KEEN PRICES

Sun (Auckland), Volume II, Issue 582, 7 February 1929, Page 14

KEEN PRICES

N.Z. STOCK MARKETS MOVEMENTS REVIEWED By R.W.C. Store sheep, principally ewes, are commanding most attention in New Zealand live stock circles at the moment. The ewe fair season is at its height. The market for fat stock generally remains very firm. At Westfield yesterday a substantial increase in the yarding and an unexplained small attendance of buyers, especially in the early part of the sale, combined to bring about a decline in the beef market. Prices were Is to 2s a hundred below last week’s top prices of 43s for best ox and 38s for best young cow or heifer. The yarding, which was drawn from all parts of the province, was of fair quality, comprising a big percentage of handy-weight cattle. Prices were still above exporters’ limits, although they were noticed bidding on any pen which showed a likelihood of going under the general level. Calves met with a very firm market as a result of farmers coming in on any lines suitable for keeping as stores. Rough and plain sorts, especially, met with a ready sale. In the sheep pens, while the average quality was not very high, there was a good percentage of well-finished wethers, the tops being better and heavier than those at recent sales. Prices were very firm at late rates. Lambs met an unchanged market. A large yarding of pigs sold freely, baconers, especially, meeting with a keen sale.

Stortford Lodge Market 1 In the Stortford Lodge (Hastings) yards yesterday there was a good yarding of cattle and a very heavy yarding of sheep, i mostly breeding ewes and lambs. All « sold at a slight advance on last week’s r rates. j Prime bullocks made to £ls 15s; good i cows, to £lO ss; forward bullocks, to £l3 c 14s; fat prime ewes, to 23s 6d; ditto f wethers, to 31s 6d; two-tooth ewes, to < 365; good lines of sound-mouth four and ] five-year-breeding ewes, from 23s to 2Ss; 3 good woolly wether lambs, to 225; down f cross lambs, to 235; short ditto, to 20s 6d; medium and cull lambs at pro- ( portionate prices. t Stores Wanted at Johnsonville At a sale of store stock in the John- 1 sonville (Wellington) yards yesterday there was a yarding of 3,100 ewes, lambs ] and wethers, mostly ewes. Buyers were 1 present from the Rangitikei, Manawatu, ' Horowhenua and Hutt districts, and the £ bulk of the yarding was purchased to > go to the districts mentioned. Bidding 1 throughout the sale was keen and \ spirited. A total clearance was effected. Prices for all classes of stock showed 1 a considerable advance on those ruling ! at last year’s rocture, and were gener- : ally speaking' above the average prices ruling for similar classes of stock at country sales. Some of the lines sold were as follow:—Four and six-tooth ewes, ; to 355; four-year ewes, to 29s lid; fiveyear ewes, to 26s 3d; two-tooth wethers, ; to 26s 6d; lambs, to 23s lOd; rams, Southdowns, to 4ggns; Romney, to dairy cows, £6 12s 6d to £lO 10s; horses, hacks, £2 to £6 ss. Heavy Entries at Addington Heavy entries, particularly of store sheep, w*ere registered in all sections at Addington yesterday. Ewes were drawn from all parts, including Marlborough and the West Coast, while several excellent lines of well-bred young Romneycross ewes were forward from Poverty Bay. A keen sale resulted. Forward rape lambs made to 27s 6d; extra good Romney cross two-tooth ewes made to 435; ordinary, 35s to 375; extra good fourtooth, 40s to 425; extra good six-tooth, to 40s 6d; good four, six and eight-tooth ewes to 325; ordinary s.m. ewes, to 27s 6d. A yarding of 2,660 lambs, in sympathy with the lower export rates, saw a decline in prices of from Is 6d to Is 9d a head. Best lambs made to 33s lOd. The market for fat sheep showed a decline of up to Is 6d a head. Extra heavy prime wethers made up to 40s a head; extra prime ewes to 36s lOd. An aggregate yarding of 405 fat cattle came forward to meet with a firmer market. Best beef made to 49s a hundred, best cow, to 42s 6d. Vealers met with a good sale. Twelve to 18-months sorts made to £10; good vealers, £6 10s to £7 10s Id; others, £4 Is to £6 5s Id; calves, 20s to £3. Prices at Westfield Prices at Westfield yesterday ranged as follow Cattle.—Extra heavy prime steers to £l7 ss; heavy prime steers made £l4 15s to £ls 17s 6d; lighter prime, £l3 5s to £l4 12s 6d; light prime, £ll 10s to £l3 2s Gd; small and unfinished, £9 10s to £ll 7s 6d. Extra heavy prime young sows and heifers made £ll to £l3 10s; heavy prime cows and heifers, £9 to £lO 15s; lighter prime, £7 10s to £S 17s 6d; other killable cows, £5 10s tc £7 7s 6d. Sheep.—Heavy prime wethers, £1 12s 6d to £1 17s; medium to heavy prime, £1 11s to £1 12s 3d; light to medium prime, £1 9s 6d to £1 10s 9d: unfinished, £1 7s 6d to £1 9s 6d. Extra heavy prime youing ewes, £1 5s to £1 7s 9d: heavy prime ewes, £1 3s 6d to £1 4s 9d; lighter prime, £1 1s 6cl to £1 3s 3d; other killable ewes, £1 to £1 Is 3d. Lambs.—Extra heavy prime lambs, to 30s 3d; heavy prime lambs, £1 7s to £1 Ss 9d; lighter prime, £1 5s to £1 6s 9d; light prime, £1 3s Gd to £1 4s 9d; small and 1 plain, 17s to £1 2s 6fl. Pigs.—Choppers sold at. £1 10s to £2 -19 s; heavy and medium baconers, £3 6s 3 to £3 13s; light baconers and heavy pork--1 ers, £2 16s to £3 3s; medium porkers and light perkers, £2 Ss to £2 14s: small and unfinished porkers, £t 15s to £2 4s. Store - pigs were easier in values. Large stores . made £1 to £1 6s; slips, 10s to 16s; wean- - ers, 5s to 12s. , Calves.—Runners made £4 to £7 11s; ; heavy vealers, £4 10s to £5 19s; medium, , £3 10s to £4 8s; light, £2 18s to £3 Ss; s smaller. £2 6s to £2 16s; small and fresh : dropoed. Ss to £2 4s; rough calves, £1 5s . to £2 10s.

