FINANCE AND COMMERCE

Taranaki Daily News, 27 April 1934, Page 12

FINANCE AND COMMERCE

SALES OF SHEEP AND CATTLE REPORT FROM WESTFIELD YARDS. “FIRM TONE IN ALL SECTIONS.” Auckland, April 24. There was a firm tone in all sections at the Westfield sale to-day. Fewer cattle were penned, but there was no improvement in prices, though bidding was brisk and the demand better. Extra choice ox beef made 20s per 1001 b.; choice and prime, 17s to 19s; secondary and plain, 15s to 16s; prime young cow and heifer beef, 15s to 19s; and ordinary cow beef, 10s to 14s. Extra heavy prime steers made £8 to £8 7s 6d; heavy prime, £7 to £7 17s 6d; lighter prime, £5 15s to £6 17s 6d; light prime, £5 to £5 12s 6d; small and unfinished, £3 10s to £4 17s 6d; extra heavy prime young cows and heifers, £4 10s to £5 10s; heavy prime, £3 10s to £4 7s 6d; lighter prime, £2 5s to £3 7s 6d; other killable cows, £1 10s to £2 2s 6d. . There was a larger yarding of sheep, including a fair proportion of-well-fin-ished wethers, which sold at slightly higher values. Ewes also sold well at advanced rates for good sorts. Wethers, prime, 23s to 295; unfinished, 18s 6d to 225; ewes, prime, 17s to 23s 6d; unfinished, 10s to 16s 9d. A good ‘offering of lambs attracted buyers and, with many prime lots, they sold readily at full late rates. Prime lambs, 17s 6d to 25s 6d; unfinished, 10s to 16s 6d. , . , , . A smaller entry of fat calves met better competition and prices showed an improvement. Runners, 35s to 725; vealers, 19s to 545. Pigs were offered in decreased numbers. Bidding was steady throughout, last week’s values ruling. Heavy baconers, 63s to 675; others, 40s to 60s; porkers, 26s to 375; stores, to 225. NO PRICE ALTERATION PRIME MEDIUM WEIGHT BULLOCKS COMPETITION AT JOHNSONVILLE. Wellington, April 24. At the Johnsonville sale to-day, Wright, Stephenson and Co., Ltd., and Abraham and Williams Ltd. offered an average yarding of cattle and a smaller yarding of sheep and lambs. The cattle comprised chiefly prime medium-weight bullocks. Competition was keen, with prices showing no alteration. There was a smaller yarding of cows and heifers of good quality, with prices showing an easing of 5s per head on last week. There was an average yarding of vealers of good quality, prices being easier at late rates. There was little demand for wethers, only well-finished sheep being sought after. Plain sorts were unsaleable, with no alteration in prices, for heavy sheep. The ewes yarded were of exceptionally good quality, with a limited demand at prices on a par. Owing to the high prices ruling in the paddock for lambs for export, very, few butchers operated, only a. few pens being sold, prices for prime heavy lambs being slightly easier than last week’s rates. Cattle: Prime heavy, bullocks, 8 (single), £7 18s (single), £7 15s (single), £7 13s, £7 10s, £7 Bs. Prime heavy cows and heifers, £6 (single), £5 16s (single), £5 10s (single), £5 Bs, £5 ss, £5, £4 18s, £4 9s. Runners, £2 15s, £2 10s, £2 8s 6d, £2 7s, £2 ss, £2 3s, £2. Vealers, £1 17s, £1 14s, £1 12s 6d, £1 11s 6d. Sheep:- Prime extra heavy wethers, 26s 9d small pen, 26s 6d, 26s 4d. Prime heavy wethers, 235. Prime extra heavy ewes, 22s 5d small pen, 22s 3d small pen, 22s 2d, 225. Prime heavy ewes, 21s, 2fis 9d. Heavy lambs, 24s 6d, 24s 3d, 24s Id, 23s 6d. Medium lambs, 30s. Light lambs, 18s 6d. WELLINGTON WOOL SALE THE OFFICIAL RANGE OF PRICES COMPARISON WITH MARCH RATES Wellington, April 23. Following is the official range of prices recorded. at to-day's wool sale, those for the March sale at Wellington being given for comparative purposes: March, April, 1934. 1934. • d. d. d. d. Merino—

FRUIT AND VEGETABLES. The retail prices of fruit and vegetables at New Plymouth yesterday were: Cooking apples 5 and 61b Is dessert apples 51b Is, Cox’s Orange Pippin 31b

