COMMERCIAL.

Otago Daily Times, Issue 17634, 26 May 1919, Page 4

COMMERCIAL.

Daily Times Offioe, Saturday morning. To-day's quotation for sago is 3Gs and for tapioca 37s to 3ds. The market is very lightly stocked with both commodities—in fact, somO merchants have not a bag of either line.

Tho Wihaiatajie, whicsh is now discharging at DunedUn, is landing parcels of Juno, Derby, Golden Eagle, Old Gold, Welcome Nugget, and Old Judge tobaccos, several of which linos have been wanted for some time.

Wax vestas —250's, Royals, and Plaids—are in very short supply. A small lot came to hand during the week, but these were quickly sold' out.

Tho market is bare of desiccated cocoanut, Mildura sultanas, Brasso, and olive and castor oils.

In view of the increase in tho rate of exchange in the East, such linos as rice, tapiocia, pine apples, cocoa nut, etc., will have to bear an inorenso of about 12 pear cent, on their ordinary landed oost. A paroal of Neavo's foodl will be delivered early next week. The nxun shipment, however, will not com© to hand for about - fortnight. Supplies of bovril will also be available in about 10 days' time. Robinson's patent barley and patent groats, also Colrnan's starch, which lines have been' off tho market since 1915, owing to the em.bargo on the export from England, are again available. The shipments have gone into immediate consumption. Further consignment parcels are expected in due course. A new agency line—Whiz motal polish—is quoted at 9s per dozen./ Advico has been received tihat Van Houten's_ coooa may ba again on the market within the next two or three months. Owing to the high tea markets ruling in the country of production, it will b§. necessary for proprietary lines previously packed at 2s to be withdrawn. Retail pric<33 ore now 2s 2d, 2s 4d, and 2s Gd. It is stated that in the North Island the lowest packed teas are costing 2s 4d. A small line of Loewe pipes, due next week, is practically all sold to arrive. Prices range wholesale from 12s 6d to 15s 6d each.

Lily 561b tins of apple and raspberry jam will in future not be packed in this size. The manufacturers lire now concentrating on 10lb tins.

All frizes of Jeyes' fluid are in short supply in Dunedin. A lino of Kerol is on the Kia Ora.

OAMARU MARKETS. (From Odb Own Correspondent.) OAMAJIU, May 24. More wheat has changed hands this week than in the previous week, southern millers being tho chief buyers. The transactions included a mixed lino of 1300 sacks and another line of 1000 sacks of Bordic-r. Some fowl wheat has been dealt in -at oountry stations' at 6s net, f.o.b. Oats have made an upwaid movement dluring the week, and sales of A grade Oartons have been made at/ 3s lid and 4s net at country stations, and 4s Id net delivered in Oamaru. Some B grade Goartons have changed hands at coruntry stations at from 3s 8d to QG lOd net, while good quality Algerians were taken at 3s 6d net at country stations.

A line of malting, barley was sold- at 5s 3d not at a cbnntry station. Some big lines of oaten sheaf chaff were placed at a country station at £5 ss. Potatoes have improved in value as a result of the removal of tho embargo on exPort. In the earlier part of the week purchases were made at country stations at from £G to £6 5s net, on trucks, but since then £6 10s and £6 15s has been given. .The stock market is still in a lifeless condition, and no sales are reported by private treaty. The weekly sale was again somewhat of a failure, but a gleam of hop© for a recovery was discovered at tho Duntroon sale on the following day. It was the best that has been reported for some" weeks, though prices for sheep were still cm a low level as compared with these prevailing before feed went off. Two-tooth, ewes realised from 23s to 27s 3d; sound-mouthed ewes, 15s 9d; store ewe lambs, 15s 9d; wether lambs, 14s 7d. ,

Th e pnly indication as to tho values of cattle is that given at the Duntroon sale, when, mixed-sex stores brought £5 18s 6d for threo-y ear-olds and £4 9s for twc-yeaar-olds.

