COMMERCIAL.

Star (Christchurch), Issue 18844, 22 August 1929, Page 11

COMMERCIAL.

MARKET REPORTS. BURNSIDE. Per Press Association. DUNEDIN, August 21. Although there was a iirm demand for most classes of fat stock at the Burnside sales to-day, prices showed a noticeable decline for fat cattle and sheep. Pigs met with a firm sale and values showed a slight advance. Good average quality bullocks, heifers and cows comprised the yarding of 203 fat cattle. The entry included a few pens of extra choice medium cows. The demand was spirited for the best animals, but prices declined from £1 to £1 15s per head. Heavy bullocks sold from £23 to £24; medium £l9 to £2O; light £l7 to £lB 15s; heavy heifers £ls to £l6 ss; medium £l4 to £ls; light £l2 15s to £l3; heavy cows £l6 IBs to £l7 7s 6d; medium £l4 to £ls 15s; light £l2 to £l3 15s. Prime ox beef sold on a basis of about 56s per 1001 b. There was a large yarding of sheep, the entry comprising heavy medium ewes and about 600 fine woolled animals, also several pons of. good hoggets. The yarding could be classed as one representing all classes. The demand was easier. Heavy wethers sold at a reduction of from Is to Is 6d, and medium wetlhers about 2s per head. The market for ewes was about the same as the previous sale, until towards the close, when prices showed a slight reduction. Extra prime wethers sold/ from 65s 9d to 595; prime 53s 9d; medium 4 9s; lighter sorts 355. Prime ewes made. 40s; medium 35s 3d; light 265. Prime mutton sold on a basis of about 7d per lb. The dairy cattle entry consisted of 150 head, chiefly cows and a few pens of bullocks. There was a fairly good demand and prices were about on a par with late rates. Three-year-old bullocks made to £l4 13s. The pig entry consisted of 102 fats and 29 stores. Prime baconers and porkers met with good competition, while stores were also in demand at satisfactory prices. Prime baconers sold on a basis of 8d and prime porkers about 72d per lb. STOCK EXCHANGE. CHRISTCHURCH. Following are to-day’s quotations.—

Sales on ’Change.—New Zealand Refrigerating (10s paid), 6s lid (two parcels); Carlton Brewery. 48s; British Tobacco, 47s lid; Mt Lyell, 44s 6d; Mahakipawa, 3d; Winding Creek (6d paid), Is 9£d, Is Sid. Sales Reported.—Mt Lyell, 4is 6d; New Zealand Refrigerating (10s paid), 7s (three parcels). APPLES. (United Press Assn.—By Electric Telegraph—Copyright. > (Received August 22. 12.30 p.m.) LONDON, August 21. The Liverpool apple market la rather easier The balance of the Cambridge s cargv of New Zealand apples realised io«. 6d to 15s.—Australian Press Aseo-ciation-United Service.

