LATE COMMERCIAL

Sun (Auckland), Volume II, Issue 409, 18 July 1928, Page 13

LATE COMMERCIAL

WESTFIELD STOCK SALE BEEF VALUES MAINTAINED EXPORTERS OPERATE FREELY Exporters operated with considerable strength in the ox beef sections at Westfield to-day. Late raies were fully maintained. An average yarding of ox beef included several choice prime lines from well known South Auckland graziers. No extra heavy-weight big framed cattle were yarded, but many lines showed that considerable attention had been paid to finish. B. Heed, Waerenga, was responsible for the top priced line of the day, solid extra well finished h£a vy-weight Shorthorn and Hereford cross steers on account of this vendor making to £l6 7s 6d. A line of not very heavy boned, but exceptionally choice finished steers on account Taylor Bros., Taupiri. made £ls 12s 6d. Wm. Vosper had a draft of medium weight choice butchers’ cattle forward which made £ls 12s 6d. A line of well finished light to "medium weight steers from the North on account of M. Whitelaw, Whangarei, made to £ls. Several lines of light-weight exceptionally well done young steers sold-under keen competition at from £ll 10s to £l2 HR A very mixed yarding of cow and heifer beef met a market firm at late rates. Several exceptionally choice prime lines of young cattle came forward but the yarding, on the other hand, included a large percentage of cull cows which should never have seen the fat per.s. Some were even pool’ bones. Jp.s. Tay?o\ Cambridge, yarded the bent line of t* » day in 17 exceptionally well finished, but. not big boned cattle which sold to £l2 17s 6d. A Mne of .big framed cows from Bav 'W Plentv mod 4>om £l2 7s fid. A very ’•’ardi of calves came fo-ward. The bulk of the varding comprised rough and lines. A big pen-v r*. of small and fresh dropped cutves re T~ w ’ded. Good quality veal••rs met with keen competition, runners rasi | y to ££ iS S and heavy vealers. to 9s. Slightly under an average yarding of sh'-n epme forward. market onened with values firm Pt last week’s improved rates. In the first row exeeptinnpllv hig frnmed. hut prime made 46s fid. dhoicp nrime medium weic-ht wethers carrying a heavy weight of wool made 415. SOUTHERN EXCHANGES TO-DAY’S SALES Press Association. Wellington.—Reported: English. Scottish and Australian Bank, £S 11s 6d: Rank of New Zealand. 50s 9d: Finance, Limited, 5s fid (cum div.). Call: Huddart Parker (ord.h 4Ss 6d: Waihi Gold, 12s 7Xd. Christchurch.—On ’Change: Commercial Bank of Sydnev, £27 15s: National Bank of Australasia (£5 paid), £9 4s (two parcels); New Zealand Brewerj®s - £2 5s 6d (four parcels): Staples Brewery. £1 17s: Electro Zinc (prof cum fi' v ). 13s 4d (five parcels); Mnhakipawa, •-S 2d (five parcels): Mount Lyell. 35. s Reported: South British Insurance (two parcels). . Dunedin.—Reported: Eng., Scot. and Aus. Bank, £S 12s. AUSTRALIAN LOAN SUBSCRIPTIONS FALL SHORT (United p.a.—By Telegraph — Copyright) (Australian and N.Z. Press Association.) Rec <L Noon. LONDON, Tuesday. There was a poor subscription to the Commonwealth £7,000.000 loan, of . ich the underwriters have been left This is attributed to the general fulness of the Stock Exchange, and -ears that the New’ York money rates -f Q higher. Also, large blocks the last New York Australian loan dr ° being offered here at £S7.

Parcels of Australian Commona £ lth Stock have been sold lately, said message of June 20, and the proceeds uent l °r* I '* ew York to purchase the 4} per Commonwealth stock recently isL!:, there at 92, which owing to the on Wall Street, is obtainable at neariy a 4 per cent dlsC( . un^ Exchange men in London are JjgJWerabiy perturbed. They think it , a * this will seriously prejudice tL , issues here. - loan was in 1945-75 stock hearing e " Cen t. interest- and was issued at

AUCTION NOTES } >v^'t . Ansell and Company, instructed _ IK- o v ®**dors, will sell at their rooms, am -rw!! tto,M^s Street, to-morrow, at 11 net w-1.2 lots of carpenters’ tools, cabiWiu!2^i ware fittings. Mr. J. H. Ansell ** «Widuct the sale.