WAIKATO DEMAND

New Zealand Herald, Volume LXXVI, Issue 23274, 17 February 1939, Page 7

WAIKATO DEMAND

(YOUNG CATTLE QUIETER

j BONERS FREELY OFFERED RAM FAIRS OPENED Although pastures received considerable benefit from th© rains which fell a fortnight ago, the nights have been cold and, with the windy conditions experienced, growth has not been as rapid as was expected. Consequently the demand for young cattle, particularly calves, is not as strong as a few weeks ago. Large yardings of boner cows continue to come forward, but owing to a slight congestion at the works, one or two firms are not operating as freely as previously, and consequently prices for this class are a shade easier. Heavy consignments of East Coast breeding ewes continue to arrive for the Morrinsville sale each week, and are readily absorbed by local buyers. At this centre last Friday there was a keen demand for four and five-year-old ewes, and prices for this class were fully up to late rates. While the quality of the two-tooth ewes offered was not as good as at the previous sale, buyers were not quite as keen, and values in this section were easier. At both the Taumarunui and Te Kuiti fairs there was a large attendance of buyers from the Waikato and surrounding districts, and prices realised were in many cases above expectations. Straight lines of two and four-tooth ewes were in keen demand and realised from 25s to 31s, while genuine lines of age-marked four and five-year ewes were also readily sought at prices ranging from 17s 6d to 25s lOd. The first ram fair of the season in the Waikato was held at the Claudelands selling pavilion, when large entries of both Southdown and Romney rams were offered. Competition for rams of both breeds showing quality was good, but inferior sorts were hard to quit. Best Southdown rams sold to 10§gns., medium sgns. to 7gns., inferior to 3gns., best flock Romaeys made to 13£gns., good 7gns. to 9gns., and fair quality 4gns. to s}giis. The second fair will be commenced on Monday next, when an offering of approximately 4000 rams of all breeds ..will be submitted, and it is anticipated that rams showing quality will again be wanted. BEEF Conditions in the beef market have shown little alteration during the past week. A noticeable feature in this section at the present time is the small numbers of well-bred cattle which are coming; forward at each centre, the bulk of the entries in most cases consisting of second quality cow beef. This is probably accounted for by the fact that the best quality medium-weight steers usually go away as chillers. At the Te Awamutu market a good yarding of beef included a few pens of prime steers and, although bidding was not spirited, late quotations were maintained. Prime Polled Angus steers made £ll 17s*to £l2; prime cows, £7 to £7 18s; lighter, £5 to £6. Another very small yarding of both ox and cow beef was penned at the Frankton yards on Tuesday. The duality also showed an improvement, and this fact, combined with the short supply, stimulated competition, and late values were fully maintained. Extra prime ox was quoted to 35s per 1001b., and choice young cow and heifer beef to 27s 6d. Heavy prime steers made £l3 to £l4; prime, £ll to £l2 10s; light, £9 los to £lO 10s; prime young cows ana heifers, £8 to £9 2s; lighter prime, £6 10s to £7 10s; light. £5 to £6. MUTTON Large entries of fat sheep are coming forward at most Waikato centres, and values show little alteration. It appears that prices for fat sheep have reached bedrock, and vendors usually meet the market, as they can purchase their replacements on a comparatively low basis. Entries of light and medium weight wethers at country centres nre absorbed by local butchers, while the fat ewes at these markets are usually purchased at schedule rates by exporters. There was again a heavy penning of all classes at the central yards on Tuesday, and some heavy prime wethers were offered. Although competition was not spirited, prices for wethers and ewes showed little alteration from those ruling at the previous sale. In spite of the reduction in schedule for fat lambs, values in this section were fully Ijrm at late rates. Prime wethers made 18s 6d to 20s; prime medium weights, 17s to 18s; light. 15s to ltis 6d; prime Southdown-cross two-tooths. 16s 9d to 18s 3d; prime maiden ewes, 12s 6d to 15s; heavy fat ewes. 9s to lis; killable ewes. 6s to 7s. PIGS Average yardings of fat pigs have been penned, the bulk of the entries consisting of porkers. At the Morrinsville sale a firm market was experienced for all classes, and a good sale resulted at previous quotations. A further drop of VA per lb in the export schedule was announced for the current week and, while prices for porkers were lower by about 2s a head at the. Frankton auction on Tuesday, baconers depreciated by only Is on the top price of the previous sale. In spite of the reduction in the export schedule, there is a strong demand from local curers for baconers, and, as there appears to be only a limited supply of this class available, it does not appear likely that prices will go any lower. Baconers realise £3 2s to £3 14s; heavy porkers and buttermilk pigs, £2 12s to £3; medium porkers, £2 4s to £2 10s; light. 35s to £2. MARINE INSURANCE EFFECT OF IMPORT CONTROL ADVICE TO BUSINESS MEN The necessity for importing houses to look to the terms of their marine insurances as a result of effects of the import regulations was emphasised at a meeting of the council of the Auckland Chamber of Commerce yesterday by Mr. J. A. C. Allum.

At present cover was _ given for a period of 15 days from time of landing to delivery, he said, but as a result of various delays caused by the import regulations this allowance was sometimes being exceeded. Business men would be advised to consult their insur- 4 ance firms, which were already showing willingness to afford the extra protection needed. SYDNEY PRODUCE MARKET (Received February 16, 8.34 p.m.) SYDNEY, Feb. 16 The Sydney wheat market is slow and buyers are cautious. Silo grain is quoted at 2s 53d and banged at 2s 7£d. Flour, £l2 os. Bran. £5 os. Pollard, £5 10s. Potatoes, Tasmanian, £2l; second grade, £ls. Onions, brown, £l3; New Zealand, brown, £23. Cabbages, local and New Zealand, 2s to ss. Swedes, Tasmanian, to 18s. Pumpkins, local and New Zealand, 14s to 16s a cwt. Beans and peas, local, 2s 6d to 5s a bushel; choice, 7s. PROPERTY AUCTIONS Messrs. Robert C. Carr and Son will offer by auction at their rooms, 20 Swanson Street, at noon to-(iay, properties in Epsom, Mount Eden, Ponsonby and Remuera, and a block of four shops with dwellings at the comer of College Hill Road and Cascade Street. C. F • Bennett, Limited, will offer for sale by auction at its rooms, cornor of Queen and Shortland Streets, at noon to-day, a residential property situated in Croydon Road, New Lynn. T. Mandono Jackson will offer at auction at its rooms, 3 Swanson Street, at 11 o'clock this morning, residential properties in Hamilton Road, Heme Bay, Great North Road, Riverhoad, (jnd Grotto Street, Onehunga; a small farm in Rangitira Road, Birkdale; and a seven-roomed house at Hanene Street, St. Heliers Bay, for removal. Samuel Vaile and Sons, Limited, will offer at auction at its rooms, 83 Queen Street, at 2 p.m. to-day, a residential property in Portland Road, Remuera. AUSTRALIAN GLASS Shareholders in Australian Glass Manufacturers, Limited, have confirmed a resolution changing the name of the company to Australian Consolidated Industries, Limited.