THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9387, 5 March 1909, Page 6

THE MARKETS.

ADDINGTON MARKETS.

Per Press Association Christchurch, March 3. At the Addington yards to-day there were fairly large entries of stock and a good attendance. Fat cattle sola at about last week’s rates. Store sheep and fat lambs were easier, and fat sheep sold at still lower prices. Pigs sold well at late rates. There was a rather doll demand for store cattle.. The entry of Is to re sheep was the largest for this season, about 3000 being yarded. As a whole, the quality was only moderate. There were a number of North Island and Chatham Island sheep among the lines ol| wethers and ewes. • There was a large entry of lambs, mostly light and inferior sorts. The demand for all classes was easier, and prices showed a redaction on late rates. Forward rape lambs were the only sorts that maintained anything like late values, while there was a considerable drop in low conditioned and travel-stained lambs. Ewes of all ages also> suffered in price, even young ewes not being in such strong demand as of late. Wethers were dull of sale, though there were Isome good lines; on offer, and several lines were passed. Forward wethers made ISsj to 13s 6d, medium 11s to 11s 6d,. small low-conditioned and travelstained 7s 9d to 10s 3d, forward rape lambs 11s 6d to 13s 9d, medium 10s to 10s 9d, inferior 7s 9d to 9a, beat two-tooth ewes to 18s lOd, others 15s. 6d to 16s 6d, small 14s 6d to 15s 3d, sound-mouth 12s, tour, six, and eight-tooth to 12s lid. There was an entry of 5061 fatlambs, or about 350 less than last week. The quality on the whole was good. The export buyers having again reduced their limits, all classes “were easier, heavy-weight lambs being most affected. The buyers’ limits are now 4>£d for up. to 361 b, 4*£d for 361 b to 431 b and second quality, 3%d for over 431 - There were 4665 lambs taken forfreezing at 13s 3d to 14s 7d, and 331 by butchers, the top price for a few heavy-weights being 15s 9d to 17s 6d ; 75 were passed in. <The entry of fat sheep was not quits so large as last week, but thesupply was more than sufficient for butoheiß, and prices showed a farther decline. It was less noticeable in wethers than in ewes, bat a few lots of tfae former were cheap enoagb for graziers to purchase. Aged and inferior ewes showed the largest reduction In valnes, and the lowest prices for the season were realised. Prime wethers 15s 6d to 17s Id, others 13s 9d to 15s, prime ewes 11s 6d to 14s, extra to 14s lid,, medium 9s 6d to 11s, aged and light 6s to 9s.

The yarding of fat cattle totalled 805. The quality was somewhat below that of late sales. Steers being in short supply, there was a fair demand. Prices showed little or no alteration from last week. Steers made £6 17s 6d to £ll 7s .6d„ heifers £5 2s 6d to £7 12s 6d, cows £4 17s 6d to £B—equal to 22s to 28s for prime. Ids to 21s 6d for medium, and 17s to 18s 6d for cow and inferior per 1001 b. Veal calves sold at 4s 7d to 50a. There was a large entry of store cattle, including some good lines.. The demand lacked the freshness shown at last sales. Local yearlings made 225, 15 to 18-months 38s to 48s, two-year steers £3 2s 6d to £3 os, two-year heifers £2 8a to £2 18s 6d, two-and-a-half year steers £4 17s 6d, 3-year steers £5 7s 6d to £6 dry cows 25s to £3. Southland cattle, of which " there were 'consignments totalling about 150 head, made for yearlings 28s 6d, 2-year steers £2 Ss to £2 17s, to 3-year heifers £310s, h3-year steers £5, 3 and 4-year steers £6 19s, dry cows 38s to £3 3s. Dairy cows were in only fair demand, and made £3 10s to £9 15s. The entry of pigs was smaller! than last week, and there was a fair demand at late rates. Choppers sold up to £2 10s, large baconers 60s to 675, slighter 48s to 50s, equal to Sd. per lb; large choppers 42s to 50si smaller 30s to 40s, equal to 6d per lb; large stores 32s to 365, medium 28s to 31s, weaners 12s to 22s 6d. A linoof about 70 from Cheviot made 12s 6d to 21s 6d.

THE GRAIN MARKET.

Christchurch, March 2,

There is not such a large of wheat offering as in the early part of last week, and growers are indined to ask a little more, bnt what business is passing is on the same basis of value as ruled prior to the rise being'reported from Sydney. For Tuscan and Hunters or mixed lines, 8s 6d is the ruling price, while pearl may bring Id more. The only sales reported are of 2500' bushels of Tuscan and 800 bushels of Hunters at 3s fid at country stations, though other business has been doneat the same figure. Many of the samples offering are in doubtful condition. Otherwise buying would probably be more free. Christchurch reports that a fair quantity of oats are coming forward,, and finding sale. Lines of 4400 bushels and 800 bushels of Gartous at Is 3d, and 2200 bushels of Duns at Is 2>£d. at country stations,. ’ have changed hands. Dpns are plentiful, but white oats are reported to be offered sparingly. More cocksfoot is now coming forward. Most growers, however, are still disinclined to sell at the prices offered. Buyers Are generally offering 5d for average seed of 121 b and 14lb weight, but or may be paid for extra clean heavy samples. Grain merchants at Timarn state that 10,000 bushels of wheat changed hands at Ss ,7d at country stations.