COMMERCIAL.

Oamaru Mail, Volume XXXVI, Issue 10043, 11 January 1909, Page 4

COMMERCIAL.

HOME MARKETS; [BY ELECTBIC TBtEOEAPH. COBYBIOHT.] (PJSB f?feß39 ASSdCIAHOK.) Received January 11, at 8.5 a.m. LonJon, Janoary 11. £63; three months, £63 15s.

Tin—Spot, £l2B 10s. Lead, £l3 ss. -JVntimony, £8 lCs. Silver, 22|d, , Copra—Active; South Sea, bags, ±.13 Hemp—Dull; January-March shipment,

£24 15s. Linseed oil, 2s. Wheat—3s per bushel. Australian cargoes have sole! respectively at 36s 6d, 36s 7£d and 37s per quarter. Three thousand tons of South Australian or Victorian, per steamer, January shipment, sold at 36s sa, and SOOO quarters at 36s 9d. Rabbits—Firm, with hardening tendency. Hares are quite neglected. Hides —Fair demand at late rates. Leather—Basils firm at prices unchanged. Sheep—Canterbury medium, 3 13-16 d; other sorts unchanged. Lamb and beef prices unchanged. River Plate sheep—Heavy 3d; light 3£d. Beef fores 2p; hinds, Shares—Waihi, buyers £8 lis 3d, sellers £8 13s 6d; Junction, buyers 22s 6d; sellers 255:

LOCAL MARKETS. Mail Office, Monday afternoon. The holidays over, merchants and millers have settled down ag:hi; and there was more inquiry for wheat than prevailed at the close of last year, resulting in a number of transactions. Of these the most important was a line of about 2500 sacks of mixed redchaff and velvet, chiefly the former, which brought 4s 6d, less commission, ex store. Another line of velvet of. bulky dimensions changed hands at 4s sfl net," at store, wxnle smaller lines brought from 4s 4d to 4s at country stations. Dunidin millers show no eagerness to share in these transactions, being satisfied that the purchase of wheat from Australia is a better proposition under the oxevailing circumstances. A slight rise tn price is reported from the other side, but whether this will prove sufficient to check importations or whether it will be maintained is still problematical. There appears hj& solid basis for an increase in London advices, and it would seem more than likely that the rise is consequent rather upon a temporarily increased demand to fill cargoes. The sales of oats reported are to very small lines. They want very little in the North, and their business is from hand to mouth, operations bein? carried on in fifly sack lots. Oats are selling at Is 9d to Is f.o.b., s.i., for Gaxtons and Duns, and Is 8d for light Danish. The potato market has been materially affected by the increased digaing, and erowers have now to be satisfied with £5 to £6 10s.

DTHSTEDIN" MARKETS. Messrs T. EL. Shiel and Co. report for week ending 9th January : Potatoes.—New season's potatoes are now coming in freely to this market, and unfortunately owing to the Kght prices of Auckland potatoes there has been con sidcrable competition in prices. We are not sure whether any more Auckland potatoes will come down or riot, as they are not carrying too well. Giving you an idea, sales have been made as low as 90s, f.0.b., Auckland; choice Oamaru new potatoes in cental bags to-day are worth £7 to £8 per ton, cases up to £8 10s. We advise all potatoes to be sent in cental bags until the skin is firm enough for them to carry in sacks; we can supply any amount of cental bags on application. Fruit. —Considerable shortage- of black and red currants is experienced. Red currants are worth 3£d; black, 3d to 3£d off stalks; large green gooseberries, lid to lsd per lb, ripe 3d. Apples—First shipments, 6s to 7s. Cabbage—3s to 4s per sack; cauliflowers, 5s 6d. Plums—Dark dessert up to 2jd per lb, jam up to 2d Vegetable marrows—ss to 6s 6d per dozen.

DUNEDIN HORSE SALE. Messrs Wright, Stephenson, and Co. report as follow :—We held our weekly sale on Saturday last, when we offered a good entry of medium draught and light harness horses. Amongst these were several good useful sorts, which sold readily at prices Tanging up to £4O for draughts and £24 10s for light harness sorts. There was a larp-e attendance of the public, town contractors being well represented, also country buyers desirous of supplying their wants lor the approaching harvest; consequently bidding was keener than for several weeks past. With one or two exceptions ail the country consignments found new owners at good values. A number of light harness animals were disposed of at- satisfactory nrices. Good young active horses of all descriptions ate selling well at the present time. Saturday's auction was most satisfactory, and the prospects are good for our annual harvest horse sale, which will take place on Friday, 22nd inst. Quotations : Superior young draught geldings, at from £45 to £SO; extra good do (prize-winners), at from £SO to £55; superior young draught mares at from £SO to £6O; medium draught marcs and geldings, at from £3O to £4O; aged do, at from £ls to £2O; well-matched carriage pairs, at from £7O to £100; strong spring-van horses, at from £25 to £3O; milk-cart and butchers' order-cart horses at- from £lB to £35; lisht hacks, at from £8 to £l3; extra good hacks and harness horses, at from £l3 to £25; weedy and aged do, at from £5 to £7.