COMMERCIAL

Northern Advocate, 26 October 1935, Page 15

COMMERCIAL

STOCK VALUES FEILDING VALUES IPer Press Association. — Copyright .] FEILDING, This Day. At the Feilding supplementary cattle fair, young run cattle sold at advanced prices, but two-year animals were not so keenly sought. There was a very good sale of fat cattle, but the dairy cattle, market was easier. Fat sheep were down 2/ a head. For store sheep the market was firm. Quotations:— Fat Sheep.—Fine fat hoggets, to 26/9; good sorts, to 23/; medium, 20/; fine heavy wethers, 24/; medium, tc 21/9; prime ewes, woolled, to 22/; fine maiden ewes, 26/; shorn ewes, .to 18/10; light, from 13/6; black-faced, from 20/6. Store Sheep.—Ewe hoggets, very good quality, 32/4 to 34/2; other good pens, 27/11; to 29/9; inferior, from 19/10;, wether hoggets, good lines, to 23/10; others, 18/9 to 23/6; ewes, with lambs, good, 34/2; others, 27/9 to 32/. Dairy Cattle.—Springing heifers, close to profit, £5 7/6 to £6 10/; others from £2 10/ upwards; springing cows, close to profit, £5 10/ to £6 10/; late calvers, £3 to £4; cows, in milk, £3 12/. Store Cattle.—Shorthorn bullocks, £5 4/ to £7 17/; steers, two-year-old, £4 18/ to £7 10/; two-year heifers, £4 4/; three-year steers, £4 18/ to £7 10/; cows, £4; Polled Angus cattle, three-year steers, £6 5/; twoyear, £4 5/ to £6 5/; yearling, £4 to £4 16/; Hereford-Polled Angus steers, £4 17/ to £5 13/; three-year heifers, 60/; two-year, to £5 5/; cows, £4 9/ to £7 15/; Holstein yearling steers, £2 17/6; two-year-old, £4 17/; cows, £3 12/6; Jersey yearling heifers, 38/ to £2 15/; Ayrshire heifers, to 48/; forward Jersey cows, to £2 15/; boner cows, to 38/; three-year Shorthorn steers, £4 18/ to £7 10/. Fat Cattle.—Prime Jersey cows, £5 2/6 to £7 10/; specially prime, £BS/; Shorthorn cows to £7 5/; Hereford cows, £6 11/ to £7 13/; Polled Angus cows, prime, £7 12/ to £8 10/; light, £5 16/ to £6 14/; Polled-Hereford heifers, £7 19/ to £8 17/; Jersey bullocks, £7; Holsteinijullocks, £ll 15/; cows, £7 17/6 to £8 12/6; PolledAngus bullocks, £9-to £ll 10/.

FRANKTON VALUES The Farmers’ Co-op. Auctioneering Co., Ltd., reports on the special cattle fpir held at the Frankton saleyards as follows: The advertised entry came forward, and competition was keen for grown steers. Two year and yearling steers met with a weaker demand than has been the case at other sales. This .-was also the same with heifers of this age. The 'advertised beef breed bulls met with fair demand, and most were sold at satisfactory prices. Quotations: — First condition grown Shorthorn steers, £9 1/; grown steers, £7 15/; four-year Hereford Steers, £7 11/; three-year Hereford store steers, £5 7/ to £6 4/; good two-year Polled Angus steers, £5 1/; • good two-year Shorthorn ahd Hereford steers, £4 TB/ to £5 3/; store -two-year Shorthorn steers, £3 16/ to £4; small yearling Polled Angus-Hereford steers, £2 13/ to £3 1/; empty Hereford cows, £4 5/; empty four-year Polled Angus heifers, £5 15/; empty twoyear Polled Angus heifers, £3 2/ to £3 12/, yearling, £2 18/; Shorthorn cows and calves, £6 7/; best yearling Jersey heifers,* £2 15/ to £3 3/; Jer-sey-cross heifers, £2 4/ to £2 10/; two-year Polled Angus and Hereford bulls, 12£ gns to 20 ghs; two-year Shorthorn bulls, 10£* gns to 11 gns; yearling Polled Angus bulls, 9i gns to 12 gns; yearling Shorthorn bulls, 5 gns to, 6 gns. . ' .

SHARLAND AND COMPANY PROFITS INCREASE. The accounts of Sharland and Co., Ltd., Wellington, for the year ended August 31 show a net profit of £12,906, against £12,068 in the previous year, and £13,441 in 1933. With £4472 brought forward, there is available £17,378. A sum "of £SOOO is placed to taxation reserve, and the year’s dividend of 5 per cent on preference and ordinary shares absorbs £6250, leaving £6128 to be carried forward. PRESTIGE DIVIDEND [Per Press Association. — Copyright. ] WELLINGTON, This Day. Prestige (N.Z.), Ltd., is paying a dividend at the rate of 6 per cent, per annum on preference shares for six months, ending September 30. The dividend will be paid on November 1. FIRM TALLOW MARKET The Bank of New Zealand Produce Department, has received the following advice from its London office, under date of October 23. The market for tallow is very firm. No public sales this week. Current quotations: Good mutton, 32/6 to 33/ per cwt; beef, 30/ to 30/6; mixed, 29/6 to 30/; gut, 25/6 to 27/6. TATTERSFIELD LIMITED 6i PER CENT. DIVIDEND. A net profit of £7708, compared with £6361 in the previous year, is shown in the accounts -of Tattersfield, Ltd., for the year ended September 19. Dividend is increased from 6 per cent, to 6i> per cent. Provision has been made for depreciation, and bad and doubtful debts. The dividend will absorb £3575, a transfer of £3250 is made to taxation reserve, and £350 is provided for directors’ fees, leaving £3640 to be carried forward, against £3107 brought forward. The retiring directors, Messrs E. S. Tattersfield, and R. G. Clark, offer themselves for re-election. The total assets are £10,696 lower at £98,395, the decline being accounted for largely by a decrease in stock.