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ADDINGTON MARKET

(By Telegraph-Press Association.) Chrlstchurch, February 25. At Addington market there was an average yarding of Tat sheep, a larger one of fat cattle, and a much smaller ono of fat lambs. Prices for fat elieep more than recovered from last week's drop, while fat lambs sold at recent rates. Beef was easier. Store sliocp were forward in large numbers. Store sheep: Biggest yarding of season, including a considerable number of.Marlborough 'beep which did not meet with the v°"dors' ideas of values. Lambs made a smaller proportion of the entry than usual Tlic sale throughout, in spite of the large yarding, was equal to the preceding week's. '1 he rain was a factor in kecpin" values up. Forward lambs made 2Bb. to "Ms. 7d.i ordinary. 18s. to 21s. M.; luw-condiiioned, Ms. to t75.9d.; good four and six-tooth ewes made 30s. to 365. Id.; good two-tooth. 295. to 325.; two, four, sis and eight-tooth ewes, 2as. 6d. to 275. Id.; sound, fair ewes. 19s. to 253. 6d.; aged forward ewes. 19s. 6d. to 25s 6d.; good Tour six, and cisht-tooth wethers, 28s. to 30s 3d • ordinary 235, 6d. to 275. 6d.; inferior, 17s. 6d. to 2Zs. 6d. Fat. lambs: 4870 were yarded, compared Willi Die 7800 of last week. The entry included several pens of. exceptionally prime lambs, which sold at 425. and IDs. for small lots. Tim market was firm and 'recmt rates wore realised for the whole yarding. Extra prime lambs made to 4'a ' prime lambs, 295. 6d. to 345«. lid.; medium, 255. to 28s. 10d.; lighter, 21s. to 245. lOd. , ~ ~ , Fat cattle: A larger yarding than usual, and weaker sale, freezing buyers not buying so strongly us in the sheep section. Extra prime steers made to £26 10s.; prime, tbi 'iSq to £25 as.; medium, £15 2s. 6d. to £20''lighter steers, £12 2s. 6d. to £14 2s 6d •' prime heifers, £14 2s. 6d. to £16 ss'- lighter, £9 lo £13 2s. 6d.; prime cows, £13 lbs to £17 !«■: licht and inferior cows. £8 1% 6(1. to £12 15b. Store cattle: A smaller yarding, with values on recent basis. Bulls made £0 to £19 (extra heavy); two-year steers, £7 "to £8; dry cows. £5 10s. to £9 10s.. Dairy cow: A small entry. Good springers made to £17 10s.: good heifers, to £15 55.: inferior, £4 10s. to £9; .medium cows. £9 to £15. Venlers • An averago yarding, with good demand ' Runners made to £8; medium to £6; good venlers, £3 12s. Cd. to £4 12s. 6d : small 9s. to 30s. l'ics- A fair entry and moderate domi nil*' Extra heavy baenners made to £9 6s!; ordinary. £6 to £7 (average price per lb lid, to Hid.). Heavy porkcrß made £5

to £5 155.; ordinary, M to & 15s. (avcrago price per lb., Is. Id. to Is. l{d.). Choppers made £7 to £10 Store pigs- A small entry. Seven purebred Berkshire boars brought from 7 to 158n5.; best stores to £5; medium, £4 10s.; small, £2 155.; weaners, 355. to 455.; EOWB in pig, £7 15s. to £9 2s. 6d. BURNSIDE SALES. By Telegraph-Press Association Dunedin, February 25. At the Burniido sales there were largo yardings in all derailments with the exception of pigs. Prime quality animals realised good value. Inferior quality wero easier in prices. Pigs were very denr, and owing to tbo short supplies extreme rales were realised.

