BURNSIDE SALE

Timaru Herald, Volume CXLV, Issue 21190, 10 November 1938, Page 14

BURNSIDE SALE

Fat Cattle Erratic Sheep Firm at Late Rates By Telegraph—Press Association DUNEDIN. November 9 An entry of 247 fat cattle at the ; Burnside stock sale to-day included a , larger proportion than usual of wellfinished prime heavy bullocks. the whole of the yarding being of good quality. Values from the start were on a par with late rates, but the sale was erratic and at the end prices were a little higher. Cows and heifers, which were in short supply, attracted increased values.

Butchers paid £2/17 6 per 1001 b for extra prime ox beef, £2 15 - for prime. £2/15 - for best cow and heifer beef, and £l/15/- for poorer quality. There was a keen demand for store cattle, which appreciated in value. Fat Sheep The yarding of fat sheep numbered | 1652, the quality comparing unfavour- j ably with that seen at the previous sale. A majority of sheep offered were shorn, i There was competition from country butchers, which kept prices at late parity until well on in the sale, when buying slackened. Prices were—

Fat Lambs A large yarding of 185 fat lambs presented good quality, but the demand was not up to the offering, and values depreciated by 3/- a head.

Pig Section There was a fair offering of baconers in the fat pig section, but porkers were in short supply and improved in value by 5/- a head. TRUSTEES EXECUTORS INTERIM DIVIDEND DECLARED. By Telegraph—Press Association J DUNEDIN, November 9. 1 The Trustees Executors and Agency : Company of New Zealand, Ltd., has j declared an interim dividend of 3 per j cent., payable on November 10. I LEAD PRICE MOVES HIGHER COPPER IS STEADY United Press Association—By Electric Telegraph -Copyright (Received November 9. 6.30 p.m.)

SHARE .DOTATIONS United Press Association —Bv Electric Telegraph—Copyright LONDON, November 8. Share quotations are: Clutha River ■ Company, buyers l/71d, sellers l/101d; Molyneaux River Company, buyers 7Jd, sellers lOld. FOREIGN EXCHANGES United Press Association—By Electric Telegraph —Copyright LONDON, November 8. | Foreign exchange quotations are: Dollar 4.761 to the pound; franc 178 11-16 to the pound; guilder 474* to the pound. THE PRICE OF GOLD United Press Association—By Electric Telegraph—Copyright LONDON, November 8. The current price of gold is 145/11 * per fine ounce. NEWSPAPER ENTERPRISE SUCCESS OF MELBOURNE JOURNAL United Press Association—By Electric Tel egra ph —Copyright MELBOURNE, November 9. The profit of “The Herald” and “Weekly Times” Limited for the year ; amounted to £252,000, compared with • £218,000 the previous year, and £185,500 in 1935-36. Ordinary shareholders will receive 12 per cent dividend and 2 per cent bonus, compared with a 12 per cent dividend last year.

Prices were— Bullocks— £ s. d £ s. d. Extra prime to 23 17 6 Prime 19 7 6 to 21 17 6 Medium .. .. 17 7 6 to 19 2 6 Light and unfinished from 13 9 6 ; Cows and heifers— | Extra prime .. to 15 12 6 Prime 13 7 6 to 14 •-> 6 ! Medium .. .. 10 12 6 to 12 12 6 I Light, from .. 5 2 6 ;

Wethers— £ s. d. £ s. d. Extra prime. in wool .. .. to 2 1 9 Prime 1 12 o to 1 16 Medium and light 1 4 0 to 1 10 0 Extra prime shorn to 1 13 0 Prime 1 4 0 to 1 6 0 Medium and light 1 0 6 to 1 3 0 Ewes— Extra prime in wool .. .. .. to 1 13 0 Prime 1 4 6 to 1 6 6 Medium and light 0 15 0 to 1 1 6 Extra prime shorn to 1 7 9 Prime 1 0 6 to 1 3 0 Medium and light 0 15 0 to 0 18 0

Prices were— Extra prime Iambs to 1 . 14 0 Prime 1 4 0 to 1 . 8 6 Medium 1 2 o to 1 Light 0 19 6 to 1 1 6

Copper— LONDON, November 8. £ s. d. £ s. d. Standard, spot 45 16 101 46 3 9 Forward ... 46 1 101 46 8 11 Electrolytic .. 51 15 0 51 15 0 to .. .. .. 52 15 0 52 15 0 Wire bars .. 52 15 0 52 15 0 Lead— Spot .. . . .. 15 9 41 16 3 11 Forward . .. 16 4 41 16 6 lOj Spelter— Spot . .. 14 11 101 14 1? 6 Forward . .. 14 16 10L 14 12 101 Tin— Spot 212 5 0 212 7 6 Forward . ..213 2 6 213 6 3 Silver— d. d. Fine, per oz. .. 19 9-16 19 9-1 6 Std. per oz. .. 21 1-8 211-1