COMMERCIAL.

Otago Daily Times, Issue 19844, 17 July 1926, Page 13

COMMERCIAL.

Daly Times Office, Friday evening. There is little to record in the milling wheat market. Millers arc picking up odd linos at round about 7s per bushel, on trucks, country sidings. Fowl wheat is in fair supply, and realises from Cs to 6s 6d per bushel, on trucks, country stations. The oat market continues in a stagnant condition. Little business can be done with the North Island, and there has been a further weakening in the quotations f.0.b., s.i. A grade arc now quoted at 4s Id, f.0.b., s.i., and B grade at 3s lOd. These prices are equivalent to 3s Id on trucks for A grade and 2s ]od for B’s. The few transactions that have taken place have been in under-grade lines suitable for feed. North Island merchants are securing these oats on a basis of 3s Cd per bushel, f.0.b., s.i. There is no lack of oatg in merchants’ hands, but only small lots arc offering from farmers. Millers’ prices for Hour remain unchanged as follow's: —2001 b, £lB 15s; 100’s, £lO 15s; 50 s, £2O 7s lid; 25’s, £2O 15s. Bran, £8 10s per ton. Pollard, £9 10s. Oatmeal: 25’s, £25; 200’s, £24. _ . The quantity of chaff on offer is about equal to the demand for local requirements. Any surplus is finding its way to the North Island on a basis of £7 15s per ton, f.0.b., s.i. Local quotations are unchanged at £5 10s to £6. Latest advices state that merchants in Australia have bought fux'ther quantities of potatoes, August delivery, and some 100,000 sacks of potatoes, starting from the commencement of the season, have now been placed there. About 75,000 sacks of p< tatocs have already been sent across the Tasman Sea. Most of the potatoes have been purchased in Canterbury, but large quantities are still held there. _ There has been little appreciable change in the local market, and the price remains firm. Good tables are worth up to £6 10s per ton, ex truck, sacks included. Apart from the consignments arriving from Canterbury, there are fair-sized offerings from the 1 a.l country districts. . The seed market has received little attention lately. Odd lots, however, have been secured by firms with a distributing trade amongst farmers. Otherwise, the wdiole of the seed trade is quiet. Current wholesale prices for produce lines are as follow: Chaff, £5 10s to £O. Potatoes, £6 to £6 10s. Dairy Butter. —Best milled bulk, la 3d to Is 4d per lb, according to quality; separator pats, Is 3d. Eggs.—Stamped, Is 9d; case, Is Bd. Bacon.—Roll, Is 3d per lb. Hams, Is 3d per lb; boneless, Is 4d. Canterbury onions, 20s per cwt. FRUIT REPORT. Business has been quiet during_ the week. Apples and pears have a poor inquiry. Poorman oranges and lemons are in request. Further supplies are duo next week. Tho Knrctu. duo on Wednesday from Sydney and Melbourne, via northern ports, is bringing supplies of oranges, mandarines, and lemons. . Advices from the north indicate that owing to tho keen demand in Auckland (hero will be only a small shipment of Fiji bananas for this port. Tim fruit is on board tho Waipahi, duo on Tuesday. Island tomatoes are now on tho market. Cabbages havo a little better demand. Cauliflower prices remain fairly firm. Other vegetables have a normal inquiry only. Current wholesale prices aro as follows; — Apples.—Delicious, choice, 8s to 10s; others, 5s to 6s; Cleopatraa, 6s to 7s; Sturmers, 7s to 8s; cookers, 4s Cd to ss_6d. Oranges.—Navels to 255; Tali iti, repacked, 22s 6d. Australian grapes, 15s to 20s per case. Lemons. —Auckland, 22s 6il to 255; Italians. 28s to 30s per half case. Pears. —Dessert, prime, 2jd to 3d per lb. Rhubarb, 4d to 6d per lb. Cabbages.