STOCK MARKET

Wanganui Chronicle, Volume 79, Issue 204, 29 August 1936, Page 15

STOCK MARKET

THE FEILDING SALE FAT EWES ADVANCE AGAIN I RECORD PRICES FOR BEEF I [ Per Press Association. ] FEILDING, Aug. 28. | Another great sale took place for i fat ewes at Feilcling to-day, prices ad- ; vancing. Store hoggets were a little | easier due to a drop in quality an-1 store cattle met with a quiet demand. Fat cattle, ox beef particularly, were [ in exceptional demand and record I prices were paid. Range of prices:— Fat Sheep.—Extra prime ewes 35s to 37s 2d, others 25s to 33s 6d, wethers 29s to 36s 3d; hoggpts 23s tc 295. Store Sheep.—Wether hoggets 17s 6d to 25s 2d; black-facc ditto 20s 2d to 21s 9d; ewes, ditto, 28s lOd to 37s Id. Fat Cattle. —Cows £4 17s 6d to £3 15s; heifers £4 10s to £6 17s 6d; Shorthorn bullocks, £l4; vealers, £2 17s Gd to £3. Dairy Cattle. —Springing heifers £5 10s to £9; heifers in milk to £7 5s 6d; springing cows £4 5s to £8 ss, cows in milk £5 10s. Store Cattle.—Forward cows £3 to £4 14s; empty heifers to £3 15s; year , I Ung heifers £4; ditto steers £3 ss. WEEK IN REVIEW VALUES HAVE HARDENING TENDENCY The Farmers’ Co-op., in their * weekly review, state that the weather , for the time of the year lias been , extremely mild and wet days we are ; just experiencing are only to be ex- \ pected. A hardening tendency has K been shown in all classes of stock ; due to the abnormal spring growth J as well as purchasers taking a more . optimistic view of prospects. Dairy heifers have shown a rise of . 30s per head and good cattle are be- j coming increasingly difficult to procure, consequently a further rise is : imminent. « A keen enquiry is shown for all • classes of sheep, quotations being t very limited and any offerings are ( quickly absorbed. A big enquiry j exists for wether hoggets, which, j judging by quotations to hand, appear to be offering in limited numbers. Sales have been made up to j 24s 6d for extra good wether hoggets, mediums 22s to 235. Sales have been made for in-lamb ewes from j full-mouth 30s to 32s 6d. Fat sheep ; are tin very short supply and butch- ( ers are finding it very difficult to fill £ their requirements, truck lots of fat 1 ewes selling from 27s 6d to 28s 6d, fat wethers 31s to 32s 6d. f Quotations for store bullocks are t very limited with a keen enquiry. 1 Several sales have been effected dur- \ ing the week with rising three-year- i old Hereford bullocks £8 to £8 ss. ( Rising two-year Hereford and P.A. 1 steers, extra good, £7 15s. f As is usual at this time of the year s with the milk coming with the spring 1 growth there is a great buoyancy in i the pig market, weaners selling from 1 12s to 18s; store pigs 20s to 27s 6d; i porkers 30s to 35s 6d to £2. 1 Opunake Sale 1 A good yarding ot pigs and dairy J cattle came forward to this fixture -j and met brisk competition under the j hammer, a total clearance being ef- ( fected at satisfactory realisations. Weaner pigs 12s 6d, 14s, 16s 6d; sow and litter £5 18s, £6 2s 6d: store pigs 235. 255. 26s 6d; dairy heifers £7 10=, £7 17s 6d. £8 ss; medium sorts £5 10s. £5 15s, £6, £6 10s; dairy cows £7 15s. £B, £8 ss; backward sorts £6 10s, £6 15s, £7. A fair yarding of store and boner cows sold at late rates. Manaia Sale A good yarding of pigs, dairy cattle and store cows came under the ham- > mer and met with a ready sale, brisk and keen bidding on all classes result- ; ing in a total clearance at very satisfactory prices, dairy cattle in particular showing a rise of 30s ner head. Weaner pigs, 12s 6d, 14s, 16s, 18s; store pigs, 19s 6d, 20s 6d, 22s 6', dairy heifers to profit), 8, £8 ss, £8 10s. £8 15s. £9. £9 ss; medium heifers. £6 10s, £7 7s, £7 15s; backward sorts, £4 10s, £5 10s. £6; dairy cows (close to profit), £lO ss, £lO 15s, £ll ss, £l2, £l2 15s; calved cows, £8 10s, £9, £9 55,. £9 10s; more backward sorts, £6 15s. £7. £7 10s, £8; good paddock cows, £3 3s, £3 7s 6<i. £3 12s 6' 1 . £3 16s, £4; fat cows, £4 15s, £5 2s 6d. £5 Ils 6d, £5 17s 6d. Store cows sold at late rates, works buyers operating to schedule.

