LIVE STOCK MARKET

Dominion, Volume 23, Issue 52, 25 November 1929, Page 14

LIVE STOCK MARKET

FEILDING SALE At the Feilding sale on Friday, Messrs. Levin and Co.. Ltd., had a small entry of sheep and an average yarding of cattle. Sheep sold on a par with recent sales, but the cattle sale was 'dragging, the majority of the big lines being passed in at auction. Dairy cattle again sold well when the quality of the offering was taken into consideration. Fat cattle met with very poor competition. There, were a few pens of very prime cows offered, but they were neglected altogether. The following prices were realised: —Fat ewes, 19/- to 22/-; do. (maiden), 24/-; fat wethers, 26/3 to 27/-; fat hoggets, 23/- to 30/-; f. and f. shorn hoggets, 23/5; fat cows. £10; fat heifers, £B/10/-; springing heifers, £7/17/6 to £B/10; heifers in milk, £10; empty store cows, £4/11/6 to £4/14/6; springing cows, £7/5- to £11; yearling Jersey bulls, £4/5to £5/10/-; 2-year bulls, £5/15/- to £8 10/-. Dalgety and Co., Ltd., report having a. fair yarding of sheep and cattle at their Feildlng sale on Friday, November 22. There was good competition for all sheep offered and a total clearance effected. Dairy cattle were again in keen demand, but bidding for both store and fat cattle was dull, and a number of lines were passed at auction. Quotations: Fat b.f. two-tooths, 24/-, 24/4, 24/6; fat wethers, 26/7; fat ewes, 18/6, 19/-, 19/6: b.f. twotooths, 18/1, 20/-, 21/9; two-tooth wethers, 32/2. 23/6: empty store ewes, 10/1, 11/6, 12/10, 13/2, 14/-; springing heifers, £B, £B/10/-, £9, £9/10/-, £lO/10/- to £11; springing cows, £9, £9/10/-, £lO/10/- to £ll/5; empty cows, £3, £3/10/, £4/5/, £4/10/-; jersey yearling heifers, £6, £6/10/-, £6/15/-; fat cows, £7, £7/10/-, £B.

Messrs. Abraham and Williams, Ltd., report as under on their Feilding sale. The sheep entry was the smallest we have had for some time, and prices compared favourably with recent quotations, although fat sheep, if anything, showed an easing tendency. We yarded a moderate entry of cattle, which, taken all over, met with a fair demand. Store coWs maintained late rates. The fat beef pens were not filled, and the demand was fairly sticky, although most of the entries changed hands. Station cattle were yarded in fair numbers, but at auction pens were frequently passed, as vendors’ reserves were not reached. Dairy cattle sold well, and yearling Jersey heifers were in good demand. Prices were:—Sheep: Fat hoggets. 24/1, 24/6 to 25/11; shorn b.f. two-tooths. 18/1 to 20/4: E. store ewes, 10/1, 11/6, 13/2 to 14/7. Fat cattle: Fat heifers, £B/3/-, £B/10/- to £ll/10/-. Fat cows, £5/12, £6/15/-, £7/10/-, £7/17/6 to £9/7/6. Store cattle: Store cows. £2/7/6, £3/5/-, £4/12/- to £4/17/-; yearling P.A. heifers, £6/15/-; yearling Jersey heifers, £3/18/6, £4/17/6, £6/6/-, £6/15/- to £6/17/6. Dairy cattle: Dairy heifers, £9, £lO. £lO/10/- to £l3/10/-; dairy cows, £6/2/6, £7, £B/15/-, £9, £l3/10/- to £l6/10/-; yearling .Tersev bulls, £3 to £7/5/-; two-year-old ditto, £5/10/-, £6/5/-, £8 to £B/5/-. SYDNEY POTATOES Sydney, November 23. The heaviest slump in the potato market for years occurred yesterday, when, to enliven a stagnant market, sellers cut the price of the new season’s tubers by £lO to £l7 per ton. Sales were slow even then. CALCUTTTA TEA SALE At the Calcutta tea sales on November 13 40,536 packages were catalogued, including 7400 Chests of dusts. The chief districts contributing were Assam, 19,939 packages, and Dooars, 9822. The selection offered showed a slight improvement in quality, with some of the Dooar teas possessing early cold weather character. The market opened with a firm tone, and last week’s prices were generally maintained, except for plain liquoring Assam brokens, which met less inquiry, and at the close of the sale there was a marked decline of six pies to one anna. Well made leaf teas met good support, and were firm to occasionally dearer. Tippy 8.0. pekoes were again easier, and declined about one anna. Dusts were very irregular, prices tending in buyers’ favour. AUCTION SALES TO-DAY. 8 Willeston Street, 1.30 p.m.—Sale of furniture (E. Johnston and Co.) White’s Hotel, Foxton, Il a.m. —Sale of land, Main Street, Foxton (A. and W„ Ltd.) Mauriceville, noon.—Snle of brickworks (W.S.’ and Co., Ltd.) TO-MORROW. W. Currie’s Yards, Ashhurst, 12.15 p.m. —Sale of Ashhurst properties (Dalgety and Co., Ltd.) Waipukurau Saleyards.—Sale_ Hatuma property (Williams and Kettle). Levin Sale. —Stock sale of Shorthorn cattle. On the property, Kelly Street, Inglewood. 12.30 p.m.—Closing business snle, account A. C. Surrey (Newton King). WEDNESDAY. Johnxoeville, 1 p.m.—Fat stock sale. Duigati and Co.’s Rooms, Wanganui, 2 p.m.—Snle of property, Gordon Park (W.S. and Co., Ltd.) State Fire Office, 2.30 p.m.—Sale of lease Education Reserve (Commissioner Crown Lands). Vogel Street, Woodville, noon.—Sale of land (J. L. Bennett, Ltd.) McKenna’s, Lambton Quay.—Sabs of tutiqueo.

