STOCK VALUES

Sun (Auckland), Volume 1, Issue 8, 31 March 1927, Page 2

STOCK VALUES

PRICES AT WESTFIELD I SHORT YARDING OF SHEEP A shorter yarding of sheep and a consequent hardening of mutton values jvvas the feature of the Westfield stock sale held yesterday. There was the usual attendance of buyers and competition was keen for most sections of the day’s offering. The quality of yarding was. if anything, better than last week. The stock were, on the average, better finished, especially in the sheep pens, and the cattle were more of the true beef type, dairy strains being well in the minority. CATTLE Approximately 800 cattle were yarded and sold at values on a par with late sales. Well finished heifers were in better demand and being sought after at values registering an advance of from 5s to 10s a head on last week. Average beef values were: Heavy prime steers, £lO 15s to £ll 12s 6d: lighter prime steers, £9 15s to £lO 12s 6d; light prime steers, £8 10s to £9 12s 6d; unfinished and small. £6 to £8 7s 6d; heavy prime young cows and heifers, £6 5s to £7 2s 6d: lighter, £5 to £6 2s 6d: light cows, £4 to £4 17s 6d; just killable tail lines, £3 to £3 17s 6d; Very few pens were passed in under the hammer and black Polls were in best demand. CALVES An entry of over 400 calves, representing an increase on the average yarding, resulted in a rather dull market, values registering a decline on last week. Bidding, especially toward the close of the sale, was very dead. Runners made from £2 10s to £3 15s; heavy vealers, £3 to £3 15s: medium, £2 -10 s to £2 18s: light. £1 18s to £2 8s; smaller, £1 5s to £1 16s; small and freshed dropped. 3s to £1 3s; rough calves, 10s to £ 1 2s. There was a decline of approximately 12s to 20s a head in runners, and 5s to 6s in vealers. SHEEP Keen competition was registered for a yarding of approximately 1,200 sheep and prices hardened to the extent of 2s to 3s a head, mutton values being well ahead of export rates. There was an acute shortage of ewes. The majority of the pens were well finished and some particularly fine butchers’ pens of wethers were yarded. Top price was secured for a consignment of wethers sold on behalf of Mr. M. Harding, of Panmure, the price being 275. Representative values were: Heavy prime wethers, £1 5s 6d to £1 7s; medium prime wethers, £1 4s to £1 ,5s 3d; light prime wethers, £1 2s to £1 3s 9d; small unfinished wethers, 16s 9d to £1 0s 6d; heavy prime ewes, 17s 9d to 20s 3d: medium prime ewes, 15s 9d to 17s 6d; light prime ewes, 14s to 15s 6d: inferior sorts, 10s to 13s 9d. One pen of old ewes in good condition sold at 13s 9d. LAMBS There was more than the average yarding of lambs but values held at late rates. The bulk of the offering could have been better finished. Prices averaged: Heavy prime, well finished lambs, £1 4s to £1 ss: medium prime, £1 2s to £1 3s 9d; light prime, £ 1 to £1 Is 9d; unfinished, 13s to 16s 6d. inferior lots, 9s 6d to 12s 6d. PIGS Except in the case of porkers which were in better demand and advanced 3s to 4s a head in value, prices for a large yarding of pigs were on a par with late quotations. Choppers sold at £3 to £3 17s 6d: heavy and medium baconers, £3 5s to £3 13s;. light baconers and heavy porkers, £2 16s to £3 3s; medium and light porkers. £2 10s to £2 14s; small and unfinished porkers, £1 17s to £2 Bs. Large stores made from £1 10s to £1 18s; slips, £1 5s to 2 1 ,8s: weaners. 8s to 15s. COUNTRY SALEI N.Z. LOAN CO. REPORT A summary oF distric t values ruling the past week is given by the New Zealand Loan and Mercantile Agency Company, Ltd., in the following report: We held sales during the past week at \\ estfield. Paeroa, Kaukapakapa, VVhit.ford, and a clearing sale on account Mr Chas. Houghton, Papakura. At all places most satisfactory values were realised practically everything penned changing hands, Mr. Houghton's sale, especially being a good one. We quote:—Best.dairy cows and heifers close to profit, £lO to £l6; other, £6 to „9 15s; backward springers, £4 to £7 10s; aged cows and inferior heifers, to £3 17s 6d; heifers suitable dairv purposes, £3 to £5 ss; bulls, £2 to £6 10s, according to weight; weaner calves and steers, £1 to £2; yearling to 18 months heifers, £1 12s 6d to £2 15ssteers, £2 10s to £3 17s 6d; two to two and a-half-year steers, £4 to £4 17s 6dthree to three and a-half year, £5 to £5 17s 6d; four to four and a-half year, £6 to £6 12s 6d; grown steers in forward condition, £6 15s to £7 ss. BIG DECLINE ARGENTINE’S EXPORTS LOWER VALUES RESPONSIBLE While the total volume of exports from Argentina during the year 1926 was actually greater than in the previous year, there was a marked decrease in value due to the lower levels of prices for export products generally, coupled with reduced shipments of wheat and meat and other less important products. The values of the four main groups of exports during the past two years compare as follow: 1926. 1925. Gold. Gold, r - * Dollars. Dollars Livestock products 347,648,691 386,385 o*3 Agricultural .... 110,862,575 144 655437 Forestal 19,217,520 21.«25?39 ° ther 14,449,736 15.249,783 792,178,522 867.929.882 AN ANALYSIS OF FIGURES - analysis of the figures reveals »i,** fact that shipments of wheat in 19?% shrank to 2,031,583 tons, against 2 9<t- iA verV" 117 84120? e ?«• were iii,041,203 dollars tcnlrii , ir . f i 192,065,477 dollars (gold) tlfe Lvemge pi ice of wheat m 1926 having been -mV. dollars (gold) per ton, against 64.16 dollars previously. The volume of linseed S5K™? 18 . last year was about so per cent greater than that in 1925 hut the average quotation was only 66 79 dol lars (gold) per ton, as against 90.72 dol- *« r *L- so t * l . a * to tal value of export's of this grain was no more than 24 494 056 dollars in excess of the 1925 figure * r 111,646,244 dollars (gold). Maize exports also increased, from 2,935,956 tons in 1925 to no less than 4.964.150 tons last vear but the value showed only slight expansion—namely, from 11 6.152.212 dollars to 126,601,637 dollars (gold), the average

price last year having beel * tgoldj per ton, as compared vain* dollars per ton previously. r inof shipments of barley, ho . creased from 2.910.01 S dollar. ~,."i>r.u‘l"’ dollars (gold), but exports ot « extract and logs were on a sm and last year, both as regards pro* value. Exports of meat and - ducts last year totalled WO,"" resperagainst 879,907 tons In !»■ “ dollars tive values being 138.808,11- , goM >. (gold), and 163,742,983 dol dby over Shipments of ox hides increased to t»i 1,000 tons, to 169,337 to n s -r ono 'dollar* value was more than 8,000,000 re . lower at 61.255,493 dollars (f°‘ d ' nts were gard to raw wool also, shipments substantially higher in volume, va joe tons, against 103,619 tons, but the rose by only 439.373 dollars average price In 1926 having been o dollars (gold) per ton), and in » i