COMMERCIAL.

New Zealand Herald, Volume XLVI, Issue 14214, 10 November 1909, Page 5

COMMERCIAL.

lL nosition as regards the general dislriMF?r"raik is a bit moro cheerful,, good F*"^[having gone through during the 'fr*VletP- days- , . • W^'mW 'Orders aro coming in freely, and i ' huving is well maintained. W-" of Tartar: Cables advise tho Ct ?Ti s very firm. Good orders have gone SSk during the past week ' Pnines are steady at last rates; an inI rr " price would not bo unexpoctod. Stonas- No alteration to report. At totlsprices this fruit is good buying. ■Simmon-'Good local inquiry exists, stocks I .„, light, and first shipment of new iScagc'ly looked for. * 'r.mobor- Trice has again advanced, and I Sons are for still higher rates. Local frL are i" f"^ 11 compass. flats' Food: Good inquiry for popular [;i u nds with sales, on the increase. rwnd Oil: Trices keep up and aro now w ii D T»ta. very high rate. .. t™jj n pjates: Market is firm with an upward • l * flies'- A further advance took placo at ft week's sale. Tho demand is very keen for export* Sh<?«pskins: Market continues very firm. Tallow: There is no change to report. Wool- Oddments of wool, comprising jock!*, pieces, bellies, etc., are selling freely it high rates. Potatoes: This market continues to be •err bare of old potatoes, and merchants «e finding it difficult to execute orders. The •Waikare only brought 967 sacks from the 'South. This"shipment will go straight into consumption from the wharf. The Wanaka *• due a the end of the week with supplies 'from the Bluff and other Southern ports, "and also the Monowai should arrivo on from Dunedin with supplies. New 'potatoes are coming in slowly Several 'growers are complaining about blight. Price 'for old Up-to-Dates is £4 10s to £5. Derwenta are worth £1 extra. 1 Onions: There is still a small supply of iOaliforniana on tho market. These are $*togsold freely at from £14 10s to £15. 'The Mahcno, from Sydney to-day, brought 232 bags of best old Victorians. Thcso will ;#eet'a very good market. Price is 12s 6d, "and the quality is satisfactory. Now South iWalea new crop is being quoted, but is a Httlo too risky to import at present. s>Oats: Business is very quiet, but as mer,'eiants have disposed of "part of their holdings in the South stocks are not heavy. The ijs&rket'is still firm at 2s sd. I Chaff: Price of this continues firm. Blenfleim shippers have advanced the price about is, and local holders aro asking a higher figure. The market is fairly well supplied. .Quotations are still £4 5s for Southern, £3 -15s for local. ;S Fowl Wheat: Very little offering from $& South. In fact, prim© quality is hard to procure. Demand is very good, ks_ is usual «at this time of the year.. Price, 4s Bd.. .Bran: Demand is good, supplies light. .Trice. £3 17s 6d. i, Pollard: The Tasman arrived on Saturday iwith about 350 sacks. Supplies aro not at ill heavy, and >-rice remains unaltered. Fungus is coming in only in small quantises. Good dry parcels are realising sd. IS Flax: Cables from Home < point; to a ywesicr l market for all grades, -; and .buyers 'there are holding off. 'S Prices are nominally fjfiffllj for fine; good fair average, £23 ss; • itq., £22 ss; common, £20 ss. V „ « Tow:. There is no change to report. Price Remains at £4.10 a for export purposes. * .» Indian -Tea: There continues to ;bo v a large 2 ; business passing on the London market, and with the- exception of. medium and 'good medium loaf teas, which show a slight :heaction in values, accentuated when there ns any accompanying falling off in quality, .the prices ruling early, in the past month ■are well maintained. - Judging from tho wit-turn reports of the various estates, apart •from* abnormally favourable weather for '[growth, ■ there seems no reason to anticipate much' increase iio/v the total crop, so that while importers are naturally willing to .meet,a free market, the time may, have ar- * rived when less pressure to sell is desirable. There has been a : generally • steady tone throughout the auctions. Fine to finest igrades continue in strong request, and all Bright, tippy teas, both leaf and broken, were {keenly competed for at full rates-. Among fmedium grades of Assam leaf, however, Hhere was a certain amount of , irregularity noticeable. "fi Teas between' 8d and lOd per •pound are; now selling at id 'to id per Impound lower than prices current at the com-- | penceiaent of : the ii month. Brokens - mean- | while remain fully steady. Low.medium and jboxmnon descriptions keep firm at last prices, %$ quotation for fair common Pekoe Sou,«K>ng being 6id per pound. A useful selec- | tion of Darjeeling teas were included in the i and although the trade willingly paid well for true flavour a fair amount 'jwas withdrawn. Southern -Indian teas sold {freely at about lata rates. ' . :;;L ' ;! KAURI GUM. H The arrivals for eight days of November are 227 tons, as against 132 tons for the (Same I time \in October, showing an increase ftfor this month of 95 tons. ; Notwithstanding, that the arrivals are fairffflr:j heavy.