BURNSIDE STOCK SALE

Southland Times, Issue 24163, 27 June 1940, Page 3

BURNSIDE STOCK SALE

FAT CATTLE IN KEEN DEMAND

INCREASE IN FAT SHEEP

VALUES

(United Press Association) DUNEDIN, June 26. At the Burnside stock sale there was a yarding of 233 head of fat cattle, which were in keen demand. Prices were higher by £l/5/- to £l/10/-, compared with last week. Extra prime ox made to £2O/7/6, prime £l5/17/6 to £l7/2/6, medium £l3/2/6 to £l4 7/6, light from £9/2/6; extra prime cows and heifers to £l4/17/6, prime £lO/17/6 to £l2/12/6, medium £B/17/6 to £9/12/6, light from £7/17/6. Stores had a good demand and sold at a 10/rise in value.

There was a medium entry of 1104 fat sheep, which were presented in good quality all round and were in eager demand. Prices were 3/- to 4/- above late rates. Extra prime wethers made to £2/6/-, prime £l/18/- to £2/1/6, medium £l/10/- to £l/12/-, light from £l/7/6, extra prime wethers to £1 13/6, prime £l/8/- to £l/11/-, medium £l/4/- to £l/6/6, light from 16/-. Fat pigs showed little change in value, best baconers bringing to £6/2/-.

SMALLER ENTRIES AT ■ ADDINGTON FIRMER SALE FOR FAT CATTLE (United Press Association) CHRISTCHURCH, June 26. At the Addington market today entries were smaller and there was a firmer sale, particularly for fat cattle. Only a few store sheep were penned and there was a slightly better tone. Fat sheep numbered about 5000, including a small proportion of exceptionally prime wethers. For best quality values were better by 2/- a head Ewes were generally weaker, particularly export classes due to the cessation of freezing competition. Good wethers made 37/- to 41/-, tops to 47/-, medium to 28/-, ordinary to 25/-, light to 23/-, best ewes 27/- to 31/-, tops to 36/-, medium 23/- to 26/-, light 11/- to 16/6. Fat cattle numbered 342, the smahest yarding of the season. There was a big jump in values ranging from 30/to 40/- a head for the better classes and 20/- to 30/- for ordinary quality. Good beef made 45/- to 47/- per 1001 b, with prime medium weights 2/more, average 37/- to 42/- per 1001 b. Prime heavy steers made £l6/10/- to £l7/15/-, with tops at £2O/7/6, medium £2O/7/6; medium-weight steers £l4/10/- to £l6/5/-, ordinary sorts to £lO/15/-; prime heifers to £ll/15/-, medium grades £7/15/- to £lO, light heifers £7/5/-; extra prime cows £l5/2/6, other good sorts £B/10/- to £lO/5/-, light grade £6/5/- to £B. The porker entry was the smallest of the season. Prices were on a par with the best of last week. In the closing stages values rose by 3/- to 5/- a head. Choppers were again in small supply and maintained values. A similar position was recorded in the bacon market. The average price per lb of pork was 7Jd to 8d and bacon 7d to 7|d. THE METAL MARKET (Received June 26, 6.30 p.m.) LONDON, June 25. Silver.—Standard 21 >/ B d an ounce, fine 22 13-16 d. Pig Iron.—£s/11/- a ton. Antimony.—British £lO6 to £lO7. foreign £B2 to £B7. Tin.—Spot, £261/10/- buyers, £262 sellers; forward, £265/10/- buyers, £266 sellers.

Molybdenite.—4B/- to 50/- a unit (nominal). Wolfram.—so/- (Chinese). FOREIGN EXCHANGES (Received Jyne 26, 6.30 p.m.) > LONDON, June 25. Paris, franc to £1 — Amsterdam, florins to £1 — Montreal, dollar to £1 4.45 Switzerland, franc to £1 16.90 Stockholm, kroner to £1 540 Athens, drachmae to £1 75.55 Lisbon, escudo to £1 16.80 Kobe, pence to yen 13 11-16 Hong Kong, pence to dollar 14 1-3 Shanghai, pence to dollar ,3 15-16 Brussels, belgas to £1 — Rome, lire to £1 24.175 Tokyo, pence to yen 24.37 Copenhagen, kroner to £1 — Oslo, kroner to £1 — Milan, lire to £1 72.50 Argentine, pesos to £1 68.00 New York, dollar to £1 3.7014