FINANCE AND COMMERCE

Taranaki Daily News, 30 January 1931, Page 12

FINANCE AND COMMERCE

MANY PASSINGS AT RAM FAIR. FAIR ATTENDANCE AT HASTINGS By Telegraph.—Press Association. Hastings, Last Night. The annual Hawke's Bay ram fair was opened this morning at the Tomoar.a showgrounds in fine weather. There was a fair attendance of buyers, mainly local. Romney flocks were the first offered and the top price was 8J guineas. Fully 60 per cent, were passed in. To-morrow the remainder of the Romneys, English and Border Leicesters, Downs, Ryelands, Lincolns and stud rams and ewes will be offered.

GRAIN AND PRODUCE VALUES

AUSTRALIAN QUOTATIONS

By Telegraph—Press Assn.—Copyright. Rec. 8.30 p.m. Sydney, Jan. 29. Grain and produce quotations are:— Wheat, ex trucks, Sydney, 2s ljd. Flour, £7 10s; pollard, £4 ss; bran, £3 15s. Potatoes, Tasmanian, £7 to £9; others, £B. Onions, Globes, £B. Oats, White and Algerian, 3s. Maize, 4s 2d. Adelaide quotes: Wheat, 2s Id; flour, £6 15s; pollard, £4 10s; bran, £3 15s; oats, Is 6d.

SHAREMARKET TRANSACTIONS

Christchurch, January 29.—Sales on Exchange: Commercial Bank of Australia (cum. div.), 14s 2d (2 parcels) ; Bank of New South Wales, £2B; New Zealand Refrigerating (10s paid), odd lot, Is; Christchurch Gas (10s paid, cum. div.), Ils 6d; New Zealand Breweries, 335; British Tobacco, 27s lid, 28s; Colonial Sugar, £3l; Mt. Lyell, 18s 6d (3 parcels), 18s 7d; Mahakipawa Goldfields, 8d; King Solomon, lid; Okarito, 5s 3d. Sales reported: Commercial Bank of Australia (pref., cum. div.), £5 10s; Dalgety and Co., £6 12s 6d; New Zealand Breweries, 335; Mt. Lyell, 18s 7d.

NEW PLYMOUTH MARKET PRICES

New Plymouth market prices this week were:— Buying Selling ■' s. d. s. d. Hams 1 1 . Bacon (rolls) 11 Bacon (sides) H Separator butter (bulk) 8 10 Eggs • I 1 I 3

MARKET AT JOHNSONVILLE. PRICES EQUAL LAST WEEK'S. Live stock sold at Johnsonville on Wednesday at rates equal to those of last week. In spite of the inclement weather .there was a very large attendance Q-f buyers. There was a large yarding.of all classes of stock, the quality of vVliich was,good. , Cattle.—The cattle comprised mostly prime quality bullocks with a few pens of cows and heifers. A consignment of vealers also came forward. Beef sold on a par with last week's rates, and vealers met with a good demand. Sheep.—The quality of the' yarding was' up to the usual standard. Competition was good at last week’s rates. The quality ob the lambs was better than last week, and met with a good demand. Prices ranged as follows: —Bullocks, heavy, £ll 2s 6d, £ll, £lO l'ss, £lO 7s 6d, £10; bullocks, £9 15s. £0 12s 6d, £9 <ss, £9 2s 6d to £8; cows, heavy, £7 2s~ 6d, £6 15s, £6 10s; cows, £6, £5 10s, £5 2s 6d, £4 17s 6d, £4 12s 6d.. £4 ss; runners, £3 9s, £3 Is, £2 13s, £2 6s; vealers, £2 Is, £1 ISs, £1 13s, £1 10s, £1 ss; wethers, heavy. Ils 6d, Ils 2d, Ils, 10s 9d; wethers, 10s 3d, l(fe, 9s 9d. 9s 6d; b.f. two-tooths, 10s 6d, 10s, 9s 3d, 8s 9d; ewes, extra heavy, 7s . 7d, 7s; ewes, heavy, 6s 9d, 6s 6d, 6s 2d, 6s 5s 9d; ewes, os 3d, 5s Id, ss, 4s 6d; lambs, 12s 6d, Ils 6d, Ils 3d, 11S Id, 10s 9d, 10s 3d, 10s; lambs, light, 9s fid, 9s, 8s 9d, 8s 6d; porkers, £2 3s, £2.

