COMMERCIAL.

Press, Volume LIV, Issue 16162, 16 March 1918, Page 7

COMMERCIAL.

grain and produce MARKETS, l (Br ora commercial editor.) : Friday Evening. 1 The increased prices arranged- be- « twecn the Minister of Agriculture and i the millers provide for a rise of 10s per ton in fiour in sacks, making 1 ho ' price £15 10s per ton, but' there is a : further advance in the- price of flour 1 in bags. Formerly there was a dit- ; fcrencc of IDs per ton between vi:e price of llour in the different sizes of j t>itgs. but the rate of advance is tow 15s per ton. This is du© to the increased cost of the bags. dS 1 advanced from £3 10s to £5 10s, the < latter price being for shipping, and tor the local trade, in which the bran i» put into smaller bags, the price is ~o 15s per ton. Pollard is advanced from £6 15s to £7 10s per ton. . There are no changes to note in the ( grain market. The purchase of wheat is being carried on steadily at tae > Government price. Oats are very scarce and farm, e~peciallv seed lines required for autumn sowing. Cartons are worth 4s, i'.nu other varieties 3s 9d to 4s, at eountiy stations. , , Oatslieaf chaff is in good demand, and prime bright samples are worth Co per ton, and discoloured —■* to £4 10s. , , . . There is a fair amount of business being done in potatoes for immediate and forward delivery. There is a large area of red clover shut up for seed this season, but the cutting of the crop is only beginningSvhite clover is commanding hign prices, best samples being worth Is 9d to Is lOd per lb. whilst samples containing more or less sorrel are selling at Is upwards. . The following aro the prices paid to farmers at country stations, lice ot commission, sacks extra, except where otherwise stated:— Milling wheat, according to Government price. South Island, JanuaryFebruarv, and March us lOd, April 5s 10U1, May os lid, Juno 5s 11id, July 6s, August 6s OJd, f.0.b., North. Island 4d additional. . , Oats.—Algerians, Duns, and Danisn 3s Cd to 4s; Cartons 4s. Barley 5s 6d to os 9d, extra prime to 6s, medium os to os sd. Flour—£ls 10s per ton; 1001b bags, £16 ss; 501b bags, £16 10s; 251b bags, 15s - ! i - -- Bran.—Shipping £o 10s, local o jos per ton. Pollard—£7 10s per ton. Oatmeal—2slb bags £23 per ton, /lb bans £26 per ton. Oatslieaf Chaff—£4 to £4 10s, best £5 per ton. Cocksfoot—loid to Is per lb. Ryegrass. —231b to 261b seed 3s 6d to 4s, extra prime heavy seed to 4s 6d, lighter seed 2s 6d to 3s. White Clover—Best Is 9d to Is lOd per lb. _ Onions. —Main crop £3 los. Potatoes— £3 5s to £3 10s for present or forward delivery. DAIRY PRODUCE. There are no changes to note, and wholesale prices are: — Butter—Factory Is 6d net, farmers separator Is 2d, dairy Is. Cheese—Factory lOd, dairy 9d, ln»f 9Jd. Bacon—Sides Is 2d, rolls Is 3d, hams Is 3d. Honey—Extracted 6d per lb. Eggs—ls 6d per dozen. FRUIT AND VEGETABLES. A shipment of Fiji bananas arrived and was taken up eagerly. Passions are coming forward from Auckland. Tomatoes "have been somewhat scarce during the week, and prices are firmer. Apples and pears are plentiful. Supplies of vegetables have been ample. Potatoes are in over-supply, and the market is weak. Wholesale average prices are:— Apples, dessert, os to 6s 6d per case, cooking 3s to 4s, pears 3s 6d to 5s 6d, plums 2s 6d to 3s 6d, nectarines 7s to 9s. peaclies ? choice dessert 3H to od per lb, medium 3d to 4d, blackberries 6d to Bd, grapes, black 8d to Is 3d, white 6d to lOd, Fiji bananas i7s 6d to 19s 6d per case, 'Frisco lemons, 