COMMERCIAL.

New Zealand Herald, Volume LXI, Issue 18692, 24 April 1924, Page 5

COMMERCIAL.

FOREIGN EXCHANGES. Australian and N.Z. Cable Association. (Reed. 6.5 p.m.) LONDON. Anril 22. The following rates on foreign exchanges are current to-day, as compared with the cabled Quotations on April 17 and par ;— "April 22. April 17. Par. New York (dol.) . . 4.301 4.35 4.868 Montreal (dol.) . . 4:47 4.44* 4.868 Paris (fr.) . . .. 66.10 69.65 25.235 Brussels (fr.) . . 75.95 811 25.225 Rome (lire) . . .. 98| 981 25.225 Stockholm (ltr.) . . 16.69 16.53 18.159 Christiana (kr.) .. 81.59 31.55 18.159 Copenhagen (kr.) . , 26.23 26.27 18.159 Calcutta (pence) . . 16 13-16 16 13-16 24 Hongkong (pence) 271 281 — Yokohama (pence) 22 221 241 The mark is quoted at 173 billions, to the nterling, compared with 19 billions on April 317. .

STOCK SALES. AUCKLAND. Alfred Buckland and Sons, Ltd., report:— The 957 sheep which came forward were insufficient for requirements, and met with a very keen, sale, values again advancing. Heavy prime wethers, £1 173 to £1 19s. (No extra heavy wethers offered.) Medium to hteavy prime wethers, £1 15s to £1 16s 9d; light prime. £1 12s to £1 14s 3d; heavy prime ewes, £1 lis 6d to £1 15s 3d: lighter ewes. £1 8s Cd to £1 lis.; other killable ewes, £1 4s 6d to £1 Bs. A small entry of lambs sold at higher values. Heavy prime, £1 lis to £1 14a Cd; lighter prim's, £1 83 to £1 10s 6d; light and unfinished, 19s to £1 6s 6d; 118 sola. Yesterday at our weekly Westneld fat stock market out supply of beef totalled 591 head, comprising 324 steers, 260 cows and heifers, and 7 bulls and stags. Th'are was a keen demand, and all choice and prime ox beef advanced from £1 to £1 10s per head. Heifer beef was also slightly better worth. Extra choicfe ox sold to £). 10s per 1001b.; choice and -prime, £1 7s to £1 9s; ordinary and plain. £1 3s to £1 6s; prime young cow and heifer beef. £1 Is to £1 6s; ordinary cow beef, 15s to £1; rough bkef, 7,i to 14s; extra heavy prime steers ranged in price from £15 to £1.6 7s 6d; heavy prime steers, £11 iss to £14 10s; lighter _prime steers, £9 10s to £11 10s; light prime steers, £7 to £9 6s; unfinished and small, £5 to £6 17s 6d; extra heavy prime young cows and heifers. £7 to £8 15s; heavy prime young cows and heifers, £5 15s to £6 17s 6d: lighter, £4 5s to £5 12s 6d; other cows, £.! 103 to £4; bulls and stafrs, £1 103 to £6 15s. Calves were yarded in less than avert.gV) numbers, with the result that there was a rise in values for all good quality runners ftnd vealers. Rough calves remained at prices *<3Qual to last week's. Heavy vealers made from £215 a up to £4 10s for an extra choice heifer: medium vealers, from £1 153 to £2 10s; light vealers, £1 5s to £1 14s; small and fresh-dropped, 5s to 18s; 154 sold. Pips came forward in average numbers, values advancing slightly on last wetek's prices. Heavy baconers, £4 to £4 9s; light and medium, £3 2s to £3 16a; heavy porkers, £2 16s to £3; light and medium, £2 2s, to £2145; choppers, ur> to £4 10s. Only a few store pigs yardod. these selling from £1 5s up to £1 19s; 355 sold.

