FINANCE AND COMMERCE.

Press, Volume LXVIII, Issue 20500, 19 March 1932, Page 16

FINANCE AND COMMERCE.

RAM FAIR, SALE OF STUD SHEEP. HEAVY PASSINGS AND DULL COMPETITION. The Canterbury Agricultural and Pastoral Association's ram fair was coneluded yesterday, when tho floek ewes and the stud rams were sold. There was an entry of 116 ewes and 231 rams, as compared with 100 ewes and 288 rams at the fair of 1931. The attendance of buyers and breeders was fair only, and was much smaller than on the first day or on the corresponding day last year. Flock Ewes. Tho sale of flock ewes was a procession of passings, with sales made at ridiculously low figures only. Of the 116 sheep offered 48 were sold and 68 were passed, so that it will be seen that tho auction was very disappointing to vendors. The only breed represented was the Southdown, and the only variation in frice for tho ten pens sold was from jgns to IJgns. Alexander Anderson, of Asliburton, and Mr D. "W. Wegtenra, of Dunsandel, shared the honour of top price Jots. The top price for floek ewes lost year was 3gns, secured for some English Leicester ewes. Tho top price for Soutlidowns was 2}gns. The Bam Auction. The ram auction was interesting only in few stages, and with the exception of the Southdown breed the market was dull, with passings very heavy and prices for all except the best show sheep very low indoed. Bams which were showing lack of condition or which were not well produced were practically neglected throughout the day, and even for moderate sorts the auctioneers had a hard task to exceed tho upset price of sgns, if they could secure even that. About 225 sheep were offered at auction in the ring, and of that number 111 failed to find purchasers while under the hammer —50 per cent, of passings Veiy few were cleared at private sale. Southdown Values. The two principal fattening breeds shared the principal attention —Southdowns and English Leiccsters —and tho former provided easily tho most interesting sale of the day, with prices quite fair for the really good quality sheep. Southdowns attracted a steady demand for sheep true to type showing outitanding quality both for carcase and bone, and a casual glance at values would suggest that there was quite a material advance on those ruling at last year's fair. For the very best show aheep that was ,probably correct, as buyers were prepared _to extend their limits to take the best, but of the body of the sale, which included the moderate and poorer quality sorts, values wero no better than thoso of 1931. Tho top prico for tho breed was 05gns, secured for a one-shear ram sold on account of H. J. Andrew, of Maheno. Andrew's blood is known even outside New Zealand, and this sheep was produced in a manner which did the breeder credit. The same breeder also ■old another at The second best priea was SOgns, secured for a fine ram sold on account of that old-established breeder, George Mcßean (Springston South). He is going out of the business, and this was one of the last two rams he had left. The other was also sold, being knocked down at 33gns. Last year the top price for Southdowns was 42gn», secured by 9. J. Andrew also. In 1930 one of Andrew's topped the market at 62gns. Oorriedales Ignored. The Corriedale sheep were not wanted, and out of the 31 sheep offered S3 were passed in at auction. It was one of the dullest markets seen for this breed for a long time. Nothing but the very best type of sheep was sought at all. The best price/paid at auction was ISgna, this value being paid for one sola on account of William Baynor (Masterton). A sheep offered on - account of the Estate of H. T. Little (Hui Bui) was passed in when the auctioneer had reached 55gns, Another fine ram offered on account of William Anderson (Waiau) was passed in at 17*gns. t . ' There were ten Shropsbires offered and six of them were passed. The best price for the breed was 30gns, which was the priea paid for one sold on account of Charjes" Parry (Tinuuru) before it bad had an opportunity to be offend in the ring. It was a magnificent example of the breed.' Eight Bomney M«tsh were put up at auction and pne only found a buyer." It was' a sorry sale. The one sold was at 14gna on account of the Canterbury Agricultural College, Lincoln. English Leicestera English Leicestera provided a good deal of interest. There were 71, sheep offered and 41 failed to find buyers, but the principal reason for such heavy passing* was that the breed had a bad "tail" of inferior quality sheep. There was far too much unevenness and on many occasions the auctioneers did not secure a bid at all. Good sheep were sought keenly with competition not restricted to snch clearly defined limits as in the case of most of the other breeds. It was also noticeable that buyers were in the market for Leieesters with the intention of securing them for the purpose of crossing witli Merinos. The top price for the section was SOgns, secured for one sold on account of W. Letham (Laulriston). One sold on account of James Beid, Darfleld, brought 37|gns, and one on account of A. S. Elworthy (Timaru) SOgns. The top prico for English Leicester last year was 43gns. Five Lincolns were offered and William Bayner of Masterton secured the three top prices with one at 18gns, one at 15gns, and one at 14gns. Border Leicesters. Tho Border Leiceßters were "not in demand and their sale was very disappointing to vendors. Out of the 34 lots offered 24 were . passed at auction. Colonel John Findlay of Eiffelton soeured the top price with one at 20gns, but a very fine average was secured on account of the well-known breeder, J. L. Mafffarlane, Lyndon. Ho sold two .at 16gns, one at 15gns, and one at lOgns. The sales were 1 as follows: SOUTHDOWN. The Mew Zealand Loan and Mercantile Agency Co., Ltd. sold on account of:— C. F. McLauchlan (Blenheim), 1 at 30gns to the Canterbury Seed Co., 1 at Signs to •T. fetrie (Swannanoa), 1 at logos to W. Inch (To Pirita). Canterbury Agricultural Collega (Lincoln), 1 at lOjma to J. Bundy (Teddington). W. and A. Campion (Highbank), 1 at Bgna , to Friziell Bros. (West Kvreton), 1 at lOgns to P. J. Andrews (Eiffelton). 11. J. Andrew (Maheno), 1 at 2Sgna to K. 8. Scott (Dunsandel). • Meaara Pyne, Gould, Guinness, Ltd., sold o? account of: J. H. Grijrtr (Longbeach), 1 at lOgna to D McLachlan (Omihi), 1 at lOgns to E, W. Moore (Kekeiangu). Canterbury Agricultural College (Lincoln), 1 at lOgna to J. Petrie (Swannanoa;.

