BURNSIDE STOCK SALE

Southland Times, Issue 23228, 17 June 1937, Page 3

BURNSIDE STOCK SALE

Fat Sheep Of Poor Quality

VERY FEW PRIME BULLOCKS (United Press Association) DUNEDIN, June 16. Two hundred and ninety-three fat cattle were forward at the Burnside stock sale today compared with 503 for the double market two weeks ago. The quality generally was only fair and there was a small proportion of prime bullocks. Extra prime heavy bullocks made to £l6 2/6, prime £l2 5/- to £l3 10/-, medium £9 10/- to £ll 10/- and light and unfinished £8 to £9 5/-. Extra prime cows and heifers brought to £9 7/6, prime £6 15/- to £8 5/-, medium £4 10/- to £6 10/— and light and unfinished down to £3. Vealers were in short supply and met with a good sale. The fat sheep totalled 1478, the quality being below that of the previous sale. Extra prime heavy wethers made to £1 19/-, prime £1 11/6 to £1 15/-, medium £1 5/6 to £1 10/- and light down to £1 2/-. Extra prime heavy ewes made to £1 9/9, prime £1 4/- to £1 7/-, medium 19/- to £1 2/- and light down to 15/-. There were about 1840 fat lambs forward. Extra prime heavy sorts made to £1 13/-. Prime lambs were worth £1 6/- to £1 8/6, medium £1 3/- to £1 5/-, light £1 to £1 2/- and unfinished from 15/- to 18/6. There were over 160 fat pigs forward, baconers bringing £3l/- to £4 2/- and porkers £2 to £2 19/-. THE ADDINGTON MARKETS ENTRIES SMALLER THAN NORMAL (United Press Association) CHRISTCHURCH, June 16. Except in the fat sheep and fat lamb sections at today’s Addington market the entries were smaller than normal. The market generally was good. Store Sheep.—Only a sprinkling was forward. A pen of ewe lambs sold at 29/2, a pen of wethers at 25/- and sound and failing mouthed ewes at 22/10, which was on a par with the best recent values. Fat Lambs.—The export buying was left to one firm and for a larger, but more indifferently finished entry, values were scarcely up to export schedule. Fat Sheep.—About 7000 were penned, which included much good quality. Prime wethers maintained recent values but lighter sorts were easier. Good ewes showed an advance of one shilling and export sorts met with schedule rates. Best wethers made from 32/- to 36/-, special to 41/-, good wethers 29/- to 31/6, good medium weights 26/- to 28/6 and light down to 24/-. Best ewes made from 25/- to 29/6, special to 33/6, prime medium weight 22/6 to 25/- and light down to 16/6. ~ t Fat Cattle.—There was a small entry of 385 head and a recovery in value of up to 25/- for good steers and to 15/- for cows and inferior steer beef. Heavy prime steers made from £l2 to £l4 10/-, special to £l7 12/6, prime medium weight £lO 15/- to £ll 15/-, and light and ordinary £9 to £lO 10/-. Good heifers made from £7 to £8 10/-, special to £ll 12/6 and best cows from £6 10/- to £lO 12/6, medium £5 5/to £6 5/-. „. Fat Pigs.—Porkers were easier by 2/a head. Choppers were better by 5/to 10/- and baconers were also dearer. Porkers made from 25/6 to 47/6, average price a lb 6d to 6id; baconers 54/6 to £5 7/6, average price a lb 53d to 6.1 d and, in cases, to 61 d. FOREIGN EXCHANGES (Received June 16, 6.30 p.m.) RUGBY, June 15. The following mean closing rates of foreign exchange were quoted today compared with par:— Par Today Paris, fr. to £ — 1 10 53-61 New York, dol. to £ 4.886 4.94 Montreal, dol. to £ 4.886 4.94 Brussels, belgas to £ 35 29.26 Geneva, fr. to £ 25.221 Milan, lira to £ 20.43 93% Berlin, rmk. to £ 24.42 12.31 j'a Copenhagen, kr. to £ 18.159 22.40 Oslo. fr. to £ 19-159 19.90 Vienna schgs. to £ 34.585 26',4 Prague, kr. to £ 34.585 140% Helsingfors, tn. to £ 103.23 226','a Maarid. pesetas to £ 25.15 — Lisbon, escudos to £ HO 110 3-16 Athens, dr to £ 875 547’,ti Bucharest, lei to £ 318.6 672>/2 Belgrade, dinars 275.31 216 Rio de Janeiro, p. to milrels 8.892 4% Buenos Aires, p. to dol. 45.577 — Montevideo, p. to dol. 57 39% Bombay, p. to rupee 10 ISVs NEW ZEALAND CURRENCY BASIS The Bank ot New Soutß Wales. Dunedin, announces the following rates of foreign exchange on a New Zealand currency basis: on Buying Selling