SOUND SALE AT WANGANUI. SLIGHT ADVANCE IN VALUES. Wanganui, January 28. . At the Wanganui sale to-day a medium entry was offered, farmers not feeling inclined to yard at the prices offering. To-day's sale was a very sound one. The recent rains have been very beneficial, the pastures have now freshened up, and an' abundance of clover is about. The inquiry at to-day’s sale far exceeded the supply and prices generally advanced slightly on recent sales. With the exception of one pen of 2toofih ewes, a total clearance was made in the sheep pens, and vendors expressed themselves as well pleased with the prices realised. Sheep.—-'Fat lambs, Ils 6d to Ils 10d: fat wethers, Hte; fat ewes, 4s Id, 5s 4d, 6s to 6s Id; good woolly ewe lambs, 78 lOd; woolly wether lambs, 6s 6d; medium woolly mjs. lambs, 4s: good wether lambs, 6s 8d; average wether lambs, 4s lid, 5s 4d, to 5s sd; mediumwether lambs, 3s fid to 4s Id: shorn medium b.f. lambs, 6s 4d; small b.f. lambs, 3s lOd; low-conditioned ewes. 2s Id to 2s Sd; store wethers, 6s Sd. Cattle. —Forward cows, £3 5s to £3 10s; mixed steers, £3 6s; weaner heifers, £1 ss; store cows, 15s to 30s. Pig 6 .—Porkers, 30s; forward stores, 27s to 28s; stores, 21s 6d to 225, to 245: good weaners, 14s to 15s fid; weaners, 12s to 13s. OTAGO LIVE STOCK-VALUES. PRICES LOWER AT BURNSIDE. Dunedin, January 28. An all-round reduction in prices was. recorded at the Burnside stock sale today. The market, in fact, has now reached a, low ebb, and to-day's sale was one of the worst recorded for some time past. Fat cattle prices were at a very low -level, the drop in values ranging from £1 to £1 15s a head. Sheep were sold at a reduction of Is fid to 2s 6d a head, while lambs were easier, to the extent of Is fid to 2s a head. There was little demand for store cattle, while in the pig section firmer prices were obtained for porkers. Fat Cattle—The entry comprised 270 head. It was a representative yarding and included a number of well-finished bullocks and a fair sprinkling of prime cows and heifers. Heavy bullocks sold to £l5 10s; light, £l2; heavy heifers, £l2; medium, £9 ss; light, £8; heavy cows,-£10; medium, £8 ss. Fat. Sheep.—About 200 sheep were penned. The yarding was of very- good quality. Another dull sale resulted and medium-weight sheep were easier to the extent of 2s fid and ewes Is M a head. Prime wethers sold to 19s; medium, 15s; prime ewes. ISs; medium, 10s; and light, 7s 9d. Prices realised for good quality mutton were equivalent to 24d and 3d a lb. Lambs—The entry numbered 700 head of fair to prime quality. There was good competition among butchers, but export buyers did not operate. Prime lambs sold to 16s 3d; medium, 12s fid; light sorts, 10s fid: unfinished,

Store Cattle. —About 150 store cattle were offered, the entry including 25

large bullocks and 25 good cows from Central Otago. Competition was very slack, there being little life in the sale. Best bullocks sold to £9 and good three-year-old steers £B. In the pig section 50 fats and 44 stores were offered. Porkers were slightly firmer, but there was no improvement in the prices obtained for baconers and store pigs.