STOCK and PRODUCE

Wanganui Chronicle, Volume 76, Issue 83, 8 April 1933, Page 9

STOCK and PRODUCE

THE, SHAREMARKETS DOMINION 3KOHANGES 1 Per Press Association.) CHRISTCHURCH, April 7. Sales on ’Change—Commercial Bank of Australia (pref.), £8 8s; National Insurance, J6s 6d; New Zealand Refrigerating (£1 paid), 10s sd; New Zealand Breweries, 28s 6d; British Tobacco, 345; Electrolytic Zine (pref., cum. div.), 28s 3d (2 parcels); Mount Lyell, 18s 9d (2 New Zealand Farmers’ Co-op., 44 per cent. Stock, 1940, £4l 10s (2); New Zealand Farmers’ Fertiliser, 16s 6d (2); Lawson’s Flat, 101 (3); Nokomai, 5s 7£d 5s 7d (2); Freshford. Is 61d (2). Sales Reported. —National Bank of New Zealand, £3 8s 6d and £3 8s; Mosgicl Woollens. £8 6s 6d; Westport Coal 12s 9d (2); Staple’s Brewery, 22s 9d; Colonial Sugar, £54 15s; Electro Zinc (pref., cum. div.), 28s 4£d; Bank of New Zealand. 44s 9d. Unlisted: Bell Hooper. 7d and 7£d (3). WELLINGTON, April 7. Sales on ’Change.—Bank of Australasia (late sale, Thursday), £lO 2s 6d; Bank of New South Wales, £29 and £2B 17s 6d; National Insurance, 16s 3d; Staple’s. 22s 9; Mount Lyell (late sale, Thursday), 18s 6d. v AUCKLAND. April 7. Sales on ’Change—Commercial Bank (pref.), £8 7s 6d; Bank of New South Wales, £29; Bank of New Zealand, 44s 9d and 455; Union Bank. £7 7s 6d; South British, 64s 6d; Goldsbrough Mort., 22s 9d; Huddart. Parker, 295: Staple’s, 22s 9d; Australian Glass, 46s 3d; Colonial Sugar £54 15s (2 parcels); Farmers’ Trading (A pref.), 13s 6d; ditto, B pref.. 7s; Wilson’s Cement. 32s (2); Consolidated Goldfields, 9s 9d; Waihi, 225; Kuala Kampai. ss. Unlisted: 801 l Hooper (6d paid), 74d. • X Card.) JMLAY gAUNDERS. SHAREBROKER. 77, RIDGWAY STREET, Wanganui. Country Member, Wellington Stock Exchange. ’Phone 2378 AUSTRALIAN SHARE MARKETS Received April 7, 9.5 p.m. SYDNEY. April 7. On the Stock Exchange there was an active market until noon, after which it closed in consequence of the death of a member, Mr C. Titmus. Gilt-edged stocks, as well as classified and general company shares, moved in holders’ favour. Sales: Bank of Australasia (New Zealand delivery), £lO 12s 6d; Commercial Bank of Sydney, £l5 17s 6d; Colonial Sugar. £55; Burns. Philp, 50s 6d; Associated News, 7s 6d; pref., 17s 7|d; Australian Gas, A., £6 18s; British Tobacco, 34s 9d; Tooth’s, 365; Toohey’s, 20s 9d: Dunlop Perdriau (pref.) 32s 6d; Henry .Tones’, 38s 3d; Victoria Nyanza, 15s; Broken Hill Prop., 30s 1-ld; North Broken, 62s 104 d; South Broken. 435. Commonwealth Bonds: Fours 1938, £lO3 3s 9d; 1941. £lO3 12s 6d; 1944, £lO2 17s 6d; 1950, £lO2 17s 6(1; 1953, £103; 1959, £.104 2s 6d; 1961, £lO2 10s. Melbourne Sales: Commercial Bank of Australia. 14s 6d; Herald-Weekly Times, 56s 6d; Dunlop Perdriau, 17s 3d; Electrolytic Zin»c, 15s 9d; Mount Lyell, 18s 9d; North Brokens, G3s 6d.

