COMMERCIAL.

Auckland Star, Volume LVI, Issue 66, 19 March 1925, Page 16

COMMERCIAL.

THE MARKETS AT A GLANCE. QUIET TRADING CONDITIONS. NEW SEASON'S SULTANAS ADVANCED. BREAKFAST FOODS HIGHER. "Auckland Star" Office, Thursday, March 10, 1925. Unfortunately trade returns have not shown the same rate of improvement this week as they did previously, the slackening off for stock-staking uiiil bank balancing being felt to a marked degree. Booking for next mouth, however, is coming forward in a more substantial manner, and wholesale houses should experience a p>.-nir:il :illround increase of business, commencing from next week. Owing to the bettor prices now beiui; obtained iv the Home markets for lmtti'i- niiil cheese, tliuse linos are coinili!,' in for it great deal of attention, the present prices' being obtained for butter more than compensating producers for the \wak markets that were ruling t'nvlier 111 the year. Chnwo values are rirffii-r, local prices hardening slightly (luring the last fortnight. LMirlnK tliu lirst two weeks oC March, Ni.aiH boxes at butter passed through the graders' hands, an increase lit 14,C>!>:> boxes over the same period of last year. Cheese has shown an increase over the first fortnight of the previous month'to the extent of 18S crates, whicJl is .1 very gratifying position for , producers to be in. DRAPERY. Last week marked tlio termination ot the summer sales.* Business was brisk during I he last few days, but it was not sufficiently heavy to make up for the (.'round lost during the earlier part of the sale period. The Reniueni has just finished discharging the final consignments of winter Roods, and considering the high price of wool, these are opening up at remarkably good values, indicating that a goodly portion hail been bought prior to the recent heavy advances on all woollen goods. Knitted costumes are going to bo popular this year, and will be shown in ii gidat variety of styles and colours. In millinery this year some particularly smart styles have been imported in order to eater "for the prevailing mode of bobbed hair. AUSTRALIAN DRIED FRUITS. In previous years the export of nearly Jill shipments of dried fruit has been under the control of the. Australian Dried Fruit Association, but commencing this month all currants, sultanas and lexias for export are subject to the Dried Fruits Export Control Act, which provides that these fruits can only be exported in accordance with a license issued by the Minister, subject to such conditions and restrictions is nre prescribed alter recommendation to the Minister by the Dried Fruits Control Board. Regulations were issued by the Minister of Markets and Migration on the 7th inst., prescribing the conditions and restrictions under which the fruit may be exported. The conditions of the license briefly are :—(a) The fruit must be exported within fourteen days of the issue of the license; (b) in respect of fruit for the United Kingdom, the fruit must be sold at such prices and under such conditions as the board approves; (c) in respect of fruit for destination other than the United Kingdom, shipment will only be allowed in cases where the fruit is actually sold prior to shipment, and on condition that the naino and address of the purchaser is disclosed, and the price at which the fruit Is sold is approved by the board. The fruit must not be transhipped or reshipped to the United Kingdom. Exporters are also required to pay a levy of id per pound to the Collector of Custome on or before the entry of the dried fruits for export, as required by section IS qfVthe dried fruit export charge.s. New season's prices wore announced at the end of last week, and contrary to previous years are not subject to any fall clause, besides" which quotations are one. halfpenny per pound dearer on one and' twocrown' sultanas. It is already rumoured that the crop is short, and if this is tlu> case it probably accounts for the omission in forward quotations of one-crown and ungraded fruit, which were so popular last year on account of, their much cheaper prices. Prior to the Boacd 'of Control prices being-, issued, some unauthorised prices were llstedi'but as they were issued without the authority of the board, buyers would not be able to get delivery owing to shipment not