COMMERCIAL.

Otago Daily Times, Issue 16238, 23 November 1914, Page 4

COMMERCIAL.

MERCHANDISE MARKET, ETC.

New season's sultanas are on board the Tongariro, which arrived on Saturday. The total importation to New Zealand is very small—the smallest, in fact, for many years. Of course, there will be no further shipments from Smyrna in the meantime, consequent on the closing of the ports following on the war with Turkey. The greater portion of the shipment ex Tongariro hag been sold to arrive—at reasonable prices. The quotation in London to-day, however, is 60s per cwt (c.i.f. and e.).

Only small lots of Carton eultanas are arriving, it having been found impossible to secure labour in Smyrna to pick the cartons. Larger shipments would have been made had sufficient labour been forthcoming.

The Tongariro has also' brought new season's currants, but no figs or dates. Other lineg on the same boat are Read's ales and stout, C. and B. calves' foot jelly, anchovy sauce, curry, a email shipment of Pratt's bird seeds, and of Barry's tricopherous (which has advanced 6d per dozen), Viseer's rennet, Morton's herrings of all kinds, vinegar, Epsom salts, Hennesey's and Deni Mounie's brandies, Belfast Rope Company's twine, Egyptian lentils, zig-zag cigarette papers, and a small shipment of ling fish.

The currants ex Tongariro were shipped from Patras to London, and then transhipped. It is not expected that the new season's figs can arrive till after Christmas, and so far as can be ascertained no dates will bo available this season.

Advice from England states that ladies' and men's light boots have advanced in prico from 5 to 10 per cent., and men's heavy Iwots, suitable for army work, from 25 to 50 per cent.

The quotations for sardines are now ruling considerably higher than has been the case for some timo. The increase refere particularly to Norwegian smoked sardines.

Rennet has also advanced in price. Thie article is mainly produced on the Continent, Germany being a large supplier.

Glucose is now quoted at £13 per ton, o.i.f. and e., December shipment. • This prico includes payment of war risk.

The local branch of one of the oil companies reports a reduction of £d per gallon in the prico of benzine.

To give some idea of tho increased charges which have to be borne by a lot of imported articles —for freight, insurance, war risk, duty, etc.—an illustration may bo given for a lino of throo tanks of Morton's herrings recently landed here. Tho total amount of the invoices, Homo cost, is £115 6s 4d, and the charges aggregate £101 7e Id—almost 100 per cent.!

There has been a sharp advance in the cost of sago, and also, though to a smaller extent, in the price of tapioca. For many years tho latter article has always been quoted at a slightly higher prico than sago, but to-day the position is reversed, as sago ie now 6d per cwt higher than tapioca. The new season's canned fruits aro arriving in odd lots, and merchants are being much inconvenienced by short deliveries.

Tho place of lysol, which ie a German manufacture, is being largely taken by pacolol, and Messrs Pearon's Antiseptic Company has secured the tender for a largo supply of this antiseptic to the British Admiralty. The company has showed its patriotism by donating a huge supply of pacolol to the different Red Cross societies in Belgium, France, and Russia.

Under the heading "Down with German Trade—a Timely Warning," the Tatler states that "during the present campaign against German export trade the public is liable to misjudge and injure several firms without true knowledge of the facts. Three cases are very much in point. . . . Again, it has been suggested that apollmaris waters, obtained from a unique spring in Germany, should be banned in England. It ie forgotten that these waters, although originating in Germany, arc owned by a British company, with a capital of some £3,000,000, and that any loss would fall on a large number of British shareholders." The Earl of Bessborough. C.V.0., C.8., is chairman of the Apollinuris and Johannis Company, which has its headquarters in London. &. LONDON MARKETS. Presa Association—Bv Tplcijriuih— Copyright. LONDON. November 20. Danish butter, 139s to 142s cwt. Silver, 22|d oz. Copper: Spot, £54 2s 6d to £54 7s 6d; three months, £54- 7s 6d to £54 10s; electrolytic, £56 to £56 10s. Tin: Spot, £136 to £136 10s; three months, £135 15s to £136 ss. Lead, £18 to £13 10s. Spelter, £25 2s 6d to £25 7s 6d. THE RABBIT MARKET. Pre« Awoci»tion—By Telegraph—Copyright. LONDON, November 21. (Received Nov. 22, at 5.5 p.m.) The rabbit market is firm and unchanged.

