COMMERCIAL

Hawera Star, Volume XLV, 22 August 1925, Page 10

COMMERCIAL

STOCK MARKETS FATS "FIRMER. A GENERAL IMPROVEMENT. This week again there is not a great .'ea l of change to record, but probably the outstanding . feature has been the further rise in price of fat stock, due to the rea| scarcity of fat cattle. Naturally this scarcity has been followed v,- a' fresh hardening of prices. It is almost impossible to get real-.y fat stuff. The. rise has l>een from 20s to :-,os per head. Fat cows, too, are very hard to precure, and have advanced for prime stock to over £lO. Another feature is the shortage, too, cl’ young steer cattle, so that the graziers have found it hard to fill up alter disposing of their topped-off cattle. It appears that after the pommarket for beef a year or so ago farmers were shv of. breeding too many cattle, and this apparently has been iargelv responsible for the present position. Store cattle, therefore are in strong demand and good prices obtained. Dairy cattle are selling well, and close-up cattle are especially well competed for by farmers in need of more stock fo.r their herds. Backward stock are meeting with a poor response. The sheep market shows little change. Ewes generally are close up to lambing, or have tombed, and consequently they cannot, be moved, and little business is being done. The dairy produce market, which is y-ry strong, is having a considerable effect on the position. Generally speaking, trom the farmers’ point of view, conditions are very good, and the prospects are excellent.

The New Zealand Loan and Alerc-an-tile Agency Co., Ltd., Hawera Rauch, reports as under: At Opunake, on the 17th inst., we held our fortnightly sale, when e\ervthing submitted was sold up to vendors’ prices. We quote: Atedium springing heifers £5 os to £B, medium yearling heifers to £3 7s Ud, weaner pigs 15s to 245. At Palmer Road on the 21st inst. we held our fortnightly sa.e. There was a good demand tor he.fers close up, but backward sorts were dull of sale. We quote: Forward tows £3 to £4 9s, lafc cows to £9, medium Jersey in-calf heifers £8 to £lO. During the week any sheep and cattle offering hate changed hands freely. Fat tatt.e have haidened and are in short supply. Prime fat bullocks £l3 to £l4 10s, lighter fat bullocks £l2 to £l3, fat cows and heifers £8 10s to £lO, prime fat wethers to £2 ss, prime fat ewes to £1 16s, f.f.in. ewes in iambs to Southdown rains £2 2s to £2 ss, f.f.in. ewes in lamb to Romney rams £2 to £2 3s.

WOOL SALES. Messrs. Dallgety and 00., Ltd., report that the first clutching safe \vt»> held at Wellington on Tuesday, the total ottering of till brokers being 180*) hales. Prices recorded were generally better ’than anticipated, Japan, Australia and local buyers competing freely oil all super lots offered. I lie two former buyers were especially active, and took practically all tire good lot* catalogued. Bradford was in the market but did not hold high enough limits to secure many good lots. Local scourers were bidding freely and took a fair proportion of the medium cruti hings, bellies and pieces. Flench competition was pronounced on lambs’ wool of good to medium <j utility, also on good pieces, and bidding from this qua. ter was .moist valuable. Price* generally for crutchinge, bellies ami pieces were most satisfactory and ahead of Loudon parity. Only .a small amount of fleece wool was offered, quality and condition being inferior lo medium. On such a small offering a reliable quotation cannot be given. The official range of prices was: Orutdhin gs, superior Did to lUijd, medium to good Up! to Did, .seedy arid inferior 4d to tiki.

