COMMERCIAL.

Taranaki Daily News, 8 January 1921, Page 2

COMMERCIAL.

ADDINGTON MARKET AN EASING IN VALUES. Christchurch, Jan. 5. At the Addington market to-day there was an average.yarding and an 7 easing, in values on the double market ...preceding Christmas. Lambs receded to about freezing rates, and also ewe mutton, whilst store stock was not in request. Store sheep.—There . was ■an average-, sized yatyUng of P oor quality. The market; .dull, and only, abopt half the yarding was disposed of. Forward 4 and 6-tooth wethers, 27s Id; 4,6, and B’topth. wethers, 21s, 2os 9d; two and four-tooth wethers, 23s 6d; two-tooth halfbred wethers, 17s Gd; fairly forward Down lambs, to 22s 3d; inferior Down lambs, 14s 8d; two-tooth ewes, 15s 3d. to 21s; sound .and failing-mouthed ewes and lambs, 19s Gd (all counted.). Fat Lambs.—There was a yarding of 1500. The market dropped from the fancy rates prevailing at the pre-Christ- ■ mas sale to the extent of about 98,.a head, and values were about freezui& level. Extra prime lambs, 34s to 6d;. prjme lambs, 27s to 32s Id; ihedium lambs, 25s to 26s 9d; lambs, 22s lOd to 24s 9d. • j. Fat Sheep—There was an average yarding of eight races, which, with the big lamb and beef yarding, constituted an over-supply. Prices weakened by about 2s to 2s 6d per head. Pripie wethers, 32s 9d to 375; medium wethqts 28s 6d to 325; light and unfinished wethers, 24s Id; medium ewes, 235. to 28s; light and unfinished ewes, 16s Jjd to 22s Gd. Fat Cattle.—There was a yarding of 330 head. The market was easier, more so for secondary beef. Extra prime steers to £24 10s; prime steers, £2O to £23 ss; medium steers, £l5 to £l9 10s; light and unfinished steers, £ll 5s to £l3 10s; prime cows, £l3 5s to £l6 ss; medium cows, £lO 5s to £l3 2s 6d; ordinary cows, £7 17s to £9 15s; prime heifers, £l3 to £l6 12s 6d; medium heifers, £ll 2s 6d to £l2 17s 6d; light and unfinished heifers, £lO to £ll. Store Cattle.—There was a small entry of poor quality, and a lifeless sale. Good forward steers, to £ll 7s 6d; good forward cows, to £9 2s; cows in calf, £6 2s; vealers, an oversupply, and a dragging sale. Dairy Cattle. —There was a keen demand for cows close to, or in profit. Good third calves in milk, to £22; medium cows, £l4 to £18; good heifers, to £18; inferior and aged cows, £B. Fat Pigs.—There was a slack demand for baconers, but porkers sold well. Choppers, £6 to £8; light baconers, £5 15s to £6 ’10s; extra heavy baconers, £7 (average price per lb B|d to 9d); porkers, £3 15s to £4 ss; heavy porkers, £4 10s to £4 15s (average price per lb 11 Ad to 12d). Store Pigs.—There was a small entry and a good demand, especially for weaners. Best stores. £3 10s to £3 18s; medium stores, £2 18s to £3 8s; small stores, 34s to 425; weaners, 24s to <3os. BURNSIDE STOCK SALE. MARKED DROP IN PRICES. Dunedin, Jan. 5. A feature of the first sale of the year at Burnside was the drop in prices for sheep, lambs, and pigs. There was practically no demand for the latter, and it was the worst sale held at Burnside for some considerable time past, prices showing a reduction of fully £1 per head. The sales lacked spirit throughout, which was mainly due to the fact that butchers have sufficient live supplies of sheep and pigs left over from the last sale before Christmas. There was a fair supply of lambs, and although competition was fairly keen, prices were back fully 7s a head, compared with the extremely high rates which were realised at the previous sale. Store cattle were in good supply, but there was very little demand for this class, and many pens were passed in unsold. Of fat cattle there was a large yarding, a total of 200 head being offered for sale, Many of the pens contained animals of prime quality. The opening of the sale showed an advance of 15s per head as compared with the previous sale, but towards the end prices eased considerably, and were down from 20s to 25s per head, from the commencement of the sale. Prime bullocks brought from £22 to £25 2s 6d; medium, £lB to £2l; light and inferior, £l4 to £l6; prime cows, heifers, £l4 to £l5 10s; medium, £ll to £l3; light and inferior, £8 to £lO. Store Cattle.—There was a large yarding, and many of the animals were in forward condition. Competition was very slack, and young and backward cattle were hard to quit. Prices were back fully 10s per head, and there is every indication that a further reduction will take place as the dry season advances. Several pens were passed in unsold. Sheep—There was a good yarding of 2872 head of fair quality. The yarding comprised mostly medium-weight sheep. Competition was slack, and prices showed an average reduction of about 2s to 3s per head. Prime wethers realised from 40s to 42s 9d; medium, 35s to 395; light and unfinished sorts, from 27s to 30s a head. Very few ewes were forward. One small pen of extra prime heavy-weight ewes realised 45s a head, and others were sold at prices ranging from 30s to 365. Lambs.—There was a fair yarding, numbering 431 head. The quality was not up to the usual standard. Competition for prime lambs was fairly keen. The best realised from 2<)s to 30s, while lighter sorts were disposed of at from 20s to 25s a head. Pigs.—There was a medium yarding of mixed sorts. The demand was very slack, and porkers were sold at a reduction of 10s, baconers from £1 to £1 2s 6d, and stores from 5s a head, as compared with prices which ruled at previous sales.