COMMERCIAL

Southland Times, Issue 19492, 5 March 1925, Page 2

COMMERCIAL

BURNSIDE STOCK SALES. NOT MUCH CHANGE IN PRICES. (Per United Press Association.) DUNEDIN, March 4. There was no great change in the prices of stock at Bumside to-day. Sheep: A yarding of slightly over 2000 head. There were a lot of ewes, and an average entry of heavy sheep. The opening was fairly sticky. Later on the demand was pretty good, though there was no quotable change in prices. Heavy sheep were if anything a trifle dearer, and light wethers and prime ewes a shade easier. Rates were generally firmer towards the clbse of the sale. Extra prime heavy wethers made up to 49/-; prime heavy, 43/- to 44/6; lighter 35/- to 37/3. Extra prime heavy ewes sold at up to 41/6; prime heavy, 32/34/3; light, from 27/-. Lambs.—About 670 were forward. The quality was fair to good. Prime sold at from 40/- to 43/6; medium, 33/- to 34/9; unfinished, from 25/-. The demand was good for all prime quality lambs. Fat Cattle.—A yarding of 276 head. It was a very mixed entry. There were only a few pens of heavy bullocks, a number of light prime steers, and some extra good cows. The opening prices did not indicate much change. At the start of the sale the top price for best bullocks was £lB 10/-; prime bullocks, £l3 10/- to £l5 5/-; light, from £9 15/-; heifers, £6 15/- to £8 5/-; cows, £5 5/- to £8 15/-. Store Cattle.—An offering of about 250 head. The yarding consisted almost entirely of young and old cows, there being very few steers. Cows with condition sold rather better than at last week’s sale, with other sorts unchanged. Pigs.—There were 150 fats and not many stores. The entry consisted mainly of baconers. There was a good attendance of buyers and a fair demand, prices .going up 4/- to 5/-. THE ADDINGTON MARKETS. YESTERDAY’S LIVE STOCK SALE. CHRISTCHURCH, March 4. Lower yardings were the rule to-day at Addington market. Store ewes and wethers sold up to 2/per head better, fat sheep were 1/6 to 2/easier, fat lambs 1/6 easier and fat cattle a shade better than last week. Store Sheep: There was a slightly smaller entry than for several weeks. The market was better for good ewes, particularly halfbred and wethers by 2/- a head, lambs being slightly firmer than last sale. It was a very buoyant sale, lines passed earlier in the day being sold later at owners’ reserves. Forward lambs realised 28/- to 31/10, ordinary 25/6 to 27/6, medium 24/- to 25/3, small'2o/- to 23/6, cull 14/6 to 19/3; first cross ewe 33/2, shorn wether 24/3, good halfbred wether 28/3, good two-toothed halfbred ewes 44/- to 46/3, good two-tooth-ed three-quarterbred ewes 40/- to 45/3, good two-tooth Romney cross 42/- to 45/-, ordinary two-toothed Romney cross 37/6 to 41/-, small two-toothed Romney cross 32/6 to 37/-, good four, six and eight-toothed Romney cross 40/6 to 44/-, ordinary 4,6, and 8-tooth Romney cross 33/- to 37/9, low conditioned 4,6, and 8-tooth Romney cross 28/- to 30/-, sound and failing mouthed crossbred 27/6 to 32/3, failing mouthed halfbred 27/- to 31/6, good four-year-old halfbred 40/- to 44/3, good 4 and 5-year-old halfbred 38/- to 41/3, aged 17/to 21/9, low conditioned aged 10/- to 16/6; two, four and six-tooth Romney cross wethers 28/- to 34/3, two-toothed threequarterbred wethers 27/- to 32/-, twotoothed halfbred 25/- to 26/-, forward 4 and 6-tooth halfbred 33/6 to 35/-.

