COMMERCIAL

Gisborne Herald, Volume LXVII, Issue 20275, 17 June 1940, Page 12

COMMERCIAL

STORE CATTLE FIRM SALE IN MORRINSVILLE The Farmers’ Co-operative Auctioneering Company, Limited, reports that at the Morrinsville stock sale on Friday store cattle from Wairarapa and southern districts came forward in good order and included many pens of good quality Polled Angus and Hereford bullocks. There was a large attendance of buyers, with spirited bidding throughout, a total clearance being effected at satisfactory prices. Forward conditioned Polled Angus steers sold from £8 18s to £9; 4-year Shorthorn steers, £7 18s to £8 7s; 3vear Polled Angus steers, £8 Is to £8 16s; lesser conditioned, £7 2s to £7 10s; 3-year Hereford steers, £7 2s to £8; 2-year Polled Angus steers, £5 10s to £0 10s; smaller, £4 10s to £5 7s; small 2-year Hereford steers, £4 3s to £4 6s; 2-year Hereford heifers, £4 14s, empty P.A. cows, £2 19s to £5 2s; mixed coloured steers, £4 15s to £5 17s. WHEAT AND WOOL PRODUCERS’ PROSPECTS (Reed. June 17, 10.30 a.m.) LONDON, June 16. While rubber and tin prices are at extraordinary heights, wheat and wool offer painful prospects for producers selling in the open markets. Britain, France, Spain and Portugal are apparently the cnly European countries capable of maintaining imports from overseas. AUSTRALIAN EXCHANGES t . (Mine. T«l. Copyright—United Press Assn,) SYDNEY, June 14. The Sydney share market to-day was subdued as a result of the disquieting war events. Sales included: —British Tobacco, £2 Is; Anthony Hordern, 10s 4d; Colonial Sugar, £45 ss; Woolworths, Limited, 15s 3d; W. R. Carpenter, £1 IGs; Mount Lyell, £1 2s 9d. Morning sales included: Commonwealth Bonds, 4 per cent, 1940, £IOO Is 3d; 4 per cent, 1961, £108; Commercial Banking Company of Sydney, £l7 ss;-Bank of New South Wales, £25; Tooheys, 24s lid; Tooths, 44s 3d; Associated News, 31s Gd ; Broken Hill Proprietary, 40s. Sales on the Melbourne Stock Exchange to-day included: G. J. Coles, £2 lGs; Loloma Mines, £1 2s 9d; Emperor Mines, 10s 2d.