STOCK MARKET BRISK

Taranaki Daily News, 30 August 1930, Page 15

STOCK MARKET BRISK

MILD RAINS HAVE EFFECT SPLENDID SALES OF CATT7JK. SHEEP CLASSES IN DEMAND. The mild spring rains are having , a phenomenal effect on the growth of the pastures all over the country, and should no adverse climatic conditions occur in the near future, it is evident that dairymen are going to have a wonderful season for production, states Newton King, Ltd. Replacements and replenishing have been in full force with dairymen throughout the week. This has resulted in splendid sales of dairy cattle, and the state of the paddocks is causing graziers ■to look for . stock. In view of this, all classes have , been selling particularly well. , . For .beef the. firm reports a slight hardening in prices during the Tveek. Female cattle, are offering in less numbers/ and as there: ,is a consequent, increase in prices, attention , is being directed to bullocks. In the paddock top-weight cows and heifers have realised £ll 10s. to £l2 IQs., jjbod quality cows. with less finish £lO to £ll>. prime biillocks £l3 10s,. to' £1,4 1.5,3.. . In. the saleyarils although beef has pot been plentiful,, all submitted to .auction has .been keenly competed for, the ..best, cows making from ..£9 to. £ll, . Jerseys f rom £7 , -to . £9.. ~. ~; ;. •., ; A. -plight ..increase’ in ■ .yUlues' of.-fat sheep is reported, this being mainly in' connection, with ; withers.., £here are fewer ewes offering, and .those of. the best quality are making .up to 235. Pyime wethers . ..have. sold at auction lip .to 28s. '9d., (and, even , 31s. for an extra prime, lot off a/coiy .farm),;and by private treaty between 273/ and 28s. For store, sheep the demand certainly exceeds, : .the. supply, and no trouble is experienced in disposing, of all.,lines that are .offering,,,provided the quotation is reasonable, poggets are/.a ready selling, class- .Newton. King, Ltd.,, has effected. sales of..ew6s during the .week at.2ls. down to,. pther fioggefs ,.realised up. to 16s. 4d.' and. mixsd sex hoggets 17s r The,re !i( srp few .store, wethers'' offering, '.the' sales. that., have' been effected of twp-tooths .being up to 20s. At Inglewood on Wednesday a small line of aged ewes with lambs at foot made 225. 6d. ...... > .The sales <lqnng the week have attracted .very large entries of store cattle, particularly cows , and yearling heifers/ although at Inglewood and Rahotu several lines of yearling and. two-year-old steers came forward. Boner cows remain at last week’s prices, but. goodcoloured cows suitable for fattening continue to be sought. Those in the best condition realised from £5 H)s. to £6 10s., and.-others from £4 upwards. Jersey hold-over cows, have taken a sharp rise and the best of these arc making from £4 10s. to £5 ss, The two-year-old steers at Inglewood, which were mostly of the Friesian breed, sold at £5 ss. Shorthorn yearlings at Rahotu were passed in at. £3 ss. There were numbers of yearling steers offering, but the vendors mostly are in a position tohold.

The entries of yearling heifers at all sales have been very large, and almost complete clearances have been effected at prices very satisfactory to vendors. At Urenui those of the. best quality realised up to' £-5, at Stratford £5 ss. to £5 Jis., at Inglewood £6 Bs. 65. down to £5 65., at Rahotu, the best, which were only medium ,in.. siz<?, made up. to £4 16s. Oyer 200/were sold at Inglewood. :

