COMMRECIAL.

Otago Daily Times, Issue 10241, 25 December 1894, Page 2

COMMRECIAL.

Daily Times Office, Monday evening.

. The amount of customs revenuo received to-day On froods cleared for consumption was £7i\Yis 3d.

i Messrs John M'Nairc «ud Co., reporting under date Glasgow, November S, state that new Danish butter has had a smart upward turn and higher prices are established, but thero is still a large quantity of stubble m all the large inai-kets, j which is offering at very moderate rates from 90s : to 100s. Colonial is now arriving; prices of choice I 106s, whilst line brings 100s to 102s. So far the shipments of colonial have not been by nny means large, aad consequently consignments have been cleared at fairly satisfactory prices, but with the prospect of liberal arrivals buyers cio not stock, and once a large quantity had arrived prices we think would weaken. Of cheese it is stated that the market is overstocked, and to clear lower Jjrices would have to be accspted. COMMERCIAL TELEGRAMS. London, December 23. The English wheat marketis lifeless, Continental inactive, and American declining. At tho sheepskin sales there was very little competition, and prices showed a strong downward tendency. Medium greasy crosabreus brought 5d and medium greasy merine3 sd. Batter has risen 2-j per cwt. A society haa been.formed, with branches in Jhe provinces, to prosecute the sale of margarine as butter. The salesmen are the chief promoters. GRAIN AND PRODUCE MARKETS. Messrs Donmld Reid and Co. report that prices ruled as under at their auction sale yesterday :— Oats.—Prime milling and best feed, Is 4Jd to Is Ed: medium to gocd feed, Is 4d to Is 4-Jd; inferior and musty, Is 3d to Is 3id per bushel (sacks extra). Wheat.—None offered. Potatoes.—Derwents, £1 103 to £1 15s per ton "chaff.-Best oaten sheaf, £2 10s to £-2 15s; medium, £% to £2 ss; inferior, £1103 to JBll7s 6d Jjsr ton (sacks extra).