COMMERCIAL.

Otago Daily Times, Issue 18768, 23 January 1923, Page 6

COMMERCIAL.

DAIRY PRODUCE. (Peb United Press Association.) WELLINGTON, January 22. The Nationul Dairy Association has received the following cablegram from its London office under date January 20; Butler.—The market is quieter. New Zealand salted, 196s' to 19Ss; unsaltcd, 198 sto 200 s; Australian salted, 190 sto 1925; Danish salted, 210 s to 2125. Cheese.—The market has smartly declined with less demand. The position is affected by re-selling forward bought cheese, which shows a good margin of profit to the original buyers even at the reduced current values. PRICE OF MUTTON SHARP RISE AT CHRISTCHURCH. (From Oub Own Correspondent.) CHRISTCHURCH, January 22. Owing to the very small yarding of fat sheep at the Addington market on _Wednesday mutton showed a sharp rise in price, with the result that the retail prices have now firmed. The comparison between the prices ruling at Addington on Wednesday and those at this time last year shows what a big increase has taken place. Tire prices at the sale on January 18 last year are given in parentheses:—Extra prime wethers, 37s Gd to 42s (22s to 2Gs Gd); prime wethers, 33s to 37s (18s Gd to 21s Gd); medium wethers, 31s to 33s 3d (16s to 18a); inferior wethers, 27s 3d to 30s 9d (13s to 15s Gd); prime owes, 3l)s Gd to 32s 9d (13s 9d to IGs 7d); medium ewes, 27s 3d to 30s (11s 6d to 13s Gd); old owes. 20s to 23s 6d (6a Gd to 11s), t Following arc some present retail prices of mutton, those ruling at this time last year being given in parentheses: Forequarters, 5Jd to Gd per lb (3d to 3 a d), legs, 9d per lb (6,1 d); chops, 5d to 9d per lb (3d to 7d). , , x Last Wednesday butchers bad to pay over 10d per lb for lamb at Addington. At the sale on January 18 last year the most they had to pay was 7d per lb. GRAIN AND PRODUSE. Messrs Dalgety and Co. (Ltd.) report as follows; Oats.—Grade oats are in keen demand, and prices are much firmer. We quote: A. Gaitons, 2s lOd; B Gartons, 2s 8d; undergrade, from 2s per bushel; sacks extra. Chaff. —The scarcity of good heavy lines continues, and there is strong inquiry at increased rates. Wo quote: Prime oaten sheaf, £5; good to best feed, £4 5s to £4 15s; inferior, from £2 per ton (sacks extra). Messrs Donald Reid and Co. (Ltd.) report as under: Oats. —Tho market for grade oats has advanced, and merchants, are keen buyers. We quote; A Gartons, 2s lOd; B Gartons, 2s 8d; under-grade, 2s to 2s 4d per bushel, sacks extra. Wheat.—The Government will not accept wheat after the end of February. Several lines of wheat from Milton and surrounding districts were submitted to tho grader, and in all GOO sacks were passed as milling. Chaff.—The market for good quality is firm. Supplies are short, and prime chaff is selling at £5 per ton, ex truck. Good to best feed, £4 5s to £4 10s; medium, light, and discoloured, £2 to £3 10s, sacks extra. LONDON WOOL SALES. Messrs Dalgety and Co. (Ltd.) report haying received the following cable from their head office, dated London, January 19: Merino three-quarter to full woolled, 16Jd ; merino quarter to half woolled, 14d; short and shorn, Bd;crossbted three-quarter to full woolled, fine, 12.1 to 18d; crossbred threequarter to full woolled medium and coarse, 8d to 12d; crossbred quarter to half woolled, fine, Sd to ltd; crossbred quarter to half woolled, medium and coarse, 7d to 10d; crossbred short and shorn, 6d to 7Jd; lambs, 8d to 12d. Four thousand six hundred and twentyfive bales of sheepskins were offered and practically all were so’d, America buying crossbred! actively. Australasian: As compared with last sale’s closing rates, merino prices are higher 7} per cent, fine crossbred are higher 10 per cent, coarse and medium crossbred are higher 10 to 15 per cent; this advance applies more especially to the better grades. Scott Bros., produce merchants and commission agents, agents for tho Egg and Poultry Growers’ Association, Dunedin, report;—Eggs ; Fresh, 9d to lOd; Circle stamped, Is per dozen. Butter: Dairy, Is 3d to Is Id per lb. Honey: Prime clover, bulk 6d per lb; 10lb tins, 6s to Gs 6d each. Beeswax, Is Gd per lb. Fat, 18s to 21s per cwt. Poultry; Hens, 2s to 3s per pair; ducks, Gs per pair; geese, Ss per pair. Turkeys : Hens, 9d per lb; gobblers, lOd per lb. Pigs: Baconcra, 61d; porkers, 6Jd per lb. Potatoes: Oamaru, 7s to fis per cwt. Onions To hand, 14s per cwt. Chaff: Prime oaten sheaf, £4 15s per ton, sacks extra; medium quality, over supply. Oats, 3s per bushel, sucks extra. Whole fowl wheat, 4s 6d per bushel, sacks extra. Straw: Pressed wheaten (quiet), £3; oaten, £3 10s per ton, ex store. Please note: Pigs and poultry must arrive not later than Thursday mornings.. Wo can supply petrol, motor lubricating* oils and greases, lucerne and poultry meal, hulled oats, shell grit, Fareora meat meal, log rings, toe punches, charcoal, wire netting, Star brand chicken food, and egg crates. J anuary 22.