FINANCE AND COMMERCE

Taranaki Daily News, 30 March 1933, Page 16

FINANCE AND COMMERCE

LIVE STOCK MARKET GOOD PRICES FOR YOUNG STEERS. PAHIATUA CATTLE FAIR. Pahiatua, March 28. A yarding of cattle, mostly cows and bullocks, was offered by Dalgety and Co., Ltd., at the Pahiatua cattle fair yesterday. The stock were in good condition, and competition for all lines was keen. Buyers were present from Rangitikei, Manawatu, Hawke’s Bay and Taranaki, and all secured good consignments. A total clearance of station-bred cattle was made. On account E. Whitcombe:. Bullocks, £4; fat, £6; store, £2 15s; fat cows, £3 to £3 Is; fat heifers, £3 ss. Account P. Dransfield: Bullocks. £3 12s. Account A. Knox: Steers, £2 16s. Account J. D. Piper: 14-year P.A. steers, £2 6s; 2J-year P.A. steers, £3 9s. Account Hillas Estate: 3J and 4J-year P.A. heifers, £2 Ils; fat bullocks. £5. Ils to £3 12s. Account A. D. Eglinton: Fat bullocks, £6 2s; fat cows. £3 6s. Account J. J. Sorensen: 2J-year Hereford steers, £2 6s; 2Jyear Hereford heifers, £2 8s; P.A. heifers, £1 17s. Account W. Mitchell: Fat heifers and cows, £3 ss; P.A. heifers, £2 18s; 2j-year empty heifers, £2 16s; 13year empty heifers, £1 9s; fat cows, £2 15s. Account Jas. Breeds: Three-year empty heiefrs, £2 Ils. Account F. G. Lewis: H-year heifers, £1 17s; IJ-year P.A. steers, £2 11s. Account C. Lassen: P.A. steers, £1 19s; cows, £2 12s. Account A. H. Eglinton: P.A. bullocks, £3 10s. Account Saunders Estate: Hereford bullocks, £3 16s; empty Hereford cows, £2 6s.

WAIPUKURAU SALE. FAT EWES FIRMER. Waipukurau, March 28. There was a large yarding of cattie and a small entry of sheep at Waipukurau to-dav. Values of cattle showed no appreciable change, but passings were frequent. Fat ewes were worth about Is more than last week, but the two best pens were bought for breeding purposes. There was little change in store sheep prices, several lines being passed.

Fat cattle: Two unfinished P.A. cross steers. £3 10s; two forward Jersey steers, £4. 2s; two light Jersey steers, £2 15s; two forward Shorthorn steers, £3 16s; well-finished P.A. steer, £4 17s 6d; light Jersey cow, £2 ss; prime Shorthorn bullock. £6 ss; well-finished Hereford cross steers. £4 17s 6d; small well-finished Hereford cross steers. £3; two unfinished Jersey cross steers, £3 17s; one wellfinished P.A. cross steer, £4 2s. Store cattle: Thirty well-bred P.A. cows with calves and in-calf, £4 Is; “34 two-year P.A. steers, £2 13s; nice draft 46 well-bred two and three-year Hereford steers, £2 12s; five big P.A.-Hereford cross bullocks, £3 17s 6d; nine P.A. steers, forward condition, £3 15s; four big Hereford bullocks, £4 4s; six two-year P.A. steers, £2 10s; four two-year Hereford steers. £2 8s; seven 18 months to twoyear P.A. steers, £2 7s; eight young P.A. cross steers, mixed, £2 12s; seven P.A.Hereford cross cows, forward condition, account Noble, Porangahau, £2 3s; two good P.A. steers,. £3 14s; two Shorthorn steers, pobr, £2 13s; two two-year good P.A. steers, £3 6s 6d; one Shorthorn cow with calf, £2 ss; four yearling P.A. steers, 28s; one Jersey bull calf, 14s; one good four-year P.A. bull, £4 4s.

