COMMERCIAL

Southland Times, Issue 17607, 23 March 1914, Page 4

COMMERCIAL

AGRICULTURAL EVERTS TOR WEEK ENDING MARCH 38. —Monday, March 25.—' Mr John G. Manson’a clearing sale at Mabel Bush, by Messrs Wright, Stephenson and Co., Ltd. —Tuesday. March 24.—Stock sale at Wallacetown. —Wednesday, March 25. Stock sale at Kapuka. Mr W, Milne’s clearing sale at Cllfden, by the New Zealand Loan and Mercantile Agency Co. —Thursday, March 26. — Stock sale at Walkaka. Mr K. H. Bissetfs sale at Avondale, by the National Mortgage and Agency Co. CUSTOMS REVENUE. The following was the revenue received at the Custom House last week; — Customs duties . . £3601 14 4 ■Beer duty .. .. £4l 10 0 Light dues .. .. £ll2 15 4 Shipping fees .. .. £0 5 6 Other receipts.. .. £ls 6 3 Total .. .. £2771 12 5 THE RIALTO. William Todd and Co. report the following sales on Saturday:— Pigs.—Large entry, 133 sold; demand slack for young pigs. Suckers, small, 5s 6d to 9s. larger 10s to 12s 6d, weaners 13s to ISs 3d. stores £1 2s 6d to £1 17s, sows £1 19s to £2 15s. Poultry.—Hens Is 2d to Is 9d, pullets 2s 4d to 3s Id. ducks Is 8d to 2s 4d. cockerels Sd to Is 3d, roosters Is 5d to Is 9d. turkeys 4s to ss, ducklings Is. geese 3s. Cow, £3 10s. Produce.—Potatoes £4 10s to £5. oats Ss to 9s 6d bag, chaff 2s per bag (bags in). EXCHANGE SALS ROOMS. McKay Bros, submit their usual, market report and daily auction prices. Pigs.—There is a good demand and we want consignments to fill enquiries. Stores 30s. weaners 10s 6d to 14s 6d, suckers 9s 6d. Poultry.—There is a steady demand for young pullets and table birds. Now is the time to consign and meet good prices. Old hens Is Id to lOd, roosters (small) Is Id. pullets. 3s 6d to 4s 6d. Produce. —Chaff: The market has declined, but there is a fair demand. Prime old £4 ss. medium do. £4 to £3 15s, cow Is 6d per bag (good value). Oats; The market is steady in grade lines, but the northern enquiry has fallen off and merchants are not operating. We quote forward delivery A Cartons Is 11*7 id. f-0.b.. s.i. We are open to receive samples. Good feed lines fetched Ss to 7s 3d per sack, to 5s for musty Ryegrass: The northern demand continues, and prices are going ur>. Wo quote 25'261b 2s Skid 0.t., sacks extra, lighter lines to 2s fid. We would be glad of further samples and can introduce good business to growers Wheat: The market is firm at last week's rates; f.a.q. J3s fid to 12s fid 200's, musty lines 11s fid to I Is. Potatoes: Shortened supplies have firmed the market for the time being and prices have risen; good quality £4 12s fid, inferior £4. Malt combings. 5s per sack : wheatmeal. 14s; pollard, 10s fid to 11s; barleymeal. 10s fid per ISO's; linscedmeal. 12s per 100's: bran. ss; ryemeal, 5s Sd per 90's: onions. 7s fid to 7s: turnips, 2s fid per sack. Fruit. —Bananas: We landed 250 cases. Fiji green 11s, ripe 15s; pears (imported) 7s fid to Ss. Canterbury 5s fid apples 6s to Ss (dessert). 3s fid to 5s fid cookers; grapes (imported) 4d to 6%d. local Sd; plums are practically finished; peaches, late variety. lkS)(l to 2d; tomatoes: We handled over 800 cases at from l“id to per lb; lemons. 12s fid; rhubarb. iv,d; quinces are expected this week. Furniture. —We made some large sales to clients about to start housekeeping, but stocks are rapidly replenished and our showrooms are worth inspecting, if only to compare our wholesale prices with usual retail ones. RITEKSDALE stock sale. The Riversdale stock sale was held on Friday in fine weather. There was a large 'attendance of farmers and buyers despite the fact that many are still busy harvesting. The yarding was the biggest this year, some 15,000 sheep being sold. The demand was keen for all sorts, the market showing a marked increase all round. The bidding was brisk and very few lots were passed in. The following sales were effected: Xew Zealand Loan and Mercantile Agency Co.. Ltd.