YESTERDAY’S SALES.

Timaru Herald, Volume CXXXVII, Issue 19758, 27 March 1934, Page 14

YESTERDAY’S SALES.

By Telegraph—Press Association AUCKLAND. March 26. Sales on 'Change—Stockton pref 3/5; Northern Steam 68; Kauri Timber 17/5; Electrolytic Zinc 26/10; Farmers Trading 4 4; Wilson's Cement 25'9; King Solomon 4/2; Auckland Gas 24/9. Unofficial List—Worksop extended (10ad paid) 1/3. WELLINGTON. March 26. Sales on Change—Kaiapoi Woollen (pref.) 17/6. CHRISTCHURCH. March 26. Sales on ’Change—Comm. Bank of Aust. 17/-; New Zealand Guarantee Corporation (cum div.) 4/3; New Zealand Refrigerating (£1 paid) 17/6 (odd lot); Kaiapoi Woollens (pref) 17/6 (2); Anthony Hordern 15/2, 15/3; Dominion Fertilizer 18/1, 18/2, 18/3; Mt. Lyell 24/1; Big River 9d; Nevis Diesel Electric 9!d, 9d; Okarito (cum div.) 9/4. 9/3; Rawang Tin (cum div.i 9/-; Skippers Ltd (9d paid), 9id. Sale reported—Westport Stockton (pref.) 3/6. DUNEDIN. March 26. Sales reported.—Bruce Woollen pref. 21/-; 4 per cent Stock 1940. £lO2/10/(2); Kildare 1/75. SYDNEY STOCK EXCHANGE. United Press Association—By Electric Telegraph—Copyright (Received March 26. 8.40 p.m.) SYDNEY, March 26. On the Stock Exchange the market was strong and active. London buying is believed to be responsible for the hardening of tin dredging shares, several of which, notably Larut. Rawang, Malim Nawar and Kuala Kampar are likely to be listed in London. The market advanced to new levels. Commonwealth bonds also banks, were quiet, but company shares were in good demand. Sales: Bank of New South Wales £34/15/-, Bank of Adelaide £6/2/6, Associated News 23 li. Australian Gas "A" £7/17/-, David Jones 40/-, Anthony Hordern 15/75, Henry Jones 34/9, Goldsbrough Mort 34/3. Morris Hedstrom 17/3. Australian Iron and Steel (pref.), 21/45, General Industries 11/6, preference 21/-. Lustre Hosiery 25/11, British Tobacco (pref) 29/3, Tooth's 42/6. Toohey's 27/3, Carlton Brewery 45'-. Berlei 31/6, Bums Philp 57/6. Fairymead Sugar 34 3. Mt. Morgan 20 9, Bulolo Gold £6/16/6, Bulolo Deposits 24, South Broken Hill 70,6. Zinc Corporation 40 3, Kuala Kampar 16/15, Rawang 8 7. Six Weeks 8 9. Larut 14 9, Malin Nawar 16 6. Tongkah Harbour 14/-, Placer Development £l7/15/-, Golden Mile 3 11, Mt. Coolom 9/11, Mt. Lyell 24/15. Melbourne. — Commercial Bank of Australia 17/2. Herald and Weekly Times 51/3, Dunlop Perdriau 19/5, Broken Hill Proprietary 44/9, Mt. Lyell 24/-.

PLEASANT POINT SALE LARGE STORE ENTRY. The yarding of store sheep at Pleasant Point yesterday was about the biggest of the season, and it was nearly dark before the last pen was sold. Prices in the fat sheep section were easier and also for store sheep. Fat cattle.—About 40 head of beef cattle sold on a par with last week’s sale at Temuka. The range was: Fat steers £5 to £7/17/6, fat cows to £5, fat heifers £3/17/6 to £5/17/6, vealers to 30/-. Fat cows and vealers £4/7/6 to to £5/2/6. Store cattle.—An improved tone was noticed in the store cattle market. Prices were: Bulls £2/2/6. Empty cows to 25/6, 18 month steers £2/16/- and £2/12/-, 18 month heifers 35/- and £2/1/-, 3 year steers £4, yearling heifers 25/-, calves 14/6. Dairy cattle.—This market was firm for good sorts just calved or close to calving, springing heifers making from £2/10/- to £4, and springing cows from £4/5/- to £5/10/-. A cow in full profit sold at £5. Pigs.—Only two pens came in, weaners making to 10/6 and slips to 12/-. Fat lambs.—An entry of 1800 sold at late rates, the top price being 25/6. Fat sheep.—The entry was again a good one, two full races being offered. Fat ewes made up the bulk of the entry, wethers being few and far between and those that were in were only light unfinished sorts. The market showed an easing of about 1/6 a head. Values were: Best fat ewes 14/- to 15/6, exporters ewes to 13/6, light fat wethers 22/-.

Store sheep.—The entry included a number of full mouth and two tooth Romney ewes from south. Some of the young ewes were of -excellent quality, the top price paid being 33/6. During the last few weeks, farmers throughout the district have purchased freely and yesterday’s sale showed a slight easing owing to the fact that many buyers have secured requirements. Good two-tooth ewes did not suffer to any extent but the semi-sound ewes must have been back by about 1/6 a head. Lambs again sold freely and buyers were on the look out for good fattening sorts. Only a few pens of good lambs were forward. Prices were: Wether lambs 15/- to 19/4, ewe lambs 16/6 to 20/-, s.m. threequarter bred ewes 18/- to 21/-, ordinary 2,4, 6 and 8tooth ewes 16/6. Rape ewes 7/- to 10/-. Good threequarter bred two-tooth ewes 30/- to 33/6, medium two-tooth 27/to 28/-, small two-tooth halfbred ewes 25/-, full and failing mouth ewes 12/6 to 18/-, according to quality and condition. Small lambs 13/6, two-tooth halfbred wethers 19/10, 6 and 8-tooth threequarter bred wethers 22/-.