(CONTINUED.)

A. W Adams (Sheffield), 1 at 20gns to H. M. Overton (Lakeside), 1 at 29gns to I. M. Croft (Amberley), 1 at 15gns to W. Parkinson (.Kaituna). (James Stewart (Knkaia), 1 at BJgn» to W. Topham (Temuka). National Mortgage and Agency Co., Ltd., sold on account of: W. J. Jenkins (Sheffield), 1 at 12gns to B. Lysaght (Fairton). Messrs H. Matson and Co. sold on account of:— H. J. Andrew (Maheno), 1 at 86gna to R. L/yaart (Seddon). W. J. Jenkins (Sheffield), 1 at 12gns to W. .LJoyle (Springston). Madeley Bros. (East Eyreton), 1 at 18gns and 1 at UOgns to J. Stewart (Rakaia), 1 at 14§gns to H. Oliver (Hororata). A. W. Adams (Sheffield), 1 at lOgns to J. Stevenson (Flaxton), 1 at 22gna to M. Wilson (Jialkett). F. H. Greenwood (Southbridge), 1 at 6gns to J. Maseman. Messrs Dalgety and Co., Ltd., sold on account of: A. W. Adams (Sheffield), 1 at 28gns to IS. P. Adams (Greendale), 1 at Qogna to itcLennigan'a Estate (Killinchy), 1 at 29gns to J. Stewart (Flaxton). A. S. Elwoiihy (Timaru), 1 at 17gns to agent. ,

J. L, Macfarlano (Waiau), 1 at Ifigns to Thomson Bros. (Horrelvillc), 1 at SOgns to iJ. Deans (Bowallan). G. Mcßean (bprmgaton South), 1 at 63gns to J. Brooks (Brookside), 1 at 33gns to A. C, Greenwood (Southbridge). Canterbury Agricultural College (Lincoln), 1 at-lOgns to K. Pettigrew (Waiau). B. T. McMillan (Irwell), 1 at 12gna to W. A. Sheate (Dunsandel). Madeley Bros. (Hast Eyreton), 1 at Mgna to New ZealancJ Farmers' Co-operative agent. J. 11. Grigg (Longbeach), 1 at 12gns to Jj. Chambers (Sedgejnere), 1 at 20gns to J. Cogan ' (Waddington), 1 at lOgns to T. J. Hampton (Slitcham).

