COMMERCIAL

Timaru Herald, Volume XC, Issue 13299, 30 May 1907, Page 4

COMMERCIAL

SKIN SALE. _ The fortnightly skin sale was held yesterday. There was a good, attendance of borers, and competition was keen throughout. The following prices were realised: —Skins—l-bred, 4s 9a, 5s to 5s lid; per ib B£d to B|d; 3s 6d. 4s 9cl, .5/ 2.1 to 5s 9d; crossbred, 4s 3d, 4s 6d, 5s to 5s 3d; at per lb. 6%d to 7|d. Pelts, 7d, is id. is 6d, 2s 6d to 2s lOd. Wool—Dead, trimmings, 6d, : 6,Jd, 6|d; bellies and pieces, s£d; locks, l£d. A quantity or horsehair was sold for Is 8d per lb ; and fat realised 17s 9d, 18s to 18s 6d a cwt. . GERALDINE STOCK SALE. The entries at the Farmers' Yards yesterday totalled 7COO. Of the fat sheep s; considerable portion were not well finished, and these together with stores wer. l dull of sale, and a large, number of Icti were passed.. Fat lambs—Bo at 16s Bd, 85 at 16s, 82 at 16s Id, 73 at 13s 6d, 43 at 12s 6d, 114 at 15s lid, 121 at 15s 2d. 34 at 16s lid. 162 at, 16s 6d, 84 at 15s 10a, 350 at 15s Sd, 183 at 16s 9d, 83 at14s, 221 at 14s; store lambs—ll3 at 1C~ : 4d, 25 at 8s 6d, 11 at 8s 4d, 129 at- 9.i 6d, 10 (small! at 4s od; fat ewes—9s at 12s- Bd, 15 at 13s aid, 52 at lis 4d, 22 atr 12s, v*3 at 12s lid. 84 at- 13s 3d. 4o at 13s, 30 at 12s lid, 15 at 13s sd. 2o at 12s lid; fat wethers—l 49 at 16s sd, 6C at i6s; store -wethers—Bo 2-tooths at 9s 6d, 40 2-tooths at- lis 9d. Pigs—6 forward weaners "at 14s 6d.

ADDINGTON STOCK MARKET.

Per Press Association.

UHRISTCEURCH, May 23.

Sheep.—The yarding of store sheep wasa small one and made up of -wethers and lambs. The demand has. fallen off considerably on account of the rough wintry weather, tha only inquiry bsing for forward lambs. Thj follovring were the principal sales.—23s 2-tooths 12s 6d, 277 at ils, 50 at lis; lambs—l2s at 12s Id, 153 at lis Id, 401 at lis, 74 at 9s Id, 76 at 8s Id, 60 at 8s and 57 at 7s Bd. There was a large entry of fat lambs ,and of better average quality than of late, unfinished lots not being in such large proportion. Prime lots met with good competition and -were rather firmer, -while other descriptions showed little or no change. Tegs sold up to 21s 9d, standard weights 153 to 18s, light and unfinished lis 6d to 14s 6d. There was a mixed yarding of fat sheep, -which was much smaller than the previous -week. Prime sheep, both •wethers and ewes, eold at rather firmer rates, ;tnd other classes were well up to last week's prices?. The range of prices wins—Prime wetheis 21s to 26s Id, medium 17s 6d to 20s 6d. others 15s- 7d tci 17s, prime ewes 19s to 22s 3d. medium 15s 6cl to 18s fid. aged lis to 15s. Cattle—The supply of cattle totalled 2C4 Lead, only a small proportion of which was of prime qunlitv. Steers broncht £6 15s to £9 15s. heifers £4 17s 6d*"to £7 17i 6.1. cows £4 12s 6d to £6 15s. extra to £B, calves 5s to £2 17s 6d. A email mixed lot of store cattle met with practically un sale, and tha daily- cows were % moderates lot. the best price being £7 lCs.

