COMMERCIAL

Southland Times, Issue 17778, 6 July 1916, Page 4

COMMERCIAL

OUSE STOCK SAX.E. The fortnightly stock sale at the Gore Corporation Yards was held on Tuesday in fine weather and in the presence of a large number of. farmers. Owing to recent rain and frosts, the sheep races were in a very slushy condition. The sale on the whole was a good one, and from a vendor's point of view probably the best held for many years.. Only about half a dozen pens were passed in, and sheep in anything like fain condition and of good ages sold exceedingly well. Fat wethers realised as high as 31/4 arid 30/1, and a pen of two-tooth ewes (a fine lot) In lamb to B.L. rams realised 31/2. Forward conditioned ewes and mixed sex lambs also sold well. The man- with good conditioned sheep to sell just now, judging by today’s sale, is in a happy position. The values of fat sheep and-good two-tooth ewes were anything from 6/- to 8/- per head better than at the July sale last year. Mixed sex lambs and soundmouth store ewes were fully 4/- to 6/per head better than 12 months ago. The following sales were effected! — Dalgety and Co., Ltd. —21 fat wethers 29/-, 3 do. 28/». 11 fat ewes 31/-, 31 do. 16/7, 30 do. 19/4, 23 m.s. lambs 18/6, 21 two-tooth wethers 22/11, 9 s.m. ewes 7/1. ' New Zealand Loan and Mercantile Agency Co., Etd.:—2o fat wethers 38/-, 11 do. and 9 ewes IS/-, 23 fat ewes 21/2, 3 do.' 20/2, lamb 22/-, 2 do. 21/6, 18 fat wethers 26/-, 5 m.s. lambs 14/11. Wright, Stephenson and Co., Ltd.: —9 fat wethers 31/4, 12 fat ewes 18/-, 32 do. 20/5. 47 m.s. lambs 20/5, 95 full and failing ewes 12/-, 112 do. 14/1, 82 do. 15/-. Passed in—2l s.m. ewes 7/6,. 186 four, six and eight-tooth ewes (in lamb to B.L. rams) 23/-, 15 two-tooth ewes 24/-, 107 ewes and 3 rams 17/6, and 129 B+nTP ptirpc 1 7 /S. Henderson and Co., Ltd.:—l 9 fat ewes 22/-, 36 do. 24/1, 52 do. 20/2, 140 four, six, and eight-tooth ewes 15/-, 80 s.m. ewes 22/11. National Mortgage and Agency Co., Ltd.: —36 fat ewes 17/7, 101 m.s. lambs 20/1, 96 full and failing ewes 11/1. • J. E. Watson and Co., Ltd.: —17 fat wethers 30/1, 27 fat ewes 24/6, 3 do. 23/3, 56 two-tooth ewes (in lamb to B.L. rams) 31/2. Southland Farmers' Co-operative Association, Ltd.: —57 fat ewes 24/1, 43 store ewes 15/6. Passed in:—24o mixed aged ewes 11/1. BURNSIDE STOCK MARKET. (Per United Press Association.) DUNEDIN. July 5. Fat Cattle —205 were penned, including several pens of prime heavy bullocks. Prices opened at from 10/- to 15/- below last week's rates, but gradually hardened to late late. Best bullocks, 117 10/- to £2O; extra prime heavy, £25; medium, £l4 to £l6 10/-; best cows and heifers, £ls 10/- to £l7; extra prime, £l9; others, £9 to £l3. Fat Sheep—27oo penned. The majority were medium and light-wegihts. Well finished sheep were firm, but ewes were a shade easier, graziers bidding keenly for forward wethers. Best wethers, 32/to 37/-: extra heavy. 42/6; medium to good, 27/6 to 31/6; light and unfinished, 23/6 to 26/6; best ewe-, 26/- to 30/-; extra, 3S/3;medium to good, 216 to 25/-; aged and inferior, 10/- to 15/-. Lambs —1100 penned. There was a keen demand, and prices were firm. Best, 21 - to 28/-; extra, 35/'-; medium, 19/6 to 22/6. Pigs—Large yarding. Fats' prices were slightly easier. Best haveners, 90/-; extra heavy, 123,.-; medium to good, 75/-: best porkers, 50/-: medium, 10,-. There was a small yarding of stores. Slips brought up to 35/-; suckers, 20/-. ADDINGTON STOCK MAKKET. CHRISTCHURCH. July 5. At the Addington stock market there were large entries of fat cattle and fat sheep, but smaller yardiugs of fat lambs and store sheep. Fat cattle sold at rather firmer rates, and fat lambs showed no change. The fat sheep market showed a further advance in prime sheep. Store cattle were dull of sale, but dairy cows were in keen demand. Pigs, except haveners, sold freely. Store ' Sheep Hoggets, mixed sexes, 11/3 to 19/9; ewe hoggets, 21 - to 22 I; wether hoggets, 15/- to 21/4; two, four, six, and eight-tooth ewes, 24/3; six and eight-tooth ewes, 219 to 21/-; soundmouth ewes, 19, 6: sound and railingmouth ewes, 17/3 to 22/2; failing-mouth ewes. 14/- to 17/3; aged ewes, 13 '3; merino ewes, 12/4 to 13 9: two-tooth wethers, 23 four-tooth wethers, 21 - to 27 6; merino wethers, 16 9 to IS/lt), Fat Lambs —1 806 penned. Prime, 24 6 to 28/-: medium, 2! - to 21,-; lighter, IS/- to 20/6. Fat Sheep—Prime wethers, 28/6 to 36/-: others, 22/6 to 28’/-; merino wethers, 18/10 to 29/6; extra prime ewes, 40/6; prime owes. 28/- to 32/3; medium ewes, 23/6 to 27/6; others, 16/7 to 23/-; merino ewes, 16/3. Fat Cattle —Extra prime steers, to £2O 10/-; ordinary steers, ES 5/- to £l3; extra prime heifers, to £l6 17/6; ordinary heifers, £7 2/6 to £11; extra prime cows, to £ls 2/6; ordinary cows, £6 15/- to £lO 10/-. Store Cattle —15 to 18-months, £3 2 '-; two-year steers, £4 15/-: two-year heifers, £4 3/- to £4 7/6; 2 1 /.-year steers, £7 5/-: three-year steers, £9 to £lO 5/-; tprep.year heifers, £6 5/-: dry cows, £2 10/- to £7 2/6; dairy, £1 5/- to £l9 5/-. Pigs—Choppers, 60/- to 120/-; extra heavy baconers, to 110/-; heavy baconers, 74/- to 88/-; light baconers, 60/- to 70/-. The price per lb was from 6>4d to (iVid. Heavy porkers. 52/- to 54/-; light porkers. 4 1/- to 50/-. The price per lb was from 71id .to 7 yd. Stores, medium, 32/to 39/-; smaller, 22/- to 28/-; weanere, 11/- to 20/-*,

