COMMERCIAL.

Otago Daily Times, Issue 17324, 25 May 1918, Page 6

COMMERCIAL.

-h • D ?i l y Timcs Office, Friday eveuinc a® messa S es received advise that in Ss t, m S lOa T °, rOP ProSl>eCts " re e°° d - Officii pgures ol tne Indian crop are a recorri the yield is below expectations! Sra'l tpplS , Argentina > while the outlook in OHerinos 5™ and v Fran <=e is lavourable. .Offerings of milling wheat are light, as the i jn<"ith is drawing to a close, and next month hZT u lU lo be "ble to charge another per bushel. It is considered, however, that, most ™nw ?h° T has now changed hands, and millert,, therefore, are endeavouring to obtain ' f° PP T 1 , 1 , e3 Canterbury. Most lots on ofler are c! thi rnvl'Zf 17 ' ♦ « questionable, in view ■ Government fixed prices per month, if oircnmst ances, is not 01 regulations. Australian wheat is L 8 w by ,? Uler3 ' b "t the total quantity fa getting into small compass. Fowl wheat is in •fifcrsrfc r u — <■ ' ™^? Ur Jk 00 ' S) q l otcd st £15 J °s a ton. Oat't? j Jo t ? 25 s - Pearl barley, £23. ■MK% 'i u 78 „ 6d ,filed b y Government). Bran, Ab (fixed by Government). -"Ming wheat, according to Government price, . - IsJaQd . M "y 53 lid (pins Id brokerage W jd Government charge, June 5s IH<l, Jnlv Gs August 6s o£d, f.o.b, ' 7 ' ■ h ~ 7 ? showing more disposition ' to sell their oats, anu several lines have changed !„1 , i 3 , ld ' 0,1 tnickp > at Stations, lor - B and A Gartons respectively. The shipping K^ aS u , l '^ sk J Awards the end ol last J• Jsland buyqa have evidently filled their requirements to some extent, as the demand has eased, especially from Wellington, where it is difficult to do business iu lace of the Inct that mcrohante there are holding considerable quantities of Australian Algerians. Still, if shipping space had been available, a considerable number of sacks could hare been placed this week with merchants in Auckland, Gisborne, and jfapier. Shipping quotations are more or less nominal, and range from 4s 8d to 4s 9d, f.0.b., s.L, for A Gartons, with B's Id per bushel less. PBOBUCE MAHKET. The ckafl market is very slow. Heaw etocks are held in Dunedin. A lair demand exists Jor prime oaten, bnt other qualities are hard to quit. The prioes have u. tendency to ease. Buyers of potatoes are fully stocked, and as expected, the demand has been quiet, owing to a largo number of consumers having secured their requirements at Monday's auction sale of Australian potatoes. The overseas tubers were in 1301b bags, and between 1100 and 1200 sacks were disposed of. Thfcre was a large attendance of the public. The potatoes were sold in sack lot" and realised 7s to 8s per bag. They were sold in • small quantities at from Gs to 7s. '• Smalls " brought about 5s per bag. The prioes reocived will barely pay the invoice priccs in Melbourne, bo that shippers will thus have to lose a sum equivalent to the freight ,dnty, and picking-over .ehurges. As regards the locally-grown potatoes, Tnieri are being offered at £9 and northern-grown at £8 to £8 10s, with not a great deal of business passing. Many of the tubers show signs ol frost. Both when ten and oaten straw is in poor demand. There was a full yarding of pigs at tbfi BumBide sale on Wednesday, and all were disposed of, under keen competition, at prices a little weaker than laet week's rates. Best bacon era mad* up to SJd por lb, and best porkers from B}d to 9d per lb. Eggs and dairy butter continue in short supply. Current wholesale prices are as follow:— Fowl Wheat.