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COMMERCIAL., Issue 15627, 19 October 1914
The coal output last week was as follows > —Westport Coal Company, 14,263 tons 2cwt; Westport Stockton Company, 2,539 tons lewt. A Greymouth message says that the coal won last week was as follows : Paparoa, 746 tons 19cwt; Brunner, 820 tons 16cwt; Point Elizabeth, 1,676 tons 9cwt; Liverpool, 2,629 tons Bcwt; Blackball, 5,075 tons 18cwt. Total, 11,049 tons lOcwt. Morcosx sxn markets. Press Association—By Telegraph—Copyright. LONDON, October 18. (Received October 19, at 9.5 a.m.) Wheat.—Vcrv firm; 6d more is generally asked. The wheat and flour afloat for the United Kingdom is 2.110.C00 quarters; for the Continent, 1,405,000 quarters. The Atlantic shipments were 535,000 quarters, and the Pacific 32,000 quarters. The total for Europe was 875,000 quarters. The Argentine and Danuhian shipments were nil. the Russian 20,000 quarters, the Indian 125,000 quarters, and the Australasian 4,000 quarters. Rabbits, firm, owing to the dearness of meat and the cessation of Osteivd shipments. There is a temporary shortage of Australian, owing to the delay of steamers. New South Wales blues, 18s 6d. Lamb.—Canterbury (best), 6 15-16 d. Beef.—Fores, s§d : hinds, 6|d. .Mutton.—Australian ewes, 5-) d. Beef.—Fores. 5Jd ; hinds, 61d.
Argentine Frozen Beef.—Fores, 5g ; hinds, 6J.1 ; chilled fores, s|d ; hinds, s|d. Uruguay Frozen Beef.—Fores, 6|-d; hinds." 6pf. Rubber.— t’ara. 2s 3d; plantation, 2s 3d ; smoked, 2s s,fd. Copper.—Best selected, £54 os ; electrolyte. £52 15s. The report of the English, Scottish, and Australasian Bank shows a profit of £253.251. The interest on perpetual stocks absorbed £97,627, and £15,000 was placed to reserve, leaving £140,623 tor division. A further dividend of 4 per cent, was declared, and £35,000 placed to reserve. £14,385 appointed for the cancellation of deposits, £5.000 added to the officers'. fund, and £43,083 carried forward. The deposits total £2,816,818. tho current accounts amount tn £3,041.109, cash investments to £2,864,840, bills to £1,557,131, and advances £6,452,764. GRAIN AND PRODUCE. Messrs Donald Reid and Co., Ltd., report ; —Wo hold our weekly auction sale of grain and produce at our stores today, when values ruled as under ; Oats.—Good to prime lines have fair sale locally in moderate quantities. Shippers have again been in the market for prime Cartons, and nearly all tho best lines offering have been picked up at quotations. Tne inquiry from this source has now slackened to some extent. Medium and inferior lines are not readily dealt with. We quote : Prime milling, 2s 6d to 2s 7d ; good to best feed, 2s 4d to 2s 6d ; inferior to medium, 2s to 2s 3d per bushel (sacks extra). Wheat. —There, is practically no nulling wheat offering, and local sales are confined to small lines of fowl wheat. This class of wheat is also scarce, and commands 4s ICd to 5s per bushel. Prices for milling wheat in the absence of sales are- nominal.
Potatoes.—Most of the lines on hand are of only medium quality, for which there is little demand. Choice, freshlypicked lots are in request, but of these there are few offering. They are worth £2 10s to £3, while medium to fair quality is plentiful at £2 to £2 ss ; inferior at correspondingly lower prices, according to condition. Chaff.—Prime oaten sheaf has better Inquiry. The market is moderately supplied with this class, and all coming forward meets with ready sale at quotations. Medium qualify also has more attention, but inferior lots are difficult to quit. We quote : Best oaten sheaf, £4 to £4 5e ; choice black oat, to £4 7s 6d; medium to good, £3 5s to £3 15s; light and discolored, £2 5s to £3 per ion (hags extra).
'Messrs Dnleeiy and Co., Ltd., report as follows:—Wo held our weekly auction sale of grain and produce at our stores to-day, when values ruled as under : Oats.—Diming the early part of last week there was a little more inquiry from shippers, hut the demand from this quarter has now slackened off, the quantity offering not being largo. Good, bright, and heavy Cartons are meeting with a fair inquiry, and are saleable at up to quotations. Wo onote ;—Primo milling. 2s 6d tn 2s 7d ; good to best feed, 2s 4d to 2s 6d : medium, 2s 2d to 2s 3d per bushel (sacks extra).
Wheat.—There have been very few transactions in milling wheat, of late, and for any samples coming under offer vendors’ ideas of value are beyond millers’ limits. Fowl wheat is in short supply, and is meeting with a ready sale at advanced, rates. We quote : —Milling wheat (nominally). 5s 3d to 5s 6d; best whole fowl wheat, 5s ; medium to good, 4s 6d to 4s ICS per bushel (sacks extra). Potatoes.—The bulk of the arrivals coming forward are medium quality and out-of-conditioncd sorts, for which the demand is very slack. CJioice, freshly-picked lots are scarce, and are meeting with a better inouirv. Wo quote • —Choice, freshlypicked lots, no to £3 ; good tables, £2 5e to £2 10s; others, from 30s per ton (sacks in).
Chaff.—The quantity coming forward of late ha? been barely equal to the demand, and any consignments of bright, heavy oaten sheaf are meeting with a ready sale on arrival at quotations. A good deal of medium quality chaff has been corning forward, for which there has not been the same demand. We quote Choice black oaten sheaf, £4 2s 6d to £4 7s fid; best white oaten sheaf, £4 to £4 ss; medium to good, £3 7s fid to £3 15s per ton (sacks extra).
COMMERCIAL., Issue 15627, 19 October 1914
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