TARANAKI STOCK MARKET

Taranaki Daily News, 21 December 1929, Page 15

TARANAKI STOCK MARKET

PRICES GENERALLY FIRM 4 BREEDING EWES IN LESS DEMAND CONDITIONS DURING THE WEEK. Prices for most classes of cattle and sheep have remained firm during the past week, according to the report of Newton King, Ltd., which states: — Beef. —Prices throughout remain firm and keen competition is still in evidence for any lightweight cattle submitted to the hammer. Of course, the majority of requirements are being fulfilled through the medium of private treaty, this being due to the fact that fatteners prefer to dispose of their supplies through this medium. Butchers’ requirements are being fulfilled at figures equal to those mentioned in our last report. Fat Sheep. —Supplies are still plentiful, and the market remains firm. As with beef, fatteners prefer to sell in the paddock, and butchers’ requirements arc being fulfilled at the following figures:—Best quality fat wethers, 275. to 285.; lighter sorts, -255. to 265. Gd.; extra heavy prime fat ewes, up to 225.; lighter sorts, 19s. to 20s. Fat Lambs. —No alteration in the prices offering by the works for this class has taken place, and buyers are operating freely at the opening figures, the majority of the lines being purchased at between 225. 6d. to 245. Store Sheep.—The market for breeding ewes is much quieter than it was at this period last year, which is undoubtedly due to the uncertainty of the wool market. This fact applies largely in connection with 4 and 5-year-old sheep, as there is a good demand for twotooths, and with insufficient numbers offering, difficulty is being .experienced in fulfilling requirements. Where any suitable lines of younger sheep are offering they are readily absorbed. There also Exists a strong demand for two and four-tooth wethers, and as the supplies of this class are of a more or less limited nature, prices for good : sheep have a tendency to harden, as was exemplified at our Whangamomona sale on Monday, when good two-tooths realised from 245. to 245. sd„ while the smaller sorts made up to 235. Id. At our Inglewood centre on Wednesday a good entry of two-tooth ewes and wethers from the Hawke’s Bay district were yarded, and although there was not a large attendance of buyers the whole entry changed hands at prices pleasing to vendors, small two-tooth ewei realising 255. 7d., while medium sorts made up to 28s. 6d., and a line of 200 odd twotooth, wethers changed hands at 235. As stated in our last report, business with store lambs is still quiet, aud few sales .have been effected. It is anticipated that good entries of this class will be yarded at our various fairs to be held early in the New Year, and no doubt prospective purchasers are anticipating filling their requirements at these fixtures. Store Cattle. —The yardings of this class at the various centres have fallen off considerably during the week, undoubtedly due to the Christmas season being near at hand. However, all classes are still in keen demand, and good prices remain. The. is a good inquiry for grown bullocks, and as there are few lines of this class offering prospective buyers are finding it difficult to fulfil their requirements, and where suitable . quotations come to hand ready les are effected. Jersey Heifers. —A strong inquiry still exists for this class, and prices for good cattle during the last fortnight have had a tendency to harden. Outside buyers have been operating fu/y on top quality cattle, and a number of lines have changed hands at up to £lO 10s. Fair entries have been coming forward to our fortnightly sales, and practically without exception keen competition has been in evidence and fv.il clearances have been the order of the d.'