COMMERCIAL.

Otago Daily Times, Issue 18873, 28 May 1923, Page 6

COMMERCIAL.

Daily Times Office, Saturday morning. Shredded beef suet is now available. This article is manufactured in Auckland. Ainger's emulsion is again available. Small bottles are quoted at 38s 6d and large at 6Cs Gd. A slight reduction has been recorded in the price'"’of Sander’s eucalyptus. A new line—Pals eucalyptus—has made its appearance on the market. This commodity is manufactured in Australia. Nelson’s loz gelatine, which was in ■ short, supply, was landed ex Rotorua. The quotation is 7s per dozen. Nelson’s A2 leaf gelatin© has also come to hand. Lima beans axe again available. An agency line—Whitlock’s Bengal chut-ney-i-is quoted at 15s per dozen. The chutney is manufacturer! in Wanganui. New backings of Rinoldi vcrmecelli and macaroni have arrived on th© market. Cable advice announces an increase in the cost of imported brown paper. Tho Wairuna, from San Francisco, which is now discharging at the wharf, brought fair-sized Supplies of Californian dried fruits, including prunes and seeded raisins. also tinned apricots, pears, and peaches. Honey in 2lb jars is now quoted at 20s per dozen. Coffee bottles of turpentine (“Pine Tree”) have been advanced to 15s per dozen. Three Castle cigarettes, magnums, fifties, are again, on the market. Tho price is 88s per thousand. Ceremillt has been advanced in price—25’s 6s 3d per. bag, 50’s 12s 3d. N, and B. packet peas, marrowfat, are quoted at 4s Gd per dozen. Cube sujj-ar has been advanced by £1 pgr ton. Small waxahin© is quoted at 4s Gd per dozen. Cereo and* rolled oats have been advanced 16s per dozan packets. LONDON SHARE MARKET. Press Association—By 'Telegraph—Copyright LONDON, May 26 ■' Waihi shareb: Buyers 24s 4d, aelleis 255. LONDON MARKETS. Press Association—By Telegraph—Copyright LONDON. May 26. (Received May 27, at 5.5 p.m.) Sheep.—Canterbury, GJd; North Island, heavy Gd; New Zealand ewes, 5Jd; Australian firsts sgd, ! seconds 5Jd; ewes, 4Jd; Argentine light, Gid, heavy s|d. Lambs.—Canterbruy light IOJd, medium 10Jd; seconds, lOd; North Island firsts lOd, seconds 9Jd; Australian seconds B£d, thirds not offering; Patagonian firsts 9Jd. Frozen Beef.—Argentine fores, 3d;. hinds, 5Jd. Uruguay fores, 2Jd; hinds, 4Jd. Chilled Argentine fores, 3fd; hinds, i7Jd. Uruguay fores, 3id; hinds, 7d. Others unchanged. Cotton.—June delivery, 14.42 d per lb. Rubber.—Para, 14}d x per lb; plantation smoked, 14id to 141 d. Jute. —May-June shfpni.ents, £26 5s per ton. Hemp.—New Zealand not offering. Copra.—April-May shipment, £27 per ton. Linseed oil, £47 10s per ton. Turpentine, 114 s per cwt. THE METAL MARKET. Press Association—By Telegraph—Copyright LONDON. May 24. Copper: Spot, £G6 18s 9d; forward, £67 13s 9d. Lead, £2G 6s and £25 2fl Gd. Spelter, £3O 15s and £3(l 7s Gd. Tin, £199 2s Gd and £193 17s Cd. Silver, 32 9-16 d per oz. —4,. and N.Z. Cable. HIDES. Press Association—By Telegraph—Copyright MELBOURNE, May 25. The hides market is irregular. Th© competition lacked animation, and only selected parcels maintained late prices. Th© other grades were from Jd to id lower than the previous rates. Badly-got-up parcels declined id. I DAIRY PRODUCE. Messrs Dalgety and Co. (Ltd.) report having received the following cable from their head office,' dated London, May 24. 1923: " Butter market slow. New Zealand salted, 140 s per cwt; Danish, 154» per cwt. Finest Australian salted, 138 s per cwt; finest Australian unsalted, 140 s per cwt; Australian G.A.Q., 128 s per cwt. Cheese marker weak and tending downwards. White and colour, BBs per cwt. Canadian prices, c.i.f., 80s per cwt; no buyers.’’

