COMMERCIAL.

Evening Star, Issue 13145, 29 December 1908, Page 6

COMMERCIAL.

FLOUR DUMPING. Press Association—By Telegraph— Copyrifrhi, LONDON, December 28. ' Tlie Times'' Berlin correspondent reports that Switzerland's threat to resent the dumping of German flour at low prices has caused German merchants to open negotiations with a view to arrive at an understanding. GRAIN AND PRODUCE REPORT. Messrs Dalgety and Co., Limited, report as follows:—We held our weekly sale of grain and produce at our stores to-day, when we offered a small catalogue to a fair attendance of buyers. Yery moderate clearances were effected under fair competition. Values ruled as under: Outs.—The demand rules dull, with prices about on a par with late raUNS. Stocks in stores are now in small compass. In this market business i« practically suspended owing to the holidays. We quote: Prime milling. Is to ls"8d ; good to best feed. Is 6d to Is 7d ; inferior to medium, Is 3d to Is sjd per bushel (sacks extra). Wheat.— Quotations in the absence of business of note are more or less nominal. Very few lines .Tre offering, and it is improbable that any sale* will be effected until after the liolidays. We quote: Prime milling. 4s 8d to 4s 9d ; mediuml milling and fowl wheat. 4s 6d to 4s 7d ; broken and damaged, 3s lid to 4s 5d per bushel (sacks extra). Potatoes.—Offerings of the new crop are now fairly heavy. Quotations: Auckland--cases £lO. bags up to £9 10s per ton; Oamani. up to £lO 5s ; Peninsula—prime lid to small Id. The market is quiet, and the season is practically over for old sorts. We quote : Nominally best Up-to-dates. £3 to £3 10» per ton. Chaff. -Supplies are light, and values are fully maintained for choice quality. Inferior ami medium descriptions, however, are still slow of sale, and show uo improvement in prices. We quote: Prime oaten sheaf. £3 10s to £3 15s ; medium, £3 to £3 7s 6d; light inferior and heated, £2 10s per ton (bags extra). SOUTHLAND MARKETS. [Special to the Star.] —-G-ain and Produce.— Oats.— Thero is nothing very fresh to report in connection with thin market. The export demand is very quiet, and in view of the New Year holidays merchants d) not expect any increase in business. The s.s. Morayshire is loading at the Bluff eaily in January, and is booked to take 12,000 sacks from Southland for West of England ports. It is expected that the February steamer will also take a quantity, and tnat should just about clear out the pre.-ent stocks and leave a clean sheet for new season's. Present quotations are 1* 4£d to Is 5d o.t.c.s. (sacks extra at wayside stations). Chaff.—This market has suffered nq alteration since last week, and quotations still remain at £2 5s to £2 7s 6d per ton o t.c.s There is no export inquiry, and the only business doing is in connection with the usual local demand. Grass seed is quoted at Is 9d to 2s 0.t.c.5., but there are no lines chaneinc hands. * s Wheat and barley are also at a standstill, and no business is passing. —Stock.— The Invereargill stock agents' sale at Wallacetown was the only one during the week, and there was a very fair entry of cattle (360), but only some 2,000 sheep, which, owing to the shortage and Christmas requirements, advanced 2s to 3s in price. There was a good attendance of buyers, and competition was keen as far as sheep and lambs were concerned. Beef was quoted at only 20s per 1001b, although the quality was better than usual. A few pens of extra prime did reach 225, but the ruling figure was 20s, and cows and heifers trom 18s to 20s. Fat bullocks (122 yarded) brought £8 to £9 ss, and a couple of pens of extra prime £lO 10s to £ll, while inferiors ranged between £6 and £7 10s. Cows and heifers realised £9 10s for best, £6 to £8 for good, and down to £4 10s for lighter sorts. In stores three and four-year-old steers srld at £4 10s to £5 15s, -two-year-olds £2 to £5 7s, yearlings 25s to 455, calves 10s to 20s, dairy cows £5 to £6 10s, ordinary and aged £2 10s to £4. In sheep fat wethers in wool changed hands at the splendid figure of 19s 5d to 24s lOd, shorn do 15s 3d to 17s 6d,'ewes in wool 20s 3d, and shorn 15s to 14s lid. The fat lambs were in good condition, and extra heavies brought 15s to 16s, and mediums 12s lo 14s. The 900 stores realised lis 6d for two-tooth mixed sexes, 7s 3d for shorn ewes with lambs fall counted) and 8s 8d to 10s 6d for same in wool. ' There were no pig or horse sales durine the week. 6 '