ADDINGTON MARKET.

Press, Volume LXIII, Issue 19160, 17 November 1927, Page 10

ADDINGTON MARKET.

RECOVERY IN BEEF VALUES

MUTTON PRICES MAINTAINED. (BT OCB COK3U&CU.L IDITOE.) There were average to good entries in practically all classes of stock at the Addington market yesterday, store sheep being the one exception. Values' in this class hardened as the sale progressed, and what appeared to be high prices were paid for sheep out of the wool. Ewe hoggets also sold well. Fat cattle met with the best market for some weeks, being up by about 4s to 5s per 1001b on a fortnight before. Entries were just about sufficient for the weekly needs of butchers. Tat sheep sold, on the whole, at satisfactory rates, though there was a good deal of irregularity as between the relative values of ewes and wethers and woolly and shorn sheep. Notwithstanding the broken shearing weather, quite 75 per cent, of the sheep forward were out of the wool, vendors apparently preferring the wool sales to the yards in marketing the fleece. A good-sized entry of lambs sold well, averaging for about lOd a lb. It is understood that the works in the Korth Island will open at about 93d, in which case values here are expected to range a fraction or more over lOd. Fat pigs sold firmly, and store pigs at what appeared high rates. Vealers of decent quality also met with a brisk market. The wet morning affected the attendance of farmers. STORE SHEEP. The entry of store sheep filled three races. Included in the entry were several lots from southern Marlborough, also one or two goodsized drafts of wethers in the wool, and about a dozen pens of shorn sheep. The number of ewes and lambs was not so large as has been the case at recent sales. At the start of the market bidding was slow, and sales, especially of sheep out of the wool, were hard to make. Later on, however, the demand improved a lot, and lines of shorn sheep were much better than they were two weeks ago. Ewe hoggets met spirited competition, ono pen of halfbreds selling at 39s lOd. Many other sales were made at satisfactory prices. Values were:— Good halfbred ewe hoggets 36s to 39s lOd. Two-toothed crossbred ewes 26s lid. Four and aix-toothod crossbred shorn wethers 22s to 265. Four and six-toothed forward shorn wethers 27b to 30s 6d. Four, six, and eight-toothed halfbred woolly wethors 31s 3d to 365. Inferior four and six-toothed woolly wethers 2Ss 6d. Halfbred wether hoggets 25s 3d. The following were the principal sales: — Wethers—l3s four and six-tooth Chatham at 245, 71 four and six-tooth Chatham at 255, 54 four and six-tooth Chatham at 22s 3d, 350 four, six, and eight-tooth halfbred at 30s 6d to 316 3d, 47 four-tooth shorn at 275, 139 six and eight-tooth halfbred at 31s 3d, 91 four. six. and eight-tooth three-quarter-bred at 28s lOd, 126 four and six-tooth halfbred at 2Ss 6d, 126 four and six-tooth halfbred at 28s 6d, 33. forward four and sixtooth shorn at 30s 6d, 197 four and sixtooth halfbred at 34s lOd, 66 forward six and eight-tooth halfbred at 365, 38 four and sixtooth shorn at 22s 9d, 37 four and sixtooth at 225. Ewes—33 sound and failing-mouth crossbred and 34 lambs at 20s 6d, 133 *aged crossbred and 132 lambs at 15s lOd, 38 aged crossbred and 27 lambs at lis 4d, 107 fail-ing-mouthed crossbred and 104 lambs at 17s 3d, 66 aged and 64 lambs at 15s 6d, 39 aged crossbred and 28 lambs at 14s. 9d, 37 two-toothed crossbred at 26s lid. Hoggets—2ls halfbred ewe at 36s lOd. 133 halfbred ewo at 39s lOd, 271 halfbred wether at 25s sd. FAT LAMBS. An entry of 670 head compared with about 1000 on the occasion of the double market a fortnight ago Though the number might have been expected to exceed requirements, such was not the case, and a sale at somewhat better prices than a fortnight ago resulted. At the pre-holiday market, prices slipped over the later stages, but yesterday the demand was well sustained towards the end.

