COMMERCIAL

Southland Times, Issue 16889, 14 November 1911, Page 7

COMMERCIAL

ARQICULTUBAL EVENTS FOB WEEK ENDING NOVEMBER 18th. —Tuesday, November 14th. — Executors of the late Mr J. O Shaughnessy’s sale at Lome, by the National Mortgage and Agency Co. Stock Sale at Gore. —Wednesday, November 15th. — Mrs E. Hewitt’s sale at West Plains, hy Messrs J. E. Watson and Co., Ltd. —Thursday, November 16th. — Stock Sale at Balfour. —Friday. November 17th.— Horse Sale at Otautau. HIGH COMMISSIONER’S REPORT. (Per Umiea Press Association.) WELLINGTON, November 13. The High Commissioner’s cable, dated November 11 (quotations unless otherwise specified average market prices on spot) is 'as follows: — Mutton. —Market quiet, but firm. The demand has been chiefly for heavy weights. Canterbury, 4A4d; North Island 3%d. Lamb.—Market dull, with scarcely any demand. Quotations show a weaker tendency. Prices are nominally unchanged, viz., Canterbury Bd; other than Canterbury, 4%d. „ Beef. —The market continues dull. The trade in frozen beef is reduced to a minimum, and quotations are nominal —N.Z. hinds. 3%d; fores, 2%d. Butter. —The market has recovered, and there is a better demand. The butter ex s.s. Ruapehu arrived in good condition. It was of very fine quality, and sold very- freely at 130s; Danish, 1355; Siberian, 120s; Australian, 1275; Argentine (new season’s), 1245. Cheese. —The market is quiet, but firm, and the demand Is getting better. Canadian, 68s t|» 71s according to quality. Hemp.— I The market ig quiet, but moderate business is doing. There is a better demand for forward shipment. New Zealand “good-fair,” on spot. £l9 15s per ton: fair grade, £lB 15s; fair current Manila, £l9 16s; forward shipment, N.Z. “good-fair.” £2O; fair grade, £l9; fair current Manila, £2O ss. The output from Manila for the week was 20,000 bales. Cocksfoot Seed—The market is firm, with a hardening tendency. Wheat. —The market is very quiet, and nothing is doing. New Zealand longberried, ex granary, per quarter of 4961b, 35s 6d; short-berried, 34s (new crop). Oats.—The market is firm owing to reduced samples. New Zealand short Sparrowbills, ex granary, per quarter of 3841b5, 22s 6d; Danish per quarter 3201b, 19s. Beans. —The market remains firm, only a small quantity being on hand. New Zealand f.a.q. (new crop) per 5041b, 35s 6d. p eas- —The market is steady, hut with no demand. New Zealand peas (Partridge) per 5041b, 39s 6d. Business has been done with the new crop March to April at 38s 6d. Wool. —The market is steady and prices well maintained. Current quotations for Bradford tops are: 36’s low crossbred, Is 0 % cl; 40’s low crossbreds. Is Id; 44’s, medium crossbreds, Is I’/id; BO’s halfbreds, Is Gd; 56’s quarterbreds, Is 7y 2 d; 60’s merinos, 2s Id. Pork. —The market is quiet, and small busines is doing. The current quotation is 4%d. DUNEDIN PRODUCE REPORTS. Donald Reid and Co. report:—We held our weekly auction sal&. of gYain and produce at our store on Monday, when values ruled as under: — Oats. —There is fair inquiry from shippers for prime Gartons and Sparrowbills, and lines in store are moving off at late quotations. Medium and Inferior lines are in moderate demand locally. We quote: Prime mining, 3s; good to best feed. 2s lid to 3s; inferior to medium. 2s 9d to 3s lOd per bushel (sacks extra). Wheat. —The tone of the market is quiet, and only occasional sales of choice qualities are being made. Medium milling lines find an outlet as fowl feed, which is scarce and in good demand. We quote: Prime milling velvet. 3s lid to 4s; Tuscan, etc., 3s lOd to 3s 10y 2 d; medium, 3s 9d to 3s 9%d: best whole fowl "’hr°c, 3s 8d to 3s 9d; medium, 3s 5d to 3s 7d; broken and damaged, 2s lOd to 3s 4d per bushel (sacks extra). Potatoes. —The demand has slackened, and consignments are not readily dealt with. Only prime, freshly-picked lots are saleable to shippers. Medium quality i-s therefore offering at reduced prices. We quote: Best, £2 to £2 ss; medium to good, £1 IBs to £1 17s 6d; inferior, £1 10s per ton (sacks included). Chaff. —The market is well supplied, and. owing to difficulty in arranging shipment, buyers are not operating freely.- Values are therefore somewhat easier. We quote: Best oaten sheaf, £4 5s to £4 7s Gd; choice, to £4 10s; medium to good, £3 15s to £4 2s Gd; light and discoloured, £3 5s to £3 10s per ton (bags extra). Messrs Dalgoty and Co., Dunedin, report as follows; —Wo held our weekly auction sale on Monday, when prices ruled as under; — Oats. —There is no change to report. All consignments coming to hand meet a ready sale. Prime milling, 3s; best feed, 2s lid to 3s; inferior to medium. 2s 7cl to 2s 9d per bushel (bags extra). Wheat. —The market at the moment is quiet. There is practically nothing offering from the country, and millers aro not keen buyers. Fowl feed is scarce, and meets with ready sale. Prime velvet, 3s lid to 4s; best velvet ear and Tuscan 3s 9y>d to 3s lOd; best whole fowl feed 3s 8d to 3s Pci; broken and damaged 3s 3d to 3s 7d per bushel (bags extra). Potatoes. —Owing to the shipping demand having ceased, prices have receded about 5s a ton, and the demand is very restricted. Best table sorts, £2 to £2 ss; medium to good. 30s to 37s Gd per ton (bags in). Chaff. Arrivals from the country have been exceedingly heavy, and the market has eased accordingly. Prime oaten sheaf chaff is saleable, but medium quality is without any inquiry. Choice, £4 7s Gd; good £4 to £4 ss; inferior to medium, £2 10s to £3 15s per ton (bags extra).