EXPORT FAT LAMB

Press, Volume XC, Issue 27279, 20 February 1954, Page 8

EXPORT FAT LAMB

ADVANCE IN PRICES FOR SOUTH ISLAND An increase is anounced in th* lamb export schedule for the South r land. Operative as from Monday rise of Id per lb will bring the on-hJS* price to farmers to 20id per lb /I « 2s 7Ad for a 361 b lamb. At the time shorn lamb deductions have increased Id to 44d per lb maximum This increase is the schedule as them* come of increased wool pullings and n of any movement in wool or felt v=i. * The full schedule of prices at the est Marlborough. Canterbury, and Ot works is as follows: "

BRADFORD TOPS QUOTATIONS

(N.Z. Press Association —Copyright) LONDON, February 18 Bradford tops quotations are as f o i lows:—Merino: 70’s, 148 d per lb; 64’s, lasw’ 60’s, 126 d. Crossbred: 56’s, 94d; 50’a. W 46 s, 77d. * ■

COMPANY NEWS

Ampol Petroleum.—The directors ad. vise that because of the lateness of post.

ing. entitlements to shareholders, it ha been decided to extend the closing date for applications to 5 p.m. on March 5 In respect of transactions in rights effected up till that date renunciation forms win be accepted up till 5 p.m. on March 12-

Milne and Choyce.—An interim dividend of 5 per cent, is payable on April 1 and ex March 25.—(P.A.)

Ross and Glendinlng.—An interim div!, dend of 4 per cent, is announced, psyahit March 11, and ex February 25.

STOCK SALES

STUDHOLME JUNCTION (From Our Own Reporter) WAIMATE. February 19. There were small yardings in all bk. tions. except store sheep at the stock sale at Studholme Junction. Fat ewes showed an appreciation in value of up to about 2s a head on the last sale. Lambs comprised the bulk of the entry in the store section, and sold under a keen demand at satisfactory rates. The demand for the small entry of cattle was rathe erratic, but good prices were paid for quality beasts.

Values were:— Cattle.—Fat steers: best, £3B 7s fid to £4l 12s 6d; medium, £34 2s 6d to 12s 6d; light, £22 12s 6d to £29 2s fid. Fat heifers, best to £3B 7s 6d; ojhen, £l7 2s 6d to £2B 12s 6d. Fat cow?: good, £2l 12s 6d to £24 2s 6d; others, £l3 Ifi 6d to £l9 7s 6d. . Choppers, £5 12s fid; bulls, £8 15s to £2O.

Sheep.—Fat wethers, 61s 7d to 62s 7d; fat lambs, 65s Id; fat ewes, 23s Id to 33s 7d. Mixed-sex lambs, fat and forward, 48s to 58s. Romney cross wether lambs, medium, 39s to 45s 9d; small, 26! 6d to 335. Romney ewe lambs, good, 70s; three-quarterbred ewe lambs, good, 655: small .to medium, 48s to 50s; six and eight-tooth Romney ewes, good, 58s.

RANGIORA There was a yarding of nearly 90 head of dry cattle at the Rangiora stock market yesterday. Values were:— \

Black and white calvers: heifer, to £l2 ss, steer £7 10s to £l3 15s. (A lint of black and white yearling cal vet brought £25.) Jersey heifers, £l7 7s 6d to £l3 2s 6d; Shorthorn steer calves, £l2 5s to £l4 12s 6d; Jersey springing heifen, £3B 10s to £4l black and white springing heifers, to £42 10s; and white springing cows, £35 10s to <44.

GRAIN AND PRODUCE MARKET

(By Our Commercial Editor.) Small seeds markets remain firm to firmer. Whether the firming tendencies of ryegrasses is sustained after local and North Island requirements have bwm filled remains to be seen. Possibly » slight easing will be induced when most farmers’ lines are dressed. The white clover market Is fairly buof* ant, but this seed, perhaps more than any other, depends upon overseas demaija, and at this early stage it is impossible to say in which direction prices will Montgomery will come on a bare m*?' ket so far as North Canterbury * 8 O ol ' - cerned, and prospects appear to be good. Browntop is fairly firm at present fully 3s 6d per lb for certified lines. Quotations to Farmers .Quotations for small seeds and varku.' lines of prodqce are as follows: Wheat.—Hs 6d a bushel, Jan., ret and March (on rail, grower’s nearest UCing), with the usual variety increment plus the monthly holding increment#. Ryegrass (M.D.) —Certified P e £® nn .*J. mother seed, 22s 6d a bushel; p.p., 211 w. uncertified. 10s. Ill: mother seed, »»•. standard, 18s; uncertified 10s. mother seed, 16s; standard, las; unceru' fied, Ids. J h White Clover’(M.D.)—Mother seed, » 2d per lb; p.p., 3s; uncertified, » Red Clover (Cowgrass).—2s 3d per m Cocksfoot—ls to 3s per lb, certilti depending on quality. . Oats.—Gartons: 6s 6d to 6s 9d a according to quality. Algerian: as •# » 5s 9d a bushel: Duns: 9s to 10s a busheBlack: 8s to 9s a bushel. Lupins.—6s to 6s 6d a bushel, on (sacks extra).

LONDON METAL QUOTATIONS

Lambs Prime— 20/36Ib d per lb. .. 2o; 43-501 b .. 20 J - Xi Seconds— .. 19 All weights .. 192 LONDON WOOL FUTURES (N.Z. Press Association—Copyright) LONDON, February 10 The wool terminal market steady. deed vtrj Quotations are:— Buyer. Sellnr. March •• d. per lb. .. 143J d-perib. May .. 139J 140 September 135; 1371 1351 October .. 134 1341 December .. 132; January May .. .. 130J .. 128 131| 1281 July .. 126; 126J

(N.Z. Press Association — Copyright) LONDON. February I* London metal quotations are.— Buyers* TinSpot .. 670 0 0 673 10 • 0 645 0 » Forward .. 643 0 Spot Forward .. 82 0 .. 81 5 ? ej: Zinc— Spot Forward Copper— .. 71 10 .. 70 5 j W Spot .. 235 0 Forward .. 217 10