being able to be effected by sellers. CINNAMON CinrSL . Market rates are slightly es-ier, present quotations being- at a reduction of one shilling and sixpence per liuiidJSdweight on previous iiiden t lists. FRUIT. PULP. Advices have now. been sieived from Tasrnanian packers that stoii 1 !of raspberry are all cleaned up, owins fa» the eiceptionully heavy demand .that has been experienced. The loganberry .j crop has alßo been short, and ennners have been forced to advise their clients of their inability to execute any more orders owing to all stocky being sold. SICILY ALMONDS. Latest information in regard to this market advises a further slight weakening of indent values, the present alteration being a reduction of two shillings per hundredweight. 'Hand-picked are also weaker,, the last list to' hand offering this grade at 5/ per hundredweight lower than formerly. . : . DESICCATED COCONUT. This market is still appreciating in Value, agents advising this last week-end that indent quotations had hardened slightly, and that the future indications were for a firm market ahead. In past - season's Pcnang shippers were strong competitors tor business, their quotations generally ruling slightly lower than Colombo lists. Owing to the fact that the production of coconut oil has a better market value, besides being in good demand, they nave gradually gone out of the desiccated cocojiut business, with the result that for some time Colombo quotations have been without any outside competition, as theirs is the only market that is able to supply. ANGELICA. Indent quotations liave advanced one penny per pound, and the forward market is firm. NEW ZEALAND MACARONI. Owing to the advance on Hour, packers had intended to advance all their packings ninepeiice per dozen, which was duly udviscd some time ago. Alter further consideration, however, it was decided to allow prices to remain as they were, aiid to reduce the wholesale trade discount by o per cent. CORN SACKS AND WOOL PACKS. Now that it is ho close to the sailing of the direct vessel from Calcutta, early direct quotations for this steamer have been '■withdrawn,- which leaves only offers for July-August steamer now available. Corn Sacks.—These nre still appreciating in value, indent rates being higher than ever for July-August shipment. 251b are now up Old.-231b tiJSd, 21b 7oz 81d per dozen. Wool Packs. —Small advances are advised on both 48iii and 4'Jin, of one penny per sack. WHITE LEAD. Indent quotations for English leads are now being offered nt slightly lower rates than were previously advised. White Lnnd in Oil.—Prices are now reduced £1 per ton. Dry White Lead. —Both one and five ton parcels have been reduced £1 per ton. White lead In powder—form lias also been reduced to the same extent.. COCOA BEANS, During the past week advices have been received that market quotations , t have declined two shillings per hundredweight. BRAZIL NUT!?. A further advance of two shillings per hundredweight is now udvlsed for prompt shipment. Certain lots of stock have been reported sold from London, no that prices are now higher, with the markot very; firm. It seems quite evident from reports that have come to hand that the. shortage which occurred last year is likely to be repeated, as those who control the market in Land on art: only accepting forward business at further advances on present rates. EDIBLE OIL. Since indent rates "were first advised early in February, the market has eased somewhat, and the revised quotations just received show the following reductions on previous prices :—Steel dritins, "1/0 per hundredweight, 4 gallon and 4 1-0 gallon tins 5/0, 1 gallon tins 0/9 per hundred■weiglit. ' ; PEANUTS. y. ii,?t c T isea rat e« for .Chinese peanuts have bJ. vot en J ecclvea --.which' are considered to lateW s n ,* avour able ( ae v Information has iimrkot °^ c . n ° hand to the pffec t that the .' hae in upward tendency. Ca L,- BARCELONA NUTS. i<s&£w2Fs&i ?£™ te atirlns the declining rtarkrt Fnbe rts are on a wauctufu et th 4t tt " . niove a -afc. V..---;. v : : .' ::■ I*

