COMMERCIAL.

Otago Daily Times, Issue 15300, 14 November 1911, Page 4

COMMERCIAL.

WHEAT AND FLOUR'SUPPLIES.

Prow Associatioß-By Teleptvph-Copyrigbt

LONDON*. Novomber 12. The total quantity of wheat and flour afloat for tho United Kingdom is 2,950,000 quarters, and for tho Continent 1,355,000 quarters. Tho Atlantic shipments aro 218,000 quarters, and tho Pacific 41,000 quarters. The totals aro:—Europe. 1,315,000 quai tare; Argentina, 56,000 quarters; Russia, 290,000 quarters; Danilbian .provinces, 260,000 quarters; India, 114.000 quirtcrs; Australasia, 100,000 quarters.

\ LONDON MARKETS.

Praw Auoctitloo— Br Telegraph—Copjrlgbt . LONDON, Novomber 12. Copper: .Spot, £56 15s; thrco months, £57 10*; eloctrdlytio, £58 10s. Tin: , Spot, £191; three months, £185

Lead: Tbo imports were 14,337 tons, ami the exports 6022 tons Galvanised iron: First brands, £13 17s 6d; second, £13 7s 6cf.

fin platee: Coke, 13s 3d; charcoal, 14s 6d.

Tram rnile,£s.

Wire netting. 62} per cent, off tho list. Copra: Dull. South baffo, £25. Hemp: Dull and'unchanged. Jute: November and 1 December shipment, £20 10s • Cotton: November and December, 4.97 d Rubber. 4s 4£d per lb. Basils: Fin* New Zcalßnd. 18Jd. Nothing doing in hides and leather.

THE HIGH CdMMISSIONER'S CABLE.

GRAM. (Per United Pbeu Assooution.) WELLINGTON, November 13. The High Commissioner cabled, under date November 11 (quotations, unless otherwise specified, tre average market prices on tho 6pot) :— Mutton.—Market quiet, but with a firm demand, chiefly for heavy-wcißhts. Canterbury, 4|d; Nortli Island, 3Jd. Lamb.—Tho market is dull, with scarcely any dcmauO. . Quotations show a weaker tendoucy, and prices are nominally unehnnucd—vi«., Canterbury. sd; othor than Canterbury, 4 j<?. Beef.—The market continues <lull. Trade in frozen beef is mfuced to a minimum, and ((notations arc nominal. New Zealand himls, 3}d; fores, 2Jd. Butter.—The market has recovered, with a better demand. Butter, ex s.e. Ruapehu. arrived in good condition, is of very fine quality, ami sold very freely at 130b. Danish is quote*! at 1355; Siberian, 120b; Australian, 127 a; Argentine (new season's), 1245.

Chcose.-Tlie mcrket is quiet but firm, nnd 1 the demand is (fcttinif better. Canadian, cvgrthmhuk& to 71s, accordinit to quality. Hemp.—Market quiet, but modcrato business doing, with a hotter deipaml for forward shipment. New Zealand good fair on spot, £19 15s per ton; fair grade, 18 Uμ per ton; fair current Manila, £19 16s; forward shipment Now Zealand good fair, £20; fair gade, £19; fair current Manila, £20 5s The output from Manila for tho week wee 20.000 bales.

Uocksfoot Seed.—Market firm, with a burdening tendency. Wheat.—The market is very quiet, and nothing doing. Now Zealand long birries, ex granary, per quarter of 4S6lb, 3!is 6d; short berries. Ms (new crop). Oata.—Market firm owing to reduced eupplies. New Zealand 1 short sparrowbills, ot granary, per quarter of 3841b, 22s 6d; per quarter of 3201b, 19s. Deans.—The market remains firm, only a small quantity on hand. Now Zealand, f.a.q. (new crop), per sWlb, 35s M. Peas.—Market steady, but no demand. New Zealand peas (partridge), per 5041b. 39s 6d. Business has boon dono with the new crop, March to April, 38s M. Wool.—Market steady, and prices well maintsinod. Current quotations for Bredford tops, 36'k. low cros6brcds, Is- Ojd; 4ti\ low crossbred?, Is Id; 44's, medium crasbreds, Iβ Ud; 50's. hnlfbmk h b>l ; 56's, quarterbreds, Is 7id; 60'e. merinos, a* id.

Pork.—Market quiet, with small business doini!. Current quotation, 4J<I.

AUCKLAND WOOL SALES.

(Pes Okitid Press Association! AUCKL/VND. November 13. Tho first Auckland wool sale of tho sinv son opens on November 22. when it is oxpcetod that from 6000 to 7000 bales will bo offered. Thcro will l« no increnao in tho total quantity of wool sold in Auckland tins season, at tho flocks havo been decreased by 88,000 eboep.

