COMMERCIAL

New Zealand Tablet, 24 February 1916, Page 31

COMMERCIAL

Messrs. Stronach, Morris, and Co., Ltd., report for week ended Tuesday, February 22, 1916, as follows :

Rabbitskins.—Our next sale will be held on Monday, 28th inst.

Sheepskins.—We held our fortnightly sale to-day when we submitted a small catalogue to the usual attendance of buyers. Competition was keen, and last sale's prices were well maintained. Quotations: Best half bred, to 12|d; medium, to ll£d; best crossbred, to 12£d; fine crossbred, to 12d; best merino, to 9d; medium, to . B^d; best hoggets, to lid; medium, to 10§d; pelts, from 3§d to 9§d. Hides. — next sale will be held on Thursday, 24th inst. Oats.—New season's oats are now coming forward in small quantities. - All lines offering for immediate delivery are readily placed at quotations. Buyers are not so keen to make purchases for later threshed lots. Prime milling, 3s 3d to 3s 4d; good to best feed, 3s 2d to 3s 3d; inferior to medium, 2s lOd to 3s Id per bushel (sacks extra). Wheat.—Millers have been supplying their requirements from northern stations. Samples of southerngrown wheat are now coming to hand, and all good sound lines meet with ready sale. Fowl wheat is scarce and meets with a good local demand. Best whole fowl wheat, 5s to 5s 3d per bushel (sacks extra). Chaff.—There has been a good demand for all choice lots of old chaff which have met with ready sale at quotations. Best oaten sheaf, £5 to £5 ss; medium, £4 10s to £4 15s; inferior and discolored, £3 10s to £4 per ton (sacks extra). ■ Potatoes. There is a good local demand for choice lots, and consignments are easy to quit on arrival at quotations. Best freshly-dug table lines, £7 to £7 10s; medium to good, £6 10s to £7 per ton (sacks in). Messrs. Donald Reid and C 0.,, Ltd., report: We held our weekly sale of grain and produce on Monday, when values ruled as under: Oats.—New season's oats are now coming forward in small quantities. All lines offering for immediate delivery are readily placed at quotations, but buyers are not so keen to make purchases for later threshed lots. Prime milling, 3s 3d to 3s 4d; good to best feed, 3s 2d to 3s 3d; inferior to medium, 2s l.Od to 3s Id per bushel (sacks extra). Wheat. —The local market is at present almost bare of stocks. Millers have been supplying their requirements from northern stations. Samples of southerngrown wheat are now coming to hand, ~ and all good sound lines meet with ready sale, for immediate or forward delivery. Fowl wheat is scarce, and meets with good local demand. Best whole fowl wheat, 5s to 5s 3d per bushel (sacks extra). Potatoes. —The new crop is now coming on the market. In most cases the quality is first class, but the Government inspection of lines for shipment is critical in the extreme, and only thoroughly choice lots have so far filled its requirements as to condition. Best table potatoes, £7 to £7 10s; others, £6 to £6 15s per ton (sacks included). Chaff.—Prime old oaten sheaf is in request, but lower grades have little demand. New chaff, if in sound condition, meets with fair inquiry. Some consignments of new chaff are not sufficiently matured, and are more or less heated, which makes them difficult to deal with. Best oaten sheaf (old), £5 to £5 ss; medium, £4 10s to £4 15s; inferior and discolored, £3 10s to £4; best new chaff, £4 10s to £4 15s; medium, £4 to £4 5s per ton (bags extra). ' The High Commissioner cabled as' follows from London on the 19th inst: Mutton and Lamb. —The market is firm, with a hardening tendency. There" is a good demand for all descriptions owing to the short supply available. In more than one instance sellers have accepted Jd per lb

below the official quotation. Canterbury mutton, 7§d for all weights; other brands than Canterbury, not quoted; ewes, 7£d; Canterbury lamb, B£d for all weights; second grade, 7|d; other brands than Canterbury, ordinary quality, 8d; a small number of this season's selling at 9d. % Beef.—Only New Zealand cow beef is available. Hinds, 6£d; fores, s|d. Chilled (in limited supply): Hinds, 7§d; fores, 6§d. Butter.—The market is firm, with a good demand for colonial at higher prices. Danish (market firmer), 165 s to 168 s ; >New Zealand (firm market and a good demand), 154 s to 1655; unsalted, 160 s to 1645; fair to good quality, 146 s to 150 s; Australian (market quiet), 146 s to 150 s; Siberian (steady), 124 s to 130 s; Argentine (market closes strong), 142 s to 1445. Cheese.—The market is quiet. Canadian (market quiet but steady), 99s to 100 s; New Zealand (market quiet at a decline), white 95s to 965, colored 96s to 975, fair to good quality, 93s to 945; English cheddar (firm market), 106 s to 108 s; best quality Cheshire, 114 s to 120 s; United States (market quiet but steady), 96s to 975; flats, 95s to 965. Hemp.—The Manila market is quiet, except for the lower grades, for which prices have advanced. Coarse has been sold at £53, for March-May shipment. The value of new graded fair is £56. The New Zealand is also quiet. Good fair, about £47; fair, about £45, for February-April shipment. Nearer positions command a. premium of about 10s. Hops.— market is firm, but lately there has been a limited supply. English, 140 s to 150 s; Californian, 99s to 115 s. Wheat. The market is firm, but on account of high prices buyers are cautious. Canadian, 70s per quarter on spot; February-March shipment, 68s; Argentine, February-March shipment, per steamer, 68s; per sailer 675; Australian, February shipment, per steamer, 70s; per sailer, 68s 6d. Oats.—-The market is dull, with a downward tendency. Argentine on spot, 31s 6d; afloat, 30s 6d.