FROZEN MEAT MARKET. Pr«is Aifeociation- liv Telegraph -Copyright. LONDON, November 21. (Received Nov. 22, iii 5.5 p.m.) Tho following are tho latest quotations for all classes of meat, including ex-store Bhei'j). In thu case, of those not quoted Uiu prico is unchanged :— Xov. 11. Nuv. 21. d. d. Canterbury mutton, light — 4 iril(l Canterbury niul.tuu, meiliam ... — — Canterbury mutton, heavy ... ._ — — Southland mutton — — N. I. null ton. beat brands, 66-B<lb — i 13-10 N.I. mutton, ordinary, 68-641b .„ — — K.Z. ewes — — Australian mutton, light —- — Australian mutton, heuvy — — Australian ewes „ — — River Plate mutton, light, 40651b Si — Hiver l'liite mutton, heavy, 66-7Jlb 5i — iiiver Plate ewes '■> u-lG Canterbury lamb, light (i 11-10 tifi Canterbury lamb, necoml i|uality BJ 6 U-1S Canterbury lamb, medium Ug — Canterbury lamb, heovy G;J — North Island lamb, eeleotod ... — — North Island lamb, ordinary .„ — — Soutnlaud lainb, selected .„ ... — — Southland lamb, ordinary — — Australian lamb, best brar<l« ... — i;\ Australian lamb, fitir quality ... — — Australian lamb, inferior — — Elver .Plate lamb, first quality ... — — liiver Plate lamb, seoond quality — — New Zealand bee!, lores — — Ne« Zealand beel, hinda — — AustraJian beef, lores „ SJ — Australian bsel, binds ... .„ ._ — — U. Plate beef, chilled lore* ™ SI 55 H. IJUt«l J Ut« beef, entiled hind* ~. 6J Ojj B Plate beef, lrozen foree „. — — H. flat* beel, frozen hindi _ — — Uruguay frosen fores — — Uruguay frozen binds — — Uruguay chilled fores Si * Uruguay chilled hinds 6J * South American mutton, light ... — — South American mutton, heavy ... — — *None offering. . Other meats arcs unchanged. SOUTHLAND MARKETS. (Fkom Oαa Own Cobbesponubnt.) INVERCARUILL, November 21. Tho oat market is very linn at 6s, f.0.b., s.i., Bluil, for A gra*le Gartous. This represents about 2s bd on truciss, net, to farmers, alter deduction of brokerage and storage enarges. Purchases lrSwc bei.-n made- ou this basis during tne last Hay or two. 'liiere iiavo been a good many oats at 3s, i.0.b., witnout attracting buyers, but tho position in this market is very strong, as stocks are hgnt, and it certainly looks as if they would all be required beloro tho new vrop js garnered. The chart' market is hrrn, but tho business that is bemg done is solely lur local requirements. JJicrehants are open to buy on the basis of £!3 lbs on truck, cet, to farmers, lor prime quality. The potato market is lairiy firm, present value being about £3 ISs on trucks, at country sidings, net, to farmers. This, oi course, is only lor picked-over lines.

There has been ;i good retail demand for ryegrass, but there is very lit Ho dciiiig in a retail way, as most ot such orders are being supplied out of seed lmpcrted irom England, which is costing less than the localiy grown article. 'lliero is also a fair demand for machine-dressed Italian ryegrass, but this at present is very scarce, especially for well marked samples. There is nothing whatever doing in hemp, there being no export so far worth epeaKmg about, and it appears as if there is very little prospect of improvement until the end or the war. There arc only some half dozen mills working in Southland, tmd all these- mado contracte early last winter, chiefly to manufacturers ot binder twine in New Zealand.

