COMMERCIAL.

Star (Christchurch), Issue 16694, 28 March 1922, Page 8

COMMERCIAL.

RANG lOR A MARKET. TO-DAY'S SALES. The yarding of sheep at. the Rangiora market this morning included 1729 fat la.mbs. 492 fat ewes and 44 fat wethers. Fat lambs were about equal to last week's quotations, selling up to 7£d per lb over all. Fat ewes were a little easier. The following are the range of prices:— Rest fat lambs made from 21s 6d to 255, medium 16s Id to 20s Id. lighter weight from 12s Id to 14s lud. Best fat ewes made from 14f 9d to 19s 3d: medium 11s 7d to 15s lid; others Ss 6d to 10s. Prime wethers made 24s to 255; medium 20s 7d. There was an entry of 45 pigs. Porkers made 40s. store pigs 22s to 345, weaners 6s to 12s. There was an entry of 23 head of cattle. PRICE OF BUTTER. AUSTRALIAN INCREASES. By Telegraph—Press Association.—Copyright Australian and N.Z. Cable Association. (Received March 28, 11.10 a.m.) MELBOURNE. March 28. Consequent upon the improved price of butter on the London market the local price has been increased by lid. and is now Is 8d per pound. BRISBANE, March 28. The price of butter has increased from 149 s4d to 163 s4d per cwt wholesale, which represents lid per lb increase. DRIED MILK INDUSTRY. MANUFACTURE SUSPENDED. HAMILTON, March 28. The New Zealand Co-operative Dairy Company has decided to close its dried milk factories at Waitoa. TVaharoa, aud Te Awamutu for six months from April 7 owing to the fact that sufficient powder has been manufactured to meet, trade requirements until the new season's make is available. William Goodfellow, managing director, said that when he was Homo recently, be found large quantities of powder used, and considered that the industry had a great future. He also saw indications in the butter market of firm prices, which were more likely to advance than recede. The Anchor brand was selling at 1925.