COUNTRY STOCK SALES

New Zealand Herald, Volume LXXVI, Issue 23394, 10 July 1939, Page 5

COUNTRY STOCK SALES

TE AWAMTJTU EN'l'JiY SMALL SHEEP YARDING FAT CATTLE IN DEMAND I)alpot.v and Company, Limited, reports that although there was only a small yarding of sheep at Te Awamutn there was a heavy yarding of fat, boner and dairy cattle. All classes of stock met a steady demand and sold at prices equal to quotations from other centres. A pen of well-finished medium-weight Polled Aiitrns bullocks from Mr. I!. 0. 0. Couie. of P.-innvcra, made £lO 17s, Shortliorn Imi 1 locks from Mr. D. Uorncmen, Ohaupo, sold at CIO (is. Hereford cows and heifers on account of Mr. M. McXair realised from ill ">s to £7 los. while Jersey heifers from the same vendor made tip to £(i 1 as. Sheet): Jlcavy fat wethers, £ 1 Is (id; medium fat wethers, £I ; store wethers, I.ls. Cattle: Medium-weight fat Polled Annus bullocks. £lO 17s; Shorthorn bullocks, £lO (is; fat light-weight bullocks, £8 1 r.s to £» ids; fat Hereford cows and heifers, £<> 5s to £7 Ids; heavy Polled Angus heifers, £(i 15s to £7 I .'is; heavy fat Jersey cows, up to £7; fat Jersey heifers. £5 10s to £(> Lis; heavy boners, £',') to £•:! |Ss; medium, £1 17s to £ - I Us; light, 17s to £1 15s; potter bulls, up to £7 Us; yearling Jersey heifers, £3 to £a 10s. Dairy cattle: The advertised dairy herds came forward and a total clearance was effected al ruling quotations. Young Jersey cows springing to profit. £U to £lO ss; Jersey-cross cows, £7 to £!>; more backward sorts. £5 to £7. The yarding of springing heifers comprised chiefly medium quality sorts. Jersey springing heifers, close to profit. £'B to £!) 15s; more backward sorts, £0 los to £8; others. £-1 10s to £O. Pigs: A very heavy yarding of breeding sows and store pigs was penned and practically a total clearance was effected at prices well on a par with late rates. The competition for breeding sows was animated and prices were very firm on late rates. Medium porkers. £2 to £2 ss; large store nigs. 32s to 365; medium. 26s to 325; small, 22s to 2(>s; best slips, Ifis to 20s; best weaners, lis to 17s (3d; medium. 10 s to 1 -Is; maiden Tam worth sows, to farrow. £7 to £7 15s; sows, Tam worth-cross, to farrow. close to profit, £(5 to £7 15s; more backward sorts, £1 to £0; others, £2 to £-1; Devon boars, £'J.

TE PUKE REALISATIONS [ lIV TKLF.On.U'H —OWN COIITtESPONT) ENTJ TE PUKE, Friday The Farmers' Co-operative Auctioneorin:; Company. Limited, reports having liolrl a special sale of dairy heifers and rows nl Kalikati. The majority of (lie heifers yarded wire on (lie small side, bnf realisations were on a par with recent sales. Good quality small Jersey-cross heifers made from £S to £.9 10s: later calvers, £f> 15s to £7 10s; backward heifers, £5 to £5 1 ."is; food quality dairy cows, to £10; medium, to £S; late calvers. £4 to £5. MATAMATA CLEARANCE Newton Kins;, Limited, reports holding a clearing sale on behalf of Mr. W. >E. Lepper, Burwoor] Road, Matamata. In spite of the cold, wet conditions ruling, competition was brisk from first to last, the 30 cows averaging £J2. Early calving cows sold freely from £l3 to £l4; others, £ll 10s to £l2 10s; calved cows. £0 JOs to £ll 10s.

