COMMERCIAL

Southland Times, Issue 14322, 15 January 1910, Page 4

COMMERCIAL

PRODUCE PRICES CURRENT. THURSDAY, JANUARY 13, 1910. The following prices are approximate quotations. The quotations are obtained each week from the secretary of the Grocers’ Association, and are a fair Statement - of the current market, but of course, liable to fluctuations, ■WHOLESAI.!!. Eggs. 9d. Fresh farm butter. 60. Fresh butter (separator), Bd. Factofy butter, %Ib prints, Is o%d. Flour, £ll 5s to £l2 ss. Oatmeal, £ll to £ll 103. Pollard, £4 10s. Bran, £3 ss. Chaff, £3 10s per ton. Potatoes. 6s per cwt. RETAIL. Fresh butter (farm), Bd. Fresh butter (separator). 10cl. Factory butter, 16 lb prints. Is 2d Cheese, Bd. Eggs. Is. Bacon, sliced. lOd per lb. \ Hams, lOd. Flour. 2001b 24s 6d, 1001b 13s, 501b ga 9d. 251b 3s 6d. Oatmeal, 50!b s6 9d; 251b, 3s 6d. Pollard, lOlilbs 9s 6d Bran. 4s 3d. Chaff, 3s per cwt. Potatoes, 10 lb. for la. gOUTSDAND CrBAIH AMD STOCK ISABKST. Times Oitlce, Friday. Oats. Business is practically at a standstill, and stocks In merchants' and farmers’ hands are very light. \ allies are nominally Is od to Is 5%d for B grade and Is Slid to Is 6d for A grade, on trucks at country stations. Ryegrass. There is nothing doing in this market meantime. One or two lots of last season’s seed have been offered, but buyers are standing off as the new season’s crop will be on the market in about a fortnight. Prices remain unaltered. Chaff. This is very slow of sale. Bright clean chaff is worth up to 40s, on trucks. Potatoes. There is nothing doing In these. Sheep. —There is little doing in the local (stock market, farmers being very busy completing their shearing and getting their turnips In. Even with the dry weather that has been experienced lately there is still plenty of feed about, and it is not likely that any very huge quantity of stock will bo on the market for some little time to come. At the Otautau sale yesterday only four pens of sheep were forward, and none of these found purchasers under the hammer. Two-tooth wethers were passed in at 7s lOd to 8s 3d. but they were very email, and by no means in good condition. The first line of lambs that lias been offered this year was passed in at 8s Bd. Fat ewes sold privately at 9s 6d to 10s. Cattle. Beef is quoted at 225 ; per 1001b, but very little business has been passing. There is still good enquiry for all classes of young cattle, and any lots coming forward are readily placed at the following prices : Yearlings to two-year-olds, £2 15s to £3 ,10s ; two to three-year-olds, £4 to £5 ; while young cattle that will finish off on turnips this coming winter are quoted at £5 10s to £6 10s. f •DUNEDIN STOCK EK CHANGE. (Per United Press Association). DUNEDIN, Jan. 11. Stock Exchange sales: Enterprise, 4s; Waihi Extended, 3s Gel; Old Hauraki, 4a 6d (three parcels): Waihi Grand Junction, 355; Consolidated Goldfields (forward delivery), 19s 3d. Sales reported; Consolidated Goldfields, 18s 3d; Old Hauraki, 4a 8d ami 4s 8d; Waihi Grand Junction, 35s (three parcels); Ross Goldfields, 8s 9d; Karunui Caledonia, Is Id. CHRISTCHURCH PRODUCE MARKET. CHRISTCHURCH. Jan. 14. The demand for wheat during tho week has been limited and sales have fallen off, only one line of 800 bushels of Tuscan and Hunters at 4s Id at country station being reported as having changed hands. A sample of new whoa I has been shown, and though the grain was small it was of good quality. It is expected that samples from northern districts Will be on offer In the course of ft few days. One small line of inferior new wheat Is reported to have been .sold at 3s 7d. New oats are now offering more freely and several sales have been made at prices ranging from Is .Wad to Is 7d at country stations for Duns, Cartons and Sparrowbilla. Some of the samples scon were of nice milling quality; but generally they are not equal to the early threshed oats of last season. No fresh business is reported in barley. A sample of cocksfoot, with heavy seed has been shown, but at the price asked (5d per'lb) no business resulted.

