LORNEVILLE STOCK SALE

Southland Times, Issue 24826, 19 August 1942, Page 2

LORNEVILLE STOCK SALE

LARGE YARDING OF FAT SHEEP

Values for fat sheep at the Lorneville stock sale yesterday were practically the same as those ruling last week, but the quality of the ewes was not up to the usual 'standard. Store cattle were in good demand, but there was little change in the market for dairy cows. FAT SHEEP.— There was an unusually large yarding in this section, nearly half of which consisted of wethers. The majority were of quite good quality. The quality of the ewes was not up to recent standards. Values for all classes remained firm. Extra good wethers realized from 42/- to 42/3; good quality, 39/6 to 41/-; medium quality, 37/6 to 38/6; unfinished, 34/6 to 36/6; lightweights, 28/6 to 32/-. Extra good quality ewes sold at up to 28/3; prime quality, 25/6 to 277-; medium, 22/- to 23/6; unfinished, 17/6 to 19/6. FAT CATTLE— There was a medium entry and with the exception of a small number most of the yarding consisted of lightweight and unfinished sorts of all classes. The sale was quite a firm one, values showing an average all-round improvement of about £1 a head. Extra prime bullocks made up to £2l; prime quality, £l6/5/- to £l7/10/-; good quality medium weights, £l4/15/- to £l5/10/-: handy weights, £l3/10/- to £l4/5/-; lightweights, £ll/10/- to £l2/10/-. Extra good heifers sold at up to £l4/10/-; prime quality, £l2/10/- to £l3/5/-; lightweights, £lO/5/- to £ll/5/-. Good quality cows brought £ll to £l2/5/-; medium quality, £9/10/- to £lO/5/-; average, £B/5/- to £9; inferior, £6 to £6/15/-.

STORE CATTLE.— The yarding was larger than the previous week’s and the demand was firm at late rates. Three-year-old bullocks sold at from £9/15/- to ’ £lO/14/-. Coming two-year-olds sold from £5/15/- to £7; yearling steers, £4 to £5, and good coloured mixed-sex calves made up to £4/3/-. Other calves sold at from £2/10/to £3/15/-. Forward-conditioned empty cows made up to £6; good clean cows £4/10/- to £5/5/-; aged and indifferent sorts down to £2. There was a good entry in the dairy section and best guaranteed sorts sold quite well. An advertised herd made from £8 to £l3/5/-. Other guaranteed sorts sold from £6 to £B. Average cows made from £4/10/- to £6 and wellbred heifers from £6 to £ll. STORE SHEEP.— The yarding was much smaller than last week’s, the bulk of the entry consisting of small pens of oddments. No good lines were forward. Values were hardly as high as those ruling at late sales. A small pen of two-tooth ewes made 35/and good full-mouth ewes made up to 29/-, other full-mouthed ewes selling from 25/to 27/-. Failing-mouth ewes sold from 18/to 22/-. Best ewe lambs made up to 36/-. other ewe lambs selling at from 30/- to 34/-. A pen of well-grown Romney wether lambs realized 25/-, others selling at 20/to 22/-. Small two-tooth wethers in good condition made 27/6. McNAB STOCK SALE The market remained firm at the fortnightly McNab stock sale yesterday, when prices for sheep and cattle were about on a par with those ruling at recent sales. Fat wethers were again In demand and competition was keen, top price in this section being 43/9. Other sorts sold at 42/9. Fat ewes realized up to 29/6, other sorts making 23/-. Hoggets offered for the soldiers’ parcels fund made 29/-. In the cattle section fat bullocks brought from £lO/12/6 to £l2/7/6. and fat heifers realized from £9/15/- to £ll/12/6. A fat cow was sold at £ll/2/6, dairy cows brought £8 and a vealer sold at £6.

CALF COLLECTIONS IN SOUTHLAND

The collection of bobby calves in Southland will begin on September 1. Because of shortages of petrol and tyres collecting lorries will be unable to operate on side roads and definite routes have been arranged for the carriers. It will be necessary, therefore, for farmers living on side roads to take their calves to the nearest main road served by a collecting lorry, and special efforts will be necessary to avoid confusion if more than one farmer's calves are placed in one pen. The Calf Committee of the South Island Dairy Association has arranged to make an advance payment of 7/6 a head for all accepted calves. This sum is similar to the advance payment last year. STANDARD INSURANCE (Special) DUNEDIN. August 18. The annual report of the directors of the Standard Insurance Company states that the net revenue for the year was £229,625 and the expenditure £189,515. The sum of £13,000 had been allocated to the reserve fund and £2OOO appropriated for depreciation of securities. The directors recommend the payment of a final dividend of 'l/3 a share, absorbing £12,500, and the transference of £24,801 to next year's account.

WOOLWORTHS’ DIVIDENDS (P.A.) WELLINGTON. August 18. The Stock Exchange Association has been advised that Woolworths (Western Australia) Ltd. have declared a dividend for the half-year ended July 31 of 8 per cent, on the preference share capital of the company based on shareholdings at August 26; also of 5 per cent, on the paid-up ordinary share capital. Woolworths Ltd. have declared a dividend for the half-year ended June 30 of 10 per cent, on preference share capital and of 7 per cent, on ordinary share capital, based on share holdings at August 26. WEST COAST DREDGES (P.A.) GREYMOUTH, August 18. The Barrytown return for the first half of August was 1460 z; Kanieri, 4120 z; Arahura, 10520 z. The Grey River dredging return for the period August 5 to 15 was 360>/zoz.

MOTORIST REMANDED Leonard Joseph Langsted Morgan, company manager, appeared in the Magistrate's Court at Dunedin on remand on a charge of failing to stop and give assistance after an accident. On the application of the police he was remanded to appear at Invercargill on August 26. Ball was renewed.