COMMERCIAL NEWS

Ashburton Guardian, Volume XLIV, Issue 10106, 7 May 1924, Page 2

COMMERCIAL NEWS

TINWALD STOCK SALE. PRINCIPAL SALES YESTERDAY. There was a very large attendance at the Tinwald yards yesterday, and the sale, taken all through, was a record one for the season both in respect to keenness in bidding and the prices obtained for the big bulk of the lots offered. There was an all-round advance of from 2s 6d to 3s, and buyers were operating freely. There was also a keen demand for: local supplies. The entry comprised 1614 fat ewes, 106 fat wethers, 2920 lambs and about 2500 stores. There were a few unfinished lines in

the fat ewe pens, but the big majority were very prime. Prime sorts made 26s lid to 29s lOd, Mr James Hampton, of Tinwald', obtaining the latter figure for a pen of 13 and 2S's 8d for a pen of 12. Second quality made 24s Id to 25s 7d, and unfinished lots 18s 3d to 22s 2d. Wethers made from 29s to 36s lOd. Prime lambs realised 31s 3d to 36s lid and second quality 25s 3d to 29s lid. 'The over-all price was fully 10|d per lb, and in some instances lid per lb Avas realised. The principal sales were:— Fat Ewes—For G. Ross (Ruapjma) 9at 25s 6d, 17 at 245, 10 at 22s lOd, 52 at 32s 3d; S. Ferguson (Westerfield), 12 at 25s 3d, 13 at 24s ; J. Hampton (Tinwald), 13 at 29s lOd, 12 at 28s Bd, 13 at 27s lid, 10 at 27s 2d: B. Waller (Winslow), 19 at 18s 6d; J. M. ' Hampton (Hinds), 14 at 22s Id, 11 at 1 /23s 3d, 24 at 24s Id; F. Clemens (Newlands), 12 at 23s 8d; McCausland's estate (Lismore), 7 at 18s 3d; W. Walsh (Tinwald). 11 at 23s Id; L. • Maginness (Tinwald), 121 at 20s 7d; ! R. C. Maidens (Hinds), 15 at 25s 7d: : W. T. Stevens (Eiffelton), 30 at 25s I sd; I. F. Read (Eiffelton), 10 at 21s i Id, 3 at 245; J. B. Stevenson (Tin- :' wald), 1 at 25s 3d; J. H. Papworth (Willowby), 26 at 22s lid, 12 at 25s ss; F. W: Grossman (Eiffelton), 13 at - 235; F. P. Cookson (Eiffelton), 13 at 26s 9d; L. J.■ "Prattler (Willowby), 17 at 21s lOd; client, 26 at 27s sd: estate J. M. Smith (Flemington), 57 at 19s 2d, 13 at 23s 7d, 114 at 25s lid. 88 at '22s lOd, 18 at 18s 3d, 59 at 22 2d; T. J. Bell (Wheatstone), 14 at 24s lid, 21 at 26s Id; J. Langdon (Westerfield), 12 at 255, 18 at 275; H. J. Jewel (Mt. Somers), 5 at 25s lOd; G. Chap- : man (Willowbv'). 17 at 25? 7d: J. Favrell (Hinds), 18 at 26s Id, 12 at 23s 3d, 11 at 24s lid; client, 20 at 23s 6d, 19 at 25s 2d, 26 at 23s Bd, 20 at 23s id, 10 at 22s 4d, 11 at 18s; S. Cvossan I (Lagmhor), 16 at 24s lid, 8 at 22s 6d; G H. B. Lill (Willowbv), 30 at 24s sd, 33 at 23s 9d; S. H. Lill (Tinwald), 29 at 21s sd, 37 at 22s lOd; D. Watts (Tinwald), 18 at 255; V. W. Wriocht (Lagmhor), 21 at 245, 15 at 25s lQd; A. Read (Eiffelton), 14 at 21s 7d; A. J. Greenall (Tinwald), 12 at 24s 9d; A. M. Stevens (Lagmhor),- 17 at 26s 2d, 22 at 25s Sd. .Fat Wethers—For L. Maginness, 6 at 28s 6d, 1 at 30s 3d; client, 46 at 325; J. Farrell, 5 at 365; J. Stevenson, 1 at 24s 9d; A. Read 3 at 30s 9d. Fat Lambs.—For T. Muckle (Hinds), 84 at 31s lOd; G. Ross, 76 at 31s 7d, ■ 82 at 28s 6d; I. Gallagher (Valetta),.l at 345, 139 at 28s 2d, 57 at 32s 2d, 114 at 27s 4d; G. D. Hampton (Westerfield) 57 at 30s 4d; F. Clemens, 29 at 33s 3d; J. W Higgs (Maronan), 35 at 38s Id; S. Ferguson, 16 at 31s 3d; J. Taylor (Tinwald), 20 at 28s Id: L. Maginness, 40 at 275; client, 97 at 32s lid; McCausland's Estate, 76 at 32s lid; J. M. Hampton, 1300 at 33s sd; W. J. Crawford (Lagmhor), 65 at 33s 4d; F. W. Crossman, 11 at 29s 9d; F. P. Cookson, 10 at 33s 4d; T. McCormack (Lowcliffe), 29 at 32s 2d; J. B. Stevenson. 73 at 32s 2d; W. and C. Morse (Lagmhor), 31 at 29s 9d; R. J. Chapman (Willowby), 37 at 32s 9d; M. Whearty (Wheatstone), "92 at 35s lOd ; J. Tuliy (Tinwald), 60 at 32s lid; L. J. Prattley, 11 at 30s 3d; W. Bruce (Eiffelton), 6 at 36s lOd; J. Stevenson, 39 at 31s 7d; client. 35 at 30s lOd, 151 at 34s lOd, 75 at 29s lid; H. Miller (Tinwald) 70 at 36s lid; T. O'Neill (Watertoii), 49 at 335; Mrs M. A. Chapman (Willowby), 43 at 33s 4d; T. J. Bell (Wheatstone), 25 at 37s sd; J. Farrell, 76 at 29s 6d; G. Chapman (Willowby), 111 at 30s lid; Estate J. M. Smith, 16 at 30s; G. H B. Lill, 105 at 29s 6d; H. J. Jewel, 75 at 28s; A. M, Stevens 33 at 33s

