COMMERCIAL.

Mataura Ensign, Issue 1412, 17 November 1904, Page 2

COMMERCIAL.

GORE COMMERCIAL REVIEW. Ensign Office, Thursday, November 17, GRAIN, ETC. Oats.—Very little offering. B grade are being purchased at Is 2jd net to farmers ; C grade Is Id, and inferior feed oats Is. There is some demand for A grade Cartons at Is 5d per bushel at sidings, but merchants can fmd none of this quality available in Southland. Chaff.—Prime quality is bringing £2 12s Gd at sidings, and medium . £2 7s Gd to £2 10s. Wheat.—The market is stationary, I and at present there is little of this grain offering in Southland. Fowl wheat still commands 3s,to 'is Id per bushel delivered in Dunedin. Potatoes.—Oainaru Derivonls have taken a decided rise ,during ihe past week, and now cost 5Gs to COs per ton wholesale delivered on trucks, Gore. The local maiket is not well supplied and farmers with potatoes for sale could find a ready nutlet in Gore were they to deliver right vvway. Ryegrass—Stocks held arc limited, and good heavy seed is still selling up to 4s 9d per bushel, while light, muehinc dressed seed can be procured as low as 3s 8d per bushel. CATTLE. Sheep.—Good crossbred hoggets in the wool easily command ISs to I9s, and medium liogjglets up to 17s (id. Well-conditioned hoggets out of wool have been sold at 15s lid. Fat wethers are sought after at from 22s to 2ys. Forward sales of good young ewes with 100 per cent, lambs are being made up at 2s) (id, all counted. Cattle.—Good heavy bullocks are offering at £9 10s ; fat heifers,, £7 to £7 ss; forward well-giown heifers and steers, £5 to £5 7s M ; yearlings, £2 10s to £3. A great quantity of cattle is offering from all parts of Southland, but hi the absence of buyers it is difficult to see that present prices can be maintained.

AUSTRALIAN MARKETS. SYDNEY. November 17. Wheat, chick, 2s 4d to 3s Id per bushel ; milling, new, 3s Id ; old, 3s Gd. Flour, £8 15s to £9 per ton; Manitoba,'£l3 10s. Oats, Tasmanian feeding, 2s to 2s 5d ; Algerian, Is M to Is 9d ; local Algerian, Is 7d to Is Sd. Barley, (V 3d ; English, 2s to',2s lib Maize,, 2V7d to 2s Sd. Bran, GUI. Pollard, 7-Jd. Potatoes, £4 10s to £s'per ton ; _ local, £5 10s to £G. Onions, Victorian, £5 15s to £G. Butler, SAd. Cheese, 4d to s;d. Bacon. s>d to Gd. MELBOURNE, November IG. Wheat. 3s 2d to 3s del. Flour, £8 to £8 10s. Oats, prime willing,, Algerian, Is lid. Barley, malting, 3s Id to 3.s lid. Maize, 3s 2d. Bran and pollard, 7-Jd. Potatoes, £2 12s Od'to £2 15s. Onions, prime, £4 10s. ADELAIDE, November 10. Wheat, dull, 3s 2d fo;3s id. Flour, £8 5s to £8 10s. Bran and pollard, Sid. THE WOOL MARKET. The Department of Industries" and Commerce has received the following cablegram from the Agent-General, dated London, November 15th :—'lhe wooL market is linn, with a hardening tendency. Next London sales will commence on the ,22nd, when 79,000 bales will be offered, including 10.000 from New Zealand, as against 32,000 offered at the some sale last year. There is a heavv demand in the market for all grades of coarse erossbreds caused by immediate requirements for armv contracts at home and abroad. Manufacturers' stocks of wool are small, and the present supply falls short of the demand. Present estimates of average values of wool are as follows :—Fine ernssbreds. all grades, Is O.UI ; medium, 11 Vd ; coarse, IO.Jd ; superior merino, Is O.Ul; medium, llid ; inferior, !>.]d.

BURNS! IVB MARKET. Fat Cattle—ls3 yarded, mostly good to prime The demand was rood and prices bettor than last week's, lk'st bullocks. £ll to .til 15s ; medium, £!) 10s to £lO 10s ; light, £8 to £9 2s fid ; best heifers, £7 15s to £0 ; extra prime, up to show standard, £l2 7s lid ; medium, ;Ch 10s to £7 10s ; light, £1 15s to £5 15s. Fat Sheep.— 221!) penned, mostly wethers. Bidding was slack at tho beginning but towards the end became lively, and prices were 2s above last week's. A line of prime, merino wethers in the wool realised 20s to 2-ls 3d : best crossbred wethers in the wool 26s' Od to 2Ss 3d—«xtra prime up to 335; good, 25s 3d to 2(id od ; medium, 23s lid to 21s !>d; light, 21s 2d to 22s Od ; medium. 22s fid to 21s ; light, 20s to 22s fid ; test' ewes, in the wool, 25s to 20s (id ; medium, 22s 0d to 21s ; light, 20s to 22s ; best wethers, shorn, 20s (id to 225; medium, ISi Od'to 20s ; light, His (id to ISs ; best ewes, shorn. I'Js to 20s ; medium, 16s (id to 17s Od; light, lis to 15s. Fut Lambs—l(ss penned to ft good demand. Prices were quite Is. Gd to 2s better than last week. Best, Us Od to 15s !)d—extra prime, 17s ; medium, 13s 3d .to Ms 3d; light, lis (id to 12s i)d. Pigs.-231 forward. Ml sorts realised better prices. Suckers, 12s to 15s; slips, llis to 10s ; stores, 20s to 24s Od ; porkers, 25s to 31s ; light baeoners, 38s to lis ; heavy do, -lus to 58s Od.

