LORNEVILLE STOCK SALE.

Otago Witness, Issue 3996, 14 October 1930, Page 34

LORNEVILLE STOCK SALE.

INVERCARGILL, October 7. The weekly stock sale was held at Lome* ville to-day under wretched weather conditions.

Fat Sheep.—The yarding was considerably less than the previous week’s, over 300 fewer being forward. At the opening of the sale prices showed an improvement of about Is on the values ruling last week, but as the sale progressed little difference was noticeable, and at the close prices must be considered as being on a par with those of a week ago. Very few ewes were forward, a few pens selling at round about last week’s rates, whilst the bulk of the entry, which consisted of medium-weight wethers, showed little change. A few pens of spring lambs were forward. They failed to realise vendors' reserves, but were disposed of after the sale. Extra prime wethers made up to 295; medium, from 23s to 26s fid; lighter sorts, down to 21s; prime heavy ewes, up to 24s 6d; medium, 18s to 225; lighter sorts, down to 15s.

Fat Cattle. —The yarding was a large one, being about 25 head more than at last sale. The entry comprised a large number of well-finished stuff of all de* scriptions, and the quality was consider* ably above last week’s entry. The sale opened firm at recent rates, but, quality considered, prices were slightly easier, although at no stage was any very noticeable reduction evident. Prime bullocks sold up to £18; medium, £l3 10s to £l5 10s; lighter sorts, down to £10; extra prime heavy heifers, up to £l6 12s; medium, from £9 10s to £l2; lighter, £8; prime heavy cows, up to £l4; medium, from £9 to £ll 10s; lighter, £7. Vealcrs realised from 45s to £3 10s, with runners up to £4 17s.

Store Sheep.—There was a very small yarding in this section, consisting of a pen of ewes and lambs, which realised 7s Id, all counted, and a pen of medium mixed-sex hoggets, which sold at 13s lOd. Store Cattle.—The yarding was on a par numerically with that of the previous week, and consisted chiefly of yearlings, a few two-year-olds, and the usual oddments of empty cows. The sale was a good one, and prices, if anything, showed a slight improvement. A pen of exceptionally good mixed-sex yearling steers realised £5 9s; another pen of good mixedsex yearlings, £4 3s; two-year-olds of medium quality, £6 10s to £7 2s 6d; fresh-conditioned empty cows, £5 10s to £6 ss; medium sorts, £4 to £5.

There was a good entry in the dairy section, and the sale was a good one, there being a keen demand for anything of any’ quality. These sorts realised from £8 to £lO, with aged and poor-conditioned sorts down to £5. LONDON WHEAT MARKET. LONDON, October 6. Wheat cargoes are easier following reports of beneficial rain in Argentina and New South Wales, sellers reducing their limits by 3d. There was a fair amount of trading. Port Vinstra and Port Victor, for Liverpool. 29s 9d, balance Westlynn, for Italy 30s 3d (bags 29s 9d), bulk of King John 30s 3d, 29s 9d. Parcelers are obtainable at a decline of 3d to 6d. The market is quiet, apart from good business in Russians, ex Noliscment 30s. Futures: London— December and February, 27s 7d; Liverpool—October, 6s December 6s Ogd, March 6s Igd, May 6s 3Jd. SHEEPSKIN SALE. The Dunedin Stock Agents and Woolbrokers’ Association (Messrs Dalgety and Co., Ltd.. Donald Reid and Co., Ltd., Stronach, Morris, and Co., Ltd., New Zealand Loan and Mercantile Agency Company. Ltd., Wright, Stephenson, and Co., Ltd., Otago Farmers’ Co-op. Association, Ltd., and National Mortgage and Agency Company, Ltd.) report as follow: —Medium sized catalogues were offered on Tuesday to the usual attendance of buyers at the sheepskin sale. Competition was restricted, and in sympathy with reports from London, prices were lower by Ad per lb on sound pelted sinks, and by Ad to Id per lb on others. The following is the range of prices:—Halfbred full wool, to 71d; halfbred half wool, 51 d to 6d; halfbred quarter wool, 4d to 43d; fine crossbred full wool. 5Jd to 6jd; fine crossbred half wool, 4fd to 54d; crossbred full wool. 5Ad to fid: crossbred half wool. 4d to sd; crossbred quarter wool, 3|d to 4Ad: Jialfbred dead and damaged, 4Ad to 5Jd; crossbred dead and damaged. 3ld to 4£d; merino full wool, 4Ad to s}d: merino half wool. 4d to 41d: lambs, 4Ad to 5Jd; halfbred hogget, sjd to fid; crossbred hogget, 5d to 6d; pelts, 3Jd to 4{d. CANTERBURY MARKETS. CHRISTCHURCH, October 7. There is little business passing in the potato section of the grain and produce market. New potatoes are coming on to the Auckland market, and in Christchurch a number of the merchants have ceased handling local tubers. Since the last report there has been a slight firming tendency in the market, and for the Waimarino, which is due to load at Lyttelton this week, sales have been made of whites at £4 and £5 ss, f.0.b., s.i. This is equivalent to £3 to £3 5s a ton, on trucks, to farmers. This afternoon values stood at about £3 a ton, on trucks, to graders. Dakotas have also firmed in price a little, and are worth about £3 15s, f.0.b., s.i., or £2 10s to £2 15s a ton. on trucks. There is a little better inquiry for oats' locally, mostly for seed purposes. Chaff records no change in value, and is worth £5 a ton, on trucks. Small seeds are entirely neglected. Business has not been so dull for many years. SYDNEY WOOL SALES. SYDNEY, October 7. At the wool sales 11,532 bales were offered, 9689 being sold, including 256 which were disposed of privately. All the better-class wools met with good general competition, and realised about late rates. This also applied to good skirtings, but faulty sorts were difficult to sell, and there were heavy withdrawals. Greasy merino made 16d.