Farming and Finance

Manawatu Times, Volume LIX, Issue 7486, 9 June 1934, Page 8

Farming and Finance

CHRISTCHURCH STOCK , EXCHANGE SALES. Per Press Association. CHRISTCHURCH, Last Night, Sales on 'Change: Hank of New Zealand (cum. div.), ols lOd, 51s lid; Union Hank of Aust., £lO (2); National Insurance, 20s Ud; Goldsbrougii, Mort., 30s 9d; Timaru Brewery (7s Gd paid), 6s lid (2); Anthony Hordern, 14s sd; Heath and Co. (Is paid), 8s 4d; Dunlop Rubber, 18s (id (4), 18s Gd; N.Z. Farmers’ Co-op., 4§ per cent, stock, 1940, £Bl (2); New Zealand Newspapers, 30s 3d; Alexander Mines (13s ud paid), Ills 9d; Brian Boru,(ls i>aid), I s (2;; Glenroy (Od paid), 9£d (2); King Solomon, -is Id, 4s 3d (3); Macrewhenua, 9d (5); Mahakipawa, lOd, lo4d (3); Mount Lycll, 21s (2); Mount Morgan, 255. Sales reported: Comm. Bank of Sydney, £l7 9s; Union Bank of Aust., £10; Goidobrough, Mort. (cum. div.}, 31s; New Zealand Refrigerating (10s paid;, 9s; Dunlop Rubber, 18s Gd (5); New Zealand Farmers' Fertiliser, 19s 10d; Nevis Diesel Electric, 4-id; Mount Morgan, 25s 3d. Sales on "Chango of unlisted stocks: Proccra Bread (10s paid), 13s 3d; Snowy River, lid; Sun Newspapers (10s paid), 4s 2d (3). CHILLED BEEP. DISAPPOINTING ARRIVAL. LONDON, June 7. The Port Fairy’s and Port Huon’s shipments of New South Wales chilled beef has turned Out in a disappointing condition. There was no mould, but the beef was too hard and the colour was poor.

