BOOM PRICES RULE

Te Awamutu Courier, Volume 55, Issue 3941, 18 August 1937, Page 2

BOOM PRICES RULE

STOCK SALE AT FRANKTON. BIG VALUES REALISED. The best ox beef sale for eight years was experienced at the Frankton stock sale yesterday, when best bullocks sold at from £l4 to £l6 17s 6d, snd up to 40s per 100 lbs. Fat cows and heifers sold up to £l5 5s per head, this figure also being the best obtained at the yards for a very long period. In the sheep section choice wethers sold at prices up to 50s, the highets level for a considerable number of years. Higher prices were also realised for fat pigs. Although the average entry of bullocks on offer was not of exceptional quality, the bidding was animated from the outset, butchers being particularly active. The bulk of the entries sold above £l5 10s. The sale was reminiscent of boom periods. The top price of 40s per 100 lbs for ox beef represented an increase of 5s on last week’s quotations. SHEEP IN KEEN REQUEST. Cows and heifers were likewise in eager request, best sorts selling to £l3 to £l5 ss, the top price last week being £l4 ss. Yesterday's prices ranged up to 38s per 100 lbs. Plainer descriptions and boner cattle generally made advanced rates. All fat sheep were auctioned under brisk competition, choicest wethers changing hands at from 44s to 50s and fat sorts from 40s to 42s Gd. Prime ewes were readily quoted and were knocked down at from 34s 6d to 41s against the top price of 30s to 34s 6d last week. Fat and unfinished sorts also made advanced money. Hoggets sold at practically the same rates as last week. Generally speaking, fat sheep showed an increase of from 5s a head over last week’s figures. A medium entry of fat pigs, which included a larger proportion of baconers selling up to 925, and medium porkers to 60s. One line of 53 baconers averaged 80s.