LITTLE CHANGE.

Waikato Times, Volume 120, Issue 19992, 16 September 1936, Page 10

LITTLE CHANGE.

WAIKATO STOCK MARKETS. •LARGER SUPPLIES FORWARD. BEEF USUALLY STEADY. Fat oattle are on offer In Increased numbers with prices ocoocasionally moving in vendors’ favour. Store oattle continue In keen request. More fat sheep are available and prices at some centres swing a shade In favour of buyers. Dairy cattle are Inclined to be a little stronger. A firmer trade is shown for pigs with stores tending to weaken.

j*o drastic alteration has taken place in the Waikato stock markets during the past week, a featqre of many centres being the larger supplies ol: fat classes available. Those who have been holding on until the advent of a better market are apparently now unloading, but in many cases an oversupplied market has been to their disadvantage. An active demand is still shown for store classes with young oattle remaining in keen request. Se'ttled conditions have been delayed and a spell of good weather which is apparently at hand, should do much to accelerate business In the dairy oattle seotion. It will he agreed that an exceptionally satisfactory lambing has been experienced In the Waikato and It is probable that the percentage has been the highest for many years. Although the weather could not have been more favourable at the crucial time, the cold and wet conditions during the' last, three weeks have retarded progress, but the mortality rate has been surprisingly low. It seems that the weather has at last broken and farmers will be given the opportunely of carrying out docking operations unde'r suitable conditions. It has been stated by some that the lambs were earlier this year, but generally they were no earlie'r than last year and It has also to be' remembered that many have adopted the practice of putting the rams out earlier.

Pedigree Stock Values. A reliable Indication of the returning confidence of those engaged in the" farming industry Is provided by the high level of prices that have ruled for pedigree stock during recent weeks. From all parts of the Dominion come reports of substantially improved values, indicating that pedigree stock prices are now practically on a level ■with the pre-depression values probably the most successful sale ever held in New Zealand was the sale of imported Clydesdales at Wellington last week then 14 horses, offered on behalf of the great breeder. Mr David Adams, of Dumbarton, Scotland, sold at the wonderful average of 605gns., prices prices ranging from 210gns to 1700gns. And at. the National Jersey sale held In Hamilton last week values returned to boom period levels and indicated the very favourable future for wellbacked pedigree cattle. Beef Unchanged.

Apparently the beef market has reached its peak, but it would not be safe to predict that the market will not show a further rise before Christmas. The high level of values se't *a month ago has attracted larger supplies on to the market and the increased numbers of cattle have effectively arrested any tendency of the market to advanco further. Little alteration for beef has been noted during the past fortnight, but the market has been hardly as buoyant as three weeks ago. although there has bee'n little departure from the price level ruling previously. Although it has been reported that export buyers have been experiencing difficulty in filling shipments, the yards have , been fuller during the last fortnight than for some months. Quality has also shown an improvement and butchers and export buyers have been offered improved scope both In regard to quantity and quality. Sheep Values Firmer.

An exceptionally large entry of sheep was forward at the central yards yesterday and proved more than sufficient for the requirements of buyers, vendors, receiving a less than the previous week. However, prices have shown little change at other centres, price levels depending solely on the quality and number of the entries. The entry at the Morrlnsvllle yards on Friday was also the largest for some months, but values generally were well held. Ewes particularly were in demand and showed an improvement over late rates. Shorn entries have been shown In increased numbers and are being keenly absorbed whenever on offer. Fat Pigs Firmer. Little fluctuation has been shown for fat pigs at Waikato markets during the last week and a fe'ature of the yardings has been the larger proportion of baconers forward. Larger entries have been on offer, but buyers have* shown their ability to cope with increased supplied. Stores, however, have been meeting a variable market and during the last week have* been slower of sale. Matamata Jersey Club. The first of the Jersey Club sales was held at Matamata on Monday when the annual sale of the Matamata ,1 elsev Club attracted a keen branch Of buyers. The improvement in values for pedigree cattle that has been I In the W dk il maintained at Hie sale when ♦*,;* head

averaged 21$gns. This was a substantial improvement over last year’s sale. The top price of Signs was paid by Air E. S. Allison, of Taihoa, for Derry’s Superior Lord by Superior Oxford from Derry’s Fawn H 0 G.0.R., 657.441 b fat. National Sale. Those who had anticipated an improvement in the prices at the National Jersey sale last Wednesday would have hardly expected that the improvement would have been so substantial. it could not be said that Hie sale dragged at any time and the fact that 112 hulls made the very satisfactory average' of 42Jgns is sufficient to indicate its great success. It was by tlie highest average that lias been obtained in the Waikato since the boom period and the sale depression sales. The top price was i3sgns against 130gns last year, but this is not any Indication of the difference between the two sales. While at last year’s sale only one bull made above the lOOgns mark, at last week’s fixture seven bulls sold at over iOO gns., while quite a large l proportion of the entry sold from 60 to 90gns. While the improved prices this year could he partly attributed to ttie better times, there could he no doubt that, the very high standard of quality represented by the entries supported l»v exceptional butterfat records was in no small measure responsible for ihe improvement in prices. Top price of last year’s sale, J3ogns., was paid for Ivondale Heather Lad by Ivondale Rainbow You’ll Do from Ivon Tiny Heather. At last Wednesday's sale. Ivondale Rainbow You’ll Do. herself sold for 120gns. An indication of tlie butter-fat represented at the National is provided by the fad that the top priced animal, Rccetilands Raleigh Lad. was a son of that great cow. Beechlands SummeV Lass, Ha;.. C.n.R. spoffi fat. at 1 year 3 *3 days, a world's record.