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Waikato Times, Volume 127, Issue 21220, 17 September 1940, Page 7

MORE HANDLED

MARKET FOR CALVES IMPROVEMENT IN QUALITY SKIN PRICES LOWER The substantial increase in the bobby calf killings of the New Zealand Co-operative Pig Marketing Association was indicated by the chairman of directors, Mr W. A. Phillips, today when he stated that killings up to the end of August had reached a total of 191,000, against a total of 153,000 for the corresponding period last year. The association was marketing the product of 61 pools against a total of 41 pools last year, the association’s calf pools now extending right through both Islands. Over £60,000 had already been paid out by the way of advance payments for calves received to the end of August. The peak of supplies had been experienced in about the third week of August. The season had been earlier this year and the calves in better condition because of the favourable winter and autumn experienced. Condemnations because of immaturity had consequently been considerably fewer than last year. Prospects for the season at the beginning of the year in regard to skin prices had been better than they were last year, but since then the loss of many former markets for the manufactured product had resulted in the market for skins, suffering a rapid and substantial decline. Actually the United States and Canada were the largest buyers of the raw product, but these countries had lost their markets for the manufactured products because of the war.