COMMERCIAL ADDINGTON MARKET

Timaru Herald, Volume CLVII, Issue 23215, 31 May 1945, Page 2

COMMERCIAL ADDINGTON MARKET

A FIRMER TENDENCY (N.Z.P.A.) CHRISTCHURCH, May 30. At the Addington market to-day entries in all sections showed a drop on last week’s big figures. Fat wethers increased in value and there was also a firming tendency in fat cattle. Fat lambs showed a slight improvement in prices, and there were sound sales tor fat pigs and store sheep. Store Sheep.—The entry was about 4000 against 3441 last week, and was comprised of 1855 lambs and 2145 adult sheep. There was a sustained demand lor ewe lambs of all classes at prices up to recent rates. Best made from 26 6 to 29/6, medium from 17/6 to 20/9, and small and inferior 13/6 to 16/-. Best wether lambs sold from 19/7 to 20 4. medium 14/9 to 17/6, and small 11/6 to 13/9. A line of four and sixtooth hill wethers sold from 28/- to 28/9, and a draft of hill four-year ewes in lamb made from 22/- to 23/3. The remainder of the yarding was comprised of aged ewes and met with a poor sale. Fat Sheep.—The entry was 5000, the same as last Week, and included several pens of prime wethers, some from Southland, These sold at a rise of up to 3/- a head on last week’s figures.' Several lines failing to reach the reserve last week sold at 5, - a hear! better than the passed-ln price then. Prices for medium and light wethers did not show any change on recent values. The highest price was 49/4 and there were several sales about the 40/- line. Heavy ewes were not wanted, but there was a keen demand for medium and light ewes, which increased by 1/6 to 2/- a head. Fat Cattle. —The entry was 565 against 615 last week, including a larger showing of prime steers than a week ago. The market opened briskly at an advance of from 15/- to 20/- a head, but there was little change in the value of secondary quality. The demand for all classes slackened late in the sale and there were some passings. Best beef made to 44/-, good to 38/-, and secondary cow beef to 28/per 1001 b. Extra prime steers made to £23/17/6, prime to £l7/15/-, extra prime heifers to £l4/17/6, prime to £ll/15/-, extra prime cows to £l3/12/6, and prime to £9/10/-. Fat Pigs.—The porker entry consisted mostly of small and unfinished sorts. The sale for the better class was sound, but other classes were dragging. Values for choppers were firm on last week's rates. Baconers met with keen competition at recent values. The average price per lb was 9d to 91 d.

BURNSIDE SALE IMPROVEMENT IN VALUES (N.Z.P.A.) DUNEDIN, Maj* 30. A double sale was conducted to-day at Burnside, as there will be no auction in Show Week. A feature was the good display of cattle, the number penned being 485, including several consignments of choice qualita. Competition was keen and prices advanced 20/- a head compared with the last sale. The market was not oversupplied and the last race of beef attracted particular attention. Top price was £24/12/6 secured for an entry of cattle from Central Otago. Prime steers made £l9/17/6 to £24/12/6, medium £l6/17/6 to £l7/17/6, light from £l4/17/6, prime heifers £lO/12/6 to £l2/12/6, medium £B/17/6 to £9/17/6, light from £7/7/6, prime cows £9/12/6 to £l2/12/6, medium £7/12/6 to £B/17/6, light from £6/2/6. The fat sheep entry was approximately 3400, the majority being ewes of average quality. Wethers could be quoted 2/- to 3/- a head better. Prime wethers made 41/- to 48/-, medium 37 - to 39/-. light from 29/6, prime ewes 20/6 to 26/-, medium 17/9 to 19 6, light from 14/-. The yarding of lambs was 1250, mostly of medium and light descriptions. Prices ranged from 23/- to 38/-. The yarding of baconers was an average one and prices for them compared favourably with those ruling last week. Prime baconers made £6/7/- to £7/17/-, medium £5/4/- to £5/14/-,and light from £4/13/-.

