LIVE STOCK SALES.

Dominion, Volume 4, Issue 1244, 28 September 1911, Page 8

LIVE STOCK SALES.

in"Tw ?hS? ty "?? Co ", LM " re £ ort *«- ""5 now their weekly sale in the Rnlwnr <3&irtertoji) yard* en Wedii2,d™r. whraffi offered a small yarding of and ra"l» Among the sheen was n, Erall lin.-> of i? fat lamb, (the first of the f ti™" whirl? brought from 13,. 6d. to Us. 6(1 The nlfe entry eompripd all .youn-r steers which met with erood competition. Yearlings r„l----17s ed ; 20 " m<mths Et0 ""B, £5

r,^ r f SCTS '^ VI ? ra ,¥ m and Williams. Ltd., report on their M.i,-terton .stock -a'e hoVl at their ScJ.way yards ymtorday t undd--™°,S; d »n« wa« a medium on 0; but of better m?M ty i, U n£- ot thc !aEt fow weeks, and a much healthier tone prevailed. Wc disposed of the whole of our entry under tno hammer In cattb we wero confined to a ' O M°, f t d^. CO f WS 'i? P^,coition, which ..oU at -S' ss. to £8 5^.; fat wethers, 19s. t '?* ewes, t7s 3d. to 18s.; ewes and ICO per' ?1, o,f a f b i S J "£i M C> others ' 14 "- ; <>"? ewes, us. sa. to Us. 6d.; hoggets, cood-conditioned blacKfocos and long-wools, 12s. 2d.; dairy cows, £7 55.. £7 1C&, £8 to £8 ss. ; ADDIITGTOJf STOCK SALE. (By Tolecraoh.-Prces Association.) (. tJJ - , Chrlstchureh. September 27. At Addington were moderate entries of stocK, and a eood attendance. Ec"f was lu-m at last week's rates. Store sheep showed no materia! chanse. Fat lambs were easier, and fat sheep sold at an advance on last week's prices. Fat niss were weaker in demand r.nd prices. There was a fair demand for store cattle, and cood dairy cows sold well. The yariin.j of store sheen was a small one, and mostly medium soTts. Ewe hoggotfi showed a littlts improvement. Wethers were somewhat firmer, nnd there was a good doir.and foj- ewes and Jamba The bettor class of ewe hosgets sold un to 14s. 7d.; smaller. 125. <<l.; mixed s-;xes. Us. 7d. to 12s 3d.; full-mouth ewes o.ad lam''". 8«. ?d to I 9s. 7d.; all-counted half bred wethers, 12s. lOd. to 15s. Bd.

There were 102 fat lambs Denned, n number of which wore small. Owintr to tho increased numbers offered, the comnetition wag not so keen, and prices were easier. The better sorts mado 15s. t0.215.. and smaller, fe. to 14s. 3d. A small yarding of fat sheon wa3 made up nrrncinnJly of Southland ar.d North Island consignments. There was a rise of fully Is. per head, .?.s compared with tho previous week, in consequence of the supply beins short. The range of prices was: —Extra, prime wethers, to 325.; prime, 21s. od. to 26.;.; others, 18s. to 215.: extra prime to 31s. 6d.: prime, 18s. 6d. to 235. 6d.; others, 14s. Bd. to 18s.; hogget?. Ms. lOd. to 26;. 9d.; merino wethers. 17s. 6d. to 21a. Id.: extra, to 225. 9d. The supply of beef comprised 198 head, and a. larre proportion consisted of prime quality animals. The demand for H123 c!as3 v,vM keen, and last week's hish rates were fully maintained. Steers rcado £7 10'. to £11; extra, to £15 7s. 6d.; heifers. £6 to £10; cj.tra to £12. These prices wore equal to 30s. to 355. for prime, to 4Cs. for extra, 2f.5. to 295. for medium, and 255. 6d. to 265. 6d. for cow and inferior per ICOlb. The entry of veal Clivers wad mado up chiefly of small sorts, and thev sold a,t fa. 6(1. to 5Cs;, oae well-finished yearling makinir £5 ss.

There was a fair entry of cattle, and a pood demand lor tho larger sorts. Yearlings made 30s. to 36*. 6d.; 15 to 18-monthr.. £2 ss. to £2 7si fel.j t.wo-yeaT steers. £3 3,5. to £3 155.; two-yew heifers. £3 123. to £3 155.; five-year steers, £5. 2s, to £5 7s. 6d.; four-year heifers. £4 ss. to £4 65.; dry cow?, 203. to £5 7s. 6d. Good dairy cows were m demand, prices ranging from £3 10s. to £11 lt>3. The yardini of fat pigs 'showed an increase in numbers, and prices were consequently easier. Choppers made £2 ICs. to £5: heavy baconers, £3 to £3 15-.: lighter 47: i. 6d. to 555. (coital to sid. to M. nor lb.); largo porkers, 375. 6d. to 455.: smaller, 30s. to 355. (en.ua! to 53d. per lb.). Store pigs were also entered in largo numbers, and they met with a fair demand, several outsido buyers being present. Laree sorts made 245. to 235.; medium, 18s. to 2J0.: smaller, 12s. to 155.; and wca,ners, Bs. Od. to 12s. 6d. BUHNSIDE MARKET. | (By Telegraph-Press Association.) Dunedin, September ■ 27. At Burnsido to-day 174 fat cattle wore yarded, chiefly bullock'- of scod ouality, with a, few nenn of wcll-fmishcd heifers ami cows. Competition wrvs good, but owing to the number forward prices were a shade lower than isct week's rates. Best bullocks, £12 10s. to £13 155.; extra, to £15 55.; good to medium. £10 15s. to £11 155.; inferior, £9 to £10; tet cows and heifers. £8 15s. lo £9 IPs.; extra, to £11 I7s. 6d.; medium, £7 to £8; inferior. £5 to £5 15s.