Fat cattle: 308 yarded, many pons containing animals of excellent quality. Tms wan the largest and finest yarding of catHe at Burnside for a considerable time, flood prices were realised, but'owing to the excessive viirdiiie srices receded ahout £t a head. Prime bullocks made £20 tn £25; medium £17 10s. lo £19 10u.; lighter lands, £15 and umvards; prime heifers, £15 to £17 10;.; medium, £13 to £14 10s.; light and aped, £10 and upwards. Store cattle: Fat cows sold well for freezing purposes, but for every class of store cattle it was difficult .to effect sales. The dry weather bad resulted in.lltc farmers exercising great caution to avoid being overstocked. "Of • the few sales which took place, the prices were on a basis of 10s". a heal below last week's rates. Cakes sold from 2s. 6d. to £3. Shoep: 3129 nenncd, the largest yarding at Burnsiile" for.a long period/Only n small number of the offerings were of prime quality, the larger proportion being n£ secondary nud inferior a_uality. .Competition for all good quality was keen at prices equal to last week's rales. .For inferior grades, nrices went back.2s. It head. Prime wethers made' 435. to 48s. 9d.; medium, 375. 6d. to '425.; iisht and unfinished. 28s. and upwards; extra heavy ewes. 485.; prime ewes, 37.3. to 40s. 6d.; medium, 325. to 365.; light and-aged, from Lambs: 1569, a large yarding of good quality. Competition was food at values about Is. below last, week's rate. The competition would have, been keener but a partial block, caused by oversupply at the freezing works, caused buyers to be a little cautious. Values ranged from ton. to 355. a head. Pigs: A Email yarding. Competition was very keen. Prices for prime offerings were up 15s. a head. Best haconers made Is. OM. to Is. l»d. per lb.; best porkers Is. ljd. to Is. 3d. per lb. COMMERCIAL ITEMS INVESTMENT SHARES. Tho following sales were reported on 'Change yesterday:—Union Bank, at £12 155.; Goldshrough Jlort. at £2 10s.; South British Insurance, at £9 10s.; Union .Steam (prof.), at £1 Is. Quotations were as tinder:— Buyers. Sellers. £ s. d. £ 8. d. Inscribed Stock (1939,1938) 95 0 0 War Bonds (19381 - "5 5 0 War Bonds (1930) - . 5• J Bank Australasia —'■ k>o 0 » Commercial Bank — 215 0 Bank K.Z. (,£3 6s. Bd.) ... 15 2 6 - Union Bank 1212 0 - Abraham and Williams 5 8 6 — Goldsbroitgh Mort - 210 0 Equitable Building 815 0 - National Morten br 6 C 0 — Loan and Merenn. (pref.) 66 0 0 — Well, investment 0 10 4. - Trust and Loan 6 0 0 — Oliristchurch Gas 6 9 0 — Wellington Gas 10 0 0 S.B. Insurance 9 9 0. K.Z. Refrigerating "Ob.) 16 3 1 ? " Meat Export (£5) - 7 5 6 Meat Export (£2 17s. 6d.) - 4 6 6 Meat Export (£3 12s. 6d.) - 5 3 0 Adelaide Steamship 3 4 0 — Iliuldart-Patiier ; 214 6 215 0 U.S.S. Co. (pref.) - t 1 3 Taupiri Coal 017 0 OIS 6 Wcstport Goal 110 9 111 6 W.iipa Coal 016 0 017 0 Kauri Timber 0 18 0 — Ijovlnnil-O'Brien 19 3 — Colonial Sugar - j2l ? 0 Golden Bay Cement 15 0' 166 K. 7.. l)n<- .:■•• '. 11 0 ■ Paper Mills 114 6 — Wii'mrana Farm, (pref.) 0 19 9 - Eclipse Petrol (£1) - . 2 0 0 Eclipse Petrol (10s.) - '18 0

CUSTOMS KEVEXUE.

Customs revenue collected sit the port o! Wellington yesterday amounted to £3929 Os. Id.

KATES OF EXCHANGE.

Australian-New Zealand Cable Association.

London, February 23. Foreign exchango on London is quoted:— Paris, 47.92 I nines to £1; Stockholm, 18.20 kroner! Ohristianiu, .19.69 kroner; Montreal, 3.91 dollars; New York, 3,351 dollars.

LONDON METAL MARKET. Australian-New Zealand Cable Association. (Hoc. February 25, 10.40' p.m.) London, February 24. Ooppcr.-On spot. £121 2s. 6d. per ton; forward delivery, £123 13s. 9d.; best selected, £127 10fi. Tin-On spot, £415.155. per ton; forward delivery, £418 ss. . Other metals are unchanged. .

BUILDING SOCIETY'S YEAR

The Metropolitan Permanent Building and Investment Kocietyjß twenty-ninth annual report states:—Tne directors recommend that the usual distribution of profits at tho rate of 7 per cent, per annum be made, together with a. bonus of 1 per cent., and that a further sum of £10W be added to Ihe lie-serve Fund, which will then stand at £15,000. Tho pronw for the year (including a balance of £930 6s t lid. brought forward from last year) amount to £6944 14s. 7d.; less expense account, £725 12s. 10il.; leaving a net profit of £6219 Is. 9d.; less interim dividend for six months ending August. 1919, £1050; .leaving a balance of £5169 Is. 9d. This it in nroposed to appropriate as follows :- To credit holders "1!" investment shares at 7 per cent., for twelve months ending February 15. 1920. £1616 10s. Bd., and 1 per cent, bonus, £239 17s. 6d., £1856 6s. 2d.; to payment of dividend at 3J per cent, for fix months ending February 15, 1920, to holders of "A" shares. £1050, and 1 ner «p.nt, bonus thereon. £300, £1350; to reserve fund, £ICOO~£4KO6 Bs. 2d. To cary forward to next year. £962 13s. 7d. Messrs. W. M. Ilannay (chairman) and William Mackay, retiring directors, offer thcraselvo3 for re-election.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19200226.2.82.7

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 13, Issue 130, 26 February 1920, Page 8

Word count
Tapeke kupu
1,419

ADDINGTON MARKET Dominion, Volume 13, Issue 130, 26 February 1920, Page 8

ADDINGTON MARKET Dominion, Volume 13, Issue 130, 26 February 1920, Page 8

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