COMMERCIAL.

Otago Daily Times, Issue 13136, 21 November 1904, Page 4

COMMERCIAL.

Daily Times Office, .Saturday evening. THE IMPORT MARKET. Nearly all the local merchants have got supplies of the now season's currants, sultanas, seeded raisins, and a few figs and prunes. Muscatels aud Jordan almonds are not yet to hand, but they are expected to arrive within the next fortnight. The Barbarossa, which was due at .Melbourne °n th'o lith, insfc., brings portion of the- Christmas ■ supplies of bulk currants, Jordan almonds, Valencia raisins, aud probably Malaga muscatels, and it is hoped that her transhipments will reach this market by the riert Melbourne boat. Pnces for tho new crop of Sicilian a!raorid3 opened • very high. Quotations have shown an advance of about £24 per ton during'tho'last six months. The neiv season's dates are quoted at 15s per c>yt 0.i.f.e., for December delivery. Advices from Calcutta, state that bonemeal has advanced 5s per ton during tho past two months. Fair orders have been placed for November-December shipment. Information from the same source states that the market for kapok is firm, and prices are advancing. Trinidad cocoa beims nave ako advanced, and Cadbury's cpcoa butter has advanced to Is &d per lb, this •price representing an increase of 5Jd per ]b during the past few months. The'markets in Australia and New Zealand are pbsc.lnteljr bare of cocoa butter. Shellac is. firm, wifli an upward tendency, and the price "is now'quoted at Is llgd e.i.f., e. Dunedin. ' "■ The market is absolutely hare of French oreara of tartar, and as further supplies are rot due until the beginning of next nionjh, merchants will |r«w frpjii Australia iji the meantime. Stoqte of Cream of Virginia' tobacco are cleaned right put, but the (Jueen"He)e'pa, now due at Auckland, brings further suplilies, which, mil jirrjyu siiqrtJv, '

The Formosa, from Liverpool, which has loft Wellington, brings supplies of Hudson's extract, and also a shipmcrft ,of rock salt, both of which lines are badly wanted in the local market.

The Mail Summary published with this issue contains a record of the happenings in tho import market for the past three weeks, together with complete prices current and latest market movements.

OAMARU PRODUCE MARKET. (From Our Ovw Correspondent.) OAMARU, November 20. Farmers have teen occupied with show matters during the week, and very little business has been done in grain of any sort. Values show no alteration, but, are nominal in the absence of business. .

Potatoes, in sympathy with the Dunedin market, show an improvement, good lots being scarce at 45s to ofts per ton at sidings. Eggs aro weak at 7d', and tho JnarUet for dairy butter is "glutted at Cd, which is above* what grocers can realise for it in Dnnedin.

