COMMERCIAL.

Otago Daily Times, Issue 13077, 13 September 1904, Page 4

COMMERCIAL.

Daily Times Office, Monday ovening. The amount of revenue collected at tho Dunediu Custom Homo to-day on ponds cleared for consumption was £3291 17 s 2d. COMMERCIAL CABLEGRAMS. LONDON, September 11. New Zealand hemp, fair Wellington December and February shipments, £28 15s. Linseed oil, £19 10s. Copra: £17 10s is offered for cargoes near shipment. Wool: Tho Antwerp sales will be held from tho 14th to the llith inst., when 0000 bales of La Plata will be offered. Copper: Spot, £57 10s;' three months, £57 12s 64. Lead, ill 15s 7Jd. Galvanised iron: £14 103 best, ill for second qualities. Silver, 2s 2Jd per oz. Frozen Meat.—New Zealand mutton and Canterbury are unchanged; Dunedin and Southland, 4 1-lGd; North Island, 3 15-10 d to 4d. Lambs: Canterbury light, 5 13-lCd; heavy, SJtl; Dnnedin and Southland, 5 D-lGd; North Island, s»d. New Zealand beef: Ox fores, 2id; ox hinds, 3jd. ltiver Plate sheep: Heavy, 3|d; light, 3jd. Beef: Ox fores, 2 7-lGd; hinds, 3 7-lGd. A fchrgo of Australian wheat sold at 31s 9d. - o » SYDNEY STOCK MARKET. SYDNEY, September 12. At the Homebush sales sheep were firm. Crossbrcds were scarce; wethers, 22s Gd; ewes, 20? 3d. Cattle were dear. Best bullocks, £10 to fll 17s Gd; good, £) ss; best cows, £7 10s to £6 10s; good, £6 10s. Eeef, 22s Gd per 1001b. THE AGENT-GENERAL'S REPORT. WELLINGTON, September 12. The Department of Industries and Commerce lias received the following cablc from the Agent-general, dated London, 10th inst. :— "The mutton market is qnidt, and prices are slightly weaker. The ■ demand for lamb is falling off, but stocks are moderate. The beef market is quiet. The averago price to-day for hindquarters of Ivew Zealaixt beef is 3Jd per lb; forequarters, 25-9 d. The butter market is steady. The average price for choicest New Zealand butter to-day is 08s per cwt; Danish, llGs. -Cheese is ill good demand. Tlio average price for finest- New Zealand checso is 43s per cwt; Canadian, 445. ( .Tlie hemp market is firm, with a better demand. The price for New Zealand hemp, of good fair Wellington grade, on spot, to-day, is f29 10s; OctoberDecember shipments, £29 per ton. The cocksfoot seed market is quiet, but holders are flrffl. Tho average prico for bright, clean New Zealand cocksfoot seed, weighing 171b to tho bushel, on spot, to-day, is 53s per cwt." GRAIN AND PRODUCE REPORTS. Messrs Dalgety and Co. (Limited) report having held .their weekly sale of grain and prqduco at their stores on Monday. There was a good attendance of buyers, and uixler fair competition- most of the lines on olfer, with the exception of potatoes, were quitted at auction. Good chaff was in demand at a considerable advance on late values. Prices, ruled as under:— Oats.—The market 'is exceedingly qitiet. There have been few inquiries during the ■week, sales being confined to small country orders for seed, and a few lines of B grade quality have been purchased for coastal shipment. A grade quality is not in request at present values, while damaged lines are difficult to clear. Quotations: Prime mining, Is 7d to la 8d; good to best feed, Is 5d to Is Gd; medium nnd inferior, Is to Is 4d per bushel (sacks, extra). Wheat.—Not much prime milling wheat is offering, and local millers are not buying at prices asked, and tl& business passing is on a very small scale. Medium quality is rot inquired for.. Fowl wJieat'iß in good demand locally, but shippers can buy to better advantage at northern potts., ' Quotations: Prime milling, 3s i 7d to 3s 9d; medium do, 35.4 d to Ba 64; Best whole fowl .wheat, 3s to 3s Bd> bfoken and damaged, 2a 8d to 2s lid ,pef biieM (Backs extrA)..

Potatoes.—There is HO improvement in this market. Derwents continue to move off slowly at late values, but white potatoes suitable for seed have only a limited sale. Quotations: Best Derwents, £1 15s to £1 178 6(1; medium do, £ 1 10s to £1 12s Gd; seed sorts, £2 to £3 per ton (bags in). Chaff.—Owing to the unfavourable weather few consignments .came forward last week, and the market is now bare of supplies, and prices have advanced in some cases to the extent of 10s per 1 ton. A truck of extra prime oaten sheaf would to-day probably realise £\ per ton, but prices must again ease as soon as consignments come forward and with oats at present values. Quotations: Prime oaten sheaf, £3 6s to £3 103; extra do, £3 15s; medium, £2 153 to £3; light'and inferior, £2 5s to £2 10s per ton (bags extra). Turnips—We quote best swedes at Hs per ton (loose, ex truck). Straw.—Good inquiry. We ouote wheaten < to 30s and oaten to 35s per ton (pressed).

