COMMERCIAL.

Otago Daily Times, Issue 19349, 9 December 1924, Page 6

COMMERCIAL.

GRAIN AND PRODUCE REPORT. Messrs Dalgety and' Co. (Ltd.) report as follows: Oats.—Business in this market is at a standstill, and buyers are not showing any interest in the few samples offering. Wheat. —Stocks of fowl wheat are very low, and there is a good inquiry for good whole quality at up to 8s per bushel, sacks extra. Potatoes. —The season for old potatoes has practically finished, and vendors have to accept reduced prices for their consignments. Chaff.—The market is over-supplied, and owing to the poor demand, consignments arriving have to bo taken into store. Prime quality is worth up to £8 per ton, sacks extra. Messrs Donald Reid and Co. report: 'Oats. —There is little to report. Forward sales have been mode with new season’s oats at prices much below those now ruling. Farmers holding email lines would be wise to forward and sell before the threshing of the new crop commences. Wheat. —There is always a demand for good whole fowl wheat, and values are continually advancing. Wo quote 8s per bushel, sacks extra, for first-class quality.

Potatoes. —New ones arc arriving very freely on tho market, and inquiries for old ones are very isolated. A line or two from the north have been offered, but there are no buyers. Chaff.—The supply is more than equal to the demand. There is plenty of green feed available, and tho ever-increasing motor traffic makes chaff selling a hard proposition at this time of the year. There is plenty in store, and tho odd trucks that are arriving are not meeting with much demand. We. quote, £B, ex truck, for prime quality only. Other grades are unsaleable.

FROZEN MEAT MARKET. Messrs Dalgety and Co. (Ltd.) report having received the following wire from thoir head office, London, dated December 6: N.Z. prime crossbred lamb; North Island, heavy 12Jd, light 13d. N.Z. lamb; The demand is fair. N.Z. prime crossbred mutton: North Island heavy Bd, light BJd. N.Z. mutton; The demand is moderate. N.Z. prime os beef hinds s|d, fores 4gd. N.Z. Beef: The demand is active. N.Z. lamb: The market prices are firm. N.Z. mutton: The market prices are firm. N.Z. beef; The market is weak. Australian good average quality crossbred lamb—heavy not quoted, light 13d. Australiain lamb; The demand is good. PROPERTY SALE. John Reid and Sons (Ltd.) submitted by auction yesterday part allotments 34 and 35, block I, St. Clair, fronting Onslow street, with residence of six rooms thereon. There was a good attendance of the public, and after competition the property was sold for £950. LAND SALE. Messrs Wright, Sephenson, and Co. report having sold under spirited competition the freehold property of 60 acres at Pine Hill, on behalf of the trustees of the late Thomas Murphy. The property realised £79 per acre, the purchaser being Mr E. J. Murphy, of Mataura. LONDON MARKETS. Press Association—By Telegraph—Copyright. LONDON, December 6. Wheat cargoes are steady. Prices are unchanged. Parcels are in fair request at 3d to 6d higher. Liverpool futures are quoted as foSows:— December 12s 6|d per cwt, March 12s Bd, May 12s 7gd. The price of gold is £4 9a jier oz. Waihi shares; Buyers 26s 3d, sellers 27s 6d. P. and 0. shares: Buyers £320, sellers £330. Sheep: Australian firsts, 7Jd; seconds, 7|d. Lambs: Victorian firsts, 13d; Argentine firsts and medium, Is. Frozen beef: Argentine hinds, ojd; Uruguayan hinds, SJ(d; chilled Argentine fores 4Jd, hinds 6Jd. Other meats are unchanged. Cotton; Liverpool quotations—American middling upland, January delivery, 12.71 d per lb. ■ Rubber; Fine hard Para, Is 6d per lb; plantation first latex crepe, 18|d to 18|d; smoked ribbed sheet, 18|d to 18Jd. Jute: Indian native, first marks, Decem-ber-January shipment, £3B 7s 6d per ton. New Zealand hemp; November-January shipment, £44 per ton. Copra: South Bea bagged, November-De-cember shipment, £2B 10s per ton. Linseed oil, .£45 10a per ton (eqnal to 3s 7 2-3 d per gallon) Turpentine, 57s 9d per cwt (equal to is 4 l-3d per gallon). Antimony: English refined, £6O to £6O 10a per ton; crude, foreign, £3B. —A. and N.Z. Cable, The National Mortgage and Agency Company are in receipt of the following cablegram from Messrs A. J. Mills and Co. (Ltd.), London:— The butter market is quiet at 200 s to 2045. The cheese market is firm. White and coloured, 925. Messrs Dalgety and Co. report having received the following cablegram from tbeir head office, dated London, December 6: The butter market is weak and we expect lower prices. New Zealand salted, 2025; New Zealand exceptional, 208 s; Danish, 2345; finest Australian salted, 1925; finest Australian unsalted, 1965. The cheese market is steady. New Zealand white colour, 925; Canadian c.i.f., season is nearly over. LONDON WOOL SALES. Press Association—By Telegraph—Copyright. LONDON, December 6. At the wool sales a poor selection was offered. Prices were unchanged.—A. and N.Z. Cable. CHICAGO WHEAT PRICES. Press Association—By Telegraph—Copyright. NEW YORn., December 5. Chicago wheat quotations:—'December 157 cents per bushel, May 162£, 'July 143jj.—A, and N.Z. Cable.

Scott Bros., produce merchants and commission agents, agents for the Egg and Poultry Growers' Association, Dunedin, report:—Eggs: To-day’s price, la 4d for stamped; fresh. Is 3d per dozen. Butter, Dairy pats very quiet, Is to la Id per lb. Honey: Fair demand; prime bulk, 5Jd to sjjd per lb; 101 b tins, 6s 6d each. Beeswax, Is to Is 3d per lb. Fat, 22s to 24a per cwt. Poultry: Hens, 2s to 2s Gd per pair; ducks, 6s 6d to 7s 6d per pair; geese, nominally 10s to 12s per pair.; lid per lb, gobblers is per lb. Pigs: Easier; prime baconers, 7d to 71d per lb; porkers, 7Jd per lb; over-weights, 4d per lb. Potatoes: Few, locals 2d to 2Jd per lb. Chaff: Quiet; prime oaten sheaf, £7 10s to £1 15s per ton, sacks extra. Oats, 5s 9d. Whole fowl wheat, Bs. Maize, 7s 9d per bushel, sacks extra. Straw. Pressed wheaten, £3 10s; oaten, £4 10s per ton, ex store. Pareora meat meal, oyster shell grit, Teg rings, toe punches, Star brand chicken food. Champion egg crates—prices on application.