COMMERCIAL.

Otago Daily Times, Issue 15827, 28 July 1913, Page 4

COMMERCIAL.

Daily Times Office, Saturday morning. As already notified by Iclcgrnpli the Colonial Sugar Company ?ias reduced the price of sugar by 10s per ton. The quotation, ex store, Dunedin, is now £18 per ton for half-ton lots and over and for less quantities £18 ss. Factory cheese has firmod considerably in price during the last few days, and. the market continues firm. The wholesale quotation is equal to 6id per lb net for new make. Clothes pegs are again showing an increased 'cost. Owing to n large. Canadian factory being burnt orders arc being executed from America, and those havo tft bear the, extra preferential duty. Prices

now rule at 5s to 5s 3d per box. Further shipments are expected to arrivo in about six weeks' time. A consignment of Solazzi liquorice has oome to hand by the "Orari. This commodity has been in short supply for some time. Parcels of Bird's custard and egg" powders, Cross and Blackwell's lucca oil, and Price's candles aro also in the' Oran. Cable advice has boon received from San Francisco stating that thero lias been a slight increase there in the price- of prunos. Cable information from Calcutta states that the preliminary forecast of the jute crop discloses ~an Increase in the area of the crop of b\ per cent, over that of last year. The cablegram aleo reports that continued ivet weather has had a bad result on the crop and that the yield may possibly bo affected. Advice by letter says that although the area will be larger the crop will bo later. So far as November shipments of corn sacks aro concerned it is considered that the bulk of the crop will come to hand too late to affect the price of these shipments. As the November boat will be the only opportunity of getting ■direct freight here it therefore looks as if merchants will have to pay the present high prices, or possibly,higher.