SOUTHLAND PRODUCE AND STOCK MARKET. (FrOH Our Ovrn COSBESPOSDE.IT.) INVERCARGILL. November 10. There has been a good deal more inquiry for oate in the local market dpring .the weclr, principally for B grade, but very little actual business has eventuated owing to B grade being none too plentiful and merchants not being keen to sell in any quantity. To-day's quotations aro Is 7d for B, Is Cd for f.a.q., and Is !>Jd for C grade, a" f.0.b., s.i. The Auckland market has taken small lots during the week at the above prices, principally fair average quality. There has been a- good demand for A grade, but these are practically unprocurable at present, though it is reported that there are still a good many in the district to come in; Is 9d to Is lOd (f.0.b., e.i.)' is to-day's value for either sparrowbills or Cartons that will pass the Government' grader as A grade. Low-quality grain is still beiug sold to the North Island at from Is 3d to Is 4Jd, f.0.b., s.i. Very few oats are offering from the country, farmers being too bnsy getting ready for turnip sowing to deliver. Saturday's price to farmers was Is 2d to Is 2£d for B grade, Is Id to Is Hd for f.a.q. and C grade on trucks at wayside stations. Other produce is dull of sale, and there is no change in prices to report. Thero is not much doing in the local stock market, and last week's prices remain unchanged. Fat cattle sold exceedingly well at the last Wallacctown sale, and there is a good steady demand for anything prime. Bullocks ranged from £9 !is to £10; heifers. £8 15s to in 2s Gd. Butchers' sheep, are readily sold, fat, wethers bringing from 25s to 285,. Good, well-grown store cattle are inquired for, but decent lines are hard to get hold of. A very nice line of 60 head of bullocks changed hands during the week at £G ;ls. Ewes with lambs given in are selling at 25s to 2Gs, or from 13s 6d to 153 all counted. . A big line of hoggets sold during the week at 19s Id, though tho average prico can be quoted at 17s Gd to 18a Gd. Feed is very backward all over the country, and the bad spell of weather we are having at present has practically stopped all growth in th,! grass. Farm work is very much behind, and farmers arf all complaining about not getting their turnips sown. Indications point to there being a very late season all over Southland. PROPERTY SALE. Messrs E. L. ilacasscy and Co. report laving offered for sale kv auction in the Chamber of commerce rooms on Saturday properties in Glenroy, Mornington, and South Dunedin. Tliero was a numerous attendance of buyers, and the bidding w.n .spirited for all the lots offered, For lot 1, superior six-roomed residence, corner of- Crown and France streets, G'lenroy, bidding slarted at 800, and advanced to £715, at which price the property was passed in. Lot 2, n five-loomed modern dwelling (newly built), in Fiance street, Glenroy, started at £100, and advanced to £5(50, at which price dt was passed in. Lot 3 was a. leasehold property, corner of Hillside rond and Bridgnian streets, Kensington, with three very superior houses erccted thereon, for which the bidding icachcd £1110, but this not meeting the reserve it was also passed in. A six-roomed houso in Jdaryhill terrace, Mornington, was offered, but failed to find a purchaser, the highest offer being £352 10s. o DUNEDIN HORSE SALEYARDS. Messrs Wright, Stephenson, and Co. report as follows:—Our sale on Saturday was a very tame affair. We had a fair entry—M horses wero forward, —but only one of them (a five-year-old dog-cart horse by Merry Stanton) could be designated first class. Of tho halfdozen draughts entered, not one was of salcabio class—they were all too old or too stale.—and tho light horacs, with the exception referred 10. were a very medium let. For the Morry Stanton horse £28 was offered, but as tho vendor's ideas of value were considerably higher no sale resulted. Only a few of the light horses changed hands at quotations. Thero is considerable inquiry for good young draughts, and during tho week we have so'.d several useful farm horses at from £10 to £-U 10s, and one good town carrier's gelding, five years old, at £SC. There is a scarcily' of strong harness horses, young and staunch, also of buggy and cat) horses for the holidays. Next Saturday we shall hold a special sale of show horses and others. Our consignments for tho day include drafts from Messrs .T. S. lluthcrford (Opawa Station), Ernest Stevenson (Wanga.nui), Allan Johnston, and others. (See advertisement.) We qnote: Superior young) draught geldings at from £50 to £35; extra good (prize horses}. £SG to £05; medium draught mares and gc'.dings, f35 to ff3; aged do £21 to £34: upstanding carriage horses, ,-ftJO to £10; well-matched carriage pe-irs, £80 to £100; strong spring-van horses, £35 to £10; milk-cart and butchers' ordcr-oart horses; i' 24 to £30: light hacks. £12 to £20; extra good hacks, £21 to £30; weedy and aged hacks and harness horses, io to ,flO. OTAGO FARMERS' HORSE BAZAAR, Tho Otago Farmer.-,' Co-operative Association of New Zealand (Limited) report'.—Wo hold our usual horse sale at our bazaar, adjoining wool and grain stores, Crawford and Vogcl streets, on -Saturday lost, November 19, when wo had u fair entry of draught and light-lia.r-ncss horse?., a few unbroken colts and lilhes, and a. couple of very, handsome M-haud ponies. There was »splendki attendance, farmers, town carriers, and traders being all well represented, and showed considerable interest in the business of the bazaar by bidding freely tor horses suita! , io't& their requirements. The consignment from- Mr James Robertson, of Invercargill, of harness mares and geldings (sired by tho well-known stallions General Tracy and Kentucky), and which were wcllgrov.m,'strong,Miseinl sorts, met with gcod competition, and realised very satisfactory figures. A gocd number of tho same class from Waikoua-iti and Puketemki districts, and a few local horses, also changed hands at good prices; two M-haud ponies/ also sold well. Our entry of cart horses was not very extensive, only about half o, dozen coming forward, and. with the exception of a couple, wero aged hut good forts, and half of them found new owners at prices quite up to recent values.' We had a-very satisfactory clearance at prices equally satisfactory to vendors and purchasers. Our entry totalled 21 heed. We shall offer on Saturday, the 2Cth (tho day after tho A. and V. show), a consignment from the north of draughts, plough and van horses, and a consignment of draught colts and fillies from Mr Tlioniao Mee, of Beck's. We quote: Heavy draught mares and gelding, £55 to £65; lighter sorts, £15 to £52; good useful plough horses, £10 to £17; active van geldings, £10 to fofl; young and sound spring-carters, £25 to £30; active nice-moving buggy and gig geldings, £20 to £30; horse? suitable lor dogcart work, £28 to £-10, according to stylo and quality; really good and stylish buggy pairs, £5Q to £65.