COMMERCIAL

Northern Advocate, 7 June 1933, Page 10

COMMERCIAL

FRANKTON STOCK SALE LAMB PRICES RISE. FAT CATTLE IMPROVE. 1*1(1 MARKET BETTER. (Special to ‘‘Northern Advocate.”) HAMILTON, Tills Day. The Fanners’ Co-operative Auctioneering Company, Ltd., reports that at the Franklon stock sale yesterday there was a decided improvement la the rates tor lanihs. One line ot prime shorn lambs averaged Ll/llh There

was an average yarding of fat sheep, with slightly more wethers than ewes. Wethers met with good competition on a linn marked, while ewes sold

readily at Fate rates. A smaller number of fat cattle was penned, prime (pialUy showing an in crease on late rates. The demand for cow and heifer beef was also firm. A short yarding of fat pigs sold at rales in advance of those ruling last week.

Store pigs met with steady enmpetition, values remaining firm at late rates. Quotations: —

Sheep.— Prime fat wethers sold at 15/d to 1(5/1; heavy fat wether, 14/(5 to 15/; medium, 1/(5 to lighter, .11/ to 11/7; prime fat maiden owes, 12/3 to 1 1; heavy fat owes, 0/8 to 10/S; medium, 7/(5 to 8/d; prime fat Lambs, 14/(5 to 14/11; medium, 13/ to I;*,/!); light, 10/(5 to 11/.'F Fat cattle. —Heavy fat steers, All 17/ to £7 4/; medium, £5 13/ to £(! heavy fat cows, £3 10/ to £4 (i/; medium, £3 3/ to £3 11/; lighter, £2 >9/ to £2 Id/; heavy boners, 21/ to 20/; lighter, LI/ to IS/. Pigs.—Heavy choppers, £2 to £3 I/; lighter, 20/ to 30/; heavy bacouers, 43/ to 40/; medium, 40/ to 44/; heavy porkers, 2!)/ to 33/; medium, 25/ to 28/; stores, 12,/d to 15/d; slips, 0/ to 12/: wen tiers, 5/ to 8/.

DAIRY PRODUCE

the p.OAKD’s pepopt. Tho New Zealand Dairy Produce 'Hoard lias received 1 lu* follow iu ; " market report from its London office, dated June 2: — Hotter. —New Zealand, salted, 7N/ to SI/; nnsalted, SO/, S2/ to S-l/; first whey, 74/; second whey, 12/. Deliveries, New Zealand, Idxd tons; in store, DIDO tons. Australian, salted, 77/ to 70/; nnsalted, 7S/, SO/ to SI/. Deliveries, Australian, Idld tons; in store, 0700 tons. Argentine, nnsalted, 71/, 70/ to 7S/. Danish, 07/ 1'.0.h., S 7/ to SS/ spot. Dutch, nnsalted, SO/ to 00/. Latvian, salted, 7S/. The market is (inn. TJetail prices nnchanged: New Zealand, 10d; Danish, 1/; Danish retail prim*, lid, very general in North of England. The Empire Marketing Hoard's estimated stocks of all butters in store, 25,541 I ons.

Cheese. —Now Zealand, white, -17/<i to l.s/; coloured, ">;•./ to .14/. Deliveries, Now Zealand, 18,011 crates; in store, 1.17,."1iD crates, Canadian, while, (if!/ to HS/; coloured, VI/. Deliveries, Canadian, -I7IH) boxes; in store, (51,2-19 Imxes. Knglish finest fanners', SO/ to 193/. The market is steady. Retail price* unchanged. New Zealand (Id.

The Board has also received the following .advice from its agents in Canada:—Butter: New York, 22 cents; Montreal, 181 cents. Canadian stocks, 1(5,oOO boxes.

MINING NEWS. GOLDEN SANDS YIELD. (Per Press Association.—Copyright.) CIIRISTCIIURCIT, This Day. Holden Samis, Ltd., (Barrytown, West la ml), reports a return of 02 ounces 10 pennyweights for eleven days’ sluicing. MANAGER ’S REPORT. Dawn of Hope (Thames). —The crosscut toward the Ruben Parr reef and Christie’s leader is now in 12 leet. Progress was slightly retarded owing (o a (inn licit of country. We now appear to have passed through this and the country in the face is now of a mild nature, and should this continue we should make better progress. During the week Messrs -Sarieh and Cropp secured a few lbs. of nice picked stones.

