COMMERCIAL.

Timaru Herald, Volume XCVIII, 7 May 1925, Page 2

COMMERCIAL.

SALE OF BUTTER

By Cable—Press Association —Copyright.

Australian and .N.Z. Cable Association

LONDON, May 5. Mr Brigg, the retiring president of tho Mancnester Wholesale Provision Co., suggests that tho Government should compel all imported butter to be packed 111 56ib boxes instead ot tubs. He points out that until recently Continental butter fetched (3d per lb ever Xsew Zealand best, though there was no difference in value, traders explain that the difference in price is sdlely duo to women ill certain districts, who do not believe they are getting their money’s worth unless they toe the blitter ladled from tho tubs. They always thought tho best butter came therefrom, and cannot change old established habits. Mr Brigg adds that New Zealand cannot ship in tubs owing to the fi eight charges and difficulty of storing.

ADDINGTON MARKET,

RATES FOR FATS FIRMER,

liy Tel,apit— a r-si. Association. CHRISTCHURCH, Alay 6. Entries in practically all classes at Addington to-ilay were smaller than usual, due to some extent to the interruption caused to transport by tho boisterous weather. There was a very sound salo in all sections, with a shade of improvement for fat sheep, and a pronounced firming for fat cuttle. Store sheep.—A small entry comprised mostly back country wethers. The sale opened slackly, but improved surprisingly, there being a free sale. Forward lambs sold at 26s to 27s 3d, ordinary 23s to 25s 8d; kalfbred ewes 28s to 31s 3d, crossbred ewes 27s 9d, two-tootlied threcquarterbred ewes 395, two, four, six, and eight-toothed threequarterbred ewes 31s 7d to 3os, five-year-old half bred ev.es 365, forward four and six-tootlied wethers 35s lOd, good four and six-toothed 32s lOd to 33s 3d, good two-toothed Romney cross 335, two-toothed lialfbred wethers 25s 8d to 28s, crossbred two-toothed wethers 27s to 29s 3d. Fat lambs.—A small entry of less than 2000 experienced a good sale. Extra prime lambs realised up to 455, prime 38s to 425, medium 34s 6d to 37s fid; store lambs 27s to 31s. Fat sheep.—There was a small yarding of eight races, against a normal entry of eleven. A better salo all round was recorded for good mutton by Is to Is fid per head on last week’s rates. Extra primo wethers made to 565, prime 4.3 s fid to 455; extra prime ewes 33s 10d, prime 37s to 40s. Fat cattle.—An unexpectedly heavy yarding of 505 head was submitted. Over the earlier and middle stages the market was better than last week by 30s per head, but there was an easing towards the finish. Choieest bcef made 41s per lOOlbs, good 36s to 38s fid, medium 32s fid to 35s fid. Extra prime steers realised £lB 17s 6cl, prime £l4 53 to £l6 15s, medium £ll 15s to £l4; extra prime heifers £l2 7s 6d, prime £8 10s to £11; extra prime cows £l2 7s fid, prime £7 10s to £lO ss. Vealers. —A small entry and a good sale. Runners brought up to £5 10s, good vealers £4 10s, medium £3 5s to £3 15s; good calves £2 to £2 15s, small 15s to 30s.

Store cattle. —Tlie only quotable lino was some 3 and 4-year-okl steers, which made £6.

Dairy cattle.—A very small entry was yarded. The demand for cows at tlie drop was good. Best second to fourth cal vers sold at £9 to £ls, medium £6 to £8 10s, best springing heifers £8 to £l2 10s.

Fat pigs.—A' good entry met with an average demand. Choppers £3 to £7, baeoners £3 15s to £6 4s (average price per lb 6£d to 71 d), porkers £2 8s to £3 14s (average price per lb 7-Jd to 9d). Store pigs were easier in price than last week. Weaners 6s 6d to 16s, stores 20s to 445.

BURNSIDE SALE,

By Telegraph—gross Association. DUNEDIN, May 6. There were no appreomme euanges in prices at Jj urnsiuo to-uay. 'more was a nrmuig or prices oi ueavy we tilers and ewes oy auout 2s per Jiead. freezing buyers computed keenly ior medium Weignt wetneis and owes, and tnoso also sold nrmur. The prices per_ it> were —extra Heavy womens vd to 7id, Jignt wetners /jd; extra pr.mo ewes 5u to s|d, light and aged 4d to 4£d; prime iamoo lUd to liju, medium 9d to Extra prime weihers sold up to sis, prime from 46s to 50s, good from 42s to 445; extra prime ewes up to 475, prime from 3ls to 375, freezing ewes lrom 20s to 295, light from 21s to 245. Lambs. —About 700 were penned. Competition for all prime quality was good, while graziers bought forward sorts freely. Extra heavies sold to 445, primo from 37s to 395; good rape lambs from 31s to 32s 6d. Fat cattle. —254 were yarded, principally medium quality cows and heifers, with very few extra primo bullocks. Prices were a little higher. Primo bullocks brought from £l3 10s to £ls, and it was expected that heavier animals would range in prico io about £l9. Mediums went fvmn £ll to -£l2; best cows and heifc-1 from £8 to £9 (extra primo to £lO 10s). Prices per lOOlbs wore—Extra prime bullocks 33s to 355, prime light weight 30s to 32s 6d, prime heifers 27s 6d to 32s 6d.