Fat Sheen: 4960 penned. The majority were well finished wethers, with a few pens of extra, prime and heavy, the balance being medium to email unfinished «W;ei>. At the commencement of the solo tl.o bidding was slow, although all prime sheen sold fairly well, hut a- tile rale prosref-ca competition became keener, and prices all round were about on a. par with those ruling last week. Best wethers, 235. to 25*. 6d.: extra prime and heavy, 275. 6d. to 325. 6<1.; bc:t ewes, 20s. to 225.: good, 18s. to 195.: medium, 1<«. to 16s. F.it Lambs: 26 "nice quality lambs were yarded, and sold under good competition up to. 21s-. Pigs: 2CO penned. Stores were slightly easier than last, week, but fats were very firm, at late rates. COMMERCIAL ITEMS. .INVESTMENT SHAKES. There were no transactions investment shares yesterday. The buying and selling quotations were as under:— Buyers, Sellers, »r .• i „ , £ B rt £ B 'd Rational Bank 6 16 6 2 6 N.H. Loan and Mercantile — 0 .17 9 Well. Investment 0 11 9 — Christohurch Gaa 9 12 6 9 15 0 Gisborne Gas :.. — J i 6 Well. Gas (£10) _ ]9 0 l „" Well. Gas (£7 10s.) - 19 0 0 Well. Gas (new) 2 15 b 3 0 0 Well. Gaa (rights) 0 0 3 0 0 5 f*.Z. Shipping; — 11 7 0 Union Steam , — 2 10 Well. Woollen (pref.) - 3 n 0 Wcstport Coal 18 6 -. Leyland O'Brien 18 9 — N.Z. Paper Mills — 110 Sharland's ordinary — 1 4 6 Taringanmtu Totara 2 2 9 — Kotuku Oil (lCs.) 16 0 — LONDON WOOL SALES. The fifth of tho scries of London wool sales, better known as the September talcs commenced on Tuesday evening, and, vcitcrday, the local brokers received their cable advices. It was generally expected that values would decline, and the cab'cs confirm this. Values liavo fallen from 5 to 10 per cent., according to the oualitv and fineness of the staple. The attendance of buyers 13 said to be large, and, at the opening, in spite of a selection of indifferent wool, the .competition w.-\s animated. The drop in values is, of course, disappointing, but the conditions operating at tho moment are oxc.lptior.nl. Great Britain ha'i scarcely recovered from the industrial upheaval, which cost tho country several millions sterling. With labour r. restive state, it is not to be expected that users of the raw material would buy beyond their actual immediate requirement;;. Beside;) the labour trouble there ia the fact that the money market is disturbed, and that international politics have created r. tension and nervousness that is not helpful to trade. Wo must also take cognisance ol the part played by "bears." Almost In.-

variably at the September F.-v'.er; attempts arc made to "bear" the market. so that purchases can be made in the Australasian markets r.t compa-cativciy cheap rates. When all those conditions are taken ir.li account, tlie drop in values is not very surprising. Looked at souarclv. there is a certain amount of proinro in the outlook. The animated competition indicates that there is a. demand for woo!. At the prices rutins; to-day, wool is cheap, and, as soon as confidence is restored in the industrial situation, r. speculative demand will develop, ar.d prices will ascend. There is, therefore, first the possibility that, before the New Zealand wool clip is ready for the market, values will have recovered. THE WAIBABAPA FARMERS' COOPERATIVE. The annual meeting of shareholders of the Wairarapa Farmers' Co-operative Assoeia--1011 was he'.d at Carterton yesterday afternoon, Mr. M. Casclberg (chairman of directors) presiding. In moving the adoption of the report and balance-sheet." which proposed a, dividend equal to 9 per cent, and bonuses to purchasers and employees, the chairman stated that tho past year had been one of prosperity, and tho outlook for the future was very bricht. The association was raw in a Gtrong financial position, and prices for all kinds of uroduce were good. Tho retirine directors were re-elected, and Mr. F. 0. Tumor's appointment to the directorate (in place of .Mr. Ckas. Pharazyn, resigned) was confirmed. Messrs. Eadham and Chcnnells were re-elected auditors at a salary of £150. and the directors' combined honoraria was fixed at £610. Votes of thanks were pacsed to the employees and to tho chairman. Customs revenue collected p.t the port of Wellington yesterday amounted to £18C6 15s. 3d. THE METAL JIAEKETS. By Telegraph—Press Association—OopyripM London, September 26. Copper.—On the spot, £54 7s. 6d.: thrc? months. £55 2s. 6d.; olectroiytio. £56 17s. 6d. Tin.-On the spot, £171 2s. 6d.; thrco months, £169 15s. Lead, £15 por ton. NEW ZEALAND ANT) AUSTRALIAN LAND COMPANY. By Telegraph-Press Association-Copyright (Ecc. Sept. 27, 9.45 n.m.). London, September 27. The 'New Zealand ard Australian Land Company, Limited, has declared .-. ditdend of 4 per cent., with a. bonus of 7 Der cent. A EISE IN CONSOLS. By Telegraph-Press Asoociation-Copyright (Ecc. Sept. 27, 9.45 p.m.). „ • , London, September 27. Consols are nuotcd at £77 55.. a rise of 10s. since Friday last. LONDON QUOTATIONS. ByTelegraph-PrcssAssDciation-Copyrisht t, , <~. London, Sentember 26. Bank Shares and Debentures are unaltered.