COMMERCIAL.

Lyttelton Times, Volume CXV, Issue 16484, 25 February 1914, Page 11

COMMERCIAL.

LONDON MARKETS. iy Tolegraph—Press Association —Copyright. WOOL. •• LONDON, February 23. Arrivals amount to 350,50 Q bales, Forwarded to manufacturing districts 216,500. bales, available for sales 141,000 bales. SHARES. .Waihi 51s 3d, 53s 9d; Junction 265, 275. Silver, 26 7-16d.‘ SUGAR. Professor Licht estimates that the production of beet sugar has decreased by 457,000 tons. The campaign surplus is six thousand tons. WHEAT. (Received February 24, 10.35 p.m.) LONDON, February 24. The wheat market is firm and sellers are asking an additional ljd to 3d. The demand is quiet. Sales of Australian. have been made at from 36s 3d to 36s 6d. The following cable message has been received by Dalgety and Company, Limited, Christchurch, from their London Office, dated February 23:—“ The list of arrivals for the second series of wool 6ales which open on March 3 is closed, and all your wools have arrived in time except Clan Macaulay. The new arrivals amounted to 350,000 bales, of which 216,000 bales were forwarded direct to manufacturers at Home and abroad, leaving—with 7000 -bales carried forward from la6t series—--141,000 bales available for sale.” - ~;; MARKET REPORTS. GRAIN AND PRODUCE. CHRISTCHURCH, February' 24. .With harvest well advanced throughout the province, the amount of grain coming on to the market is steadily increasing, and another few weeks should see the market at its height. t During the last few days the offerings ' have, oeen confined to wheat, more especially Tuscan, but the amount of business that has been done has been small, owing principally to the lack of offers from merchants. Millers are still very indifferent about purchasing, considering that the prices at present demanded by growers are above the parity of Home values. They state that their stocks at present are sufficient to last for some time, and they are apparently quite content to wait until tne market settles down after threshing operations have progressed further. At present the current price for Pearl is 3s sjd to 3s 6d. Hunters 3s 5d and Tuscan 3s 4d on trucks at country stations, but as indicated above these prices are not such as ;to . lead farmers to part with their stocks.' r / Few oats are coming to hand, but in. the absence of an outside market supplies are ample for requirements. Much of the oats that it was first intended to thresh from the stook were stacked in consequence of the rain of three weeks ago, and necessarily this will delay the grain from coming on to the market for several weeks. Nominally prices are unchanged. Offerings of barley are lii excess of requirements, and the amount of business passing is limited. Several samples of r southern barley have been under offer "for some days without leading to business. As far as sales are concerned business in potatoes can be described as very dull. Merchants’ offers of 60s to 55s for forward delivery are meeting with scarcely any response from gyoiVers, who' have been firm holders since the, publication of reports con-

cerning the ravages of disease, especially in southern districts. Blight lias now made its appearance in several localities in Canterbury and serious fears are entertained that if the weather conditions are favourable at the best the amount of damage caused will be large. The following quotations are for purchases frois farmers, net cash, sacks extra, delivered at country stations:—

Wheat—New season’s Tuscan 3s 8d to 8s 4d, Hunter's 3s 6d, Pearl 3s sjjd to 3s Gd. Oats—New Season’s Gartons Is 6d to Is 7d, Algerians' Is 4d to Is 6d, Duns Is 4d to Is 6d, Danish Id 4d to Is 6d. Barley—Malting 3s 6d to 3s 8d per bushel, according to quality. Partridge Peas—Bs 4d to 8s sd. Chaff—£2 ss. Onions—£4 to £4 ss. Flour—£9 per ton, 1001 b hags £9 108, 501 b bags £9 15b, 251 b bags £lO. Bran—Local £4 6s, f.o.b. £4.

Pollard—£6 per ton. Oatmeal—£l4 por ton. Seeds—Ryegrass, Italian and perennial Znachine-dressed parcels, 3s 8d to 8s 9d; cocksfoot, 13lb seed 3Jd to 3Jd; white olovor, machine-dressed lid to 13d, farm-dreßsed 7d to lOd, cow grasß 7d to Bd. Dairy Produce—Cheese, dairy largo 6Jd f loaf Gd; factory, large 5Jd to 6d. Butter, fresh local factory prints Is Id, farmers’ separator 9d. farm dairy Bd. Hams Is, sides rolls 10Jd. rolled hams lid; lard, pats llid. Eggs Is 3d per doz.

