LATE COMMERCIAL

Southland Times, Issue 17621, 8 April 1914, Page 6

LATE COMMERCIAL

CUSTOMS EE7EHUI!,

The following was the reverse received at the Customhouse for the preiod ended Aphil 7: —

CAJSTEBBirBT OBUII AND PRODUCE (Ber United Press Association), CHRISTCHURCH. April 7. Local grain markets are very firm in consequence of moderate offerings of wheat and oats. Both classes of grain are ; ,readily saleable when prices can be agreed upon. Oats. If anything, are a shade firmer, but there is no change in wheat. A little more enquiry Is coming to hand from the north for potatoes and prices have hardened somewhat. Although some buyers are only offering £2 IDs at country stations, it. »s said that a few purchases can now be made at tins figure for clean samples. DuntrEDnr stock exchange. x DUNEDIN,' April 7. The following sales were made on the Stock Exchange to-day:—Waihi Grand Junction. £1 Cs Sd; National Insurance Co., £2 12s. The following sales were reported;—rW&lhi G.M. Co., £2 3s 6d and £2 3s 9d.

SUBS9IN OB&ZB ASD FBODUOE. Messrs Dalgety and Co., Ltd., report as follows: We held our weekly auction sale ot grain and produce at our stores on Monday, when values ruled as under: Oats— There has been a good inquiry for all bright, heavy lines suitable for milling, also seed varieties, and values have, if-anything firmed- since pur. lasi,

report. We quote: Prime milling Is Olid to Is 10 Vid: good to best feed. Is to Is 9%d: medium. Is Gd to Is Sd per bushel (sacks extra). Wheat—All linos of prime quality offering are meeting with a strong demand. and late values are fully maintained. Fowl wheat is also meeting with a ready sale. We quote; Prime milling velvet, to 4s 2d; Tuscan and red wheats, 4 s to 4 s Id; best whole fowl wheat, 3s Sd to lis 10d; medium to good. 3s r.d to 3s 7d; broken and damaged. 2s 9d to 3s 3d .per bushel (sacks extra). Potatoes—Supplies of choice quality have not been coming to hand so freely of late, and its buyers are showing a decided preference for choice, freshlypicked sample* values' have hardened. Medium quality is not receiving the same attention from buyers, ■ and consignments of this description are not so readily quitted. We quote: Best tables. £4 to £4 7s Gd; choice, to £4 10s: medium to good. £3 7s Gd to £3 15s; others, from £3 pier ton (sacks iji). Chaff—Heavy consignments of medium quality new season's chaff have been coming to hand. These ary meeting with a poor demand, and arc difficult to quit. Buyers arc shelving a preference for choice quality, which is not so plentiful, and is saleable at quotations. Best old oaten sheaf. £3 15s to £4: best new oaten sheaf. £3 Ts Gd to £3 12s Gd; medium to good. £3 to £3 5s per ton (sacks extra).

LOUDON MARKET QUOTATIONS.

CHAMBER OF COMMERCE COMPLAINTS. (Per United Press Association). WELLINGTON, April 6. At a meeting of the council of the Wellington Chamber of Commerce a letter was received ’from the Department of Agriculture requesting the Chamber’s suggestions with regard to the new telegraphic code which- the department is about to have prepared for the purpose of transmitting Home market quotations for New Zealand produce. The Chamber was asked to suggest any improvements which it considered might be affected in tile form in which this information is at present cabled, and also particulars concerning other products which it was considered might, if cabled, he of benefit to producers and merchants. The secretary read two communications ou the subject from business firms. One stated that the information supplied was fairly full and satisfactory, but the other stilted that the prices which were cabled were not a fair average of lines of average quality, but rather the average prices for the week for choice produce. The High Commissioner, it was stated, had been requested to ask the permanent London representative of firms to peruse the report after it had been made out. This request was not made with the Idea of making any complaints regarding the report, but in order that the representative migbt offer his assistance with regard to sending during the week. The request, however, had been refused.

Mr X. Harkness said ho considered that the High Commissioner should he left alone in the matter and given a free hand.

Mr \V. J. Thompson; Is there any good purpose in having these reports? The chairman (Mr J. Mclntosh): “Oh, I think so.”

Mr Thompson: Business houses do not rely on them, do they?

The chairman: "Oh. no." Mr Thompson: “Well, if they are not reliable, what good are they?” The reports in daily papers, he said, were very misleading, and in some lines particularly so. Further consideration of the matter was hold over.

WHAT THE GABLE IS EOR

PRODUCERS, NOT MERCHANTS, WELLINGTON. April 7. Inquiries regarding the Chamber of Commerce complaint that the High Commissioner’s market cable is unsatisfactory have elicited the information that these messages are not only solely for the convenience of commercial houses hut. for the benefit of producers, and provide the only indication that producers get of the trend of the Home markets. Commercial houses had their own private advices, which they would continue to get despite any message sent by the Higli Commissioner, while the producers had no such aid and were dependent entirely on the official weekly cables.

Cutoms dTitles . £ i* r> t r. ii' « Beer duly . . i»9 o t) dues . . . « 11' s Other receipts • • :m> r* Total . . . . r>