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THE WOOL SALE.

THE CHRISTCHURCH MARKETS. CHRISTCHURCH, May 11.

DUNEDIN MARKETS. WHOLESALE PRODUCE REPORTS

OAMARU GRAIN AND PRODUCE MARKET. .

GRAIN AND PRODUCE MARKET

COUNTRY SALES.

DUNEDIN HORSE SALEYARDS.

OTAGO FARMERS' HORSE BAZAAR.

PROPERTY SALES.

(Fkom Ouk Owh Corhespondent.) 13.

LONDON, May 8 The wool sales opened strong, prices ranging Jroin par to 7£ per -pnt advance

May 9.

At the wool aales Messrs Buxton, Ronald, and Co., Balme and Co., and Jacomb and Son offered 9446 bales, including 7028 bales of New Zealand. There was a crowded attendance from all parts and keen competition, the Yorkshire manufacturers operating freely. Compared with the closing rates for March sales, medium and coarse crossbreds were from par to 5 per cent, higher.

Tlie- wool sitles continue animated. Opening prices are fully maintained. May 10 The wool market is brisk. Everything is selling at full prices, with an upward tendency

Stylish classes, suitable for the American trade, are unchanged from prices ruling at March sales Everything else shows from sto 7£ per cent, advance. The fleece portion of the Redcastle clip sold at 13|d to 13idr Auckland, 14a.

Mav.ll

At the London wool sales the following were the average prices for the fleece portions of the following clips: — GeaV, 13d Otari, 13|d; Canterbury, 13i|d; Woodbank, 14£ d; Springvale. 14$ d.

There is a strong sale, and all sorts are hardening

Bradford vrool •. The high prices are checking business. Forties, 18Jd ; forty - sixes, 20d ; common sixties, 27id ; super , 28Ad.

May 13.

At tha wool sale* prices were maintained, and were possibly a little high«f. The amount catalogued to date is 49,646 " bales ; and sold 47,912. The Glendhu clip realised 12^ d ; Moeraki, 14 Ad Westbourne, 14|d.

The Natipnal Mortgage and Agency Company is in receipt of the following cable advice from its London office: — "Wool sales opened at an average advance of 7£ pet cent, crossbred, eoa^-^e descriptions. Others firm. ' The New Zealand ioan and Mercantile Agency Company is in receipt of the fol' lowing cable advice from its London office regarding the opening of the current series of wool sales :—": — " The market opened strong for all sorts of wool. As composed with^

last sales' closing rates, prices are higher for the following . —Fine crossbred^ and merino by about par to 5 per cent., coaree and medium crossbred by about 5 to 7£ per cent."

The Department of Industries and Commerce reoeived the following cable from the High Commissioner, dated London, Bth: — " The May wool 6ales have commenced. There is great competition, • and good demand for all descriptions. Pricee arc advancing. Merinoes and fine crossbreds advanced £d : medium ooarse crossbreds, all grades, jd. The manufacturers are busy; in want of supplies."

THE MEAT MARKET. NAPIER, May 10.

The C. C. and D. Company has received the .following cable from its- London, office : — "■ -" The frozen meat market is very depressed, owing to the large quantities arriving and ibose afloat. There is a. general decline in ■/alues.;-. Mutton: Canterbury, '4Jd; Napier, Wellington, and North Island, 3Jd. Lamb: First quality, 4£d; second, 4|d. Beef: Hinds, J|d; fores, 2|d."

-" SOUTHLAND GRAIN TRAFFIC. INVEBCAEGILL, May 14

The grain traffic 'on the Southland railways )s extremely light, owing to the backward season this year. Only 37,270 sacks have been

■Jarried, against 134,376 to the same date last yeax. A lar;se amount of crop is still uncut,

and is much ruined owing to continuous rain. For superior samples of oats 2s 2d per bushel on trucks was given on Saturday.

THE HIGH COMMISSIONER'S CABLEGRAM.

