COMMERCIAL.

Oamaru Mail, Volume XXIII, Issue 7356, 2 November 1898, Page 4

COMMERCIAL.

1 STOCK AND PRODUCE REPORTS. Mr E. P. Burbury (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports as follows : At the June don yards yesterday a very full entry in all classes came forward. In the sheep pens a very keen demand was met witii for good store sheep, the flush of feed throughout the district bringing a large number of farmers in on the lookout lor sheep, the result being that all lines were cleared at most satisfactory rates. In fact, some of the intending purchasers had to return empty handed in spite of the extra large entry. Fat sheep were plentiful, and went to the local trade at prices which should satisfy local vendors. Quotations are as follows: Forward crossbred wethers, 9s 9d to lis ; best hoggets, 9s 6d to lis ; ordinary sorts, 8s 6d to 9s 2d ; young ewes with lambs, lis to 143 3d ; old - ewes with lamb 3, 8s 3d to 103 3d ; f-»t wethers, 14s to los 7d ; fat ewes, lis to 133 3d. Taking it all round, it was the best market for etaeep experienced for some time in Oamaru, and vendors appreciated the change after the dull markets that they have met with lately. Cattle.—Full entry. A few pans of fat cattle met keen competion at the hands of the local trade, threesteersbringing L7l2s 6d, nd the balance going at from L 6 7s 6d to L 7 ss. Good young store cattle were in good demand, two-year-olds bringing up to 455, yearlings from 15s to 355, according to condition. Dairy cows were also well inquired for, and sold at an advance on recent quotations, cows in full profit bringing as high as L 5 lGs. Pigs,—Not many in, and prices remain on a par with late quotations. GBAIK AND PRODUCE REPORT. Since our last report the wheat market has not materially altered, though inquirieshave been few. The offerings of birley have been small, and the quotations given are nominal. The demand for feed oats remains air, and prices are without change. The potato market has experienced a further rise, and are quoted at from L 8 to L 8 10s, f.o.b. Supplies of thiß tuber seem about exhausted. Quotations as under : Wheat.—Velvet, 3s 8d to 3s 9d ; Tuscan and red chaff, 3s 8d to 3s 9d, f.o.b. (sacks 4d). Barley.—Chevalier, 4s 3d to 4s 9d, f.o.b. (sacks 4d). Oats.—Short milling, 2s 4d to 2s 6d; Duns and Tartars (heavy feed), 2s 7d to 2s 9d ; Danish, 2s 6d to 2s Bd, f.o.b. (sacks 4d). Potatoes.—Derwents (table), L 8 to LBlos, .o.b. (sacks in) Seed.—Clover and grass seeds unchanged; turnip seeds, 7d to 9d.

(Ehe National Mortgage and Agency Company, of New Zealand, Limited, report on the stock and grain market as follows : There was a large yarding of stock forward at the Junction sale yesterday, and an improved demand all round was experienced. The entry of sheep consisted of crossbred ewes and lambs, store wethers, and fiat ewes and wethers and crossbred hogget®. Crossbred ewes, 4 and 6-tooth, with lambs -at foot, made np to 15s sd. FullmoJ Hed crossbred ewes, with lambs at foots, iiom 8s 6d to lis, according to condition and quality. Crossbred hoggets, 9s 3d to 9s 9d ; fat» crossbred ewes, 12s to los 3d ; fat crossbred wethers, 14s 9d to 15s 7d; store wethers, 10s 6d to Us 6d. Our sales were as follows: 278 crossbred hoggets, at 9a 9a; crossbred ewes, 4 and 6-tooth, with lambs at foot, at 13s 6d ; 152 halfbred ewes, ound-mouthed, 100 per cent of lambs at ot, at lis; one pen fat ewes, at 15s 3d; one pen, at 14a 3d; 222 fall-monthed crossbred ewes, with lambs at foot, at lis; 43, at lis. Cattle. —& large yarding came forward, and a good clearance was effected at rather better prices than have been going for some time.

Pigs.—Small entry, and sold at late r&tea. Daring the past fortnight we sold privately: Crossbred hoggets, at 9a ; crossbred ewes, full mouthed, with lambs at foot, at l is. GRAIN REPORT. {Throughout the past foitnight the grain market has maintained its values, and there is no business of importance to chronicle. One or two small transactions in wheat have taken place, but only to satisfy millers' actual needs. We quote 3s 7d to 3s 9d for prime milling. Oats remain without life, and only small feod order? reach the market, milling oats being , almost unsaleable. Quotations are nf»Tijrffl and unchanged. fPppiip seed moves off quietly at 7d to 8d «r ft.' - Other lines unimportant.

Brace Christie and Co, report on the sale at the Junction Yards as tinder:

There was a large attendance of farmers and others.

Sheep.—A very large entry, which sold at an advance on late rates. Fat ewes and wethers fetched np to J. 53 6A ; ewes with lambs at foot, at up to 15s 5d ; hoggets at up to 9i 3d. We offered two lines of ewes and lambs, bnt the bidding did not reach the owner's reserve. We sold on account of Mr Joseph James a pen of fat lambs at from 9< to 10s 6d.

Cattle.—A very large entry. Bidding was not good at the beginning of the sale, but livened up towards the end, especially for good young dairy cows. Fat cattle sold at up to L 7 12s ; dairy cows, at up to L 6 ss. We sold on account of Messrs Wilson and Tytler : 2 yearling heifers at 19s each. On account of Mrs Corrigan: 1 steer at ss. On account of Mr W. Hollow: 2 young heifers, lis each. On account of Mr W. Johnstone: 3 heifers, at lis. On account of Mr G. Brown: 1 cow in milk, at L 3 12s. On account of Mr R. West: 1 cow at calving, L 5 10s. On account of Mr J. Phillips: 1 heifer, at LI 8s 6d. On account of Mr M'Culloch : 1 cow in milk, at L 3 ss. On account of a client: 2 heifers, at 10s; 1 aged cow, at LI. On account of a client: 13 yearlings, at 14s; 3 yearlings at 15s. Pigs.—A small entry, which sold at late rates. There is a very good demand for weaners. PRODUCE MARKET. WTieat—There is very little business passing in this cereal, millers being fairly well stocked. Prime velvet is worth 3s 6d to 3s 7d ; Tuscan, 3s 8d; red chaff, 3s 6d ; clean milling seconds, 3s to 3s 3d; whole fowl feed, 3s to 3s 3d (sacks 4d, at country stations). Oats - Prices are unaltered. Prime milling, 2s 6d to 2s 7d ; duns, 2s 5d to 2s 6d ; Danish, 2s 5d to 2s 6d ; Tartarian, 2s 6d to 2s 7d (sacks 4d, delivered at Oamaru). Barley—None offering. Malting, nominally worth 4s to'4s 3d (sacks 4d). Chaff —Prime well cut oaten sheaf, L 3 5s to L 3 10s per ton ; straw, 32s 6d to 35s per ton (sacks extra). Potatoes are scarce, and prices have advanced 10s to 15s per ton. Good table Derwents, freshly picked over, are worth LS per ton (sacks in). Turnip Seed—New season's seed of all kinds, 7d to 9d per lb.