COMMERCIAL.

Mataura Ensign, 4 November 1913, Page 8

COMMERCIAL.

DUNEDIN PRODUCE. BY TELEGBAFH. DUNEDIN, Nor. 4. Messrs Donald Reidi and Co., Dunedin, report as follows •/ — Oats.—Prime Milling, 2a 2d to 2a 2id", good to besb feed, 2s Id to 2s 2d; to medium, 1b 8d to 2s. ■ " Wheat. —Prime milling Velvet 4s Id to,4s 3d; Velvet Ear, 3s lid to 4a; Tuscan, etc., 3s 9d to 3s lOd; best whole fowiwheat, 3s 6d to 3s 8d; medium to good, 3s 2d to 3s sd; broken and damaged, 2s 6dl to 3s. Potatoes. —Good table, £2; medium, £1 10b to £1 15s. Chaff— Best oaten sheaf, £4 to £4 ss"; choice black oat, to £4 7b 6dl; me- *" d&um to good, £3 10s to £3 15s; right wnd ddacolored, £3 to £3 7b 6d. Messrs Dalgety and Co., Ltd., Dunedin, report as follows: We held our weekly sale of grain' and produce at our stores on Monday, when! values ruled as under: Obß».—-The market remains quEet, and in the absence of any shipping the demand' is decidedly weaker. Buyers ' are only operating from hand to mouth, •aid \m:illers jure only for - ■ actual requirements. We quote :■ Prime milling Gartens, 2s 2d to 2s 2jd; good to best feed, 2s to 2s ljd; medium, Is ; 9d to 2s; inferior, from Is 6d per bushel • (sacks extra). . " from the country ere fight, and there is very little life in lite market, despite the fact that stocks in store are almost •exhausted. Fowlwheat is offering more freely, and is in fair demand at quotations. We quote: Prime milling Velvet, to 4s 3d; Velvet Ear and Redchaff, 3s 9d to 3s lOd 1 ; prime milling Tuscan, 3a 8d to 3s 9}d; best whole fowiwheat, 3a 5d to 3s 7d; ihedi'um, 3s 2d to 3s 4d per bushel tracks extra). Potatoes. —Supplies have been, com- . tug to hand freely but in most cases conaJgnmentß are only ot medium quality. The demand being purely a local one, only choice quality us in request. Medium is neglected said almost unsaleable. We quote: Prime table, £2; 'medium tftj good-, 30s to 35s uer ton (racks in). Chaff. —The market has been' fairly well supplied during the past week. The demand is confined to choice quality. -Medium and Kjght is not meeting with * the same inquiry; and is slower of sale. We quote: Choice black oaten sheaf, to £4 7s 6d; nrime white oaten sheaf, v £4 to £4 6s; medium to good. £3 10s, \ to £3 17s 6d per ton (sacks extra). HIGH COMMISSIONER'S CABLE. PES HOTTED FBXBB ASSOCIATION. WELLINGTON, Nov. 3. The Department of Agriculture, Industries and Commerce has received the following cablegram from the High Commissioner for New Zealand, dated • London, Nov<roiber l. (Note.—Quota- » tions, unless otherwise specified, are average market prices on spot):— Mutton. —The market is firm. The ■ stocks of nmiton cat hand are light. It is generally believed that a decline in prices i? likely to occur during the month ovin-r to large arrivals of Australian, mutton. Canterbury, 4|d; North Island. 4 7-16 d for "best quality. Lamb.—The market has a weaker tendency downward. Canterbury twos, sfd; other than Camterbury, 5 l-16d to 5Jd for best quality light weight. Beef. —The market w firm. New Zealand hrndauarters, 4Jd; forequarters, 3f d. Chilled deliveries are moderate. Hindquarters. s|d; forequarters, Butter. —There has been no alteration in the market since last week. Danish 133s to 135s oer owt; Siberian, . 106r to 110s: AustraSan, 116s to :225; Argentine, ÜBs to 120s. Finest ixnaalted is worth 2s more than salted. Cheese.—The market is firmer. There is better demand for Canadian hut no change in prices. Market prospects are . favorable for New Zealand cheese if the quality is good. Hemp.—The Manila market is easier. F«*ir current Manila £3O 6s. The out- . pot for the week from Manila was 1300 Stales. Only small business has been done with New Zealand hemp -Shis week. New Zealand, good fair grade, has ruled irregular. There are sellers •* £29 5s with buyers at £2B 15s Fair gpade averages £25 15s for any posi- -' . torn. lßftiol.—-The market remains firm. Prices for tops are well maintained at tot quotations. WELLINGTON POTATO MARKET. FMB UHTTBn PBES9 ASSOCIATION. WELLINGTON, Nov. 2. The market for old potatoes has been seriously affected by the strike, and sqpplies are now practically unobtain•jbje v with the quick advance in values Baving neen recently undergone. There ' w"» keen inquiry for all choice samples, Sat the trouble is that supplies are not on hand and any odd lots have been ■ snapped up with the greatest eagerness 4$ enhanced rates. New potatoes- are now arriving with greater freedom, al- . though supplying districts in the North .htire shown some fluctuations. Should jatrike -conditions prevail in the Far ' North it will mean that no old potatoes Vwill reach the Auckland market, and as that city has been drawing heavily for ..„;W*eks,past on the Southern supplying v. . v * owtoriots this may*have an influencing .effect upon the market for new potatoes •ad higher rates may prevail. Old potatoes, sound, realise £7 10s to £8 ■or ton: new potatoes, choice, ljd to lid per lb. MOSQIEL WOOLLEN COMPANY. DUNEDIN, Nov. 3. / The Mosgkl Woollen Company's an- ■ T W*l report states t£at the profit and r . Ipsa account, after writing, off £3OOO as '<** ■ and making special provi- \ *Mtt. for £ISOO for machinery now on v ,' «£§R£ shows an available balance of 4SBH&; The directors recommend a divi-

dend of 7 per cent, per annum, amounting to £5842, leaving £2394 to "ae-car-ried forward to the new profit and loss account. LONDON MARKETS. BI SLKCrBiC TELEURAPH OOPTBIGHT I'KK UNITEP rBK.SS ASSOCIATION. LONDON, Nor. 2. Wheat.—The market is linn on less favorable weather reports from the Argentine though there is a disappointing demand for cargoes; 6500 tons of Australian por steamer ©old at 35s 4>d. The wheat and flour afloat for .tlie .United! Kingdom totals 1,575,000 j|niirters, for the Continent 1,720,000, Atlantic shipments 446,000, Pacific, nil. The total shipments to Europe during the week amounted to 1,105,000 quarters, including 41,000 from Ausfc-aiasM. Rabbits.—The market is flat hut unchanged. Frozen Meat.—New Zealand—Mutton: Southland. 4fd; North Island, 4fd; best brands, 4 7-16 d. Lamb: Canterbury, light, sjjd; medium, 5Jd!; heavy, sd; Southland, 5 l-16d!; North: Island, sd; selected brands, s£d- Beef: Forequarters 4 7-16 d; hindquarters, 4Jd, Australian—Lamb: Ben bra no.-, sjjd; fair quality, 5Jd; inferior quality, 4Jd. Beef: Forequarters, 3£d; hindquarters, 4fd. South American—Beef: Froaen forequarters. 3id; hindquarters, 4£d); chilled forequarters, 3Jd; hindquarters, s§d; other meats, unchanged. SYDNEY WOOI SALES. Received 1 November 4, 9.35 a.m SYDNEY, Nov. 4. The wool sales have been resumed. Competition is keen and prices are firm at late rates. ' I |