COMMERCIAL.

Mataura Ensign, 29 November 1912, Page 8

COMMERCIAL.

♦ GORE PRICES. WHOLESALE :: V Cheese.—7d. Oatmeal.—£l3 10s. Butter.—Farmers' 9d, separator lOd, factory la Id. Hams.—lOJd; bacon, lOd. Flour.—£9 10s. Eggs.—9d. Bran.—£s. Pollard.—£7 per ton. Chafi.-£2 10s. Onions.—lßs per cwt. Potatoes.—£9. RETAIL. Cheese.—9d. Hams.—ls; bacon, sliced Is. Eggs.—lid. Flour.—3s 3d and 3s 6d for 251b: S? 3 f "&Jfc M for 501b « and 2 °s and 21s for 2001b. Oatmeal.—4s 3d and 4s 6d for 251b, Bran.— 6s and 6s 6d. Pollard.—l2s to 12a 6d

DUNEDIN h'IDE AND SKIN SALES

Messrs Dalgety and Co., Ltd., Dunedm, report as follows: Rabbitskins.—We held our usual sale on Monday, when we offered a large catalogue to a full attendance of buyers. Competition was again very keen and late high ruling rates were well maintained. There are very few prime winter skins now coming forward, the bulk of the catalogue being comprised of springs and off-season skins. The top nnce we obtained for winters at this sale waj, 66 * d P er Ib > Wfl ile several lines sold at froiu 60d P er 1° upwards. Blacks and! silver greyL* w , ere ln £. rea t demand, and, I considering. tJ e quality of offerings, l prices paid for «*ese classes of skins' showed a firmer tenat2 oc J'- Quotations: Prime winter does, 60d Z? 70Jd per lb;' winter does, 33d to 46d; oai£Ping win-' ter does, 20d to 255; winter bucks, 22d "to 26jd; outgoing winter bucks, l?d ""o' •2Jid; autumns, 16d to 18d; springs, 13d to 15s; racks, lid to 12£ d; ,u.i-i iters and suckers, to 8d; blacks and sil-' Ter greys, 30d to 46d: fawns, to 28d. Calfskins.— 9d to 12d per lb. |' Hareskins.—lsd to 18d per lb. Horsehair.—l7d to 21d. Sheepskins.—Owing to the fact that ihere was no sale last week the quantity of skins on offer at Tuesday's sale •was very large. There was a full attendance of buyers and competition was again very keen. Fine halfbreds .and crossbreds were in great demand, and prices for these firmed |d per lb on late values. All other classes were in good demaud, and late rates were well •maintained. Full wools: Halfbred, B£d to o{d ; fine crossbred, 8d to B£d; crossibred, 7|d to B£d; merino, 7d to 73d. Half wools: Halfbred, 7Jd to Bid; crossbred, 6|d to 7Jd; merino, 5d to 6£d. Quarter wools: Halfbred, 6d to 7d; crossbred, 5\A to 6d; merino, 4d to sd; pelts, 3*d to 6d. Hides. "We held our usual weekly auction sale at our stores, Cumberland Street, on Thursday, when we submitted a moderate catalogue to a full attendance of buyers. Competition was very keen for all descriptions of hides, and late high rates were well maintained for all stout hides, while medium ox and cows showed a rise of Jd to $d per lb in advance of late rates, best calfskins selling up to 12Jd per lb. The prices realised at this sale are the highest reached in Dunedin and clients cannot do better than try this market with consignments. We quote: Ox—prime stout heavy, to 9|d; stout heavy, to B|d; spready and sheety, to 7ld; stout medium, to Bjd; light, to 7sd. Cow—i Stout heavy, to B}d; heavy, to 8d; light ] and medium, to 7£d; stags, to 6fd; yearlings, to Bsd; calfskins, lOd to \2Jd. Fat and Tallow.—A good demand continues and all descriptions meet a ready sale. Our latest advices from London report a firmer market. Prime mutton tallow, 23s to 255; good, 20s to 22s 6d; medium, 18s to 225; inferior, 12s to 14s; best rough fat, 16s to 20s; medium, 12s to 15s; inferior, 9s to 12s

CANTERBURY MARKETS. PXB UNITED FEBSB ASSOCIATION. CHRISTCHURCH, Nov. 28, With grain offering very sparingly from growers, and increased freights having put a stop to any shipping business that might have been done under different conditions, the trade in wheat and oats has been within very narrow limits, and judging from present appearances it seems improbable that there will be any material change in the conditions of trade before the new season's grain is available, which, under the most favorable conditions, will not be for at least two months. A few lines of wheat and oats continue to be placed on the market by growers, but in the majority of cases the volume has been comparatively small. For both wheat and oats the market has a decided firmness, but it is difficult to say what would be the consequence of any large parcels being placed on offer. The latest leaflet issued by the Department of Agricultural shows that for the first 15 days of the current month the amount of wheat shipped from the Dominion was 9643 bushels, valued at £1772, against 103 bushels, Valued at £24, for the corresponding • period of 1911. During the same period 159,173 bushels, valued at £lB,-