Dalgety and Co., Ltd., report having held their weekly sale of fat stock at Westfield on Wednesday, as under:— Beef: A large yarding. Prices, for , good beef showed ft sharp increase, owing to the scarcity of good-quality cattle. We Quote: Eirtra choice ox, 80s per lOOlb: choice and prime, Ms to 29a; other, 2'2s to ■ 255: prime young cow and heifer beef, 33s to 26s per 1001b; other, 15s to 225. Sheep: A short market, and prices showed a good increase. Extra heavy prime wethers, 88 9d to' £2; heavy prime wethers, 57s 3d to SSs (3d; medium prime wethefs, 35s to 375: light prime, 32s 9d »o 34s 6d; email and unfinished, 50s to 32s 6d: heavy prime ewes, Sis to 33s 6d; medium prime ewes. 28s to 30s Gd; light, 25s 6d to 28s: unfinished, 18s to 24s fid. Lambs; A short markot met with keen competition. Hoary primo lambs, 30s to 52s 6d: medium prime, 27s to 295: light 22s to 255; unfinished, 18a to 215.. • Pigs: A short market sold readily at increased prices. Choppers, £3 to £5 15s; heavy and medium bacone.-s, £3 15a to £4 7s; light baconers and heavy porkers. £3 5s to £3 14s; medium and light porters, £2 10 3 to £3 4b. Calves: A medium yarding, prices better. Runners, £3 18s to £4 10s;; heavy vealers, £215 ato £3 15s: medium vealers, £1 18s to £1 Ms; light vealers, £1 to £1 IBs; smaller, 15a to 19s: fresh-dropped and small. 4s to 10s.

Th» New Zealand Loan and Mercantile An-noy Company, Ltd., reports:— Wo held sales of dairy and store cattle miring the past week at Westfield and Waiuku, all classes selling st late quotas tions. Wo —Beat dairy cows and heifers, £9 10s to £13 10s; others. £5 to £9 ss; aged cows a.nd inferior heifers, £2 to £4 15s; hulls, £1 10s to £4 10s: empty cows, £1 Es to £1 17s Cd; yearling- to 18months heifers. £1 5s to £2 10s: weaner calves, best 18s to 80s, others 9s to 17s: yearling to 18-months steers. £1 10s to £2 7s Cd; 2to 2J year steers, £210 ato £8 sa; 3 to 81 year steers, £3 10s to £4 10a; 4 to 5 year steers, £4 15a to £6 ss. At Westfield fat stock market, beef was penned In large numbers. Choice and good quality cattle, which were yarded in small numbers, showed a sharp rise in values of 3s to 4s per 1001b. _ All other classes were firm at late quotations.- We quote: Extra choice oxen, to 30s per 1001b: choice and prime oxen, 2Gs to 29s per 1001b: plain and unfinished oxen, 22s to 25s per 1001b: prime young cow and heifer beef, 23s to 26s per 1001b; other cow beef, lCs to ?2a per 1001b; rough beef, 12s to 16s per 1001b. Xo extra heavy prime steers were penned. _ Heavy prime steers £12 to £13 15s, medium £10 to £11 17s Cd. light £8 to £9 15s, smaller and unfinished £5 .10s to £7 15s; heavy | prime cows and heifers £7 15a to £8 17s Cd. medium £G 15s to £7 10s. light £5 to £6 10s; other cows, £2 to £4 15s. Sheep were penned in less than average numbers, and sold at improved values. Heavy prime wethers 87s 6d to 38s 9d, medium 35s to 87s. lifirht 338 3d to 34s 9d, smaller and unfinished 803 to 335; heavy prime ewes , 32s to 35s 6d, medium 28s Cd to 31s 9d. lif'ht 20s to 283; inferiorly fatted, 15s to 24a. Lambs, penned in small numbers sold readily. Heavy prime lambs 27s to 29s Cd, medium and light 23s to 26s 9d: unfinished, best 18s to 225, others 12a to 17s 6d/ Calves were penned in average numbers, prices for good nullity calves improving on last week's quotations. Runners, £4 to £5 9s; heavy vealers, £2 15s to £3 12s; medium vealers, £1 18s to £2 14s: light vealers. £1 to £1 lGs; smaller, lis to 18s; small and fresh-dropped. 4a to 10s; rough calves. 8s to £1. Piss' were panned in less than average numbers, and sold under keen competition, prices improving. Choppers, £3 to £3 10s: heavy and medium baconers, £3 16s to £4 9s; light baconeis and heavy porkors, £3 5s to £'• 15s; medium and light porkers. £2 12s to £3 8s; large stores, £1 Ga to £1 10s; slips, £1 to £1 3s; weaners, 83 to 16s. j

