COMMERCIAL.

Oamaru Mail, Volume XXXVI, Issue 11657, 12 June 1912, Page 2

COMMERCIAL.

CRRISTCHURCJI MARKETS - (Pill PIUiSS Ac.SOCTATIO.N-.) Christchureh, June 11. The local grain markets arc in a very quiet, state, and piae-tiealiy "no business is doing with farmers, who arc holding their oats and wheat {irmly. There :s a certain amount- of turnover taking place in wheat between merchantf-i on a lower basis of value than farmers are asking. "i hero is. however, no outlet for wheat, and there is not likely to be any cheap freights ottering until towards tin; spring, when frozen meat shipments will liiivu eased off. The rains in Australia are not expected to affect- the oats market immediately, as it v.-ill be pome weeks before there is any-quantity-of feed available (.n the- eirought-aii'octed areas that have received rain'.' There is, however, r.ot a great rush of fresh business doing with tllat- quarter at present. Thepotato market siiows little change, £3 15s to £1 at- country stations being the nominal price.

JUNCTION YARDS. Messrs Bruce; Christie and Co. report on their usual weekly stock sale held at the Junction Yards . yesterday as. under: There was a fair atteendanee and a moderate yarding of stock.. Cattle. —Forward bullocks are iu good demand, and worth £'(3 to .£7 10s, 2 to L't-year-oiel steers X'i 10.5 to £5 os, l'&-months-okl steer;; and heifers £'3 to £'-i lees, ycj.rliu.gs ->3s to j.js, caives l.os to if.s (iei. hulls (potterii £i to £5, cons (iiotecrs) £'l to ££' 10s. " Dairy coves, if just at profit, and vor.ii.o- and well-bred, ale in good demand". Best cows (at profit) £8 to £9, extra, good (at. prone) -£lO to £ll. medium sorts (at profit) £o to £d. best he/iiers (at profit) £fs to £7. Ihgs.— 2B wc-iv penned.. Stores sold a'. 'C'i Ss each, si;p.? "iils to 2d--, besi wcaneits los od'to ids fie!, .small weauors 10s to 12s. Prime bnooncrs from 12e)ib are wanted, these wiughts being worth, up to s_gl per lb. FROZEN MEAT MARKET. The Colonial Consignment and Distributing Co., Ltd., report as follow.s, utrior'duto London, ;wd May:— Nt-w Xeaiiind iMutcon —There- has been no arrival from Ne-iv Zealand during the week. The demand stcadiiy improves, but there is absolutely no change in values. Cantorburys are quoted at fancy prices in private lists, but no quantity is available. Small North Islands are worth about 4d per lb, butmedium weights do not command more than S.icf per lb and heavies find a difficult- .-ale. E-.ves are in request- at- 3jd to Hid per lb. i-rozen Lamb. —The only new supplies consist of l!£'i-':7 carcases from South America. The Neve Zealand shipments are going into consumption al:no:>fc as fast as they can be delivered from the ships, and the excellent demand at the present level of prices is surprising. -Cancci-bui-yj_.arc firmly held at- .to fie! per lb, and North" islands have st-id'cned to fj.ld to fj._d per lb. Theire are plenty of enquiries for forward •shipments, but hiuh nriccs are being asked. The few Australian -anti South American. lambs offered are making about 3d to odd per lb. Frozen Beef. —The arrivals have been limited to 73,123 quarters from South America, but- this large quantity has had no offect on the market. Frozen beef tin-is a re-a.dy sale at high prices, hist rates being fully maintained- For good qnahty New Zealand'hinds'as much n<; ..Ud per'lb has been asked anel fores are iirndy hold lor eSJd per lb.