COMMERCIAL

Greymouth Evening Star, 5 December 1929, Page 8

COMMERCIAL

ADDINGTON MARKET. (Per Press Association.) CHRISTCHURCH, December 4. At the weekly metropolitan market at Addington to-day both beef and mutton prices showed increases on those of last week’s sale. There was a large entry of fat cattle but in the fat sheep section there was a short supply, the smallest for some time. Fat z lamb values firmed on recent rates, but the fat pig prices showed no alteration. * b

Store sheep: An average yarding with wethers in good supply. The market was much firmer for all classes. Wethers improved by .1/6 to 2/a head. Values w.ere : Good four and six tooth Romney wethers 25/6 to 27/-, medium four and six tooth Romney wethers to 25/6, good four and six tooth half bred wethers to 25/6, ordinary half bred wethers to 20/5, backward half bred wethers to 15/-, good half bred ewe hoggets (woolly) to 29/5, medium Corriedale ewe hoggets (woolly) to 20/-, half bred wether ewe hoggets (woolly) to 20/11, half bred wether ewe hoggets 15/7 to 18/2, small wether hoggets to 14/-, sound mouthed ewes with lambs (woolly) 15/10 to 17/-, good 2 and 4 tooth half bred ewes to 25/9, merino wethers (woolly) 7/- to 11/5. Fat lambs: A total of 511 entered ; much smaller than at recent sales. The market was firmer by up to 1/6 a head. Over a keen sale, the average price per lb was 9d to Fat sheep: A small entry; only about 2500 head. A very firm sale through the short supply, and prices for all classes increased on late rates by up to 2/- a head. Extra prime shorn wethers to 37/7, prime wethers 32/- to 34/6, medium wethers 27/6 to 31/6, light wethers 22/6 to 27/-, extra prime shorn ewes 30/6 to 33/1, prime ewes 25/- to 29/6, ordinary ewes 22/to 24/6, light ewes 19/- to 21/6, woolly wethers to 38/7, best woolly ewes to 39/10. Fat cattle: A total entry of 440 head, with no “outside” cattle. Prices improved on those of last week’s sale by up to £1 a head for all claisses, especially the primer sorts. Best medium weight prime beef made from 46/- to 48/- per lOOlbs., good medium weight prime beef from 42/- to 45/-, heavy steer beef from 41/- to 44/-, good cow beef to 42/-, secondary 34/to 37/-, light and rough to 33/-. Show steers to £22 17/6, heavy prime steers £lB 10/- to £2l 10/-, medium weight prime steers £l7 15/- to £l9, ordinary steers £l4 to £l7 5/-, light steers £ll to £l3, extra prime heifers to £l7 2/6, prime heifers £l4 15/- to £l6 5/-, ordinary heifers £l3 to £l4 10/-, light heifers £7 10/- to £l2, extra prime cows to £lB 7/6, prime cows £l4 to £l6 10/-, medium cows £l2 5/- to £l4 5/-, light and aged £8 to £l2. Vealers : A small entry ”• with a few small calves forward. Good sale with little quotable change in recent values. The top price was £7 10/-. Good vealers made from £4 to £5, best calves 45/to 60/-, others 10/- to 30/-. Store cattle: A larger entry than usual met with keen competition. Prices were on a par with recent rates ; two-year-old steers made £8 5/-, best fresh cows up to £8 5/-, 18 month heifers £5 19/6 to £6 16/-, and yearling steers £5 13/6 to £B. Bulls were in good demand at prices up to £7 13/6. Dairy- cattle: A small yarding of average quality prices were much the same as those ruling last week. Best values second and third calvers to £l3 10/-, others £8 to £l2 10/-, good heifers £ll to £l2 10/-, others £7 to £lO 10/-.

Fat pigs: A large entry met with an irregular sale. Both porkeiis and baconers sold on a par with last week’s prices. Porkers eased towards the close of the sale. Choppers 30/- to £6 6/-, baconers £4 5/- to £4 16/6, average price per lb to porkers 42/- to 63/-, average price pfer 'lb 7-gd to Bgd. Store, pigs : A medium entry and prices showed a decline of up to ( 4/on last week’s sale. Stores 28/- to 42/-, slips 22/-, to 24/6, weaners 10/to 21/6.

NATIONAL BANK. WELLINGTON, December 4. The General Managei’ of the National Bank of New Zealand, Ltd., has received a cable message from London advising that the Board' of Directors has declared an interim dividend of 12 per cent, per annum foi* the half year ended September 30 last. Tills is the same dividend as for the corresponding period of last year, and it will be paid in the Dominion on January 4. STOCKS AND SHARES. <l DUNEDIN, December 5. . Sale reported: Mount Lyell 41/-. AUCKLAND, December 5. Sales: Commercial Bank 26/-. Reported : Waihi 13/9, Farmers’ Fertiliser 22/6, River Plate 31/3. SYDNEY WOOL SALES. SYDNEY, December 4. At to-day’s wool sales, 9709 bales were sold. The marekt was very firm, with good general competition. Greasy merino made 35d. The final auctions begin on December 16.

' A.M.P. SOCIETY. Success and satisfaction in life are obtained by seizing opportunities whilst they are open. In that connection it is interesting to note from an announcement made by the A.M.P. Society elsewhere in this issue, that all those who effect participating policies in the Ordinary. Department before 31st December, will be entitled to share in the distribution of bonuses for the year 1929. The cash amount divided between policy-holders in the Society’s Ordinary Department for the previous year reached the huge record total of over £3,000,000 sterling, representing Reversionary additions of over £5,000,000 to the sums actually assured under the policies then in force. This record cash distribution represented a return of over 58 per cent, of the premiums for the year on participating policies. Altogether, since its establishment 80 years ago, the Society has distributed over £44,000,000 sterling in cash bonuses, and has paid away to its members or their representatives, no less a sum than over £88,800,000. The offer made by the “A.M.P.” is one which Will doubtless be availed of by many who'are not as yet assured, as well as by many others who are not assured sufficiently to cover present day needs.. Prompt application for policies should, be made to ensure participation in the surplus for the current year.