COMMERCIAL

Gisborne Times, Volume LXXIII, Issue 12075, 14 October 1933, Page 2

COMMERCIAL

MATAWHEEO -STOCK. SARhKEEN DEMAND FOR STORE, SHEEP 1 PRICES MAINTAINED Tlie weekly sale conducted by the Poverty Bay Stockbrokers’ Association, was held at the Matawhero saleyayds yesterday. There wa s a poor demand,for fat sheep, but store sheep were keenly sought after, anu values wero well maintained. STORE SHEEP The entry totalled 695. The demand was keen, values being fully maintained. A few small pen s of ewes with lambs sold under good competition at enhanced values. A few sound-mouthed prime owes with hea*y Southdown lambs made £1 3s 9cl the highest price of the season Average lots made 20s 6d to 20s 7d, Dry ewes sold at 16s 9d for medium sized rising 4-th; 8s lid to ’los Id for old ewes; good shorn 2-th, 12s Id; good hoggets, 15s to 16s 6d; medium wethers, 15s 9d, out only 16s for fat and fairly heavy wethers. Prices:— Ewes: 209, 2-th, rising 4-th, full of condition, a little Under size, 16s 9d; 60, fairly good mouths, were late shorn, fairly good condition, 8s xld, 24, shorn, Southdowns, 2-ths, in good order, 12 s Id; 25, fairly good condition, 10s Id; 35 2-th, medium isize and condition, 16s Id; 9 shorn, 4-ths, in good l order, 12s; 12, fairly good condition, 9s 2d. Hoggets: 151, good size and com dition, ivethers, 15s; 31 Southdowns, fair size, somewhat ragged, 10s fed; 9, full of .size and condition, 16s 6d Wethers; 19, medium size and con dition, 15s 9d; 34 shorn Southdowns 2-th, in goo<f order, 10s 7d ; 15, goo 3 size, plenty of ■ conation, mostly fat, 16s. Ewes and lambs: 5 prime isounclmouth ewes, and 5 heavy Southdown Jambs, £1 3s 9d; 6 fairly good ewes, ■and 6 average lambs, 19s; 4, good average ewes, and 4 good Southdown lambs, 20s 7d; 5 ewo.s and lambs, a fairly good lot, 20s 6d.

FAT SHEEP. The entry totalled 543. The demand was poor and the market .showed a decline. A pen of 6-tooth ewes made 15s 3d, and apart from this only one pen went to 14s, the remainder of the entry making 11s to 13s 9d. Shorn ewes made 11s for heavy and 10s for medium isorts. Secondgrade ewes did not show much lessening in value, making 10s Id to 11s 4d for woolly and Ss 5d for shorn Prices Frist grade ewes. —114, at 13s, 81, 11s 9: 12, 12s Gd; 13, 14s; 5,11 s; 22, 12s Id; 11, 11s 9d; 15, 12s 4d; 13, 13s 9d ; 16, 12s 9d; 13 6-ths, 15s Sd; ;5, 12s 7d; 4shorn, heavy, II s ; 4,12 s 6d; 4 owes and two wethers, 13s 3d; 21, 12s 9d; 13, 12s 4d! 36, 12s 3d; 35, shorn, 10s; 30, shorn, 10s; 4,11 s 3d.

■Second-grade ewes.—9o, shorn, 8s 5d ; 0,10 s3d ; 5,11 s4d ; 19, 10s 10cl; 6,11 s Id; 15. 11s; 7, IBs 8d; 4,7 s Id; 3 10s lOd •

•LONDON DAIRY PRODUCE ■ MARKET Messrs Dalgety arid -Co., Ltd., liavo received the following cable from "their/ head oflico dated 12th inst.: “Butter: Market > slow. Quotations are: Danish' butter, 108 s per cwt.; N.Z. finest, 96s to 100 s.; Australian finest, unsalted, 102 sto 104 s; Australian finest, salted, 90s to 100 s; Australian, g.a.q., 94s to 955.”

LONDON WOOL SALES The Bank of New Zealand is in receipt of the following cabled advice from its London office as at date 11th ins't. : “The wool (sales closed firm for all kinds of wool. There was an. active demand from Homo and foreign buyers. Current quotations are: Greasy merino, 6064’s, good average condition, 15d to 16d per lb.; greasy merino, ordinary 60-64’s, good average condition, 13id to 14pl; do., inferior, 60-64’s, o-ood average condition, lOfd to 101 d; do., halfbreds, s<s’is, good average condition, 14d to 15d; do., 5056’s, good average condition, lid to 12d; do., crossbreds, 50’s, good average condition, BJd to 9fd; do., 4850’s, good average condition, 8d to B£d ; do., 46-48’s, good average condition, 6ifd to 7-id; do., 44-46’s, good average condition, GJd to 7d; do., 40-44’s, good average condition, 6d to Gird; do., 36-40’s, good average condition, 5Jd to 6i-d.”

STOCK AND SHARE ATARKET (Press Association 1 AUCKLAND. Oct. 13. Safes on Change: Beil, Hooper, is Id; Ncw r Zealand Refrigerating, con. 8s lOd; Commercial Bank, 16s lid; Dunlop, 19s; Waihi. 26s 3d; New Zealand Breweries, 38s, 37s 9d; Gov ernment stock, 4 per cent. £lOl 10s. AVELLINGTON, Oct. 13. Sales on Change: Union Steam, prof., £1 4s Gd 1 . Reported sales; 4 per cent. Government stock, £lOl 2s 6d; New Zealand Newspapers £1 7s 7-Jd; Bell Hooper, lis Id. CHRISTCHURCH, Oct. 13. Sales on Change: New Zealand Guarantee Corporation, cum. div., 8s 2d; New Zealand Refrigerating, 10s paid. 8s 9d (2). 8s 10d; Kaiapoi 'Woollens, 7s paid 1 , Is 3d; New Zealand Breweries, 37s 6d; Beath and Co:, Is paid, 6s; Dunlop Rubber, 19s 2d; Howard Smith. 15s, 14s Yd; 14s 8d; Bell Hooper., 9d paid, Is Id (5) ; Big River, Is Gd; Nokomai, 3s 2d (5) ; Waita'hu, 7s Id, 7s (2). Reported sales: Government 4 per cent, inscribed stock. 1949, AM 02 10s; Dalgety and Co., £11; Canterbury Frozen Aleat, ord., £10; New Zealand Refrigerating, 10s paid, 9s. DUNEDIN, Oct. 13. Sales on Change: Bell Kilgouy, Is 7ct; Bell Hooper, Is Id: Commercial Bank, 17s; Nokomai, 3s 4cl (2); 'Vaitahu, 7s Id (2) ; Bell Hooper, Is I’d; Nevis Diesel, Is.

WAIR.AR.APA FARMERS*

Speaking at the annual meeting o r the Wairarapa Fn-rrtierh* Co-operative Association last week, Mr. C. M. Bowden, chairman of directors, said the hoard had no alternative to suggesting that the total debit in the profit and loss appropriation account, £72,142, should be carried forward and that no dividend be paid on tbe preference shares. The contingent liability under this heading was rc"' £60,000. It was apparent that resumption of payment of dividend, even oh preference shares, was not yet in sight.