COMMERCIAL

Southland Times, Issue 17467, 23 March 1915, Page 4

COMMERCIAL

AGRICULTURAL EVENTS TOR WEEK ENDING MARCH 37. —Tuesday, Mareli 33. — Stock sale at Wallacctown. Friday, March 36. Horse sale at Winton. GRAIN AND PRODUCE. DUNEDIN. March 32. Messrs Donald Reid and Co.. Ltd., report:—We held our weekly auction sale of grain and produce at our stores today, when values ruled as under: — Oats—Tho proclamation of the Government's embargo upon the export of oats from the dominion caused a lull in business. Brices, however, have not receded to Hie extent Hint was anticipated, and for some classes of oats late values are well maintained. Wo quote: ITime milling, -t/l to 1 3: good to host feed. ■I, - to -I t ; inferior to medium, 3/9 to 3 II per bushel (sacks extra). Wheat. —Tin- local demand lias been somewhat easier during the past week. Millers have been offered supplies from the north at slightly reduced rates, and have consequently reduced their offers for wheat now being threshed in southern districts. Fowl wheat is not offering freely, and meets with ready sale. Potatoes. —Consignments are coming forward steadily, and all freshly picked lots meet with fair demand at quotations. Medium and stale lots have litl'c attention and are difficult to deal wii -. IVe quote: Host table potatoes, £1 5 - to £t Id/-: others, £3 10/- to £1 per l"t (sacks included). Chaff.—Buyers for forward delivery are not quite so keen, hut there is good demand for all prim-- quality coming to hand. Old chaff is still in most favour, particularly as some of the new chaff coming forward gives evidence of having been cut too soon, and, consequently, being unlit for shipment. We quote; Best old chaff, £6 (o £6 5 -: choice to £6 7 6: best new chaff, £5 15 - to £6; medium to good. £1 10 '- to £.» 10 per ton (sacks extra). Messrs Dalgety and Co.. Ltd., report as follows:Oats. —Since mir last report a quieter time has prevailed, due largely to ttie fact that buyers are hanging hack owing to the Government having restricted export to Australia. The quantity offering is not large, and sales have been made during tin- past f' w dais on Hie basis of quotations. We qinde: Brinemilling, i 1 to I 3: good t-> best, fee-1, -1 - to I, I ; inferior. 3, 9 to 3 I I per bushel (sacks extra i. Wheat. —Threshing is now in full swing, and a good many sales have been made on He- basis of (I'll to ,/- on trucks for forward delivery. Millers are not showing llie same keenness now. as they have ample slocks on hand. fowl wheal is meeting with a fair demand at from 7 - to 7 1 per bushel (sacks extra). Potatoes.—These have been coming forward very fre-!y during Hie past week, and the market shows a further easing in valur-s. Choir-* Iresiily-dug samples are in most request. Medium quality ami liadl y-grad-d lots are not so readily played. W- quote; Best tallies. £1 l-> £1 5 -; choice, to £1 10’per ton (sacks in). Chaff. —Moderate supplies have been coming forward of !at-‘, and all good oaten sheaf has been meeting with a ready sale at quotations. New chaff is now arriving more plentifully, but it) some eases the chaff shows signs of haling been cut ton early, and is not keeping. We quote; Choir- blacky oaieii slieal' i oh) season's i. I- - £6 7.6; host white oaten slieal' *<-1 -1 season's). £6 lo £6 n best while oaten sheaf (new season's). £5 10.- l-> £6; medium to good, £5 to £5 7/6 p-d* lon (saeks extra). HIGH commissioner s market report. (Per United Press Association). WELLINGTON, .March 33. The High Commissioner's market report. dated London, Mareli 30 (quotations unless otherwise slated tire for average market prices on spot) is us follows. .MUTTON. The market is linn, with a fair demand. Stocks of mutton on hand are light. North island 6-1 per U-; ordinary quality. -Tad. LAM H, The market is linn, with an upward tendency and a goo.l demand. Prime quality other Hum Canterbury 7VI; best quality, second grad--, Tj/d. BEEF. There is less demand as tin- result of heavy arrivals of chilled heel'. New Zealand hinds, lit-jd: fores. 6-1; chilled hinds, 6 |id; fores, .5 'id. BUTTER. Tim market is not quite so firm. Danish per cwt. 116/. to 118 -; New Zealand, Ip-/, to 113/-; and occasionally 111--; Australian. 138/- H> 113/-; Siberian, 133/- to 136/-: Argentine. 136/- to 138/-. CHEESE. The market is (irru, but Hie demand is only moderate by the trade gen-rally. It is on account of requirements tor the Government that the market remains llrm Canadian per cwt. 91 '- to 9(1/-; New Zealand, 93/- to 91/-; Australian, 9.) '- to 91/-. HEMP. Th-* market is firm, and lias advanced owing to advices from Manila, Indicating mi unsettled position owing to shortage freights, dry weather, and disorganisation owing’to the new regulations regarding grading. New Z< --'and “goodI'aii"' grade per ton. £33; fair current Manila. £37 10/-: forward shipment, April to June New Zealand “good-fair,” £■)•! 15'-; fair, £3l 15/-: fair current Manila! £39. The output from Manila Cor the week Is 23,000 bale*-

