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Mataura Ensign, 15 May 1912, Page 8

COMMERCIAL.

1 CANTERBURY MARKETS. PEE UNITED PRESS ASSOCIATION. May 14. The local wheat market is somewhat, easier, though prices remain without change. There r not a great deal offering, but at the same time there is little inquiry. Millers and merchants are reported to have good stocks in liand at present. Owing to the state of the Lbndon market, and the absence of cheap freights, there is no speculative demand. Top prices for wheat are from 3s '7d to 3s 7-Jd at country stations for prime samples." Oats are fairly firm, offerings being somewhat scarce. This tends to keep prices steady. Owing to the wet harvest experienced in Southland, the crop there has not the same influence on the market that it usually lias, and the bulk of the business with Australia has been done by Canterbury this season, llains in New South Wales have again checked the demand from there, and there are some Australian purchases under offer for re-sale here. The potato market, having readied' £5 at country stations, now shows signs of easing, and purchases have been made during the last few days at less than this figure. The late heavy rains, and the reported damage to crops on heavy land, as well as the discussion regarding the shipment of potatoes to Sydney, have tended to harden the market. On the other hand, the crop in the Gamaru district is reported to be a good one, both as to yield and 1 quality, and conditions in connection with the export trade to Australia are such as to make merchants very doubtful about undertaking the risk. It is not likely that much will be done in this direction until it is seen how trial shipments fare. CO-OPERATION AT ELTHAM. ELTHAM. May 14. An extraordinary meeting of shareholders of the Eltham Co-operative Dairy Company confirmed a resolution authorising the raising of capital £20,000 to £30,000 in order to instal a cheese plant. MINING SHARES. BY ELECTRIC TELEGRAPH. —COPYRIGHT. PEE UNITED PBESS ASSOCIATION. LONDON, May 13. New Zealand mining shares are quoted as follows: Waihis, buyers 36s 3d, sellers 38s 9d; Waihi Grand Junctions, 23s and 245; Talismans, 42s 6d and 47s 6d. WHEAT AND FLOUR. LONDON, May 13. The total quantity of wheat and flou* afloat for the United Kingdom is 4,135,000 quarters; for the Continent, 3,220,000 quarters; Atlantic shipments, 227,000 quarters; Pacific shipments, 15,000 quarters. The total shipments to Europe were 1,140,000 quarters, including Argentina 313.000, Russian 150,000, Danubian 197,000, India 64,000, and Australasia 75,000. , THE PRICE OF BRAN. BY ELECTRIC TELEGRAPH.—COPYRIGHT. PER UNITED PRESS ASSOCIATION. SYDNEY, May 14. Bran has advanced another 5s per ton.