COMMERCIAL.

Timaru Herald, Volume CXXXIV, Issue 18831, 20 March 1931, Page 9

COMMERCIAL.

CHRISTCHURCH RAM FAIR. “FAT” BREEDS IN DEMAND. By Telegraph—Press Association CHRISTCHURCH, MarclT 19. The Canterbury Agricultural and Pastoral Association’s ram fair was held to-day. There were 5505 entries. The outstanding feature of the sale of flock rams to-day was the demand for fattening sheep. Wool breeds were in less demand than for years. Southdowns and English Leicester breeds, suitable for fat lamb production, were eagerly sought after. Wool was a secondary consideration. The sale for Corrirr'ales was very disappointing. Values were as follows: English Leicesters were 12g ns. to 7 gns. Southdowns 1} gns to 13 gns. Shropshire, 12 gns to 3i gns. Ryelands. 22 gns to 3 gns. Border Leicester, Ik gns to 4 h gns. Merino, 12 gns to 2 gns. Lincoln, 1 gn. to 3J gns. Halfbred, 1 gn. to 6k gns. Romney Marsh, 1 gn to 7* gns. Corriedale, 12 gns. to 6 h gns. THE SHARE MARKET. By Telegraph—Press Assootn'Aan AUCKLAND, March 19. Sales on ’Change.—Bank of New Zealand, 51/6 (2); New Zealand Inscribed, 52/-; Goldsbrough Mort, 22/4: Auckland Gas (con., late sale Wednesday), 16//10; Milne and Choyce (deb. stock), 19/6; Waihi, 15/6; Government Bonds, 1993, 5£ per cent., £99. CHRISTCHURCH. March 19. Sales on ’Change.—Bank of New Zealand, 51/6; Union Bank of Australia, £B/12/-; Goldsbrough Mort, 22/-; New Zealand Refrigerating (10/- paid) 3/9/ (3), 3/11 (3); New Zealand Breweries, 38/1; Tooth’s Brewery, 21/10; Electro Zinc (pref.). 17/8; Waihi Mining, 15/4, 15/3 (2). Sales reported.—Commercial Bank of Australia, 15/9 (4); Dalgety and Co., £7/15/-; New Zealand Refrigerating (10/- paid), 3/9, 3/10, 4/-; Tooth’s Brewery, 22/-; Crown Brewery, 4/6; Commercial Bank of Australia, 15/9 (2). DUNEDIN, March 19. Sale on ’Change.—Solomon, 1/7*. Sales reported.—Union Bank, £B/7/0; King Solomon, 1/7 (2); New Zealand Refrigerating (cont.), 3/10.