COMMERCE AND MINING

New Zealand Times, Volume XLVII, Issue 10898, 12 May 1921, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. YESTERDAY’S QUOTATIONS. Trices of investment and mining stocks yesterday were as under: Buyers. Sellers. M s. d. Me. d.

SIT.F.S IN OTHER CENTRES. ram pbxss iMocniias DUNEDIN, Hay U. Sales on ’Change—Mount Eje.:. 13s lid tone). Its (two). 13s 9d (four), 13s fed (two). Weotpart-Stockton (ord..<, Gs Gd; New ZeaADDINGTONMARKET. ‘ PRICES WELL MAINTAINED. tma pkxs* Auocutios. CHRISTCHURCH. May 11. At the Addington market there were big yardings of all classes of stock, and paces were well maintained, except for beef, of which. there was an or er-snpply. Ismla were firmer. Store sheep.—An average yarding, and there was & healthier tone, particularly for forward wethere- Good forward lambs made from 9s to 11s; fair wether lambs. 6s to 8s fid; cull lambs. 3s 9d to Ss 3d; ewes. 11s fid; forward *■ and 3-tooth wethers. 12s 6d to 14s 7d; ordinary. 9e fid to 12a 3d; good 4- and 6-tooth ewes* in lamb. 14s 3d to 17s; inferior, to lOd to 13s 9d; 2-tooth ewes, 11s to |jn gd. Pat lambs.—sl3B were yarded. There was keen competition and slightly improved prices,/ Which averaged from 6£d to 6td per lb/ Extra prime lambs made to 24s lOd; 'prime, 19s 6d to 22a 9d; medium. 17a 3d to 19s; light, 12s 4d to 16s 9d. „ Pat sheep.— A big yarding. Preeeera operated most actively, and a shade better sale resulted. Extra prime wethers made to 25s 3d; prime, 13s 3d to 225; medium. 16s 3d to 18e 6d; inferior and light. J2s to 16s 6d; prime ewes, 15s to 16s 9d; medium, 12a to 14s 9d; lighter, 10s to 11s 9d; inferior. 8s 6<l to 3s 3d. Fat cattle.—An exceptional yarding of 483 heed, and ““""g in values, particularly for* lighter beef. Prime steers made from -£ls to Ml 9 17s 6d; medium, MlO Ss to MI4 15s; light and inferior, M 5 7s 6d to M 9 15s; prime heifers, M 9 to MI3 15s; light and medium, 293 12s 6d to M 8 Ss; prime oowe. M 7 5s to Mil 7s 6d; light and medium, M 3 ,JOs to M 6 Ito. Vealers. —Sale was slow. Runners brought 294 7s 6d; good vealers made from M 3 17a 6d to A 3 2a 2d; medium calves, Ml 5s to M2 10s; email oaites, 3s to 17s 6d. Store oattle.—A large entry and. a weak demand. Three-year steers brought M'j 2s 6d; two-year mixed sexes. 292 7s 6d: dairy cattle, third calvers, 2920; springing heifers, 299 to Ml2 15s; good cows. 299. . , . , Pat pigs.—The entry included an overKupply of porkers, which were weaker in price from id to Id per lb. Choppers made from 293 to 295 2s 6d; light be con era. 294 12s 6d to 295 ss; heavy. M 5 7s 6d to 295 15e; extra heavy, 296 to 296 7s 6d (average price <4d to 8d per lb); heavy porkers. 293 10s to 294 se; light. 292 13s ed to 293 17a 6d (average Srice per lb 84d to 3d); store pigs, meium 32s 6d to 42s 6d; small Us to 28s Sd; good weaners. 12s 6d to 16s 6d. BURNSIDE MARKET TAT STOCK WELL REPRESENTED. ' ran ran> xaaoctxTiow. DUNEDIN, May 11. All classes of fat stock were well repretented at the Burnside sales to-day. The Itandard of quality of the sheep offered Was not very but notwithstanding, the prices were firmer generally, best sheep being fully 2s per heed better than last sale. Pat cat tic and lambs, and also pigs sold at prices lately ruling. Pat Cattle. —A good yarding of medium quality, a total of 137 head being offered for-sale. The sale opened under a fair competition at prices equal to late rates. Unfinished sorts were easier, and i-rime beef barely touched DUS 6u per 1001 b. Prime bullocks realised from Ml? 10s to M2O 10b, medium Ml 3 to Ml 6 10s, light and unfinished sorts from 299 upwards Prime heifers from 2913 to Al 5, medium 299 to JQ2, light and aged from 296 10s upwards. Store Cattle.—A fair yarding, and among the number penned were' some well-bred and forward three and four-year-old steers. For this class of animal competition was somewhat bettea than of late, bat for young and backward conditioned cattle competition showed no improvement. For extra good and wellbred steers up to 298 10s was realised. Pat Sheep.—A large yarding, 3624 being penned, and the quality in most cases was medium. Prices for/prime wethers and ewes showed an advance of 2s per head, compared with last week’s rates, prime wether mutton being worth 3jd to 4d per lb, and ewe. mutton in the vicinity of 3d. Extra prime wethers made up to 30s 6a, prime 24e to 265, medium 18s to 20s. inferior 14e to 15s 6d; best ewes 18e to 20s, medium 12s 6d to 14s, inferior to to 11s. Pat Lambs.—A large yarding, 2328 being penned. The quality was better than that of the previous week, and prices consequently snowed an advanoe of from la to 2b per head. The demand was keen. Beet lambs made from 19s to 21 s. extra 25s (equal to 6d per lb), medium Ids to 1756 d, inferior 7s to lls. Pigs.—A good yarding, comprised mostly of baconersi All met with good competition at prices well up to late rates. The markot dosed veitr firm, values being equal to BJ<l to BJd per lb. BUTTER MARKET. A BAD SLUMP. The* New Zealand Farmers’ Cooperative Distributing Co.. Ltd., report having received the following cable from their London office: —"Butter market slumped badly owing to strike influences.

