THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9139, 7 May 1908, Page 8

THE MARKETS.

SYDNEY WOOL SALES. Press Association—Copyright. Received May 6, 11.35 p.m. Sydney, May (5. Bidding was slack, and prices declined 10 to 15 per cent, all round compared with last series of sales. LONDON MARKETS. London, May 5. Wheat has advanced 6d. Wool arrivals are 328,000 bales, of which there have been forwarded direct to the manufacturers 132,000 bales leaving for nest sales 263,000 baes. AUSTRALIANpiARKETS. Sydney, May 6. Wheat 4s 7d; flour £10; oats, white and Algerian milling 3s 5d to 3s 6d ; barley, Cape 4s 6d; maize 4s 8d to 4s 9d; bran £4 10s; onions, Victorian £7; butter 112 s to 114 s; cheese 7d to 9d; bacon »d tollO^d. The above quotations are those ruling between merchant and retailer, ’ and do not represent the slightly' lower values obtained by recognised brokers. In Melbourne, wheat is 4s 5d to 4s 6d; oats, Algerian r feeding 8s 2d ; barley. Cape 3s lOd ; English malting 5s 7d; maize, 4s 6d ; bran and polard.ds 7d; potatoes £8; onions, £5 In Adelaide, wheat is 4s 4d ; flour £8 10s; bran and pollard, Is ed. THE ADDINGTON MARKETS.

Per Press Association Christchurch, May 6. At the Addington live stock market there were fairly large entries of stock and a good attendance. Store sheep met with a fair sale. Heavy fat lambs were rather firm, and the fat sheep sale opened dull, but improved as sale progressed. Tat cattle sold at about last week’s rate, really prime being rather firmer, and pigs were rather easier in demand. There was a fairly large yarding of store sheep, and mixed in quality and condition. There were several good lines of forward wethers, and a better proportion of forward lambs than at late sales, the latter, however* being in small lots. The ewes were a mixed lot, but among them were a few lines of good two-tooth forward wethers and lambs. The latter classes of ewes were most in demand, and sold well up to late rates, and other descriptions were disposed of without much change in values. There was a moderate entry of fat lambs and a rather better demand for the heavier weights. Tegs sold at 15s 6d to 18s 9d, and show lots up to 21s 6d, ordinary freezing weights 13s to 15s, and light and unfinished 10s to 13s 6d. There was a fairly large yarding of fat sheep, including a few lines of prime wethers and ewes, but the bulk consisted of ewes that were well finished. The market opened rather slack, but improved later on, and towards the close there was a good recovery on the previous week’s prices. The range of prices was :—Prime wethers 18s to 22a, extra to 25a Bd, lighter 15s 4d to 18s, medium 13s to 115 s, aged and light 8s 6d to 12s 6d. The supply of beef comprised 328 head, including a fair proportion of prime steers and heifers. The first three races were passed, as prices were not up to the sellers’ reserves, but they were afterwards disposed of as values improved, as the sale progressed. Prime steers and heifers and good cows met with the best demand, but inferior*beef. was more difficult to dispose of. The range of prices was: —Steers £6 5s to £ll, heifers £5 to £8 17s 6d, extra to £9 10s, and cows £4 5s to £7 ss, and ■extra to £8 —equal to 21s to 25s 6d for prime, 18s 6d to 20s 6d for medium, and 17s to 18s for cow and inferior beef per 1001 b. A medium entry of veal calves sold rather better than last week at prices ranging from 4s 6d to £2 15b, according to size and quality. There were only a few young sorts and old cows in the store cattle pens and a poor demand, fifteen to eighteen months selling at B4a, and dry cows 15s 6d to 455. Dairy cows met with a hatter sale at £3 10a to £8 ss.

There was a fairly large entry of pigs including a good proportion of heavy weights. The demand showed a slackening off, and prices were in consequence easier. Choppers sold at £8 to £4 la 6d, light haconers 50s to 60s and heavy £3 4s to £3 11s — equal to od to per lb porkers 28s to 35s for light, and BGs to 45s for heavy—equal to s>£d to 6d per lb large, stores 23s to 265, medium 16s to 21s, and weaners 6s to 12s. STOCK REPORT. Messrs Dalgety & Co., Ltd., Palmerston North, report:—Wo had a fair yarding of sheep and a small entry of cattle at our Marton sale on the sth inst. Forward conditioned stock were again in good demand, but for breeding ewes and backward lambs there was but very little inquiry. Our sales were : Forward ewes 11s to 11s Id, cull lambs 3s 3d, 2-tooth wethers 12s, backward 2-t6oth wethers 10s 4d.|||iU