Fat Lambs: 3470 were penned, being of very mixed quality. On account of the waterfront trouble and an under-strength board of butchers at the freezing works, the market was under the export schedule prices by half-penny per lb. Prime under 36’s made 12jd, light seconds and overweights from llld to 12-Jd. extra prime lambs realised 45/10, prime 38/6 to 41/-, medium 36/- to 38/-, light 33/- to 35/6; store lambs 29/- to 32/6. Fat Sheep: It was a slacker sale. Exporters bought much less freely than usual and wethers were down by 1/6 and ewes by up to 2/- a head. Extra prime wethers realised 45/10, prime 38/6 to 42/6, medium 35/6, 38/-, light 33/- to 35/-, extra prime ewes 44/1, prime 33/- to 37/-, medium 30/- to 32/6, light 26/- to 29/6, old 22/- to 25/-. Fat Cattle: It was a smaller entry comprising 432 head and steadying up of prices, cow and heifer beef being 20/- per head better than last week with big bodies little change. Good serviceable beef averaged from 33/- to 38/- per IOOIbs. Extra prime steers fetched £l6 17/6, prime £l4 10/- to £l6 5/-, medium £l2 to £l4 5/-, light £9 10/- to £ll 10/-, rough £7 12/6 to £9; extra prime heifers £l3 2/6, prime £9 5/- to £ll 5/-, ordinary £5 15/- to £9; extra prime cows £l3 17/6, prime £8 10/to £lO 15/-, ordinary £5 10/- to £8 5/-, old £3 7/6 to £5 7/6. Vealers: It was a large entry. Small handy-weight calves sold well. Runners realised £5 15/-, good vealers £3 to £4 15/-, good calves £1 15/- to £2 15/-, small 15/to 30/-. Dairy Cattle: There was an entry of 56 head. Good cows met with keen demand. Extra good second, third and fourth calvers realised £l7 10/-, good £8 to £l4 10/-, medium £5 to £7 10/-, best springing heifers £7 to £l2 10/-, medium £4 10/- to £6 10/-, cows in milk £3 to £5. Store Cattle: There was a medium entry with dull demand. Two and three-year steers realised £4, two and three-year heifers £2 18/6 to £3 9/-, good cows £2 5/- to £3 10/-. Fat Pigs: Porkers were a shade better and baconers about the same. Choppers brought £3 to £6, light baconers £3 15/to £4 5/-, heavy £4 10/- to £5; extra heavy £5 5/-. The average price per lb was 6d to 7d. Light porkers realised 50/to 57/6, heavy £3 to £3 8/-. The average price per lb was 7d to Bd, Store Pigs: There was a large entry and demand for all classes was easier. Small weaners brought 10/- to 15/-, better 18/to 22/-; small stores 23/- to 28/-, medium 30/- to 38/-, large 45/- to 53/-; sows in pig £3 12/- to £4 15/-. RABBITSKINS. SALE AT DUNEDIN. The Dunedin Stock Agents and Wool Brokers’ Association held their monthly sale of rabbitskins at Dunedin, when they submitted medium catalogues to the usual attendance of buyers. Prices showed, if anything, a slight increase on last week’s rates. Following are some of the prices realised: —■ Small, 33{d to 39d; light racks, 48|d to 61|d; racks, 48Jd to 51jd; summer does, 47Ad to 48d; summer bucks, 45d to 48d; spring does, 47|d to 52fd; spring bucks, to 56 sd; winter does, to 68d; outgoing winter does, to 56d; outgoing winter bucks, to 68Ad; winter bucks, 66d to 884 d; milky does, 44? d to 45id; weevily, 36Ad to 48jd; summer broken, 42fd to 43d; winter broken, to 571 d; early autumn, 52d to 60d; summer black firsts, to 58d; summer black seconds, 44|d to 46|d; black, 41d to 43d; winter fawn, to 68d; summer fawn, 43d to 46|; fawn, 41d to 43d; hareskins, 33d to 36|d; horsehair 20d to 23fd THE SHAREMARKET. YESTERDAY’S TRANSACTIONS. AUCKLAND, March 4. Sales: Bank of New Zealand (rights) 31/4; New Zealand Insurance 31/-, 30/9, South British Insurance 46/6, Taupiri Coal 17/6, Kauri Timber 32/6, Bycroft Ltd., 26/-, Taranaki Oils 31/-.

INVERCARGILL STOCK EXCHANGE. 1 YESTERDAY’S TRANSACTIONS. ( Sale reported:— Southland Frozen Meat Co., Ltd., (£1 ord.), 33/- ex div.; (£1 pref.) 33/- ex div. Quotations:— Commercial Bank, s 31/6. Bank of New Zealand, s 53/-; rights, b 31/3, s 31/6, Westport Coal Co., b 31/-, s 32/3. National Insurance Co., b 72/-, s 73/3. N.Z. Insurance Co., b 30/6, s 31/-. South British Insurance Co., s 47/-. Standard Insurance Co., b 42/-, s 43/3. Perpetual Trustees, b 41/-. Trustees’ Executors (Dunedin), b 56/-. Southland Frozen Meat Co. (£1 ord.), b 33/-; (10/- paid), b 16/6; (£1 pref.) b 33/-. Bruce Woollen Mills, s 23/-. Mosgiel Woollen Mills, s £6 2/6. Milburn Lime and Cement, b 34/3; s 35/3. N.Z. Drug Co., b 65/6; s 67/-. N.Z. Farmers’ Fertilisers, b 8/1; s 8/9, premium. N.Z. Milk Products, b 25/-. N.Z. Sugar of Milk, s 26/-. Otago Daily Times Co., b 63/-. Wilson’s (N.Z.) Portland Cement, s 31/-. War Bonds, 1938, s £97 2/6. Post Office Bonds, 1927, b £97 5/-. P.O. Inscribed Stock, 1927, b £97 5/-. Soldier Settlement Loan Bonds, 1933, 5A per cent., b £lOO 10/-. Soldier Settlement Loan Inscribed, £lOO 2/6.