COMMERCIAL

Southland Times, Issue 18618, 16 August 1919, Page 2

COMMERCIAL

SOUTHLAND STOCK AND PRODUCE MARKET. TIMES OFFICE, Friday, August 15. The stock market is still showing a hardening tendency. The demand for good quality sheep and cattle is very keen, but poor quality stuff is difficult to sell. FAT CATTLE.—There is a shortage, and exceptionally high prices are being realised. A line of extra prime bullocks was sold this week at the record price for the Wallacetown yards of £3G. Prices may be quoted: Prime bullocks from £23 to £26, medium weights £l9 to £2l, light and unfinished £ls 10s to £l7; prime fat cows up to £2O, medium sorts £l3 to £ls. STORE CATTLE.—There is still a good enquiry, although prices at this week’s Wallacrtown sale were hardly up to previous rate!;.- The large yarding and the rough weather doubtless contributed to this. Prices: Two and a half to 3-year-old steers £lO 10s to £l2 10s, 18 months’ to 2-years £7 10s to £9; m.s. yearlings £3 10s to £5; calves £1 10s to £2 10s; empty cows and heifers £7 10s to £9; good dairy cows to £2O, medium £l3 to £ls. FAT SHEEP.—There is a fair demand, and prices are on a par with the last quotations. STORE SHEEP—There is a keen demand for all classes, prices showing an advance of from Is 6d to 2s per head. Values are: Good 4 and 6-tooth ewes to 395, 2tooths 33s to 355, sound-mouthed 31s to 335,- good m.s. hoggets to 325, medium sorts 24s 6d to 275; 4 and C-tooth wethers 35s to 375, 2-tooths 33s to 355. OATS.—The market is quiet. Practically no business is doing with farmers who in most instances are hanging on for much higher prices than are being offered by buyers in the north. Local merchants are willing to give from 3s 6d to 3s 8d on trucks, but practically nothing is being secured at these figures. CHAFF.—There is little doing. Prime quality is worth £5 10s to £5 15s on trucks at country sidings. POTATOES.—The market is very firm for both table and seed. Prime tables are worth £9 10s on trucks. HEMP.—The London market has a firmer tone and it is expected that the new season’s hemp may be worth from £2B to £3O on trucks for low fair, but so far neither millers nor merchants are disposed to make forward contracts.

RYEGRASS. —There is still a good enquiry for heavy machine dressed seed, but there is very little surplus of this quality on the market, as most merchants require what they have for their retail trade, farmers’ samples are worth from 3s 6d to 4s 3d according to quality and weight. CLEARING SALES. AT HORSE SHOE BUSH. Messrs Wright, Stephenson and Co., Ltd,, report having held a highly successful clearing sale on account of Mr Dougald McKenzie, of Horse Shoe Bush. Everything brought under the hammer was in tip-top > order and very satisfactory prices were obtained. The following are a few of the principal sales: — Sheep.—3oo 2, 4, 6 and 8-tooth ewes at 36s Od; 38 ewes at 245; 63 hoggets at 25s 9d; 62 wethers at 2&>; 29 ewes at 10s; 100 wethers at 36s 2d. Cattle 30 m s yearlings at £4 17s 6d; dairy cows at £l9 os and £ls; 3 cows at £7 15s; 1 Hereford • bull, 19gns; 8 heifers at £lO 10s; 8 do. at £10; 6 do. at £9. Horses.—l 9yr-old gelding, £25; 1 old gelding, £46 10s; 1 6yr-old gelding, £37 10s; 1 Syr-old gelding, £32 10s; 1 aged mare, £25; 1 hack at £lO 10s; 1 hack at £ll 10s. Implements, etc.—Tyne harrows £6, cultivator £lO, ridger £2O 10s, scuffler £9 10s, disc plough £l3 10s, d f plough £lO, roller £l3, lime sower £l3 ss, drill £l7, binder £2O, At mokoreta. The National Mortgage ami Agency Co., Ltd., report having held a most successful clearing sale at Mokoreta on Tuesday last, on account of Mr 3. Bews. Despite the adverse weather there was a good attendance of buyers. The demand for the horses and cows was keen and high prices were realised. The following are the principal sales: — Horses.—At £3l, £29, £25, £24, £22 10s to £l4 10s; hacks £l2 10s, £lO. ■ Cattle.—Bull £l2; dairy cows £lB, £l7 17s Od, £l7 10s, £l6, £ls; 4 steers at £5 10s, 30 steers and heifers at £4; empty cow £5. Sheep.—263 2. 4, and 6-tooth withers at 30s sd, 91 2-tooth ewes at 29s Bd, 217 ms hoggets at 28s Id, 59 f and f m ewes at 20s 6d, 217 2-tooth wethers at 22s 9d, 109 m a hoggets at 22s 7d. Implements, etc. Waggon £49, lime sower £25, roller £2O, gig £lB, dray £ls, buggy £2O, scuffler £l7 15s, grubber £lO, plough £ls 10s, harrow? £4 10s, drill £ll, harness £6 10s, 5 stacks of oaten sheaves £lOl, and a quantity of sundries at full market rates.