—New Zealand-grown, to Cs 6d a ft bushel. Cbafl.—Prime oaten sfaeaf, £6 5s (sacks extra); id odium to good, £6 to £6 15s; discoloured, practically unsaleable. Wheat straw, £3; oaten, £3 ss. Potatoes, £8 to £8 10s per ton (Facts in) for northern grown; Taieri, £8 10s to £9. Bggs.—lStomped, 2a Sd a dozen; plain fresh, 23 4d; chilled stamped, Ss 3d; preserved, Is Bd. Onions, 9s per owt. » Batter.—Killed bulk, 1b 3d to Is 4d per lb; s'ocond quality, Is Id; dairy separator, in lib packages, to la 3d. Honey, 9d per lb. Pigs.—Baooners, 8d to Bsd per lb; porkers, BJd to 9d. Bacon.—Bads (local), Is 3d; Christchurdh rolls. Is Sd; sidaa, Is 3d; bans. Is 3d; ham rolls. Is 3d. FRUIT B3SPORT. Tfca fruit market was fairly busy towards tho latter end of the week, Hie chief sales being of apples and pears, a considerable qnantity of which fruits oome forward from the Canterbury Cool Stores. Pew apples are ooming in from Otaco Central. v A small ososlgnment «f kumerns, tree tomatoes, end persimmons arrived from Auckland, and met with a ready sale. A fair quantity of Tahiti oranges arrived via Wellington doling the week, and met a good sale. Another small transhipment is dne on Monday. The vegetable market has been qniet, and the , prioes, aompared with those ruling in other seasons, ara very low tor this time of vear. Oarrrat wholesale prices are as follow :— ' o tago Central Jonathans, Scarlets, and Cleos, to JJd per lb; Cox's Orange Pippins, to 10s 9d per bushel caeo; choice Dc- ' . liciouu, 3}d to 4d; oookars, 7s Sd to 8s 9d for best • medium, Ss Cd to 6s. ' Pears.—Bs to 10b; medium, 4s 6d to fis per tmehsl oaae; Central gmwn Winter Nelis and , Winter Colas, to 31d; cooking, ljd to ljd. T,aaaas.—Adelaides, 30s to 32s 6d per case. I'oarnun oranges, 14s. Parslmmaos, Js 9d bo Gs 3d per box. - Kasasrss, 4s 6d to 6s 3d por oase. Ooonn»b«ra. —Local hoUionaa, 12s per dozen for Banana*.—Best ripe, 31s to 355. ; % Oranges.—lsland repacks, lis to ISe. ' i "i: Qninccs, 3d par lb. Ma melons, lis to 13s per ewt oa landed. .IWatoea. —Local hotbovse, lid to Is 3d; Christ- > Anroh, ootalda, to «Jd tor best; others, 3*d to 4d. Txoo toßMfeo«s.—Best, to 10s 3d per box; • t aat iatetar, la to Is U.

Walnuts, to Is 2d per lb for choice; others, lOd to 10} d. Grapes.—Choice looals, to 2s 7d; Oainaru, uniahen. Potatoes.—l'euinsuU, 10s to 11a per cwt; Taieri, AU per ton. ' r;,i oa^ aSe 'T Cho !r', 10 !ts do^n •Isto U 6d per sack. Cauliflowers: Olioiee. up to 9s nd f° ' 4i to , ss; to 2r 0,1. nins ■>'= rrl to C ? Se ' ' ls P® l " doren. Parsmps, .s Cd o , ts per ceutal bag. Carrots, 33 to 4.s per cental bag; sacks, to lis »egetnble marrows, 3 S to 3s 6d per saok Swedes—Sacks, lis Cd; cases, 2™ MEBLOURNE MARKETS. fn o w S , eOO ' afcic '?~ B - v Telegraph— Copyright. Australian and N.Z. Cable Association. Barlev •rn ,■ MELBOURNE. May 24. 4h M n r J llalUng ' is 9,1 to Cs "; C-'apn, m- f 1 I, °atK: Algerian milling, 4= 2d to to ' nn' ;35 J° 3s 1W - Potatoes, £315s 10 -A. Ouions, £12 103 to £13 3 S . CIIRISTCnURCH MARKETS. (Per TJsited Press Association.) T), „ , CHBISI'OHXJRCH, May 24. lno pain and producc muikets have been very qme duruig the week, fact that the"o wl2 "his wrek'h n( f '° r , A,lokh ' ud or Plymouth , h,ld a hulD Pe™'S «flect on business kcts lincs required lor the northern marjniere is very little whe.it or oats oflcring. Oaishoaf chaff is duU of eale. K PolatoS 1,0 tbe ''wand for potatoes which have continued to sell at £5 to 7 n l r al,Z m \ J atati<>ns - At the time of