COMMERCIAL.

Hawera Star, Volume XLVIII, 2 March 1929, Page 8

COMMERCIAL.

ADDINGTON QUOTATIONS. (By Telegraph—Press Association.; CHRISTCHURCH, Feb. 27. Store sheep made the biggest entry of tlie year, over 30,000, including lambs, being oifered. Other sections were about the same in numbers. Store sheep.—About Id,ooo North Island ewes were offered in the store pens. They sold steadily at near about last week’s rates until the final part, when passings were numerous and values receded by up to 3.s per head. The class, however, was below standard.

Fat lambs. —Extra prime lambs sold to 3bs Id, prime lambs 29s to 325, medium lambs 2bs 6d to 28s 6d, light lambs 24s to 265.

Fat sheep. —The wether schedule lias been reduced a farthing per lb since last week, but ewes remain unaltered. Extra prime wethers sold from 34s to 37s Id; prime wethers 29s 6d to 32s 6d, medium wethers 27s 3d to 29s 3d, light wethers 25s 6d to 275, extra prime ewes to 32s 7cl, prime ewes to 32s 7d, prime ewes 24s to 295, medium ewes 21s to 245, light ewes 18s 6d to 20s, aged ewes 16s 3d to 18s. Fat cattle. —A slight easing in prices occurred, the extent being up to Is 6d per 1001 b. Best beef averaged from 41s 6d to 44s per 1001 b, medium quality 37s to 41s, heavy 34s to 375, good cow and medium heifer 3ds to 395, plain- heavy cow 32is to 34s and worth down to 30s per 1001 b, extra prime heavy steers £2l 17s 6d, prime heavy steers £l6 5s to £lB ss, prime mediumweight steers £ls 5s to £l7 ss. medium quality steers £l2 to £l4 ss, light steers £8 to £ll 10s, extra prime heifers to £ls 12>s 6d, prime heifers £l2 to £l4, medium heifers £9 15s to £ll 15s, light heifers £6 15s to £9 10s, extra prime cows to £l6 2s 6d, prime cows £ll 5s to £l3 10s, medium cows £9 to £ll, light and aged cows £6 to £8 15s.

Fat pigs.—A good yarding and improved sale for porkers. Choppers sold from 30s to £5 0s 6d, baconers from £3 to £4 18s 6d, average price per lb Old to 7d; porkers 38s to 58s 6d, average price per lb 7Jcl to 84d.

BANK OF ENGLAND RETURNS. (Australian Press Association—Unite*! Service.) LONDON, Feb. 28. Bank of England returns for the week ended February 2S_ follow : Issue department.—Notes issued, £4.10,897,000; Government debt, £ll,015,000; other Government securities, £234,525,000; other securities, £9,465,000; silver coin, £4,995,000; gold coin and bullion, £150,897.000—t0ta1, £410,897,000. Banking department. —• Proprietors’ capital, £14,553,000; rest, £3,703,000; public deposits, £13,967,000; other deposits. £93,702,000; seven-day and other bills, £looo—total, £125,926,000'. Government securities, £23,947,000; notes, £58,644,000; coin, £358,000total, £125,926,000. Proportion of reserve to liabilities, 54.70. Short-dated loans 41 per cent. . Three-month bills 5 5-16 per cent.