COMMERCIAL.

Mataura Ensign, 26 January 1914, Page 8

COMMERCIAL.

GORE COMMERCIAL REVIEW. 'Ensign' Office, Monday. Oats. —Farmers are now offering oats lively with the result that the market shows a further decline and A Gar tons have sold down to Is 7d per bushel at sidings. There is practically no shipping demand, tho only operators being milters who are buying in a hand-to-mouth fashion while waiting the arrival of new grain, 'liie prospect for the new crop is by 110 means promising, and 011 tho basis of Canterbury prices oats will hardly open, at Is 6d. The substitution of motors for horse-drawn vehicles has reduced the Dominion's consumption considerably, and indications point to prices coming down to London parity. Chaff.-—There is a good demand with a firm market at £3 17s 6d on trucks. So far the decline in oats has not affected prices, and the conclusion therefore is that there is very little chaff available. Wheat. —No no offering. clearing sale. New Zealand Loan and Mercantile Agency Co.. Lt<l., beg to report having held a most successful sale on behalf of Mr Henry Osborne' at their yards at Mataura on January 23. Forty-one cows were offered and cleared at satisfactory figures ranging up to £9 15s, while'seven horses were disposed of up to £22 10s. Various implements and sundries also brought full values. THE RIALTO REPORT. • Thomas Green and Co., Ltd., report tho following prices on Saturday:— Pigs.—Suckers 10s to 12s, weaners 12s to 16s 6d, slips 17s to 21s 6d. Poultry.—Old hens Is 2d to Is 6d, young laying hens Is 9d to 3s, pullets 2s 6d to 3s 3d, cockerels 3d to 6d, young roosters Is 6d to Is 9d, old birds Is to Is 3d; ducks, Is 6d to 2s; geese, 2s 6d to 3e. • Produce.—New potatoes 5s to 6s 6d per cwt, onions 14s 6d cwt, oats 6s 6d to Bs, fowlwheat 10s 6d to 13e 6d sack, bran ss, pollard 10s, barley meal 10s sack, chaff £3 10s to £4 5s ton, cabbages Is 3d to 2s 6d dozen, cauliflowers 2s to 2s 6d dozen, peas 10s cwt. Fruit.—Oranges, 18s 6d; apples, dessert 8s 6d, cooking 3s; poaches, 2d to '_" d per lb; apricots, 2d to 3d;plums, -'1 i.o 21 <!; greengages, 3d; nectarines, to 3d - tomatce.i, 8d to lOd, Xo'6on tomatoes 10 . b. x ; cue,', ruber.s, to 6r ti .' . po.w, '2.1 nvr i'o. GORE AUCTION MART. Messr.; Geo. Kerr atid Co, report as follows: We held our weekly fall- on 1 Wednesday when the following prices were, realised:— l'igs.—Good entry; suckers i>old from to 14s 9d. i-Nultry.—Little demand; o'.d hens i>o'i| frO, m 8d to Is Id; chickens 4d to' '(, W. ducks Is Id to Is 9d, ducklings Is to Is 3d. Produce.—Oais (light) 3., 6d 6ack, t*ond to 8s 6d. Wheat (good) 13s, second 12s. New potatoes Id, lid, L}d per lb. Peas, 1 Jd per lb; cabbages, 1-Jd ■Olich. Fruit.—Apricots 2d, 2'd, 3d, peaches *2jd, plums 2d to 2Jd, red currants 3d to 4d. Furniture sold at current rates, CUNEDIN PRODUCE MARKETS. i'KR UNITED PRESS ASSOCIATION. DUNEDIN. Jan. 24. The oat market shows no improvement, values, if anything, having a still weaker tendency, holders, with the near approach of the harvest, being now more willing to part with their grain. It is reported that one or two rubbed-out samples of new oats hare boeu 011 offer, at prices which show a. slight decrease on those ruling at the corresponding period last year. A few inquiries have been received from the North Island, for delivery spread over several months hence, but values offered are not eliciting a verv ready response from agents, although some business has been gone through at about 2s 3d, f.0.b., s.i., for A. Gartens, and to Id less for B's. For prompt delivery A's are ruling at about 2s Old to is Id and 2s for B'6, f.0.b., si. When all u said, however, there is, in the aggregate very little business passing. Consignments of chaff liave this week been greater than the demand, and prices have weakened. Heavy prime oaten sheaf, £4 to £4 ss; medium to good, £3 10s to £3 15s; inferior, £2 6s and upwards (sacks extra). Straw shows an advance of 5s per ton. The potato market cannot be said to be in a very satisfactory position, so far, at any rate, as the ability "to effect sales is concerned. The large consignments of are still exerrising a depressing effect on prices—and some of the Northern tubers have arrived in very poor conditio^—while Oamarus are also in full supply. New Oamarue, to £4 per ton; medium lots, to £8; Aucklands, up to £2. } ,i AUCKLAND PRODUCE MARKETS. PZlt VNITBD PRESS ASSOCIATION. AUCKLAND, Jan. 24. Oats.—Oats are extremelv weak for both prompt and forward delivery, today's price for A Gartonß being 2s Id' f.o.b. at Southern ports, and! 2s for B Gartong. Wheat—The strong demand for wheat faae somewhat eased, to-day's quotation for good whole fowlwheat being 4s Id f.o.b. at Southern ports, withi small demand. The same remarks apply to milling wheat, except that nominal prices are 4s 2d, with -eacka extra. Potatoes.—The local crops are yew large, and the market at the present time is consequently very weak. Prsaent quotations are ranging in the vicinity of £2 tn £2 10s at country station s. Chaff. Tho southern crop is expected to i>,.» a', the end February.

