COMMERCIAL

Timaru Herald, Volume CXLIV, Issue 20932, 11 January 1938, Page 12

COMMERCIAL

PLEASANT POINT SALE I FAT CATTLE IMPROVE Moderate yardings only were forward for the stock sale held yesterday at the Pleasant Point saleyards. Fat Cattle The entry totalled fully 70 head. All butchers were keen, the sale being a substantial improvement on that at Temuka last week. Values were:—

Store Sheep The following sales were made in the store sheep section: — Two-tooth ewes 25 6 Ewes and lambs 10 6 Store lambs 19 6 Good two-tooth wethers 214 RETAIL PRICES IN LONDON NEW ZEALAND MEAT The New Zealand Meat Producers’ Board has been advised by its London J manager, that the following retail I prices were being quoted for New Zea- : land lamb and mutton retailed in Lon- I don during December. 1937. Lamb: Per lb. d. I Legs 13 I Shoulders Il Loins 11 Necks 6 Breasts 3 Forequarters SiHindquarters .. .. .. .. Hi Multon (Wether): Legs 10 Shoulders 8i Loins 9 Necks 4 Breasts 2 FAT LAMB SCHEDULE There is no change this week in the j export schedule of prices for fat lambs. ' the figures remaining as under:— d. To 361 b 8 371 b. to 421 b 7i Over 421 b and seconds .. 7-i AUSTRALIAN STOCK EXCHANGES United Press Association—By Electric Telegraph —Copyright (Received January 10, 10.10 p.m.) SYDNEY, January 10. Industrial shares retained their firm tone on the Stock Exchange to-day, and there was a better inquiry for base metal shares. Sales:—

Melbourne Exchange The market to-day was quiet and

Fat steers — Best 11 12 6 to 14 17 8 Light 6 17 6 to 8 2 8 Fat heifers— Best 7 12 6 to 10 7 6 Light 5 12 6 to 6 7 6 Fat cows— Best 6 17 6 to 8 17 6 Vealers 0 15 0 to 1 16 0 Cows and runners 3 2 6 to 6 7 6 Store Cattle A small entry sold as follows:Bulls 2 10 0 to 8 10 0 Empty cows 2 0 0 to 3 10 0 Store heifers 4 0 0 to 5 2 6 Dairy Cattle The dairy market was a good one. values being:— Dairy cows— In profit .. .. 3 10 0 to 7 10 0 Springing .. .. to 7 10 0 p igs The market was an improvement on last week's rates. Sales were:— Weaners 9 - to 22 - Fat Lambs An entry of 450 fat lambs was placed before exporters. Late rates were fully maintained. Sales were — Fat lambs, best .. .. .. 24 - to 26 4 Fat Iambs, light 20 10 to 21 10 Fat Sheep A very small entry met with a keen sale. The range was:— Fat wethers .. 23/- to 28 7 Fat ewes, best .. >/- to 24 7 Fat ewes, medium 1 - to 21 1 Fat ewes, light .. 1 4 JM 16 10

Morning Sales Bonds, 4 p.c. 1938 101 s. d. 6 3 Bonds, 4 p.c. 1944 105 5 0 Bonds, 4 p.c. 1957 105 5 0 Comm. Bank of Sydney .. 20 15 0 National Bank (£5 paid) .. 7 4 0 Farmers 1 13 3 Goldsbrough Mort 1 12 9 Afternoon Sales s. d. Bank of New South Wales 33 10 0 Comm. Banking of Sydney 20 17 0 National Bank (£5 paid) .. 7 4 0 Colonial Sugar 47 15 0 Mercantile Mutual Insur. .. 1 11 0 Adelaide Steam 1 13 3 Australian Gas (A) 7 8 6 Tooths 2 15 0 Australian Glass 4 14 0 Dunlop Perdriau 1 3 7-1 ' pref.) 1 17 6 Sargents 1 10 0 W. R. Carpenter 2 7 0 Mark Foy 1 2 0 Goldsbrough Mort 1 12 9 Winchcombe Carson .. .. 1 12 6 Fairymead Sugar 1 16 0 Standard Cement 0 18 0 Carriers (old) 1 13 3 Wool worths 1 6 0 Electrolytic Zinc 2 8 3 (pref.) 2 11 9 Mount Morgan 0 10 9 Mount Lyell 1 12 9 Broken Hill Propty 3 4 6 South Broken Hill 1 15 10 Rawang Tin 0 10 3

featureless. Sales:— £ s. d. Comm. Bank of Australia . 0 17 0 National Bank (£10 paid) 14 8 0 British Tobacco 2 10 6 Dunlop Perdriau 1 3 9 (pref.) 1 17 6 Electrolytic Zinc 2 8 3 (pref.) 2 11 9 Mount Morgan 0 10 7 Mount Lyell 1 13 0 Broken Hill Propty 3 4 6 North Broken Hill 2 14 0 South Broken Hill 1 16 0 Emperor 0 13 5 Lolonia 0 17 0