—Choice, 4s to 4s 6d per sack of two dozen. Cauliflowers, 7s to 9s per sack, contain ing a dozen (choice only); others. 4s to 7s. Celery, 6d to 9d per hunch of four sticks; extra choice, 4d per stick. White turnips, Is per dozen bunches. Parsnips, 6s 5d per cwt. Carrots, 7s to 8s per cwt. Potatoes, 7s 6d to 8s per cwt. Swedes, 3s to 4s per cwt. Messrs Fraser and Co., agents for tho Otago Egg Circle, report as under: —Eggs, case eggs Is 7d; egg circle eggs Is 9d. Tallow market firm from 21s to 265. Honey —slow sale, prime bulk sd; undergrade, O-id to 4d; 101 b fins, 5s 6d; sections, 9d to lOd. Butter —bull;, la 3d to Is 4d. Beeswax, 1$ 3d per lb. Pigs—market firm; good bacon weights, BJd: porkers, 7id to B<l. VVe are agents for Paroora meat meal. \\ o stock Star I’, chick food, lucerne meal." poultry meal, oats, maize, wheat, bran and pollard, Champion egg crates 18s 6d, log rings Is per dozen (special quotes for quantities). Potatoes—Oamaru and Taieri 7s to 8s per cwt. Poultry—Wo held out usual sale on Wednesday at 1.50 p.m. when wo submitted a full yarding and sold as under White Leghorn hens 5s 6d to Bs, heavy breeds 6s to Bs. wcll-grown cockerels 5® p 2 -\ ( ? t!l 7 s , fro i n 4s to 6s. Ducklings—--6s to 8s 6d ducks 5s to 6d, geese 6s to 7s, pigeons Is to Is 6d All at per pair. Turkeys gobblers Is 2jrtl, and hens Is id per b live weight. Consignors please note J ; ln(! Poultry must arrive not later tha n Wednesday morning of each week. for ih„ V 1!,.! 6 f ock ° f ; ) . ou,h y crates on hand ior tno use of our clients, DAIRY PRODUCE. Messrs Dalgety and Co. (Ltd.) report having received the following advice from their London office dated July 15 • Doniftli l.uftor- 1725. New Zealand exceptional 1725, finest IGCs to 108 s; Australian finest (insulted, IGGs to IGSs, sailed IGGs to 1 1 0 s. Butter market depressed. Now Zealand Cheese.—Coloured, S2s to B*l s; white, S7s to 80s. Canadian Cheese.—Coloured, 82s to 84s; wdiitc, 87s to 80s. The cheese market is depressed. The Otago Farmers’ Co-operative Association of N.Z. (Ltd.) have received tho following cable from their London office:— “Butter: Strike appears no nearer settlement. Meantime the market is lifeless New Zealand 108 s to 170 s. Cheese is weaker; coloured 84s, white 80s." LONDON WOOL SALES. The New Zealand Loan and Mercantile Agency Company (Limited) has received the following cable message from its London office dated July 13:—There was a good attendance at the opening of the sales to-day, competition by Home and Continental buyers being moderate. The prices, as compared with tho preceding series, ruled about the same for merino, fine greasy cross-bred, and medium and coarse crossbred siipe. Tho market was weaker for fine crossbred siipe ami medium and coarse greasy crossbred. The opening catalogues were fairly representative. Messrs Wright, Stephenson, and Co. are in receipt of the following cablegram from London in reference to this week’s wool solos: The wool sales opened with nn average attendance of buyers. Competition was animated, Continental buyers being the chief operators. There was an average selection, a small proportion of Now Zealand wool boiug included. Greasy fine hnlfbred 50-5 Gs brought ISd; greasy threo-quarter-bvod 48-50 s, 15d; fine crossbred 4G-4Ss, lid; greasy crossbred, 40-445, 12Jd; medium crossbred, 44-40 s, 13d; Australian merino, scoured and siipe prices par. The Department of Agriculture has received the following cablegram, dated July 14, from the High Commissioner of New Zealand, London: The wool sales opened yesterday with a largo attendance of buyers. There was an active Continental demand, especially from Germany, tho Home trade also buying well. Compared with tho last closing rates merino and fine crossbred was firm and unchanged. The medium and coarse crossbred par to 5 per cent, lower.' Tho total available for tho series was 147,000 bales, of which Now Zealand offered 49,000, Australia 74,000, and South America 17,000. FROZEN MEAT MARKET. Messrs Dalgety and Co. (Ltd.) advise having received the following cablegram from their head office dated July 35. The <1 notations for frozen meat are ns follows: —New Zealand prime crossbred iamb, Canterbury light. 