Business in stock still continues fairly good, in all classes, but the quantity ottering is very limited, purchasing lor ireezmg having practically ceaseu, so fa; - us sheep are concerned. The weather has improved considerably during tho past few days, and a good number ol graziers have been inquiring tor store ehei'p, w vth the result that pnees have gone higher.

It certainly looks as n we are in for a good seasia for iarmers, one of the best {southland has seen. r lhe crops are not ao good as was anticipated, but there will be a fair quantity, and prices for cereals will bo high. The quantity of grass set aside for seed is not. nearly so large as usual in consequence of the quantity required for stock, but still, a fair quantity should find its way on to the market.

Fut lambs are going to rule high, but at tho time of writing it looks as if the bigger stuff would be preferred —wethers, fat ewes, and bullocks rather than lambs and small cattle.

At Walkcetwn sale on Thursday thero was a largo yarding of all classes—the biggest of store cattle ever seen there — 10U0 head. The sale opened quietly, but livened up when the graziers took a hand, and a satisfactory range of prices was maintained, the whole entry being disposed of at high rates. Fat cattle showed a slight drop, but for fat sheep the sale was one of the best Wallacetown has seen, every pen of these being cleared at full rates. Prices were as follow: —Fat cattle—Ox beef, 38s to 395; heifer beef, 35s to 365; cow beef, 32s to 34a. Fat sheep— Butchers' wethers, prime and heavy, 33s to 345; prime, 30s to 31s; medium and light, 28s to 295; extra heavy ewes, 20s to 235. There were very few of this class offering. Store Cattle.—Three-year-old cattle, in good condition and well bred, £8 to £9 10s; medium, £7 to £7 15s; two and a half year olds, £6 10s to £6 15s; two year olds, £5 10s to £5 17s 6d; 18 months, £3 15s to £4 ss; yearlings, £3 to £3 ss; calves, £1 10s to £2. Store sheep—The volume of business passing io very mall, most holders wishing to carry them over shearing. Mixed sexes, hoggets, 19s to 20s; owe hoggets, 21s to 225; wether hoggets, 17s to 18s; two-tooth wethers, 21s 6d to 225; four and six-tooths, 23s to 245; mixed ages, ewes, 14s to 15s, all counted: aged ewes, fresh sort, 12s to 133, all counted; older, 10s to 11s. OAMARU MARKETS. (Fnou Obh own V'.iii&EsroNDiurr.) OAMARU, November 21. The intervention ol toe agricultural enow has interrupted the course ot business during tne wueK, but, so lar as grain ie concerned, tne paucity of supplies limits tne possibilities oi business. Under conditions tliere is a good demand foL wheat, but t-tocks here are nearing complete exhaustion, and the only eale reported during the. week was one oi a small lino ol velvet at 5s lid net ut a country station. Oats are also in request, but wnile a fair quantity is held m the district in small lines lurineis are not ready to sell until better satisfied in respect to iiext season's crop. At present tne position is doubt! ul owing to the want of moisture, for, though relreshmg showers have tallen, no permanent good has been secured. Ji&ch successive rain lias been lollowed by a strong drying wind, leaving the position no better assured. Some business has, however, been done at prices marking an advance in values. Several lines oi A grade Gartons have changed hands at country stations at 2s 6d net, but tor the most part these have been of modest dimensions. One transaction of note, however, is reported, consisting of 800 sacks of Gartons, including a proportion of B's with the A grade, and for this 2s 6d net all over was given at a country station. A line of ii bout 2.00 sac.« of Algerians was taken at a country etation at 2s 3d net. Some business has been done in malting barley in small lots at 3s 6d and 3s 7d net at country stations Just a little more life has been experienced in the stock market, but the aggregate of business has not been of an imposng description. The ordinary market sale, now held at irregular intervals .'iisteiui of weekly, was held this week with a modest yarding. The penning of sheep consisted almost wholly of tats, for whicli good pricee were obtained A few pens of wethers in the wool brought from 2t>s up to 28s 9d, according to quality mid size. Ewes in the wool sold at from 22s to 25s 6d, and shorn ewes at from 14s 9d to 18s 6d. Hoggets in the wool brought 26i 6d, and fat lambs realised from 16s 2d to 20s Id.