oamaAu markets, (From Our Own Correspondent.) OAMARU, May 26. The weather has been excellent during the week and the conditions much more favourable for farm work, and some ploughing of lea land has been done. The winter show—a remarkably good initial effort by the way—and the autumn races have, however, called attention away 1 from both work and business. The week has consequently been a’ fairly busy one for farmers in a variety of directions. The offerings of milling wheat have shown a marked decline during the week, and it is evident that little now remains in growers’ hands. There have boon a fair number of sales at full prices, but in very modest lines. Fowl wheat has been dealt in at 4s and 4s Id not on trucks, t The market for oats shows no improvement. Few growers are content to sell at current rates, and there is not much disposition to boy, except where samples are up to milling anil seed quality, and these are not often met with. Sales reported have been at the following rates: —Prime milling Gartens, 8s net at a handy siding; A grade Gartons, from 2s Bjd to 2a 10s net at country etations, according to weight, colour, and length of railage; good B Gartons, 2s 8d net at a country station; Duns, 2s XOd not at a country station. Some business has been done in good, bright oaten sheaf chaff at from £4 15a to £5 net on trucks. The sale of a parcel of cowgrasa seed is reported at BJd net at a country station. Potatoes are distinctly. weaker with very little business doing as. a consequence of

small stocks being held in the country, and growers asking i‘lo a ton net on trucks. That figure was touched last week, but merchants have discovered that local requirements can bo filled on better terms in Canterbury, and some business has been done in that direction. One small line was acquired locally at £8 not, delivered in Oamaru, but growers look sideways at such a price, and prefer to hold until there is fuller information as to the final effects of the floods north and south. There has been a fair measure of business during the week in the stock market, particularly in sheep. Tho yarding at the weekly market sale was exceptionally large, the offerings of fat sheep and lambs numbering 050 head. These sold as follows:—Prime wethers, 36s 6d; other wethers, 34s 3d' to 27s 9d; prime ewes, 2Gs 9d; medium ewes, 20s; inferior, down to 13s; extra prime lambs, 36s 9d; prime lambs, 30s to 345; others, from 24s 3d to 295. Other sales were as follows: Sound-mouthed ewes in poor condition, 22s 3d; failing-mouthed owes. 17s; good store wethers, 24a 3d; other wethers, 17s 6d; good Romney cross ewe lambs, 24s 6d: good forward store lambs, 21s 9d. Tho sal© at the Duntroon yards on the following day showed a. filling off in bath quantity and quality, and the range of prices was as follows: Best fat lambs, 28s 6d to 30s; medium fat lambs, 24s 6d to 27s 6d; light-weight fat wethers, 25s to 2Gs 3d; aged eWes. lls 6d to 14s lOd and down to 6a 6d for others in low conditions; mixed-sex hoggets, 22s 6d to 24s Id; halfbred wethers lambs, 16s to 17s 6d. The most noteworthy thing in connection with business in sheep done by private treaty was the sale of a lino of prime fat wethers to a Dunedin buyer at 37s 6d. Other business has been done at tho following prices: Mixed two, four, six, and eight-tooth ewes, 345; halfbred six and eight-tooth wethers (a line of 400), 245; four-tooth throo-quarterbrecl wethers, 245; backward eight-tooth halforbd station wethers, Ifis; mixed-sex lambs (a line of 500), 22s 6d, rape lambs, 225; store lambs, 16s 6d; fat ewes, 20s. There was a big yarding of fat cattle at tho regular market' sale, but the animals lacked finish and prices were consequently not good, as follows:—Best bullocks, £7 10s; others, from £1 to £6; best heifers, up to £6; others, from £2 10s to £3 10s. A very big offering of store cattle met with a poor reception, the bulk consisting of back-country stuff, rough in condition and requiring handling, There were no buyers for these, and outside of a pen of two-year-old heifers, which went at £1 10s, tho lot were passed. A Holstein cow brought £ls and a Holstein heifer calf £7 10s. Of a small yarding of dairy stock the most conspicuous was a line of heifers rising two years, and due to calve in the spring, which brought £3 15s all over. At the Duhtroon sale dairy cows at profit sold up to £7, and springing three-year-old heifers realised from £5 to £8 10s. Sales of cattle by private treaty have been made »s follows: —Fat bullocks, from £6 10s to £9, or about 25s per lOOib; fat cows, from £4 to £5, about 15s to 17s Gd per 1001 b; three-year-old store steers, £5; 2J-year-old steers, £3 10s; two-year-old steers, £2; 18-montha-old steers, £1 30s; yearling steers, £1; calves, 15s to 17s 6d; dairy cows in profit, £9 to £lO and up to JOl2 for good quality; three-yearold heifers, just calved, £6 10s; two-year heifers, just calved, £4 10s SOUTHLAND MARKET REPORT. (From Obb Own ConnESPONo-vT.), INVERCARGILL, May 25. GRAIN. Oats.