wiring l r raul 16 fa]u ng. which will put a L h,inl SWS ot,eratK ; na U,oso districts wliere .1 is being expenencod. TRICE OF SACKS. \SwiaHon"°h > tOe L, A ? CDtS , and Woolbrokers' n/ CJ L de ,°, lded tO , char K« the following sacks. —rnccs of wheat sacks to mil--1 remain at IOJd each meantime, as fixed by regulations; new sacks, Is each, with all other gram; second-hand sacks, 10>d each to merchants and millers; chaff bags, 9Jd to of cSuU WRIGHT, STEPHENSON, & CO. Jho twelfth annual meeting of Wright, Stenlipn■on and Co. was held at tho head office of the Tl l e ° hairinan "0 com. J r i„, D " Ilu , nt > and there was 'nt 3 of shaiehoidcre. ine proht and loss account, inchidinc £7040 brought forward from last year showTa credit S"f/L i 522 ' 4n 13 2(1 ' from which hid bSn deducted the interim dividend for the six mouths fi! r tc " lb,ir leaving £-10,083 12s available 'v-hich'wor! ' r, ;° . dirvctors ' recommendations, thl n orried by the meeting, were that the fixed payments on the founders' and prefern»r rCS » ? ma u dc ' and that a dividend of i per cent, for the half-year be paid on tho ordinary shares, which, with the 3J per cent" TCnt for ? h ctoh,:r 5 - makes the dividend 7 per forward. year ' lng £20 ' 380 10 be carried ""etiring directors were Mr J. A. Johnstone and Mr p. C. Gray, and, there being no other nominations, they were re-elected. n idf'nr- 5 r Bn T;, Lcary ' nnd Co - reappointed aauKora for the current year. NEW ZEALAND PAPER MILLS. • thirteenth annual meeting of shareho'ldors in the New Zeflland Paper Mills was held in nine's M om of the ew Zealand Express Com--1,. ?-, ~ , ? ings yesterday afternoon. Mr F. W Mitchell (chairman of directors) presided, and there was a moderate attendance of shareholders. ITio Chairman moved the adoption of the report „ anoe sheet - The motion was seconded by fMr p' v a v it a Sm CllrM ' retiring director Ju Mitchell) was re-elected, as also were the retiring auditors (Messrs Barr, Leary, and Co., of Dunedin, and W. Wallace Bruce, of Auckland). A vote of 'thanks to the directors and stall was earned. • m Soott Bros., produce salesmen and commission a„en.s, report:—Eggs: Market easier. Fresh, 2s 3d per dozen; stamped, 2s 4d; preserved, Is 9d per dozen. Butter: Wanted. Dairy, ls 3d; bulk milled, Is 4d; separator, Is 4d per lb. Honey: Wanted. Prime clover—bulk, 8d to 8 id; 101b tins, <s 6d each; sections, 7d. Beeswax- 2s per I , U - y: steady. Cockerels, 5s to 6s: hens, 3s to 3s 6d -per pair; ducks, 5s to 6s; geese, <s to 8s per pair; gobblers, 10Jd; hens, 9id per lb. ligs: Wanted. Prime baooners, BJd to BSd • porkers, BJd; overweights, 4d to 6d; hams, Is 2dbacon, Is 3d per lb. Potatoes: Quiet. dates, £8 to £9 5s per ton. Onions: To hand. Canterbury, £3 10s per ton. Chaff: Prime oaten sheaf (steady), £6 12s 6d per ton; medium to good, £6 5s to £6 10s per ton (sacks extra). Oats: Steady. Gartons, 4s 4d; best feed, 4s 3d per bushel (ex store, sacks extra). Fowl wheat: Cs Id to Gs 6d per bushel (ex store, sacks extra. Straw: Pressed wheaten, £3 ss; oaten, £3 10s per ton. r W. Stewart (Limited), poultry merchants, 236 Princes street, Dunedin (established 30 years') ' buyers of all kinds of poultry, report for the week ended May 18:—Hens: Medium to good, ls oi }° « eaoh • ehiekens, young cockerels, 2s Gd to 3s each; ducklings, 2s 6d to 3s each; geese, 3s 3d to 3s 6d each; turkeys—gobblers and hens, wanted-. No commission charged. Railway freights paid. Crates supplied free. Feathers for sale, 3d per lb. if -