COMMERCIAL.

Oamaru Mail, Volume XL, Issue 12538, 8 May 1915, Page 6

COMMERCIAL.

THE HOME MARKETS. [Bt Electric Telegraph—Copyright.] Peti Press Association. Received May 7, at 2.40 p.m. London, May 6. At the wool sales there was a better tone. Crossbreds are unchanged. The following varices were realised for the fleece portions of the clips named:— Awaroa, top 16d, average 14 jd; Pakira, top lad. average 14Jd. Bradford—Merinos are strong: medium and low crossbred neglected. Sixty-fours, 32d; super sixties, 33A (sic)'; common sixties. 301-d; fifty-sixes. '_'9id: fifties'. '2S\d; forty-fives. 25 Ad ; forties, 23-'.d.' Sheepskins—B6oo bales of Australasian >skiu s were offered and 6200 were .sold. There was a fair attendance, but competition was irregular. Merino combings a farthing lower, crossbred combings and all clothings a halfpenny. Wheat is firm, with few offers. Flour is firm", and tending to become dearer. Oats are quiet: New Zealand 3.5: Bahia-Blanca, Mav-Jtine shipment 30s 3d. Peas —Quiet. New Zealand maples. » CSs to 0-js. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cable from their Ixmdon house under yesterday's date: "Sheepskins.—Combing merino is a farthing lower, i-rossiin d halfpenny. and shorn a penny lower." THE CHRiSTCHCUCH -MARKET. (Per Press Association.i Christchurch, .May 7. There is very little wheat offering, but neither millers nor merchants appeal - to be operating. Nothing can be done iu eats in'view of the lower prices ruling in Southland. Oatslieaf efiaff i> linn, but not much business is being dune in straw chaff or baled straw, as There is difficulty in getting shipping space to Australia. The potato market is quiet, and buv. <ts are only offering i' 3 10s to £3 1-js at country stations, as the quantity eoming forward has been larger than could be dealt with. DLWEDIX MARKETS (Otago Daily Times.) There is very tittle doing iu the local wheat market. Millers are not responding to the ofters of farmers, and as the latterare not prepared to accept lower values, business is very slack. Prices (nominally) mp.y be quoted as follows: — Tuscan, 6s 6d: red wheat, (5s 7d: velret, 6s Sd to 6s 9d (on trucks, country sidings). Bakers are not too keen to buy any quantity of flour, as they anticipate a. I drop in the current quotations.

The tariff of the New Zealand Flour and Produce Agencv Company is as follows:—Sacks. £l7 10s-: 1001b ba-<£s. £18; 601b bags. £lB ss: 251b bags, £lB 10s. Pollard, £9. Bran.. £7 los. Oatmeal is quoted at £2O a ton for •-•:.'.-■; PearJ barley. £2l 10s. • Oatmeal-has been'reduced iu price by £1 a- ton. .. . .

. Prices for oats show- a decline, during the week, consequent on an absence ot shipping business. Export business being entirely prohibited by the Government (with the exception of the fulfilment of forward contracts with Australia), shippers have only the North ■lsland to look to. .Merchants there, however, are well supplied, and are displaying little interest in the market. Farmers have been offering oats freely, but local merchants are unable to absorb these lines at anything like late rates, and their buying limits have boon reduced by 2d to 3d per bushel. Country lines are freely offering at 3s 3d to 3s 4d, on trucks, in the Gore district, but merchants, having filled their vequiremeuts at these, prices, are nowonlv offering 3s 2d to 35".3d. If the North Island merchants continue to keep off »'he market, it would" appear that prices must further recede. During the week sales of A Carton have been made at 3s S.Vd (f.0.b., sacks weighed in),, and B's at as low as 3s 7d: Consignments of chaff are about equal to the .demand, and there is no difficulty iu quitting all prime samples. Medium quality meets with only a failinquiry. '•" J CLEARING SALE AT TAPTJI. Messrs Wjirjht, Stephenson, and Co. (Ltd.).report having held, on "Wednesday last, a (successful clearing sale on account Mrs S."\Yaite. "A large number of buyers attended from .all the surrounding districts. The sheep came forward in good condition, and mi the face of the present state of the market, realised very- satisfactory prices. .The cattle, etc.-,'-also brought full value. The folloM ing are some uf the sales : 200 4-looth crossbred, ewes. IRs 7d : 5-84 do at 18s 7d: 400 2-tooth crossbred ewes. 17.-: 222 do at. Itis lid : 498 4 and 5-year-old Imlfhred ewes, lis.: 57 do at 5s 6d: 54 do at 7s 3d;. 164 do (fat) at 13.- 4J: 510 fat lambs at 15s lid; 307 ewe lamb- (fao'at'l4s id: 100 forward lambs', Ps sd: 12 small lambs at 4s; 9 Border rams nt. J Igus,. 1 do at 2jgns: English Leicester rams at 4}gns each; Shropshire rams from Jgu to 2gns. ' Dog-cart £5. harness £2 12s Gd. liorse £l2 10s, cow £33 ss, 2 do at £5. 2 yearlings al £1 10s each.