COMMERCIAL.

Otago Daily Times, Issue 18515, 28 March 1922, Page 4

COMMERCIAL.

BUTTER A NT} CHEESE. Messrs Dalgety and Co., Ltd., report haying received the following cable from their head office, dated London, March 24, 1922: “Butter.—Brisk demand, market very firm, more demand for salted than unealted. We quote New Zealand salted, £9; Danish, £9 14b; finest Australian salted, £8 10s; finest Australian unsalted, £8 10s; Queensland, £8 Bs. Recent sudden and unexpected risea caused by much smaller arrivals and consequent scarcity available supplies, also by the fact that Government stocks now gone into consumption or have been shipped to the Continent. "Cheese. —Good demand; Nev* Zealand colour, £4 14; white, £4 14s;, Australian colour, £4 10s; white, £4 Bs.”

THE WHEAT MARKET. Pres* Association— By Telegraph— Copyright. LONDON, March 25. The wheat market ie steady, but it lacks buying interest. Australian cargoes—afloat 575, April 575; parcels—afloat 56s. —A. and N.Z. Cable. P. and 0. COMPANY. LONDON, March 25. The P. and O. stock-holders were allotted 30 per cent, of the amount applied for in the issue announced recently. Other investors were allotted 12 per cent.—A. and N.Z. Cable. SYDNEY WOOL SALES. SYDNEY, March 27. (Received Mjarch 27, at 11.15 p.m.) The wool sales continued with keen competition for all lines, lata rates being maintained. - CHRISTCHURCH WOOL SALE (Psb United Pbrss Association.) CHRISTCHURCH, March 17. The fourth and final wool sale of the season was held to-day, when 9934 bales were offered. The quality was very moderate, there being a big proportion of seedy and stained wool entered. The sal© showed • a distinct improvement on the February auction, for all classes an advance representing from par to three farthings, and up to one penny in the case of good halfbrede. There was a clearance of from 80 to 85 per cent, of the total catalogues. The bulk of the buying was done by Bradford representatives. A satisfactory feature of the sale was the animated crossbred demand, it being easily the best coarse wool sale of the season. The competition of local mills was restricted to merinos, and the finest crossbreds. Bidding throughout* was remarkably keen, and, considering the quality of the offering, the most satisfactory sale of the present series. Values were; Merinos.—. Super., 17d to 19Jd; medium, 14Jd to 16Jd; inferior, lOd to 12Jd. Halfbred. —Super., 13Jd to 15Jd; medium, 10 Jd to ’ I3Jd; inferior, 'Bd to IOJd. Corxiedale.—‘Super., 13RI to 144 d; ordinary. lOd to 13d. Three-quarterbred.—Super., 8d to 12id; medium, 61d to 7id; inferior, 4Jd’ to 6d. Medium Crossbred.—Super., 7Jd to 10id; medium, 6d to 7id; inferior, 4Jd to 6d. Coarse Crossbred.—Super., 54d to Gid; medium, 4£d to sd; inferior, 3Jd to 4d. Merino piews, 74d to 14Jd; halfbred, 44d to 12id; crossbred, 3d to 7d; crutchings, 8d to 6Jd; locks, 3d to 6id. GRAIN AND PRODUCE. Messrs Donald Reid and Co., Ltd., re* port as under: Oats.—Owing to the unfavourable weather for threshing the />at market has improved. A grade Gartons are saleable at 2s 84, ex truck, sacks extra. Wheat. —Millers are keen buyers of any lines snitablc for milling. Potatoes.—The market is firm. Best Taieri tables, £6 10s to £7, ex truck. Chaff.—We quote: Prime chaff, £5 to £5 2s 6d; good to best feed, £4 15s to £4 17s 6d, sacks extra. Messrs Dalgety and Co., Ltd., report as follows: Oats.—There is a fair quantity offering, hut as farmers’ ideas of value are above merchants’ limits there is not a great deal of business passing. W© quote; A Gartons, to 2s 8d: others, 2s 6d to 2s 7d per bushel (sacks extra). Chaff.—Ae a result of the continued bad weather supplies are still on the light aide and prices firm at late rates. W© quote: Prime oaten sheaf, to £5 2s 6d; good to best feed, £4 15e to £5 per ton (sacks extra). Potatoes. —Prime Taieri, £6 XOs to £7 per ton (sacks in). PROPERTY SALES. Messrs Alex. Harris and Co. report having held an auction sal© yesterday of properties in the estate of the late Mr E. S. Paterson. There was a large attendance of buyers, thq. bidding being very keen throughout. The following prices were realised:—Lot 1: A eixroomed villa with over half an acre of land, situated in Warrington, was sold to a client for £900; sections 4 and 5, Warrington Extension, No. 6, sold to a client for £3O each, and section 6 to same buyer for £2B 10s; sections 11 and 12 to Mrs A. R. Falconer for’ £35 each; section 17 to Mr Wilkinson for £45; section 25 to Mr Perry for £105; section 26a to Mr Greensladle for £54 10s;

