WHEAT “PROPAGANDA”

Sun (Auckland), Volume III, Issue 895, 12 February 1930, Page 12

WHEAT “PROPAGANDA”

BRITISH HOARDING DENIED

CANADIAN SITUATION United B.A. —By Telegraph—Copyright Reed. 9 a.m. WINXLPEG-, Tuesday. The suggestion that Britain has two and a-half tenths’ supply of wheat on hand is absurd, according to Mr. George Mclvor, general sales manager of the Canadian Wheat Pool. He labelled the report as ’ just more propaganda.” NO RUSSIAN WHEAT AY AfeHINGTOX, Monday. Tho Secretary of Commerce, Mr. R. P. Lamont, states that authoritative reports indicate that since Russia is on a ration basis of production, which amounts to scarcely more than a sistence quota, no wheat may be expected to be exported from 'there in the coming season. PRICES IN LONDON LONDON, Monday. IS heat. Cargoes, in sympathv- with American advices, are fairly steady T-t 1 ,-? 1 ’? are awaiting Canadian and United States stabilisation proposals. Buj ers are content to look on. Parcels ai a m quiet request, and prices are unchanged. Futures: London, March quarter; May, 39 s 10d; Liver?ld!’ Ju??, ss I t-sa. C6ntal; May * Ss

FRANKTON STOCK SALE

HEAVY SHEEP OFFERING From Our Resident Reporter HAMILTON, Tuesday About 10.00 U head of sheeD were penned at the Frank ton saleyards to?sed' Prices were realised. Beet stock was yarded in lai-ee firmer 1-3 “S* 1 I ( ‘ uotat ‘«» "ere a shale nrmei. A large yarding of nio-e brought late rates. The auctioneers report as follow: tioneers Hew Zealand Loan and Mercantile ifTiL K°i mpany \ Fat bullocks. ~*ii 17s bd to Ll 7 ss; fat cows. £i> LS Ss Mt 4s; lighter. X 1 17s 6d to ~ a IVs - tdt wethers, to 27s 7d: lieavv baeoners. X 3 ISs to *4 ios; 'lighter. lbs; heavy porkers,, U2 18s to toss; light, 9s to a 2 IBs. rarmers Co-operative Auctioneering Company Limited.—An average yarding of beef and store cattle and a good yarding of all classes of sheep. Late lates were maintained for ox beet, while cow heel' was slightly easier. All classes of sheep met with good competition, and practically the \s hole yarding changed hands at satisPnces. An extra large yardmg of all classes of pigs came forward and competition was keen throughout late rates being fully maintained. QLiotations:—Prime iat bullocks. £l4 cio lighter * 17s 6d to £ lo l 4 heavy fat cows, £ 9 to £9 1/3 6d: medium. £7 19s to £S 15s: p 7s to £7 12s 6d: store cows. £4 to £6 Is; vealers. £2 6s to £3 17s 6d: Shorthorn and Jersev- cross heifers, running with bull, to £6 12s 6d; store two-tooth wethers, 22s 6d; fat ewes. 17s 3d; l’at lambs. 19s 3d;’ shorn wether lambs. 13s 9d to 13s lOd; mixed sex. shor;n. 13 S lid to 15s; l'our-tooth to five-year. £1 0s Sd to lls; six-year ewes, 17s 3d; heavy baconers, £4 Ss to £4 13s; medium, £4 to £4 4s; light, £3 12s to £3 18s; heavy porkers, £ 3 7s to £3 12s; li&hE £2 16s to £3 3s; good stores, £2 3s to £2 9s; slips, 32s to 375; weaners. 17s 6d to 28s.

Dalgety and Company.—There was an average yarding of fat cattle. Prime ox beef sold on a par with late rates, but second quality ox was a shade lower. Prime cow and heifer beef sold at late quotations. We sold fat bullocks up to £l3 17s 6d; light ditto. £ll to £l2 15s. Very prime young cows on account of E. W. R. Leslie made up to £l2 7s 6d. Ordinary fat cows, £7 7s to £8 15s. There were a few pens of store cattle which sold at late quotations. . There was a small yarding of fat sheep for which prices were unchanged. Fat wethers sold up to 26s 6d; fat ewes, up to 17s 9d; fat lambs, to 18s 6d. There was a very large yarding of store'sheep for which prices were, if anything, a shade lower. We sold on account of Cliffs Estate 518 wether lambs, shorn, at 12s sd. On account of Mr. Martin, 86 woolly ewe lambs, 14s; on account of the same vendor, 249 woolly wether lambs at 12s lOd. On account of a client, 90 shorn lambs, 13s 3d. On account of H. R. Lang, 159 m.s. woolly lambs, 14s lOd. On account of J. A. D. Ritchie, Waitetuna, 282 shorn wether lambs at 14s 6d. On account of the same vendor, 410 m.s. lambs at 10s 4d. On account J. Bollard, Karamu, 143 woolly lambs, 12s 6d. On account of a client, 300 m.s. lambs, lls lOd. On account of J. R. Spence, Gisborne, Tinoroto Station, we sold 1,368 fiveyear ewes at 21s Cd. On account T. B. Spence, Gisborne, we sold 1,006 fiveyear ewes at 21s 3d. On account J. A. Ritchie, Waitetuna, 365 m. aged ewes at 20s 3d. On account Ranui Estate. 251 sound-mouthed ewes, 18s lOd, and 68 at 15s 3d. On account Featherstonhaugh Bros., 95 five-year-old ewes at 23s 6d. On account Mr. Ferriman, 355 sound-mouthed ewes at 225. On account of the same vendor, 180 fail-ing-mouthed ewes at 12s 6d. On account of a client, 85 cull ewes, 9s 6d; also 280 ewes a t2ls; 52 ditto, at 18s. There was a large yarding of fat and forward pigs, our yarding consisting of 315, principally baconers, which sold at full late rates. Best baconers made from £4 to £4 12s; porkers from £2 12s to £ 3 10s; store pigs at late rates.

MONEY FOR WOOL GROWERS

RESULT OF JANUARY SALE The sum of £146,494, less charges, went to Auckland woolg.rowers as a result of the January sale, compared with £498,550 at the second sale last year. The wool cheque for the two sales of the current season amounts to £384.619, compared with £994.756 for the two corresponding sales last year. The catalogues last month totalled 20,663 bales, compared with 28,237 last year. The average price a bale this year was £lO 5s Id, as against £lB lls Sd last year, and £23 5s 2d at the February sale in 1927. Of the total offering, 14,287 bales were disposed of, or slightly under 70 per cent, of the wool sent in. The average price a pound was 7.123 d, as against 12.837 d last year. The aggregate payment on account of the first sale of this season was £238,125, and of the 17,252 bales submitted, 15,404 were disposed of. The average price was £ls 9s 2d a bale, and 10.947 d a pound.

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