What's missing here? :

$ cd /usr/pkgsrc/graphics/ImageMagick
$ make
...
/bin/ksh ../libtool --silent --mode=link gcc  -O -I/usr/pkg/include -I/usr/openw
in/include -Wall   -L/usr/pkg/lib -Wl,-R/usr/pkg/lib -L/usr/openwin/lib -Wl,-R/u
sr/openwin/lib -L/usr/openwin/lib -R/usr/openwin/lib -o libMagick.la -rpath /usr
/pkg/lib -no-undefined  -version-info 6:0:0 animate.lo annotate.lo attribute.lo 
blob.lo cache.lo  cache_view.lo color.lo colorspace.lo command.lo composite.lo  
compress.lo constitute.lo decorate.lo delegate.lo deprecate.lo  display.lo drawi
ng_wand.lo effect.lo enhance.lo error.lo fx.lo  gem.lo geometry.lo hashmap.lo im
age.lo list.lo locale.lo log.lo  magic.lo magick.lo magick_wand.lo memory.lo mod
ule.lo  monitor.lo montage.lo paint.lo pixel_wand.lo PreRvIcccm.lo  quantize.lo 
random.lo registry.lo render.lo resize.lo  resource.lo segment.lo semaphore.lo s
hear.lo signature.lo  static.lo stream.lo timer.lo transform.lo type.lo utility.
lo  version.lo widget.lo xwindow.lo   ../coders/libCoders.la ../filters/libFilte
rs.la -ltiff -ljpeg -lpng -lXext -lSM -lICE -lX11 -lsocket -lnsl -lbz2 -lz -lm  
libtool: link: warning: `/usr/pkgsrc/graphics/ImageMagick/work/.buildlin
k/lib/libjpeg.la' seems to be moved
Undefined                       first referenced
 symbol                             in file
__cmpdi2                            ../coders/.libs/libCoders.a(pdb.o)
__floatdidf                         .libs/resource.o
__eprintf                           .libs/animate.o
ld: fatal: Symbol referencing errors. No output written to .libs/libMagick.so.6.
0
*** Error code 1

Stop.
bmake: stopped in /usr/pkgsrc/graphics/ImageMagick/work/ImageMagick-5.5.
7/magick
*** Error code 1

$ ls -l /usr/pkgsrc/graphics/ImageMagick/work/.buildlink/lib/libjpeg.la
-rw-r--r--   1 mlh     other        751 Oct 13 12:49
/usr/pkgsrc/graphics/ImageMagick/work/.buildlink/lib/libjpeg.la