COMMERCIAL.

Mataura Ensign, 14 October 1911, Page 10

COMMERCIAL.

1 CHRISTCHURCH PRODUCE. PEB UNITED PRESS ASSOCIATION. CHRISTCHURCH, Oct. 13. There is no change to note in the local grain market, there being practically no wheat or nots offering by growers and no business of any extent. doing between merchants. Prices are without quotable change. Wheat is still ranging from 3s 6d to 3s 7d for hunters and tuscan at country stations.. Chaff remains firm at 90s at country stations. The only move is in potatoes, which have advanced to 40s at country stations. There are some orders in from the North Island, and as merchants Slave not been holding any stocks they have had to advance the price in order to obtain supplies, as growers are indifferent about selling at a lower fig- , •ore. It is stated that the laying up of the small coastal steamers is also having some effect upon the potato ' market, as it is preventing the shipment of potatoes to the smaller ports in the North Island. Potatoes at this late date in the season are not keeping well and require to be shipped from the pit, and hence there are no stocks in merchants' hands. The low prices ruling lately and the uncertainty of the market have also been against forward purchases to any extent. There is still a fairly large quantity here held by growers. DEARER PROVISIONS. WANGANUI, Oct. 13. As a consequence of the shipping strike goods have to be railed to Wanganui. Owing to this extra cost wholesale houses announce an increase in the prices-of general provisions. LONDON MARKETS. BT ELECTRIC TELEGRAPH.—COriRIGHT PER UNITED PRKSR .ASSOCIATION. LONDON, Oct. 13. Wheat.—The markets are steady consequent on the firmness in America and continuous frosts in Argentina. Cargoes are hardening. An Australian cargo sold at 33s 3d. Holders are askving 36s 6d for South Australian August shipment and New South Wales October 15 shipment; 34s 10§d has been paid for a parcel afloat; 35s 3d is asked for September-October shipments. There is fair inquiry for Australian spot and 37s has been paid. Flour.—-There is moderate demand at 25s 1 6d on spot, 25s to arrive. Oats are firm. La Plata, DecemberJanuary shipments, 16s 9d. Danish butter is dull and irregular at about 148s; choicest colonial salted, 134s to 1365. High prices are rendering buyers somewhat nervous. Cheese is dull. Canadian, September shipment, 695. At Bradford wool is weak and there is little business. Spot quotations: Sixty-fours, 265 ) super, 2oscT; common 60's; m&; 56's, 21d; 50's; 17£ d; 46's, 14d; 40's, 13id; future 64's, 25d; 60's, super,v24id; common, 23^d. LONDON WOOL SALES. Messrs Dalgety and Co., Ltd., report haviug received the following cable from their head office, dated London October 10: —The wool sales i closed, fair prices being maintained. J As compared with last sales' closing' v rates, super merino wools, scoured, are! "■y 5 to 7J per cent, lower; merino wool.! l * medium sorts, scoured, 7-| to 10 per ./'• cent lower; merino wool, good quality and condition, greasy, par to 5 per cent, lower; merino wool, medium so: •-, greasy, 5d to 1\ per cent, lower; i mt ■ ao wool, inferior, greasy, 7 \ to ' 10 per cent, lower; fine crossbred wool, ; greasy, 7J to 10 per cent, lower; crossbred, medium quality, greasy, 5 to 7£ per cent, lower; crossbred, coarse greasy, par to 5 per cent, lower; crossbred wool, scoured, 5 per cent, lower; Bh"pe, 5 per cent, lower. Lambs' wool is unchanged. The total net quantity available for the sale was' 138,000 hales, of which 2000 bales were sold to , America, 70,000 for Home consumption, 40,000 went to the Continent and .26,000 were carried forward, including 15,000 bales which -were not offered.