TARANAKI STOCK MARKET

Taranaki Daily News, 25 January 1930, Page 15

TARANAKI STOCK MARKET

CONDITIONS IN PAST WEEK BEEF PRICES REMAIN FIRM. DEMAND FOR MOST LINES GOOD. Newton King, Ltd., report:— Beef. —In reviewing the market in this section since our last report we find that prices throughout .remain firm, with insufficient supplies of ox beef offering to meet the demand, resulting in the majority of butchers’ requirements being fulfilled from the supplies of cow and heifer beef that are being quoted, the greater proportion of the sales being effected through the medium of private ■treaty, at the .following range of prices: —Heavy prime fat sows £l2 to £l3, lighter. sorts £lO to £ll, while limited supplies 'of ox beef are being purchased at up to £l5 for prime heavy sorts and from £l2 10s. to ’ £l3 10s., for lighter weights. With the good prices that are being maintained throughout this section farmers with odd fat cows for dis-' posal are strongly recommended to put them under the hammer, as good'prices' for good quality cattle are assured. Fat Sheep.—The prices in this section remain on a.par with those mentioned in our last report. Very little .is as yet doing with ewe and wether mutton .by works buyers, being due, no doubt, to the fact that the prices at present offering by freezing companies are not very encouraging; however, butche i are operating at figures slightly in advance of works 'prices, and 'their requirements are being fulfilled as follows: —Prime heavy fat wethers up to "285., lighter sorts 255.. : t0 265. 6d., best fat ewes'l9s. 6d., others 18s. Freezing -prices for. lamb remain unaltered, and further drafts, at the opening figures, have ;been got away during the week. . Store Sheep.—Good yardings of store lambs and'the breeding ewes are now coming forward, but for the most part the sales lack the briskness, that was in evidence at this period last year; however, vendors are more or less reconciled to the fact, that low prices are to be the order of the day, and for the most part full clearances are being effected at reduced rates. At Hawera on Thursday we submitted quite a good, yarding of .mixed sheep, but competition was not .brisk; however, quite a good clearance was effected at the fol-, lowing range of prices:—Full mouth ewes 19s. to 205,, woolly ewe lambs up; to 19s. 6d., shorn ewe lambs up to 175., shorn wether lambs up to 14s. 7d., mixed sex woolly lambs 14s. to 155., cull lambs up to 10s, 6d. Store Gattie. —■’With the feed that is prevalent for this period of the year,'the demand for’ practically every class in this section is good, find insufficient of a number of the classes are offering to meet the strong demand, /resulting in prices remaining firm throughout. The classes most keenly sought after are good young store cows and grown bullocks, while a fair inquiry also exists, for the younger male cattle. The firstmentioned class when put under the: hammer are subject to spirited competition and are quitted at prices pleasing to vendors, while very few of the latter, class are being yarded, and only limited numbers of well-bred cattle are being quoted for sale through the medium of private. treaty, resulting in ready sales being effected of any suitable lines that are offering. Prices for good coloured cattle range -from £lO 'to £ll, according to the condition, while mixed coloured sorts are changing hands at from £9 to £9 15s. During the week quite a number of small Tots of weaner steers have changed hands, the majority of the lines being Holstein and Holstein-Short-horn cross cattle, and the prices for well done sorts have ranged from £3 15s. to £4 55., while others have, realised from £3 to £3 10s. . Bulls. —Works, -buyers are operating very freely on this class, and where farmers chose to sell under the hammer much more pleasing results are .shown than anticipated, and with this fact in. evidence farmers are strongly recoin-: mended to yard their bulls -in preference', to selling privately. This is exemplified by the following range of prices that have been obtained in our open markets: —Extra heavy bulls £ll 10s. io £l2 10s., medium weights £8 to £9, others £5 to £6. Dairy Cattle. —A fair number of outside inquiries have already been received for in calf heifers, for purchase on a forward delivery basis, and in. the earlier part of this month a few sales were effected for delivery in March and April,, prices for which ranged from £lO to £ll 10s.; however, there has been little, if anything, doing -on this basis, -sinceour last report. Of course it is as yet early in the season for many sales of this class to be -expected, ibut it is anticipated that the demand' will be equally as strong as it was .last year, and farmers holding lines for disposal are almost assured of a firm market, especially for good quality cattle, .Weaner Heifers.—Good numbers of this class are being yarded at our various* fortnightly fixtures, but few top quality cattle are being included-in the .offerings, the yardings consisting to a great extent of mixed sorts, and these are changing hands at anything from £3 to £4 55., according .to the quality of the cattle. Fair numbers of sales of good cattle have been effected in the paddock, and prices for these have ranged from £4 10s. for good cattle and up to £5 ss. for extra choice sorts. Pigs.—Only fair numbers of this class are coming forward to our various centres, and with the strong demand that is in evidence, together with the fact that an advance of Id. per lb. for fats was announced during the week, prices for all classes remain very firm, and full clearances are being effected under spirited competition, at prices pleasing to. vendors and much in advance of those that were /ruling for this period last year.

