COMMERCIAL.

Evening Star, Issue 15477, 27 April 1914, Page 9

COMMERCIAL.

THE MARKETS. | Press Association—By Telegraph—Copyright. LONDON. April 25. Fr62eti meat: The . following are the latest quotations for all classes of meat. In the case of those not quoted the price is unchanged :—Canterbury mutton, light 4{d, medium 4£d, heavy 3|d; North Island mutton, best brands (50-641b) 4d, ordinary (56-641b) 3|d; ewes, Australian mut-" ton, light heavy 3fd, ewes 3£d; River Plate mutton, heavy (56-721b) 3fd, ewes 34d; North Island lamb, selected 5 13-1&3, ordinary sj|d; Southl***! lamb, selected 5 13-16 d; Australian lamb, best brands s§d, fair quality sgd; New Zealand beef, fores 3gd; hinds 4jfd; Australian beef, fores 3id, binds 4 3-16 d; River Plate beef, chilled fores 3 5-16 d, hinds 4|d, frozen fores 3£d," hinds 4#d. Rabbits : The market is dull, and prices are unchanged. April 26. (Received April 27, at 8.10 a.m.) "Wheat: Firm, and fair inquiry. The quantity afloat for the United Kingdom is 3,290,000 quarters, and for the Continent 1,930,000 quarters. The Atlantic shipments were 159,000 quarters, and the Pacific 3,000 quarters. Totals : Europe. 1,245,000 quarters; Australasia, 280,000 quarters. Copra: Small business. South Sea bags, £25 2s 6d to £26. Cotton : April and May, 6.90£ d. Hemp: Strong and high point fair, April and June, £26 10s., Rubber : Para, 2s ll|d; plantation, 2s 7£d ; smoked, 2s 7£d. Tin: The market is demoralised on heavy _ realisations, largely due to the financial position arising out of Mexican troubles, but a good consumptive business is proceeding. Fencing wire, 1355, less 3 per cent. Angle steel, 105s, less 2| per cent. Wire netting, per cent., U per cent., and' 5 per cent, off list.

THE SOUTHLAND MARKETS. [Special to the Stae.] INVERCARGILL, April 25. During the week the usual periodical stock sales were held at Wallacetown and Otautau, and. the. values lately ruling were well maintained in both instances. If anything, the demand for old ewes vas inclined to be slightly easier, but, on the other hand, there was a good inquiry for young stock of this description. Good forward wethers are somewhat scarce at the present time, and in consequence prices are_ at as high a level as is generally experienced at this time of year. Competition for good forward bullocks was* keen, but younger sorts are meeting with a dragging sale. The following are today's quotations: —< Store Sheep.—Two-tooth ewes, 21s 6d to 22s 6d; average sorts, 2Gs to 20s 6d; four-tooth ewes, extra good, 24s to 24s 6d; smaller, 235; six-tooth ewes, 21s td 225; sound-mouth paddock owes, 16s 6d to'l7s 6d ; sound and failing mouth ©yes, good constitution, 10s to 10s 6d; older eorts, £s 6d to 9s; good forward rap© lambs (Romney cross), 15s to 15s 3d•; wether lambs (do), 13s to 13s 6d; forward two-tooth wethers, 17s to 17s 6d; smaller sorts, 16s; four-tooth wethers, l&s 6d to 19s. Fat Sheep.—Good prim© butcherV wethers, 22s 6d to 23ei; ordinary softs, 21s to 21s 6d; good heavy butchers' ewes, 17s 6d to lfe; ordinary sorts, 16s to 16s 6d. Fat Cattle.—Prime ox beef, 29s to 30s; -unfinished, 27s to 28s; cow beef, 24s to 255; unfinished, 235; good heifer beef, 26s to 275; unfinished, 265. Store Cattle. —Good forward three-ySar-old bullocks, ready for turnips, £8 to £8 ,10s; extra good big-framed sorts, £9; average, £7 to £7 10s; well-bred two-year-olds, £5 to £5 10s; yearling and 18month cattle, £3 to £3 10s; dairymen's calves, 28s to 301s. Oats.—A quieter tone pervades . the oj t market, Auckland buyers being disinclined to operate at current values except for small parcels. It would appear, however, that local holders are not prepared to. accept lower prices. To-day merchants aie offering Is 7d on trucks" at country stations tor A grade Cartons, and. proportionately l«j» for other varieties^ Ryegrass.—There has been a "change in th© "grass-seed market. Ryegrass is jfferjpa in very small quantities, and decent '24lb seed is worth up V> 3s. Th© importation of English seed has had the effect of steadying the market, and it is not likely that values will show any advancement in future.

