COMMERCIAL.

Grey River Argus, 25 February 1927, Page 2

COMMERCIAL.

INANGAHUA junction sale YARD 3. Messrs McMahon :tn«l Lee report that at their usual sale fixture at the above yards last Monday, the yarding consisted of 55 head of fat ami store cattle cattle, 290 fat and store sheep and 21 fat lambs which were submitted to an average attendance of buy ers. Fat cattle met with a weak market passings being frequent, but the majority was quitted after the sale by vendors meeting the market. Fat sheep met very fair competition, but the demand for store sheep was weak. However, it is satisfactory to report that practically the whole yarding of sheep and cattle were disposed of. The following sales were made: —10 fat cows and heifers at £6; 13 at £5 15s; 5 at £5 17s 6d; 1 at £4 12s 6d; 3 forward cows at £4; 3 cows and calves at £3 10s; 1 springer at £6 10s; 1 springer at £5; 4 yearling heifers at £1 10s; 1 bull at £1; 100 fat wethers at 275; 48 at 265; 100 forward wethers 4 and 6-tooths at 235; 40 store wethers 4 tooths at 18/-; 21 fat lambs at £l. The next sale at the above yards will take place on Monday 14th. March 1927. ADDINGTON SALE. At Wednesday’s Addington sale about 737 West Coast lambs were sold, prices being:—F. Donovan (South Westland) 73 at 21s (id to 22s 7<l; L. McVicar (Totara Flat) 78 at 21s to 23s 7d; W. Savage (Matainui) 24 at 23s Id; A. F. Drayton and Son (Ko para), 421 at 23s 4d to 26s 7d; Blenheim (West Coast) 66 at 18s 4d to 25s ■4d; G. Jacobs 74 at 20s 7d to 23s 7d. ■ Several offerings of West Coast fat pigs sold better than at the preceding sale, being of a heavy variety. Prices for fat pigs averaged 7Jd to BJd per lb., viz.—Choppers 55s to £5 2 s 6d; light baconers £3 7s to £3 15s; heavy baconers £4 to £4 7s;, extra heavy baeoners to £4 15s (average price per lb 51d lo 61d), light porkers 48/- to 54/-; heavy porkers 56s to 635; large stores 42/- to 52/-, average 'price per lb. 74d to 81d. Store pigs sold better, but weaners were lower. Prices.—-Small weaners 12s to 18s; medium weaners 19s to 265; slips 27s to 345; medium stores 35s to 41s; large stores 42s to 525; extra, large stores to 61s 6d, sows in pig £2 15s to £4 ss.

Fat cattle dropped £1 a head, there being the big entry of 612. Extra prime beef fetched 36s per lOOlbs, and good 31s to 345; prime steer and heifer 30s to 345, heavy beef 26s to 28s 6d, ami rough down to 22s 6d.

Sheep were in large supply ami mostly fell by fully Is lid per head. Fat sheep filled 12 races, and prices were; ■—Extra wethers 28s 6d to 32s Id; prime, 25s to 27s 6d; medium, 23s 3d to 24s 6d; light 21s to 235; extra ewes to 23s 4d; prime 16s to 20s; medium 13s 6d to 15s 9d; light Ils 9d to 13s 3d. aged 9s 6d to Ils The stores were -mostly from a distance. Best rape lambs fetched 17s to 18s. Old and poor ewes were hard to sell, but best sorts were sold freely.—Two-tooths 26s to 295; four, six and eight-tooth 21s to 255.

TOTARA FLAT SALE. On Wednesday the following t sales of live stock wbre made at Totara I-lat yards by the National Mortgage ano Agency Coy.—For Waimaunga State Farm 80 six-tooth to f.m. breeding owes 27s per head. Account J. Symes, Ngahere, one pen of breeding ewes, fltooth to f.m. at 22s 6d; 100 sound mouth breeding ewes were passed, not reaching the owner’s reserve of 235; for P. Hamer, one four-shear Shropshire rain at 2;| guineas; for W. L. Begg, 3 small steers £5 10s; 2 fat heifers at £(> ss; - fat cows (with calves) £6. A gooii many lines bf steers and dairy cows were passed. N.S.W. LIVE STOCK. SYDNEY, February 24. The official report shows that on June 30 last, New South Wales cattlfe numbered 2,937,130; horses, 631,035; sheep 53,860,000; swine 382,674, showing an increase of 61 thousand, 3,500 and (>,- 760,000 and 43,000 respectively compared with till previous June. The crop returns do not supply a comparison of acreage but show that the yields of all principal crops are below those of the previous five yearly period. SHARE MARKET. DUNEDIN, February 24. Sales on change: “Otago Daily Times” (rights) 355; sale reported Bank of New South Wales £49 ss. DUNEDIN, Feb. 24. Sales: Otago Daily Times (rights) 35/- (two sales); sale reported, Bank of N.S. Wales. £49/5/-. AUCKLAND, February 24. Bank of New Zealand 60/-, New Zealand Insurance 36/6, Alburnia 3/"-, Lucky Shot (eon.) 2/9 2/8 2/9. Reported sales: New Zealand Breweries 51/-, Kawaurau 3/6, Lucky Shot, paid. 2/11.

WELLINGTON, February 24. Reported sales: English Scottish ami Australian Bank £B/9/-, Bank of New Zealand £3, New Zealand Drug £3/7/-.

TEA MARKET. CALCUTTA, February 23. At the tea sales a good general de Jriaml prevailed. Common stalky sorts advanced half to one anna; dusts six pice to anna; all other classes firm at late rates; average prices for commonest leaf six annas, six pice to seven annas six pice; broken leaf, six annas to seven annas; ordinary common lekoe Souchong, eight annas to nine annas; lowest even leaf Pekoe, eight annas six pice to nine annas six picc. APPLE TRADE. LONDON, February 23. The Marketing Board states that Arne rican apples are keeping unsatisfactorily, indicating a shortening market season, lessening competition to early Australian arirvals.