WHEAT. The market' is quiet, hut firm, on account of Government purchases. Canadian, per quarter, 61/-; American, 6-1/-; Argentine, 63/-. OATS. The market is firm, with nn improved demand. New Zealand oats short (Sparrowhllls), cx granary, per quarter of 38-11 hj, 35/-. DUNEDIN STOCK EXCHANGE DUNEDIN. March 33. The following sale was made on the Stock Exchange to-day—Weslport-Stoek-ton, 5/1. The following sales were report: —New Golden Bed, 5/-; Westport Coal Co,, Cl 13,3. THE DYE PROBLEM. (By Telegraph—l’ress Assn —Copyright) LONDON. March 31. Applications for shares in tho British Dyers' Co.'s issue represent £500,009. The scheme will be abandoned unless further support lie forthcoming. LONDON WHEAT MARKET. LONDON, Mareli 31. Chicago, May options, 1 55 Vs cents to 15515 cents: July, I3:!',s cents to 135 U cents. The market is quiet and steady. The total quantity of wheat and Hour allo.it for Hi" United Kingdom is 3.755.000 bushels, and for tlie Continent 3 ,'35.000 bushels. Atlantic shipments oaioiuit to 123,000 bushels, ami Paeitic shipments to IS.OoO bushels. The total . uropeaii shipments are 1,395.000 bushels. India 11.000 bushels, Argentine 589,000 bushels. RECORD YIELDS OP WHEAT (Special to Times,) CHRISTCHURCH. March 33. The highest yield of wheat recorded this season was 970 bushels from 11 acres on the Cashmere Estate. Christchurch—an average of SS bushels per acre. A Papami't farmer has obtained 900 bushels from II acres, or an average of S3 if. bushels per acre. The return of SS bushels per acre is believed to tic a record for the dominion. SYDNEY BUTTER MARKET. SYDNEY. Mareli 33. Heceived March 33, 1.10 a.in. Bolter lias increased by I - In 130 -. The Commodities Commission is investigating the matter. SYDNEY WOOL SALES. SYDNEY. Mareli 33. Th - wool sales have closed. Last week's extreme rates were barely maintained. For good wools, greasy, to 15 : , ; id and scoured 3-ld were made. LONDON MARKETS LONDON, Mareli 3a. IP-reived Mareli 31. 5 p.m, Colton.—.Ma\-June shipment, S.ISJ. Hemp—March-May shipm-nl. £3l. Jute—.March-.\prii shipment. £3l 10/-. Copra—Mareh-April shipment. £36 7 6. Rubber —Bara, 3/5 >5 ; plantation. 3/8 7 s ; smoked. 3, l-q. Wheat —Chicago May options are 155 i/ d and ISSG-I. July. 133 lid and I35Ud. (taiddts—The market is steady and priees are nnehanged: arrivals are large, hut the discharges are slow, PROZEN MEAT MARKET. LONDON. Mareli 3a. The following are the latest quotations for ail classes of meat, including ex store sheep. In the ease of those not quoted the price is unchanged;—

Other meats unchanged. TALLOW. Tlie New Zealand Loan and Mercantile Agency Co., Ltd., are in receipt of the following cablegram from their London office under date. 17th instant: —Wool— We quote present spot values for the following descriptions; Fine mutton 11/3 per owl. good beef 1/3 per ewt. mixed 37/6 per cwt; the market is dull with downward tendency*

