COMMERCIAL

Northern Advocate, 16 August 1933, Page 10

COMMERCIAL

FRANKTON STOCK SALE | HOGGETS ADVANCE IN PRICE, j PAT EWES DECLINE. 1 I ' ! BEEF VALUES STEADY. (Special to “Northern Advocate.”) I HAMILTON, This Day. | The Farmers’ Co-op. Auctioneering! Co., Ltd., reports that at the Frankton stock sale yesterday hoggets were I yarded in larger numbers, and prices were in advance of those realised last,/ week. There was an extra large yarding of fat sheep, mostly ewe mutton, and prices declined by approximately 2/ a head all round.

An average supply of ox beef came forward, with no alteration on Inst week’s values. Cow and heifer beef again came forward in good numbers, the quality being up to that of recent yarding?;. Values for prime quality heifer beef .remained unchanged, while those for cow beef were slightly easier. Owing to the reduction in the freezing schedule second quality and boner cows showed a decided drop. A heavy yarding of vealers and runners also eased on last values.

A "ood yarding of fat pigs, came forward, values for baeoners being slightly firmer. Another heavy yarding of store and wearier pigs sold at rates on a par with last quotations. Sheep.—Heavy prime wethers sold at 24/0 to 25/2; medium, 21/ to 22/8; light, 18/(1 to 10/5; heavy prime maiden ewes, 21/ to 22/(1; prime, 22/(1 to 22/10; heavy fat, 20/ to 21/0; medium, 17/ to 18/0; light, 14/(1 to 1(1/0. Cattle.—Prime quality runners, £4 to £4 IS/; smaller, £2 17/ to £0 (1/; vealers, £2 to £2 :">/; medium fat steers, £5 4/ to £5 14/; light, £4 5/ to £4 .12/; prime fat heifers, £4 4/ to £4 I.'/; prime fat coavs, £4 2/ to £4 S/; medium fat rows and heifers, £0 10/. to £0 IS/; light, £2 10/ to £3 S/; boner eows, 14/ to 22/; two-year Shorthorn steers, £2 2/ to £2 (1/.

Pigs.—-Medium baeoners, OS/ to £2 1/; light baeoners, 0.1/0 to 07/(1; heavy porkers, 00/. to 05/; medium, 2(5/ to, 00/; good stores, 18/ to 22/(5; slips, 14/(5 to IS/; weaners, 8/(5 to 10/(1; Tamwovth Cross sows, backward, £0 to £4; large White sows, to £4 (1/,

. TALLOW AND FRUIT. HIGH COMMISSIONER ’S REPORT. The Department of Agriculture has received the following cablegram, dated August 12, from the High Commissioner for New Zealand, London:— Tallow.—The spot market is quiet and unchanged. Slightly easier for forward shipment.

“Hemp.—Manila: Fair business done at lower prices. K grade for AugustOctober shipment, closing value £ls 17/(1, Sisal: The market is quiet but firm. Value of No. 1 for Angust-Octo-ber’shipment, £l7 17/0, and December.Tanuary shipment sold at £lB. New Zealand: There is a steady tone. Nominal value for August-September shipment on the basis of high points, £ls. No first-hand sales recorded.

Eggs.—The market is firm with an upward tendency. English: National pack, 14/(> to 16/6; ordinary pack, .12/(3 to 12/6; Danish, 8/6 to 11/6. Fruit.—The market is weaker and business is limited owing to large quantities of Australian still on the market and arriving until the end of August. Now Zealand prices; Apples, Grannie Smith, 12/ to 15/6; Dougherty and Tasma, 0/ to 10/; Delicious and Winesap, 8/ to 9/; Stunner and Cleopatra, 7/6 to 8/6; Jonathan and Rome Beauty, 7/ to 8/; Statesman and Ballarat, 7/ to 7/6; Dunn’s, 6/ to 7/; Otago, Jonathan, 8/ to 8/6; Delicious, 8/. Pears, Peter Barry, 12/ to ~12/6. A London cable of the 14th states that the apple market is very dull. New Zealand stored are quoted ns follows:—Statesman, 4/ to 7/6; Delicious, 6/ to 7/2; same (wasty), 2/ to .">/.

MINING NEWS. MANAGER’S REPORT. Dawn of Hope (Thames). —Drivingon No. 2 loader in the crosscut has been in' hand both seaward and hillward. In the seaward drive the face is out from the crosscut 8 feet. The loader is now pinched, but is showingnice colours of goßl. On the hillward side we have driven 4 feet. The leader here is about 2 inches in size and when broken down shows blotches of gold.