ENTRY AT NGARUAWAHIA The Farmers' Co-operative Auctioneering Company, Limited, reports having held the monthly stock sale at Nsaruawahia. A medium entry of boner cows and a heavy yarding of dairy cattle camo forward, but there was only a small bench of buyers. Values ivere fully tip to late rates. Light fat Jersey-cross cows made £1 2s to £5 r>s; heavy lienor cows, £3 2s to £3 12s; potter bulls, to £.">; young Jersey and Jersey-cross cows. July ralvers, .cn to to £lO ss; young Jersey and Jersey-cross cows, Autrust calvers, £7 ."is to CP 10s; young Jersey and Jerseycross cows, later calvers, £f! 10s to £7; older Jersey and Jersey-cross cows, later oalvers, C■"> to £fi; Jersey heifers in milk, £7 10s to £S 10s; Shorthorn-cross cows in milk, to £7 ss.

OFFERING AT OPOTIKI [BY TELKGRArn —OWN COnUKSr/»>'T)ENT] OPOTIKI, Saturday Dalgety and Company, Limited, reports having held the usual monthly stock sale at the Opotiki saleyards. No sheep were yarded and only an average number of cattle came forward. Conspicious in the yardins were several pens of exceptionally well-finished beef ; cattle, which sold to £lO 10s for bullocks I and £S - 2s for cows. The cows were probably the most prime cows ever to have been yarded at the -Opotiki saleyards. Other fat rows made from £fi 5s to £7 10s; lighter cows, £-1 1 ."is to £1 T2s fid; store cows, £'_! 10s to £3; cood boners. 30s to £2 7s fid; others, £1 to 27s fid. A lino of 53 Hereford steers in good order and showing troorl quality made £0 2s fid. The Xew Zealand Loan and Mercantile Agency Company. Limited, reports an average yardinsr of caltle, but no sheep. A few v pens of fat bullocks and cows elicited keen competition from local butchers and there was an improvement on late, rates. No pood dairy cows were offered. There was no chanpre in the boner class cows. Faf bollocks made £S 15s to CO 15s; forward steers, £0 to £0 17s. fid; fat cows, Cf to £0 l is; forward cows, £3 to £1; trood store cows. £2 10s to £3 10s; fat heifers, small, £3 5s to £5; boner cows. 30s to £2 ss; cows with calves. 35s to £3; dairy sorts, poor condition, to £3 15s; heavy potior bulls, to £•! ss.

DEMAND IN THE NORTH [I'ROM ouii own correspondent] WHANG.ATI.EI, Saturday Walter Wakelin reports having held sales nt Parua Bay. Whakapara and Kamo. The yardings comprised chiefly dairy stock, which sold readily at all centres. The Kamo yardinsar comprised 220 dairy cattle. 00 ox and cow beef and a medium entry of pigs. This sale was a very good one, competition heing keen throughout and passings not frequent. Parua Bay.—Fat cows made from £1 10s to CO 10s; store cows, £2 17s Od to £3 10s; boner and potter cows, £1 to £2 os; cows and runners, t'. r > Os; vealers. £2 10s; mixed sex Shorthorn calves. 30s; Rood quality backward Jersey fteifers, to £5 15s; springing cows. £2 10s to CO 15s. Whakapara.—Fat Jersey cows, £-1 to £0; forward conditioned cows, £2 17s Od to £3 1 Os; boner and potter cows.' £1 to £2 15s; best Jersey heifers, springing, £7 to £7 ss; medium quality Jersey heifers, £-1 7s to £5 10s; Shorthorn dairy heifers, £-1 10s to ,C 5 ss; Shorthorn dairy cows, £0; springing Jersey cows. £4 to £7. Kamo.—Light ox beef made from £7 to £!): heavy fat cows. £0 to £~ ss: light cows and heifers. £1 to £5 .~>s; Shorthorn store cows. £.' l 10s; cows and runners. £-1 5s in £0 ss; runners, to £1 15s; vealers, to i.'2 10s; yearling Shorthorn steers, to £2; small yearling Jersey heifers. £1 to £1 10s; best quality Jersey cows, close to profit, CO to £0: medium duality, C-t 10s to £5 15s; backward and inferior cows, £2 to cn 15s; good quality springing Jersey heifers, £0 I."is to £7 10s: small and backward heifers, £3 to £5 ss; Shorthorn dairy heifers. £5 to £7 2s Od; Shorthorn dairy cows, to £0 15s. Pigs: Medium baconers, to £3 ss; heavy porkers, to £2 15s; medium porkers, £2 5s io C2 10s; light porkers, to £1 10s; stores, £1 to £1 11s Od; slips, IPs to 21s; weaners, 0s to 15s Od; breeding sows, to £5; choppers, to £2 15s.