WOOL SALES AT LONDON. . WITHDRAWALS LESS FREQUENT. By Telegraph—Press Assn.—Copyright London, January 23. At the wool sales 10,108 bales were offered, of which 1325 were from New Zealand. There was a large offering of greasy Merinos, principally Continental spinners’ sorts. There was a small offering of crossbreds. Prices were unchang-: ed and withdrawals were less frequent. Greasy crossbreds, New Zealand, Ngatapa clip, average IOJd., top price 12d.; The Bradford tops market is weak, a small amount covering the proceedings. Quotations' 64’s, 27£d.; 60’s, 26d.j 56’s, 22d;i l?d.i IM.J, 40’s, i

DAIRY PRODUCE MARKET. BETTER TONE EVIDENT. The butter market is steadier, states cabled advice received by Mr. E. Griffiths. New. Zealand finest butter is quoted at 1555. to 1575., first at 1535. to 1545., Danish at 1665. to 1685., and Australian at 1525. to 1545. The cheese market is firm. Arrivals this week have been well cleared at 84s. to 88s. New Zealand white is quoted at 90s. to 915., and coloured at, 88s. to S9s. SHAREMARKET TRANSACTIONS. Wellington, Jan. 24.—Sale on Exchange: Wellington Meat Export Co. (ordinary), 4s. Christchurch, Jan. 24.—-Sales on exchange: E. S. and A. Bank, £6 175.; GoldsbrOugh Mort, 30s. (five lots); New Zealand Refrigerating ■( £1 paid), 10s. 9d.; Staples’ Brewery, 555. 3d. (four lots) and 555. 4d.; Tooth’s Brewery, 40s. od., 405.; Mt, Lyell, 355. (two lots). Reported sales: Goldsbrough Mort 30s. (two lots); Australian Bank of Commerce, 265. 9d.; Staples’ Brewery, 555. 4d. and 555. 3d. Auckland, Last Night. Commercial Bank of Australia, 235. 3d.. 235. (2 parcels); ditto, rights, 2s. (2 parcels) ; Bank of New South Wales, £4O 12s. 6d.: South British Insurance, 605.; Newton King, pref., Ils. 6d_; Auckland Gas, 245. 10d.; ditto, contributing, 18s. 5d.; Moanataiari, fully paid, Is. 9d., 25., 2s, 3d., 2s. 4d., 2s. 6d.; ditto, 2s. 4d.: paid, Is. 9d.;-ditto, Is. 6d.; paid, Is. 6d. PIG AND POULTRY SALES. REPORTS FROM AUCTIONEERS. Newton King, Ltd., report thatat their Haymarket sale yesterday there was a good yarding and prices were ahead of those rulnig last week. Slips realised from 18s to 265, small stores from 27s to 32s 6d, ’and sows in farrow from P2 15s .to £3-4s. Webster Bros report that egg prices for the week were as follow: Ducks Is Sid-to Is fid, mixed Is 4d to Is hens’ Is 4id to Is 7d. Messrs. Nolan and Co. report .the following prices; Hens 2s 4d” to 3s Id, pullets 4s cockerels 2s 6d to 3s, small cockerels 6d to 2s Id, ducks 2s to 2s 10d, ducklings Is 2d to Is Ifid, bantams 6d to Bd, turkey and chicks Bs. WORK ON BLENHEIM OIL BORE. WEEK ENDING JANUARY 18. •No reaming has been done at the Blenheim oil well reclamation during the week ending January 18.. Time has been occupied in fishing out the broken drill-stem. This operation was accomplished last Saturday.