COMMERCIAL.

Timaru Herald, Volume XCIII, Issue 14353, 19 November 1910, Page 5

COMMERCIAL.

LONDON GRAIN MARKETS. j Press Association —By Tel.—Copyright. Received 7.45 p.m., Nov. 18th. . LONDON, Nov. 18. The wheat market is steady but inactive, closing very firm oil adverse rumours regarding the Argentine crop, and higher American quotations, and reports that farmers throughout j the world are disinclined to sell. A cargo of Australian was sold at 3os Gd; holders are asking 36s alioat, 35s and 33s 3d has been paid for parcels of NoTernher shipment. There There ig a uery limited demand for spot Australian at about 36s 6d, New Zealand best 32s 6d to 33s 6d, inferior 30s. Flour is in poor demand;'patents at 26s to 26s 6d; cm spot, 24s 6d to 24s 9d c.i.f. Oats are quiet. Gartons, 17s 6d to 19s 3d; sparrowbDls 17s to 18s; La Plata November-December, 12s 9d. Barley is in fair demand; Cnevalier 28s to 31s. THE WOOL MARKET. The Bradford wool market is quiet, and prices unchanged. The Antwerp sales closed with prices irregular, and about five per centum below the September series. Six thousand nine hundred bales of La Plata were offered and 2939 sold. PRIVATE ADVICES. Dalgety and Co. have received the following cable from London, dated Thursday:—"Wool.— At the next we expect no material change in prices. The dates of our own sales are 23rd and 30th November and 2nd December. Frozen meat is in _ limited demand at unchanged prie'es, except Australian mutton, the prices of which are lower by id to iM per lb since our last cable. There is a better demand for frozen, beef, for which prices are higher by $d per lb." PROPERTY. MARKET. Messrs Guinness and LeCren, Ltd., report the following additional land sales in the Waimate district:—Account Mr Patrick Murphy, 61 acres 3 roods 32 perches, freehold, with buildings and improvements situated at H unter, to Mr William .0. Giles. Account Mr Jolui P. Rivt, J-acre section situated in Rhodes Street, Waimate. AcMr John P. Rive J acre section srtution situated in Belt street, Waimate, and in conjunction with Conway Matson and Sons,, acoount Mr Harold H. Fisher, 1494 acres small grazing run with buildings and improvements, situated at Clarkesfield, to Mr William N. Seay. CHRISTCHURCH MARKETS. Per Press Association. CHRISTCHURCH, Nov. 18. The demand for wheat for shipping has now been satisfied, and the only buyers in the market are local millers and merchants, though there is not a keen enquiry. Millers are prepared t-a take any suitable lots offering. Since the rain growers are inclined to offer a little more freely, though there is no great quantity on the market. For damaged wheat there is no demand except for fowl feed. Oats are very firm in consequence of a. good demand from the North Island. There are, however, practically none offering locally, and any lots that have been for sale in the country have found buyers among farmers who were short of feed. Chaff is also very firm, and no great quantity is offering. Ryegrass is still in good demand, and all hopes of securing anything like a crop in Canterbury have been given up. The dry season is likely to, affect the cocksl oot crops on the lower country on the Peninsula, but on the hilltops, which get the benefit of mists, the crop promises to be very fair. CHRISTCHURCH WOOL SALE. The wool sale was concluded to-day with star lots. Merino brought 7Jd to 10d, halfbred Sd to crossbred 6Jd to 9Jd; threequnrterbred 7d to 9Jd; Corriedale 9id to lid; longwools 7Jd to Sd; Down wool Bjd to IOJd. i The Lawrence-Kennedy-Gillies milking machine is still giving every satisfaction to users, and we are receiving most favourable reports from all quarters. Mr R. Duff, of Irwell, Canterbury, writes to us:'"l have pleasure in testifying to the splendid work of the L.K.G. milking machine. After two years' experience of the L.K.G. machine I am absolutely convinced, that the machine milking is superior to the hand. Since the machine has been installed I have no trouble with sore teats and defective udders. The Machines obviate tin's, and my tests ::re maintained equally as well as when milking by hand, and the amount of labour is reduced to about one-third The cost of running my three machines and oil engine, milking 70 cow« is ex ceptionall.v small." The dairy farmers cannot afford to be without one of these plants as thev are not on,y labour savers but money makers, lor further particulars to J. B MacEwan and Co., Ltd., Dunedin;..