NORTH AUCKLAND VALUES The North Auckland Farmers' Co-operative, Limited, reports having held the Kama horse fair. The weather was of the worst and the attendance and competition were not 100 good. Prices were as follows:—Medium draughts from South Island, £25 to £3l 10s; heavy draughts, £2O to £2B; light draughts, £'ls to £22; light harness horses, -J. 1 " to £l*2; ponies and hacks, £-1 10s to £7; weeds, 22S (id to ,C'2 lys. At Mangawhare the same company reports a large yarding of dairy cattle, but beef and store cattle were in short supply. Good dairy cows, £7 10s to £8 l'2s (id; JulyAugust culvers, £(> 5s to £7 7s (id; hackward and unsound cows. £3 15s to £5 17s (id; good springing heifers, t'(> 10s to £(i 17s (id; medium heifers, £5 5s to £(> 7s (id; small and backward heifers, £t 5s to £5 '2s (id; fat cows, medium weights, £0 '2s (id to ,C(i 13s; light fat cows, £5 10s to £(> Is; fresh conditioned cows. £3 17s to £1 10s; fal Jersey rows, £1 15s to .t's -2s (id; boner cows. good. i"2 Ids to £'2 His; potter cows. 17s to '2(is; boner bulls, £3 15s to £1 l'2s (id: yearling Jersey heifers, 37s to £'2 '2s. At Ituawai there was a small yarding, consisting chiefly of boner cows. Fat cows made from £5 17s (id to £7 '2s (id; fat Jersey cows. AM 10s to Is; fresh cows, £3 its to £3 17s; boner cows, £'2 2s to £'2 13s; potter cows, His to 2.'>s; boner bulls, ,C-t to Jjr< (is.

At Pnpnron lliere was a very heavy yarding of good quality cattle, mostly front Mr. Alfred Dreadon's Para hi estate, "Trenthem." Mr. Dreadon also yarded 1000 sheep. There was a large attendance from a wide area. Prices were as follows:—Best dairy cows, £(i 10s to £8 7s (id; others. £5 5s to (.'(> '2s (id; backward and aged cows, £-1 10s to C 5 '2s (id; good two-year Jersey heifers, £5 15s to t'(i 7s (id; medium heifers. CI 17s (id to £5 10s; small and inferior heifers, £3 15s to C-t 17s fid; fat Jersey cows, £-1 5s to cr> 7s (id; tisiag three-year Hereford steers, £5 10s to C 5 lis; IS-months Hereford steers, ,C 3 Ss to £3 12s; IS-months Shorthorn steers, £2 15s to £3 ss: wcaner Hereford steers, £2 Is; rising: three-year Hereford heifers, running with bull, £3 12s to £3 16b; IS-months Hereford heifera. 358;

