COMMERCIAL.

Timaru Herald, Volume XCVIII, Issue 18084, 18 June 1924, Page 13

COMMERCIAL.

STOCK EXCHANGE.

By Telegraph—Press Association. AUCKLAND, June 17

Sales —New Zealand Government inscribed (1338.) £97 os; Kauri Timber, ids ; Breweries, 265. DUNEDIN. Sales; Westport-Stockton (ord.) 4s Eld, New Zealand Breweries 28s. Sale reported.—Bank of New Zealand, 53s 9d.

CHRISTCHURCH PRODUCE

REPORT

By Telegraph—Press Association. CHRISTCHURCH, Jurle 17. Oats are still on the quiet side, although they are firm, this applies to both “spot" and forward stub, but there is a feeling that there are several sellers who have yet to cover their due commitments. Partridge peas seem to be still on the downward trend, and recent ad-; vices front London show that tin re is little hope of improvement. Linseed has eased a little, and is now worth about 5s per ton less than last week. Chaff is firm, and quantities are being railed south. Timaru lias been supplied, and in a few instances chaff has been despatched even further south. During the past week Auckland also has inquired for chaff, for the reason that the quality of the last Australian shipment was not very good. Seeds are still the same, but inquiries are coming from the north already for spring sowing. There are inquiries from Ireland, for perennial ryegrass, and 281 b seed is being quoted at 10s per bushel. ' .. . , In potatoes, there is a slightly better tone in Auckland, and in consequence the market here is of opinion that they will do better by hanging on to their stocks.

LONDON PRODUCE MARKETS

The Bank of New Zealand have teceived the following advice from then London office, under date 13th inst. Butter. —Steady; 174 s to 176 s per L "ciieese.—Firm. Fresh landed, good conditiono, coloured 92s per cwt; white, 92s to 945. Held cheese, 2s to 4s per cwt. less. Frozen meat.—Wethers are in poor demand and there is very little inquuy for ewes. The immediate future prospects for ox beef depend on supplies from Argentine. There Js a fair demand lor cow beef. Wethers, light, (s|d to 7|d, heavy, ojd' to did; ewes, 4-id to si<l; lambs, under 421bs, 10d to lid, over 421bs, 9Jd to 10id, seconds 93d to 10id; ox hinds, 4jd to fores, 2fd to 2Jd; cow hinds, 4d to 4id, fores, 2d to 2fd.

TEMUKA STOCK SALE. At the Temuka stock sale held yesterday, a medium yarding of good quality ewes and wethers met a good sale at an advance of 2s per head. Very few fat lambs were forward, and sold at late rates. An average yarding of fat cattle met with a fair sale, prices being 011 a par with last sale. Only a few dairy cattle were forward, Sand-to effect sales, pVisry piooF"pfices had to be accepted. A large yarding of store cattle, mostly cows, met good competition, and prices were sliglitly better than last sale. Very few pigs were yarded, and, weaners were in strong demand at fully 5s per head advance. Sales were made as follows: — Fat Sheep.: —Ewes, 4 at 25s 9d, 19 qt 245, 21 at- 295, 1 / at 23s 9d, 17 at 235, 25 at 21s 7d, 23 at 265. Wethers, 4 at 425, 5 at 46s 6d, 22 at 345, 4 at 38s. Lambs, 27 at 29s 3d, 8 at 275, 7 at 2.15, 22 at 28s 3d. Store Sheep. —Aged ewes in lamb, 56 at 14s 2d, 44 at .lßs, 22 ewe lambs at 29s 3d, 16 wether lambs at 22s 7d, 18 2-tootli wethers at 29s 6d. Fat Cattle. —Heifers £5 ss, £4 ss, £3 ss; cows, £3 10s, £5 12s 6d, £5 7s 6d, £5 15s, £5, £4 10s, £4 ss, £5 10s; steers, 2 at £6. Dairy Cattle. —Cow in profit £2 10s, cow due one week £8 ss, springers 20s, £4 ss, £4, £3 10s. Store Cattle. —Steers, 8 at £3 15s, £2 2s, 2 at £4, 375; cows 9 at 275, 4 at 265, 2 at 235, 47s 6d. T~ ——