COMMERCIAL.

Otago Daily Times, Issue 16594, 18 January 1916, Page 4

COMMERCIAL.

PRICE OF POLLARD. Tho price of pollard has been advanced by another 5a a ton. The current quotation is now £9. HIGH COMMISSIONER'S! CABLEGRAM. (Per United Pbess Association.) WELLINGTON, Januarv 17. The High Commissioner reported from London, under date January 15._ (Note: Quotations, unless otherwise specified, are average market prices on spot): — Meat. —There ia a poorer demand for mutton and lamb, on account of the large supplies of home-killed coming forward; but tho market is steady, and prices are well maintained. Mutton: Canterbury, 7£d per lb lor light-weight; medium, 7gd. There ore only a tew otiier brands than Canterbury on the market, for which there are no official quotations, only a small quantity selling at lrom 7£d to 7£<L Ewes are in tansk demand, average price 6|d, though sometimes as high as 7id. Lamb: Canter Miry twos and fours, per lb; Yfd; other brands than Canterbury, 7Jd for best quality. Beef: Now Zealand beef cannot be quoted. Chilled hinds, 9d; fores, 6|d. , Butter. —The market is firm, and quiet French butter is expected to arrive again at the beginning of next week. Danish.: There is more demand, and prices are firmer at 156s to 160s per cwt. New Zealand: For spot tho market is firm at 150s to 1545; unsalted, 158s to 1625; fair to good quality, 144s to 148s. Australian: The market is steady at 144s to 148s. Siberian : The market is quiet, bu£ steady, at 124s to 130s. Argentine: The market is quiet at 140s to 1425. Cheese.—The market is firm, and prices continue to advance. The market doses strong. Canadian: Tho market is firmer. White, coloured (per cent.), 97s to 995; exceptionally good, 100s. New Zealand: The' spot market is practically cleared, and therefore prices are more or less nominal. The market is .strong in tone owing to the business which has been done. White and coloured, 97s to 98s; exceptionally good, 995. English: Cheddar, 104s to 106s; Cheshire, 110s to 114 a Hamp.—The market is firm, and prices continue to adwanoe. New Zealand good fair (per ton), on spot, £41 10s; fair, £40. Manila new-graded fair, £51. February to April shipment: New Zealand good fair, £41; fair, £39; Manila new-graded fair, £50. The output from Manila for the week was 20,000 bales. Wheat.—Tho maiket is firm, and prices continue to advance. The freight advance keeps the market steady. Canadian, on spot, 64s 6d; January to March shipment, 63s 6d. Australian, January to March shipment, on steamer, 655; on sailer, 63s 6cL Oats.—Tho market is steady, with a moderate inquiry. Argentine, on spot, 33s 6d; January to March shipment, 335. Hops.—Tho maiket is firmer for best quality, but weaker, with less demand, for seconded ass quality. English, 110s to 140s; Californian, 80s to 100s. WooL—Tho market is firm at an advance. There is a great demand: in th§ market. GRAIN AND PRODUCE REPORTS. Messrs Donald Reid and Co. (Ltd.) report:—Wo held our weekly auction sale of grain and produce at our scores on Monday, when values ruled as under:—Oats: There has been good inquiry during the last few day for prompt delivery. 'Shipments of oats are now arriving from Australia, which may have a retarding effect on values here. Prime milling, 3s 5d to 3s 6d; good to best feed, 3s 2d to 3s 4d; medium and inferior, 2s 9d to 3s per bushel, sacks extra- Wheat: Only a limited quantity offering, but buyers are not disposed in the meantime to give the price asked by holders. Fowl wheat is coming to hand more freely, and is being sold at 5s 6d to 5s 8d per bushel, sacks extra, Dunedin. Quotations for milling wheat are at present nominally on the same level. Potatoes: Taieri, Oamaru and locally-grown consignments are coining to hand more freely, and prices have eased slightly. Table, £8 to £8 10s; others, £7 to £7 10s. Chaff: The market has weakened during the past few days. Supplies of chaff have been arriving more freely, and, owing to the slackening of shipping demand, prices are somewhat easier. Prime oaten-sheaf, £6 2s 6d to £6 ss; medium to good, £5 15s to £6; light and discoloured, £5 to £5 iOs. Messrs Dalgety and Co (Ltd.) report as follows: —Oats: There has been a strong inquiry on the part of buyers for all lines offering, and sales have been readily made on tho 'basis of quotations. Prime milling, 3s 5d to 3s 6d; good to best feed, 3s 3d to 3s 4d per bushel, sacks extra. Wheat: Milling wheat —Velvet is in keen demand. Red wheats have been offering more freely from the north, .and buyers are not prepared to operate at Into xates. Fowl wheat is also more plentiful, and values show an casing tendency. Best whole fowl wheat, 5s 6d to 5s 8d per bushel, sacks extra. Potatoes: New season's tubers are coming forward steadily, and all choice lines are meeting with a ready sale on arrival. Auck-land-grown are out of favour. Local new season's, £8 to £8 10s per ton, bags in, for best quality. Chaff: Consignments have been coming forward more freely, and sales cannot bo effected at lato rates. The demand is confined to bright, heavy oatensheaf in good sacks. Medium quality is not so readily quitted. Choice oaten-sheaf, to £6 ss; good oaten-sheaf, £5 15s to £6 per ton, sacks extra.