The following were the principal sales:— On account of E. F. Nicoll (Lauriston), 21 at 28s lOd to 37s 4d; W. Tizzard (Methven), 2 at 35s 4d; Shepherd Bros. (Southbrook), 5 at 34s 4d;. A. Atkinson (Swannanoa), G at 31s lOd to 33s 7d; F. S. Candy (Brookside), 4 at 32s lOd to 33s 7d; A. Banks (Coutta Island), 7 at 32s Id to 33s 7d; J. MoCartin (Leeston), 6 at 32s Id to 33s 4d; D. and W. E. Hampton (Methven), 29 at 29s lOd to 33s id; Goo. Farquhar (Barr Hill), 26 at 29s Id to 33s Id; E. G. Bishop (Southbridge), 8 at 29s 4d to 32a 4d; E. E. . TTpston (Selwyn), 5 at 29s lOd to 32s 4d; \V. Oliver (Wlnchmore);"" 6-at 308 lOd to 31s lOd; Wyllie's Estate (Southbridge);--. 12 at 29s 4d •to 31s 7d; client, 12 at 29s lOd to 31s 7d; W. E. Candy and Sons (Doyleston), 6 at 31s 4d; H. Candy (Brookside), 7 at 28s lOd to 31s Id; client, 15 at 23s lOd to 80s lOd; G. L. Rutherford (Connemara), 10 at 27s 4d to 30s lOd; R. McDonald (Waikuku), 37 at 27s lOd to 30s 7d; R. J. Robinson (Waikuku), 20 at 25s lOd to 30s 4d; J. Beckett (Spotswood), 125 at 21s 4d to 29s lOd; H. A. Bennett (Eyreton), 12 at 25s 7d to 29s lOd; W. C. Lowery (Southbridge), 5 at. 29s 7d; A. Banks (Rakaia), 15 at 23s Id to 29s 7d; G. Greaves (Lincoln), 6 at 29s 4d; Edgar Page (Spotswood), '2l at 27s Id to 29s 4d, Barnes Estate (Cheviot), 11 at 26s 4d to 28s 7d; L. Wright (Coutta Island), 15 at 25s lOd to 27s lOd; client, 3 at 27s lOd; L. Wright (Coutts Island)-, 15 at 26a 7d to 27s 4d; client, 5 at 25s 7d to 27b 4d; A. C. Greenwood (Southbridge), 5 at 27s 4d; H. D. Butcher (Broadfield), 4 at 26s 7d to 27s 4d; client, 12 at 25s 7d to 27s 4d; J Pateman (Woodend), 19 at 2Ss Id to 275; client, 27 at 24s 7d to 26s 7d; E. H. Milne (Cheviot), 42 at 22s lOd to 263 4d; client, 27at 24s 7d; D. Borcoskie (Chaneys), 17 at 23s lOd. FAT SHEEP. The yarding as a whole was of a rather plain character, few outstanding drafts except some pens of ewes being forward. The bulk of the sheep were out of the wool. Altogether the entry represented about a dosen races compared with 16 on the'occasion of the double market. The contribution from other centres was fairly heavy, ! one line of 252 coming from the Masterton district and another of 170 from Wanganui, with several hundred head from the Chathams. The sale over the earlier part was brisk, though very irregular, and practically maintained the satisfactory level set at the pre-holiday sale. There was a tendoncy for values to ease over the later stages, particularly for unfinished shorn sheep. A particularly good draft of shorn sheejp from E. Hay (Pigeon Bay), sold at, for 70 ewes, 81s 7d to 36s lOd, and for 54 wethers at 35s Id to 40s Id. A. C. Watson (Methvenl sold an exceptional lot of 19 woolly ewes at 43s Id to 50s Id, top price for a pen of four. The tojp of the North Island shorn ewes sold at 34s Id. Values were: Prime woolly wethers, 43s to 46s lOd, Medium wethers, 38s to 42s 6d. Light wethers, 35s to 37s 6d. Extra shorn wethers, 36s to 42s lOd. Prime shorn