COMMERCIAL NEWS

Ashburton Guardian, Volume 55, Issue 136, 21 March 1935, Page 7

COMMERCIAL NEWS

ASHBURTON RAM FAIR. RECORD TOP /PRICE OF'2OGNS. SOME SHEEP BELOW STANDARD. The record price for a number of years of 20gns was paid for a Southdown stud ram at the Ashburton Agricultural and Pastoral Association's ram and ewe fair held at the Ashburton show grounds yesterday. The ram, a one-shear^was bred by Mr R. J. Low, the well-known Highbank breeder, and, after being passed in at 19Jgns was purchased by Mr D. Marsden, of Eiffeiton, at the higher figure. The fair was the first ram fair to be held in Canterbury this season, and although some of the stock was presented in fairlv good condition, quite a number of tne animals entered was not up to standard. Farmers would not recognise breeding in flock rams, consequently no fancy prices were offered, and many of tne Jines were passed in. A number of private sales were effected afterwards, however. The best price for.flock rams was 7igns obtained for two one-shear Southdowns sold by Mr A. Amos, of Wakanui, to Mr H. Miller, of Lagmhor. Five one-shear English Leicesters sold on behalfi of Mr W. Clucas, of Lismore, realised 6£gns, while one two-shear Border Leicester sold at 6gns, on account of Mr J. M. Johnston, of Eiffeiton. The total entry was 1012, compared with 881 last year, 1210 tn 1933 and 1308 in 1932, the record year. The predominating breed was Border Leicester, while the English Leicesters were almost as popular. The entry of stud rams was 63, compared with 15 last year. Comparatively few outside breeders were represented at the sale. There was a large attendance, most sections of the Ashburton County being represented. The principal sales effected after the "Guardian" went to press were as follow : Flock Ewes* English Leicester Southdown ljgns. Flock Rams. On account A. Amos (Wakanui), 2 one-shear at 7sgns, 3 at signs; &. H. Liil (Tihwald), o one-shear at at 3sgns, 3 at 3£gns ; A. Amos (vv aiianui), 3 onersnear at 4£gns, 2 at 42gns; W. A. Sheate (WesterfieidJ, 1 oneshear at Vgns, 4 at 6gns, a at o^gns, 1 at sgns; 0. A. Campion (iiighbank), o one-shear at 2Sgns; P. _ uysaght (Jj'airton), 2 one-snear at sgns, .3 at 4igns, 6 at 3igns, 2 at 3gns; Colonel J. Findlay (Jiaifelton), 3 oneshear at 3Jgns, 1 at o*gns; U. lViarsaen (Eiffeiton), x one-snear at signs, 11 at 3£gns, 3at 3£gns, 6 at 4gns; O. A. Uampion (MignDank), 3 one-snear at 2gns; S. ±l. Jjill (Tinwald), 5 one-shear at agns; Colonel J. l'incilay (Eitteiton;, 2 one-shear at 3gns, 'J; at Border Leicesters —On account of J. M. Johnston (Emelton), 1 one-shear at 4jgns; f. Lysaght (Jjairton), 4 oneshear at 3gns, lO at 2g,ns, 7 at l£gns, 9 at ligns; 0. C. Lochhead (Kakaia), 4 one-shear at iigns; estate A. V. Richards (Mitcham), 5 one-shear at 3£gns, 3 at 2£gns, 2 at 2igns; Colonel J. Jbindlay (Eiffeiton), 5 one-shear at 3|gns, 5 at 3igns, 2at 3gns, 6 at (Ashburton), 2 one-shear at 2Jgns, 3 at S. G. Lemon (Lauriston), 5 oneshear at 4£gns, 2 at Signs; W. H. King (Winchmore), 1 two-shear at 2gns; 6 one-shear at 4£gns, 5 at 4gns, 8 at 3gns, 3at 3igns. 2 at 5 at 2igns, 5 at 2igns; W. O. Rennie (Doyleston), 4 one-shear at 4gnsj S. G. Lemon (Lauriston), 3 one-shear at 4£gns, 7 at 4igns; J. C. Lochhead (Rakaia), 4 one-snear at ligns; A. J. Nicoli (Ashburton), 3 one-shear at 4gns; Colonel J. Findlay, 2 one-shear at agns; J. M. Johnston (Eiffeiton), I one-shear at 6gns, 4 at 4|gns; Colonel J. Findlay, 3 onershear at 3gns; James Stewart (Rakaia), 1 one-shear at sgns, 2 at 4Jgns, 3 at 3|gns; J. M. Johnston (Eiffeiton), 2 one-shear at 3|gns, 2 at 3*gns; S. G. Lemon (Lauriston), 4 one-shear at Signs, 2 at 4gns; H. M. Copland (Dromore), 3 one-shear at 4igns, 6at 4gns; W. O. Rennie (Doyleston), 4 one-shear at 4gns; S. Crosson (Lagmhor), 5 one-shear at 4gns, 5 at'3gns; Colonel J. Findlay, 2 one-shear at 3gns, 3 at 2£gns; J. M. Johnston (Eiffeiton), 3 one-shear at Signs; W. SB. Simmons (Lowcliffe), 2 one-shear at 3gns. Corriedales —On account C. A. Campion, 3 one-shear 4gns, 3 at 3gns, 1 two-shear John Moore . (Ruapuna), 1 one-shear sgns; P. G. Rickard (Riverside) 4 one-shear sgns. Romneys—On account R. Oakley (Mayfield) 5 one-shear 2£gns. Shropshires —On account of S. Cox (Lyndhurst) 5 one-shear at 3\gas, 5 one-shear at 4^gns, 5 three-shear at 2gns; Walter Letham (Lauriston) 3 at 2gns, 2 at lfgns; S. Cox, 5 one-shear at 4igns; Cochrane Bros (Elgin) 3 oneshear at 4fgns, 2 at 2|gns; Walter Letham, 2 two-shear at 2|gns: S. Cox 4 one-shear at oigns, lat 3£gns; S. Cox, 4 one-shear at sgns, 1 at 2gns. Stud Rams. English Leicesters—On account R. J. Low (Highbank) 1 one-shear sgns. Southdowns—On account of R. J. Low (Highbank) 1 one-shear 14*gns, 1 at 14gns; W. H. King (Winchmore), 1 one-shear llgns. Unregilstereidf Rams. On account of W- 0. Rennie (Doyleston) 1 one-shear at 2gns; Ashburton High School Farm, 1 two-shear at li gns; W. H. King (Winchmore) 1 oneshear at 4gns; 0. Hale (Ashburton) 2 one-shear at 3£gns; J. 0. Lochhead (Rakaia) 1 one-shear at 22gns; C. G. West (Wakanui) 2 two-shear at ljgns.

