COMMERCIAL.

Otago Daily Times, Issue 13653, 24 July 1906, Page 4

COMMERCIAL.

Daily Times Office, Monday evening "ho amount of revenue collected at the Hunedin Cu&l >m Hoiifo to-dnv on jroods cleared for consumption was £626 Os 6d. COMMERCIAL CABLEGRAMS. LONDON, July 22. Frozen meat: Canterbury lambs—Light, sd; medium, 4Jd; heavy, j-jd; Southland and North Island, <ljd. No business in rabbits. Hemp: Rather irregular. April and Juno f.M 15s. Copra: Very firm. £20 15s is asked for a South Sea steamer shipment. Wheat: Shipments arc quoted at 30s 7M and 31s lid. Silver, 30 .>10:1 ])er ounce. Copper: .Spot, £B0 6s; three months, £79 17b Gd. Tin: Spot, £107 15s; three months, £167. Load, £1G 12s Cd. Hides: Neglected. Heavy dry salted Sydney, 7jjd. Leather is'a farthing dearer. Wellington firsts, 12Jd; basils, Jd dearer: first Wellingtons, 19Jd. TIIE IIIGH COMMISSIONER'S REPORT. WELLINGTON, July 23. The Department o[ Industries and Commerce has received the following cable from the High Commissioner, dated London, July 21The mutton market is quiet, with no alteration in prices to report. The lamb market is steady, ahd shipmotits at present arriving aro heavy. Stocks arc distributed among agents, who are mushing sales, and large business lias been done. Average price: Canterbury brands. sd; other lamb than Canterbury is quoted at 4Jd. The beef market is depressed. Average pTice Tilling, 3}d and 2}d for hind niid iorequartcrs respectively. Tho butter market is strong, and stocks are advancing. Price prospects for next season tiro chrouraging. Clioicest New Zealand brand is selling at 107s. The stock is lower and small. Danish is quoted at ]15s, Canadian- lit 105s per cwt. The cheese market is steady. The New Zealand supply is practically exhausted. Whiia chcese is quoted at G4s and coloured at 60s per cwt. Canadian makes aro selling at 58s per cwt. Tho hemp market is firm, owing to speculative demand. There have been some heavy transaction. Price, to-day, £35 per ton., g.f.a.q., "Wellington grade. The cocksfoot seed market is quiet. It is reported that an American crop is ixpecled, and good buyers are consequently 'keen to do business. Average price bright, clean New Zealand seed. ]7ib bushel, 4Gs per cwt. I'hc wool market is irregular, but it closed firm. Estimated value oi different classes: Fine crossbrcds, all grades, Is 2d to Is id per lb; medium crossbreds. all grades, Is to Is 2d per lb; coarse crossbreds, nil grades, lllJ.il to Is lid per lb; superior merino. Is Id lo Is lid ]:er lb; medium merino, lid to Is Id per lb; inferior merino, Sd to 10.U1 per Il>. There, is general active demnml, and trade is good." —it>WOOL SOLD IN TJIK COLONIESYEAR loots. The following figure:--, supplied by Messrs Dalgety and .Co. show the quantity of wool sold in Australasia by the various branches of the firms mentioned for the year ended 30th June, 190G:Bales. Dalgefy and Company (Limited) .. 2C!),0l8 N.Z.L. & M.A. Company (Limited) .. 159,Gi11) Goldsbrougli, Mort, mid Co. 'Limited) 130.099 Wincbcombe, Carson, and Co. (Ltd.) 86,725 Harrison. Jones, mid Devlin (Ltd.) 75,0,"2 Bridge, John, and Co. (Limited) .. 69,2GG FARMERS' DAIRY UNION. (Per 'US't'tKD Press Association.) WELLINGTON, July 23. The annual report oi tho New Zealand Farmers' Dairy Union shows that new shares were taken up simo the beginning of tho yeft'* to the number ot ISO, representing £1200 of new capital being subscribed. Tho result of the year's working is that a larger amount is available for distribution than m any previous year of the company's existence, and this not withstanding that larger advances were paid out each month than last year. This has been brought about chiefly by the better price prevailing both at Home and locally, but also very largely by considerable reductions in tho working expenses. Tho directors recommend that the surplus be divided among those suppliers v.'.io hold the right proportion of shares according to the quantity of butter-fat supplied at. the rate of ?d per lb on the total (or tiie year. The directors, seeing that the high prices rit'ing in London were inducing most other companies to continue shipmng much later in tho year, wisely refrained from following the same policy, and stored a much larger quantity of butter in New Zealand than is their usual practice. The result is tlif.t. owing to the very few companies holding stocks, the ttnion now has the satisfaction o[ selling nearly 100 tons at a price equal to 123s in London. Suppliers to tho Dairy Union will thus reap a considerable benefit by this fortunate circumstance. The quantity of butter manufactured during the year was 851 tons. Tho balance sheet shows a surplus of fItMG. The advances to suppliers tor the voir have bven:—August. September, October, May, and June. 0d; and for intervening months BJd. It has been resolved to pay 10' d for July and August. "GRAIN AND PRODUCE REPORTS. Messrs Daleetv and Co. (Ltd.) report as fol-lows:-—We held om il-ual weekly sale or grain and produce at our stores on Monday, when w» submitted a ie dimu-sized catalogue consisting of oats, wheat, lurley, potatoes, and chaff to the usual attendance ol buyers and others inteiestcd in 'lie trade. Competition for most of tho I'i'vs on offer was gocd, and auv lines passed in were quitted private'.} - at quotations. Oats.—The market remains in much tho sanw state as at out last report. Shipping is slack, and is chiefly ecnlined to smui. coastal orders. Apart frout sales of small lines for local consumption there is little business passing, and values remain unchanged. Quotations: Prime milling. 2s 3VI io 2s 4d: go;xl to best feed, 2s 2d to 2* 3d; inferior. 2s to 2s Id per bushel (sacks extraV Wheat.—There is little business passing. Millers do not seem inclined to ooerate in any lr.it choicest linos of Central wheat (Tuscan preferred). Medium nnd inferior wheat is. offering freely, but holders are not willing to accept present values. Fowl wheat has good inquiry, ami is readily quitted at tots rates,

