COMMERCIAL.

New Zealand Herald, Volume XLIX, Issue 15155, 20 November 1912, Page 5

COMMERCIAL.

MARKET REVIEW.

FAIRLY GOOD BUSINESS REPORTED.

OssKKAt. merchants have experienced slightly better business during the last, few dove. Country orders are coming forward rather more freely, and buyers evidently have commenced before the usual time, of the- month. Town trado is about normal. Soft goods houses report matters rather quiet, and there is no doubt that the unseasonable weather has had a deteriorating effect upon trade. Fancy goods houses arc now kept fairly busy, and country business has improved, but the town buying for Christmas trade has not been apparent so far. Hardware houses are still doing satisfactory trade, and are likely to continue to do so for some considerable time. There is T--ry little change to report with regard to produce merchants, who state that business is fairly satisfactory. Hides: Market very firm, with brisk competition ; local and shipping buyers operating ir:c)y for all classes. Skins: Market firm with keen competition.

Tallow: Market renains firm at late prices. Wool: Rags and dumps, buyers bidding freely at good prices. Potatoes: The Wanaka and Tarawera brought a very small shipment from the flouth. There will not be many more now iicn there. Local grown are getting more plentiful every day. The Sydney boat this ■week took a shipment of potatoes from here, as prices to be obtained there art much higher than potatoes are selling at here. Tho market is poo-ly stocked and the price is 14 a. Onions: Californians are still in tho market; the quality, however, is much inferior, and cases > require careful picking over before pending out. Quotations ot Globes from Melbourne December-January delivery aro lower. Tho price here is ISs for first-class quality. Oats: Tho market is about the same in the South, there being very little change to report. Supplies aro not at &11 plentiful. The vVanaka brought a good shipment from the South at the end of last week, which came to a poorly-stocked market. The priro is 3s. Chaff: Southern shipments aro still kept back for want of space, and in consequence local offerings of prime chaff aro being taken up- There is a considerable quantity of inferior local, which merchants are very chary of handling, and consequently this is of verr slow sale. The prieo of good local is £5 ss, Southern £5 15s, Fowl wheat is in good demand, with supplies ample for requirements. Price 4s 6d. Maize: Tho Maheno from Sydney brought a shipment of 600 sacks of African maize, which is selling fairly well, as the arrivals from the coast are on tho light side and the demand is fairly good. The ex store price is 4s 9d. . , , . Bran is quoted at £5 per ton, with fair stocks, and is selling well. Pollard: Only medium supplies are on hand. The demand is good. Price £6 ss. Flour: Southern, £9 15s f.0.b.; the Auckland .Roller Mills, £11. Fungus: The quantity coming forward is not excessive. Dry lots are easily disposed of at 4gd, with a firmer feeling. Flax: Deliveries up to the time of writing are 200 tons flax and 36 tons tow, which shows a steady increase. The London market, according to latest cables, is not quite so firm, and prices have slightly receded- Local quotations are : G.f.a.q., £29; f.aq., £28; common, £25 10s. Tow is wanted for export. The quantity arriving is not sufficient to cop© with the demand.

KAURI GUM MARKET. The arrivals for 18 days of November aro 503 tons, showing an increase of 165 tons over the quantity received during tho same period of last month, when the quantity sent in was 3*o tons. The bulk of the gum rousing to the market at the present time consists of riddlings and low-grade gumThere is still a scarcity of the better grades of both white and black, and consequently prices are being well maintained, as there are still orders on hand for these grades. Pale select is salable. PROPERTY "SALES. Messrs. T. ifandeno Jackson will sell by auction at their rooms. Customs-street East, at two o'clock this afternoon, the valuable property In the estate of the late Ellen Ansenne, havine a frontage of 58ft to ??mondß-street (near Choral Hall), by a depili of 117 ft on one side. 137[t on the other, and 60ft on the back line, together with the well-built residence of six rooms. The unsold balance of Dr. Purchass Milford Beach Central Estate, comprising 13 beautiful sections and four cottages, win be .'nbmitted at the same time: also a grand building section, having 273 ft frontage to Queen-street. Devonport, and a frontage to the Waitemata Harbour.

GRAIN AND PRODUCE .MARKET. [BY TELEGRAPH.PEES 3 ASSOCIATION.] CnarsTCHuP.cE, Tuesday. Suflicesa in the grain and prodnce markets is very quiet. There ia no particular demand for wheat. Millers will take any suitable lines that offer within their limit of price, but very little is coming forward. Garton oats of A grade is the only variety that finds ready sale, other descriptions not being wanted. The potato market' is now practically closed for the 6eason, as only odd lots are now coming forward and selling at £8 10» to £9 per ton at country stations.