COMMERCIAL.

Timaru Herald, Volume CVIII, Issue 16797, 29 March 1919, Page 9

COMMERCIAL.

HULL AND SOUTHAMPTON, > ' 'AS N.Z. PRODUCE PORTS. Australian and N.Z. Cable Assn. ■ ' LONDON, March 27. •The "Morning Post" says:—lt is unvderstood that Sir Eric Geddes, using ' powers'under the Transport-; Bill, poses to make Hull the centre for wool .ana., Southampton for cold storage. ;1 (FROZEN MEAT IN NEW YORK. i >jv . NEW YORK, March 27. lamb and muttgn have been .sold in the market..as. an experiment fat,; several pence per lb cheaper than,the American product. PRODUCE IN SYDNEY. SYDNEY, Marc-h "28, .'Oats, Algerian, feeding, 5s 2d to 5s milling 5s 6d,, Tasmanian 6s to 6s 6d. Barley, Cape, 5s 3d. "Maze, 8s 1 Id to 8s 3d. Potatoes, Tasmanian, £ls I to £l6. Onions, New Zealand, £l2 6s 4d to £l2 10s, "V ictorian £lO to £l3 " , THE SUGAR INDUSTIY. MELBOURNE, March 28. The Commonwealth Government is appointing a local Commission to inquire into the sugar industry in Australia, in view of the world's shortage and the high cost of production;: also ' to consider the question of the continuation of Government control -of: the in-■ dustry. ' THE LOCAL"MARKETS. ' ' Merchants report increasing/ difficulty in placing lines of good jnilling wheat, but are hoping that this will be . overcome shortly by- Government intervention. Second class wheat is offering freely and is finding a ready market at 5s 9d to 6s 3d f.0.b.; although in. some cases farmers are will- 1 mg to a;li such quality (which - last year .would have passed as good milling) at fowl wheat pnees, rather than' be bothered'..waiting for the Governmentto act. . They , wish to get their padlocks clear before the. weather breaks, j and to get on with their ploughing for , nexts year's crop; Oats are dull of; sale. Business now appears .to bt> going to the Bluff and ' the' Southland crops are turning out 1 ' ..well. B. grade Gartons -are worth 3s to 3s. 3d delivered Tim ant; A. grade , a; shade more. Duns command '"3s'(jd to--3s ,9d.v Algerians are.not offering, bub are worth 2s 8d to 2s lOd on -trucks, country stations, sacks extra. Chaff is not inquired. for, but is nominally worth £4 to £4 10 on trucks, sacks found by buyers. - :• Potatoes have -firmed: slightly, mainly on _ account of farmers' holding m l anticipation of a Government announce- I ,-ment m regard to the' removal of the ' embargo on export. It is' thought in i some quarters that this is - rather a 1 pity as, should prices advance apprfeci- ' 'y, -the Board of Trade would prob- i ably be led to think that'there was a 4iort crop .-..and- insufficient potatoes for -the Dominion's requirements, in - which case, they would probablv leave the . embargo on. £5 ,tor £5 10s on .trucks, sacks is to-dav's quotation. There is nothing doing -in ryegrass or. clover seeds..' '■ " I

-It is understood that ..shippers of partridge peas just due to wrive in London aro having difficulty in getting them handled owing to the Govern" niont,. ,wbo are still controlling food supplies, .haying, stopped buying. This is placing shippers in a very awkward ■predicament. - . • . v .