COMMERCIAL ITEMS

Hokitika Guardian, 14 January 1930, Page 5

COMMERCIAL ITEMS

ARAHURA FAT STOCK SALE.

W. JEFFRIES AND CO.’S REPORT.

Tile first sale of the New Year at the abov:e yards was held yesterday belore a good attendance or buyers. Competition was keen notwithstaudiug pi ices eased a littlq compared with the closing sale ot last year. 'J here was a preponderance of cow beef yarded and tins class showed the largest easing., U‘x beef sold well up to summer rates. The two pens' ot lat wethers sold u‘p to ruling pridcvs. Messrs VW Jeffries and Co. sold for W. Olderog 1 bullock at £l4 15s. 1 heifer at £ll/1 at £ll 2s (id, 1 cow at £8 12s (id; for W. Berry 1 heifer at £lO 7s (id; tor W. Graham 1 cow at £9 10s, 1 at £8 10s, 1 at £9 15s, 1 heifey at £lO 7s 6d, 1 runner at £9 12s 6d, 2 heifers at £7 2s 6d, 1 cow at £9 17s 6d, 1 at £8 7s 6d, 1 at £7 12s Od, 1 heifer at £8 17s 6d; for M. Patrick 1 cow at £l3 7s 6d, 2 at £l3 2s 6d, 2 at £l2 12s 6d; for J no. Ward 1 eon; at £8 7s 6d, 1 at £8 12s 6d, 2 at £l2 2s 6d, 2 cows at £lO 7s 6d, 1 runner at £5 7s 6d, 1 cow at £9 2s Od, 1 stag at £5 ss, 1 cow at £7 12s 6d, 2 heifers at £5, 1 cow at £4; for Perry and Co., 3 bullockjs- at £l4, 2 at £l4 7s 6d; 2 at £l2 2s 6d, 2 at £l4 2s 6d, 2 at £ls 2s 6d, 2 at £l4 17s 6d, 2 at £l3 12s 6d, 2 cows at £lO 7s 6d, 2 at £8 17s 6d, 2 heifers at £9 12s 6d, 2 at £9 7s 6d, 2 at £8 17s 6d; for P. H. Martin 1 cow at £7 17s 6d, 1 heifer at £7 17s 6d, 1 at £6 17s 6d, 4 store heifers at £4 17s 6d, 3 calves at £l, 1 steer at £4 17s 6d; for a client 50 fat wethers at 30s.

M. HOUSTON AND CO.’S REPORT,

At yesterday’s sale at the above yards, our entry consisted of 43 head of fat cattle which were submitted to a good attendance of buyers. There was good competition for ox and heifer beef, which sold at prices on a par with those of the (previous sale, whilst cow beef, of ri'hich there was a heavy yarding at the sale, sold somewhat easier. Good ox and heifer beef realised to 50s per hundred, cow beef according to quality, from 37s 6d to 45s per hundred. We sold as follows:—On account of Jamieson Bros, (privately) 27 fat sheep at 30s; on account of W. A. Jamieson 2 bullocks at £l3 10s, 1 at £ll, 2 at £l6 7s 6d, 2 at £ls 12s 6d, 2 at £ls, 2 at £ls, 2 at £ls 2s 6d, 1 cow at £lO 15s, 2 bullocks at £ls 12s 6d, 1 at £ls ss, 2’ cows' at £lO ss, 2 at £9 10s, 2 bullocks at £l4, 1 heifer and 1 cow at £9 17s 6d, 2 heifers at £ll, 1 heifer and 1 cow at £lO, 2 cows at £lO 15s, 2 bullocks at £l4 15s, 2 at £l2 12s 6d, 4 cows at £8 10s; on account of R. Moynihan 1 cow at £ll 15s; on account of Mrs Toker 1 cow at £9 7s 6d.,

DAIRY , PRODUCE. MONTHLY REVIEW,

At the request of several of our readers We have decided in future to give the. mean London quotations in our monthly reports in place of the top prices as hitherto. \ BUTTER.

The downward movement reported last moiith has continued throughout December, New Zealand salted falling from 165 s on the 6th 'December to 158 s on 'the 4th January. Messrs \Y. Weddel and Co. Ltd., cabling us this week, state that there is no apparent reason for this further fall, other than the general “lack of confidence” expressed in our last monthly review, or as another cable states, owing to general trade depression a,rising from the world’s financial crash. They further advise that the retail price has remained at Is 8d !per lb which is high, considering the present wholesale price of 158 s for Fern Leaf and 153 s for Kangaroo brand, hut that uo improvement is expected 'until -jtlie large operators can be induced to buy more heavily for tlxeir forward requirements. Production in New Zealand continues good and will do mucli to keep up the total export value of our dairy produce. Grading figures are, however, not yet available owing to delays during the holidays. In the meantime a few sales to Canada have been effected for January shipment, on the basis of Is 4d nett f.o.b. CHEESE. The market for both white and coloured has further declined and is noiv quoted at 87s 6d and 85s 63 with a quiet market. Messrs W. Weddel and Co. Ltd., report that although stocks are comparatively' small, and there is a fair demand, the market is prevented from rising by the action of re-sellers freely offering January deliveries at 86s and also by the heavy afloats of New Zealand cheese which arc clue for arrival this month.