WVNDHAM STOCK SALE. Messrs Hunter Bros, and Rice report having held their usual fortnightly Wyndham sale on Thursday. There was a very large yarding of both sheep and cattle, and we were able to dispose of all our yarding at most satisfactory prices. Wc effected the following sales ;■ — Sheep—Account clients, 73 hoggets 16/10, 170 hoggets 25/3, 89 f.m. ewes 11/6, 20 forward wethers 31/(5, 95 hoggets 23/3, 70 fonvard wethers 30/5, 407 2th ewes and wethers 24/2, 328 hoggets 23/1, 28 fat wether? 42/2, 59 4, (5 and Bth ewes 28/4, 169 2th ewes 28/6, 231 2th ewes 30/2. Cattle- —3 springing heifers £B, 4at £lO, 3 at £7 17s 6d, 8 calves £4, 2 dairy cows £l2. 2 at £7 15s, 2 at £l4, Previous to tlie stock sale we sold the following on account of Mr John Branigan: —3 bay geldings at £lO 10s, £25, £25 10s, chestnut mare £ls, hack gelding £D 15s, d.f. plough £l2. Messrs Wrighl, Stephenson and Co., Ltd., report a large yarding of sheep and cattle. Bidding was not so brisk re at the last sale, hut fair business was done. Sheep--Wo sold on account of Mr C. Milne, Kdcndale, a fine lot of 730 4, 0 and Rth Romney-cross ewes at 30/- to R. Weir; F. O. Cook, 56 m.s. lambs at 19/-; S. Ladbrook, 23 lambs at 7s; J. S. Lament, 31 •Mves at 7/-, 34 lambs at 8/6; A. H. Hiddlestone, 34 lambs at 11/6. Cattle—-Account Mrs Rule, 2 empty cows at £8 15/-, 3 clair/ heifers at £6, 2 calves at £2 16/-; R. Bolting, steer £B. 'The National Mortgage and Agency Co. report There was a large entry of sheep (mostly wethers and hoggets) and the demand was fairly good. No fat cattle came forward, but a big yarding of young cattle of mixed breeding, which was hard to sell. Following are our sales:— Sheep—6B 4, 0 and Bth ewes 30/4, 23 f. and f. ewes 9/10, 42 sound do 23/2, <4 m.s. lambs 23/7, 217 do 27/1, 263 wethers passed at 28/-. Cattle —Heifer £B, 5 calves £2 13/-, steer £0 2/6, 6 dairy heifers £9, 6 do £S 8/-, 4 do £B. Pigs—B at 80/-, 1 at 27/-, 1 at 26/-, 1 at 25/-. Henderson and Co., Ltd., report a fairly large entry of sheep for this time of the year. Buyers were not very keen, but we disposed of our entry with the exception of a couple of lines of wethers. We yarded just on 2000 sheep and topped the market for hoggets at 27/3. There was a fair yarding of all classes of cuttle excepting fats. Nearly all the lots were disposed of at satisfactory prices. Our sales were as follows; Sheep—333 hoggets 10/-, 322 do 21/-, 120 do 19/6, 49 do 27/3, 19 do 20/-, 43 ewes 14/0. Cattle —20 steers and heifers £4 5/-, 19 steers and heifers £5 7/-, 8 steers and heifers £4 4/-, 6 steers and heifers £4 9/-, fat cows at £lO 12/6, £9 15/-, £8 10/-. cow at £7

12/6, steer £9 5/-, 26 calves £2 13/-, 8 do 27/-,. 2 do £3 5/-, 2 dairy heifers at £l2, ’ dairy cows at £l2, £ll 5/-, cow £4. Pigs—2 at 24/-, 21/-. CANTERBURY REPORTS. (Per United Press Association.) CHRISTCHURCH, August 15. The principal business done by the larger firms during the week was the booking of irders for snring sowing received from visitors to Christchurch for the holidays. Bookings have been fairly large for grass ■ecd and clovers, showing that there will be a fairly large area sown down this season. The indications are that there will be a much smaller area sown in grain than we« the case last year. The oats and chaff markets show practically no change since the last report. The fine weather now being experienced and the hope of an early spring has relieved anxiety for the time being regarding feed in the near future . There i« a better demand for potatoes without any change in prices, which range from £7 15/-, to £8 at country stations. There is a scarcity of offerings of red clover and the price to farmers is from 1/6 to 1/7 according to quality. White clover is still worth 1/4 to 1/6. Linseed is very firm, there being little offering and 26/10 is now being quoted to farmers. Onions are rather firm and arc worth £l2 to £l2 10/- at country stations. AUSTRALIAN MARKETS. SYDNEY, August. 15. Oats.—Algerian feeding, 5s fid to 5s 8d; milling, 5s 9d; Tasmanian, 6s 3d to 6s fid. Barley: Cape, 5s to 5s 3d. Maize, 7s Gd. Potatoes: Tasmanian, £lB. Onions, £l9 to £2O. ADELAIDE, August 15. Oats, 4s 8d to 4s 9d. i MELBOURNE, August 15. Barley: English malting, 5s 8d to 5s 10(1; Cape, 4s 3d to 4s 6d. Oats; Algerian milling, 6s 2d to 5s 3d; feeding, ss. Potatoes, £l3 10s to £l4. Onions, £l7 to £lB. The hides sales were very firm. Super stouts advanced a farthing, and kips a halfpenny. LONDON WOOL SALES. LONDON, August 13. _ At the wool sales there is keen competition, and pricej are harder all round. America and France operated freely. TIN PRICES RECOVER. LONDON, August 13. The recovery of the prices of tin is attributed to American buying.