9 l-8d; North Island light. S*ld; Canterbury heavy, 8 5-8 d; North Island heavy 8)d; good average quality. Crossbred lamb, Australian, light, N.Q., heavy N.W.. N.Z. prime cross-bred mutton. Canterbury light OJd, North Island light Gd, Canterbury heavy bid, North Island heavy sd, N.Z. prime ox beef hinds 4Jd, feres N.Q., market for Now Zealand lamb is weak, and (lie demand limited. The market for New Zealand mutton is quiet, and the market for Australian lamb is also moderate. The market for Now Zealand beef is very dull. The market for Australian mutton is quiet, and the demand less.

OPOSSUM SKIN MARKET REPORT. The Dunedin Woolbrokers’ Association (Messrs Dalgety and Co. (Ltd.), National Mortgage and Agency Co. (Ltd.), New Zealand Loan and Mercantile Agency Co. (Ltd.), Otago Farmers’ Co-operative Asso ciation (Ltd.). Donald Reid and Co. (Ltd.), Stronaeh, Morris, and Co. (Ltd.), and Wright, Stephenson, and Co. (Ltd.), report as follows: The first sale of the season was held yesterday, when approximately 9000 skins were offered. This was a much smaller quantity than is usually forward for the first sale, chiefly owing to the fact that the Otago open season is a fortnight longer this year and closed only on the 15th, with the result that many trappers have not yet sent in their catches. The quality of the skins offered was generally not as good as is usual at this sale but probably this can be accounted for by the absence of the usual quantity of Gatlins and Southland skins, which have yet to come on the market. The high prices which have ruled during the last year or two have led to very intensive trapping, and it is certain that the number of skins taken this season in Otago will be considerably less than last year’s total. Prices which ruled yesterday were a good deal better than were expected. There was a particularly keen demand for blues and greys, up to 16s each being realised. Blacks and browns were not so keenly sought after but prices were generally very satisfactory, the top price being 10s 2d. The next sale will be held on August 13, and it is probable that the success of the first sale will result in larger quantities coming to auction. The following is the range of prices: Super blues, 13s 6d to 16s; first blues, 11s 9d to 14s; second blues. 10s to Us; super greys, 12s to 14s; first "reys, 10s to lls 6d; second greys, 7s 6d to 9s 6d; super reds, 7s 6d to 9s 2d; first reds, 6s to 7s lOd; second reds, 4s to ss; super blacks, 9s to 10s 2d: first blacks, 6s 6d to 8s 9d; second blacks. 6s 6d to 6s lid; super browns, 6s 6d to 8s Id; first browns 5s 6d to 6s sd; second browns, 4s to ss. COMPANY REGISTERED. The registration of the following company is notified in the current issue of the Mercantile Gazette: Akina and Robertson (Ltd.). Registered as a private company June 28, 192 G. Office: Invercargill. Capital: 3050 shares of £1 each. Subscribers: Invercargill—o. J. Akins 2000, A. Robertson 1000, D. G. Akins 50. Objects: Painters and paperhangers. BRAY BROTHERS (LIMITED). AUCTIONEERS. DUNEDIN, Want Fruit, Farm and and Dairy Produce. Write them for market reports. Prompt, attention given to correspondence. —Advt.