COMMERCIAL.

Stratford Evening Post, Issue 64, 13 October 1930, Page 3

COMMERCIAL.

THE PIG MARKET.

I Messrs Newton King, Ltd., report. f as follows on Saturday's Haymarket i sale: A medium entry of pigs came \ forward and met with keen competition, the" demand exceeding the supply. Quotations: Weaners 18s to iBS 6d, small stores up to 375. No large stores were yarded. DAIRY PRODUCE. I ■' _____ f ' Mesrs Newton King, Ltd., report •}. under date October 11th: are this morning in receipt /of the following cablegram from our principals (Messrs R. and W. Davidson, Limited, London and Glasgow), giving us an indication of the prices 'ruling yesterday. The figures in brackets show the state of the respective markets at the date of our last report (4th October, 1930): BUTTER. $ The market is easier and has fallj en a further six shillings per hundredweight since last Saturday. Salted HOs H4s (116 s 120 s);! unsaltedl46s 150 s (146 s 150 s); wheys first 108 (112); seconds 106 s (HOs). . CHEESE.

f The cheese market is slow and i prices have fallen about two shil- { lings per hundredweight since last 5 week. ft : Coloured 68s 70s (70s 725). white I 69s 71s (71s 735). | TAKAfIAKI STOCK MARKET. § Messrs' Newton King, Ud., report I as follows for the week ending OeW tober 11th:— I During the week a disinclination § to purchase has been much in evi--6 dence, and this has resulted i\n I prices offering under the hammer 3 being, iri the majority of cases, less, l to some degree, than those expected f by vendors. However, with the I general uncertainty that exists cons cerning future prices, pessimism \i by prospective purchasers is un- | 4oubtedly warranted. Conditions J as they effect the individual sections '■| are as follows:-- _ . . ■ ;> . BEEP. "& The supplies of'the finished article r jg. this section are insufficient to V »eet the demand', and a hardening of prices for good quality beef has . been noticeable. As Stated in our 1 last report,'.requirements for North Taranaki are being fulfilled from southern supplies and outside the district, and the following is a range of the'prices at which, butchers are operating. Heavy prime fat bullocks £ls 10s medium weights £l3 to £l4, while lighter and unfinished sorts make from £ll 10s to £l2 ss. Cow beef is being oritnbrt ti Ite i':~: ••---» range of prices: Good quality heavy young cows, £ll to £l2; lighter sorts •up to £lO 10s, while killabl e cattle range in value from £7 10s to £B, 10s. , ;

FAT SHEEP'. The market in this section remains firm, and as with beef, there is not 'an over-supply, especially well finished sheep. Heavy prim e fat wethese "are making up to 30s while lighter sorts realise from 26s 6d to 28s and the lighter-conditioned sheep of this class make from 22s to 245.

STORE SHEEP. There is quite a good enquiry in this section for the various classes, at a price, and of the sales that are effected, in the majority of cases the figures obtained are lesser, to 6ome degree, than the quotation. Enquiries for ewes with black-faced lambs at foot are frequent, bat quotations of this class ar e as yet not plentiful, and difficulty is being experienced in finding sheep to fulfil requirements. Of the quotations to hand for 4 and 5 year old ewes,. prices vary from 25s to 275, but only the very best lines touch the latter-meritioned figure, the majority of sales ranging between 22s and 25a, according to the mouths and * condition of the sheep. Hogget s of all classes are not quoted in plentiful numbers, arid suitable lines for requirements are not readily found. Generally speaking the prices expected by vendors for ewes of this class range between 23s and 27s 6d, but few buyers seem ready to operate at the latter-mentioned figure, arid th e majority of sales range between 23s and 265, according to the quality of the sheep. The few quotations of wether hoggets that have been received have found quite » ready market, and lip to £1 bas been paid' for the very best Hues, but the majority of the sales of this class range between 15s and 18s. At the

figures at which 4 and 6-tooth wetners can be purcnased, this class seems undoubtedly the best buying in this section. There does not seem to be a g l- eat number of this class offering, and at the prices which vendors are prepared to accept for this class, no difficulty is found in finding a market for the various quo. tations. Prices range in valu e from 20s to 22s 6d, according to the condition of the sheep. STORE CATTLE. " The yardings at our various sales consist of oddments, and with tne exception of. good paddock cows, little demand is in evidence for other classes, and, generally speaking, the sales lack enthusiasm. Good, young, paddock cows are, however, subject to more spirited competition than any other clas 3 that is yarded, arid prices for these range in value from £4 to £6, according to age and condition. Hold-over cows are yarded lu fair numbers, and good sorts of , this class make from £5 to £6, while others range in value from £4 to .£_ 10s. During the week good numbers, of male cattle have been quoted, the majority beins of the grown class, but to some extent graziers

do not seem to be keen to operate, and the majority of quotations still await inspection. Quotations for 'thi s class range as follows: 4 and 5-year-old bullocks £8 to £9, according to breed and condition; 3-year-old cattle £6 15s to £7 10s, well-bred 1 2-year-old up o £5 15s, mixed coloured sorts £4 15s to £5 ss. YEARLING HEIFERS. The shortening of feed supplies has resulted in heavy yaVdings of this class being submitted at our various sales, but with the exception of top quality cattle, competition i 3 by no means animated. However, the majority of vendors have not the feed to hold their supplies, and accept *he figures at which prospective purchasers are prepared to operate. Although there is a slackness, lto , some degree, in the demand for |gts class,,there are still, good numbers of cattle required, and there is good reason to think that the market for this class will again show the buoyancy that was in evidence some few weeks back, and this ; sh"ould take effect when the feed is more plentiful. Prices at present ruling range as follows-.-Good quality fawn cattle £6 to £6 ss, we'lbred sorts in lighter condition, £5 to £5 10s, crossbred cattle of size and condition, £4 to £4 10*' the poorer conditioned cattle being dull of sale. Hold-over cattle of good quality are in quite good demand, and from £2 15s to £3 5s is paid for, this class, mixed-coloured sorts meeting with little demand.

DAIRY CATTLE. The reduction in the prico ruling at Home lor butterfat, which was enounced early in the week, has bad an adverse effect on the market in this section, and although quite good benches of buyers have been in attendance at our various sales, competition has slackened and prices have eased considerably. Best quality in-calf heifers at profit (ot which there are few offering) realise anything from £9 10s to £lO 10s, medium sorts £8 to £8 10s, but the smaller arid more backward sorts are not sought after. BULLS. During the week a further number of our calendared fairs were conducted, and quite good prices were the order throughout, this especially aplying to our Waiwakaiho Fair which was held last Tuesday, when some 177 bulls were submitted. Buyers were in attendance from all part s of the district, and competition* throughout was, if anything, above that anticipated, and a clearance of 162 of the catalogued entry changed hands at prices pleasing to vendors. Full details as to the individual prices have already been displayed in the riewspapers circulating the district. PIGS. The offering at New Plymouth Haymarket on Friday was not as large as at previous sales, and seemed insufficient to meet the enquiry that existed on the day, which resulted in prices showing a hardening tendency. A full clearance was effect. ed at figures a little in advance to those mentioned in our last report, the prices obtained being a s follows: Etxra good slips 33s to 355, good slips 29s 6d to 30s 6d, choice weariers 25s to 27s 6d, other 2.0 s to 23s 6d.