COMMERCIAL.

Otago Daily Times, Issue 16523, 25 October 1915, Page 4

COMMERCIAL.

Daily Times Office, Saturday morning. Geistena lias been reduced to 12s 6a per dozen. .• ■ Twines now show a very high cost. Glycerine has been advanceu by no less than ±)28 per ton. ;■ A e&ipment oi kerosene is due to arrive here, ex the Baron Caution, about the end of December. Whether the shipment- will arrivo up to time is considered doubtful, as it is reported that the steamer has been delayed, in the Panama Canal. ' Vfhcre has been a big advance in the quotation for the new season' 6 Greek currants— about £16 a ton —since prices were lirut: nuned. Herring packers at Home had been hoping against hope that they would be able to pack a limited supply of fish this seasoil, but latest reports state that any chance of doing'so has now passed. Quotations for ling fish were received this week by cable, but the prices nam»4 are eo high that it is questionable whether any orders will go forward. The market shows a decided firmness for all Californiah fruits. . All lines of bacon have increased in cost. A further consignment of Mildura, sultanas came to hand during the week, and, as there is every prospect-that there will be a short'--ago of Smyrna fruit, the local market will havo to depend on Mildura for ita supplies." Owing to the temporary closing of the Panama Canal, shipment* of American cream of tartar have been delayed , Camp and Symington's coffee essences are nt present very scarce. A shipment o£ SymLagton'a is expected next week. • Broso meal is at present off th& market.

LONDON MARKETS. v Picas Association—By Telegraph—Copyright I " • . V LONDON, October 23. i > (Received October 24, at 5.5 p.m.' ) Wheat.—Quiet; 61s is asked. Chicago December options, 103£ cents to 100 cents. _ Cotton. —October and November shipi" ments, 7.024. , _ , Jute.—November and December ship- !<"■ * inents, £25 10*. ' I' Hemp.—October-December shipment, £34, |- J Rubber.—Para, 2a 6&d; plantation, 2* J •moked, 2k 6d, ~

Copra.—October and November ship ments, £24 65., • .' Silver, 23Jd per oz. Danish butter, nominally, 160s to 182 a.

FROZEN MEAT MARKET. Press Association—By Telegraph—Copyright.' LONDON, October 23. (Received October 24, at 5.5 p.m.) The following are the latest quotations for ail classes of meat, including ex-store sheep. In the case of those not quoted the. price is unchanged : • Oob. 16. Oct. 23. A. da Canterbury mutton, light ... — — — Canterbury mutton, medium ■». — — Canterbury mutton, heavy — — Southland mutton ~ — ~ N.I. mutton, best brands, 56-641b — — N.I. mutton, ordinary, 56-641b — — N.Z. ewes -* — ~~ Australian mutton, light ...' ... — — Australian mutton, medium ... — Australian mutton, heavy — - : — Australian ewes — — — • — Hirer Hate mutton, light, 40-551b — — Biver Plate mutton, heavy, 56-731b — — Biver Plate ewes - ... — . — Canterbury lamb, light — — Canterbury lamb, second quality — — Canterbury lamb, medium ... 7| — Canterbury lamb, heavy — — North Island lamb, seleoted ... — — North Island lamb, ordinary ... — ?! Southland lamb, selected — — Bonthland lamb, ordinary ... ... — — Australian lamb, best brands ... — — Australian lamb, fair quality ... — ■ — Australian lamb, interior ... ... 6J 6J Biver Plato lamb, first qualify... — Biver Plate lamb, second quality — 6J • New Zealand beef, fores ... ... ' — 1 New Zealand beefs hinds ... ... —, — Australian beef, fores — - Australian beef, hinds — —• R.Plate beef, chilled fores ... — " B. Plate beef, chilled hinds ... — "i B. Plate beel, frozen fores ... — — B. Pints beef, frozen hinds ... — — S. American sheep, light ... — — S. American sheep, heavy ... — — S. American lambs, first quality 7 — S. Ameiioaa lambs, second quality 6i — S. American ewes ... ... ... — — Other meats are unchanged. ' Babbits.—Declining. English, are plentiful. Tho arrivals of colonials are heavy; New South Wales blues, ex store, 24d. OAMARU MARKETS. (Fbom Oub Own Cobbespondent.) " OAMARU,' October 23. The local grain market is practically dead. No sales of wheat have been reported during the week. There was only one transaction in/oats—a modest" line of A grade Gartons, which changed hands at a country station at 3s 7d net. ' ' There is very little doing in potatoes. A few small lines have been purchased at £7 5s and £7 10s net, on trucks. The stocks in the country are light, and holders hope -for higher prices, but merchants are not disposed to do business on other than a hand to mouth scale.

