COMMERCIAL.

Taranaki Daily News, 20 December 1924, Page 9

COMMERCIAL.

CANTERBURY MARKETS. By Telegraph.—Press Assn .--Copyright. Christchurch, Last Ni«ht. Growers are showing some anxiety to trade ir. wheat. In such cases they are prepared to accept 7s a bushel, but millers are not yet buying on this basis. They very mucSi t\ish to, as the price would ensure a good area being sown next season, but with the menace of Australian flour being dumped on to, them they feel that their hands are tied. Last week’s Quotation from Melbourne was £l5 12s ttti a ton for local consumption and £l3 15s tor exjiort. Millers are anxious to buy it i< they only knew where they stood. Merchants, moreover, are standing right off under the present uncertainty and they are not likely to sink money In wheat at 7s a bushel and hold it for a few months as millers require It, to make perhaps «d a bunhel. A definite Government, prtmoumce-

meni regarding Imported flour would clear the way for operations in the Coming crop. The forward oat market is dead. 3s 6d f.o.b. sacks in being the general Quotation, whilst a certain province will be heavily supplied with Algerian oats if they are threshed. There is no suggestion that white oats will be in such abundance.

A few sales of the new crop of ryegrass have taken place at 5s 3d f.o.b. sacks in, old stuff being handled at 5s 6d. Bust has got into the ryegrass in a number of districts, and this may effect the yields. Cocksfoot and clovers are not being discussedThe potato crops generally are looking but a snell of warm, dry weather is required to steady the growth and give the tubers a chance. Farmers would be prepared to sell at , £4 on trucks for the main crop, but £3 15s is the limit of offers, and this figure Is too low for business. AUCKLAND SHAREMARKET. Auckland. Last Night. Stock Exchange sales.—Soldiers’ Bondflfe £lOO ss: Dominion Pictures (pref.), 20s; Sanford, Ltd., (ex. div.), J6s 6d; Wilson's Cement. 28s IM; Zeehan Consolidated, sg; Kawarau, 20s. 1 TARANAKI STOCK MARKET. The New Zealand Loan and Mereantfl* Agency Co., Ltd., Hawera branch, report as follows At Hawera on December 18, we had a good y'ardin|g and report a total clearance at satisfactory prices. Quotations: Fat cows, £« to £7: fat heifers, £8 6s: fat cows, £3 10s to £5 ss: works cows, £2.15s to £3 15s; woi;k&. bulls, 42 4 to £5 155.; 2-year steers, £4 16s to ,£4 18s: 2-year Holstein heifers, r.w.b., £3 9syearling. Jersey cross heifers, £2 10s; others, £2; fat and forward ewes, 275; cull ewes, -7s Idj'&ore pigs, 375; weaner pigs, 295. * , ,At.. Elthan\ on ’ Dcoepjbler 17,. we had e-fat-yarding and report as follows:—Fat *>wt, £6 10s; forward cows, £3 12s to £5; works cows, £2 10s to £3 ss: works bulls, £5 5s to £7 IDs; springing* heifers, £2 l*os to £5 10s; ewes with lambs, 275; 3-year steer* £« 4s. TARANAKI MARKET REPORT. The Farmers’ Co-operatjve Society report!-*-At Manaia yards on Tuesday wa held outfortnightly sale. A good (entry of forward andfat cows was yarded, and the whole yarding met' ready sale at satisfactory figures. Heavy fat cows £7 5s to £7 16s, good forward cows £s'-’ss -t<i £6 2s, youngish store cows £3 12s 6d to £4 17s, works bum £5 5s to £5 10s. At Manaia on Tuesday, after the stock sale, we held an auction Ideating sale of furniture, etc., on account qf Mrs. Reeve. The attendance was dot big, put buyers were pre-» sent out for business, ai|d prices were satisfactory throughout the safle. Messrs. Newton King lltd. report:—Koburatahi - sm(e, 17 :| We report a fair yarding of both sheep apd cattle, tlie whole of which was cleared under the hamm r. Quotations—All sheep shornl two-tooth wethers 294 6d to 36s 3d, W.s. hfggets 28s 6d to 325, fat and forward wethers 35s 2d, m.a. ewes 27s .4d, : store cows £3 fes to £4, bulls £2 10s to £3 Is, bullock £i, yearling steers £“ 17s to £4.