COMMERCIAL.

Otago Daily Times, Issue 15808, 5 July 1913, Page 8

COMMERCIAL.

Daily Tirnos Office, Friday evening. The Home wheat market is reported as bciiig" neglccted. The shipments to tho United Kingdom and the Continent are keeping up well, tho Atlantic continuing heavy. Tho grand total shipped from all countries to Europe since the beginning of August, 1912, is now 56,295,000 quarters, against 52,995,000 quarters for tho corresponding portion of the 1911-12 season, and 69,260,000 quarters for the corresponding period of 1910-11. Current shipments . from exporting countries to Europe appear to be fully sufficient for consuming requirements pending harvest. In Sydney wheat is quoted at 3s 6]d to 3s 7|d (last week 3s 6|d to 3s 7-id); Melbourne, 3s 8d (3s 8d to 3s 8sd); Adelaide, 3b 8d to 3s 85c! (unchanged). The local wheat market is quite neglected. Millers evidently intend to use up their stocks before operating further, and only an occasional lino finds a purchaser— a particular lot that a miller may require for blending purposes. , Values are unaltered : Velvet 4s 2d, Tuscan or Marshall's white 3s 8d (ox rail here). The tariff of the Flourmillors' Aesoclation for flour and on other lines is as follows: Flour-Sacks, £9 per ton; 1001b bags, £9 15s; 501b bigs, £10; 251b bags, £10 ss.' Bran, £4 15s per ton. Pollard, £6. Oatmeal, £14 10s. Pearl barley, £17 10s.

The local oats market continues in. a stagnant condition. There is no outside demand. Auckland is still keeping off tho market, presumably securing supplies per medium of consignment parcels from Oamaru and the Bluff. A Gartons are worth 2s 6d to 2s f.0.b., s.i., and B's 2s 5d to 2s sjd. Information from Southland states that tho quantity of grain carried • over the Southland railways for the week ending Saturday, Juno 28, was lea than a third of that railed during , the corresponding week last year. "The large deficiency," says the writer, "shows that a large number of farmers have abandoned grain-gl'OW-ing in favour of sheep-farming and dairying. A glance 'at the amount of laud adjacent to the railway lines, which a few years ago carried crops of oats, but isj now exclusively used for cattlo and sheepraising, shows this to bo correct. In 1911, up till the end of June, the grain returns .were 683,877 sacks; in 1912 they decreased to 554,945, while for the present year they reach only 311,964." Auckland advises that stocks of oats there are much too heavy, and that in consequence the market is very depressed. The consignments per Wanaka were being offered, at low rates, but even then rales were difficult to complete. The shipments to Auckland for tho month of Juno totalled 28,459 Eacks. PRODUCE REPORT. Consignments of chalf are in excess of the demand, and-salc6 aro somewhat difhcult to effect at kte rates. Only prime samples arc inquired for. The potato market remains weak/ and there is no outside demand. Most of the consignments arriving on the iliurkei are not too well graded, and these are very hard to quit. Auckland advices state that buyers there have reduced their limits to 80s, fo.b., s.i., while sellers are asking up to 90s. During the month of June 19,500 sacks of potatoes were brought into Auckland.

Better supplies of eggs are now coming forward. frices remain practically unchanged from last week. Onions are in over supply, and the market has eased.

Rolls and sides of bacon showed a slight drop ill price. . Current wholesale priccs aro as follow Chalf. —Prime heavy oaten 6heaf, £4 5s to £4 7s 6d; medium to good, £3 to £3 15s; inferior-, £2 aud upwards. . Straw Oaten, to £2 ss; wheaten, £2.

Potatoes.—l'rimo Oamaru, £4 to £4 ss; medium; £3 to £3 10a per toil (bags ill). Hay, £3 10s. Onions.—Prime Canterbury, £8; Victorians, £9. ( Eggs.—Fresh, Is sd; stomped, Is 5d to Is 6d.

Butter.—Dairy, lOd to lOjd per lb; milled, lOd per lb; separator, in lib pat 6, nd.; Pigs.—Baconers, 6Jd per lb; porkers, 6Jd. Baoon.—Rolls (in quantities), 10£ d; side 6, hams (under 201b), 16 per lb. FRUIT REPORT. - Tho fruit market has been rathor dull during the week, A fairly large, shipment of citrus fruit was landed last Monday from Sydney. The maaidarins, however, arrived in bad condition, the result, no doubt, of tho wet weather experienced in New Wales affecting the growing fruit. The few pineapples in the shipment camo to hand in good condition, as did also the passion fruit, and both lines realised full rates.

On Thursday some 1800 cases of E-aro-tongan fruit were landed hefe, the bulk of the shipment being oranges. These sold at 8s 6d to 9e per case. Une email consignment of oranges was condemned by the fruit inspector. There was only a small lot of bananas in this shipment, these bringing from 12s to 13s per case. Poorraan oranges are now arriving from Auckland..' Reports are to the effect that the crops are 6hort, and consequently priccs should rule firm. A few cases came to hand on Monday and fetched 10a 6d to lis per case. \ Advice from Sydney states that values for Sevilles are likely to rule high, as the crops are not heavy, and jam-makers are freely operating on the market. Consignments of Nelson apples are coming to nand regularly twice a week. Supplies of Canterbury-grown have, however, fallen off, numbers of the growers having now disposed of the whole of their crops. Fairly large purchases have been made direct from tne Canterbury growers lor shipment to South America. 'j. lie Sydney boat, due to arrive hero on Sunday/brings a cargo of oranges, mandarins, pineapples, and passion truit. The total shipment is expected to be about 400 cases.

The following are the current wholesale prices: — Oranges.—Rarotongaii, 9s 6d to lis; as landed, 8s 6d to 9s. Bananas-llipe, 3d;'green, 12s to 14s. Apples.—Canterbury cookers, 65 6d to 8s per 401b case; extra' choico dessert, Otago Central, 2jd to 3Jd; Nelson cookers, 65 6d to 7s 6d; dessert, 6s 6d to 9s 6d; very few coloured dessert offering. Hobart Scarlet Teannains, 12s 6d per caas of 401b, Toma toes.—Finish ed. l'ears—Alexandra and Roxburgh grown, Winter Cole and Nelis, 3d to 4d per lb. Canterbury choice, to 10s; medium, 65 to 8s per bushel case. Mandarins.—Arrived in bad order; ranged from Is 6d to 13s.

Lemons.—Mildura and Adelaide, lie 6d to 12s—slow sale,

Grapes.—Practically finished. Passion fruit, 12s to 13s per box. Pineapples.—Scarce, 10s to 12s 6d. Vegetable marrows ard 'wanted; very few offering. Honey.—New season's, in 101b tins, 3s 9d to 4s per tin; bulk, to 4d; |lb packets, 3s per dozen. Vegetables.—Cabbage, up to 2s 4d per dozen for large drumheads and Savoys; other sorts, 4d to Is 3d per dozen; sacks, 6d to 3s. Lettuce, 8d to Is per case. Cauliflowers, -Is to 2s 3d for small per dozen; choice, 3s to 6s; extra 6d, 1 able carrots, 6d per dozen bunches; from 3s to 3s 6d per cental bag; turnips, ,4d to 6d per dozen bunches; from 3s to 3s 6d per cental bag; swedes, 2s 3d to 2s 6d per sack, 4s 9d cental bag. Parsnips, 6d per dozen bunches, 2s 6d to 3s 6d per bag. Celery, 4d to 9d per bundle. Artichokes, Id per lb. Brussels sprouts, Is to 2s per box of 61b.