COMMERCIAL.

Mataura Ensign, 29 January 1912, Page 8

COMMERCIAL.

COSIE I . BAZAAR. Messrs Wrig ! -wphenson and Co., Ltd.', report:- ■' <d our usual weekly sale of horE Gore Horse Bazaar on Satv .. before a good attendance of d • farmers, dealers and contractor .10 entry was composed entirely < at hacks and harness horses, a:; •• ciuded the trotting gelding Arbitres aged. The demand was%6od for a ■■•rses showing any quality, and tinr *as keen competition for all this clas < v.ning under the hammer. The following are some of the principal salos: Arbitress, £l7; brown mare, 6vrs, by Kentucky Yet, £l4; chestnut gelding, £ls 10s; chestnut pony, £O. After the horses we sold a truck of posts and strainers at very satisfactory prices. Strainers realised 3s 6d, 2s lid and Is 2d each and posts £2 13s per hundred.

DUNEDIN MARKETS. JPER UNITE' -s ASSOCIATION. DUNEDIN, Jan. 27. Oats.—Prices for old oats continue irregular, with very little business transpiring. Quotations rule at about 2s 7d to 2s°Bd, f.0.b., s.i. At present there is not any great quantity of old oats offering, but given the orders, merchants could soon pick up lines. Inquiries are now being received for new oats from Australia and Auckland, and a few sales have taken place of B Gar(tons, April-May delivery, at 2s 3jd, f.0.m., s.i., though at latest sellers are inclined to stick out for higher values. Chaff. —Consignments of old chaff have been very heavy during the week, while new season's chaff is also commencing to come to hand from the Oamaru district. The large supplies land the lack of storage space, owing to the large quantities of wool at present •being stored in Dunedin, have caused prices'to ease considerably. New chaff as being quoted at about £2 10s for prime. Prime heavy oaten sheaf, £3 15s; medium to good, £2 15s to £3 ss; inferior, £2 and upwards. of new potatoes continue, in excess of the demand, and last week's values are barely maintained- A number of lots coming forward are much too green, and are difficult to quit.

CHRISTCHURCH MARKETS. CHRISTCHURCH, Jan. 27. Wheat.—On the threshold of harvest It could not be expected that there would be much trade in the grain market, and business, which has been gradually growing less and less every week Buring the last couple of months, has mow almost reached the vanishing point. Supplies of last season's grain "have been reduced to very narrow limSts, and it is now generally admitted jthat the quantity still remaining in •growers' hands is very small, the bulk of the comparatively small amount 'available being in the hands of merchants. A small trade continues to foe done in wheat at prices up to 3s lOd on board, but of course none of the fcarrent season's crop is yet available, .while the amount of old wheat on the taaarket is inconsiderable. Oats.—Trade in oats is confined to a ffew lines of new season's Algerians and {Duns, which are being purchased at prices equal to Is lOd to 2s on trucks, at country stations for immediate delivery. Up to the present, however, only a limited amount has been placed on offer. Reports of the condition of the crop go to show that, should the jweather prove favorable from now on-! wards, they are likely to give exceptionally heavy yields, but of course a great deal must depend on the weath-1 er. Potatoes. —The potato crops, except on the very heavy and low-tying lands, iwhere they suffered from the heavy Tains, are looking very promising, but already it is clear that digging operations will not become general till some Iweeks after the usual time. At present no wholesale trade is being done and the retail trade is chiefly on a basis o? about £lO per ton. DEARER BUTTER. CHRISTCHURCH, Jan. 27. The price of butter locally has been (raised one penny per pound and factory is quoted at 15d. The reason is stated to be the high prices ruling for butter for export. BRITISH MARKETS. BV EtECTEIC TELEGRAPH. COPYRIGHT. PEE ONTTBD PRESS ASSOCIATION. LONDON, Jan. 27. , Cotton. —January-February shipment, E.32d. Jute.—January-Pebruaty, £22 ss. Hemp is quiet and unchanged. Rubber.—4s 7d. Copra.—Small sales. South Sea, £24 10s. i Copper.—Spot, £6l 1/s 6d; three months, £62 12s 6d. Tin.—Spot, £192 ss; three months, £l9O ss.