In the meantime, merchants are working in local stocks. It ia anticipated that the price of new chaff will open at something like 75s or 80s f.o.b. at southern ports. LONDON WOOL SALES. BY KLECTRIO TELEGEAPH COI'TKIGHT. PEE UNITED PBRSB ASSOCIATION. LONDON, Jan. 24. For wool there is a strong Yorkshire demand, and all prices are well maintained. TIIO following prices were realised for the fleece portions of the undermentioned clip:—Orakei, top 13} d, average 12id. The sales closed with prices at the highest point during the series. Russia, throughout, has given good support, and the Yorkshire and American demand was strong for good, shafty 64's.

Prices for greasy combing advanced five per cent., croosbreds, fine, 7J per cent., finest, 10 per cent., and scoureds are unchanged. Compared with prices at last sales, slipes which were inferior declined a halfpenny. In view of the relatively low level of value for tops and yarns, the keen demand for wool has surprised the trade. The hosiery industry, Eowever, is very prosperous, and merino fabrics are in strong demand. A large depletion in stocks 0 f tops is expected before March, and a good American demand for crossbreds during tho coming months. ißeceived January 26, 9.15 a.m. LONDON, Jan. 25. At the wool sales Thistle tops realised 13£ d with an average of 10|d. During the sales 60,000 bales were sold, the Home market taking 55,000 and foreign countries 6000 bales, while 6000 were held over. LONDON MARKETS. Received January 26, 9.15 a.m. LONDON, Jan. 25. The Injorproat-ed Society of Meat Importers' Smithfield market quotations : for the undermentioned classes of frozen 1 meat are based on actual sales of not less than 100 carcases of. mutton or ■ lamb or 25 quarters of beef of fair average quality* The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on the average a farthing per lb more than the values ex ship, this difference representing an average cost in expense of handling, conveyance, and! selling the meat:— Mutton—Ordinary North* Island, 4Jd; Australian, light and heavy 4 l-16d, ewes 3 l-5-16d, lamb (inferior light weight) s§d; Scutli American lamb, first quality :jjd, second quality s|d. Bee'f.—Chilled forequarters 4d. Other meats are unchanged, and rabbits also are unchanged, the market beting inactive owing to a decline in, the value of skins. Wheat is firm, being Id higher for American ami Argentine. It is expected that the. world's shipments will be smaller. A slight advance is asked, but the demand is qxiiet. Sellers are asking 35s 7Jd, but 34s is bid for Australian, January shipment; 17,500 quarters per sailer, March Shipment, sold at- 35s I 9d. The wheat and flour afloat for the United Kingdom totals 2,595,000 quarters; from the Continent, 1,623,000 quarters; Atlantic shipments, 245,000 quarters; Pacific, 25,000. The total quantity shipped from Europe amounts to 1,055,000, and: from Australasia 416,000. Messrs Dalgety and Company. Ltd., report having received the following cablegram from their head office, dated London, January 21:— Tallow.—Mutton, par to 3d higher; beef, unchanged; low and inferior descriptions, 6d higher. Frozen Meat.—Good demand at about same price.