CLEARING SALE AT AMBERLEY. On Monday Messrs Pyne and Co. conducted a clearing sale of live and dead stook at Messrs Watson and M’Namara’s farm at Amberley. There was a very large muster of buyers present, including**representatives from as far north as Cheviot and as far south as Ashburton. The prices obtained constituted a record for North Canterbury in several classes. Salas were as under:—Stack hay, 9 tons, £7; stack oatsheaves, 7 tons, £8; stack oatsheaves, 8i tons, £lO 10s; Algerian oats, Is 4Jd to Is 7d per bushel; barley. Is 3d to 2s 3d per bushel; wheat, 2s 9d to 3s 9d per bushel; oatsheaf chaff, Is 9d per sack; 58 half-bred two-tooth ewes at 25s 2d; 500 half-bred two-tooth ewes at 22s 7d to 23s 8d; 147 three-quarter-bred sound mouth ewes at 17s 2d; 151 half-bred sound-mouth ewes at 22s Id; 126 three-quarter-bred soundmouth ewes at 20s; 290 three-quarter-bred four and six-tooth ewes at 23s 3d; 191 three-quarter-bred two-tooth ewes at 22s 2d; 99 forward rape lambs at 15s; 118 black-faced rape lambs at 16s 3d; fat cows, £8 15s; dairy cows, £8 10s to £l4 10s; dry cows, £8 10s; springers, £lO 10s to £l4 10s; springing heifers, £l2 10s to £l9 10s; heifers, £6 to £8 10s; calves, £4 2s 6d; 1 Jersey bull, £6 10s; aged mares, £27 10s to £4O; young mares, £32 to £SO; geldings, £3O to .£35; trap horses, £l4 to £22; saddle horses, £ll to £l2 10s; unbroken draughts, three years and four years old, geldings £26 to £SO; fillies £26 10s to £39; yearlings, £l7 to £2O; unbroken hacks, £8 to £l2 10s; pigs, slips 355, stores 40s to 495, breeding sows £4 to £5 2s 6d. . FISH. The following were the ruling prices at yesterday’s markets:— Groper Is 4d to 12s each. Ling 6d to 2s 4d each. Flounders Is 6d to 8s 9d per dozen. Soles 2s 5d to 8s 9d per dozen. ' Herring Is 6d to 2s per case. Red cod 6d to 3s per dozen. Barracouta 6s to 7s per dozen. Gurnet 2s 3d to 5s per dozen. Mold 3d to Is each. FRUIT 377 D VEGETABLES. . The following were the ruling prices at yesterday’s markets:— Apples, dessert 2d per lb. Apples, cooking Id to l]d per lb. Peaches, 2d to 2£d per lb. Pears, Id to lsd per lb. Tomatoes 3d to 4£d per lb. Grapes 7d to 8d per lb. Plums ljd to 2d per lb. Apricots 3id to 3|d per lb. Cucumbers Id to lid per lb. eggs! The Egg Farmers’ Association reports that at the auction sale of Feather Brand eggs yesterday first grade realised from Is sjd to Is 6d per dozen, and second grade from Is 4]d to Is sd. R ANCHOR A. The harvesting being almost cleaned up, there was an increased attendance at the Rangiora market yesterday. In the saleyards there was an entry of 5000 sheep, of which 1000 were fats, 80 cattle and' 200 pigs. In sheep the prices were:—Fat wethers 20s to 21s lOd, fat ewes 13s 6d to 18s 9d, fat lambs 16s to 18s, rape lambs 14s to 15s sd, store lambs 12s to 13s 6d, culled •lambs 6s to 9s, failing-mouth ewes 12s 6d> 15s 5d There were no soundmouth or young ewes yarded. Twotooth wethers made 14s 5d to 15s 6d.« Cattle—Fat cows £7 to £8 10s, fat heifers £6 to £7 15s, store heifers £3 10s to £5 10s, yearlings £2 to £2 10s, bulls £2 to £5, calves £1 3s 6d to £2, milch cows £7 to £lO. Pigs—-Baeouers 60s to 68s 6d, porkers 58s to oss, stores 30s to 455, small pigs 28s to 38s, and weaners 15s to 225.

In the produce yards sales were:— Heavy cross-bred sheepskins ss, medium 4s 3d, lighter 3s 9d, pelts 2s id, lambskins 2s sd, calfskins 3s 6d, hides 6sd per lb, "fleece wool Bd, crutclnngs 6d. rat lid. Poultry—Roosters 7s 4d a couple, hens 3s 3d, ducks 4s 3d, chickwheat 4s 3d a bushel, oats 2s 3d, barley 2s 9d, grass seed 2s, bran 3s, peas 3s 3d, bran 5s 9d a sack, sharps 9s 6d, pig meal 10s, oatsheaf chaff 3s 3d, straw chaff Is 6d, potatoes Bs, apples 3s a case, plums Id lb, peaches 2d, onions Id.

TEMUKA. The usual fortnightly stock sale was held at the Temuka Yards yesterday.

