COMMERCIAL

Greymouth Evening Star, 26 July 1930, Page 8

COMMERCIAL

GRAIN AND PRODUCE.

[per press association.]

CHRISTCHURCH, July 25

The market for potatoes is still very weak. The Kaitio is due to sail from Lyttelton to-morrow night, and it is expected that she will take between 2000 and 3000 sacks to Auckland, a-great deal less than had been anticipated earlier. The Wingatui is scheduled to sail from Timaru tomorrow, and estimates are from 5000 sacks to 0000 sacks. In any case, it will be the largest shipment to leave Timaru over a long period. For the Katoa, values were considerably firmer than the ruling prompt quote, and sales were made at £4/15/- to £5. To-day, forward quotations are £4/12/6 a ton f.o.b.s.i. for July’s, £5/2/6 for Augusts and £5/5/- for September. The rule the farmer is adopting is that of a. holder, and to day with values so low he remains firmly in that position. The nominal value to farmers is £3/10/- to £3/15/on trucks, compared with £6/15/- during the corresponding week last year. Oats are also very quiet. Locally, however, the position is still firm, and B gartons have been sold this week for Lyttelton shipment at 4/t'.o.b. S.I. and A gartons at 4/1. The Southern quotations to-day are 3/SA to 3/9 f.o.b. S.I. for B gartons and 3/91 to 3/10 for A gartofis. The chaff market is quiet. There is little offering and little enquiry. From Auckland, the enquiry is small, as Tasmanian consignments hold the markets there, and more are expected next month. Sales for prompt delivery have been made at £6/17/6 a ton f.o.b.s.i. equivalent to £5/7/6 on trucks. Chaff for later delivery is not offering in any quantity and the enquiry is dull. The onion market is practically a spent force but a few order's are being sent from outside ports. The duty which has just been placed in foreign onions lias had a firming effect on tho market and up to £4 on trucks lias been paid tins week for quality linqs. A little business is being done in tho new season’s wheat 5/5 to 5/6 a bushel for Tuscan, according to stations.

Fowl wheat is a shade firmer with the enquiry fair. To-day’s quote is 6/- to 6/- f.o.b. S.I. SALE OF FRIESIANS. INVERCARGILL, July 24. A clearing sale of Mr T. R. Eade’s Friesians proved successful. One hundred and twenty-two head were offered and all were sold. The top prices were 105 guineas for the principal herd sire, bought for Victoria,' and 65 guineas for a, herd dam. The average price was about £3O. Several purchases were made for northern buyers.

LONDON WOOL SALES' Dalgety and Company’s report from London, dated July 23: — Sales closed active, with good general competition. Continent principal operators; Home trade rather more active than recently. As compared with closing rates of last series.—Greasy Merino Bd to Id lower, scoured Merino Id to l£d lower, greasy B-hred 3d to Id lower, greasy crossbred fine 3d° to Id lower, greasy crossbred medium and coarse 3d lower. Scoured halfbred Id lower, scoured crossbred lid to 2d lower. Fine slipes lid to 2d-, lower. Blanket sorts slipes 3d to Id lower. Lambs 2d lower. Offered 104,882 bales. Continent have bought 50,500 bales. Home trade 31,000 bales, America 1,000 bales. Carried forward 71,500 bales. The following is the range of prices: — Merino, good to super 13d to 143 d; low to medium lOd to 12Jd. Halfbred 56/58 good to super 12Jd to 14d; low to’medium 91d to 11.3 d. Halfbred, 50/56: Good to super llld to 121 d, low to medium 9RI to lid. Fine Crossbred, 48/50 good to super lid to 12d; low to medium 9d to 103 d. Fine Crossbred 46/48: Good to super 103 d to 113 d, low to medium S:3d to 101 d. Crossbred 44/46: Good to super 101 d to ll?.d, low to medium 83d to 10J. Crossbred 40/44: Good to super 10Jd to lid, low to medium SJd to lOd. Coarse Crossbred, 36/40: Good to super, lOd to 103 d; medium good Sid to 93d. LONDON TALLOW SALES Dalgety and Company’s report from London, dated July 23: —Prices are 1/per cwt. higher except for fine mutton, which is unchanged. BUTTER AND CHEESE. Copy of cablegram received by Dalgety and Company, Limited, from their London Office, dated July 25: — Butter:—Market firm. Danish 154/to 156/-; Now Zealand Finest 135/- to 138/-; Australian Finest Unsalted 132/. to 136/-; Australian Finest Salted 132/- to 136/-; Australian G. A. Q. 130/- to 132/-. Cheese: —Market quiet. Australian White 74/- to 76/-; Australian Colo.uicd 80/- to 82/-; New Zealand Whito 78/- to 80/-; N.ew Zealand Coloured 82/- to 84/-; Canadian White and Coloured 82/- to 84/-; Canadian C.I.F. 81/- to 82/-. OPOSSUM SKINS. Copy of telegram received by Dal-, gety and Co. Ltd., Greymouth, Trorn their Dunedin branch, dated July 25: “Opossum skins: —7,800 ' skins offered. Our catalogue comprised 5,900. Limited demand. Prices generally 60 per cent, lower than last year. Good demand for super skins; others, low prib.es. Blacks and Browns selling best. Top prices for Blacks 10/1: Browns 6/6. Average consignments from your district realised from 4/6 to 5/6 gross.”