—The market is again if anything a shad© easier, with merchants disinclined to operate. The basis of values to farmers, depending on distance from the port, is 2s 9d for A grade and 2s 7d for B, lower qualities in proportion. Special lines fit for seed purposes will bring somewhat better rates. There have been one or two inquiries from Australia, but indications are that there is not much possibility of any business of any size resulting, owing to the fact that good rains have been fairly prevalent. Failing the Australian demand, the general impression is that, as there is more than sufficient for- New Zealand requirement, prices will rather recede. Chaff.—ln the absence of any outside demand, which is possible only by rail on account of the heavy freight by boat, the market is confined to local requirements. Merchants being fairly well stocked are disinclined to give more than £3 15s per ton on trucks for really prime lota. Grass Seed. —The grass seed market during the week has improved somewhat owing to some demand for shipment overseas. Only occasional lots are now offering from growers and tho bulk of the season's crops is undubtedlv now in the hands of merchants. Prices to farmers for heavy-weight seed now approaches 5s per bushel if the seed has been well treated by the mill. “Wheat. —A good deal of business has been done between millers and growers at arranged prices. There is a fair demand for fowl wheat at about Ss 9d per bushel, hut really prime is worth up to 4s per bushel at handy sidings, LIVE STOCK. During th© past week the live stock market has remained practically unchanged, there being little alteration in the prices. Extra prime ox beef, 19s to 21s per 1001 b. In this section the market is over-supplied. The fat sheep market still remains the same, good supplies coming forward. The store sheep market is unaltered, with no difference in prices. The store cattle market is very depressed with little or no demand for this class of stock. The following prices may be quoted: Fat Cattle.—Extra prime ox beef, 20a to 21s Gd per 1001 b; prime heifer beef, 15s to 17s; cow, 10s to 12s 6d. Extra prime bullocks, up to £9; average, £6 10s to £7; lighter sorts, to £4 10s; extra prime heifers, up to £5; average, £3 15s up to £4 ss; lighter, £2 15s; extra prime cows, £4 ss; average, £3 to £3 2s Gd; lighter, £2 10s; Fat Sheep.—Extra prime wethers, up to 355; average, 32s to 33s Gd; light and unfinished, 275; extra prim© ewes, up to 20s; average, 17s to 18s Gd; lighter, Is. Fat Lambs.—Average price, per lb for first quality; 8d for second. ’Prime lambs, 2Gs 6d; average, 23s to 24a Gd ; lighter, 20s. Store Cattle. —Forward three and four-year-old bullocks, £4 to £4 10s ; two and 2i-year-old bullocks, 355; yearling and 18-month steers, 20s to 355; heifers due to calve September, £3 to £4 15s; extra good dairy cows in profit, up to £ll. Store Sheep.—Extra good two-tooth ewes, 34s Gd; four, six, and eight-tooth ewes, 27s Gd to 30s; guaranteed s.m. ewes, 25s to 26s Gd; f. and f.m. ewes, 12s to 14s, according to condition; inferior and cully, 7s Gd; good two-tooth wethers, up to 24s 6d; four and six-tooth, 26s Gd; good mixed-sex lambs, 18s; average, 16s to 17s; inferior and cully, 9s Gd. NEW COMPANIES. The Mercantile Gazette announces the registration of the following new companies:— Barth Electrical Supplies (Ltd.). Registered as a private company, April 19. Office: 61 Princes street, Dunedin. Capital : £2IOO, divided into 2100 shares of £1 each. Subscribers: Dunedin—A. Fieldwick 500, W. Nicolson 400, E. Barth 100, G. H. R. O. .Fenton 200, B. N. Barth 100, H. E. Barth 600, J. J. Ronaldson 200. Objects: To carry on tho business of engineers, machinists, oxy-acetono, and electric welders, vuleanisers, metal and wood workers, dealers in electric installations and equipment and all business of a like nature. Langley and t Son (Ltd.). Registered as a private company, May 10. Office; 71 Maclaggan street, Dunedin. Capital: £BOOO into 8000 shares of £1 each. Subscribers: Dunedin—Agnes Ottolangui 25, V. A. D. Ottolangui 7900, G. G. Notman 75. Objects: To acquire and take over as a going concern the business now carried on under tho stylo of Langley and Son, and to carry on all or any of the businesses of manufacturers’ agents, wholesale china, glassware, fancy goods, and hardware merchants, and all businesses of a like nature. Birchwood Coal Company (Ltd.). Registered as a private company, May 15. Office: Dunedin. Capital; £IO,OOO into 10,000 shares of £1 each. Subscribers: Dunedin —“W. A. Flavoll 5400, J. S. Jack 4600; Nightcaps—Win. Reed 2000. Objects: To mine for and win the coal contained in any seams, mines, or lands which the company may acquire and to sell and dispose of the coal so mined and won and to deal in coal and coal products generally. Ford Motors, Dunedin (Ltd.). Registered as a private company May 16. Office; Hope street, Dunedin. Capital: £IO,OOO into 1000 shares of £lO each. Subscribers: Dunedin —J. G. Phillips ICO; Wellington—R. B. Gibbons 9CO. Objects: To acquire and take over as a going concern the business now carried on at Dunedin by the Ford Motors (Dunedin), to manufacture, repair, sell, and deal in automobiles, motor-cars, motortrucks, motor vehicles, and general incidental.

