The Stock Market

Manawatu Times, Volume 60, Issue 175, 27 July 1935, Page 12

The Stock Market

The principal North Island sales of the past week arc reviewed: — Tat Cattle. Entries light, quality good and prices moved upward. Westfield reports a very short offering of only -150 head, (700 last week) shortage caused a sharp advance of 10s to 20s per head on bullocks and about'2s 100 on female cattle. Best bullocks made £lO, £ll 2s (id (it is obvious that the weights were not heavy). The supply of calves was far below requirements, and the greater part of the offering consisted of “bobby” and less than one month old calves. The fe .' heavy vealers in the market were keenly competed for, and the exceptional figure of 85s was obtained in 2 cases for genuine heavy vealers. Bobby calves sold for as much as Ss, and those suitable for the butcher's trade reached 30s. Runners made 15s to 07s Gd; vealers, 2(is to 85s; and bobby calves, 2s to Ss.

At Stortford Lodge, the entry was smaller than the previous week's and the quality was good. Ox beef sold irm at late rates. Cows and heifers advanced at opening of sale, but at conclusion had reverted to late rates. Bullocks: Med. to prime, £8 12s (id to £lO ISs. Cows: Med. to prime, £5 5s to £(i ss. Heifers: Med. to prime, £5 10s to £7 15s.

No entries of consequence in Wanganui or Mastcrton. Pat Sheep. Lntries were fair to light, values firm at late rates. Both Westfield and Stortford Lodge report rises on fat ewes of Is to Is (id. However, on comparison with previous weeks, Westfield report, the claim docs not appear to be substantiated. In the case of Stortford Lodge, it docs, appear correct.

Prime wethers made 23s to 20s Gd at Westfield, to 23s at Stortford, 2.Ls to 22s at Wanganui and 22s Gd to 21s at Mastcrton. Prime owes made ,16s Gd to 21s 3d at Westfield, 15s Gd to 22s at Stortford, IGs to 10s 7d at Wanganui, ■nd 14s to 15s 7d at Mastcrton.

On the fat sheep markets, a few hoggets are coming forward and making good prices, wethers are really comparatively dull and it is most surprising hat they are not fetching 2s a head lore, owes are definitely on the rise id appear to be selling close up to her prices at per lb of meat weight. Store Cattle. o sales of importance occurred. Store Sheep.

•Ewes chief entries, hoggets and ..others in modest numbers. Ewes show easing tendency. Dry sheep firm. Mastcrton sale, ewCs well held values. syr Lincoln ewes E.S.D.R. sold at 26s (good •ne), if. A. eWes 2Gs to 27s Gd. Black faced hoggets, 14s Gd, 16s. At Stortford, entry was larger than of late, but quality was variable, hoggets were firmer, wethers steady and ewes easier.