SECOND EDITION.

Mataura Ensign, 17 March 1910, Page 3

SECOND EDITION.

COMMERCIAL. LONDON MARKETS. BY ELECTEIC TELEGEAPH COPS EIGHT. PEE UNITED PEESS ASSOCIATION. LONDON, March IG. Copper.—Spot, £SB 0s 3d; three months, £59 18s 9d; electrolytic, £62. Tin. —Spot, £143 17s 6d; three months, £145 15s. Lead. —£13 ss. Wheat. —A South Australian cargo sold at 395, Victorian 38s 7Jd. Messrs Dalgety and Co., Ltd., report having received the following cable from their head office, dated London, March 14:— Butter—Unsalted is firm and salted meets a good demand. Australian realises 126s per cwt; New Zealand. 128s, both 2s higher. Demand for unsalted butter is dull for the moment. Cheese—The market is firm, finest colored realising 59s to 60s per cwt and white 60s to 61s.

PRICE OF SILVER. Received March 17, 9.15 a.m. LONDON, March 16. Silver is quoted at Is 1 lijd per oz. standard. LONDON WOOL SALES. Received March 17, 9.50 a.m. LONDON, March 16. At tho wool sales there is animated demand and splendid competition for merinos, which have a hardening tendency. THE TALLOW MARKET. Received March 17, 9.10 a.m. LONDON,. March 16. At tile tallow sales 938 casks wero offered and 793 were sold at the following prices—Mutton : Fine, 37s 6d; medium, 34s 6d. Beef: - Pine, 375; medium, 345. BUIINSIDE STOCK SALES. DUNEDIN, March 16. , Sheep.—37o9 penned, representing the biggest yarding for some years. Hie sale was good, competition being keen throughout. Quotations: — Extra, prime wethers to 16s 9d; best, to 15s; medium, 12s 6d to 13s 6d; extra prime owes, to 16s 9d; medium 10s Gd to 13s; inferior, to 9s. Lambs.—22sß yarded. Prices were very poor, being about Is per lieac easier than last week. The freezers apparently are not buying on account of tho poor quality. Best lamb? brought to 14s 9d; medium, to 13s; inferior, 8s to 10s. Cattle.—2oo yarded. The prices were about the same as those last ivcek—very firm. Inferior cattk brought from £6 7s 6d to £7 7s 6d: medium, to £8 10s; best cattle, £1 to £9 17s 6d; while one pen brought up to £10; inferior heifers from £4 7s 6d to £5; best cows, to £6 ADDINGTON STOCK MARKET. PEK UNITED J'RESS ASSOCIATION. CHKISTCHITRCH, March 16. At the Addington stock market today the yarding of store sheep was not C[inte so'large as that of the previoui week and offerings wero mostly oi backward softs. There was keener de mand for ewes and they sold at Is pei head advance, while lambs were down a similar amount. There was no change in wethers. Two-tooth ewes made 14: to 16s 6(i; four-tooth, 13s to 17s; sound-mouthed, 10s 9d to 13s; forward ivethers', 13s to 14s; others, 8s lid t< lis Gd; forward lambs, lis to 12s 6d others, 7s 8d to 10s Gd. Fat Lambs. —There was a large yarding totalling 8149 head and including some good lines of tegs, but thert was also a proportion of inferior ant. unfinished lambs. There was keen demand for all well-finished lots, an<> tegs showed an advance of about 3c to 6d per head and were firm at las! week's rates. Fat Sheep. —There was a fairly larg( yarding, the greater portion beinjL <3»es. There was good demand for all descriptions and prices were firmer ai round.,; The range of prices was: Primi wethers. Jos 3d to 18s 2d; lighter, 13 3d to 15s; printo ewes, 12s 6d to 16 lid; others, 10s 6d to 12s; merin ewes, 8s Id to 8s 7d. |'at Cattle.—2Bo head were yarded which were mostly sent in by dealers Heifer beef was in rather better de mand, but on the whole there was litth or no change in values. Steers realise'£6 17s 6d to £ll ss; heifers, £5 5s tc £7 17s Gd; and cows, £4 2s to £8 15: —equal to 19s Gd to 22s 6d for prime 18s to l!)s for medium,, ami 15s 6'. to 17s (5;1 for cow and inferior per lOt lbs.

