COMMERCIAL.

Otago Daily Times, Issue 19845, 19 July 1926, Page 6

COMMERCIAL.

Daily Times Office, Saturday morning. Advice has been received from Sydney that the price of dressed rice has been advanced by 3Us per ton. An advance has taken place in the local market in sympathy with the advance in Australia. Reports from Singapore state that the market for sago and tapioca has firmed considerably. Retailers are persistent in then inquiries for supplies of zig-zag cigarette papers. There are none, however, in wholesale hands, and very few of any other brands of papers., It is reported that Messrs Henry Jones and Co., of Australia, who now control the K jam business, have also taken over the businese of Messrs Thompson and Hills, of Auckland. It is understood that New Zealand directors have been appointed to represent the Australian firm. Supplies of tea, especially qualities required for packing, are short in Dunedin at the present time, owing to the delays in the steamer services from Australia. Merchants are anxiously awaiting further information regarding the cargo carried by the ill-latcd Port Kembla from London, via the United States, direct to Dunedin The vessel is no doubt carrying a large quantity of goods for Dunedin, and some of the lines which, it is understood, are on board are required to replenish local stocks. The Australian Fruit Board has advised New Zealand merchants of a further advance in the price of New Zealand sultanas. The latest advance represents Id per lb in all during the past few months. . The Taimn, due next week, is bringing supplies of Epsom’s salts and Symingtons packet soups. . , , , A paiccl of white cotton twine, in balls and spools, has just been landed. Prices show an advance of 1C per cent, as compared wtth the last shipment. . , Fine and coarse salt is getting into short compass in wholesale hands. Further supplies arc on board the Norfolk. Quotations lor the new season s Hawaiian pines show an advance on those ruling last VC A - new line of -Casco” potato flour (lib packets) has made iis appearance on tne ID p I ;eis' apple and raspberry jam, 531 b tins, has been reduced in price. A new line of honey, packed m 51b and 71b billies, is now on the market. LONDON WOOL SALES. (Press Association—Bv Telem ipii-ropyrtght.) LONDON. July 16. At the wool sales there was a good selection of all classes. There was a good market, and prices were fully flrn J ** la ,*® rates. The chief operators were from tne Continent. —A. and N.Z. Cable. Messrs Murray, Roberts, and Co. have received the following cablegram from their London Agents :—“ The market continues with a good tone. Greasy merino, best de scrlptlons, and greasy merino wool suitable for Yorkshire, market very firm Greasy merino, other descriptions, market lar; scoured merino advanced 5 to 71 per cent. Scoured pieces and locks show the greatest advance. Crosbrcd greasy medium, best descriptions, market very firm. Inferior descriptions, par to o per cent. < dine. Crossbred greasy coarse, market shows no change.” _____ LONDON MARKETS. (Pre c B Association —R\ reiecninii Oopyright.) LONDON. July 15. Wheat. —Prices are unchanged. The demand is quiet. Parcels are in request, and are occasionally easier. Sales were made at 5Ss Gd to 595. Liverpool futures: July 11s 9rt: October, 10s lOJd: December, ’ 10s 9Jd- The spot trade Is firmer. Australian, ex ship, 01s Id. Flour. —Finn. Australian, ex store, 44s and 41s 6d. Oats are quiet. « Beans are quiet and peas are steady. Sugar. 