STOCK NOTES.

Otautau Standard and Wallace County Chronicle, Volume I, Issue 11, 12 July 1905, Page 3

STOCK NOTES.

JUNE 1905,

Although sheep sales, either at auction or privately, have been somewhat limited as to numbers during this month, those that have taken place go far to indicate that graziers need no longer have any cause to fear a fall m prices. Fat sheep and lambs, which hitherto have been sold at highly satisfactory prices, have further advanced m value during the month, and, owing to the heavy drafts that have been purchased for the northern freezing works, there is strong reason to hope that the demand will still further increase as the time goes on ; while stores, particularly hoggets arid ewes m lamb, have risen sympathetically at from Is to 2s above May rates. Every line for sale is snapped up eagerly, and as readily sold at a profit, whi c dealers are m many instances accumulating big lines and putting them on feed, anticipating, apparently with good reason, a handso ne profit m the early spring. Therefore, m the writer's opinion, those who are understocked would cjowelbnot to be dismayed by the High prices ruling, but buy while they can and thus reqp the benefit of their feed, for, assured^, sheep ol all kinds — especially young stockwill advance to almost prohibitive prices whan the grass comes. This is made all the more probable by the Utest cabled advices from Home respecting the wool market, which report a still further advance m crossbred wool of 10 per cent, This

is most welcome news and is likety to be improved upon. It is what we were waiting for, and, more than anything else, will tend to harden the price of sheep; The cat'le market, we regret to saj', is by no means reassuring, although thei c is a little light ahead for holders of some classes, more particularly prime bullocks, which are very scarce and likely, to remain so until cattle conic off the turnips, for competition is|keen both m Inver- \ cargill, for the *trade, and from Dunedin, where already several fine lines have found tlieir way. There is also some cndjiiiVy for well-bred young cattle at ah advance on late rates, and dairy cp^'s will be m increasing demand" 1 '- '-as time goes op. There is also goocf enquiry for forward bullocks. CUKRENT PRICES. Sheep— Fat wethers 20s to 23s ; fat ewes 14s to -20s ; fat lambs 17s to 23s ; breeding ewes (young) 22s to 265; sound 18svvto 225; old 9> to 1 5s ; hoggets, gbpd, 15s to 17s ; medium 12s to lis. Cattle— Fat bullocks 20s to 22 s 6d per lOOlbs ; fat cows and heifers 17s to 20s per «00lbs; forward bullocks (for turniping) £6 to £6 10s; store bullocks^ 2 and Shears, £3 10 * to 64 10- ; yearlings 25s ;to 455 ; calves 7s Gd to 20si