FINANCE & COMMERCE.

Waimate Daily Advertiser, Volume XXIV, 7 April 1927, Page 2

FINANCE & COMMERCE.

GENERAL ITEMS.

(Pc- Press Association— Copyright.

LONDON, April 5

Lord Summers’ judgment in the brown heart in app’es appeal upheld ihe view expressed by the lower courts that the damage was due to the inherent quality of the apples themselves, and the Northumberland being seaworthy, the respondents were entitled to rely upon the. exception contained in Section D (8) of the Australian Sea Carriage Act, 1904. Lords Atkinson, Wrenbury and Blanesborough concurred.

STUCK MARKETS.

ADDINGTON.

CHRISTCHURCH, April 6

There was another heavy yarding of store sheep at Addington to-day, with good entries of fat sheep and lambs, and an exceptionally large entry of fat cattle, the total of 686 being next to the record number. Pigs also wore in heavy supply. Forward store lambs and other sorts met with a good demand from South Canterbury' buyers, Other sorts showed a further decline of Is to 2s per head on last week’s rates. Fat cattle were down £1 to £2 per head, but the supply was well absorbed by butchers, and there were few passings. Fat sheep and fat lambs showed little or no change In values. Fat pigs sold well up to late rates, but stores, especially weaners, were much easier.

Store sheep.—The entry ineluded more lambs than for some, weeks past, and with the exception of odd pens of really good lambs, the average quality was poor. The West Coast was well represented in the offerings. Forward lambs sold well at firmer rates and ■competition from South Canterbury buyers maintained the market for other classes. Prime lambs were not in much demand. North Island ewes met with competition from South Canterbury buyers but this class, as well as the inferior two-toothed, were easier by Is to 2s per head on last week’s prices. Best forward lambs made up to 17s, forward 14s to 15/6, medium 11/6 to 13/6, good halfbred ewe lanibs to 24/4; . mdinary ewe lambs 18/9 to 21s, threequarter-bred ewe lambs 16s 'to 19/6; best North Island 2-th

ewes 27/6 to 29/3, ordinary 24/6 to 26/6, 2-th halfbred ewes 28/1, sound mouthed half bred ewes 24s to 26/6, forward 2 and 4th wethers 18s, 4-th crossbred wethers 12/6 to 13/1, 0 and 8-th halfbred wethers 16/6.

Fat lambs. —The yarding totalled 3060, and was of mixed quality. Freezing weights sold with appreciable change. Extra prime lambs brought up to 30/1, prime 25s to 27/3, medium 22s to 24/6. Fat sheep.—There was a heavier yarding than the previous week, some 14 pens being occupied. There was a good steady sale throughout, at about the same rates as last week Extra prime wethers-realised to 325,' lOd, prime 27s to 30s, medium 25s to 26/9, extra prime ewes 18/6 to 235, medium 14/6 to 18s. Fat Cattle. —The firmer tone of the beef market last week had the effect of bringing forward an exceptionally heavy yarding, totalling 686 head. The market was down about £1 to £1 5s on the average. Extra prime beef sold up to 36s per lOOlbs. prime quality steers and heifers 30s to 335, medium 25s to 295. Extra prime heavy steers brought up to £l6 2s 6d, prime medium weight £l2 to £l4, extra prime heifers to £l3 12s 6d, prime £7 15s to £B. Vealers.—The vealers pens were well filled. Large sorts made up to £6 10s, best vealers £5 to £5 15s, medium £2 to £4 15s, small and inferior calves 10s to 30s.

Store cattle.—There was a fairly large mixed yarding of store cattle. 4 and 5-year-old steers fetched £8 12s 6d, 2-year steers £3 13s 6d, yearling steers £2 10s to £3 7s 68. best cows £2 to £3 2s.

Dairy cattle. —The entry of dairy cows totalled 79 head. Best second third-and: fourth ealvers made £9 10s to 04 ss, medium sorts £6 Ills to

Pigs.—There was a good ehtry of fat pigs. There was a good demand for porkers. Choppers made £3 to £7 9s 6d, extra heavy baconers to £4 10s, heavy £4 to £4 5s (equal to s}d to 6Jd lb); large porkers £2 15s to £3 6s, light £2 5s to £2 12s (equal to 7d to 8d).

BURNSIDE. DUNEDIN, April 6. At Burnside to-day heavy sheen and best ewes were Is dearer than last week, and butchers’ lambs and

those suitable for freezing sold at from par to Is advance. Opening rates for prime light fat cattle were up by some shillings, but fat cattle prices declined towards the finish, and ended at equal to last' week’s rates.