CEYLON TEA. At the usual weekly sale held in Colombo on the 11th inst. 1,700,0001b was offered, this being slightly in excess of the amount put up for sale ut the previous auction. The teas offered were of very ordinary grade,' the only sorts calling for any comment being the up-country sorts, which showed some improvement. The result of the sale at the close snowed the market irregular and easier, except or finest sorts, which did not register any change. The reductions are as follows :— Lowest grade brokens Jd, clean common brokens Id, medium brokens id, good brokens }d, and plain 8.P.0.'s Id per lb. Exchange altered slightly, and i 3 now ruling at 1/G 0-32. BKEAKFAST FOODS. Since last advice the oat market has taken .1 further upward trend, with the result that many Southern lines are now listed nt advances on previous lists. In the South, oatmeal was reduced £- per ton, as millers were buying oats at from 3/0 to 3/0 per bushel,.but, owing to the short crop, prices did not stay at the above figures for any length of time, but gradually began to move up. with the result that late selline rates have been In the region of 4/5 to 4/G per bushel. Oatmpnl prices immediately jumped up £3, so that selling rates nre now hipher. on the average than last year, with the result that other brands of breakfast foods have been compelled to advance. Crenmonta. small, lias advanced !M per dozen, Ortper down, twenties S/ per dozen : semolina packets, 1/ per dozen ; milk onties, 2/ per dozen ; oatinuts, 2/ per dozen; oatina. fours 1/ per dozen, twenties S/ per dozen ; and oto threes 1/ per dozen. HOPE!. The list prices for packet hops have been; reduced 3d per lb on former quotations. BISCUITS. When flour advanced at the beginning of the "month, it was at first thought that all biscuit prices would advance, but after further consideration it was decided to only advance the following kinds : —Cabin bread, 4/ per 1001b; milk arrowroot, Osborne crackers, rice, rice wafers, water, water crackers, wheaten wafers, have all advanced one halfpenny per lb. PRESERVED GINGER. Revised quotations for Australian preserved {ringer now available advise that all packings have been reduced one halfpenny per lb. CARAWAYS. Prices for new season's Dutch caraway seeds have just been announced, and are considerably lower than last year, the reduction on* previous quotations being -7/6 ppr -cwt. Old season's stocks are not yet all cleared up, and in view of the reductions on new season"s are now listed at a further fall of 4/ per cwt on the new prices for prompt shipment. CRYSTALLISED CHERRIES. The English market is firmer for prompt shipment, sellers being only able to confirm at an advance of one halfpenny per lb. GRECIAN CURRANTS.' Indent rates for Amalla currants have been reduced 3/ per cwt. HARDWARE, Hardware houses report that trade from tbe country, especially the Waikato and Bay of Plenty districts, Is showing Improvement, which is some compensation for the general slowness of town traders, who are not likely to artier in any quantity till after the end of this month. Inquiries are still being received for pint and quart preserving jars, which are difficult to execute, as nearly all merchants have sold out of the most popular brands. Halfgallons are more plentiful, but are not in inpeh demand, as they are too big for the average size family's requirements. Jam : jars are still available in all sizes, but jelly jars are just about done. Three in One oil had taken an advance in first cost, and future shipments will land at slight , advances on last costs. The present high rate of exchange now ruling will compen- : sate to some extent for the advance, which will not be as great as it would otherwise have been /if the rate had not been so favourable as it is at present. WHOLESALE CURRENT PRICES. (10/3/25.) Dairy Produce.—Superfine quality creamery butter, 1/61 per lb booked; Opotiki, I,M per lb; Anchor, 1/5J per lb for prompt cash. First grade factory, 1/51 per lb booked, 1/5 per lb prompt cash; second grade factory, V4A per lb booked, 1/4 per lb prompt cash; farmers' separator, l/l per lb. Cheese.—First grade factory, medium size, Did to tijd per lb; loaf, lid to lUd per lb. Bacon.—Hams, 11 Jd to 1/ per lb; bacon, sides, 10d to IOJd per Jb; lard, bulk, lid per lb, pats 1/ per lb. Flour.—£2o 35/ per ton, less 2} per cent dlseoii.it for 2001b sacks. Supplies in all sizes i.ow available. ' Sharps and BranT—Australian pollard. £9 10/; bran, £8 10/ per ton. Supplies practically unprocurable. Local sharps, £8 pet , ton;, brail, £7 per ton. Supplies rather restricted. Oatmeal, both local and Southern, O's So/,' 20's '33/ per JOOlb. Grain.