ADDtNGTON MARKETS. There having been no sale last week supplies were good. Fat Cattle.—l7l head yarded, a fair proportion prime beef, Two prize North Island bullocks brought £lO to £ls 5s ; a very heavy steer from Lincoln College, £ls; and prize-takers at liang'iora, £l2 to £l3. Other steers brought £7 12s tkl to £U ; heifers, £,5 IDs to £0 17s Od ; cows, £5 5s to £8 10s. Fat Sheep.—A good entry, about equal proportions shorn and in the wool. The sale went well at the rates current before the holidays. Fat Lambs—3oo penned to good competition from, butchers, an occasion al pen being taken by exporters for whom present prices are .still too high, though Jsifo 2s lower than at the previous sale. Prime made 10s to 19s ; others, Us to 15s Od. Store Sheep.—A small entry, which sold well. Shorn 4-lootli wethers brought 15s (id; half-bred do wethers in the wool. 21s 2d; shorn hoggets, Ids lSd and His, Id : aged ewes, in the wool, and lambs, 13s lOd to 10s. Pigs.—A large entry met a spirited demand at advanced rales. Baeoners, 45s .to 595, equal to 4Ad to 5d per lb; porkers, 32s to 40s—5Jd to (id ; large stores, 25s to 325; medium, 17s.

INVEUCARUiLL STOCK SALIS. The Invercargill Stock Agent report that tlliero was only u medium entry of fat cattle, very lew being prime quality. These sold on a par with the previous sale, but unfinished sorts were hard to quit at vendors' ideas. Fat sheep were well represented ; a large proportion, however, were sold privately before the sale consequently butchers that were not supplied were satisfied early Jin the sale, and the latter pens dragged considerably. The store cattle pens were fully occupied, but the demand was very slack, the majority being passed unsold, owing to vendors' ideas of values being above those of buyers'. Prices ruled as follows : Pat Cattle.—92 yarded. Best bullocks, £9 2s 6d to £8 ; medium, £7 17s 6d to £6 ; unfinished, £5 17s fid ckiwn ; heifers and cows, best, £8 17s

7d to £7 15s; others, from £7 4s. Fat Sheep.—looo penned. Wothers in the wool, 23a 3d to 21s ; shorn, from 19s 9d to 09s ; ewes, in the wool, 25s Id, 24s Gd, to 20s ; shorn do, 19s.

DUNEDIN PRODUCE MARKET. Messrs Dalgety and Co., Ltd., report :—We held our weekly sale of gtfain and produce at our stores on Monday, when we submitted a small cataloguo to a moderate attendance of buyers. Competition was fairly good and most of our catalogue was cloarcd at prices on, a par with those ruling a week ago. Values ralcd as under :

Oats.—Only a small export trade has I been|done dining the past week, most of the sales effected having been mod- i erate lines for feed consumption. j Stocks, however, are by ..no means . large, and any improvement in the i market would soon make a clearance of present stocks. Wc quote : Prime milling, Is GJd to Is 7d ; good to best : feed, Is 5d to Is Gd ; inferior and medium, Is 3d to Is 4d per bushel (sacks , extra). | Wheat.—The market is very quiet ai.d business is almost at a standstill. Local millers havo sufficient on hand for present requirements, their operations, therefore, are only to a very limited extent. Fowl wheat is in fnir demand at late values. Quotations : Prime milling, 35,.9 - to 3s 9d ; medium do, 3s 3d to 3s 5d ; whole fowl wheat, 3s to 3s Id; broken and damaged, 2s Scl to 2s lid per bushel (sacks extra). Potatoes—The market still continues to bo poorly supplied with freshly picked Derwent potatoes, and any arriving- can be easily quitted, ex truck, at fully £1 per ton in advance of last week's rates. We quote : Best Derwents, £3 to £3 15s ; medium to good, £2 5s to £2 15s ; other sorts, 25s to 35s per ton (bags in). Chaff.—Themarkot is better supplied with medium' to good chaff, but prime chaff, which has the most attention, is scarce, and can easily be sold, ex truck, at the following prices : Prime oaten sheaf, £3 3s to £3 10s ; medium to good, £2 15s to £3 2s Gd ; inferior and light, £2 5s to £2 10s Gd per ton (sacks in). PressedStraw.—The market has been 'better supplied during the past week, and prices urn slightly easier. We quote : Best oaten straw, to 35s ; do wheateii, to 32s Gd per ton (ex truck).

SALE OF BALNAMOYNE ESTATE. Messrs Quin and Rodger report having sold privately the Balnamoyne Estate, of some 1035 acres, to a local purchaser at n substantial figure. The property was formerly part of the late Captain Mackenzie's Glenkenich .Estate and Mr G. H. Mackenzie farmed it for some years.

CLEARING SALE AT GREKNVALE. Messre Quin and .Rodger report having held a very successful sale on behalf of the execu'tbr of the late •James Marshall's estate at Greenvale, on Thursday last., when theie was a large attendance, and brisk bidding for the leading lines. Ewes, with lambs given in, brought 2fis Gd ; wethers, "23s ; ewe hoggets, 21s 4d ; Romney rams. 12s. Draught horsesTwo Clvdesdale prize mares, £55 and £SO 10k'; geldings, £55 and £IG ; filly (bv Wallace), £2G, Cows, £(! 15s to £5 10s. Implements, etc., all brought fair prices. The large crown of people were most hospitably entertained by Mrs Marshall, assisted by a number of lady friends. Mr .lohn Black, the new- owner of the property,' is now in possession-