wethers, 32s to 355. Medium shorn wethers, 26s to 3ls. Light shorn wethers, 24s to 27s 6d. Light shorn wethers, 34s to 27s 6d. Extra prime woolly ewes, to 50a Id. Prime woolly ewes, 37s to 445. Medium woolly ewes, 32s to 365. Light woolly ewes, 24s to 31s. Extra prime shorn ewes, to 36s lOd. Prime shorn ewes, 28s 6d to 325. Medium shorn ewes, 25s to 28s Light shorn ewes, 20s to 245. The following were the principal sales: Woolly wethe^—On account of South Canterbury client, 45 at 44s 7d to 46s lOd; Faparua Prison Farm, 15 at 46s "d; J. McLachlan (Leeston), 10 at 45s lOd; J. H. Ridge (Broadfield), 15 at 40s lOd to 44s 7d; client, 40 at 36s lOd to 43s 7d; client, 45 at 37s lOd to 41s lOd; client, 111 at 37s Id tj 41s Id; F. Hubbard (GTeenpark), 7 at 39s Id; client, 10 at 36s lOd; I. S. Aitken (Methven), 9 at 34s lOd. Shorn Wethers —On account of J. C. Lochhead (Rakaia), 66 at 38s lOd to 42s lOd; E. Hay (Pigeon Bay), 54 at 35s Id to 40s Id; N. J. Brown (Dunsandel), 48 at 37s Id to 39s 7d; J. W. Warren (Greendale), 15 at 31s 7d to 38s 7d; H. F. Wright (Dunsaudei), 15 at 35s Id to 38s Id; P. Goomes (Chatham Islands), 110 at 35s Id to 38s Id; Wanganui client, 134 at 31s 7d to 3Ss Id; New Brighton Trotting Club, 107 at 32s 7d to 36s 4d; client, 224 at 25s 4d to 36s 4d; Oamaru client, 66 at 31s Id to 36s 4d; client, 77 at 31s Id to 34s 7d; client, 134 at 29s lOd to 34s 4d; W. Prebble (Lauriston), 60 at 28s 7d to 34s 4d; T. C. Withell (Motukarara), 216 at 26s 7d to 34s Id; L. W. Storry (Halswell), 70 at 26s 7d to 33s 4d; O. Wishart (Chatham Islands), 196 at 27s Id to 33s 4d; W. E. Fitzpatrick (Cheviot), 20 at 25s 4d to 33s Id; A. J. Blakeley (Rakaia),.66 at 30s 4d to 32s lOd; J. Fit2patrick (Cheviot), 24 at 29s 4d to 32s lOd; J. Beckett (Cheviot). 35 at 26s lOd to 32b 7d; Estate J.H. Ensor (Rydal Downs), 75 at 27s Id to 31s lOd; R. G. Robinson (Tinwald), 68 at 27s Id to 3ls 7d; It. Houston (Brookside), 12 at 31s 4d; Jas. Oddy (Lincoln), 28 at 26s 7d to 31s Id; Jno. Cunningham (Brookside), 28 at 22s 7d to 30s lOd; client, 52 at 27s Id to 30s 4d; H. E. Jessep (Methven), 71 at 24s 7d to 28s 4d; South Canterburv client, 76 at 25s 4d to 27s 4d; F. W. Mitchell (Chat-' ham Islands), 12 at 27s 4d; T. S. Innes (Sheffield), 24 at 27s Id; W. Thwaites (Hororata), 28 at 24s 7d to 27s Id; Jas. ; Campbell (Methven), 55 at 24s 4d to 26s ' 4d; G. A. Winter (Dunsandel), 48 at 23s 7d to 26s Id; client, 24 at 23s lOd to 25s 7d; I client, 69 at 21s Id to 23s 7d. Woolly Ewes—On account of A. C. Watson (Methven). 19 at 43s Id to 50s Id; H. Radford (Motukarara), 1 maiden ewa at

