COMMERCIAL

Greymouth Evening Star, 23 March 1922, Page 7

COMMERCIAL

ADDINGTON MARKET. (Special to the Star.) CHRISTCHURCH, March 22. Messrs Dalgety and Co., report as follows on the Addington market; — A very large entry, and the saltf> was not completed until dark. There was a very large entry of fat cattle, numbering over 440 head, a few pens of the primest. steers at the beginning of the sale reaching last week’s prices. All others, owing to the big entry were down £1 a head. Best steers to £l6. prime £9 AOs to £14 r medium £7 to £B, light £5 to £6 15s/ Prime cows £5 to £7 15s, others £2 15s to £4 Fat Sheep.—Prices were firm, with a rise all round of 1/- on last weelPs values. Fat lambs wore selling in the vicinity of over all, with a keen demand. Store Sheep.—An overflowing market, with a. keen enquiry all through. There was a good entry of store cattle, but a dull sale, very few lines changing hands. Best dairy heifers and cows mot with a keen enquiry. The National Mortgage Co., report : — At the Addington sale to-day there was a large attendance of the public. With the exception of fat lambs, there was a full yarding in all sections. Owing to over-supply of beef prices receded on last week's sale, only prime quality being sought after. Others were neglected. Prime quality made about 30/- per hundred. .Prime heifer and cow beef was easier. There was a small entry of fat lambs, exporters operating on a basis of Extra prime lots made 8d per lb. A full yarding of fat sheep was present and values were well maintained especially for ewes. Exporters were buying freely and cveiything was sold. There was a very heavy yarding oi store sheep, principally bredina ewes, which met with a good sale. The demand was unsatisfied. Forward rape lambs sold well and some good lines of station wethers met with keen competition. The sale is still in progress. Matson and Co.’s report:—Store Sheep. —The largest yarding of the season and all classes of sheep sold well. Best sound-mouth owes from 18/- to 23/-, others from 13/- to 16/6. Best wethers from 14/- to 17/-. Best rape lambs from 14/- to ]5/-, others firm. Store sheep 10/- to 12,'• In our opinion the market throughout was firmer. Store Cattle.—A larger entry than during the last few weeks and mostly good sorts. The demand generally was good. Three year old steers to £6 7s 6d, two year ditto £3 15s to £4 ss, yearlings 30/1 to 33/6. Yearling heifers 30/- to 45/-. Good fresh cows 40/- to 55/-, others 15/- to 30/-. g ee f. —An overflow entry and far too many for butchers’ requirements. Some really excellent quTffity was offered, but all classes opened easier than last week especially for medium and inferior sorts, and towards the finish sales were more hard to make and several, lots were passed at auction. Prime steers £9 10s to £l4, extra to £l6, medium £7 5s to £9 15s. Prime heifers £5 to £8 extra to £9 12s 6d, others £3 5s to £5. Primo cows £5 to £7 15s, others £2 15s to £4 15s. Mutton.—A fair yarding, mostly ewes. The market generally was firm at last week’s rates. No really quotable alteration occurred except for heavy ewes, which wore perhaps slightly easier. Freezing buyers were operating keenly for light and medium ewes. Prime wethers 20/- to 25/-, extra to 31/3, medium 17/- to 19/6. Prime ewes 14/- to 17/-, extra to 21/3, others 10/6 to 13/- . Lambs were considerably firmer, making about 7|d per IT> over all. DUNEDIN ’CHANGE. DUNEDIN, March 22. To-day’s sales on the stock exchange included: Bank of New Zealand shares 48/6 to 48/9; sale reported, Bank of New Zealand 48/6. SYDNEY WOOL SALES. (Australian and N.Z. Cable Association.) SYDNEY, March 22. Good clearances were effected at the wool sales at highly satisfactory prices. Bradford and Yorkshire buyers were active, and Japaneses and German buyers were quiet.