STOCKS AND SHARES

Auckland.— Sales on ’Change: Stock, 15/4/49-51, 2i per cent., £96; Stock. 15/9/47, 24 per cent., £9B/12/6; Liberty Loan, 15/12/53-56, £9B/12/6 (3); Liberty Loan, 15/5/53-56, 3 per cent, £97/5/-; Stock, 15/6/52-55, 4 per cent., £lO5/15/-; Mt. Albert Borough, 1/7/59, 41 per cent., £llO/10/-; Mt. Eden Borough, 1/4/57-62, 41 per cent., £lOB/5/-; Commercial Bank of Australia, 17/11; Bank of N.Z., 47/3; Auckland Gas, 7/3; Auckland Gas (con.), 2/11; Howard Smith, 25/4; Thnaru Woollen, 20/-; British Tobacco, 50/6; Fletcher Holdings, 30/6 (3); M.K. Manufacturers, 8/-; N.Z. Drug, £5/2/6; Peters Ice, (Vic.). 20/6; Union Oil. 29/9 (2); Wilson’s Cement, 18/4; Woolworths (Syd.), 23/6; Mt. Lyell, 26/9; Mt. Morgan, 7/5.

Wellington.— Sales on ’Change: Stock, 15/12/53-56, 3 per cent., £9B/10/(3); N.Z. Breweries, 44/-; Farmers’ Trading, 27/6; Stock, 15/2/55-58, 3 per cent., £9B/10/-; Tooth’s 60/-; British Tobacco, 50/6.

Christchurch.— Sales on ’Change: Stock. December, 1953-56, 3 per cent., £9B/10/,-; Bank of N.Z., 47/4; Bruce Woollens, 34/6; N.Z. Breweries, 44/-; Beath and Co. (1/- pd.), 6/-; Macduffs (pref.), 26/-. Sales Reported: Victory Loan, 1955-58, 3 per cent., £9B/5/-; Dalgety and Co., £9/2'6; N.Z. Guarantee Corpn., 4/4; Thnaru Woollens, 20/-; N.Z. Breweries, 44/-; Fletcher Holdings, 30/6. 30/7 (4); Howard Smith, 25/3; Macduffs (ord.), 16/3; N.Z. Drug Co., (fully paid), £5/2/6; Victoria Mansions, 20/-.

Dunedin.— Sales Reported: Stock, 1946, 24 per cent., £99/12/6; Stock, 1947, 34 per cent., £9B/12/6; Stock, 1947-49,24 per cent., £9B/2/6; Stock, December, 1953-56, 3 per cent.. £9B/12/6 (2): Stock. 1955-58, 3 per cent., £9B/10/-; Stock, 1946-49, 4 per cent., £lO3/15/-; Stock. 1949-51, 24 per cent.. £96; Stock, 1952-55, 4 per cent.. £lO5/15/-; Fletcher Holdings (ord.) 30/6; N.Z. Refrigerating, 29/3; Mt. Morgan, 7/5. CHILLED EGGS During this winter a certain number of chilled eggs will be released in Wellington and Auckland, the two centres which receive the smallest supplies from local poultry flocks. No housewife will find thes eggs poorer in any respect than fresh eggs. Chilling has largely superseded putoing and preserving in the Unfred States. In South Africa it has solved the problem of winter supply. Chilling facilities in New Zealand are up to date. Eggs are pre-selected for freshness, intactness and quality, and are tested again when taken out of cool store. They contain no preservative, but are merely held “in suspended animation” from summer flush to winter scarcity, and may be used for any purpose. Raw, boiled, poifthed, scrambled or fried,, they are indistinguishable from fresh eggs. During the winter monthe bakers are supplied with egg pulp to maintain our cake supplies and to prevent pastry-cooks from competing with household needs for the small numbers of available fresh eggs. INTERIM DIVIDEND (N.Z.P.A.) DUNEDIN. Moy 30. The directors of the Westport Coal Company to-day declared an interim dividend of 4d a share, payable on June 13.