—New Zealand feed B Garton, 5/0 per biishel; Algerian seed, C/ per bushel. Maize : New Zealand, 7/0 per bushel; African, 7/9 per bushel. Wheat: Australian milling, 9/3 per bushel. Feed barley, 6/0 per bushel; Capo seed barley, 7/ lj per bushel. Maize meal, 14/6 per 1001b. Barley meal, 14/G per 1001b. ■ Chaff.—Victorian compressed, £0 10/ per ton ; Blenheim, £10 10/ per ton; .Kangitikei, £10 per ton. Onions.—Local, £10 10/ per ton; Southern, £10 10/ per ton. Potatoes.—Local, £9 per ton; Southern, £9 10/ per' tori. , Peas.—Blue Prussian, 10/G to 11/6 per bushel; Partridge, 7/0. Linseed.—Whole, 25/G per cwt; crushed, 26/0 per 1001b. Manures. —Blood and bone, £11 10/; super high grade, for immediate delivery, £6 7/6 per ton; steamed bonedust (Calcutta), £11 35/ per toft; Gears ruot manure, £9 10/ per ton; mixed bonedust, £10 10/ per ton; basic slag, £4 10/ per ton (very short supply) ; Ephos phosphate, £6 (/0 net. POTATOES. Larger supplies of Southern potatoes arc now coming to hand. Although earlier shipments were not in good condition, the potatoes now arriving, being properly matured, are of good quality. This market will now ue kept regularly supplied with shipments from the South. Apparently the damage done to the potatoes in the South by blight this season was not so serious as it was nrst stated to be, and there seems no reason to doubt that there will be ample supplies available, during the coming winter. In the Halswcll-Ladbrooks district the yield of potatoes appears to be large, but a proportion was damaged by the recent irost. Locally grown potatoes are now getting exhausted, and the quality is not Si', c c S ° *P od aB UWM earlier in the I, n "iin? uyers theref °re are prepared to pay a little more for Southern potatoes. ONIONS. Prices continue firm for onions. In the South high figures are now asked for Canterbury onions. This i s due to th e crop there bcinß reported as patchy this season In some districts the yield was good, and n others bnd. Merchants In the South have been buying back onions sold to luckan h? P"" 11 ' 1 ?"*, at advanced prices r- rObnby this, is the outcome of speculative p, L' P n >? J or fonvai ? T silvery. Stocks of Pukeknhe grown onions are now about done Inquiry has get in from Canada for onions' and these orders will be filled h v imnortn! tions from the South. Under such circnnistnncps the chances are that onions will firm in price In the. near future.. MAIZE. The market for this grain -still continues very firm. With the advent of colder weather more maize is being used by poultry feeders, ns it has the added advantage Just now of being cheaper than fowl wheat No supplies can bo got from Ginborne at present prices, and stocks nt the Bay of Plenty are reported to he about exhausted The new crop of maize will not be. on the. mnrke-t much, before July, being Inter this'scasßn. MILLING WHEAT. The sharp rise in wheat In Chicago haw been followed by the usual drop in prlccH The markot for wheat in AttHtralln alwi tfliows n downward tendency. Tho remilt Ih (hat latest quotations for flour In Sydney were £14 15/ per ton f.0.b., as compared with £15 10/. the former figure. Wheat was quoted in Sydney at 6/0 a biiHhel. In Cliristehurch during the week sonic merchants purchased lines of milling wheat at sixpence per -bushel above the , prices fixed by millers. Millers, however, claim that they are securing, all the grain they -at present require at the prices fixed. There are large quantities of wheat threshed and stacked in paddocks awaiting the higher prices which are expected to rule later In the year. With the easing of the world's market for wheat. It is probable that some farmers in the. South may not deem It advisable to hold their grain for some months. In Otago the total-yield of wheat is not altogether up to early expectations, therefore the quantity'oTcrinc Is not large. : FOWL WHEAT. Ample supplies of fowl wheat , imported from Australia are still held in Auckland, and prices show no change. In Christchurch fowl wheat is reported n little easier In price at 6/11 f.o.b. for prompt delivery, and 7/1 for April, May, June delivery.

