LONDON BUTTER OUTLOOK

New Zealand Herald, Volume LXXII, Issue 22086, 16 April 1935, Page 5

LONDON BUTTER OUTLOOK

GOOD CONSUMPTIVE DEMAND INFLUENCE OF. AMERICA LONDON, April 13 The butter market has shown some improvement lately. Prices hardened slightly under the influence of a good consumptive demand, but there is some doubt whether the position can be maintained much longer, as quantities afloat from Australia, New Zealand and Argentina exceed 1,314,000 boxes. Much depends upon whether America continues to buy Australian and New Zealand butter. DEMAND FOR WOOL HIGHER PRICES AT PERTH ANIMATED COMPETITION (Received April 15. 9.35 p.m.) PERTH, April 15 Wool prices advanced by 10 to 15 per cent at the final sale of the season to-day. Competition was animated and the clearances were exceptionally good. Bradford and Continental operators were the chief buyers. PORKER PIG SHIPMENTS SHORT-TERM RESTRICTION PRESENT KILLINGS WITHHELD All killings of porker pigs in New Zealand are now being held in store to await shipment to arrive in Great Britain after June 30. This is the outcome of the short-term for the second quarter of 1935. When restriction was imposed for the first quarter of 1935, killings from January 1 onward could not be shipped to arrive before March 31. The date fixed in the present case is March 31, according to a circular issued by the Meat Producers' Board. Shipments and stocks at that date were estimated to be sufficient to fill the quota fixed, and all killings after March 31 have to be held for arrival in Britain after June 30. STOCK SALES DEMAND FOR PIGS AT TAUPIRI [by telegraph—OWN correspondent] TAUPIRI. Monday The New Zealand Loan and Mercantile Agency Company, Limited, to-day held its fortnightly pig sale at Taupiri. The yarding was an exceptionally heavy one. There were a few medium and light baconers, but mostly the offering consisted of good porkers. No top-weight bacon was yarded, but weaner and store pigs came forward in heavy numbers. Practically a total clearance was effected. Medium baconers, £3 3s to £3 ss; light, £2 15s to £'2 19s: heavy porkers, £2 2s to £2 12s; medium, £1 15s to £2; light, £1 8s to 325; good stores, 18s to £1 Is; weaners. 4s Gd to Gs Gd. FULL YARDING AT OHAUPO Dalgety and Company, Limited, held its usual sale at Ohaupo on Friday, when there was a full yarding of cattle, which sold at late rates. Prime young Jersey cows, £2 ISs to £3 10s; fat Jersey cows, .£2 10s to £2 ITs; ordinary fat cows, 35s to £2 ss; store cows. 2>3 to 32s 6d; boners, 15s to 22s Gd; light Jersey bulls, £2 5s to £2 15s; weaner calves, 16s to 18s; poorer sorts, 7s Gd. VALUES AT CAMBRIDGE Dalgety and Company, Limited, reports having held its usual tri-weekly stock sale at Cambridge on Monday, April 15. 1935. when a fair yarding of sheep and cattle, together with a good yarding of pigs, came forward. Ruling rateß throughout prevailed on sheep and cattle and fat pigs, while store pigs sold under very keen competition. Quotations; —Sheep: Good fat lambs, 18s 3d to £1; light and unfinished. 14s to 15s; two-tooth store wethers, £1: light and unfinished fat ewes, 12s ty 13a 6d. Cattle: Good fat cows,.£3 12s Gd to £3 17s; lighter fat young Jersey cows and heiferi, £2 5s to £2 19s; older Jersey cows, 39s to £2 19s; older Jersey cows, 39s (• £2 4s; meaty cows, 27s to 3fis; boners, 15s to 235: potter bulls, £3 10s: springing Jersey heifers. £2 to £3. Pigs: No heavy fat pigs were yarded. Good condition light to medium porkers made 28? to 345; small and unfinished. £1 to 265; best stores, 245; others, 16s to 19s; slips, 9s to 14s; best weaners. 