COMMERCIAL.

Timaru Herald, Volume CXXIII, 17 December 1925, Page 5

COMMERCIAL.

ADDINGTON MARKET. FURTHER EASING IN FAT STOCK. By Telegraph-—Press Association. CHRISTCHURCH, Dee. 16. At Addington to-day entries were again ahead of requirements, and there was a further easing in practically all classes of stock. Tno one exception was in fat lambSj which met with in brisk Christmas trade demand rroin butchers. Store Sheep.—The bulk of a small entry came irom the Cliathains and Marlborough, and were niost-y dry sheep of indifferent- quality. They sold draggingly at 6d to Is per head less than last week lor wethers. I'oruaid four and six-toothed wethers realised 25s 3d to 26s lid, ordinary four and six-toother crossbred wethers 23s 2d to 24s 9d, two and fdur-toothecl lialtbred wethers 22s 2d to 23s lOd, inferior four, six-tootlied crossbred wethers 23s 2d to 21s, four, six and eight-toothed haltbred ewes 26s 4d, four six and eighttoothed crossbred ewes 26s lOd. Fat Lambs. —There was a large entry of 2000, which went- exclusively to butchers on a basts of up to 9d per lb ioi heavy-weights, and to 9RI for lighter sorts. Extra prime lambs made to 34s 7cl, prime 31s to 32s 6cl, medium 2Ss 6d to 30s 6d. . Fat Sheep.—An average-sized yarding met a very dragging sale, values on an average being Is 6d to 2s below last week. There was no export buying, as the works will not open until the first week in the new year. YV others made from s.id to 6d per lb, and ewes from 4|d to sd. There were a. good few passings. Extra prime wethers brought up to 34s lOd, prime-29s 6<l to 32s 6d, medium 27s 3d to 29s 3d; extra prime ewes to 33s 7d, prime 24s (id to 28s, medium 21s 6d to 2-ls. ■ Eat Cattle.—A rather Heavy entry of 525 head was forward, and there was a continued decline of 25s to 35s pel head on last week’s vabies. Passings were' fairly frequent, it being the most dragging sale of the year. Prime medium weight beef averaged fromi 39s to 41s 6d )ier IOOIbs, extra to 435, prime heavy 35s 6d to 3Ss 6d, iiiedium 31s- 6d to 355. Extra prime 'heavy-weight' steers to £2O 2s 6d, prime heavy-weight, £lO 10s to £l9 10s. orime mediumweight £ls to £l6 7s Gd. medium £l3 to £l4 15s; extra prime heifers to £l4 2s 6d, prime £lO to £l2, ordinary £6 15s to £9 15s; extra, prime cows to £l3 17s 6d, prime £8 15s to £ll, medium £6 10s to £8 10s. Vealers. —A .slack sale was recorded, due to butchers having supplies on hand after last week’s < verflow. Values were' better than last week. Rujiners realised up tn £5, calves 15s to 455. Store Cattle.—Slow demand characterised the sale. Throe and four-year, steel's brought £6 to £9, 18-months heifers £3 to‘£3 ss. , Dairy Cattle. —Tn a small entrv be.st springers made from£6 to £8 10,s. Fat Pigs.—Porkers met with better demand, but baconers were easier. Choppers mode £3 lo £9 2s .6(1, bacon-, ers £3 12s 6d to £5 15s. (average per lb 7d to 7-icl)-. porkers 18s to 68s (average per lb 8d to Bid). , ' ( Store Pigs —Good demand. Weaners 23s to 335, stores 32s to 50s, • • •

BURNSIDE STOCK SAL®. A DULL MARKET. By Telegraph-—Press Association DUNEDIN, December 16. Comparatively speaking there was a dull market ac rturnsiuo to-day, all classes of stock receding in value. Fat cattle.—There was a yarding of 334 head of fat cattle, compared with 228 head last week, 'there was ii lair proportion of fair to prime bullocks and lieiiers, and the usual number, of unfinished cows and steers. The demand opened at somewhat under last week’s rates; and a further reduction took place before the close, beef receding by 3s 6d to 7s 6d per 1001 b. Prime handyweiglit ox beef made from 42s 6d to 44s per 1001 b., medium quality and handy-weight ox from 87s 6d to 40s, prime heirer to 355, and cow beef and light heifer from 27s 6d to 32s 6d. Prime bullocks made from £lB to £2O IDs, lighter from £l4 to £l6 ss; heifers made from £7 15s to £lO 15s, and cows from £7 10s to £9 10s.

Fat sheep.—There was an entry of 2228 head, compared with 2396 last week. The selection was. very fair; medium weight sheep were in good supply, and there was a fair numbe. of ewes, together with a moderate entry of heavy prime sheep. Demand openeq at prices much the same as those of last week, but the market became decidedly weaker towards the end, and a good many pens were passed in. Compared with the opening rates prices were down about 2s per head, or from 2s to 3s compared with last week. Prime Kindy-weight wethers sold at from s£d to 6d, heavy weights and medium quality wethers from 5Jd to SRI, prime ewes 4jd to 4|d, and aped and light ewes to 4d. Extra prune heavy wethers made up to 445, prune heavy 36s to 40s 3d, lighter 31s to 345; heavy ewes from 28s to 32s 6d, lightei 25s to 26s 9d. All were shorn except about a truck lot.

Lambs.—The entry numbered 342 head, compared with 172 last week. Prices were considerably easier. Prime lambs made from 33s to 35s 9d, medium 28s to 31s, light 24s to 26s 6d. Prime lamb was worth from 9d to 9}d, second quality to 9d, and unfinished to Bsd. Store cattle.—About 200 were yarded, chiefly cows and heifers. The sale was dull, and some steers were passed at auction, though they sold privates afterwards. The cows forward were a good lot, but prices for them were easier. Pigs.—There were 153 fats and 65 stores. Fat pigs were down at least 5s per head. THE STOCKS MARKET. By Teieffranh —Pres* A.*soc)aM*>«. AUCKLAND, December 16. Mr G. M. Creagh. chairman of the Auckland Stock Exchange, at th Q annual meeting to-day, said the past twelve months were very satisfactory from the sharebroking point of view, with the exception oi goldmining. He thought it could be fairly eluimed that the year 1925 was the best since the war. That there was ample money for legitimate investment was evidenced by the fact that there were a number of successful flotations of new companies during thfc year. Several local'bodies and other debentures were all well supported. It appeared to him incumbent on both companies and individuals to give more consideration to moi tgages, especially where money is required to enable primary producers to carry on. Air Creagh issued a word of warning re investments in afforestation companies though he said many would no doubt prove highly successful. There were indications that goldmining would before long take a new lease of life.