DAIRY PRODUCE LONDON MARKET BUTTER QUIET; CHEESE FIRM London, November 22. Butter is flrm, and in slightly better demand. Danish is 190 s. to 1925.; choicest salted New Zealand, 1725. tow 1745.: Australian, 170 s. to 1725.; unsalted, New Zealand, 182 s. to 188 s., and Australian 1765. to iSOs. Cheese is also firm. New Zealand coloured, 945. per cwt., white 965. N.Z. DAIRY BOARD'S REPORT. The butter market is quiet, and cheese firm, retail prices, being unchanged. This advice was received on Saturday by the New Zealand Dairy Produce Board from its London office. Deliveries of New Zealand butter during the week ended November 22 were 1461 tons, the quantity in store being 4524 tons, as against 3600 tons a year ago. The Karamea completed discharging her butter on November 16. Deliveries of New Zealand cheese during the week were 14,331 crates, tlie quantity in store being 23.414 estates, as against 24,500 crates a year ago. Deliveries of Canadian cheese totalled 24,801 boxes, the quantity in store being 202,833 boxes compared with 125.948 boxes a year ago. The Dairy Board's London office reports market prices for the week ending November 22. with those for the previous week in parentheses, as follow: — BUTTER. New Zealand, salted 169/- to 174/- (170/to 174/-), unsalted 186/- to 190/- (182/- to ISS/-) ; 169/- to 174/- equals approx. 1/45 f.0.b.; first whey, 162/- (162/-); second whey, 160/- (160/-). ' Australian, salted 168/- to 172/- ex 173/(168/- to 172/-), unsalted 178/- to 182/(176/- to 180/-). „ , Argentine, unsalted 174/- to 1(6/- ex 178/- (172/- to 176/-). Irish cream, salted 171/- to 172/- (172/-), unsalted-176/- to 178/- (176/-). Danish, 185/- f.0.b., 190/- spot (182/-, 188/-, to 190/-). Dutch, unsalted 192/- to 1945. (188/- to Siberian, 166/- to 168/- (166/- to 168/-). Ukranian, 162/- to 164/- (168/- to 179/-). Polish, 150/- to 164/- (152/- to 162/-). CHEESE. New Zealand, white 95- to 96/- (93/- to 94/-), coloured 93/- to 94/- ex 95/- (92/- to 93/-); 93/- to 96/- equals approx. 9J(I. f.o.b. Canadian, white and coloured 96/- to 98/(95/- to 98/-), c.l.f. 93/- (93/-). English, finest farmers, 104/- to 112/-. AGENTS’ REPORTS. M. A. Eliott, Ltd., Palmerston North, have received the followiug cabled advice from their London agents:—Butter; Market quiet; New Zealand salted, 169/- to 174/-; unsalted, ISO/- to 188/-. Cheese: Market firm; white, 95/- to 96/-; coloured, 93/- to 94/-. A. H. Turnbull aud Co. have received a cablegram from their principals, Messrs. W. Weddell and Co., Ltd., dated London, November 22, giving current quotations, with those for the previous week in parentheses Danish butter, 190/- (188/- to 190/-; New Zealand unsalted, 186/- to 188/- (182/- to 188/-; New Zealand salted, 169/- to 174/- (170/- to 174/-); market quiet. New Zealand cheese, white, 95/- to 96/- (93/- to 94/-); New Zealand cheese, coloured, 93/- to 94/- (92/- to 93/-); market firm; Canadian cheese, white, 96/- (95/to 98/-); Canadian cheese, coloured, 98/(95/- to 98/-). Amalgamated Dairies, Ltd., on Saturday received the following market report from their London office;—Butter: Our prices unchanged ; Anchor, 176/-; market quietly steady; Danish, 185/-. Cheese: White, 96/-; coloured, 