NEWTON KING REPORT

Hawera Star, Volume LII, 28 January 1933, Page 10

NEWTON KING REPORT

The report of Newton King Ltd., states: The advance in the export schedule occasioned by the higher exchange rate is reflected in activities throughout the live stock market, and a general appreciation in realisations .is noticeable. Doubt is expressed, 'however, as to the longevity of existiing rates and many continue to disIplay caution in their operations. For the" most part business of any magnitude is confined to the sheep section and although quotations have advanced, business in keeping with most holders’ ideas of values is readily comole ted. in volume lambs occupy pride oi dace. Hope lambs are most keenly sought and the demand is most diffi:ult to satisxy. Increased trading vith breeding ewes can be reported. \ notable feature is the limited na:ure of supplies of young sheep, weth>rs especially being conspicuous by heir absence. The Recline in tavoiu if black-faced rams together with a ■orresponding improvement in the cteuand for Romneys that was noticciblc at a recent southern ram fair, en-1-orses file opinion concerning a shortige of young white-faced slieep, ancl the comparatively small entries ol voting ewes for- the fairs seem assured if spirited competition. A slight advance in quotations 01 aeef is noticeable but little export business is being entertained owing to freezing buyers concentrating their actention on the lamb and mutton sections. Female cattle continue to find most favour with butchers and wellbred prime cows and horrors are quoted at from £5 to £5 os, with lighter £4 10s. Oddments of l'ats irom dairy herds offered under the hammer realise irom £2 15s to £4, the freezing schedule being ox 18s, first cow heel 10s 6d. An all-round advance in values u: the mutton section can be reported The freezing rate for first lamb is now old to 861 b, while 4id is offer mf. for seconds, wethers being worth approximately 16s and ewes 7s. Ile;iuirements for local consumption arc. being filled at a little dearer rate. There is little to report in the store cattle section. Yardings, although fairly large, include little outside the usual dairy farm oddments. These are largely accounted tor by works buyers" and values have hardened. Doners realise from 17s to 32s and meaty sorts 25s to £2 ss. As yet the demand for weauer heifers is not strong enough to tempt tins class on to the market. Inquiry, however, shows an increasing tendency and sales during the week included a line of 100 to a 4\ aikato buyer at an average of £2 a head. The Inglewood sale on W ednesday drew a small entry of weaners, Jerseys of medium quality making from 27s 6d to 295, while a line oi welldone Friesian heifers made 2vs. A good yarding of sheep was also submitted- and a total clearance at prices in sympathy with the increased exchange rate was effected under the hammer. Lambs came in for .solid support, especially those suitable for rape feeding, ana in some instances realisations exceeded expectations. Hie entry of ewe consisted largely of full and failing-mouth sorts, and those carrying condition met with strong competition from works buyers, while the better mouth sheep when offered in small lots met competition from dairymen. .Realisations were: hat. lambs 14s 4d, fat ewes 7s to Hs, goou 4 and 5-year ewes 11s, mixed-age ewes 10s Id, sound-mouth' ewes 7s 2d to 8s Id, failing mouth and culls 4s 7c. to 6s 7d, good rape lambs 11s, medium 8s 5d to 9s Id, stores 6s 7d t.p 7s 4d, cull 5s 3d to 5s 4d, well-bred ilonmey ewe lambs 11s 6d. The Ureuui sale on Monday drew an average yarding in all departments. A small line of fat wetliers was included in the offering and sold under spirited competition at 16s, cull mixed sex lambs making 5s lOd. Works bulls sold at from £1 10s to £4 -according tc weight. Light fat heifers made £3 4s. fat cows Jersey sorts £2 12s to- £3. meaty cows £2 to £2 6s, boners 14s to 27s and 2-year steers of mixed .olours £2 ss. The Itahotu sale on Thursday drew a good entry of pigs which met with xeeu competition. Large stores in good condition made to 23s 6d, slips 14s to 16s, weaners 8s to 11s 6d. A miall entry of sneep was included, fat and forward lambs making 12s fat ewes 7.s 4d, 4-tooth, 6-tootli and full-mouth ewes Ids, full and failingmouth 6s Id to 7s 4d, culls ss. Fat cows, Jersey sorts, made £3 to £1 Lis, light £2 5s to £2 10s, boners' ,ti Is to £1 7 ami works bulls £3 3s to £4 4s, . Prices in the pig section have been influenced by the recent rise in export schedule but only large stores have shown any appreciation in value, prices lor weaners having a receding tendency. This is due to the easing off of feed supplies. Tli? New Plymouth haymarket sale yesterday drew a capacity yarding, the majority oi the entry consisting o.f weaners. These wore dull of sales and lovve: prices than last week’s realisations were recorded. A te>tal clearance was effected. Porkers made to 325, large storesin good condition 20s to 225. lighter- . jonditioiicd sorts 16s to 19s, slips 15s, I rell-done weaners 10s to 13s. medium 17s 6d to 9s and small 5s to 6s.