COMMERCIAL.

Timaru Herald, Volume XCVIII, Issue 18084, 31 May 1923, Page 5

COMMERCIAL.

STOCK EXCHANGE.

By Telegraph—Press Association, AUCKLAND, Wednesday. Sales.—Soldiers' Inscribed tj } 2 per cent.- £lO2 os; Auckland Gas, fives, £lll ;■ Auckland .Liarhour, 1929,' £95; Bank ot New South Wales £4l; Bank oi New Zealand tills, 62s 9d; New Zealand Insurance 29s 3d; Taupiri Coal 20s'';, Alilne Choyce Debenture _ 245; [Ward's Brewery 49s 6d; Waihi 25s 3d.

, By Telegraph—Press Association. WELLIN' .4, Wednesday. Sales—Wellington Racing Club £lll7. 10s; New Zealand Loan and Mercantile, ordinary debentures, £BO. By Telegraph—Press Association. CHRISTCHURCH, Wednesday. Sales on 'Change.— Goldsbrough Mort. £2 8s 3d; Crown Brewery £2 13s 9d (two parcels); Ward’s Brewery £2 8s 9d. ..

Sales reported.— New Zealand Government 41 per cent. 1938, £97 17s til; Do. 193*9, £97 7s 6d; Royal Bank (£4 paid) £7 2s; Union Bank £l4 15s; Goldsbrough Mort. £2 12s 6d (three parcels), £2 13s, £2 .14s; Manning’s Brewery £5 15s (two parcels).

‘ By Teloerapii—Press Association. DUNEDIN, Wednesday. Sales on ’Change.— New Zealand Loan and -Mercantile £81; Westport Stockton ord 5s sd; Manning’s Brewery £6; Alt. Lyell 24s 6d. Sales reported.—Bank of New Zealand '62s 9d.

LIVE STOCK SALES, ADDINGTON. Bv Telegraph—Press Association. ■ CHRISTCHURCH, Wednesday. At the Addington market there: was a sharp rise hr the, prices of fat lambs and sheep to-da.y, and a slight recovery in h'eef prices. Store sheep also sol'd spiritedly. Store Sheep.—There was a good yarding for the winter, and an improved market for all classes, notably forward wethers. There were very few passings. " Good forward four and sixtooth half-bred wethers brought 30s 5d to 31 s; ordinary four, six and eighttooth wethers 20s 6d to 235; cull four, six and eight-tooth wethers 18s to 20s. Faiflv good four,, six and eight-tooth half-bred ewes in Jamb sold at 29s to 31s 9d; ordinary § half-bred four, six and eight-tooth ewes in lamb 25s 6d to 295; good failing mouthed cross-bred ewe.Vin.7lamb 30s 3d; four, six and eight-tooth ewes m lamb 29s 2d; aged

ewes, in lamb 12s 6d to 17s. Half-bred ewe hoggets realised 26s Id; ordinary ewe hoggets 22s to 235; mixed sex hoggets 19s' to 225. Cross-bred wether Hoggets sold at 16s to 20s 6d; culi wether hoggets 9s 9d 'to 14s. Fat Lambs.—A yarding of 1720 was penned and met an improved market by over a halfpenny per lb, over ail, values being a full 9§. Extra prime lambs 32s to 38s 9a; prime 29s 3d to 31s 9d; medium ?6s to 295; light and inferior 21s to 255. Eat Sheep.—A smaller yarding sold at improved prices by from 2s 6d to 3s 6d per head.' Extra prime wetherS realised 355; prime 32s to 34s 9d; medium 29s 6d to Sis 9d; inferior 26s 6d to 295. Extra prime ewes made 32s 7d; prime 26s Gd to 30s; medium 22s 6d to 265; light 18s 6d to 225; old ewes 16s to 18s 3d. Eat- Cattle. —There was a better sale particularly for prime medium sized beef. Best made 27s 6d per 1001 b, good 23s to 265, medium 21s to 22s 6d, light from 18s downwards. Extra prime steers sold at £l3 10s; prime £9 to £l2, medium £6 12s 6d to £8 15s, light £4 5s to £6 10s. Extra prime heifers brought £8 10s 6d to £lO 17s 6d; prime £5 os to £8 ss; ordinary: £3 5s to £5 2s (id. Extra prime cows £8 ss; prime £4 15s to £7ss; . ordinary £3 5s to £4 10s; old £37 Vealers. —Good vealers were a shade better. Runners were sold at £4 10s, ordinary vealers £3 to £3 15s; medium £1 5s to £2 ss; calves 3s to 15s. Store Cattle.—A non-descript yarding, and no quotable lines. Dairy Cattle. — Springers close to calving sold well. Good second, third and fourth calvers £7 to '£l3; extra good £l7. Good springing heifers £7 to £l2 10s, extra good £ls 10s; backward sorts £2 to £4.