With the growth of feed, the stock market has acquired more life. In regard to sheep, the chief point of interest is the opening of tho lamb market. A good number of lines of these have been sold for forward delivery in February at prices ranging from 15s 4d up to 16s, several, sales at-the top figure being reported. A line of full-mouthed ewes in wool changed -hands at 20s, with lambs given in. Several sales of broken-mouthed j ewes in wool, with lambs, have been made at lis, 12s, and 13s, all counted, while sound-mouthed ewes, with lambs, have 6old' at 15s, all counted. Mixed sexes of hoggets ; have been placed at 20s and 20s 6d. Fat wethers have been sold in lines at from ,32s to 355, while one prime lot realised 40s. Cattle are in demand. A draft of 25-year-old mixed sexes found a buyer at £6 15s, and* for mixed sex two-year-olds £5 was •given. A good-sized line of fat steers and heifers sold at £16. SOUTHLAND MARKETS. (From Oub Own Correspondent.) INVERCARGILL, October 23. The oats market is quiet, and' there is very little doing, as holders are not keen to sell at present prices, and buyers are operating only from hand to mouths The nominal quotation for A grade Gartons is 3s 4d, .f.0.b,, S;i. The chaff market is also quiet,'although there are still considerable defence orders to be supplied. The value for prime quality still, continues at £4 15s to £5, on trucks. The potato market is slightly easier in consequence of tho price, in Sydney having di-opped from £1 to £1 10s per .ton. The price is nominally about £6, on trucks, for prime lines newly picked over, but merchants are not very keen to buy owing to the lateness of the'season. There is a fair retail demand for rye: grass for -sowing and it is expected that t!:ere will be a good demand from the north -very shortly. Th<S wholesale price, however, is 'wing 1 affected by the quantity of impo.te.'l seed in the market. After the presehj holdings are cleared up enhanced prices will have to be paid for English seed.

There- is little doing in hemp, which ■is vi'L-.v quiet at present. Good fair is not today worth- more than - £24, on . trucks, but. there is very little available. In the stock sections there has been a fair amount of business during the week at prices, in all instances, considerably firmer than those ruling the previous week... The quantity of fat stock, both sheep and ca.ttle, is limited; in fact, butchers arc; finding it hard to fill all requirements, especially in view of the strong demand from Dunedin way. The same applies to fat sheep, and this class has shown a very strong rise during the week. It is not anticipated, however, that the prices at last Wallacetown sale will continue, although undoubtedly tho market will be firmer. There is also" good inquiry for store wethers and well-grown store cattle, and for the latter class there is strong inquiry from Taieri buyers, who have been operating freely, during the week. Prices all round are' sound, but a great deal of business is not expected to be done, till shearing is over. Prices are as follows:— Fat cattle: Ox beef, 44s to 465; heifer beef, 40s to 425; cow beef, 33s to 395. Fat Sheep: Extra prime butchers' wethers, , 37s to 395; prime,' 36s to .38$; medium, 34s to 355: prime ewes, 28s to 28s; medium unfinished, 23s to 245. Store cattle: Three-year-old bullocks, well grown, in good forward -condition, £10 10s to £12; medium sorts, £9 10s to £10; 2£-year-old, £7 15s to £8 ss; two years, £5 5s to £6 ss; 18 months, £4 10s_ to £4 15s; yearlings, £3 10s to £4; dairy cows, good young sorts, £12 to £13; older, down to £9. Store'sheep: Good lines mixed sexed hoggets, 18s to 20s; ewe hoggets, to 22s 6d; wether hoggets,, 18s 6d to 19s 6d; two-tooth 25s to 265; four and six-tooth, 28s to 295.

OTAGO FARMERS' HORSE BAZAAR. The Otago Farmers' Co-operative Association* of New.Zealand reports:—^-We held our weekly horse sale on Saturday, when we offered to a fair attendance of the public an entry of 31 horses. Consignments were forward from Milton, _ Middlemarch, tho Peninsula, and; the districts surrounding Dunedin. There. was no great demand for any class of horses; and bidding; was dull and slow, very few horses changing hands. During the week wo sdld on account of Mr W. R. Gawn, Orosshill, North Taieri, at a high figure, to Mr Maitiri Geary, of Portobefio, the Clydesdale mare Sweet Nell (182' C.5.8.), sire Captain Stewart, imp. (12,076) (161), first dam Bess, by Glenkenich (222), second dam by Baron Salisbury. We quote: G.ood young draught marcs, £25 to £30; superior young draught geldings, fit for shaft or lorry work, £30 to £38; ordinary draught mares and geldings, £20 to £25.-, aged draughts, to £15; good upstanding vanners, at from £18. to £25; ordinary spring-carter#, at from £15 to £20; upstanding buggy mares and geldings, £11 to £20; hacks and ponies, £5 to £12.

