LATE COMMERCIAL

Dominion, Volume 23, Issue 75, 21 December 1929, Page 17

LATE COMMERCIAL

DUNEDIN MARKETS FRUIT IN GOOD SUPPLY Dominion Special Service. Dunedin, December 20. Tho holiday seasou is now close at band, and the usual qui»t time in the wheat market is in evidence. Prices are unchanged, at 5/9. sacks extra, on trucks, country sidings. for Tuscan, 6/- for Hunters, and 0/3 for velvet. Fown wheat can be quoted at round about C/3 per bushel, sacks extra, ex store. So far as the present state or the oats market is concerned, it can be stated to be firm but with not much business passing. The present quotations to farmers are 3/2, sacks extra, on trucks, for A’s, and 3/1 for B's. These quotations are more or less nominal, as there are not a great many lines on offer in this district. The shipping prices are 3/9 f.0.1x. s.u for A’s, and 3/8 for B's. Prices for ehaff remain unchanged at £6/10/- per ton. ex store, and £C/5/- ex truck. The local market continues quiet. With the increasing supplies of new potatoes interest in old tubers is daily diminishing. About £3 per ton for sound quality is the ruling figure. _ .... Business has been brisk in the fruit marts during the week. Only a small parcel of citrus fruit was on board the Manuka. A small shipment of Rarotongan bananas, transhipped at Wellington, realised high prices. A line of Fijian will be landed this morning. Oranges are in good supply. They are cheaper this Christmas than for many years past. Lemons are in short supply, and prices are high. Gooseberries have not been so plentiful during the week. Red and black currants have -a fair demand. Strawberries have been in heavy supply. Choice quality brings good prices. Most of the supplies are coining from the Roxburgh district. Fair supplies of cherries are reaching the marts. Choice fruit is not equal to the demand, but poor-conditioned is in oversupply. Large quantities of tomatoes arrived from Christchurch early in the week, and there was. an easing in-prices. Prices, however, have firmed , a little in the last day or two. ROYAL MAIL GROUP NO ELDER-DEMPSTER DIVIDEND (Rec. December 20, 5.5 p.m.) London, December 19. The directors of the Elder-Dempster Company, Ltd., one of the Royal Mail group, announce that in order to conserve the company’s cash resources, It has been decided not to pay the half-yearly dividend of 6 per cent., and the Ci per cent, cumulative preference dividend. . MELBOURNE MARKETS Melbourne, December 20. Wheat, 5/24 per bushel. Flour, £l2/10/to £l3 per ton. Bran. £7/15/- per ton. Pollard, £B/15/- per ton. Oats, 3/6 per bushel. Barley. English, 4/- per bushel. Maize, 6/1 to 6/2 per bushel.