COMMERCIAL.

Otago Daily Times, Issue 18465, 28 January 1922, Page 8

COMMERCIAL.

Daily -Times Office, Friday evening. Private cable messages from Liverpool state that Argentina ia harvesting, the wheat crop favourably. Offers to 'sell' have been increased, and there in ft tendency to force saleo. Satisfactory rains hove fallen in India, and the general position is unchanged. The Continent is taking full eupplieo of wheat. Great activity is being shown in loading wheat for oversea (aays . the . Australasian). The steamer Willast-on is loading at Geelong a full cargo of approximately 7700 tons for the United ‘ Kingdom or Continent. At ■Williamstown tho s.s. Shimpo Maru has completed loading 1160 tons for Japan. The Braunfels is to lift about 6800 tons for the United Kingdom or the Continent, and the Yeikoku Marn will begin loading for Japan three cargoes of wheat amounting to 2300 tons. About 5000 ions are being lifted by the Clan Macdonald, and the Tango Maru, now at the Victoria dock, is taking about 1400 tons. Both these shipments are for Japan. Further prospective shipment i of wheat to Japan are 6500 tons on the steamer Fishpool, 6500 tons on the Greldon, 5000 tons on the Yehine Maru, and 6500 tons pn the Nankai Maru. LOCAL MARKETS. ■Wheat-cutting has now commenced on the Taicri, and provided that there is dry weather milling wheat should bo available in about three or four weeks’ time. The samples promise to be good. The Government in the meantime is paying growers the fixe/ 5 prices for wheat thrashed up to the ond ot February. Lhcoe prices are—Tuscan and. similar varieties, southern ports, 5a 6d per bushel, Hunters 6s 9d, Pearl 6s 3d, with increments every month, the nuns as last : year n

