COMMERCIAL.

Southland Times, Issue 18850, 16 June 1920, Page 2

COMMERCIAL.

WALLACETOWN SALE. A SMALL YARDING. There wag a small yarding in all classes at the fortnightly sale at Wallacetown yesterday. FAT CATTLE. —The quality penned was not up to previous sales with the exception of four pens of prime bullocks. There was a keen demand lor all classes, light and unfinished meeting with good competition. Prices showed an advance, butchers having to make sure of their requirements. The top price was obtained by the National Mortgage & Agency Co., Ltd., with a wellfinished bullock offered on behalf of Mr J. and sold to the City Meat Company at £24 15/-. Other prices for bullocks were as follow; Prime, £2O to £22; good medium-weights, £l4 17/6 to £l7 17/6; light and unfinished from £ll 15/- to £l4. There was only a Email entry of cow beef, prices ranging from £8 12/6 to £ll. STORE CATTLE. —The sale was ragged, but the larger part of the yarding was sold at auction. Prices obtained were on a par with those ruling at recent sales. FAT SHEEP.—The yarding comprised mostly ewes and was hardly sufficient to fulfil butchers’ requirements. The top price for ewes was 37/7, obtained by the National Mortgage & Agency Co., Ltd., for Messrs Washburn Bros., the purchaser being Mr W. Turpin. The stock offered container! a few pens of good well-wooLled sheep, and a good demand met all pens. Heavy wethers brought up to 43/-, while ewes ranged from 30/S to 37/7, according to weight. A few pens of mixed-sex fata were offered, bringing from 33/6 to 34/-. One pen of fat lambs was offered and sold at 29/6.

STORE SHEEP. —The yarding was a small one and prices were on a par with those ruling at recent country sales. A line of nice ewes, mixed ages, brought 24/10. Wright, Stephenson & Co., Ltd. Messrs Wright, Stephenson <t Co., Ltd., report sales as follow; Store Cattle. —Account W. Harris, 2 heifers £5 7/6 to F. H. Bennets, 6 at £8 12/6 to J. King, 4 cows with calves same buyer £6; account 11. J. Paddon, 2 steers £6 16/- to R. Russell; account J. B. F'orde, 5 steers and heifers £4 10/- to R. Russell, 1 dairy cow £6 10/- to S. A. Blaikie, 2 heifers at £ll 5/- to S. A. Blaikie; account J. Thomson, 2 steers £0 to R. Russell; account W. Collins, 1 heifer £6 10/- to F. H. Bennets. Fat Cattle. —Account J. King, 1 bullock £2l 15/- to P. Winders, 1 at £ls 2/6 to W. Young, 2 at £22 to T. C. Maltby, 2 at £24 15/- to City C.M. Co.; account J. Thompson, fat cow £9 to P. Winders; account P. A. Price, 3 bullocks £l2 to P. Winders; account. IT. J. Cox, 2 bullocks £l2 5/- to T. C. Maltby. 2 at £l4 to W. T. Hazlett, 2 at £l2 10/- to W. Young.

Fat Sheep.—Account W. Wilson, 18 fat wethers 43/- to P. Winders; account J. Hill. 36 fat ewes 30/S to W. Lee, 18 do. 50/8 to P. Winders; account F. A. Price, 30 ewes and wethers 34/3 to W. Turpin, 31 do. 34/3 to J. C, Mackenzie. National Mortgage & Agency Co., Ltd. The National Mortgage & Agency Co., Ltd., report sales as follow : Fat Cattle. —2 fat bullocks at £ls 17/6, 2 do. £l4 17/0. 2 do. £l6 5/-. 2 do. £l4 10/-, I do. £l7 17/ C, 1 fat heifer £lO 12/6, 1 fat cow £9 10/-, 1 do. £8 12/6. Store Cattle. —10 steers and heifers £3 0/-, 5 yearlings 30/-, 1 steer £5 13/-, 6 yearlings £2 11/-, 2 empty cows at £5 10/-, I dairy cow £ll 12/0, 1 do. £lO, 1 bull £7 10/-. Fat Sheep.—lß fat lambs 29/6, 30 fat ewes 37/7. 20 fat ewes 32/-. 32 fat ewes' 37/7. Store sheep—l2o ewes (mixed ages) 24/10. Dalgety & Co., Ltd. Dalpety Co., Ltd., report having yarded and sold (he following;— Fat Cattle Account Hogg & Houston, South Tlillend, 2 bullocks at £l3 10/-, 2 do. at £l2; account do.. 2 bullocks at £ll 17/6; account R. Russell, Lome, 2 bullocks at £l4 10/-. Store Cattle.— Account J. B. Forde, Heddon Bush, 19 yearlings at £2 8/-, 5 steers at £7 1/-; account do., 6 heifers £6 4/-; account do., (i cows £5 2/6; account do., 5 cows £5 10/-; account Hogg & Houston, South Hillrnd, 11 bullocks £lO 12/6. Fat Sheep. —Account A. Dawson, Lome, II ewes and wethers at 33/6; account W. .1. Boyd. Otctara. 22 wethers at 35/6; account do., 21 ewes at 27/-. CANTERBURY MARKETS. (Per United Press Association.) CHRISTCHURCH, June 15. There are no new developments in connection with the grain and produce market. Though the stagnancy has developed a few sellers in oats, (lie tone of the. market- is very firm, and local merchants anticipate this condition of affairs continuing. The Australian drought is not having any effect on quotations, the market remaining comparatively strong in anticipation of New Zealand requirements. Lack of shipping is reducing business to a minimum. Chaff is in the same position as oats. North Island inquiries cannot, be met on account of the inadequacy of trans-port. There is no life in the potato market, and an outlet is badly required for the big Canterbury surplus. METALS. The following table shows the movement in metal prices in the last fortnight. Quotations are for spot delivery - : May 25. June 3. June 7. Electrolytic . . 107 106 106 Copper .. .. 881 92; 90; Lead 40', 37 351 Spelter .. .. 44 41 ; 43 Tin 209 1 264 2531 Silver (oz.t .. 59 i 56} 54} HOMEBUSH STOCK MARKET. MARKED REVIVAL OF J’RICES. (By Telegraph.—Press Assn.—Copyright.) SYDNEY, June 15. (Received June 15, 8.15 p.rn.) For many months the Hoinebush market has been over-crowded with stock from the drought-stricken areas. Amongst other offerings were many thousands of breeding ewes and young wethers, which were sold at. sacrificial prices. With the coming of rain, however, the position has completely altered. There is a great demand for restocking purposes, and this has caused prices to rocket and largely depleted the market for mutton supply. In a lesser degree the cattle market has been similarly affected.