TARANAKI STOCK MARKET

Taranaki Daily News, 9 August 1930, Page 15

TARANAKI STOCK MARKET

BRIGHTER TONE IN EVIDENCE WABM RAIN HAVING EFFECT. BUYERS MORE KEEN TO OPERATE. A brighter tone has been in evidence in the Taranaki stock markets during the past fortnight, and the warm rain that was experienced during the week should have a beneficial eliect on the pastures. Newton King Limited considers this will result in prospective buyers’ showing more keenness to operate and there should be increased business. Supplies of beef, especially in North Taranaki, are by no means plentiful and in a number of cases requirements for local consumption are filled from outside sources. As yet, however, no marked increase in values has been shown and someb difference of opinion exists as to future price. With the general hardening of prices that is revealed in reports from outside centres it would seem that a firmer market will await supplies. Wheye, good quality ydung cows or wellfinished heifers come under the hammer, prices a little in advance of late rates are being obtained. Generally butchers’ requirements are being filled at the following figures: Best prime fat young cows and heifers £lO 10s to £ll 10s, lighter sorts £8 10s to £9, unfinished £f to £7 15s. Bullocks range from £l2 to £l4.

In the fat sheep market good supplies of ewe mutton are available in the southern part of the district, and with the limited supplies in North Taranaki supplies for New Plymouth consumption are being filled from the south. Prices remain unchanged. During the week the demand for in.lamb ewes has increased considerably and a larger volume of business has been recorded. At a clearing sale held on behalf of Mr. Hewlett at Uruti on Monday a good offering of sheep was submitted and the prices were a little in advance of those anticipated. Twotootli to 4-year-old ewes, in-lamb to Romney rams, realised 275, mixed sex hoggets 16s 4d and ewe hoggets 17s. . Private sales of 4-year-old ewes inlamb to Southdown rams have been recorded at up to 24s 6d, while sales of older lines have ranged from 20s to 225. Difficulty is being experienced in finding good hoggets for the inquiry. Prices are: Best mixed sex hoggets 15s to 17s, good wether hoggets up to 15s, poorer sorts 12s 6d to 13s 6d, extra good ewe hoggets up to 19s, other 14s to 17s. Store and forward wethers are in good demand for turnips, but few suitable lines are available, which is resulting in little business in this class being transacted. Suitable line& find a ready market and up to 21s 6d is being paid for for-ward-conditioned sorts while stores ramie from 18s to 19s 6d. Little change can be reported in the store cattle sectipn, except that paddock cows and sound empty cows are being more keenly competed for than they were. Paddock cows realise from £5 10s to £6 10s and sound empty cows from £4 to £5 10s. Works cows are being yarded in fair numbers but low prices are still the order of the day. The strong inquiry for yearling heifers has been sustained and a hardening of prices has been in evidence. The best cattle are realising up to £6 10s, and good sorts £5 10s to £6. Cross-bred and hold-over cattle, too, are finding a market a little more ready than it was previously. Cross-bred sorts of size and condition realise from £3 15s to £4 10s and hold-over cattle 35s to £3 ss. It seems evident that there are still many dairy cattle required. Good dairy heifers at the drop are subject to keen competition, and prices are much in advance of those earlier in the season, cross-bred cattle of size and good condition realising from £l2 to £l3 10s and smaller sorts from £8 10s to £9 10s. Few in-calf heifers of quality are available and this is resulting in the medium sorts being keenly competed for. Better prices are being recorded than pernaps was anticipated earlier in tne >ear. Good numbers of backward and small cattle are coming forward but are more or less dull of saie and change hands at from £ii 10s to £b. Genuine dairy cows are in keen demand and good pieces are still being obtained. At Mr. Hewlett’s sale at Uruti on Monday 20 cows were submitted, the best realising from £l5 to £l7 5s and others from £lO to £l4. : Good numocis of cows are being yarded, and where cattle close to profit showing quality are submitted keen interest is “displayed. Up to £l6 has been recorded for goon 'young cattle and £±l to £l3 for cross-bred cows in good condition. The lighter conditioned and more backward sorts are dull of sale and change hands at from £7 to £8 10s. A strong demand is still in evidence for pigs. The yardings seem insufficient and tnis is resulting in a hardening of prices, especially for good quality weaners, up to 25s being paid for well-bred sorts in good condition, while others find a market at from 18s to 22s 6d. Large stores are being keenly competed for and up to 38s is being paid for good conditioned sorts, while the smaller classes find a market at from 33s to 355. Slips change hands at from 28s to 31s.

DAIRY PRODUCE MARKET QUIET.

Quieter conditions on the London dairy produce market are reported in cables received from their principle by various Taranaki agents. The New Zealand Loan and. Mercantile Agency’s advice is that the butter market is quiet. New Zealand choicest is quoted at 136 s to 1375. White cheese is quoted at 78s and coloured at 83s In a cable received by Mr. E. Griffiths the quotations are: New Zealand finest butter, 136 s to 138 s; first, 134 s to 13os; Danish, 148 s to. 150 s; Australian, 132 s to 1365; New Zealand white cheese, 70s to 78scoloured, 82s to 83s. _ Butter is described as easier at 136 s and cheese quiet at 775. for white and 82s for coloured in advice received y Joseph Nathan and Co. . ’ The market is slow and prices favoui the buyers, States a cable received by Turner and Co. Danish is quoted at 15°s to 1545, New Zealand, 13as to 13;s, Australian, 133 s to 1355. Cheese is slow and easier, white being worth 77s to 78s and. coloured 81s. to 82s.