SOUTHLAND MARKFuT REPORT. (X-'ROit Our Owit Correspondent.) INYERCARGILL, May 24. There has been, same what, increased activity in tho oat market, as fair as buying is concerned, A grade Gortons in on© instance reaching 4s on trucks, but as the news of the breaking up of the drought in the North Island; was received, merchants' ideas of values declined, and to-day the opinion, is freely expressed that A grade are not worth, more than as 10dl on trucks at fairly handy sidings. The majority of growers are, however, still holding out for 4s. Keally prime quality oats, more particularly those fit for seed lmcs, may perhaps reach ..this figure, as it is evident that there is going to be earns trouble this yeaj with, damp and discoloured oats, a considerable quantity having already come into store an owners' account.

_ In. .sympathy with, oats, the chaff market is firm. Prime quality is worth up to £5 10s on trucks. There is already a small inquiry for shipment, but' it is muoh too early for merchants to entertain such> business, as Southland chaff will not be fit for shipment for at least anothe<r six weeks. The ryegrass market still continues quiet as far as outside business is concerned. Farmers are still-offering, freely, but in tho majority of oases axe holding out for prices which are unobtainable. Well-dressed lines ;rom the mill are worth, from 3s 3d for 211b seed and 4s 3dl for 251b seed, on trucks, Backs extra. Weedy lines at correspondiziff reductions.

The hemp market is absolutely lifeless, due largely to the present position in London, where users are doubtless anticipating in freight. Millers are altogether disinclined to sell at present nates, n Low sair is worth nominally £26, and high fair £29 on tracks. At such prices as these it is evident that millers cannot do business at a profit. STOCK MARKET.

During the past week the stock market has remained about the same. -a.t the country sales the bidding has been more brisk than wo have experienced for some time past as owing to tho fine mild weather graziors seem inclined to buy. Pries "may be quoted!: — Fat. Cattle.-—Ox beef, 435; heifer,' 41s* cow, 88s; extra prime bullocks, £18 10s to lOf; prime, £15 ,10s to £17; light and unfinished, £11 to JGI3; extra prime cows, £12 to £14; prime, £10 10s to £11 10sunfinished, down to £8 10s. '

Fat Sheep.—Extra pa-ime wethers, 38s to 403; medium, 343 6d to 365; light and unfinished, down to 30s; extra prim© ewes 28s to 30s; prime, 24s to 26a; light and'unfinished, down to 18s. :

Storo ;Cattl<e.—-Mixed-sex calves, 20s to 30s; poor and weedy, down to ss; 18-mionth-old steers, £2 15s to £3 10s; two and a-halr year olds, £6 10s to £7 10s; three and a-half year olds, £8 10s to £10 10s; dairy,-cows, £8 to £13, according to condition and quality. Store Sheep.—Good mixed-sex lambs, lis to 15s; medium sorts, 10s to 12s; poor and weedy, down to ss; two-tooth ewes, 20s to 22s for good sorts; medium, 17s to 19s; two-tooth watliers, good sorts, from 203 to 21s 6d; poor and weedy, down to 13s; soundmouth ewes, 16s to. 18s; four and) six-tooth wethers, 25s to 275. For Children's Hacking Cough Woods' Great Pepparmint Cure.—Advt.

