COMMERCIAL.

Oamaru Mail, Volume XXXIV, Issue 9478, 4 February 1907, Page 1

COMMERCIAL.

IK'MI. MA!. W.T-. |»Y KLECIRIC TKI.E'iI'.MU Col-TKliiUT.j ll'Klt I*JU>S ASSf'l-lATIoS.) Ueceiv.-d February -J. -it 7.36 a.m. l/jiiju:], February 5. Silver, 2s 7 15-16! i*r omu«. Copper—Firm at rati* unchanged, llnhigh prices are ilieckitig businetfc. iloiu-r —Quiet. Australian, 12s !o l&:j Now Zealand, 25s to 40b. Wheal—l2.soo quaru-is of South Au» iraliaii February-March shinnvrot- sold at 50s. Tin; Hinejiioa's cargo brutish; 29s IOJd. Tallow—Stocks. 6362 casks; import.-. 4151; <kliveri«>, 4256. Kabbils—lJull al prior; umhaiisid. indes—.Sains smail inquiry and ]<ri<.-i«-unchanged. Jxsainer lias declined a farthing. First- Wellingtons, Is unchanged. Frozen meats unchanged. •Shares—Waihi. £8 15«. Hemp—Finn. January-March tJiipiiHiiu art- quoted aL £39 2s 6d. AUS Hv Telegraph. Wellington. February 4.

The Department of Industries and Commerce teceived the following ..able Jrotii the High Commissioner, dated' London. February 2:- "Mutton market weak. The quantity going into consumption at present is" verv small, but the supply ;n«-!« tlie demand - . Light Canterbury muttou, tu-iue. 4Jd. average price heavy-weighs Canterbury I±<\. North Hand mutton 4jjd and 4jd for light and heavy-weights ie.;pe< lively. Lamb market quiet, as buyeni are not prepared to make Jo! wan! purchases at present prk«*. Market v<ry unsettled on a<counl of the <oMs:i«JjtJ<»ry reimrts which are ..urient regarding she drought .-litectiii-j N«w Zealand t,bip:u««is. Nominal priie New Zealand lamb 6d |«-r lb. Australian is quolod at -3jd. ISeef market dull. Hindquarters 3|d. :'<irii|ii:ir ters 2Jd. Itutter market siejdy. Fair demand for better >jrad<s. New ZeaJairi butler is -jiving .satisfaction I<> hny.n-. and choice brands are quoU<! .u 10!s )<er «wl. Australian 925. Danish 13-3s. I'l'mw market firm, with lorw.-nd tendency. Go.*! demand at 63s for New Zealand inaaiufa.--ture. Hemp market quiet, but linn. Good business has been done. Good fair grade on spot. £3O. January-March khipinent £39. Fair current Manilla £-93. Hotter demand for coiki-font *<*«!. lirijbt dressed 171b to liiislkl -58s per ewt. The following are the shipments received from the River Plate during January: —Mutton: London 61.998 carcases. Liver|«no! 81.395 carcases. Hull 32.556 oir<-it-<». Newcastle 20.172 carc.ii-.es. Cardiff 6358 <ar-i-.i-.ca. Southampton 2151 . :ir<awes, l'lvmouth 1617 <-ar.a>cs. t..i.i3 156.241. Limb: 4102. Hull 1716 career-*. Newcastle 979 cireases. Cardiff 695 can-as.*.. Southampton 296 carc-ises, l'lvmouth !C0 <art:is>*.. total. 9697 carcases. ' UulKt : 111.063 «wl to L<»ndoii, Liverpool, and Southampton." LOCAL MARKETS.

