COMMERCIAL.

North Otago Times, Volume CIV, Issue 13797, 6 February 1917, Page 8

COMMERCIAL.

"LONDON MARKI®. ' (Por Cable—Press Association—Ooifcriglit.) (Aubtialian ami NZ (?blc i!-sn.) LONPCA, I'ob'U'iy 2 . Wheat is at a staiulstill; nud'is iloimii- ; ally unchanged. Hemp.—Strong and advancing! owing to restricted offorings of MaUfl There is nothing doing in NewZealai 1. . • i Copra.—December and Februa v .shipments £42 10s. , Rubbe; I .—Para 3s 2Jd, Plmtation smoked 2s llfd. South American mutton IOJt lamb 1 ■llid; other meats unchanged: . '' ■) : i ■ ) - ■ i DUNEDIN MARKETS, , 1 i ' M • DUNEDIN, Februr ;y 5. Donald Reid and Co., Ltd., report: We held our: weekly auction, saleio .grain; . and produce at our . stores this liorning, when values,ruled as under:— ■ •' : Oats—No business-of any importance has transpired ■ during: the week, but , there'is a prospect of fair sales-of new. season's oats—particularly Duii's and Gai'tons—when threshing becomes gen- ' eral, Meantime old oats move off. slowly in jmall lots,, to supply local requirements, We quote: Prime milling. 2s lid to 3s, good to best feed - 2s 9d to 2s lOd, inferior to medium*2s. 6d to ' 2s 8d per bushel (sacks extra), Wheat—Millers are buying only sufficient to keep their mills running and await the Government's decision as to fixing values, before operating to any extent, Fowl wheat is in fair demand, and sells at, for best, 5s Gd;. to 5s Bd, medium to good.ss to 5s Gd per bushel (sacks - extra), ' Potatoes—The market is steady at 1 late quotations—about £7 per tou for best quality. , : 1 Chaff —The market is more heavily supplied, and late values are not maintained. Price oaten slieaf meets with fairly ready 'sale, but light and medium 1 qualities are difficult, to quit. i\Ve quote: Best oaten sheaf £4 5s to £4 7s Gd, medium.to good £3los to £4 per ton ' (bags extra), Dalgety. and Co,, Ltd., report as fallows: — Oats—The market- remains quiet and very little business is passing. Stocks in store are almost depicted and very few arc offering from-tlie country.' We quote: Prime milliug 2s lid to' 3s, good to best feed 2s !)d to. 2s lOd, damaged" to inferior 2s 3d to 2s Gd per bushel (sacks extra). . < Wheat—The market for milling wheat i/ very unsettled pending (lie decision of the Government in regard to fixing prices, aiui millers are not keen to operate at iitc values. , Fowl ,wheat is in short supply and, meets a ready sale at from.as Silio.fls lOd for best"whole wheat,-medium;quality 5s iul to as Gd per bushel (sacks extra). Potatoes—Consignments during the past few days have been steadily hi' creasing, and as many of tlieni are not ripe and require quitting on .arrival sales can only; be effected at a reduction on late rates. . Freshly dug lots of good size are selling at £7 per ton, Chaff—lncreased consignments aro coming forward with the result that supplies exceed the demand, and late 'rates, are not obtainable.,: The demand is principally for bright, heavy oaten sheaf, which is to-day selling at £4,5s to £4 7s Gd per ton for choice quality, whilst medium realising to £4 per ton (sacks extra),, | ' ..