STOCK MARKETS FIRM

Sun (Auckland), Volume 1, Issue 108, 28 July 1927, Page 2

STOCK MARKETS FIRM

WESTFIELD REVIEW SHEEP MARKET ERRATIC All classes of stock were shortyarded at Westfield yesterday. For this the recent heavy rains were largely responsible. The blockage of communications with the North, alone, kept approximately 500 head off the market. Cattle were firm at last week’s advanced rates. Sheep, which were considerably easier at the opening, firmed as the sale progressed, and later values were well up to last week, heavy wethers not exceptionally prime making up to 37s 6d. Calves were easier in price, due largely to the generally low quality of the offering. A short yarding of pigs made easier money. Some exceptionally well-finished steers made to £l6 ss. There was a large proportion of heavy prime big-framed cows, which met with keen competition. Even for border-line beasts, however, there was a firm demand and light-framed Jersey sorts made over £4. The sheep market was erratic, and. starting well below last week’s parity, allowed almost a row to pass before the big buyers came in. forcing prices well up to the previous sale’s equality. Generally, the yarding was not so well finished as seen at late sales. The largest portion of the wether offering could have been heavier and betterfinished. Some choice heavy prime ewes came forward and made to £1 9s 6d. Top price was secured for a pen of wethers offered on account of W. Newcombe, Runciman, which made 37s 6d. Other prime wethers made from 32s 6d to 35s 9d: smaller-framed and light prime wethers made from 2Ss 6d. Heavy prime young ewes made from 26s 6d: lighter prime, 23s to 265: smallframed and just killable from 19s 6d. A small yarding of lambs met with a ready sale at late quotations. The best-finished lines went to butchers at up to 28s; other prime lambs made from 255: lighter prime lambs made from 22s 6d. A small entry of fat pigs met a slack sale, bidding being dull throughout. No heavy choppers came forward. Medium-weights made to £3 17s 6d; heavy prime baconers, £3 10s to £3 15s; medium. £3 7s to £3 9s; light, £3 Is to £3 ss; heavy porkers, £3 to £3 3s: medium porkers, £2 11s to £ 217 s; light, £2 4s to £2 9s; small and unfinished. £1 18s to £ 2 ss; stores made up to £ 1 19s; slips, £1 3s to £1 7s; weaners, 17s to £1 2s; small, 10s to 14s.

COUNTRY SALES PEDIGREE JERSEY VALUES The New Zealand Loan and Mercan- i tile Agency Company Ltd., report hold- 1 ing sales during the past week at Westfield, Kaukapakapa and Whitford, all i classes of cattle, selling at late quota- , tions. The firm also held two clearing ! sales, one at Ngatea another at Whit-! ford, and two sales of registered pedi- ; gree Jersey cattle, one at Pukekohe on : account of various owners, and the other i on account of Mr. \V. McGowan, Papatoetoe. Quotations are:— Best dairy cows and heifers close to profit £ll to £ls 10s; other do., £S to £lO 10s; backward springers, £5 to £9, aged cows and inferior heifers, £2 to £4 15s; bulls, £2 10s to £8 10s, according to weight and quality; empty cows, £2 5s to £3 10s; boner cows, £3 to £4 ss: yearling to 18-months’ heifers, best, £2 10s to £4 10s: others, £1 to £2 ss; vearling to IS-months steers, £2 10s to £3 7s 6d; 2 to 21-year steers, £3 10s to £4 i s 6 d; 3to Si-year steers, £4 10s to £5 ts 6d; 4 to 41-year do., £5 10s to £6 7s 6d: grown steers, £6 10s to £7 10s. Registered pedigree Jersey cows, 17 gns. to 56 gns.; do., 2-year heifers, 15 gns. to 45 gns.; do., yearling heifers, 7 * ns -« ° *0 gns.; do., yearling bulls. 4 gns to gns; do., older bulls, 10 gns. to 30 SOUTHERN EXCHANGES YESTERDAY’S SALES Press Association. Wellington.—English, Scottish and AusUamY®" 1 , cl'fVos!’ 298 = Uni ° n Ba,,k Christchurch.-—Bank of New Zealand. 1 mon Bank (ex div.), £ls 3s Gd; Goldsbrough, Mort, (rights). Ds (three); Union Steam (pref.), 20s 2d; P. and O (def. stock), £288; Alburnia, 4s; Staples Brewery, 38s. MINING NEWS OCCIDENTAL.—The manager reports: The crosscut to intersect the footwall dropper has been extended 14ft, but owing to a change in the underlie a further six feet will have to be driven before picking up the reef. Quartz broken from the hangingwall dropper still shows gold. No quartz has been broken from the intermediate, as the men have, been engaged retimbering the main drive going north, and laying tram tracks to a point over which stoping operations will be started next week.