.y at prices pleasing to vendors. Dairy Cattle. —The yardings of this class have been very small during the week, and for the most part have consisted of backward calvers, which have been dull of sale. There have been a few good cattle included in the offerings, and these have changed hands at prices which must be considered good for this period of the year. Pigs.—Stores and weaners are still being yarded in fair numbers, but the market for the smaller class of pig has had an easing tendency. The market for good store pigs remains firm, and prices arc practically unchanged. Prices obtained during, the week have ranged as follows:—Large -tores in fair condition, up to 385.; others, 335. to 355.; best slips, 28s. to 315.; choice weaners, 20s. to 235.; others, 15s. to 17s. DAIRY PRODUCE MARKET STEADY The butter market is quiet but steady, Mr. E. Griffiths has been advised from London. New Zealand finest is 158 s. to 1625. a cwt.; first, 1565. to 1585.; Danish, 1725. to 1745., and Australian 1545. to 1565. Cheese is steady, with New Zealand white quoted at 89s. to 905., New Zealand coloured, STs. to 88s., Canadian white, 955. to 965., and Canadian coloured 955. to 965. SHAREMARKET TRANSACTIONS. Christchurch, Dec. 20.—Sales on Exchange: New Zealand Breweries (bonds), 28s. 3d.; Union Bank of Australia, £l3; New Zealand Breweries, 87s. 7d. (two lots), 87s, 6d. (two lots); British Tobacco (cum. div.), 455. (two lots); Mt. Lyell (38s. 3d. Reported sale: Commercial Bank of Australia, 255. lOd. THE STOCK MARKETS. ADDINGTON’S BIG SALE. SHEEP AND LAMBS FIRM. Christchurch, Dec. 18. There were exceptionally heavy entries of fat cattle and fat lambs at the “double” market at Addington to-day. There were 4200 fat lambs entered, and 784 head of fat cattle. These are the largest tallies known at Addington for many years for the corresponding sale. Store Sheep. —A large entry, the bulk of which were wethers. Values for good forward wethers were a little firmer, with other classes at prices similar to those ruling last week. Values were: Medium four and six-tooth Romney wethers, 23s 9d to 25s 9d; ordinary twotoothed halfbred wethers, 16s to 18s; ordinary four, six and eight-toothed halfbre.d wethers, 17s. Gd .tp ,21a 6d; ordinary four, six and ciglW-to’othed tJiree-

’ quarterbred wethers to 19s Gd; ordinary four-tooth halfbred ewes to 275; ordinary sound-mouthed halfbred ewes, to 19s 3d; aged and backward half bred ewes, 6s to 8s; ordinary two-toothed crossbred ewes, to 24s 8d; half bred ewes and lambs (woolly) to 14s Cd; Romney ewes and lambs (woolly), to 15s lOd; shorn ewes and lambs to 9s; ordinary halfbred ewe hoggets to 245. Fat Lambs. —An entry of 4200 head compared with 1460 last week, and 3330 at the corresponding sale last year. The quality was very good. Prices firmed to an average of 81d to 9d per lb. Export buyers operated freely. Values were: Extra prime lambs, to 31s 7d; ■ prime lambs, 27s 6d to 30s; medium lambs, 25s to 275; light, 22s to 24s Gd. Fat Sheep—An entry of 16 races in a big yarding. In the early portion of the sale prices were considerably easier, but over the last six races there was a much firmer tone. Values on an average were down Is to Is 6d a head for all classes. One export company operated over the early portion of the sale. Values were: Extra prime wethers, to 36s Id; prime wethers, 31s Gd to 34s Cd; medium wethers. 27s to 31s; light wethers.. 