STOCK VALUES

Southland Times, Issue 22813, 12 February 1936, Page 3

STOCK VALUES

LORNEVILLE SALE POOR QUALITY FAT CATTLE ENTRY There was little alteration from last week’s values at the Lorneville stock sale yesterday, although the market was not a consistent one. The fat cattle and fat sheep yardings were slightly bigger than those of last week, but good .quality was not conspicuous in the former entry. There were very few attractive bullocks, aged and inferior cows making up a big proportion of the yarding. Values were on a par with o those of the previous fixture. Good quality ewes did not alter, either, but fat wethers were a shade easier. The yardings yesterday and those of last week were as follows;—

The entry included 450 fat lambs, five vealers, two bulls and five dairy cows. Store Cattle. The entry in this section was a very small one indeed. In fact, it was the smallest and the least attractive for a considerable time. A line of 10 mixed yearling steers made £1 11/- a head, and a pen of three-year-old steers in good condition brought £4 10/-. Empty cows were not wanted, but one or two good dairy cows, sold well, making £5 7/6 and £4 5/-. The National Mortgage and Agency Co. of N.Z. Ltd. sold:—On account of A. L. Chisholm, 1 steer at £1 7/6; A. Stevens (Glencoe R.D.), 2 empty cows at 16/-; J. Stuck (West Plains), 1 dairy cow at £4 5/-; W. Calvert (Glencoe R.D.), 1 dairy cow at £5 7/6. The Southland Farmers’ Co-oper-ative Association, Ltd., sold:—On account of A. C. Townley (Wrights Bush), 3 cows at £1 13/-; R. Russell (Waikiwi), 10 steers at £1 11/-, 4 heifers at £1 11/-; H. F. Ward (Fairfax), 1 bull at £2 17/6. Wright, Stephenson and Co. sold:— On account of the Jones estate (West Plains), 1 empty cow at 10/-. « Fat Cattle. The yarding was a little bigger than that at last week’s sale, but about twothirds of it comprised aged and inferior cows, there being a very small percentage of good quality bullocks and heifers. For anything of good quality, there was quite a fair demand, prices being much the same as those ruling last week. It was difficult to sell aged and inferior cows, though, and passings were frequent. Prime quality bullocks made up to £9 12/6, good quality handyweights from £7 to £7 15/-, lighter weights from £5 10/- to £6 10/-, and small and unfinished down to £4 10/-. Good quality heifers realized from £5 5/to £6 5/-, good quality lightweights from £3 15/- to £4 10/-, and small and unfinished down to £2 10/-. Fair quality heavy cows made u to £4 15/-, medium quality from £3 5/- to £4, poorer quality from £2 5/- to £2 15/-, and aged and unfinished down to £1 5/-. , The Southland Farmers Co-oper-ative Association, Ltd., sold:—On account of E. Ladbrook (Invercargill), 1 heifer at £3 7/6; A. C. Townley (Wrights Bush), 1 cow at £4 10/-; R. Russell (Waikiwi), 1 bullock at £7 10/-, 1 cow at £4 2/6, 1 vealer at £1 5/-; 11. F. Ward (Fairfax), 1 heifer at £3 12/6, 1 cow at £3 12/6; L. A. Ferguson (Myross Bush), 1 cow at £4, 1 at £1 7/6, 1 at £1 12/6, 1 at £1 15/-; Cockburn Bros. (Morton Mams), 1 heifer at £2, 2 cows at £1 12/6, 5 at £1; J. McLean (Makarewa), 1 heiter at £4 5/-, 1 cow at £4 15/-, 1 at £4, 1 at £4 5/-. The National Mortgage and Agency Co. of New Zealand, Ltd., sold:—On account of A. L. Chisholm, 1 steer a £2 10/-, 1 heifer at £2. 