COMMERCIAL.

Gisborne Times, Volume LXVIII, Issue 10734, 3 November 1928, Page 2

COMMERCIAL.

LOCAL -PRODUCE. MARKET. ACTIVITY IiToRASS' SEED. ■ MAIZE STILL QUIET/ ‘ Fairly, quiet times.,’have -Been Experienced on the local produce market during the past week. .. . Grass seed, however, is maintaining tho activity which it has shown during the past few weeks, and good business in this lino is reported. The farmers are putting in seed early this season and, in consequence, merchants are finding the demand good. Maize continues very quiet and sales are being made at 5s 7d on the Auckland wharf, which is equal to about 5s f.0.b., is.i. Gisborne. A Cartons ar© rather firmer and sales are being made at 4s Id in the south. Potatoes are m very short compass, and South Island merchants consider that there are only sufficient supplies fpr that island, lot alone for export north. • Super-phosphate orders continue to come in, for" small quantities, from farmers all over the district. MATAWHERO SALE BRISKER SALE FOR, FAT AND STORE SHEEP After two weeks interval, the Matawhero stock sale was resumed yesterday in unfavorable weather. There was an entry of 300 fat sheep and 800 store .sheep, and a good attendance of the public. The sale was somewhat brisker than recent sales for both fats and stores. Store sheep.—A few ewes with 200 per cent, of lamb si made to LI IDs 9d, and average ewes with good lambs to £1 16s 4d. Empty ewes in good order brought £1 2s and £1 U» 3d, while shorn, empty ewes realised 17s and 17s 9d. Good shorn tvyo-'oolh Wethers made £1 3s 7d and £1 4s Id. Other prices were: 33 ewes with 33 lambs £1 11s 7d; 50 eves and 50 lambs £1 14s • 31 ewes with 50 lambs, in good order, £1 16s 4d; 34 ewes and 17 lambs, all good, £1 16s 3d; 10 good ewesi with 12 small lambs £1 13s; 7 ewes and 14 lambs. £1 19s 9d: 16 ewes with 17 lambs £1 13s 7d ; 22 ewes and 22 lambs, _£l 10s 6d; 24 fairly good ewes with IS lambs, £1 12s; 60 good-conditioned ewes £1 2s; 40 shorn ewes, m good order, 17s ; 9 ewes, 17s ; 18 shorn ewes, 17s 9d; 12 ewes, shorn and plain, 12s 2d; 15 splendidly-condit-ioned ewes, £1 0s 3d; 27 2-th wethers, shorn, £1 4s Id; 41 do.. £1 3s 7d. Hoggets: Well-grown and good conditioned hoggets made £1 7s 4d; and good, mediumAize hoggets £1 Is Id and £1 0s 6d. Other prices were: 137 hoggets, good medium size, £1 Is Id; 162 well-grown hoggets, good condition, _£l 7s 4d; 26 good hoggets, a medium lot, £1 Os Pd; 13 fair-conditioned hoggets 18s 7d.

Fat slieep.—Verj prime ewes made £1 8s 6d while others went to £1 7s and £1 ss. Shorn ewes realised 17s 3d and 18s 6cl, Second-grade ewes sold for £1 3s 7d for woollies, while shorn ewes made 15s 6d. Some of the prices were: One ewe’£l ss; 10 do. £1 os; 40 do. £1 7s; 27 do. shorn, 18s 6d; 27 do, LBs 6d;.. 12 ewes £1 7a; IS do. £1 7s; 13 do’ £1 4s; 3 wethers (p) £1 13s; 14 ewes very prime, £1 8s 6d; 14 do. £1 8s 6d; 23 shorn ewes, heavy (p) 17s 3d; 13 ewes (p) ].7s 4di; 24 ewes, £1 os 8d; 7 ewes, shorn, 18s 2d ; 24 ewes, £1 6s 2d; 10 do.. £1 os 6d. Second-grade: 5 owes, shorn, 16s 6d; 7 ewe-s, £1 Is 3d; 4 do., £1 2s Id; 3 do., £1 3s 7d. Fat cattle.—The entry in this section was only ordinary, and there was little competition. Prices: 1 cow, brindle, £4 10s; 2 cows, Jersey cross (6) £5 ; 1 cow, Jersey, £6. FEILDING SALE. (frees Association-} FEILDING, -Nov. 2. Owing to the heavy rain and the Royal Show, the entries were small tor the stock sale. Fan sheep met with a dragging sale, butchers having filled up the previous week. Fat slice;): Shorn ewes 24s 6cl; shorn wet lien's 32s 3d. 32s 6d. No store sheep were sold. Fat rattle sold at late rates. Vealer? sold at £3 12s 6d. £2; cows £8 5s £8 10s, £l3; Aillocks £ls IQs. Store s-f.eers made £8 and £9; dairy lieifers in miilt £8 10s jspringing cows £ll 15s; other cows £5 17s.

