COMMERCIAL.

Mataura Ensign, 19 May 1910, Page 8

COMMERCIAL.

LAND COMPANY'S DIVIDEND. LONDON, May 18. The New Zealand and Australian Land Company lias declared an interim dividend of four per cent, on ordinary capital. / , BURNSIDE STOCK MARKET. DUNEDIN, May 18. Fat Cattle.—2o6 were yarded. Prime quality, of •which there was not much, waS firmer; medium a shade easier. Prime, £9 10s to £lO ss; a few extra prune, to £11; medium, £7 10s to -€8 10s; heifers, £6 5s to £7 15s. j Sheep.—3242 were yarded, of medium quality. Prices for good wethers were firmer; medium wethers and eves • . shade easier. Best wethers, 17s to 18s 6d; extra, to 22s 9d; medium, 14s to 15s; inferior, lis 6d to 12s 6d; best ewes, 14s to 15s; extra, 17s 6d; medium, 9s 6d to 10s 6d; inferior, 6s to 7s 6d. Lambs.—2B92 were yarded. A big yarding, for which there was keen eompetitr n, and prices were better than -last weelr'-t. Best lambs, 13s 6d to 15s; medium, 3s to 13s; light and unfinished, 9s to IDs 6d. ACOINGTON MARKETS. - JSE 1 nTTED PBESS ASSOCIATION. GHRISTCHURCH, May 18. "-v .At the Addington live stock market to-day there were good entries of stock •anda fairly large attendance. Fat cattle were again firmer. Store sheep met with a dragging sale, and fat lambs sold well. Tegs were easier. Fat sheep sold well, though old ewes brought lower prices towards the end of the sale. Store cattle were dull o* sale, and dairy cows were in keen demand. The yarding of store sheep was comparatively small compared with late entries and wethers and ewes formed a large proportion. There was a poor demand, no doubt owing to feed not being plentiful, and sales were only made at lower rates. Among the entry were several lines of strong-woolled ewes from outside Canterbury, but they did not meet with much competition. Forward wethers made 12s to 12s 6d; lambs, 7s 3d to 9s: 6 and 8-tooth ewes, lis to lis 4d; and aged and low-con-'ditioned ewes, 5s to Bs.:_ The entry of fat lambs totalled 8997, and the average quality was a decided improvement over late sales, the p»o----portion of second quality being small. There was good competition throughout, 141 lots being disposed of in an ■average of 52 seconds each. Pr : ces were a rfimfa firmer. There were 8659 taken - for freezing, 228 by butchers and 110 should have been in the store pens. Tegs made 15s 6d to 16s; extra heavy. 16b 6d to 17s 6d; light lambs, 12s 4a to"lss 3d, the average being 13s 9d to 14s 9d. There was a fairly large yarding of fat sheep, including some good lines i of\ wethers, though ewes formed the V : jrrjrifcipsfl portion of the entry. There' V''' demand for well-finished lines ; <of wethers, --and for best quality ewes. Other classes also sold well till towards . . the end of the sale, when aged ewes were more difficult to dispose of even - st-tower tates. - The range of prices tras: Extra prime wethers to 20s 6d; jjrime, 16s to 19a; medium, 14s to 15s ,6d; light, 10s 7d to 13s 6d; extra prime ewes, to 18s 3d; prime, 14s 6d t0.175; medium, 12s to 14s; aged, 6s 9d to lis fid; merino wethers, 10s lOd to 3.45; merino ewes, 6s lOd to 7s 3d. The supply of beef totalled 350 head of good average quality, and there were several lines of extra prime quality. The demand was somewhat irregular, but belter quality cattle sold well at prices still firmer than last week. Steers made £6l2s 6d to £lO 10s; extra, to £l3 ss; fceifers, £4 7s 6d to £7 7s 6d; extra, to '£9 2s 6d; cows, £4 17s 6d; extra, £9 iSs-r-equal to 25s for extra prime, 21s t0,22s for prime, and 18s to 20s for eowand medium quality beef per 1001b. .Veiil calves brought 4s 6d to 6s. Store cattle were in poor demand, yearlings making 245; 15 to 18 months, •35s 6d; dry cows, 37s 6d to £3 12s 6d. "The two and three-year-old cattle were passed in. Dairy cows brought £3 10s and. £9; extra'to £lO 17s 6d. There was a good of pigs, fats being mostly of prime quality. The demand was not so keen as last week, and prices were weaker. Baconers made 47s & to 52s 6d for large, and smaller '3Bs to 45s (equal to 4d per lb); large I porkers 30s to' 345, and smaller 25s to 29a (equal to 4d to 4Jd per lb). Stores met with a dull sale, large sorts making 19s'to 245, smaller 10s to 18s, anl weaners 4s to Bs. NEUTER'S TELEGRAM COMPANY. , / WELLINGTON, May 18. The directors of Reuter's Telegram > ' Company have declared the usual dividend at the rate of 5 per cent, per jmnum for the half-year ending December 31 last. According to the balancesheet just issued the total at credit of the various reserve funds at that date .• was £110,706 cash in hand and at the *■ bankers. Bills receivable and investments on account of rebuilding amounted to £128,205, the value of freeholds in London and at branches being ££5,899.