FAT STOCK SALES

New Zealand Herald, Volume 79, Issue 24203, 19 February 1942, Page 3

FAT STOCK SALES

\ 1 WESTFI ELD VALUES jfj SLIGHT DECLINES SHOWN Bidding was slack for a large yarding of cows and heifers at yesterday's weekly sale of fat fltock at Westfield The ox beef entry was no more than average, and all beef prices showed an easing tendency. Top price for a steer was £l4 15s. The demand slackened during the sale for a good yarding of calves, values being up to late quotations. Extremely low prices were recorded for unfinished, bucket-fed and Jersey bull calves, which were not sought after. An average sheep entry met steady competition, prices being firm on late Quotations. Average numbers of lambs met keen competition and prices were firm. Values were again good for the pig yarding, although unfinished and store pigs showed no Improvement.

COMPARISON OP QUOTATIONS The following is a summary of the prices realised for fat stock for the list two weeks at the Westfield fat stock sales:— This Week Last Week BEEF (per 1001b.) Extra choice ox 39/. 40/. Choice and prime <»* ■ • , . 36/- to 88/- 37/- to 39/Choice and prime cow and heifer 32/- to 34/- 82/- to 86/Boner & rough 22/• to 24/- 24/- to 28/S .EEP (per head)— Prime wethers 22/- to 28/9 22/6 to 26/6 Unfin. wethers 15/- to 20/- 17/6 to 20/Pnme ewes . 10/- to 14/6 10/- to 14/Unfin. ewes 2/- to 9/6 2/- to 8/Prune lambs 16/6 to 27/6 17/- to 26/3 CALVES (per head)— Runners .. 100/- to 150/- 110/- to 180/Vealers .. 20/- to 85/- 20/- to 110/PIGS (per head)— ,• Baconers .. 66/- to 84/- 66/- to 83/Porkers .. 40/- to 57/- 40/- to 57/Weaners .. 3/- to 7/- 2/- to 7/Sbps .. 8/- to 14/- 8/-' to 14/Large stores . 15/- to 23/- 16/- to 23/details of sales

THE AUCTIONEERS' REPORT Alfred Buckland and Sons, Dalgety and Company, and the New Zealand Loan and ilercantile Agency Company report:— Beef.—The yarding of ox beef was an average one. Competition was not keen and an easier sale resulted. A big yarding of cows and heifers was penned. Competition also fu 35 , arid values rnled a good deaf easier week - Extra choice ox. to 39s per 1001b.; choice and prime. 36s to 3Ss; secondary and plain, 32s to 345; extra prime young cow and heifer, 80s to 345; choice and prime. 26s to 2Ss; ordinary cow beef. 22s to 245; extra heavy prime steers, £l3 10s to £l4 15s; heavy, £l2 15s to £l3 ss; lighter, £l2 to £l2 10s; light, £lO 10s to £ll 10s; small and unfinishd, £8 to £i) 10s; extra heavy prime yoiing cows and heifers, .£<) to £9 10s; heavy, £7 10s to £8 10s; lighter, £0 10s to £7; others, £4 to £■"> 10s. Sheep.—An average entry of skeep sold under stead competition and values for both wethers and ewes ruled firm on late quotations. Extra heavy prime wethers. 27s to 28s 9d; heavy -2"is (id to 26s 6d; medium, ,24s to 2-ls Od; light. 22s to 23s 6d ; plain and unfinished 15s to _2os; extra heavy prime young and maiden ewes, 12s to 14s 6d; heavy, lis to lis Od: lighter. 10s to 10s 6d; plain and aged, 8s Od to 9s 6d; others. 2s to 7s 6d. Lambs.—Competition for an average entry of lambs was good and' a firm sale resulted. Extra" heavy prime lambs, 26s 6d to 27s 6d; heavy, 24s 6d •to 25s 6d; medium. 22s to 235; lighter, 19s to 2Cs; light, 16s 6d to 18s; small and plain, 7s, to 15s. Calves.—There was a good yarding. At the start ol the sale bidding was very keen and values showed an improvement, but the demand slackened as the sale progressed and values were on a par with late quotations. Unfinished, bucket-fed. and Jersey bull calves were not wanted and values were extremely low. Medium runners, £5 to £7 10s; heavy veaiers, £4 10s to £5 14s; medium, £3 10s to £4 ss; light. £2 10s to £3, ss; small, £1 to £2 8s; unfinished and bncket-fed, 10s to £1; bobby and rough, 7s to 17s. Pigs.—There was an average entry. Values for baconers were again fully firm. Prime porkers also sold well, while unfinished and store pigs showed-- no improvement in price. Choppers, £1 to £2 15s; heavy baconers, £3 ISs to £4 4s; medium, £3 13s to £3 17s; light, £3 6s to £3 103; heavy porkers, £2 14s to £2 17s; medium, £2 6s to £2 10s; light, 2 to £2 2s; small and unfinished. £1 Ss to £1 15s; stores. 15s to £1 3s; slips. 8s to 14s; weaners,-3s to 7s.

