COMMERCIAL

North Otago Times, Volume C, Issue 13147, 31 August 1914, Page 8

COMMERCIAL

(Per Cable,—Press Association.—Copyright)

Received August 29, at 7.10 p.m.

LONDON, August 29.

Silver is 2315-lGd. Owiug to large sfiles on American account'oilicial quotations for copper are—Best selected, 595 d to (Ml. In order to facilitate squaring up contracts the committee of the metal exchange arc permitting private dealings, but not below the following settlement prices:—Copper 50M; tin £133. There is no restriction in the prices of lead and spelter. GRAIN MARKETS. (Per Press Association,) GTIEISTCIIUECH, August 28. There is nothing fresh to report in 'connection with the wheat market, and any business taking place is between merchant audmerchantormerchant and miller, a3 there arc no sellers at present among growers. Oats are very "frm, but little can be done in the export trade, even if the Home market were favorable, as there is no freight available,' In view of the number of vessels shortly to arrive in the Dominion shortly this difficulty sljould soon be got over. For A Grade oats up to £2s

4tl at country stations lias been paid. Oatshcaf chaff is firmer, prime .quatity •now being worth £3 and fair average quality £2 10s "at country stations, Potatoes are easier, as supplies cannot be got away to Auckland, and £2 is all that is being paid .it country stations. OAMAItU GRAIN MABKET. All lines of grain remain firm. A fair enquiry for oats and wheat has been experienced, Business in milling wheat lias been principally con lined to lines in store, and severaj lines of prime quality velvet lave been disposed of diiring the week at a price showing an advance on Die previous week's quotation. Flour having advanced £1 per ton lias been the 'chief factor in forcing millers-J to' Operate. Offerings by growers have ,| been practically nil and there are not very many lines to come on the market from lirst holders. Velvet is quoted at ss, red Tuscan and redchall' -Is lid, s.s, Tuscan ami M. W. chaff -Js ll)d ; all net at country stations. J Oats,—Good enquiry' for both prompt and'forward delivery, and fair business has : passed for shipment to the North Jslaiitl. There are still good, stocks, held in farmers' hands, and a good many lines which were offered readily foiuul buyers. ' A Cartons heavy 2s -.ld, ordinary A grade 2s 3d, B Gartons 2s 2d, good heavy Duns 2s ilil, Algerians 2s Id, Dmiisli 25, ( nett at country . stations. , - 'flic season for barley is practically closed, and the only enquiry coining to hand is for lines suitable for pearling,' A few small lines were sold during the,.week at 2s i)d-to 2s (id per IntS: 1 lie), on trucks net. Potatoes.—During the early part .of Die week good,business was being done with the North, Island for prompt and. forward del ivcrv, but to wardsthe. close, business .was iiot so/easily done, as liiiyjer s mid Ji lied th ei r req ui rein cuts. Local growers ( (ire. no\y selling.. niui'c. I'reclyi. Mud: sonio. I'nirly liii'gc liui.'s, wyre jlispoj.: cil .'ol', .Buyers'are .showing a preference, for . the ■■■.Up-to-date.? varictv -ainK -"stpfefea^^bi:<;tliesc. are.'' district, but thoro are heavy supplies-of > HUv.Gamflkeopsr variety. . In seed pota-

toes supplies r aio hcavy/lpuffhe flemand : |f§|&|||Gaji^ t^daj^and "Ss^;., f : conducted a, clearing srile'at Pulcciiri on'", account of the Executoja '*6f tho'lalo J. llewfiou.- The attcrnlnii'ce. M'iCs largo, and tliQ following aro some l of- th'e prices l'ecows iVi 15s, £lO, £8 10b', f Soptembei Octobci cnheis, 10, £!), £8 10,18 ss, £8 lu~3,'£9„£7'los, £7 15s, £Gls3,£slo!,,£jC3 ! £7;£flfe, Cutlle —Five yeaihug Mieil'eW at £1 175. ( Iloises.—Mare (7 yeaiß). £22, colt (3 years); £23y aged mare £l6.f lmplements ■ and sundries'sold at market rates, .