COMMERCIAL

Poverty Bay Herald, Volume LXVI, Issue 19880, 6 March 1939, Page 2

COMMERCIAL

AUSTRALIAN EXCHANGES BUSINESS RESTRICTED INDUSTRIALS EASIER (Elec. Tel. Copyright—Onlted Press Assn.) SYDNEY, March 3. Prices of leading industrials were haded- on the Sydney Stock Exchange to-day The volume of business was again restricted. Metal shares were quiet and banks entirely neglected. Sales included:—Colonial Sugar, £46 15s; Australian Gypsum, £1 Is 3d; Huddart Parker £2 14sjd; TooUiv£2 14s; William Adams, 14s lid, Atkins, £1 3s lOd: Lustre Hosiery, 18s 10d. Cessnock Coal, N.Z. delivery 10s Newbold Brick, £1 9s; Soul, £4 9s. Cash Orders, 15s 6d; Woolworth Ltd £1 2s; Winchcomtoe Carson. £1 bslud. Heriry Jones, £2 8s 9d; Kandos £1 8s 9d". Pitt Son and Eadgery, £1 19s, David Jones, £1 Tobacco, £2 8s- -Electrolytic Zinc, £2 6s. ditto. pref £2 9s 6d; ML Lyell, £1 6s; North Ken Hill, £2 4s 7d; Austral-New Zealand Gold, £1 4s; Arahura, £1 Bs. Morning sales Commonwealth bonds, 3 per cent, 1948, £94 Is 3d 32 ner cent, 1949, £96 18s 9d; Per cent, 1943, £9B 15s; i* per cent, 1942, £IOO 13s 9d; Hff^f%s?% +-Q0 16s 3d 4 per cent, 1944, £ll« is el 1947 £lO2 17s 6&. 1950, £lOl IBs'. 1955 £lO2 10s; Associated Newspapers 20kBritish Tobacco, 48s; Colonial Sugar, £46 15s; David Jqnes^Ms. ElnTof S e Hill Proprietary, .£2 16s; North Broken Hill £2 4? 9d; Mount Morgan, lis 2d. EWE VALUES EASIER SALE AT MORRINSVILLE COAST DRAFTS The market for East Coast breeding ewes aTthe MorrinsviUe sale on I n ; day declined 2s per head, but store cattle from the East Coast sold at Auctioneering Company, Limited, reports:"There was an average entry of tot sheep with values on a par with the previous week's sale. There was again I good entry of store lambs although prices were slightly easier than last sale; however, the majority of the entry changed hands. The advertised entry of breeding ewes from the East Coast and southern districts came forward in tuu numbers. Unfortunately, the condition of the East Coast sheep was not as good as usual and, generally speaking the quality also was inferior to recent offerings. Generally speaking, prices were lower by at least 2s a head. , . ~ , "Two particularly choice lines ot southern ewes from the Dannevirke and Featherston districts attracted a good deal of attention and realised satisfactory prices, selling from 19s 6d to 20s Hd. Two-tooth ewes were, however, dull of sale. Here again the quality and condition was inferior. Cull ewes were also hard to quit. Ewes from Raetihi realised 15s, but ewes from North Auckland were dull of sale. Quotations:— Cattle—Light fat steers, £5 17s; medium fat Tieifers, £4 16s to 6gns.; light, £3 15s to £4 4s; heavy fat cows, £5 15s to £6 6s. Sheep.—Light fat two-tooth wethers 14s lid to 16s 6d; young fat ewes, 13s; fat ewes, 7s to 8s 3d; heavy fat lambs, 20s to 22s Id; white-faced woolly ewe lambs, lis 8d; wether lambs, 9s 3d to 9s 7d; mixed sexed lambs, 6s 9d to 10s 0d; black-faced lambs, 10s 8d to 13s 2d; small lambs, 8s to 8s 3d.

Sheep from the East Coast—Mixed aged ewes, 21s; four and five-year ewes, 16s to 16s 3d; five-year ewes, 13,3 Cd; five and six-year ewes, from 10s lid to lis 9d; six-year ewes from 9s 6d to 9s 8d; small two-toqth. ewes, 13s 6d to 16s; cull two-tooths, 9s to 14s 6d

TE PUKE STOCK SALE CATTLE VALUES LOWER. At the Te Puke stock sale there was a good yarding of cattle and pigs. The general fall in values was reflected in the prices for cattle. Vendors, 'however, were meeting the

market, and with the exception of two or three pens, the whole offering was disposed of under the hammer, There was a good quality yarding of pigs and, with outside buyers operating freely for baconers, porkers and butter-milk pigs, a good sale resulted. Slips and v.-eaners were dull of sale. Prices were as follows: Cattle.—Light fat cows, £4 3s to !M 9s; jtbrward-conditioned and heavy boner cows, £3 2s to £3 lGs; fresh conditioned, £2 to £2 13s; poor-condi-tioned boners, 17s to 345: mixed coloured yearling heifers, 34s to £2 2s; heavy potter hulls, £5 5s to £(>; others, 33 s to £4 10s. Pigs.—Heavy choppers, £3 4s; med-ium-weight, £2 5s to £2 12s; heavy baconers, £3 7s to £3 lis; light, £2 18s to £3 4s; unfinished baconers and butter-milk pigs, £2 15s to £3; smaller butter-milk pigs, £2 5s to £2 lis; heavy porkers, £2 9s to £2 14s; light, 34s to £2 Is; good stores, 28s to 345; smaller, 235; sligs, 15s; weaners, Bs,