36's 50s, Cook Island oTanges 15s to 17s, tomatoes, choice 3d to 4Jd, medium 2d to 3d per lb. French beans 2d per lb, broad beans 2s per bag, beet. 6d to 9d per dozen bundles, carrots Bd, parsnips 8d to 10d. radishes 4d, spring onions Gd, turnips 4d, rhubarb Is 6d, cabbages 6d to Is per dozen, cauliflowers, large 48 6d to 9s, medium Is 6d to 3s Ixl, lettuce 6d to Is, marrows Is 6d to 3s 6d, pumpkins 4s to Bs, cucumbers Is to Is 3d per box. celery 5d to 7d per bundle, green peas Is 3d to Is 5d per peek, kumcras 4s 6d per case, onions 5s to 6s per cwt, potatoes 4s to 5s per cwt. OXFORD 1 MARKET. There was a big yarding of sheep at the Oxford sales on Thursday, but the attendance was rather smaller than usual. The total entry was about 11,000, of which fully 2000 were fats. The demand for the fat sheep and lambs held firm throughout the sale, and late market prices were maintained. In the store pens the yarding consisted mainly of sound and failing-mouth ewes. Prices were easier for all classes of stores_ except forward which maintained, previous quotations. A few pens of good young ewes were yarded, including 60 two-tooth halfbred ewes, which were passed in at 38s 6d. Amongst the sales were: Fat wethers ] for C. Evans 124 at 32s lOd to 335; F. | G. Cleeve, 31 at 335; T. C. Home, 81 at 32s Id; F. Pavilka, 200 at 325; and j A. Cleeve, 66 at 36s lOd. Fat ewes: A. M. Cederman, 8 at 265; F. J. Meyer, 38 at 26s 6d; J. Budge. 15 at 255; F. Ffitch, 17 at 26s lOd; G. Brown, 6 at 325; C. A. Brown, 14 at 26s 6d; H. L. Ancall, 12 at 26s 2d; T. Cleeve, 9 at 30s 9d Fat' Lambs —W. Weld, 93 at 27s 9d; Mrs Gorton, 56 at 28s Id; T. Cleeve, 16 at 265; F. Ffitch, 39 at 30s 6d; 44 at 28s; R. A. Winter, 62 at 27s 8d; F. Brown and Co., 37 at 25s lid; A. M. Cederman, 65 at 27s lOd; C- A. Brown, 44 at 28s sd; Alex. Whyte, 104 at 27s od; Jas. Brown, 90 at 2<js 8a; J. Brown, 33 at 29s 8d ; C. A. Brown, 44 at 23s sd; H. L. Ancall, 60 at 26s 4d. Store Sheep.—Forward wethers: T. C. Hornej 236 at 31s 3d; C. Feary, 185 at 30s lOd; C. Evans, 323 at 2<ss 9d; E. Feary, 55 at 29s 9d. Two-tooth ewos: W. J. Hawke, 154 at 30s lOd; Mrs D. McGrath, 50 at 31s 6d; R. Wotherspoon, 105 at 31s 4d to 32s 9d; Mrs Cleeve, 46 at 34s ha; J. T. Wotherspoon, 69 at 335. Forward ewes made 21s 6d to 2os 3d, broken and failingmouth ewes lis 3d to 19s, fair-mouth ewes 22s to 25s 7d, sound-mouth ewes 26s id to 29s 9d, six and eight-tooth owes 32s 2d to 35s 4d. Ewe lambs 23s od to 24s ld 3 rape lambs 2ls Id to 24s 6d, store wether lambs 16s 8d to 21s Id, mixed sex store lambs los Gd to 19s lid. GERALDINE STOCK SALE. The yarding at this week's Geraidine stock bale included about 17,000 sheep. Thero was a very large attendance. 1" at I owes made 25s to 355, fat wethers 2Ss ' Od to 40s, fat lambs 24s 9d to 325, twotooth ewes 3±s to 40s, four-tooth ewes . 37s to 33s 9d, four and six-tooth ewes 34s 3d, two, four, six and eight-tooth ewes 35s lid to 38s Od, four, six and eight-tooth, cv/os 30s to 32s Gd, six eight-tooth ewes 30s 5d to 365, soundmouth ewes 21s 4d to 325, sound and failing-mouth ewes 26s 3d, full-mouth owes 21s to 295, halfbred ewes 26s Cd to 29s 2d, threc-quarterbred ewes 6Vs 3d, merino ewes at lis 6d, culls at os. ; Fat heifers £9 10s. stores ~8 to „8 _3 Od, springers £11 7s 6d, and calves 14s to £3 15s. XEW ZEALAND MEAT AT HOME. Mr Gilbert Anderson informs our London correspondent (who writes unj der date of January 22nd) that satisfactory- arrangements nave been made regarding the distribution, of -New 4ea-