Fat sheep: Thirty-five prime ewes, account J. W. Harding, 7s 6d; nine prime ,S.D. ewes, 7s 3d; 46 medium ewes, 5s sd; 40 medium ewes, 6s; three medium wethers, 10s lOd; nine prime ewes, 7s; two prime wethers, 12s 6d; three prime maiden ewes, 9s; five prime ewes, 6s lOd; three prime lambs, Ils Id. Store sheep: 256 good six-tooth ewes, r.w. Southdown rams, account W. J. Edgecombe, 13s; 247 four-year ewes, r.w. Southdowns, account same vendor, sold in two lots, 100 at 10s 4d and the balance at 10s Id; 356 guaranteed five-year ewes, r.w. Southdowns, same vendor, 8s 3d; 149 six-tooth to five-year ewes, r.w. Southdowns, 6s 8d; 160 five-year ewes, r.w. Southdowns, 7s; 120 good ewe lambs, 8s sd; 97 good sound five-year ewes, 8s; 77 wether lambs, 7s 2d; 32 five-year ewes, r.w. Southdowns, 6s 3d; 55 two-tooth ewes, 8s 9d; 42 Southdown lambs, 8s lOd; 42 aged ewes, 4s sd; 59 ewe lambs, 7s 4d.

FRANKTON QUOTATIONS. GOOD BIDDING FOR .LAMBS. Hamilton, March 28. There was a heavy yarding of all classes of sheep at the Frankton saleyards to-day. Values for wethers declined compared with last week’s quotations, but ewes increased in price. Lambs were . again penned in large numbers and met with good competition among export buyers, who offered the schedule rates. Fat cattle, which were penned in average numbers, showed little change in values. A good yarding of store cattle, comprising mostly steers, did not attract very keen competition and prices declined. There was a particularly heavy yarding of pigs and prices for baconers showed a decline on late rates, whiie porkers remained unchanged. Prices equal to last week’s .quotations were offered. for good stores. Slips and weaners declined in value. The auctioneers quote as follows:—Sheep: Extra prime fat wethers sold at up to 14s 6d; medium quality wethers, • 12s 6d to 13s; small wethers and maiden ewes, 10s to Ils 3d; prime young ewes, up to 10s; aged fat ewes, 5s 9d to 7s 3d; inferior ewes, 4s 6d; fat lambs, 8s 6d to 11s 6d. Fat cattle: Medium-weight fat steers sold at up to £6 10s; small, to £3 2s; young fat cows and heifers, £3 to £3 10s; fat cows, £2 to £2 12s 6d; inferior fat cows, 32s to 395; vealers, 12s to 265. Store cattle: One pen of Hereford three-year steers, £3 6s; one pen of Shorthorn three-year steers, £2 6s; springing cows and heifers, £2 to £3. Pigs: Heavy baconers, £2 2s to £2 7s; medium baconers, £1 17s to £2 Is; light baconers and heavy porkers, £1 4s to £1 9s; light porkers, 19s to 235; choppers, £1 15s to £2 6s; best stores, 16s to 19s 6d; slips, 10s 6d to 15s 6d; extra good weaners, 10s 6d; smaller weaners, 5s 6d to 8s 6d.

LONDON MARKET FIRM. By Telegraph—Press Assn.—Copyright. Rec. 5.5 p.m. London, March 28. There was renewed firmness on the stock market to-day. South African gold mines and British funds were very firm. Prices were: War Loan, 31 per cent., £lOl 8s 9d; Bank of Australasia, £3 12s 6d; Bank of New South Wales, £24; Union Bank of Australia, £6 2s 6d; National Bank of New Zealand, 60s 7 Ad; Bank of New Zealand (4 per cent. £lOO shares), 43s 3d; New Zealand Loan and Mercantile debentures, £7l 10s ex div.; ditto, ordinary stock, £27 10s.

GOLD AND SILVER IN LONDON. Rec. 9 p.m. London, March 28. Gold is quoted at £6 0s 9ld an ounce, compared with £6 0s 104 d yesterday. Silver is quoted at 17|d an ounce spot and 17 9-16 d forward, compared with 17 7-16 d and 17id respectively yesterday.