LATE COMMERCIAL

Otago Daily Times, Issue 18075, 25 October 1920, Page 5

LATE COMMERCIAL

THE OAMARtT MARKETS. (FROII OUR O\VX COP.ttESI'OXDENT.} OAMA.RU. October 23. Absolute stagnation has been the order of the week in the local grain and produce market. Tho season' 3 output of wheat has apparently all been handled, for, although some few growers were thought to be still holding, no offers have come forward. ' As to oats, the market is in o condition o* paralysis. There are no buyers, except in small lots for immcdiat© use, and then only at reduced prices. Ono such sale was made during the week, a modest line of good milling G-art-ons changing hands at 3s Sd net delivered at tho mill. The hitherto shaky bottom has entirely fallen out of tho potato market. There aro no buyers, and fortunately, holders are few. Though good growing weather has been, experienced of late and feed is becoming plentiful, there is little movement in sheep. There are buyers of good ewes and lambs, with few scllctb, but a wide difference of opinion as to values keeps the two sides apart. A little business has, however, been, done in older ewes with, lambs, a line of 200 failing-mouthed having found a buyer at 20s, all counted. A smaller line of failing-mouthed ewes'with lambs realised 21s, all counted, and aged owes with lambs were sold at 17s. Fat wethers wero sold in lines at 44s and 455, and fat ewes at 455. The most prominent transaction of the week was the sale of a lino of 700 wethers in forward condition at 3Cs tho buyer being a North Otago farmer. *A'fair amount of business, continues to be done in lambs for forward delivery at prioes ran™in<* from 20s to 245. ° ° There has been more activity in cattle than of late, though the reported have not included any linos of particular moment. Tho pricos realised were as follow:: —Fat bullocks, £23 7e; heavy fat steers. £22 10s; feht-TOoight fat steers, £16; fat cows, £13; fat and forward steers, £16 5s • ♦hroe-year-old store steers, £12; 21 to thre<£ yoar-old steers in forward condition, £13 10s-2J-year-old steers, £S 10s; mixed-sex tlired year-olds, £0 15s; 13-months-old heifers £4" mixed-sex yearlings to 15 months old £3 ' Dairy cattle are in request, and sales' are reported as follow:-Cows of extra quality just a* profit, £18 to £20; good cows coming to profit, £15 to £16; three-year-old heifers coming. <o profit, £12 to £15; twc-yeox-old heifers coming to profit, £8 to £10.