Fat Pigs.—A medium entry of porkers sold at up to late rates, but baconers were weaker. Choppers £3 to £6 10s, light baconers £3 os to £3 10s, heavy £3 15s to £l, extra heavv £4 ’ 3s. Average per lb skl to 6d. Light porkers £2 to £2 ss, heavy £2 10s to £3. Average price: per lb 7-Jd to Sd. Store Pigs.—A weak demand. Weaners realised 5s to .13s 6d, small stores 12s to 15s, medium 28s to 235, large 30s; sows in/pig £3 5s to £3 10s.

BURNSIDE. By Telccranh —Press Association, DUNEDIN, Wednesday. Owing to the fact that there will be no sale at Burnside next week, on account of the Winter Show, there was a double market to-day, the beef and mutton sections being particularly well supplied. Fat Cattle.—There was a yarding of 370 head. The market opened at last week’s rates, but gradually firmed until at,the close, although the auctioneers were selling by artificial light, prices advanced fully, 20s per head, .Extra prime ox beef was worth 27s to 28s per I.oolb, light weight prime ox beef up to 30s; prime heifer beef 22s 0d: light heifer 20s; good cow beef 18s to 20s;

1 old and inferior ,10s to 17s Gd. Extra prime heavy bullocks sold up to £l6, heavy prime L'l2 IBs to £Us, medium iU ]os to £lO !():■:. light from £6 IDs. Extra prime heavy heifers sold up to £8 10s, prime .LB RJs to £7, medium ,L 4 t fls to £6. light and aged cows Irorn £3. ' ‘ Sheep.—The entry totalled over 5000 head compared with 3188 last week. Butchers operated keenly. The demand was fairly brisk for all good quality sheep, but the opening sales showed a ieduction of about 2s per head, as compared with last week’s rates. Prices, however, firmed as the sale progressed and the closing sales showed a reduction of about Is per head. Extra heavy wether mutton brought s£d per lb, prime SJd to 6fd; second quality and light weights 6d" to'Ofd. Extra prime heavy ewes realised 4id ; lighter ewes 4d to ltd, second quality ewes .‘LidExtra prime-heavy weight wethers readsed up to 61s, and many other good lots from 44s to 58s; prime 36s 6d to 425; medium 30s to 325; light and unfinished sorts 24s to 275. Extra prnnei heavy weight ewes realised from >3os to 3Ss • prime 2.s to 3ls; medium 16s to ISs; light and aged 10s to 14s. Eat Lambs—A total of 1233 was penned. Freezing buyers and buteheis competed keenlv for all pens that weie fit to kill and’late rates were well maintained. Extra prime show lambs made up to 91 d per lb, prime freezing lambs 9d, second quality 8d to Sjd. Extra prime lambs realised to 35s ha ; prime, 28s to 325; medium 24s to 2bs. Store Cattle. —The store cattle entiv was also a very heavy one. the yaicling included onq, or two lines ot exceptionally good lour and five year old bullocks which sold up to £ <' s per head. A large number of cows ancl heifers were offeree!, which were sold-nt late rates. Young and inferior cattle sold at cheap rates. , Pigs.--There was an over supply ot pics, all classes represented. Competition was fairly brisk, but prices were easier to the extent of lull? « s per head, both for baconers and P Ol v : crs. Prime baconers realised up to oci and prime porkers up ,to 6;jd per lb.

