COMMERCIAL.

Otago Daily Times, Issue 17713, 26 August 1919, Page 4

COMMERCIAL.

(Pse XJuited PnKsa Association , .)

WESJUIMIGTON, August 23. Tiio Department oi Agriculture haa received the following cablegram dated August 21, from the High Camrodasioner:— Hemp—The market continuea dull. Sellers quote j grade Manila, ehipment to be in August, September, or October, at £59, and shipment in September, October, or Novc-rabei at £58 103. New Zealand high point, shipment in, August, September, or October, £51; shipment in October, November, or December, i£so: fair, shipment to bo in August, Scplember, or October, JESO; shipment in October, November, ox December, J548 to £4a,

GRAIN Km> PBOT>TJCE SALES,

Messrs Donald Reid and Co. report:—Oats: No change iaa token place in the market during tie week, and except for a few- odd lots for local requirements no sales are reported. To-day's values are: Prime milling, 4a 3d; A grade Gortons, 4a 3d; beet feed, 4a to 4a Id; good feed, Sβ 9d to 4s; inferior, Ss 6d per bushel, eaoKa extras Wheat: A good demand exists for fowl-wheat, at up to & 3d per bushel, ox store. Potatoes: Few are arriving, and prices are firm at £11 for choico freshly picked lota, and £10 to £10 10s for good quality. Chaff: Although deliveries during the week have eased off, prices do not show any change, and are quoted at £7 Sβ for prime, £7 for good eound, and £5 10a to £6 for medium, of which there is a fair supply. -

Mceere Dalgoty ancl Co report:—Oats: There haa been moro inquiry of late, but little business ie eventuating, • growers not baing prepared to accept the prices offering in most oaees. Local feed requiremente are not extensive. Prime milling, 4e 3d; good to beet feed, 4s to 4e 2d; medium to good, 3.* 9d to 4s; light and inferior, from- 3b 3d per bushel, sacks extra. Wheat: Very little wheat been coming forward of late. Millers, having stocks on hand, aro unable to comply with tho restrictions placed on the carriago of it by the Railway Department. Fowl wheat is in shorter supply and meets ready sale, at up to 6s 3d per bushel, sacks extra. Potatoes: The market remains firm, the quantity coming forward of late being about equal to the demand. The bulk of tho supplies are being drawn from Canterbury and northern dtistiiots. Be3t frcehly-picked lines are in moat request. Well graded lines of seed are in good demand, and readily quitted on arrival. Best tables, to £11; good, £10 to £10 10s; medium to good, £9 to £10 per ton, eacks in. Chaff: Owing to the broken weather and dislocation of the railway traffic, supplies have been lighter during the past week, but es feeders' requirements are not heavy, prices show no alteration. The demand ia practically confined to bright heavy oaten sheaf, medium quality being neglected. Choico quality, to £1 ss; good oaten sheaf, £6 15s to £7; medium to good, £5 103 to £6 10s; light and inferior, from £4, per ton, eacks extra.

RABBITSKIN SALES.

The Dtmedin Woolbrokere' 'Association (Mesera Dalgety and Co., Todki Bros, and Co., N-ationu.l M-OTtgage and Agency Company, New Zealand Loan and. 'Mercantile Agency Co, Otago Farmers' Co-operative Association, Donald Reid and Co., Stronach, Morris and Co., and Wright, Stephenson and Co.), report:—At the fortnightly sales of rabbitskins held yesterday good sized catalogues were offered to a, full attendance of buyers. Competition was keen throughout, and! prices showed a substantial rise all round, beat sorts showing an advance of Sa to 4s' per lb. Super winter does, to 193 d per lb; first winter does, 176 d to l&ld; second winter does, 150 d to 170 d; outgoing doce, S7d to 110 d; prime winter bucks, 110 d to 129 d); second winter bucke, 96d to' 110 d; outgoing bucks, 86d V> 107 d; springs, 68d to 68Jd; incoming winters, 98d to 103 d; small, 12d to 16Jd; racks, 28d to 32d; early aiitumns, 70d to 78d; first winter black, 180 d to 190 di; second winter black, 140 d to 150 d; autumn black, 80d to 100 d; fawns, 90d to 99£ d; hareskins, 35d to 42|d; oatekins, 6d to 15Jd; horsehair 15d to 17Jd per lb.

LONDON WOOL SALES.

Messrs Murray, Roberts, and Co. have received the following wool market cablegram from their London agents:—"Soles hove closed compared with closing rates last Loneion Bales: Fine crossbred, advanced 5 to 10 per cent.; medium crosebredl, pax to 5 per cent, advanced; ooareo crossbred, declined 5 per cent. Next eales fixed to commence 15th September."

HARDWARE MARKET.

PRICES ADVANCING.

A leading Dunedin hardware merchant hos just received advice from a Sydney firm stating that the Belgian manufacturers of the well-known Bayard shot guns, rifles, automatic pistols, etc., can now execute orders, with the exception of guns, with twist barrels (and certain others listed), and that the advance on the lines obtainable is approximately 150 per cent.

The duty of foreign firearms is 33 p e r cent., and as the duty hea to ba paid on the extra f.o.b. cost, eome idee, may be obtained of the increased cost to land in New Zealand.

Advice from another Sydney firm reads: — "MAI and cable advices just to hand from A'merioa indicate that high labour coste and reduced labour production are responsible for higher prices generally, and make it necessary for manufacturers to advance their eolling prices." Particulars of the goods sold, by American firms are enclosed, and in each caee prices show an upward tendency or actual advances have taken place.

PROPERTY SALE.

Messrs John Reid and Sons (Ltd.) submitted a, number of freehold properties at auction in their rooms yesterday. The first one submitted was part allotments 4 and 5, block I, Anderson's subdivision of Roslyn, containing 29 poles, with frontage of 115 links to Delta (late Alpha) street and! substantial house ot eight rooms thereon. Bidding commenced at £1000 and the property was bought by Mr A. J. Allen at £1300. A house and freehold in Lundie street failed to reach the reserve. Allotment 24, block VIII, Regent Park, fronting Richardson street, wae secured by Mr A J. Morris "for £90, as wae allotment 26, second extension of St. Clair for £117 10s. Those -allotmente were in the ©state of the ]ate Mr Robert Cuming. An allotment in Waverley did not reach the reserve