Commercial

Western Star, 30 January 1906, Page 3

Commercial

SOUTHLAND MARKET

Oats.—ln this line as in all other produce, business has been practically at a standstill since last week Little or nothing is being done. The demand from Australia hasi en

tirely fallen off and the North Island is drawing supplies from purchases made earlier in the season. Very few parcels are offering from the country and buyers are not keen to do business at recent ruling rates. The rates of freight to Western Australia have been lowered, and this will probably encour age business with that State. The reduction is substantial, the U.S.S. Co. being now prepared to carry oats to Fremantle and Albany at 22s 3d per ton, instead of 31s as formerly.

Chaff.—A considerable quantity is offering at present, but the outlet is very limited. The Dunedin market is being supplied from South Canterbury at equal to 55a on trucks, which is a considerably lower price than has been ruling in the local market for some time back. There is practically no export trade in chaff.

Ryegrass.—This promises to be good property as stocks carried ov er by local merchants are light and reports indicate that stocks held in Dunedin and Canterbury are not up to the quantity usually kept on hand.

Wool.—Prospectsfor the sale on Thursday next are good. Prices remain firm, buyers are still keen, and there will be avery goodcatalogueto submit. Growers have no reason to anticipate lower values than those obtained at the second sale of the season.

CANTERBURY MARKET. ■ CHRISTCHURCH, l Jan. 26. There has been some enquiry for Tuscan wheat and for oats, but there is practically no grain offering. The hail storms and broken weather have evidently decided growers to hold what grain was on offer. The demand therefore depends very largely on the weather during the next month or two. In the meantime no business is being done.

THE WOOL' SALES. LONDON, Jan. 26. At Bradford wool has got good enquiry but small business. There is a hardening tendency at the Lon don sales. Coarse crossbreds are 5 per cent, below November rates ; other sorts firmly maintain values. The average price realised for the fleece portions of the Puketoi clip was McKAY BROS’ REPORT. Messrs McKay Bros, weekly report of actual sales for the week ending Saturday, January 27th Cows- £5 15s and £7 12s 6d. Poultry—slo penned. Hons 8d to Is 7d, cockerels lOd to Is 7d, ducks Is to Is Bd, Indian Runners 2s 3d, geese 2s to 2s 6d. I ■ Pigs—Bo penned. Suckers 5s 8d to Bs, weaners tolls. Potatoes- £7 to £9 (nominal), onions 7s per cwt. Wheat 16s, oats 10s to lls per sack. Fruit—Bananas 16s, cherries 10s to Us 6d, pines 7s to 10s, plums 5s to 7a, peaches 3d to 4d, apricots 4|d, strawberries 7d to 9d, tomatoes 6|d to 7d, raspberries 5d to 6d per lb. THE RIALTO. W, Todd and Co. report the following sales on Saturday, January 27th. Poultry—Very hea-’y entry, hens 9d to Is 9d, white Leghorns 3s 3d, roosters small 9d to Is Id. ducks Is 4d to Is 9d, geese 2s 4d. Pigs—7a to lls Od ; Yorkshire sow £1 7s. Calves—2s 9d to 6s 3d, heifer do (4 months old) 16s. Potatoes—Large quantities coming forward, Bs, onions 7s to 8s per cwt. Wheat—lss, oats 10s per bag. Raspberries 5d to 6d, peaches 31 to 3id, plums 2d to 3d per lb, Californian oranges 14s, do lemons 12s per case.

NVEROARGILL HORSE MARKET

J. A. Mitchell and Co. report that they had a medium entry of horses this day, forty, of all descriptions coming forward. The quality, taken all through, was of a more indifferent class than that usually entered and competition, exceptin'* for a few fair sorts, was dull, as the majority of farmers have got through with the most of their work in the 1 meantime and do not care to buy horses to run idle. By auction and privately we sold useful draughts at £25 to £35, aged- and stale very hard to place even at low rates; a superior 4-year-old filly was withdrawn at £47. Hacks and light harness horses— Fair enquiiy for nice quiet animals at from Ll2 to LlB. We sold useful sorts at Ll sto LlO. Weedy and aged to L 3. At Winton on Friday we had an entry of thirty horses and disposed of a fair proportion at prices equal to those ruling in other centres. Draughts brought L 34, L 33 10s, L3l and L 29 for likely sorts, aged and stale only saleable at very low rates. Hacks and light harness horses— First "class horses of this class were

noticeable by their abSence, but of ordinary and inferior sorts there was mote than sufficient. We quote first class animals i-20 to £25, good £ls to L2O, ordinary and light £l4 to £lB.

The New Zealand Loan) and Mercantile Agency Company Limited have received the following cablegram from ther London Office dated 26th inst.—Tallow. We quote present spot values for the following descriptions of Tallow. Fine mutton 30s, good beef 27s 9d, mixed 27s per cwt. Market firm.