-n.. T R. Gilchrist (Oamaru), 55 at 43s Id ?„ is«4d; D. and W. E. Hampton (Meth, IpJ 6 at 45s 7d: 11. F. Wright (Dunsandel), -I 27s Id to 42s lOd; W. Tizzard (Highhank) 5 at 41s 10d; N. J. Brown (DunLndil') 11 maiden at 41s 4d ; J. MeLBehton (Leeston), 31 at 34s lOd to 40b 4d; X„ 63 at 3Ss 4d to 39s 4d; S. Eobin<nn (Methven), 28 at 32s Id to 38s lOd; H Couch and Son (Greendale), 10 at 31s lOd to 33s 4d: H. Candy (Brookside), 13 at IS? l d to 3Ss Id; Geo. Farquhar (Barr wilM 2° at 28s 7d to 37s 4d; Allan and Hawthorne (Winchmore), 17 at 29s 4d to "fi, 10d- Methven client, 8 at 36s 4d; 11 Lo-very (Winchmore), 21 at 30s 4d to ,;•„ 4d- client, 14 at 35s lOd; client, 52 »t «6s 7d to 33s lOd; G. K. Power (FernMde) 39 at 2«7s lOd to 35s 4d; F. Hubbard (Greenpark), 52 at 26s lOd to 355; W Deans (Sandowu), 42 at 2.s Id to 34s id- S Campbell (Methven), 9 ac 345; -Nylin's Estate (Southbridge), 9 at 33s lOd; T \Viselev (Methven). 19 at 27s lOd to 33s -rf-J E. Christie (Southbridge), 11 at «7« 7d to 33s Id; W. C. Lowery (Lincoln), s at 3"s 4d; I. S. Aitken (Methven). 3 at 31s ~7d; A. H. Gidson (Cheviot), 15 at ■>7s 4d " Shorn' Ewes—On account of E. Hay (Pigeon Bav) 70 at 31s 7d to 36s lOd; C. K. Marshall (Springbank). 11 at 7d to 35s .'d- Ms'terton client, 252 at -bs 4d to <>4s Id' client, 40 at 20s to 33s 7d; Jas. Oddy (Lincoln), 12 at 31s 10d; G. Hampton (Leestou) 14 at 24s 7d to 31s 4d; client, 8 at 30s 7d- J. W. Warren (Greendale), 30 at "6s Id'to 30s Id; H. Page (Fernside), 6 at 28s 10d; T. Parker (Parnassus), 35 at "" S iod to 28s lOd; client, 14 at 2Ss 4d; client 30 at 24s lOd to 28s Id; W. Prebble (Lauriston), 9 at 24s 7d to 27s lOdj Wanganui client, 23 at 26s Id to 27s 7d; H J Freeman (Highbank), 6 at 27s 4d; client 32 at 22s 7d to 275; Howson Bros. (Sedgemere), 26 at 23s lOd to 26s lOd; W. Nixon (Killinchy). 34 at 23s lOd to 20s Qd- T S. Innes (Sheffield), 42 at 22s 4d to °6s Id- M. Houston (Brookside), 8 at ■>ss 7d- F W. Mitchell (Chatham Islands), 17 at 25s Id; Jas. Campbell (Methven), 11 at 24s lOd; W. Cooper (Southbridge), 9 at 24s 7d; client, 13 at 19s Cd. Ho»"ets —On account of H.. Candy (Brookat 34s 4d to 36s 7d; Geo. Farquhar (Barr Hill), 12 at 30s lOd; H.'F. Freeman (Highbank), 7 shorn nt 26s 7d; Jas. Oddy (Lincoln). 14 shorn at 20s 7d to 23s lOd; G. A. Winter (Dunsandel), IS shorn at 19s lOd to 22s lOd.

FAT CATTLE. An entry of 450 head, compared with 770 on the occasion of tha double market a fortnight ago. Outside drafts included one good Worth Island line of 39 Angus crosses, from the Wanganui district; whilst two or three smaller lines came from southern districts. Quality generally was fair, the bulk being medium to prime beef, the showing of prime cows and heifer 3 being heavier than usual. Apparently all the heavy entry of a fortnight ago had gone into use, as yesterday's sale showed an advance from tho start. The improvement was well maintained throughout. On an average it equalled from 30s to 40s a head, it being tho best sale for some weeks. The best of the beef made from 42s 6d to 45s per 1001b, prime 40s to 425, medium i>7.s to 395, heavyweight 3Gs to 39s 6d, ordinary cow beef 33s to 365, and rough down to 27s per 1001b. Extra prime heavy steers to £22 17s 6d. Prime heavy steers, £l6 Jsa to £l9 10a. Medium steers, £l4 10s to £l6 10s. Light steers. £9 10s to £l4. Extra prime' heifers, to £l6 2s 6d. Prime heifers, £l2 