COMMERCIAL ITEMS

Hokitika Guardian, 23 April 1925, Page 4

COMMERCIAL ITEMS

ADDINGTON STOCK MARKET. RECORD VAR DINGS. (By Telegraph.—Special to Guardian.) Alessr.s IT. Matson and Co., report as follows regal ding their stock sale at Addington yards yesterday: ciinrsTnußCH. April 22. A very large yarding, in fact in many departments to-day the entries must'have boon a record for Ibis time of the year and the sale was very late finishing. Store -J»:'ep :—The entry was comprised mostly of owes, which for the most part represented the tail ends ot lots. Several lots of West Coast sheep were yarded. The market, considering the large and mixed entry, must be considered a good one. although sales were harder to make and the sale generally was more dragging than usual. Good young ewes and forward lambs were firm, but all classes of inferior sheep, although very irregular, were, easier. Best lambs made 25s to 28s. medium 22s to 24s 6d, smaller 17s 6il to 21s Od. culls down to 14s, threequarter bred ewe lambs 25s 6d to 30s 6d, best 4. 6 and 8-tooth Romney ewes to 40s, others 28s 6d to 32s fid, F.M. ditto 20s to 27s 6d, aged and inferior 14s to IDs Od, forward wethers to 345. medium 25s 6d to 295. Store cattle:—A very small yarding and as usual there were no quotable lines, being mostly potters and nondescript lots which sold at recent rates. . _

Fat pigs:—There were 320 yarded. Tlie market for porkers opened easier than late rates and towards the end it. was difficult to effect sales. Values were: Light porkers 48s to 545,. heavy

12 18s io C 3 ss. average price per lb 7;d lo 5.1i1.. There was a very large yarding of bacoiiers, forward, a total of 500. As was only to In- expected prill's receded ill I lie vicinity ol 10 s a head, but considering the large yarding the price was considered a good one. Light bncoiiers made £3 10s to £4, heavy £1 5s to f t 15s, extra tu £5 12s. average (id to "id.

Store pigs:- A good entry, but the market was easier, especially for verniers. Small wound's made 9s to 18s, large I Is to 2J.s (id. small stores 21s to 2tis. medium 28s to 355. large 42s to

Reef: A tremendous yarding about 7CO head, which we think const it avis a. record quantity. Ihe yarding o.is general! v good am! con xideriug lav large entry, (he sale, although racer than last week, must be console' 4 a good one as it seems marvellous win io it all gees to. Prime steers l cue £l3 10s to £ls 15s, extra to CIS 17s. medium £ll 15s to £l3. others down to £5 -10 s, prime heifers £7 15s to £S 17s. extra to £l2 15s. others down to £3 15s, prime caws £7 to .69 ss, extra to £l2 10s, medium £4 Ids t*> £G 10s. others down to £2 15s.

Ain't ton :—Except ion,'illy heavy vardjngs, but notwithstanding the large entry the market was linn throughout, especially for ewes which showed an advance of Is to Is Od on last week. AYetilers showed, little, if any. difference, but were firm. Exporters were operating keenly. Prime wethers made 38s 6d to 42s Od, extra to 575. medium 35s to 38s fid, extra -I Is 3d. medium 20s fid to 32s fid. lighter 23s to 265. inferior down to 19s od.

Lambs:—A fair 'sized yarding about 3(>00 being entered. As can be I imagined, owing to the approaching end of the season, the quality was very irregular, but competition all round, was exceptionally keen, especially for any veil finished quality, and last

week’s overall prices were more than mam I a iina I.

IT:ACL PACT. WASHINGTON, April 21. Addressing the English-speaking Union at Princeton on the subjects of Britain’s rejection of the Geneva Protocol, (Vmipuison Arbitration, in International Disputes, and the Hopes of Fill lire Peace in Europe, by means of tic S'o. urity Pact proponed by Germany. Sir 15sme 11 award, the British Ambassador, said that it was not vet impossible- to say how the security pact discussions would end. “but we can at least all hope that they may lead to a settlement by agreement, and to the establishment of a peace that will not be dependent upon huge, ruinous armaments, but he based on gcc.dwill and common sense. Tf that comes about, the next disarmament conferences will not bo long in arriving. If, on the other hand, hope fades away, and dies, why, then, I do not see any other alternative but the maintenance of our national security (and what irony to call it security) by force of arms and military alliances, which will mean crushing taxation, financial ruin and an inevitable Armageddon in the end.” Referring, to the failure of the Protocol. .Sir Esnte- Howard said: “It broke down largely over the matter of the sanctions. It is obvious that the application of economic sanctions, unless supported by all the Great Powers. could not succeed in its object, but might bring into serious conflict other States. It is possible that the other powers whose delegates signed the Protocol did not see this possibility so clearly as the different parts of the British Commonwealth of Nations, but for tlie latter it was clear to the naked eve.”