Commercial.

Waimate Daily Advertiser, Volume IV, Issue 263, 30 September 1902, Page 2

Commercial.

SATURDAY SALE. Messrs Guinness and LeCren, Limited, report as follows on their weekly sale at auc ion on Saturday last ; Pigs—Only a small entry forward, all ot which were weaners, which brought from Ss to 11s. Poultry Owing to the uncertain weather there were no fowls to hand; Potatoes and produce —A good entry, and prices were if anything in excess of previous sale. Prime Derwents made from 6i 6d to 9s Gd p p r bag, inferior 5s to 6s. seed Derwents to 7s, Earlv rose seed 5s per bag ; swedes 3s to 4s 9d per bag, fowl wheat 10s 01. TIMAUU MARKETS, There is vary little to report in this week’s market. Lines of prime milling wheat are get’ing very snarce, and higher pric-s are exp-cted in the near Loooe. Velvet is scarce at 4s SJd f.o.h. Tuscan and red chaff, prime samples, a-e worth from 4s Id to 4s 21. Sec md jglass is not wanted, and fowl wheat, according to aamp’e. is worth from 3< to 3s 3d f.o.h , hacks 3(1. Oats are very quiet, and few enquiries are being unde. Good bright, oats are getting scree, and it is expected that liigner prices will he got as the market is fi ming in Southland. Barley remains at 2s 9 I, but very little is offering at lh-se prices, ami milting is nob sought after. The pnato mu-lent-il as been quiet oh the week, but owing to reports that toe Government are enquiring for another IOOJ tons, prices are firming again to £4 to £4 5t on trucks, country actions Herald

CHRISTCHURCH MARKETS. Christchurch, SepHimbcr 27. Our Lon.lon coiTespoudont, writing on August 23, says :—“ I hear Iro n the New Zealand Loan and .Mercantile Agency Company that the market it still bare of New Zealand oats; beans, e'c., are unchanged. The position of the wheat .naiket is much anout the same, and prices generally are maintained. As for cocksfoot, it is now known that t e American crop is short and dark in colour, owing to heavy rains, and this has caused holders to adopt a firm attitude which, for the raommt, retards business, it is expecteri that prices will harden soqjevvhat, especially as recent advices fl&m New Zealand s ate that stocks ms re are limited. Bright 171 b seed is ffiuoted at 49s to 50s, 121 b dark seed at Ills per cwt, c.Lf. Messrs Weddell and say that stocks of New Zealand wheat Pare exhausted ; so are stocks of New Zealand oats; so are stocks of New Zealand beans, and in all cases quotations are nominal. No vessels are reported as having arrived in London with grain from New Zealand during the past fortnight.’’ The National Mortgage ana Auency Company report that; —“Unsettled weather continued since their last, and the harvest promised to be protracted, as the maturing period was prolonged. In some districts thewheat had been considerably laid, owing to the heavy rains, but so far as cculd be judged no serious damage to any great extent had as yet been done, and fine weather was now only required to gather in the harvest. The steadiness reported »t the close of their previous issue was not of long duration, cheap American offers of new wheal depressed the trade, and prices gave way 6d per quarter. That week, however, owing to ihe continuance of rain, the market had shown some improvement, especially for off coast amt near at hand cargoes, and prices for these positions have recovered the fall; distant cargoes, however, remain unchanged, but close with a firmer tendency. Off coast arrivals have not been numerous, and until the last week met with but little attention. Since ■"■then, however, the demand has been more active, and 30a per 5001 b c.i.f. is now asked for Californian near at hand after 29s 9d had been acc pted for one arrived; this latter price is asked for June, and 29s 3d for Decetnber-January shipment. A Walla Walla off coast has be»n sold at 28s 9d per 5001 b» nett, and 28s 6d is asked for May, while 28s has been accepted for shipment. Oats are quiet at Gd to 9d per quarter decline Lr the common descriptions, other feeding stuffs steady. Cocks-

foot steady, with a fait enquiry for the fetter description*.” f When the August Government report on the United States wheatcrop appeared it by Mr Brown, statisthe New York I’roduce Exchange, JMat it represented a probable yield of $74,021,000 bushel* winter wheat and 272,590,000 bushel* spring wheat, or a total of 640,611,000 bushels, against last year’s yield of 748,463,000 bushel*. AgTmstihe smaller yield in the United States must be set the fact that European requirements during the ensuing twelve months will also be smaller. There is veiy little wheat offering locally, and prices are firm. There is still f ome enquiry from the North Island, and local millers have been asking for pearl. In view of the present prices for wheat it is probable there will shortly be an advance in flour. There ha* been gome enquiry from Sydney for oats, but no re»ponse has been made to the quotations submitted, though they are said to have been somewhat lower than the rates now ruling in Southland. Very few oats are on offer, and the only business passing is in small lo‘s for local consumption. The potato market is still quiet, there being no further enquiries yet to hand from Sydney. There has been rather more disposition on the part of grower* to sell, and a few lots have changed hands at £3 las. The present price in Sydney, however, does not warrant this figure being given, but probably when present stocks there have been reduced the market may firm again. The following are current) prices paid to farmers, and free of commission, except where otherwise specified : Wheat—Hunter’s and Tuscan, 3s lid Pearl, 4s to 4s Id at country stations, according to distance from port. Oats—Long feed, 2s 3d to 2* 4d ; short feed, 2s 4d to 2s 5d ; milling Canadian* 2s 6d at country stations. Barley (nominal) —Prime, 3s to 3s 6d at country stations. Flour (Millers’ quotations)—Boiler £lO 10s per ton. Pollard, £6. Bran, £G. Oatmeal, £l4. Potatoes (nominal)—Derwents £3 ISa to £4 at country stations. Oatsheaf chaff, £3 6s to £3 lOsJat country stations. Grass seed—Ryegrass, prime heavy, town dressed, 4s 31 to 4s 6d j Italian ryegrass, town dressed, 4s 6d ; cocksfoot, 3d for off colour, to 3jd for bright 121 b, 3Jd for bright 141 b seed ; town machine dressed, to 4|d ; white clover, 8d to 9.Jd ; cowgrass, weathered, 5d to 63d. Dairy produce—Cheese, factory, 5d to s|d ; dairy, to 5d ; butter, factory, local, 114 d ; North Island lid ; dairy, lOd for prime; salt (in boxes) 9d ; bacon, hams, 7d 10 8d ; factory bacon and hams, $d higher f.o.b.—Pi ess.