STOCK SALES

New Zealand Herald, Volume LXXI, Issue 21875, 10 August 1934, Page 7

STOCK SALES

WESTF! ELD QUOTATIONS AN EASIER TENDENCY Yar(lings of dairy cows and store cattle up to recent averages were forward at the Westfield weekly stock sale yesterday. The demand was only for all classes, and competition was only found for anything of cood quality and close to profit. Evdn then a definite price limit obtained amoftg buyers, and there was a distinct easing in prices toward the end of the day, when several lines wero passed over, although only moderate reserves prevailed. The dm and from graziers has not been keen of late, this being probably due to the recent severe weather, which has resulted in scanty feed and heavy paddocks. Heavy stocking of wet paddocks, under these circumstances, is deemed inadvisable, and has reacted on values generally at recent sales. The top price for best quality dairy cows was £5 10s, this being slightly below last week's values. Young cows of good quality, fairly close to profit, brought up to £5 ss. Medium quality cows realised up to £3 15s. Medium quality fat store cows brought up to £4. The ruling rates were as follows: Dairy Cows.—Jerseys, good quality, aii drop, up to £5 10s; young cows, good quality. Jersey and Jersey-cross, fairly close to profit, from £-1 to £5 ss; others, medium Quality. £2 10s to £3 15s: backward calvers, 20s to £2 ss: aged and backward sorts, 15s to 20s. Storo Cattle.—Fat cows, medium, tip to £4; good meaty cows, mixed colours. 20s to £2; aged and boner cows, 10s to 355; yoimKt cows, good quality, well bred, £2 to £2 14s_; good colours. 30s to £2 7s Gd: young Jersey bulls, good quality, up to £3: aged and potter bulls. 30a to £2 15s; Jersey Ijcifera, good quality, yearlings. 30s to 36sj others,. 10a to 37a 6d t—~ • PUKEKOHE REALISATIONS A largo yarding of dairy cattle at the stock sale held by the New Zealand Loan and Mercantile Agency Company, Limited, at Pukejcohe yesterday, met with steady competition, and values showed an improvement on last sale. Competition was also steady for fat and store cattle, which cams forward in average numbers. Values were firm. Best dairy heifers brought from £5 10b to £6 ss: others. £4 to £5 ss: small, £2 10a to £3 10s: backward. £1 10s to £2 7s 6d: best dairy cows. £4 to £5 10s: others. £2 103 to £3 ss: aged and backward. £1 to £2 7s 6d; medium prime steers, from £7 to £7 17s Cd: light. £0 to £6 15s: heavy prime cows. £5 to £6 28 Gd: medium prime cows. £4 to £4 15s; light, £2 10s to £3 15s; killable cows, £1 10s to £2 ss: boner cows. 12s to £1; yearling heifers. 15s to £1 7s 6d: bulla, £] to £4. The yarding of fat pigs waß an average one for this time of the year, and there was a large yarding of stores. Competition was good throughout and late quotations were- easily maintained. Choppers made from £1 5s to £2 ss: heavy prime baconers. £3 Gs to £3 lis; medium prime hnconers £2 18s to £3 ss; light and unfinished. £2 9s to £2 173: heavy porkers. £1 17s to £2 8s: medium. £1 11a to £1 IGs: light. £1 5s to £1 10s: large stores. £1 3s to £1 8s: medium. 19b to £1 2s; slips, 15s to IPs; best weaiters. lis to IGs; others, 5s to 10s: flows due to farrow, £1 10s to £4; Tamworth boars. 1 Jgns to 4fms.