—llo 2-tooth ewes 22s 5d 170 fi and S-tooth ewes 14s 7d. 70 f.m. ewes 16s Id, 73 2-tooth wethers 14s 7d, 122 2-tooth ewes 20s, 100 2-tooth ewes 19s 7d. 188 2-tooth ewes ISs lOd. 250 2-tooth wethers 14s Id, 120 m.s. lambs 10s Sd. 112 f.m. ewes 9s 2d. 33 fat ewes 14s fid. 100 fat and forward lambs 11s Id. 72 failing ewes 6s 3d. 46 fat wethers 13s. 213 2-tooth ewes ISs, 211 6 and 8-tooth wethers 16s. 595 2, 4. 6 and S-tooth ewes 21s fid. 34t 2, 4 and fi-tooth wethers ISs 3d, 464 4-tooth ewes 23s fid. The firm also passed: 200 2tooth wethers. IS2 2 and 4-tooth wethers. 106 2-tooth ewes. 86 2 and 4-tooth wethers, 155 ewes, 73 ewes, 623 2 and 4-tooth ewes. Wright, Stephenson and Co.. Ltd. —131 4-tooth ewes 21s Sd, IS2 2-tooth ewes 19s lOd, 71 6-tooth ewes 19s lid, 44 wethers 13s lOd. 115 s.m. ewes 16s 9d, 649 lambs 13s lid. 101 lambs 13s lid, 183 fm ewes 11s fid. 7 3 s.m. ewes 14s. 8 wethers 15s Id. 89 2. 4. 6 and S-tooth ewes 16s fid. 123 2-tooth ewes 21s fid, 7 3 2-toolh wethers 16s 3d. 98 cull lambs l Qq £}.j ewes 20s. 3-> rams 11s, 51 w ethers 19s fid. 45 2-tooth wethers 14s Sd, 137 lambs 15s 7d. 9fi lambs 12s 9d, 96 4. 6 and S-tooth wethers 21s. 33 2. 4_ and 6-tooth wethers ISs Id, 4 ewes 15s 7d. Henderson and Co., Ltd. —143 2-tooth ewes 21s 4d. 171 do. 21s fid, 17 do. 17s 3d 100 do. 21s Id. 206 m.s. lambs 12s fid 240 4. f. and 8-tooth ewes 18s, 120 m.s. lambs 12s fid, 100 wethers 16s, 147 ewes and wethers 17s. The firm also passed 500 wethers at 18s. National Mortgage and Agency Co., Ltd, —553 2-tooth ewes 21s, 20 2. 4, 6 and 8-tooth ewes ISs. 11l 6 and S-tooth wethers 16s. 76 merino wethers fis fid, 230 lambs 14s 3d. 420 do. LoS fid. 130 2-tooth wethers 14s lOd, 300 fi and 8tooth ewes 17s 7d. 30 f.m. ewes 9s Sd. 234 2-tooth ewes 20s Id. 731 lambs 1 4s 50. 1 47 lambs 10s fid, 25 ewes 10s 2d, The firm also sold the following cattle; 5 steers and a heifer for £2O, 4 steers and heifers £3. bull £7 10s. GRAIN AND FRODTJCE RETORT. Messrs Wright. Stephenson and Co., Ltd. report for the week as follows: Wheat; Threshing is now general in all districts, and samples are coming to hand freely There is a splendid inquiry for all descriptions from local millers. Fowl wheat is now arriving from Canterbury, and is in fair demand. Prime milling velvet, 4s to 4s Id: Tuscan, velvet ear and red chaff, 3s lid to 4s; best whole fowl wheat, 3s 9d to 3s lOd; medium;: to good, 3s fid to 3s Sd per bushel (sacks extra). Oats: Offerings of these are light in this district, but both merchants and millers are securing their requirements from the south, where growers are more Inclined to accept present prices. Prime milling Cartons. Is 9d to Is 9V4d; good to best feed. Is 7d to Is B%d; medium, from Is 4d per bushel (sacks extra). Shaft: Consignments of new chaff are now arriving freely, but this shows signs of having been cut too soon, and is out of condition. Prime quality is in good demand for local consumption, but medium has not the same attention. Prime oaten sheaf. £3 12s fid to £3 15s; medium to good. £3 5s to £3 10s per ton (bags extra). Potatoes; Consignments have been steady during the week, and prices remain unchanged. Taieri-grown are more in favour than Oamaru, which contain too many small tubers through the bulk. Prime table. £4 10s; medium to good, £3 15s to £4 5s per ton (bags included). | DUNEDIN MARKETS. GRAIN AND PRODUCE DUNEDIN, March 21. At last there is a little more life in the oat market, and a fair amount of buying has been done by local merchants to cover early forward sales to th(; North Island. There has also been a good demand for heavy, bright Gartons, suitable for milling. North Island buyers have displayed more inclination to inquire tor business for extended delivery.

