MARKET REPORTS.

Press, Volume L, Issue 8523, 30 June 1893, Page 3

MARKET REPORTS.

LIVE STOCK, ,&c.

The New Zealand Loan and Mercantile Agency Company, Limited, report on the live stock market for the week ending 29th June, 1893, as follows:—At Addington- on 28th inst., the stock penned totalled, viz. :—Sheep 5300, cattle 256, and pigs 279. '■■' Store Sheep—About 2000 were yarded in this class, principally crossbred hoggets. In addition to these there were a few small lines of breeding ewes and crossbred wethers. The attendance was good, but little animation was manifested in the sale, -and owners had to be content with late rates. Good crossbred hoggets brought 10s to 113 9d ; inferior,. 7s to 9s ; crossbred breeding ewes, 18s for a small line of young ewes in good condition ; forward conditioned crossbred wethers, 12s 6d to 15s ; merino ewes in lamb, ss. Fat Lambs—Eutriss are being sent in under this designation still, and if prime— which is rarely the case—meet some competition for export, and bring a consideration more than stores. For those not up, however, store prices only are obtained. We sold lor Mr Marr a line at 13s 6d, and up to 13s lOd was realised. Inferior sorts brought 9s to lis. Fat Sheep—About two-thirds of an average entry,- viz. 3500,. was yarded, and with the exception of a few particularly good lines of heavy sheep below the average quality. In consequence of the light supply and stimulatedjiy-an- enterprising exporter or two, competition was somewhat brisker than last week and prices a trifle better. In the. crossbredV wethers; ■ ~ we had the pleasure of topping the market with sheep from the well - known flocks of Messrs J. Gutin, jun., and J. Marr, both wethers, at- 20s 6d for,-top pens of each lot. _Values ranged viz.:— Prime heavy crossbred wethers 18s 6d to 20s 6d, medium weights 16s 9d to 18s, light ditto 15s to 16s 3d, crossbred ewes 12s to 16s, and merino wethers 9s to 13s 6d, our principal sales being Marx,. 11 crossbred wethers at 203 6d, 10 at 17s 9d ; for Mr J. Gunn, Jan., 7 crossbred wethers at 20s 6d, 16 Wethers and maiden ewes at 18a 4d, 16 at 17s 9d, aged crossbred ewea at 13s 9d ; for a client, 160 crossbred wethers and maiden ewes at 16s 4d; for a Southern client, 30 crossbred.wethers at 20s, 30 at 18s lOd, 27 at lSs, 21 halfbred wethers at 18s 9d ; for a client, 32 mixed crossbreds at 14s lid, 59 merino wethers at 7s; for Messrs Cooper Bros., 25 merino wethers at 12s 7d, 43 at 12s. Fat Cattle—A small and very inferior supply of beef was yarded. The scarcity of this commodity caused spirited competition at the hands of tiie trade, and price 3 which should be very satisfactory to vendors were realised. The bulk of the entry consisted of second rate cows and heifers, which brought £5 10s to £,710s : lair steers brought £7 10s to £7 125.6(1. Store Cattle—The market was a small one, but contained some useful young cattle. Competition was fair, but last week's " booming" prices wore not maintained, though values were nothing to complain of. Two and a half years old brought up to £5 2s 6d, two-year olds to £4 and yearlings to £2 ss, dry cows up to £6. Pigs—Number penned, 279. Porkers and small stores predominated. For these classes the demand" was dull and prices disappointing. Prime baconers were scarce aud sold well.* : District Sales.—At Waikari, on 23rd inst., busiueci was not ou a large scale, although the attendance .was good. We sold the entry of sheep,;cattle and pigs at full market rates. At- Amberley, on 26fch inst., entries of stock were -small, but quite equal to the demand; Owners' reserves not being reached, a large'• proportion of the entries were withdrawn. At Rangiora, on 27th inst., the same remarks apply as regards sheep... The fact of our factories being closed and feed bciag scarce accounts therefor. We had a full yardiug of pigs of all classes,, which we cleared ; at good values. District Sales— At the rinwald Yards on Tuesday, June 27th, there was an average entry of stock- sent forwerd for the day' 3 market, including several Hues of good sheep of all classes, and-we are pleased to note that buyers gave crossbred ewes in lamb and crossbred lambs more attention, nearly ev*ry line being cleared at advanced rates. About 4856 sheep and 12 head of cattle were yarded, and were sold at the following prices:—Merino wethers to 7s 9d to 9s 9d; crossbred lambs, 93 3d, 10s 9d, 113 3d to 12s 6d; crossbred ewes, in lamb, 12s to 14s Id and 15s 6d ; merino ewes, 6a to 6s 7d ; forward crossbred two-tooths, 13s 3d, 13s 9d, 14s 7d, 15s 6d to 18s 6d. Our sales were as follows :—ll merino wethers at 9s 9d, 42 crossbred lambs 9s 9d, 205 three-quarter-bred lambs 12s 6d, 250 Crossbred two-tooths 14s 7d, 288 crossbred ewes in lamb at 14s Id. During the week we have sold privately 50 head mixed cattle at £510s per bead. Skin Sale —On Friday last, June 23rd, we held cur regularly fortnightly skin sale. There was a fair attendance of buyers and prices realised were as follows :—Butchers' merino, 2s 9d to 3s 3d j butchers' crossbred, 3s to 3s sd; farmers' merino, Is 6d to 2s 3d; farmers' crossbred, Is 9d to 2s 6d. Messrs Miles and Co., Limited, (per F. A. Archer) report on the live stock market for the week ending Thursday, June 29th, as follows • — Canterbury Saleyards,- Addington, Wednesday, June 28th, The eutry for the day's sale comprised 5309-sheep, 256 cattle, and 279 pigs. Fat Sheep—A moderate yarding, with a few lines of prime freezing sheep, which sold at prices which were'decidedly an improvement on last week's. Merino wethers, of which there have been a large number coming forward for the last few weeks, were represented by a few lines of prime sheep, which sold at prices considerably in advance of late quotations. Ewes and second quality mutton sold on a par with last week. Store Sheep—A smaller number than usual came forward for sale, most of the entries being crossbred lambs and twotooths in forward condition, with a few lines of ewes (iv lamb). ." For two-tooths and ewes there was a good demand. Lambs were more difficult to place, and several lines were passed out unsold. Fat Cattle —An average entry, containing only a few beasts of prune quality, for which there was a good demand, aad realised

