THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIII, Issue 9123, 16 April 1908, Page 2

THE MARKETS.

GRAIN REPORT. Mr F. Powuall, of the N. Z. and Canterbury Farmers’ Co-op. Associations, Wellington, reports as follows, all quotations being f.0.b., port of shipment, sacks free :—Oats: Trade is dormant subsequent on farmers limits not being acceptable to merchants, outside business being feasible only on lower values ruling. Increased cost of farm labour is blocking derogation, but stocks will have to be quitted. B grade Danish list at 3s 6d, Sparrowbills 3s Gartous gs 7d, Duns 2s Bd, seeds 2s lid. Wheat: Flour trust has thrown down the gauntlet to Australia, and operations for next few months will be watched with interest. Millers are stocking lightly, Tuscan and Velvet firsts realising 4s 9d, fowl feed 4s Bd. Potatoes: Provided growers do not overburden markets, brisk competition existing will check further weakening until winter' is passed. Whites are steady at £4 ss. Blues £4 IGs. Maize: Small turnover at 4s Bd. Barley: Malting quiet 5s 3d, feed 4s, Capo 4s 3d. Peas: Partridge active split £ls 10s. Bran; Sale and output regular at £5 ss. Pollard: Hardly obtainable at £7. Oatmeal: 25’s firm at £l3, rolled oats £lB, Oatina 10s Gd. Chafi : South are hardening with supplies temporarily thinning, asking 97s Gd for bright, and 92s Gd for medium. Straw olsafi; 67s 6d. Hay; Rye-clover S7s Gd, straw 455. STOCK REPORT. Messrs Dalgety & Go., Lid., Palmerston N., report:—We held our usual Hunfcarvillo sale on Tuesady, April 14, when we had a good yarding of sheep and a medium yarding -of cattle. The demand for sheep was mugh keener they at previous sale,

and prices for good wethers showed a decided advance. Our principal sales were mixed age ewes 6s 6d, smal 1 3--tooth wethers 10s 9d, cull lambs Ss sd, mixed lambs 6s 9d, 1 year to 18 month steers 35s 6d. AUSTRALIAN MARKETS. Press Association —Copyright. Sydney, April 15. Wheat 4s sJ<d to 4s Gd, dour £lO, oats 8s 2d to~3s 4d, barley (Cape, nominal) 4s 4d, maize 4s 6d, bran £7, pollard £7 10s, potatoes, circulars £4 15s to £5, onions (Victorian) £6, butter 96s to 98s, cheese to B>£d, bacon 9d to Melbourne, April 15. Wheat 4s 3>£d, “ flour £lO, oats (Algerian) 3s 3d, seeding 8s 6d, barley (Cane, malting) 4s, maize 4s 7d to 4s 9d~ bran and pollard Is 6d, potatoes £8 10s to £4 10s, onions £5 ss, Adelaide, April 15, For wheat 4s 2d is asked. Flour £8 15s, braau and pollard Is sd. ADDINGTON MARKETS. Press Association. Christchurch, April 15. At Addington live stock market to-day there was again a large entry of stock, though not nearly equal to the last two weeks, store sheep forming the bulk. For the better class of store sheep there was a gocd demand. Fat lambs sold at last week’s rates, and fat sheep, owing to a fairly large entry, showed a sharp decline. Fat cattle were firmer in price, and fat pigs were dull of sale. Store cattle were in poor demand, but dairy cows met with a better inquiry. The yarding of store sheep was much below last week’s record, and was made up chiefly of indifferent quality. Ewes formed the hulk of the yarding, and, with the exception of a few twotooths, they were mostly of a poor class. Low-conditioned, travelstained ewes could only be disposed of at lower rates, but the younger and better met with a fair demand at late rates. Lambs sold firmly, and good sorts showed a little improvement in values. There was no change in the price of wethers, a few good sorts being on offer. There was a fairly large entry of late sheep, including some good lines of medium and heavy weight wethers, but the bulk was made up of ewes. The bidding opened slack on account of the plentiful supply, and as butchers filled their requirements , prices fell away considerably, ana there was a drop of 2s to 3s in wethers and a still further decline in ewes, the light-conditioned and aged sheep being the most difficult to sell. The export buyers operated in any lines of ewes that were obtainable at prices within their limits, especially towards the close of the sale. The - range of prices was Prime wethers 'lßs to 235, extra to 25s Gd, lighter 14s 3d tolTsGd, prime ewes 15s 6d to 18s 4d, medium 13s to 15s, aged and light 9s to 12s 6d. The entry of fat lambs was not a large one, but the quality was better than last week, aud chiefly on this account prices ruled somewhat higher. The sale was started at 9 o’clock in order to get the lambs away early to the factories in view of the closing down for the Easter holidays, and "the arrangement met with general approval.