TAIHAPE SALE. Messrs. Abraham and Williams, Ltd., report a fair yarding of both sheep and cattle at their Taihape sale held on Wednesday. Competition for all classes of stock was animated and they report an excellent clearance at auction at full market rates. Quotations. —2 and 4-tooth wethers, 255; fat and forward wethers, 28s 6d ; ewe hoggets, from 275, 30s to 365; wether hoggets, 225, 23s 3d, 23s 9d to 24s 3d; fat wethers, 30s; fat cows, £4 10s, £4 15s to £5, £5 10s, £6 to £7 11s; three-year P.A. heifers with calves at foot, £4. £4 10s, £5, £5 10s to £6. The N.Z. Loan and Mercantile Agency Co., Ltd., report that at their Taihape sale held last Wednesday, 26th inst., a small yarding of sheep and cattle came forward. Keen competition was experienced for both owe and wether hoggets, being particularly animated on good ewe hoggets, and we effected a total clearance at prices in favour of vendors. A small yarding of pigs sold at satisfactory prices. We quote: Ewe hoggets, 29s 3d to 36s lOd; 200 ewe hoggets, c/a John Stodart, at 36s JOd; wether hoggets. 23s lOd and 24s 9d; dairy cows, £4 15s to £6 7s 6d; fat heifers, £6 15s; sows (to farrow), £2 10s; sows (empty), 15s; sow and litter, £11; weaner pigs, 29s and 30s. UNRESERVED CLEARING SALE Messrs Levin and Company and | Dalgety and Company, Ltd., auc- j tioneers, in conjunction, report on ' clearing sale conducted at Bulls on i account of Mr C. B. Swainson, on I Wednesday:— There- was a good attendance of ’ farmers from the surrounding district, with sound competition for all lots submitted, and the sale was a j very satisfactory one. The following , is a range of prices obtained:—Aged ewes with 100 per cent, lambs at foot, 27s 6d, 30s 3d, 31s 9d; ewes to lamb and with lambs at foot, 23s 6d, 265; springing dairy cows, £4, £5, £5 15s, ] £6 10s, £7 10s to £8 15s; spring-1 ing 2-year dairy heifers, £4 15s, £5 2s 6d, £5 10s, £6 to £7 15s; store cows with calves at foot. £3 10s; yearling Jersey heifers, £3 15s; aged three-quarter draught marc, £44; half-draught aged mare, £10; i aged mare, £l7; separator, £2 10s; | electric motors £4 10s; farm dray, £4 ; 10s; 5 L. harrows, £5; disc harrows £5 10s; hay rake, £2 ss; spring dray 30s; d.f. plough, £10; drill. 275; binder £5.

C. L. INNES’ YEAR The accounts of C. L. Innes and Co., Ltd., brewers, for the year ended June 30, disclose ar net profit of £3840, against £4516 reported in the previous year and £4BO in 1934. However, an increased income tax payment was necessary in respect of the 1935 accounts, reducing the profit for that year to £4103. In the past year the profit figure has been affected by provision for income tax on the higher scale and by more liberal depreciation allowance. With £393 brought forward, £4233 is available. Preference dividend of 8 per cent., less 20 per cent., and an ordinary dividend of 8 per cent., unchanged require £2320, and £1913 is carried forward. Total assets at £53,136 are £3277 higher, accounted for mainly by a rise of £3009 to -£34,03.3 in fixed assets. Shares and investments have increased by £lB2 to £1654, and stocks are £636 higher at £11,710. Paid capital stands at £31,026, an increase of £349. General reserve is unchanged at £7148.