COMMERCIAL NEWS

Ashburton Guardian, Volume 58, Issue 39, 25 November 1937, Page 9

COMMERCIAL NEWS

THE STOCK SALES. ADDINGTON. (Special to the “ Guardian.”) CHRISTCHURCH, ,'November 24. Small entries of fat stock at to-day’s Addington market met with an improved sale, particularly fat sheep and to‘a lesser extent fat cattle. Fat ’Lambs—The freezing works Commenced operating this week and export buyers were in the market. Prices, however, were in advance of their rates, making from 9£d to 9|d. Store Sheep—There was a much freer sale with a slight advantage in prices for ewes and lambs. Two-tooths fetched up to £1 ss, wethers 17s to 19s. Fat Sheep—A small penning of 3750 head as against 6600 last week met with a complete recovery in wether values of 2s a head and of ewes about 2s 6d. Wethers: Best to £l 14s lOd, good £1 8s to £1 12s, ordinary £1 3s to £1 6s. Ewes: Best to £1 10s, good £1 4s to £1 7s, average 18s to £1 la 9d, light, down, to 16s. , i Fat Cattle—About 500 were penned and for a small showing of good cattle last week’s drop of 20s a head was recovered. Medium sorts showed a little improvement.but old cows were a shade weaker. Best young beef in a few instances were to 40s per 1001 b, good 36s to 38s, and rough down to 265. Best steers brought up to £l7 17s 6d, others • £l4 10s to £l6 10s, inferior, down tp £lO. Vealers sold at slightly lower rates and store cattle eased on last week’s improved market. Fat Pigs—There was a heavy entry and with the export price easing slightly there was a weaker sale for porkers, which were down by 2s to 3s a head. Baconers were slightly easier. Porkers realised) £1 12s 6d to £2 15s 6d s,aveiage price per lb, 6fd to 7£d); baconers £3 9s 6d to £4 4s 6d (average price per lb, 6£d to 7d). • Store Cattle—Ten well-grown Shorthorn steers sold at £8 7s, 11 two-year Black Poll-Aberdeen cross-Hereford steers at £6, 7 two-year Shorthorn Steers at £7 6s, mixed coloured three and four-year steers at £8 fresh hut low-conditioned cows at £3 11s, 10 Shorthorn cross yearling to two-year steers at £4, and some 18-months heifers at £3 4s. Store Pigs—Weaners, small, 16s to 19s; best, 20s to 2os. Slips, 25s to 275. Sniall stores, 26s to 295. Large stores, 30s to 325. Five ; purebred Berkshire sows realised £5 l2s *6d a head:. Ashburton County vendors. At the Addington stock market yesterday sales on behalf of Ashburton County clients were : Fat Lambs—Shellock Bros. (Rakaia), 18 at 26s 4d to 28s lOd; AV. Shellock (Rakaia), 33 at 27s 4d to 28s 10d; T. H. Hooper (Mitcham), 3 at 28s 4d to 32s Id; AV. 011iver (AVinchmore), 10 at 21s 6d. Fat Sheep—*Wethers; On account of estate H. Maginness (Methven), 44 at 26s 4ds to 28s 4d; Rakaia client, 17 at 21s; R. Hampton, sen. (Pendarves), 10 at 29s lOd to 31s 4d; M. Molloy (Lyndhiirst), 24 at 27s 4d to 29s lOd; H. E. H. Richards (Methven), 17 at 26s Id to 27s Id; M. Sewell (Mayfield), 24 at 24s lOd to 25s lOd; J. CL McLachlan (Rakaia), 34 at 24s lOd to 27s 4d; S. Cross (Newlands), 27 at 26s lOd to 27s Id; G. S. Campbell (Rakaia), 36 at 25s Id to 26s 7d; M. S. Turton (Ashburton), 31 at 31s 4d to 25s lOd; J. Campbell (Methven), 40 at 23s lOd to 25s 4d; R. Fletcher (Hatfield), 18 at 25s lOd to 27a 4d; R. D. Robinson (Tiriwald), 48 at 22s 7d to 24s 7d. Ewes: Qn ac- \ count of J. tV. Ferguson (Methven), 60 at 18s 4d to 21s 3d; estate H. Maginness (M^hvei?.) ; 3 at 19s 10a, R. Hampton, sen. (Pendarves), 130 at 21s 7d to 26s 4d; M. Molloy (Lyndhurst), 45 at 22s lOd to 24s /d; G. H. Lamb (Valetta), 9 at 18s lOd; J. G. McLachlan (Rakaia), 30 at 19s lOd to 22§ ld« Fat Cattle—Un account of if. AV. Ruddehklau (Methven), cow at £lO 7s Gd, 2 heifers at £6 17s 6d to £8 2s 6d; T Gilpin /(Methven), 2 cows at £8 12s 6d to £lO 7s 6d; Miss E. Gilpin (Methven), 2 cows at £9 12s 6d to £9 7s 6d; AV. Drummond (Methven), cow at £6 2s 6d.

THE SHARE MARKET. ! The following sales were made on the Christchurch Stock Market yesterday ‘ LISTED STOCK. Sales on ’Chang®.

SYDNEY WOOL SALES. SYDNEY, November 24. At the wool sales, 9195 bales were offered, 7550 were sold at auction, and 517 privately. The keen competition from Yorkshire and the Continent continues. Greasy merino made to 21 d.

10O Com. Bank of Aust. 0 16 11 250 Broken Hill Pty. (rights) (2) 1 1 7 3 7 2 350 Electro. Zinc (ord.) 2 5 0 (3) 2 4 11 2 5 6 (2) 2 5 7 300 Electro. Zinc (pf) (2) 2 7 3 (2) 2 8 9 2 8 8 100 G. J. Coles 4 1 0 4 2 0 100 Woolworths (Sydney, ord.) ••• 1 5 0 200 Grey River f7s6dpd) (2) 0 9 3 750 Broken Hill South (cum djv.) 1 1 14 5 14 3 (2) 1 14 0 1 13 11 1 13 9 1 13 10 (<& 1 16 0 250 Mount Lyell 1 11 0 T 11 3 j 1 12 1 100 Mount Morgan 0 11 4

Sales Reported, £1500 N.Z. Govt., 4 p.e. 103 0 .0 Ins., 1943-40 ... £(500 N.Z. Govt. 4 p.c. 103 0 0 1946-49 £250 N.Z. Govt. 4 p.e. 103 0 0 Bonds, 1949 100 Dunlop Rubber 3rd.) 1 2 0 ,100 Electro. Zinc (< 2 5 0 2 5 7