COMMERCIAL.

Mataura Ensign, 14 February 1916, Page 8

COMMERCIAL.

NORTHERN MARKETS. nr nkbix. PKE UNITED PRESS ASSOCT*TTO*r ni'NKI>lN. Feb. Il>. Tlio o;H market i,s quiet, buyers liaiiL'in.- oil' in anticipation o| the lower pnces which slic.iul rule within tin- next three weeks, when the now err,.,- Income- mure plentiful. The now oats will onmc on a bare market, .--nutliern agents have been sellinsi forward lor \pril delivery and omv irds. hut quotations lor ili'is forward business nro now inclined to harden. To-day\s mace for old A Carton- is. nominally, .is 5.(1 1'.0.1... sacks in. hut in the ah once ot supiilhs verv little hrMiics- is passing. ■\ fair demand is, however, oomiim from Neriheru ports-. One merchant states that the oat market at the present time c:ui ho summed up thus: Old tiats for immediate delivery; nvw oats for doliverv within the next lorttiiirlit or .so- and' then forward business Imm April'onwards, when the hulk ol the Southern crop is available. Consignments of (half are about equal to requirements. l'ritne oaten -heaf. £5 5s ; medium to o;0od. L'l to £4 .")s (sacks extra). Potatoes are plentiful, and prices are on the decline. Peninsula. !>s cwt ; Oainaru. £7 10s per ton; inferior lots, £- } 10s to £6.

CAXTKRm'HY. TIM ART, l' vl >- !-• V fair volume of businc-s has been recorded duriim the week on tin* 'c.cal murk«t wheat liuunii"; nio-t largely in Ike sales. Quotations to-day are afollows --Tuscan 5s to os O.UI, \ Pivot 5s '_". dto 5s .Sd, Hunter's 5s to >s 1.,i1, all delivered at Timaru. Kowlwheat is MUMMinjr with a fair sale at -Is ()d on triit-ks^i-ojiiit rv station-. Very few oats are ottering, and the market is inclined to woakne-s. Newoars from the Ooiv district are expected to be on the market at t|)e end ol this month, and when they are nlterine; freelv it is expected that prices toeal.y will be easier than at present, as most of the business is bound to tto r<> *>'" ll and Dunedin. where by present appearances stocks will be abundant. ()n« or two lines ol barley havoJ>cen on offer. Farmers are a-skini* -~>~ I'd on trucks, but buyers" ideas of values are fuliy ikl per husliel less than tins. \ fair quantity of Cam- barley has been purchased bv Timaru mcrchanis from the Hague's Bay district, ll is liciiijj: brought down to South Canterbury to sell ro farmers win, want to owit immediatelv for [iieen l.vil. Karlier in the season Cape barley wa.s ol,!,*mable at Us l>d 1'.0.b. Cishorne, but the price has now advanced and (.notations today are from Is u> Is Id, • / , , , - !) -- *•'•< (iisborne. Some Aj>i*l'''«li;iu Cape, barley hat, arrived here, and the Hliajity is excellent. Potatoes are in keen demand tor shipment to Sydney, but an order here for delivery liext week hud io lie refused at per ion. 1'.0.b.. owinji' to our crops not boitm ready yet for ht'i.iii.ti.

ruinsTrnriuH. Feb. 12. Wheal .-lid continues to ho oderod very hoolv. although the amount ol busines. that is passing is'of eomparativelv MnV.i jna^iiitude. Dtiiinu; tlie last couple o! wwi.s l.uyers have shown rather !o?s inclination it,- operate, mid wli'M-eas ;■. fortnight ny-o oriei.i. up to 0: ,"Jd ami "is Id were paid, to-chiv values a r o ,t„,r>re in the vieiuitv of with crur* "uml JYarl worth probacy u|> to os 'id on tiv..i,ek.. at country station*. A.t present uiiljois u+e ii/l'oniijr rather boft.er j rices than motolmius, (ho hitter .sec-uijr ivo iniediato prospect pi turning; over the r purchases to ads-au-trtun. lit is' felt that the future of prices in .Now Zealand hinges to 11 very extent, if not entirely, on the ilisof the Coiiii.notiweiiltli crop, wliicji

iis this year of record dimensions. Reports show that the t hieshiiifj; returns vary greatly, a lew exceeding expectations, hill., the majority are ho.ow estimates. Kittle of the wheat in the immediate vicinity of the Southern Alps has vet received the attention ol the threshinu machine-, lint when these are i cached'it is expected that the return.; will lie uiucli more satisfactory, tluit is, if the l'i-osls have not caused more damage than expected. The oat market is very quiet, and little business, has been done up to the present. The dlferinjis of tins cereal have been within narrow compass, and ill most case,, when parce's have been submitted,, "rowels havot-howu ; , quite inliatod idea of values. and. with merchants very indifferent about operating, there have been few transactions. AI'CKKAXn. AICKKAXD. Feb. I"_>. The potato market. as advised at- last report, is verv Jinn, the -rice, beinii now £lO HK to £ll per ton. The main crop iu this district is now practically linislied. and the autumn lot. will not he readv until early in March. Alercbant.s have beer, diawin-jj; shipments Iron) Kaniiitikei. Wairarapa. and Hawke's I Vay districts. The. quality of the imported potatoes is "ood. It is expected that priee.4 \vii 1 keep i'n-.ai until the Southern nop is ready for the market. The Southern market will, op-eu linn if the demand from Sydney continues. j I'ntd the Whan.uarc arrived with supplies the oaf stock here had been pretty Weil cleared out. Shipments by that vessel are heinji; distributed ex wharf to till erdeis. The market continue.*": .steady at ; reviou>, iaf.es, but. it is expected rrices w.!l t ase, as lower Ijirure.s are boiicj; quoted ill the South for Alan h-Apri! and Ipriher forward.

