COMMERCIAL

Oamaru Mail, Volume XXVIII, Issue 8291, 21 September 1903, Page 2

COMMERCIAL

[By Electmo Tkleoraph.—CorYinoitx.]

HOME MARKETS,

Pkk Pnrcss Association'. Received September 21, at 9.10 a.m. London, September 20, Silver, 2s 2Jd. Frozen Mutton—Sheep: Canterbury, light 4id, medium 4d 3-16tha, heavy 4Ad; North Island, 4d l-16th.

Now Zealand beef—lßolb.s to 2201b5, fair average quality, ox fores 2!jtl, ox hidea 4^d. River Plate sheep, 3|d. Received September 21, at 9.6 a.m. London, 'September 21. The New Zealand Shipping Company has declared a dividend of five per, cent. The wool sales are very strong in all classes, particularly crossbreds, and there is an upward tendency. The "Kawarau" clip realised The. quantity catalogued to date is 50,383 bales, of which 40,044 bales have been sold.

ISy Telegraph. Wellington, September 21. The Department of Industries and Commerce have received the following cablegram from the Agent-General, dated London 19th: —"Mutton market remains film. Average price to-day: Canterbury brands 4jd per lb, for Dunedin, Southland and Wellington Meat Export Co. branch; for other North Island brands 4d, ewes 3;Jd, River Plate mutton 3gd. Lamb market closed this week quiet, but rather steadier. Average price to-day: Carierbury brands 42d per lb, brands other than Canterbury 4|d to 4Jd, tegs 4Jd. Reef market improving, with .better demand. Average price to-day : New. Zealand hindquarters 4d to Aid. foreqnarters 2gd. Mutter market rising. Average price : Choicest New Zealand 98s cwt, Danish 109s, Irish 102s, Canadian 965, Siberian 89.-S. Cheese market advancing steadily. Canadian, on spot, 51s, September shipments quoted at 57s per cwt. c.i.f. Good business is done in hemp, but now quiet. Prices to-day : Good fair WeiliiiL'ton, spot £33 per ton, October-Decem-ber shipments £32. Cocksfoot seed marktt steady. Average price for bright clean New Zealand seed, -weighing 1.71b«, per bush, on spot, to-day, is 49s per cwt. Active demand for wool continues at present sales; market firm, with hardening tendency."

THE LOCAL MARKETS. Oamaru Mail CVHce, Monday Afternon. Dullness pervades the- local markets, (iml there is really very little business passing •i) any direction. Wo have heard of a few ■-■inair s.;ilt.*s of wheat during the week. In iin;' instance a line of fair, but not prime, milling wa,i sold at Is ex store, and early in the' w::ck sales of velvet wire made at Is 3d at sidinufi. There are anxious inquiries from ail "quarters for milling wheat generally, but millers, while dwirous of Securing supplies, cannot see. their way U> buy at current quotations with Hour at its present price, declaring that it would entail a loss of £1 ]H;r ton on the niaiuifacfnred articls. Negotiations are now proceeding which it is hoped will lend to an understanding being arrived at amongst millers. At a meeting of millers not included in the Association, held in Timaru last \w<:!t, a deputation was appointed to wait on the. chief of the free millers, who wan not present, with that end in view. The result of the interview will be reported to another meeting to be held to-morrow. Should the effort prove successful, We may expect to see a revival of animation in tin* wheat market, and transactions -it present quotations becoming plentiful. Fowl wheat is in good request, but there in very little available, and we have, not heard of any sales. Oats are dead, but there areno alterations in quotations to note. Judging from the present slow movement, there is a. prospect of the, end of the season finding us with a heavy surplus of oats on hand. Tim matter is one for serious consideration by holders, who should early determine whether to reduce their present price limits and so effect a clearance or carry over large stocks to next year. There is really nothing to report in "reference to barley. Potatoes areslow of sale, but there, is no change in prices. We quote : Wheat.—Prime velvet, An to 4s Id ; Tuscan, 3s 9d to 3s lOd; red chaff and otlier varieties 3s 9d to 3s lOd ; milling seconds, 3s 4d to 3s sd, all at sidings and sacks extra ; store delivery, Id more; fowl wheat, 3s 2d to 3s 4d, f.o.b. Oats.—Gartons, Is 5d to Is 6d; Danish, Is oid to Is 44d; Duns, Is 4d to Is sd; second quality Id lesa oil round; all at sidings (6acks 4£d). Barley.—-Fair malting quality, 3s to 3a 3d f.0.b.; feed, 2s 4d to 2s 6d (sacks extra, 4id), f.o.b. Ryegrass. —Prime, 3s 9d to 4s 3d; light seed, 3s 6d to 3s 8d; all machine flressca. Potatoes.—£3 Ss to £3 7s 6d. Flour.—Roller, sacks, £9 10s, smaller parcels, higher. Bran, £3. Pollard, £3 10a. Oatmeal.—2s's, £9 10s. Dairy Produce.—Butter : Factory, 10JJ; dairy, 8d to 9d. Cheese—Best, 6id. Eggs, 7d. Ham, 9Jd. Bacon, BAd. Pork, 4Jd.

