COMMERCIAL

Gisborne Times, Volume LXXIII, Issue 11949, 20 May 1933, Page 2

COMMERCIAL

-MATAWHERO SALE

NO CHANGE IN RATES

■The weekly stock sale of the Poverty Bay Stockbrokers’ Association was held in. the Majawhefd saleyarql yesterday.. The* yardimrs. wore fully up to the average, and the sale was a good one, late rates prevailing .

STORE SHEEP The entry of store sheep totalled’ 24X1. and there was generally good competition. Breeding ew.es mhd« 9s. f!or 4-tiis, and 7s 9d for 2-ths ; 7s 3d' for quality 6-yr; 7s to 7s 6d for good 4-th to 5-yr; and 6s to 6s 6d for fairly good l 2-ths to 4-yr. rtog'gets made 6s 4d, ,6s' 6d and 6s 9d for first class pens. Wethers ranged from 8s 3d to 9s 1, empty eaves up: to 6-th made 7s 2d, and for aged sheep in medium condition, 2s 4d ! . Prices.

Breeding ewes: 255 6-yrpr.w. Down rams, a choice .pen,'full of frame and condition, 7s 3d; .49, even mouths, Mith size andl condition, 55.2 d; 75 ” th, fairly good size, good order, 7s 9d; 84 4-th to 5-yr, guaranteed,,, running with Romney rams, good fresh condition, 7s; 93 2-th to 4-yrr n few 5-yr, small, good store condition, 6s 6d; 70, 4-yr, mated with Romneys, a good; pen, full of condition, 7s 7d ! ; 143, 4,6, and 8-th* Romney rams, medium to good condition, 6s; 123, 4-th, as last, 9s; IDS. 4,6, and S-th, in good order, 5s lid; 111, 4-th to 5yr, guaranteed, running with Down rams, .good frame and great condition 7s 6d.

Wethers: 54, a good pen, full! of meat, 9's Id: 70, good l solid stores, 8s lOd; 82, gs.od fresh conditioned 2ths, 8s 8d; 112, small, . fresh,, well grown, and carrying condition,. 6s 3d ; 219, next cut of last lot, 5s 6d: ,81, big, woolly,i n great condition. 6s 9d; 295, woolly and well grown, in good order, 6s 4d. Empty ewes; 147, medium condition 2s 4d; 78, 2. 4 and 6-th, many small but in good condition. 7s 2d.

FAT SHEEP The entry totalled 506, and the market showed no noticeable change. Two pens Of ewes made 6s 4d and 103 5d respectively, otherwise ewes ranged from 4s 9d to 5s 9d. Small wethers made 8s Id; medium, Ss lid to 9o 6d; and prime heavy, -10 s4d to 10s 7d. Lambs rwere of medium quality and made 6s Sd to 7s. Second-grade ewes sold to- 4s 7d. Prices: —

Wethers: 57, medium weight, 8s lid; 22; 9s 6d; 5, prime heavy, 10s 4d; 16 do!, 10s 7d; 29, 8s Id 1 . Ewes.—2B at 4s lid; 19, 6s 4d; 41, 5s 5d and 5s 3d; 14, extra good, 6s sd; 22, 5s Id; 55, 4s lOd; 38, 5s Id; 28, os 2d; 19, 5s 9d; 19, 4s 9d; 5 2-th ewes, 8s 2d; 13 mixed 2-ths, 63 Ud. Lambs: 23 at 7s; 11, 6s Sd. ■ Second-grade ewes: 5 at 4s ?U ; 28, 4s

FAT CATTLE The following lines were offered: 2 (P. A,-Hereford, medium weight bullocks, £2 15s; ...2 Hereford vealers, 15s; 2 prime cows, £1 ss; 2 light «P.A. steers, £2; 1 Jersey heifer, £l, 2 Holstein bullocks, £2 12s 6d; 1 prime heavy P.A.-Hereford cross cow £2 ss; 2 medium weight P.A. cows, £1 7s 6d