ADDINGTON MARKET [BY TELEGRAPH —PRESS ASSOCIATION] CHRI3TCHURCH, Wednesday Entries were above normal at to-day's Addington sale, particularly in the store ewe section. Generally values were on a parity with those ruling last week. Store lambs numbered 5700 head. Extra good made to 20s lid; good forward rape, ISs 3d to lfis 6d; medium, 16s 6d to 17s 3d; ordinary, to 16s; and small and backward, about 12s 6d. The fat lamb entry of about 3400 was of good quality. Prices were scarcely. as firm as at last week's firm sale. About 3500 fat sheep were penned. The quality was good. Wethers were slightly easier. Ewes, especially better quality, sold at fully last week's parity. Extra prime wethers made to 345; good,. 27s to 29s Id; light to medium, 24s to 26s 6d. Best young ewes made' to £1; good, to 18s 6d; and export, 10s 5d to 12s 6d. The fat cattle entry totalled 530 head, including wellfinished medium-weight steers and prime heavy-weights. Good , beef made from 39s 6d to 42s Gd per 1001b; medium to good, 36s to 3Ss 6d; ordinary, to 355; and inferior, down to 245. Best steers realised from £l4 to £l9 7s 6d; light and ordinary, £lO 10s to £l3 ss. Prime heifers made £l2 to £l4 7s 6d; light and medium, £7 5s to £9 158. Best cows sold at £9 5s to £lO 15s; light and medium, £4 10s to £8 os. In the fat pig section, the porker entry was of similar size to that of last week, and values improved by 2s to 3s a head. Heavy porkers made £2 16s 6d to £3 Is 6d; light and medium, £1 19s 6d to £2 14s 6d. Light and medium baconers made £3 2s 6d to £3 19s 6d; and heavy, £4 Os 6d to £4 5s 6d. The average price per lb for porkers was 6%d to Bd, and for baconers, 6Vid to 7d.

M.K. MANUFACTURERS EARNINGS HIGHER AT £16,688 A net profit of £16,658, compared with f 13,603 for 1940, is shown by M.K. Manufacturers, Limited, for the year ended December 31. With £SO2 brought forward the balance available is £17,490, which the directors recommend should be disposed of as follows: —Payment of dividend of 6 per cent, unchanged, on April. 16, £2257; transfer to taxation reserve, £13,600; carry forward, £1033. In their report the directors state that considerable inconvenience was experienced through delays in the arrival of raw materials, but- no shipments were lost through enemy action. Production figures showed a normal increase in spite of difficult trading conditions. The balance-sheet total ,at £110,228 Is £16,891 higher. The report also mentions that every member of the staff had opened a national savings account and they had raised £2067 in aid of the fightmsr forces fund.

MINING YIELDS The Barrytown group of West Coast gold dredges won 14420 Z. of gold during the first half of Febraary. Details.—Arahura, <400z.. 118,000 vards, 255 hours; Barrytown. 5290z„ 71.000 yards. ISO hours; Kaaieri. 1730z.. 214,000 yards, 230 hours. Argo (Reefton).—2-loz.; 10,500 yards; .UA hours.