011A1N AND PRODUCE SALES. M«6rs Donald Kcid and Co. report:— Wo held our weekly auction sale of grain and produce at our (tores on Monday, when yalint ruled as under ;-Oata; There is fair inquiry from shippers for priuio Gartons unit s|Mrn»vbill". end lines in store art) moving off at Into Medium and inferior linn nro in moderate demand locally, Prime milling, 3i; geod to best feed, 2s lid to 3s; interior to indium, 2a Sd to 2s lCkt |>c<r lwsliel (nacks extra). AMient: 'llio tone of tho murket is quiet, and only occasional sake of olioico qualities are being made. Medium milling line* lind an outlet as fcvl feed, which is scare*) and in good demand. Prime milling velvet, & lid to 4sj Tuscan, etc., 3s lib to fo lOJd; medium, 3i 9d to 3s 9£d; beit wholo fowl wheat. 5s 8d lo 3s 9d; medium, 3s 5d to v>3 Td; broken an damaged, 2s 10d to 3s 4d per bushel (sicks extra). Pc/ itoos: Tho demand has slackened, and consignments are not readily dealt with. Only prjmo freshly-picked, lots are saJeablo to shippers. Medium quality is, therefore, offering at reduced priocn. Beat, £2 to £2 Es; indium to good, £t 15$ to Pi i7s 6d; inferior, £1 10» per ton (racks included). Clnff: The market ia woll (applied, end owing to difficulty in arranging shipment, buyers arc not operating freely. Voluee arc, thcroforo, son>cwhat easier. Best oateu thcal, £4 5e to £4 Vβ 6d; choice, to £4 10s; inedium to good, £3 15e to £4 2s 6d; Jiglit ami discoloured, £3 5e to £3 10s per ton (bags e;«trn).

M(«r* Ualircty and Co. report as follows:—Wo held our weekly auction sale on Monday, when prices ruled a$ under:— Uatt: Tho.ro is no change, to report, all tnrvHijnJneiiU coining to liar.J meet a ready tale. Prime milling, 3n; best fced.'&i lid to 3s; inferior to nvnliuic, ?? Td to U 9d j>er bushel (bngs extra). Wheat: Tho market nt tho niomnnt a quiot. There is practically nothing offering from the coun- , try, and millers are not keen buyers. Fowl feed i& acarco and meets with ready wlo. Primo velvet, 5j ltd to 4s; best velvet ecr and Tusfcan. 3s 9{d to 3s 10d; best whole fowl fed, 3s 3d, to 3s 9d; broken ami damagcil, 3a 3d to 3s 7d \kt bushel (liags extra). Potutoee! Owinir'to tlio shipping demand having ceased, prices have receded about 5s a ton, and the demand is vory restricted. Br*i Übb eorts, £9. to £2 ss; medium to g.iod.SCsloSTs 6d per ton (begs in). Chalf: Arrivals from the country havo Iwn exceedingly heavy, and t)io market line cosed aroordidgl.r. Prime oaten sheaf chuff ir saleable, but medium quality is without any inquiry. Choice, £4 7e 6dj pood, £4 to £4 ss: inferior nnd medium, £2 10s to £3 15* per tan (bogs extra).

PROPERTY SALES.

T}io Perpetual Trusiocj, Estate, and Agcnoy Company held an important land sale at its rooms yesterday of valuable city and suburban proportioß belonging to the estate of tho !«to 'Mrs Elizabeth Mntthows. The snlo attracted n, largo attendance o( (.peculator* And investors, and epirited competition took plaoo for both proncrtiec with the following result*:—The Moray place freehold property, having a frontage of JiOft l}in to Moray place by a depth of 60fl, was purchased for £l£6o by Messrs Burton and Patterson as ajionts. Tho Hawthorn Hill residenon and grounds ttartod at £1600. end after keen competition reached £2000, at wliioh price it wee held over until tho» interested could be consulted •Iβ to its disposal. A section in tho , township of Holyrood *old on recount of Mother vendor rcalisetl £36. .\fesßM Park, Reynolds (Ltd.) held a salo of «*tious a» Wurrington Extension No. 2 yesterday afternoon; Thoro was n verv fair attendance of tho buying public, ami bidding wm npiritni. Tho following wore thn prices rcaliwxl:—Block 1, wetion 7, £39, a client; section 8. £40, S. J. Findlay; block 11, section I. £35, Mr W. Anderson; wetion 6. £32 10s, a client, taction 7. £54. A Morrison; eections 15. 16. and 17 each at £60, A. S. Adams; section 18, £70, A. S. Adams; tcctkine 20 and 21. £37 10s each, Mr Dawxin; section 22, £40, a client; sectiort 23, £37. P. Allan.