CANTERBURY.

Daily Southern Cross, Volume XXIII, Issue 3209, 29 October 1867, Page 3

CANTERBURY.

There is still a good demand for store cattle, which is attributable principally to the abundance of excellent feed in most of the paddocks. Ordinary mixed mobs are worth from £8 to £10, with an upward tendency. Kecent sales by auction of this class of stock fully indicate the tone of the market. There is a fair inquiry for fat stock, principally for the West Coast. Sales have been made at 50s per 1001b., but the average price cannot he quoted higher than from 45s to 50a. Store wethers are in fair inquiry, but at such prices as will not induce holders to sell. We have heard of some recent transactions at 12s, but there are few lots to be had at that price. From 14s to 15s is now asked, for which figure they are held. Fat wethers are in good demand for local consumption. The demand for the West Coast market is at present fairly supplied from purchases made in the earlier part of the year, many of which are now being lifted. • It is difficult to quote any price for ewes. There is very little demand for the Canterbury market, but a fair inquiry for both ewe 3 and lambs for the South, delivery to be given after shearing. Prices are unsettled. Southern buyers are disposed to underrate the losses in Canterbury flocks from the severe weather towards the end^ of July and beginning of August, and are inclined to believe that there will be a larger proportion for sale than will most probably turn out to be the case. The market for almost all descriptions of horses is bare, and prices have an upward tendency. Few station properties are changing hands, although the demand is up to the average. Buyers from the other colonies and other provinces are indisposed to give the prices asked by those inclined to sell, their opinions being evidently formed from the prices ruliDg in Australia and some of the neighbouring provinces. Several properties which are now in the market would be readily bought up by people located in Canterbury, who are acquainted with their whole working and value, were money more easily obtainable on this class of property. Although it cannot be said that all enterprise has died out, yet there is a very marked disinclination to enter on new transactions Till this feeling is displaced by one actively *nd reasonably speculative, there will be few transactions to rtootd.—Lyttelton Times, October 19.