J . OATS. 1 The market for grade oats in the South ' is very firm. It Is difficult to understand '■ the present position in view of the Governi ment Statistician having estimated the ' yield this season at five million bushels, " whereas Inst year it was only about holf . that quantity. On the other hand it must ! be admitted that a lot of damage was done ! to grain crops in the South by wet weather • at harvest time. As a result good lines of ' A and B grade Gartons seem hard to secure. - The bulk of the Garton oats - offering in i Canterbury this season are neither A nor B 1 grade, because the grain having been . nffected by the rust, will not go the weight. ' Advices regarding the yield of oats in ! Southland are very contradictory. In some districts the yield is good, in others lisht, I and caternillars are reported to have done a lot of dnmnce. A report from Dnnedin ' states the. market has been ruled by "paper oats." A fair amount of gambling hae been 1 done in this grain, as it was expected there < would be a fairly heavy surplus this season. 1 The position has, however, been considerably . altered owing to the poor yield In Canter--1 bury, whore a good many ont paddocks are stated to have been burnt off, owing to the ■ presence of rust. GRASS AND CLOVER SEEDS. ; The market in the Soutli for : dogßtail seed hns firmed, owing to the r-rop being n small one this season in .Southland. Cocksfoot, is reported a little easipr in price in Cliristehurch. : Advice rpcardlrtij the potnto crop in Canterbury is to the offwt that the ewisen appears to have been bettor for growing tops, than for filling out the tubers. For tlint rensort it is fenrert a fnir proportion of the crop will he underdressed. It ie feared that frosts in Canterbury have nffected prejudicially the cow grass crop. This is the more to be regreted as indications were that the yield would have been a good one under normal conditions. Every indication points to eupplies of white clover seed being short this senson. Locally fair Inquiry is reported for crass and clover seeds. CHAFF. I This line seems likely to rule high in ; price during the coming winter. Blenheim fanners nre not willing to sell at the rates now offered, and latest reports from further South nre that the market is advancing, merchants there already asking higher I figures for lines for forward delivery. In ; Canterbury there is not much really good bright chaff offering on account of the lightness of oats. MANURES. Shipments of basic slag by the Remuera and Turakina were large, but the demand ■ for this fertilizer is very good. The next I shipment will not be to hand before May, although purchased for April delivery. FLAX. During the month of February 9420 bales of hemp were graded in New Zealand, as compared with 7277 bales for the same month last year. Auckland contribution to the total was 2008 bales. The tow graded nt the various ports was 2002 bales, an I increase of 1111 bales upon the quantity for February, 1024. ON 'CHANGE. A sudden jump took place In" the price of Kurunui shares at the third call yesterday. For the last few "days there have been buyers at tenpence, and yesterday afternoon, when a seller quoted 1/6, a line was at once snapped up, and one shilling was quoted by the buyers, but no further j sellers were disclosed under 2/6. New I Walotahi shares are wanted at fourpence. I but sellers asK nlnepence, a few pounds of ! picked stone having been secured during , the week. Waihi shares could be placed at 25/3, and Grand .Junction are inquired for at 1/1, but. there were no sellers at the third call yesterday. Kawarau shares are offered at 25/, bμt buyers will not advance beyond 23/, which Is a good figure for 1/ paid up shares. A number of transactions took place during the week in Bank of New