1 steer at £7 5/-, 1 at £7 10/-, 1 heifer at £6 5/-, 1 cow at £2 5/-, 1 vealer at £1 10/-; T. B. Crowe (West Plains), 1 cow at £1 10/-, 1 at £1 5/-; A. Stevens (Glencoe R.D.), 1 cow at £1 12/6- H. Blackmore (Morton Mams), 1 steer at £5 17/6, 1 at £4 10/-, 2 at £5 15/-; R. Russell (Waikiwi), 1 cow at £3 10/-, 1 at £3; estate of the late J. Calder (Morton Mains), 2 heifers at £3 17/6, 1 steer at £6 12/6, 1 at £5 15/-, 2 heifers at £5 10/-, 1 at £5 5/-, 1 at £4 10/-. Dalgety and Co. sold:—On account ot J. Palmer (New River Ferry), 2 steers at £3 5/-, 1 heifer at £3 15/-, 1 at £3 10/-, 1 steer at £3 10/-, 1 at £2 5/-; J. Aitken (West Plains), 1 heifer at £3 12/6; W. Duggan (West Plains), 1 heifer at £3 5/-, 1 at £1 5/-; client (Otautau), 1 steer at £7 7/6, 1 at £6 2/6, 1 cow at £3 10/-, 1 at £3 2/6, 1 at £3 7/6, 1 at £3, 1 heifer at £3 15/-, 1 at £2 12/6, 1 steer at £3 10/-, 1 at £5 5/-, 2 cows at £3 12/6, 1 at £1 2/6; W. D. Fleming (Waimahaka), 1 heifer at £1 17/6, 1 at £2 12/6, 1 at £1 10/-, 2 cows at £2 15/-, 2 at £2, 1 at £1 2/6, 1 heifer at 12/6. Wright, Stephenson and Co. sold:— On account of Price Bros. (Waikiwi), 2 bullocks at £9 12/6, 8 passed; client (Lorneville), 1 cow at £3 17/6, 1 at £2 10/-; M. Crowe (Makarewa), 1 cow at £2 10/-, 1 at £2. Henderson and Co. sold:—On account of W. McDougall (Makarewa), 1 cow at £2, 1 at £3; client (WestPlains), 1 steer at £2 15/-, 1 heifer at £3 17/6, 1 at £2 17/6, 1 at £2 12/6, 1 cow at £1 5/-; W. Lawrence (Makarewa), 2 cows at £2. Store Sheep. Store lambs dominated this entry, there being only a few pens of young ewes. The lambs were not quite up to last sale’s standard of quality, and values generally dropped a little. A line of 73 ewe lambs made 19/11, and another of 146 m.s. lambs 17/9. Others made over 17/-, and a number of pens brought from 13/6 to 16/-. Culled lambs brought from 8/6 to 11/-. Good two-tooth ewes made up to 33/-, and another line was passed at 30/-. A few pens of aged and cull ewes made from 2/4 to 7/6, better sorts selling at from 10/- to 11/-. Wright, Stephenson and Co., sold:— On account of a client (Waikiwi), 55 ewes at 27/6; C. Haig (Riverton), 64 lambs at 14/-; J. Cooper (Grove Bush), 10 m.s. lambs at 16/6; J. E. Jefcoate (Mokotua), 150 two-tooth ewes at 33/-; client (Woodlands), 110 lambs at 14/6; Strathallan Estate (Waimahaka), 153 lambs at 15/-; client (Fortrose), 88 lambs at 15/-; J. Fahy, a pen of ewes at 3/3, a pen of lambs at 5/-. The National Mortgage and Agency Co. of New Zealand, Ltd., sold:—On account of A. Jones (Kapuka), 31 m.s lambs at 16/-, 20 ewes at 3/1; client, 48 ewes at 6/-, 115 m.s. lambs at 13/6; M. Bruland (Waianiwa), 8 lambs at 13/-; Eunson Bros. (Glencoe R.D.), 33 m.s. lambs at 13/2, 67 f. and f. ewes at 2/7, 146 m.s. lambs at 17/9; T. D. Blackmore (Longwood), 39 m.s. lambs at 17/1; Cronin Bros. (Mabel Bush), 23 wethers at 17/-; estate of the late J. Calder (Morton Mains), 30 ewe lambs at 17/-, 42 wether lambs at 15/-; client. 1 lamb at 15/-; J. H. Fowler (Branxholme), 38 m.s. lambs at 10/6; client, 2 rams at 10/-, 2 at 5/-.