Chaff.—Th© market Is being fairly roll supplied, but the > demand is purely local, and the best price offered is £2 15s on trucks'. GRAIN AND PRODUCE.

Messrs Dalgoty and Co., limited, report as follows !•—Wo held Our -weakly auction Sale of grain and produce at our stores today, when values ruled as under:— Oats:—Samples have been coming to hand rather more freely of late. Shippers are not buying extensively, as in most cases farmers' ;deas of values are beyond what they are prepared _to give. Bright, heavy lines of Gartons and eparrowbills, suitable for milling and seed purposes, are iti fair demand at quotations. Medium, light, and discolored Oats are not so readily quitted. We quote: Prim© milling and seed lines. Is 10£ d to Is lid ; good to best feed, Is 9d to Is lOd ; medium to good Is 7d to Is Bid per bushel (sacks extra). Wheat.—There is still to good demand for all samples of prime milling,-and late values for this class of wheat are well maintained. Medium quality milling has been offering more freely, and is meeting with a. good demand at quotations. Fowl wheat ifi in short supply, and is readily quitted at quotations on arrival. Wo quote: Prime milling velvet, to 4s 2d; Tuscan and red wheats, to 4s Id; best •whole fowl wheat, 3s 9d to 3s lid ; medium to good, 3s Sd to 3s 8d per bushel (sacks extra). Potatoes.—There has been a jjood demand for prime quality. Consignments of thia class have been light during the past week, and values have firmed. The bulk of the c-oipsignmonts arriving ate of medium to good quality, and these have also mot with a better inquiry. Prime well-graded tables, £5 7s 6d to £5 10s; ej:tra choice samples, £5 15s; medium to good, £4 5s to £4 15s per ton (sacks in). Chaff.—The market is etill well supplied ■with &s&- a and lighvquality chaff, which is not meeling with a very ready sale. Medium quality, which is in most request, is r.ot so plentiful, and meets with a fair demand at quotations. We quote: Prime oaten sheaf, £3 7s 6d to £3 10s; choice, to £3 12s 6tt; medium to good, £3 to £3 ss; inferior and damaged, £2 10s to £2 15s per ton (sacks extra).

Messrs DonaM Raid and Co., Ltd., report : —We held 6ur weekly auction Sals of grain and produce at our stores to*day, when values ruled as undea! : Oats.—Coneisf&mentfi are coming for■ward mora £reel>% attd in the absence of steady export demand sales ass difficult to effect on the basis of late quotations. Special seed linos have good inquiry, and prime milling gaftdiis ffieet With fair demand, but low** grades- ate nob in request. We quote :-—Prime milling, Is 10£ d t6 Is lid; good, to best feed, Is 9d •to Is 10d; inferior to medium, 1& 6d to Is 8d per bushel (feack* extra). Wheftt.—The market i* nnii at late Valu&s fa* all clas-sefi" of milling wheat. fowl wheat is not * off 6f iflg friNsiy, &»d beat -whole wheat commands ready «ale. We jjuote :—Prime milling velvet, 46 Id to 4s 2d; Tuscan, etc*, 4s to 4$ Id; befit whole fowl wheat, 3s 9d to 5s lid ;• medium, 5s 4d to 3s 8d ; broken and damaged, 2s_ 6d t& 3» 3d per bushel (sack& extra). Potatoes. —The market sho\vs an ad : vanoe on last week's- rates. The sale of many consignments is prejudiced by th&t being badly picked and_ including too many small potatoes. Prime, well-picked lots a*e worth £5 10s to £5 12s 6d; choioej J6S 15s : medium to good, £5 to £S Bs per ton (Sacks included). Chaff. —Heavier Supplies are coming' forward, and as the demand is'almost entirely confined to prim© quality, other grades are difficult k> place. We quote : --Best oaten &b6af, £3 lOe *6 £3 12s 6d ; medium to good, £3 to £3 5s per ton Lh»&s extra).