COMMERCIAL NEWS

Hokitika Guardian, 22 February 1923, Page 4

COMMERCIAL NEWS

AD.HNCTON STOCK MARKET (By Telegraph Special to Buardian.) A DROP IN BEEF.

CHRISTCHURCH, This Day. .uessrs H. Matson and Co., report as follows regarding their stock sale at -Addington yards yesterday: Store sheep An exceptionally heavy yarding including a large proportion of shipped and travelled sheep, which showed a decide drop m all classes, especially ewes. Best wethers sold sl t from 2(>s to 28s, an exceptional good line from the Chatiiaius making to 325. Best young ewes making 2,s (id to 325. one good lot of local half-bred ewes making 31s. Medium sound-mouthed ewes and travelled sorts 21s to 2is, haekfard and inferior ltis lo 235. A good demand for rape lambs and no quotable difference from last week.

Store cattle.—A very small yarding, and the quality was mixed. The demand was good. Best 3-year steers £6 10s to £7 17s (id; 2-,vr ditto £3 10s to £-1 ss: heifers £3 ]ss to £4 -is; yearlings 30s to 50s: cows 25s to iOs. Pigs. Fat pigs had a medium entry which met with a good demand. Prices improved on lasi weeks rates. Light haeoners £3 12s to £4; heavy £4 to £1 8s Id: extra heavy £4 10s to £5 Is. Average price (id to fij-d. Light porkers c2 7s Id to £2 Ms; heavy £2 17s to £3 2s Id. Average price 7)d to B.MI.

Store pigs. A huge entry and the demand for medium huge stores was keen. AA'caners and small stores were easier. Meaners 12 s lo His, small stores 18s to 255; medium 30s to 38s; large 40? to -15 s; sows in ptg up to £5 10s.

Beef.— A large yarding, about 380 head. The market showed a decided drop on last week. all classes being affected. Prime steers £l2 10s to £lO 1.75; medium £0 IDs to £l2 Is; others L'ti to £O. Rest heifers ami good fre.-.h country sold better in proportion than steers. |Time lieifeis LT Ul? to CIO: extra to £l2 medium £0 to £7; best cows £<i If) L. M 0: others LT lOs in L 7 I-. Mutton. A inie. h larger yarding. mo?l!v ewe?'. Till 1 quality generally as not too good : ml nmrki t deeid illy easier all round, especially for me-

lium and inferior ewes, which showed a decline of from 4s to 3s Od. Wethers did not show the same decline. Prime wethers 32s 6d to 36s 6d: extra to 40s; medium 28s 6d to 325: others 26s 6d to 28s. Prime ewes 2is to 31s. some extra good making more: medium 23s to 26s fid : light and inferior 17s fid to 23s fid. Fat lambs. A small yarding. the quality was good and the market very firm. The average price overall was lOd to 1 Did.