COMMERCIAL.

Press, Volume LII, Issue 15500, 29 January 1916, Page 12

COMMERCIAL.

ij t C*b'e- —Pre»« Aatociation.—Copyriglit.) !' ' MELBOUUXE MARKETS, j MELBOURNE, January 28. ' Brr.n —£.'1 10i. Pollard—£'o 10s. j o-i ti .— -Milling —5 3d, feed 2s to 2s 2d. Maiitf —<->s 3d. Potatoes —i: 1J to £'13. j Onions — to £- ss. ! Tilt? Xe-.v Zealand Lean and Mereani ;,l c . Agency Co.. Ltd., have received a | cablegram from London giving the ! undernoted market information :— I "Woo! market active. Compared with j December 23rd, prices are higher; j merino superior medium 3 to 7-} per J co/it.. inferior faulty lambs TV to 10 ! per ccnt., crossbred iir.e o per cent.. ! medium coarse ami lambs and slipe fine medium 5 to 7 1 . per cent., coarse ■ and lambs 7j To .10 ])er cent.'' ! The New Zealand J,oan and Mercani ti'.o Agcncy Co.. Ltd., advise having : re- eived the following cablegram from i London : —"Tallow : \\ a fjuote present ! spot values for tlie following descripi tions: I' ">ne mutton oo.s ud per ewt.. good beet -"»ls 0d per cut., mixed 33s . per cut. The market is duii." iCrn.MX AND PUODrCE ii Alt KILTS. '.nv orn coMiiKticiAi. EDixoii.) Friday evening. | There is a fair quantity of wftcat : ofiVi ing, iiut it is mostly from early j iipene:i crops, and therefore light in i the grain. On the other hand some, of i the sampies are fairly plump, consider- ! ing the v/eather. The sales effected ! have been chiefly at os to 5s -d, but in odd c-.ites a little more lias been paid, j 'The millcr.s are not anxious to begin j to stock up on account of the strong i position held by Australia in the wheat ' and flour marliet. I Very few oats are coming on tho I market. Gartons are selling up to 3s j 3d, at country stations. Southland j merchants are quoting oats at 3s f.o'.b. j J'luff, wicks in, for delivery up to the | end of December next, tho crop this j year being a very heavy one. j Sales of oatsbeai' chaff have been i made at £5. and also at i-'l 15s, at j country stations. The following arc the prices paid to farmers at country stations, tree of commission, sacks extra, except whero otherwise .stated: — Wheat—os to os *ld. Oats —3s 3d to 3s -id for Gartons, and 3s od to 3s 6d for Duns. I I'arley—Malting, -Is to os (3d. Flour—'£l3. f.0.b.. 1001b . bags £13 10s, otlib bags £13 15s, -51b bags £14. . ]?ran —£5 per ton. for shipping. Pollard —£0 per ton, for shipping. Oatmeal —£20 per ton. Oatsheaf Chaif —£-1 log to £5. Uregrass—os. Peas—Partridge, os. Cocksfoot —Xomi na I. WHEAT FOII EXGL.AXD. A cable message from Sydney, published in "The Press" yesterday stated that "the Central Wheat Committee has agreed to pay 70s per quarter f.o.b. (Sydney for 6000 tons of wheat for shipment Home in May, which is an advance cf Is on the previous prices." There is an obvious mistake somewhere in this message, _and tho prico probably should bo 70s c.i.f. London, instead of 70s f.o.b. Sydney. TJAIIIY PRODUCE. There is no change to note in dairy produce. Heavy shipments of dairy produce continue to be made from the North Island, but the milk supply is now begiujiing to easo oil considerably. Wholesale prices are : — Butter —Factory, Is farmers' separator Is Id, dairy Is. Cheese—Factory (last season's) lOd, dairy 9d, loaf 9d (new season's), factory Sid, dairy 7Jd to Bd. Kacon —Sides lid, rolls Is, hams Is. Honey—Extracted. -IJd per, lb. Eggs—ls 3d per dozen. FRUIT AXD VEGETABLES. Vegetables are fairly scarce. Stono fruit from all parts has. been in heavy supply. A large shipment of bananas arrived at the beginning of the week from Fiji, and met with a. moderate demand. A shipment is due from Cook Islands on Monday. Wholesalo quotations are: — Apples, dessert !2d, cooking Id to l£d .peaches 2id to 3Jd, pears Id to I'd, plums Id to IJ-d, nectarines 3d to 4d, apricots 1-Jd to 22d. raspberries 7d, local hot-house tomatoes 5d to 7d, Nelson 3d to 4d. cucumbers 3d per lb, oranges 14s to 15s, bananas 10s to 12s, pineapples 10s, per case. .Potatoes 12s to los per cwt, cabbages 3a to 4s,' cauliflowers I's to 3s, carrots od, turnips Sd, rhubarb 2s to 3s, per do7.cn;, onions 8s to 9s per cwfc, neas lid to Is per peck, beans os per ib. LEESTOX STOCK SALE. Although harvest operations are in full swing throughout the Ellesmere district, tliero Was a good attendance, of farmers and others at the fortnightly stock sale held at Leeston yesterday. The market, however, was a very small one, and selling finished at an early hour, tho majority of farmers returning home as soon as their business at the sale was finished. Entries comprised 420 sheep, 90 fat pigs, 101 store pigs, and less than a dozen head of cattle. Of the total entry of sheep nearly 300 were store lambs. Eat sheep, of which the entry was very small, sold well, and priccs for store lambs in forward condition were if anything a little better than at recent sales. Well-finished bacon pigs continued to realise remunerative rates, tho prices obtained being .equal to ojd to 6d per lb. Store pigs were not nearly so numerous as at tho pre- ] vious sale, but the demand was still weak, the feed shortage, which is now very acuto in most parts of the district, being tho cause. There was practically no demand for store cattle. The rango of prices was as follows: Fat wethers, los 7d to 16s: fat lambs, 19s Gd; forward store wethers. 13s; forward store lambs, 12s 6d; store lambs, 7s Id to 7s 3d; store ewes, 6s to 9s; bacon pigs, 57s to 85s 6d; porkers, from 375; large stores, 31s 6d to 395; medium from 14s; small from 9s Gd; weaners from Is 3d; store cows, £3 to £3 ss; springers, to £9; bull. £G. TIMARU MARKET. (special to "the pkkss.") TISLA.RU, January 2S. Very little wheat has been offered during tho week, and most growers, not being satisfied with ruling rates, are holding in the meantime. A few sales, however, have been recorded for Southern millers' irnmediae requirements at 5s 3d on trucks, country stations for Tuscan, and 5s 5d for Velvet. but these requirements having now been filled, it cannot be said that the prices mentioned ->are _a fair criterion of market value of the now crop. Millers for tho most part are still adopting a waiting policy, and if the market resifches 5s on trucks, buying will probably become general, but in face of the fact that a large lino of Tuscan and Redchaff (old wheat) was sold to-day at 5s 6d per bushel delivered in'Timani to a local miller, it would appear that some millers are short of wheat and will not be able to wait much longer * before replenishing their stocks. A fair quantity has been threshed out of stock and returns, although Tow compared with a normal season, are in most cases exceeding growers' estimates prior to threshing. = Odd lines of Garten oats have been offered and picked up at 3s 2d to 3s 3d, en trucks, at country stations. So far the quality of the oats that have been offered has been good considering the dry season, and tho yield■' better than was expected. — j Two or' three lines of new barlev have changed hands at from 5s to os 30. on trucks at country stations, according to quality.

