COMMERCIAL.

Otago Daily Times, Issue 16980, 17 April 1917, Page 4

COMMERCIAL.

HIGH COMMISSIONER'S CABLEGRAM. tf?M Umitxd Pbksb Association.) . WELLINGTON, April 16. Tho High Commissioner forwards tho following market report under date London, April 14. (Note: Quotations, unless otherwise specified, are avei-ago market prices on tho spot.) Moat is oven. Although Argentine mutton and lamb are in fair supply, tho prices aro higher, owing to tho continued small supples ol Now Zealand mutton and lamb and Australian lamb. Lower prices aro boing accepted for good supples of home-skilled mutton. New Zealand mutton( per lb), B£d; owo mutton, &id; Argentine mutton, hcavy■svoight, 12id; light-weight, 12|d; Now Zealand lamb, lOd; Argentino lamb, 144 d. Argentino chilled beef: Hinds, lid; fores. 92d.

Butter.—The following aro tho maximum prices fixed during tho next two weeks: — Danish butter and finest Now Zeaand salted (mutilated word here), 2205; Dutch creamery, Australian, Irish creamery, and American creamery, 21%; Argentine, 210s. The market is easier, partly owing to good supplies. Australian and Danish salted, 204s to 20Ss; New Zealand salted, 206s to 208s; unsalted, 198s to 200s; Australian salted, 190s to 1945; unsalted, 190s to 1945; Argentino salted, 186s to 1945; unsalted, 186s to 1945. • /.

Cheese.—Thero is an inactive demand owing to short supplies. Canadian, 1625; United States, flats, 160s. Hemp.—The market is firm. Offerings are very small on account of freight difficulties. Quotations (nominal): —Now Zealand good fair, £75 10s ;fair, £72; Government graded fair Manila, £96; Government graded ooarso Manila, £79. April-June shipments: Good fair Now Zealand, £73; fair, £71; Government graded fair Manila, £75; coarse, £78.

Wheat.—Tho market is firm. Tho_ demand is greater than tho supply. Australian, 85s; Canadian, 83s; Argentino, 82s. Oats. —Tho market is strong. All stocks aro advancing, and thero is a general active demand. Now Zealand,' 555.

Peas.—Tho market is firm, with an upward tendency. Beans.—Tho market is firm owing to reduced supplies. <+■ GRAIN AND PRODUCE SALES. Messrs Donald Reid and Co. report:— Oats: Tho market has been in a quieter state during tho past week, and only prime to choice lines of milling- and seed oats have had any attention. Medium feed and interior lines have not been in favour, anu these havo been difficult to place at a reduction on late values. Prime milling, 3s 8d to 3s 9d; good'to best feed, 3s 6d to 3s 7d; inferior to medium, 3s 3d to 3s 5d per bushel (sacks extra). Wheat: Tho quantity on offer is small. Prime milling lots aro readily taken by millers at full Government valuation, and seed lines are scarce. Fowl wheat is offering hi moderate quantities and) sells at 5s 6d to 5s 8d per bushel for best whole wheat. Potatoes: Consignments are coming forward-more freely. Tho general quality of the crop this season is exceptionally good, and few faulty lots have come on the market. The quantity _ on offer is gradually increasing, as digging proceeds, and values have slackened to some extent in consequence. Prime table potatoes, £5 to £5 ss; medium, £4 10s to £4 15s per. ton (sacks included), ex store. Chaff: Heavier supplies aro arriving. Many consignments are of only medium quality, for which the demand, is not strong, even at reduced prices. Prime oaten sheaf finds ready buyers, and for this class values are well maintained. Best oaten sheaf, £5 10s to £5 15s; medium to good, £5 to £5 ss; light and discoloured, £4 to £4 15a per ton (bags extra).

Messrs Dalgety and Co. report:—Oats: The market is quiet, and buyers are prepared to operate only at lower values. The only lines in request are those fit for milling and seed requirements. Tho bulk of tho oats offering of late are of medium quality and difficult to place. Prime milling, 3s 8d to 3s 9d; good to best feed, 3s 5d to 3s 7d; medium to good, 3s 2d to 3s 4d per bushel (sacks extra). Wheat: Very little milling wheat is offering. Millers aro keen buyers of any suitable lines at maximum Government rates. Fowl wheat is in very short supply, and readily quitted on arrival at 5s 6d to 5s 8d per bushel (sacks extra), in small quantities for local requirements. Potatoes: Consignments havo been coming forward freely during tho past week, and sales aro more difficult to effect at late rates. Tho demand is confined to choice quality lines, which find buyers at £5 to £5 ss. Medium to good, £4 10s to £1 15s per ton (sacks in). Chaff: During tho past "week heavier supplies have come forward, the bulk of which was medium quality. Choice heavy oaten sheaf is in most request, and consignments of this description are readily dealt "with on arrival. Medium quality and inferior lines are difficult to quit. ' Best oaten sheaf, £5 5s to £5 10s; choice lines, to £5 15s; medium, to good, £4,10s to £5 per ton (sacks in). —«»———— PROPERTY SALE. • Messrs Park, Reynolds (Ltd.) offered by auction yesterday at their rooms the late Mr Andrew Anderson's property at Forbury Park, St. Clair. _ Section 1 and part of section 2, containing 30.48 poles, with a house of four rooms and outbuildings, was sold at £450 to Mr H. -F. Titchener. Section 4 (vacant), containing 26.83 poles, went to Mr W. Barnes for £180. Section 5, containing a six-roomed house and 30.27 poles, fell to the bid of Mr C. J. Moody, at £600. Section 6, containing 33» poles and a sevenroomed house, was sold to Mrs Marion C. Brown at £605. There was a capital attendance, and tho bidding throughout was brisk for all tho lots.