TIMARU TATTERSALL'S The entry at Tatters;) 11's, on Saturday consisted of 58 draught, light harness and hackney horeses. Owing to the fine class of horses offered, and also no doubt to tho fact of the annual meeting of the Canterbury Farmers' Co-operative Association being held on that day, the attendance was about the largest ever seen at 'J'attersall's. The sale all-round was good, and there was a keen demand for good young draughts; the majority of this class offered were of excellent quality, and included several hi(,'liclass fillies from Victoria. A very spirited competition took place on Mr J. Shaw's pcrigree Clydesdale filly Kate, 5 yeans, by Prince of Albyn—Blue Ribbon. Bidding commenced nt 60 guineas, and by 5 guinea bids went to 80 guineas ; thence the bidding increased by guineas, and the filly was sold to Mr Ephivum Griffiths, of Hilton, at 92 guineas. A bay mare, 5 years old, on account of Mr P. Davidson, was sold to Mr Leonard Rooke for £9O. Mr W. Kiiw's bay mare Bloss, 4 years old, became tlio property of Mr C. Hewson for £56. M<<-srs A. and D. Millar secured the gelding <Sandow for £SO. The general entry sold as follc|ws :—■Draughts, younig, with 'trials, £34, £36, £37 10s, £3B, £4O, £43, £46 10s, £4B, £SO, £55. Draughts, light and aged, £24, £2B, £29 10s, £33, £43 10s. Harness horses, £ls, £l7, £2l, £24, £25. Hackneys £l4.

DUNEDIN- HOUSE SALK. Messrs Wright, Stephenson, and Co. report as follows:—Nino draughts and 17 hocks and harness horses constituted the supply for this week's sak\ For tlio draughts there was a very keen demand, nnd all of thorn changed hands as follows: Powerful bay gelding, seven years (slwfler), £62; do six years, £6O; 'active tij)-cart gelding, four years, £59; nuggcty cart geldinir, eight years, £56 ; very powerful lorry Horse, aged, £56; aged draiiirlit. iriare. £36; aged draught gelding, £3O; ligM draught gelding, aged, £29; very ."mall aged mare, £25. The light horses offered were a very poor lot, and about one down of them changed hands at from £7 10s to £l2. We note a very strong inquiry for sound, young draughts, and any number can'be placed at the present pricr.s ruling We have private tuyere in hand \v;uitinj good farm mares and fillies (with ppdigrco»)i and wo have- also customers in hand for heavy cart horses. We recommend consignments of mares and geldings of row stamp for this market. ' Strong liarno» horses continue extremely scarce., and prow prices. are .paid for all first-class animals of ■the class that coma forward. We quote: Superior young draught geldings, £ssto' £65; extra good, prize, horses, £65 to *w? ■t&edium. draught mar\s and geldings, »W to.-£64; acred'do. £2B to £3B; uwtandin.? . carriage horses, (£3O to £35; well-inaiolicu pairs. .£BO to £100: strong «l> r "#* van horses, £35 to £4O; milk-cart, and butchers' order-cart horses, £22 to £34? t» ID Ibnrsca, £l6 to £2B; Briit hacks, £l2 j° £18; extra good hacks, £2O to £3O; w«dy and aged hacks,and liarness horses, *& w £lO.