N.Z. STOCK MARKETS

Sun (Auckland), Volume III, Issue 826, 21 November 1929, Page 10

N.Z. STOCK MARKETS

MOVEMENTS REVIEWED 1 | FAT STOCK EASIER BY K.W.C. Fat stock prices at the principal selling centres throughout New Zealand yesterday showed a tendency to contract to .evels more in accord with the export parity. The store market appears to be holding fairly steady. Tito rains of the past thro.- or four weeks, which have been fairly general throughout the North Island, have had on the opening of the freezing season. Lambs are not coming forward ns freely as earlier prospects indicated. In Poverty Bay the works have not yet commenced j operations; in Hawke’s Boy the numbers of lambs coming forward are j _ negligible and practically the same i : position is recorded in Auckland. Two I lor three weeks of line weather are j now needed to put the season in full ; ! swing. i Export prices published last week, in wijieh best quality lamb under 361 b j was quoted at Sd, remain unchanged. ; Yesterday’s Westfield Market At Westfield yesterday an average yarding of slightly over 600 head of ! l'at cattle met with a steady demand. ! extra choice ox selling at up to 42s a , hundred, and best cow and heifer to ■39 s. The yarding, was drawn from most parts of the province and the j quality, generally, was good. Heavy weigh t cattle were short yarded, but j ! the demand for this class of beast was , not keen. The calf offering comprised a big . percentage of bucket-fed sorts which, ! when killed and dressed, would not ■ turn the scales at very high weights. * • The market, generally, was down on ! j late rates. A few extra choice sorts, ! j including Waikato*Shuw exhibits, met : 1 with a very keen demand, selling at ! } premium rates. i The sheep market was made up ; mostly of mediurq quality wethers. ; Prices hold firm at late rates, j An offering of approximately 330 1 lambs met a market, if anything, a i little easier than last week. : Average offerings of both store and I fat pigs met a slightly easier market. Fat Cattle Easier in Hawke’s Bay ■ Average yardings in most sections at • the Stortford Lodge (Hastings) sale j yesterday met a slightly easier market as far as fat stock were concerned. Fat bullocks made £l3 10s to £l3 3s; fat cows, £7 15s to £ll 4s; heavy ; fat heifers, to £lO 10s; 2-year steers, j £7 to £8 12s; 3 and 4-year bullocks, £lO 3s to £l2: yearling steers, £ 6 to ] £7 10s; yearling heifers, £ 3 to £5 lGs; j empty cows, £ 3 to £5 17s 6d: empty heifers, to £8 Ss: cows and calves, £5 10s to £S ss: dairy cows, £4 to £l3 i2s Cd: shorn fat wethers, to 265: prime | woolly fat ewes, 21s Cd to 23s Tel: j shorn fat hoggets, to 20s 3d: woolly, to j 255: fat lambs. 19s 9d to 265; woolly, i 2. 4 and 6-tooth wethers, 26s to 27s lu; j shorn 4 and 6-tootli wethers. 23s lOd; j 2-tooth wethers, 17s Gd to 23s 9d; 2- ; tooth ewes, to 23s Sd; woolly ewes and . lambs, 25s Od to 38s: forward ewes, to , 13s Id. Wellington Market ! At the Johnsonville yards yesterday j there was a full yarding of all classes of stock. The quality of both sheep and cattle was good. Cattle met with a ready sale at prices on a par with last week’s rates. Wethers sold at late rates, but ewes suffered a decline to tlie extent of 2s a head. Hoggets were penned in small numbers, and met with keen demand. Lambs were yarded in larger numbers than usual, and a total clearance was effected at ls to ls Od decline. Prices were:—Extra heavy bullocks, £l7 to £18; heavy bullocks, £l4 10s t to £l6 10s; light cows, £6 5s to £7: 1 extra heavy heifers. £l4 12s Gd to £ls; j heavy heifers, £l3 to £l4; medium I heifers, £9 10s to £9 17s Gd: runners, I £7 17s Gd: vealers. £2 14s to £6; j heavy shorn wethers, 28s 6d to 30s; , medium shorn wethers, 26s 3d to 27s Gd: heavy shorn young ewes, 24s 3d; | heavy shorn ewes, 21s to 225; woolly 1 hoggets, 27s Dd. Extra heavy shorn ! hoggets, 27s to 27s 6d: lambs. 21s 6d Easier Market at Addington A feature of the Addington market j today was a decline in values in all four “fat” sections—fat cattle. fat | sheep, fat pigs and fat lambs. The fall in beef and mutton prices was a big j one. An entry of 920 fat lambs sold at from Bid to 9d a lb. Fat sheep sold on a falling market, wethers, at the | close, being 2s a head down on last week’s* rates; ewes were easier by 3s a head. Exti-a. prime wethers made up to 33s a head: extra prime ewes to 2Ss Gd a head. An entry of 30G head of fat cattle included over 100 from the North Island. Steers and cows were down by 30s a head: heifers by 20s a bead. Extra choice beef made to 44s a hundred; good medium weight prime beef brought 39s to 41s a hundred; good cow beef, to 375. In the fat pig section porkers averaged 7id to Sd a lb; baeoners, 6:,'d to 7d a lb. Prices at Westfield Prices at Westfield yesterday ranged as follow: j Cattle.—Heavy prime steers, to £lO i 10s; medium. £l3 5s to £l4 10s; light j and small. £lO 13s to £l3: unfinished, ■from £9 10s; heavy young cow and heifer, to £ll ss; medium, £7 10s to ‘ £9; small and light, £ 6 5s to £7 ss; unfinished, from £4 10s. I Calves. —Exceptionally choice prime ■runners, to £11; ordinary runners, to j £7 ss: ordinary heavy vealers. to £ 4 ; ss; medium. £2 10s to £3 10s; smaller, : 28s to 48s; small and fresh-dropped, ! from ss. ! Sheep.—Extra heavy show wethers. ! to 34s 9d; ordinary heavy wethers, to I 31s 9d: medium, 26s 9d to 28s 9d: light land unfinished, from 235:- extra heavy J prime show ewes, to 335; ordinary : heavy prime ewes, to 225. ; Lambs. —Best made to 26s Od: i medium. 22s to 24s 3d; light and plain, ' from 16s. • Pigs.—Choppers sold at £1 10s to ! Co 14s; heavy and medium baeoners. £3 6s to £3 19s: light baeoners and | heavy porkers. £2 13s to £3 3s: 'medium porkers and light porkers. £2 5s to £2 11s: small and unfinished i porkers. £1 15. sto £2 4s. Large stores 4 made £1 5s to £1 12s: slips. ISs to . £! 4s; weaners, 10s to ISs.