SOLD FOR RATES. An unusual land sale was conducted by Messrs. Tonks. Xorton and Co. yesterday. when .several city properties were' sold through the Registrar of the Supreme Court, at the instance o: the City Council,, for non-payment of ! outstanding rates. The properties were fairly well loaded in the way of mortgage * advances, and were mostly bought in by the second mortgagees for their own protection. Prices consequently were not unduly - high. Dotails are as follow: Lot I, small shop and dwelling. 316 Durham street, .5 8-10 perches, £250. Lot 2—Large two-storeyed dwellinghouse, 8 rooms, corner Clifton and Poulson streets, Sydenham, 22 porches. £425. Lot 3—Cottage. X'o. 7 Queen street, j Sydenham. 15 perches, £400. ' Lot 4—Five-roomed cottage. Cecil street, Sydenham. 14 perches, £4SO. '• Lot s—Five-roomed bungalow, 252 j Kinloch street, St. Albans. IS.O per- j ehes. £425. i Lot G—Six-roomed house, X'o. 216 i Ferry road, Linwood, one rood. £300. I XAPIER WOOL SALES. i (I'RISS ASSOCIATION- TiXKURAJT.) NAPIER, January 2S. Practically all the hands have been dismissed front the wool stores at Port Ahuriri. Tho third sales were to have been held to-dav, but there is no indication as to when the sales will be continued. All the sheds are filled with fleece.