COMMERCIAL

Southland Times, Issue 17784, 13 July 1916, Page 4

COMMERCIAL

BUKNKIDE MARKET. (Per United Press Association.) DUNEDIN, July 12. At Burnside to-day 181 fat cattle were yarded.' Only a small proportion was good quality. Prices opened at par with last week's, but hardened by 10/- per head. Best bullocks, £l7 10/. to £l9 10'-; extra, £22: medium, £ll to £l6; light, £l2 10/- to £l2 10/-; best cows and heifers, £l3 10/- to £ls 10/-; extra, £l7 2/6; medium and light, £lO 10/- to £l2 10/-. Fat Sheep —3o2o penned, a fair proportion good quality. Prices declined about 1/-. Graziers operated freely for unfinished wethers, and freezing buyers secured any lots coming within their limits. Best wethers, 30/- to 3 4/-; extra. 38/-; good, 27/6 to 30/-; light, 2 1/6 to 26/-: best ewes, 28,- to 32/-; extra, 40/-; medium to good, 24/- to 26 -; light and inferior, 18/. to 21/-. Lambs —1200 penned, quality only fair. For good quality the demand was keen at last week's rat.es, graziers operating for unfinished and backward sorts. Best tS/- to 26/-; extra, 31/-; medium, 19/- to 21 / 6; small and unfinished, 17/- to 19/6. Pigs—Small yarding. Fats sold readily at higher rates than last week, and there was a good demand for stores at late rates. ADDINGTON MARKET. CHKISTCHUIICU, July 12. At Addington market there were •mailer entries in all departments. Prices for fat cattle, fat lambs, and fat sheep were firm, and store sheep wore also in keen demand. Pigs allowed an advance In price, and there was an improved demand for store cattle. Store Sheep—Hoggets, mixed sexes, 17.(10 to 20/3: ewe hoggets, 22/10 to wether hoggets, 12 - to 20 8; twotooth wethers, 23/10: two and four-tooth wethers. 27 -; two, four and six-tooth 1 wethers, 22/- to 29/;J; four and six-tooth w ethers, 26/6; merino wethers, 12/8; two-tootli ewe-, 21/-: two. four, six, and eight-tooth wethers, 23/-; stx and eighttooth wethers, 21,11; sound-mouth ewes, 19/- to 23/1; aged ewes, IF3 to 16/-; merino ewes, It, 3. Fat Lambs —I’rime, 25,- to 29/-; medium, 22/- to 2 1/6; lighter, IS/- to 2L 6. Fat Sheep—The range of prices was; Prime wethers, 28/6 to 36/-; others, 21/9 to 28/-: merino wethers, 21/7 to 28-6; prime ewes, 28/. to 35/S; medium, 23/6 to 27/6; others, 15/3 to 23/-; merino ewes, 18 -. Fat Cattle—Extra prime steers to £33 15.'-; ordinary steers, IS 12/6 to £l3 15 -; extra prime heifers to £l6 5/-; ordinary heifers, £8 to £ll 10/-; extra prime cows to £ls 5/-; ordinary cows, £8 o '- to £lO 15/-. Store Cattle —Yearlings, 35/-; 15 to 18-months, £3 5/-; 2-years, £6 5/- to £6 17/6; 3-year steers, £9 to £lO 5/-; 3-year heifers, £7 5/-; dry cows, £3 5/to £8; dairy cows, £3 10/- to £l7 17/0. Pigs—Choppers. 80/- to 113/-; extra heavy baconers, 10/- to 80/-; price per lb, 6%d to 6 : )4(1; heavy porkers, 56/- to 80/-; light porkers, 16-'- to 51/-; price per lb, St*jd to 9d; medium stores, 30/to 39/-; small stores, IS/- to 26/-; wawnars.. 14/. to 10/6.

SHAB£ MAKSET. WELLINGTON’, July 12. . . Stuck Exchange ((notations: —Murray Creek, sellers, $•»,/-; Success. sellers, 30, -; Waihi, buyers, 37. 3; Junction, sellers, 16/9. THE 19X6 WOOL CUT. PROTEST AGAINST CONFISCATION. (Keuter's Telegrams.) LONDON. July 12. ■•Received July 13, 10 p.m. The Council of the Associated Chambers of Agriculture passed a resolution protesting against the sale of the 1916 wool clip as unjust to farmers unless prices were fixed at not lower than those of yesterday. LONDON MASSETS. BANKS. >VOOt, SALES OPEN FIRM. J (By Telegraph—Press Assn.—Copyright) (Australian & N.z. Cable Association.) LONDON, July 12. Received July 12, T. 20 p.m. Bank of Australasia, £ll9 15/-: Hank of New South Wales, £35 7/6: Bank of Victoria. £75; Union Bank of Australia, £57 15/-; National Bank of New Zealand, 106/3; Bank of New Zealand, £lO S /9; Now Zealand Loan Co., £72 10/- to £B6 The Union Rank of Australia has declared a dividend of 10 per cent., and a bonus of two per cent., and lias carried forward. £71,371. Wheat—Firm and dearer. Jute—Unchanged. Wool —8563 bales were'offered, including 4213 from New Zealand. There was a very large attendance, and strong competition for merinos and scoured slipes. There was some hesitancy about greasy crossbreds, but considering the disturbed condition of the wool trade the opening was surprisingly strong. There was a poor selection of merinos, and sensational prices were bid. representing a further advance of all sorts of 5 to 7 1 / i per cent, over the closing rates of the June sales. Crossbreds were mostly medium and inferior, particularly the greasy wools, but prices were generally maintained, favouring the seller in the finer sorts, but for shabbier parcels of medium and lower grades the buyer benefited by t(.d per lb. There was a very strong market for scoureds. often Id advance. There was a good demand for slipes at full rates of last sales. Merino lamhs was not offering, and crossbreds were not materially changed. METALS. • LONDON. July 11. Copper—£B4 10/- to £B3 10/-. Electrolytic—£l2B 10 - to £l7O 15/-. Lead —£28 .to £27. Spelter—£ll to £lO. Silver —2/1 per oz. WHEAT. LONDON, July 12. Received July 12, 12.20 a.m. Wheat —American Visible supply, 91,233.000 bushels: Chicago options. .Inly, 109 to 107%: September. 110 to 109%. j