PRICE OF GOLD LOWER. LONDON, June 7. The price of gold is 137 s 14 d per fine ounce. Per oz. s. d. June C 337 104 June 5 13S 0 June 4 137 2 June 2 ........ 137 2 June 1 137 14 May 1 135 114 April 3 135 2 March 1 137 1 February 5 (official) 140 0 Febr’y. 2 (unofficial) 142 0 February 1 135 0 January 2 1-7 0 FRANC AND STERLING. LONDON, June 7. •Sterling exchange on Paris is 7G'i francs to £l. The par value of tho French franc with sterling is 124.21 francs to £l. LIVERPOOL APPLE PRICES. LONDON, Juno 7. Tho Orestes’s shipment of apples sold at Liverpool realised as follows: —Tasmanian Clcopatras, Ss Gd to 10s 3d; Granny Smith, 11s Gjl to 12s 9d; Jonathans and Stunners, 7s 9d to 8s 9d; Crabs, Ss Gd t,o 9s Gd; others, 7s to Ss Gd. Victorian Clcopatras made 9s 9d to 10s 3d; Stunners, Ss to Ss Gd; others, 7s Gd to Ss Od. DAIRY MARKETS. BUTTER FIRM, CHEESE IN DEMAND. LONDON, June 7. The butter market is firm. Danish, SGs per cwt.; choicest salted New Zealand, 7Ss to 795; Australian, 755; unsaltcd New Zealand, 7Ss to SOs; and Australian, 75s to 70s. Cheese is in better demand. New Zealand, coolurcd 45s per cwt., white 475; Australian cheese is temporarily cleared. FEILDING STOCK SALE HIGHER VALUES FOE FAT SHEEP. A good sale for everything, sums up the outcome of yesterday’s Feilding stock sale. Realisations in every section support this comment and vendors who met the market cannot be other than pleased with the coniident tone manifested. Prime lambs were keenly competed for and values made 2Ss. In the case of mutton, late rates for ewe lines were slightly exceeded and heavyweight wethers experienced a good sale with prices rising to 2Ss. Female lines contributed the larger share of tho oifering of tat cuttle with prices hardening for the better linishei lots. A lone bullock, calculated to tip tho scales at something approaching three-quarters of a ton, changed hands at £S 12s Gd. This exceptional entry was made by Mr. Hcneglrau. The store sheep market was quite strong with good values obtaining for breeding owes. There was a good selection of 4 and 5-year lines which made up to 25s lOd, while the best of the 2-tlis. realised to 30s Gd. A line of ewe lambs made 23s 3d. Values for rape lambs were a shade easier. A brighter tone was noted in the store cattle sale with young run cattle making high prices. Young P.A. steers made from £4 to £5 7s Gd. Dairy stock found the market prepared to bid up for offerings showing quality and generally tho operations suggested more confidence in the butterfat market. The following are tbe quotations: — Fat sheep: Lambs, 17s, IBs lOd, 19s, 19s Id, 19s lOd, 20s, 22s 6d, 23s 9d, 24s Gd, 255, 26s 4d, 2Gs lOd, 275, 27s 8d to 2Ss; ewes, 17s sd, 17s Gd, 17s Sd, 17s 9d, ISs 2d, 18s Cd 19s 2d to 19s 6d; maiden ew'es 2Ss; wethers, 20s, 23s 23s lOd, SGs, 275, 27s 4d, 27s Gd to 2Ss; b.f's, 27s Gd Fat cattle: Bullocks, £5 15s to £8 12s 6d; heifers, £2 Gs Gd, £3 10s, £4 to £4 4s; cows, 395, £2, £2 Bs, £2 10s, £2 12s Gd, £2 14s Gd, £2 18s, £3, £3 2s Gd, £3 11s, £3 17s, £3 19s, £4 to £4 13s; runners, SOs. Store sheep: 4 and 5-yr. ewes, r.w. >S.D. rams, 23s 3d, 255, 25s 3d, 25s 9d. 25s lOd; 4-yr. .do., 23s to 24s lid; 2-th.

do., 26s 2d, 2Ss 5d to 30s 6d; 5-yr. do., 22s’ 2d; ewe lambs, 11s 7d, 16s to 23s 3d; rape lambs, 11s, 11s sd, 11s lOd, 12s, 12s 3d to 14s; b.f. lambs, 12s, 15s 9d, 10s 4d to 16s Od. Store cattle: Weancr heifers, 16s, 17s Cd, 20s to 31s Od; cows, 15s, 22s 6d, 255, 265, 275, 30s, 335, 345, 36s to 395; 2J-yr. P.A. steers, £4 12s Od, £4 13s 6d to £4 17s Cd; 20-nios. P.A. steers, £4 to £4 8s; P.A. steers, £5 7s Gd; empty heifers, £1 Ss, £1 16s to £2 ss; 20-mos. P.A. heifers, £2 ISs; wcaner steers, £2 7s; weancr P.A. heifers, £1 14s. Dairy stock: Springing heifers, 31s, £2 10s, £3 2s 6d, £3 15s, £4, £4 ss, £4 17s Gd, £5 2s Gd to £5 10s; springing cows, £2, £2 ss, £2 10s, £3, £3 10s, £4 10s to £5 15s; cows in milk, 25s to 27s Gd; heifer in milk, £4 7s Get

TOPS MARKET RESTRICTED, BRADFORD, June 7. Business in the Bradford tops market b restricted and prices are irregular. Latest quotations are as follows: — May May May Juno 17. 24. 31. 7. d. d. d. d. Seventies . i!7 304 351 34 Sixty-fours . . 35 314 334 314 Sixties .. . . 33 h 33 324 301 Fifty-sixes , .. 241 24 24 234 Fifties ., . , IS IS 17 lti-1 Forty-sixes . . 13J 33i 321 12 Forties .. . . lli Hi It 10