Commercial.

Waimate Daily Advertiser, Volume VI, Issue 8, 21 January 1905, Page 4

Commercial.

... CHRISTCHURCH WOOL SALKS. Chkistchuech, January 19. The third of the series of wool sales for the season was held to-day, all but star lots being disposed of by 11 o’clock to-night. 20,444 bales were catalogued. The wool generally was in good condition and well grown. At the opening there was an absence of demand for merino, and though a slight improvement came later, the bulk of the fleece was passed. Pieces however, sold well; goed halfbred improved on last sales values and an increase of about £d was recorded in best half and three-quarterbred. The following were the prices—Merino, superior, 10 l-2d to lljd; medium to good, to 10£d; inferior, to 9d. Half bred, superior, lid to 12d ; medium to good, 9fd to lOJd; inferior, B|d to 9 l-2d. Three-quarter-bred, superior, lOd to 10 l-2d; medium to good, 9i to 9|d ; inferior, 8 1 2d to9d. Crossbred, coarse and superior, 9f to lO^d; medium to good, 9d to 9 l-2d ; inferior, 8d to B£d. Pieces, merino and half bred, superior, 81-2dto lOd; medium to good, 7£d to B|d ; inferior, 6 l-2d to 7d ; crossbred, 6d to Bd. DUNEDIN PRODUCE REPORT. Wheat —There has been a good enquiry for prime milling samples during the week, but medium quality is practically unsaleable. Quotations are — Prime milling, 3s 7d to 3s 9d, medium to good 3s 3d to 3s sd, best whole fowl feed 3s Id to 3s 2d, broken and damaged 2s Gd to 3s. Oats—Owing to the smallness of the) stocks in store and the fact that holders are in most cases disinclined to sell, oats of all classes are difficult to obtain. There is a good demand for A grade Gartons and iSparrowbills for Homt shipment, while good feed sorts command a ready sale for the North Island and Australian ports. Quotations—A grade Kparrowbills and Gartons, suitable tor Home shipment, Is B£d to Is 9d, best milling Is B£d, good to best feed Is 7d io Is Bd, medium Is 5d to Is ; acks extra.

AUSTRALIAN MARKETS/ Sydney, January 18. Wheat, chick. 2h lOd to 2s lid; shipping. 3s 4d to 3s 3< 5Jd. Flour, £8 lUs ip £8 15a; oats, Tasmanian white feed, 2i 4d to 2a 7d ; Algerian, Is lOd to Is lid ; Barley, Cape, 2s 3d to 2i 5d ; Maize. 2a 9d to 2s lid ; peas, 4s 7d ; Bran, 9d: pollard, Is 3d ; potatoes, local, £6 to £9 7s 6d; onions, £l3 ; butter, B£d to 9d ; bacon, 6d to Bd. January 19. At the Hnmbush sales prices of sheep were unchanged. Crosobreds were in small supply. Best wethers sold at 16s to 18s 3d, good 15s to 15s Gd, best ewes 15s Ur*l7s. Cattle showed a decided advance, best bullocks fetching £9 15i to £lO 15s, good £8 10s, best cows £7 10s to £8 A Is, good £6 10s. The wwk’f?woqi sales closed very and animated at full late rates, sooureds and crossbreds being specially strong. Medbourne. January 18. < Wheat, 3s 4d to 3s 4jd; flour, £8 to £8 fis; oats, Algerian seeding. Is 8d to Is 9d ; feeding, Is 4d to Is 7d ; maize, 2s 5d to 2s 7d ; bran, lOd : pollard, Is; potatoes, £4 to £6 10s ; onions, £ll to £l3. January 19. For hides competition was brisk, pricsf for all sections showing an advancing tendency. New Zealand eloute. 6|d to 7d . heavy, 5d to ssd ; average and medium, 4gd to sd. For tallcw the demand is dull at late rates. Adelaide, January 18. Wheat, 3s 3 l-2d to 3s 4d ; flour, £8 5s to £8 10s; oats, Is 4d to Is 6d; white, Is lOd to 2s; bran, 9£d; pollard, Is. THE HOME MARKETS London, January 18. At the wool sales two of the leading firms offered 6058 bales. There was a representative selection and a large attendance of buyers from all parts. There was strong competition both in merinos and crossbreds which were 5 per cent, above the closing prices of the November sales. The Americans were operating in merinos. At the w6ol sales competition was animated, and previous rates were well maintained. Mr H. H. Webb, the Timaru agent for the Colonial Consignment and Distributing Company, Limited, has received the following cable message from the company’s London office:—“ Canterbury mutton is scarce, and the price has advanced id ; North Island has fallen id. Quotations are—Canterbury mutton, 4fd; Napier, Wellington and North Island do., 4Jd ; lamb, first quality (new season’s), 6id; beef, hindquarters, 3|d; forequarters, 3d.” Messrs Dalgety and Co. have received the following cable message, dated London, January 18th:—“The wool sales * continue firm, and lately reported rates are fully maintained. Since our last telegram prices of tallow in general are lower by 6d per cwt. Prices of wheat cargoes are unchanged, and sales have taken place at 31s 9d per quarter for parcels per steamer to London, January shipment.” The wool sales are brisk. The Americans are operating freely. The Amer ican visible wheat supply is estimated at 58,838,000 bushels.