10s to £l4 15s. Medium heifars, £lO 10s to £l2 ss. Light heifers, £7 15s to £lO ss. Extra prime cows, to £l6 2s 6d. Prime cows, £ll 153 to £ll. Medium cows, £9 10s to £ll 10s. Light cows, £6 10s to £9. The following were the principal sales: E. Woodill (Akaroa), 8 steers at £l7 17s 6d to £l9 2s 6d; A. A. Narbey (Akaroa), 8 steers at £l7 17s 6d to £lB 2s 6d; A. Helps (Akaroa), 8 steers at £l4 17s 6d, 4 heifers at £lO 7s 6d to £l2 12s Cd, 5 cows at £6l7s 6d to £ll 12s 6d; Halswell client. 2 steers at £ls 123 6d, 15 cows at £9 12s 6d to £l3 12a 6d; F. \V. Meyer (Ladbrooks), 1 cow at £7 17s 6d; S. Douglas (Ethelton), 1 heifer at £ll 12s 6d; H. Foster (Kirwee), 1 cow at £7 17s 6d; F. G. Birdling (Birdling's Flat), 17 steers at £l6 2s 6d to £22 7s 6d, 1 cow at £l3 12s 6d; K. Gould (Rotherham), 8 steers at £ls 7s 6d to £l9 12s 6d; A. Eichfleld (Port Levy), 4 steere at £l6 7s 6d; Geo. Richfield (Port Levy), 1 steer at £l7 2s 6d; C. J. Richfield (Port Levy), 1 steer at £l7 2s 6d, 1 heifer at £l2 17s 6d, 1 cow at £l2 7s 6d; Sir R. Heaton Rhodes, 10 cows at £l2 17e 6d to £l3 17s 6d; J. Hay ward (Robinson's Bay), 1 heifer at £l4 17s 6d, 8 cows at £lO 2s 6d to £ls 12s 6d; client, 3 steers at £l4 12s 6d, 1 cow at £5 7s 6d; W. Hall (Hororata), 4 cows at £8 7s 6d to £l4 7s 6d; P. F. Ryan (Weedons), 1 cow at £9 2s Gd; Ryan's Estate (Springston), 3 heifers at £7 2s 6d to £8 2s 6d> 1 cow at £7 12s 6d; F. Leonardo (Le Bon's Bay), 15s steers at £l4 2a Cd to £l7 2s 6d; Riccarton client, 15 steers at £l4 7s 6d to £l9 12s 6d; Geo. Fisher (Belfast). 5 heifers at £7 2s 6d to £l3 17s 6d, 4 cows at £3 12s 6d; Geo. Mcßean (Springston), 6 steers at £l7 2s 6d to £2O 2s 6d, 1 heifer at £l6 2s 6d; E. Rinaldi (Rotherham), 8 cows at £9 12s 6d to £ll'l7s.Cd, client, 20 cows. at.£6 15s to £ll 12? 6d; H. C. Barton (Ealing), i steer at £ls 12s 6d; Wanganui client; 39 steers at £l7 2s 6d to £2O 17s 6d; Peninsula client, 12 steers at £ls 7s 6d to £l6 7s 6d; K. Macphail (Wainui), 8 steers at £ls 17s Gd to £l7; R. J. Robinson (Waikuku), 4 steers at £l4 7s 6d to £l7 17s 6d; J. Steel (Waipara), 1 cow at £l3 17s 6d, 1 heifer at £8 17s 6d; P. Robinson (Waikuku), 8 cows at £5 17s 6d to £9 17s 6d, 5 heifera at £4 12s 6d to £9 12s 6d; client, 1 steer at £l2 7s 6d, 8 cows at £7 7s 6d to £lO 12s 6d; G. W. Bassett (Kaiapoi), 6 cows at £4 7s 6d to £8 7s 6d; G. H. Ridgen (Greondale), cow at £l6 2s 6d; J. Hayward (Robinson's Bay), 7 heifers at £ll 7s 6d to £l4 12s 6d, 2 cows at £l4 2s 6d to £l4 7s 6d; client, 6 cows at £7 12s 6d to £l3 17s 6d; F. W. Compton (Aylesbury), cow at £l2 12s Gd; W. H. Gillespie (Oxford), 3 steers at £ls 17s 6d to £lB 7b 6d, 3 cows at £7 12s 6d to £l3 2s 6d;. W. Hewitt (Medbury), 3 steers at £ls 17s 6d; southern client, 4 cows at £8 12s 6d to £li 17s 6d, 4 heifers at £ll 17s 6d ot £l3 2s 6d; clients, 4 cows at £8 2s 6d to £lO 7s 6d, 3 steers at £l4 7s 6d to £ls 7s 6d, 9 heifers at £8 12s 6d to £ll 2s 6d, 7 cows at £ll 17s 6d to £l3 2s 6d; E. R. Cook (Rangiora), cow