Zealand shares, at 52/0, while "rights" sold at 31/2. Commercial • Bank preference issue could be now placed at £6 10/, but holders ask another 7/. Sales of New Zealand Insurance shares took place yesterday afternoon at 31/, while 41/ is still offered for standards. New Zealand Loan and Mercantile Agency preference stock sold yesterday at i' 79 10/, and there were further buyers at £78 as against £77 earlier in the day. The ordinary stock were inquired for at fO4, but sellers wanted £06 10/. Waipa Collieries are a little firmer, being now wanted at 22/-, with no quoted sellers Auckland Gas sold at 24/3, and Kaiapoi Woollen qrdi,nary shares were transferred at 13/. Buyers of fe. R. Eady shares advanced their offers yesterday afternoon from 23/ to 2-1/6 without sales resulting. Wilson Cemctit firmed to sales at 32/, at which rates more could have been placed. Taranaki Oil also hod sales at 32/6, while I. and O. deferred stock were offered at £290. War Loans and debentures showed little alteration this week. AUCKLAND STOCK SALES. The New Zealand Loan and Mercantile Agency Company, Limited, reports :— We held sales during the past week at Westfield and Warkworth, all classes of cattle selling at late quotations. Best dairy cows and heifers made £9 to £12 10/, others £5 10/ to £8 15/; aged cows and inferior heifers, £2 10/ to £o ; bulls, £2 10/ to £S 15/, according to weight and quality; empty cows £1 15/ to £2 17/6; heifers, suitable for dairy purposes, £2 10/ to £4 10/; yearling to 18-months heifers, £1 5/ to £2 7/6 ; yearling to 18-months steers, £2 5/ to £3 10/; 2 to 21-year steers, £3 15/ to £5 ; 3 to 3i-year steers. £5 5/ to £ 7/6 ; 4 to 4 j-year steers, £6 10/ to £7 10/; grown steers, in forward condition, £7 12/6 to £8 7/0; beef, at fully Westfield quotations. Alfred Buckland and Sons, Limited, report : — During the week we held sales at Westfield, Tuakau, Turua, Pokeno, ,and Runciman, and two clearing sales. There have been average yardlngs, and a good demand for all classes of cattle. Best dairy cows at clcarlng-eales made £12 10/ to £15 10/ ; good cows, £9 10/ to £12; second grade cows,'£6 10/ to £9; others, £2 to £6; best springing heifers, £!) 10/ to £12; good heifers, £G 10/ to £0; small heifers, £3 to £5 10/; empty young cows, £2 15/ to £4 ; store cows, £1 10/ to £2 10/; 3$ to 4i-ycar-old steers, £5 3 5/ to £7 10/; 2 to 3-year-old steers, £4 to £5 10/; yearlings to 2-year-old ; steers, £2 10/ to £4 ; good steer calves, £2 i 5/ to £2 12/; smaller, £1 15/ to £2 2/; ,; mixed sexes, £1 5/ to £1 15/; small and ! weedy calves, 10/ to £1 1/; fat steers, £8 i; 10/ to £12 5/; fat cows and heifers, £4 i ! 10/ to £10 10/ ; rough fat cows, £2 10/ to £4 ; 5/ ; heavy bulls, £5 5/ to £8 10/; small bulls, i l£3 10/ to £5; yearling to 18-month-old i fheifers, £1 15/ to £3 10/. FAT STOCK MARKET. i The New Zealand Loan and Mercantile ; Agency Company report:—At.Westfleld fat . stock market yesterday beef was penned in ' large numbers, selling under steady com- ] i petition at late quotations. Extra Choice ox made 32/ per 1001b; choice and prime I ox, from 26/ to 31/ p<* 1001b; plain and ; ordinary ox from 22/ to 25/ per 1001b; ! i prime young cow and heifer beef, from 25/ • to 29/ per 1001b; other cow beef, from 19/ i , to 24/ per 1001b; rough beef, from 12/ to .3 8/ per lOOlb; heavy prime iteers fold at I from £13 to £15 10/, ■ lighter. £t() 15/ i to £12 17/6J light, £9 to £10 10/; small - j and unfinished steers, £C 7/6 to £8 17/6; - extra heavy prime cows and heifers, £9 10/ I to £11; heavy prime cows and heifers, ! £7 12/6 to £9; lighter, £0 10/ to £7 10/; . i light, £5 to £6 7/6 ; other cows, £2 10/ to , £4 13/; bulls, £3 to £9 15/. Calves penned - : in average numbers. Prices were inclined - to he easier. Runners made from £3 P/ to 1 £4 7/6; heavy