COMMERCIAL

Taranaki Daily News, 21 November 1929, Page 6

COMMERCIAL

SHAREMARKET TRANSACTIONS. .. ' . "... ' .* Wellington, November 20. —Sale on Exchange: Commercial Bank of Australia (ord.), 27s 7d. r Christchurch, November 20.—Sales on Exchange: Queensland National Bank, £8 15s; Gpldfi.br9.ugh Mort', 43s 4d; Mahakipawa, 2Jd.'Reported sales: National Bank of "AusthilMia (£5 paid, cum. div.), £8 19s';': Whitcombe and Tombs, 72s 6d; Goldshrdugh Mort, 43s 4<l, .436 3d (two lots). Dunedin, November 20. —Reported sale: Kildare, Is 9d. WOOL SALES IN LONDON. KEEN COMPETITION.; EVIDENT. London, Nov. 18. At the wool sales 11,869 bales were sold, of which 3449 bales were New Zealand. There was an excellent selection and a large attendance. There was animated competition and few withdrawals. Prices, compared with the October closing rates, were as follows: Merinos, tine Continental sorts, 5 per cent, dearer; long, broad-haired, 10 per cent., and crossbreds, fine, 7J per cent. Slipes and lower grades 5 per cent, dearer. Finer; firm and unchanged. DAIRY PRODUCE MARKET. The butter market is firmer at 170 s -to 174 a for salted and 182 s up to 188 s for unsalted, states cabled advice received by Newton King, Ltd. The cheese market is steady at 92s to 945, for coloured and 93s to 95s for white. > STOCK SALES AT HAMILTON. FIRMER RATES FOR SHEEP. Hamilton, Nov. 19. Over 1000 cattle were yarded for the stock sale at Frankton to-day. Most of these were bullocks from the west coast, and were purchased at date rates. The attendance of buyers was good, and bidding was lively. Sheep and pigs were yarded in good numbers, rates for sheep being firmer. The -auctioneers report as follows: — New Zealand Loan and: Mercantile Agency Company, Ltd.-Medium rtat bullocks, £l3 2s fid to £l5; fat cows, £9 17s fid to £lO 15s; lighter, £7. 18s to £8 13s; light, £0 15s to £7 7s fid; fat wethers, 27s 3d to 28s sd; baconers, £2 18s to £3 15s; porkers, £2 5s to £2 15s. ■

Farmers’ Co-operative Auctioneering Company, Ltd. —A good yarding of all classes of stock, with a medium yarding of sheep and pigs. Beef showed a decline of 30s a head on last week’s quotations, while store cattle and sheep sold at late rates. Fat and store pigs were sold on a par with last week’s quotations. We quote: Fat steers, £l4 Us to £l4 15s; light fat steers, £l2 12a to £l3 10b; fat cows, £9 15s to £lO 15s; medium fat cows, £8 2s Ud to £8 12a Ud; light, £7 to £7 15s; forward conditioned cows, £5 17s 6d to £6 12s Ud; store cows, £3 IGs to £4 Ila; shorn fat ewes, 19s to £l;"fat and forward ewes, shorn, 17s to 17b 9d; shorn fat' hoggets, £1 2s sd; fat lambs, £1 3a Ud to £1 ss; aound-mouthed ewes with lambs, 17s; heavy baconers, £3 12s to £3 17s; medium baconers, £3 Ge to £3 Ute; light baconers, £3 to £3 4s; heavy porkers, £2 14s to £2 18s; light porkers, £2 Us to £2 12e; good, stores, £2 to £2 9s; slips,' 30s to 375; weaners, 22s to 28s. G. W. Vercoe and Company, Limited. ■ —Heavy fat bullocks, £l5 to £10; lighter, £l4 to £l4 4s; heavy fat cows, £lO 10s to £ll 10s; lighter, £8 15s to £9 10s; light, £7 10s to £8 ss; prime heavy fat heifers, £ll 10s to £ll 17e Ud; light, £7 15s to £8 se; store cows, £4 5s to £7; Jersey cross eows, close to profit, £ll 10s to £l3 ss; backward, £7 to £9 IOS; fat wethers, 25s to 27s 3d; fat hoggets, 295; fat lambs, 22s to 255; heavy baconers, £3 5s to £3. 17s; light, £2 15s to £3 3s;.heavy porkers, £2 2s to £2 13s;. light, 38’s to £2.. JDalgety- and Company, Ltd. —Choice light prime steers made Up to £l4; heavy bullocks, £l7; light', £l5; prime cows and heifers, to £ll 7s 6d; ordinary fat cows, £8 5s to £9 10s; light fat cows, £6-10s to £7 12b Ud; vealers, £2 Us; Shorthorn bullocks, four years, £10.145; Holstein bullocks,, £9 12s Gd; Hereford three-year steers, good quality, £10; Jersey cross bullocks, £8 18s; Polled and Hereford two-year steers, £9 2& and £9 17s; Shorthorn steers, threeyears, £8 17s; two-year-old Polled Angus steers, £8 10s; Shorthorn threeyear eteerej £8 17s and £8 18s; Shorthorn steers, two years,. £9 14s to £9 18s; Shorthorn steers, three years, £8 15s to £9; Holstein- three-year steers, £8 9s to £8 17s 6d; Jersey cross three-year steers, £8 9s; two-year mixed-bred steers, £7 17s 6d; Polled Angus and Hereford steers, £8 Is; choice quality Shorthorn two-year steers, £8 10s; bad coloured steers, £6 Is; yearliflg steers, bad colours, £4 to £4 10s; estra prime heavy wethers, to 29s 3d; fat wethers, 275; prime fat shorn hoggetfl, 25s to 20fl; prim© heavy fat

ewes, to 22s 3d; ordinary fat ewes, 19s to ’2ls; unfinished' shorn ewes, 17s 0d; heavy bacohers,' £3 10s to £3 18s; medium, £2 Ifis to. £3 3s; light, £2 Os .to, £2 Ils; large stores, £1 16s to. £2 2s; slips, £1 10s to £1 15s; wean- ' ers, £1 3s to £1 8s; small weaners, 13s to Ifis. CANADIAN WHEAT PRICE SOARS. REPORTS OF DAMAGE BY RUST. By Telegraph—Press Assn.—Copyrig'ht. New York, Nov. 19. A message from Winnipeg states that' wheat soared 4j to 5 1-8 cents higher to-day on reports of black rust hi the Argentine. . Similar action took place in Chicago and the Eastern markets. November wheat closed at 13G 3-8 cents. Parts of the Argentine crops in the province of Cordoba are described as nearly a failure. The black rust has been intensified by the sultry weather.