£40,000 IN CATTLE

Poverty Bay Herald, Volume LXIII, Issue 19124, 19 September 1936, Page 4

£40,000 IN CATTLE

THIS WEEK'S SELLING

MOOT FOR THE WAIKATO

MATAWHERO'S BUSY WEEK

Over £40.000 changer] hands in cattle deals at the Matawhero saleyards this week, and more than half of the money was found bv the VV'aikato.

Auction sales of cattle were hold at Matawhero on four days during the week. I'.etween 16G and 170 stud station cattle were sold on .Monday and Tuesday at an average of 40gns or more, making a total of over £7OOO in these alone. One beast sold as high as lOOgn.s. This was for an Aberdeen Angus, while a Hereford realised 61gns. On Thursday and yesterday, the first of the spring rattle fairs was held. The total yarding was 6050. and prices ranged up to' £9 6s for bullocks, with very few animals below £5. It is impossible to arrive at an accurate average without taking into account each individual sale, but after a review of the prices as published in the Herald yesterday and Thursday an average of £6 seems a reasonable one. This figure ou a yarding of 6050 would give » total value of .£36,300. 75 PER CENT TO WAIKATO

Taking the stud cattle and those at the ordinary cattle fair together, the total sabs, on the estimates given above, represented an aggregate of over £43,000. In addition to this, a further £2OOO changed hands at a stud Hereford sale last week, when prices went to 140gns, bringing the total for five days' selling to £45.000.

Practically all the stud bulls were purchased by' Cisborne district station owners, but most of the cattle at the fair yesterday and Thursday were bought by Waikato buvers.

flayers were present from the Manawatu. Llotorua and the Waikalo, but those from furlhorsl north outstripped the others in the bidding, and secured probably 75 per cent of the offerings. A line of steers was purchased for the Manawatu. but apart from that practically all the outside purchases went to Rotorua and the. Waikato. About 20 per cent remained with Gisborne buy-

It is usual Tor outside operators to secure the hulk of the cattle fair yardings at. Matawhero. but the propoition this week was larger than ever, indicating the great increase in the demand lor suitable sorts in the Waikato, where a shortage, is feared. HIGHER VALUES

As a result of the spirited demand from outside, values were higher than at the. last sale held in May. Grown bullocks were £1 dearer, and heifers 10s to 15s higher in price, while empty cows were nearly £1 10s higher. These calculations are based on highest prices, without any reference to quality or condition. The time of the year has much to do with the values, and >t is difficult to make a comparison, but at least with bullocks, empty cows and heifers there seems to have been a definite advance.

The following table of values quoted last May and those realised yesterday and Thursday tire of interest, highest prices lor each class only being given: May Sept. £s £ s

Moera.—r Weanera 5 0 Vearling 6 8 18-20 month 6. 10 2-ycar 7 15 2^-yeiu" 7 17 Heifers.— Weaners 312 Yearling 5 3 18-20 month 5 15 (I] own 6 17 7 10 Mature Cattle.— Iireecling cows 6 10 6 7 Empty cows 4 18 6 6 Cows with calve 9 6 10 Bullocks 8 6 9 6