COMMERCIAL

Oamaru Mail, Volume XXVIII, Issue 8040, 6 November 1902, Page 1

COMMERCIAL

DUNEDIN MARKETS. By Telegraph. Dunedin, November 5. Fat Cattle.—l 36 head were yarded. The demand was by no means brisk, although prices were on a par with lastweek. Best bullocks £l2 to £l3 17s 6d, six special bullocks £ls 17s 6d and £l9, good £9 10s to £ll 10s, medium £7 10s to £9, best cows and heifers £9 to £lO 10s, a few ex-tra to £l3 10s, good £7 10s to £8 10s, light and inferior £4 15s to £5 10s. There was a special fine of six fine Shorthorns from the North Island. Fat Sheep.—2l79 were penned. There was a good demand throughout and prices were slightly in advance of last week. Best wethers 21s to 22s 6d, extra good up to 24s 9d, good 18s to 21s, medium 15s 3d to 16s 6d, best ewes 19s to 20s, extra up to 24s 3d, good 17s to 18s, others 14s to 15s.

Pigs.—lßl were penned, mostly porkers and baconei'S. All sorts met with a good demand. Suckers 15s 6d to 17s 6d, slips 18s 6d to 21s, stores 23s to 265, porkers 29s to 375, baconers 42s to 555, big pigs 60* to 90s.

Lambs.—Only 61 were penned, which met with a brisk sale at an advance. Best up to 16s 6d, good 13s 6d to 14s 6d, others 10s 6d to lis 6d.

Wheat.—Prime northern milling meets with most inquiry, while medium is hard to quit, except as fowls' wheat, for which there is a good demand. Prime milling velvet 4s 3d to 4s 6d, medium 3s 7d to 4s, whole fowt wheat 3s 4d to 3s 6d, broken and damaged 2s lOd to 3s 2d (sacks extra). Oats.—The demand for good sound oats still continues, and a good deal of business is being done at quotations. Prime milling 2s 8d to 2s 9d, medium 2s 4d to 2s sd, inferior 2s to 2s 3d (sacks extra).

ADDINGTON MARKETS. By Telegraph. Christchurch, November 5. There being no sale on account of the carnival holidays next week, there was a double market to-day and a large entry of fat stock, with keen demand for all sorts. Fat Cattle.—2ls, mostly good, with a few of exceptional quality. Bidding was brisk, and late prices were fully upheld. Best beef 35s to 37s 6d, others 30s to 34s per 1001b. Two extra prime bullocks were taken for show purposes at £l6 5s to £25 10s. prime steers £ll Is to £ll 17s 6d, others £7 5s to £lO, heifers £5 15s to £lO, prime cows £8 to £lB 2s 6d, others £5 15s to £7 10s.

Store Cattle. —A good entry and improved demand. Yearlings £1 1,5s to £1 18s, 15 to 18 months old £2 15s to £3 16s, two-year-old steers £5 7s to £5 12s. heifers £4 2s 6d, three-vear-old steers £6 6s to £6 15s dry cows" £2 lis to £4 10s, best dry cows £7 to £lO, others £3 15s to' £6.

Fat Sheep.—About 5500, mostly good lines, but shorn showed a better finish than those in the wool. There was keen competition between freezing buyers and butchers, and shorn advanced Is to Is 6d. Sheep in the wool were also appreciably firmer, with the exception of merino wethers, which were slightly easier. The

sale did not conclude until dark. In the wool heavy wethers 23s to 255, freezers 19s to 22s 6d, light and uinnninshed 17s to 18s 6d, best shorn wethers 22s to 22s lid, freezers 17s to 21s lOd, others 15s to 16s, best ewes in the wool 20s to 23s 6d, others 15s to 19s, best shorn ewes 18s to 19s 6d, others 15s to 17s 6d, merino wethers 15s to 21s 6d. Fat Lambs.—All were taken for the Home trade at 10s to 18s 6d.

Store Sheep.—34so, mostly ewes and lambs. There was a fair demand for all sorts. 420 wethers off the shears 14s 3d, a line of 850 shorn hoggets were withdrawn at 8s 3d, ewes and lambs 9s 3d to lis lOd for good, and 6s 6d to 8s 6d for others-(all counted).