J. T. Croy (Oxford), one at flgns to It. 11. Tweqd (Burnhnrp). T. W. Broolfs (Brookside), 1 at sgns to W. Butcher (Otago Central). H. :W. J. Adams (Greendale), 1 at 14gns to J. Brpoka (Irwell), 1 at I3gna to H. G. Fetriq (Woodeiid).

E. P. Adams (Qreendale), i at 9gns to E. A; Harrison (Spotswood). J. Brooks (Brookside), 1 at 9gns to Y7. Stott (Darfield). yv. and A. Campion (Highbank), 1 at llghs to Godfrey Hall (Hororata), 1 at QJgns to Frizzell Bros. (West Eyreton). J. H. Pannett (Springston), 1 at sgns to B. M.. Tweed (Burnham). 11. J. Andrew (Maheno), 1 at Signs to J. A. Adams (Greendale), 1 at 65gns to C. and T. Anderson (I>nlmeny), 1 at 37Jgns to H. H. K inch am (Hawarden). I\. J. Jenkins (Sheffield), 1 at lOgns to J. Tetrio (Swannanoa). * CORRIEDALE. Dqjgety and Co., Ltd., sold, on account of Hugh Elisor (Rakahuri), 1 at lOgns to A. Cowie (Woodgrove), 1 at 13gns to J. Hobcn (Culverden). 0. T. Evans (Tarura), 1 at 12Jgns to H. A. Reese (Woodgrove). G. Johnstone (Ruapuna), 1 at lOgns to A. Pithie (Allenton). W. Rayner (Masterton), 1 at 12gns to E. S. Taylor (Ravenswood). National Mortgago and Agency Co., Ltd., sold, on account:— W. Rayner (JTaSterton), 1 at 7Jgni to B. Todd (Waipara).' The New Zealand Loan and Mercantile Agency Co., Ltd., sold, on account of:v-. J. Clinton Stringfellow (Greytown),. 1 at lOgns tp Cochrane Bros. (Asliburton). H. Matson and Co., sold, on account of:— W. Bayner (Masterton), 1 at 15gna to W. Letham. (Lauriston). BOMNEY-MARSB. ■ H, Matsoß and Co., aold, oh aeconnt of.-r-Canterbury Agricultural College, Lincoln, 1 at 14g)is tQ G. Glddings (Fairlte). SHROPSHIRE. Dalgety and Cp., Ltd., acid, on account of Charles (Timaru), 1 at lQgns to (Milton), 1 at SOgna to S. Cox end Son (Lyndhurst). National Mortgage and Agency Co., Ltd., aold, In conjunction with Pyne, Gould, Guinness, Ltd., on account of:— Charles "Parry (Timaru), 1 at 9gns to the Canterbury Agricultural* College, Lincoln. Pynf, Gould, Guinness," Ltd., aold, on account of:Cochrane Bros. (Elgin), 1 »t lOgna to R. A- Hob en (Culverden). ENGLISH LEICESTER. cowft 1 of — Ula ' Guinnes ?> W., sold on acJames Reid (Darfleld), 1 at S7}gns to Sir R. Heaton Rhodes (Otahuna), one at llgns to J. CJucaa (Horqrata), College, 1 at 21gna to G. O. Rutherford (Oonnemarra) n« A ' §• ®] w6rt ]>y (Timaru), lat 22gns ta G. Gerard (Snowden). W. J. Holland (Timaru), 1 at 7gns to Ja». Stevenson (Flaxton). P'slgety and Co., Ltd,, sold on account of: H. J. Andrew (Maheno), I at 86gns to J. E. P. Cameron (Timaru). t J: ?