COMMERCIAL.

Oamaru Mail, Volume XXXVIII, Issue 10572, 29 September 1910, Page 6

COMMERCIAL.

[By Electric Telegraph—Copyright.] (Per Press Association.) HOME MARKETS. Received September 29, at 8.40 a.ni. London, September 28. At the tallow sales 713 casks were offered and 630 sold. Mutton—Fine forty-one, medium thirty-seven, 6d. Beef—Fine thirtyeight, Gd; medium thirty-six, 6d. At the wool sales 8823 bales wore offered. The catalogue was poor ana included 6036 New Zealand. There was a fair attendance and animated competition for all fine crossbreds at par to 5 nor centum higher; coarse crossbreds' .5 to 71- per cent, higher; merinos, inferior selection, liar to o per cent, higher. - ■ THE LAND COMPANY. Received September 29, at 8.40 a.m. London, September 28. The New Zealand and Australian Land Companv announce a dividend of -! per cent, and a bonus of 4 per cent. AMERICAN WHEAT SUPPLY. Received September 29 at 9.35 a.m. London, September 28. The visible supply of American wheat is 52,679,000 bushels. WOOL SALES. Received September 29, at 9.35 a.m. London, September 28. At the wool sales the strong opening quotations were fully maintained. The Bank of New Zealand have received the following cable irom their London office:—"The sales have opened with strong competition and large attendance of buvers. There is an active demand bv Home and foreign buyers. The market is strong for all kinds oi crossbreds. Slipes inferior, prices are higher 5 per cent, to 7!. l>or cent.; slipes superior, no change. The market is good lor merinos all kinds. th» New Zealand Loan and Mercantile A"cucv Company (Limited) have, rc-n-ivod the following cablegram from their London House under date 2/tli inst.: "Then- was a good attendance at the opening of the wool sales to-day, competition by Continental buyers being slow and prices as compared with tlie close of preceding sales ruled about the same As compared with last sales_closiii" rates, prices are about par too pelcent, higher for fine scoured crossbreds, about o per cent, to 7i per cent tor medium crossbred, and about <* to 1U nor cent, higher for crossbred coarse. Merino market firm, with upward ten- ! di'iu-y."

DUNEDIN MARKETS

(Per Press Association.) Dunedin, September 28. Fat Cattle.—l 47 were yarded, consisting of fair quality- Prices opened firmer than last week's rates, but towards the close competition was -easier, •Mid prices declined considerably, csneciallv for heifer beef. Best bullocks £lO 10s to £ll 10s, extra to £lo, medium £9 to £9 15s. inferior £i las to-f-S 10s best cows and heifers £8 10s to <"•;) 10s, extra to £ll 10s, medium £. I to *7 10s. inferior £5 5s to £6 10s. Fat Sheep.—There was a small yardiu" of 15(iS head, and as competition was keen prices were much firmer than those ruling last week. Good wethers showed an advance of Is 6d to 2s per liead. and cwv.% which were scarce, advanced 2s to 2s 6d. Best wethers 22s to -'ss extra to 28s 3d. good 18s to 21s. ; medium 15s (3d to 17s, best ewes ISs to ••'lis 3d. extra to 25s 3d, medium l3s to : 15s. light 10s to 13s. ■ Fat Lamb-. —-18 were penned. Llie qualitv was about the same as last - wek 'but prices were scarcely as good. Good']9s to 22s Ud. light 13s to ICs. Pigs.— ]:'/) were yarded. Prices for young pigs were easier, but porkers and hacon'-'iV were firm at last week's rates. Suckers 8s to lis. inferior 4s to Vs. slips l-'s to 16s. stores 18s to 2as, porkers 32ij to 3(.is. light baconers 38s to 425, - heaw 48s to 535. i The oats market is quiet, business be- ! in.' confined to seed lines and modoratoi sized lines for local consumption. Seed I lines i; s to 2s 4d, prime milling Is 11-Vd to 2s. good to beat feed Is lUd to Is lid, inferior to medium Is Sd to Is 9d. \Vlu:at —Millers are not buying irecly, hut auv sales made during the week are finite on a level with late values. Prime v.-lvet and have most inquiry. Tuscan, which is plentiful, is in only moderale demand. Good whole fowl wheat and clean broken seconds are in request. Prime milling velvet 3s 9d to 4s, extra prime 4s Id, velvet-ear, Tuscan, etc.. 3s 7d to 3s Sd, medium 3s 5d to 3s Od, best whole fowl wheat 3s 2d to os 4d.

