COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13608, 30 May 1908, Page 4

COMMERCIAL

CLEARING SALE

The Canterbury l'arwt»' Cn-oporative Association. Iti, report holding a cfcariog G»k» «n account Mr William Shaw, at Farm. Cferaldtßr. on Thutntlay. Owing l» li»i» farm sold. r*vrv t»»t to come- under r.ho hanuuer was for r«» reserved sale. There mw a targe »tt<?ndanet» of buyer* pi>'s»fir. Competition wast very keen. ami a j:orapEpte flfarance was. effected at th* following qootatinn*: —6 and 8-toot£» *»«« in lamb l£ei sd; cows in profit and springing £5. £5.10* to £6. dry «:ows £3 to £5 10s; draught tiyacor £B. tine harrow.* £4 12s» 6rf. 3 t". plough £lO, disc plough £!,>. dii.ie har r»iws. £7 10*. Cambridge rotter £l2 15*. M. and H. binder £2l. t'arrn dr;»vi ill!.) to £l6.

PROPERTY SALES. ■ SLuxns C»ttinne?s and LeCren, Ltd.. <rt faldiney report, the foflowmg .saktv:—Ac count ,1. W. A>hby, s>h«p |>r»> • p*rty at Capts. Valley, uomprining IdoO acres, l.r.p. to Mr A. I*. Barklie, <!e raiding.For Mr tieorge- Evans. 260 a»T*.« at Woodhtrry. to Mr L. R. C'orsf>i*\ Four Pnufc*. For Mr E. Bingham. 990 m-iv* »t Fairly, tot Nlr .1. Connolly, jnn., Oraiding. This L<» . particularly good farm ronipriwing rich agricnitnral and grazing land. FmMr .1. T. Meredith, t Uraldin** U>rough. |-acrev mgethfr wit It 6n>om»*d limine, stable.*, i'ti'.. to Mr K. Storw-hrrtnsev t Jenildietl-. For Mr M. Harper. Lsuh<iivii-,it<rii, of bb agricultural t';t mi at Wood busy, as follows r —llo acrt'-A ti> Mrs Tait. Wnodbory; 50 acn-s ['► -f. Fitiftd. Woodbiuy : SO acre!* to H. Cooling. ■ Wn*«tt>uty : 50 acrest to .1. Vance. Woodbury : 50 ari-tti u« A. .f. Cooling, Woodbury.

TIMARU GRAIN MARKET. Wheat.—TFie recent drop in the price of flour locally and the- intormatmn chut some 10,000 to 12,000 tons of Hoar utv shortly to be landed in the Dominion from Australian portsr has had a depressing effect on the -wheat market here, with the result that no sales of any consequence have been reported daring "the week and th« present quotation of 4s 6d is merely % nominal one and cannot be taken as ;b criterion of actual values. In conversation with a reporter yesterday a grain merchant stated- that at present, in spite of the cabled quotations being in th« neighbourhood of £lO per ton. Hoar conld t>purchased in Melbourne at £8 12.s 6d. Freight to the main ports of New Zealand he set down a* 12s 6d and dnty £l, making the landed coat of Melbourne Hour in the chJef port* about £lO S»: and seeing

that New Zealand Hour was now quoted at £ll 10s it wast apparent that there was a fair margin of profit for importers. But what lie, in common with others, could not understand, was that, wheat was quoted at 4» 6d or thereabouts, in Melbourne. and yet flour in that city was cheaper than "here. He thought the difference might bet accounted for by cheajter labour and by better prit-> for bran atul pollard on the other side. Gate. —Ua lions are quoted at. 2s 4d and Duns up to 2s 6d on trucks at. country stations and a moderate amount of export business at these prices is being done. Potatoes. —£5 Isc» to £4 on trucks at country stations sacks in. is the present region of print; for tuben-..

THE CHRISTCHURCH MARKETS. j Per Press Association. CHRISTGHURCII. May 29. Tilt- wheat, market i-s lifele.-s at present : buver.s haw assumed an indifferent attitude, "and were only offering 4s 6d t'»i any lots« submitted, while glowers are not prepared to accept less than the rate i tiling lifliDc 1 weeks" hack. si> that' no liuniuf'' is eventuating. Australian tlour ;t> still coming in. the Maitai •» h.r last- trip from Melbourne having brought 3298 sacks. Southland is supplying the coastal and Australian demand for oats as no sttpplkn are available locally at exporters i,rii>n- Potatoes are duller of sale and lower in price as there is less demand for coastal shipment. _____