Markets and Money

Sun (Auckland), Volume I, Issue 279, 15 February 1928, Page 13

Markets and Money

continued WESTFIELD STOCK SALE BEEF SHORT-YARDED VALUES HARDEN Apparently held back on account of :he trouble at the works, beef was exceptionally short yarded at Westfield to-day. The usual' butchers’ demand strong'llimed the market, while all grades met with a good sale, prices for well-finished prime cattle ranged in a few instances up to over 10s a head in advance of late rates. The offering comprised approximately three rows of steers and fewer than four full rows of cow and heifer beef. Many well-finished steer? came forward, and the offering genertyiy was a most representative one, being drawn from all parts of the district. A line of well-finished heavy prime steers on account of H. E. Reed, Waerenga, topped the market at £l4 10s, sevim in the line averaging £l3 2s. Another line on account of the same vendor made up to £l3 10s. Bullocks from the Ruakura State farm sold to £l3. Eight steers on-account of B. Reed, Waerenga, averaged £l2 15s. Other cattle met with a firm sale at values in every instance Arm to slightly in advance of late rates. Cow and heifer beef was also firm, prices ranging up to £lO 12s 6d for a heavy prime young P.A. cow. Several yards of big-framed welltinisshed Waikato cattle helped to bring up the average quality of the yarding, which included the usual quota of lightframed cull dairy sorts. An active demand was registered throughout. Heavy prime cows on account of the Ruakura State Farm made £9. Other heavy prime big-framed Waikato young cows made £10; mediumframed choice, prime young cows and heifers made from £7 10s to £9 ss; lighter and small prime, £5 10s to £0 6d; light and unfinished, £4 5s to £5 ss. An average yarding of calves met with only a medium demand and values tended to be easier than late rates. Prime runners made to £4 17s 6d, heavy vealers, to 24 6s; medium vealers, £3 to £3 15s; light, £2 8s to £2 18s; small, 30s *o 455; fresh-dropped and rough, from 3s*. A yarding of less than three full rows of sheep comprised few choice prime lines. The majority lacked bloom and displayed evidence of the dry* weather and shortage of feed. . Compared with late sales, a short y'g of mostly medium grade lambs came forward. Bidding for sheep was not spirited, and roany lines failed to reach the owners’ deas of value. Compared with last week’s nrm rate, sales were decidedly easier, "ethers, in some instances were over Is a head below last week's parity. Sixteen extra choice, heavy, fine wethers, or\ amount of R. Cullin. made 295. Heavy, prime, well-finished ewes, on -j? oun * °* t* l *? same vendor, made to 21s -d; medium wethers made 24s to 265; *rnall wethers from 19s. Medium-framed nn ® ewes made 15s 6d to 17s 6d. Export buyers were noticeably absent Ir, >m the sheep, lamb and cattle sections. SOUTHERN EXCHANGES YESTERDAY’S SALES Press Association. . Wellington.— Bunk of New Zealand. £2 J* " Zealand Government, 4i per ent - Inscribed Stock, 1935. £97 2s 6d. Christchurch.-— Commercial Bank of - -istralia, 27s 7d tthree parcels); Ts 3d; National Bank of New hn U l an -* ** 19s 6d; Bank of New Zean«. oSs 7d (two parcels); National J®*/***® (cum diw). 765; Electro Zinc “n . cum dtv.), 31s 9d: New Zealand • ( , V * r ®| ne n t . 4i per cent. Inscribed Stock, ’£s7 2s 6d; Staples's Brewery, 37s Dunedin.—Staples’s Brewery, 37s 6d P arc «dsl; South British Insurance, 7aoi. i Mosgtel Woollen. £6 15s; New aland Refrigerating (con.), Bs. high prices for wool RECORD CLEARANCE IN SYDNEY By Cable.— Press Association. — Copyright. Ilecd - 9-5 am. SYDNEY, Tuesday. At the Sydney wool sales to-day c,n?H etl . tion was animated, the previi i 2? y ’ 8 levels being fully main- _ uned. Almost recarcl clearances ert; made.—A. and X.Z.