COMMERCIAL.

Southland Times, Issue 14580, 22 November 1910, Page 7

COMMERCIAL.

AGRICULTURAI. events tor week ENDING NOVEMBER 26. TUESDxYY—November 22. Stock Sale at Woodlands. WEDNESDAY—November 23. Clearing Sales at Mr J. Smith’s, Woodlands, by Messrs Henderson and Co. - Otago A. and P. Show. Sale of Dairy Lund at Orepuki by Messrs Dalgety and Co. THURSDAY —November 24. Clearing Sale at Mr J. Drysclale’s, Kennlngton, by Messrs J. E. Watson md Co. Clearing sale at Mr J. Hogan’s, Te Tua, by Messrs Dalgety and Co. Stock Sale afWyndham. FRlDAY—November 25. Horse Sale at Win ton. Stock Sale at Waikaka. Slock sale at Kapuka Saleyards by the National Mortgage Coy. DUNEDIN PRODUCE REPORT. Messrs Donald Reid and Co. report:— We held our auction sale of grain and produce at our stores on Monday. There was a small attendance of buyers, but with good competition most of our catalogue was speedily cleared at quotations. .Values ruled as under — Oats.—Stocks in stores are now much reduced, and are being absorbed chiefly by the local trade, consequently no export business of any .importance is passing. For all classes of oats the demand continues good at late values. We quote: ■—Prime milling, 2s to 2s 3d; good to best feed, 2a Id to 2s 2d; Inferior to medium, Is ltd to 2a pier bushel; sacks extra. Wheat.—The past week has been quiet, so far as business with millers is con•cerned. A few choice lots of velvet and veivet-ear have been placed, on the basis of late quotations, but medium lines have not been in favour. Best, whole fowl wheat continues to mec-t with fair sale. We quote:—Prime milling velvet, 3s lOd to is; velvet cur Tuscan, etc.. 3s 7d to 3s 8d; medium to good, 3s srt to 3s fid: best whole fowl wheat, 3s 2d to 3s 3 Mid; medium, 2s Bid in 3s Id; broken and damaged, 2s 2d to 2s Jht pep bushel, sacks extra. Chaff.—The market is moderately supplied with prime quality which meets with ready sale on arrival. Medium quality is not over plentiful, but any lots offering are readily quitted at quotations. We quote; Prime oaten sheaf, £1 12s fid to £4 17s fid; medium to good, £4 5s to £4 10s; inferior and discoloured, £3 10s to £4-2s fid per ton; sacks extra. Potatoes.—New potatoes are now offering freely, and ns last season’s potatoes are still plentiful, prices have eased considerably. Prime samples find most sale, but medium and inferior lots are difficult to quit. We quote;— Prime freshly picked Up-to-Dates, £9 15s to £10; medium to good, £1) to £9 12s fid; inferior and small, £8 10s to £8 10s. Straw. —Wheaton, 27s fid to 30s; oaten, 32s 6d to 37s 6d per ton (pressed).

WESTBALIAN DEBENTURES. (By Telegraph—Press Association—Copyright.) LONDON, November 20. Six hundred thousand I per cent, first nort<age debentures in the Weatnilian railway have been issued at Du. 1 WHEAT AND PLOUE APIO&T. LONDON, November 20. The quantity of wheat and flour afloat for the United Kingdom is equal to 2 150 000 quarters, and for the Continent 'MIO’OOO. Atlantic shipments, 20 1,000; Pacific 45 000: total to Kurope. 1.,750.000. including 60,000 from the Argentine, 775 000 from Russia. 240,000 truni the Lanubian provinces, 145.000 from India, tnd 27,000 from Australasia. CANADIAN EXPORTS. OTTAWA, November 20. The value of Canadian dairy, produce exported during the fiscal year increased by £252,000 sterling. _ HIGH COMMISSIONER'S REPORT. Per United Pi ess Association.

WK.LLINGTON, November 21. The iii'ijh Commissioner’s cabled market report .'dated London Xoverhbcr .10 is as follows (quotations, unless otherwise specified, are average market prices on spot}:—

The mutton market is dull with poor local demand. River Plato mutton is In large supply. Canterbury, 4%d; North Island. Id; River Plate, 3>/itl. Lamb—No alteration in the market since last week; nominally Canterbury, 5%d. Other than Canterbury, 5%.d. Tliis season’s Australian has arrived, and is selling at sVid. The beef market is steady with signs of improvement; New Zealand hinds, 3 &rt; lores. 2%d. •The butter market is (Inner, with an increasing demand for the better grades; choicest Now Zealand butter to-day Ills per cwt; Danish, 117»; Siberian, 103s; Australian, IUG.s.

The choose market is steady; Canadian, . 57s per cwt. The hemp market is flat, and nothing whatever is doing; nominally N.Z. "goodfair," on spot, is at £23 10s; fair grade, £2O JO.s; lair current Manila, £lO 10s; forward shipments about the same. The output from Manila for the week was 22,000 hales.

The cocksfoot seed market is quiet; bright clean N.Z. seed, weighing 17lbs per bushel, 745. The wheat market is quiet, but moderate business is doing: N.Z. long-berried wheat, ex granary, per quarter of 41hi!bs, 32s (id; short-berried, 325, Dais—There is little demand, and the supply is large. N.Z. short Sparrowbills, ex granary, per quarter of 3841b5, 18s; Danish, per quarter of 32Ulbs, 10s (id. Beaus —There is a good local demand; N.Z., f.a.q.. new crop, per OOilbs, 34s Gd. Peas —N.Z. peas ( Partridge.i, per 504 lbs, 465. The market Is quiet, with a tendency in favour of buyers. The wool market remains firm.

DUNEDIN STOCK ESCHAN&E. DUNEDIN, November 21. Slock Exchange sales: —Waihi, £G; Waihi Grand Junction, £1 11s. Sales reported;—Waihi, £G 2s; National Bank, £5 16s 9d; N.Z. Paper Mills, £1 3s Gd; Occidental, G%d. A BANK’S DEFICIENCY. LONDON, November 20. H is now understood that the Charing Cross Bank’s deficiency is approximately estimated at a million.