COMMERCIAL.

Otago Daily Times, Issue 12385, 21 June 1902, Page 6

COMMERCIAL.

Daily Times Office, Friday evening. The amount of revenue collected at tlio Dunediu Custom House to-day on goods dcaved for consumption was £1888 9s lOd.

SALE AT HYDE,

Messrs James Samson and Co, report having held a salo at. Hyde, on account of .Mr John Beattv, on Wednesday last, when they disposed ot the Otago Central Hotel, general store and butchery, and the railway refreshment tooiiih to Mr Thomas Tape, of Patearoa, at a satifactorv figure; the stock and furniture and goods and chattels to he taken at valuation in the usual waj\ At- the same thus the stock, etc., consisting of horses, cattle, pigs, harness, roofing iron, fencing materials, and generifl merchandise, was sold. There was a large attendance of buyers from all parts of the StrathTaieri and Maniototo districts, and the bidding was spirited and keen throughout, prices in all cases being satisfactory.

HIDE MARKET.

Messrs Wright, Stephenson, and Co. report as follows:—We held our fortnightly sale on IFriday forenoon, when wo submitted a good catalogue, including several lots of town butchers' hides and a number of country consignments. Bidding was animated for selected ox and cow hides of good substance, but for ''slieely," "flabby,' and light hides competition was slacker, and prices for all classes, excepting the very brst, were easier. At the auction sale and privately we sold 15G hides, and withdrew three parcelf-in all about all hides—upon which vendors' reserves exceeded purchasers' ideas of value by about a halfpenny per lb. We consider priccs ruling here at present are higher than in any other of the colonial Inarkets, and that this is s.o is evidenced by the fact that Australian tanners are importing supplies from European centres. The following excellent prices were obtained for n small line of seiected heavy " stouts" at our sale:— Ox hides—l at 38s. 'l at :Bs 3d, 1 at Sis lid, 1 at Sis !id: cow hide?—" at 23s Td, and ,1 at 19s The range of values at per II) was as follow?:—Extra prime selected stout ok, 5:1 to f>-|,d per lit; prime ox, I'd to l;(]; medium,cx, 4d to -Jjjd; light ox, ltd to !Ud'. extra prime selected stout cow, 41d to 3d: prime row, -Id to 43d: medium cow, .I'd to 11,' d: light cow, 3d to 3Jd. Damaged hides, stags' ami bulls', r,o!d at from Gd to Q,"d per lb; yearlings, 2!d lo lid per lb; calfskins, at from ] s 7d to •,'!? each. ..

Mes?r* Slronaeh fltid Morris report p.« follows:--We held <jtir fortnightly salt 1 of hides ttt our htoros on Friday, 2£>tii inst., when there wai the usual aUentutr.ro of buyers. In consequence of [educed vnln?s ruling in vMbourno and other centre**, prices were lower thau for some weeks past, a reduction of Jd per lb having to be nccentcd to clear consigntuentp. On this basis biddin? was animated, and all section** nf the trade sreured tlipir quota of lotf« nlTered. Our cMu'ogii? 281 and ralfskins. and the uotun] priors obtained were as follows:- I'rime cm hides, /id In 5-W per II): good do, i.l to Ol: li c !,t and inferior do, 1M tn .1;d; in ( ov; hides, 4d 1" -l.il: '-'ood do, .lid to :i"d: and iiiFi-rior <10, :!d to : yearling, io \ ; earli; calfskins, to Os Td carl'.

INVESTMENT STOCKS.

Sult-s of shares in the Milbuni T.ime and Cement Companv (U pa:d) were made on tip Dnnedin Stoe!; Exchange yesterday at 27s lid ond I'-:. The following are yesterday's latest quotations:— National Bank—Ruvel-? 1' 1 ISs, sellers ej C.l. Bank of Xew Zealand- I'uvers £1 Gs, sellers JEJ 7s. Union Ban!:—Sellera it. Standard Insurance-Buyers 17s Oil, seller? 18a. Milbnrn Lime and Cement (£] pa d)—Bnvers £1 (U Cd. " Jlilh'.Ki: Lime and Cement tlfls paid)—Buver* IK Moriiingtnn Tramway Company—Buyers 7s Cd. sellers Cd. M'l.eod IJros. -Dnvtra .CI I ss,' wUerr £14 12s Cd. (!<«lwar-.V s . Spiral P>-Buyers 2s Cd, sellers 2s !?d.