COMMERCIAL

Gisborne Times, Volume LXXXV, Issue 12914, 16 July 1936, Page 8

COMMERCIAL

RECORD FINANCE . TALLIN’S BREWERY SHARES •Clßo.ooo SUBSCRIBED IN CASH ' IN THREE WEEKS fPress Associations. « CHRISTCHURCH, July 35. Returning confidence in industrial investment in Near Zealand lias been indicated recently in the rapid subscription to new concerns. One example is Ballin',s Breweries, Christchurch, for which £IBO,OOO has been subscribed in cash m three weeks, establishing ,;t new Christchurch Stock Exchange record. FIRST DAIRY SALE OF SEASON GOOD ENTRY; SMALL ATTENDANCE ITOW THE PRICES WENT The first dairy sale oF the season was conducted by the Poverty Bay Stockbrokers’ Association at the Matawhero snleynrds yesterday. There was ai good entry of 200 springing heifers, and 170 yearling Jersey heifers. The sale attracted only a small, attendance of the public. As is usual at this time of the yaar, most of tiie heifers oli'ered were not dose io profit. Though the greater part of the entry was good, most of tho entry failed to reach vendors’ reserves and was passed in, although a fair number were subsequently sold. A few attractive heifers sold singly made £8 and in one instance £0 5s whilst a lino of eight, offered on account of Air George AA ilson, ol Wao-renga-a-hika, was sold privately aL £6.

Apart from those mentioned, oniy ;■ few heifers reached £5. A fair number made from £5 to £4/10/- and many backward and unattractive ranged from £2 to £2/15/-. A special entry of a 2-year pedigree heifer from prize-winning stock on both sides and offered on account .A Air F. B. Bousfield was sold at lG.lgns. Yearling Jersey heifers sold as follows: Good condition, £2/7/8; fairiv good condition, £2/4/-; fair condition, 32/-; small and poor, 17/- to 20/-. WESTFI ELD YARDS. LESS KEENNESS FOR BEEF. BUT PRICES PRACTICALLY UNALTERED. SHEEP VALUES SLIGHTLY IMPROVE. (Press Association). AUCKLAND, July 15. Consequent on the largest yarding for some weeks, competition for ox beef at Westfield to-day lacked the keenness ot recent sales, though the recently advanced quotations were practically unaltered. One tine bullock brought £ls ss, the best price, recorded for some months. Cows and heifers showed a minor tieel.no mi last week’s improved rates. Extra choice ox sold to 30.? per 3.001 L. choice and prime 26s to 28s; secondary and plain, 23s to 255; prime young co" and heifer, 2Cs to 2Ss; ordinary cow, los to 225; extra heavy prime sterns, £l3 to £ls ss; heavy, £lO IDs to £ll los; lighter £9 to £!> 15s; light, £3 )0s to £S 17s 6d; small and unfinished, £5 to £7 ss-; extra heavy prune younf cows and heifers, £8 to £lO Us Or 1; heavy prime, £G 5s to £7; lighter, £5 to £6; other kill-.iblo cows, £3 to £4.

Jin average yarding -of sheep produced keen bidding, with values improving slightly on last week’s firm scale. Extra heavy prime wethers made 37s io 37s Oil, heavy 3ds to 33s Gd, medium 33s to 31s Pd, light 23s to 32s !)d, small and unfinished ISs to 27s Gd, extra heavy ewes 32s to 335. heavy 30s to 31s 9d ; medium 27s Gd to 29s 9d, light 2-1 s to 27s 3d, just Tillable £1 to 235, interiorly fatted r>s to io3.

Larger numbers of lambs a! o sold freely at late rates. Extra heavy made 25s Gd to 20s Gd, heavy 21s to 255, medium 22s lo 23s Pd, light 20s to 21s 9d, smaller and unfinished los

upward. A full yarding of calves failed to affect the strong demand, values being 2s higher all round. Banners made £3 10s to £7, heavy vealers £1 lOs to £5, medium £3 12s to £l, light £2 18s to £3 8s ; small £2 8s to £2 12s, unfinished and bwekotfrd £1 2a to £l. 18s; bobby and rough 4s to 2Gs. Pigs were yarded in average numbers and prices equalled last week's porkers tending lo improve. Choppers made £2 10s to £3 2s; heavy Laeonors £3 IGs to £1 as, medium £3 8s to £3 12s, light £2 IGs to £3 4s, heavy porkers £2 10s to £2 14s, medium £l 18s to £2 4s, light fills Lo £1 las, small and unfinished ISs to 28s, stars 10s to 235, slips 14s to 17s, wen tiers 10s to !•>-. Ba Conors ‘averaged Gd per lb. and porkers 5-1 d to Gd. ADDINGTON YARDS.. SHEEP RECEDE IN TRICE. 15N1RY DOUBLE THAT OF PREVIOUS WEEK. KEEN SALE TOR STORE EWES. fPress Association^. CHRISTCHURCH, July 15. Entries were larger in the sheep sections at. Addington market today. Fat sheep.—The entry was hioo head, move than double that of last week. The sharp jump in values realised then of 4s o Gs per head was reduced by half, although at the end of the big offering, there were some passings. Best wethers m’ade from 32s to 40s; prime and medium weights, 27s to 31s; best ewes sold at 20s toNUs and prime medium weights 24s to 20s.

■Stnro sheep.—A larger entry and a keen sale for ewes. Good s.m. Corriedales made to 30s Id; two and l’purtooth halfbreds to 34s 3d; and a pen of 30 s.m. haltbred 30 to 31s 3d,; wethers sold to 24s 10d; and: wether hoggets to IBs 3d. No ewe hoggets were in the market,

Fat cattle.—An entry of 420 head with little change in values. Best cattle sold from £l2 to £ls 17s 6d; good, £.lO to £ll 10s; best boilers, to £lO 12f; fid and best nows from £9 to £!.]. 7s fid. Best beef made from 28s to 31s ner IOOIbs., Pud medium 25s to 27s fid.

Eat pigs.- A heavier entry and low or prices for average sorts. Bestporkers made from 30s fid to 45s fid. Tho average per lb. was 5-Jd to Ofd. Bneonors. made 40s fid to £4. 3.8 s fid, average price perjb., 5;Jd to fid. STOCK AND SHARE MARKETS. (Press Association! AUCKLAND, duly 15. Sales on ’Change : Golden Dawn, 5s ; AA’atut, 6s fid; Farmers’ Trading, A prof.. 22s fid; Consolidated Gold, 17s; Farmers’ Trading, 19s 8d; Dominion Breweries, 27s 3d; Electrolytic Zinc. 445; Broken Hill, 74s Sid"; G. J. Coles, 82s. 82s 3d ; Aft. Morgan, 15s 3d; Government Stock, 3037-10, ox dim, £IOO 37s fid. CHRISTCHURCH, July 35. Sales on ’Change: Commercial Bank of Australia, cum. div., 38s 5d (2) ; Now Zealand Breweries, 53s Id; Broken Hill Proprietary, 74s 3d, 71s 4d ; Colonial Sugar, £4B 10s; Big River, 2s ; Nemonn, Is 4d ; Mount Lvoll, 25s Id (2); Skinpers, 4d. DUNEDIN, July 35. Sales reported: Union Steam, prof., £1 fis fid; New Zealand Refrigerating, 9s fid; Milbnrn Cement, £2. 2s fid; Hume Pipe, £1 3s Id; Gillespies, Is 3id; G. J. Coles, £4. 2s.