FINANCE AND COMMERCE

Taranaki Daily News, 27 July 1931, Page 12

FINANCE AND COMMERCE

FEILDING STOCK SALE.

FAT LAMBS EASIER.

Feilding, July 24,

With only one freezing company operating, there was a fall in the pi ice of fat lambs at the Feilding stock sale to-day. Wethers and ewes, however, maintained a good level, rates being generally fully up to last week s prices. There was a heavy yarding of fat lambs, wethers, and,ewes. ■ .Fat lambs. —Primest sold at 16s 6a, a drop of 2s to 3s per head; prime lambs, 14s to 15s; good, 13s Id Io 13s bd, medium, 12s to 12s 9d; lighter sorts, from 9s 6d. Fat wethers.—Primest heavy weights, 17s 4d: prime, 15s 9d to 16s Id; good, 14s 5d to 5s 4d; fair, from J2s lid; fat. 2-tooths, very good, 16s Id; others at 14s 6d to 15s. Fat ewes. —Primest maiden, ros Da. 16s 6d, and 16s 7d; prime, 15s 2d to 15s lOd; good, 13s 2d to 14s Sd; medium, from 12s Id. Store sheep.—Two-tooth, to 4-year ewes r.w. Southdown rams, 14s 6d; 4vear ditto, 10s 7d; 4,.6, 4-year ditto, 13s id; 4, 6-tooth, ditto, Ils 6d; 4, 5-year ditto, -8s 2d to 13s 6d; 5-year ditto, 5s to 13s; mixed age ewes, ditto, 5s JOd to 10s; wether hoggets, 4s 9d to 7s Od; ewe hoggets, 10s to 12s 9d; 2, 4-tooth wethers, 9s to 12s lid; 2-tooth wethers, 12s id; b.f. ewe hoggets, 8s lOd. A heavy yarding of dairy cattle was offered to an interested bench of dairy farmers; bidding was brisk and prices wood. Jersey heifers, running with bull, made £lO ss; heifers, late calvers, showing qualitv, £6 os to £6 12s 6d; good heifers, late calvers, £5 to, £5 10s; others, from £3 upwards; dairy cows, good condition, guaranteed sound, £B_to °£B ss; fair condition, £5 10s to £6 15s; poor cows, from £4. Fat cattle.—Cows, heavy, £5 12s bd, £5 15s; light, £2 to £4 7s 6d; fat heifers, £4 2s 6d; runners, £2. ■ Store cattle.—Yearling heifers, 14s to 40s; empty heifers, 16s to 425. THE FROZEN MEAT MARKET. LONDON QUOTATIONS. By Telegraph—Press Assn.—Copyright. Rec. 5.5 p.m. London, July 25. The weekly quotations for the undermentioned classes of frozen meat are based on actual sales of wholesale quantities' of .careases of mutton or lamb, or of quarters of beef delivered to Smithfield market and/or ex London stores. They are compiled by the Quotations Committee, Smithfield. To arrive at the equivalent ex ship values one farthing per pound, should be deducted from the prices quoted below. Quotations given represent the average for the week, and are not selected lines, but for parcels fairly representative of the bulk of shipments now on offer. New Zealand Sheep—Canterbury and North Island selected crossbred wethers and maiden ewes, 48 to 561 b., 4 7-Bd.; 57 to 641 b., 4 5-Bd.; 65 to 721 b., 4Ad.,North Island crossbred- wethers and maiden ewes, 48 to 561 b., 4,|d.; 57 to 641 b., 65 to 721 b., did.; ewes, under 481 b., 4 l-Bd. 48 to 641 b., 3fd.; 65 to 721 b., 3Jd. Australian Sheep.—First quality crossbreds and/or Merino wethers, 40 to 65 lb., 4d.; 30 to 551 b., 4d.; ewes, 30 to 551 b., 4d. .

