COMMERCIAL.

Timaru Herald, Volume XCIV, Issue 14360, 4 February 1911, Page 3

COMMERCIAL.

.. THE LOCAL MARKETS. Business on the local grain and pro. duee markets has been of a niuct nature during the past week, ihare is plenty of grain on sale, but iarmeis generall'v, consider the prico onering by millers and merchants is too low, autl tliHv aro therefore not showing anv very keen desiro to sell at. present. A lot'of grain has been threshed from tho stook, and all that has come to hand so far has been m excellent condition. For prime milling Velveo up to 3s 3d is offering, wliila Tuscan and lied Chaff onlv command 3s Id to ds 2d on trucks, Tima.ru. There is very little business passing in. oats awl values remain at Is 9d to Is H» per bushel, on trucks. Potatoes aro coining to hand freely, and they are being retailed ut from Jd to id per lb. PROPEKTir~MARKET. Guinness and LoCron Ltd., report tho following additional laud sales in the Wuiumte district:—!• or Mr Alex auder F. Forsvtk, 892 acres 1 rood JO percihe.3, freehold farm at Bakateramea, with residence and farm buildings with 400 acres leasehold grazing oowitrv, to Mr John Baikie. Jur Air Alexander F. F. Forsyth, 902 acres small grazing run, s:tuated at rlakateramoa, to Mr David Samson. I'or Mrs N. Cremin, 8 acres 2 roods K» perches leasehold, ivitli dwelling and improvements, situated on feoudi ttoau, Waimato, to Mr William *.J>>l«t». *<»' Messrs J. W. and J. H. B.ckley (ra conjunction with a southern agent), 233 acres 3 roods 39 perches freehold, with dwelling and improvements, situated near lnvercargiU, to Mr James I. Stewart.

PRIVATE CABLES. DaWtv and Co. yesterday received the following cables dated , London, Thursday.—"Rather better demand for frozen meat. The market for frozen mutton is rather easier, but there is more disposition to do business at the decline. The market for frozen lamb is weak, but without quotable change. Stocks of Australian lamb are accumur latii" There is a limited demand for frozen beef. Prices of Australian beef are higher by id to id, owing to small supply. Stocks of New Zealand beef are exhausted." The New Zealand Loan and Mercantile Ageuev Company have received a cablegram from their London Office, dated Ist February, to the following effect:—"Wheat.—We quote A « s *™- lian cargoes of wheat c.i.t. at 3os bo. The quotation is only nominal as there i= very little demand owing to increased supplies. The market is likely to decline. Nominal quotations for New Zealand f.a.q. wheats c.i.f. are longberried 31s 3d, short-berried 30s 9d per quarter."