COMMERCIAL.

North Otago Times, Volume CV, Issue 13857, 18 April 1917, Page 8

COMMERCIAL.

HIGH COMMISSIONER'S REPORT.

(Per Press Association.)' WELLINGTON, April IG. ; The following is the; High Commismarket, report dated London, April 14th. '(Note; Quotations, unless otherwise specified are the average market prices 011 spot.) Meat—Even although Argentine mutton and lamb are in fair supply, prices are.higher owing to the continued small supplies ,of New Zealand mutton and lamb ami Australian lamb. Lower prices are being accepted for the . good 'supplies of hbnie-killed mutton and beef and Argentine beef. New Zealand mutton. B|d per lb, ewe mutton 8-ld;. 'Argentine muttou, .ifeavy-weight, I2)d, light-weight 123 d;, New Zealand. lamb, lOil; Argentine lamb, 14-Jd; Argentine chilled beef,"hinds lid, fores 9ld, Butler—The following are the maximum prices fixed during the next two weeks: Danish butter and finest New Zealand salted, 2205; Dutch creamery, Australian, Irish creamery, am! American creamery, 2145; Argentine, 210s. The market is easier, partly ow- ' ing to good supplies of Australian and Danish. Quotations; Danish,, salted 204s to 20Ss; New Zealand, salted 200 to 208s, unsalted 198s to 200s; Australian, salted 190s to 1945, unsalted 190 a to 1945; Argentine, salted 180s to 1945, unsalted 186s to 1945! ' Cheese—The market is inactive owing to short supplies. Canadian 1625, United States flats 160s. Wheat—The market is firm with the demand greater than the'supply, ' Australian 85s, Canadian 80s, Argentine 82s,

Oats—The market is strong, and all stocks are advancing owing to a general active demand. New, Zealand, 555, Peas —The market is firm with an upward tendency.

CHBISTCHUBCH GBAIN' AND PRODUCE MARKET. ' (Ppr Prenn Asnorlntion.") CHBISTCHUBCH, April 17. There is nothing fresh in the wheat market. Very little grain is offering, but there are ready buyers for all that comes forward. Beyond a little inquiry for oafs for local consumption," there is nothing doing in this cereal, as at. present prices, business with the North Island cannot be done in competition with Australian or Southland oats. There are a few oats offering, and growers are not prepared to accept reduced rates. The only sale reported ivas 3s 3d at country station. i:

The potato market- keeps steady at £4 at country stations. Some business could be done with oatsheaf chaff for the North Island, but it is impossible to arrange shipping space to Auckland, where the principal demand exists. DUNEWN MARKETS. GBAIN AND PRODUCE REPORT. Dalgety and Co,, Ltd., report as follows: Oats—The market is quiet, and buyers' are only prepared to operate at lower values. The only lines in request are those fit for milling and seed requirements, The bulk ot the oats ottering of late are of medium quality and difficult to place. We quote: Prime milling, 3s Sd to 3s 9d; good to best feed, 3s Sd to 3s 7d; medium to good, 3s 2d to 3s 4d per bushel (sacks extra).

Wheat—Very little milling wheat is offering, Millers are keen buyers of any suitable lines at maximum Government rates, Fowl wheat ( is in very short supply, and readily quitted on arrival at 53 Gd to 5s Sd per bushel, sacks extra, in small quantities for local requirements.

Potatoes.^—Consignments have been coming forward freely during the past week, and sales are more difficult to effect at late rates. The demand is confined to choice quality lines which find buyers at £5 to £5 sa. Medium to /good, £4 10.3 to £4 15s per. ton'(sacks »•)•' ' ' , .

Chaff—During the past week heavier supplies have comc : fonvard, the bulk of which was medium quality. Choice heavy oaten sheaf is in most request,

1 jiiui i>6ll signnien ts rof this description are ■ readily, dealt with' on iirrival. Medium quality and inferior -'lines arc difficult to quit. We quote: Best onion .shoafj '£s./is-to £*s 10s';' C-hoiep lilies, to £5 15s; medium to good,; £4 10s to £5 per .ton (sacks in),