WELLINGTON, May U

The Industries and Commerce Department has received the following cable from the High Commissioner, dated London, May 12- — The mutton market is dull. Trade in all classes is very slow. The prices for bar'ey have been maintained. • The average price for Canterbury mutton to-day is 4d per Ib. Light v eights, North Island mutton, are quoted at 3JJ for best quality ; 3UI for second-cla,ss lots. The latnV market is steady, there being a good demand for all classes. The average price for Canterbury brands is 4£d. Other than Canterbury brands are quoted at 4gd. The beef market is dull, there being scarcely any demand. The average prices are 3£d and 2J for hind and forequarters respective'y. The butter market is steady, the demand being gtod. Moderate supplies are coming forward. The average price for choice New Zealand is lOis, and for Danish. 105 a per c\vt. The cheese market is quiet, but the holders are firm. The average price for white makes is 60s per cwt. There is a less demand /or coloured, which is quoted at 62s per cwt. The demand for hemp is better, and the average price for G.F.A.Q., "Wellington, on Bpot, to-day is £31 10s. The April and June shipments are quoted at £30 per ton. There a/d lew mq,uiries made for cocltgfoot ge§d.

Speculative buyers' average price 'or new crop is 475, and for bright, clean, dressed se6u 48s per cwt. The demand is good for all descriptions of wool.

The local wheatmarket is quiet, for, while millers and merchants are ready to take any lots offered within their limits of price, they are not making much inquiry. Apparently millers stocked up pretty heavily a short time back. The tone of the market is firm, however, as growers are not inclined to sell unless they get their own price, and few sales are, therefore, taking place. Two lines of prime Tuscan — one of 750 and the other of 500 bcshels — have been purchased at handy stations at 3s 2d, and a line of 8000 bushels of good pearl at 3Sj also at a country station.

Oats are very firm, and with pler-ty of inquiry, but offerings are very limited. A grade Gartons have been bought at Is lid, and B grade at Is lOd (at country stations). In sympathy with oats chaff is somewhat firmer, and 55s to 57s 6d is offered for prime quality. The pota/to market is rather weaker, principally in consequence of the reported arrival of a large consignment from Melbourne 1-y the Warrimoo for distribution at Dnnedin, Wellington, and other ports. Advice has also been received from Auckland that Australian potatoes caa be obtained of better quality than from the South Island. The arrival of Australian potntoes has lessened 'the demand for phijyftejit, thovfih iocjUlj prices Jiave not

yet been much affected. Onions are easier, as the demand from the north has fallen off. i

Mr J. Flemins. Princes street south, reports under date the 15th inst. :—: —

N«w onions, 9s per cwt. Kidney potatoes, £1110? per ton. Oainaru potatoes, £1110s per ton. Market; bar»s of good eating potato eF. Carrots, £-2 lOs to £-115s per ton. Swede turnirs, £1 10s rev ton. FARM AND DAIRY PRODUCE. Messrs Irvine and Stevenson, Georga street, report -payiDg for produce during the weekendicß the 15th inst. as follows :— Bacon (roll), 7Jd per lb' I Fresh butter, Pd to Ham, 7-Jd per lb I ll£d per lb Fresh eggs. Is lOd dcz | Salt butter; not buying Fresh butter, good ordinary (in lib «nd prints). 8d to 9d per lb. Pigs, 1301b to l£olb, 3JJ.

OAMARU, May The wheat market is still very firm, and sales have been made at an advance of Id. on the prices paid a week ago. There is a steady inquiry, but holders are not willing to quit very much wheat at the present rates, and for the most part sales have been confined to small parcels. One lino of 3500 sacks of velvet and red chaff changed ha,nds at full rates. Tuscan is in great request, and sales have been made at 3s 3d and 3s 4d, at country sidings, less commission, while in one case a holder refused an advance ou these figme-s. Velvet has been placed at 3 2d and 3s 3d, and red chaff, which appears to be rather scarce, at the same rates. Seconds wheat has changed hands at 2s 7d to 2s 9d. Oats have advanced even more in value, but' farmers are still holding, and are watching the result of harvest operations in Southland with a good deal of interest. Business has been restricted to small lots, Gartons realised from Is lOd to 2s at siding., less commission, according to quality and length of rail. Danish are quoted at Is lOd and Is lid. and in both cases Id more has been paid for seed samples. Duus are-.^xcoedingly scarce. Interest ha 9 been added^to transactions in potatoes by the landing of about 220 sacks of Tasmanians by the Poherua on Saturday. These, it is understood, aie imported for seed purp.oses, and there is likely to be a good inquiry for them. Derwents have been sold at £10 at farmers' siding, and at £10 10s to £10 15s. f.o.b TJp-to-dates are becoming scarce, and "have hardened in value, sales having been made at £10 10s at siding, and- up to £12 f.0.b., for shipment north.

