COMMERCIAL.

Timaru Herald, Volume XCVIII, Issue 18084, 3 May 1924, Page 8

COMMERCIAL.

AUSTRALIAN MARKETS

By Cable—Ptmi Association —Copyright, MELBOURNE, May 4. Oats, 3s and 3s 4d. Barley, English malting, 4s and 4s 3d; Cape, 3s 6d and 3s 7d. Potatoes, £4 5s to £5 10s. Onions, £S to £8 10s.

LONDON PRODUCE.. Dalgety and Company, Timaru have received a- cable from their Loudon Ofiice, dated May 1: Frozen Meat.—New Zealand prime crossbred lamb, Canterbury, heavy, 9id light lOjd; North Island, heavy 9|d, light 9£d; demand better; market very, firm and tending upwards. New Zealand prime crossbred mutton, Canterbuty, heavy 6d, light 7d. North Island heavy 6d, light 6|d; demand moderate; market dull. Butter. —Very quiet. Australian 1625, New Zealand 1725; exceptional brands 178 s; Danish 200 s. Cheese. —Slow. New Zealand white 86s ; coloured 88s.

FEILDING SALE. i ! By 7eJ*C-’aiP T ' ' rr FEILDING, May 2. There was a yarding of 3500 sheep, and' 350 cattle at to-day’s sale. For fat sheep of quality good prices were offered. Fat lambs, extra choice, fetched 38s, others 21s to 275; fat ewes 22s 8d to 32s 3d; store sheep, lambs 16s, ewe lambs 17s to 19s, wether lambs los lOd to 18s 9d; forward ewes 17s Id to 21s 4d. _ Fat cows brought £2 to £5 13s 6d; fat bullocks £7 11s, other bullocks £4 11s 6d, heifers ..£2 10s to £5 12s 6d.

STOCK EXCHANGE. By Telegraph—Press Association. CHRISTCHURCH, May 2. Sales reported.—Wilson’s Cement 29s Sales on ’Change.—National Bank of Sales reported. —South British, Insurance 40s 3d, Hikurangi Coal (pref.) Us 6d, Taupiri Coal 19s 3d, Auckland Gas 25s Bd, Huddart Parker 435, New Zealand Refrigerating (com) son’s Cement 29s 3d, Waihi 30s 9d, 30s 6d, Now Waiotahi (con.) Bd.

CHRISTCHURCH MARKETS

Bv Teleeraph—Press Association. ' CHRISTCHURCH. May 2

After a fortnight’s dislocation as 3 result of holidays and strike, efforts are being made to normalise trade. Wheat appears to be all in millers* and merchants’ hands. The shortago is more pronounced than was expected. A monthly increase of -id per bushel operates lrom tlie beginning of May. This month’s values are: —Tuscan 5a 3sd, Hunters os 5Jd, Pearl 5s 7*d. The price at which Victorian wheat is being purchased is not disclosed, but it is believed to be not more than thei figure quoted. Poultry keepers are beiim kept supplied with stocks of fowl wheat, but there is practically no fowl wheat about. It is understood that the North Island has been fully supplied from Australian shipments. . Oats are in the peculiar position or not being wanted, and yet being firm. This paradoxical position is due to sellers having to hod oats and name a port of delivery, whilst the buyer does not know whore he is going to place them. ifi Potatoes are coming forward tremv, but shipping space is very limited. Merchants seeking space for 2000 sacks have had to be content with eveial hundred. The explanation is that m anticipation of tlie strike lasting longei, shipping was diverted elsewhere. Digging has been proceeding vigorously in Canterbury during the week, and had shipping been available supplies would have gone north. A allies on trucks are quoted at £5 5s per ton.