ADDINGTON MARKET

Ashburton Guardian, Volume 66, Issue 248, 1 August 1946, Page 7

ADDINGTON MARKET

BEEF ADVANCES IN PRICE (P.A.) CHRISTCHURCH, July 31. The store sheep entry at Addington to-day was 860 adult sheep and 445 hoggets. For all classes there was an excellent demand from a large gallery of buyers. The better ewes were fully 2s a head higher and others Is to Is 6d a head better. Hoggets met a good demand at par to Is better. The best price for hoggets was 31s and for ewes 36s 9d for a pen of 57 Romney halfbred cross four-year ewes. The fat lamb entry totalled 562. The quality was high and last week’s values were maintained. Extra prime made to 45s 7d, prime 36s to 395, good 30s to 35s and medium and light 24s to 28s. Ashburton sales —P. A. McLaren (Ashburton), 6 at 44s 7d; R. Letham (Ashburton), 41 at 34s 7d to 38s 7d: James MeCloy (Metliven), 62 at 30s Id to 37si Id; A. P. Bruce (Pendarves), 20 at 30s Id to 33s 7d; G. L. Lilley (Lyndliurst), 31 at 28s Id to 30s Id. The fat sheep entry was 5000, the quality being considerably less attractive than the exceptional yarding last week. Toward the end of the sale interest collapsed and prices slipped several shillings for all classes. Over the whole sale prices were back Is to Is 6d a head. Extra prime heavy wethers made to 5Ss Id, prime 35s 6d to 41s 6d, prime medium-weight 30s to 355, ordinary and light 21s 6d to 2Ss 6d, extra prime maiden ewes to 48s Id, extra prime ewes 27s to 44s Id, prime 18s to 265, medium and light 12s to 17s 6d. Ashburton sales included: Estate F. B. Magson (Rakaia). 56 wethers 375. Id to 52s Id; E. A. Bland (Mount I-lutt), 47 2-th wethers, 43s Id to 50s Id; J. C. Irwin (Rakaia), 42 wethers 435. 7d to 49s 7d; F. P. Heddell (Ashton), 56 at 42s 7d to 47s 7d; Estate D. G. Holmes (Metliven), 56 at 41s 7d to 47s Id; J G. Lilley (Lyndliurst) 30 2-th wethers, 44s 7d to 46s 7d; J. P. McQuilkln (Ashburton), 16 2-th ewes, 35s 7d to 46s Id; John Irwin, Jnr. (Rakaia), 60 wethers 40s 7d to 45s Id; J. W. Watson and S,on (Pendarves), 2’B at 40s Id to 43s 7d; A. P. Bnice (Pendarves), 40 at 3Ss Id to 43s Id; W. H. Wilkinson (Chertsey), 59 at 36s 7d to 41s Id; D. McLeod (Metliven), 60 at BGs 7d to 40s 7d; Jas. MeCloy (Metliven), 62 ewes at 27s Id to 30s Id; James Muokle (Rakaia), 58 at 28s 7d to 30s. Id; C. Nordquist (Metliven), 86 at 20s 7d to 29s 7cl; R. J. Mulligan (Lismore), 116 ewes at 25s lOd to 28s lOd; Estate H. J. Harrison (Rakaia), 56 at 29s 7cl to 31s Id.

The fat cattle entry was 348, of high average quality. A big proportion comprised heifers. The yarding was insufficient for butchers’ requirements. Values opened at an average of £2 better than last week, and in some instances extra prime quality steers were £3 better. Values were maintained throughout the sale. Best beef sold to 67s fid, with some sales at 70s, good 50s to 57s fid, medium 40s to 47s fid ; best cow to 50s, secondary to 355, all per 1001 b. Extra prime heavv steers made to £33 2s fid, prime £2l to £25 10s, prime medium-weight £lB to £2O 10s; extra prime heifers to £24 7s fid, prime £ls 10s to £l7, medium £ll 10s to £ls; extra prime cows to £l9 12s fid, medium and light £8 10s to £ll. Mrs H. fait (Ashburton) sold 1 steer at £23 2s fid ; T. Doig (Chertsey) 1 at £22 2s fid ; ,T. S. Bland (Winchmore), 10 cows at £l3 2s fid to £lB 17s fid; estate D. G. Holmes (Methven), Ifi cows at £l4 12s fid to £lfi 12s fid. The porker entry was larger than for some weeks and values were easier by 5s to fis. The chopper yarding was large and consisted of a fine entry of heavy-weight pigs. Values eased by £1 to £1 10s. Bac-oners were yarded in small numbers. The average price per lb was 9.)d to 10j-d. THE SHARE MARKET The following transactions were recorded on the Christchurch Stock Exchange yesterday: Saies on Change.—Listed stocks: £SOO N.Z. Government 3 per cent. Stock, December, 1053-56, £IOO 2s Gd; 200 Commercial Bank of Australia (ord.) (cum div.), 22s 6d. Sales Reported Listed Stocks: £702 N.Z. Government 2h per cent. Stock, 1949-50, £99 17s Gd; £350 N.Z. Loan and Mercantile (ordinary stock), £B2 7s Gd; 100 Westport Coal, 24s 6d; 200 Booth, Macdonald (pref.), 11s lOd; 50 Electro. Zinc (ord.), G9s; 50 Electro. Zinc (ord.), 695; 350 Howard Smith, 25s 7d; 165 Macduffs, Ltd.

(ord.), 255; 100 Macduffs, Ltd. (pref.) (late sale Tuesday), 295; 171 N.Z. Forest Products (ord.) (late sale Tuesday), Gs.