RAM FAIR

Timaru Herald, Volume CXXXIX, Issue 20065, 23 March 1935, Page 22

RAM FAIR

SATISFACTORY PRICES REALISED By Telegraph—Press Association CHRISTCHURCH, March 22. The Christchurch ram fair concluded to-day with the sale of stud rams. The entry was 281 compared with 248 last year, and prices throughout were satisfactory though not up to those of last year. Buyers insisted on quality and were prepared to pay to get it. Southdowns were again the largest class offering, numbering 111. The quality of the breed was not up to recent standard but many fine sheep were offered. Top price was 45 guineas for a ram bred by the well-known Maheno breeder, Mr H. J. Andrew. Top price last year was 65 guineas. Other sales made by Mr Andrew were 40, 371, 36 and 34 guineas. Mr C. F. McLauchlan, Blenheim, sold a ram at 40 guineas and Mrs B. H. Slack, Manakau, one at 36 guineas. There was an excellent display of Corriedales, which numbered 63. Top price, 55 guineas, was paid for a ram bred by Mr R. J. Martin, Seafield. Mid-Canterbury. Top price last year was 90 guineas. A ram was sold for Mr J. L. McFarlane, Waiau, at 40 guineas, and another for Mr Jas. Reid. Darfield. at 38 guineas. Exceptionally fine offering of English Leicesters met a slow sale at first, but later sold well. Top price was 53 guineas for a magnificent ram bred by Canterbury Agricultural College. Lincoln. Top price last year was 40 guineas. Mr E. S. Taylor, Woodend, sold Qne at 40 guineas, and Mr R. J. Low. Mount Hutt, one at 31* guineas. Border Leicesters, Shropshires. Lincolns and Romneys were few in number. Romneys made to 20 guineas, which was paid for a great ram from Mr W. Rayner, Masterton. Mr Rayner also sold the top Lincoln at 8 guineas. Border Leicesters made to 29 guineas for one from Mr J. L. McFarlane, Waiau. Shropshires made to 10 guineas. The range of prices (in guineas) was:—

PRODUCE MARKETS DUNEDIN By Telegraph—Press Association DUNEDIN, March 22. The number of samples of milling wheat on offer is diminishing, as threshing is now about complete in this district. The value of fowl wheat in Dunedin is around about 4/6 a bushel, sacks extra ex store. Merchants are finding it difficult to secure stocks. The oat market continues firm. The shipping offers are 3/1 f.o.b.s.i. for A Gartons and 2/10 for B’s. Farmers are holding off for higher values. The chaff market continues firm with stocks in store on the light side. Best quality is worth £5 a ton, sacks extra ex trucks, and for lots ex the store another 5/- a ton is obtainable. The potato market is quiet and it is difficult to maintain prices, which are £5/10/0 to £6 a ton according to quality. There has been a fair trade in wholesale lines of seeds. The market generally continues unchanged with ryegrass remaining steady and also other seeds. The exception is in the brown top and fescue markets both of which are weak with the merchants reducing their buying limits. CHRISTCHURCH By Telegraph—Press Association CHRISTCHURCH, March 22. Onions provided the main feature of the market changes of the week. They have jumped to £lO a ton on trucks. There has been a steady inquiry from Dunedin and further south, and this is the main cause of the sharp advance. Crops in Canterbury are very light and growers are confident that values will show a further appreciation. There has been some inquiry from Auckland for prompt potatoes, and this has tended to give the market a better tone. For spread delivery up to £4/15/0 on trucks has been paid for prompt delivery. April-May-June delivery is quoted at £5/15/0 f.o.b.si. Growers ideas are about £4/10/0 a ton on trucks. Oats show no change in value, and the market is very quiet. A Gartons are quoted up to 3/2 a bushel on trucks and B’s to 2/10. Algerians are still quoted at 2/6 a bushel to farmers for good quality seed, but the expected demand from farmers for seed has developed to a very small extent only. Peas remain firm as previously quoted. 6/- a bushel on trucks. There is no change in the fowl wheat market which is very quiet. Chaff is quoted at £3 to £3/10/0 a ton on trucks. There is no change in the small seeds market, and most classes remain unchanged. The price of pollard has been reduced by 10/- a ton. The price now is £5/5/0 a ton (large) and £5/15/0 (small). dairy produce Dalgety and Company, Ltd., have received the following advice from their London Office: — Butter.—Market slow; Danish 78/- to 80/-; New Zealand 71/- to 72/-; Australian unsalted 75/- to 76/-; Australian salted 70/- to 71/-; Australian g.a.q. 68/-. Cheese.—Market slow; New Zealand white 45/-; New Zealand coloured 45/6 to 46/-; Canadian white and coloured 58/- to 62/-. MINING NEWS By Telegraph—Press Association DUNEDIN, March 22. The secretary of the Goldfields Dredging Company Limited reports that the return for the week was llozs. ldwt. for 126 hours dredging. PRICE OF SILVER Silver, like gold, has been rising in London as sterling depreciated, the white metal touching 295 d per ounce this week, the highest price since 1928. But lead and zinc are inclined to weaken. The price of silver is due partly to President Roosevelt’s silver buying plan which resulted in China virtually leaving the silver standard Chinese coinage was exported as outlion by traders and sold at a high price to the United States, and as silver is the only reliable currency in China, trade began to suffer. Hence the Chinese export tax on the metal and the unpegging of '.he silver exchange.

1935 1934 English Leicester 5 to 33 6 to 40 Corriedales .. .. 6 to 55 6i to 90 Southdown .. .. 7 to 45 5 to 65 Romney Marsh . 5 to 20 — to 20i Lincoln 6 to 8 121 to 27i Border Leicester 7 to 29 6 to 10 Shropshire .. .. — to 10 10 to 30