SIT OAK SUPPLY. LABOUR TROUBLES IN FIJI. AUCKLAND, July 5. The sugar supply is threatened by labour trouble at Fiji, It is understood that the locomotive drivers, 12 in number, struck to support a demand for shorter hours. According to a cable received by the Auckland manager, the men have torn up their agreements and struck for nine hours per day and overtime. The Auckland secretary of the Enginedrivers* Union has received the following cable from the strikers: — "Warn men against accepting employment in Fiji. Men here on strike for eight-hour day.” Mr Philson states that the men are paid £4 10/- weekly. It is believed that the men affected all came from Sydney. The Auckland manager was asked to supply 12 men, who have been obtained, and will be shipped to Fiji at an early date. There might be some embarrassment, he says, in regard to the despatch of sugar, but it would be only temporary. marine insurance. MEDITERRANEAN THE DANGER SPOT. WELLINGTON, July 5. The insurance authorities state that the rise in marine insurance applies only to goods shipped via Panama to the Mediterranean and via Suez to allied countries in the Mediterranean. So far as New Zealand is concerned, there lias been no rise in rates for goods shipped via Cape Horn to Great Britain. THE PRICE OP SPELTER. (By Telegraph—Press Assn.—Copyright) (Australian & N.Z. Cable Association.) LONDON, July 4. Received June 5, 5.5 p.m. The increased production and the restriction of general consumption is causing a fall in spelter. The Government recently bought three thousand tons in America for June, July, and August shipment. Further purchases this year arc unlikely. This and' the Improved freight conditions arc expected to cause a further decline. THE STOCK EXCHANGE. LONDON, July t. The Stock Exchange is quietly bnoyant. There has been a further slight hardening of prices in keeping with the steady progress in France, but nothing sensational has occurred. The public have been fully warned not to expect any dramatic developments. Consols are quoted at 61 Vi; war loan, 97 >4: Dalgety 6V£ per WHEAT FIRMING. LONDON. July 4. Wheat is firm. Higher prices are being asked, but buyers will not respond TEE MARKETS. LONDON, July 4. Copper—Spot, £102; three months, £97 17/6; electrolytic, £132. Lead —Spot, £2S; forward, £26 15/-. Tin —Spot, £172 7/6; three months, £172 17/6. Silver, 32d per oz. F. ANS O. ABSORPTION. N.Z.S. CO. SHARES RISE. (.United Service.! LONDON, July t. New Zealand Shipping Company shares rose 11 points, being quoted at £32, which is "about their value under the terms of the P. and O. fusion.