Store cattle.—32o were entered. 4-year-old steers fetched up to about £9 10s. The ccws sold a bit better than last week.

Pigs. —137 fats and fiftv slips were entered. Several pens of primo baconers were inclu-' l ed, and fats sold at about last week’s rates. Prices for stores receded fr.om 2s to 3s.

LONDON PRODUCE MARKETS. The Bank of New Zealand have roreived the following advice from London, under date Ist May:— Butter. —Slow; T6S.s to 170 s per cwt. Chceso. —Slow; 95s to 96s per cwt. Frozen most.—The market for wethers is dull owing to absence of demand. Prices for lighter weight owes may weaken. Moderate business has been done in lambs, and tho market is firm. Quotations: —AA’ethers, light 71:1 lo 9d. heavy s£d to 6£<l; ewes 4fd to 7d; lambs, under 42’s lljd (o 12id, over 42’s 104 to lid, seconds ll£d to 12d.

STABILISING DAIRY INDUSTRY. By Cable —Press Association —Copyright. Australian and N.Z, Cable Association. SYDNEY, May 6. The New South Wales dairy industry Stabilisation Committee has circularised all butter and cheese factories in the State, asking them to enter into a voluntary agreement to give effect to the scheme for raising the level of local butter and cheese prices by 3d and lid per lb respectively. The circular says the scheme provides for the payment of an export bounty on butter and cheese. SALE AT SEADOWN. An important clearing sale was held yesterday by Messrs Dyne, Gould Guinness (in conjunction with the National Mortgage and Agency Co.), for Mr Victor Belletto, who had been taken seriously ill, and had decided to sell by auction Ins freehold farm, and' subsequently the whole of his live and dead stock. Thera was an exceptionally large attendance of fanners from all parts of South Canterbury, and everything was offered in first class, order. At the commencement the farm was offered by auction, and although a highly satisfactory offer was received, it did not quite reach the vendor’s idea of value, and in consequence negotiations are still pending. Numerous sundries were then offered, the main items of interest comprising—. Farm dray £ls, spring dray £5 10s, turnip cutter £4 10s, hay rake £lO 10s, chain harrows £8 10s, drill £43 10s, P. and D. cultivator £2B 10s, M.H. cultivator £l2 15s, grub harrows £7, 4-lcaf harrows £4, roller £ls, d.f. plough £8 10s, 3-iurrow tractor plough £2B, Case 12-20 tractor £3OB. Grain and chaff were keenly competed for, and Algerian oats fetched up to 15s per sack, Cartons up to £1 and Duns up to 17s 6d per sack. Seed wheat made up to 27s and oaten sheaf chaff frond 5s 6d to 6s 6d (sacks in). The sheep wore m tip top condition and. created keen competition; 100 4 and' 6-tooth ewe 3 realised 455, 80 4 and G-tooth ewes , 48s, and about 50 full and failing month ewes 34s 9d. The horses wore aged and fetched from £l9 to £22 A large quantity of household furnituro ancl numerous sundries sold correspondingly well. LONDON WOOL BALES. In connection, with the third series of wool sales, which opened on the sth inst. in London, tho Nationai Mortgage and Agency Co. report having received the following advice from their London office : Compared with close of last sales wo quote:—Greasy merino, best 5d lower, average 6d lower; halfbreds, 50-56’s, 7d lower; crossbreds, 48-50’s, 5d lower, 46-48’s, 6d lower, 44-46’s, 6d lower, 40-44’s, 6d lower, 36-40’s, 6d lower. Slipe wools, generally poor demand, about 5d lower. Quotations are nominal, immediate prospects are very favourable, and sales will probably be curtailed. DALGETY’S REPORT. LONDON, May 5. The wool sales have opened with a largo attendance of buyers. There was a lair selection oT wool offered, but competition was irregular and the withdrawals were very heavy. Compared with the last sales closing rates, super merino wools are 15 per cent, lower, merino wools, other _ descriptions, 20 per cent, lower; crossbrod 30 per cent, lower, crossbred slipe 25s per cent, lower. TEMUKA STOCK SALE. The fortnightly stock sale was held at tho Temuka saleyards on Tuesday last. Owing to tho inclement weather, only small yardings in all classes of stock came forward. The special feature cf the sale was a specially well finished lino of 164 fat lambs on account of Mr John Brown, “Riverslea, ’ which sold at from 41s lid to 42s lid, Competition throughout' the sale was keener than for some months past, the result being that buyers were paying well over schedule prices. There were no fat wethers offered. The following prices were realised: — Fat ewes. —15 at 33s 4d, 10 at 28s, 15 at 245, 20 at 253 3d, 10 at 26s 2d, 38 at 27s 6d, 24 at 24s Id, 21 at 235. 26 at 23s Bd. Lielvb and unfinished. —16 at 20s, 24 at 18s. Fat lambs. —72 at 35s 9d, 30 at 36s 6d, 75 at 36s lOd, 32 at 35s 9d, 54 at 41s lid, 55 at 42s 3d. 55 at 42s lid, 72 at 35s 7d, 69 at 355. pjn- s . —Weanevs, from 12s to 16s; small stores, from 18s to 265, baeoners, £4 10s.