COMMERCIAL.

Otago Daily Times, Issue 19846, 20 July 1926, Page 8

COMMERCIAL.

GRAIN AND PRODUCE REPORTS. Messrs Dalgety and Co. [Ltd.) report as follows: Oats.—The market still remains very quiet. Only odd samples are coming to hand, hut merchants are showing little interest in these. Practically no inquiries for oats are being received from the North Island. As the big majority of oats grown in this province is sent to the North Island tor consumption, it is not difficult tc understand why the market is so dull. A good few lines of under-grade oats are on the market, but these are very difficult to quit at anything like value. We quote; A Gartons, 3s 3d, b Gartons, 3s per bushel, on Wheat.—Any milling quality coming to hand is being disposed of at up to 7a per bushel, on trucks, country stations. Although the price of flour has risen £1 per ton, the millers state that they will not pay more for wheat. Fowl wheat is in fair supply, and can be disposed of at from 6s lo 6s od per bushel, on trucks, country stations , Potatoes.—During the last week this market has shown a slight firming tendency. Local merchants are inquiring more freely, although the prices being offered are not in advance of those quoted last week, ine quantity going into consumption, however, is not yet great. Shippers are not operating except at prices in the vicinity of £6 per ton. Good tables are realising from £6 to £6 10a per ton, ex store, sacks in. Chaff—The quantity coming forward das been sufficient to meet the local demanu, with the result that prices remain steady. Local feeders are taking all the prime chaff, but other lines of medium and inferior quality are difficult lo fririt. Chaff of this description has to be taken into store and is slow of sale. Practically no shipping is beins done. We quote; Prime oaten sheaf, £5 IPs to £5 15s; inferior and medium, £3 IDs to £5 per ton, sacks extra. Messrs Donald Reid and Co. (Ltd.) report as follows: Oats.—lnquiries for seed purposes represent practically all the business passing at the present lime. Fair supplies of all grades are held in store, but holders are not disposed to sell at the present rates. e quote: A Gartons. 3s 3d-, B Gartons, 3s, sack? extra, on trucks, country stations Wheat.—An odd sample is still coming to hand and, if of' milling qualify. 7s. on trucks, ban be obtained. Fowl wheat is worth from 6s to 6? sd. sacks extra, on truck, country stations. Chaff.—The demand of .local consumers is net calculated to clean up all the chaff at present offering, consequently values for largo parcels must be baaed on shipping values, and this at. present, is about £5 10s sacks extra, ex truck, Dunedin; £5 10s to £6 los, ex truck, is being paid by local feeders for first quality- medium, to £5, and inferior from £3 10s. These grades are very slow ot sale. The mild winter, no doubt, is the primary cause of the poor demand. Potatoes.—This market remains in i an uncertain condition. One or two inquiries during the week looked hopeful for improved values, but the bulk of business resulting was not large. We quote good tables from £6 to £C 10s, ex truck, sacks in. DAIRY PRODUCE MARKET, THE LATEST PRICES. iPek United Press Association.) WELLINGTON, July 19. The New Zealand Dairy Produce Board has received the following cablegram from the London office of the board, dated July 17: Butter: New Zealand (fresh landed) 170 e, (some which has been stored) 167 s to 168 a, Australian, 164 s to 168 s (nominal); Danish, 172 - Irish 160 s to 1625; Esthonian, Latvian, 150s’to 1525; Dutch, 158 sto 160 a; Argentine, 154 sto 158 s; Siberian, 138 sto 1445. AW are spot prices. The -market is still quiet, but has a slightly better tone. Retail prices are unchanged. , . , , Cheese; New Zealand, white 88s, coloured 83s The market is quiet. The price of coloured cheese has been affected by the flush of Cheshire and Canadian, which are quoted at 82s to 83s, and retail at lid to Is. Messrs Nimmo and BJair (Ltd.) have received the following icablegram from their London agent, dated July 16; Cheese: White, 88s per cwt, market quiet, coloured, 82a 6d per cwt, market neglected. Butter, 168 a p'er cwt; market quiet. The National Mortgage and Agency Company has received the following cablegram from Messrs A. J. Mills and Co., London: Butter; The market continues quiet; 168 s The market is weak; white 88s to 89s, coloured 82s to 84s. OTAGO APPLES. THE KAIKOURA’S SHIPMENT. Cabled advice has been received as follows from Messrs Simons (Southampton) in connection with Otago apples shipped by the Kaikoura: — . . Net average: Mixed, 6s 2d- Jonathans, os lid; Statesman, 4s 3d; NonparieJ, 6s; Sturrncr, 6s sd; Delicious, 6s 3d; New Pippin, 5s 7d : Five Crown, 4s Id. LONDON WHEAT MARKET. (Trees Association —Bi Telegraph— lopynght. 1 LONDON, July 17 Wheat cargoes are held for 3d to Is per quarter advance on belter American closing advices, but buyers held off. Parcels are firmly held at 6d to Is advance, but trading is quiet.—A. and N.Z. Cable. Scott Bros., produce merchants and commision agents, agents for the Egg and Poultry Growers’ Association, Dunedin, report : MEggs; Stamped, la 9d; fresh, Is 6d; preserved, Is 6d. Butter: Dairv pats (wanted), Is 3d per lb; bulk, la 3Jd. Honey. Prime bulk, sid per lb; 101 b tins, 5s 5d to 5s 6d each. Beeswax, la 3d to Is 4d per lb. Fat, 22s to 24s per cwt. Poultry: Hens, 4s to 4s 6d per pair; ducks, good. 3s to 3s 6d each; geese, 3s to 4s each- turkeys, hens Is, gobblers Is Id per lb. Pigs; Prime L-aconers (wanted), at B§d to BJd per lb; porkers. 8d to aid per lb; over-weights, 4d per lb. Potatoes: Best- tables. £6 10s to £6 15s per ton, ex truck. Chaff; Prime oaten sheaf, £5 15s to £8 per ton. sacks extra. Whole fowl wheat. 7g to 7s 6d per bushel. Maize, 9s per bushel. Oats. 4s 6d per bushel, sacks extra. Straw; Pressed wheaten, £3 ss; oaten, £3 10s per ton. ex store. Please note: Pigs and poultry must arrive not later than Thursday in the week. We shall be plasod to quote tor the following lines; —Pareora meat meal, oyster shell grit. Star brand chicken food, Horizontal egg crates, Gilmore motor spirits, Duokham oils.