Pigs.—4B9, including a couple of heavy choppers, which brought the sensational prices of £ls and £lB each. Owing to the largo supply and warmer weather fats were easier, but stores were in strong demand. Baconers 455, 68s, to 75s for extra, (equal to sd), porkers 23s to 38s (equal to large stores 20s to 30s, smaller 13s to 18s, suckers and weaners 8s to 12s. CHRISTCHURCH GRAIN AND PRODUCE MAKETS. (Lyttelton Times.) The local grain markets are almost at a standstill. Neither wheat nor oats are offering, though both are in demand. Holders of each are disinclined to place their stocks on the- market, feeling sure that what little remains in the country will be required before next harvest, and that higher prices will rule in the course of a week or two, when present stocks in merchants' hands are exhausted. There is still a keen demand for oatsheaf chaff, but the quality of most of the parcels offering is very poor, while holders of this class, finding the market bare, are asking the same price as has been ruling for good samples. The demand for cowgrass and white clover continues strong, and as stocks are getting low, merchants _ have raised their prices. Rape and turnip seed continue to sell readily. The season for Derwent potatoes is fast drawing to a close, and it is expected that this week's boat to Sydney will take the last cargo of any size. The local market has been kept fairly buoyant through the North Island and coastwise demand, which has been pretty brisk, while local produce merchants and storekeepers have been laying in stocks for local consumption, in view of the large influx of people expected hei-e during Carnival Week. The Auckland demand is keeping up much later than usual this season, owing to the fact that the new crop will be late in coming in, through the bad weather experienced there. Several local speculators, who purchased earlier in the season, have been unloading during the past few days, as they were afraid of the tubers not keeping. It can only be a question of a short time now when local supplies will be exhausted, as the visible sup-

ply is gradually diminishing. The continued demand for hams and bacon has caused the local market to further firm.

The following are local quotations: Wheat.—Prime milling Tuscan 4s to 4s Id, Pearl 4s Id to 4s 2d, Hunter's 4s, whole fowl feed 3s 4d to 3s sd, at country stations. "Barley.—Malting (nominal), feed 2s 7d, at stations. | Oats.—Milling Canadians 2s Bd, short feed and Duns 2s 5d to 2s 6d, and Danish 2s 5d at country stations. Flour.—Millers quote roller £ll, pollard £5 10s-, bran £5 10s. Oatmeal.—£l4 to £ls. Potatoes.—Derwents (nominal) £3 15s at country stations. Oatsheaf Chaff.—£4 5s at country stations. Seed.— Ryegrass, farmers' lines 3s 3d to 3s sd; for town machine-dressed 4s 6d. cowgrass seed), local Bd, Californian dresse'd White clover, farmers' lines, 9d to lOd. Italian ryegrass (town dressed), 4s 6d. Dairy Produce.—Cheese, dairy to od, factory 5d to Butter—Fresh local factory best dairy 8d to 9d, salt (in boxes) 7d to 9d, North Island lid f.o.b. Hams and bacon 7£d to Bid, factory id higher, all cased, f.o.b. A LARGE SALE. Messrs Wright, Stephenson and Co., as agents for the trustees of the late Hon. Mathew Holmes, report having sold privately his well-known estate near Lumsden, Southland, containing approximately 50,356 acres freehold and about 6000 acres leasehold, at a satisfactory price to a syndicate, whose intention it is to proceed immediately with the cutting up of the estate, _so that those on the look-out for combined agricultural and grazing farms may have the opportunity of acquiring de--sirable and conveniently-situated freeholds on the most liberal terms of payment that have yet been offered to the settlers of the colony. The prices and terms at wliich the land will be placed on the market will be such as to make it within the reach of all farmers, even though their capital is limited, to acquire freeholds of their own. The stock, consisting of some 30,000 sheep, including the stud flocks of Lincolns, Border Leieesters, Romney Marsh, and Cheviots, about 700 head of cattle, including the herds of the purebred Aberdeen Polled Angus and Shorthorn breeds, and a small herd of purebred Highland cattle, and about seventy draught and harness horses—have also been purchased by the syndicate, and will be disposed of as opportunity offers. The estate is not to be worked. The stock is therefore for bona fide sale. The place is about to be surveyed, and full particulars of the subdivisions, prices, and terms will shortly be published. Mr T. L. Barnhill will retain his position as manager of the estate. STOCK SALES. The attendance at the Rangiora market on Tuesday was up +<T the average, the yarding comprising 2500 sheep, 200 cattle, and 100 pigs. Prices were : —Fat ewes lis to 19s, fat two and four-tooth wethers 16s to 28s 6d, fat hoggets 12s lo 17s 6d, store do, shorn 8s 3d, unshorn lis 9d, ewes and lambs 5s 9d to Bs. Cattle—Beef 24s to 26s per 1001b, fat steers £7 to £8 ss. do heifers to £8 2s 6d. young cattle £2 to £4, milch cows £6 10s to £lO 2s 6d. Pigs—Baconers 35s to 54s 6d, porkers 18s to 30s, suckers 8s to 15s 6d, weaners 4s to 6s 6d. The produce market prices were unchanged from last week's quotations. There was a good;, attendance at the Geraldine farmers' yards yesterday and a fairly good sale, all lots changing hands at satisfactory prices. Aged ewes and lambs (all counted) 6s 4d, full-mouth ewes 9s 4d, fat ewes (light weights) 14s 6d, store wethers- 14s lOd, forward wethers 17s- sd. The auctioneers yesterday agreed not to hold a sale at Geraldine next week.