Stores.—lt was late before the sale of stores was started, and as the sale proceeded a great many lines were passed in. A few of the principal sales were: —Eighty-four mixed sex three-quarterbred. lambs at 21s 7d. 74 failing-mouth three-quarterbred ewes at 15s Id, 62 do. at 14s 6d, 49 four, six, and eight-tooth halfbred ewes at 32s 2d, 48 crossbred ewe lambs at 235, 40 mixed sex crossbred lambs at 25s 3d, 155 eight-tooth three-quarterbred ewes at 22s lOd, 24 two-tooth cull ewes at 19s 9d. , {

NEW ZEALAND LOAN. PRAISE FROM THE "MORNING POST." . LONDON, May 6. The "Morning Post's" financial editor, commenting on the New Zealand prospectus, says: "Not the least interesting feature is the great amount of detailed information given regarding the Dominion's financial position and the manner in which the proceeds are to be applied. This is highly commendable, and doubtless among the i reasons explaining the popularity of New Zealand issues in the market."

I THE WOOL TRADE. BRADFORD MARKET. LONDON, May 5. .The Bradford tops market is quiet. Little actual business is passing, awaiting the London sales opening. LONDON WHEAT MARKET. LONDON, May 6. Wheat cargoes are steadily held at late rates. Parcels are ciuiet and easier. Parcels ox Rippalos sold at 48s 3d, and ex) Cairnavon at 48s 6d a quarter, DAIRY PRODUCE. PRODUCERS' ASSOCIATION REPORT. ; WELLINGTON. May 6. j J The New Zealand Producers' Co-|

operative Marketing Association has p« received the following cable from Lor.- £ don, dated May 2: M The butter market is slow. New e: Zealand, salted 170 s to 1725, unsaltad m 176 s to 178 s; Australian, 160 s to 1625; 6», Argentine, 148 sto 1565; Danish 2025; r J Dutch, 186 s per cwt. The Danish "J price is due to the Continental d?- !» mand curtailing their supplies for this Y% market. ' M

I The cheese market is quiet. New I Zealand, white and coloured, 54s to I 56si per cwt. ! Stocks of New Zealand and Canadian cheese held are: 134,000 crates_ not including 40,000 now discharging ex the Mataknna and Ilemuera. At the same date last year the market price was 945, and the stocks were only j 38,000 crates. Heavy stocks are de-

pressing the market, and buyers are only taking daily or weekly require-

ments in anticipation, of lower prices