COMMERCIAL

Poverty Bay Herald, Volume LXIII, Issue 19135, 2 October 1936, Page 2

COMMERCIAL

WAIKATO STOCK VALUES BATES GENERALLY STEADY Although pastures' in the Waikato look green and ready to burst away, the existing wintry conditions, prevent any advance. This delay has been disappointing to many, for cattle held through the winter are now being marketed, yet, if must be admitted, under less favourable conditions than a month ago. The beef supply is well maintained, with values reasonably steady. Although these may he expected gradually to ease, no pronounced drop is anticipated. Store Cattle.--The return to winter has undoubtedly checked competition and the eagerness of a. month ago is rarely witnessed. Steer cattle have been the chief sufferers, ami the recent high rates are seldom now attainable. It is safe to say that values throughout are lower by £1 a head, though possibly a real evidence of spring would quickly 'restore them to the old level. Good grazing cows are still in fair demand, and boners are inclined to improve. Jersey yearlings, which for a space slackened off, have regained popularity and some very brisk competition has been witnessed. Inferior classes! of cattle are not sought and transfer of these, except at low figures, is invariably difficult. Stoic Sheep.—ln this' section also a little of the earlier keenness is absent. though it is unlikely to be other than temporary. The quality offering is not of a grade lo pxeitn buyers, although ewe hoggets med merely to have their sex announced to he clamoured for. .Ewes with lambs' sell freely. Yard values of these inn from 15s to 18?*, nil counted. Wether hoggets- (good lints) arc worth from ?A6 to 275; ewes. 55s 10 40-.

MT. MORGAN PRODUCTION .Advice, has been received that the production at Mount Morgan for the four weeks ended September 30 was 26710 t:. of gold and 146 tons of copper.