THE FRUIT AND PRODUCE WORLD,

Reilly’s Central Produce Mart (Ltd.) report: Consignments generally are in excess o£ requirements, sales if anything are rather slow. Wo received and sold:—-Violets: Small bunches, 2s 6d, 3s, 3s fid, ss, 5s fid, 6s fid, 7s; other flowers, 2s fid per dozen bunches. Tomatoes : Local hothouse, lOd, lid, Is OJd, Is Id. Is 3d, Isfijd; Otago Central, 8d,9d,10d. Grapes: Gros Colmars, 2s, 2s 2d, 2s 3d, 2s 7d, 3s, 3s Id. Shallots, 3d. Pickling onions, 1 Jd. Brussels sprouts, 7Jd, Bd, 9Jd. New season s walnuts, Is, Is Id, la IJd. Peanuts: Choice quality. 7d per lb. Almonds, lOd. New season's Adelaide dried apricots: Choice, is sd. New season’s Adelaide dried peaches, Choice, Is 3d pet lb. Pears: Choice desserts, 6s 6d. 6a, 6s fid, 7s, 7s fid, 8s; others, Is to 3s fid. Apples; Delicious, choice 10s, Us fid, 12s, 12s fid; Jonathans, Ss fid, 6s, fis fid, 7s fid, 8s; cooking, choice, 6s fid, fis; inferior, 2s to 3s fid. Lemons: American, 60s, Passions: Choice, Its fid, 18s, Rarotonga oranges; Choice, 18s, 20s. Bananas; Ripe, 30s; Suva’s, green 27s fid. Pie melons, 12s fid. Pumpkins, fis per cwt. Artichokes, 9s fid per cwt. Cucumbers, 5s fid, 10s fid, 12s. 12s fid. Cabbages, 2s fid to 4s fid. Cauli.flowers, 2s to 8s 6d. X/sttuce, Is, Is 6d per dozen for choice. Vegetable marrows, 7s fid. Potatoes; Northern, £9 10s; southern, fib 10s per ton. Carrots, 7s. Parsnips, 8s fid, 9s fid. Swedes: Choice, 3s fid. Onions: Choice Melbournes, 10s; Canterbury, 7s fid cwt. Tea: Broken Orange Pekoe, 2s fid. Butter: Dairy pats, la 6d; separator pats. Is 7d; milled, is fid. Cheese, IOJd. Beeswax, Is Cd. Bacon, lOJd; lid, HJd, t Is. Pigs: Heavy consignments forward. Prime porkers, 6Jd, 7d; prime baconers. 6id; heavyweights, to 4Jd. Honey: Bulk, Sid, fid; sections, choice 12s; Jib pats, 3s 9d per dozen; 101 b tins, 6a fid, 7a fid each. Eggs: Stamped, 2s 9d; cased, 2s 7d; preserved, Is Bd, la 9d dozen. Tallow, 22a, 22s fid, 245. Molasses, 8s fid per cwt. "Moose” linseed oil cake meal, 17s fid. Fowl wheat, 4s 2d, 4s 3d, 4s fid. Oat dust, 3s fid per sack. Oats; A Gartons, 3s 3d; B, 3s. Oat sheaf chaff: Prime quality, £5 ex truck. Pur© sulphate apple wrapping paper: 10 x 10, 3s 3d per ream. Woodwool: Special quality, 30s per hale. Rabbitskins, tb 54Jd per lb. ’’X Keys” mcatmeal, 16s per 1001 b bags. “Giraffe” brand lime sulphur: 4-gallon tins, 2s 9d gallon; 1-gallon tins, 3s 9d per gallon; in casks, 2s per gallon. Black leaf 40: 101 b tins, 68s; 21b tins, 18a; Jib tins, 6s fid. Poultry; About 840 birds penned. Hens realised 3s fid to fis 2d; pullets, 4s 2d to 19s; cockerels, 3s 3d to 10s; ducks, 4s 8d to Ga 2d; pigeons, Is 4d to Ta 8d (all at per pair). Turkeys, 9d to 9Jd per lb. E. OSWALD REILLY, Managing Director, Moray Place, Dunedin.