94,/-; market quiet at advance. LONDON WOOL SALES PRICES MAINTAINED London, November 21. Offerings to-day were. 10,734 bales, of which 1403 were New Zealand. There was a large and representative selection of greasy merinos, prices for which were maintained. There were some withdrawals owing to high reserves. New Zealand greasy merino, Taradale, brought 15Jd. to ’ London, November 22. . At the wool sales 11,021 bales wore offered, of which 2916 were from New Zealand. There was a good representative offering of greasy and scoured merinos, and a large selection of average style of slipes and scoured crossbreds. The tone was good and there was strong general competition, prices being maintained. The following are the best prices obtained HBMC/Oaklelgh, finest balfbred lambs, 21d., best greasy crossbred 16d. BRADFORD TOPS London, November 22. Bradford tops market is unchanged. One or two cheap sellers are depressing merino prices. Low crossbreds are slightly harder. Quotations: 64’s, 34d.; 60/s, 32d.; 565, -.(id.; 50’s, 23d.; Ill’s, 201 d.; 40’s, 20(1. U.S. WOOL TARIFF Washington, November 22. The Senate, by a vote of 44 to 26, adopted a dutv of 34 cents per pound on raw wool, similar to the figure the House of Representatives approved, and four cents above the present rate. LONDON RABBITSKIN SALES DEPRESSED MARKET London, November 22. The rabbit skins sales were very depressed. The attendance was poor. Of 3000 bales offered 900 were sold. Furriers’ sorts declined 20 to 30 per cent., compared with September; hatters’ sorts were down 35 per cent. / The New Zealand Loan and Mercantile Agency Company, Ltd., have received the following advice from their London office, dated November 22:—New Zealand rabbitskins' Fair demand; summers, 23d. to ”6d • light racks, 30d. to 46d.; autumn fair’pelts, 34d. to 40d.; autumn bucks, ”Gd to 32d.; first winter bucks, 41d.; first winter does, SOd.; second winter bucks, 36d.; second winter does, 45d. to 67d. RAW MATERIALS (Rec. November 24, 5.5 p.m.) London, November 23. Friday’s closing prices for the following raw materials were as follow, those for November 15 being given in parentheses :— Cotton. —Liverpool quotation, American middling upland, December delivery, 9.40 d. per lb. (9.28 d. Rubber.—-Para, 81d. per lb. (BJd.); plantation smoked, 8 l-Bd. (Bid.)_ Jute. —November-December shipment, £27/5/- per ton (£27/12/6). Hemp—None offering (high point, fair, nominally £33/5/- per ton). Copra.—December-January shipment, South Sea, £2l/15/- per ton (£2l/2/6); plantation Rabaul, £2l/17/6 per ton (£2l/5/-). Linseed 0i1.—£44/10/- per ton (£44 5/-). Turpentine.—42/- per cwt. (41/9). BRITISH EGG MARKET London, November 22. Discussing egg market prospects Mr. J. B. Morrett, a director of tlie Australian Egg Export Company, says that the Merchandise Marks Bill has interfered considerably with sales of Australian and New Zealand eggs. Buyers naturally favour the British article, as the stamping of Australian and New Zealand eggs has created suspicion regarding their quality. TALLOW MARKET There will be no public sales of tallow In London this week, according to cabled advice received on Saturday by Dalgety and Co. LicL, from their head office.