At. the sale of show fat stock yesterday wethers in the wool sold at from 31s 6d up to 34s 3d, and shorn wethers from 24s 6d to 32s 6d, while shorn ewea brought from 28s to 325. Lambs ranged from 15s to 225.

Most of the business done in sheep by private treaty has been under arrangement lor February delivery, and under that condition a line of four-tooth wethers was taken for 17s, while some few thousands of lambs off the tussock were placed at 13s for mixed sexes and 12s for ewe<s. Outside of this forward delivery business, a sale of failing-mouth ewes, with lambs, was made at 12.s 6d. ;ind counted and shorn hoggets changed, hands at 14s 6d. There bag not been much business passing in cuttle. At the market sales the yarding consisted almost wholly of fat animals and dairy cows. The fats were mainly cows, and the best of thct.e realised up to £11 15s, medium ond lightweights commanding corresponding prices. The dairy cows included nothing of note, and the pick of them were sold at £9 and £9 2s 6d, while the rest sold at from £7 17s 6d downwards. A few store cattb have changed hands by private negotiations. Two-and-a-half-year-old steers, in forward condition, wore placed nt £8 ss, and a. line of yearling steers and heifers realised £2 11s 6d.

DUNKDIX HOUSE RALKYAHDS. Messrs Wrigin., HtepiieiiKon, and Co. reyort u.s follows: There was a fairly good entry fur Saturday's sale, and the liorses forward, especially tho draughts, worn of better i|ini!ily and of better size tlian Uiose that luive been comi into the. yard lately. The principal entry wae ;v consignment <>( dniughLs from Mr A. Arthur, Hyde The.-e horsis attracted ;i good deal of attention, as they were well-bred animals, with size and weight; ooiiwsqiiontly each lot as offered ■.'.■ as keenly competed for, and found new owners at eat.isfn<:tory prices. Tho demand fo." the right class of horse is still good '" '.his centre, and we iind no difficulty in placing big , weighty mares and geldings at full uiitrkct rates. Theie is also n demand for spring-carters and harness horees, and we sold quite a number of these on Saturday at good jirices. Some of the actual sales made were: Bay gelding, live years, £36 10s; bay geldiDg, five years, £32; bay tfoiding, four years £28; bay gelding, six years, £25; bay nmre, lour years, £22 10s; baV gelding, ajjod, £17 10s; heavy draught geldings, £45 to £50; extra good, to £55; medium draught mares and geldings, £32 to £38; aged do, £15 to £20; spring-carters. £18 to £25; light harness horses, good sorts, up to £20; medium. £8 to £12 ; hades, £5 to £7; weedy, £2 to £4. OTAGO FARMERS' HORSE BAZAAR. The Otago Farmers' Co-operative Association of Now Zealand (Ltd.) report:—We held our weekly sale on Saturday, when we offered to tho usual attendance of farmers, town carriers, traders, etc., an entry of 28 horses of all classes. With the exception of five draughts, tho entry was comprised of spring-carters and light horses. Buyers wero inclined to wait for our annual show sale, which ks to be held on Friday, the 27th insfc., and in consequence of this bidding was somewhat slow. However, we managed to quit tho bulk of the entry at satisfactory prices. THE CENTRAL PRODUCE MART. Reilly, Gill, and Co., proprietors, report: During the week consignments of strawbiii'i'ics, coining on to