COMMERCIAL.

Otago Daily Times, Issue 19803, 31 May 1926, Page 6

COMMERCIAL.

Daily Times Office, Saturday morning. It Is understood that the next consignment of sugar for this market will arrive by the Wingatul, which is due here shortly. She will be followed by the Kurow. A parcel of haricot beans has just been landed on a bare market at an increased price. The price of kerosene has been advanced by Is per case. An increase in the price of petrol, amounting to Is per eight gallons of bulk petrol, is also announced. Glaxova, a new product of the Glaxo Company, Is how being quoted at the following prices :—7oz packages, 19s 6d per dozen ; 16oz, 39s per dozen. The Ruapehu, from London, landed a number of oilmen’s stores that were in short supply. The Port Napier, which is now at Port Chalmers, has also numerous lines that have been short on the market. A new disinfecting fluid, Restar brand, la now being quoted as follows: —6oz bottles. 10s per dozen; one-gallon size, 66s per dozen; four-gallon tins, 4s per gallon. The Manuka, which is due from Melbourne on Tuesday, is bringing further supplies of Mildura sultanas and currants. The Karetu, from Melbourne and other ports, is carrying similar consignments. SOUTHLAND MARKET REPORT. (From Oub Own Correspondent.) INVERCARGILL, May 30. The stock market continues firm for most classes offering. The heavy yardings of fat stock at Wallacetown sale tended to ease the market somewhat. Fat sheep showed a drop of about 2s to 2s 6d on the previous sale, while fat cattle, with the exception of prime bullocks, also showed a slight decline. The store sheep market is very quiet, with very little offering. Prices for all clashes are firm, with perhaps a falling-off in store lambs consequent on the fat season coming to an end. Fat Cattle.—Heavy prime bullocks, £l4 to £l7; prime medium-weight do, £l2 to £l3 15s; prime heavy heifers, £7 15s to £9 15s; medium do, £6 to £7 ss; prime cows, £7 to £9 10s; medium do, £5 to £6 10s; runners, to £3; vealers, 30s to £2; prime ox beet in the vicinity of 40s per 1001 b; prime heifer do, 32s 6d ; cow do, to 255. Fat Sheep.—Extra heavy prime wethers, to 35s ; good prime do, 28s to 31s 6d ; lighter do, 1 to 275; prime heavy ewes, 22s 6d to 25s 9d; medium do, 18s to 20s; lighter down to 15s 6d; freezing lambs are making 23s 6d to 25s 6d. Store Sheep.—Store wether iambs, 18s to 19s 6d ; ewe lambs, 23s 6d to 265: 'mlx-sex do, 20s to 22s 6d; two-tooth ewes, good, 38s to 40s; two-tooth wethers, 25s 6d to 27s Gd ; s.m. ewes, 30s to 335. Store Cattle.—Good forward three and four-year bullocks, £8 15s to £lO 10s; twoyear do, £6 to £7 10s; yearling do, £3 15s to £4 10s; two-year heifers, to £3 ; old cows, £2 to £3 10s. GRAIN REPORT.