9s; other weaners, 6s to Ss; eight purebred Tarnworths, 375. VALUES AT KAMO [from our own correspondent] WHANGAREI. Monday Dalgety and Company, Limited, report holding their fortnightly stock sale at Kamo, when more than the advertised yarding of cattle came forward. The main feature of the yarding was the large entry of good quality Hereford and Polled Angus steers, one of the best quality yardings seen m this centre for years. Although competition was keen, prices realised were sligntly below late rates. Light fat cows, £3 10s to £3 18s; light fat heifers, £2 10s to £3; runners, £1 10s to £1 17s Gd; cows and calves, £2 12s 6d to £3; 3-year Polled Angus steer?, £3 10s to £o ss; Hereford, £4 12s to £5; Shorthorn. £2 10s to £3: boner cows. 17s 6d to 255; stores, £1 15s to £2; boner bulls, heavy, £3 7s to £3 17s; lighter, £2 10s to £3: weaner pigs, 7s to Bs. The North Auckland Farmers Co-opera-tive, Limited, reports holding its fortnightly stock sale at the Kamo yards yesterday, when there was a good attendance, but competition was not quite so keen as usual. Prices were slightly below previous sale. There was a heavy yarding of store i the lot changing hands at about 3s a head ! less than steers at last sale. Best dairy cows, j £2 10s to £3 ss; dairy heifers, £2 5s to £2 12s Gd; prime fat bullocks, £7 to £7 ss; light, £5 7s Gd to £5 15s; heavy fat cows, £4 10s to £5 Ib; medium, £3 7s Gd to £4 8s; light. £2 8s to £3 Gs: fresh-conditioned cows. £1 15a to £2 7s 6d; boner cows, 18s to 31s; potter cows, 7s to 14s; fat runners, £'2 5s i to £3 Is; Hereford cows, £3 12s_6d; 4-year old forward-condition, bullocks, £5 to £5 12s; i Shorthorn steers. £2 10s to £4 12s Gd; boner ! bulls, heavy, £4 10s to £5 8s; medium. £3 j4s to £3 7s 6d; light boner bulls, 30s to £2 18s; forward store lambs, 13s sd; small twotooth wether?. 18s; weaner pigs, 6s 8d; light I stores, 27s fid. NGONGOTAHA VALUES The Farmers' Co-operative Auctioneering Company, Limited, held its fortnightly stock sale at. Ngongotaha on Thursday, when there was an exceptionally heavy yarding of all classes of cattle. Buyers were present in good numbers from outside districts. Fat C 0^ B and heifers, with a large proportion of wellbred and finished quality, were m good supply. The market remained firm. Freshconditioned Jersey cows and boners found an improved demand, while potter bulls were up to schedule rates. The entry of store cattle comprised mostly autumn drans. Steers found a good sale, with the exception of one line of good forward-conditionert Polled Angus steers, which failed to reach the vendors' reserve. A heavy entry of fresh-conditioned Hereford and Polled Angus ccws and heifers were in firm demand. A full yarding of sheep, with a good proportion of lambs, sold at easier than late ruling rates Fat ewes sold at unchanged rates There was an average yarding of pigs, with all clauses in fair demand. Cattle: Medium fat cows and heifers, £4 to £4 12s Gd; light £3 2s Gd to £3 15s; killable and heavy second quality cows, £2 5s to £2 15s; fresh-con-ditioncd Jersey cows. 25s to 36a; boner cow*. 18s to 225; rough boner cows, 10s to las: heavy potter bulls, £3 10s to £5; lighter. £2 to £2 10s; forward-conditioned 3}-year steers. £5 9s to £5 15s: grown mixed-conditioned steers. £3 15s to £3 lis; li-year Polled Align!" and Hereford steers. £2 18s to £3; li-year Shorthorn steers. £2 10s to £2 19s; mixed sex Polled Angus and Hereford calves. :10s to 355; mixed sex Shorthorn calves, 2os to 28s; very forward Polled Angus and Hereford young cows, £3 14s to £4 Is; fresh-con-ditioned. £2 5s to £2 15s; store Polled Angus nnd Hereford cows, 28s to 355; breeding cows with calves. £2 10s to £3; poorer sorts, 30s to 355. Sheep: Light fat wethers, 19s to 20s; fat ewes, 12s 8d to 15s sd; for-ward-conditioned ewes, Us to 12s; killable lambs, 14s to 15s Gd; medium store lambs, 8s to 9s 9d. Pigs: Light porkei'3, 26s to 2Ss; stores, 18s to 19s; slips, Us to 13s 6d; weaners, 5s Gd to Ba. STOCK EXCHANGE VACATION The Auckland Stock Exchange will close for the Easter vacation from 1 p.m. on Thursday until Monday, April 29. Only the morning call will be held on Thursday.