COMMERCIAL

Northern Advocate, 3 May 1933, Page 10

COMMERCIAL

FRANKTON STOCK SALE 1 1 i HEAVY YARDING OF LAMSS. PRICES IMPROVE SLIGHTLY. | BEEF VALLES STEADY. (Special fro “Northern Advocate.”) HAMILTON, This Day. The Farmers’ Co-operative Auctioneering- Company, Ltd., reports that at the Prauktou stock sale yesterday all classes of sheep were yarded in largo numbers. Prices for wethers remained Jinn at late rates, and values for owes were unchanged from last week. There was an extra heavy yarding of fat lambs, which showed a. slight improvement ou recent quotations. An average yarding' of ox beef met with good c.ompetiton, prices remaining very /inn. Values for fat cows and heifers showed a slight easing tendency. Late rates were maintained for a moderate yarding of store cattle. A heavy yarding of fat pigs met with a steady sale at late rates. The following values were realised: —

Sheep.—Heavy prime fat wethers,. 15/ to 1(1/; medium, 12/ to 10/; heavy prime fat ewes, 0/ to 0/(1; light, 0/0 t) 7/0; heavy fat lambs, 10/ to 10/.10; medium, 1.1/ to 12/0; light, 0/ to 10/. •‘Caltie. —'Medium fat steers, £5 to £5 S/; Tight; £0 15/ to £4; heavy fat cows, £0 10/ to £4; medium fat cows and heifers, £0 2/(1 to £0 11/; lighter, £2 2/ to £2 15/; heavy second quality cows, £1 10/ to £2 5/; boners, 1(1/ to 2S/; bulls, £1 .10/ to £O.. Pigs.—Choppers, £1 11/ to £1 0/; heavy haeoners, £2 to £2 5/; medium, 05/ to 00/; heavy porkers, 27/ In 00/; medium, 24/ to 2(1/; stores, 10/ to 17/; slips, S/ to 11/C; woaners, 4/ to 7/(1. WOOL DISPOSAL. SYDNEY SERIES.

HIGHER RATES SUSTAINED

SYDNEY, May 2

At. the Sydney wool sales today (19.‘10 bales were offered, and 0.1 OS were sold; also, 39(5 bales were sold privately. There was brisk competition, and prices were very firm at the recently improved levels. Greasy merino sold to 13.1 d. P.R ADFORD TOPS. FIRM MARKET REPORTED. LOXDOX, May 1. The Bradford tops market is firm, and fair business is passing, especially in liner sorts. PEDIGREE JERSEYS. SALE AT OH.AFPO. (Special to "Northern Advocate ") HAMILTON', this Day. Messrs Wright. Stephenson and Company, Ltd., report that yesterday a successful dispersal sale of Alfalfa Jerseys was conducted on behalf of Air F. J. Snxby, of Ohaupo Road, Hamilton. There was a large bench of buyers, and the SI head sold averaged ISA guineas.

The host price \v:is 71 guineas, paid by .Mr .1. R.-Sheenan, of Papaknra, for tilG yearling hull, Alfalfa ’Combination. A six-year-old row, Glonviow Danae, was sold to Mr H. Strawbridge, of Cambridge, for 47 guineas, while Alfalfa Nobility, a yearling bull, was purchased by Mr C. L. Bailey, of Taurauga, for -it) guineas. N.Z. NEWSPAPERS, LTD. FINAL DIVIDEND. (Special to “Northern Advocate.") AUCKLAND, This Day. A not. profit of £.°il,Co7 is disclosed in the accounts of Now Zealand Newspapers, Ltd., for the past year. With £. 0 .(»3v brought forward, £.‘11,244 is available for distribution. A (Inal dividend of 21 per cent is recommended, making 1 per cent for the year, which absorbs £29,121. The balance, fill .19, is being carried forward. During the year mortgage indebtedness of £28,000 was reduced by £12,000, and £IOOO was added to the investment account. The dividend is at the same rale as the previous year. FARMERS’ TRADING COMPANY. PREFERENCE DIVIDEND. The linal dividend on Farmers’ Trading Company A and I! preference shares will be paid at the'rale of 7 per cent per annum, less the statutory reduction of 20 per cent, on May .‘ll.

MINING NEWS. MANAORR’S RLPORT. Dawn of Hope (Thames). —Sloping was i out inur'd on the wail iirnnrli of (he Coldon Aip- loof. .\ 1 tliono>i no ph-ked slnne was obtained colours nl' <;old wore soon in (ho stone broken, whioh lias lioon saved Co l ' treatment. Timbering and oloan'nuj out the lower level in the Waiolahi ('reel; has been eom|delod, and. the level is now in good repair. EXPOETED APPLES. PRICKS FOR N.Z. LOWLR. LONDON, May I. Heavier supplies of apples are caus,in«•" prices to decline. The RangitikiC New Zealand shipment sold as follows: —Coxs, 8/(5 to 11/(i; Dunns, 10/3 to 11/fi; Delicious, 10/0 to 11/3; Jonathans, 8/0 to 11/0.