Messrs Da!gety and Co. report as*follows: — We .held our weekly sale of grain, etc., at our stores on Monday. There was a large attendance of buyers, to whom we offered a representative catalogue of grain and produce. Competition throughout was good, and, withfew exceptions^ the whole of our" catalogue - wan quitted at full market rates. Prices ruling are as under: — Oats.—The market is still firm, but the quantity of oats so far offered is exceedingly small. Prime milling and A grade quality is scarce, as the bulk of the. southern crop is very much discoloured. There is a good demand for feed oats for local consumption, while the inquiry for coastal shipment is also good, but merchants' stocks at present are so small that they either refuse to quote or are unab'.e to execute orders of any size. Quotations: Prime milling. 2s 3d to 2s 4d; good to best feed. 2s Id to 2s 2d;» inferior and medium. Is lid to 2s per bushel (sacks extra). Wheat.—There is a fair business passing !in p-rime milling quality. Good Tuscan is j most in demand, and during the past week ' several lines were sold at an advance on late rates. Medium milling is now more readily placed. Fowl wheat is inquired for. and sells readily at quotations eitheT for local conßumption or shipment. Quotations: Prime milling Tuscan. 3s 5d to 3s 6d; prime milling velvet and red chaff. 3s 3d to 3s sd; medium milling, 3s Id to 3s 2d; best fowl wheat. 2s lid to 3s; I broken and damaged, 2s 8d to 2s lOd per bushel I (sacks extra). | Potatoes.—Supplies to hand for the past . week have been sufficient for requirements. ' Choice lots of Derwents and white sorts now sell more readily, but medium lots are slow of sale, and the bulk of consignments coming to hand at present show signß of blight. Quotations: Seed lots, £12; prime Derwents and white sorts, £11 to £11 10s; others do, £8 to , £9. ' Chaff.—Moderate consignments came forward last week. Prime oaten sheaf is not over . plentiful, and has improved slightly in value, j Medium -and discoloured chaff is practically unchanged. Quotations: Prirw «aten sheaf, £3 10s to £3 15s; extra. £3 17s 6d; medium, £3 io £3 7s 6d per ton (bags extra). Messrs Donald Reid and Co. report:—We held our weekly auction sale of grain and produce at our stores on Monday, when we submitted a catalogue that was well received by a good attendance of buyers. Prices for nearly all lines on offer were fully maintained. Values ruled as under: — -* Oats.—The continued bad weather has interfered considerably with threshing operations, and in consequence only limited con- | signments have been coming forward. In • most cases these have been readily taken up for local use, at prices in advance of shippers' limits. All sorts are in good demand at quotation?. Best feed and milling. 2s 3d to 2s 4d; medium to good, 2s to Is Id per bushel (sacks extra). Wheat.—During the ppst week deliveries' have been lighter than usual, and all lines coming forward have been readily quitted at a slight advance on late values. Good to prime milling lines are- in strong demand, while, sound, whole fowl wheat has good inquiry both locally and for export. Quotations: Prime nulling, 3s 4d to 3s sd; medium to good, 3s lJd to 3s 3d; best whole fowl wheat, 3s to 3s Id; broken and damaged, 2s 9d to 2s lid per bushel (sacks extra). Potatoes.—Supplies have not been excessive, ■ and late values for all sorts are more than ! maintained. Choice seed lines a-re particularly ; favoured, but all kinds, sound and free from i blight, are readily saleable. Quotations: | Best table sorts (Derwents and Up-to-d&tes), £11 to £11 10s; choice seed lines, to £12; medium to good, £10 to £10 10s; others, £8 to £9 10s per ton (sacks included). Chaff.—The demand is still confined almost entirely to prime oaten sheaf, which continues \q fjnd resuTg gak on arrivaL M_ediuiji au,d iv-

different samples are not readily dealt withi [ The market, is only moderately supplied, and; stocks in local stores are becoming reduced. .Quotations: Best oat-en sheaf, £3 10s t<y £S 15s; choice, to £3 17s 6d; medium to good, £3 to £3 7s 6d per ton (bags extra). Pressed straw. —Quotations: Oaten, £2 2s 64 to £2 ss; wkeaten, £1 17s 6d to £2 per ton. i - ■ ! I 1 I

