COMMERCIAL.

Oamaru Mail, Volume XXXIX, Issue 10667, 17 January 1911, Page 1

COMMERCIAL.

DUNEDIN MARKETS. (Special to Oamnru JYluil.) Duncdin. January 16, Messrs Donald lleid and Co. -report as follows: — Oats.—Prime milling, 2s 2,1 d to 2s . 3id; good to Lest, 2s Id to 2s" 2d; medium, Is lid to 2s; inferior and discolored, Is 6d to Is ,10d. ./ -.'"- Wheat.—Prime velvet, 3s ■. 9d .to 4s; Tuscan, 3s 7d to 3s 8d;; best : : whble fowl wheat, 3s 4d to 3s*7d; medium, 3s lOd to -3s 3d; broken and ; damaged, 2s 3d to 2S 9d. ;;..'. Potatoes—Prime Up-to-Dates, £6 10s to,£7; unripe and stale, £5 to.£6'ss. oaten, £5 to; £5 2s 6d ; choice, to £s'-ss; rheaiumVto'good, £.412s 6d; inferior and discolored, £4 to £4 10s. v-.:... ■,.:■■■• Straw—Wheaten 1 —, /'3os to 32s 6d: oaten, 37s 6d : to"47s 6d. -_. •: v : HIGH- COa&fISSIONER'S \ : REPORT; (Peu PhessAssociation.) - . '. ■'.'... Weljing%ri, January 16. Following is tha -High Commissioner's report~ dated/ The ,: market I '.is -quiet arid' The"-supply of,. Canterbury -is ' 'practically* -exhausted. Nominally Canterbury is'.'.quoted at 4|d, North Island 4Jd. The lamb market shows .sighs "of ''weakness. This season's . Canterbury ' 6d| v other than Canterbury, ssd. -'. The beef-market is-quiet with ah improved demand. New Zealand hinds, •3Ad;.,fdrequftrters ir ' ... •, The - butter market-is- firm, "and has advanced buying.. Choicest New.. Zealand- butter 110s, Australian. 104s, Danish 116s, Argentinei 1065'.; . -'-■'".■': '■'•■■ ii;-'"■■- -.'.'■ The. cheese" market is feni with" ahafdenmg - tendency: ' The-'demaud is'.Jge!tting better arid-prospects are' favorable. White 575,, coloredsßs, 6d.'...' ■'' The wool .market, is a shade weaker, as buyers are holding back. . Thirtysixes, low crossbreds, Is -Id; forties, low. crossbreds, Is IJd; fortyrfours,- medium . crossbreds, Is 2Jd; .fifties, .halfbreds, 25,6£ d,; fiftj^ixes, quarterbreds, Is 9id; sixties, merinos, 2s..lfd: ."."'

DTINEDIN REPORT.

Messrs Dalgety and Co., Ltd., , report as heldr our . usual weekly auction' sale of grain at our stores on Monday, the 16th instant There was an average attendance of buyers, but bidding was not animated. However, wc succeeded- in selling the' bulk of our catalogue privately' and at auction as under:—

Oats.—The market is easier. Owug to the new season's, oats now being,on ofi'cr in Canterbury and the slack demand prices have, receded id a' btrmel. Even at the present prices vthero ;s very little doing, and any, oats : bei--. » sold here arc practically for, the lr-.-ja! trade. Prime milling 2s 3d to 2s good to best feed 2s 2d to 2s 3d, inferior lo medium 2s to 2s Id per b ishel (bags extra).

m,)^' Cafc 'T TJlis , ".'arket is also v.crv nuiet, and no business of any iru'i-- *" I do 1 ,, ,s I'msiuk. Prime velvet car is saleable,, but Tuscan is. not inquired for. Prime velvet 3 S 10d to 4s, n illinvelvet ear and Tuscan 3s 7d to 3s Bd* medium milling 3s 6d to 3s 7cl per bushel (hags extra); There is really no fowl feed on the market, and medium nulling .s being sold in its place. l,™!f i :'."■ BU .W ,l ' c s are coming toband ami there is. only a medium demand Prime.-oaten sheaf is enquired tor, but medium quality is verv hard ttnV 1 00 T-<"tt:-Pnmc oaten i 4 i'Js_to £», inferior and light £3 10s to 4-4 os.

i a lV~T h£,rc I,as bee " ;i good demand this last week, but it eased tor.?/" 7 ° r l" ot<?: —Oaten straw 35s to £2, wheaton straw 30s to 32s per ton THE FROZEN MEAT MARKET. 'fTw C.C and D. Cohipanv renort as follows on December 9:— ) Mot /.o r i!S a ' Ti V i,s "f rabbits have 'icon (>3,o.)lcwts from Australia. 12,439 owls from New Zealand and 8723cwts iron, the Continent, a total some 50 000 o.vrs less than came to hand in the previous four weeks. Aggregate img""?'10"8 amount to C3o,B92cwts, or more than were received in tiie same period of last vear. There has been a considerable in crease in the importations of frozen pork, the total ouantitv received during 1910 to date being 48,426c.vt5, compared with 6G46cirts in the same n-ribd of 1909. Of this year's total, in.ivc.er,: only lSSieivts were received irom Australia and BG72cwts from Neiv Zealand. In the frozen meat market more attention is being devoted to dealings in new season's shipments than 10 spot transactions, and the trade as a whole is very quiet, particularlv in the provinces.

New Zealand Mutton.—Oi.lv 1!>.0l0 carcases have come to hand in'the four the year's receipts amou-it to 1,9/4.222- carcases and show an increase of 12-5,097 carcases on-last year's figures.. Stocks are;extfem'e)yv ; mode-, rats, and, being under no'pres-siue ;to increase the limited output, iiiipori.eis have maintained quotations fairly firmly. At the close, values ho :c a crumbling tendency, which is scairrdv surprising, seeing that the quotations for Plate mutton have been consistently about 3d per lb lower than those for North Islands for the past four or live weeks. The latter are still quired at 3|d to 4d per lb; with a we \k tone. Canterbury cover a fairly wide, range. Good light carcases, ivlnSli. arc Kcaice, are worth 4id per- lb, -b.it some very heavy weights can be boiiir>+. at 3j : d rer lb. Ewes are worth abo-it 3gd per lb. The arrivals before the end :.f the j ear will be .very light, but v. ill probably L& sufficient for the denu-ul. Nei\- Zealand Lamb.—Stocks arc exhausted and quotations cannot be given. The year's receipts amount to . 3,41o;00l! carcases, showing an increase of 263,234 carcases. Extremely few of the new season's lambs, can arrive before the* end of the year. ..

Frozen Beef.—Recent supplies coihprise;93Bs quarters from New Zealand, 32,570 quarters from Australia, .and 79 ? 575\quarters- from South America, the latter including : further consignments, of 3555- quarters from .Venezuela. The- increased . exports from New Zealand and Australia «outweigh the decrease from South America, and the net balance is . an' increase of--148,623 quarters. Considering the low value fif chilled beef, the quotations for frozen have been weJI maintained, but latterly sales have been very hard to make. Values show a 1 slight decline on those riding a month ago, and probably further reductions would 'have to b:» made to induce a. freer sale. New Zealand and Argentine hinds \ire ; quoted at 3Jd to 31d per'lb andi fores at 2Ad to 23d per lb. .Australian "heef does not make more- than the lower of these figures. The Venezuelan beef arrived in excellent but is realising much lower.prices than Australian.,