8

COMMERCIAL NEWS

TINWALD STOCK SALE. PRINCIPAL SALES YESTERDAY. Exceptionally - good prices were re--oeiveci for fat iambs at tb© Tinwald yards sal© yesterday, the average being 10d) per lb. Tlie yarding of fats comprised 772 lambs, 304 ewes, and 204 •wethers. Keen interest was taken in the sale on account of the presence of freezing buyers. The following were the principal sales in the fats:— Lambs—For L. Maginness 88 at 31s 7d; W. Walsh, 12 at 32s 6d; Mrs Bird 20 at 34s 4d; Butterick and Mclntosh, 21 at 31s Id; J. B. Stevenson, Tinwald, 20 at 55s 3d; 23 at 34s 4dl; S. Crossan, 29 at 325; Croy Bros., 33 at 30s 4d; W. G. Chapman, 311 at 30s 6d; J. Jaine, 52 at 32s 3d; D. Watts, Tinwald, 59 at 35s Id; M. O’Keefe, Tinwald, 6at 36s 9d; 48 at 34s 2d. Ewes—For W. Walsh, 5 at 25s sd; A. E. White, 17 at 22s 6d; 15 at 20s; Butterick and Mclntosh, 5 at 24s 6di; client, 18 at 245; L. Maginness, 17 at *d6s 6d; V. W. Wright, Lagmhor, 8 30s Id; 6 at 27s 6d ; Jas. Jaine, ' 8 at 245; F. Merrin, Tin--15 at 29s 9d ; 16 at 26s 9d; W. -.fjrHiV at 24s 6d; 18 at 23s Id; Croy Ashton, 14 at 23s 3d; Bum 8 255; J. Lowry, Tinwald, 10 (woolly) Dolman, Willowhy, -7 at 265; D. Flight,.Tinwald, 2/ at ■23 s; 9 at 21s 3d.« E. R. Roberts, 23 at • 26s Wethers—For V- G. Chapman 20 -.at 27s Id; Bell BrotS. 13 at 22s lid; 12 at 22s 6d; L. Madness, 1 at 33s * 9d: S. J. Williamson, tfVakanui, 2 at :325; V. W. Wright, 4 #t_33s 3di; S. •H. Lill, lat 29s 6d; J. 1 at "29s 6d; W. 'G. Chapman, Binds, 36 at :26s 8d; E. R. Roberts, Westerfield, 3 at 255. . Stores—The yarding totalled bbi, 'ont of which 263 were- passed at auction. x The principal sales were:—l36 halfbred forward wethers at 20s 4d; 14 halfbred wethers at 16s 4d; 60 full and failing-mouth halfbred ewes_ and 51 lambs at 17s Id full and failingmouth woolly 'crossbred ewes* and 81 lambs at 24s '7d.

LONDON WHEAT REPORT. LONDON, Dec.. 11. Wheat cargoes are firm and' occasionally'6d per bushel dearer, owing to an American advance. Parcels have firmed 6d to 9d per' quarter. Australian December shipments are offered at 52s per quarter, with 52s 6d bid. LOCAL BODIES’ LOANS. AUCKLAND CITY’S AUSTRALIAN ' FLOTATION. AUCKLAND, Dec. 12'. The City Council has issued in Australia £150,000 debentures at 5J per cent., the price of issue being par (in Auckland). This is seven shillinp per ceiit. cheaper than the connciFs last loan in London. The present issue has been placed through the Bank of New ’Zealand. / SUGAR.. THE QUEENSLAND CROP. MELBOURNE, Dec. 12. The sugar estimate of 300,000 tons from Queensland has fallen to 260,000 tons. It is expected to carry oyer 10,000 tons when the agreement expires. The ■June surplus is attributable to the fact that more sugar was produced per ton of cane this year than was the case last year.