STOCK MARKET REPORT. Messrs. Newton King. Ltd. report as u ltder: On Thursday, July 80, we held a clearing sale on behalf of Mr W. Fulcher at Ofhura. There was a huge attendance of buyers, and we report a most, successful side. Quotations: M.S. hoggets 27* Del, cull! lioggeb* 17* 6d, 2 and 4-tooth wethers 87s, 4-year ewes 35s 5d and 34s 9d, 2-year steers £5 3s, 4 and 5-yoar bullocks £7 17s. Parra tools and sundries at usual price**. On Tb.ur-.tlay. .August (>, we held a clearing sale on account of Air. J. Christiansen, Wharehuia. Air. Chris-j tiansen bad been farming at AVharehuia for over 30 year’s, 'and had built up a fine 'herd, of emvs which averaged just on £l3 under the hammer. The yearling heifers realised £5 2s, while sundries realised • satisfactory prices. On Friday, August 7, we held a. clearing sale in. our Stratford yards on account of Air. Tnibv King, who has sold his Toko farm. . There was a large attendance of buyers and the whole herd of 104 cows averaged £lO 10s. • On. Saturday, August 9, we held a

sale on behalf of Mr. H. G. Bennett, oif Kohuratahi. Thus .sale' was held in our Stratford yards. The cows were off verv hilly country .and averaged £lO os.* „ , Douglas sale, August 10.—Owing to the wet weather only a moderate yarding came forward. * Quotations: M.S. hoggets 2Ss 6d, ewe hoggets 30s 6d, 3year steers £5 os, 2-year wfceers £3 IGs, dairy cows up to £B. On Wednesday, August 12, we held a clearing sale on behalf ot Mr. E. Browne, at Tututa.wa. There was a good attendance of buyers, the cows, which came off very hilly country, I averaging £9 19s. In-calf heifers made up to £l2 10s. Ohura sale,. Thursday, August 13.We leport a good yarding of both .sheep and cattle, and practicalJv a. full clearance under the hammer. Quotations: Ewes (in lamb) 38s Ud down to 29s 6d tor poor sorbs, hoggets 2/s sd, 2 and 4toc tli wethers 365, 2-year steers £4 16s, 3-year steers £6 7s to £6 10s, 4 and 5year bullocks £8 4s to £3 6s, dairy cows Up to £6, yearling heifers 355. On Monday, August 17, we held a ,srdc of .sheep on behalf of Mr. A. J. Stone-Wigg, at T'e Wera. Buyers were in aititondance from all parrs ol laranu,ki, and also from tiho Wanganui and Feilding disbr.icui. We report a very satisfactory sale, the prices realised being as follows: f.f.m. we titers 37s 3d, 4 a.ndi 6-tooth wethers 86s 9d, 2-tooth wethers 35s sd. m.a. ewes 41s 9d, do (lighter .sorts) 32s 7d, 2-tooth ewes 36s yd, m.s. hoggets 27s 2d, cuL eves 2ts, ciill wethers 29s 4d. Stratford sale, T uesday, August 18. We report a full yarding of store cattle, which, were readily cleared under the hammer. Fat cows up to £7 10s, forward cows to £5 15s .and stores from £2 Ss up, yearling heifers sold from. £2 12s up to £4 lor good .sorts. In the daily pens a large number of cattle were penned, but owing no doubt to the shortage of food only a few buyers were in evidence. DAIRY PRODUCE. The New Zealand Loan and Meican. tile Agency Co., Ltd., leports having received the following cablegram from its London house, under date August 19- —Butter; New Zealand, choicest salted and unsalted 196 s to 198 s per cwt., exceptionally choice 2(X)s; market slow. Cheese : 106 sto 108 s per cwt.; market slow. MELBOURNE MARKETS. <Y OA F.IjE —PPrsa »sonrMfrov--COPYBICHT MELBOURNE. Aug. 21. Wheat, 6s GUI to 6s, 7d; barley. English 5s 3d to 5s (id, <laipe 4s to 4s 3d; oris, milling 2d 9d to 2s lOd, teed 2s 7/| ,to 2.s 8d; potatoes £9 10s to £10; onions £lB to £l9 10s. DAIRY PRODUCE PRICES. SY OAKUR —PUEB9 l SSOOT » TTOX—COPYBTCTTT LONDON, Aug. 20. The butter market is quiet after good trade in the early part of the week. New Zealand choicest salted is quoted at 196 s to 2095. and Australian at 190 sto 1945. Unsalted are at a premium of about 2s. Danish is quoted at 2145. The cheese market is slow. New Zealand is quoted at 106 s to 108 s, and Australian at 1049 to 106 s.