Is, pears 41b Is, quinces 41b. Is, oranges 5 for Is, grapefruit 5d each, tomatoes 2Jib. Is, lemons Is 6d a dozen, passion fruit 6d a dozen, bananas 31b. Is, pineapples Is and Is 3d each. Vegetables: Peas 31b. Is, cauliflowers ,4d to 8d each, cabbages 3d »nd 4d each, beetroot, carrots and parsnips 2d a bunch, onions 101 b Is, pickling onions 81b Is, pumpkins l£d lb, marrows 3d and 4d each, swedes Id a lb., potatoes 81b. Is, cucumber Id and 2d each, celery 2d to 4d a head, lettuce 2d and 3d each. TALLOW AND HEMP LONDON MARKETS QUIET The Department of Agriculture has received the following cablegram, dated April 21, from the High Commissioner for New Zealand, London: Tallow: Quiet demand at auction; 1005 casks offered, of which 270 sold at Is 6d to 2s per cwt. decline on the prices ruling at last auctions. Present spot quotations’ are:—Mutton: Fine, 22s 6d; fair to good, 18s 6d to 21s; dark to dull, 16s 6d to 17s. Beef: Sweet and/or mixed, 19s to 20s 6d; fair to good, 18s 6d to 19s; dark to dull, 16s to 16s 6d. Mixed; Fair to good, 17s to 18s 6d; dark to dull, 16s to 16s 6d. Gut, etc., 15s to 16s 6d. Hemp:—Manila: Market quiet; inclined to be easier at the close. “K” grade quoted, sellers at £l3 15s. Output January 1 to April 9, 364,000 bales, against 306,000 for the same time last year. Stocks in the United Kingdom at March 31, 18,592 bales, against 12,092 at the same time last year-. Stocks in Manila on April 9, 131,000 bales, against 133,000 at the same time last year. Sisal: Market easier. April-June' shipment sold at £l6 ss; June-August shipment at £l6 10s. New Zealand: Market quiet and unchanged. Stocks in London at March 31, 33 tons, against 62 tons for the previous year. LIVE STOCK MARKET CARTERTON SALE At the Carterton sale last week the auctioneers offered a good yarding of cattle, sheep, and pigs. Sheep and pigs were keenly sought after and sold at prices in advance of recent sales. Among the cattle offered were several pens of choice springing heifers which elicited keen competition. A clearance was made as follows:—Sheep: 88 m.a. ewes, r.w. S.D. March 10, 22s 6d; other ewes, r.w. S.D., 18s 6d; fat ewes, 18s 6d to 19s; forward b.f. lambs, 15s 6d, 16s 2d to 16s 8d; fat lambs, 21s to 245; small store lambs, 10s Id to 10s 6d; empty ewes, 15s 5d to 16s 6d; shorn w.f. wether lambs, 14s 6d, 15s to 15s 6d. Cattle: Springing cows, £4, £4 10s, £5, £5 10s to £5 15s; cows just calved to £6 12s 6d; spg. heifers, £3 12s 6d, £3 15s, £3 17s 6d, £4, £4 ,15s to £5 17s 6d; fat and forward bullocks, £5 ss; store bullocks (dairy), £3; fat cows, £2 12s, £3, £3 5s to £3 9s; cows with calves at foot, £2 15s to £3; store cows, 21s, 22s to 27s 6d; forward cows, 295, 30s, 31s to 345; potter bulls, £3, £3 10s to £4 10s; empty 18-mos. Friesian heifers, £2 to £2 2s; weaner heifers 15s to 17s 6d. Pigs: Weaners, Ils 6d, 12s, 12s 6d, 14s to 16s; slips. 16s 6d, 17s to 18s 6d; porkers, 225, 23s 6d, 255, 275, 30s to 32s 6d. SALES OF STOCKS AND SHARES. ' Sharemarket' business reported by the Press Association yesterday was:— ■ Wellington: Sales on exchange: Waihi. 35s 2d, New Zealand Breweries 425. Dunedin: Reported sale: Canterbury Meat (ord.), £9 2s 6d. Christchurch:—Sales on exchange: New Zealand Govt. 4 per cent. Inscr. 1946, £104; Comm. Bank, 16s lid (2 parcels); Bank of New South Wales, £33; Bank of New Zealand (cum div.), 48s 9d; Bank of New Zealand (“D” Mort), 34s 2d; Union Bank, £lO (4 parcels); Goldsbrough Mort, 34s 4d; Canterbury Frozen Meat (pref), £5 10s; New Zealand Refrig. (10s paid), 7s 7d, 7s 6d (4 parcels); Stockton Coal (pref.), 3s sd; Anthony Hordern, 15s Bd, 15s 9d; Dunlop Rubber, 18« i 7d (4 parcels), 18s 8d (4 parcels), 18s 9d, 18s 8d (2 parcels); Moturoa Oil,' 3s lid; Wilsons .Cement, 27s (3 parcels); Freshford, Id; Brian Boru (cum div.), 38s 9d; Gillespie’s Beach, Is 9d; Golden Point, 2Jd; Goldfields Dredging, Bd;' King Solomon, 4s 6d; Maerewhfenua, lid (2 parcels); Mahakipawa, 7M (5 parcels); Mahakipawa (pref), Is Id; New Cornish Point (6d paid), 7d; Okarito, 8s 6d (2 parcels), 8s 5Jd; Rawang Tin (ex div), 8s lid (4 parcels); Skippers (9d paid), 9d. Sales reported: New Zealand Govt. 4. per cent. Inscr. 1946, £104; New Zealand Govt. 4 per cent. Inscr. 1949, £lO2 10s (2 parcels); Comm. Bank, 17s (2 parcels); Union Bank £lO Is (2 parcels); Christchurch Building Society, £l3 10s; Goldsbrough Mort, 34s sd; New Zealand Refrig. (£1 paid), 18s; Dunlop Rubber, 18s 9d (4 parcels), 18s lOd, 18s 7d; Moturoa Oil, 4s; North Canterbury Co-op. Flour, 15s; Wilsons Cement, 275; Gillespie’s Beach, Is 91d; Mahakipawa, 71d, Bd, 7ld (2 parcels); Mount Morgan, 20s 6d; Skippers (9d paid), 10d (2 parcels), 9d; Henry Jones, 22s Bd. Auckland:—Sharemarket sales: Natl. Bank of N.Z., £3 19s; Bank of New Zealand, 48s 9d, 495; New Zealand Insurance, 60s; South British Insurance (ex. div.), 78s 3d; Farmers’ Auc. (B pref.), 20s; Auckland- Gas, 25s sd; Devonport Ferry, 21s; Donaghy’s Rope, 49s 6d; Elec. Zinc, 27s 3d; Morris Hedstrom, 17s Id; N.Z. Refrig. (10s paid), 7s 6d; Mahakipawa, Bd, BJd, 8d (2 parcels) ; Talisman Dubbo, Ils 9d. Unofficial list: Invest. Exec. Trust (2nd B), £96. , AHAURA GOLD. Applications are coming in for shares in the Upper Ahaura Gold Dredging Company, Limited, which i? to dredge for gold on the Ahaura River on the West Coast. The main North-South lead crosses the river and on the boring to date excellent dividends are assured. Applications for shares, or a prospectus, may be made to the Issuing House of N.Z. Ltd., P.O. Box 1617, or to any member of any of the N.Z. Stock Exchanges.*

