LATE COMMERCIAL.

Mataura Ensign, 3 November 1911, Page 5

LATE COMMERCIAL.

CANTERBURY MARKETS. I'KK UNITED I'RESS A.BBOCIATIO* CHRISTCHURCH Nov. 2. Oats. —Tlie local oat market u practically normal, on acoount of no business offering from farmers. Prioe* are very firm at quotations, but the few farmers vrho are still bolder* are firm in their determination to hold out for higher prices, the shortage of supplies, while more than two months have yet to pass before the new season's grain is on the market, making them very confident of the futtfre of the market. Reports show that the North Islam! buyers are operating on a fairly extensive scale in Australian-. grown Algerians, which can be landed at a charge of sevenpenoe per bushei. There is a feeling that if tho strike among the Australian wharf-lumpers continues supplies from that course may come to a r,peedy termination, and in that case buyers will be compelled to meet local holders. Holders in the south are not feeling the least uneasy on account of the absence of demand. Southern supplies stored at the port are estimated at little over 30,000 sacks, and the quantity offered from the country is very small, in fact, the supplies l>eing railed in by farmers are barely sufficient to supply the dtema ii for local consumption. Prices in Christchurch are very firm. Chaff. —Chaff is in some demand for local consumption, but current prines are too high to enable shipping business to be done. Prices in the vicinity of £5 per ton on trucks have been paid recently for local c. ;isumption, and at current quotations it is somewhat difficult to obtain supplies, the shortage of feed during the winter months and the utilisation of chaff for feeding sheep and cattle having reduced stock much lower than usual at this season of the year. Potatoes.—Owing to short supplies the potato market is firm, during the week prices up to £2 15s have been paid for parcels for immediate delivery. At present a considerable number of potato growers are busily engaged in planting their tillers, and this, no doubt, is largely responsible for the .scarcity of supplies. However, everything goes to show that tliere are yet a considerable quantity of potatoes in the hands of growers, but whether they will accept current prices for their stocks or feed them to pigs remains to be seen. LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cablegram from their London house, under date 2nd! inst: Wheat.—The position of the market shows very little demand for wheat owing to the favorable crop reports. The market prospects for Argentine wheat sown have a discouraging outlook. Wool. —The market is steady and quotations are unchanged for Merino and fine crossbred. For medium and coarse crossbred previous prices are barely sustained but were firmer at the close. AUSTRALIAN MARKETS, ! ..... '•( SYDNEY, November 2. Wheat, 3s 7ft to 3s Bd. Flour: City, £8 15s; country, £ 7 17s 6d. Oat*: Algerian feeding. 2s 6d to 2s 8d; milling, % 2s 8d to 2s l()d; Tiisinanians, 2s lOd to 3s 2d. Hailev: Cu] ' feeding, 3s; English malting, Is Od to ss; Maize, 3s lid to -Is Id. Bran ;uni pollard, £5. Potatoes: Local, CI to £5. Onions: Owing to the strike supplies are limited, and prices are nominal. Butter: Selected, lift,; prime, 10Is. Cheese, 7d; Bacon, 7d t;> 7Jd. MELBOURNE, November 2. Wheat, 3s B£d. Flour, £8 10s. Oats: Algerian feeding | 2s 3Jd; milling, 2a s|d. Barley, 3s 3d to 3s 6d. Bran and pollard, £5 ss. Chaff i$ firmer, and/ supplies are moderate. Oaten: Dumped, £4 to £4 ss; compressed, uncovered, £4 ss; covere■!. £4 10s. Maice, 3s 4Jd. Onion*. £2 K' . Potatoes: £3 to £4 5s ' ADELAIDE. November 2. Wheat, 3s G.I. Flour, £8 5b to £8 10s. OUNEOIN SKIN REPORT. Messrs Dalgety and Company, Ltd., report as follows: Rabbitskins.—Wo held our weekly auction sale of rabbitskins on Monday, when we offered a largo catalogue. Competition was very animated aJ id prices fully maintained l their late high value. Tho bulk of tho skins now coming to hand are composed principally of outgoing and winters. Nevertheless all classes sold well, and w- cleared our catalogue at the follow in rates: First winter does, l!)d to 19-Jd ; winter does, IGd to 17jd: first winter bucks, 16d to outgoing winters, 13d to 16d; autumns, to 14id; racks, to BJd'; summers, 5d to 7Jd; prime winter blacks, 21d to 22d; other blacks, to 13d; springs, 10} dto 12Jd; runners and suckers, 3d to sd. Sheepskins.—We held our usual weekly auction sale of sheepskins on tli.- 31st iiist.. alk'ii large and varied catalogues uvro offered to a full attendance of is. Owing iiniortuiiHtely to the ,mi >".;i'at:!c r?j*ort. !Voin London. V' 1 e,i.,ur bv :ally id to id s«. 1 A', t'. Kv :-»gr - i value** eoi 'i.; t.tMi-i u.i- «.'(im'l {.imitations: Best halfhreds. (s{d ti 7d: medium, 5Jd to (i ! l: fine (!v, (J'.rl to (s}d; coars;>, tjjd t ; sjv; l,i-,t !i<.;:;r<'ts. 5Jd to (i i : n\' iiunt. ! 1 t'» .*i«I; b:*st merinos, 52(1 to GJd ; i:i« 4jd to 5Jd ; |H'lts, 2d to 3Jd. Hides. —We In Id our usual fortnightly auction sale of hides on the 26th inst. when we offer-. 1 a eil.ilogue of aliMit 201) hides to tine usual attendance of buyers. Our catalogue was composed mainly of town and <country hides of ordinary quality in good condition. Competition was keen, and -. s taken all round were on a par with late rates, medium hides being "i ; ,]iv s"Mtrht 'l' r. whilf heavy hides elicited good competition. As before stated, we had no bides of exceptional substance, and our top price for ox nns 7Jd goiiiir 71i1.<. while we soi l ii good number fr.mi OJd upwards. Calfskins were sought after, and brought up to !){d per lb. The following are quotations:—Extra stout ox, 7|d to Bid; stout ox, 6|d to 7|; medium ox, 6Jd to 68d; bfeat cows, 6|d to 6sd; damaged and inferior hides, 4Jd to 51d; yearlings, to 6jd; calfskins, to 9Jd per lb.