Oamaru Mai! Office. Monday afternoon. In the culm* of another week wheal wiil Ik- properly on tin.- market, but at present prices may not be quoit*! with any idea of certainly. indtcd there is more excitement a ntft thai' business. Several *a!cs of Hew Htvus Jtui been made at oh Id at .sidings lless «*>!»■- miction), but J»'t a. urea? deal has !*.»'!« threshed yet owinj to the difficulty _«f obtaining ' hands, hav inj; pjevcnled iuji.it. which are otherwise ready from making ;i stari. Farmers are all inclined to thresh out of the stouk. if they can "\t tain the necessary men. thi> cou:*e beiiijr considered expedient :'«r several reasuns. Rein,: so short in the straw the will not stack well, and every time it is moved there is a !•>*> because the heads are so dry that they will not contain the berries. Fanners have never before, experienced the same difficulty in saving the >ts during cutting oiK-ratiom. aad in nianv paddocks there is a pood handful of wheal, underneath every hheaf. S'jouiJ iJie weather keep drv for the next fortr.JL'ht. the harvest will I"' practically over. The <:at trots tiro everywhere light, and a number of the farmers liave decide ji.it to thresh it at all. but to cut the crop into chaff out of the stook. In many e:u*s. however, the straw is so short tlni- the chaff will Ik' too good to use except wh, n mixed with straw clriff. Oats are jn.iiiinallv quoted at from 2-> Id to 2s 3d. Barlev is in small area, and what crojis lliei<are are tit short thai the growers are talkinu of cut till:: them with the hmw. r | there hns bi-en scar<ely any ry-,-jr.iss «ir cocksfoot- saved this year. .in<j*upp]i<s v.:.. luive to be obtained from north and south Another -reat loss to the district i.« the fact that'then: will be almost u total absence of locally-grown clover are firm owing", no doubt to being smaller/ Quotations are £6 to £< per toil at- siding.

We quote : Wheat.—ss Id f«r iiii!Snur at siding. less commission. Oats.—2s Id to 2s 3d tit sidings, K~commission.

Oatmeal. £l3. Bran.— £4. Pollard.—£s. Potatoes.— £6 to £7 on truck*, less commission. Butter.—Dairv. 7d to 8d : factory. "jd. Eggs.-10d. " DVNKUIX HORSE SALE. Messrs Wright. 'Stephenson, and CV.. (Ltd.) report as follows:—There was a vei v good entry of horses for last Saturday's sale, and the "quality was decidedly better than we have had in the yards for several weeks past. We specially refer to thedraught horse*. There was a good attendance of the public, and both bidding and inquiry were brisker than they have been since the holidays; as a consequence we are pleased to report a very satisfactory sale." Tin- main attraction was a wiigpun team from lliilend. All the horses ill this team were of good serviceable class, suitable for either town or country work, and everv animal except one (a Miiail inare) changed hands at up to £47 10s. Saturday's sale fully bears out what we have been reporting" for some time past— viz.. that whenever fresh country horses are offered in this market they always command keen eomjx-iitioii and realise full value*. In the Jight-haniej* section a niie black geiding (four years o!d| from Hampden was greatly admired and elicited ke-cn competition, and soon reached tb<- :i:iudsome figuie of £33. at which price hchanged hand*. We can n-adiiy place -.-on sigmncnts oi good young draught mares and gekiings, both heavy and medium, aijd there is a good demand for first c.ass. strong, upstanding saddle and h:-.n>«> horses. Our principal transactions this week were:—Chestnut gelding, six ;.<-.ir.s. £47 10s; blown gelding, seven years, £4j 10s: bav gelding, seven years. £42: luy gelding."five vears. £42: bay gelding, five veare, £4l 10s: bay gelding, six years. £39 10s; spring-cart «e!ding, £29; <spriivcarl mare. £25: order cart gelding. £22: buggy gelding. £55. We. quote: .Superior voting draught geldings at from £45 to £52; extra good do (prize-takers). £56 to £6O: superior young draught mares. £55 to £65: medium draught mare* and frejdintrs. £SO to £4O: aged do. £l3 i«. £25: weil-matehcd carriage pairs. £75 to £100; strong spring-van horses. £25 X" £SO: milk cart and butchers." order-car. i.orsea. £lB to £25; light hacks. £lO to £ls: extra coed hacks and harness horw». £?0 to £25"; w«dv and aired do, £5 to £3.