Quotations: Prime liiillina, 3a 5d to 3s C-J; do Tiwcan. to :i» 7<l; medium milling :ts S<l t" 3a Id; licrt whole low! wheat. Its id to ,1s 2d; broken and damaged, '2a !ld to ;is per bushel (sacks extra).

Potatoes.—The market is firm at late quotatii.ns. Choice table sort? mret- with s ooil inquiry, and are readily quilted. Prime ?e r d lines of British Queens and I'p-io-Datcs liavo more attention from bnvers. Quotations: Se»d lots, I'll, to Cl-2; extra elioiee (pickd). i'l'i; prime Denvc-nts, £10 to ill; medium do, .CS li &) UU per ten (bags in).

C'iitiff.-Tho market is well supplied, especially with medium and inferior quality. l{3ii'".ly priii'-i elialf is readily saleable on arrival, whilst othtv descriptions are much harder to quit at quotations. Quotations: Prima oaten sheaf. £.) \r„ io c.|. ox{r ., c ), 0 i,. 0 , £'■1 ss; medium. V, -7s lid to £.'! ]i!s (i.l: discoloured and light. £! to £H 5s per ton (bass extra).

Turnips—The market is fairly well supplied. .Swedes are bringing from 19s to 25s per ton (loose, ex truck).

Straw.—There is a fair inquiry for wheaton, which we quote at from .'!os to .'!2s C-d per ion (pie-sod, ex truck). Oaten straw is scarce, and finds a rc.nlv sale at from £2 5s to £2 7s C/.1 per ton (prcijod).