Messrs Dalgety and Co. (Ltd.) report having held their fortnightly sale at the Corporation. Yards Balolutha, on Friday, 4th inst. There ■was a fair yaj-'ding of both sheep" and cattle, and although the prices for the latter were anything but satisfactory, a fair clearance was made. The bulk of the entry of sheep was comprised of well-grown lambs, for which! there was a good demand, and the' prices! realised were satisfactory. Old ewes, on tho j other hand, were difficult to quit except at | low prices. Their yarding consisted of 613 sheep, I 52 head of cattle, 2 horses, and sundries. The range of prices was as follows:—Well-gro-wn, j lambs, 10s 9d to lla Gd; backward and small I 8s 6d to 9s; fat ewes, 15s 6d to 38s; two-yeax-1 old steers (fat). £3 10s to £1 ss; breeding cows, £2 10s to £3; dairy cows, £3 10s to JE6 l'2s Cd; j aged horses, to £25. Their sales were on account'^ of Messrs TV. J. Keys (Toiro). 216 lambs, 11s Gd to 10s 9d; R. F. Smaill (Inchclutht), 31 " lambs, 11s Id: Thomas Jones (Olydevale), 121 lambs to 9s;' David Murray (Warepa), 100 lambs at 11s 3d 15 ewes to ISs; R. Shields (Romahaxa), 2 bullocks at £3 16s, 2 steers atJ 53.; J. Roberts (Inchclutha), i.^teers to £4 ss; D. Murray (Warepa), 40 cows t^ £3 ;■ ether clients, 5 powa at quotations.—^Th« same firm also report having held their monthly sale at PaJmerston on Monday, 7th inst'., when they, yarded -960 sheep and 67 head of cattle. The * demand for sheep was slow, but, notwithsf.and- - r ing, "the prices obtained were up to tltoso ruling in other markets, .and the bulk of tho entry was cleared. Cattle were difficult to quit except at.low prices. The.range ofvalu«a w*a as follows:—Fat wethers, 17s to 19s 6d; store do (email), 9s 5d to 12s; store lambs ' (backward), 9s to 10s; aged ewes" 9s to 103 2d; three-year-old steers, £3 15s to £A ss; aged: cows. £2 to £3 ss; dairy cows (spring culvers), £Z 17s 6cl to £4 ss; yearlings and calves, 15s to £2. Their sales wexe on account of the following vendors: —Mes«rs Philip Bros. (Bunback). 268 crossbred ewes nt 10s 2d; Mr W. M'Culloch (Dunback), 26 wethers at 153 3d; Mr James Carnegy, 31 wethers at 19s 6d; Mrs Bayly (Green Valley), 175 wethers et 9s Sd to 12a, 306 Jambs to 9s; Mr M. J. Lister, 122 lambs et 10a; E. Stringer (Flag Swamp), 5 ! ateera at £2 3s, 6 cows at £3 5s .to £4 7s Gd 14 cnlves at 7s 6d; Mr Jaias,* Duncan (\\&ikouaiti), 4 heifers at £3 7a 6d to £3 15s, 5 steers I at £4 3s; Mr Jumes Brown (Palmerston), 2 cows at £3 6s to £2 Ss, 1 calf at 20s; Mr James Craig, jun. (Hampden), 2 cows at £2 lfe, L bull at £4; Mr John Brown (Goodwood), 3 ' cows at £4 2s 6d to £4 12s 6d, 12 calveo at 200..

Messrs Wright, Stephe'nson, and Co. (Lid.) report as f&llows:— As is usual on a race «ay, . there was only a small entry of horses for*met for last Saturday's sale, the major portion of the lot consisting of medium harness Eorts. There was not a large attendance of buyers, due no doubt to the trots being on, and also that nothing special was advertised; consei quentlv the amount of business transacted I'was'limited. Two rather rice spring-carters found new owners at £30 and £35 respectively, ' and several light-harness sorts at from £15 to £18. The demand for young sound ljeavy draughts continues good, and any such coming forward meet ,a ready sale. Useful plough mares and geldings, also strong harness horses are scafte, _, and command fuil rates. TVe are now taking entries- for our annual winter fair, which takes place on Thursday and Friday, 7th and Bth June. We , quote: Superior young draught geldings at from £50 to £55; extra good do (prize horses), £56 to £65; superior young draught mares, £60 to £73; medium draught mares and geldings, £30 to £45; aged do, £17 to £30; upI standing carriage horses, £25 to £35; wellI matched carriage pairs, £80 to £100; strong spring-van horses, £25 to £35; milk-cart -and! butchers' order-cart horses,' £20 to £28; light hacks, £10 to £18; extra good hacks, £20 to £30; weedy and aged Jnacks and harness horses, £5 to £8. £;

