COMMERCIAL

Greymouth Evening Star, 24 July 1930, Page 9

COMMERCIAL

ADDINGTON MARKET.

FAT CATTLE DEARER.

[per press association.]

CHRISTCHURCH, July 23

The principal feature of the weekly Metropolitan market at Addington to-day was an advance in fat cattle values. The entry was again fairly heavy, and included over one hundred head of steers from the North Island. The early stage of the auction saw values as much as £l/10/a head above the previous week’s sales, while on an average over the whole sale the increase was up to £1 a head for all classes. The fat lamb entry was very small as is only to be expected at this season of the year, but those penned sold very firmly at late rates. The store sheep entry was also small, and comprised in the main of unattractive sorts. The basis of values ruling at recent sales was maintained. Ewes, near to lambing, were wanted, and their sale was good. The sale for fat sheep was steady, although there was an easier tone in evidence throughout. Store sheep: A small entry consisting in the main of unattractive sorts. The range of prices was: Ordinary ewe hoggets to 9/6, ordinary wether hoggets 8/7 to 11/6, good 2,4, and 6-tooth crossbred ewes 28/-, good 2,4, and 6-tooth halfbred ewes 22/3 to 24/3, good s.m. halfbred ewes to 17/9, ordinary s.m. halfbred ewes 13/to 14/3, aged ewes 2/3 to 7/9, ordinary 6-tooth threequarter bred wethers to 16/7, ordinary 2-tooth halfbred wethers 12/- to 13/3. Fat lambs: An entry of 274 head, which sold firmly at late rates. The top price was 33/4. Fat sheep: An entry of 4700 head, as compared with 5200 head last week. The sale was steady throughout, but there was an easier tone apparent, especially in the sale for lightest sorts. Values were: Extra prime wethers to 34/10, prime wethers 26/- to 29/-, medium wethers 22/to 25/-, light wethers 17/- to 21/-, maiden ewes to 30/-, ex prime ewes to 34/-, prime ewes 19/- to 21/6, medium ewes 15/- to 18/-, light ewes 12/- to 14/6, aged ewes 9/- to 11/6. Fat cattle: An entry of 420 head. Best handy weight steers and heifer beef made from 39/6 to 43/- per lOOlbs, and early i nthe sale, a few pens made little above that . figure. Best heavyweight steer beef from 36/- to 38/6, medium quality from 33/to 35/6, best cow beef to 38/-, good cow beef from 33/- to 36/-, secondary to 31/-, and rough down to 23/6 per lOOlbs. Values were: Prime heavy steers £l7/5/-- to £l9/12/6, prime medium weight steers £l3/10/- to £l7/, medium quality steers £lO/10/to £l3, light steers £8 to £lO, ex prime heifers to £l6/17/6, prime heifers £ll to £l3/10/-, medium heifers £B/10/- to £lO/10/-, light heifers £6/10/- to £B, ex prime cows to £l4/7/6, prime cows £lO/10/- to £l3, medium cows £8 to £lO, light and aged £5 10/- to £7 10/-. Vealers: A medium entry which met with satisfactory sale at late rates. Values were: Best runners to £7/13/6, medium runners £4/10/- to £6/10/-, others £2/10/- to £4, good calves to 50/-, medium calves 35/- to 45/-, others 4/6 to 30/-. ■ Store cattle: A small entry, and prices remained unchanged, except for good grazing sorts, which met with keen competition, and showed a slight improvement. Generally, the quality of the carding was very poor. Good fresh cows made up to £5/5/-, 18 months to two-year-old steers .to £5, yearling calves to 35/-. Potting bulls -were unattractive, the top price being £5.

Dairy cattle: The entry of dairy cattle totalled 50 head. The quality was generally fairly good. Competition throughout was keen and prices showed a slight easing. Good second and third calvers £l2 to £l3, medium second and third calvers £9 to £ll, backward and inferior £4 to £B, good heifers £ll to £l2/10/-, medium £8 to £lO, others £5 to £7.

Fat pigs: There was a much larger yarding of porkers forward in the fat pig pens totalling about 500 head. The market opened with a firm demand, which was maintained throughout at prices slightly lower than recent rates. Values were: Porkers 48/6 to 58/6, heavy porkers £3 to £3/11/6, average price per lb 9d to 9Jd, choppers £4 to £9/1/-, baconers £3/14/6 to £4/16/6, heavy baconers £4/18/6 to £5/9/6, average price per lb 71d to BAd. Store pigs: An extra, large yarding, all sorts being represented. Throughout, the sale was brisk at late rates. Medium shores 30/- to 34/6, small stores 26/- Io 29/-, slips 20/- to 25/6, weaners 18/6 to 2-1/6, inferiors, weaners 8/6 to 14/6, sows in pig £3 to £6/2/6. MAHAKIPAWA GOLDFIELDS. CHRISTCHURCH, July 24. Shareholders of the Mahakipawa Goldfields Ltd. agreed, last evening, to a further adjournment for twenty days, so that an effort could be made to raise the remaining £2500 of the £4OOO required to place the mine on a working basis. Between sixty and seventy shareholders were present.

STOCKS AND SHARES

AUCKLAND. July 24

Sale: National Bank of New Zea land £5/16/-. Reported: Commcr cial Bank 20/11.