COMMERCIAL

Greymouth Evening Star, 29 August 1929, Page 9

COMMERCIAL

ADDINGTON MARKET

(Per Press Association.)

CHRISTCHURCH, Aug. 28

Addington market entries were up to normal in all sections of stock, except fat cattle. For the latter there was an improved demand, but fat and store sheep were easier. Store Sheep: The store sheep entry was about the same as at last week, and included the usual proportion of ewes. The quality was indifferent and all sorts met with a very draggingsale. Wethers declined about 1/6 to 2/- a head on last week’s, and ewes also were definitely easier though not to the same extent. Values were: Ordinary full mouthed halfbred ewes to 27/-, failing mouthed half bred ewes to 18/-, ordinary half-bred ewes and lambs to 17/5, good 4,6, and 8-toothed crossbred ewes to 32/6, two and four toothed Corriedale ewes 31/- to 32/6, full and failing mouthed Corriedale ewes to 23/-, extra good half-bred wethers 29/- to 30/9, medium half-bred wethers to 25/-, ordinary half-bred wethers 21/- to 22/-, Corriedale wethers to 26/9, extra good half-bred ewe hoggets to 32/6, ordinary half-bred wether hoggets to 18/3, good Corriedale ewe hoggets 27/- to 28/6, ordinary Corriedale ewe hoggets to 23/-. Fat Sheep: The yarding of fat sheep was again heavy. There was more than the usual proportion of light sheep forward, though there was also a fair sprinkling of prime lots. As a result of the big entry, the tone of the market was weaker and values eased by about a 1/- a head for the better class sheep and 1/6 for the plainer sorts. Extra heavy prime wethers to 51/-, heavy prime wethers 41/- to 44/-, medium prime wethers 34/- to 40/-, medium quality wethers 30/- to 33/-, light wethers 23/6 to 28/-, extra prime ewes to 43/6, heavy prime ewes 34/- to 38/-, medium prime ewes 30/- to 33/6, ordinary ewes 25/6 to 29/- light ewes 19/- to 24/-, medium hoggets 23/6 to 26/10, inferior hoggets 21/- to 23/-. Fat Cattle:'The offering of fat cattle comprised 390 head and was much smaller than at last week. It included lines from the North Island, West Coast and South Canterbury. The proportion of well-finished cattle was heavier than usual and the sale throughout was keen, values showing a rise of from 15/- to 20/- a head. Prices were the best of the season. Values per 100 lbs. werei Good medium weight prime beef 49/- to 52/6, in cases up to 55/-, medium quality 44/- to 48/-, heavy 44/- to 47/-, good cow 42/6 to 46/-, medium 37/6 t'o 41/-, and rough heavy down to 34/-; extra heavy prime steers to £25/7/6, heavy prime steers £2l to £23/10/-, medium weight prime steers £lB/10/- to £2l/ 10/-, medium quality steers £l4/10/to £lB, light steers £ll/10/- to £l4, extra prime heifers to £l7/12/6, prime heifers £l4/10/- to £l6, ordinary heifers £l2 to £l4/5/-, light heifers £9/5/- to £ll/15/-, extra prime cows to £l7/17/6, prime cows £l4/5/- to £l5/5/-, medium cows £ll/10/- to £l4, light and aged cows £7/10/- to £ll.

Vealers: The entry of vealers was small, and quality generally was poor. The sale was good and prices were about the same as last week’s, top prices being £lO/10/-. Store Cattle: There was a medium entry of store cattle which met with a keen demand.'Young cattle particularly were wanted. A line of 3 year good coloured steers sold at £l2/12/6 and yearling heifers at £5. Dairy Cattle: The entry in this section was smaller than at last week, and in spite of moderate showing of quality the market was a shade better than at last week. Best second to fourth calvers made from £l2/10/- to £ 14, others from £ 5 to £ 12, and heifers from £7 to £l5. Fat Pigs: There was a moderate entry of baconers and pbrkers and all sorts met with a good demand, values being a shade firmer than at the previous week. Bacon made from 6d to 7d a lb., and pork from 8d to 9d. Store Pigs: The entry of store pigs was heavy, but a good demand was experienced throughout the sale and prices remained firm at last week’s rates. Weaners made from 12/- to 24/and stores up to 40/-. KEMPTHORNE PROSSER COY. DUNEDIN, August 28. At a meeting of the Board of Directors of Messrs. Kempthorne, Prosser and Co., New Zealand Drug Coy., Ltd., held this afternoon an interim dividend of 4£ per cent, for the half-year, ended July 31, was declared. . STOCKS AND SHARES. (WELLINGTON, August 29. Sales reported: 4J>- per cent bonds, 1938, £lOO ; N.Z. Guarantee Corp. ord. 9/7, Christchurdh Gas con. 13/3, National Insurance 16/7, Westport Coal 33/9. Call. N.Z. Breweries bonds 28/3. DUNEDIN, August 29.

Sales reported P. and O. deferred stock 56/6; Otago Daily Times 73/-. AUCKLAND, August 29.

Sales: Pukemiro Collieries 74/9; National Bank Australasia £l9/15/-; Taupiri Coal 29/-; Rights 6/-; N.Z. Refrigerating Con. 6/6; Breweries 85/-; War Loan 41, 1938, £lOO/10/-; 1939 £lOO/5/-. Reported: Farmers’ auctioneering B Pref. 17/6; Waihi 12/7.