COMMERCIAL.

Otago Daily Times, Issue 18898, 26 June 1923, Page 6

COMMERCIAL.

LONDON MARKETS. The National Mortgage and Agency Company are in receipt of the following cable from Messrs A. J. Mills -and Co. (Ltd.). London, dated Juno 23, 1923:—Butter; Market is weak; salted, 150 s; unsalted, 152 s to 1545. Cheese; Market has a downward tendency; white, 90s; coloured, 86s. NATIONAL BANK’S PROFITS. (Per Uniteo fiu-iss Association.) WELLINGTON, June 25. In reference to the cable stating that the National Bank’s profits were £370,867, the bank states that the profits for the half-year amounted to £223,746, which, including £142,121 brought forward from the previous year, makes the total as above. This amount is £16,000 more than for the previous year, but the bank ha.s had the use of £250,000 of new capital. GRAIN AND PRODUCE. Messrs Dalgety and Co. report as- follows: Oats: The inquiry for heavy Cartons suitable for milling continues, but the demand for shipment is poor. A Cartons, 2s lid to 3s; B Cartons, 2s 8d; undergrade, from 2s per bushel (sacks extra). Wheat: All lines in milling condition are being readily taken by millers at agreement prices. Fowl wheat is firm, and is realising up to 4s 3d per bushel (sacks extra). Potatoes: Prices are unchanged, and w© quote best table potatos, £ll to £ll 10s per ton. Chaff; The shipping demand is easier, and consequently the price for prime oaten sheaf is lower. Other descriptions are also slower of sale. Prime oaten sheaf, to £5 ss; good to beat feed, £4 5s to £4 15s; inferior, £2 to £3 10a per ton (sacks extra). Messrs Donald Reid and Co. report as under:—Oats: The market is unsteady, and shippers are not operating, except at low values. The only demand is for heavy Cartons suitable for milling at 2s lid to 3s ; B Cartons, 2s 8cl; under-grade, 2s 3d to 3» 7d. Wheat: The fowl wheat market is firm at 4s 3d, ex truck, Dunedin. Potatoes; Tho market remains the same as last week—namely, £ll to £ll 10s per ton. Chaff: The market is easier, and the only demand is for prime chaff at £5 to £3 ss; good to best feed is difficult to sell at £4 to £4 15s: medium, light, and discoloured, £2 to £3 10s (sacks extra). » c

Scott Bros., produce merchants and commission agents, agents for the Egg and Poultry Growers’ Association, Dunedin, report: Eggs: Wholesale only. Quiet; fresh, la Sd pei; dozen; Circle stanijicd, in crates, Is !>d per dozen; preserved, Is Id to Is 5d per dozen. Butter: Dairy pats, Is 5d per lb. Hopey; Quiet; prime clover bulk, 55d to Gd per lb; 101 b tins, 6s each. Beeswax, Is 6d per lb. Fat, 20s .to 23s per cwt. Poultry: Hens, 3s per pair; cocker-els, -Is to Gs per pair; ducks, 4s 6d to 5s 6d per pair; geese, nominally 8s per pair. Turkeys: Hens, 9d per lb; gobblers, IC<l per lb. Pigs: Baconers, Gd to Old per lb; porkers, 6td to 7d per ib. Potatoes: Best tables, scarce, £lO to £ll per ton. Onions: Canterbury to band, £5 per ton; Melbourne, £lO per ton. Chaff: Wanted; prim© oaten sheaf, £5 to £5 5s per ton, sacks -extra; medium quality in over-supply. Oats, 3s 2d per bushel, sacks extra. Whole fowl wheat, 4s 8d per bushel, sacks extra. Straw; Pressed whoaten, £3 10a; oaten, £4 per ton, ex store. PLEASE NOTE: Pigs and poultry must arrive not later than Thursday mornings. We can supply petrol, motor lubricating oils and greases, lucerne and poultry meal, hulled oats, shell grit, Parcora meat meal, leg nno-s, toe punches, charcoal, wire netting, Star brand chicken food, and egg crates. June 25,