CENTRAL PRODUCE MART. Messrs Kcilly, Gill, and Co. report that the market is practically bare of all lines of fruits, and famine pricue are being secured. Local tomatoes, green peas, new potatoes, and gooseberries are now coming forward. Consignments of apples are also coming' forward, and realising extreme prices. Canadian apples: We are landing in all 502 oases of choice M'lntosh Reds and Jonathan apples, and 30 cases choice Winter Nelis pears, ex Niagara. These we are quoting at 15s 6d ■ l'?s 6d per case. Potatoes are ■ in short supply. Good lines of oat sheaf chaff are eagerly inquired tor. All lines of fowl feed are slow of sale. During the week we have sold a number of disc harrows, orchard harness, spray pumps, and lime sulphur, the following prices being secured for our consignors :—Flowers: is arcissi, 3s to 4s per dozen. Lettuce, Is per dozen. Cabbage,'2s 6d to 4s 6d for choice. Cauliflowers: Scarce; 4s 6d, ss, 5s 6d, 6s 6d Cucumbers, Is 6d, 8a 6d, 9s '6d, 10s. Asparagus, 4s 3d, 4s 6d, 4s 9d, ss. Eggs, Is o£d, Is Id, Is lid. Tomatoes: Choice locals, Is 9d. Green peas, 6d to 7£d. New potatoes, s£d to 6jd.. Rhubarb, Id to ljd for bags; lid to 2d for cases. Brazil nuts.: Just landed; Bid. Walnuts: Akaroa, B£d. Peanuts*-20a per 1001b. Apples: Local cooking, choice apples, i3id; Canadians, to land on 'Monday, choice, 15s 9d to 17s 6d. Beeswax, Is 4d per lb. Butter: Farmers' bulk, choice, la 2cl; separator, Is 2£d; first grade factory, " Defiance " brand, Is 3|d. Honey; Choice, 4£d, 4|d. Cheese: Prime Akaroa, lOd. Bacon, Bd, Pigs: Primebaeoners, 6id; porkers, 6£d; choppers, 3£d, 4d, Rabbitskins: Prime winter does, 22|d to 24|d; seconds, I9d to 22d; prime winter bucks, 19d to. 20£ d; seconds, 17d to 18^d; outgoing winters, 15d to 16jd; autumn, 13d to 14|d; spring, 9d to 12d; prime racks, 9£d to 10gd; light racks, 8d to Bid; runners', to sid; broken, 12£ d; prime winter blacks, 60d to 66|cl; seconds, 46d to 48d; fawns, 18d to 22£ d; hareskins, Bid to 12^d; catskins, 4d to 6d. Horsehair, 17d to 20j>d. Cow hides, 6id, 7d, 7i'd. Calfskins, s|d, 6d, 6id, 6fd, 7id. Wool: Locks and fleeces, s|d, sgd, 7d, Bd, Apples: Choice Sturmers, 12s 6d.; Canadian Jonathans, iss 6d, - 15s, 17s 6d; M'lntosh Reds, 16s 6d, 17s 6d. Passions: Choice, 12s 6d. Pines, 20s for prime. Oranges: Sydney oranges, , 25s to 275. Lemons: Milduras, 17s 6d per case. Potatoes, £9 10s for extra prime.' Onions: Melbournes, 10s 6d to 12s. Molasses, 9s in tins. Oat pollard, £7. Flour, £12 10s. OatmcSl, £17 10s. Wheat pollard, £6 10s. Bran,'£s 10s. Oat sheaf chaff: Extra prime quality, £6 15s; black oat, £7; other good lines, £6 10s per ton. Fat, 16s 6d, 17s 3d, 17s 6d, 21s, 23s 6d per cwt. Foivl wheat, 4s, 4s 3d, 4s 6d, 4s 9d, ss. Oats, 3s 2d, 3s, 3s 3d for A grade lines; 3s for B rrrade lines. Maize, 6s 9d,- 6s per bushel. Rice meal, 12s per sack. Poultry: Extreme prices ruling; hens, 2s 9d,*3s, 3s 3d; cockerels, 2s 9d, 3s, 3s 6d, 3s" 9d, 4s; ducklings, 3s 9d; geese, 4s 3d ; pullets—white leghorns, 3e 3d to 4s 6d; turkey hens, 7£d; gobblers, lOd per lb; jocks, Bd. Barger . disc harrows, £7. The cheapest line of disc harrows in Australasia. Get particulars .and see our sample machine. REILLY, GILL, AND C 0.,. Auctioneers and Commission Agents, Moray place, Dunedin.