Commercial.

Waimate Daily Advertiser, Volume IV, Issue 239, 7 August 1902, Page 2

Commercial.

; PLEASANT J>OINT STOCK SALE. . At the 8t ck sale »t Pleasant Point on Tuesday about 2000 i»h-ep were y»rdtd. there wa« a good at'enhance, a good demmd for all sorts, and a perceptib'e ri.-e in prices, especially for all cla-se* of hoggets and f.t sheep. Uull hoggets sold at 7-- 4d ; jzood stores, 9* 3 I,lo*, 10s Id, 10. 41; forwa d wether-, 13* 8d; fat xtra heavy (a >ise of Is); «ix and eight* tooth ewes in lamb, 14s Id. Cattle—A fair en'ry, including fair lines of fats. Heavy weight fat steers, £ll sa; others, £3 to £9 10s; light do, £6 5* ; stores, £5 to £6', cowe in profit, £ti to. £B. ASHBURTON STOCK. SALE. ASHBUBTON, August 5. There was an average attend*nce at the Aahburton yards to-day. The entry of sheep was small, but in the c*Kle pens tlte o was an average entry. Thero w*s • better demand fur all oUsses of stock and the sales made were in advance of last week's prioes, there being a good enquiry f»r hogg*ts and youug sheep. The following are prices:—

Shaep.— fat sheep : Cmsibred ewes, 12» Id to los s'l ; meriuo wethers, 8i 4l to I2d 3d ; crossbred withers, 19i Sd ; merino ewis, 7s lOd to 8« 61} hoggets, 10i 7d ; forward wethers (fit for turnip*) 23s 9d to 15s 10<L Store »heep : Mennr awes in lamb, 4* 3d to 5i 3 i ; hogget* cji Bil to Hi 3d ; email hogg«t«, 4* 9d : crossbred ewe», 11» lid ; merino wither , 7ild. Fat Catt?e.—Steers, £3 10s to £5; cowi, £3 7* 6d to £8 10s ; h-iferi, £5 15s to £5 17a Gd Store cattle . Dry cow, £2 173 fid; springers, £4 15j to £8 10b ; yearlings, 33s ; 18 months' old oattle, £2 to £2 Is 6d. GRAIN AND PRODUCE MARKETS. Tne Uuited States Government report on the con iition of the wheat crops was issued on June 10th, and, on tin basis of this report, Mr Brown, statistician of the the New York Produce Exchange, estimated that the crop would yiel<) 664,550,000 bushels, against 748.460,000 bushel* last ye.ir. Although this shows » considerable Mling off, it is to be remembered that last year's crop was by far the hear est ever reaped in the United Stated. If Mr Brown's estimate of 661,550,000 bushel* is verified, and if the European crops turn out as well as expected, there will be plenty of wheat for the ensuing twelve months, though stocks of old whrat carried over are small. The European crop*, according to mail advices to June 20th, ware generally in favourable condition, though the season has been a la'e one, and finer weather was desired It appears p obable that a smaller quantity will require to b« imported during the ensuing twelve months than during the season now closing. Shipments of whs*t and flour from various countries to Europe from August Ut to June 14th compare with those for the corresponding period of the previous ie»son as follows : 19001901. 19011902. '• From— Quarters. Quartan. United States and Canada .. 21,440.000 24,805.000 Russia .. 8,432,000 9,186,000 Danube .. 3 9:6,000 3,919,000 India .. 9-i.OOO 1,499.000 Argentina .. 4,560,000 2,522,000 Australasia .. 1,665,000 1,305,000 0 her countries 1,562,000 1,469,000 Total .. 41,581,000 44,795,000 The total show* ao inerease of 3,2M,e00 quarters. There is still come enqui y for wheat { r shipment to the North Hand, but aa there is little being offered by growers, orders are chiefly being filled out of store at is to is Id f.o.b.

The oats mark»t is toy du 1, and prices are inc'ined to be easier. Thtre ire practically none offer ng, and, as a matter of fact, more oats are being sent up country at present for seed and feed purples than are coming downf Regarding the oats market the Australasian says :—" The consumption in and around Melbourne for fesciog purposes has suffered from the high prices ru iag, while the mi'lers view the position with caution in fast of the weakness in New Zealand, as, although it is n t jet possible to lay down New Zealand oate in Melbourne at a price duty paid to compete with Algerian oats, the margin is only a small one, and a further decline in New Zealand might render it possible to import . . New Zealand oats are quoted at 2s 4£d. f.o.b, for B grade, but offers at a concession would be considered."