The Southland Farmers’ Co-operative Association, Ltd., sold:—On account of R. Russell (Waikiwi), 44 lambs at 14/3. 31 ewes at 7/3, 7 at 2/6; L. A. King (Rakauhauka), 68 wether lambs at 15/-, 145 at 15/6, 73 ewe lambs at 19/1; R. Anderson (Lorneville), 65 f.m. ewes at 21/3; W. McDowell (Lorneville), 71

ewes at 7/4; J. R. Cassidy (Makarewa), 54 lambs at 17/7; F. J. Perriam (Kapuka), 9 m.s. lambs at 17/10; N. McIntyre (Tussock Creek), 45 lambs at j 16/6; client, 77 ewe lambs at 19/6. i Henderson and Co. sold: —On ac- ' count of a client (Kennington), a pen of two-tooth ewes at 25/-; H. and R. McKenzie (Woodlands), 80 lambs at 15/1, 21 at 7/9; W. Moncur (Kennington), 11 cull ewes at 2/4; G. Grey (Ryal Bush), a pen of lambs at 17/3. Dalgety and Co. sold: —On account of A. S. Hohns and Sons, Ltd. (Waimahaka), 80 wether lambs at 14/3; J. C. McFarlane (Otara R.D.), 1 ewe at 25/6. 4 at 7/-. Fat Sheep. Freezing quality ewes comprised the bulk of the fat sheep offering, the proportion of good wethers and ewes being comparatively small. Wethers eased a trifle, but good quality ewes maintained their value. Prime quality wethers made up to 25/9 and 26/-; good quality from 23/- to 23/6; medium 20/6 to 21/6, light and unfinished down to 18/-. A small pen of ewes made 24/3; but heavy ewes averaged from 12/6 to 15/6, freezing quality bringing from 10/- to 11/3. The fat lamb entry was not a big one and prices ranged about export value levels. Heavy butchers’ lambs brought up to 27/9 and 28/3, prime quality freezing lambs 23/6 to 24/6, medium from 21/- to 22/6, light and unfinished from 19/- to 20/-. The National Mortgage and Agency Co. of New Zealand, Ltd., sold:—On account of T. D. Blackmore (Longwood) 29 lambs at 20/-, 4 at 25/9; T. Hardy (Underwood), 3 lambs at 23/9, 2 at 20/9; Mrs Hardy (Underwood), 2 lambs at 24/-, 29 ewes at 10/6; A. Jones (Kapuka), 22 lambs at 20/—; M. Bruland (Waianiwa), 20 lambs at 20/-; A. Stevens (Glencoe R.D.), 17 lambs at 20/— 9 ewes at 11/-, 2 wethers at 22/9; W. G. Saville (Myross Bush), 7 lambs at 18/6, 4 ewes at 11/-; R. McEwing (Taramoa), 3 lambs at 24/-; W. Latham (Woodlands), 5 lambs at 20/6, 23 ewes at 10/6; Cronin Bros. (Mabel Bush), 7 wethers at 16/6, 11 at 19/-, 9 at 18/3; ■ W. Lightfoot (Tussock Creek), 9 ewes at 13/-, 8 at 11/-; J. Nicol (Waianiwa) 4 wethers at 21/6, 1 ewe at 10/6; W Calvert (Glencoe R.D.), 9 wethers at 23/3, 8 at 23/6, 5 at 22/9, 6 at 23/3, 1 ewe at 11/6; client, 9 ewes at 11/-; The Southland Farmers’ Co-operative Association, Ltd., sold:—On account of H. Somerville (Mabel Bush), 10 lambs at 23/6; N. Mclntyre (Tussock Creek), 20 lambs at 21/3, 1 ewe at 11/3; client, 6 wethers at 18/6, 10 at 25/-; G. Robertson (Lorneville), 6 wethers at 18/-; M. Summers (Mokotua), 2 wethers at 26/-, 12 at 24/-, 7 at 25/9, 10 at 24/3, 8 ewes at 12/-, 12 at 12/3, 9 at 13/6; R. Russell (Waikiwi), 12 ewes at 11/-, 13 at 11/9; J. E. 'Hickey (Woodlands), 14 ewes at 11/-; W. L. Gray (Wallacetown), 9 ewes at 13/6; G. Gray (Wallacetown), 6 ewes at 14/-, 10 at 12/3; A. C. Gormack (Woodlands), 8 ewes at 15/3, 10 at 11/9, 11 at 15/3, 11 at 11/6; J. R. Cassidy (Makarewa), 1 ewe at 15/6, 1 at 12/9, 2 wethers at 21/3; J. Chisholm (Lorneville), 7 ewes at 12/-; 1 A. Lindsay (Isla Bank), 6 wethers at 23/-, 6 at 21/3, 2 ewes at 8/6; F. Perriam (Kapuka), 6 lambs at 22/—. Wright, Stephenson and Co. sold:— On account of Mrs Blackler (Lorneville), 2 lambs at 24/-, 2 at 22/-; T. A. Fleming (Tussock Creek), 16 wethers at 20/6; 39 at 20/9, 30 at 20/6; J. Cooper (Grove Bush), 20 lambs at 23/-; C. H. Wilson (Lorneville), 8 ewes at 11/3; W. L. Sharp (Hedgehope), 19 ewes at 11/-, 27 at 10/-, 