COMMERCAL.

New Zealand Herald, Volume L, Issue 15237, 26 February 1913, Page 5

COMMERCAL.

MARKET REPORT.

BUSINESS REPORTED.

rtrtlMßr to expectations, business with : Aral merchants has assumed a rather ■ ■£«■ aspect, and they have during the " i fow days experienced a brisk time, Mh has been caused by forward buyiaji ■' \A$» arrival of the Island steainor with ■ jL~- -which has affected those interested i(\Ms trade. Orders from country di.v is have cocao forward in greater volume i?n was looked for. Soft goods houses ■ ; 2* no change, and business with them ?4iil quiet- Until autumn buying comrtsacM no alteration will toko plac*. iLhtaro house* are still going steadily, a there is no depreciation in business. ice merchants report that business is <*? satisfactory, and they are looking ■ Jr-td to an improvement when the now Boon's s ra ' n is put on the mar -,. , Afattross Fibre: Sellers are not inclined i„ lower' their prices, but tho market is .iijrbtW weaker. iHnphvt'^': Market has declined, and fair -"iaaness has been put through on tho Cer quotations. Forward market is diffi[ft to forecast, but tho opinion seems to '■■U that lower prices will rule ere long. '';'.: Cocoa-nut: The desiccated cocoanut mar- ,. 1 is distinctly dearer owing to forward Sralsiicn, also to tho advance in price c '[ oooooauts, _ _ fjbil.ee: Fair average season's Nilghiri psiniains & marketable level. potatoes: The market is very much about *j same. Basin-sea during tho week in been good, and supplies are on a par •itfa Tho price is £7. Onions: According to letters received Lm Australia, the market there jumped owing to 'he action of dealers running on© mother, but it seems Quite probable that tie position will 'bo a temporary one. lie Southern market is firmer in conseoapice of all this for the time being, and losers are holding back. To-day's price « £7 10s, with moderate stocks. _ : "Oat?: The Southern market is slightly eiiier, as deliveries have been moro than «i»l' to the demand. Tho Auckland Birket is fairly well supplied, and the price is 3s for good grade. * Chaff: There brs not been much business ■doing during the week with wholesale lines, it merchants are only buying: from hand to mouth. Auckland stocks are sufficient to meet requirements. The price remains et £5 for local and £5 15s for Southern. Fowl Wheat: An improvement has taken place.'during the last few days. Offerings from the South are lighter; good quality ia being picked up when offered. Thft price is « &d ex store for good whole wheat .... llais?: Tory little, is coming forward from the coast of late. Stocks here are still extremely light The ex wharf price is 4s 4d for wholesale lines. Bran is moving off very well at £5. Stocks ere light. Pollard: There are only moderate stocks &eld here at the present time, and as there is- a brisk demand the price is very firm

I at £6 10s. Fungus: The small lots that are coming V forward are readily sold, if- in dry conedition, at 4?d. '* Flour: Southern is quoted at £9 15s f.o.b. : The Auckland roller mills quote £11. r : Flax: The latest information from London by cable points to the position not .:bang v?ry encouraging; but there has teen very little alteration in price since 'our last report. Tho local quotations are: . G.f.a.q., £26 15s: f.a.q.. £25 ss; common, £23 15s. Tho deliveries are keeping up , ktj well. ;.; Tow is still being sent forward in good ;; qaantitic=. The average price is about £9. .; Indian Tea: At the Calcutta tea sales No. 30 fiomo 42,743 packages were catalogued. Of this quantity some 3823 pack- - ages wero withdrawn under bid or did not arrive ■in time. The rest sold, about ! 28,920_ packages passing the hammer. Selection varied greatly, as is to bo ex- - pected in the closing stages of a season, ana' although _ there were many attractive • Savoury invoices, yet there were many very scrappy' and mLsod ones, showing no ; afeactiveness either in leaf or cup. Demand generally may be said to have been good, especially for all tea with good make or. soma character_ in cup; but mixed stalky poor liquoring kinds were very difficult and slot? of tale. The only change of note was less _ inquiry for small dusts, <: r<K& being more in buyers' favour. Owing again to the great number of lots put up for sale > tile sale will last for two days. .;' KAURI GUM MARKET. ■Tie arrivals for 24- days of February are •748' ; tons, showing an increase of '245 tons over the quantity received during the same period of last month, when the quantity i sent k was 503 tons. There is still a ■preponderance in the arrivals of riddlings \CMCtlow grade gum, which are fortunately '/Reeling with a corresponding demand, and 1 Store stocks of brokers have not been increased, notwithstanding the large quantity of gum coming forward. The better : grades of ordinary ara still in short supply, and as there are orders still uncompleted, ■ \shippers are paying extreme rates for this class of gum. "When the present orders jare finished there is a h'kelihood of prices (are finished there is a b'kelihood of prices receding slightly. I I Pale select is selling. i Ordinary: Good re-scraped, well got up. : . iwwes off freely, and there are buyers ot ;" inferior lots. Sorted superior three-' ;., qnarter-scraped -ordinary sells on arrival •';: without any alteration in value, and the same to unsortcd superior ordinary. Medium ordinary and extra ]•;. well cleaned washed nuts command ready sale. Most of tr«« buyers are operating in good swamp with heart in it, medium swamp, and poor white swamp, dry lots meeting with most competition. J :. . East Coast is selling, hut tho market is inclined to eaiie. ! Black: Good resoraped and bold lumps ' thoroughly sound and well cleaned are : asked . for. Sorted three-quarter-scraped I steel is in more general demand, but un- j wrted blacks are still inclined to hang I j hro. There is a keenness in the inquiry I for medium Mack and hard black nuts. I awl poor black mite mixed with white I I swampy nuts are also changing hands as ' I ■■they come forward. ! [.-■ £ Bush: Tho principal demand is still conI « T to pale bold rescraoed and bold I Died bush of pood colour. 1 Chips and dust are receiving attention | irom ad buyers. Earthy lots of diggers' £■ ordinary chips and dust and black rid'i Clings containing mud. fern root, etc., have |. »be sold at a comparatively lower price. =

CHRISTCHURCH GRAIN MARKET.

[ST TELEGRAPH— PRESS ASSOCIATION.]

CnnisTcncßcn, Tuesday. ! £nd!°*w. '? C!lt I - rket is a !ittle lirmer - I fact tLV °h a -? a °& la Purely local. The % TieW. b 5! l ft dcs th ° ™ being shorter, Sr i?affis?., m ?T, ch beo - w thcwe ot last ;C" aL. t 1? ' the Position. The grain, , % tawnnhiS"" harvested under generl i : tooted m * bl % conditions. Tuscan is now i Wand * & S . d and 3 ? s * d; Hunters 3s j ■& nit M 6d -, and pearl 3s Gid and 3s 7d *■ ttiS^^^ 0 " tho <?*** hand: has 9Cwi«^tL tO l S e> ,?T n , 0 business, can be I ? Pre Tent ™lJl ort V sland on tho basis ! #in»Si M'" 03 ; Buyers, for the time I S»t&£m' B ! herefore > not operating, and ' * Mem? &l £ ro ™ er are not prepared *'*wM ™? ? r 00 Pr,ce? V The cocksfoot Jfc» is much easier "" it opened and I bel£ n Sr a . Cel 3d % 3ia is P all 'that »«rr viL offer .e d > ana the demand is not mt L new ryegrass, 16 bl,sines3 aro too ■ »£JVT ma ? d ass ' attention. Offer-I *o J? ma '? d any attention. Offerjjyj good seed are unusually smalll this