***? (Timaru), on 6at 16gna to J, 0. Biadee (Temuka). on<l a ' 21«»s to McDonald Bros. (Methven). Canterbury Agricultural College, ' one at iSgns to G. 0, Rutherford (Cohnamarra). n/'i. V E'worthy jTimaru). lat 25gna to Pawaey a Estate (Hawarden), 1 at 20gns to T. S. Morrin (Blenheim). National Mortgage aqd Agency Co., Ltd., aold on accotuit of:— Jamea Beid (Darfleld), 1 at Bgns, and 1 ? T t „ 10 l, n3 t0 J - Bonifunt (Wakanui). N Farmers" Association of Canterbury, Ltd., gold On aciaount of:— J. .Beid, 1 *t 9gna to P. Y. Bailey (Springston). • , • It. J. Low (Mt. Hutt), l et 6gna to the estate of G. Sheat (Dunsandel). H. Matson »nfl Qp. sold on account of:—r H * Andrew, 1 »t ,22gns to <3. Gerard, one at lVJgns to W. J; KeJland (Tinjoni). side) ' to A ' ® ennett (Elver--1 «t 6gna to «• r,». q. O. T. Rutherford, 1 at 14gns to J. Bonifant. .W- Lagam (Lauriaton), 1 at 8gn S to H. Oliver (Hororata), 1 at SOgns to G, O. Rutherford. , _f- 'S- Elworthy, l__at IBgns to Godfrey to V. Craw (Ohorlton). _ W. J. (Timaru), 1 at lOgns to W. Allen (Ruapuna). N.Z. Loan and Mercantile Agency Co. gold on fceount of:— - A; B. Blworthy. 1' at SOgns to C. O. T. Rutherford, 1 at 22gn* to W. J. Jenkins. Ju, Ittlii 1«t JSgns r to w, J. Holland (Ttawul, . . LINCOLN. The N.Z. Loan and Mercantile Agency Co., Ltd., aold on account'of:— Canterbury Seed Co. (Leeston)( 1 at 6gns to J. H, Williams (Ellesmere). . Wm. Bayner (Masterton), 1 at 18gna to G. Q. Rutherford (Oonnemarra). Dalgety and Co., Ltd., sold on account of: W. Rayner, 1 ait 14gna to (j. O. Rutherford. H. Matson and Co. aold on account of:— (BmJwnfiefdi 1 at 15gns to J. B. Starkey BORDER LEICESTER. Messrs Pyne, Gould, Guinness sold on account of : J. L. MacfarUne (Waiau), 1 at lOgna to J. M. Johnston (Eifblton). Canterbury Agricultural College,. 1 at Bgns to Crotty jpros. (Geraldine). The National Mortgage and Agency Co. aold on account of:— Col. John Findlay (Eiffelton), 1 at 20gna' and 1 at 6gna to S. G. Lemon (Lauriston), 1 at Sgna to the Loaj and Mereantile Agency, as agents. . Dalgety and Co., Ltd., sold on account of: J. L. Macfarlane (feyndon), l at lSgns to Nixon'a Estate (KUlijchy). J. L. Macfarlane; 1 at 16gna to R. and J.; Gunn (Racecourse Hill), 1 at IBgns to •J. M. Johnston (Eiffelton). H. Matson and Co. sold on account of: 1 — J. M. Johnston (Eiffelton), 1 at 9gna to R. A. Kidd (Waiau). FLOCK EWES. SOUTHDOWN. Pyne, Gould, Guinness, Ltd., sold on account of:— . D. W. Westenra (Dunsandel), 10 three-shear at ligns, 5 four-shear at ligns. Dalgety and Co., Ltd., Bold on account of: Madeley Brba. (East Eyreton), 3 two-shear at ligns. Alexander Anderson (Aehburton),' 5 two and tLree-shear' at at Ugns. .»:>■■