land meat, which shall be by nominated agents through the usual channels, as formerly. The area to which such meat as is available is to be distributed wilt bo in conformity with instructions issued by the Director of Meat Supplies from time to time, as circumstances arise. Nominated agents' commission is fixed, as formerly, at 2 per cent. ■Wholesalers' profits 011 meat is fixed at 21 per cent. The price to the butcher is 11 Id, his price to the public must not exceed 14d. No further profits or allowances are possible, separately or in the aggregate. No bate is allowed on meaT. it_ being sold on store weights. The multiplicity of New Zealand nominated asr.ents is a source of considerable difficulty, and leads to a failure of con. cintrated effort in the growers' interest. Large supplies are urgently wanted. PROPERTY MARKET. Jones, McCrostie Co.; Ltd., sold at auction, yesterday, a six-roomed house (29 Whiteleigh avenue, Addington), and '29 perches of land, for iXJtiO, to -Mr Turner. AUCTION PROPERTY SALE. Two properties, Nos. 133 and 130 Peterborough street, City, were sold by W. E. Simes aud Co., auctioneers, to Mr J. Ltoyd, at a satisfactory figure. To-day, five properties will be submitted to auction—On account the Public Trustee, house and land, No. 31 Cornhill street, St. Albans; building site in Baker street, New Brighton. Also account Mr Quartermain, land and dwelling-house, No. 25 Hagley street, Lower Riccarton. Account Mr Langford, land and house, No. 24 Devon street, Sydenham. Account Mr Smith, building site, Roker street, Sprcydon. The sale will commence at 12 noon, in tho rooms of W. E. Simes and Co., auctioneers, Hereford street. On Tuesday next, at Leinster road, Papanui, W. E. Simes and Co. -will hold a clear-ing-out furniture sale, on account of E. D. Mosley, Esq., SiM. 2321 NIGHTCAPS COAL. The great coalfield at Nightcaps is on the eve of being fully developed, a large amount of capital being available for that purpose (remarks the "Western Star"). An outlet is being sought for the ooal, and eyes have been turned to Riverton, which port is the natural outlet for tho Western district. We may, in the future, see a great development in this direction, as we understand the whole output of these mines is for markets further north, and the coastal carriage is the cheapest. The companies concerned will no doubt have their own line of coal boats. CHBISTCHUBCH STOCK EXCHANGE. LATEST QUOTATIONS.

YESTERDAY'S BUSINESS ON OTHEB EXCHANGES. (rBESS ASSOCIATION TELEGRAMS.) DTTNi-nJI.LV. Sales: —"Weetport-StocrTon, 8s (three sales); Waihi, 38s Gd, 38s 4d, 38s 3d; Portland Cement (ptej.), 20a. _ Sale reported:—W ailn Grand Junction, 15a. MIKING. BOATMAN'S CONSOLIDATED. The manager of tho Boatman's Consolidated Gold Mines, Ltd., reports as follows for tlie two weeks ending 9th inst:— "The contractors have completed the chamber and extended the cross cui 1S?I; total distance from shaft 39ft. The counTry passed through has been very hard, but at present it is a r dark elate, showing small veins of quartz. Sinoe last report I have got one cage working in the shaft with the usual safety appliances, one eet of chains at the brace, and four trucks going satisfactorily. The other cage will be on as soon as possible.''

•Buyers. Sellers. £ 6. d. £ s. d. BANKS— New Zealand (£3 6a 8d paid) .. .. — 12 8 6 CEMENTS— Golden iiav .« — 10 0 INSURANCE— Farmers' Co-op. Assn. pref, £5 paid) .. 7.50 — Farmers' Co-op. Assn. (prof., 50s paid) .. 3 12 6 — National .. .. 3 0 G — Standard .. 2 10 MEATS— Canterbury .. .. 9 7 6 — xN.Z. Refrigerating (newissue) .. — 2 0 0 MISCELLANEOUS— Mason, Struthers (£1 paid) .. .. 12 0 — N.i6. Drug Company .. 2 12 6 — N.Z. Farmers' Co-op. — 2 3 6