ADDINGTON MARKETS. iPek Press Association.). Christchurch. September 28. At Addington live stock market today there were moderate entries of stock and a good attendance. Fat cattle sold weli", fat sheep showed a decided rise in consequence of the small yarding, store sheep met with a good sale, fat lambs brought lower rates, and nigs, .slightly improved in demand and price. The entry of store sheep was about three times larger than last- week, and was chiefly made up of hoggets. There was a good demand for all classes, prices being a shade firmer, especially for hoggets. Good hoggets made 13s Id to 14s. medium 9s lid to lis 6d, small 7s lid'to 9s, ewe hoggets 15s Gd to 17s sd, wethers Us to 16s 6d, full-mouth ewes (with lambs) lis Gd, others Gs 3d to 6,: 8d (all counted). There were 154 fat lambs penned, a larger entry than last week, and prices showed a further decline, best sorts making 14s 3d to 16s 6d, and smaller lis to'l4s.. .

| The yarding of fat sheep was a small one, and competition was very keen, a West Coast buyer operating against the local butchers. There was an irregular advance in prices of ]s to 2s per head. The range of prices was: Prime wethers 2ls to 20s Id, others 16s 6d to 20s, hoggets 14s to 18s Sd, prime ewes 19s 7d to 23s lid, others 14s to 18s 6d, merino wethers 16s 6d to 20s 6d. There was a total of 190 head of fat cattle penned, and with the exception of one exceptionally good line the quality was mostly medium. There was a good demand, and the previous week's prices were fully maintained, and in some cases there was an improvement. Steers made £7 los to £lO 12s 6d, extra to £l6. heifers £5 to £lO los, and cows to to .£]"[ 10s (equal to 30s to 33s and up to 36s for prime, and 26s to 29s for medium and inferior beef per 1001b). Veal calves made 4s 6d to 445, according to size and quality. A medium entry of store cattle met with a weak demand, yearlings selling up to 465. 15 to 18-months 50s to £3da. 2A-.vear steers £5 os, and dry cows 40s to £5. Dairy cows brought £4 10s to £9 los. An average yarding of pigs met with an improved demand for all classes. Choppers sold up to 80s, heavy baconers 50s to 60s, lighter 42s to 48s (equal to 4vd per lb), porkers 37s to 41s for large and 2cs to 34s for smaller (equal to 4Jd per lb), large stores 17s 6d to 22s 6d. medium 14s 6d to 17s, and weaners lis to 10s. I j FROZEN MEAT MARKET. Messrs Gilbert Anderson and Co. report as follows under date, London, August 19:— The trade on Smithfield market during the week has been of a somewhat dragging character. To-day, however, there appears to be a slightly improved demand, with a slight upward tendency in price, and pitchings from all stores Jiave been the best for some weeks. Home and foreign arrivals have been light, but prices have barely been maintained. The demand for mutton is better. Light lamb's are a lietter sale than heavies, which are hard to move. Prices I for New Zealand mutton and lamb are

the an me as hist week. Unfortunately the )>rice of New Zealand beef has're--ceded in spite of the light supplies of | chilled beef from the Plate. Fores are '(tinted at J-d lower and hinds at id [ lower. Australian and Plate beef is also quoted lower. The trade in the provinces and seaside resorts has been very good, caused no doubt by the influx of people on their holidays. —Smithfield Market Prices.— Mutton (wether and merino ewes) — Canterbury, 48 to 561b, 3|d; 56 to . 611b, 33d: 61 to 721b, 3*d. Southland, 48 to 561b, not quoted. Best North Island. 48 to ■ 561b, 3|d: 56 to 641b,-j 3id; 61 to 721b. 3}d. Jsorth Island, I 48 to 561b, 3 9-16 d; 56 to 641b, a 7-16 d;

64 to 721b, 3 3-16 d. Australian, 40 to 5()lb, 3d; 50 to 701b, 2|d.. River Plate, '40.-to 501b, 3j|d; 50. to 701b, 3£d. ; Lamb —Canterbury, under ' 361b, sd; 36-to 421b, 4-sd; 42 to 501b, 4±d. Southland, under 361b, 4Jd; 36 to 421b, 4|d; 42 to 501b, 4id. Best North Island, under 361b, 4id; 42 teoOlb,'4£d. North Island, under 361b, 4 11-16 d; 36 to 421b, 4 9-16 d; 42 to 501b, 4 3-16 d. Australian, best 4jd; . fair average quality, 3Jd. River Plate, 28 to 421bj not quoted. Beef—New Zealand, fores 2Jd, hinds 33d; Australian, fores 2Jd, hinds 3£d; River Plate, fores 2Jd, hinds 3|d.