29s 7id. —A. and N.Z. Cable. LONDON MEAT MARKET. (Press Association—B> i'eiccr mh < opynght.) LONDON. July 17. (Received July 18, at 5.5 p.m.) Sheep. —N ew Zealand Canterbury and Southland, 6fSd : North Island, 6}d : Argentine light, 4Jd: medium, Igd; Patagonian light 43d: medium. 4id. Lamb.—Canterbury light, 9|d ; medium, Bjd; heavy, Bgd; seconds, Bgd; other selecteds. —light, 9d; medium, Bgd: North Island first and seconds, Bgd; Australian (Victorian) firsts —light, Bid ; medium, 7Jd; other States’ firsts —light, 7gd; medium, 7d: Victorian seconds, 8d; other States, 7Jd; all States’ thirds, 7gd: Argentine firsts—light. 8d; medium. 7Jd; seconds. 7id ; Patagonian firsts —light, BJd ; medium. 7Jd; seconds, 7Jd. Beef —Frozen Australian, nominal crops, 3id; hinds, s*d; chilled Argentine fores, 3Jd ; hinds, 6Jd : Uruguay fores, 3dl; hinds, 5Jd ; others unchanged.—A. and N.Z. Cable. COTTON. RUBBER, ETC. (Frees Association— By Telegraph—Copyright.) LONDON, July 17. (Received July 18. at 5.5 p.m.) Cotton. —August shipment. 9.45 d per lb. Rubber. — Para, 19Jd per lb; Plantation smoked, 20gd. Jute.—July-August shipment, £34 per ton. Copra, £27 12s Gd per ton. Hemp.—June-July, £36 per ton. Linseed oil, £35 15s per ton. Turpentine, 60s 9d per cwt. —A. and N.Z. Cable. CHICAGO WHEAT MARKET. (Press Association— By Telegraph—Copyright.) NEW YORK, July 16. (Received July 17. at 5.5 p.m.) Chicago Wheat. —July, 145 cents per bushel ; September, 145; December, 148. A. and N.Z. Cable. FRUIT AND PRODUCE WORLD. Reilly's report:—The boisterous weather experienced during the week has had a depressing effect on business. Retailers are complaining. At the moment the demand is for good lines of butter, choice bacon and porker pigs, stud poultry, good killable cocke rels, breeding sow pigs, opinions, vegetable marrows, prime table potatoes, and in view of the threatening influenza epidemic, there is a keen demand for choice navel oranges and lemons. Pears are short of requirements, eggs have been low in price, and we expect to see a temporary advance. We received and sold:—Hens, 79 at 7s to 7a 2a, cockerels, 171 s at 8s to 11s 2d, ducks, 47 at 8s to 10s 6d. geese, 4 at 9s 6d, pigeons, 18 at la 6d (all at per pair). Violets, 6s to Bs, Narcissi, to 12s per dozen. Pears: Choice desserts, to 4s; cooking, 2id. Tomatoes. Local first grades, 2s 3d; second grade, 1* ad. Butter: Bulk and dairy pats, la 3d; separator pats, to Is 6d. Cheese: Mediums, to IX Jd; large, to lid; loaf, to la. Tea: Broken Orange Pekoe, 2s 6d. Beeswax, to Is 4d. Horsehair, to Is lOd. Bacon. Medium rolls, Is 2kl; choice, Is 3kl. Bacon nigs; Wauled, 8jrl; porkers, 9d; heavyweights, 6.id. Honey. Choice bulk, 5?,d; oats, 8d; 10!1> tins, Cs to 7s each; sections (wanted), 12s. Cabbage: Choice, to 3s. Cauliflowers, to 10s 6d per dozen. Brussels sprouts, to 5d per lb. Eggs; Stamped, Is 9d • case, Is 7d, Is Bd. Annies: Delicious, to 13a; Stunners, to 11s; Jonathans, to 9s 6d -; other desserts, 5s to 7s 6d; choice cookers, to 7s 6d. Lemons, to 265. Mandarines, 27s 6d. Passions. 245. Oranges: Raratoiiga repacks, to 255; Poorman, to 14s; Sydney navels, 27s 6d Pines. 20s. Potatoes; Outrams and Stirlings, choice, to 8s 6d Oamarus, to 7s 6d cwt. Carrots, to 7s. Parsnips, to Bs. Swede turnips, to 3s. Onions 20s. Picklers, 12s 6d. Vegetable marrows, to 12s 6d. Pumpkins, 14s. Fat: Best mutton, 255; other fats, from 19s to 26s per cwt Molasses; In tins. 9s 6d. Oyster grit, 8s 6d. Mcatmeal, 18s. Economic egg crates; 20-dozen, IBs* Champion, 24-dozen, 18s 6d each Fowl wheat, 7s 6d to 8s Oats. 7s 6d, Bs. Oatsheaf chaff, to £6 10s. Cow chaff,’ £3 10s per ton. Whcaten straw clover, 42s 6d. Oaten straw, 55s per ton. Clover hay, £5. Lucerne, £3 10s.