Messrs Donald Reid and Co. (Limited) report: We held our weekly auction pale of grain and produce at our stores on Monday. Our calaloguo was a small ,onc, and mot with fair competition from a good attendance of buyers. Values ruled as under: —

Oats.—The market has been quiet during tho past week, with a very limited inquiry for good export lines. Stocks on hand are not large at tins season, of tlie year, and anything like steady export business would .readily absorb the bulk of the prime "A" and "B" oats onoffer locally. For medium quality there is not much inquiry. We quote: Prime milling, 1b 7d to 18 Sd; good to best feed. Is 5(11 to Is Gd: medium and inferior, .Is Id to Is 4d per bushel \sncks extra).

Wheat.—No sales of any importance hav> been passing, buyers for all sorts preferring to keep out of the market. Late reports from Lcndon, indicating that values nre likely io remain firm, have had a steadying effect on tho market, and buyers are moTe disposed to operate, though no sales of any importance can bo reported. ' Prime milling is tho oniv quality in favour with millers, medium sorts being scarcely saleable except as fowl wheat. For the latter there is belter demand at quotations. Wo quote: Prime milling, 3s Vol to 3s 9d; medium, 3s 4(1 to 3s Cd; best whole fowl wheat, 3s 2d to 3s. 3d; medium and broken, 2s lOd to 3s Id per bushel (sacks extra). . Potatoes.—Steady supplies of all sorts have been coming forward. Bet Derwents are in moderate demand, and continue to move off at quotations. White potatoes nre considerably in over-supply, and liavo iittlc attention from buyers. We quote: Best Derwents, PGs to 403; other sorts, 80s to 355; seed lines, 40s to GOs per ton (bags in). Chaff.—Small supplies of prime quality have come forward, and these arc readily taken on arrival. For all such there is a good demand, which will doubtless he filled shortly now that better weather prevails. Medium and inferior sorts aro not readily quitted. We quote: Best oaten sheaf, £3 5s to £i! 10s; extra heavy and bright, to £3 15s; medium to good, £2 10s lo £3; inferior, £2 to £2 5s per ton (bags extra). Turnips.—Best swedes, 14s per ton (loose, cx truck). , Pressed Straw.—We quote: Best oaten, to. 355; wheat, to 30s per ton. NORTH OTAGO PRODUCE AND STOCK REPORT. (From Our Own Coriiesfohdent.) OAMARU, September 11. Wheat and. oats the both quiet. In the wheat market prices are weaker, but do not show much alteration as compared with last week. Holders are asking 3s Cd at sidings, less commission, but little business is doing at these prices. A a matter of fact, 3s 4d net, at sidings, has been given in a few cases for good milling, hut tho market is inactive, and more definite information as to tho London market is awaited. The Bluff continues to undersell this district for oats in the North Island markets, and sales this week have been very few. Quotations are, nominally: Prime milling Gartons to Is 7(1, at sidings, and heavy bright Danish to Is sd, at sidings/ Barley anil potatoes both attract little attention, prices being about tho same as last week. Eggs, 7d. The stock market is quiet, goods ewes in lamb and hoggets attracting most, attention. Fat wethers aro worth from 20s to 223; fat ewes, 18s to 20s; sound-mouthed ewes (in lamb), 23s to 255; failing-mouthed, 17s to 20s; hoggets, 15s to 17s 6d. lii fat cattlo prices for Btcers and heifers are firm at 22s Od to 23s Cd per 1001b, and 17s 6d io 20s for cow beei. There is a fair inquiry (or young cattle, at 35s to 50s for good &rts up to 13 months o!d, and £1 to £5 5s for two to three-year-olds. For first-clnss dairy cows there is an improved demand, and they may be quoted at up to £9; other descriptions, £1 10s to £7 10s.

During the ivcck there have been two or threo salcß of property. A farm of 92 acres oil tjio Awamoa Estate lias been sold at S3!l 5.", including improvements, tlio sale representing an advance on the price of these sections—ill fact, a number of (lie bcsli sections on Awnmoa have undergone an improvement ill values e;iico Hiey v.'ere sold, Hie remark applying particularly to tho?c 011 tho boundarv of the town of Oamaru. Of town properties, the most important siile chronicltd for sonic time is that of Helensburgh House (Mr Thomas Kennedy's) to Mr IV. F. Jleldruni, which changed hands at nearly £3000—a figure that marks a substantial improvement in the valuo of Thittaes .street properties, the luirow ,Tocl:ey Club hag beconio the owner qf IGI acres of land near Kurow, which Waa bought from ill- B. G. A. Hillc at a satisfactory figure.