, Good quality heifers,, medium in. size and condition,-.are making between..£4 anti £4 155., well-grown crossbred heifers from £4 to £5 ss. Small heifers suitable for holding over continue to .sell .well at up to. £3 10s. Two-year-old. empty Jersey- heifers have also shown a sharp rise compared, with last week’s quotations, sales being recorded up io £5 ss. There have been only limited numbers offering. At Urenui, Stratford, Inglewood and Rahotu, full yardings. of dairy cattle have been received, and the market, particularly for heifers, has shown an increase of approximately £2. a head over the last week’s figures. At Urenui extra good Jersey heifers made from £l2 to £l5 10s., at Stratford best heifers from £ll to £l3 10s., at Inglewood from £l2 to £l5 10s. and at Rahotu from £lO to £l3. Generally the heifers offering have been a - better quality, size and condition, than those of the previous week. Small Jersey heifers of good quality made between £8 and. £9 10s., small crossbred heifers between £6 10s. .find £8 10s., best, quality Friesian heifers between £lO and £l£. The quotations apply to cattle close to profit. The prices for best cows at Stratfordranged from £l2 to £l5 10s., competition being particularly keen. At Inglewood the dairy herd offered on behalf of Mr. .Volzki sold at from £ll to £l7 10s., the herd of 16 cows averaging £l3 10s. They were all of the Jersey strain, but low in condition. At Rahotu the herd sold on -behalf of the estate of the late H. D. Shaw was in poor condition and included many late-calvers. The cows were mixed in colour. A satisfactory clearance was made, the best prices being between £8 and £l2 10s. Horse fairs have been held at Stony River, Waiwakaiho, Inglewood and Kaponga during the week. Half-draught, horses, suitable for all farm work, have been the best selling class, and the youngest and best of these are making between £2B and £’3s. Aged and light? er sorts are worth between £l5 and £23. ...._ Full yardings of pigs continue to come forward at weekly .sales, and good prices have been Following is a summary of quotations:—Large stores,’ £2 to £2 35.;- medium stores, £1 13s. to £1 18s.; small stores, £1 ss. to £1 10s.; extra good slips, £1 ss. to £1 125.; : best weaners, £1 to £1 55.; medium weaners, 15s. to 18s.; sows in farrow, £5 to £7. AUSTRALIAN TREASURY ISSUE. By Telegraph—Press Assn. —Copyright. London, August 28. ‘ Financial circles consider the £5,000,000 Australian Treasury issue as most successful. It was tendered at £9B 9s. 7d., and 33 per cent. was.taken up. The remainder was allotted in full. The average discount rate is £3 os. 2d. PIG AND POULTRY SALES. A fair yarding at the New Plymouth haymarket gale is reported by Newton King, Ltd. A full clearance was effected at the following prices:—Pedigree Berkshire breeding sows, 4-5 months, on behalf of Mr. C. H. Weston, £5 55.; Berkshire sows (grade), £2 to £3; good store?,’ 435.; medium stores, 345. to 365.

6d.; smaller stores, 305.; good slips, 345. to 30. Gd.; medium slips, 30s.* to. 325.; extra good weaners, 265.; smaller sorts, 17s. to 18s. Egg sales held by Webster Bros, during the week brought the following rates: —Hens’, Is. to Is. mixed, Is. to Is. IJd.; ducks, Is. DAIRY PRODUCE MARKET. STEADIER TONE REPORTED. A 'steadier tone is reported in the London dairy produce market by cables received by . Taranaki merchants yesterday. ' ’ ; ! Mr. E. Griffiths* advice is:—The butter market is steadier. Quotations are': New Zealand finest, 1265.; firsts, ,1245.; Danish, 1425. to 1445.; Australian, 1245. to 1265.; finest New Zealand stored, 1245. The cheese market is steadier New Zealand white, 71s. to 735.; New Zealand coloured, 765. to 785.; Canadian cife white, 705.; Canadian cife coloured, 735. Joseph Nathan and Co. have received .the following ' advice:—Butter, 1265. (steady);, cheese, white, 725.; coloured, 78s. (firm). Turner apd Co‘. have received advice that the butter market is demoralised, but is steadier J to-day. Danish, unchanged. New Zealand and Australian is quoted at 1245. to 1265. The cheese market is steadier at 71s. to 725. for white, and 70s. to 78s. for coloured.' :