FINANCE AND COMMERCE

Taranaki Daily News, 14 April 1932, Page 16

FINANCE AND COMMERCE

WAIKATO LIVE STOCK VALUES. FURTHER DECLINE FOR BEET. Hamilton, April 12. A heavier yarding of ox beef than last week was offered at the Frankton stock sale to-day. There was a slackening in demand and value® showed a further decline on late rates. Quotations for cow beef, for which competition was only fair, also showed a decline. Fat ewes and wethers came forward in average numbers and sold at slightly advanced rates, while fat lambs realised prices fully on a par with late quotations. There was a large yarding of fat and store pigs. Competition for good baeoners was keen, but the prices realised for porkers showed no variation. Cattle: Average quality fat bullocks sold at £5 4s to £6; lighter, £3 15s to £4 l'ss; light, £3 4s to £3 12s 6d; prime vealers, £2 10s to £3 2S; average, £1 10s to £2 os; lighter, 16s to 28s; average quality fat cows, £3 to £3 14s; lighter, £2 5s to £3; light, £2 to £2 ss; killable, £1 12s to £2 6s; stores, £1 2s to £1 7s; boners, 14s to £l. Sheep: Prime fat wethers, 14s to Ids 6d; average, lbs 6d to 13s lOd; light, 10s 6d to I'ls 6d; prime two-tooth ewes, Ils 8d; others, 10s 6d to Ils; fat ewes, 7s to 8s; lighter, 5s 6d to 6s 9d; prime lambs, 11s 9d to 13s. Pigs: Heavy baeoners, 38s to £2 3s; medium, 32s to 375; light, 29s to 31s; heavy porkers, 23s to 265; medium, 19s to 225; light, 14s to 18s; large stores, 10s to 12s; slips, 6s to 8s; weaners, 2s 6d to ss; purebred maiden Tam worth sows, 2| guineas. HIDE, SHEEPSKINS AND TALLOW. PRICES AT NEW PLYMOUTH. L. A. Nolan report that they held their four-weekly sale of hides, sheepskins and tallow on Tuesday and submitted an average catalogue to a representative bench of buyers. Competition was well sustained but might be said to have lacked the life usually evident. Hides sold at lower prices in sympathy with outside markets; heavy and mediujn were lower by a halfpenny. All other sorts sold at from par to |d down, generally a drop of one-eighth. Sheepskins sold at about last month’s rates. A fair amount of seed was in evidence and affected prices in some cases. Tallow and sundries sold at about late rates.

Hides; Ox, extra heavy 4d. heavy to sd, medium 4jd to light 3d to 3 7 J Sd, extra light 2 7-Sd to 3 3-Bd, cut 2Jd; cow, extra heavy sd, heavy 3 1-Sd, 3 5-8 d to 3sd, medium 3Jd to 4 1-Sd, lighted. 3 7-8 d to 4 I-Bd,. extra light 3 5-8 d to 4d, damaged 2 3-B<l, 3d to 34d, cut 2Jd to 3d, cut and slippy l|d; yearling, heavy 4 5-Sd, medium 3d, light 3d, cut 2Jd; calf, heavy 4Jd, medium 4d, light cut 2Jd, cut and slippy Id, slippy l-}d; horse hides, 2s each.

Sheepskins: Salted at per each, half wools Is, Is 4d, Is 6d, seedy Is, Is 2d; quarter wools lid, Is, Is 2d, Is 4d, Is sd; seedy, 6d, Is, Is 2d, Is 3d; seedy and damaged, 4d, Bd, lOd; pelts, damaged 6d to 7d, lambs’ 10d to Is and Is 2d, seedy 4d, damaged 6<l, lambs’ 4d to 6d, damaged Id, hoggets Is 3d to Is 4d, seedy 6d, black 6d. Dry, at per lb, woolly lfd to 2£d, damaged 4d, Idj ljd to 2d, seedy ijd, seedy and damaged 2d, lambs’ 2|d, 3d to 3|d, seedy damaged l|d, pelts Ifd and l:Jd, damaged id, hoggets’ 2d, damaged id, lid to l|d, dead IJd, damaged Jd to fd, black Id.

