COMMERCIAL.

Timaru Herald, Volume XCVIII, Issue 170572, 3 August 1921, Page 5

COMMERCIAL.

NOHTHJSIIN .UAUKF.TK. Per Press Association.

CHRISTCHURCH., August 2. . Oats remain stagnant, as far as business is concerned,, but there are no weak holders. Consequently there is no easing in values. Ryegrass and cocksfoot continue firm. They will leave a difficulty in filling with the prospect of firming up in values. Farmers are content to await some such development. Judging by the paucity of their offers there is a stronger lone throughout. ' Considerable business with the North Island . has been done in cocksfoot, on the basis of 9Jd for machine dressed, equal to 7d to 7id for farmers. WOOL SALE. INVERCARGILL, August 2. The third wool sale of the season was held to-night. There was a giod muster of buyers who bade freely for practically all the lots submitted. Competition was very keen for light conditioned wools, 'but the prices were down all round, good bright well-grown hogget wool being the least affected. For these prices were lower by $d to id, good half-breds.and crossbreds were down id to fcl, and heavy conditioned wools Jd to Id, compared with the last sale. Very few lots were passed in.