I A Ijtlli' demai.d exist* fur Algerian I seed n||ls |er 'iwiiji in supply ojvon feed. There is alr-o inuuiry for Cape ifiirlcy. fyo;-rum. ami vetches lor a snni!ij(- purpose. | Stiifi; - mi hern dial! urn praei lesilly e'e.-itted iii). and very litt.le. I roiu t!n>' ITufl' : s now held in store. The next steamer advised i- to lo :d <m .Monday noxi. which shouh! replenish stocks hero. In tlio meantime, fair (piantitios of local o!:alf ::r" (online; in. which helps to keep the tnarkot down somewhat, rive present (plot a t ioiv for 15'eulieiin citti.r i< L' 7 Ids to L' y o. r l.m. and local <dialf is seilin- at LT> los to L' 7 per ton. e\ store

LONDON MARKETS, BT JIT.NCTIMfI TKliJUiiUi'fl POf'YH [HUT. FKli UNITED J'RKSS APBOCIA.TIOH. LONDON, Feb. I-J. |] Itn■ >. Ke'iniarv-Apiil .shipment. i-17. I'litiuii.- I'Ybi'iiai'v-Mni'ch s|ii|>ine-i\|, T.Sld per lh. .luie.— February-March shipmoM, CHI os. Wheat.—Tim market, is firm. <'ln.Mav opiiou.-. l'JSs; July, ] - _>ls M. Hutter.'— Danish, |.">S S to Ki'-N. Kiihhii-.—The market is dull and 1111cli in^ed. .Meal.— js ; (-.\v Zealand ewes, 7 I-Kid ; Canterbury lii.ii.ih-s. second duality, 7'-' • other,. Sd'; North Island. 7-d; selected, Sd. Australian -.hoop, lisjdil", T.iil ; hoavv. 7 I-Kid; ewes, 7il ; land's, iutorio'c, 7tjd. Argentine < hilled hoi, toi-ci, payors <Ud, l|iiH!(|iiniMers 7\d. Other meats ui'|. pni lnnu;o<j. | Hides.— Very linn. Au-iraliitn. Uj lljjd.

Leather—-Tlieru is good demand. I! -t Sv.dnoy, 17d to 1!).UI. H:>sik arc in liclt.'r' re quest owine to short supples and :-onic inquiry lor Covcrnmeni work. First Svdnovs, lid to L't.ld ; New Zeil.and. I(sd to 17d. [Received February 1-1, !).!•") a.m. LONDON', Feb. Li. When i- M dearer on m-mty oller--111 Li— - Tlic (|uantity of wheat and Hour alio it (or the Timed Kingdom amounts to •J. 510.000 quarters ; lor the Com inont, :!.l):H).0;'(l ; Atlantic shipments, W2.01K1 ; Pacific. I.">, 000. 'lite totiil F.uropean shipments atnouni to 1,4-10,000 ; Argentine, oil.ooo. THE RIALTO REPORT. Thomas Croen. and Co., Ltd., rop"r! the follow-inti -ales on Saturday : I'iiis. Suckers 7s to !l.s (id. wcaucrs Ills to 12s (id. slips 1 Is to 17s (id. haconcrs :r>s to lis. Poultry. Slow of sale. Hens Dih" Is, youn.e; pullets Is (id to 2s 3d, cockerel* (id, roosters Is to Is (id, ducks Is od to Is !>d, geese 2s <>d. .Produce'.— Potatoes (is (id per cwt, onions (is l>a»;, pollard His (id, bran 7s, oats Ds.lii lis. fowl wheat IS, (id, rhubarb 1-Ul, cabbages .'is sack. Fruit.— Peaches :Ul to ."id lb, jam peaches l!d to 'id lb, apricots 2.}< l to ;kl, jam apricots \U\ to 2d, hothouse tomatoes Old lb, held tomatoes M to -Id lb, green slaves 2}d lb, yellow og;j; plums I'.l to 2.W1, jam plums Id to 2d lb, apples lil to I.id, pears 2d, nectarines 2ld to ;sd, oranges H.v; (id. lentous 20s.

LONDON TALLOW MARKET. The New oa'iand Loan and Mctcauiile Agencv Company. Ltd.. has received from the London hott.se the lollowinc cable, under dale Fobruurv !>: Tallow--Wo quote present spot values lor tlie followine; descriptions; Fine mutton, oils (id' per cut ; good bei f, 'lO-; ft.l ; mixed. -His. The market is <hi|! and there is nothing doing.