Tallow: Tins, 8s to 10s 9d per cwt; cow tails, 6d dozen.

PRICES AT STRATFORD.

The New Zealand Loan and Mercantile Agency Co., Ltd., Stratford, reports having held its monthly sale on Tuesday. A catalogue comprising wool oddments, 1347 sheepskins, 234 hides and calfskins, and 18 tins of tallow was offered to buyers from Auckland, Wellington, Christchurch, Dunedin and Taranaki. There was keen demand for hides and sheepskins at ruling rates, the following being the range of prices: — 'Wool: Crossbred fleece, clean, IJd to 2-ld per lb; heavy in biddi, id to Id per lb; lambs, clean, 2Jd per lb; heavy biddi, no offer; dead mixed, Id lb; crutchings, no offer; locks and pieces, 4d lb.

Sheepskins, dry (at per lb): Crossbred pelts, £d, Id to quarter-wool-led, Id, lid, 2d, 2id; three-quarter woolled, IJd, 2d; full-woolled, lid, lid to 2id; hoggets, lid to 3d; lambs’, lid, 2d to 2Jd. Sheepskins, salted (at each'); Crossbred pelts, no offer to Id to 2d; woolly pelts, 10d; quarter-woolled, 4d, 9d, lOd, Is to Is 3d; half-woolled, Is 3d; fullwoolled, Is 6d; hoggets, 2d, 7d; lambs’, Id, 2d, 3d to 6d.

Hides (at per lb): Calfskins, slipy, lid; cut, 2-Jd; .sound, 34d to 4d; yearlings, 4d; cowhides, light, 27-8 d to 4d; medium, 3 3-Bd, 3 5-Sd to 4d; heavy, 3 l-Bd, 3Jd to 34d; oxhides, light, 3d; medium, 3d to 3- 5-Sd; heavy, 3|d, 3 7-8 d to 4 1-Sd; cowhides, cut, 2Jd to 2|d; bullhides, 2d; horsehides, Is 6d each.

Tallow (in tins): 9s per cwt for- good quality.

CROSSBRED WOOL LOWER, LONDON SALES REOPENED. By Telegraph—Press Assn. —Copyright. London, April 12. The wool sales have reopened. Merinos were unchanged and crossbreds 5 to 10 per cent, lower. At the sales 9717 bales were offered, including 3195 from New Zealand. Approximately 3600 were sold. There was a poor selection of Merinos and a moderate Jot of crossbreds. There was a good attendance and fair competition. Compared with the March closing rates Merinos were unchanged. Continental sorts were 5 per cent. lower. Crossbreds were 5 to 10 per cent., and halfbreds and slipes 15 per cent, lower. New Zealand scoured and combings, Walter Park, top 17d, average l's|d; greasy crossbreds, Akitio 9d and 6Jd.

SHAREMARKET TRANSACTIONS. Christchurch, April 13:—Sales on Exchange: New Zealand Government 44 per cent. Inscribed, 1'938, £94 7s 6d (2 parcels); Commercial Bank of Australia (pref.), £6 3s 6d; Goldsbrough Mort, 21s sd, 21s 6d; New Zealand Refrigerating (10s paid), 4s Id (4 parcels); Westport Stockton Coal (pref.), 6d (2 parcels); Golden Dawn, 6s 3d; Golden Point, 4Jd (4 parcels); Alahakipawa, 24d; King Solomon, Is; Okarito, 9s 4d. Sales reported: New Zealand Government 44 per cent. Inscribed, 1938, £94 10s; New Zealand Insurance (late sale April 12), 365; South British Insurance, 48s 6d; United Building Society, 14s; New Zealand Refrigerating (£1 paid), Ils 3d, Ils 4d; New Zealand Refrigerating (10s paid), 4s sd; New Zealand Breweries, 23s Id, 23s (2 parcels). Auckland, April 13: Sharemarket sales: Commercial Bank of Australia, ,13s. 9d. (two parcels); Bank of New Zealand, 435. (two parcels); Blackwater, 6ts. 6d.; Slock, .192"-41, 54 ccn t-.- .£92 10s.