The Otago Farmers' Co-operative Association of New Zealand (Ltd.) report:—We held 1 our usual weekly horse sale at our bazaar, adjoining wofij and grain stores, Crawford and! Vogel streets, on Saturday. We had a good all-round entry, totalling 38 heavy and medium, draughts, light harness and hackney horses. Consignments came from The Lakes, Lovell's Flat, Taieri, Purakanui, and Peninsula. The attendance was not large, and buyers were limited. The North Island consignment, although nice active young sorts, suitable for light-van and spring-cart work, and all three to five years old, did not meet with great success, and a few of them are now for private sale. The provincial consignments were , almost equally unsuccessful, only a limited! number changing hands, the auction being one of the slowest we have experienced for some time. No doubt the bulk of intending buyers are hanging back for the winter sale en( the 7th and Bth June, for which entries are coming in freely, and we anticipate a good muster of buyerfe, including beveral from the northern provinces. We quote: Heavy cart mares and geldings, £50 to £55; van horses. £40 to £30; lorry geldings and mares, £42 to £48; plough marcs and geldings (suitable for . four-horso teams), £38 to £45; spring-carter 1. £25 to £30; order-carters, £20 to £27; buggy geldings (quiet and sound), £18 to £30; buggy, pairs, £50 to i6O; carriage pairs, £85 to £100.

Messrs Wright. Stephenson. and Co. (Ltd.) report having sold, at a satisfactory price, on account of Mr David Muir (Green Valley), hi* Oakhill farm, containing 300 acres agricultural land, divided into six paddocks. Builddnga consist of dwelling-house, barn, stable, dip, etc. The buyer is Mr Arthur 'Rollins (late of Moonlight).

Whear per bushel. ■ perton Best milling 3/2-3/4 Bailey oust ... 110/0 Medium do 3/1 Oatmeal, in 25's 249,0 Fowls' ... 2/10—3/0 Oateu chaff CO/0— 72/5 Milling oats ... 2/4 Ryegrass hay 60.0— 75/0 Feed oats ?/[— 2/3 Straw ... 35/0-40/0 Malt barley 3/6—4/0 Pearl barley .. 270/0 Feed barley 2/K— 3/0 Onions 9/0 cvrt Cape barley 3/6—4/0 , per IIMaize 50 i Rolled bacon ..'. 6Ji per ton. ' Side bacon ... 6£d Flour, in 200's ... ]SO/O Smoked hams 7Jd— Bl Flour, in 50's ... 190/0 Cheese .„ 5Jd— 5Jd Pollard 100/0 Good salt butter. 7Jd to Bran 75/0 SJd. according to I quality

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19060516.2.82

Bibliographic details

Otago Witness, Issue 2722, 16 May 1906, Page 21

Word Count
3,334

THE WOOL SALE. THE CHRISTCHURCH MARKETS. CHRISTCHURCH, May 11. DUNEDIN MARKETS. WHOLESALE PRODUCE REPORTS OAMARU GRAIN AND PRODUCE MARKET. . GRAIN AND PRODUCE MARKET COUNTRY SALES. DUNEDIN HORSE SALEYARDS. OTAGO FARMERS' HORSE BAZAAR. PROPERTY SALES. Otago Witness, Issue 2722, 16 May 1906, Page 21

THE WOOL SALE. THE CHRISTCHURCH MARKETS. CHRISTCHURCH, May 11. DUNEDIN MARKETS. WHOLESALE PRODUCE REPORTS OAMARU GRAIN AND PRODUCE MARKET. . GRAIN AND PRODUCE MARKET COUNTRY SALES. DUNEDIN HORSE SALEYARDS. OTAGO FARMERS' HORSE BAZAAR. PROPERTY SALES. Otago Witness, Issue 2722, 16 May 1906, Page 21