COMMERCIAL.

Southland Times, Issue 12165, 20 June 1908, Page 4

COMMERCIAL.

Produce Prices Current

THURSDAY, JURE 18, 1908.

The following prices are aproxlmate quotations. It is not to be supposed that the wholesale and retail merchants are bound by them. The quotations are obtained each week from the secretary of the Grocers’ Association, and are a fair statement of the current market, but are, of course, liable to lluetuatlons.

WHOLESALE. Fresh farm butter, 9d. Fresh butter, separator, lid. Factory butter, %lb prints, is l l ,id; lib prints Is l%d. Eggs, Is §d. Potatoes, £3 10s. • Flour, £l2 to £lB. Oatmeal, £l3 10s to £l4. Pollard, £7. Bran, £6 ss. Bailey, 2s to 2s 6d. Chaff, £4.

RETAIL. Fresh butter, lid. Fresh butter, separator, Is id. Factory butter, pats, Is 3d. Cheese, to Bd. Eggs, Is 9d. Bacon, sliced, lid per lb. Hams, lOd. Potatoes, Da per cwt. Flour, 2001b. 265; 1001b, 13s Cd; 601b, 7s 3d; 251b, 3s 9d. Oatmeal, 501b Bs, 251b 4s 3d. Pollard, 12s. Bran, 7s 3d. Chaff, 2s 6d.

METAL AND WHEAT MARKETS, liy Telegraph.— Preps Association.—Copyright. LONDON. June lb. Cupper, spot, £SB Jn 9(1 per ton; three mouths, ,s;s las. Tin, spot, .2127 10s; three months, £I2S 20 (hi. The American visible wheat is estimated at "3,058.UU0 bushels.

MONEY AND MARKETS. LONDON, June 19, Receive:: June 19, 7.22 p.m. —Uauk Returns ami Discounts— The Hank of England returns show the Mock of gold, coin and bullion lo be £37,294,000: reserve. £28.527,090; proportion ol reserve to liabilities, Cl.bo. The notes in circulation total £28,787,000; public deposits, £9,777,000;. other deposits. £lO,032.000; Government securities, £15,073,000; other securities, £19,979,000. The hank rate is 21*. Dills are discounted as lollows:—London,. 1% per cent; Paris. Hi: Berlin, 3ft per cent. Consols are quoted at 87-Yi. --Polonlal Stocks— Tlie loUow'ini; are the quotations for colonial Government stocks, compared with those ruling a week previous: June 12. Juno 10. New South Wales -is R:7 107 New South Wales Sii’s 100V4 FO’i New South Wales 3’s 89 89 Vieiurian 4'a 101 101 Victorian S'.i'a 99'-j 99Pi Victorian 3’r, 89Yi S9ia South Australian i’-A's 100 99M: South Australian 3’s 87’- Sil'i Queensland f’s 101 101 Queensland 3Vs 99 99 Queensland 2’.s 88 SS New Zealand Ts 100 100 New Zealand 3'/-’a 99 99 New Zealand 3’s 89 69 Tasmanian Mi's 99 99 Tasmanian 3's 88 SS West Australian Sii’s 99 99 West Australian 3’s 87 ,87

—Wheat and flour—

Reports of heavy rains anti floods in Uie American chief winter crop areas have caused a revival of tho markets, but belter crop nows from southeast Europe has chocked the upward movement. The future course of tho market must be largely dependent on crop reports. Cargoes are quiet and 111 mly held. For New South Wales -March shipment ;!its lid in asked. Nothing in offering for shipment. For a June steamer parcel SGs has boon paid. There in fair demand for Australian spot at from 2 5 s (id to 39s Cal. Fh.nr Is slow and easier. Australian in offering .IS follows: -omlon. 23s ad to 2Cs Cd ; Glasgow, 27- iid.

Huttcr is very firm. I'snish. Util to lb'.;. Uof on la E lb well cleared. Choicest Australian 102; to K'f.s. a few lots, 102.

Metals and Sugar.— Copper—Spot. £SS 2s Gd. Tin—Spot, .17127 ; three months, CI2S fc. I.c.id—£l2 12s Gd, spelter £l9. Iron 31s 3d. Sugar is steady. German 11s 2d, first mark: 12s I'M.

-Wool.—

For Ilradfnrd wool there is slightly hotter inquiry, especially fur crossbreds. Forties lOd present for horses fit to go into hard work

CHRISTCHURCH PRODUCE MARKET

Per United Press Association.

CHRISTCHURCH, Juno 10.

There are no fresh developments to note in the wheat market. A fair amount of wncat Is offering at Is Id at country stations, ami some sales have been made at this figure; but millers arc not very anxious to operate and only those who are In immediate want of supplies are purchasing. There is a fair amount of oatsheaf chaff offering at quotation, but the demand for shipment is not eo active in consequence of the late rains in Aubtralia. Potatoes are dull of sale, though prices have not yet changed. There is a largo supply of eggs on the market and the wholesale price has dropped to la 6d per dozen.

DREDGING RETURNS.

DUNEDIN. June 19. Dredging Returns—Mystery Flat 60oz 2 dwt, Maaterton 450z Idwt; New Roxburgh Jublleo 250z Idwt. Koputal 330z lOdwt, Kura IGoz sdwt, Hessey.s iCoz Idwt, Manuhcrika IGoz, Central Charlton luoz 7<lwt, Charlton Creek 12nz, ■ Walkaia 9oz iGdwt, Chicago 9oz 3dwl.

J. A. MITCHELL &. CO.

J. A. Mitchell and Co. report having held tbelr annual midwinter show sale of Clydesdale colts and filllch in their yards, Dee street, on Wednesday, Juno 17th, and had an entry of 52 horses, including animals from the various breeders In all parts of the district. The attendance was a large and representative one, and while there were buyers prsont for horses fit to go into hard work and mares, yoarlings and 2-yoar-olds were dull of sale and only saleable at low rates. Taken all through this sale must be considered highly satisfactory as by auction and privately wo placed a fair proportion of the entry at prices quite equal to those lately ruling. Wo sold on account Messrs A. Christie, J. A. Gllmour, M. McKenzie, M. nulling, Thos. Grant, Thos. J. Hughey, W. Cartwright. D. Wurnock, Jas. Eraklne, Baird and others at the following prices, viz.: Fillies 45gns. fSVjgn.H, C6gna, 30gus, 29gns, and down to 20gns for 2-year-oldß, Goldings at CGgae, 29gns, 27gns. 26%gnf>, and down to sgns for 3-ycar-olds, 1 yearling colt 25gns.