DROP IN PRICES

Hawke's Bay Herald-Tribune, Volume 81, Issue 47, 18 November 1937, Page 13

DROP IN PRICES

-Presa A«aociation.>

Overflow of Supplies at Addington Stock Sale VALUES EASE SHARPLY

( By Telenmpli-

CHRISTCHURCH, Last Night. • Overflow entries featured to-day'Sj Addington market and there was aj sharp easing in all major sections ofi stock. Fat ewes were down by 4s ai head and wethers by about 2s 6d. Fati cattle eased by 20s to 25s, bacon pigs by a penny per pound and porkers by slightly less. Store sheep: More than 1000 wethers from the Ohatham Islands were included in the entry and these sold from 17s to 25s. Other classes of stores were unattractive. Fat sheep: About 5500 were penned. Best wethers made to 34s lOd, good 26s to 30s, best ewes 22s to 26s, ordinary 17s to 19s, and others 14s to 16s 6d. There was some buying of wethers fpr export. Fat cattle: Best cattle sold from £14 to £19, medium prime £12 10s to £14, heifers from £9 to £12 10s for best, and cows from £8 10s to £11 10s, tops being up to 20s more. Vealers met with a weaker market for praetically all sorts but store cattle showed a slight improvement. The long period of dry weather broke during the sale and this had a brightening effect on the store market. Pigs met with a sha,rp decline, partly due to t'he heavy entry and also to the export'rate being reduced by a penny. Porkers made from 35s 6d to 55s 6d, or an average of 6fd to 7fd; baconers sojd from £3 2s 6d to £4 4s 6d, or from 6$d

to 7d. The drop was from 6s to 8s for porkers and 10s to 12s for baconers.