TARANAKI STOCK MARKETS

Stratford Evening Post, Volume II, Issue 242, 13 May 1933, Page 8

TARANAKI STOCK MARKETS

I AUCTIONEERS' WEEKLY REVIEW i LOAN AND MERCANTILE REPORT I The New Zealand Loan and Mercantile Agency Company, L«d., report as under: i Fat Sheep.—Prices for all classes of fat sheep are still firming. Advices received from the South Island indicate that, owing to the drought th-ve, supplies will be very limited, and it will be necessary to draw upon tin: North Island for their supplies. This fact, together with the usual winter demand, will still further harden prices. Pat Cattle. —The same remarks apply here as in the case of sheep. Prices are bound to firm, and vendors will be well advised to hold for a while if possible. Store Sheep.—A fair infltiiry exists for in-lamb ewes, but quotes are hard to obtain, and we advise vendors that wc are anxious to secure suitable lines. Store lambs and wethers are holding up well, although supplies are. not plentiful. Store Cattle.—Very large numbers of dairy farmers' cull cows are now coming forward to the yards, and meeting with fair competition. Our yarding at. Hawera on Thursday was the biggest seen in the yards for some considerable time, and everything was cleared. Prices eased a little on last week's rates. Store. 'niluxUs and steers are not so eagerly sough! after. In-cvalf Heifers. —A better demand has been evident during the week, and sales up to £G 10s have been made for truck lots to go outside the district. W,eaner Heifers. —The demand for these is still weak, and now that the feed is rapidly dwindling some hold 1 ers are becoming nervous, and are inclined to meet the market. Prices remain at last week's quotes.

Dairy Cows.—A fair inquiry has sprung up for good young cows, and although prices paid have not been high yet business has been done, and vendors are apparently meeting the position. pigs.—The demand is not keen, and prices remain at about last week's rates.

Private sales during the week have been: In-calf heifers, £5 15s to. £G 10s; m.s. lambs, a line of 350, at. 8s 6d; backward cows, to £2 10s; fat. ewes, to 9s 6d. Prices at our various sales:

Kohuratahi.—Black Poll heifers, to 19s; 2£-year steers, to £2 2s 6d; line of 260 ~d and 6-tooth wethers, to 12s. Douglas.—Fat mid forward wethers to lis; store cows, to 30s; works bulls, to £2 15s.

Stratford. —Store cows, to 30s; calved cows, £3 5s to £3 10s. Eltham.—Store cows, to 30s; forward cows, to £2; fats, to £3. Hawera. —Medium fat lambs, to 12s 6d; forward lambs, to 10s; fat ewes, to 10s Id; forward wethers, to 12s; light, porkers, to £1; stores, to 16s; weaners, to 6s 6d; calved heifers, £3 2s 6d; in-calf heifers, to £3; store cows, to 30s; forward cows, to £2; fat cows, to £3. NEWTON KING'S REPORT Newton King, Ltd.'s stock market report for the week states: Cold but seasonable weather is general in the district. Winter feeding, although not general, can be observed in many quarters, and the quitting of surplus stock is occasioning food for thought with most farmers, but the speculative instinct is weak and seldom displayed. It can be said ,however, thai a little more buoyant tone is noticeable, but realisations show little variation on last, week's figures. Inquiries for dairy stock are more frequent, but at restricted limits, while trade in other branches is practically confined to auction, oddments, constituting the bulk of the offerings. Although no improvement has been announced in the freezing schedule for beef works buyers have shown a little more keenness in this department during the week, ox beef being freely sought at the existing schedule of 15s per 100 lb. Local requirements continue to be satisfied from the good supplies of female cattle available, best young cows and heifers being worth to £4 10s, lighter prime £3 15s to £4, good young cows from dairy herds £3 10s and plain and older sorts £2 to £2 12s Gd.

Values in all branches of the fat sheep section are firm, supplies of ! ewes being just adequate tor the lo- ! cal demand, while wethers are in j fairly plentiful supply, but holders j display some degree of faith in the ! market, and are inclined to quote at ; above market rates. Present values j are: Pest wethers to 14s, lighter 12s j to Pis, prime ewes to 9s 6d; others j 7s lid to 8s lid. Fair inquiry continues in the stove j sheep section, but few good lines of i ewes are offering, and difference uf I opinion concerning the values of older I and inferior sheep occasions difficulty iin changing. Sales of full-mouth sheep : timing the week have been recorded : at from 9s (id to 10s lid, but no youn- ' goi r.,neep have changed hands. Ewe ; iambs are freely inquired for, but. j quotation;, are limited. Sales ini elude a targe line of good sheep at i 10s Od. Store lambs continue to meet | a ready sale and a slight appreciation iin values is noticeable. Good sorts ; realise up to Ss Gd, medium Gs Gd to I 7a Gd, and culls 4s Gd to 5s Gd. Busi- | ness with store wethers is very liniI ited through lack of quotations, buyI ers' ideas being in the vicinity of 10s J Gd to Us Gd, according to condition. i Tho demand for store cattle has j waned to the degree that changing !is very infrequent. Values for male cattle are much below those estab- | lished some few weeks ago and little I trade with this class is being enterI tained.

The weaner Jersey heifer market is weak, traders showing little incliuaI tion to make commitments. However, ! the supply of good cattle does not | seem over-plentiful and holders of tops should have little difficulty in ! quitting later in the winter. Auction j business accounts tor most of the changing, but only the best cattle ex- | cite competition. Good sorts sell at j from 38s (id to £2, medium 30s to I 355, crossbred and smaller cattle of j quality 25s to 80s, and inferior and hold-over 12s Cd to 22p Gd. Trade with dairy heifers has shown an increasing tendency during the ; week, but only those in search of the j best cattle are as yet in the market. Some encouragement to accelerate trade in this branch is, however, conveyed in latest cables relative to the British markets, which show a rise to 76s to 80s for butter and 46s to 17s for cheese. Sales during the week of one-truck lots of good cattle have been recorded at from £5 15s to £O, outside buyers accounting for most of the changing. Medium sorts make £5 7s Gd and small and later calvers £4 to £4 ss. The caution displayed by dairymen in this branch occasions timidity so far as traders' requirements are concerned. Outside inquiry for wholesale purchases has come to hand, but their restricted limits may occasion some difficulty in completing sales. Holders seem ready to sell at a reasonable offer, however, and quotations for wholesale purchases on a forward delivery basis now range from £3 15s to £4 10s for two-year-olds and from £4 15s to £5 for three-year-olds. .The Hawera sale on Thursday drew a good entry in all departments and a particularly keen sale resulted. All classes of fats showed an advance on late rates, while the competition for lambs (the entry of which was most attractive) resulted in realisations for these showing some appreciation. Black-faced lambs made to 8s Gd, stores 6s 3d, ewe lambs 10s, small ?s Gd, prime fat lambs 12s Gd to 13s Bd, light and plain 10s to lis 6d, fat wethers lis Gd to 12s, fat ewes t)s to 3s 4d, and fat cows from dairy herds £2 5s to £2 17s 6d. Realisations for boners and meaty cows remained unchanged. Dairy cows at profit made £3 to £5, and heifers £3 10s to £4. The Stony River sale on Tuesday drew an average yarding and a full clearanco was effected. Mixed-sex lambs made 9s Id, fat ewes 10s, heifers at profit £2 10s to £4 2s Gd, calved heifers £4 7s Gd, fat cows £3 10s, forward sorts £2, meaty works cows 30s to 325, boners 10s to 21s.