STOCK SALE

Press, Volume XC, Issue 27367, 4 June 1954, Page 14

STOCK SALE

ST, ANDREWS "The Press” Special Service TIMARU, June 3. Mixed quality fat cattle, totalling 130 head, offered yesterday met a demand less buoyant than that of the sale at Pleasant Point on Monday. Few store cattle were sold at auction. The yarding of sheep, mostly fat lambs and fat ewes, was the largest this season. Exporters were very active, and an excellent sale resulted. 4 The few store sheep offered also sold very well. Values were: fat cattle, prime heavy steers. £3B 2s 6d to £46 2s 6d; light to medium steers, £27 7s 6d to £32 17s 6d; Brime heifers, £37 17s 6d to £42 17s 6d; ght to medium, £26 17s 6d to £32 17s 6d; prime cows, £2B 2s 6d to £32 7s 6d; light to medium, £l5 to £24 7s 6d. Store cattle: bulls, £lO to £2O; 18 month steers and heifers, £22 10s to £26 10s. Fat lambs and sheep: prime lambs, 79s lOd to 91s Id; medium lambs, 62s lOd to 72s lOd; prime ewes, 55s Id to 68s Id. Light to medium eweS, 27s lOd to 35s lOd; prime wethers, 76s lOd to 84s Id. Store sheep; wether lambs, 58s 6d to 645; fullmouth ewes 56s to 64s 6d. AUCKLAND’S WOOL CHEQUE (New Zealand Press Association) AUCKLAND, June 3. Auckland’s wool cheque for the 1953-51 season was £9,567,961, an increase of £326,260 on last season’s gross proceeds of £9,241,701. The number of bales sold was 141,448, compared with 144,934 bales in 1952-53. Figures supplied by the Auckland Wool Brokers’ Association show that the proceeds from the final auction of the season, held on May 14, totalled £1,629,883, with an average price a bale of £7O 6s Bd, or 49.984 d per lb. The average price a bale of wool sold during the season was £67 17s Bd, compared with £63 15s 4d the previous season, while the average price per lb wa5.47.19d, as against 44d for the 1952-53 season. Taking the Auckland season as a whole, wool values were up by about 6J per cent, on those for 1953FIJI’S BIG SUGAR CROP The Colonial Sugar Refining Company, Ltd., expects that 1,260,000 tons of-sugar cane will be harvested in Fiji this year. This is second only to the record crop of 1953, when 1,444,363 tons of cane were harvested. The estimated crop for this year would yield some 170,000 tons of sugar. About 10,000 tons will be required for local consumption, and the rest will be exported. As there was a carry-over of stocks from 1953, there should be sufficient sugar available to meet Fiji’s export quota of 170,000 tons.