COMMERCIAL

Taranaki Daily News, 3 June 1933, Page 11

COMMERCIAL

TARANAKI STOCK MARKET MORE BUOYANT TONE SHOWN STORE SHEEP. IN DEMAND REFLEX OF WOOL VALUES Newton King Limited’s stock report states:— ’ • - • ■ Squally weather has been continuous during, the past week, and where feed is not plentiful cattle are fast losing their bloom. Fortunately a more buoyant tone is .the tendency throughout the stock .market and most branches seem to be inclined, towards improvement. Unloading of culls' from dairy herds accounts for the bulk of . the offerings at that r fortnightly sales, but unfortunately export buyers’ activities are restricted to some degree on account of the congestionrat the Waitara works. Their competition, however, accounts for all except- those suitable for local consump- . ■ Those Tinl rling dairy heifers would welcome a little more enthusiasm than has yet been' displayed in this branch. June, however,- generally brings a little more ' activity with dairy stock, and as clearing sales pencilled are fewer than usual, sound argument is offered in the con- \ elusion that heifers should be more keenly sought, and those who are in a position to winter their holdings well should show a remunerative return for their labour. Values in both the beef and mutton sections have shown little variation since last week. Beef seems to be in plentiful supply but quotations in, the mutton section seem just adequate for the local demand. The majority of sales of first-grade beef are effected through private treaty, well-bred prime young cows and heifers being worth from £4 15s to £5 and lighter £4 to £4.55. Oddments at auction realise from £2 5s to £3 10s. Values for fat sheep are: Best wethers to 14s 6d, lighter 12s 6d to 13s 6d, prime young ewes 10s, old and plainer sheep 8s to 9s, lambs Ils 6d to 13s 6d. A much ’brighter tone is noticeable in the store sheep section, which can undoubtedly be attributed to the advance in wool prices. Ewes in lamb to Southdown rams are readily sought, but few lines are offering, and the odd lots that come under the hammer meet spirited competition, 4 and 5-year ewes selling at from 9s to 10s 6d. Few, if any, younger sheep, are submitted. Hoggets of both sexes are also keenly sought, but there again quotations are few, and those tliat come under the hammer meet a ready sale at prices a little in advance of those ruling a few weeks ago. The Inglewood gale on Wednesday last drew a moderate entry of this class, small'to medium ewe hoggets making to 16s and 10s 4d, forward-conditioned wether hoggets 10s * 9d, good stores 6s lOd, culls 7s, ewes in lamb, to black-faced ram 10s and fat hoggets 125.6 d. Little business is being transacted in the store cattle section, although. there is a good inquiry for young cows suitable for early fattening, and the odd lots of this class that come -under the hammer are subject to spirited competition, realisations ranging from 30s to 355. Weaner Jersey heifers continue to be inquired for, but the magnitude of busiv ness; that was conducted earlier in the year with this' class has occasioned quotations of good lines to be very scat- . tered, and holders are being quoted at values which discourage trade. At the moment the best cattle are quoted, at from £2 10s to £2 15s and up to £3, but few buyers seem ready to make commitments at. above £2 ss. Occasional lines of good cattle come under the hammer, and these are keenly competed for; from £2 5s to £2 10s is generally the order for cattle showing quality. Medium to good sorts also sell readily at from 30s to 355. Hold-over cattle of quality make 22s 6d to 27s 6d and inferior and cross-bred 15s to 20s. Ideas of values in the in-calf heifer section take a wide range and the difference of opinion occasions difficulty in arriving at a standard of values for the guidance of holders. The financial side of the situation* has to be considered, and the limits of those offering assistance in this direction will have some bearing on values. The buoyancy of the British markets for dairy produce has, however, inspired a little more confidence with dairymen, and its future movements'will also have to be taken into consideration when assessing values of dairy stock. Business with traders has been completed during the week and some hundreds have changed hands at seemingly profitable values, two-year-olds where purchased in wholesale lines for mid to end of June delivery changing at from £4 5s to £4 15s and three-year-olds being sold for similar delivery at up to £5. One-truck lots of good cattle are also inquired for, and sales of tops to outside'buyers have been recorded at up to £6 10s, larger selections being purchased at from £5 5s to £5 15s, but only July and early August calvers are as yet sought. 1 ■ ■ The Urenui sale on Monday drew an average yarding in all departments and a total clearance under the hammer was effected.. Fat ewes made 9s 6d, fat wethers 14s, good-quality well-grown weaner Jersey heifers £2-9s 6d, medium cattle £1 155, ! hold-overs 19s, dairy cows due August-September (showing age) £2 to £2 10s,. heifers in milk £3 15s, fat cows £3 14s, well-bred prime runners £2 14s, paddock cows £1 11s to £1 15s, sound empty cows 26s to’ 355, meaty works cows £1 12s to £ll6s, boners 5s to 21s, two-year empty Jersey heifers £2 to £2 6s. The Inglewood sale on Wednesday drew a heavy yarding of culls from dairy herds, which included a good number of meaty to killable cattle. A fair entry of weaner Jersey heifers also came forward and a total clearance was effected 1 . Good-quality yearlings of size made to £2 14s, smaller cattle of quality €1 14s to £1 19s, good-quality hold-over heifers 22s 6H to 275, fat cows from dairy herds £2 10s to £2 17s 6d, meaty works cows £1 Ils to £1 15s, paddock cows to £1 15s, boners 15s to 21s, good-quality dairy heifers (July and August calvers) £5 to £5 ss, medium £4 7s 6d, small and later calvers £2 10s to £2 15s, dairy cows in full milk £3 12s 6d. The Rahotu sale on Thursday drew a moderate yarding, included in which was a line of good-quality marked in-calf heifers, these changing hands at £7 a head. Yearlings from the same herd realised £2 7s 6d. Good quality smaller yearlings made £1 15s 6d, crossbred £1 8s to £1 9s 6d, hold-over heifers 15s to 265, fat heifers £3 2s, heavy cows from dairy herds showing age. £2 2s to £2 4s, meaty works cows £1 12s to £1 14s, boners 15s to 20s. . Yardings in the pig section have fallen off since the last report, and as a consequence a little keener competition is the order for the smaller numbers that are coming forward. The advance in prices conveyed in the last report was fully maintained at the New Plymouth Haymarket yard yesterday, where practically a total clearance under the hammer was effected. Unfinished porkers made to 225, lighter-conditioned sorts 19s, large stores in good condition 17s, smaller sorts 13s 6d to 14s, slips 8s 6d, best w.eaners 6s 6d to 7s 6d, small 4s to ss.