Argentine Sheep.,— J First quality crossbred wethers and maiden ewes, 57 to 65 lb., 4 5-Bd.; first quality crossbred wethers 48 to 641 b., 4 3-Bd.; 65 to 721 b., 4d.; over 721 b., none offering. 1

Patagonian Sheep. —Wethers and maiden ewes, under 501 b., 44d.; 50 to 601 b., 41d,; ewes, 40 to 501 b., 3 5-Bd. New " Zealand Lambs.—Canterbury, 361 b. and under, 71d.; 37 to 421 b., 7 3-Bd.; 43 to 501 b., 7d.; second qualify, average 301 b., 7 l-Bd. Other South Island brands, 361 b. and under, 7|d.; 37 to 42 lb., 7 l-Bd.; 43 to 501 b., 6£d. Selected North Island brands, including Downs, 361 b. and under, 7fd.; 37 to 421 b,, 74d.; 43 to 501 b., 6 3-Bd.; second quality, average 301 b., 7 l-Bd. Other North Island brands, first quality, 361 b. and under, 7 l-Bd.; 37 to 421 b., 7d.; second quality, average 301 b., 7d. Australian Lambs.—Victorian, first quality, 361 b. and under, 6 5-Bd.; 37 to 421 b., 61d.; second quality, 361 b. and under, fljd. Other States, first quality, 381 b. and under, 6id.; 37 to 421 b., 6jd.; second quality, 361 b. and under, 6Jd. All States, third quality, 6 l-Bd.

Patagonian Lambs. —First quality, 36 lb. and under, 6 5-Bd.; 37 to 421 b., 6Jd.; second quality, average 301 b., 6 5-Bd. Argentine Lambs. —-First quality, 361 b. and under, 6Jd.; 37 to 42M)., 6id.; 43 to 501 b., 6Jd.; second quality, average 301 b., 6Jd-

Patagonian Lambs.—First quality, 36 lb. and under, 37 to 421 b., 6Jd.; second quality, average 301 b., 64d. Uruguayan Lambs.—First quality, 36 lb. and under, 6id.; second quality, 37 to 421 b., 6d.; third quality, average 30 lb., 6 l-Bd. New Zealand Frozen Beef.—Ox fores, 160 to 2201 b., none offering; other sorts, none offering. 1 Australian Frozen Beef.—Ox crops, under 1001 b., 2Jd.; over 1001 b., 2 3-Bd.; ox hinds, under 1601 b., 3 3-Bd.; over 160 lb., 3id. Argentine Chilled Beef.—Ox foresj 160 to 2201 b., 3|d.; ox hinds, 160 to 220 lb., 7d. New Zealand Pigs.—First quality, 60 to 1101 b., average 901 b., 6d.; 110 to 120 lb., sid. Australian Pigs.—-First quality, 60 to to 1101 b., average 901 b., 6d.; 11l to 120 lb., s|d. RAW MATERIALS MARKET, Rec. 5.5 p.m. London, July 25. Friday’s closing -prices, with those for July 18 in parentheses, are:— Cotton. —August delivery, 4,78 d. (4.98 d. per lb. Rubber. —Para,, 44d. per lb.; plantation, smoked, 3d. (3 l-16d.). Jute. —Angus t- S-epte mb e r ship me nt, £l5 15s. ( £l5 7s. 6d.) per ton. Hemp.—None offering. Copra. —August-September shipments, South Sea, £ll 15s. ( £l2) per ton; plantation, Rabaul, £ll 17s. 6d. (£l2 2s. 6d.). Linseed Oil.— £l7 10s. (£l7 55.) per ton. Turpentine.—47s. (475.) per cwt. I SHAREMARKET TRANSACTIONS. Auckland, July 25.—Sharemarket sales: Mount Eden, 1961, per cent., £lOO (late sale Friday); National Bank of New Zealand, £4 3s 6d; Bank of New Zealand, £2 Ss 6d; South British Insurance, 50s 9d; Taupiri Coal, 21s; King Solomon, 2s 9d; Mahakipawa, 8d; Waihi Grand Junction (late sale Friday), 4s 3d, 4s 3d. Wellington, July 25.—Sale reported: Hamilton Borough, 4i per cent., 1947, £B4 10s.

Christchurch, July 25. —Stock exchange sales: Commercial Bank of Australia (cum div.), 14s 2d; Union Bank (cum div.), £6 16s 6d; Christchurch Gas (10s paid, cum div.), 'l2s 6d; Quill Morris, 7s 3d; King Solomon, 2s lid; Golden Point (Is paid), Is 104 d.