STOCK MARKETS THE FEILDING SALE I Per Pref.’ Association. J FEILDING, April 7. Fat sheep prices declined to rise ai the stock sale, but lambs were up 2s 6d and ewes up a full shilling, prim cst lambs. 15s 9d; good, Ils to 12s Id, fair, 10s 9d; primest heavy ewes, 8.6d; prime, to 7s 6d; others from 6s 6d; extra piime wethers, to 13s lOd; good, from Ils Bd, There was a keen demand for store lambs. Ewe lambs, to 8s 9d, wether lambs, to 8s 9d; m.s. lambs, to 8s lOd, b.f. lambs, to 10s 4d; two-tooth weth ers, 8s lid to 10s 9d; five-year ewes, r.w. S.D. rams, to 8s 7d; two-tooth ditto, to 11s; four-tooth ditto. Ils; empty ewes, to 8s 6d. Fat Cattle: Fat cows, to £3 14s; fa heifers, to £3 14s; bullocks, to £5 Is, vealers, 2is; runners, to £2 Bs. Store Cattle: Four and five-year bullocks, to £4 15s; wcaner heifers, to 335; heifers, r.w.b., to 37s 6d; cows. ISs to 295; good P.A. cows, to £2 14s; Herefords, 3£-year steers, £3 Us; Hereford heifers, £l. 9s; Red Poll steers £3 Us; forward bullocks, £3 11s; forward steers, £1 16s to £3 15s. Dairy Stock: Heifers, r.w.b., £3 to £5; spring cows. £3 ss; winter ealvers. £5; cows in milk, to £2 10s; heifcr« in milk, £1 4s. i WAVERLEY SALE A small yarding of sheep and cattle yesterday was disposed of at satisfactory prices. Two-year P.A. heifers realised £2 Us; store bullocks, £3 17s: 2-year Hereford heifers, £2 12s; works cattle at schedule rate; and pen of Jersey wcaner heifers were passed at 355; wcaner pigs, 5s 6d to 6s Gd. MANGAWEKA SALE The New Zealand Farmers’ Co-op. Distributing Co., Ltd., report a yarding of 850 sheep and 20 head cattle 1 at above sale. Prices were on a par with recent sales as follow: 2 and 4tooth ewes, r.w. S.D. rams, Us 6d; 2tooth wethers, 9s 8d; good ewe lambs, ; 10s; medium ewe lambs, 7s 9d; small ewe lambs, 6s; good wether lambs, 8s • 3d: medium wether lambs, 7s; small wether lambs, to 7s 7d; b.f. lambs. 7s Hd to 8s 7d; 2|-year steers, £2 18s; fat heifers, £2 10s; 18-months steers, 1 265; empty cow, 15s. SALES OF THE WEEK. The Farmers’ Co-operative Organisation Society of N.Z., Ltd., report that a week of steady trading has ensued. A further disastrous decline has occurred in both the butter and cheese markets, new low levels having been recorded in the case of each. As is to be expected at this time of the year, production is showing a steady decline but the records of most farmers arc well above those, ruling at this time last year. The ideal weather conditions have continued and an abundance of feed is assured for the winter months. As an oilset to the pessimistic views of the dairy markets, both lamp and wool have shown a slight Hardening tendency. A further rise has occurred on the Home market for lambs of lighter weights and this news will be gratifying to those who have snipped Home on their own account. From reports received, the more settled conditions existing on the Continent are starting to make themselves felt in the wool sales being conducted throughout this country. Keen competition, especially from Continental buyers, marked the Wellington sale and a general rise of |d to Ad >er lb. on the March sale resulted. Business has practically confined itself during the week to sales of fat stock for butchers’ requirements and store cattle suitable for fattening. An increasing number of store cows from dairy herds is noticeable at our yard sales. Fat Sheep.—We report the sale of truck lots of fat ewes from 7s 6d to Bs. A slightly hotter demand exists for fat wethers in truck lots, prices ranging from 14s 6d to 15s, Store Lambs.—The emand for store lambs confine itself mainly to the yards where competition still remains keen. Store wethers are still in demand, but quotes of same are hard to procure. Fat Cattle. —This class of business confines itself to butchers’ requirements. We report the sales of truck lots of prime fat heifers from £4. 7s 6d to £5, and fat cows from £4 to £4 7s 6d. Store Cattle.—A keen dem; 1 exists for all classes of store cattle. We report the sale of a large line of 18 month cattle. We report the sale of a large line of 18 month steers and heifers at 38s and a line of 3| year P.A. a: Hereford cows at £2 10s. Three and four-year bullocks command attention from £3 5s to £4 and up to £4 10s. Wo report the sale of odd lines of weancr heifers from £2 to £2 ss. Empty 18 month Jersey and Jersey-cross heifers are in demand, but seem hard to procure. Sales have been made at £2 10s. A slight enquiry for the in calf heifer at a lower price than that ruling locally exists, but business is hard to transact. The following is a summary of our sales for the past week:—