Oats.—There Is no actual improvement In this market since last report. Orders for prompt delivery have eased somewhat, though there is still an inquiry for forward delivery June to September at recent rates. Local merchants, however, are showing no Inclination to accept forward business. Apparently the general opinion is that prospects are rather in favour of better rates later on. For prompt delivery current quotations are: A's, 4s 3d ; B’s, 4s, f.0.b., s.i., while prices to farmers, depending on the distance from the port, range from about 3s tor B’s to 3s 3d for A's, on trucks, sacks extra. Duns and blacks of good quality and weight would bring the growers probably 3d extra. Chaff.—This is offering by growers in excess of local demand, but the price is nevertheless maintained at the old level of £4 10s. on trucks, country stations, for prime quality. Ryegrass.—This market is at the present time well nigh lifeless, and generally it is considered that there is little prospect of any business with outside centres for the next two months, at which time merchants will be considering their requirements for spring sowing. As a consequence merchants are showing little interest in lines offered to them by farmers. Undressed ryegrass has merely a nominal value of from 3s 6d to 3s 9d per bushel for firm, well-treated seed from the mill, round about 241 b weight. LONDON MEAT MARKET. tPies* Association—By Telegraph—Copyright.) LONDON, May 29’. (Received May 30, at 5.5 p.m.) Sheep.—Canterbury : Medium, 5Jd ; heavy, sid. North Island : Medium, 5Jd; heavy, sd. Australian : Firsts, 4 3-8 d ; seconds, 4id ; ewes, 4d. Argentine: Light, 4 7-Bd. Lambs.—Canterbury: Light, 10 l-8d; medium, lOd ; heavy, 9 3-8 d ; seconds, 9Jd ; other selecteds, light 10 l-Bd, medium 9 7-Sd. North Island ; Firsts, 9jd ; seconds, 9Jd. Victorian: Firsts, 8 5-8 d; seconds, Bid. Chilled Argentine fores, 3d ; hinds, 6 l-Bd. Others unchanged.—A. and N.Z. Cable. FRUIT AND PRODUCE WORLD. Reilly’s report;—The demand at the moment is for prime quality in all lines of produce. Good bacon and pork pigs are in demand. Apples are meeting a better inquiry. Stamped and guaranteed egga, butter, table poultry, prime potatoes, table carrois, parsnips, and good swedes, and choice lines of dessert apples find a ready sale. Grapes: 500 cases are expected from Melbourne, which we anticipate realising about lOd per lb. We received and sold: - Hens, 415 at 3s 4d to 5s 4d ; cockerels, 152 at 3s to 12s 6d; cock birds, 23 at 3s 4d to 4s Sd; pullets, 103 at 6s to 19s; ducks, 97 at 3s to 8s; turkeys, 5 at. 11 jd to Is Ojd per lb pigeons. 8 at Is Gd ; pullets, White Leghorn 10s to 20s, Rhode Island Red 15s to 20s. Silver Wyandotte 13s to 16s, Black Orpington 10a to 14s. Flowers: Taper whites, to 4s dozen; violets, to 6s. Pears: Choice des serts, to 2jd; others, to 2d; overripe, un saleable; cookers, to 2d. Grapes; Aus tralian. Is. Gros Oilmans, to 2s 6d. Tomatoes: Locals, to Is 3d; seconds, to sd, Cape gooseberries, lOd. Preserved ginger, Is 4jd Peanuts; Choice, s§d; New Zealand walnuts,, to Is. Gallic, Bjd. Pickling onions, IJd Eschallota 2d. Tea. Broken Orange Pekoe. 2a Gd. Butter: Dairy pats, to Is 3d; bulk, la 3d; separator pats, to Is 6d. Cheese; Prime mediums, to Hid; large, to lid. Beeswax, to Is 4d Dates; Bulk, 4d; cartons, 6Jd Comb foundation: Medium brood, 2s 9d, 2s 9d. Bacon; Prime porker, to 9d; prime baconers, to Bjd ; heavy-weights, to sd. Honey: Choice bulk, to sjd; sections, 10s to Us; pats, jib 4s 6d, lib 9s. Cucumbers: Hothouse, to 12s 6d Cabbages; Prime 2s. Cauliflowers; Prime, 8s Gd. Lettuce, to Is dozen. Tinned pines, Bs. Eggs; Stamped, to 2s lOd ; rases, 2s 8d per dozen, preserved, la 9d dozen. Apples: Delicious, to 10s; Cox’s Orange, to 12s Gd ; Stunners, to 8s; other desserts, to 7s; choice cookers, to 6s; others, to 4a. New Zealand passion fruit. Da; New South Wales, ICs. Lemons. Italian large cases, 355; halves, 20s Oranges; Raratongan re-packs, 20s. Bananas: Ripe, to 30s; green Suvas, 275. Potatoes; Locals, to 9s; Outrnms and Stirlings, to 9s; Oarnarus and Canterburys, to Ba. Carrots, Bs. Parsnips, 9s New season’s swedes, 4s cwt. Onions; Canterburys, to IGs Gd. Vegetable marrows, to 9s. Pumpkins, 9s. Pie melons; Australian, 16s. Fri. Best mutton, 28s; other tats, to 245. Molasees. 9s Gd. Oyster grit, 8s 6d. X Keys meafrneal, 18s per cwt. Economic egg crates: 20-dozen, 16s; Champion 24-dozen, 18s each. Fowl wheat, 3s. Oats. A Gartons, 4s; B Gartons, 3s 3d per bushel. Prime oat sheaf chaff; Choice, to £6 per ton; cow chaff, £4. Black leaf “40” ; 10lb tins, 60s: 21b tins, 15s Gd. Fruit and confectionery bags, Vallo-Giraffe brand lime au’pbur, Bordeaux mixture, chmk food, r-rsenate of lead, Ellis fruit giv.acr—pnees on application. REILLY’S CENTRAL PRODUCE MART (LTD.). Moray Place,

TRUSTEES, EXECUTORS, AND AGENCY COMPANY. The directors of the Trustees, Executors, and Agency Company state, In their fortyfourth annual report, that the profit and loss account shows a net profit for the year of £2831, to which has to be added £BBO (being the balance of £10,895, the amount brought forward from last year, less £ls, balance of a donation of £IOO which the directors decided to make to the Exhibition Company, and £IO,OOO transferred to reserve account; making a total at credit of £3711. An Interim dividend of 5 per cent, per annum tor the half-year ended September 30, 1925, was paid, amounting to £500: leaving a balance to be dealt with of £3211. Of this balance the directors recommend the following appropriations to be made :—Dividend of 2J per cent., making 5 per cent, for the year, £500; bonus at 2i per cent., on £20,000, £500; write off freehold property account, £lO5 ; write off office furniture and stationery, £63 ; balance to be carried forward, £2043. LONDON MARKETS. (Press Association—Bv Telegraph—Copyright. > LONDON, May 29. (Received May 30, at 6.5 p.m.) Cotton: June shipment, 9.72 d per lb. Rubber; Par, 20d per lb; plantation smoked, 20Jd per lb. Jute; May-June, £3B 10s per ton. Hemp: May-July, £37 per ton. Copra: May-June, £3B 12s 6d per ton. Linseed oil, £3l per ton. Turpentine, 65s per owt. —A. and N.Z. Cable. LONDON, May 28,. (Received May 30, at 5.5 p.m.) Apples are again slightly easier owing to heavier quantities being marketed. New Zealands brought 10s to 13s per case. A jew Cox’s brought 16s per case. —A. and N.Z. Cable. The following cablegram has been received from Its London agents by the Otago Farmers’ Co-operative Association (Ltd.) ; The butter market Is slow. Danish low, 162 sto 1645, f.o.b. More buying Is anticipated shortly. New Zealand, 169 sto 170 s. Cheese. —The market is slow; 925. Frozen Lamb. — The trade Is poor, with a weaker tendency. Mutton Is firmer. Beef Is plentiful. CHICAGO WHEAT QUOTATIONS. (Press Association—Bv . Telegraph -Copyright. I NEW YORK, May 28. Chicago wheat; May, new 166 J cents per bushel, old 152; July, 138; September, 133 J. A. and N.Z. Cable. (Received May 30, at 5.5 p.m.) The prices on the Chicago wheat market are as follows: —New, 164 cents; old, 151| cents; July, 1363 cents- September, 132 1-8 cents.—A. and N.Z. Cable.