COMMERCIAL

Poverty Bay Herald, Volume LXI, Issue 18387, 3 May 1934, Page 6

COMMERCIAL

HASTINGS STOCK SALE WAIROA FAT CATTLE A considerable draft of cow beef, largely carrying only light to medium finish, on account of Mr Humphry Bayly, “Cri'cklewood, ” Wairoa, materially swelled the fat cattle entry ac 'Stortl'ord Lodge yesterday morning, the yarding numbering 3-25 head, practically totally composed of cow and heifer beef. Despite the heavy supply, the market during the early stages of the sale remained fully firm on the sales of a fortnight ago on light to medium finished cow and heifer beef, while two extra (prime heavy P.A. cows, on account of Mr D. 11. Stewart, Wainmrama, sold at £7 2s, the highest price realised for cow beef on the Hawke's Bay market for some months.

Wairoa caws made £3 10s for well framed P.A. carrying fat to light prime order, and £2 15s fod lighter finished cows from the same draft. Heifers made up to £5 and bullocks to £7 9s. NO P. AND O. DIVIDEND (Elec. Tel. Copyright-—United Press Assn.) (Roceivcd Mav 3, noon.) LONDON, May 2. The P. and O. Company is not paying an interim dividend on deferred stock. The market for New Zealand butter has taken a turn for the better, and to-day is quoted at 72s 6d, a rise of Is fid per ewt. compared with advice received two days ago. ~ Messrs. Joseph Nathan and Company report to-day as follows: — 1 ‘Butter, 72s 6d. Cheese, white 435, colored 42s fid. In both markets, there is a steady demand.'' .. The New Zealand Loan and Mercantile Agency Company have received the following advice from London dated May 3: “Butter, 71s to 725; market is steady. Cheese, white 42s 6d, colored 42s to 42s fid; the market is firm.”