LATE COMMERCIAL.

Mataura Ensign, 22 March 1909, Page 3

LATE COMMERCIAL.

LONDON MARKETS. BY KLECTHIC TELEOKATH COPYBIOUT. PEIi UNITED FEESS ASSOCIATION. Received March 22, 8.25 a.m. LONDON, March 21. An Australian cargo of wheat was sold at 39s yd, 14,000 quarters of Feb-ruary-March shipment at 40s and a cargo and 8000 quarters of MarchApril shipment at 40s 3d. Linseed oil is quoted at £23. The arrival of three cargoes of rabbits has had the effect ot easing the market. Largest New- South Wales sorts are being retailed at 18s 6d to I'Js and Victorians at 17s to 18s. Frozen Meat.—.Mutton: Canterbury, heavy 3d; Southland, none offering; North Island, 213-16 d (best brands 3d); other sorts, unchanged. Lambs: Canterbury, light 4 15-16 d; medium 4Jd, heavy 4jtl; Southland ure not quoted; North Island, 4 7-10 d. Australian mutton: Heavy 2j-d, light 2!/l. Lamb: Best brands, 3|d. Beef: Forequarters, 2gd; hindquarters, unchanged. River Plate mutton: Heavy, 2|d; light, 2j[d. Beef: Forequarters, 2gd ; hindquarters, unchanged. Hemp is slow of sale, an April-June shipment, being worth £22 15s. Copper.—On spot, £55 Gs 3d; at throe months, £56 2s 6d; electrolytic, £56 12s 6d. Tin.—On spot, £129; at three months, £l3O 10s. Lead.—£l3 9s !)d. Silver. —Is 11 5-10 d per ounce. Antimony.—£7 10s. Mining Shares. —Waihi buvers, £S 15s; sellers, £S 17s (id. Waihi Grand Junction- buvers, 23s 9d; sellers, 26s 3d. LONDON WOOL SALES. Received March 22, 8.25 a.m. LONDON. March 21. At the wool sales there is remarkable animation amongst Yorkshire buyers for nood merinos and prices show a hardening tendency. Crossbreds are very linn at the highest rates. To date 139,-163 bales have been offered and 13-1.000 sold, including the Tawapaila clip at 7;d; Opu, S.id -. Awhea, BJd; Tili. 10Jd; and W.D., llgd. HIGH COMMISSIONER'S CABLE. WELLINGTON, March 22. The. following cable from tho High Commissioner lias been received, dated London, March 20: The mutton market is overstocked and depressed, and there is little chance of any advance for somo time to come, as stock is accumulating. Current quotations are: Canterbury mutton, 3gd; North Island, 2|d; River Plate, 2gd.

The lamb market is weak and there is a dull sale for all brands. Canterbury is quoted at sd; other than Canterbury, -13 d. Tho beef marked- is quiet. Hindquarters are quoted at 3Jd; forequarters, 2Jd. The butler market is quiet but steady, current quotations being: Choicest New Zealand, 106s por cwt.; Australian, 102s; Danish, 115s; Argentine, 105s.

The. cheese market is linn with a hardening tendency and there are signs of an improvement in price. White it quoted at 60s per cwt.; colored, 64a per cwt.

The hemp market is dull and no immediate change is expected. Large shipments are arriving from Manila, last week's output being 33,000 bales. Current quotations are—On spot: Good fair grade, £2l ; fair current/ Manila. £23 April-June shipment: Goud fail grade. £22 10s; fair grade, ,£2l; fair current .Manila, .£2l ids.

'['ho -cocksfoot seed market is lira' and buvers have been offering mor< freelv. ' Bright clean 171b. seed is quoted al, 80s. The hop market, is very quiet and there is nothing doingThe wool market, is lirm with a good demand for all descriptions, there being: a halfpenny advance during the week. GORE HOUSE BAZAAR. Wright, Stephenson and Co., Ltd.. ('••port as follows concerning Saturday's horse sale:—An entry of 22 horses came forward, mostb- aged draughts and inferior hacks, consequently not much business was dune. An inquiry is beginning for serviceable draughts for farm work. One contractor was present who required six and we supplied him hy private treaty at up to £33. Rabbit crs are now buying for their requirements and they procured most of the light horses offered. Entries aro now coming in freely for our special salt to be held on Saturday, April 17. DUXEDIN HORSE SALE. -Messrs Wright. Stephenson and Co. report as follows:—For Saturday's sale there was only a small entry, composed with one or two exceptions of a rather inferior class of animals. The attend ance of the public was only fair, due no doubt to no fresh country consignments being advertised. Consequently business was limited. All classes ol horses are wanted in Dmicdiii at the present time and any country consignments coming forward are eagerly competed for and realise full market value. Draughts fit for town carriers and contractors are very scarco; in fact, Duuediu has not yet been so bare of such animals for a very long time and we would recommend vendors having, such for sale to send them to our weekly auction. Spring-carters and springvanners are also wanted.

We quote—Superior young draught geldings at from £45 to' £SO; extra ijood-do. (primMvinners) at from £SO to £55; superior young draught mares at from £SO to £6O; medium draught mares and geldings at from £'3o to £4O, aged do. at from £ls to £2O; wellmalched carriage pairs at from £7O to £100; strong spring-van horses at from C 25 to £3O; milk-cart and butchers' order-cart horses at from £lB to £35: light haoks, at from £8 to £l3; extra good hacks and light harness horses, at from £l3 to £25; weedv and aged do, at from £5 to £7.