GERALDINE

At the Geraldine live stock market yesterday sales were made as follows: — Lambs. —13 at 26s 2cl, 24 at oos 9d, 64 at. 23s Sd, 44 at 25s lOd, 50 at. 27s sd, 65 at 265, 20 at 24s 6d, 25 at 29s lOd, 41 at 28s, IS at 27s sd, 116 at 245, 46 at 28s 3d, 89 at 2Ss lOd,- 44 at 29s 6d, 48 at 23s 4d, 24 at 29s Id, 19 at 35s 2d, 60 at, 27s sd, 3 at 22s 9d, S at 2553 d, 17 at 27s lOd, 6 at 2Ss 6d, 3 at 275, 58 at 25s 6d, 33 at 24s' Gd, 30 at 24s 6d, 71 at 29s Id, 6 at 27s 10d, 107 at ,265, 80 at 25s 6d, 93 at 265, 33 at 29s 6d, 118 at 275, 75 at 2Ss, 71 at 27s 9d.

Fat Wethers. —19 at 28s, 17 at 31s, 10 at 32s 3d, 2 at 31s 3d, 36 at 2Ss Id, 57 at 27s Id, 6 at 35s 6d, 10 at 32s Id, 2 at ISs, S at 32s 6d, 53 at 33s 3d.

Ewes. —9 at 18s, 12 at 17s, 16 at 22s lid, 16 at 15s 6d, 22 at 15s Sd, 4 at 21s 6d, 32 at 21s 6d, 20 at 17s 3cl, 17 at 17s 6d, 32 at 18s let, 6 at 14s, S 3 at 18s, 21 at 19s lOd, 17 at 21s, S at 17s Gd, 47 at 16s Sd, 10 at 15s 9d, 4 at 15s 6d, 5 at 11s Gd, 76 at 275. Stores. —16 wethers at 25s 9d, 26 at 28s 3d, 32 ewe lambs at 24s 4d, 15 wethers at 265, 150 6 and 2-tooth wethers at 26s 3d, 246 f.m. wethers at 16s lid, 33 ewes at 13s 9d. Pigs.—Porkers £2, 325, 30s, 255; weaners 10s to 15s.

' GRAIN AND PRODUCE

CANTERBURY MARKETS

3y Telegraph—Press Assueiailur

CHRISTCHURCH, Tuesday. As the digging of potatoes proceeds the extent of-damage is being more accurately approximated, and the results are' shovring no improvement on previous reports. The graders at Lyttelton are having a difficult time with consignments coming to hand, and with the, lethargic movements of boats there is no certainty that even passed potatoes will arrive in Auckland in anything like sound order.

The Kaitokei, due to leave early this week, will not now sail until Friday, one cause of the delay being that there is a holiday somewhere or another in the North Island, and it is as cheap to hold-the vessel in Lyttelton for the day as elsewhere. Fairly heavy quantities of potatoes are going to Lyttelton, but the rejections are very heavy. There is no certainty as to the Kaitoke’s quantity, although it is understood that last week’s estimate of 7000 sacks will he near the mark, that is if the proportion of rejections gets no heavier. The Whangape will leave on June 2, and a third vessel towards the end of next week. Over the by these sailings, it is estimated that up to 20.000 sacks will be shipped. The proportion of sales' has taken place

at £B, at country stations for prompt delivery, but merchants are generally offering :L7 Ids to £7 15s for whites, and to £7 5s for reds. Alcrelnmls basis of business with Auckland is up to £9 10s f.0.b., sacks in, for promptdelivery, to £lO 10s for July-Septem-ber. Chaff is a shade easier, doubtless due to the report that Auckland lias bought 1000 tons of “dumped’’ stuff from Australia. Oats are inclined to be firmer with no change to report in values. The pea market is very strong, sales having been made at up to 8s 6d f.0.b., equal to 7s Gd to 7s 9d at country stations, ancl the remarkable finning of tire Home market has been unexpected in local circles.

Millers are buying wheat freely. Fowl wheat is firm at 4s at country stations.