COMMERCIAL

Timaru Herald, Volume XIIC, Issue 13808, 20 January 1909, Page 5

COMMERCIAL

THE RUSSIAN ID AN. Press Association-By Telegraph-Copyright Received 11.16 p.m., .Jan. 19th.. LONDON, Jan: 19. The British portion of ; the Russian loan was subscribed several fold.. The scrip is now quoted at one-quarter premium. Per Press association. STRATFORD, Jan. 19. The wool and hides sales to-day were larger than usual. ; Air Newton King's catalogue included 2062 hides, 43 casks, and 60 tins of tallow, 5778 calfskins, 5832 sheepskins, 202 bales and 362 sacks of wool, p Hides are firm. r FEILDING., Jan. 19. In several instances in; the Feilding district the wool clip is' much larger than was anticipated. In one case a runholder shore 200 less sheep, hut obtained more -wool. Sheep farmers are crediting this desirable state of things to the 'mildness of last winter. The export of wool and stock;from Feilding promises to bo a record, j SOUTHLAND WOOL SALES. INVERCARGIIiL, Jan. 19. For the second Invereargill wool sale to-morrow 10,137 bales have been catalogued. The quality and condition aro generally better than tile wool offered at the January sale last year, though buyers complain of a- falling off as compared with the wool of a few years' back.

CHRISTCHURCH GRAIN MARKETS CHRfSTCHURCJrI, Jan. 19. The outlook, so far , f as tlie weather is concerned, is now much more hopeful, the storm of Inst week having Apparently brought about a change for the better. A few line! days will enable farmers to set in some; of the grain still in stnok, and to ir"ke;-*>- s+art ii"on tlio standing crops. The;bulk of the hay that has been out in rthe weather will be considerably depreciated in value, and grass seed is sin-'- to be discoloured. The only'offerings in the market during the last few days have been of grass seed, lint it was either light or off colour. ; Until the new grain comes forward 1 , it does not ap-' pear as if there will be any business doing unless millers rim short of stocks, as the wheat harvest will be delayed longer than was anticipated.