Markets and Money

Sun (Auckland), Volume I, Issue 215, 30 November 1927, Page 15

Markets and Money

beef market easier WESTFIELD SALE EXPORTERS operating COMPARED with late sales V, beef was decidedly easier at Westfield to-day. There was a iveavier yarding of steers. The quality of the steers, gene. ,=iiv was good, but the majority the offering in the female section was light framed, and few heavy prime lines were seen. . rroresentative offering of approxiA „f P 4-,0 Stw-rs mill 350 cows and cam e tiom ail parts of the disll, . The primest bullock of the day ,rl ' t ' from Whangarei, while choice ‘ am f.„ were offered on account of Te ?wamutu and Cambridge graziers. steer offering, from a quality point ivies' was a good average one and °C ™ was a substantial percentage of I prime choice butchers' lines of he avy P rl ™ odium -framed cattle, wellwished for butchers' purposes, were also pr The n mark'? t throughout had an erratic SSTiXS P tkan S at S ™w y ee^s r sa.e"- =« in 'til! the “on-the-hooks” quoted nrice of 27S fid for any lines that came Sin their requirements in regard to i-ks and quality. "X cheaplyt beast of the day was an .Jra prime big-framed Hereford bullock eN - North. Too heavy to make it fr “?ot*onaMy Rood buying for the aver,xi butcher however, it only made £l4. S pnriee was secured for a pen of heavy Shorthorn bullocks on account of Lv, .sloane. Whangarei, which made c'u ios. Lighter weight, prime, heavy bullocks on account of Jas. Taylor, Cambridge, averaged £l3 10s A line of choice, prime, medium to heat}-weight h Itocks on account of H. E. Reed. WaeSSm. made from CIO 17s fid to £l3 17s cj j h. Self, Papatoetoe. was response for a choice batchers’ line of mostly P \ bullocks, which, though well finished, were not all extra heavy-framed. These made from £ll 15s to £l2 12s 6d. Medium -framed, prime cattle on account of a Te Awamutu vendor made from £lO 15s to £ll 15s. Smaller-framed, prime steers made from £$ 10s. The decline in values was not so pronounced in the female section, especially for heavy, prime sorts, which were well in the minority. Heavy, prime cows made to £9. Two choice, prime, bigframed, young Friesians, on account of If C. Bull, Mangere,. early in the sale made £$ 15s; prime, but not exceptionally big-framed, or heavy, heifers made to £t> 7s 6d; medium, prime, young cows and light heifers made from £5 17s 6d to £6 12s 6d; light and small, from about £4 10s. An average yarding of mostly medium quality calves met with an easier market. Runners made to about £5 2s Gd; heavy veaiers to £3 ISs; medium, £2 5s to £2 19s; light and small frame, £1 to £1 ISs; small, rough and freshly-drop-ped, 3s to ISs. The cattle sale dragged until nearly three o'clock. A line of choice, prime, young cows on account of ft. Urquhart made to £9 ss. The heaviest yarding of sheep seen for many weeks should see slightly easier values. A yarding of lambs equal to last week's offering should again see the market based on export parity. SOUTHERN EXCHANGES Christchurch. —Sales on ’Change: British Tobacco (Australia), £54; Kaiapoi Tfool, 8s 9d. Reported: National Bank of New Zealand, £6 17s 6d, £6 ISs: Dalgety and Company, £l3 Is; Kaiapoi Woollen, Ss 9d; New Zealand Breweries, ♦3s 9d.

Wellington.—Reported Sales: Bank of New South Wales, £45 12s 6d (cum. div.); Wellington Gas, £1 7s 6d (two lots); 4J fer cent. Inscribed Stock, 1938, £96 15s.