COMMERCIAL.

Evening Star, Issue 14632, 31 July 1911, Page 6

COMMERCIAL.

THE MARKETS. Press Association—By Telegraph—Copyright. ToNDON, July 29. Copra: Irregular. There is small volume of business. South Sea, bags, £25 15s -'to £24. Cotton : July-August shipments. 6.49<1 per lb. Rubber. 4s per lb. Jute : Native first murks. August shipment. £2O 2s 6d. Hemp : Quiet and unohnngvd. Rabbits : Quirt and unchanged. July 30. (Received July 31, at 8.30 a.m.) Frozen Meat : Sheep, Canterbury, light SJd, medium SJd, heavy 5 11-16 d. .Southland not quoted. North Island 3id : New Zealand ewes, 3 1-I6d ; lamb?, Canterbury, light 5-gd, medium sd, heavy 4;3d. Southland 4Jd. Australian : Ewes. 34/1; beat, fores 2id. hinds 3d. South American : Sheep, light 3|d, heavy' 3 5-l6d ; ewes. 3 l-16d: frozen beef, fores 2£d, hinds 3 3-16 cl : chilled beef, fores 2 l-l'6d, hinds 3 9-16 d. All other meats unchanged. GRAIN AND PRODUCE. Jli'.sair, Donald Reid and Co., Ltd.. report:—We held our weekly auction [sale, of grain and produce at our stores to-day. when values ruled as under : Oats.—The demand for prime Cartons and sparrow-bills is somewhat stronger. Local nocks are light, and chiefly on this account little business is passing in this market. We quote : Prime milliug, 2s 4J,d to 2o 5d : good to best feed. 2s 4d to 2s inferior to medium, 2s 2d. to 2s 3£d i>er bushel (siickß extra). Wheat.—Millers are ready buyers of prime velvet and velvet-ear, and an Tuscan has some inquiry from shippers there is a better tone in'th© market. Wo emote: Prime trailing velvet. 3e 6d to 3s 7£d ; Tnscan. etc., 3s Sid to 3s 6d: medium. 3s to 3s 5d : beet whole fowl wheat, 3s 3d to 3s 4d; medium, 3s- to 5s 2d; broken and damaged. 2s 6d to 2s lOd per buehel (sacks extra). Potatoes. —Con<agnmejnts have slackened considerably, and now that local supplies have been to some extent worked off, values idiow a little recovery. We quote : Best i table potatoes. £5 to £3 2s 6d ; medium ! to uood, £2 10s to £2 15s: stale and raj ferior, £2 to £2 os per ton (bags included). ! Chaff.—-There » fair local demand for • prime oaten >hea:\ with which the market iis bsing well supplied. Medium and Uij iericr lots- are not in lavor. We quote: j Prime oaten .sheaf. £4 5s to £4 7s 6d: ' medium to uwxl, £3 15s to £4 2e, 6d ; light ! and discolored, £3 to £3 10s per ton ibags ; extra).

: Mt«rs llalgety and Co. report as folI low*;: —We heM "our weekly au-ction sale of ; ,!;rJiin and j)ioduce at our stoi-cs to--1 day, when we offered a large cata--1 Tliere was a good attendance of ! buyers, and bidding was spirited for all j lots ot oats and goixi wheat. Chaff was, \ however, inrt much 111 l-eqcest. The fol- ■ lowing are quotations:--I Oats.—Since our last report- the mark.-it \ has tirmed, and prices are a busliel bet- | 'cr. Quotations : Prime milling, 2s 5d to 2s I likftlium, 2a 3d to 2s 4d : inferior, 2s to 2* ' ; 2d per bushel (bags extra). : -•'Wheat.—There is a stronger demand. t .Miibt'cj arc buyers of velvet and. velvet j ear, and shipi«rs are purchasers of TusI can'. Pi-icee, however, show no change ■ except tor Tuscan wheat, which is «i little ' bit dearer. Fowl teed is more in Request, '. and is being worked away quickly ill small • tat*. Wc quote: Prime velvet, 3s • 3a 7d ; velvet car and Tuscan. 3s s£d to ' 3s 6d ; metliuin, 3s to 3k sd_; l«?st J whole fowl wheat, 3(3 3|d to 3s 4d; medium, os U» 3s Zd ; inferior, 2s 9d to 2s : lid per bushel (bags extra). Potatoes.—There is still a fair quan- ! tity of potatoes arriving into store, but • supplies from the country have eased <rff. I Any prinw lii>es of potatoes freshly picked ; are* readily quitted at prices in advance of ! last week, (hi the other hand, medium j ami stale lots show no change. Quctaj titms : FJ'eshly picked sorts, £3 5s to £3 j 7;> 6d ; good sorts. £2 15s to £3; inferior, 1 £2 to £2 17s 6d per ton (bag* in). j Chaff. —The market practically shows no ! change. The bulk of buyers hold fair ! slock* and at'e not keen buyers. Medium ! quality is neglected, and only prime oateni j chaff is readily saleable. We ! quote: Black oaten sheaf, £4 5s to £4"7s I 6d ; beet oaten sheaf. £4 2s 6d to £4 ss; medium to good, £3 5s to £3 15s; straw j chaff, £2 as 6d to £2 10s per ton (bags I extra).

HIGH COMMISSIONERS REPORT, j WELLINGTON, July 31. Tho High Commissioner cabled from London on. Jury 29 (the quotations, unless otherwise specified, are the average market prices on spot) : Mutton, — No alteration in the market since last week : weather too dry. Quotation : Canterbury, 3-3 d; North Island, 3|d. Lamb is in better demand. Canterbury, 5d : other than Canterbury, 4|d; Biver Plafce, 4£d. The beef. market is very dull, there being scarcely any demand. It is reported that River" Plate chilled beef has been stored and frozen. New Zealand, hinds 3£d, forss 2id. Butter.—Market firm, with a hardening tendency on account of the drought. Australian." li2s; "Danish, 1225; Siberian, 110s; New Zealand, second class quality, stored, ,108s. Hemp.—Market steady, with a very good demand at last quotations. Colored, 61s: white, 60s. Hemp : Market very quiet; nothing doing. New Zealand, good fair, on, spot, £2l; fair grade, £2O; fair eurrent Manila, £2l: July-Sep w tember at same price. The output from Manila for the week was 23,000 bake. Cocksfoot Seed.—Market dull; holders 'firm for New Zealand seed on account of small supply; cannot quote. .Continental and American crops are reported heavy* , and of good quality.