649, were shipped, compared with 1502 bushels, valued at £219, for the corresponding part of November last year. The potato market may be said to have already closed for the current year, although a few lots still continue to be placed oh offer. Although the season is now far advanced, prices are suprisingly firm, and only this week as high as £9 per ton on trucks was paid for a fair-sized consignment. Every week sees the withdrawal from the market of merchants, and at the mo- | ment the number who are operating k very sma ]i mdeed, an( j I>lo bably anj other week at the outside will see the last withdrawn from the trade. Auckland and locally-grown notatoes are now coming on to the market freely and are being sold in the local salerooms and in the shops at 2jd for the former and 3jd to 3|d per lb for the latter, prices at which they can compete successfully against last year's tubers. For the first fortnight of the current month 1470 tons of potatoes were shipped to places beyond the DoW£k tHe lue of tlle ex P° rts being iid,SU7 This was a much heavier IhlP="1 hl P="? nt than that of last yea.-, when tor the corresponding period the exports amounted' to 66 tons, valued at I

CHEESE AND BUTTER MARKET

t i /ft 1 * - S( i ott ' secretary of the South island Dairy Association, reports that he cabled to one of the most experienced nrnis in London asking its opinion on t«ie cheese situation there, seeing that statistics show that for the vear ending September 3p the imports of cheese into Great Bntain were 6000 tons less than for the previous year, while butter Bnow?i a l a ite awa y iu imports of ho less i than 22,000 tons. j Mr Scott is in receipt of the following I reply: Cheese: Spot market unsettled , owing to continued hear tactics of shortsellers, assisted by abnormallv mild wt-a- ---< ther in Great Britain and the Oontine«t. Arrivals of Canadian this season 5000 tons Jess than last season. Meat market improving ; should assist cheese. During past seven years average price; New Zealand cheese rose steadily each season—November to April. Therefore recommend consignment as best policv to follow meantime. r "Butter: Already shows signs* of advance"

WOOL SALES. SYDNEY. ■ BY BLECTEIO TELEGKAPH. —OOPTEIOHT* PEB UNITED PRESS ASSOCIATION SYDNEY, Nov. 28. At the wool sales 44,448 bales were offered during the week and-42,185 were sold. Competition generally was keen, though occasionally irregular, particularly at the closing sales. The recent liigh values were barely maintained to-day.

MOUNT LYELL COMPANY. BT EIiECTBIO TELEGRAPH. —COPTHIGHT. PEB ONITETI phk:« \BBOCIATION. MELBOURNE, Nov. 28. At the Mount Lyell Company's halfyearly meeting the report showed a net profit of of £160,749. The credit balance to the profit and loss account was £550,563. The purchase of the Cornstock pronerty had been completed at a total cost of '£18,176. Referring to the North Mount Lyell. dkaster it was stated that no estimate had been possible of the probalili" financial loss, which was entirely uninsured. The occurrence was a serious one. having been regarded as an impossibility.

AUSTRALIAN MARKETS. BT ELECTRIC TELEGRAPH.—COPXEIGHT. PER ONITED PRESS ASSOCIATION. SYDNEY, Not. 28. Wheat, old, 4s 5d to 4s new is quoted from 3s 7d to 3s 9d. Flour, £9 10s. Bran, £6 10s. Pollard, £7. Oats, Algerian, nominal; New Zealand Whites, 3s sd; Giants, 3s 6d. Maize, 4s 5d to 4s 6d. Potatoes, local and New- Zealand, £l4. Butter, selected, 100s; prime, 92s to 965. Cheese, to 7fd. Bacon, 7jd to Bd. Onions, Victorian, £B, ADELAIDE, Nov. 28.. Wheat, old, 3s lid; new, to 3s 7d. Flour, £9 10s. Bran and pollard, Is 2jd. Oats, Algerian old, 2s 9d; new, 2s 3d to 2s 6d. Received November 29, 9.50 a.m. MELBOURNE, Nov. 29. Wheat, December shipment. 3s Btt to 3s B*d. Flour, £9 15s. Bran. £6 ss. Pollard, £7. Oats: New Zealand 3s 4d to 3s 4sd; Algerian feed, 2s lid to 3s o£d. Maize, 4s o£d to 4s id. Potatoes, old £8 to £9, new, £lO ss. Onions, £6.

MELBOURNE HIDE MARKET. BT ELECTRIC TELEGRAPH.—COPTBIOHT. FEB UNITED PBESS ASSOCIATION. MELBOURNE, Nov. 23. Hides are in small supply, but there is an active demand. Prices are firm at £d higher.

LONDON MARKETS. The New Zealand Loan and Mercantile Agency Company. Limited and Reduced, has received the following cablegram from its London house, under date November 28:— Tallow.—The position of the market for tallow is ouiet. Wheat.—There is very little demand , for wheat owing to increased supplies.