tiio market, arrived rather green, and low prioes .had to bo uccepteu. Bananas reached us in perfect condition. Our next shipment of Suva's is duo to arrive on December 14; so far we have sold 1670 cases to arrive, from lie 9d to 13s per case. Canadian apples: Wo are landing 400 choice Jonathans and 100 cases of Winter Nelie pears on Monday Karotonga bananas should arrive on Monday, the 30th, also 'Frisco oranges, apples, and Messina lemons. Gooseberries has met a splendid demand. New potatoes realieed Local tomatoes, Is 10d. Old potatoes, we cleared in all about 500 bags, from £4 to £5 per ton. Heavy consignments of poultry came forward, especially white Leghorn chickens; ■ cockerels, one to two-Hionths-old, realising 3d to 6d each. In all we had about 1000 birds forward, and prices were easier all round. Eggs are still coming forward freely, and prices aro hard to maintain. Stamped and guaranteed selling from Is to Is Oid, and ordinary case eggs lid to per dozen. Grapes: Tho first of the season realised 4s per lb. The following prices were seoured for our consignors:—Apples, Jonathans 15s 6d. Flowers —Roses 3d, sweet peas 3d per dozen. Cherries: 7£d, Bd, 9id, Is Oid, Is 2d for choice. Strawberries: First, Bd, B£d, 9d, 9£d, 10|d, lid, Is, Is Ojd. Asparagus, Is 6d, ss, os 6d, Tβ; seconds, 4s. Cucumbers: Locals, 7s 6d to 9s per dozen. Lettuce, 6d, 9d per dozen. Tomatoes: Christchurch, Is 8d; locals, Is 10d Is lid per lb. Green gooseberries: Locals, 3d; others, 2d, 2£d. Green peas, 2jj.d, 3d, 3id, 3jd. New potatoes: 2d for Auckland*; Peninsulas, 3£d. Cabbage, 2s 6d to 4s 9d per sack. Rhubarb, 2d. Cauliflowers: Prime, 4s 6d to 6s 6d per dozen. Bananas: Suva, 11s to 12a 6d. Adelaide oranges, 17s 6d. Butter: Farmers' pats, 8d; eeparator, 8d to Iβ; bulk, 7d to Honey: 4s 6d for sections. Pate, 2s 6d per dozen for jib pats; 4s, 4s 6d for lib pats; 51b tins, 2s; 101b tins, is 9d, 4s; 561b tins, 3£d. Cheese: Factory, 6jd to 7d per lb; old cheoeee, s|d. Eggs: Stamped and guaranteed, Is, Is o£d; case eggs, lid, Hid. Pigs: Baconers, sid to 6d; porkers, 6d per lb; choppers, 3id 3jsd, 4jd. Potatoes: Best quality table potatoes, specially screened, £5 10e per ton; other lines, £2 10s to £4; seed, no demand. Table onions: Prime quality, 17s 6d to 20s. Fowl wheat, 5s 3d. Oats, 2s Bd, 2s 9d, 2s 10d for prime lines. Rice meal: 8s per sack of 1401b. Molasses, 5s 6d per cwt. Flour, £13 10s in 2001b. Barley, 3s 6d, 3s 9d. Pollard. £6 15s per ton. Bran, £5. Oatsheaf chaff: Extra prime quality, £4 10s; light and inferior, £3 10s, £3 12e 6d (ex truck). Poultry: Hens, Is 6d, Is 7d, Is Bd, Is 9d, Is 10d, 2s each. Young cockerels. Is 9d, 2s, 2s 3d. Ducks, 2s, 2s 6d. Ducklings. 2s 3d, 2s 6d. Chickens. 3d, sd, 6d, 9d. Is, Is 9d each. Turkeys: Hens, 6d; gobblers, lOd per lb*. Disc Harrows: Tho cheapest and best' line of disc-harrows in Australasia; price, £610e. Lime sower, tho " Armour-Johnstone." Beeswax, Is 3|d Rabbitekins: 7|d, Bd, 81d, 9d, 9£d, 10id. Hides: sd, s£d, Cow Hides: 4£d, sd. &id per lb. Calfskins: sd, s£d, 6d, 6jd. 7d. Sheepskins: 4£d,

5Jd, fijf]. Horsehair: 9id, 10d ]xtt lb. Wool: 4(1, Sd per lb. Fat: 16h, 16a 6tl, 17s. We rcconinwnd coiiargiunenid of good fowl wheat, cabbage, early pe«s, and bacon pigeR HILLY, GILL, AND CO., Commission Agents and Auctioneers, Moray place, Dunedin.