priess equal to those of late sales, steers selling up to £7 12s, heifers to £7 10s, cows to £7 10s. Store Cattle—A small entry, consisting chiefly of cows and young cattle, for which there was a better demand than at late auctions. Calves sold up to 20a, yearlings to £2 4s, heifers to £4 12s, cows from £3 to £9. Pigs—The eutry, though not so large as at Jatc sales, was of prime quality, for which there was a ready sale. Baconers sold up to 595, porkers to 335. Skins, Fat, &c.—We held our weekly sale of skins, &c, on Thursday, when we submitted a good catalogue to a full attendance of the trade. In view of the depressed state of the London wool market, competition was not so keen, and prices show a reduction. We sold butchers' crossbreds up to 4s 9d, and merinos to 2s lid, these being for large lines and not picked skins; conntry skins at fuil rates; prices of hides unaltered.

Messrs Pvne and Co. report for the week ending Thursday, June29th:—The total entry of stock at Addington. comprised 5500 sheep, 256 cattle and 279 pigs. Although the eutry of store sheep was a small one, it soon became apparent tbat the supply exceeded the demand. Competition was, in fact, extremely dull, and the major portion of the entry failed to change hands. A line of forward crossbred wethers sold at 15s, and a few pens of hoggets at 7s 6d to lis 9d. An average entry of fat sheep included more prime quality and fewer merinos than there were in last week's market, and, although the demand for export was limited, the local trade purchased freely, and prices were firmer. Prime crossbred wethers "sold at from 18s to 19s 6d, lighter weights from 15s 6d to 17s 6d, merino wethers from 9« to 13s 6d. Crossbred ewes from 12s to 15s 6d. Fat cattle were again in small supply, and with the exception of a few extra-heavy steers, which were sold privately, the entry was made up of lightweight?. Although the demand was not quite so keen as last week there was no drop iv prices, and beef may be quoted at 23« per 1001b. The store cattle pens only held odd lots, but anything useful was snapped up at extreme prices. The entry of pigs consisted chiefly of porkers, which sold at a drop on last week's prices, but baconers, being in small supply, sold well. At Rangiora, oa Tuesday la9t, there was a slightly larger entry of stock. The demand for sheep was, however, 1 weak. We sold 430 aged merino ewes in lamb at 4s lOd to ss, six-tooth merino ewes in lamb at 9s 4d, halfbred wethers at 16s, hoggets at 8a to 103 4d, a line of 30 yearling cattle at 28s to 445. Privately during the week we have sold 500 freezers and 1250 forward wethers.

Messrs Bowman and Son report that pending the re-opening of the Belfast Freezing Works, added to the depressing intelligence from England with regard to the frozen meat trade, business in the stock department is somewhat stagnant. During the past fortnight they have, however, placed privately a number of breeding ewes, chiefly crossbreds, at satisfactory prices ; one line of 1400 two and fourtooths fresh from Bauks' Peuinsula being especially well cleared, others in proportion to quality. The demand for merino owes has fallen off, aud they have -several still ou hand at reasonable rates. The demand for good sorts of crossbred lambs has been phenomenal, and thoy have .been unable to supply all desirous buyers. The- demand has been increased owing to the want of this class in the Amuri and Cheviot dis : tricts, and still continues. They have had. several inquiries from this and the North Island for young, cattle, but the prices demanded here prevent business being done, as feed remains plentiful and vendors prefer to hold. The;beef market is active, the price now obtained being higher than it has obtained during the past three years. Business in the mercantile department has been very satisfactory. Bowman and Son have held several very successful clearing sales, both of household furniture and merchandise, when clearances have been effected at fail* rates. In the property department there is a satisfactory return. A good demand exists for small farms. Suburban properties at reasonable, rates are quickly turned over;; and provided fictitious values are not placed' on them farms of from 200 to 500 acres are easily disposed of.