Commercial DUNEDIN MARKETS

Southland Times, Issue 25328, 1 April 1944, Page 2

Commercial DUNEDIN MARKETS

Excessive Moisture In Cereal Crops (P.A.) DUNEDIN, March 31. Advice from Canterbury is that headers are still operating in the wheat areas and with a further spell of settled weather the end of harvesting operations for cereal cr°P s should be in sight. A great many of the lines are showing signs of excessive moisture and are useless to millers. The market is still bare of supplies of oats, and although a few lines have been coming to hand they have gone either direct to the millers- or into consumption. There is a steady inquiry for all varieties for shipment to the North Island, but very few lines will be available from this part for consignment north. ‘Prices remain unaltered. . Chaff supplies are barely sufficient to meet local requirements. Good bright oaten sheaf is worth £7 a ton ex trucks, sacks extra. , Earlier in the season it was not’expeeted that shipments of potatoes to the North Island would be permitted before May. but because of the good clearance of North Island potatoes to meet the requirements of the military forces it may be necessary to make shipments north during April. Digging has barely started in this district; but with favourable weather it should be general m the next' few weeks. . . The Government has advised merchants about export orders for a number of lines of small seeds booked before March 4 and this has clarified the position. In the meantime there has still, however, been no pronouncement on the maximum retail prices which may' be charged on the domestic market, and until this is done there is a general 1 inclination on the part of buyeffi to restrict their operations. There is, still an outlet overseas for several ■ lines. SALE OF STUD RAMS AND EWES Good Prices Realized At Gore Buyers from many parts of the South Island attended or were represented at a dispersal sale of “Riverslea” Romney stud rams and stud ewes conducted by Wright, Stephenson and Company, Ltd., at the Gore show grounds yesterday. The sheep were the property of the late Mrs Joseph Mosley and represented her share in the stud, which, was founded 26 years ago. Passings were negligible, and a bright tone marked the sale up to. the time the last pen was disposed of. The auction was conducted by Messrs C. H. Weir (Gore) and E. Dooge (Dunedin). The entries included two rams which have gained South Island championships. . The top price for the sale was 66 guineas for a ram bought by Mr J. G. Marshall (Rakaia). A “Riverslea” animal, its sire was Penrose 316 of 362 (33930) and its dam was Riverslea 270 of 40. Another ram, which was bought by Mr R. H. Gardyne (Waikaka) for 57 guineas (“Riverslea”. 601 of 40; sire, Penrose 316 of 36), was first and champion at Invercargill in 1942 and was also South Island champion. Another entry sold to Mr J. Ryan for 42 guineas gained third prize at Balclutha in 1942, third at Gore in 1943 and third at Balclutha ‘in 1943. The remainder of the sales were made to the following purchasers: Messrs H. Anderson (Hokonui) Signs, C. R. Mackay (Waikaia) 21gns, D. McDonald (Balfour) 26gns, J. McMillan (Herbert) 25gns, A. McCleary (Waimumu) 16gns and A. Drummond (Five Rivers) llgns. STUD EWES The demand was well sustained for the 500 stud ewes on offer. Most of the entry was sold in lots of five. The, range of prices for the one-shear ewes auctioned was from 4gns to B>/ 2 gns, but buyers paid from 3‘/sgns to 15‘Zigns for two-shear animals, although most of the entry found buyers at from S'/agns to llgns. Mr J. G. Marshall was the