No advice has yet bsen received from the Government regarding the contract for -500 tons of potatoes for export, and several of the local tenderers have withdrawn their tenders. The transaction has caused considerable dissatisfaction, as it has to some extent interfered with trade, with no advantage to either buyer or seller. There is only a limited demand for potatoes at late rates, though growers are inclined to hold for a little more in view of the Government contract. There is a good enquiry for seeds of various kinds for spring sowing, the itaaon having been a Yery favourable one lo far. The following are current prioes paid to farmers, and free of commission, exoept where otherwise specified : Wheat—Hunter's, Pearl, and Tuscan, 3s 9Jd to 3s 10d at country stations, according to distance from port. Oats—Long feed, 2s 3d ; short feed, 2s 3d to 2a 4d ; mill ng Canadians (nominal) 2s ad at country stations. Barley (nominal)—Prime, Ss to 3s 6d at country stations. Flour (Millers' quotations)—Boiler £lO 10s per ton. Pollard-£5 10* per ton. Bran—£4 15s. Oatmoa'—£ls. Potatoes—Beauty of Hebron £4; kidnejß, £i to £1 5a ; Derwents, £ll7s Cd to £2 at country stations. Onions, £3 (nominal) at country stations.

Oatsheaf chaff, £3 to £3 5a at country stations.

Grass seed—Ryegrass, prime heavy, town dressed, 4s 3d to 4s 6d ; ryegraa*, Italian, town dressed, 4s 6 • ; cocksfoot, 3d for off colour to 3id for bright 121 b, 3jd for bright 141 b seed ; white clover, 8d to 9£d ; cowgraas, weathered, 5d to 6Jd. Dairy produce—Cheese, factory, 4Jd to 5d ; dairy, 4d to 4Jd ; butter, factory, local Is 3d, North Island Is Id ; dairy, lOd ; salt (in boxes), 9d ; bacon, hams, 7d to 8d ; factory bacon and hams £d higher f.o.b.—Press. ADDIN3TON STOCK MARKET. [BT TBXJMBAfrE.]

CIRHTCHOROH, Aug«»t 6. There was a large entry of almost all daises of stock, ineluding some ipeoial lines of fat cattle, sheep and lamba for the Grand National holiday trade. There waß a good attendance Sheep—Store sheep numbered 2200 and were nearly all hoggets and they met, with a good demand. The chief sales were 380 wethers 13» 4d, 106 two tooth ewes (in lamb) 14e Id, 1450 hoggets 103 6d, 135 at 10s 3d, 310 at 10s Id, 70 at 10a and smaller lots at 9s to 10s Bd. There wete about twenty of this aeuon's fat lambs offered, but in most cases they failed to reach owners reserves. They «old at 13s to 20e, Mr G. L, Rutherford, Mount Tnrlesse, and Mr G. Beaton, Kirwee, each selling two at the latter figure. There was a fairly large entry of fat hoggets, and they made «s to 15s 3d. Pat sheep were in heavy supply, including some .pecial consignments of wethers. The sale was late in starting. Cattle-In tb« f*t cattle pens there was an entry of 202 lead, a large proportion being of exceptionally prime quality. There was a good demand right Lough the sale an da. Jjw head we're taken for export to London, but none for Sydney. Anong the special conßignment. were one bullook at £2* and two at £1115« » nd £l3 » f " m Mr tt* Hav Pig«-on Bay ; one at £2l, one 5" £l7 and three at £l3 2s 6d from Mr P McH«dy, Palmereton North ; two at si?Swandone»t £lll7. 6d from Mwrfaw Little Akaloa ; three halfW Heffi. at £l4 15s, on., at £14,10. i«««ai£18 from Mr W. O. KutherSa Montrose; two Highland heifers It £lllos and £1112« 6d from Mr G. H Rhodes? CUwemont, Tirnaru. The • «i havers were the Ohrutcburch »ndMessrs J. Knight, Meat Coropanr an *?r W. od heifers £5 5s to £lO and £ A 2e'od to £lO 7s 6d, equal to 19b prime.

Pirfs—There v. as a medium rtry of fats selling well, but ato<e* were ra> her easier. Baconera marie 40* to 355, eqiml to 4d par lb ; poi kef, 25« t-i 35a, equal to 4Jd to per lb ; stores, 20a to 22s ;me hum, 12s to 15i; tuckers md weaners, 54 to 10i.