12 at 8/6; J. Fahey (Waimatua), 9 ewes at 10/6; T. A. Fleming (Tussock Creek), 84 wethers at 20/6; H. G. Brown (Oteramika Road), 6 ewes at 11/6; T. W. Fraser (Branxholme), 8 ewes at 10/9, 20 at 11/3, 2 at 15/6, 1 at 13/6; Forde Bros. (Lorneville), 2 lambs at 28/3, 4 at 26/9; W. Spriggs (Underwood), 3 lambs at 27/9; J. Hamilton (Centre Bush), 15 ewes at 11/3, 20 at 11/-, 16 at 11/9, 26 at 11/-; Brash Bros. (Waikiwi), 4 lambs at 24/-. Henderson and Co. sold: —On account! of a client (Kennington), 28 lambs at 19/6, 2 at 23/9; A. Hamilton (Otara R.D.), 6 lambs at 20/3, 1 wether at 18/3, 4 ewes at 10/-; W. Moncur (Kennington), 13 lambs at 22/3, 5 ewes at 11/-, 1 at 6/-; R. Gardiner (Kennington), a pen of ewes at 11/3; estate of William Pope (Grove Bush), 8 ewes jat 13/-, 1 at 15/6, 16 ewes at 11/6, 22 at 11/-, 10 at 11/3; client (Lorneville), 9 wethers at 24/-, 8 at 23/-, 7 at 22/6; G. Grey (Ryal Bush), a pen of ewes at 10/6, 2 two-tooths at 18/-; A. Henderson (Kennington), 10 lambs at 26/-, 6 at 23/9/ 5 at 22/9; J. Steel (West Plains), 8 ewes at 12/-; R. J. Clark (Kennington), 31 lambs at 20/6; E. J. Cuttance (Ryal Bush), 7 lambs at 18/6. Dalgety and Co. sold:—On account of A. S. Holms and Sons, Ltd. (Waimahaka), 15 wethers at 22/-, 10 at 22/6, 7 at 24/6, 24 at 22/3, 4 ewes at 24/3; client (Riverton), 13 ewes at 11/3, 3 ewes at 10/9; Miss B. Perrin, 2 lambs at 25/-, 2 at 19/-; client (Otara R.D.), 2 lambs at 25/-, 1 at 21/-, 3 at 25/-. McNAB STOCK SALE. A small entry at the fortnightly McNab stock sale yesterday included only three pens of sheep and a fair number of cattle. In the latter class the quality was not attractive, but prices were about on a par with recent markets. Sales were: — Wright, Stephenson and Co., Ltd.— 50 mixed-sex lambs at 16/-, 3 ram lambs at 12/-, 1 fat heifer, at £4, 1 empty cow at £l, 1 2-year-old bull at £l, 1 forward steer at £1 10/-. National Mortgage and Agency Co. Ltd.—6 mixed-sex lambs at 16/2, 1 2- I tooth wether at 17/-, 8 2-tooth ewes at i 27/-, 1 empty covz at £2 10/-, 1 do. at £2 5/-, 1 do. at £2 7/-, 1 do. at £2 7/6, 3 yearling, steers and 3 do. heifers at £1 10/-, 1 dairy cow at £l, 1 heifer calf at 6/-. Dalgety and Co., Ltd.—2 empty cows at £l, 3 empty heifers at £l, 3 yearling steers and 3 yearling heifers at £1 10/-. Southland Farmers’ Co-operative Association. —1 steer at £1 10/-, 1 fat heifer at £4 15/-, 1 empty cow at £2 15/-, 1 do. at 10/-. J. E. Watson and Co., Ltd.—l fat cow at £4 7/6. I New Zealand Loan and Mercantile Agency Co., Ltd.—3 empty cows at 10/-. WELLINGTON GAS COMPANY. INTERIM DIVIDEND DECLARED. (Per United Press Association.) Wellington, February 11. At the annual meeting of the Wellington Gas Company, an interm dividend of four per cent was passed making eight per cent, for the year. Sir Harold Beauchamp and Mr George F. Pearce were re-elected directors. LONDON MARKETS. The Department of Agriculture has received the following cablegram, dated February 8, from the High Commissioner for New Zealand, London:—Tallow: Market continues quiet; values nominally unchanged. Hemp: Manila.—Market steadier on firm American demand. Fair business done up to £23 for February-April shipment. . Sisal: Market firm and active. Shippers appear well contracted ahead. February-April shipment sold up to £2B 12/6, and May-July shipment up to £29. Mexican reported 40.000 tons sold to American interests at about £25 15/- c.i.f. New York FebruaryDecember shipment leaving only 12,000 tons total Mexican production to be disposed of until the end of the year. New Zealand: Nothing to report. Apples: Better demand this week. Canadian and American arrivals small-

