COMMERCIAL.

Oamaru Mail, Volume XXXVIII, Issue 10571, 28 September 1910, Page 1

COMMERCIAL.

CHRISTCHURCH MARKETS. (Per Press Association.) Christchurch, September 27. Now that shippers have secured practically all the wheat they require to fill all the space engaged the market is very quiet. The Corinthic and the Kent are expected to be the two last boats to carry wheat at a 15s freight, and the space is fully booked. When these shipments are made the total export of wheat this season will amount to about one million bushels, and although there is a great deal of doubt as to tlie correctness of the estimate of the Department of Agriculture there will probably be more than sufficient to carry on till the next crop is available. The" millers are out of the market at present, but no doubt they will resume operations and replenish stocks as soon as the exporters have ceased making purchases. There is a rather better tone in the Homo market, and enquiry is now being made from the North Island, as surplus stocks are nowgetting worked down. There is a firmer feeling generally. The offerings of potatoes are limited, and the price has advanced another os per ton, and are now quoted at £7 to £7 5s at country stations.

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 yarding of stock. Cattle —72 head were yarded, prices being about the same as last sale. We quote: 3 to 5-vear-old bullocks at £5 10s to £0 10s, 2A-vear-o]d steers £4 to £4 ss, 2-year-old steers £3 5s to £3 10s, 18-months-old steers and heifers 35s to 37s 6d, yearlings 20s to 255, calves 10s to 15s, cows (potters) 25s to 355, bulls (potters) £2 to £2 10s. The greater portion of the dairy cows and heifers were in low condition, but young cows just at profit in good conditi.ou were hi good demand. \Ve offered 43 head. Best young cows, just at profit and in good condition, sold at £8 to £9 10s, medium sorts of cows (at profit) £5 los to £6 10s, aged cows £4 to £5, best heifers (at profit) £5 10s to £6 2s 6d, medium sorts £4 to £4 10s. Pigs.—sß were penned. Prices were unaltered. Slips sold at 14s 6d to 15s (id, porkers at 17s to 20sj best weaners 12s'6d to 14s, medium-sized weaners ,10s to lis, small weaners Bs. Prime baconers, from 1201b to 1601b, 3}d; heavy weights, 3d to 3jd per lb. WAIAREKA YARDS. The Auctioneers' Association report having held their weekly sale at Waiareka Yards yesterday. There was a small attendance and a poor yarding. There were no sheep forward. Fat bullocks brought from £8 17s Gd to £6, store bullocks brought £5 10s, and store cows sold from £5 os to £4. Weaners fetched from 15s 6d to 12s 6d. FROZEN MEAT MARKET. The Colonial Consignment and Distributing Company, Limited, report as follows under date London, August 19th : Mutton is in very, moderate supply, but the enquiry is very quiet and prices are maintained with difficulty. -In spite of the fact that Continental supplies are extremely short, both English and Scotch sheep have moved in favor of buvers. Lambs are selling at 7d t:i Sd per lb. New Zealand Mutton. —The only arrival during the week lias been the Matatna with 51,956 carcases. Stocks have been reduced to moderate dimensions and several enquiries for lines are in the market. In spite of this, quotations arc maintained with difficulty ow- ' ing to the dullness of the retail demand, and there is little doubt that for the time being frozen mutton is out of public favor. Canterbury's range ill value from 3-kl to 3£d per lb, but are scarce. North Islands are being firmly held for 3Jd to 3-|d per lb, as the stocks arc in few hands. Frozen Lamb. —Receipts comprise 44,015 carcases from New carcases from Australia, and 5685 careases from South America. The demand is now steadily waning, and although prices show no quotable alteration there is a decided change in the tone of the market. Light Canterburys make up to sad per lb and medium weights about 4-Jd per lb. North Islands make id per lb less. Australians are very scarce and no reliable quotation can be given. Frozen Beef.—The heavy stocks have been increased by 5647 quarters from New Zealand, 24,910 quarters from Australia, and 12,692 quarters from South America. Chilled beef continues short and fairly dear, and in consequence frozen beef has been moved in good quantities at about last rates... Quotations for hinds ■ are.-.-a trifle weaker, but fores maintain their value.