Buyers. Sellers. K.Z. GOVERNMENT STOCKs. 4} p.c. Inner., 1988 4i p.c. Bonds, 1980 4i p.c. Bonds, 1938 99 15 4'< p.c. Bonds, 1939 4i p.c. Bonds, 1941 99 17 54 p.c. lnscr., 1941 99 17 54 p.c. Insex-., 1933 51 p.c. Inscr., 1933 55 p.c. Bonds, 1933 101 7 55 p.c. Bonds, 1936 101 15 54 p.c. Inscr., 1936 55 p.c. Bonds, 3 930 OTHER DEBENTURES— Ntew Brighton Borough, bi p.c., Sluggish River, 5 4 p.c., 1944 N.Z. Breweries (Inscr.) (Bonds) 1 S N.Z. Refrigerating, 100 0 BANKS— Aust of Commerce 1 15 6 1 15 Australasia .... 14 8 Comm, of Aust. .. Comm. of Aust. (pref.) 7 6 6 Comm. of Aust. (new, contr.) . . Comm, of Sydney 26 2 6 26 7 6 % National of A’asia (£10 paid) 19 13 0 19 14 National cf A’asia (£5 paid) 9 12 0 9 14 National of New Zealand New South Wales (cum div.) .... 51 17 6 53 5 New Zealand .... Queensland Na* * tional 9 12 C 9 Union of Aust. 15 1 0 lb MSURANCE— A.P.A 0 14 6 National 0 16 3 0 16 New Zealand .... 2 7 9 Queensland .... 3 3 0 LOAN AND AGENCY— Dalgety and Co. . 15 1 0 3 5 4 0 Goldsbrough Mort 2 8 0 2 8 3 N.Z. Guarantee Corporation 0 9 6 0 9 8 United Building Society 0 15 5 0 15 9 SHIPPING— Huddart - Parker 2 6 9 Huddart - Parker 1 3 0 P. and O. deferred Stock 2 15 0 FROZEN MEAT— Canterbury (ord ex div.) 8 0 0 8 17 6 Canterbury (pi-ef.. ex div.) 5 2 0 N.Z. Refrigerating (£1 paid) 0 15 0 0 15 6 N.Z. Refrigerating (10s paid) .... 0 6 11 0 7 0 North Canterbury Freezing 0 17 0 1 1 0 WOOLLENS— Kaiapoi (17s pd.) 0 14 1 0 14 3 Kaiapoi (7s paid) 0 5 0 0 b 3 Kaiapoi (pref.) .. 0 15 9 0 16 3 COAL— Taupiri 1 10 0 Westport 1 13 2 1 14 0 Stockton (ord.) . 0 2 0 0 3 0 Stockton (pref.) . 0 4 8 Grey Valley .... 1 6 0 1 6 4 GAS— Auckland 1 3 11 1 4 4 Christchurch .... 1 6 0 1 6 b Christchurch (10s paid) 0 13 0 Timaru 1 5 4 BREWERIES— Carlton 2 8 0 2 8 3 4 0 0 1 0 0 4 4 0 4 5 0 Staples 2 14 4 2 14 5 Timaru 0 16 0 0 16 Timaru (5s paid) 0 8 6 Tooths 2 15 1 9 White Star .... 0 6 0 0 11 MISCELLANEOUSAustralian Dis-

tllleries Allied Motors .... 1 1 0 1 0 2 3 3 0 Australian Iron and Steel (pref) 1 2 0 Death and Co. . . Beath and Co. (Is 1 12 1 2 7 10 2 7 11 Burns, Philp 2 7 0 Colonial Sugar . . Hoyt’s Theatres 57 0 0 bV Dunlop Rubber .. Hast African 1 s 5 0 Electrolytic Zinc Cord, cum div.) Electrolytic Zinc IS 1 19 11 19 (pre. cum div.) Glenmore Brick 11 Greater Crystal Holden’s Motors 1 8 3 1 8 6 Howard Smith .. Kauri Timber Mason, Struthers 0 17 0 5 (10s paid, cum 0 9 3 4 6 2 4 7 N.Z. Drug Co. . . N.Z. Farmers’ Coop. (10s paid) . N.Z. Farmers’ Coop. (1st pref.) . N.Z. Farmers’ Coop. (“A” pref.) N.Z. Farmers’ Coop. (“B” pref.) 3 0 3 1 4 2 0 4 18 0 3 8 9 3 0 0 3 3 0 N Z. Farmers’ Coop. (64 per cent 15 Stock, 1040) N.Z. Farmers' Coop. <6j per cent Stock, 1045) . - 91 15 0 93 0 0 N tVlifr-r* S I?er 2 7 1 3 0 N.Z. Paper Mills . 1 0 2 1 0 6 Quill, Morris 19 0 3 9 United Pictures . Victoria Nyanza 1 2 7 9 2 8 0 Wilson’s Cement Wunderlich .... 17 Gordon and Gotch Mahakipawa .... 0 0 2 0 0 3 8 2 vrr.. 5 v«, (prem.) 0 12 4 10 11 (6d paid) 'inding Creek (Is paid) 0 0 1 0 0 2 0