COMMERCIAL.

Evening Star, Issue 12765, 19 March 1906, Page 6

COMMERCIAL.

We have advice that the Flour-miling Trust are selling at Auckland aft an allround price of £7 16s per ton net in the Auckland stores, while the same flour is realising £8 10s in Canterbury and £9 in Dunedin. THE MARKETS. Press Association—By .Telegraph—Copyright. LONDON, 'March 18. (Received March 19, at 7.30 a.m.) Copper : Spot, £BO ss; three months', £BO 10s. Lead, £l6. , Silver, 30 1,-16 d per oz. Tin plates, £l3 to £l4. Wool : There is a further hardening tendency and keen competition from all centres. To date 48,067 bales have been catalogued, and 47,287 sold, including the Rockwood clip, Hid, and HikorangL

Wheat: Ten thousand qnartere of New South Wales,sold at 30a 6d. Hemp : Quiet and unchanged. Rabbits : A brisk trade. Large Sydney, 15s- to 16s;' Melbourne, 15s. • • ' Frozen mutton : Sheep—Canterbury light, 4|d; medium, 4§d : North Island, 4 3-16 d; best- brands, 4^d; other sorts and lamb and beef unchanged. River Plate sheep—Heavy, 3J-d; light, 3, 9-16 d. Beef unchanged. ••• '■ GRAIN AND PRODUCE REPORTS. Donald Reid and Co. report:—We held our weekly sale of grain and produce at our stores to-day. There was a moderateattendance of buyers, to whom we submitted an average catalogue. For oats.'and wheat competition was slack, and onlv a few sales were effected.. Potatoes and chaff, had more competition, and nearly ;dl the lines on offer were cleared at quotations. Prices ruled as under: Oats.—There as no change either in values or demand. The export trade being done is on the smallest possible scale, and as only a limited quantity can bo placed locally consignments are not readily disposed of. Thresliing hos now begun, but 60 far the only samples received ;ire from Northern districts. We quote: Prime milling old oats, Is lid to Is lUd; good to bast feed. Is lOd to Is lid; "medium, Is 9d to Is 9Jj,d per bushed (sacks extra). Wheat.—Mailers are supplying their immediate requirements with new wheat from early Northern districts at prices- which show a considerable reduction on late values for old wheat in this market. The latter class is therefore difficult .to deal with, even at a slight sacrifice in value. Fowl wheat is not offering plentifully, and in comparison with milling quality commands good sate. Wo quote: Prime milling, 3s 3d to 3s 3d; medium to good, 3s 2d to 3b 3d; whole fowl wheat, 3s Id to 3s 2d; broken and damaged, 2s 9d to 3s per bushel (sacks extra). Barley.—There is good inquiry for prime bright new season's milling quality. So far most of the samples to hand from the North are more or less discolored, but sound lines, plump and brigni, can be placed at a slight improvemeEfc on late quotations. ■ "" Potatoes.— Fair supplies have come forward during the past few days, and late quotations are not rmdntaineil. At to-day's sale we submitted several lots of good white sorts, widen realised £8 10s to £9 for beat lines, and for medium £7 to £8 per ton (sacks included). Chaff.—Prime'oaten sheaf has not been quite so plentiful, and with fair local demand prices have advanced about 2s 6d per ton. Medium and inferior lines are still quite neglected, and are in over-sup-ply. We quote: Prime oaten sheaf, £3 12s 6d to £3 17s 6d ; rmdrum to good, £3 to £3 10s per ton (bags extra). Pressed straw is'offering at a slight reduction on late values. held our weekly sale of grain, etc., at our store? 1 o-day. Our catalogue, which was a fairly representative one, met with competition, and the greater portion of' the lot was quoted at full market rates. Prices now rulmg are as under:— Oata—Lately there has been a small inquiry for milling oats, and this, combined with the demand for oats for horse feed locally, has pretty well cleoted up stocks of old oats in stores. Not many new oats are offering in this market, but shippers are ort-rating both in. the Oamniu and) Timaru districts, and a fair number of lines have changed hands. We quote-. Prime millm", Is lid to Is medium, Is 10£ d To lfi lid; inferior and medium, Is 9d to Is lOd per bushel (sacks extra). Wheat—There has been a fair inquiry during the past week for both new and eld wheat. There is, however, a difference between buyers' and sellers' ideas of values of from Id to 2d per bushel. Prime wheat is most in demand. Medhnn quality is difficult to place, but a limited quantity finds an outlet locally for fowl wheat, for which a fair demand exists at late rates. We quote : Prime milling, 3s 3d to 3s 4d; medium, 3s 2d to 5s 24-d; best wnoie fowl 3s Id to 3s 2d; broken and damaged, 2s 9d to 3s per bushel (sacks extra). Potatoes.—Consignments are now comduoto hand more freely, and to effect sales a reduction of 10s per ton on prices quoted a week ago has now to be accepted. Best sorts realised at auction to-day £8 10s to £9 per ton (sacks in). Chaff.—Prime oaten sheaf is still in good demand, and showa a slight advance in value. At our sale to-day two trucks realised £3 17s 6d. Medium chaff is slow of sale, buyers preferring to give 7s 6d to 10s per ton more for prime quality. We quote : Prime oaten -shear, £3 Lis 6d'to £3 17s 6d ; medium, £3 ss' to £3 10s per ton (bags extra).

THE HIGH COMMISSIONER'S CABLE. WELLINGTON.. March 19. The Tndostiies and Commerce Department has received the .following cable from the High Commissioner, dated the 16th:—Stocks of New Zealand mutton are firmly held in a few hands. Tho transactions are of a moderate nature. The receipts during this year only total 112,689 carcasses. Ike average price of Canterbury mntton to-day is 4Ad per lb; North Island brands, 4^-d; Australian, 3J,d ; -and River Plate, 3|d. Tho kintb market is quiet, in anticipation of heavy arrivals. The average price is: Canterbury brands, s^d; other than Canterbury, s|d. The- Australian lamb supply exceeds the demand. There are large sales at for the best quality only. Ordinary quality is selling at 3|d. The beef market is steady. The stocks of New Zealand beef on h-uid are of a light average. Price: Hindquarters, 3Ad; forequart rs, 2|d. The butter market is steady. There is a fair demand for better grades. Large supplies are cominnforward of ordinary quality of Australian" "which affects the market. The average price of choice of New Zealand butter today is 104s; Australian, 98.5; Danish, 118s per cwt. Tha chitse market is very firm at 62s per cwt white, and 64s colored. The hemp market is quiet. Moderate business is doing at unchanged rates. The cocksfoot seed market is very firai. The demand is stimulated by light stocks on hand. The ■average price is: Bright, clean New Zealand seed, 171b to .the bushel, 57s per cwt. The wool market is firm at the original advance, especially for coarse crces-breds of all grades.