COMMERCIAL.

Oamaru Mail, Volume XXXIX, Issue 10763, 10 May 1911, Page 1

COMMERCIAL.

CHUISTC.HU.KCH MARKTCTS. (Per Press Association.) Christchurch, Maj T 9. Tlic local wheat market is firmer in consequence of the shortage of offerings, and the fact that millers are again operating. The latter are giving up to 3s 3d at country stations. -This is a penny more than shippers can give, and consequently the latter are unable to make purchases, London values not warranting their paying more than 3s 2d. The rise in the local market thus prevents advantage being taken of the recent reduction in freights. ' There is nothing fresh to report in connection with oats or chaff. The northern markets being glutted with potatoes, shippers are now offering only GOs to Cos, but these prices arc not meeting with acceptance, as growers are still holding out. for 70s. A small amount of business lias been done in beans at 3s 6d,. but as buyers are not finding a market for-fScm on this basis they are now offering 3s 3d at country stations. . JUNCTION. YARDS. Messrs Bruce Christie and Co. held their usual weekly stock sale at the Junct.>'■!> Yards yesterday, when there was a fair attendance. Cattle are in good demand at late quotations. We quote:. 3 to. 5-year-old bullocks at £5 10s to £6, 2-year-old steers £3 l()s to £3 15s, 18-months-old steers and heifers 35s to 40s, yearlings 20s to 22s Gd, calves 10s, bulls (potters) £2 to £3, cows (potters) 20s to 255. Dairy cows and heifers, coming to profit, are scarce, and any, good young cows command a ready sale. We quote: Best young cows (at profit) at £7 to £B, medium sorts (at profit) £5 to £6. aged cows (at profit) £3 to £4. Pigs.—s3 were penned. Slips sold at 14s to l(is (id, best weaners 8s 9d to 10s !)d. medium-sized 5s fid. to 7s 3d, small 3s to ss. Prime baconers, from 121)11) to IGOIb. continue in good demand, and we can do with any number at per lb or alive. WAIAHEKA YARDS. The Associated "Auctioneers report having hold their usual weekly sale yesterday, when a moderate entry of stock came forward to a fair attendance of buyers.

Sheep.—About 1200 head wore penned, comprising chiefly breeding ewes, which met a ready sale at a slight advance on late rates. Practically the whole yarding were sold at the following prices: r-'at wethers (madiuni quality) 12s 3d to 14s; fat lambs, lis; fat ewes, 8s 3d to 9s 3d; fat ewes and wethers, 13s 3d: balfbred s.m. ewes, at I.os lOd to 12s 2d for an extra good line; cull ewes, 2s Id; fat and forward lambs, 10s; store lambs, 8s; hill lambs, G's 7d: cull lambs, 'ls.

Cattle.—A small entry, which met a spirited demand. Well-grown steers, £6 -ss: IS-months steers, £3; 18-months heifers. £2 10s; calves, 2os; store cows,. £4: fat cows, £7 6s; springing heifers, 11 10s.

HOME MEAT MARKET. Messrs Gilbert Anderson and Co. re- I port as follows 'under date London. April Ist:- - There is a .large volume of trade. Home-grown beef is in good demand, prices being id to id higher. Homegrown mutton and lamb prices are unchanged. There are large supplies of chilled beef, and prices are id to ;}d lower, fores 3d. hinds 4gd. Frozen beef is in limited supply, prices being par to Jd higher. There are large stocks of frozen mutton with slow demand, and lower prices have been accepted. Sou Hi American light weights and ewes are id lower, and heavies are quoted at 2ld. Australian light weights are 1-1 fid lower: New Zealand (North Island). Jd lower, best brands 1-16(1 lower. W.F.M.'s are fetching more money. There is no quotable supply of Canterbury. There are largo stocks of lambs of aU kinds except South American, but the prices of these are unchanged. Australians are par to Jd lower,, and block the sale of Saw Zealand. North Islands are Jd lower, best brands T-16d lower. W.F.M. prices are'firm at higher rates. Caiiterburys are id to Jd lower. —Smithfield Market Prices.—

Mutton (W. and M.E.).—Canterbury and Southland, 48 to 561b. not quoted; best North Island, 48 to 561b 3 5-16(1'. 56 to Glib 3 5-lGd: North Island, 4S to 561b 3;d, 5G to 641b 3Jd; Australian, ID to sHlb 2Jd, 50 to 70lb 21.1-16 d, ewes 2 11-1 fid; South American, 40 to 501b 32d. 50 to 701b 2*d, ewes 2j;d; New Zealand ewes, 2|d. Lamb.—Canterbury, under 361b 4;d, 36 to 421b 4ltl, 42 to 5011) sd; Southland, under 361b 4jd, 36 to 421b 4Jd, 42 to 501b 4Jd; best North Island, under 361 b 4 7-16 d, 36 to 421b 4 7-16 d, 42 to 5011) 4 !Mod ; North Island, under 3Glb •lid, 36 to 421b 4>d, 42 to 501b 4id: Australian, best 33d. fair average quality 3jd, inferior 3.Jd; South American. 28 to 421b 4d, second quality 33d. Beef.—New Zealand, fores 3d, hinds 4.U1; Australian, fores 2Jd, hinds 3£d; River Plate, fores 3d, hinds 4j|d.