at £l4 2s 6d: R. Sansoin (Aylesbury), cow at £lO 17s 6d; E. Hay (Pigeon Bay), 10 steers at £ls 2s 6d to £lB 7s 6d; J. and C. Thacker (Okain's Bay), 6 cows at £9 12s 6d to £l2 7s 6d; P. Anderson (Sterling), S steers at £ls 17s 6d to £l6 7s 6d; clients, 2 cows at £l2 2s 6d to £l3 7s 6d, 8' heifers at £lO 23 6d to £l3 17s 6d, 11 steers at £l4 12s Gd 'to £22 17s 6d. VEALERS. The, entry of vealers was much- smaller than has been the case at recent sales; in fact, the supply of killable sorts was not sufficient to meet requirements. AH calves showing some quality sold firmly at late rates. Values were:— ' Twelve to eighteen months sorts to £7. Good vealers £5 to £6. Medium vealers £3 to £4 13s. Others 10s to 355. Small and inferior calves 4s to 10?; STORE CATTLE. . The entry of store cattle was a fair-sized 1 one. As usual, it consisted mainly of cows and bulls, with a few pens of steers. The demand was good, any forward sorts selling very readily. Values were:—• Four-year-old steors £lO. Three and four-year-old steers £8 12s 6d. . Two and a half-year-old steers £7 2s 6d. Best cows £4.10s to £6 3s Gd. Medium cows £3 to £4 ss. Old cows 30s to £2 10s. Bulls £4 to £8 123 6d. . | DAIRY CATTLE. The entry of dairy cattle totalled 44 head. The demand was good, and practically a complete clearance was made at prices on a par with late rates. Values were:— Best second, third, and fourth calvers £8 10s to £ll. Medium sorts £6 10s to £B. Inferior sorts £4 to £5 10s. Heifers, £3 10s to £7. Old cows in profit £2 10s to XI. FAT PIGS. There was a good yarding and fair demand throughout for both porkers and baconers. Values were:— Choppers £3 to £4 15s. Light baconers £3 7s to £3 15s. Heavy baconers £4 to £4 10s. Average price per lb 55d to 6Jd. Light porkers 40s to 48s. Heavy porkers 52s to 655. Average price per lb 7d to Bd. STORE PIGS. There was a medium entry of store pig 3. The attendance of buyers was large, with a keen demand fcr all classes. Large stores sold exceptionally well. Values were:— Small weaners 12s to 15s. Good weaners 16s to 22s 6d. Extra good weaners 23s to 275. Slips 17s to 19s 6d. Small stores 22s to 265. Medium stores 27s to 335. Large stores 34s to 465. TEMUKA STOCK SALE. There were moderate entries! in ail leetious at the Temuka stock sale held on Tuesday. Fat sheep were disposed of at prices on a par with those of recent sales. Stores also met with a fair demand at satisfactory rates. The demand for fat cattle slightly exceeded the supply, with a result that good sales were effected. Values were:— Fat Ewes —Six at 33s 6d, 5 at 26s 3d. 8 at 375, 14 at 35s 6d, 5 at 41s, 21 at 39s 6d, 5 at 28s 6d; wethers, 10 at 28s, 16 at 40s, 1 at 36s 4d; stores, 50 two-tooth wethers 22s 4d, 9 m.s. hoggets 27s 6d, 4 rams 16s, 4 rams 315,-13 ewes and lambs 21s. Cattle —Fat cows, £lO, £B, £5. £4 "s Gd, 2 Et £2; fat heifers. £5 ss. £2 4s Cd, .S3 123 6d; fat steers, £9 to fill; dairy cuttle, cows in profit £3, £3 lGs, iZ 15s, i.l lis', **>. 1 heifer £5 at.

