COMMERCIAL.

Timaru Herald, Volume XCVIII, Issue 170576, 6 August 1921, Page 2

COMMERCIAL.

STUD SHEEP SALES. By Eleetrio Telegraph—Copyright. Australian and N.Z. Cable Association. MELBOURNE, August 6. At tho annual stud sheep sales, except for a few choice lots, the demand was poor. One hundred and sixty guineas was paid for a Tasmanian merino ram by a New Zealand buyer. PRODUCE QUOTATIONS. Bariev, English 4s 8d to 4s 9d, Capo 3s 9d to 3s lOd ; oats 2s 9d; potatoes £3 15s .to £5 ss; onions £3 10s to £4. HIDES. At the hides sales a large catalogue was offered. The market Was firm, and values advanced id to id all round. PRIMARY PRODUCERS. A petition was presented to the Senate, on behalf of the primary in favour of the reduction of the new tariff affecting them. The grounds of tho petition are that no difficulties should be pluced in the way of muchneeded increased production. LONDON ADVICES. LONDON, August. 4. Wheat is slow and unchanged. Flour is quiet and firm. Oats aro hardening—Now Zealand ex-quay 48s to 58s. Beans are scarce and firm. Peas are much deqrer—Tasmanian blues ex-storo 5205. The Bradford wool market is quiet and irregular. Sugar, granulated 60s 6d. Butter is steady and unchanged. Now Zealand cheese is firmer —white 138 s. Australian 120 sto 130 s.

CHRISTCHURCH MARKETS. j Par Frees Association. CHRISTCHURCH, August 6. . In oats there lias been a little business passing among merchants, but prices remain unchanged. I armors are not offering any lots. It is generally believed, that what is to com© m from the country is still stacked in oaten sheaves, for some farmers were undecided whether to out for chaff or thresh for oats. However, as there, now seems no prospect of chaff attaining hotter value, some fanners intend to thicsh and possibly in a week or two thei© will be some offerings. . Business in seeds is quiet, and the briskness has now gone out of reel clover, although values for red and white clovers remain the same as last W< Tliere was some ' activity in linseed dealing towards the end of the week, and £l7 10s was given . for one line This is, however, a fictitious value, and the probable explanation is that the buyer was for Australia, who was wanting to ship linseed on the kanaka and wiTs compelled, m order to fill Ins order, to go above the market value, which* is recognised at from £l4 to £ became worse> durim>- the week, and although holder, were anxious to sell at 30s per ton at " clarions there were no oners riH to-dav, and nominally He quoted rate of 35s was regained. DUNEDIN WOOL SALE.

DUNEDIN, August 5. The fourth of the Dunedin aeries of wool sales was held to-day, when over 10,00 0 bales -were submitted. Bidding was somewhat erratic. 3 here was a full bench of buyers representing all sections of the trade, and every buyer was prepared to °P erate ’ hut on reduced limits. Ceitatn classes of wool were in demand, more particularly lialfbreds for the Continental spinners, and the better class of crossbred hoggets’ wool intended for Bradford and America. Lightconditioned pieces free from seeds in both half-breds and crossbreds were also wanted, and realised prices which compared more than favourably with the fleece wools of the same descriptions and counts. Following is the range of values, also prices ruling in June (.Tune sale prices are given first):- —■ * Merino, extra super to 112d —to 12d; super, PJd to lid, Od to lOd, medium and good, 7Jd to 9d, (d to BJd; inferior, fid to 7d, 6d to 7d. Half-bred, extra super to 12d, to 10d; super, !U1 to IOJd, SJd to lOd; medium lo good, I MI to BUd, 7d to Sd: inferior, fid to 7d, fid to OJd. Crossbred.— -48/50, extra super 8-td to Did, Did to 7id; 48/48. super tijti to Id W;. 44/40, fine

sid to 6id, 4d to sd; 40/44, medium, 4Jd to 6d, 3d to 41d; 30/40, coarse, Sd to 4id, 2id to 3d. Bellies and pieces.—Merino 5d to 6id, 4id to 7id; half-bred, 4d to 6id, Sid to 62d; crossbred, 2id to 4id, 2d to 32d. Locks.—ld to 2d, id to 12d. The sale will conclude about midnight.