COMMERCIAL.

Timaru Herald, Volume XCVI, Issue 14922, 14 December 1912, Page 8

COMMERCIAL.

LONDON PKOI)UCK.MAUKETS. Press Association—By Tel.—Copyright, jfeeeivod H.l"i i).in., Dec. 13th. LONDON, Doc. "13. "Wheal. cargoes am steadily bold, and. 3IJ.S lid is asked for Australian Janu-ary-February. Australian on snot is dull nt 395, Now Zealand 3!)s to 39s (id. Butter is in brink demand. Danish. i'2!)s to 130s. There is a good demand l'or colonial, choicest Australian 1.1.0s to 113s, a low lots of Victorian 3205, .secondaries 108s to Ills, Now Zealand, practically exhausted, 120s to :i'2-ls, Siberian 110s lo 112s, Argentine "flls to 110s. Tho marked closed slightly below the. top pri'ees, uwiiiH to buyer.'; having lilled. their requirements. Cheoso is linn. Now Zealand 00s to 02s. In the Bradford wool market mei'i■jios are weak and crosi-breds very iirin. Sixty-fours 2'.)d, super 28(1, common Sixlys 27(1. OHRISTGTIURCH PRODUCE MARKKTS. '. Pun Pittas Association. /' CHTUSTCHURCH, 1),.;.. 1;! . There, is no clianyo to report in tlie 'Btnto of tlie main and produce markets. Tin* demand l'or wheat is confined ehiolly to I'carl, hut there have been low buyers oven l'or this variety. Oa,ts arc apparently not wanted at j>re.sent. Tho demand i'or grass seed depends largely upon the success of this season's burns in the North Island, and so far the. weather has not b<!on favourable for carrying out this .work. TJio _ prolimiitnr.v statistics of crops sown, in the Dominion this year showla rloereaso of 33,719 acres in wheat, 10,888 acres in oats, and about TjOOO sicroa in potatoes, an increase of about 0000 acres in barley. Thoso figures can, however, bo only taken as approximate, but tbcrro is no doubt that n decreaso in.both oats and wheat has taken place i DUNKDIN WOOI/ SALE. DUNKDIN, Dee. J3. For tho first wool sab* of tho seaBon, to bo held on Monday, 8721, bales have been catalogued, as compared ■with 6080 at tho eorrespondinn; sale last year. PRIVATE CABLES. The following cubic messages liavo been Xeee.ived by Timaru houses:— and M.A. Co.--"An Australian fiO'go of wheat Is quoted at 3Cs (kl per quarter c.i.f. The market is very dull; buyers are holding off, and. tho outlook is discouraging. Now 'Zealand wheats — long-berried is quoted at 31s Od, shortberried 345. Tallow—The following are present tpofc quotations— fine, mutton Ufls, good beef 3;« (id, mixed 32s o<l. The market is quiet." and" Co. :- — i Pool' dcuiiuid : holders lirm; prices linj thaiiiiod., A\'e quoty lux'seul'jftlu© o^

Australian prime mutton 4id. Tallow —. Good body dull colour beef or mixed tallow, 3d higher: good demand. Jn other descriptions of tallow any change in prices is in favour of buyers; very little- doing. 3 ' THE LOCAL MARKETS. As usual at this time of the year, business on the local grain, and produce markets is very restricted. Local millers are carrying fairly large stocks, and as they have no immediate need to go on the market they are only picking up odd lines which are obtainable at practically their own. prices. A iinc of Tuscan wheat (a. kind which is in (.■■mall demand) was sold yesterday at .'ls ;kl, delivered at the store. For \"chct and Red Chaff .'ls (id is offering, hut holders are not inclined to accept ft, believing that prices will go up again before th» new season's wheat is on tho market. The market for oats still remains quiet, values to-dav Handing a (, ] s R) c l to Is lid oil trucks country stations. There is no ■oat sheaf chaif offering now, and none is asked for. The market fof old potatoes is done, but new tubers obtained from Auckland arc selling wholesale at 'id per pound. CLEARING SALE. ■Messrs Guinness and LeCren report having held a most successful clearing .'-ale on Tuesday at Glenavy on account of Airs M. Corcoran. There wa s a large attendance of buyers and others, and every lot was disposed of. The following are so,no of the prices obtained: Sheep, til:.' "2. -I, (i and 8-tooth ewes and lambs, 11-; ."1 wethers. 245; 34 s.m. hoggets. •""•s 3d: fat ewes, 21s 3d: rams, !;«'. Guile.— Cows £7 17s Gd, £7, £G 10s. J £o. £2 17s fid; yearlings, £3 Is, £1 7s (id: calves, "1.~,5. 1 loi-ses—Geldings £2O. till'.. £l2, mare £lB, fillv £l7. pony £2O end binder £32. Massov Harris drill £-?3 L- and .Mel), disc £ll 10s, drnvs £l4' etc.