ADDINGTON MARKET

Press, Volume LXXIII, Issue 22201, 18 September 1937, Page 11

ADDINGTON MARKET

STORE SHEEP EASING OVER-SUPPLY OF BEEF Though it is perhaps a far cry from the London wool rnlcs to the store sheep market at Addington the influence of the former is by no means distant. The report on Wednesday morning that the London sales opened easier caused a steadying up of the activity which was noticeable in the store sheep market the preceding week. There wfcs certainly very little in the penning that could be called attractive, but fairly good two-tooth ewes sold at Is 6d lcr-s than a week ago and very decidedly less than the rates prevailing last autumn. The easing in the skin market was another influence in the more conservative values, and in this respect Thursday's skin sale rather confirmed buyers' ideas, as values then were definitely down. Lighter wethers in the fat pens were affected by the wool cause. Graziers have been buying this class fairly freely at times to carry over for shearing. Strangely enough, however, the slackening market for skins appeared to have no influence on the value of prime heavy sheep, which actually met with a better "market. The needs of the reaail trade have to be met snd secondary consideration given to the skin value, and with the small entry of prime sheep on Wednesday the competition of the butchers was very strong. . The easing in the wool market js somewhat mystifying to observers. The reports continue to state that the "statistical position" is sound. Australian mills are understood to be working overtime, and the textile trade in England is operating at maximum. Wool stocks are down to below normal, and the reported Japanese wool policy is not concerning the trade very much. Tf Japan does not buy New Zealand wool she will have to buy elsewhere, which would only divert other buyers to Empire sources. At the moment Japan has her hands full with other matters, and so the present time, through necessity rather than choice, may be suitable for publicity regarding her non-buying policy. Fat Sheep Though the penning as a whole was not up to standard on Wednesday there were some outstanding pens of fat sheep forward, notably of ewes. A line from A. F. Marr, of Methven. sold at the exceptionally good average of 41s lOd a truck of 51. This was one of the best lines of ewes seen in the yards for a long time. The big proportion of light ewes and wethers sold at an easing of up to about Is 6d a head. The following is a comparison of values at Wedensday's sale with that of the corresponding one last year:—

Fat Cattle The penning of 520 head of fat cattle, of which a good proportion were prime heavy beasts, was a little too much to allow the previous week's values to be maintained. The surplus of big cattle eased back by 2s to 2s 6d per 100'b. with the better heifers and cows also easier, but to a smaller extent. Nevertheless, a fair amount of the best beef made ' not far short of 40s per 1001 b, although the hulk of the serviceable sorts ranged about 37s 6d. The number of the penning showed that there are still quality cattle about if the market is satisfactory.

Se •pt.lfi, 1930. sept., 1936. Wethers— s. s. s. 5. Ex. prime heavy to 43 to 533 Prime heav V 341 to 37 42 to 46 Prime med. ,-wght. 3<">i to 34 3*5 to 40 Ordinary 28 to 30 30 to 35 Light to 27J to 29J EwesEx. prime heavy to 301 to 401 Prime henv V 30 to 33 34 to .18 Prime med ,-wght. 20 to 28 28 to 32 Ordinary 22 to 25 24 to 27 Light to 21J to 23J

Steers- £. £ £ £ Ex. prime heavy to 20 to 22 J Prime heav y 14 to lfij 16 to 171 Prime med. -wght. 12 to 14 14 to 15J Ordinary 9J to 113 101 to 13} Liftht to 94 to 10 HeifersEx. prime to 12? to 14> Prime 9} to 113 101 to 12 Medium 71 to 91 7i to 10 Light to 7 to 7 Cows — Ex. prime to 13J to 14 Prime 8? to 101 83 to 10{ Medium 6£ to 85 63 to 8J Light to 61 to 61