STORE STOCK SOUGHT

New Zealand Herald, Volume LXXVII, Issue 23772, 27 September 1940, Page 3

STORE STOCK SOUGHT

KEEN DEMAND CONTINUES GOOD WAiKATO PASTURES: DAIRY CATTLE ACTIVE 1 There is still a keen demand for all classes of store stock in the Waikato and the market remains buoyant. Grown steers are coming forward ill quite good numbers, but with Smple feed available, the inquiry lias been well sustained, prices remaining fully firm, with an improvement in some cases. Yearling Jersey heifers continue to attract keen bidding and, although - larger entries of this class are being penned at some sales, the demand exceeds the supply with the result,that prices remain very high. Although it. is now getting late in the season and smaller entries are coming forward, dairy cattle are still keenly sought at high rates. _ ' Most of the principal bull sales of the season have been hold during the past two weeks. At the combined, breeders' sale held at Claudelands there was a keen inquiry throughout for well-backed Jersey bulls. Ayrshires sold well over the early sales, but, with the the extra large entry of this breed, tho demand slackened toward the finish. Good dairy type Shorthorns also sold readily. Large pennings of grades have been submitted arid here again good quality bulls have met a ready sale at prices in advance of those ruling at the same fixtures last year.

Beef,—Values for fat cattle have shown little alteration. Only medium entries have been penned at most centres and this has no doubt been mainly responsible for maintaining prices, but larger yardings would ni) doubt result in lower rates. The offering of ox beef at the central yards on Tuesdaywas the smallest for some time, and although bidding was not spirited, on the whole values were steady. The quality of an average yarding of cows and heifers was not up to recent standards, and while individual quotations were not as high as last week, on a quality basis values showed little alteration. lleavy prime bullocks made £l2. 10s to £l3 oS; prime. £ll 10s to £l2 ss; light, £lO to £11; extra prime young cows and heifers, £9 10s to £lO 10s; prime, £S to £9; light, £0 10s to £7 10s. Mutton.—A large proportion of medium yardings of mutton now comprise shorn sheep which appear to he selling l>elter in comparison than woolly sorts. Apparently some graziers have gone through their flocks and taken out the dry ewes, as quite a number of good quality ewes have recently been coming on to the market. A slightly larger yarding was penned at the Frankton sale on Tuesday. The market opened quietly, but improved! as the sale progressed and on the whole recent rales were fully maintained. A few spring lambs were penned and .sold tip to 36s 6d. Heavy prime shorn wethers made 32s to 31s Od; prime, 30s to 31s Gd; light, i!Ss io 29s (id; prime shorn maiden ewes, to 29s 3d; heavy prime shorn ewes, 23s Od to 27s Od; medium, 20s to 22s 6d; Jiglit, 17s to 19s.

Pig*.—-Larger yanlings of fat pisji! are now coming forward at most Waikato centres. More bacon buyers v are nmv _ operating: and prices for this class remain firm. Buttermilk feeders have. been more active this week and pigs suitable for their requirements have been dearer at some sales. In spite of large entries of stores and weaners, prices for these remain very high. Baconers sell from .£:? 10s to .€1 10s; -heavy porkers and buttermilk pigs, .€3 3s to £3 Os; medium, porkers, £'2 Its to £3 2s; light, to £2 15s. GOOD PUKEKOHE CLEARANCE A very heavy yarding of dairy cattle was received ai the weekly stock sale at Pukekoho yesterday, conducted by Alfred Buckland and Sons, Limited. Practically a total clearance was made in the dairy section, at satisfactory prices. Alt classes of fat. Store and boner cattle also sold readily at lato rates. The demand for store cows, yearling heifers and lient bulls was specially strong. The pig pens wore all filled to capacity, and both fat and store pigs sold to keen competition. Dairy tows made £-4 to £ls 10s; heifers, £5 to €l4 10s; herd bulls, £6 10s to £0 8s; small fat steers, JCS tOs to £9 ios ; prime young cows atsd. heifers, £Cr 5s to £lO 2s Od; fat Jersey- tows. £5 to £?-ss; store cows, CI to £0; boners, £l. 10s to £1 iTs Gd,- two-year mixed > colour store steers. £0 lis; yearling Jersey heifers, £3 10s; potter bulls. £4 to St 15s? yearling—bulls £5 to £8 10s; baconers, £!V 16s to £ 1 13s; light baconers and buttermilk pigs, £3 3s to £3 15s s porkers. £2 SS to £3"25u "Slips and stores. £ I 10s to £2 15s; weaners, £1 2s to £1 ISs; service boars, to Tgns; sows with litters. £« 5s to £l3 15s; sows due to farrow, £4 2s Od to £7 ITS Od; cUoppcrs, £2 10s to £1 I ts. '

DEMAND FOR TIMBER MILITARY CAMP NEEDS COMPANY'S SUCCESSFUL YEAR [from: ouu owx conn espoxd ext] HAMILTON", Thursday "All North Island sawmills liave been _ busy supplving Government needs for camps and other military requirements, ' said Mr. A. L. lompkins, chairman of directors of the Bartholomew Land and Timber Company, Limited, at the annual meeting of the company to-day. The company's results for the vcar had been satisfactory, he continued, and a bonus of 1 per cent had been paid to shareholders in addition to the usual dividend. Mr. Tompkins mentioned that the military requirements had been for both high and low grade timber. Forestry companies and tho military , authorities had absorbed a large number of timber-workers, and experienced men were hard to secure. The company's plant had been well maintained, and reserves of capital had been increased. , - Mr. J- A. Gentles was re-elected a director, and Mr. L. N. Ross was reappointed auditor. Mr. Tompkins was re-elected chairman of directors. Thanks were passed to the staff tor their loyal co-operation throughout the year. ■

BRITISH EXPORT TRADE STEADY VOLUME MAINTAINED (Received September 26. 5.5 p.m.) British Wireless LONDON, Sept. 25 The export of United Kingdom goods in August was valued at £32.554,729 sterling, compared with £"31,189.244 in Julv and £37.076.974 a-* year ago. Imports (totalled £95,019.856, compared with £87,007,530 in ..the previous month and £81,073.119 in August last-year. Re-exports in these periods were, respectively, £1,391,968 and £1,819,204 and £4,488 ; 350. •

MINING NEWS Speaking at the animal mooting of Gillespie's Bcacli Gold Dredging Company Limited, in Dunedtn, the chairman,' Mr. J. M. Stewart, said tho average gold recovery over the < l*--y» >- Yards treated during the year amounted to onlv 1.93 d a yard on the basis of. gold at £4 an ounce. This antqmatienllv increased to o.Ood a yard for value received, but the higher price was offset bv increased costs, Sinco tho" end of the year the ground had improved in value and the outlook was more' hopeful. Mr. Stewart estimated that six or seven years' dredging would be necessary to cover the company s area. NEW RIVER MISHAP The New River dredge, ■ Which has been working an area in the New Riyer near Marsden (West Coast), was holed last week and sank in the dam. Tho dredge was working in shallow water. THE LEVY ON WOOL [BY TELKGBAFH —PRESS WELLINGTON. Thursday, The rates of the levy on all wool produced in New Zealand are announced in a Gazette notice to-night. They are: —Sixpence a bale, threepence lor each fa dee, and a penny a bag or sack*. These rates, which are unchanged; will apply on all wool produced in NewZealand which at any time during the season commencing October 1 this year is exported from the Dominion, or is delivered to a wool manufacturer for use in New Zealand.. : *