DAIRY PRODUCE MARKETS By arrangement with the Primary Products Marketing Department the following information is supplied:— Butter.—New Zealand salted, 109/to 110/-, up to 111/- (HO/-); unsalted, 110/- to 112/- (110/- to 112/-); deliveries New Zealand, 1774 tons; in store New Zealand, 6363 tons, includes 1189 tons from the Karamea. Australian salted. 108/- to 109/- (109/- to 110/-); unsalted, 109/- to 110/- (109/to 110/-); deliveries Australian, 1595 tons; in store Australian, 6488 tons. The market is steadier after a quiet demand in the earlier part of this week. The New Zealand retail price is unchanged at 1/1. South Africa, 106/- to 107/-; Irish cream salted, 110/-; Danish 92/- f.0.b., 114/- spot (93/- to 114/-); Dutch unsalted, 105/- up to 10°/(106/-); Lithuanian salted, 108/-. The market is quiet. The Danish retail price is unchanged at 1/1 and 1/2. Cheese.—New Zealand white, 74/-, ex 74/6 (74/- to 74/6); coloured, 73/6 to 74/- (73/6 to 74/-); deliveries New Zealand, 19,844 crates; in store New Zealand, 83,059 crates. The market is quiet New Zealand retail price is unchanged in London at 8d a pd where at 9d. Australian white, 71/to 73/- (71/- to 73/-); coloured, 70/to 72/- (71/- to 73/-); Canadian white and coloured, 78/- to 80/- (78/- to 80/-); c.i.f., 72/- (70/-); deliveries Canadian, 2091 boxes; in store Canadian, 54,097 boxes; English finest farmers, 96/- to 100/-. The market is quiet. THE PRICE OF GOLD (Received June 16, 6.30 p.m.) LONDON, June 15. The price of gold is £7 0/5L an ounce.

London— 124/10/- . 124/8/9 £N.Z. to £stgl00 T.I. o.d. 124 123/10/. Australia— £A to £100 N.Z. T.T. 101 100/10/O.D. 101 100/10/Fiji— £F to £100 N.Z. T.T. 90/7/6 89 O.D 90/7/6 89 New York— Dollars to £1 N.Z. T.T. 3.9956 3.9586 O.D. 4.0056 3.9626 Montreal— Dollars to £1 N.Z. T.T. 3.9945 3.9596 O.D. 4.0070 3.9636 AustriaSchillings to £1 N.Z. T.T. 20.83 O.D. —- 20.84 Belgium— Belgas to £1 N.Z. T.T. 23.373 O.D. — 23.384 Czechoslovakia— Crowns to £1 N.Z. T.T. 112.86 O.D. — 112.91 Denmark— Kroner to £1 N.Z. T.T. 18.203 17.893 O.D. 18.263 17.899 France— Francs to £1 N.Z. T.T. 88.85 O.D. — 88.89 Germany— Relchmarks to £1 N.Z. T.T. 9.830 O.D. 9.835 Holland— Florins to £1 N.Z. T.T. 7:322 7.172 O.D. 7.362 7.175 Italy— Lire to £1 N.Z. T.T. 75.25 O.D. — 75.30 JavaFlorins to £1 N.Z. T.T. 7.295 7.145 O.D. 7.335 7.149 N orway— Kroner to £1 N.Z. T.T. 16.183 15.893 O.D. 16.243 15.899 SwedenKroner to £1 N.Z. T.T. 15.785 15.490 O.D. 15.845 15.496 bwitzerlana— Francs to £1 N.Z. T.T. 17.500 17.230 O.D. 17.605 17.235 NoumeaFrancs to £1 N.Z. T.T. 87.48 O.D. — 87.54 FapeeteFrancs to £1 N.Z. T.T. 87.43 O.D. — 87.49 Hong Kong— N.Z. pence to 1 dollar T.T. 18 3-32 18 17-32 O.D. 18 1-16 18 17-32 India and Ceylon— N.Z. pence to 1 rupee T.T. 22% 22 21-32 O.D. 22 11-3: 2 22 21-32

Japan— N.Z. pence to 1 yen T.T. O.D. — 17 31-64 — 17 31-64 Shanghai— N.Z. pence to 1 dollar T.T. 17 45-64 18 9-64 O.D. 17 43-64 18 9-64 Singapore— N.Z. pence to 1 dollar T.T. 34 23-32 35 13-64 O.D. 34% 35 13-64 Chefoo— N.Z. pence to 1 dollar T.T. 17 43-64 18 19-64 O.D. 17% 18 9-32 Manila— N.Z. pence to 1 peso T.T. 29 27-32 30 11-32 O.D. 29 24-32 30 11-32