LONDON WOOL SALES. LONDON. March 20. At the wool sales there was a Rood sale for better classes. icaulties were still Irregular and crossbreds are unchanged, To date 39.155 bales have been catalogued and ;’.5,122 sold. The following prices were realised for the fleece portions of the clips named:—Kpoe, top iSii, average, 17 6-Sd; I’uatae, lop 18d, average, 17 “.id. LONDON METAL MARKET. LONDON, March 19. Copper—electrolytic, £73 a/- to £73 in/-. Tin—Cash. £I7S to £l7B 10/-; three months, £l6B to £IGS 10/-. Lead—£23. THE MONEY MARKET. LONDON. March 19. With the Treasury's approval the Stock exchange Committee lias issued a revised list of minimum prices, which include Consuls at £6ti 10, -, Victorian 1 pel- cents. (102(1 loans) £O4; New Month Wales I per cent. (1933 loan), £95; Queensland I per cent., £OS; New Zealand 1 per cent, £95. WESTPORT COAL OUTPUT WKSTPORT. March 21. Coal shipments last week were:— Westport Coal Co., 9318 tons 15 cwt; Westport-Wtockton Co., 1257 tons 5 cwt. There were some idle days at the mines last week owing to the shortage of shipping LONDON WOOL SALES. LONDON, Marcli 19. At the wool auctions good merinos and all crossbreds were lirm, faulty merino-; irregular, and in buyers’ favour. The following clips realised l lie prices named —Avondale, top CSd, average 16;sd; dear, top 25 lid, average l l'-sd. LONDON WHEAT MARKET. LONDON, March 19. ■Wheat is firmer. SHEEPSKINS' MARKET The New Zealand Loan ami Mercantile Agency Company have received the following cablegram from their London office: -•'Sheepskins, combing Id, lialfwool ’id dearer; short, lid lower." “Mean’s Essence lias been used in my home witli excellent results in severe attacks of bronchitis. It lias also proven flood as a gargle in quinsy. Us cheapness increases its value in any home.” Mbs. C. Wn.KV, Manku. Auckland. Mrs. WileyV, experience will be repeated in your home whenever you try Hcan s Essence—the gr-.at money saving cough, cold and sore throat umedy. One bottle makes a pint and saves 10,- for your pocket. At chemists and stores, or post free on receipt of price, 2-, from I lean, Chemist. Wanganui. Be sure you get H-E-A-N-’S and read the circular. 15

Miir. III. Mar. 20 t‘anlerbtiry sheep. liftht 5 1-S r. 1-s 5 5-8 Canterbury sheep, mod. r> n-s Canterbury sheep, heavy — — Southland sheep —■ — N.I. sheep, best briinds t> c N.I. sheep, ordinary 5 7-s 5 7-S N.I. ewes r. 7-it; 5 7-16 Alls! ["Ilian sheep, light 7 7-ni 7 7- Hi Australian sheeji, med. r» 3-s 5 :j-s Australian sheep, heavy r. i-s r» i-s Australian ewes r. r,- it> l-s Kiver I'late sheep, light 5 r,-s 5 5-8 Kiver I’late sheep, heavy 5 1--' 5 1-2 Kiver Plato ewes — — Canterbury lamb, light — — Canterbury lamb, 2nds — — Canterbury lamb, med. — — Canterbury lamb, heavy — — X.I. lamb, sideeted "•M 7 3-1 N.I. lamb, ordinary 7 7 Southland lamb, selected — — Southland lamb, ordinary —. A list. lamb, best brands 7 2-in 7 :i-l6 Aust. Iamb, fair ipiality B T-S »; 7-s Aust. lamb. Inferior 6 2-4 6 2- 1 K. Plato lamb, 1st final. 6 3-4 6 3-4 li. Plato iamb, 2nd final. 6 3-4 6 3-4 N.Z. beef, fores t> l-S In N.Z. beef, hinds « 1-2 6 1-2 Australian fores <i :i-1 ii (» 1 -S Australian hinds « 3-S r. 3-8 K. Plato beef, chid fores a 3-S 5 3-4 K Plate beef, chid hinds ti 1-4 6 1-4 K }>late beef. froz. fores — — U Plate beef. froz. hinds — — Uruguay frozen hinds — —• Uruguay chilled fores — —* Uruguay ('hilled hinds •Nono offering.