OPOTIKI LIVE STOCK MARKET

(Spec:al To The Times). OPOTIKI, Nov. 2,

The New Zealand L. and M. Co. Ltd., report as follows on the monthly stock sale held yesterday: “We had a full yarding of cattle and one small pen of hoggets to offer to a good attendance of buyers Prices realised showed an increase oil bite rates. A large entry of forward cows met with competition. We report a total clearance, at the following prices: Yearling stem’s £4 8s to £6 13s ; 2-year steers £6 8s to £8; 3-yeoi steers ‘.£7 15s to £9; empty 2-year heifers' £4 19s to £5 11s ; store cows £3 11s to £4 2s: forward cows £6_2s to £7 17s; fat cows £7 18s to £S os; yearling Jersey-cross he?fers £3 5s to £3 17s -6d; working bullocks £l2; yearling Jersey bulls £5 os to £8; 2-year Jersey to ; £8 ss; Shorthorn to £8 11s ; m.s. hoggets £l,Bs 9d ; weaner pigs 17s Gd. Dalgety and Co., Ltd., report: ‘ 'Vo had a. full yarding of cattle. There was a good attendance of buyers, and everything sold under keen competition * although prices for both fat and store stock were slightly easier than at the previous sale. We quote: Fat cows front £6 to £8 os; fresh conditioned cows front £3 10s to £5 los; store cows 30s to £3; yearling steers £4 to £6 5s ; 2-year steers £6 10s to £7 15s; 3-and 4-year bullocks, store conditioned, £lO 10s; bulls from £4 to £8 10s; Jersey bulls up to £ls Ills; springing dairy cows £7 10s; backward heifers- £4 to £6; weane-r pigs up to 18s; porkers up to 355. LONDON PRODUCE MARKETS. Unk«d Press Assn." by El. Tel. CoDyrlpbi (Australian p ress Association.) (Received Nov. 2. 7,0 p.m.) LONDON, Nov. 1. The butter market showed an improved demand. Danish is quoted at 198 s, choicest- salted New Zerte’-d 174 s to 180 s, Australian 164 s to 168 s, exceptionally 170 s, unsalted scarce, New Zealand 186 S to 190 s, Australian 182 s to 184 s. 4 ’ The cheese market' is easier. New Zealand is quoted at 105 s to 108 s, Australian 104 s. „ Australian egsrs sold at 17s Gd to 18s Gd, and a few to ISs 9d. f STOCK AND ; SHARE MARKET (Press Association.- • AUCKLAND, Nov. 2.' Sales on Change: Wilson’s-Cement 40s: Auckland Gas- 22s lid, 23s Id : Commercial Bank, 30s "War Loan 44 per cent., 1938, £99. 10s. Reportfed sales: New Zealand Refrigerating Co. (con.) •9s 2d; i Mt. Lvell 36a fid; British Tobacco) 445; New Zealand Insurance,-46s 3d; Bank of New South Wales. ,£sl 15s. WELLINGTON,;- Nov. ‘2, i Reported sales : 'ss per cent. Inscribed Stock, 1933,’ £lOl ss; Wilson’s Cement, 40s T|d, 40s 3d. CHRISTCHURCH. Nov. 2. Sales on Change: Bank of New. Zealand, Gls- 4d (2) ; - New Zealand Refrigerating- (los paid), ,9s 2d, 9s 3d ’9s 'Ward’s Brewery, 425. Gd; British Tobacco 4s 4d (2) ;■ Electrolytic Zinc (oid.) .33s Gd ; •Mahakipawa, Is' 4d. ■ : ■ y .-•• 'Vi-.-- ■- V fe UDNEDIN, Nov: 2. .. Reported sales: National Bank. £7 Is Gd; New Zealand Insurance, 45s 9d.

VICTORIAN MARKETS' Cinltc-U Press Assn. by El. Tel. Copyiljht (Australian Preaß Assn./ ' MELBOURNE, Nov. 2. Wheat parcels, 4s 104d'; £l2 2s Gd. £T2 7s 6d; bran, £6 ss; pollard, £G ss; oats, milling, 3s Gd, 3s 7d; feed, 3s 3d; maize, 4s 3d. DALGETY AND CO., LTD. 10 PER CENT. DIVIDEND FORYEAR Messrs Dalgety_ and C 0.,. Ltd., have received advice from their head office in London that at the annual meeting to be held on November 15, the directors will recommend declaring a final dividend of 3 per cent.’, making (with the interim dividend already paid) 10 per cent, for the venr ending 30th June last, together with a bonus of 7s per share. Divid-* end and bonus are payable on the 21st November. The directors propose writing down premises £25,000. transferring £25,000 to staff provident fund, appropriating £50,000 for staff bonus, and carrying forward the sum of £195,300. BRITISH COTTON TRADE EXPORTS INCREASING (Britisn Wireless..RUGBY, Nov. 1. A Manchester message states that shipments of cotton, artificial silk, and mixed piece goods continue to expand. For the first nine months of this year the British exports of these goods totalled 76,975,667 square- yards, to a value of £5,006,399, being an-increase of 27,301,926 square yards, valued at . £K 198,039 over the corresponding period of 1927. British India continues to be the largest buyer, but Brazil has increased her buying more than any of the other countries. BRADFORD TOPS marKET. United Proas Assn by El. Tel. Copyright (Australian Press' Association.* (Received Nov. 2, 5.5 p.m.) ' ’ LONDON,':Fob. 1. The Bradford market is firmer on the strength of raw material . from Australia, but the turnover is small. Sixty-fours are quoted at 4G-'d 63’s 43*d. 56's 33d, 50’s 2Sd, 46’s 23d, 40’s 22d. HOME METAL MARKET United Press Assn by El.’ Tel. Copyright i Australian Press Assn.) (Received Nov. 2-, 11 p.m.) LONDON. Nov. 1. Copper, - standard £6B 3s 2d, £6B 12.4 6d : Electrolytic £74-15s, £75 ss; wife bars, £75 5s ; lead £2l 15s, £2l 12s Gd; spelter £22 16s ,3d, £24 ns;; silver;-.standard fine 24fd.