GRAIN AND PRODUCE. THE MARKET. The recent rain has given an impetus to the retail demand for Algerian oats, grass and clover seeds for autumn sowing and these commodities are firm at recent quotations on the Ashburton grain seed and produce market. Offerings of milling wheat have eased off but some growers are not threshing until next month when an increment of Id per bushel will be added. There is still a good demand for heavy Gartons and dark Duns. 'Partridge peas are firm at recent quotations. The following are prices to be paid to farmers, on trucks at country sta-

tions, sacks extra unless otherwise mentioned:—

Wheat—New season's: Tuscan 4s, Hunters 4s 2d, Pearl and Velvet 4s 4d (all f.0.b.). "Good whole fowl wheat 3s Bd. Wheat seconds 3s 3d to 3s 6d. Oats—Gartens 2s 3d to 2s 6d, Algerians 2s to 2s 3d, Duns 2s 3d to 2s 9d per bushel. , „ „„ Chaff—Good bright oatsheaf £3 os per ton. Grass Seeds—Perennial Italian and Western Worths 2s 6d to 3s, cocksfoot 7d to 9d, white clover Gd to 9d. Partridge peas—No. 1 grade 5s 6d to 5s 9d, f.a.q.'s 4s 9d. THE SHARE MAHKET; The following sales were maae on the Christchurch Stock Exchange yesterday : LISTED STOCKS.

THE STOCK MARKETS. ~~~ ADDINGTON. CHRISTCHURCH, March 20, Norma seasonal -entries were the rule at to-day's Addington market and good sales for both fat and store sheep. Store Ewes —.There was a heavy en try but only a few good lines. Values for sound-mouthed ewes were up by Is 6d to 2s a head on last week, the strong; demand at the fat ewe fairs and the good rains firming the market. Best two-tooths made to 33s and sound-mouthed to 22s 6d. Many pens of the latter exceeded 20s. Fat Lambs—There was a slight y easier sale for light lambs. Best made to 26s lOd, heavy 32s 6d to 255, and others 15s 6d to 225. Fat Sheep—There were 4100 in the pen and a good sale resulted, heavy ewes being up by 2s a head and export bv Is. Wethers also improved by is a head. Extra heavy wethers sold to 30s 4d, prime heavy 26s to 28s bd, prime medium-weight 23s to 26a, medium quality 20s 6d to 22s 6d, light 15s to 18s 6d; extra prime heavy ewes to 255, prime heavy 20s to 26* t>a, prime medium, weight 16s 6d to 19s bd, ordinary 12s 6d to 16s, light ana aeed 10s to 12s. , Fat Cattle—There were 025 forward, mostly light steers and inferior cows. For the few good pens of steers, cows and heifers there was a free sale at last week's prices, but most of the inferior cattle were down by lbs to ios a head. Extra prime heavy steers sold to £ll 7s 6d, prime heavy £8 10s to £8 15s, medium-weight prime i/ ius to £9, ordinary. £4 to ■ £7, light to £3 15s: extra prime heifers to £8 1/s 6d prime £4 10s to £6 10s ordinary £3 5s to £4 ss, light to £3; extra prime cows to £7 12s 6d, prime £4 to £6, ordinary £2 5s to £3 15s, light and aged to £2 10s. Fat. Pigs—There was a medium entry and a good demand throughout, pork'ers being very firm with an increase in values. Choppers made £2 to £4 16s 6d, baconers 50s to 57s 6d, heavy £3 to £3 7s 6d, extra heavy to £3 14s 6d (average 5Jd to 6d lb), porkers 35s to £2, heavy £2 2s to £2 7s 6d (6Jd to 7d).