There was a good yarding and an extra entry of light draught horses had the effect of drawing a large attendance of buyers, in spite of harvesting operations requiring attention. Considering this fact the attendance was very good. There was a noticeable drop in the demand for pigs. There was a large entry of cattle, and some good lines changed hands at very satisfactory prices. Prices realised for an entry of a few light draught horses on account Mr G. Allfrey were only fair, but sales were effected. The following were among the prices obtained:— Sheep—Fat ewes: 25 at 19s, 16 at 18s .2d, 22 at 18s, 21 at 18s 6d, 23 at 14s 6d, 17 at 15s 3d, 30 at 18s, 8 at 16s 9d, 29 at 18s Gd, 20 at 14s lOd, 27 at 15s 6d, 29 at 15s 9d, 40 at I7s Id, 1 at 14s 9d, 36 at 17s 6d, 27 at 17s Id, 16 at 15s 6d, 5 at 18s, 3 at 18s 9d and 1 at 18s; fat wethers: 1 at 18s, 3 at 20s, 38 at 19s Id, 3 at 17s 3d; fst lambs: 121 at 18s 6d, 81 at 18s sd, 52 at 17s Id, 118 at 16s lOd, 10 at 18s; stores: 50 two-tooth ewes at 22s 6d, 42 six and eight-tooth ewes 17s 9d, 3 ewes and 1 lamb at 10s, 141 two-tooth ewes at 21s 9d, 52 two-tooth wethers at 17s sd, 191 mixed sex lambs 11s lOd. Cattle—Steers £l2 10s, £9 7s 6d, £6 ss, £5 7s 6d, £3 10s; cqws, fats £7 10s, £6 10s, £8 7s 6d and £4 12s 6d, two emptv cows £1 9s; cows £6 10s, £7, £7 15s, £4 10s, £6, £5 12s 6d, £5 16s, £6 £5, £6 10s, £3 15s, £4; calves 14s and £1 3s. Pigs—Weaners 9s, 13s 6d, 15s, 16s; porkers 335, £2, £2 2s 6d. Horses —Light draught £5, £7 10s, £ll 10s, £5 10s, £3 7s fid, £B, £5, £9 10s, £lO 10s, lorry £ls 10s and waggon £B.

STOCK SALES. SOUTHLAND. [Fkoii Our Correspondent.] 1 INVERCARGILL, February 24. The usual Wallacetown stock sale was held to-day. Entries were largo for all classes. The demand for store cattle was singularly slack, practically the whole yarding being passed in. There was little demand for fat cattle. Very few pens found buyers. Four cows that realised £7 at the previous sale did not fetch more than £5 10s to-day, while bullocks of similar quality to those valued at £ll b.y buyers last sale were to-day passed in at-fully 20s less. Pen after pen put up failed to bring a single bid.

STOCK EXCHANGES.

CHRISTCHURCH STOCK EXCHANGE. The following are the latest quotations: Buyers. Sellers.

AUCKLAND. [Per Press Association. 1 AUCKLAND, February 24. Sales reported—Waihi, 525; Northern Steam (con.), 6s 9d. Afternoon call —Talisman Consolidated, 43s 3d; Waihi, 51s 6d ; Ross Goldfields, 3s lOd; Waihi Grand Junction, 26s 3d; Auckland Gas (paid up), 28s; Auckland Trams (pref.), 20s 3d.

WELLINGTON. [Per Press Association.] WELLINGTON, February 24. Sale reported—Waitangi Consolidated, lOd.

DUNEDIN. [Per Press Association.] DUNEDIN, February 24

Sales reported—Waihi, £2 11s 3d; Union Steam, ordinary, £1 4s Bd, £1 4s 6d.

BANKS— £ s. d. £ B. d. New Zealand (rights) GAS5 2 0 Ashburton . Christchurch 6 12 6 6 18 0 Timaru WOOLLENSKaiapoi . . Kaiapoi (prof.) . MISCELLANEOUS— Booth, Macdonald and 6 6 0 5 6 0 8 7 6 Co. (prf.) Bowron Bros. E. and 1 1 0 T. Co. . . Canterbury Farmers’ 0 6 0 0 5 9 Co-op. frimaru) Canterbury Farmers’ Co-op. (Timaru (pref.) 2 18 0 S 2 6 Glenmore Brick . 0 16 3 N.Z. Farmers’ Co-op. Taranaki vN.Z.) Oil 2 4 0 2 6 0 Wells . . , Tombs 0 3 9 (new issue) . e. MINING— \ Ross Goldfields . Waihi Grand Junc6 17 6 0 3 9 0 4 0 tion . . . Mount Lycll 16 6 14 6 1 7 0 The following sale was reported: —Milburn Lime and Cement Co., £1 11s 9d.