Veal ealves made 3s 6d to 525, ant up. to £3 16s for extra large. Store Cattle.—There was a large en try, but they met with a slow sale Eighteen months old sorts made 20s t' 335; three-year-old stores up to £5 15s Pigs.—There was a large entry ant they met with dull salo_ throughout. Baconers brought 44s to 52s —equal t< 3Jd to 3:id per lb.; porkers, 32s to 43; —equal to 4Jd to 4id per lb.; larg< stores, 25s to 325; smaller, 14s to 18s: weaners, 6s to lis 6d. A line of 51 good stores from Hanna Bros. (Southbridge) changed hands at 31s.

GORE COMMERCIAL REVIEW. 'Ensign' Office, March 17. Oats.—For the opening of the season tile state of the oat market is hard to understand. There is very little business passing and merchants seem to Ik- content to wait until things take a turn before commencing operations. As millers have now sufficient stocks for their requirements meantime they are not keen on purchasing and prices during this week have been a litth easier. Growers are, however, stil firm in their ideas of value, and a: there is no improvement in the ship ping demand prices on trucks will havi to come back before business is possible. Wheat. —The market is a good deai easier owing to the weakening tendency in the London market and the fact that millers now have heavy stocks. God lines of Velvet are in request at up to 3s but such lines as McCallum's and Velvet Ear are hard to place be-, voiul 3s 5d on trucks. I Clialf. —There is a fair inquiry for prime lines at 50s on trucks, which price is likely to keep firm. Ryegrass.—A fair quantity of seed i: still ottering and prices are about on a par with last week, viz., from is {)d to 2s 3d, according to quality. There has been a steady demand since the opening of the. season and it is anticipated that prices will remain firm.

GORE HORSE SALE. The National Mortgage and Agency Company, Ltd., report as follows: We held our special horse sale in Ward's Bazaar on Wednesday in the presence of a large attendance. Our entry consisted or 65 horses of all descriptions, the majority being of medium quality. Buyers were present from most of the neighboring districts, also from Dunedin, Invercargill and Llarksville. Young, sound mares and geldings were in good demand and all of this class sold readily at prices in most cases above vendors' expectations. Out of 'the total entry we were successful in selling 36 horses. On account of Mr Robert Keith, Waikaka Valley, two rerv choice six-vear-old mares were secured by Messrs Ormerod and Wells at £47 and £4l 10s, these being tile highest prices recorded during the sale. On account of Mr Robert Dickie a nice five-year-old gelding brought £37, .Messrs Oremro'd and Wells being the purchasers. We also sold on account of Messrs W. C. Ladbrook and Sons two nice three-year-old geldings at £35 and £33, Mr Alex. Allison, of Clarksville, being the purchaser. Other sales were: Bay gelding, oyrs., £3O; bay mare, 7yrs., £25; do., £25; bay gelding, £3O; bay gelding, £22 10s; do., £2O: springcart mare, £18; harness gelding, 7yrs., £ls 10s. Hacks sold at from £3 to £3 10s, and aged mares and g?ldings at from £3 to £9. In conjunction with Messrs I. W. Raymond and Co. we sold two extractors' teams, harness, dray and waggon. Most of these horses were just out of hard work and were low in condition. They sold as follows—Bay gelding, £29 10s; bay mare, £2B; bay mare, £22 10s; bay gelding, £22 10s; bay gelding, 4yrs.,'£2o 10s; bay gelding, 4yrs., £2O; 2 geldings, 9yrs., £ll

10s and £11; timber waggon, £18; Ura.v, £l4. Harness and sundries sold at" satisfactory prices'. Altogether the sale was a very great success and demonstrates tho fact that well-bred young draughts will command good prices while old ami inferior are difficult to dispose of.