SUBSTANTIAL FALL

Gisborne Herald, Volume LXVI, Issue 20042, 14 September 1939, Page 11

SUBSTANTIAL FALL

FAT SHEEP PRICES CATTLE VALLES EASE RATES AT ALDINGTON (For Press Assor.int.inn. > ' CHRISTCHURCH, tiiis day. There was a sharp decline in the value of fat sheep at the Addington stock market yesterday, clue to an excess of entries. Rumours of lire Government action to prevent the prices of meat rising further wore the cause of the overflow.

Store sheep met with a slightly brighter sale. Ewe hoggets made to 20s Gd, ewes to 255, and ewes and lambs all counted to 14s 9d.

More than 8000 fat sheep were penned, a number of lines being from the south. The market opened at from 7s to 9s a head less than last week's rates, and slipped still further in the final stages by from 8s to 12s, bringing values to a lower level than a fortnight ago. the peak sale of the season. The best wethers made to 49s lOd. good 34s to 40s; best ewes 32s to 395, good 24s to 30s. Passings were heavy towards the end of the sale.

There was a moderate penning of 450 head of fat cattle. A few pens of tops showed only a minor easing, but the bulk of the entry averaged about 20s a head lower. Extra prime beef in a few cases made to 51s per 1001 b.. tut the bulk of the best quality made from 45s to 48s. Best steers macie from £2O to £24 12s Gd. good £lO to £lB. and medium from £l2 to £l3. Specially good heifers made high prices, a show beast realising £22 7s Gd. but most of the average to good heifers ranged from £l3 10s to £ls, with cows 20s less.

There was a good sale for porkers and baconers. Choppers sold from £3 18s Gd to £7 8s 7d. and porkers at £2 7s Gel to £3 5s Gd, the average pricebeing 7RI to BJd per lb.; baconers £3 9s Gd to £4 19s Gd, the average price being 7d to 8d per lb.