BURNBIDE. DUNEDIN, March 20. The yarding of fat cattle at the Burnside stock sale to-day numbered 281 head. The total included only odd consignments of heavy bullocks and the market for these was 10s firmer throughout. Medium quality bullocks sold on a par with the preyi- • out market and cows and heifers were a shade easier. Extra prime heavy bullocks made to £ll 12s 6d, prime heavy £9 2s 6d to £lO 7s 6d, medium quality £7 2s 6d to £8 12s 6d, lighter sorts down to £5 2s 6d. Extra prime heifers brought up to £7 7s 6d and extra prime cows to £7 2s 6d. There were 180 head of store cattle .forward, a large proportion being vealars. On account of the oversupply these sold cheaply and the lower classes were difficult to sell. The usual assortment of grazier and cull cows changed hands at satisfactory prices. The yarding of 40 dairy cows and young beasts close to profit met with good competition and sold at up to £6 10s,

The entry of fat lambs numbered 1548, quality on the whole being only fair. Exporters opened at full schedule rates for prime quality sorts, but unfinished lambs were not in demand and the price dropped by Is per head. A large entry of fat sheep was forward, the total being 2548, but only odd consignments of heavy wethers were included. There was good competition for this class and the prices were firm. The market for heavy ewes opened practically on a par with the previous sale, but there was a distinct tendency to ease as the sale progressed, closing rates being 2s to 2s 6d lower. Freezing descriptions did not meet with the usual competition and declined from Is to Is 6d' per head.

In a dragging market extra prime heavy wethers made to 30s, prime heavy 26s to 27s 6d, medium quality 22s 6d to 245, light sorts down to 19s. Extra prime heavy young ewes'brought to 21s, extra prime heavy 17s to 19s, prime heavy 15s to 16s 6cL medium quality 13s to 14s 9d, and light down to 10s. The fab pigs penned totalled 120 and in a good sale these were 2s to 3s firmer. The 65 store pigs forward met with a firm market. SYDNEY WOOL SALES. PRICES FULLY FIRM. SYDNEY. March 20. At the wool sales to-day 9610 bales were offered and 9050 sold, while 494 were sold privately. Under strong competition values were fully firm at the previous day's levels. There was also a further strengthening of the demand for all spinners' wools, prices of which showed a hardening tendency. Greasy merino made to 16Jd.

Sales on 'Change. i £ s. d. £400 Booth, Macdonald, 6J p.c, 1937 68 0 0 100 Com. Bank of Aust. 0 16 0 100 Bank of N.Z. ("D" Mortgage shares) ... 1 12 4 20 Reserve Bank 6 10 6 100 Goldsbrough, Mort ... 17 4 50 N.Z. Breweries 2 11 5 300 British Tobacco (cum div.) 1 16 3 1 16 1 1 16 0 800 Dunlop Perdriau Rubber (2) 0 17 0 (3) 0 16 11 0 16 7 0 16 6 0 16 5 300 Electro. Zinc (ord.)... 116 (2) 117 362 Alexander Mines (15s paid) (3) 0 17 0 (2)' 0 17 2 0 17 3 1000 Bell Hooper 0 U 14 1900 Big River 0 2 2 < 2 > 0 2 3 (4) 0 2 3* 500 Brian Boru 0 0 3 LISTED STOCKS. Sai«s Reported. -P a A 100 Dominion Fertiliser 3j a. u a 12 2 200 Dunlop Perdriau Rub. (late sale March 19) 0 17 7 100 Dunlop Perdriau Rub. 0 16 11 500 Bendigo •Gokllightt 0 0 10 500 King Solomon 0 3 10 1000 Mahakipawa 0 0 11 200 Stockton Coal (pf.) 0 4 0 UNLISTED STOCKS. Sales on 'Change. £ s. d. 100 Smith Wvlie 0 9 0