STOCK AND SHARE MARKET (Pres- A— ooliitiofi AUCKLAND, May 19. Sales on Change: Auckland Gas, 23s 4d; Gear Meat, 23s 6d; Wilson’s Cement, 31s 6d; New Zealand Insurance, 495 ; South British, 655. CHRISTCHURCH, May 19. ' Sales on Change: New Zealand Refrigerating, 10s paid, 3s lid; Benin and Co., £1 paid, 3s 6d; Big River, Is 5d (2); Nokomai, 4s 9d; Wadii Grand Junction, cum. div., 4s 2 . Reported sale: New Zealand Drug 65s ,6d. DUNEDIN, May 19. Sale On Change: IFres-hford, Is 3d. Reported sales: Waihi Junction, 4s Id; National Tobacco, 58s 0d i British Official It tre''''S.) RUGBY, May ■ & Tim stock markets closed iwUh eome irregularity, British funds finishing under thje best. War loans pen cents, sold at £99 I.os Geiman bonds, after an earlier recovery, also fell back-

ARGENTINE WHE-'-T

BIG PURCHASES BY CHINA n r A bv F>' temv- iglrJ OTTAWA, May l 8

Barring the development of abnormal conditions, the pressure of Aigenbino wheat on the world markets may be regarded as over for tins'season, according to the Buenos Aires correspondent of the Domiivon Bureau of Statistics.

■ It is stated that China i a- puichas ed considerable quantities of Argentine wheat.

LONDON . DAIRY PRODUCE market Messrs Dalgety and Co., Ltd., have received the following cable from their head office, dated May 19: “The butter, market i a quiet Quotations are. Danish, 94s to 96s per cwt.; New Zealand fteest, 795-to 80s: Australian finest, unsalted, 77s to- 80s; Australian salted, 77s to 795: g.a.q., 73s to 765. .. , r:, - Tiro cheese market is quiet.- Quota: tions are: N.Z. cheese, white, 48s per cwt., do., colored, 53s td 545; C.anaqfian. * white, 64s to 70s ; So., colored, 64s to 725! WAIKATO MARKETS A week of wet weather,-has had the effect of driving out large quantities of both beef arid mutton. At Erankton yard on Tuesday a heavy -yarding of both ox and cow was again pepnod, but unfortunately there was no improvement .in. price, and, in fad very few cattle t-h.at- were sold ip-the beef pens could show any margin o profit to the sellers. The absence export competition was keenly- ft t but-reporis Rf frozen beef- on iiondon market .;do not appear

cularly bright. ‘This,., together with] tho congestion at the works, haß apparently made all eiexporj'Kfoperatoi^ . very cautious, and practically the only class, of caitLe that :is being; in the open market is, boner cows. Ad This redaction in the price of fats, has to some extient been reflected in store• cattle. A yarding of good quality cattle at Cambridge last week sold at reduced, prices, with .the exception of■ eighteen months’ steers]' for which • competition . was ■ better than over. Female cattle of all classos also lost.their popularity. Another good 'entry of fat shteep at Frankton on T’uesday.i.saw last week's, vaiuos, fully ; majntainpd.7 An 7 yeytra heavy yarding :of fab lambs .came- forward-; in fact rhore lambs weiß yarded at this sale than at any other salo for some considerable- time. Although most of the entry was purchased by the exporters, the prices given were considerably better than the “on hooks” . schedule. '. - Stone sheep are also 'in. keen demand, and all that are yarded never fail to change bands. A slight improvement can also be' recorded -unfair baconers and porkers, although. the supply of heavy-weight, baconers Is. showing a falling off.

LONDON SHEEPSKIN SALE Messrs Murray .Roberts and Co., Ltd. ? s are in receipt of the following cable from aheir London house: f‘Crossbred fine advanced 15 co 20 per cent*.; other- descriptions 10 to 15 per cent.”