COMMERCIAL.

Timaru Herald, Volume CVII, Issue 16619, 26 August 1918, Page 3

COMMERCIAL.

.; \ ♦ __-.-.. j r .- ■ ■J . THE HOME POSmON. "k ■■ Australian and N.Z. Cable Assn n-i , x. LONDON, "August S3. i; -Hie butter and cheese position is ! anchanged .The terms of purchase of \ the cofunial* output arc still under-djs-' cussieu and it is hoped they will bo? settled within a fortnight. - \ _ "Wheat is quiet,. uo Australian offer- -' ing in any position. Mour is in'strong I demand, formal quantities from oversee a have been released and readilv absorbed. *-; _ ;. * :V6i colonial oats is offering. \ ; >eans and peas arc easier as the new '.; crop is coming into the market.

-,:. PRODUCE MARKET, p CHRISTCHURCH REPORT, Lf. Per Press Association. -' T '" CHRISTCHURCH, August 24. „' ere is nothing doing in wheat, the «'-. 'e crop now having apparently tged hands. J . j. he oats market has firmed although giere is little,-'feaiu. available- with ghich to do business. Stocks in store '•h very small, as merchants have sold st of their holdings. Seed Gartons, ..jigernuis and Duns arc worth up to st;: at country stations, and the same price has been paid for a line of milling Gartons and Algerians. Owing to the scarcity of shipping a considerable quantity of oat sheaf chaff sold to go North has been resold. At the same time there is still a good inquiry for prime bright chaff, and prices are firm, up to £7 having been offered. It is reported that supplies ftf Marlborough .chaff are now exhausted.

There is a- good demand for seeds, and it would appear as if there will be a fairly large sowing made this season. Clover seeds are not very plentiful. There is inquiry from the North Island for cocksfoot, but the stocks held are very light, as the merchants' supplies were heavily drawn upon to fill the considerable demand caused hv the North Island bush lires earlier in the year.

The potato market advanced during I *he week. It is reported that sales ; ..•'«. made at £8 10s to £9 at countrv stations, but the demand is now weaker ! and £8 to £8 os is only offered. The rise was apparently due to tho anxietv \ of merchants to get supplies-shipped-be'-' fore the large arrivals expected from ' Australia and now- due. reached port. The high prices lately ruling have not resulted in many more offering, for as is usually the case when there is a. sharp- rise in any' ]i n c of "produce, growers are inclined to hold, and it is roportfcd that even £9 -at country' stations was refused a day or two ago. '• The jiirriyal of-'about 1100 sacks, of.j

onions at Auckland .and 950 sacks' a t Wellington from Melbourne, - lias ea*ed the ; aoj*l>nijkqt." Buyers 'at present a!lyS^r°Sn Md^^Ccfs HAT CLA^DEBOYE. , TThe Xatibnai Mortgage "and Agenrnt Company in conjunction with the Cauji.Mbury Farmers- Co-op. Association report having held on.Thursday a molt successful clearing sale of dairv «£, on account of Mr W. H. Davles, 'of Ciarudeboye. The cows were brought lorward in excellent condition, an-.l Mr Danes must be congratulated on the way he had established Lis line nerd. That this was appreciated l.v the big attendance of.. farmers present nas manifested by the spirited bidding and high prices niling, the whole herd of 50 cows being disposed of under keen competition. price realised was £23, secured for a very fine shorthorn cow, while several more:choice lots realised £2O and upwards. Tha average price of about £l6 for 51 head was secured for the whole, line of cows and heifers, which must be a record for the district.. . --,, .

TATTERSALL'S REPORT. The yarding at Tat-tersafl's on Saturday'- composed 24 horses of all sorts,' mostly draughts. Tbo attendance was good and bidding was "brisk throughout 'the. salo for good young draughts Jit for present work. Such horses showed an improvement in prices and a good many changed hands a'i; the follow-in" prices:—£2o,' £22 10s £24, £25, £OS ,10s, £26 Ids, £27. £2'3; 8 and 9 vear f;!ds £lO 10s, £ll, £l3 10s; hainess horses £4 10, £G-10s. £7, £S 10s, £.9 10s. £l2 10s. Harness and sundries sold well.