HERD TESTING TE AWAMUTU SUCCESSES (From Our Orvrt Correspondent) TE AWAMUTU, Wednesday. The eight, groups of herds tested by the New Zealand Herd-Testing Association round Te Awamutu all had satisfactory results during the month of December. Hairini Group.—The highest herd average was 43.331 b. fat from 63 cows, the lowest was 291 b, from a herd exactly the same size. The best cow in the group gave S2lb fat and the lowest gave only Sib. Ivihikihi Group.—The highest herd averaged 42.761 b. fat. from 21 cows, and the lowest 29.361 b. from 96 cows. The best cow gave 751 b. fat. and the lowest 61b. At Ohaupo the best herd averaged 5.381 b. fat from 31 cows, and the lowest 26.191 b. from 41 cows. The best individual cow gave SOlb. fat and the lowest 71b. The best herd in the Paterangi group averaged 43.741 b. from 51 cows, and the lowest 31.841 b. from 64 cows. The highest individual cow gave 751 b. fat and the lowest 101 b. In Te Awamutu the best herd averaged 44.801 b. fat from 49 cows and the lowest 31.351 b. from 87 cows. The best cow gave S7lb. fat, and the lowest 71b. Te Ka.wa group, which last season comprised 1.469 cows was reduced this season by the formation of Kawhia group to 960 cows, averaging 8161 b. milk, 4.2 test and 34.941 b. fat. The best herd average was 421 b. fat from 35 cows, and the lowest 29.501 b. from 78 cows. The best individual cow gave 841 b. fat and the lowest 91b.

LONDON WHEAT MARKET (Australian and N.Z. Press Association) LONDON, Wednesday. As a result of a moderate demand for Australians and La Platas and renewed interest from India, cargoes are steady at late rates. A cargo of 3,000 tons from New South Wales, by an unnamed vessel, realised 475. By the Nordval, bags, 47s 3d; bulk, 46s 9d. Parcels are active, especially Australians and Manitobas. Prices nominally are unchanged. By the Esperance Bay, Bendigo, Benalla, Largs Bay and Moldavia, 17s; by the Neleus, bulk, 46s 6d. Liverpool futures.—March, 9s 2.1 d a cental; May, 9js July, 9s 6§d,