purchaser of the lot at IS’Agns. Three-shear ewes realized from 4’/ 2 gns to 9gns, four-shear from 3gns to 8 1 / 2 gns and five-shear, with one exception, from 3gns to 7‘Agns. One lot changed hands at 13gns, the buyer being the Southland Frozen Meat Company, Ltd. A single two-shear entry at 14gns was bought by Mr G. Faulks, a northern agent for Wright, Stephenson and Company, Ltd., for a client. Cast-for-age ewes made from 3gns to s'/2gns. The following buyers were operating at the sale: J. G. Marshall (Rakaia), J. Gibson Smith (Otara R.D.), J. McMillan (Herbert), D. M. Black (Riverton R.D.), J. W. Dunn (Waiwera South), Dalgety and Co., Ltd., J. S. Anderson (Waimatuku), W. R. McCauley (Kurow), Southland Frozen Meat Co., Ltd., E. F. Pannett (Clinton), C. Donald (Ota-> huti), A. C. Stringer (Ranfurly), A. H. Giles (Pleasant Point), A. R. Johnston (Waikaka Valley), E. Weller and Sons (Wendon), Mrs J. D. Maddeley (Kaiapoi), H. Anderson (Hokonui), M. Cramer (Te Tipua), J. W. Dunn (Wairuna), W. D. Mitchell (Wyndham), H. M. Bell (Waiwera), J. Irwin (Glenham), E. Malcolm (Bayswater), W. D. Irwin (Mataura), B. V. Ross (Te Tipua), H. Holdgate (Balclutha),' M. A. Allen (Ohai) and T. P. Johnston (Nightcaps). WYNDHAM STOCK SALE There was a big yarding of approximately 17,000 sheep at the Wyndham stock sale on Thursday. Good young ewes met with a keen demand, but prices generally were easier. The annual drafts were keenly sought after and realized from 26/- to 31/for the better classes. Good two-tooth ewes made up to 42/9 with Inferior grades from 33/- to 37/-. Good lines of dairymen’s oneyear ewes brought from 15/- to 20/-, but the inferior types were hard to sell and prices realized were considerably lower than those ruling earlier in the month. There was only a small yarding of lambs and feed sorts were easier by 2/- a head, the , range of prices being from 15/- to 20/-. A few pens of medium quality ewe lambs sold at slightly under ruling rates, best sorts bringing to-28/-and lower grades from 23/- to 25/-, There were few fat sheep on offer and these sold on a par with ruling rates. There was a large yarding of rams with best Downs making up to 13*Agns and medium sorts to Bgns. There was practically no inquiry for inferior animals. SOUTHLAND EGG PRICES Following is the schedule for wholesale egg prices in town and country areas of Southland which comes into force on Monday:— Invercargill—Heavy 2/7, standard 2/5, medium 2/3, pullets 1/9, depots '2/1. Country area— Ungraded 2/-. STOCK EXCHANGES DUNEDIN.—SaIes reported: New Zealand Loan and Mercantile 5 p.c. pref, stock £110; Inscribed Stock, 4 p.c., 1952-55, £lO6/15/-; Westport Stockton (pref.) 6/4'; Mosgiel Woollen £l3; D.I.C. (ord.) £l/1/-; Woolworths (Sydney) 19/10; Clutha River 3/-.

CHRISTCHURCH.—SaIes reported: Bank of New Zealand £2/4/8; National Insurance £1 5/-; New Zealand Loan and Mercantile (pref, stock) £110; New Zealand Refrigerating (£1 paid) £l/9/2; Wellington Woollens (ord.) £9 7/6 (2). Sales reported: Unlisted.—Westland Breweries £l/4/-. WELLINGTON. —Sales: Late Thursday, 3 p.c. Stock, 1952-53, £9B/15/-; 4 p.c. Stock, 1952-55, £lO6/12/6; Wool Bonds, 1948, £1; Union Bank of Australia £B/5/-. Friday, Woolworths Ltd. 19/10; New Zealand Insurance £4/9/6; Bruce Woollen £l/16/6; D.I.C. £l/1/--AUCKLAND, —Sales: Third Liberty Loan, 1947-49, 2Va p.c., £9B/10/-; Booth Macdonald, 1947, “5 p.c., £100; Bank'of New South Wales £36/15/-; South British £3/17/-; Newton King (pref.) £l/2/6; Westport Stockton (pref.) 6/5; Consolidated Brick 10/3; Hume Pipe 19/-; McKenzies £2/17/6; Sanford 7/3; Woolworths (Sydney) 19/10.