Hereford heifer calves. 2Ss to 345: fourtooth wether?, lis 3d; tuo-tooth wethers, small, lOs j six-tooth ewes, small, running with Roinncy rams, 13s; four-tooth ewes, small, running with Romney rams, 13s Id; four-year ewes, running with Romney rams, lis fid; ewe hoggets, 13s 7d; wether hoggets, 8s Sd; honer cows, '2s to £2 l.Ss; potter cows, lis to 2<is; holier bulls, £3 12s to £ I J s - s ; cows and calves, £3 12s to £3 lfis; runners, £2 8s to £2 12s. At Kanio a small yarding came forward to only a fair attendance of buyers. Dairy cows made from £4 15s to £(i 2s (id; heifers, £3 17s (id to £5 ss; light fat bullocks, £1) •*>s to £10; light fat cows. £."> 2s (id to £5 12s; fresh cows, ,C 3 15s; boner cows, £'2 Is to £2 His; potler cows, 12s to '23s; honer hulls. £3 15s to £4 ss; good runners, £3; store wethers, Ms lid to I.ls 3d; wether hoggets, 7s fid to 8s 3d.

YARDING AT TE RAPA Vercoe , and Company. Limited, reporls having conducted a clearing sale on account of Mr. T. F. Frost, of Te Rapa, when, owing lo Ihe weather., a small attendance of buyers was present. However, a satisfactory sale resulted, with prices on a par with recent clearing sale values. Jersey cows (July calvers), made from £!» 10s to £lO <"s; later calvers. £7 10s to £8 15s; late calvers, £f> to £7; unsound cows, £3 10s to £5; Jersey heifers (in milk), to £8 ss. MORRINSVILLE VALUES Dalgety and Company, Limited, reports a large entry of cattle, consisting of chiefly dairy stock and boners, at Morrinsville. These sold well up to late rates. Fat light-weight Polled Angus heifers made £0 ss; heavy Jersey cows, £5 us to £(i J2s; lighter Jersey cows, £1 to £5 .">5; heavy boners, £3 to L' 3 18s; medium, CI 18s to £2 10s; light, 10s to £1 15s. Dairy cattle: Competition was keen and u good sale resulted. Jersey heifers close to profit made £8 10s to £0 15s; more backward sorts, £7 to £8; Jersey cows, close up, £7 10s to £0; lato calvers, £5 J (Js to £7.

FOREIGN INVESTMENT "MORAL BAN" IN BRITAIN AMERICAN BROKERS' ACTION Members of the New York Quotations Syndicate, representing American brokerage houses in London, last month decided to discontinue the distribution of daily or periodical surveys and circulars in order to secure full cooperation with London Stock Exchange members, banking and finance houses, and other agencies concerned in dollar security transactions.

The decision was personally conveyed to the Bank of England and to the London Stock Exchange by Mr. L. L. Tweedy, president of the New York Syndicate. The resolution carried was as follows:

That New York Stock Exchange firms represented in London, recognising the wishes of His Majesty's Government as stated by the Chancellor of the Exchequer in the House of Commons, that the purchase by British subjects of foreign securities be discouraged, are desirous of complying with such wishes.

Furthermore, in order to implement the position taken by them, tliev hereby resolve that the distribution in the United Kingdom of lists quoting dollar securities, or cables, whether daily, weekly or monthly, commenting on American Security markets, be discontinued. and that any communications issued from time to time by them, containing statistical or political comments or information relative to particular dollar securities sent to clients interested in such securities, bear a legend, conspicuously printed thereon, reading:— "In view of the announcement by His Majesty's Government relative to the purchase of foreign securities, the information presented above is not to be taken as an invitation to clients to increase their holdings of dollar securities."

MINING NEWS YIELDS OF COMPANIES Argo ("West Coast). —3ooz. from 11.000 yards in 128 hours. Bundi'(West Coast).—To July 5, a total of o9oz. lSdivt. from 11.SS0 yards in 81 hours. Nemoli.i (West Coast).—27oz. from 10.100 yards in hours. New Biver (West Coast).—Week ended July 6, a total of 440z. from So Of) yards in 131 hours. White's Electric (West Const). —No wash-up as the dredge is being shifted to a new area.