COMMERCIAL.

Oamaru Mail, Volume XXXVII, Issue 10240, 1 September 1909, Page 2

COMMERCIAL.

CHRISTCHURCH MARKETS.

(Per Press Association.) Cliristclrurch, September 1. Owing probably to the heavy rain which fell at the- close of last week and at the beginning of the current ofle, the quantity of grain placed on offer has been even below the extremely low average of the past couple of months, and practically all sales effected have been between merchants. The tone of the wheat market, if anything, is a shade easier and generally speaking merchants are disinclined to make offers up to recent quotations. Farmers, on the other hands, are still very sanguine as to Hie future of the market for tliis cereal, and in few instances are they disposed to part with their holdings unless higher prices are conceded. Under the circumstances it can be readily understood that the amount of business passing is extremely limited. Prices can be stated as unchanged with a very quiet market. Oats remain in substantially the same position as a week ago and as in the case of wheat the business transacted has been within_ very narrow limits. Quotations: Wheat, 4s 3d to 4s Cd; oats, Is 6d to Is 9d.

JUNCTION YARDS. Messrs Bruce Christie and Co. held their usual weekly stock sale at the Junction Yards yesterday, when there was a good attendance, also a good entry of stock. Cattle.—97 head were yarded. There is a good demand for yearlings to two-year-olds, also for forward bullocks. \Ye quote: 4 and 5-vear-old bullocks £6 10s to £7, 3-year-old bullocks £5 15s to £6, 2-year-old steers and heifers £1 los to £2, yearlings 20s to 255, calves lUs, store cows 30s to 40s, bulls (potters) £2 to £2 10s. Dairy cows and heifers were again in good demand. Tliirty-eiglit were offered. Young cows and well-bred heifers in good condition and just at profit are in best demand. For October and November calvcrs the demand is not so good. We would advise owners to send in only those within a few days of coming to profit. Best cows (at profit) sold at £8 to £7, medium sorts (at profit) £6 10s to £6, aged cows (at profit) £5 10s to £4, best cows (just calved) £7 to £G, others £5 10s to £4 10s, best heifers (at profit) £6 to £5, others £4 10s to £4.

Pigs.—2B yarded. Slips sold at 30s Cd, best weaners 17s to 16s, mediumsized 14s to 12s. Prime baconers, from 1201b to 1601b, are in good demand, but heavy weights arc neglected.

WAIAREKA YARDS. The associated auctioneers report having held their usual weekly sale yesterday at the above yards, but owing to the unfavorable weather of the past few days there was only a small yarding of stock and a poor attendance of buyers. The following are the prices realised: Sheep.—A line of 4, 6, and 8-tooth ewes sold at 14s.

Dairy Cows. —There were no really good sorts forward, but a few (guaranteed empty) changed hands at satisfactory prices. Pigs.—A pen of weaners realised from 17s 6d to 24s 6d.

SOUTH CANTERBURY MARKET REPORT. Messrs. G. S. Meredith and Co., Waimate, supply the following market report : Wheat.—The market is lifeless, farmers showing no anxiety to sell, nor buyers to increase their stocks. Quotations are only nominal, and are as follows: Velvet 4s od, Tuscan and redchaff 4s 3d, on trucks at country stations, sacks o'(d.

Oats. —The market is, very dull. There are no buyers at late quotations. The value to-day is Cartons Is Sid, Duns and Danish Is 7-J-d, f.o.b. s.i. Chaff.—The market, in sympathy with oats, is exceedingly quiet. Prime, bright well-cut oatsheaf chaff is saleable at 57s 6d to 60s, f.o.b. s.i. Discolored chaff is very hard to sell at about £2 on trucks country stations. Potatoes.—The potato market still remains the same. Large quantities are being Shipped, and there is a good demand. Prime samples of Derwents are keenly sought after as high as £4 i'.o.h. s.i. Up-to-Dates and other white sorts are worth 70s to 72s 6d f.o.b. s.i. Seed lines are not selling so well, owing no doubt to the late rains interfering with planting operations. Straw.—Baled wlicaten 22s 6d, baled oaten 27s 6d, on trucks country stations.