COMMERCIAL

Southland Times, Issue 20011, 27 October 1926, Page 2

COMMERCIAL

WALLACETOWN SALE. A DEPRESSED MARKET. Prices for both fat cattle and fat sheep were down compared with those ruling a fortnight ago at the Wallacetown sale yesterday. The quality of the stock was fair and in a lot of cases good, particularly in the cattle pens. A butcher’s estimate of valued placed the various grades of beef at the following figures per 1001b:—Heavy bullock beef 32/6; light bullock beef 35/-; heifer beef 27/6; cow beef from 24/- to 25/-. The following is a comparison of entries at the three last sales.

FAT SHEEP.—The fat sheep yarding was considerably larger than last sale and comprised something over two races with many well-finished sheep with a fair percentage of medium quality and a few good ewes. Prices all round showed a decline of about 2/- per head on the previous market and in parts passings were not infrequent. Butchers required their usual fortnightly supply but the yarding was somewhat in excess of the demand and had it not been for some outside buyers and country butchers operating prices would have shown a greater reduction. The fat lamb yarding was a small one, but prices were quite satisfactory and a couple of pens of nice prime Jambs realised up to 27/9 for the best. Prices may be quoted as under: —Extra prime wethers up to 39/-; good butchers wethers 31/- to 34/-; lighter and unfinished sorts from 27/6 to 31/-. Extra prime ewes up to 29/6; medium weights 24/- to 27/-. Fat lambs 23/6 to 27/9. F.|T CATTLE.—Yesterday’s market although not up to the previous sale in numbers comprised some of the best finished cattle yarded at Wallacetown this season. Prices all round, quality considered, were somewhat easier than those ruling at the previous sale, but the bulk of the yarding was cleared at auction. Outside buyers from various parts of the’ province were operating and their competition considerably stabilised the market with the result that though values receded somewhat this was not particularly noticeable in good quality cow and heifer beef. In ox beef, however, the reduction was more marked. Prices may be quoted as follows:—An extra prime ox brought £l6; good butchers’ bullocks from £ll to £l5; lighter steers from £9 to £lO 10/-. Extra prime cows up to £l2 5/-; prime sorts from £8 10/- to £lO 10/-; lighter sorts from £5 to £7. Extra prime heifers up to £lO 10/-; prime from £8 10/- to £10; lighter sorts from £6 to £7 10/-. STORE CATTLE. —There was a large yarding of store cattle of mixed sorts. The entry was quitted at prices on a par with recent rates. Sales may be quoted as follows:—Good conditioned three-year-old bullocks £10; two and two-and-a-half-year-old bullocks £7 17/6; 18-month steers £4 15/-; yearling steers £3 10/-; empty heifers (two-year-olds), £3 5/-; others up to £4 12/-; empty cows 30/- to £3 10/-; yearling heifers 35/- to £2 1/-. About fifty dairy cows were penned, the grades varying slightly. Anything good met a fair demand. Good cows just calving and at profit sold from £7 10/- to £9 15/-; aged and inferior lowering accbrdingly; good heifers close to calving made £4 up to £5 5/-. STORE SHEEP.—A small yarding of store sheen was forward consisting chiefly of ewes and lambs, which experienced a good demand. A pen of aged ewes with good lambs brought 17/5 all counted. Other "all counted” lines were disposed of from 12/1 to 16/-. A pen of medium ewe hoggets realised 13/2. McNAB SALE. CATTLE DULL. The fortnightly stock sale was held at McNab yesterday in fine weather, there being a small attendance of farmers. No fat sheep were penned. In the store pens a line of hoggets realised 25/5, and a pen of ewes and lambs 15/-, all counted. Sales were as follow: Wright, Stephenson and Co., Ltd.: 57 wether hoggets 25/5, 48 ewes and 48 lambs 15/-, all counted. N.Z. Loan and Mercantile Agency Co., Ltd.: 57 wether hoggets 25/5. Some very nice bullocks were brought in by Turnbull’s trustees, but failed to reach the reserve and were passed in at £l3 5/-. Fat cows and heifers changed hands at up to £6 15/-. Business in the store pens was very dull, and the bulk of the offering was passed in. Forward steers made £7 2/6, dairy cows up to £7, and empty cows and heifers up to £3. Sales were as follow: Wright, Stephenson and Co., Ltd.: Store cow £2 5/-, dairy cow £5 17/6, 2 heifers £3. Southland Farmers’ Co-operative Association, Ltd.: Two fat. heifers £6 10/-, fat cow £6 15/-, 3 store steers £7 2/6, cow and calf £7, cow £6 12/6. Passed in: Fat heifers £3, 3 at £5 17/6, £3, 3 store steers £6 7/6, 5 calves £1 10/-, 5 empty heifers £2 10/-, dairy heifer £5 17/6, cow £2. PUBLIC TRUST OFFICE. * STATEMENT FOR SEPTEMBER. The following particulars of the loan transactions of the Public Trust Office and new business reported during the month ended September 30, 1926, have been supAuckland.—Tofua, Hinemoa, Tresilliaty City of Canton, Niagara, Rimutaka, Tutanekai, Kaitoke. Wellington.—Wahine, Maori, Ngaio, Arahura, Maheno, Ruapehu, Hororata, Kaiapoi, Kia Ora, Queen. Maud. Awarua. —West Islip, Canadian Commander, Thalatta, Kathlamba, Waihora, Manuka. Chatham Islands.—Ruahine, City of Canton. TELEGRAPHED REPORTS. Auckland, October 26. Arrived: Niagara and Marama from Sydney ; Surprise from Norfolk Island. Sailed: Tutanekai for northern lighthouses; Niagara for Vancouver; Rimutaka for London; Poolta for Greymouth. Wellington, October 26. Arrived: Kaimanawa from Auckland; Maori from Lyttelton; Maheno from Sydney. Sailed: Kahika for Napier; Hororata and Totara for New Plymouth; Maori and Wootton for Lyttelton. Dunedin, October 26. Sailed: Calm for Wellington. London, October 25. Sailed.—From Panama: Tainui.

October. Sept. 28. 25. 12. Store cattle . . ... 310 160 238 Fat cattle .. .. 314 — — Store sheep . . .. 358 363 279 Fat sheep .. . . .. 1049 835 1190 Dairy cows . „ 51 56 108 Lambs .. .. . .. 6 7 .. — Vealers .. . 1 1