COMMERCIAL

Southland Times, Issue 17921, 28 April 1917, Page 4

COMMERCIAL

TOZAJTUI STOCK SALE. Messrs Wright, Stephenson and Co., Idd., report:—A fairly good yarding of Block came forward for Jhe ordinary monthly sale. The prices for sheep were considerably down from last month’s rates. Sheep—We sold on account of Mr lAllan iMarshall, 70 forward ewes at 23/3 to Aler. McDonald, 23 store ewes at 17/to Arthur Kricson, 144 fat and forward lambs at 25/- to Meil Mc-Kwan, 44 store lambs at 21/1 to Blair Bros., 45 store lambs at 21/1 to Samuel Walker. Account J. Robinson, fat heifer at £lO W/- to George Jennings. WT2TDHAM STOCK SALE. Messrs Hunter Bros & Rice report:— IA. fairly large yarding of sheep and cattle came forward for sale, when a fairly satisfactory sale resulted. Prices realised for sheep were good, though bidding At times was somewhat slow. Cattle were doll of sale although most lots tvero quitted at auction or by private treaty. We sold as follows: — Sheep:—4 fat weithcrs at 39/6, 14 fat Jambs at 31/5, 26 fat ewes at 31/11, 30 fat wethers at 36/ D, 82 f.m. ewes at 23/3, £4 do. 18/2, 45 do. 14/11, 96 do. 17/3, 48 do. 20/-, 51 do, 23/1, 162 e.rn. owes At 22/1, 40 do. 21/6. 83 four and six-tooth do. 23/1, 104 s.m. do. 24/6, 93 do. 27/7, 96 two-tooth ewes at 30/-, 51 do. 27/2, 85 do. 28/3, 19 do. (small) 17/6, 39 da 33/3, 304 wethers at 30/-, 60 do. 24/-, 112 do. 30/6, 63 store lambs at 18/-, 15 oneBhear R.M. rams at £4 4/- to £3 3/-, 16 Aged do. £3 to 30/-. 14 one-shear B.L. gams £4 4/- to £3 3/-, 28 aged do. £2 to «»/-. Cattle —Seven bullocks at £ll 10/-, 5 40. £9 7/, 8 da £8 5/-, 6 yearling steers At £5 14/-, 17 do. £5 2/-, 8 do. £4 10/-, 12 do. £4 5/-, fat cow £l2 15/-, 6 do. £U 30/- to £ll 2/6, 8 do. £lO 10/- to £9 5/-, 25 do. £8 17/6 to £7 5/-, 14 do. £6 15/to £5 10/-, 2 bulls at £7, 2 springing betters at £7 4/-. Pigs—2 at 25/-, 5 at 22/6, 2 at 21/-, 3at 20/-, 2at IS/-,2 at 13/6, lat 39/-. Messrs Henderson and Co., Ltd., report A fair yarding of sheep which did not meet with a very ready demand. All classes of sheep were slightly back, except good young ewes, which sold readily. There was a large yarding of cattle, hut as prices were hack a little, Aome of the lots did not reach vendors' reserves and were passed. We yarded and sold the following:— fa-beep—ss fat wethers 36/6, 19 wethers 32/6, 220 two-tooth wethers 28/-, 68 tv/o-tooth wethers 21/3, 20 lambs 30/9, 20 fat ewes 30/-, 165 ewes 21/10, 144 Awes 14/2, 6 rams £4 4/-, 4 at £3 13/6. Pigs—Pour at 22/-, 20/-, 15/-. 9/-. Cattle —Seven fat bullocks £ls 12/6, 20 steers and heifers £lO 12/6, cow £lO, 13 steers £J 5/-, 9 steers and heifers £9, 5 steers £9, 10 steers £7 56 steers and heifers £6 5/-, 18 steers £T 2/6, 3 cows and calves £9, 2 fat heifers £9 5/-, 2 heifers £7 15/-, 4 steers £6 10/-, 5 calves £3 9/-, 8 calves £3 4/-, 3 calves £3 15/-, 38 calves £3 I!/-, store cows £5 )2/6, 2at £5 7/6, £3, bulls'at £lO 10/-, £9 12/6, fS 15/-, £B, £8 10/-. The National Mortgage and Agency Co. of N.Z.. Ltd., sold as follows; Sheep—Bs two and four-tooth wethers 33/-, 20 s.m. and - f. ewes 15/7, 42 do. 20/1, 161 do. 17/R, 6 rams at £4 4/-, 1 do. £3 3 -, 1 do. £2 2/-. Cattle—2o steers and heifers £7 16/-, 2 springing heifers £B, fat cow £9, bull X 9, do. £7 5/-*.

