LATE COMMERCIAL

Evening Star, Issue 19275, 14 June 1926, Page 8

LATE COMMERCIAL

NEW ZEALAND APPLES. SALKS IN LONDON. freas Association—By Telegraph—Copyright. LONDON, Juno 11. Apple prices in London and tho provinces generally are easier. INI any of tho Now Zealand Jonathans are arriving in soft condition. Six thousand cases of New Zealand apples by the. Port Victor were sold by auction at Southampton, and mostly ranged from 5s to 10s fid: Jonathans, 10s 6d to ]ls (id; Cleopatras, 12s; Cox’s Orange, 13s to I(L.—A. and N.Z. Cable. VICTOI! I.\N LOAN. It is understood that tho Victorian Loan of i'fi.OlJil.OUl, just floated in London, is a 5 per omit. loan, not 4 per cent, ns previously published. LONDON WOOL SALKS. Wright, Stephenson, and Co., Ltd., have received the following week-end cahlo:—Wool sales closed; market firm, competition animated; Continental buyers chief operators; 117,600 bales ottered for scries; 05,500 Julies sold; greasy lino half-bred, 50-50’s, 17J d; three-rpiartcr-bred. Ja-oO’s, lo.jd; fine cross-bred, 46-18’s, Hid; medium cross-bred, 44-46’s, 13K1: cross-bred, 40-44’s, 13d; cross-bred lambs, 46-50’s, Kid; Australian merino, prices par. In scoured slipe market, not much change, tendency being; slightly in favor ol sellers. BUTTER AND CHEESE. The National Mortgage and Agency Company, Ltd., lias received tho following cable from Messrs A. J. Mills and Co.. Ltd.. London Butler market steady, 176 sto 178 s. Cheese market firm, Dos to 90s. Future uncertain, owing to great depression caused by coal strike.” GRAIN AND PRODUCE. Messrs Donald Reid and Co., Ltd., report as under : Oats.—Tho business passing is by no means great, and the annket is, if anything, easier, bright heavy lines suitable for seed excepted. There arc more under-grade oafs than usual _ hold in store, and these lines are practically unsaleable. Wo quote: A Cartons, 3s 3d; B Cartons, 3s, on trucks, country stations, sacks extra. Chaff.—The local demand is principally for prime quality, but the bulk of consignments arriving on tho market do not reach the good bright standard; consequently lower grade chaff is inclined to accumulate in store. We quote; Good bright, £O, ex truck; medium, to £4 10s; inferior, from £3 (sacks extra in each case). Potatoes.—The market has firmed again, and consignments are being sold at prices ranging from £6 to £6 10s, ex truck, Dunedin (sacks in). Several farmers are storing in anticipation ol better values in the spring. "Wheat.—Odd samples arc still coming to hand, but threshing must now be nearly finished. The best lines are being taken by millers at prices up to 7s per bushel, on truck. Fowl wheat is in plentiful supply, and is realising from 6s to 6s od, on trucks, according to quality.

Messrs Dalgety and Co., Ltd., report as follows:

Oats.—The market still remains quiet. A few samples are coming forward, ilia majority of which show signs of weather and will not pass as A or B grade. Grade oats are being inquired for, but under-grades ore difficult to quit. The importation of oats from overseas is seriously affecting the local market. Wc quote: A Cartons, 3s 3d; B Cartons, 3s per bushel, on trucks. Wheat.—There is not a, groat deal of milling wheat offering, but a few small lines are being disposed of at from 6s 9d to 7s per bushel, on trucks, country stations. Fowl wheat is in plentiful supply, the greater proportion of tlio southern wheat coming forward being out of condition. Merchants arc not showing much interest in this, as they are fairly big holders. Sales of good whole fowl wheat are being made at from 6s to 6s 5d per bushel, on trucks, country stations. Potatoes. —During the week potatoes have advanced on last week’s prices. This has been duo to the- Canterbury market showing an advance, duo to inquiries from Sydney. This market is very uncertain at present, it being difficult to forecast acuralcly the future. Good tables are realising from £6 to £6 10s per ton, ex trucks, sacks in. Chaff.—The quantity coming forward is not sufficient to meet the demand, with the result that prices remain firm. Local feeders are readily buying all the good bright heavy oaten sheaf chaff ox truck as it comes to hand. Practically no shipping in this line has been clone, as the North Island can obtain supplies cheaper from Blenheim and Australia. We quote: Prime oaten sheaf, £5 15s to £6; inferior and medium, £3 to £4 10s per ton, sacks extra,,

PROPERTY SALE. Messrs Alex, Harris and Co. offered at auction to-day, under instructions from the trustees in the estate of John Connell (deceased), five freehold properties, situated in Grosvonor street, Kensington. The following were sold : Lot 1, freehold, 11.65 poles, with fourroomed dwelling, No. 63, to Mrs Knowles for £'l6s; lot 2, freehold, 10.59 poles, four-roomed dwelling, to Mrs Main, for £445; lot 4, freehold, 27.55 poles, and two four-roomed cottages. Nos. 57 and 59, to a client for £.350;. lot 5, freehold, 20 poles and four-rooms'? cottage, No. 53, to Mrs Knowles for £SOO/ SALES ON ’CHANGE: THIS DAY. Auckland.—Sales: National Bank of Australia, £l7 16s; Huddarfc, Parker, 45s 9d; Alburnia, 5s 8d; Kawarnn, 7s 5d 7s 6d; Breweries Debentures, 26s 6d. Reported; National Bank, £7; New Zealand Insurance, 40s, 40s 3d. Christchurch. —New Zealand Government Bonds, 5> per cent. (1933), £99 12s Gd; National Bank of Australasia (£lO paid), £l7 16s 6d; Mount Lyell (cum div.), 26s 5d (four parcels). Wellington,—Now Zealand Insurance, 40s.