COMMERCIAL.

Oamaru Mail, Volume XXXVIII, Issue 10593, 24 October 1910, Page 4

COMMERCIAL.

HOME MARKETS

By Electric Telegraph—Copyright.]

(Per Press Association.) Received October 24, at 8.35 a.m. London, October 23.

Cotton, 7.62. , , Rubber, 6s 2vd. Wheat. —An Australian cargo sold at 365.

HIGH COMMISSIONER'S CABLE

(Per Press Association.) Wellington, October 24. The following is the High Commissioner's' cable, dated London, 22nd October: —"The mutton market is not quite so firm and stocks of mutton on -hand are light. There is less demand, :but no change of prices. .Lamb. —Stocks of lamb on hand are light and are firmly held in few hands. Canterbury, sfd; other than Canterbury, ojd. The- beef market is dull, as supplies of River Plate chilled beef are heavy. New Zealand hmdsquarters, 3§d; forequarters, 2j. The- butter market is quiet, with a tendency invfavor io£- buyers .for. secondclass quality. The supply, exceeds the demandxand buyers of; butter are hold-ing--back expecting prices to go lower. 104s.- "* - - , Th,e cheese, market is quiet, but holders firai;; k Canadian, 565.

~ ' LOCAL MARKETS

Oarnaru Mail Office, Monday afternoon

"No reasonable offer refused" is now the' glowers' attitude towaids the wheat market, and 'millers-, not only here, but elswliere, pre not in the mari .ket,- so.- tliat lines-.of wheat are being hawked round fruitlessly. At no time during this season was the outlook so i barren;-'and it would seem that farmers Will have to get rid of what they still hold ,at considerably, less than 4s delivered, even -for velvet, while other kinds will be sold only at a greater sacrifice. - No sales have been reported during the week, although, there areseveral good -lots on offer. The tone of-the oats market has improved, bub very few are for sale; i)i fact, few remain in , the district over and above .what' are kept' for home consumption. A line of 1000 sacks of Gartons from -South Canterbury changed hands at Is ]o\d nctt on trucks. There is good demand for chaff, but none is offering, -owing, no- doubt, to the sparsity ot .gra.ss : , and cliafi will bring good prices •it there is anv for sale. Potatoes have shown a marked advance of late, and there are not enough in. North Otago to meet the demand. Sales w-ere made at • £lO- nett at country sidings, and up to £lO 15s nctt delivered.

DUNEDIN MARKETS

By'-Telegraph

,(From Our Own Correspondent,.) Duned in, OcLobei 24. Messrs Donald Mteicl 'and Go. lcpoil /as follojvs" < Oats—Piimo milling, 2s; good to best ;ls,,;lord t'o Is lljd ;- medium, Is 9d to Is-10d; interior and discolored, Is Gd to 13 Sd. '

Wheat —Piime velvet, 3s lOd to 4s; prim'e velvet oar, etc., 3s 7d to 3s 8d ; medium to good, 3s 5d to 3s Gd; good fowl 3s 2d to 3s 3d.; broken, 2s Gd to 2s 9d.

Potatoes —Prims, £lO 15s; medium. £0 15s to £lO ss; small and inferior. :S6 'to :£B. ' »

■ Chaff.- —Prime: oaten, £4 5s to £4 10s ; choice ,to £4 15s; medium to good, £3 15s to £4; inferior and discolored, £3 to £3 30s.

Straw —Wheaten, 255; oaten, 35s to 37s Cd. i