CLEARING SALE. The National Mortgage and Agency Company (Limited) report having held a successful clearing sale for Mr James Alexander, ol Upper Wnipahi, 011 Friday last, the 9th inst. As Mr Alexander's lease o[ farm had expired, tho. whole of his live iiml dead stock were offered fot unreserved sale. Although weather indications were bacJ 'iu the morning the day turned out moderately fine, and by midday a largo attendance o! tho public was on tho ground, buyers being present from Dunedin, Milton, Lawrence, Tapanui, und Gore districts, who competed spiritedly for every lot, resulting iu very satisfactory prices being obtained. Draught mares brought £50 awl £37; «lo geldings, £43 and JE-15; draught colt, rising three yews, £35; <'b, rising two years, £18; one yearling hack, £7 10s. Threo outside horses were sold at £50, £14, and £17 respectively. Crossbred wethers, 20s; do heggets, lGs; do ewes (in lamb), 19s; cows, £6; yearling steers, £3 7s ; calves and yearlings, £2 16s. The agricultural implements and sundries also brought very atisfactory prices.

POST OFFICE NOTICES.

Mails close at the Chief l'osl Office, Dunedin, siibicct to any Accessary alterations, as under:— Overland, North, daily, 10.19 r..m. Late letters, 10.45; also 011 the mail van up to 11 a.m. Books and newspapers, 9.40 a.m. Late-ieo letters must bear, 111 addition to the ordinary postage, Id. Tils Rangatira will leave Lyltelton for London on the 15th September, via Monte Video and Tenerifie. Mails close at Lyttclton on the 14th at 8 p.m. Correspondence for tho' United Kingdom to be specially addressed. Mails for the Rangatira will close at this office on the 14th at 10 a.m. Late letters, north express, at 11 a.m. Mails for Cromarty, Puvsegur Point, and To Oneroa, per the Invcrcnrgill, will close at Invercargill on the 15th at 3.30 p.m. Mails for South Africa, per the Afric, from Melbourne, on the ICth. Mails for Tonga, Samoa nnd Fiji per Manapouri, close at Auckland on the 21st at 3.4t> p.m Mai's, for South Africa, per Tropic, from Melbourne, 30th September. THIS DAY (TUESDAY), SEPTEMBER 13. For Lyltelton and Christehurch, per Mnraroa, at 1.30 p.m. Lato letters 2.30 train. The Maraioa awaits arrival of South Express, at Lyttelton 011 the 14th. - WEDNESDAY, SEPTEMBER 14. For Australian States, per Buceros, via Newcastle, at 8 p m. THURSDAY, SEPTEMBER 13. For Northern Ports of New Zealand and Australian States, per Waikare, at 1.30 p.m. Late letters, guard's van Port train, 2.30 p.m. Money orders and registered letters close at 12.30 p.m. TUESDAY, SEPTEMBER 20. SAN FRANCISCO MAIL SERVICE. For Northern Ports of New Zealand, Samoa, Sandwich Islands, Japan, Philippine Islands, United States of America, Canada. South America, West Indies, United Kingdom, and Continent of Europe, at 9.50 a.m. Lato fee letters North Express, 11 a.m. Money orders close at 4 p.m. and registered letters at 5 p.m. on the 19th. Book packets and newspapers at 9 a.m. on tho 20th. The above moil will close at the b'rimch Posi Offices. Norlh Dunedin, South Dunedin, Caversham, Roslyn, and Mornington, for money orders at i p.m. and registered letters at 5 p.m. 011 tho 19tli, loiters at 9.30 a.m. on tho 20th, and newspapers at midnight on the. 19th. At the Port Chalmers office,"letters at 8.45 a.m. on the 20th, money orders closo at 4 p.m., and registered letters at 5 p.m. on the 19th. The above mails will be duo in London on the 22nd October. NOTE., 'l'ho public are reminded that letter postage for the United States of America is 2Jd per half-ounce; newspapers Id for the first 4oz, and Id fot each additional 2oz cr fraction thereof. PARCELS AND PACKETS.. The large posting box at the Chief Post Offics is -{or packetß only. Parcels to be Bent by the parcel post system must be handed over th? couhter; otherwise they ire taxed Cd. MAILS FOR FANNING ISLAND. Arrangements have been made for the Vancouver mail steamer to. call at Fanning Island. First despatch will be by Moana, from. Sydney, on 31st October, and subsequent despatches once irt Qi'ery eight Weeks until further notice. There may also be occasional opportunities for despatch of mails by tho Pacific Bcard's'tnli'" steamer Iris,, from Auckland. ( I' ' J. \V\ \Vn.Kix, • ■ Postmaster,...