The sale for sheep was draggy, aged owes and lambs being very hard to sell. There were very few good wethers or young ewes forward, but these met with fair demand. The entry of cattle was very large, the bulk of the yarding being ui sold. Messrs Wright, Stephenson and Co., l.td,, report; —A large entry of sheep and cattle came forward to the ordinary monthly sale. Sheep.—The yarding consisted principally of old ewes, and prices were barely as good as last sale, hut for young ewes and hoggets prices were well maintained. We sold on account of T. F. Forde, 76 two-tooth ewes 31/8, to Argue Bros.; account M. Gorman, 62 s.m. ewes, 27/8, to James Wilson; account Richard Bolting, 100 f.m. ewes 20/-, to John Crosbie; account Thomas Dowling, 61 ewes 20/11, to John Graham; 48 ewes, 18/-, to Chas. Leonard; account John Doogue, 38 lambs 24/6, to W. J. Caldwell; account James Sutherland, 6 lambs 25/9, and 18 at 21/to John Morris, jun.; account T. Forde, 2 three-shear Bi. rams, 35/-, to James Wilson; 2 three-shear do. 3V4gn, to Jas. Neill; account Galt’s Estate, Romney ram, 3V*gns, to Harry Heath; do., 3gn, to William SUke; 1 do., 2%gn, to Jas. Winter; account Angus Campbell, 2 B.L. rams, SVfcgns, to John Crosbie. Cattle —A large entry of a very mixed lot. Prices were on a par with last sale. We sold on account Johnston Wyiie, fat cows £l2 7/6 and £lO 10/- to R. Russell; account W. Drysdale, 3 cows at £8 2/6 to P. A. Bolting; 1 do. £9 5/-, steer £7, 8 yearling steers* £5 14/- to J. A. Munro; account L. Cooney, 4 cows at £6 2/6 to W. L. Milne: account George Fraser, steer £lO 17/6 to David Townley; account P. A. Bolting, cow £8 to W. L. Milne; account Alex. McDonald, dairy heifer £8 to R. Crighton; account R. Betting, 4 18-month steers and heifers £4 14/- to Hugh Wilson, 36 calves at £2 5/- to Alex. Wilson; account James Beck, bull £l3 10/- to Thomas Preen. Pigs—A keen demand. We sold 16 weaners at 23/-. CH ItlyxCiiottdil WA Mnrl L Bi CHRISTCHURCH, April 27. There is nothing fresh to report In the grain market. The offerings of wheat are still very limited, and the next return published by the Government Statistician showing the amount threshed is being awaited. The oats market is dull, and holders of grain In the country are not prepared to accept the ruling price. Steady business is being done in potatoes at £4 to £1 2/6, according to distance, for delivery in May, and £4 5/for delivery in June.

AUSTRALIAN MARKETS. (Australian and N.Z. Cable Association). MELBOURNE, April 27. Barley, English 3/9 to 4/-, Cape 2/S to 2/9; oats, milling Algerians, 2/2 to 2/3. feed 1/10 to 2/-: potatoes, £3 to £4 10/-; onions, £4 to £4 5/-. LONDON MARKETS. BANK OF ENGLAND STATEMENT. LONDON, April 26. Received April 27, 8.10 p.m. Coin, £53,117,000; reserve, £35,471.000; proportion of reserve to liabilities, 20.90; notes in circulation, £3B,227,ooo;deposits, £52,450,000; other deposits, £117,249,000; Government securities, £37,172,000; other securities, £114,437,000; short loans, 4% per cent.; three months’ bills, 4% per cent.; consols, £55 3-16; war loans, 3% per cent., £B7; 5 per cent., £94. COLONIAL SECURITIES. New Soutli Wales 4’s, £B2 10/-; 3V£'s, £97 15/- and £7O 2/6; 3’s, £69 10/-. Victorian 4's, £95 2/6; 3Vi’s, £BS and £69 10/-; 3’s, £62 2/6. Queensland, 4’s, £9l 2/6; 3%‘s, £B7 7/6; 3’s, £62 10/-. New Zealand 4's, £B4 17/6; 3Vi’s, £73 17/6; 3’s, £63. South Australian 3 Vi’s, £7l 10/-; 3's, £57 15/-. Tasmanian 3Vi’s, £7l 17/6; 3’s, £64 10/-. Waihi Shares —31/3 and 32/6. WHEAT, BUTTER, ETC. Wheat —Quiet and unchanged. Flour —Firm. Oats —Quiet. Peas and Beans —Firm. Sugar—Unchanged. Butter —Quiet. There is little business in colonial owing to the uncertainty as to whether more will be commandeered. Quotations are nominally unchanged. The maximum prices have been lowered for Danish and New Zearland to 218/-; Australian, 212/-. Bradford Wool —Business suspended. METALS. Copper—Spot, £l3O 5/-; three months, £129 15/-. Electrolytic—£l4o. Tin —Spot, £227 17/6; three months, £228 7/6. Lead—Spot, £3O 10/-; three months, £29 10/-. Spelter—Spot, £54; three months, £SO. Silver —Standard, 37 5-lCd per oz; fine, 40 Vi d per oz. AMERICAS WHJEAT RECORD. CHICAGO, April 27. Received April 27, 9.30 p.m. Wheat has advanced by long jumps, and a new record has been touched at 268 cents.