COMMERCIAL.

Timaru Herald, Volume CVI, Issue 16310, 11 August 1917, Page 11

COMMERCIAL.

VICTORIAN PRODUCE MARKET. Australian and N.Z. Cable As3n. IVtELBOURNE, August 10. Bnr'ey—Chevalier malting 4s (3d to 4s 7£d, Cape 3s Id to 3s 2d. Oats —Algerian milling 2s 6d to 2s CXd, feed 2s 3d to 2s 31d. Potatoes —£4 os to £5. Onions —£10. THE LOCAL MARKETS. A LITTLE WHEAT OFFERING. Since the maximum price for wheat became available a few lines have oome on the market. These met- a ready sale this week. Some millers are very short, and axe finding it difficult to get sufficient to keep their mills going. The strike in Australia has accentuated the position, and millers who have been relying on Australian supplies in the near future will be disappointed. There is a very ready sale for fowl wheat, and nearly all lines of shrivelled and inferior quality have been cleared at prices nearly equal to those for milling wheat. The oat market is still firm, and merchants in the North Island who are under the necessity of replenishing their stocks have been thrown on the southern market by reason of the non-arrival of shipments from Australia. The result is a better inquiry, and prices show a firming tendency. In the absence of stocks more than sufficient for local use, values locally are perhaps on a higher level than those ruling in the south. Gartons are quoted at 3s 7d to 4s, on trucks, country stations, sacks extra, and Duns arr> said to be worth about the snm?. The chaff market has firmed a little, and the inquiry is very much better, but shipping space is still the great difficulty. Several lines have changed hands during the weak at £4 to £4 7s 6d per ton, on trucks, country stations, according to weight and quality. After a little more inquiry for potatoes the market has subsided. On Tuesday last a few lines were sold at £3 per ton, on trucks, but owing to excessive arrivals at Auckland the demand has at present almost ceased. Tliere have been some heavy rejections of South Canterbury potatoes at Auckland. Values to-day are set down ab I £2 10s to £2 15s on trucks, country stations, sacks included.

ADDINGTON MARKET.

WEDNESDAY'S PHENOMENAL PRICES. South Canterbury farmers -were able to participate in the phenomenal prices which prevailed at the Addington stock sale on Wednesday last. Sir D. M. Sutherland, of Waimate, got £3 os tor 2-t-ooth wethers, and £5 10s for 4tooths. Mr J. Reid, of Goraldine, got 34s 6d to 37s 6d for his fat wethers. Other prices for fat wethers from South Canterbury were 38s 6d, 42s 6d, 40s, 47s 6d, and 50s. In cattle Mr W. O. Fyfe sold ten steers at £22 10s to £24 15s. Mr H. L. White sold six steers at £l2 to £ls 15s, and three heifers at £l3 to £l3 17s 6d. Mr W. Sharks, of Geraldine, sold four heifers at £lO 10s to £ll 15s. Mr D. Kennedy, of Morven, sent forward the largest fat pig ever seen at the Addington yards. It was one of the breed known as Large Black, and realised £l6. CLEARING SALES. AT KOHIKA. The Canterbury Farmers' Co-opera-tive Association report having held an exceptionally good sale yesterday at Kohika, Otaio, on account of Mr F. H. Symons. There was a large attendance of farmers from all the surrounding districts, and the live and dead stock being in splendid condition a capital sale resulted. Appended are some of the principal sales:— Sheep.—33 ewe hoggets at 30s 7d, 158 wether hoggets at 26s 6d, 12 fat ewes at 32s 9d. Cattle.—Cows in profit, £9 10s, £7; cow springing, £l3 2s 6d: Jersey calf, £B. Horses. —Ma-res, 5 years, £27 10s ; geldings, 4 years, £25 10s; o years, £2O; 6 years, £2O 10s; filly foal, £8 ss. Implements.—Cultivator £l3, tripod harrows £l4, grubber £l2, set discs £ll 10s, dray and frame £22, drill £l3 10s.

AT GLENAVY. The National Mortgage and Agency Company held a most successful Clearing sale at the homestead of Mr Jona AY right, Glenavy, wiio lias sold his farm. The stock, which was all in first class condition, brought top prices. Crossbred breeding ewes, 4 and 6-tooth, sold at 465, merino wethers at 30s, B.L. ram hoggets at guineas. Dairy cows from £lO 10s to £l7 as, and the horses and implements sold at fair market rates. CHRISTCHTJRCH PRODUCE MARKET. (Per Press Association.) CRLLIISTCHTJR.CH, Aug. 10. There is a little more inquiry for oats, though very few are available locally. One of the reasons given for an improvement in the tone of fhe market is tiio strike in Australia, which will prevent any further shipments from there at present. The demand from the North Island is not. very active and at ruling prkos only a hand to mouth policy is evidently beins pursued there. The potato market remains very quiet, and although merchants are able to malce some sales, supplies aro not coming forward verv freely at prices offered. The price is nominally £2 os to £2 10s r-nmtrv stations, but few growers are willing to sell at these figures.