Government Australian first grade, second grade X 9 6s, Argentine X 8 Bs, Mew Zealand not offering, priced X 9 12s; Free Danish X 9 10s, Irish X 8 15s. Bacon weak. Cheese slightly lower, probably drop farther sympathy batter. Tallow mutton Xl 6s to XI 16s, beef XI 5s to XI 18e, mixed XI 3s to XI 13a" SALE AT RANGIOTU. N.Z. Loan and Uercantile Agency Co., Ltd., Palmerston North, report:—At oar Rangiotu sale on Monday we had a fair yarding of cattle, but few sheep. Prices for cattle were low, but practioally the whole yarding sold at auction. Good dairy stock were in demand. We qnoto: —Good mixed lambs 8s 3d, small weaner* 10s, yearling heifers 28s, heifers R.W.B. X 4 Is, good 3-year springing heifers X 3 12e 6d to X 9 Bs, rough 18-month steers 3to 6d, store cows 20s to 355, dairy cows X 4 ISs, X 6 10s, X 7 to X 9 ss. * SALE AT MARTON. Abraham and Williams. Ltd., held their Marton sale on Tuesday. A small yarding was offered to a good attendance, and a better demand prevailed. Quota-tions:—Two-tooth wethers lie 4d, m.s. lambs 9s sd, weaner heifers 15s to 255. small do. 7s to 10s, weaner steers 7s 6d to 18s 6d, store cows X2 ss, Jersey bull X 3 ss, cows in profit X 9 10s to Xls, springing cows to X2l, weaner pigs 7s 6d to 15s. WBLLINGTON~CDBTOMS. The Customs revenue received fct Wellington yesterday totalled X 6878 15s. The auction sale held at the rooms of Harcourt and Co. yesterday was well attended, and bidding generally was brisk. The down quilts offered were eagerly competed for. eventually going at elightly under Wholesale prices. There was a good demand for shadow tissues at average prices, while lace curtains found a ready market. Fillete s*nd- Swiss patterns were keenly sought after, and a short line of Swiss embroideries was well competed for.

Mining— Blackwater 0 8 0 Progress — 0 1 3 Talisman 0 5 7 0 5 10 War Loans— Inscribed £tock (1939) 81 0 a Inscribed Stock U93S) — 82 0 0 Inscribed '(Stock (1933) 89 7 6 — Wax Bonds (1939) 81 10 0 — Wax Bonds (1938) 81 10 0 — War Bonds (1933; 89 2 6 90 0 0 P.O. Bonds U937> 89 10 0 —■ P.O. Ins. Stock (1927) 89 15 0 — Investments Bank of Australasia ... n - *80 0 0 Batik vl Australasia (rights) __. 13 5 0 ii.'.wk of Australasia {fractions) — 1 17 6 National Bank — 5 7 0 Bank of N.S.W 29 15 0 SO 10 0 Bank of New Zealand 2 6 6 2 7 0 Union Bank U 15 0 11 18 0 financial— Abraham and Williams Aord.) Cmldsbrough Mort. 4 10 0 — 1 10 0 Equitable Building Co. S 2 6 N.Z. Loan and Men (otd.) — _ , 89 0 0 N.i5. and Hirer Plate — 0 18 0 N.55. Insurance 1 5 0 — N.Z. Refrigerating (JE1) 1 6 0 __ N.Z. K o f r i g orating (10s) : 0 H 9 Gear Meat 1 10 0 — Wn. Meat Export (JE3 12s 6d) 3 5 0 Adelaide Steam — 0 18 c Uuddart-Parker (ord.) 1 19 0 2 0 0 Wn. Woollen (ord.) ... 9 10 0 Tiiupiri Coal (ord.) ... 0 17 9 t0 19 0 Westport Coal *1 5 9 — Waipa Coal — 0 15 0 Leyland-O’Brion 1 6 0 — Miscellaneous— Newton King (pref.) ... N.Z. Paper alills _ 0 18 0 i a 0 1 7 6 Ward and Co 1 0 0 — Wilson’s Cement 0 15 9 *Bx rights. tCum div.