FINANCE AND TRADE.

New Zealand Times, Volume XXXII, Issue 7019, 6 January 1910, Page 6

FINANCE AND TRADE.

YESTERDAY’S STOCK SALES. johnsonvillk. Abraham and Williams report -This jpah the fir.-it eale held cm u \V-alno.~d:iy. at 2 jj.in., wiib tho result that several new buyers were able to attend, the alteration r/f tho palj day proving very flaUatactory. We bad a largo entry of prime bullock# and rheep, which sold readily at Into rates. Prime bullocks £8 53 to £S 12s f,d, lie-iter £3. prime wethers 12s 6d to 12s ICd. lighter Us 6d to 113 9d, prims owca 10* 3d to lls, lighter 9s 6d, extra prime shorn lamb? 9s 7d to 9s lid. medium -.voolieu lambi 12h 2d to Us 9u. OTANL Dalgety and Co. report:—A small yard1m- of sheen mid a ‘Amftioif rwv^~w'h"ffcrs ,d W U 13-moJ>ths heifers (- 'v-j ealvss .£2 7j £■<!, store oowsi ZV ts,' forward cows A 3 7b, heifers in call .£2 Uh Cd. yearling heifers (small) 28s, t ails s«s to £J. ALDINGTON, rnF.afl ASSOCIATION*. CJiiIUSTCirCECU. January 5 was a- moderate yarding of store sheep at Addington to-day. made up chiefly of two, four, mid bis-touth wethers, with a few pens of aged owes with lambs. I’or bettor class wethers there was au improved demand at slightly higher prices; medium anti inferior withers sold at late x’atcs. Forward four-tooth wethers made 12s to 12s 3d. medium two-tooths 9s Cd to 10s 6d. small and low-conditioned 8s lid to 9s 3d. Tho better sorts of ewes and lambs made fs 2d to 6s lOd. inferior 5a to £s Id. ail counted. Some Bina.ll lota of two and four-tooth ewes v/cro passed at 12s Cd to 13s. A pen of Down cross rape lambs sold at 9s 2d, a many lines of which were of light and inferior quality, and could have done with another three weeks or a month on feed. There was gcx>d demand for export, an outside speculator taking a number of the highest priced lambs. Average weights showed a rise of about 3d per head on last week. Heavy weights and tegs, for which exporters came into competition with butchers, advanced fully Is per head. Light and inferior lambs sold, better by fid to la per head in some cases. There were 2704 kumbs taken for export at 11s to 13s 9ci for best, and 7a 8d to 10a fid for lighter; 735 were bought by butchers at prices ranging from* 8s 7d to 13a fid. There was a fair yarding of fat sheep, and both wethers and ewes showed an iraprovoxnent on last week's rates, some business being done In wethers for export. Tho rise in values was eccual to about la per bead, and in some aacs wethers showed an advance of la to 2s per head. Prime wethers 14a to Ifis ICd, lighter 12a id to 13a fid. prime ewes 12s- fid to 15a Id. medium, 10a to 12s, aged and light 7s 3d to 9s fid, merino wethers IDs fid. Thera were only 168 head of fat cattle penned, of average quality. There was again a weak demand, and sales were difficult to effect. The bulk of the yarding was supplied by dealers. Steers made £6 15a to £lO, heifers £5 to £B, cows £4 17a fid to £6 17s fid—equal to 19s fid .to 2Ti fid for prime, IBs fid to 19a for medium, and 17s to 18s for cow and inferior beer per 1001 b. ~ . A email entry, of veal calves sold at 4s fid to 50a. _ There was a medium entry of store cattle. Yearlings made 31s, 15 to 13mouths £2 5s to £3 ss, two-year heifers £3 7a to £3 10s, steera £5 (passed), three year steers £S 5s to £6 9s. three year heifers £4 15s. thirteen cows with calves £6 Ss, cows £3 14s 6d, dry cows 33s to £3 Bs, dairy cows £3 10s to £3 10s. _ Tho entry, of fat pigs was a small one. and at the opening of sale prices were better by 2a to 3a per bead, but later on Tallies receded to last week s level. Stores were dull of sale, only small and medium sorts being offered. Large baconers made 40s to 475. and lighter 35s to 39s (equal to 3Jd to 43d per lb), porkers 32s to 38s for large, and 25s to 30s for smaller (equal to 4id to 43d per lb), medium stores 20s to 245. smaller 4» to 18s. weanora Ba-fid to 12s, PRICE OP SUGAR RAISE®. FSXSfi ASSOCIATION. AUCKLAND, January 5. Tho Colonial Sugar Company has raised tho price of sugar 5s per ton from today. LONDON FINANCIAL CABLE. By Telegraph—Press Association—Copyright. LONDON, January 4. THE SHABKMAKKET. Australian and New Zealand Mortgage, ■£93. Others unchanged. COMMmCXAL CABLES. LONDON. January A. METALS. . Copper.—Supplies, 35.585 tons? deliveries, tons’; stocks. 109,022 tons; afloat, 3800 .tons, 1 EIGHT PER CENT. DIVIDEND. HBITXSIENDW' ZEALAND MEAT COMPANY PRZS3 ASSOCIATION. OHSISTCETTRCH, January 5. The sixth annual meeting of theßritiehNew Zealand Meat Company was held today. Tho accounts showed a \credit at profit and loss account of £3520 17s lOd for ten months. A dividend at the rats •of 8 per cent, was declared. REEFTON MINING RETURNS. GBEYKOUTH, January 5,. The returns from the Beefton mines are as follow: —Progress Min of, crushed 3376 tons yielded £4884 and oyanided 2678 tons yielding £1079; Wealth of Nations, crushed 1845 tons value £5963; Blackwater, crushed 2950- tons, value £6826. WAIHI GRAND JUNCTION. AUCKLAND, January 5. During December the Waihi Grand Junction, running ,22 days, crashed 4321 tons, valued at £9623. The Customs revenue received at Wellington yesterday totalled £2389.