BONDS AND SHARES. AI T ST R A LT A N TRANS A CTTONS. SYDNEY, August I.'. On tlio Sydney Stock .Exchange today bank shares held fully their re-cently-improved posilion. Belter-das'! industrial shares were steady. Commonwealth bonds were irregular, but mostly firmer. There was considerable activity in gold shares. Morning sales Included:—Commonwealth 4 per cent bonds, IDAS, £lO.l 10/; 1941, £lO9 12/6; Commercial Bank of Sydney, £18; Australian Gas, A shares, £7 7/; Henry Jones, 38/9. Afternoon sales included:—Bank of N.S.W., £.‘t. r ! 10/; National Bank, £.l paid, £0 8/6; Burns Philp, 52/0; Associated News, Anthony Horden, .10/4; ditto, preference, 19/9; British Tobacco, 35/9; Australian Gas, A shares, £7 7/; Berlei, 27/; Henry Jones, 38/9; Australian Iron and Steel, preference, 15/9; Goldsbrough Mort, 28/; Dunlop Perdrean, 18/3; Tooth’s Brewery, 38/6; Toohey’s Brewery, 23/6; Bulolo Gold, 88/3; Bulolo De-

posits, 2/3; Mt. Morgan, -10/; Broken Hill Pty., 37/11; South Broken Hill, ■LS./d, Melbourne sales included. —Coimneceial Bank of Australia, Id/'u Goldsbrough Mort, 27/9; Dunlop Perdrcau, 18/4; Herald and Weekly Times, 4:"/; English, Scottish and Australian Bank', £3 ILL ACTIVE DEALINGS. LONDON STOCK EXCHANGE. (British Official Wireless.) RUGBY, August M. There was considerable activity in the gilt-edged section of the London Stock' Exch-ange today. During early dealings, war loan, 31 percent, returned to par, but later reacted to £99 LS/9. Several substantial rises were recorded in gold-mining shares, and there were active dealings in the new Australian loan, which strengthen cd to 2 3-S premium. The new Canadian 4 per cent also reached a premium of 2 AS.

GOLD AND SILVER. LONDON, August U. Fine gold is quoted today at £(i 4/8 an ounce. compared with £(> 4/S I Oji Saturday. Silver is quoted at 17 13-lfid an ounee spot, and 17 7-Sd forward, compared with 17. 7-Sd and ISd on Saturday. The quotation for silver at per fine ounce is 10 3-lfid, compared with 10 3-Sd on August 11. THE AUCKLAND MARTS. U.S.A. ONIONS ARRIVE. (Special to “Northern Advocate.”) AUCKLAND, This Day. Current quotations at the marts are as follow.— Apples: Delicious, 3/ to 4/(1 case: Brighton, 4/ to (i/(i; Ballarats, 4/0 to <>/(>; Stunners, (1/ to S/; Munroes, 4/ (i/; Cranny Smith,-(1/ to S/tl. Pears: Coles, 7/(1 to 0/; Nelis, 7/(1 to 10/; P. Barry, 0/ to 0/. Oranges; Californian, 2(1/ to 28/; Island, repacked, lfl/(l to 24/. Grapefruit; New Zealand, large, 4/ to 4/(1; small, 2/(1 to 11/j Californian, 112/(1. Tomatoes: Island, outdoor, LI/ to 13/fi; hothouse, to 25/0. Bananas: 1.°./ to 10/. Tree tomatoes: New Black, ,">/ to 7/; 'others, 2/(5 to fi/. Lemons: Tree ripe, 3/ to -5/; choice ci:red, (5/(1 to 8/; coconuts, 12/(1 sack. Vegetables. A shipment of onions from the United States arrived to a market already over-stocked with Southern as well as local grown. Quotations are:—Potatoes, (1/ to 8/ cwt, new lld to 3d per lb; swedes 2/ to 3/ hag; onions, 1/ to 3/(1 hag; knmaras, Tauranga, 3/ to 4/ hag; cabbages, 2/ to (1/(1 sacks; cabbages, on ■benches, 1/ to 3/d dozen; cauliflowers, 2/(1 to 4/(5 sacks; cauliflowers, on benches, fid to 2/fi dozen; pumpkins, 2/ to 5/ cwt; cucumbers, 3/ to .1/(1 dozen; carrots, fid to 1/ dozen, or 2/(1 to 3/ bag; parsnips, Od to 1/3 dozen; beet, 0d to 1/3 dozen; turnips, 3d to fid dozen; radish, fid to 0d dozen; spring onions, 3d to fid bundle; spinach, fid t) lOd dozen; leeks, Id to 3d bundle; French beans, Od to 1/3 lb; marrows, 1/ to 3/ dozen; melons, fid to 1/3 each; lettuce, 1/ to ;>/() case; celery, cooking, (>d to 1/ bundle; celery, dessert, 1/fi to 3/ bundle; rhubarb, 2/(1 to (1/ dozen.

Poultry. Cockerels; Heavy breeds, prime, 4/ to 5/ each; not prime, 2/0 upwards; lifflit broods, prime, 2/0 to 4/; not prime, 2/ upwards. Fat roosters: Heavy breeds, prime, 2/ to fl/; -light breeds, VO to 2/. Fat hens: Heavy breeds, 2/0 to 0/0; light breeds, l/(! to 2/0. Pullets: Heavy breeds, best 3/ to 4/; smaller, 1/9 upwards; light breeds, best, o/ to 3/0; smaller, 1/6 upwards. Drakes: Young, prime, 2/ to 2/6; old, 1/3 to 1/0. Ducks: Young, 1/0 to 2/, old, 1/3 to 1/0. Turkey hens; 4/ to 0/, Gobblers: •>/ to S/. Guinea fowls; 3/0 to 4/0. Eggs and Butter.

•Supplies of eggs have proved about equal to the demand. Duck eggs are coming in more freely. Quotations oro:—First grade hen ami duck eggs, lUd per dozen; H grade, 10Id; C grade, Old. Farmers’ butter, Od to lid per lb.'