BONDS AND SHARES. Al' STi: AM A X Tl{ A XSA C'T lOX S. SVDXKV, June (!. On I lie Sydney Stock Kxchanye today the in;ifk(,‘i opened briskly, and \ aloes were (inner Ilian at the weekmid. Huyiny orders for industrials u( i re dillicnlt lo execute. liven where advanced rales wen 1 indicated, holders seldom were Induced to realise heavily. Hrewery shares went further ■'•head, and pastoral shares, owlny to the prospective rise in woo! values, were in demand at enhanced rates. ''oin mo n wen 11 h bonds were puietly traded in on a steady market. Morniny sales included: CommonIth I per cent bonds, 1£11) t 111/: 101 1, £10:; Id/; hh;l, £lO I; Commercial Hank of Sydney, £lO 17/0; Associated News, !)/:!; ditto, preference, 10/0; Australian Class, o(l/0; Wilcox Mofllin, 7,5'.; Tooth's Hrewery, A'.)/1 *.

Afternoon sales included: Hank of New South Wales, £.‘sl HV: Commercial Hank of Svdney, Alt' 17/'0; Cnion Hank, £s d/1; Queensland National Hank, £d .I/; Coloniiil Sugar, £o'.i Hi/; Howard Smith, .10/2; Associated News, <)/7; ditto, preference, 19/1'; Australian tins, A shares, £7 •V: Australia.n Class. SU/0; Dun lop

Herdreau, IS/KU; Goldsbrough Mort, 20/; British Tobacco, dO/; ditto, New Zealand delivery, dd/HD.; David Jones, do/; Greater J. D. Williams, 0/9; Electro Zinc, 20/2; Henry Jones", dt)/0; Hitt, Son and Badgery, d.S/; Winchcombe Carson, dd/0; Wilcox Afofftin, 7/d; Standard Cement, ld/0; Mount Lye 11, 22/1 (K; Broken Hill Pty., .44/.101; South Broken Hill, dd/9; Zinc Corporation, d 1 /. Melbourne sales included: —Commercial Bank of Australia, 10/1; Goldsbrough Mort, 20/; Herald and Weekly Times, A 7/0; Dunlop Perdreau, 18/9; ML Lyeil, 22/9.

TALLOW, HEMP, ETC. HIGH COMMISSIONER’S (’ABLE. The Department of Agriculture has Received the following cablegram, dated dune 2, from the High Commissioner for New Zealand, London;— ’Tallow. —Market firm. Spot quotations nominally unchanged. For shipment higher prices are being obtained. Hemp.—Manila: Market steady. “K” grade for June-Augnst shipment sold at £l(s ~>/, and for August-Oeto-ber shipment £l(s Id/. Sisal: Market remains firm. No. I, for .Tune-August shipment sold at £l7 7/(5, 1 closing value £l7 10/. August-Oetober shipment quoted buyers £l7 Id/. New Zealand: Market quiet. Value for June-August shipment on the basis of highpoiuts, £l4 10/, and rejected £.ll d/. No first hand sales reported. Peas.—Maples; Market quiet but firm. Value of No. 1 New Zealand, for dnne-duly shipment, 4G/G; and of fair average quality, 42/G. Sellers asking 1/ more. Tasmanian, for dune-, duly shipment, 4G/G to 47/. Blues: Market continues weak and neglected. APPLES AND PEARS.

LONDON PRICES LOWER. The Department of Agriculture has received the following cable, dated June 2, from the High Commissioner for New Zealand, London: — Apples ex Mataroa cold, lint so far in good condition. Market weakening under excessive arrivals of Australian and Tasmanian apples, which are this year in splendid condition. General range of Tasmanian apples, which are this year in splendid condition. General range of Tasmanian price ~>/ to 7/. New Zealand prices: Apples.—Granny Smith,]!/ to 13/9; Stunner, 11/G: Jonathan, Delicious. Dunn’s Favourite, 9/ to 9/G; Statesman, 9/G to 11/; Cleopatra, 9/ to 11/: Ballarat and London Pippin, 8/,“. to 9/; Rome Beauty and Premier, 8/ to S/9.

Hears. —Winter Cole, 8/ to 9/3; Httrrinylons, S/0 to S/t); I’, Barry, 11/; Hetirre Clairyean, !)/■* to 9/9; Winter Cole (:|VI, !•/ to 9/9; Winter Xelis (;J 's), 12/; llenrre Hose (A’s), 11/; Henrre Clairyeau (per bundle), 9/; Cornice (trays), 11/.'!; Henrre Hose (per bundle), 8/; Josephine, 0/.