ADDINGTON. ["BY TELEGRAPH. —PRESS ASSOCIATION.] CHRISTCHURCH. Wednesday. The railway strike did not seriously affect entries at to-day's Addington market, as the '24 hours' notice was sufficient to enable fair quantities of fat stock to be a riven in from Jarms in close proxiintiy to the city. Fat cattle comprised an ordinary yarding, but there was a small entry at tat sneep and fat lambs. JLheao brought "hot" prices, some classes of sheep showing an advance earlier part of the sale by up to 12s per head. Later the demand slackened, # but the average improvement on the previous week's rates was from 7s to 8s per head. tat cattle sold briskly at the outset, but also eased later. It is expected there will bo little difficulty in fully providing the fresh meat requirements of the city during the strike. Store Sheep.— was a very small entry, mostly Poverty Bay ewes. Medium class ewes were cheaper, but wethers and lambs sold up to recent rates. Good four, six and eight-toothed Romney cross ewes, 32* Od; ordinary, 27s 6d to 27a lOd; fail-ing-mouthed lialfbred e>we ß .27ald: twotoothed Romney cross ewes, 31s 8d: halfbred wether lambs, 19s 6d to _ 21s; crossbred wether lambs, 18s Gd; inferior four, si* and eight-toothed wethers. 23a 9d. Fat Sheep.— was little more than half the ordinary yarding, including fat lambs- The sale was very spirited, wethers making 9d alb in cases. Extra prime wethers. 495; a few special. 63s ■ lid: prime. 41s to 458; medium. 37s to 40s 6d; light. 82s 6d to 365; extra prime ewes. 50s; prime, 34s to 375; medium, 80s to 335; light, 2tts 6d to 29s 6d; old, 21s to 25s Fat Cattle.—The total yarded was 342, a heavy proportion being well-finished, for which there was a good market. .Best beef, 32s 6d to 3Gb per 1001b; medium. 26s to 325; extra prime steers, £16 ss; prime. 12 5s to £15; medium, £10 to £12; light. .£6 to £9- extra prime heifers, £12 ss; prime, £7 15s to. £10; ordinary, £5 to £7 10s* extra prime cows, £11 17b Cd; prime £1 to £9 ss; medium. £4 us to £6 10s: old. £3 to £4. was. small and there dealers.—The entry was small and there was a keen demand. Prices advanced for all sorts. Runners brougnt to £4 12s 6d; rood veaiers, £3 to £4; good calves. £2 to £3 ss; small, 10s to £1 7s 6d Store Cattle.—There was a small entry, mostly aged cows and nondescript sorts. Old cows made from £2 to £1 10s, and better sorts £2 10s. Practically no other lines sold. , , Dairy Cattle.—The number penned was 54 and the demand showed a slight easing, but good springing heifers sold fairly well. Best second and third calves, springing, £7 to £8 10s; others. £5 10s to £6 15s; best springing heifers, £8 to £11; others, £C to £7 10s; backward calvcrs and cows in milk. £1 10s to £4. ' Fat Pics.—The entry was small and there was a slack demand for baconers, but a keen demand for porkers at. the start, with n. fall away toward the finish. Choppers, #2 10s to £4; light baconers, £3 12s to £4- heavy. £4 5s to £4 15s; average price per'lb, fijd to 7d; light porkers, £2 to £2 10s; hea'T. £2 Jss to £3 8s; average price per lb, 7M to Pi , Store Pigs.— was a small entry and the demand was very alack. WeanerS. tn to 10s. extra good, 14s: medium stores. 25s to 28s.