section 24 to Mr Glasson for £3O; sections 22 and 23 to Mr MTutyre for £3O each; sections, 47, 57, and 70, township of Papatowai, Gatlins River, to Mr D. P. Clements for £22; Buick motor ear to Mr King for £225; part of section 48, Dunedin, fronting Maclaggan street with a double storey brick building thereon, sold to Mr Turnbull for £500; sections 2,3, and 4, North-East Valley (Lindsay’s bridge), were sold privately after the sale at a satisfactory price. Ross Point Sections (the lot being sold). — Section 5, Mr May, £5 10s-; 7, Mr Stokes, £l2; 8, Mr Walker, £ll 10s; 9, Mr Armishaw, £6; 10, Mr Grimmett, £6; 11, Mr Hughes, £l2; 12, Mr Kennedy, £6; 14, Mr Kennedy, £11; 15, Mr Wright, £l4; 16, Mr Wright, £ls 10s; 17, Mr Hall, £l7; 18, MT May, £2l; 19, Mr Pizey, £22 10s; 20, Mr Little, 27; 21, Mr Wright, £3O; 27, Mr Gore. £3l; 28, Mr Patterson, £25; 29, Mr Gillem, £25; 30, Mr Lay, £24; 81, Mr Peters, £25; 32, Mr Wright, £26; 33, Mr Smith, £25; 34, Mr Kennedy, £23; 36, Mr Evans, £18; 37, Mr Hughes, £l7; 88, Mr Grimmett, £10; 39, Mr Armishaw, £10; 40, 41, and 42, Mr Brown, for £18; 44, Mr M’Lennan, £l4; 45, Mr Pyke, £l2; 46, Mr Pyke, £l4; 47, Mr Brown, £ls; 48, Mr Evans, £l2 10s; 49, Mr Walker, £l2; 50, Mr Grimmett, £l2; 51, Mr Richards, £l2 10s; 52, Mr Walker, £l4 10s; 63, Mr Walker, £l3 10s; 54, Mr Kennedy, £11; 55, Mr Kennedy, £ll 10s; 56, Mr Sell, £l6; 57, Mr Sell, £l7; 58, Mr Conroy, £18; 64, Mr Evans, £26 10s; 65, Mr 'Campbell, £l9; 67, Mr Campbell, £22; 74, Mr Harbrow, £2O; 75, Mr Richards, £22; 77, Mr Clark, £l7; 78, Mr Armishaw, £25; 79, Mr Wright, £26; and 80, Mr Wright, £26.

Scott Bros., produce merchants and commission agents, agents for > the Egg and Poultry Growers’ Association, Dunedin, report:—Eggs; To-day fresh, 2s 2d; Poultry Association, 2s 3d per dozen. Butter; Dairy, la Id to Is 2d per lb. Honey; Prime clover, bulk, 6Jd per lb; 101 b tins, 6s 6d each. Beeswax, Is lOd per lb Pat, 18s to 21s per cwt. Poultry: Hens, 8s 3d to 3a 6d per pair; cockerels, 4s to 6s; ducks, 6s 6d per pair; geese, 8s per pair. TurkeysP Hens, Is Id; gobblers, le 2d. Pigs: Prime baconers, 6|d to 7d per lb; porkers, 6td per lb; overweights, 3d to 4d per lb. Bacon, lOd and lid per lb. Potatoes: Best table, £6 10s to £7 per ton. Onions: Canterbury®, £7 10s to £8 per ton. Chaff: Prime oaten sheaf, £5 per ton, sacks extra. Oats, 3s per bushel, sacks extra. Whole fowl wheat, 5s Gd per bushel, sacks extra. Straw: Pressed wheaten, £3; oaten, £3 10s per ton. We can supply petrol, motor lubricating oils, and greases, lucerne, and poultry meal, hulled oats, shell grit, Pareora meat meal, leg rings, toe punches, charcoal, wire netting, Norton’s egg preservative, Star brand chick food and egg crates. March 27.