FORDELL AUTUMN CATTLE FAIR The New Zealand Loan and Mercantile Agency Company, Ltd., held the above fixture on Thursday. Cattle camo forward well up to advertised numbers and generally speaking in good condition, older cattle particularly showing the benefit of the good autumn experienced in this district. The fair had a good brisk tone throughout and a total clearance was effected under the hammer, all classes and ages of cattle being in good demand. A. consignment of bullocks from the Loveridge Estate, I'ohuuui, met with good competition, the Polled Angus bullocks making £4 12s 6d, the Herefords, £4 6s, and the Shorthorn and cross colours, £4 Is 6d. A line of splendid Hereford bullocks on account of Don. McLcay, Turakina Valley, made £6 and another lot from the same vendor made £5 Is. Some useful but lighter bullocks, ready for the fattening paddock, on account James Campion and Sons. <r Okirae,” made £3 19s. and the gen-

era! range for useful bullocks could be put down as from £3 18s to £4 12s 6d. Forward heifers and cows, ready for the paddock, made from £2 2s to £3 Is 6d. A consignment of these on account of Mr P. C. Murray, Raetihi, made £3 Ils 6d. A feature of the fair was the prices i realised for young cattle, 18-months P.A. steers making from £2 5s for medium sprts, to £2 13s for good-grow-ing cattle. The .full range of prices was as follow: —Loveridge Estate: 50 bullocks, £4 12s 6d; others, from £4 Is 6d to £4 10s; W. 8. Darcy, 19 bullocks, at £4 Is; Hamilton Bros., steers, £3 16s; A. M. Addenbrooke, steers, £4; Geo. Campbell, 17 steers, £3 15s; Jas. Campion, light bullocks, £3 19s; G. T. Phillips, 8 bullocks, £5 ss; J. G. Caird, 8 do., £4; Melville Bros., bullocks, £6; Donald McLeay, 8 do., £6 Is; Hamilton Bros., 14 steers, £3 7s; Melville Bros., steers, £2 18s; Shorthorn steers, £2 8s 6d; P. C. Murray, 38 fat heifers, £3 Ils 6d; 40 3year heifers, £2 16s; Thos. Hine, 2% and 34-year steers, £3; 14 P.A. calves in calf, £2 ss; J. L. Alacleay Estate, 7 cows, £3 Is; Geo. Campbell, maiden P.A. heifers, £3 3s 6d; Geo. Campion. 22 cows and heifers, cross coloured, £2 16s; 45 18-months P.A. steers, £2 ss; 11 18-months S.H. steers, £2; 2-year P.A. heifers, £2 7s; 18-months P.A. steers, £2 6s 6d; Scott Estate, yearling heifers, 355; 15 2-year S.H. do., £2; 7 18-mbnths steers, £2 13s; G. T. Phillips, 28 18-months P.A. steers. £2 8s; 13 2-year P.A. heifers. £2 13s; J. Grant, 12 steers, £3 16s; D. Mackintosh, 18 18-months P.A. heifers, £2 2s; Hamilton Bros., store cows, £2,