COMMERCIAL

Greymouth Evening Star, 28 July 1932, Page 8

COMMERCIAL

ADDINGTON MARKET. FAT STOCK FORWARD. [per press association.] CHRISTCHURCH, July 27. TJie feature of Addington market was heavy consignments from North Island, Otago and West Coast, in the rat cattle section and the heavy supply of fat sheep constituting a record, including drafts from Otago and Southland.

Store sheep'. A mixed entry with useful ewes sought. There was little life in the market, but prices maintained late rates. Values were: Medium 4 and 6 tooth halfbred to 12/-, ordinary 2 tooth three-quarter bred to 13/-, good s.m. halfbred to 12/1, ordinary s.m. halfbred 9/4 to 9/6, s. and f.m. to 6/-, medium wether lambs 7/7 to 8/-. Fat lambs: An entry of 2400 head, including many good quality butchers’ sorts. Prices were back 1/- head, and medium lambs back 3/- head on late rates. Values were: Extra prime lambs to 18/7, prime 13/- to 16/6, medium 9/- to 12/6, light 6/6 to 8/6. Fat cattle: An entry of 460 head, included 122 head from the North Island about 50 from West Coast and Southland. Very erratic sale, but market for really prime beef was better than at the preceding week’s market. Sixty head North Island steers averaged £ll 10/-, heifers and cows from Gisborne £8 and £7 respectively. Best beef made up to 27/6 per 1001bs., good 22/- to 25/6, heavy to 23/- secondary 17/6 to 20/-, inferior 15/- to 17/6, rough down to 13/-. Values were: Extra prime heavy steers to £l2 17/-, prime heavy £9 to £ll 10/-, prime medium weight £7 5/- to £9, medium quality £5 5/- to £5 15/-, light to £5, extra prime heifers to £lO 7/6, prime £7 to £8 10/-, medium £5 to £6 10/-, light to £4 15/-, extra prime cows to £9 17/6, prime £6 5/- to £7 15/-, medium £4 to £6, light'to £3 10/-. Fat sheep: Entry of 8200. Steady demand was maintained, rates showing a decline of 1/- to 2/- a head for ewes and 2/- a head for wethers. Values were: Extra prime heavy wethers to 17/10. prime heavy 15/6 to 17/-, prime medium weight 13/6 to 15/-, ordinary 11/- to 13/-, light 8/6 to 10/-, extra prime heavy ewes to 15/7, prime heavy 11/- to 1,3/6, prime mediumweight 9/- to 10/6, ordinary 5/6 to 8/6, light 3/- to 5/-. Fat pigs: Medium entry and demand fair. Late rates maintained. Choppers £2 10/- to £5 6/-, baconers 47/6 to 54/6, heavy £3 to £3 8/-, extra heavy to £3 16/6, average price a lb, 4Jd to sd. Porkers 24/6 to 32/6, heavy 36/6 to 40/6, average price per lb sfd to 6£d.

STOCKS AND SHARES.

AUCKLAND, July 28.

Sales: Farmers’ Fertiliser 13/-, Ne-vs Zealand Insurance 40/3, Bank of New Zealand 46/9. DUNEDIN, July 28. Sale reported: Okarito 8/10, METALS MARKET. LONDON, July‘26. Copper: Standard £25 1-16 per ton and £24 19-32; electrolytic, £27J and £2B; wire bars, £2B; lead, £9 5-8 and £9§; spelter, £ll| and £ll 13-16; tin, £125 22-32 and £127 3-8; silver, 17 l-8d and 181 d per ounce. WHEAT MARKETS. WINNIPEG, July 27. The grain market surged upward again to-day, as the result of heavy crop export, and reports of short covering in July futures and unfavourable crop news. Wheat futures finished 2| to li cents above Tuesday’s closing rates.

NEW YORK, July 27. Chicago "wheat: July 50 cents, Sep. tember 513, December 542.