STOCK MARKETS

Wanganui Chronicle, Volume 79, Issue 246, 17 October 1936, Page 7

STOCK MARKETS

THE WEEK REVIEWED The Farmers’ Co-op. in meir weekly review, state that weather conditions have to some extent dampened the ardour of would-be purchasers of all classes of stock, there being more feed some five weeks ago than to-day. Business, however, has been well maintained in all sections of the stock business, there being a large inquiry for lambs of all classes on a forward delivery basis. Dairy production everywhere, with the cold weather conditions, has been inclined to show an easing tendency, warm rains followed by bright sunshine, needed to restore production to its former level. Interest at the moment is centred on the prospects for the lamb market for the coming season, and while the announcement of an opening price might be expected at any date, interest is centred mainly on the future, and with the preparations for the Coronation and the increased thousands being employed in armaments manufacture, resulting in a greater prosperity in the Old Country, every indication seems assured of firm values ruling for some considerable (time. This will also have a definite i bearing on the wool market, where i Japan’s operations in the recent South ! African sales resulted in values bei ing up on the Australian series by something like from 2d to 2id, thi? auguring well for the New Zealand series of sales. Ft Stock.—All classes of fat stock remain firm in value on those ruling in our last report. With the lateness of the spring growth, the supply of prime cattle has been much diminished, several large lines changing hands during the week. Sales included a line of 36 extra prime heifers and Shorthorn heifers at £lO ss, several truck lots of heavy prime P.A. cows and heifers from £9 to £9 10s with lighter sorts from £8 5s to £8 15s, quotations now becoming few and far between. All classes of fat sheep remain firm in value, best fat ewes from 29s to 30s, with best tat wethers from 32s 6d to 345. Store Stock.—All classes of store sheep enjoy a particularly free enquiry, the difficult}' being to obtain suitable quotations. Sales on a forward delivery basis have been of some magnitude during the week, including 1200 m.s.w.f. lambs at 21s 6d, 900 m.s. w.f. lambs at £l, 540 m.s. w.f. lambs at £l. 500 m.s. w.f. lambs at £l, and 350 b.f. lambs at £l. Quotations of ewes with lambs at foot remain particularly difficult to obtain, sales including a line of 200 6-year I ewes with b.f. lambs at foot at £2. Best ewe hoggets are still keenly sought after, up to £2 2s 6d in the wool, with best wether hoggets to 27s | The enquiry for store station cattle still remains fairly free, the lateness | of the spring holding would-be purchasers back to a certain extent. Sales in one or two small lines of 3year P.A. steers have been effected from £8 10s to £9, quotations here again being few and far between. Younger cattle still command attention, best yearing steers selling to £7 iOs. Dairy sales at all centres, although quite firm for the lateness of the season, show a slight easing tendency as is usual at the time of year. The enquiry for Jersey yearling heifers is somewhat in and out, the difficulty being to obtain quotations of really top cattle. Best yearlings sell from £5 5s to £5 10s, more medium sorts from £4 10s to £4 15s. Sales at all centres have been well supported, large entries of bulls coming forward meeting strong competition. Store cattle at all sales have remained firm in value, best paddock cows illiciting keen competition. The Stratford Bull Fair was held on Monday, and 45 bulls came forward. There was a good attendance of buyers, The Hawera sale on Thursday drew one of the biggest yardings of store cattle for some months. Several good lines of wether hoggets and a fair entry of fat ewes came forward, best w.f. wether hoggets bringing 26s 9d to 245, woolly fat ewes 29s lOd, medium ewe hoggets 34s 6d. A very big yarding of store cattle came forward, best fat cows £8 15s, fat cows ex-dairy £s'ss, £6 and £7 Is, paddock cows £3 to £4, boner cows 30s to £2 2s 6d. A large yarding of dairies for the time of the year met somewhat of a sticky sale, the lateness of the spring growth accounting for a considerable ease in price. Best dairy heifers £6 10s to £7 * 10s, mediums £5 to £5 15sff dairy cows £6 to £7 15s. A medium yarding of I bulls met quite a free sale, best grade 2-year-olds making from 8 guineas to 10 guineas, medium sorts from 6 guineas to 6 guineas, best yearlings from 5i guineas to 6'l guineas. A large yarding of pigs met with a very ( spirited sale, weaners especially be- j ing in keen demand. Best stores from s 34s to 375, lighter stores from 24s 6d ;

=^fnL 6^’?„ St we ® ners to 21s 6d. smaller weaners from 13s 6d to 16s T , sows , 5 gymeas. pedigree Tamworth boars 4 guineas, BULLS SALE. ’ Dalgety and Company, Ltd., report j on their fortnightly Bulls sale held last Monday, when fair entries of l stock came to hand in all sections.: Sheep sold at late rates with a strong

sale for pigs. Beef cattle, of which the quality was good, met with ani- ; mated competition with prices higher than at recent sales. Store cows sole at late rates, whilst a fair entry of grade and pedigree Jersey bulls sold at satisfactory prices. We quote:—Fat S.D. hoggets, 22s a t h.f. hoggets, 265, 275: store cows > U 12s. £1 17s. £1 19s, £2 10s, £2 s » fat Jersey cow, £4 10s; fat c°ws, £7: fat 2-year heifers, G.E., £3 fat dark Jersey heifers, £2 17s 6d; ;

fat poly Jersey heifers, £3 17s 6d; dairy heifers, r.w.b., £5 15s, £6; yea|ling grade Jersey bulls, 9, 94, 10S, 13Jgns.; yearling pedigree ditto, 9igns.; 2-year pedigree ditto, 7gns.; 2-year grade ditto, £7, £7 12s 6d; 3vear grade ditto, £6 10s; 4-year grade ditto, £6 10s.