vealers, £3 8/ to £5 10/ for one specially fattened by F. Storey, of Ohlnewai: lighter vealers, £2 13/ to £3 3/ • light vealers, £1 19/ to £2 8/; smaller ! £1 to £1 16/ ; small and fresh-dropped, 3/ : to 18/; rough calves, £1 5/ to £1 \"i t .Sheep were penned in average numbers selt ling at late quotations. Heavy iirlme > wethers made from £1 18/9 to £2: mediiiM - £117/9 to £1 18/6; light, £1 16/3 to £1 , 17/fl; unfinished wethers, £1 13/ to £1 , 10/; heavy primei ewes, £l 14/ to £1 16/6; t medium, £1 12/ to £1 13/9; light, £1 10/ to £1 11/!»; unfinished ewes, £1 to £1 6/6 j LainbH were penned in average numbers I and Bold at late quotations. Heavy prime , made from £1 13/ to £1 15/ ■ medium . prime, £1 10/ to £1 12/6; light prime £1 , 7/ to £1 10/; unfinished, £1 2/ to £1 0/9 • V ,K , H , were I )D ? ned ln '"Kβ numbers, prices , declining On last week's quotations- Chon--1 DWHinadc £3 10/ to £4 7/0; heavy and s medium baconers, £3 0/ to £3 12/ • licht x bacoiieri) and heavy porkers, £y is/ to . £3 3/ j medium and light porkers, £2 6/ to t £2 1(5/; unfinished porkers, £1 13/ to £"> 1 Store pigs sold at late quotations. Largo t stores, £1 5/ to £1 10/;. slips, 18/ toll t 3/; weaners, 8/ to 16/. 1 Alfred Buckland and Sons, Ltd r»-----r port:—Yesterday at our weekly Westfiefd I fat stock market our supply of fat cattle j totalled 074 head, comprising 275 steers » I 386 cows and heifers and 13 bulls. There I 1 was a steady demand and no-alteration In' »• Values from last report. Extra choice 6x t sold at £1 12/. per 1001b; choice-and prime , ox, £1 9/ to £1 11/; ordinary and plain I ox, £1 0/ to £1 8/; prime young cow aad I heifer beef, £1 3/ to £1 7/; ordinary cow I beef, £1 to £1 2/ ; rough beef, 14/ to 19/ ; 1 : extra heavy prime steers ranged in price , from £14 to £15 17/6; heavy prime steere, - rfl2 to £13 13/J lighter prime steers, fio to r £11 17/6; light prime sreers. £8 5/ to £9 17/0; unfinished and email, £5 10/ to ' 1*8; extra heavy prime young cows and

heifers, • £8 to £10; heavy prime young cows and heifers, £6 10/ to £7 17/6; liKhter, £4 5/ to £0 5/; other cows, £1 10/ to £4 2/6; bulls, £2 to £9 5/. There was about an average yarding of sheep, which sold at late values. Extra heavy prime wethers made £1 10/ to £2 1/ ; heavy prime wethers, £1 17/ to £1 18/9; medium to heavy prime, £1 15/ to £1 16/6 ; light and unfinished wethers, £1 10/ to £1 14/6; extra heavy prime ewes, £1 13/ to £1 15/ ; heavy fat ewes, £1 9/ to £1 12/; lighter fat ewes, £1 5/6 to £1 8/3; other ewes, 17/ to £1 5/ (1323 sold). The lamb pens were fairly well filled. The demand was less keen and values easier. Kxtra heavy prime made £1 15/ to £1 18/9 ; heavy prime, £1 10/ to £1 14/; lighter prime, £1 6/ to £1 9/ ; light and unfinished, £1 1/ to £1 5/ ; stores, 17/ to £1 (485 sold). Fat and young calves were penned in large numbers values for all classes showing ' a decline on late quotations. Runners brought from £3 1/ to £4 2/; heavy vealers, £2 15/ to £4 10/; medium voalers, £2 5/ to £2 15/ ; light vealera, £1 10/ to £2 5/; small and f,resh-dropped, 3/ to 10/ (246 sold). There was a large yarding of pigs, good porkers and choppers remaining steady. Baconers sold at late rates, while small and unfinished were lower. Choppers sold up to £4; heavy, baconers from £3 10/ to £4 1/ ; light and medium, £3 3/ to £3 9/; heavy porkers, £2 8/ to £3: small and unfinished, £1 18/ to £2; stores, £1 12/; weaners, 5/ to 15/ (502 sold). Dalgety and Company, Ltd., report ac follows on the Wpatfipld gale Jresiwday :— Beef: A good yarding, prices remained practically unchanged. We quote: Extra choice ox, 32/ per 1001b: choice and prime, 29/ to 31/; other, 20/ to 28/; prime yonnjf cow and heifer beef sold from 24/ to 27/ ;