Messrs Donald Keid and G>. (Ltd.) report: We hold our weekly stic I ton silo of nr«hi and prndnce at our stores on Mondav, when there was again a full attendance of'local buyers. Our catalogue, which comprised ite;n\y all the lines in demand locally, was well competed for. and in moat cases bidding readied cmvaluations or owners' reserves. Values ruled as under: — Oats.--With the exception of seed lines, for which a few inquiries ere being made. Hi.' demand for all classes is unchanged. Shippers are yennm on'v small oulers, and these are lWng fillcJ o" the bisis ot '.ale quotations. QnoMfions: Prime nii!!in„. 2s VA b* !>« Id: good to fesl ff.jd 2? 2.'.d 'to 2s 3:1; in'erir.r to medium. 2s: to 2s 2d per bi;?bel (fV-U exliel.

Wheat.--For ail wheat of ivime quality tho market is n fhede firmer, -'t'cmh pri"'s e-e

practically unehangrd. Mei]'''.;m niialilv is not in IVnur but fo-vl wheif conttnuea 'o move off Tn-nllv end in small lot, for «hipm»nf. at '■'(" '-at''. Outitatio'is: Pr'nie lnMlinw, as ad to Hs Cd: t-lW'i-r TiKcm. 3s 7d to Hs Si: medium. 1s "il fo Is .P.d: i.-I,nli> fowl ;vh»!i.t li Id to Is W; b'oltfiu and tlautigetl, 2s M Io ?,« oer Vmsliel ff»ack« ev(r^\.

Pn^toe s — Pri'-,'" oApd lin n s are in ninsf ( le_ n'anil at n-!""? fpllv eqim 1 |.n ev fimrvrha-i in a'lvarce et l n< e values. in nri""i I"' 1 '" Ttoif.'oiTt' - v.'hieh >i« vnt ctf<- : "C hf'.v. Vr,y mrv , e,nli!in, r hr, c 0 (I „,n ~.;)% » w i 1;„», ;,, ,1...1,if„i ro «rliMo" n-n rlifilrn" <e r.'aee. Oiiof^i n - B: -c"d en 10= M fi» 10s: MieVe t.i en : "irl,, .fin liW !n Pit 10s; (n oro-'l. e-i :.* to 'in m»: m $ hriW. ?7 Io *0 r".nfr_.U, , nrr l-nl li»« bn-ii ,rnre fullv «i'H--iH. i-r1 n''.hnil»l, me/lMirn t-. jree.l oi^'iC.= l.„vo „,(Te—l dip'-'N- „,!»« fe, !»,„ p.:„lv' r,W c1,(1.r tittle ve-in*i--n. Tnferln- |.i,l I-.'. ',0.- n ., n ;..^„; r ,- n..rf,t:r,nr. T!» c l eo'r.ll f, r, P,l »e ei t „1.„:„„ l„i. ei n„ n,l <o /M ,-«■ '- ea <„ "" '-»: li.<t,l f ..-i ;..v n v r et •« e? ,i nv . en in- '* tn ir,» ™. r v-. n^, ?c „.(i-«i Ti.-iMW —""llecn ' we' c.TItrWP.. belJ„r ,1". 1..,.t1 n„,l r„,. r -,l „f „ r -,l C..-„. 1.- f „M „t 10a U 01- w <en Cm?n rv oi-„ r _-R-:M,i ~-'.,.. ;„ '.;.. .1,.,,,,.- -' e* .■=• t- M"- e.i ifi.„,t„., ;, f„:_- v n ],,„i! fu' at ,10s to 32» fi'l per ten (pre«edl.

Tito Loral A^ntit (Mc.="rp Reeve* fuirt Co., Vopjcl streets for the National Exolopjvpp Company, London, liavo n sliimncnt cf Gelignite, Detonators, nncl Fuse to hnwl. find ran give special quotations to mine-owners, contractors, and the trade...