COMMERCIAL

Evening Star, Issue 23681, 14 September 1940, Page 9

COMMERCIAL

GRAIN AND PRODUCE LIMITED QUANTITY OATS SEED MARKETS UNCHANGED For the month of September the fixed prices of milling wheat are based on 5s 10J,d, fo.b., for Tuscan. The final advance of id a bushel will be made for deliveries in October, thus bringing the total figure into line with the price already being paid in Canterbury and North Otago—namely, 5s lid a bushel. The fowl wheat market remains quiet, with ample stocks available. Best quality is worth wholesale 5s 6d a bushel (sack's extra). A fair quantity of undergrade is held in the stores, but the demand for this quality is weak. Wholesale prices are; — Flour—2oo’s, £l3 15s 6d; 100’s, £l4 12s 6d; 50’s, £l4 17s 6d; 25’s, £ls 7s 6d. . Pollard, £6 15s a ton of 2,0001 b. Bran, £5 5s a ton of 2,0001 b. Oatmeal. —2COlb sacks, £27 14s a ton; 251 b loose, £29 4s; 251 b packed in sacks of eight, £29 14s. Few lines of oats are now offering from the country. For heavy milling lines the market is firm at 4s 2d a bushel (sacks extra). Shipping values are on a basis cf 4s Bd, f.0.b., s.i., for A Gartons and 4s 5d for B’s. Prices, on trucks, country sidings, are 3s 9d (sacks extra) for ordinary A Gartons, and 3s 6d for B grade. The chaff market remains unchanged. The current value is £6 10s a ton (sacks extra) for a quantity, but most cf the business is in small lots ex the store at up to £7 5s a ton. There are no fresh developments in the potato market, which continues stagnant. In the meantime there are few consignments from the country, but on the ether hand the stores are holding ample supplies. The nominal quotation is £3 17s 6d a ton, but in many cases merchants are accepting less. The fine weather has resulted in spring sowing starting earlier than usual. Deliveries of seed have already been made to the country, and it is anticipated that the retail tracle will he in full swing at the end of the month. The wholesale market is rather quiet, chiefly on account of the scarcity of good lines suitable for seed or for export. FRUIT AND VEGETABLES. Fair business has been experienced during the week with supplies arriving sufficient for the requirements. Apples are in short supply, and are meeting with a sound inquiry, especially for good quality Delicious and Sturmers. Cooking apples are in very short supply. Some small consignments of pears have been meeting with satisfactory sales. Ample supplies of cut flowers are arriving,. and are in demand. A further shipment of oranges and lemons will be distributed shortly. New Zealand lemons are in short supply, and there is a good inquiry. A consignment of pineapples of excellent quality met with a keen demand. An increased supply of bananas has been promised by the Internal Marketing Division. Smaller consignments of New Zealand grapefruit are coming to hand, and the market is slightly firmer. A further shipment of tomatoes is expected. A small consignment of asparagus, the first of the season and of excellent quality, realised a high price. Hothouse grown tomatoes, grown in the north, are also expected to arrive next week. Fair supplies of fresh vegetables have been arriving. Cauliflowers are meeting with a good Inquiry, and cabbages also have a slightly belter demand. Lettuces are selling well, good quality hothouse ’n particular bringing satisfaetory values. fuel eased consignments of rhubarb arc ar riving, and the market remains firm for this. All fines of root vegetables are difficult to dispose of. The market - s glutted with supplies of carrots, parsnips, and swedes; and returns to growers muse os extremely disappointing. Wholesale prices are: — Cauliflowers, 6s to 8s a sack. Lettuce, Is 6d to 3s 9d a down. Carrots, 9tl to Is a dozen. Cabbages, 2s to 2s 6d a sack. Onions. 15s a bag. Swedes, Is 3d a bag. Spinach, 2s to 2s 6d a dozen. Asparagus, 3s to 3s 6d per lb. Rhubarb.—ss to 6s a dozen; to 5d per lb. Eggs, market price, Potatoes, £3 to £4 a ton. Pineapples, 22s 6d to 28s a case. Lemons, oranges, bananas, and apples are at Government fixed prices. PROPERTY SALES Messrs R. S. MKenzie Ltd. report the following sales:—Mr.A. Walker’s. 13 M’Ncc street (subject to tenancy), £525; Mr G. Meiklejohn’s small shop property, Glen Avenue (subject to tenancy), £750; Mr R. W. Hessey’a one and a-half siorv Onecn Anne bungalow, 36 Porlobello road, £2,075.

AUSTRALIA'S NEW WOOL CLIP SHRINKAGE IN VOLUME * .• The excessively dry season in Australia is responsible for a shrinkage in the wool clip now coming to Australia’s seaboard for appraisement, and some estimates are being made that the cheque for the year will be £57,000,000, as against nearly £05,000,000 last year. The numbers of sheep have declined slightly, and the average yield per sheep is down about 5 per cent. Less wool will be available during the current year than last season, when 3,604,316 bales were shorn, apd returns this season will_ not bo augmented by the presence of large carry-over stocks, as was the case in 1939-40. GLUTHA AND MOLYNEUX QUOTATIONS 'Press Association—By Telegraph—Copyright LONDON, September 13. Share quotations: Clutha —buyers 7d, sellers 9d; Molyneux—buyers Id, sellers 2d. AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Copyright SYDNEY, September 13. Morning Sales.—Bank of Australasia, £7 ss; Anthony Hordern, 13s; Australasian Paper, £1 9s 6d; Australian Consolidated Industrie; (cent., Now Zealand delivery), 16s 6d; Cash Orders, 155,.

MINING NEWS MOSSY CREEK. The Mossy Creek gold return was 85oz 17dwt for 133 hours’ work (13,977 yards!.