COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19128, 24 September 1936, Page 3

COMMERCIAL

FRANKTON STOCK SALE FAT EWE FRIGES RECOVER At the Frnnkton stock sale on Tuesday, competition Cor wethers was not quite as keen as last, week, bill little variation in prices was recorded. The demand for l'nt ewes was better and prices regained approximately half the drop of last week. Hoggets were penned in large numbers and the demand was good, late rates being fully maintained. Buyers were offered a full entry of ox beef, comprising mostly well-tiuisiied cattle. Competition was good, with prices firm. Betterrl.'iss ox and heifer beef was in shorter supply and sold,well. Second quality was also short and showed :i decided improvement. OPOSSUM SKIN SALE GISBORNE AVERAGES Skins sen! from Gisborne averaged betwetn 5s fid and 4s 9d at the Dunedin sale, al which (.here was a large offering. Messrs. Dalgefy and Company report that a fairly sharp drop was expected in values, but there was a strong demand from overseas, and (he market, did not recede as much as: expected. Blacks and browns were par to 3d lower, and blues, greys and red necks 3d to Is lower. The toj) price secured by the firm was 16s 7d for blues and 7s for blacks. Representative averages were :—Callins and Wyndbam. 3s. to 10s 10d ; .Southland, 5s to' 8s 3d; South Canterbury, 4s to ss; North Canterbury. 4s 9d In 7s: Marlborough. 4s to 6s;'West Const. 5s 3d to 4s 8d; Wellington, 6s to 8s 3d; Auckland. 6s 6d to 8s 3d ; Wanganui, 6s 3d to 8s 3d; Taranaki. 4s 6d to 7s 3d; Hawke's Bav, 6s 6<l to 8s: Gisborne. 3s 8d to 4s 9d.' HASTINGS STOCK SALE BEEF VALUES STEADY Values for fat cattle at the Hastings stock sale yesterday remained steady on last week's rates. The yarding totalled 300. and competition was good. Several bullocks sold above £l2. and prices reached £l2 10s, prime cows ranging from £9 to £lO. the latter being for a weil framed Shorthorn, while the. best of the heifers sold from £9 Cs to £9 15s, a number reaching this level. OPOTIKI DAIRY YEAR AVERAGE PAY-OUT OVER 13D The Opotiki Dairy Association's directors recommend an additional payment of 3d per lb. over the whole season and special treatment for winter butterfat, bringing the average, for the past, season up lo over 13d per lb, or 3d more than the previous season. Average payments already received by suppliers equal 12d per lb, according to the annual report. A final payment of |d per lb. on butterfat for the whole year plus 2d per lb. on June and July butterfat. was made, this week. This absorbed £14,705, leaving a balance of £1047, from which the directors recommended that 3-| per cent interest be paid on all share capital paid up at July 31, 1935. leaving a. balance of £SB to be carried forward. This will make the actual cash payment at the farm gate of 12|d for the 10 months from August 1, 1935, to May 31, 1936, and -for Juno and July supply 14;jd. With cream cartage and dividend added, the. average payment over all grades will amount, to 13.086 d per lb. butterfat. The output for the year showed an increase ot 56 tons.