er. Californian Newtown 9/- to 11/-; Oregon Newtown 9/- to 12/6; British Columbian Jonathan 7/- to 10/-; British Columbian Delicious 7/3 to 10/-; i Washington Jonathan 8/- to 10/-. 1 Pears: Better demand during the last few days. Californian Winter Nelis 11/- to 14/6; Washington Winter Nelis 8/6 to 9/-; Oregon Comice 16/- to 18/-. METAL QUOTATIONS.

THE DOLLAR AND THE FRANC. (United Press Assn.—Telegraph Copyright.) London, February 10. The dollar is quoted at 5.01 9-16 and the franc at 75 to the £. THE PRICE OF GOLD. (United Press Assn.—Telegraph Copyright.) London, February 10. The price of gold is £7 0/6 an ounce, BRADFORD TOPS MARKET. (United Press Assn.—Telegraph Copyright.) London, February 10. At Bradford, although business is quiet, tops quotations are firm at recent rates, makers being reluctant to make concessions owing to the relative dearness of wool. LONDON WHEAT CARGOES. (United Press Assn.—Telegraph Copyright.) London, February 10. Wheat cargoes are in little demand, while parcels are dull. Futures.—London: March 29/2, July 29/21. Liverpool: March 6/-, May 6/July 6/lg. Chicago: May 97J, July 882. September 871.

Feb. 11. Feb. 4. Stosc cattle 37 46 Fat cattle 141 127 Store sheep 2131 2444 Fat sheep 1541 1211

(United Press Assn. —Telegraph Copyright.) London, February 7. Feb. 7. Feb. 10. £ s d £ s d Copper— Standard, spot 34 16 101 34 15 n Forward 35 4 41 35 3 u Electrolytic 38 15 0 39 0 0 to 39 5 0 39 10 0 Wire bars 39 5 0 39 10 0 Lead— Spot 15 11 3 15 12 6 Forward 15 15 0 15 17 6 Spelter— Spot 14 11 3 14 11 3 Forward 14 16 3 14 16 3 Tin— Spot 202 17 6 203 12 6 Forward 197 2 6 197 17 6 Silver— Fine, per oz 19 9-16d 19 15-16d Standard, per oz. 21Jd 21|d