COMMERCIAL.

North Otago Times, Volume CVI, Issue 13975, 10 September 1917, Page 8

COMMERCIAL.

$ ! LONDON MARKETS. i> \ 5? ,\r*t Cttble-Prc-is As<ocation—Copyright) v ( (Austi ilmn and N/, Cable Association) LONDON, Peptembci G. , 4 ( Wheat and Hour aie at a standstill ''' pending opeiations on tlio commission's »__ new puces, to come into opeiation on v the 17th instant. Oats, Peas, and Beans— Fnm and active. Sugar.—Unchanged. Buttoi—Theie is a great scaicity, , piices aic mostl) unchanged. Da'nish,\ ,' nominally 300s Theie is but little shipping fioiu Denmark, as the bulk is being consumed localh, owing to the shoitnge of maigarme Tin-Spot C 250 17* lid, thiec months £240 7s fid. Stocks, 20,67S tons; spot,, :> 3804 tons; afloat, 4973 tons; deliveries, : ; > 1027 tons. ,' ■ '

Silver,-481d per oz. 1 yj Other mctnls unchanged. ;■ ■;: The Bank of Australia has declared' a dividend of 1-1 per cent., with it " bonus of 12s per share, and £35,000 , lias been added to the reserve and £122,869 carried forward. .■'Received September 0/5.5 LONDON ,September 8. Hemp.—The market is inactive, and prices are unchanged. - Eubber.-Para, 3s 2d to 3s 4d; plantation, 2s Old; smoked, 2s 7jjd; . Copra.—Unchanged. Babbits.—There is little doing owing to the small quantity released. Mutton.—There is no Australian or New Zealand offering. Lamb, lOid. South American mutton: Lamb,.ll jd.

DUNEDIN MABKETS. GBAIX AND PRODUCE BEPOBTS. DUNEDIN,' ; September S.-. .. In the absence of offerings there is nothing doing in the local .wheat 'market. Three of the Dunedin mills have hail to ,close down, two others have sufficient wheat on hand'to. keep-them going -for another month or so, and the remaining mill has enough wheat for about two months' milling, One Dunedin mill, however, lias a pretty substantial stock of flour on hand. Fowl wheat has further finned in price, and as high as Cs Cd per bushel has been obtained for small quantities. There is very little on offer. Oatmeal is quoted at £2l a ton' for 25's; pearl; barley, £2O 10s: pollard, £7 10s (fixed by Government); bran, £4 5s (fixed by Government).

__ There are few lines of oats offering - from Otago growers. Sales have taken place during the week, at is exstore, for A Gartons for seed purposes, and also at 4s 3M for A Gartons, 4s v 2Jd for B Gartons, and 4s for feed oats, all f.0.b., s.i. There is not, however, much doing iii the local market. For a 600-sack line in the Gore dis- . trict 4a Id on trucks was offered from Dunedin, but the grower found a higher bidder in the south. The Tarawa, which sailed from Dunedin on . JJriday morning, took a few thousand sacks to the .North Island, in fulfilment of orders received within the past few weeks. A fair quantity of the shipment was composed of r.nder-grade line 3, for which there is a fair inquiry from the north.

The broken weather has delayed the cutting of chaff in, the south, but the market has been supplied with consignments from the north and Otago Central. Good quality is selling at £6 os, delivered in Dunedin. Merchants are out of stock of oaten and wheaten straw, no supplies having arrived on the market for some time. The quotations are, therefore, more or less nominal.

Good quality potatoes have been sold during the week at U os, and the market is firm at this figure I'or any freshly-picked lines. Most of the stores are busy picking over sprouted potatoes, and the market is kept well supplied. Canterbury consignments are now lessening, as farmers are too busy with spring work, and probably present prices do hot induce them to get their potatoes ready for the market, although it is reported that supplies arc still plentiful there. Eggs are plentiful, and bakers have now commenced to preserve quantities.

The stock of onions is sufficient to meet-the demand, Milledfynd dairy butter lias advanced Id per lb. Current wholesale prices are as follows: !- ; phaffAPrime oaten sheaf, £6 to £fi 6b; medium 'to good, £-1 10s to £5 10s (sacks extra). • Melbourne onions, 20s per ewt. Eggs, Is 2d. Butter.'—Milled bulk, h 4d per lb; dairy arid separator, in lib packages, to Is 4d : ; Honey-Bulk, fid; 10 lb tins, 5s (id; 21b pottles,, 15s to 16s a dozen; 21b tins, 15s! Pigs.-fßaconers,'7Jrl to Sd per lb; porkers, Bjd to 9d. Bacon.-Rolls, local, Is 2d; Christ-' church', Is 2d; sides, Is Id; hams, Is' 20; ham rolls. Is 3d.