BURNSIDE MARKET. (razss issociiTioK. telegram.) DUNEDIN, November 16. The values for fat sheep at the Burnsido stock sales to-day were firm to Is 6d above the prices given last week. Fat pigs were selling at reduced rates, and there was a fairly good demand for store cattle. Fat Cattle —A yarding of 224. The quality was considerably mixed, but included some nice lots of bullocks and heavy cows, and a few very prime heifers, as well as some plain sorts. Extra prime heavy bullocks brought ilB to ±'2o 2s 6d, prime £l3 10s to £ls, prime heifers £ll to £l2 ss, medium £9 to £lO ss, good cows up to £l3, others £S 10s to £lO. Prices for prime ox beef were on the basis of 455, prime heifers 455, cows and light heifers SOs to 40s.

Store Cattle—About 100 were yarded. This lot included some mixed cows and about 25 good bullocks. The demand was good, very forward bullocks making from £ll to £l2, well bred three and four-year-olds to £lO ss, and fair 21-year-old to £7 10s. Other classes were unchanged. Fat Sheep—There- was au assorted entry which included some 600 to 700 shorn sheep. The quality was generally good, with some extra heavy sheep, both ewes and wethers in wool and shorn included. There was a quiet opening to the sale to firm later. The demand for the best sheep was good, but some shorn were passed. Prices were generally very firm to Is 6d appreciation on last sale's rates. Prices were: Extra heavy woolly wethers 57s to 645, prime 39s to 48s 3d, medium 30s to 345, prime shorn wethers 3Ss to 41s, medium 29s to 32s '3d, best shorn ewes 27s Od to 31s, prime 24s 6d to 25s 9d. Prices for prime wethers in the wool were on the basis of 7Jd to Bd, prime shorn wethers 6d to 6 id. Prime ewes in the wool 6 -id [ prime shorn ewes 4d to sd. I Lambs —Tho supply of lambs was good, and the quality was very fair to prime, with some small and light classes. Values were down about 4s. Pricos were: Best hoavy lambs 34s to 35s 3d, prime 29s Od to 31s 3d, light 20s to 235. Prime lamb sold on the basis of 9d to Is per lb. Pigs—The penning consisted of about 100 fats and 96 stores, and showed some good quality. At the beginning of the salo the fats were being sold at cheap rates. ELECTROLYTIC ZINC. At the annual meeting of the Electrolytic Zinc Company of Australasia, Ltd., the chairman of directors, Hon. W. L. Baillieu, in submitting a motion for the adoption of the report and balance-sheet, said: I am sure shareholders will agree, particularly having regard to the fall in base metal prices, that the report and balancesheet make a satisfactory showing. Wo have, of course, felt the effect of tho decline in prices, but this has been largely offset | by the sliding scale provision under which I our concentrates are purchased, that is to say, if metal prices are low, we pay proportionately less for our zinc concentrates, and, of course, the reverse applies when spelter commands a higher figure. Another important balanciug factor which operated in our favour during the year was tho all-round increased efficiency, not only at Kisdon, but at other centres of the company's activities—resulting in higher output and lower costs. The gain of over 2000 tons of zinc, all due to increased efficiency, is, you will agree, a fine achievement, reflecting tho greatest credit on our staff and employees. I now come to a subject which is probably of the greatest interest to shareholders, viz., future dividends. Questions are often put to us as to the probability of our continuing, the present rate of dividend —having regard particularly to tho price of metals, etc., as they stand to-day. Shareholders will surely appreciate that with the varying and unexpected factors that crop up from year to year it is difficult to make an accurate forecast, and certainly no Board of Directors would commit itself in advance to any definite pronouncement. But I can eay, after a very careful analysis of our figures, for the first three months of the current financial year, and after giving due weight to all present known operating and trading conditions, that unless some unexpected and unforeseen contingency arises we will bo able to maintain the present rate of distribution with metals at round about current prices.(Applause.) More than that I cannot say, and I am sure you will not expect me to say. Again, I will say, in parentheses, that this becomes possible by reason of the steady improvement on tho technical side already referred to in the report as effected by our staff. As increasing burdens have been placed on the company's shoulders, they have been overtaken by increased efficiency. The directors feel that this large undertaking, with its several subsidiary industries, is now established on a sound, basis, and should be able to hold its own amongst the world's zinc producers. As you know, the bulk of our zinc has to be sold abroad. GOLD.

(BT CABLI—PBBSS ASriOCIATIOX— COPIEtOHTj (AUSTBALIAH AN» W.I. CABLB ASSOCIATION, LONDON, November 15. The price of gold is. £i 4s lljd an oz.