COMMERCIAL.

Oamaru Mail, Volume XXXV, Issue 9748, 27 January 1908, Page 1

COMMERCIAL.

IIOMK MARKETS

[Bv Electric Tki.kukapu.—Coi'yhmht.]

I (Pun Prkss Association.) Received January 27, at 8.11 a.m. London. January 2b. Copper—Spot. £62 2s 6il : three months. £b2 15s. Tin-S|M,t—£l2s 2.-; 6d : three months. £125 17s od. Silver, 2s 5-jd. Antiinonv, £lO to £l2. Lead. —Mattons annual review of the lead market says the present position is quite sound. '1 he recent drop in pri.e was greatly overdue, even if the general CGiniueiciaf position was taken into a< - count. With an even supply and demand the price would not vary much fnnii the established level. Hemp—Quiet. The r'el.ruary-Maivli shipment realised £2tl. Copra —fair demand. South Sea, £l7, 10s; other sorts weak.

Wool—Firm with pri.es unchanged. To date. 31,0!)1 bales have been catalogued and 28.939 sold. The sales included "l'aieora" BJd, ••'l'aniala" UA<l, "Timaia" 10>l. "lion)'" 10* d. Linseed oil. 20. Rabbits-Colonial quiet an.l un< hanged. Knglish verv plentiful. Sheep—All sorts unchanged. Lambs—Canterbttrv light and medium 5d 5-lGths. heavv "od; other soils unchanged. Heel'—Cm hanged. liiver l'iate sheep nn, hanged, l'.ee,'■■Fores unchanged; hinds "ni l.loth.

LOCAL MARKETS. ()iun:irii Mail (Mini!. Monday Attemoon. The ll.mu- market for wheat li:i.- been slightly easier elmin.u tin- week owing partly' to icpoits of good n-t in the Aigentine and partly (<i ill" free selling in Aineriea, whoie ilie finain ial depres.-don has Hindu holders anxious to turn tlu-ii grain into (ash. At tin- same time-(here !.s not much tear of the market going back far. a.s tlu- shoitage must maUi' itself felt sooner «r later. Locally there in still veiy litth> doing in wheat, only one or two samples being as yet on tin- market, but those appear of the right <|iiulity. Offers of 4s 3d have been made and are now awaiting replies. No doubt this price will be maintained until millers have obtained small supplies tor mixing with old stocks still on baud. No doubi the present weather will retaid harvesting somewhat, and will delay business imisiderablv. Hats are still dceliniu.;. and 2., to 2s Id at siding seems to be tile value of anv at present ottering. Pus;. ne.NS can be "done at these liguies as soon as samples are fortheoming, provided the weathei does not alter (lie tptality. It is similised bv some thai pi ires will recede even further, lint this will depend greatly upon the ell'eet of [lie weather. 'l'liere i., , no barlev coming loiward and no sample., are 'being ottered. The price loi this cereal is very good piovide.l (lie .piahty | is equal to malting. Ryegrass is being sent torward treeiv for dies.-ing. an<l t-oine loiv go.d seed :s Loin- «a\e,l this sea. sou- the best we have ...ecu In the Camani district-but Drives, because ot the iarire crop <lown South, ale veiy iow. 2., 6d to Os beinc the hc.-.t pine offeied lor good samples fii to be u«ed without extra dressing. Cocksfoot seems Marie. ~ntv a few small lots turning; to hand, bin the quality so tar is good, pi ice.-, ranging from .hi to .lid ior best eeed.

cn-U!T.RATI\T. lIORSK P.AZAAR. 'lhe North Otago Co-operative Association repoit" having held (heir usual fortnightly horse sale at their bazaar on Saturday." 25th January. Theie was a tail- attendance, and onlv a small \ardiiiu'. which consisted ch'iclk of young lmi,.es i.tilv broken to chains. For Ihe best sous the demand was good, and neaily the whole of the entry was cleared at satisfactory prices to the vendors. 'lhe piineipal saies were as tinder :-(lit acinunt of various vendors —Ray gelding I'.ob, 3 vear.,, broken to chains, £37 10.-; bay geiding lialdie. ."■ years, broken to chains, £29; brown liliv. 5 years, biokeii to chain... £SO: l>av lillv, 5 years, unbroken, by Agitator, £55 10s: chest, nut gelding (spring cartel), aged. £ID : hack.~£7 10s : M-('oriiiick hinder. £25. Cur m-xt sale will be held on Saturday, Bth Febiiiary.

ni/N'KIMX HOISSK SAI.K. M.-srs Wrijilit. Stephenson and Co. rcport having held their aimiiai Iwrwst horse nalo on Saturday last, when thev offered an entry of ii'lioiit ICO draught, spring-cart, and Unlit lt:irmvrs li.iii-r:o. Thi'ie was ;in excellent attendance of the public, and amongst tlieni wvro t-.eveial buyers on I In- look-out lor young. .i< li\ <• draughts lit for iinnudiatc hard work : consequently goods torts, fic-rdi from the coiintrv, met a good .sale, and ;-:old at up t<i £47. Tlu' consignment from the Mount Royal K-.tate was put on Die market in tip-top condition, an:! elii ited k.-;>n . imiipotitioii. and every hor.se iluiiioim! hands at satisfai tory values. The shipment fromthe North' Island was nil on I lie i,m:ill side for our market, and fur it the sale was rather dragging, and hut-iness hard to effect. The fUniaud for heavy spring carters was good, and all young uptlaiidin» animais found new owners at prices ranging up to £33 lCs. Good young useful 'harness sorts were also inquired fur, and realised full values. The demand for voting, active, useful horse- of all cla.-.si.s at the present lime is good, and whenever sMch fresh from the countrv are oll'erod for sale they always realise full rutin. We quote: Supeiior young draught gildings at from £45 to £SO; extra go;>d do (pri/e----j winnere), at from £3O to £55; i-uperior ! young draught inures, at from £53 to &6C ; medium draught marc, and at from £3O to £10: aged do, at I rum £ls to £2O; well-matched carriage pain-:, at from £7O to £1C0: strong *pri\i«-v.in horses, at from £25 to £3O; milk-cart ami butchers' order-cart hoisc.,, at from £lt; to £25; light hacks, at from £8 to £l3; extra good hacks and l\anit,\s horsis, at from £l3 to £25: wivdy anil aged do. at from £5 to £7,