Markets and Money

Sun (Auckland), Volume I, Issue 209, 23 November 1927, Page 13

Markets and Money

WESTFIELD STOCK VALUES BEEF MARKET FIRM BULLOCKS MAKE TO £l4 10/The firm values ruling for beef over the last fortnight were maintained at Westfield to-day. Compared with last week there was a ilithtly bigger yarding of cattle, especially in the female section, but the quality wan not so even. The steer offering generally was well finished and comprised a large percentage of choice prime medium weight animals. Most parts of the district contributed to the yarding, one line coming from down the Bay of Plenty. Well-known Waikato graziers also had ioma choice quality lines forward. Bidding on the ox beef was well maintained throughout, with values practically on a par with last week. Top price of the day was secured for three heavy prime steers on account of E. Allen, Cambridge, which made £l4 l"s. Paterson Bros., Motltl, Bay of Plenty, were responsible for a line of 42 weil-finlehed cattle, which sold from Ell 17s fid to £l3 15s. A line of 12 choice prime cattlo on account W. Vofper, Cambridge, averaged £l3 17s Id: 15 well-finished, prime medium-framed cattle on account B. Reed, Waerenga, averaged £l2 17s 6d; 15- prime steers on account H. Reed, Waerenga, averaged Ei2 12s 3d; a line of choice prime steers, not extra heavy, on account' Mrs. Perlun Larson, Aka Aka, averaged £l3 10s Id. Heavy prime cattle made from £l3 to £l4 10s; prime medium-weight cattle, £ll 12s 6d to £l2 15s; smaller-framed tnd light. £0 to £ll 2s 6d. The offering of cow and heifer beef, more uneven than in the ox boef lection and, though there was a large preponderance of well-finished young beef cattle, there was also a fair percentage of inferior quality sorts, many of which could have done with several weeks more on decent feed. Values were maintained practically on » par with those ruling at last week’s ■ale, though at times they were erratic, and some lines of light-framed, wellfinished cattle brought more than their actual weight warranted bn the general ton# of the market. „ ' Choice heavy prime young heifers made to £9 10s; choice prime smaller-framed :oung cattle and prime medium-weight >oung cows and heifers made from £T6 Him to £8 ss; light-framed prime and medium prime old cows made £5 17s fid to £6 10s. Nothing any good at all made tinder £5. ... An average yarding of calves met With * steady demand and values were maintained at late rates. The quality generally showed an improvement on last w Hk’a offering. Some exceptionally choice prime runners made to £6 17s; heavy prime vealers mad© from £3 10s to £4 U: medium, to £3 16s; light, £2 2s to £3 2s; small, 28s to 375; rough and Plain, 14s to 30s; fresh-dropped, from ss. In spite of the fact that there was a short yarding, values for sheep were erratic, and though a few lines In the ttfit row sold at prices ahead dt last parity, the general tone was into be easier. , _ Ftw choice prime big-framed wethers am* forward, and the quality of the offergenerally was not up to the best standards. . A fair percentage of choice prime hitchers’ lines of ewes came forward. the first row big-framed wethers, Bnn w but not exceptionally well-finished, Sis. Medium prime wethers made -s6d to 27* 6d. Small prime wethers r ade from 21s fid to 23s fid, and heavy pr, ®i ewes made to 23a 6d. SOUTHERN EXCHANGES Press Association. Christchurch.—On ’Change: National \lurt,a*,, 72s (two parcels); Christchurc.. '*• (MW. 5* paid). 6r 6d. Ojnsdin.— Sale on ’Change: Vpper 23s Sd. Reported.: New Zealand CHICAGO WHEAT \ —Press Association. — Copyright. P "Si 10.55 a.m. CHICAGO. Tuesday. , 7"«*t—December, 1 dollar 29J cents i» shel; March, 1 dollar 33 7-8 cents; ■"**. I dollar 36 3-S cent*.—A. and N.Z. Taranaki oilfields ltd. Press Association. GISBORNE, Tuesday. !o*T? naki Oilfields, Ltd., report as fot-W-i * or The week ending November 1? — *htkP u .J?°- 2 ' vell: Depth, 2,595 ft in fray j.ir’ B tin diameter casing to Z,s7dtt. 1 well: Bepth, 1,500 ft in ca*iJL shal ®; cemented lOin diameter 1.500 ft on November 17.