but the values offered for this class of trade are not sufficiently attractive to bring forth a response from southern merchants. Consequently, not much new business has been put through on this basis The position to-day is rather a peculiar one, in that some local merchants are buying at a higher rate of values than the present outlook warrants, showing that they at least have more confidence in the future than North Island buyers. Prices range from Is fid to Is 7d, on trucks, for Gartons. and from Is sFid to Is BUd for sparrows. Consignments of chaff continue to arrive freel v. but as most buyers are carrying full stocks, the demand is slack. Heavv prime oaten sheaf, £3 Jss; medium' to good. £3 to £3 10s; inferior, £2 5s and upwards (sacks extra). Increased consignments of potatoes have had the effect of weakening the market There is no shipping demand. A * large proportion of the consignments carrv signs of the blight, and are not of good quality. Oamarus. U to U 5s per ton; medium lots, £3 to £.. 10s. CANTERBURY' MARKETS, CHRISTCHURCH. March 21. Usually March is one of the busiest months of the year, but this season the grain trade has been characterised by extreme quietness, and one might ea sl jY visit all the grain purchasing establishments in the city without realising that the threshing season is now' rapidly drawing to a close. The offerings of wheat and oats during the current week hav6 been of relatively small dimensions and in most cases it was apparent that growers submitted their samples “ , l uh a view of feeling the market t?,an of disposing of their stocks, and under the circumstances business has w „ extremely quiet. There is an unchanged demand for good sorts, but for samples there arc few moats there is a firm demand but damaged, discoloured and inferior samples are not sought after. inert, the current Tv aiimr 45s on trucks at country stations? 1 There is little inquiry from ° U T ittTe is being done in potatoes for forrecently- Farmers are indifferent SS. r .». to expect hW»r values later on. _ money and markets. By Telegraph—Press LONDON, March 20. The bank rate of discount is 3 per ce alnrt loans are discounted at 2>/6 per pent and three non.h.' tJIU. London, 2 1-16 per cent. . Paris, 2% per

cent. ; Berlin. 3% per cent. The price of consols and colonial stock arc unchanged. Copper: Spot, £6l3s9d; three months, £175 ISs. Lead, £l9 11s 3d. Pig iron, 50s 7d. Sugar; German, 9s 2d: first marks, 11s Id. The Bradford wool market is quiet, and prices are unchanged. The wheat market is steady, but inactive. The sum of 36s 3d is asked for New South 'Wales. Australian spot is nominally unchanged. The flour market is slow, and prices are unaltered. The oats market is steady. La Plata, March-April shipment, 14s 10 %d. Beans and peas are steady, but quiet. The butter market is very flat. Danish is unchanged. Colonial is in poor demand, and heavy supplies from New Zealand are not clearing. Choicest Australasian salted, 108s to 110s; unsalted. 110s to 112s; exceptional, 114s; secondaries, 102s to :106s: New Zealand salted. 109s to 112s; unsalted, 116s. The cheese market is quiet. New Zealand white, 62s to 635; coloured, 655. LONDON, March 21. Received March 22, 5.5 up.m. Hemp: The market is steady. MarchMay shipments, £26. Rubber: Para, 3s; plantation, 2s 5%d; smoked, 2s 6%d. Coprat The market is weak with small business doing. South Sea bags. MarchApril shipment, £25 10s. Cotton; March-April shipment, 6.69 d. Tbere is a slightly better demand. Rabbits: Prices are unchanged. CANADIAN TRADE. OTTAWA, March 20. Despite the monetary stringency. Canadian trade totalled 1,000,000,000 dollars for the year ended February, which, is the greatest in Canadian history. STRING FUR SALES. (Times Sydney Sun Services.) LONDON, March 20. Twelve million skins have been sold at the London spring fur sales for £4,500,000. A single silver fox skin sold for £440 sterling. TASMB THAN LOAN, LONDON, March 22. Received March 23. 12.10 a.m. It is understood that the underwriters received 75 per cent, of the Tasmanian loan.