PRICES AT MATAMATA A heavy yarding of dairy cattle was penned at the Farmers' Auctioneering Company's stock sale at Matamata on Wednesday, being mostly Jersey springing heifers. Cows were yarded in small numbers. Choice close to profit heifers met with good competition from a medium bench of buyers and sold at prices, slightly in advance of late sales. A heavy yarding of store pigs met with good competition, prices being on a par with late quotations. A light yarding of fat pigs came forward which met with fair competition and sold at late rates. A small yarding of sheep sold well. A heavier yarding of fat cattle came forward, prices for prime fat heifer 9 being well up to recent sales, while fat cows were slightly easier. Store cows were, firmer all round. Dairy cattle: Choice Jersey heifers, close to profit, £6 17s fid to £7 7s 6d; choice Jersey heifers, £5 10s to £'fj 15s; choice Jersey heifers, more backward. £4 to £5; backward Jersey heifers, £2 15s to £3 10s; Jersey cows, close to profit, £4 5s to £4 10s; Jersey cows, £3 10s to £4; choice pedigree Jersey cows, 7gns to SJgns; choice pedigree Jersey heifers, Sgns to Sgns. Beef: Medium fat steers, £6 17s 6d to £7 15s; heavy prime fat heifers, £6 to £6 4s; medium fat heifers, £3 10s to £5: light fat heifers, £2 6s to £3 7s Gd; Heavy fat cows, £4 9s to £4 14s; medium fat cow?, £3 10s to £4 7s; light fat cows, £2 14s to £3 7s Gd: heavy older cows, £2 to £2 10a; fresh-conditioned cowa, 30s to £2 2s; boners. 10s to 255; empty_ Jersey heifers, two year, 15s to 2Gs; yearling Jersey heifers, 29s to 375. Pigs: Medium baconers, £2 143. to £2 18s; light baconers, £2 6s to £2 8s; heavy porkers, 33s to £2 4s; medium porkers, 33s to 375; light porkers. 26s 6d to 30s; good Tamworth stores, 22s 6d to 265; lighter Tamworth .stores, 18s to 21s; good Tamworth slips, 13s 6c! to 16s Sd; good weaners, 8s to 12s 6d; choppers, 25s to 28s; sows in young, £2 to £2 10s. Sheep: Fat wethers, 2Ss to 28s Gd; fat ewes, £l. NORTH AUCKLAND VALUES [by telegraph—OWN correspondent] KAITAIA, Thursday The North Auckland Farmers' Co-opera-tive, Limited, reports having held special dairy sales at Knitaici on Tuesday and at Broadwood yesterday. At Kaitaia there was a big yarding, but no!; so many cattle were penned at Broadwood. Best forward dairy cows made £4 10s to £6; good September calvcrs, £3 to £4; best forward heifers, £3 to £3 15s; good quality but backward, £2 to £2 10s; inferior cows and heifers, £1 to £1 10s. YARDINGS AT FRANKTON The New Zealand , Loan and Mercantile Agency Company. Limited, reports holding a dairy sale at Frankton on Wednesday. A good yarding of dairy heifers, and a small yarding of cows, which consisted mainly of medium quality stock.-met with good competition, and prices obtained were better than at previous «»les. Medium quality Jersey heifers, close to profit, £3 15s to £5; more backward, £2 10s to £3 10s; late calvers. £1 10s to £2; good auality Jersey cows, close to profit. £3 5s to £4 15s; more backward, and late calvers. £2 to £3. The Farmers' Co-operative Auctioneering Company, Limited reports having held the weekly dairy sale at Frankton. wjien a full yarding came forward and met with a good demand, prices showing a marked improvement. Cattle: Jersey and Jersey-cross heifers, close to profit. £4 15s to £5 10s: Jersey and Jersey-cross heifers, later calvers, £3 to £1 ss: more backward '"sorts, 30s to £2 ss; sound young dairy cows. £4 10a to £5 10s: later calvers. £2 10s to £3 10s; aged and inferior 6orts, 20s to 30s. WEALTH FROM MINES CANADIAN DISTRIBUTIONS The total dividends and bonuses paid by Canadian mining companies during 1933 are estimated by the Canadian Department of Mines to amount to 30,000,000 dollars (£6.000,000 at par), compared with 26.500.000 dollars (£5,300,000) in 1932. The totals are exclusive of dividends paid by petroleum companies, and are also exclusive of stock dividends. Metal mining companies contributed 91 per cent of the total dividend disbursement in 1933, and gold dividends made up 67 per cent. The aggregate total of dividends paid in 1933 was approximately 13.6 per cent of the value of mineral output for that year. It is estimated that total dividend payments by Canadian mines in 1934 will probably exceed 50,000,000 dollars (£10,000,000).