21s to 265; extra prime ewes, to 34s 7d; prime ewes, 24s to 28& 6d; ordinary ewes, 21s to 23c; light ewes, 18s to 20s Cd; extra prime hoggets, to 32s 7d; medium hoggets, 23s Gd to 26s Cd; light hoggets, 20s to 235. FAT CATTLE EASIER. Fat Cattle—An entry of 784 head, compared with 595 head at the corresponding sale last year. Prices showed an average drop of Iss to £1 on those of last week. ‘ The sale opened easier than that, but firmed considerably after the opening stages. Best medium-weight prime beef made, from 45s to 47s Cd per 1001 b.. and in the ease of a few odd pens of heifer beef a little more. Good medium weight prime beef made from. 42s to 44s Cd per 1001 b.; heavy steer beef, 41s to 445; good cow beef, to 425; secondary, 34s to 375; light and rough, to 31s. Extra heavy prime steers sold to £22 2s Gd; heavy prime steers, £l9 to £2l 15s; medium weight prime steers, £lB to £l9 10s; ordinary steers, £l4 to £l7; light steers, £ll to £l3 10s; extra prime heifers, to £l7 2s Cd; prime heifers, £l4 10s to £l6; ordinary heifers, £l2 to £l4; light heifers, £8 to £ll ss; extra prime cows, to £l7 2s Cd; prime cows, £l4 to £l6; medium cows, £l2 to £l3 10s; light and aged, £7 to £ll 10s; Vcalers. —There was only a fair entry. The top price was £9 16s. Good vealcrs sold from £4 to £5, and up to £7, best calves from 48s to 635, other 12s to 335. Dairy Cattle. —The entry, showed a big increase, 98 head being entered, compared with 25 last week. The top price was £l6 10s. Values showed a decline of up to 30s a head. Values were: Good second and third calvers, £l2 to £l3 10s; other sorts, £5 to £ll 10s; best heifers, to £l3 10s; good, £ll to £l2 10s. Store Cattle. —A small entry of medium quality. Yearling steers made up to £4 13s Cd; good fresh cows to £8 6s; and empty heifers to £6 13s Cd. Fat Pigs.—A big entry of porkers and all sorts met with an improved demand. Bacon was in smaller supply. Values were: Choppers, to £7 18s Gd; baconers, £3 12s to £5 9s Cd (average price per lb., 7d to 8<1); porkers, 43s to 60s Cd (average price per lb., 7Jd to BAd). Store Pigs.—A medium supply and prices eased on those of last week over a dragging sale. Values were: Stores, 21s to 335; slips, 18s to 20s; weaners, 12s Gd to 18s Cd. WANGANUI PRICES. Wanganui. Dec. 19. At the Wanganui sale, Freeman R. Jackson and Co., Wanganui, had a .better yarding of cattle than of late, with a good sale under strong competition. The sheep and pig section were of light proportions, and sold well at late rates. Practically a total clearance was effected at prices quite satisfactory to vendors. Sheep. —Prime b-f. hoggets. 255; fat lambs, 22s to 22s 6d; light fat wethers, 245; heavy ewes, 20s; fat ewes, 17s; two-tooth wethers, 23s 7d. Cattle. —Prime cows, £9 to £lO 12s Cd; fat cows, £8 to £9 ss; forward cows, ex dairy, £5 15s to £7; paddock SJI. heifers, £6 4s; yearling P.A, heifers, £6 ss; yearling S.H. heifers, £5; S.H. cows, 100 per cent, calves at- foot, £9 14s; three-year P.A. and Hereford steers. £8 13s to £9; two-year steers, £6 16s to £7 ss; 15-raonth Jersey cross heifers, £3 3s to £5; springing dairy heifers, £7 15s. Pigs.—Porkers. 365, 37s to 455; light porkers, 31s to 355; stores, 20s Gd to 28s; good weaners, 21s to 22s 6d; weaners.. 12s to 15s.' Calves. —Light vcalers, 20s to 365. AUSTRALIAN GRAIN MARKET. (Sydney, December 19. Wheat at country stations in New South Wales is 4s. 7d. a, bushel, and ex. truck at Sydney ss. 2d. a bushel. Flour is £l3 a ton, pollard £9 a ton, and bran £7 10s. a ton. Tasmanian potatoes are £l6 a ton, and locals £l2. Globe onions are quoted at £8 10s. a ton. White oats are ss. a bushel, and Algerian 4s. 3d. Maize is 6s. 9d. a bushel. At Adelaids wheat is up to ss. Id. a bushel, flour £l2 2s. 6d. a ton, pollard £8 ss. a ton, bran £6 10s. a ton, and oats 3s. 3d. a bushel. Melbourne quotes wheat at ss. 2Jd. a bushel, flour at £l2 15s. and £l2 a ton, bran at £7 15s. a ton, pollard at £8 15s. a ton, oats at 3s. 6d. a bushel, Eng-: lish barley at 4s. a bushel, and maize at 6s. Id. to 6s. 2d. a bushel.