COMMERCIAL.

Temuka Leader, Issue 5824, 1 June 1909, Page 1

COMMERCIAL.

TIMARU MARKETS

\ cry eunsiderablc exports business has been done in wheat from Timaru, and further large deliveries will be made within the next fortnight. The market is firm at -1/1 to -1/3 f.0.b., sacks extra, and owing to the strong cabled reports from America, farmers arc not at all keen to sell. The above ']trices may be taken as value for any quantity required. The market is very sensitive. Tor fowl wheat order’s are being bookad at up to 4/1 f.0.b., sack's in, for North Island trade. In oats, also, extensive business is being done to the United Kingdom. Freight room is wanting for the moment, but it is understood that plenty will be available soon. Values remain very Jinn ; A Cartons 1/11, B Gartans ami Duns 1/9, Danish 1/8, f.o.b. sacks in.

Tire price for potatoes has hardened, and in consequence of insistent reports of blight, farmers will not offer in any quantity. At the same time, buyers are operating cautiously, as in some instances potatoes have come to hand in very blighted condition. and as storage room is scarce they cannot he dealt with satisfactorilv.

Tin; market is stagnant for barley, with practically no inquiry, the ghristgilurch .marketd. CI!KIETC'IIEUCII. May 2T Thu past week lias locally been the busiest in shipping grain since the days w hen when I.growing was a .much more important business than it is at present. There has been a rush to fill May charters, and there has been a large turnover of merchants’ stock to till the to[iiirements of shippers. Very little wheal or nuts lias been purchased from farmers, as the. latter are holding wheat firmly for higher prices than exporters would give, ami immediate delivery was, of course, required. Wheat has also been olfered more cheaply by holders in Timaru than could bo purchased locally by Christchurch shipiKM's, and consequently there has been no disposition to make any advance upon the ruling price of -I/- at country stations. Tor a spccial'ly good line 1/1 was offered, but was refused. Eor oats there Ims been an active enquiry during the week for shipping purposes, but no advance in price is reported, and as in wheat the turnover has been between merchants. 'Potatoes arc rather •easier, as growers have been offering .more freely, and acceptin'.;’ (15/- at stations. 'Tim onion market is now dull, as North Island supplies, which ImveUyvn held bach, are now coming forward. CLEARING- GALES. Me-srs Guinness mid l.rCren reporthaving held a very successful clearing sale cm triday on account <>f Mr IE M. Reeves. Carew. The attendance of fanners from the surrounding districts was verv good, and competition throughout the sale very keen,' the result being that every lot was el-.‘ar-

-d ai satisfactory prices. The follow, ing are some of the principal sales: - Sheri: H 7 ill fee and four-shear three i|Uartei’bre I ewes 15/1, do crossbn d ywes IT il, 7 s do liall’bred ewe-, l-l/b, (jo jiuve-qiial'tei bred ewes 7/-, IP merino ewes 5/2, f(l do. 5 (I, |U*7 tat lamb- I 1 /!>. If. do 11 b. bA do I A -'-. HE do IA/-. 51 do lA/-, 117 wether lambs s/2, 25 cue lambs I I 111, sA do DIM, 2A fat ewes !)/-, IP cull lambs sd. Horses Mares, lyrs CIA 10/-, Lyrs L’Ati, aged L’K : gelding s 7yrs CA7. CAP. I‘2'w L’2f. 10/-. C2ii ; harness gelding, 7yrs, CM, do aged .CM IP'-. Impleiuenis— ( Hgs CIA 10/- and IM I . spri'i"- cart Lit HI/-, tip-dray ,L’() 10/-, wool press CIP, Gambridgv roller Clls IP/-, d.f. ploughs C'.l and I'l2. disc I ! lie h L'l’J, broadcast seed sower CM. I''i 111 • i:i grain and manure drill C’2 ;| 10/-., travelling lint AH. A large quantity of mraihire and sundries were sold at. full market rates.

Tin' Canterbury Farmers’ Co-opera-tive Association report havinn: held a elcarinw Ia In of live stock and farm ’mnlenvents on M ednesday. on ;>eemnt if M r V . T, rran I . C nriKa. 'I lili at e.e : 'nee of buyers was larn'e, and a iple:ld 1 d sale resulted. Lorly-Ove dairy e>ws sold at prices I'anniny from Cl 17/(1 to L’S 7/0, sprine'imj; heifers Cl 17 • to CO Hi veai’limr sta rs an I I mile i s Cl ]•_>/-' to' ,C2 1 I/-, draimhi h rses C'Jll 10/- to C LJ. ILdit horses Cft to Cl I, sows in pin' til 7/0 to Cl 10/-. Implements and sundries w re all dleared at full marked values. HOKSh! SALKS. the Canterbury I’arimT.s’ Co-opera-tive Association report on the horse -al ■ at Tattersall’s yards on Saturday as tollows ;—Tin; entry eompri-ed 01 horses, mostlv yood staunch sort.--. There was a nood entry <>f yonim ones, and the demand for these was in excess of the enti'v. several One yoiiny draiiyht-' I'nidiim buyers at particularly nood prices. Mi' ( leo. Sullivan I Ivdemlale’l sent in la mares and. v/a ■bl fll and the pick of this hd real i :ed cji C‘io, c.'iii. ,c - ji. cmu. c:C), ■C'_M. Ai’d, ami Aid. 'Three from Mr W, I Hi. ■l A farm 'at Allmry went at. C’JO. TIC and CIO Id/-. Other van inn liranj-l)! •II utl \ arioils sellers sold et CTI, C-17, and .CIO. Anted and stah' dram.,' h t ie . I:. I Cld to Cl .V I far ness horse-' sold at .CD' DC- o, CAT hacks CO td -Cl I. lIOMK M AUK 1/1 " I.ONDON, Mav / ■ Wheat The markets are uniel and fence-; ere harelv mamtane-d ; 1)0 to le js a Ic'd fiir \ll -■ tra ba n ••! I ■■■ eislr '7 for d a nn.i rv -1 .rnary -T 11 en.-n f- '. t| (o 1.7 for Lebrna rv, March, a. ml \ ; li I hi | 'limn ts ; •! |/- to (I /0 to Iha. ami .! 1111 ■ smillm. ■ll i 111 1 I■' i i C "'ll ■" . Si n a !. ,1 are »n.a-a a i CO l-T mi is (irm : \n-( ralian 1 r I l"u I" ill . in Ola -IV, it:*, li. The ..111 1,1 Ilia I!, e| i Vide. ea : a e| v |io.,r d' rnand. Da m h I L.’ a, If! el,i m V ( \ a .ISi 11 a ."I- ' lee . \i, ie 1 DC to Id I . i ~ i 11 (I, Tl'" lina-iian C i .! ■ ;a *;,! v' ■ - 7' i | tin nm ) ie; !■ -■! I : . ei-ei iit < e .’f ' Mi!!- r ami ILL • 1 ■ or,, due.- !i r' Ii . e. Ce’ I -a mled lm -t .mm lln i■ - m", ha' e o-eelv ,-d a dividend ~f 17 0 in th- C. Tho

dalor announced that certain creditors 'till receive the full 20/-. Probably tiie assets will allow the payment of some shillings to preference shareholders.

The sum of TSUO.uIHI ,»£ the New South Wales loan has boon subscribed, and the underwriters stare that there will be no ilithcuUy in placing the balance. NEW YORK, May 2>. Tlie six iirrns which comprise the Chicago Meat Trust have again raised prices L.pl to 2d per lb. .Lamb chops are selling at 1 e.UI per lb, and many small retailers arc closing their shops. Tire poorest people are unable to but’ meat.