Pigs—There was- a fair yarding- of pigs; bnconors and stores were rather easier, and there was no change in porkers. Choppers m:vi<* £C 1C? to £5 s'. baconers 48s to Lss, and extra heavy to 665. porkers 34s to 455.. targe stores 22s to 235, medium 16s to 20s. slips 11; to 15?. and wtaners fe ty ICs. DUXEDIX STOCK MARKET. DUXEDIX. May 29. s;heep—222o were panned, of medh-m quality, with few pens of prime quality wether? Owing to th? heavy yardrnqthere was a dragging sale throughout and price* for all class's receded from Is trr 1-; 6d on ln.it week's rate*. Quota tior.-; —Best wcth'Ts 23* to 2-'<. rvtr,i to ?'-■ 6.1. m-diurn from 19s to 20s 6d. light 13s to 15s 6d. extra heavv emv?s ■'• 245. <-"<•••! Ip» t« 2is, modiuni f o good 1-5* f o 19»j

Lambs—l2G3 were penned, made up of good quality medium weights, with several pens of extra heavy weights. The sale was erratic, some pens selling at quite "up to lata rates, others showing a slight decline. Unfinished sorts met. with a poor market, and it was with tin- utmost dif ticulty that a bid could b.* got for them. Quotations —Best lambs 18s to 19s, extra, to 20s 3d, medium lis to 14s 6d, others 9s to lis.

X'ig S —145 were par-led. This quality offered was not quite so good as last week': in consequence bidding was not so spirited and inferior sorts were extremely difficult- to quit, bnt fmt class quality brought prices equal to late values. Bidding improved towards the finish Quotations-: — tuckers 5s to 8s 6d, slips 9s to Its. stores to 235, porkers from 28s 6d to 4Cs, baconem 40s to 605..-heavy baconer.s to 675. choppers to £5 17s 6d. C a ttle—262 were yarded, of ./medium qualitv, nothing .exceptional .being, offered. Best- bullock;) sold up.to £lO.. medium to o-ood £9 ss, .light from £6 to £v. and best heifers £5.105-to.£7 10s. MARKET. . i Wieat—The market, is .unsettled. This has been .brought about, mora by'the scarcity of fowl wheat than of milling wheat. Millers are open to purchase any good to choice linos at. Quotations, but the local demand is chiefly for fowl wheat of which there is verv little offering. Prime milling is quoted at 4s to 4s 2d, medium to 4s, uhole fowl wheat 3s. ICd to 4s ; broken and damaged 3s 6d to 3s 3d ; sacks extra. Oafcs —Consignments are light and are mostly taken up readily for local consumption, "at prices fully equal to late quota, tions. Seed lines* are also readily dealt with. Seed lines 2s 9d to 2s lid,.prime milling 2s 8d to ;2s 9d, good to best feed. 2s 6£d to 2s Bd, inferior to medium 2s 5d to 2s 6d: sacks extra. ' BOOM IN WHEAT.

The wheat market is in a high state of excitement, and millers are eager buyers at the present high rates. The sale of a large line of milling wheat (mixed sorts) is reported at 4s 6d f.o.b. Lyttelton, this representing the top price paid up to the present. Other sales include lines of ■.-heat at 4s 3d (Rakaia). 4s 5d (Mosgiel); and 4s 7d (ex store, Dunedin). The sale of 600 sacks of fowl feed is also reported at 4s ex store '.Lyttelton). All this affords an indication of-the strength of the market, and shows that still higher price.? .-re anticipated- Already a prospect of a 5s wheat market is being actively canvassed, whilst doubt is expressed as to whether even then : tha top will have been reached. The New Zealand Flourmillers' Association to-day decided upon a further advance of 10s per ton in the price of flour. The revised tariff accordingly standi-—Sacks £lO ss. 100*s £lO 10s, 50's £lO 15s, and 25's £ll. The shipping ji-ice is now £lO f.o.b. and the Inyercargill price £lO 10s. The price of bran has also been advanced 5s per ton, and the quotation now stands £4 10s per ton for local orders, and £4 5s f.o.b. for shipment. The rapid advance in the price of wheathas caught many of the millers napping-. They aver that "with wheat costing them 3s 6d at the mill door (which represents to-day's quotation) they cannot afford t(i grist even at the latest advance in flour, the margin to cover the cost, of manufac-' lure being only something like 6s per ton. Consequently already one mill has closed down, and it i« cfuite, on the cards that three or'four other mill's may shortly follow, leaving the trade in the hands of these fortunate millers who hold stocks of wheat, and, consequently, are able to execute orders. ■ \ .