Commercial

New Zealand Tablet, 24 August 1911, Page 1633

Commercial

PRODUCE

The High Commissioner cabled from London on August 18 : —• g The dockers resumed work on Monday,, but fresh grievances arose. Some work had been done at the docks, but unloading was restricted. The railway strike began yesterday. It had a very disastrous effect, on distribution. Cannot give quotations during the present condition of the market, as they are not reliable. . Butter and Cheese.—Market favourably affected by continued drought. Hemp. Market dull, with a downward tendency. The output from Manila for the week was 12,000 bales.

Messrs. Donald Reid and Co. report;

We held our weekly auction sale of grain and produce at our stores on Monday, when values ruled as under;

Oats.—There are only small supplies in local stores, and these are moving, off at rather better prices than can be got from exporters. Seed requirements are also absorbing a fair quantity. Quotations: Prime milling, 2s 6|d to 2s 7d; good to best feed, 2s 6d to 2s 6|d; inferior to medium, 2s 4d to 2s s|d per bushel (sacks extra). Wheat.—The advance reported last week received a check a few days later, and there is now only a spasmodic inquiry, prime velvet being most favored. Fowl wheat is not in excessive supply, and meets ready sale. Quotations: Prime milling velvet, 3s BAd to 3s 9|d ; Tuscan, etc., 3s 8d to 3s 8-M : medium, 3s 7d to 3s 7^d ; best whole fowl wheat, ,3s 5M to 3s 7d; medium, 3s 3d to 3s sd; broken and damaged, 2s 9d to 3s 2d per bushel (sacks extra). Potatoes.—The market .is well supplied, and as the demand for export is not keen late quotations are barely maintained. Quotations: Best table potatoes, £3; medium to good, £2 10s to £2 17s 6d per ton (sacks included). The demand for seed is quiet. Chaff.— air supplies are coming forward, and for prime lines there is good demand both locally and from exporters. Medium and inferior sorts are neglected. Quotations: Best oaten sheaf, £4 2s 6d to £4 ss; choice, to £4 7s 6d; medium to good, £3 10s to £4; light and discoloured, £3 to £3 7s 6d per ton (bags extra).

Messrs, Dalgety and Co. report as follows:

We held, our weekly sale of grain and produce at our stores on Monday, when we offered a large catalogue to a good attendance of buyers. Bidding was fairly good for all on offer, and prices ruled as under:—Oats.—Quantities offering are not sufficient to fill the requirements of shippers from whom there is a strong inquiry, and values in consequence show an advance of ltd per bushel on last week’s quotations. Quotations: Prime milling, 2s 7d; best feed, 2s 6d to 2s 6^d; medium to good, 2s 4d to 2s sid; inferior, 2s to 2s 3d per bushel (bags extra) Wheat.—Offerings from the country are still very light, and in face of a keen demand from millers values are firmer by i}d per bushel. Quotations; Prime velvet, 3s B|d to 3s 9|d; best Tuscan and velvet ear, 3s 8d to 3s B|d; medium, 3s 6|d to 3s 7d; best whole fowl feed, 3s 4|d to 3s 6d; inferior to medium, 3s to 3s 4d per bushel (bags extra).

Potatoes.—Arrivals during the past week have been in excess of requirements, ®id values show a decline of 5s per ton. Best table sorts, £3; good, £2 15s to £2 17s. 6d; medium, £2 10s to £2 15s; inferior, £2 to £2 5s per ton (bags in). Chaff.—This market remains unchanged. Consignments, are still coming in freely and meet with a poor inquiry. Prime oaten sheaf, £4 ss; medium to good, £3 15s to £4; light and discolored, £3 5s to £3 15s; straw chaff,, £2 to £2 10s per ton (bags extra).

WOOL

Mr. M. T. Kennelly, 217 Crawford street, Dunedin, reports as follows; ■

• Rabbitskins.—Prime winter does, 17d to,18d; second does, to prime bucks, to 16d; incoming and early winter, 14d to 15d; autumn, 12d to 13d; racks, 7£d to 9d. Horsehair, 16d to 19d; catskins, 4d to 6d each. . - Sheepskins. Halfbred, 6d to 8d per lb; fine crossbred, 5£ to 7d; coarse do., 5d to 6^d; pelts, 3d to sd. • Hides.—Sound ox, 6d to 8d; do. cow, 5d to 6sd; damaged ox and cow, 3d to 4|d; calfskins and yearlings (sound), 6id to 9d. Horsehides, 8s to 14s each. Tallow. Best in casks, to 26s per cwt; do., 245; mixed, 18s to 20s; rough fat, 16s to 20s. Prompt returns. No commission.