COMMERCIALS

Evening Star, Issue 14962, 23 August 1912, Page 7

COMMERCIALS

Silver is quoted at 28 11-16 d per oz. VICTORIAN HIDE SALES. Press Association—By Telegraph—Copyright. MELBOURNE, August 22. At tho hide sales to-day there wore average supplies forward. Prices were very linn for all classes. AUSTRALIAN PRODUCE MARKETS. Press Association—By Telegraph—Copyright. MELBOURNE, August 23—Wheat: Parcels, 4s 3Jd to 4s 3}d; forward delivery, 4s 4d. Flour, £9 as. Bran, £5 15s. Pollard, .1:6 ss. Oats: Steady ; 3s Id to 3s 3d. Maize, 4s 2d. Potatoes, £ll 10s to £l2. Onion.* £l6. SYDNEY, August 22,—Wheat, 4s 4-',i to 4s Flour: Oitv,,£lo; country £9 17s (3d. Bran, £5 10s. Pollard, £(i. Oats: Algerian feeding, 3s Od to 3s 9d seeding, 4s; New Zealand white, 3s -Id ; Giants, 3s od. Barley : Nominal. Maize, Is 5(1 to 4s (3d. Potatoes: Tasmanian, £l4; New Zealand, £ll 10s to £l2. Onions: Victorian, £2O; Japanese, and American, £lB to £2O. Butter: Selected, 13l>s: prime, 1245. Cheese, BUI. Bacon, 9d. 'ADELAIDE, August 22.—Wheat, 4s 3d to 4s 3Vd. Flour, £9 "> s to £9 10s. Bran, Is 2.M. Pollard, Is 3d. Oats, 3s 4d to 3s sd. BUTTER AND CHEESE. Mr J. R. Scott, secretary of the South Island Dairy Association, reports that he has eable n'dviee from London that 750 tons of New Zealand cheese, secured by certain firms on consignment at an advance without recourse, has already been sold forward for future delivery at 65s to 66s per cwt., c.i.f. .Mr Scott says that this advance-wit bout-recourse system is a most pernicious one, and is detrimental to prices and'unfair to factories and legitimate traders, and should be utterly discountenanced by all, in tho best interests of the dairy industry. For outputs of cheese to the end of April and May 6jjd, f.0.h., is still freely offered, but only a few North Island factories have as yet sold.