This year the price* to the growers on trucks at country station have been fixed at a different rate from last season. The Government has now inetructod brokers to deduct through store charges, besides the ordinary £.o,b. charges. Millers’ prices are aa follow:—Flour, £2l 10s per ton; 100’e, 4Si2 10s; 60’s, £23; 25’a £23 10a. Bran, £7 per ton. Pollard, £lO. Pearl barley, £lB, Oatmeal—2oO’s, £lO.. other quantities, £2O. At. the beginning of the week 'there were sellers of oats for forward delivery, .but the position has - now been changed consequent on inquiries being received from Australia. It is difficult to ascertain what business has been done. So far as Dunedin is concerned, however, no sales have been made to Australia. The inquiry, nevertlmless, hae firmed the market, and any holdere of spot stocks have withdrawn their quotations. There are local buyers for these stocks at Bs, f.o.be.i. for B’s and 3s Id for A’s, hut holders ate not prepared to accept these prices. North Island merchants' arc also not prepared to pay more than the above quoted prices, either for prompt delivery or forward shipment. PRODUCE REPOET. Heavies ■ consignments Of chaff have been arriving on the market, but os feeders ore using very little chaff sales; are difficult to effect. Good quality is worth £5 to £5 5a per ton, socks extra, ex truck. Many householders* are now using their own crops of potatoes, and the demand has slackened, causing a drop in prices. Oamaru and Taieri-grown are selling at £7 to £8 per ton, sacks included, but there are not a great number of buyers at these figures. The forward market for forward delivery, which dropped to £6 5s per ton, has again firmed to £5 10s. . Eggs are a little firmer in price. ' ’ New season’s Canterbury onions are now on the market. Prices for, bacon are weak. Current wholesale prices are as follow: — Chaff: Prime, £5; medium and light, £4 10s to £4 15s. Potatoes, £7 to £8 per tom. Eggs: Starfiped, Is 4d; plain ls.2<L Dairy butter: Bata, lOd;' milled, lOd. Onions: Now season’s Canterbury, 10s per cyrt. Bacon; Rolls, Is per lb; sides, lid. Hams, la 2d. FRUIT REPORT. Fair quantities of stone fruit have arrived from Otago Central. The market is a little firmer for both apricots and peaches. Plums have not been in such good demand, but prices firmed towards the end of the week. A few crates of cherries came to hand during the week, hut these were only in lair Order. ' Christchurch-grown tomatoes eased in price at the beginning of the Week, consequent on supplies arriving from Nelson, The John brought another large supply from Nelson, but as most of the tomatoes were on the. green side high prices did not rule. / ■ The John also brought a quantity of Raro-tongian-grown bananas.. The fruit was exceptionally ‘ large, and realised good prices. Supplies of Fiji bananas should reach the market about the end of next week or early the following week. The market is clean of oranges at present. No doubt more will be here next week . A small line of watermelons is due by the Woikouaiti in a few days. • • : A few lines, of American apples are still coming forward. These are being transhipped from the North Island The demand is poor. Stunners, ex Canterbury cool stores, ore still on the market. New season’s cooking apples are arriving from Canterbury and the Taieri, and selling readily. A. few., early desserts, grown in the Central, are selling at up to 12a 6d per case. Raspberries continue to,meet a strong demand. Supplies, however, are easing off. Strawberries are about finished. Locally-grown ..vegetable marrows are more plentiful They are selling at 6s to 5s 6d per bushel case. French beqns are bringing 4d per lb. Other vegetables are such good demand. Current wholesale prices are as follow: — Apples: American, 18s to 235.Lemons: Californian, ,45s to 50a. Oranges; .Californian, 60s. Bananas: Ripe, 30s to 38s; Baratongans, 20s to 22s 6d. Tomatoes: Christchurch hothouse, 10d to' la 2d; seconds, 6d to 9d per lb; local, Is Sd to la 6d; Nelson, coloured to 15s per case, green Ss to 10s. ...,-■ Cherries, lOd to Is. Raspberries, lod .to Is per lb. Grapes: Lo<«], .Is 8d to 2s. Plums: Dessert, 4s to 5s per half-oaso; cooking, 2s 9d to 3s 6d crates; 3d to 4d fo.* choice. Aprioots: Crates, 3d to 4Jd per lb; haifcaaes, 4s to 6s. / . . • Peaches: Crates, 4fd to 6d; 3s 6d to ss. New potatoes; Local. Id to lid; Oamaru, 6s to 8s par owt. Table carrots, 3s to 5s pea: bog. Cabbages: Best, to 3s per sock; medium size, from Is 6d per sack; inferior, to Is per case (unsaleable). ' Cauliflowers; Choice, to 7a per dozen; prime, 4s to 6s per dozen; medium, 2s to 4s per dozen, and to 6s per sack Rhubarb, 2s per dozen bunches; loose, from Id to lid per lb. ; Green gooseberries, lid to 2d per lb; ripe, Sid. Lettuce: Choice, to 3s'per dozen;, small. Is per dozen. ' Radish, 6d per dozen bunches, ’ > White turnips, 6d to Is per dozen bunches. Green , peas, Id to 2Jd per lb. Cucumbers, 6s to 12s per dozen. THE WOOL MARKET. REDUCING “BAWRA” STOCKS. Press Association—By Telegraph—Copyright . . ADELAIDE, January 27. A statement by the chairman of the Wool Realisation Association shows that in the past year, including the Now Zealand “carry oyer ’’ wool, which is almost wholly crossbreds, the disposals of “Bawra’’ offerings totalled 139,000 .bales. The stocks in hand on January 1 totalled 634,000 bales, including 37,000 greasy crossbred, 126,000 slipes, and 123,000 scoured. > There are still 399,000 bales of “Bawra’’ in the commonwealth, which it is proposed to ship at the rate approximately of 30,000 bales monthly. It is expected that the whole will be consigned by, the end of the year. WOOL SALES IN ENGLAND. Press Association—By Telegraph—Copyright. LONDON, January 28. (Received Jan. 27, at 5.5 p.m.) At the mixed wool sale there was a poor selection of merinos, but prices were very firm. Greasy crossbreds sold well at full late rates to Homo buyers and the Continent. At Bradford firm prices ruled, with a hardening tendency. Quotations are as follow; For March delivery, 64’s, sld to 51d: SB’s, 42d; 50’s, 21id- —A, and N.Z. Cable. PALMERSTON STOCK SALE. (inoM (niK Own Corrkspokdkjtt.i PALMERSTON. Jannary 27. The monthly stock sale was held yesterday. There was a very small all-round yarding. If anything, prices were somewhat better than those ruling at last sale, though bidding was rather slow and nnspirited. SOUTH AUSTRALIAN WHEAT STANDARD. ADELAIDE, January 27. The South Australian'wheat.standard for the season 1921-22 has been fixed at 60lb. > to- ' AUSTRALIAN HIDES MARKET. MELBOURNE, January 27. • The hides market is firm.' Stouts and hides showing substance advanced id. Other grades are , unchanged. - / AUSTRALIAN MARKETS. MELBOURNE, January 27. Barley; English,. 4s sd. to 4s 7d. Oats: Milling, 3s 4d; 3s 2d to 3a 3d. Maize, i 6s. Potatoes, £3 10s . to £4 10a, Onions/ £6 10a to £7 ss. WELLINGTON FRUIT MARKET. Messrs Leery and Co., Wellington, report a keen demand for good Otago fruit. Consignments of which ore strongly recommended. 'Present values: Apricots, choice, 7s to Bs. Peaches, dessert, 7b to 8s 6d. Pears, Williams, 4s 6d to ss. Greengages, 7s to ft* per half-case. CANTERBURY MARKETS. fPBB IT NTT ICO I‘KiS* ABSOOIATIOS.) CHRISTCHURCH, January 27. Quito a steady amount of business lias been done during the week, particularly in oats, which have been quite lively. A number of inquiries from Australia caused a stir among Christchurch sellers, and as a result of the business done values in oats have gone'.up lid to 2d. Some good parcels were sold during the week, but yesterday the demand showed an easing off. Practically all the Algerians available have been disposed of. It is stated that there has been a growing, inquiry lately for wheat for early delivery, some millers having allowed) their supplies to become pretty low. On the other hand a number of millers have quite a lot of old season’s wheat to grist before thev will have any reed to look around for new grain. Perennial and Italian ryegrass i reported to bv a little firmer due, no doubt, to the rei ate thatjth© thrashing results in oonnection with these lines have not been very favourable. The protracted sped of dry weather is causing a lot of seed to wiUier instead of ripening properly, pan * similar ICSHfm ft Ci cocksfoot