THE FKUIT WORLD. Roilly"s Central Produce Mart (Ltd.) report:—Tito potato market is eorrajwhiat exoitcd owing to the embargo being lifted. Preserved eggs arc in over-supply, fresh eggs are arriving more freely. I'igs: Bacon curers aro trying to limit tho price to £kl. wo aro securing 9id. Section honey is wanted Poultry is. in keen demand. Calf oJid cattle foods, poultry meals, insecticides turo having good inquiry. Tho following pricea wore secured:—Apples: Cox's Orange Pippins, 12s; Delicious, 14s; Jonathans, 9a, 10s Gd; other desserts, Gs, 8s 6d; choice cookers, 5s 6d, 7s Sd; inferior, 3s Gd to ss. Pears: Winter Nelis, 3d, Coles, 3d; Napoleon, ljd. Grapes: Groa Colmans, 2s 9d. Peaclies, s id. Plums, -Id. Quinces, 3£d. Lemons: "Mission" brand, 42-s. Oranges: Rarotongas. 27s Gd. Mandarines, 255. Tomatoes: Otago Centrals, to 9di; Christchurcli, 9d; locals, la 3d per lb; green, 3d. Green peas, s!td, 7Ad. Potatoes: Locals, 9s 6d per cwt; northern, to £8 5s per ton. Pumpkins, 14s Gd per cwt. Cauliflower: Choice, las dozen; small, 4s to Bs. ,Cabbage: Choice, 9s Gd; small, 23 to 'is. Cucumbers, 13s dozen. Onions: Prime, lis; picklcrs, 19s per cwt Swede turnips, 1o 5s Gd. Bacon: Golden Bay rolls, Is 3td; sides, Is 2£d; hams, Is 3£d. Pigs: Baconers, prime to O.kl; porkers, to 9Jd; heavy-weights, 81d! per lb; choppers, 4Jd to sd. Butter: Bulk, to Is 4?, d; separator pats, to la Gd. Eggs: Stamped and guaranteed, 2s 9d; preserved, slow sale, Honey: Sections (choicc), lis to 13a per dozen; bulk, Kd; Jib pats, 5s Gd per dozen. Tea: Special quality "Broken Orange Pekoe," 2s per lb, in 51b boxes. Linseed meal and calf foods, 153 pen: 1001b. Meat meal: "Cross Keys," 18s par 1001b. Molasses: 8s per cwt in casks; cases, l'ls 6d. Capo barley, 5s Gd. Oa.slieaf chaff: Choice, £7. Oaten dust, 5a Gd) per- sack. Oaten straw chaff, £i ss. "Whoa km straw chuff, £3 10s. Wheat: Choice whale fowl wheat, Gs 9d; broken, Gs Gd per bushel. Oats: Duns, 4a 3d; A grade Gartons, 4s Gd. Pens: Prussian Blue, 7s Gd; greys, 4s 9d. Bran, 7s per 1001b bags. Wheate-n. pollard, 143 pot 1501b. T?a.rro focd, 9s per 1001b. Lame sulphur: 2s 3d per gallon, in barrels; 4-gallon tins, i?s gallon. Bluestone, 79s per cwt. Beeswax, 2s per lb. Egg crates, 12s 6d. Poultry: Hens—ls at Is lid, 30 at 2»,- 27 at 2s Id, 44 at 2s 3d, 17 at 2s 4d, 46 tit 2s sd, 50 at 2s 6i, 16 at 2s 7d, 28 at 23 Bd, 17 at 2s lOd, 3 at 2s lid each; cockerels—2-1 «t 2s, 30 at 3s, 12 at 3s Id, 9 at 3s 3d, 21 at 4s, 23 at 4s 4d each; ducks—l2 at 3s 3d, 8 at 4s, 12 at 4s 3d each; pullets—B at 3,s 9d, 11 at 4s, 30 at 7s 6d each. Purebred poultry sal© will bo hold on Wednesday, tho 4th of June, at 2 p.m E. OSWALD RETLLY, Managing Director, Moray place, Duivedin.

Eraser and Co., auctioneers, produce merchants, and commission, agent-?, 146 Crawford street, Dunedin, report:—'Eggs: Market firm; fresh, 2s <kl to 2s sd; Egg Circle eggs, 23 Gd; preserved, Is 9d to Is lOd. Butter: Market very firm; lib pats separator, Is 4Jd to Is sd; milled bulk, Is 4Jd to Is sd. Pigs: Good bacon weights, over-weights, 5d to Bd. Tallow, 23s .to 28s per cwt. Honey: 6ct to Sid good bulk; 10'b tins, 5s 6d to 6s; sections, 8d to 9d. Besswax, Is 9d to 23. Canterbury onions, 10s 6d per pwt; market firm. Potatoes: Up-to Dates, £8 to £8 10s. Poultry : Wo held our usual auction sale on Wednesday at 1.30, and I the following prices were realised: Hens—32 at 2s, 40 at 2s Id, 15 at 3s 2d, 35 at 2s 3d, 6 at 2g lid, 10 at 2s 6d; cockerels—s at 2s 2d, 1 at Js 9d, 8 at 2s 6d, 14 at 3s, 5 at 3s Id, 8 at 3s 2d, 9 at 3s 3d); pullets— 7 at Bs, 4 at 8s id, 15 at 7s 9d, 4 at 7s 3d;ducks —2 at 4s 3d, 15 at 3s 9d; turkeys—gobblers lid, hens lOd per lb, live weight. A Press Association cabl© message from London states that the tallow sales have been postponed.