- i thero ■is J very. : little alteration in "SUks market, 1 and' stocks in the hands of brokers rare'not increasing. Bayers s are ■ operating in most of the wades of the different classes, and prices ■_\hi,ve r} been. fully maintained- during the i^cek-' : ;v.:.,:;;,.,-v;. ■^ : '''■' '"-:■• ": : 4 Pale Select: Very little coming in; the ijdftrnand;c has been < satisfied for the time, /tot slightly; lower prices would induce fur-1 I-wer, sales.. . -_',■"- -^, : .- ... , J **: Rescraped:. : ;. Good ! rescraped is moving . off MB •it ' arrives,; buyers giving more attention j to those lines that.are thoroughly rescraped i *nd good sound gum. Inferior parcels are not so easily disposed of.-. • 1 .." Ordinary :.'Sorted three-quarter-scraped |ffiperi6r ordinary is selling, showing the ad- ,. vantage obtained -by i paying 5 extra care to sorting in . the f country. Unsorted lines are more difficult ;to place, and do not realise gj*Q* much in ' proportion to : well-sorted" lines. ; 'Medium ordinary ; and C well-cleaned washed '/« * free from '; dust, 'are in demand; rough Iwashed • nuts not sifted have to be sold at i » tempting price. Swamp, with heart in .'«, is in request. (Poor white swamp is not asked for. ■ ■ ■. ... •:■■ y-~ ;, : tE* B * Coast: Stocks are still accumulating. | porno lines have been offered this week'at W* very low price. 11l Black i- Rescraped is selling if it is careBP}K a P ed:l Bold lumps, sound 'and .! jell-cleaned, continue in demand. Sorted " three-quarter-scraped steel is selling well, oat shippers can only be induced to take I ' trasorted lots at a low valuation. Medium I -black 1 and bard v black V nuts, sifted, are in also cleaned sugar, if bold. Poor v black nuts, mixed .with poor white swampy I nuts, sell slowly. Rescraped, if pale, is wanted. leaned'bush of good colour sells. Dark ,J«orts and pickings are onlv salable at a . *erj low price. Bled bush, 'if hard and of .good colour, sells in small quantities, but f shippers will not touch' green lots. P Chips and Dust: Bright chips and-dust * continue_to • move off, also ; good ordinary -chips. • Diggers' chips and ;\ dust, o'f good I J°k>ur, are selling, but there is no demand -Jr (>W "' Brrado ' containing mud. Black ridi| dungs, black weds, and coarse black dust, j r » dry, sell on arrival. -- "■->:. , v N.Z. LOAN AND MERCANTILE . AGENCY CO.'S REPORT. I Rors.(a: On Friday, at the Durham Yards, horses ■ «fa yarded in full numbers and sold at late rases. Heavy draughts sold at from £27 to £33 {«; medium do., £18 10s to £26; hacks and light fewness j horses, £7 to £15 10s; ponies, £3 to -.! *a 7f 6d. i^trt'lf kura on Wednesday we held our second n» 9iw> ot *he season, when we yarded upwards l" «-<iM .head. Buyers were present in large num*'!w "' -?° m Pctition was keen, and almost - every-' #S2*" changed hands under the hammer. Grown , «*er» Mid at from £5 10s to £7; two to.three gar do., £215s to £5 17s 6d; three to four-year W-, 45 5* to £6 12s 6d; yearlings to two years, S ■■■\ui £3 16s; empty cows, £2 Is to' £4 8s; ffi|J*2 3s to £3 17s 6d;.calves, 20s to £110s; I «nuis. £3 5s to £7. Beef sold at Newmarket rates. I ««i« /■ At the Newmarket Yards on Tuesday, *t«» K Tv- ~,i public, holiday, no dairy 'arid ; --».i? stock were yarded, hut there was a good "■,».».,, */? f ' ~ee' of nice quality, which sold at late ff n « i O o3 i ea „ "P t0 22s Per 1001b and cows I l ™mißs to 20s. Steers sold at from £6 5s to - -«• cows, £4 2s 6d to £7. £ Lm! ee ? : -The Newmarket Yards were well filled - i 1?, <u ee ?„ on -Tuesday.- Wethers sold at from Wnl* irw, 7s M; ewe! '' 108 6d to 14s od : ewes in i v'wugggj. hoggets, lis to 1353 d.. Lambs: Well gS9u? &n» 9d 0m ; " s 9dto i7s 9d = other ?'ttal! : p a" rk,,r^ soid at from £1 3a to £1 15s; :. "eaners, 8s to 15s; baconers, £2 15s to £3 13s.