Extra super ... None None Super None ' None Average 16f to 18 15 to 164 TnfArinr .... to 15± to 12? Fine halfbred, 56/58 — Extra super ... . 22 J- to 23J None Super ......... None None 17 to 19! 14j to 181 Inferior 134 to 16| 124 to 144 Medium halfbred, 50/56— Extra super ... None None Super 18! to 19 None Average 15J to 18J 13 to 164 Inferior, 11 to 15! 10 to 12 Extra fine crossbred, 48/50 — Super 18? to 164 Hi to 15J Average 10! to 13! 9 to 111 Twfpriftr 6? to 104 5| to 8| Fine crossbred, 46/48 — Super 11 to 13j 10 to Hi Average ....... 8s to 10} 6.f to 9J Inferior 6 to 8! 4} to 64 Medium crossbred, 44/46— Super 9! to 121 8! to 9! Average 7 to 9 6 } to 8 Inferior ....... 4! to 6 Coarse crossbred, 40/44— Super 8! to 104 8 to 9 Average 6! to 7J 54 to 7 Tnfprinr 5 to 64 4 to 5J Low crossbred, 36/40— 74 to 91 to 7 to 7 5 to 6 Inferior 5 to 6 None Hoggets— 1 ■ 48/50 8 to 16J 74 to 13j Fine, 46/48 8 to 13! 6 to 114 Medium, 44/46 .. 61 to Hi 6 to 10i Coarse, 40/44 ... 81 to 84 6! to 74 Low, 36/40 None None Lambs— Down, 50/56 ... 13 to 18 10! to 15 Fine, 44/50 10! to 15 94 to 134 Medium, 40/44 .. to Hi to 91 Seedy and in6! to lOj 24 to 91 Bellies and piecesMerino, good to super 12! to 141 None Merino, low to medium to 124 to 10! Halfbred, good l to super lit to i4i 8i to Hi Halfbred, low to medium 74 to 114 None Crossbred, good to super 6f to Hi 5f to 8| Crossbred, low to medium 31 to 74 41 to 61 Cmtchings— Medium to good 61 to 8t 54 to 74 Inferior and 31 to 6 24 to 5 Locks— to 81 None Halfbred 51 to 7 6 to 61 rCossbred 3! to 54 3 ‘to 5