LATE COMMERCIAL

Evening Star, Issue 14519, 20 March 1911, Page 4

LATE COMMERCIAL

PROPERTY AUCTION. The attendance was large at the Tooma of Messrs Park-, Reynolds, Ltd. to-day, when that firm submitted to auction several freehold properties. The first one offered comprised part section 45, block 22, Dimedin, containing 19 poles (more or less), having a frontage of 52 links to Leitli street' and 55 links to Athol place, with several houses thereon. After very spirited bidding, Mr Jones eventually became the purchaser with a bid of £BOS. A Mornington property and some places at St. Clair are now for private sale on easy terms. GRAIN AND PRODUCE. Me-ssrs Donald Reid and Co. report:— We held our weekly auction sale of grain and produce, at our stores to-day. Our catalogue- included nearly all the lines in demand locally, and met with brisk competition from "a large gathering of buyers. Values ruled as under: O a ts,—Consignments have not been corning forward freelv, and nearly all arriving have boon readily placed at late quotations. There is fair inquiry from shippers for lines of prime sparrowbills and Gartons at countrv stations, while medium quality linds rendv clearance in the local market. Wo quote": Prime- milling, 2s 2d to 2s 2-W1: good to best food, 2s lid to 2s 2d ; inferior to medium, Is lid to 2s Id per bushel (sacks extra l. Wheat.— Threshing is still being actively carried on in southern districts, and with satisfactory results, tho bulk of the grain being in excellent condition. Late quotations are fairly well maintained, and during- the we eli considerable business has been done. Fowl wheat is offering more freely, and lias fair inquiry for shipment. Wc "ipote : Prime milling velvet, 3s 2id to 3s Sid ; Tuscan, etc., 3s 2d to 3s 3d ; best whole fowl wheat, 2s lid to 3s Id ; medium to good, 2s 8d to 2s lOd: broken, damaged, etc., 2s to 2s 6d per bushel (sacks extra-, ex store-). Potatoes.—Consignments are coming to hand freely, and lato prices are barely maintained! At our sale to-day we offered s?\-oral prime lots, which realised up to £5 17s per ton. Medium to good have also fair demand, and are worth from £3 to £3 10s; small and inferior are dull of sale, and are worth from £2 10s to £5 per ton (bags included). Chaff.— lll': market has been poorly supplied, and any consignments to hand have met ready sile at last week's quotations. Prime quality has most inquiry, while medium lots are more saleable owing to the short supply. Straw chaff and inferior sheaf churl are keenly competed for by looal dairvmen. We quote: Prime oaten sheaf, £4 10s to £4 15s; medium to good, £4 to £4 7s 6d; inferior, £3 to £3 15s; straw chaff, £2 10s to £3 per ton (sacks extra). Straw.—Wheaten, 27s 6d ; oaten, 57s 6d to 42s 6d per ton (pressed).