Commercial.

Waimate Daily Advertiser, Volume III, Issue 136, 3 December 1901, Page 2

Commercial.

TIMARU MARKET. A decided chnnge for the better is runic.-Tile this week in. the prices ■ hlaini,U- for both wheat aiul oats on the Timaru market.. Tub wheat market lias ti :i etl very considerably, a ri.-e i f from 1! o M p-r bash 1 being recorded on la, quotations, v\ bile oats have advanced ful'y Id per bushel. A fair quantity of wheat bus changed hsinls during the week at 2s 8d per bushel f e.b., and tlie demand far exceeds the supply, grower* Si 1. p einning to hold tor a higher pi ci There has been very little doing in oatt. An all round quo ation fur oals i-, 2 1 5d pm- bu-nei. aim for w.ieai, 2s Bd. There has been nothing doing iu baiKy.

GRAIN AND FtWiuUUE MaKKZTS

According to the mail advices, a good star, nas been made in preparing for next y e.ii-’s cr -ps in Europe. '• Dombusch, ’ of October 10, stain d that in England the land was in good working order, an i wheat sowing was being pusiied forward, la i‘T'.ince, ihe aroa unit ,r wheat is said to be fudy equH to ia t yoar; the sow in ; wan donein favourable w,ather conditions, and the young plants in Uin earlier di.-uicts looked very healthy. Germany wu.b visited Gy rain and stormy win is, bn. as much of the wh. at aid-rye was sown in dry weather the change was welcome. In Hungary the autumn sowings were, being carried on in seasonable weather. After a protracted drought ui Russia, heavy rams fell iu the souin; while in other paits of the Euipiie the weather appeared to be normal, a ,d wheat and rye sowings were doing vi ell. C ble advices fr.'in the Argentine Republic on October 17, su.ys the Au ualasian, stated that weather advice, from ihe interior were less satisfactory for tl.e growing crops, and rain was much d< si' td. The exports of Argentine wheat to Europe this year, from January 1 to October 18, amounted to 29,024.000 bushels, ageinst 68,996,000 bushels for the corresponding pe, iod of last y* ar. There is still a good local enquiry for wheat, a quantity being wan «d for a ve* el ch rt-red to load for the United Kingdom, and it is probably for this purpose that a line of 40,000 bushels in second natnis at A.-libuton has been purchased at 2s 6d, equal to 2s B|d f «.b. Tnere is also a deiumd from Auckland, and local millers are purchasers, but there is a very limited qu.mti y being offered by growers, who have confidence in t a future of the local market, inconsequence of the poor harvest prospects. The present mart-et rate in Loudon is now about equal to 2s 6d, f.0.b., at Lytta too, so that the present firming of values here is only caused by local con ations The oat m-rket is still Very quiet, and no business is reported. There is an enquiry for duns, which are scarce, and are probably at ihe present thus worth more than any other variety. Victoria is still doing business with South Africa, and Alg nans were recently being purchased for export at 2s 5d to 2s 4d. There has also been some further enquiry for new Algerians, and business has bean done at Is lid for delivery up to December 10th, and Is 9d for all Jaouary delivery. The potato market is without change, and sales are difficult to etfect at £1 per ton at conn - ry stations. Local fac cry butter has aga’n advanced t« 13d per 10, there being liitie or no North Island coming down. As the local factories have sold their exportable surplus at 9Jd per lb, there is a slight loss in making butter up into pounds and selling locally at lOd per lb, and it has therefore been decided to again raise the price to 11 1 wholesale. _ The following ore current prices paid to fanners f.o.b. Lyttelton and free of commission, except where otherwise specified : Wheat—Hunter’s pearl and velvet 2s 7d, and Tuscan 2.8 d f o.b. Oats (nomma 1 ), 2s 3ito 2s 4d; short feed, 2s 3d to 2s 4d ; Duns, 2s 4d to 2s sd; Danish 2» 2d to 2s 3d f.o.b. Barley (nominal) —M.il mg, 2s 3d to 2s 6d ; secondary, Is 8d to Is 10d at country stations Beans, 2s 8d to 2s 9d f.o,b. Peas, nominal. Flour, millers’ quotations—Roller, £6 15s.

sharps, £4. Bran, £3 10s. Oatmeal, £l3 f o b. Potatoes, nomioal, £1 at country stations.

Hay, £2 10s to £2 15b delivered. Grass Seed —Ryegraes, farmer*’ lots, Is 9d to 2s: prime heavy, town dressed. 2s 6d to os ; cocksfoot, 2$ J to 2| I ; town machine dres ed, 161 b to-171b old eesd, 3|d to 3f I f.o.b ; cowgrass, 6d to 6|d : extra choice, 7d ; .white clover, 6d to 8d deliveied. N Dairy Produce—Cheese, factory, 4d to 4Ad; clai y, 4d. Butter, fac ory. local, ltd ; North Island, iOd ; dairy, 8d to 9d; salt (in boxes), Bd. Bacon, hams, sid to 6£d ; factory bacon and ham-, Jd higher, t.o.b—Press.