COMMERCIAL

Gisborne Times, Volume LXXIII, Issue 11877, 23 February 1933, Page 2

COMMERCIAL

AUSTRALIAN SUGAR

STATE PR ODUCTION

("U.P.A. by Elec. Tel Copyright) SYDNEY, Feb. 22.

Queensland cane' sugar production last year was 513,187 tons, and New South Wales 18,000 tons, while Victoria grew 5000 tons of beet sugar, a total of 536,187 tons, or 75,000 tons less-than in-1931\ Sixty-foffr per cent was absorbed by home consumption. The average price is estimated at £l9 a ton,’ £1 below that of the previous year.’ ' '

SYDNEY wQOL SALe-S. WIDER BUYING BY JAPAN. (U.P.A. by Elec. Tel. Copyright) (Received Feb. 22, 9.35 p.m.) SYDNEY, Feb. 22. At the wool sales 9921 bales were offered, of which 8512 were sold and 1439 bales were disposed of privately. There was strong and general competition, with wider buying by Japan. The market is unchanged Greasy merino sold to 21 Id.

LONDON DAIRY PRODUCE

MARKET

Messrs Daigety and Co., Ltd., have received the following cable from tbeir head office dated Feb. 2:— ‘ ‘London, dairy produce market: Cheese, white 435, colored 48s, butter 74s to 755, market weak-’

StOCe. and share market /Press Assocria Uo»*..■» AUCKLAND, Feb. 22. Sales on Change: Wilson’s Cement 29s 6d; Government bonds, 5J per cent., 1941, £95 jl.os. CHRISTCHURCH, Feb. 22. Sales on Change: New Zealand Refrigerating, 10s paid, 3s 6d; New Zealand Breweries, 26s 6d, 26s 7d; Alexander, contr. cum div., 13s 3d; Blackwater, 21s 6d (3); Golden Sands 3s; Mahakipawa, 2d. DUNEDIN, Feb. 22. Sales reported: Point, 6s 3d j Bank of New Zealand, 43s 3d.

Westfield yards SHEEP' SELL AT FULL RATE RATE'S AUCKLAND, Feb, 22, (Press Association.) Steady prices ruled at the weekly Westfield sale of fot stock, There was a smaller j'arding of ox beef,, but cow and hefer beef were in full supply. Extra choice ox sold to 20s per 1001 b,, choice and prime ox 17's to 19s; secondary and plain, 14s to 15s; pirme young cow and heifer, 15s to 18s; ordinary cow beef, 9s to 14s. Extra prime steers ranged from £7 15s to £3 os; heavy prime £7 10s; lighter prime £6 5s to £6 17s 6cl; light prime £o to £5 15s; sinoii and unfinished, £3 12s 6d to £4 15s; heavy prime cows and heifers, £4 10s to £o ss; lighter prime £3 to £3 1-s‘s; otiher bailable cows, £1 15s to £2 12s 6d. An average supply of sheep sold at full late rates. Extra heavy prime wethers'made 16s 9d to 1/s 6d, heavy prime 15s to I6s 6d, medium prime 12 s 9d to 14s 9d, light prime 11s to 12s 6d; small and unfinished 9s to 10s 9d, prime maiden ewes 10s to 14s, heavy? prime ewes 8s 9d to 9s 9d, medium prime 7s 9d to 8s 6d, light prime 6s 6d to 7s 6d, interiorly fatted 4s to 5s 9d, Lambs were penned in average numbers and sold at late ratesHeavy prime lambs made 12s 6d to 14s 6d, medium 10s 6d to I2s 3d, light 8s to 103 3d, , Calves declined in sale, owisg to the large offering. Prime made £1 10s to £2 17s, heavy veaers £2 Is to £2 9s, medium £1 10s to £1 13s, light 20s to) 255, small Hs to rough and bucket-fed, 9s to 12s, bobby calves 2s to 6s. _ The demand for pigs improved and values were a shade better. Baconers made 40s to 575, porkers 20s to 365, and large stores 16s to 23s 9d-

ALDINGTON YARDS

LAMB AND MUTTON PRICES

DeCIINE

DULLEST BEEF SALE TvTmlN

memory.

p re s.s Ass/'ClaHoa.l

CHRiSTCLLURCH, Leb. 22

Consequent upon the declines *n lamb and mutton export schedules values, those sections at Addington to-day eased materially, reaching a

new low level for the season. Store sheep showed' .the "biggest yarding this year. Young ewes and sound mouthed ewes were in • _ demand, hut wethers were slightly easier. The store lamb entry was smaller than usual, and owing to short supply, late rates were maintained. Good 2-th. Romney ewes made to 13s; extra good 2 and 4-th 15s 9d to 16s 6d ; good 6 and 8-th. to 12s Id; sound mouth 7sJ3d to 10s; s. and f.rn. 5s 6d to 7s. Rxtra good 2-th. half bred ewes 15s to Rlsj^pla 1 9s 6d to 10s 8d; sound mouth 7s 6rl to 8s 3d; aged and failing mouth 2s 2d to 6s; good 6 and 8-th. Corriedale ewes to 12s 8d; 4 and 6-th. halfbred wethers 7s to 9s Id. - Store lambs.—Forward m.s. lambs 8s 6d to 9s 6d; medium 7s to 8s 3d; average 5s 6cl to 6s 9d; cull 3s 6d to ,ss; good crossbred wethers to 9s sd, medium halfbred wethers • 6s 8d to 7s 6d; ordinary to 6s. ■ Fat lambs.—The export schedule has been, dropped |d a pound to ,4|d for two’s and the market of _3300 head reflected the decline. .llktra prime heavy lambs made to 15s^/d; prime heavy 13s to 14s 6d; medium weight 11s to 12s 6d; light 9s 6d to The fat sheep entry totalled 4500 head The export schedule had been reduced |d for all classes and values were easier by Is per head for _ all except the heaviest wethers, while ewes declined on the average by Is 6d a head. Extra prime heavy wethers made to IBs 4d; prime heavy 14s 6d to 16s; medium, weight prime 12s 6d to 14s ; ordinary and light 93 "6d : to 12s; extra prime / ' ’ ' / ■ 1 ■

heavy .ewes 10s 4d;/'prime heavy 8s to 9s 6dj medium' weight prime 6s 6d to 7s 9d; ordinary 6s 5d to 6s; light 3s to 4s 6d. ; ■ The fat cattle entry totalled 380 head. There was a very dull demand for all except exceptional quality beef and values were easier. There has not been a duller sale at Addington within memory. Good beef made from 16s to 18s 6cl per 1001 b. A few special pens of baby beef made to 20s; medium steer and heifer I3s to 15s 6d; medium cow to 11s; and light 6s to 9d. " Extra prime heavy steers sold to £8 17s 6d; prime heavy £6 to £7 153; prime medium weight £5 to £6 IQs; light and ordinary £2 TOs to £4 IQs; extra prime heifers to £6 17s 6‘d; prime £3 10s to £5 5s ;■ medium £2 15s to £3 7s 6d; light to £2 TOs; extra prime cows to £5 2s 6d; prime £3 5s to £4 ss; medium £2 2s 6d’ to £3 2s 6d; aged l and inferior £1 15s to £2.

There was a large entry of' fat pigs, including an over-supply of. baconers. Four trucks of baconers came forward from the West Coast and the bacon values were considerably easier. Choppers made 38s 6d to £4 -3s 6d; baconers 31s 6d to 38s 6d; heavy 41s 6d to 53s 6d; average price per lb 3d to 4d. Lorkers 21s 6d to 26s 63; heavy 27s 6d to 34s 6d; average price per lb, 4<T to scl.