COMMERCIAL

Gisborne Times, Volume LXXX, Issue 12263, 26 May 1934, Page 2

COMMERCIAL

MATAWHERp STOCK SALE BRISK DEMAND IN SHEER SECTIONS', ' Brisk competition for store sheep at the Matawhero stock sale yesterday resulted in values having an improving tendency. Second grade f°i owes were in keen, demand and values were maintained STORE SHEEP. The entry was .2500. The sale was very brisk, with values firm to improving. Lambs sold to 16,s 3d for a small pen .of woollies, while a few forward Boutlulowns brought 16 s 10d. Messrs Hutchinson Bros.’ attractive shorn lambs made 15s 2d. Breeding owes sold at 20s 5d for good 5-year sorts, and 19s 2d for 4 and 5-year, others ranging -from 15s to 17s. .Empty ewes ranged from 9s to 18s Lcl, according to condition, while wethers ranged from 15 s 2d to 18s sd. Lambs: 384 shorn wethers, mostly good size, good store condition 12s Hd; 89, good size, shorn, forward, 13s 9d; 219, big frame, shorn, lusty account of Hutchinson. Bros., 15 s 2d; 169, good frame and condition, high country, 14s 4d; 28 good Southdown s Ids 10d ; 53, good class, woolly, 14s; 12, big forward, woolly, 1.6 s 3d. Wethers. —180, fresh condition, 18s sd; 25, good fresh stores. 17s 2d. Breeding ewes.—l2s, 4 to 5 years, fairly good condition, 16s 3d; 115.2 and 4-th.* a few 6-th., sonic small, in good condition, 17s; 127, 48 5-year Rylaiid rams, good frame and condition. back country, 19s 2d; 41, up t° 5-yr., Southdown rams, fairly good condition. IBs Id; 32, 6-yr, good condition 15s; 35, Southdown rams, full of condition, 5-yr.. 20s sd. Empty ewes.—26 at IDs lid; 32, medium condition, 9,5; IS, fairly forward. 11s -sd; 26, good frame, medium condition, 1.3 s 6d. There was an entry of 364. lor Which values were -maintained. Ewes made 14s 9d to 18s Id, while, second grade we're in keen demand at 12s 2d to 14s. No fat iambs or wethers wore yarded. Prices:— First grade ewes.—3 at 16s. 15s fid: 46, 18s Id; 40. 16s 3d; 20. 16s Ad; 14. 15s lid; 56,15 s 3d; 17. 15s 2d: 17. 15 s 3d; S. 15 sd: 6. 14s 94 Second grade ewes —l6 at 12s 8d : 24, 14s; IS. 13s 94; 31. 12s lOd: 27. 12s 2d.

STORTFORD LODGE HASTINGS, May 24. Prices were much on a par with last week’s in the fat cattle section at to-day’s sale at Stortford Lodge, when a moderate yarding came forword. The demand was steady throughout the sale, with local and export buyers operating. Very few entries were passed in. Bullocks, medium to prime, ’£s ns to £7 13s 6d; others, from £5; cows, medium to prime, £3 I6s to £4 ISs 6d; others, from £3 os; heifers, medium to prime, £4 4s 6d to £5; others, from £3 ss. Store cattle made late rates, with fair degree of inquiry from local farmers. Steers and bullocks, to £5; heifers, to- £2; cows, to £1 Is; Fat sheep showed an improvement, lambs and ewes making late rates, while wethers were -on ia par to slightly improved. Export competition was keen on lambs and ewes Medium to prime, 17s 6d to 20s; others, from 15s; wethers, medium to prime, 22s 6d to 265; -others, from 21s 6d; wethers, medium to prime, 22s 6d to 265; others, from 21s 6d; lambs, 16s to 3s Bd. Store sheep comprised chiefly lambs an-.

hoggets which sold at late rates, with slight improvemvent on some lines. Wethers were unchanged, while breeding ewes, which were few, showed little change. Wethers, to 225; lambs, to 18s 6d: ewes, to 23s 6rl.

WAIKATO MARKETS HAMILTON, May 24. No doubt the advent of winter has had the effect of driving largo quantities of both beef and boners to the yards. At the various saleyards during the week heavy yardings of both ox and cow beef have been -penned’. Unfortunately, there has been no improvement in price; in fact, some of the exporters have reduced their schedule by cutting out the advantage of second quality beef. The schedule at the works today 5s 6d for boners and 9s per 1001 b. for prime, with Is extra for cattle killed at Southdown or Westheld. Of recent months yard sales have been much in advance of this schedule, but notwithstanding large quantities of boners have been handled by way of cow drives. Store cows arc still being sought after, although at prices which show a big reduction on values of two months ago. During the week a yarding of good quality cattle in the Rotorua district attracted a good attendance of buyers, and prices throughout, especially for the steer section, were up to expectations. Further, a fairly, large entry of empty station-bred cows changed hands from £2 to £2 18s. At these figures they looked very good buying, Another special entry of station cows that have been pasturing with Polled Angus and Hereford bulls was submitted at Frankton this week, and here again keen interns: was displayed, and a satisfacter sale resulted.

In the sheep sections there have been smaller numbers of fat sheen, for which prices have shown an im~ provemvent. Store sheep have been in short supply with the exception of a few pens of store lambs, for which only medium competition was forthcoming. The big sedtion is showing signs of easing, 'and smaller numbers of fat pigs are being handled. STOCK AND SHARE MARKETS. (Press Association.) AUCKLAND. Ma.v 25. Sales on’ Change: Mahakipawa. 8d; do., pref., Is 2d; Mataki. 2s Id: Traders’ Finance, con., 2s 6d: Wairakei. 4s; Farmers’ Trading, 5s 4d; Commercial Bank, 16s 9d; Farmers’

Fertiliser, 19s 6d; Auckland Gas, | 86s 6d; New Zealand Paper Mills,. 30s 4d: New Zealand Newspapers, 30a 3d; Bank- of New Zealand .A.JL mortgage, 355; New Zealand Brow-' cries, 42s M ; New. Zealand Insurance. 63s 3d: Union Bank, £9 19s: Stocks. '1946-9, £lO6, ss, A 955 £lO9 ss; Nati'omA Insurance; ' 20s 7d; Winhi. '34s Id WELLINGTON. May 25; Bales on Change: National Insurance, 20s Gd; Sha-rland, pref.. 24-s: 4 per cent. Government stock. 1955. 1 £IOB Us: National Insurance, £1 Us fid; Alexander, con., 11-s 6d ; investment Executive Trust, second B. £95 10sCHRISTCHURCH, May *25. Sale-y on’ Change: TAB. and 'A. Bank, £5 Is 6d: New Zealand Breweries, cum. div., 42s 4d (2);' British Tobacco-. 37s 3d ; Dunlop Rubber, ISs 6j (2); Brian Boru. Is paid. 1« 6d; Golden Point. 3d ; Mriiiakipawa preference, Is Id (2); N«vis Diesel Electric, 4d. i DUNEDIN. May 25. Bales reported: 4 per cent, bonds. 194-9. .£lO6 2-s Cel; Brian Boru. Is 7d: Nevis Diesel 4d.