other, 18/ to 23/. Sheep were pennrd In average numbers. Heavy prime withers mide 38/6 to £2; meJlum prime, 85/ to 3S- ; light and unfinished, SJB-' to :s4/9; others, small, 26/ to 30/: bes* heavy prime ewes sold from 32/ to 34/ ; medium prime, 27/ to 31/ ; others, 18/ to 26/. LdUibe: A fair market, prices slightly easier. Heavy prime woolly made up to 33/6; medium prime, 28/ to 31/ ; beet shorn, 26/ to 28/ ; medium, 23/ to 25/6; store lnmbe made 18/, 20/, 22/. Pigs: The usual yarding came forward. Prices firm at late rates. Heavy baconers made £3 8/ to £3 16/; medium and light baconers. £3 to £3 7/; heavy porkers, £2 15/ to £2 19/; rnodlum, and light porkers, £2 5/ to £2 13/ ; othere, £1 15/ to £2 3/. Calvee: A goo.l yarding ■old at late rates. Runners made £3 to £4 5/6;' heavy and medium veaieri. i.'Z 15/ to £3 10/; light vealers, £1 15/ to £2 12/ ; others, £1 to £1 13/; email and freshdropped, 3/ to 18/. ADDINGTON. (By Telegraph.—Press Association.) cnniSTCnCRCH, Wednesday. There were again heavy yardlngu In all Classes of adult sheep and cattle at Adding- ° Store °Sheep.— One of the biggest entries of the season was forward. There was a sound sale throughout, large entries of ewes from the North Island and Nelson and local .heep selling at a shade firmer values. Forward lambs, 26/9 to 30/3 : ordinary. 23/6 to 26/; medium, 22/ to 23/; small, 10/6 to 2170; cull, 15/ to 10/: extra good twotoothed halfbred ewes, 40/6 to 51/6 ; good two-toothed halfbred, 44/ to 46/6; good two-tootbed Romney cross ewes, 40/ to 42/e: email. 36/ to 30/: eood four tlx. and

eight-tooth crossbred ewes, 38/6 to 41/; ordinary, 32/ to 38/ ; good four and five-year-old halfbml cwee, 38/ to 40/; low-con-ditioned, 20/ to 35/; failing-mouthed halfbred e»'«r, 26/ to 30/6; falling-mouthed crossbred ewes, 27/ to 30/0; aged ewes, 12/6 to 22/; four and six-toothed Romney cross wethers, 33/; inferior half bred wethers, 26/6 to 30/; three-quarter-bred two-toothed wethers, 24/6 to 28/9. Pat Lambs.—A small entry and an im? proved market by 1/ to 1/6 a head. Prime to 361b made 12Jd a lb, and other qualities according to schedule rates. Extra prime lambs, 44/; prime, 38/ to 41/; medium, 35/ to 37/6; light, 32/6 to 34/9; store, 26/ to 32/. .- Fat Sheep.—There was an average-sized yarding and an improved market, particularly for ewes, of which exporters bought freely. Extra prime wethers, 48/7; prime, 38/ to 42/ ; medium wethers, 35/ to 37/6 ; light, 31/ to 34/6; extra prime ewes, 43/7; prime, 33/6 to 37/6 ; medium, 29/6 to 33/; light, 26/ to 28/6; aged, 22/6 to 25/. Fat Cattle.—Another heavy yarding of over 500 head cows was in big over-eupply. Good beef eased ellghtly, cow beef by about 20/ a head. Best beef made 33/ to 36/ per 1001b, medium 31/ to 32/6, light 25/ to 30/, and rough down to 15/. Extra prime steoi'B, £16 12/e; prime, £13 10/ to £15 5/ ; medium, flO 15/ to £13 5/; light, £8 5/ to £10 10/ ; rough, £6; extra prime hetfers, £13 2/6; prime, £8 10/ to £10 10/ ; ordinary, £4 to £S ; extra prime cows, £12 10/ ; prime, £7 15/ to *10; ordinary, £4 15/ to £7 10/; aged, £3 to £4 10/. Vealers.—Runners, to £3 ; good vealere, £2 10/ to £4 5/: good calves, £1 5/ to £2 5/. Store Cattle.—A nondescript entry". A pen of five-year steers made £7 12/ a head. Dairy Cattle. —Cows at drop sold well. Best second to fourth calvcra. £10 to £14

15/: medium, £6 to £9 10/: beet heifers, £8 to £12; medium, £5 10/ to £7 10/ ; old cows, 30/ to £3 .10/. Fat Pigs.—A good sale. Choppers, to £6 13/6; baconers, £3 15/ to £5 (aTerage per lb 6jd to 7id) ; light porkers, £2 10/ to £2 17/6; heavy porkers, £3 to £3 7/ (average per lb, 7Jd to Bid). Store I'igß.—-There was a medium entry. Large stores were easier, other classes firmer. Weacers, 13/6 to 22/6; small stores, 25/ to 33/; medium, 35/ to 40/; large stores, 49/; bows in pig, £3 10/ to £4 10/. . ;.,- ■•