DREDGING RETURNS. DUNEDIN, Jan. 14. Dredging returns: —Alexandra Lead, 20oz; Electric 1., 19os lldwt; Waikaia, 16oz 4dwt; Masterton, 15oz 6dwt. LONDON MARKETS. Dalgety and Co., Ltd., report having received the following cable from London: — Butter.—Market steady at present prices. The total imports into the United Kingdom for week ending Sth inst. were 92,000 cvvt., as compared with 88,000 cwt. for the corresponding period of last year. The Copenhagen official quotation is two Kroncrs lower. We quote Danish, at 120s: Now Zealand salted, at ills; Australian salted, at IOSs. Cheese. —Market steady. Canadian is worth 5Ss; New Zealand coloured, 555; New Zealand white, 565. Rabbitskins.—Furriers sorts. Any change in prices is in favour of sellers. Other descriptions unchanged, although since our last wire prices arc Id to 116 cl higher. RABEZTSKINS. By Telegraph.—Press Association.— Copyright. LONDON, Jan. 14. Received Jan. 14, 10 p.m. At the rabbitskins’ sales there was strong demand, furriers buying largely at extreme prices. New Zealand thin to medium winter rose sixpence to a shilling per pound: medium to heavy, sixpence to elghtponce; good outgoing, twopence to fourpence; other sorts, a penny to twopence; Australian fair to good winter, -id to 9d; remainder a [*my to twopence. There were 1800 bunnies offered. MONEY AND MARKETS. LONDON, Jan. 14. Received Jan. 14, 9.20 p.m. —Bank Returns, Etc.' — The Bank of England returns show the stock of gold coin and bullion to be £33,844,000; reserve, £24,924.000; proportion of reserve to liabilities, 47.54; in circulation, £28,277,000; public deposits, £0,904,000; other deposits, £45,491,000; Government securities, £14,708,000; other securities. £30,740,000. The bank rate is 4. Short loans are discounted at 2%; three months’ bills 3 3-16; Paris, 2%; : Berlin, 3 is. Consols are quoted at £B2 12s 6d. —Colonial Stocks. — The following are the quotations for the Colonial Government stocks, compared with those ruling a week previous;—

—Wheat, Flour. &c.— Wheat. —The markets are quiet. Cargoes are offering at about 3s 6rt below top prices. Buyers are holding back. Continetal markets are very quiet. Of Australian spot there is more offering, but it is nominally quoted at 44s 6d to 455. Flour. —The market is quiet. Spot is unchanged. New Australian January is offering at 30s c.i.f. Buyers offer 28s Gd. Oats. —There is poor demand. New Zealand Cartons. 19s Gd to 225; Sparrowbills, 19s to 20s 6d; La Plata, Janu-ary-February shipment, 14s Od. —Butter.— Danish butter is dull at USs to 119s. Colonial is very (inn and is clearing well at late rates. Unsalted is making about Id above salted. ■ —•Metals. — Copper—Spot. £SO 17s Gel: three months £6l 16s 3d; electrolytic. £63 10s. Tin —Spot, £l4? ss: three months, £l5O. Spelter—-£23 7s Gd. Iron —51s lOd. —Sugar.— Sugar is steady. Gorman, 13s lOd; first marks, 15s. —Wool — At Bradford wool is unchanged. Crossbreds arc hardening and merinos are quieter.

New South Wales 4’s , . Jan. 7. Jan. 11. .. 107 107 New South Wales 3 %’s .. 99% 90% New South Wales 3’s . . 86 • S6 Victorian -1's ... . . 102 103 Victorian 3%’a .. Victorian 3’s . .. OS OS S5 Queensland Ts . .. 102% 103 Queensland 3 Vi’s OS 9S Queensland 3’s .. 85 85 South Australian 3%'s 3’s .. ,, y t */a 9 7 V2 South Australian 83% S3 % New Zealand l’s .. 105% 105 % New Zealand 3 %’s . ... OS New Zealand 3’s . . 86% 86 % Tasmanian 3%'s .. 96% 96%. Tasmanian 3’s . . .. 97% 97% West Australian 3 %’s 3’s . . 08% 9S% West Australian SS 88