COMMERCIAL

Gisborne Herald, Volume LXIX, Issue 20660, 10 January 1942, Page 8

COMMERCIAL

LAMB VALUES HIGHER MATAWHERO STOCK SALE An improved demand for store sheep occurred yesterday at the Matawhero stock sale, the first of the new year, when there was a good attendance considering the petrol restrictions. The store sheet) yarding totalled about 3500, but there were only about 40 fat sheep, 30 fat cattle, and a small yarding of pigs. Lambs were the main offering in the store sheep section, and values for these improved by Is Gd to 2s a head, while for most of the mature sheep there was also an improved demand. Top quality lambs wore particularly in demand, station lines of shorn wether lambs of good size and in forward condition making from 13s to 15s Id, while woolly lambs of the same description ranged from 13s 2d, to 15s Gd. Medium shorn wether lambs sold from Sis to 10s Gd, with smaller sorts and culls from 5s to 7s. Ewe lambs were not represented by large numbers, and these comprised only a few small pens of tail-end shorn lambs which sold from 7s to 9s Gd. A few pens of small two-tooth breeding ewes of poor quality brought only lGs to 17s. Auction Ads. appear on Page 2. Old store ewes for fattening were not much in demand, and met with only light competition at prices ranging from 3s to 4s. A fair demand existed for wet hers, of which only a few small pens came forward, prices secured being up to 15s Sd. Prices of some of the representative station lines of lambs are given below:—Sixty forward woolly wether lambs, displaying a little seed, tops from Parakanapa station, 15s Gd; 222, second cut from same vendor, 13s 2d; shorn wether lambs, tops from Mr. F. L. O. Sherrill', 14s Id; particularly well grown and good-conditioned shorn iambs from Mr. P. D. Tombleson, Waimatav 15s 2d; IG7 shorn wether lambs from R. J. Halliday estate, Waikohu, 13s 4d; medium shorn lambs, same vendor. 10s 7d ; wether lambs from Mr. C. S. Corlett, Kanakanaia, Us 4d. Fat Stock Sections The best of the ewes in the small fat sheep yarding ranged from 9s to 10s, and a pet) of fat lambs of fair quality sold at 18s 2d. A fair yarding of beef, mainly station sorts, met very fair competition, with station cows up to £7 11s for a Shorthorn-Hereford cross. Jersey sorts were not well competed for, cows selling from £2 to £3 15s. Bidding was also slack, and many lines were passed in. Pig Values Lower A very small yarding of pigs met with a poor demand, and values were considerably lower. Weaners suffered particularly, and fairly good sorts sold from 9s to 12s. Very good slips ranged from 20s to 23s Gd, and porkers from 37s to £2 Is. MARKETS WEAKER NEW YORK ’CHANGE (Elec. Tel. Copyright—United Press Assn.) NEW YORK. Jan. 9. Stocks on 'Change receded fractionally to'day, partly because of uneasiness produced by the Government’s financial programme, hut Australian Government issues, both Commonwealth and State, showed a sweeping upward movement over a wide range. AUSTRALIAN MARKETS SYDNEY. Jan. 18. Stock Exchange operators continue to seek gilt-edged investments and leading industrials at lately improved rates, but sellers generally are not interested. Sales to-day included:—Morts Dock, 17s; Colonial Sugar, £*l3; Kandos Cement, 295; Selfridges (A’asia), 18s Id; Standard Cement, 19s 3d; Wilcox Mofilin. 8s 7d; William Adams, 13s Gd; Wolworths (Syd.), N.Z. delivery, 14s ‘ld; Zinc Corporation, 535; Rawang Tin, 3s lid. ..Melbourne sales included: Commercial Bank Australia, 12s 3d; Broken Hill Pty., 31s Gd; Cox Bros., 5s Gd; Felt and Textiles, 20s Gd; Emperor Mines, 6s Gd ; Loloma, 15s 4d; Mt. Lyell, 23s lOd ; Norfth Broken Hill, 34s 9d.