will mot to up to the usual quality. No sales of this seed have been reported during the past few days. Merchants state that they have not beard any reports of blight among the, potato crops in North Canterbury, whatever may be the case in the south, and they say that the present weather is conductive to good crops. A fair amount of business is being done for forward delivery, particularly April and May. . ; , ; Fraser and Co., auctioneers, produce merchants, commission agents, and agents for the Otago Egg Circle, 146 Crawford street, Dunedin, report;—Eggs: Market firmer. Wo quote Otago Egg Circle eggs, Is 3d to la 4d; plain, Is 2d. Butter: Market weak and unsettled. Dairy pats, to 9d per lb. Pigs: Demand for good baooaera ; is poor. We quote: Bacon pigs, sid to GJd; porkers, EJd to GJd; over-weights, 4d par lb. Tallow: Market stationery; from 10s to 11s per cwt. according to quality. Honey; Demand is poor; prices are nominal. Prime bulk, to 6d; 10lb tins, 6s to 6a 6d. Beeswax, Is 6d to As 9d per lb. Potatoes: Owing to the holidays and the arrival , of largo quantities! from the north, the potato market has eased very much. Wo qnot© Peninsulas, f id: per lb; Oamarus, 7s Gd to 8s per cwt. , Prime onions, 10s per owt. We have the Otago agency for the Champion egg crates, price 17s Gd each. Orion colony brooder, £ls. "Star P” poultry mash, 16s Gd per 1001 b bag. “Star P” chick food, 27s 6d per 1001 b bag. Duoerne meal, 13s Gd per 1001 b. Meggitt’s calf meal, 17s per 1001 b. vPonltry: Quantity coming forward is increasing, but the prices promise to be lower for Thig coming season. Hens to 4s per pair; cockerels, to Ss Gd per pair; roosters, to 4s per pair; dneks, to 10s per pair. BRAY BROS., ■. Auctioneers, Dunedin. Consignments of poultry,- pigs, eggs, honey, and butter are urgently wanted, also fruit and all farm produce. Prompt attention given to correspondence, and inquiries in> vitod.—Advt.