COMMERCIAL.

Otago Daily Times, Issue 13207, 14 February 1905, Page 4

COMMERCIAL.

Daily Times Office. Monday evening. Tlie aninunt of nvemte collected nt the " Cnsf oin Ti'.ii e fi 10- , '^ ,, mi "fwip elo.iftrrl fir cnnsuiniil'on n-ni filßßo 17« RH. The New Zealand Rhimiinp Company's steamer Pnpanui. xrliich !elt Lyttelton on Friday, shiptied the following lines of doiry pro3ucß at the por':—soS!) boxes of butter, of a total weiehl of 2534?cwt. and m eases of I'.heese, weighing 381cwf. The shipment of lmitpr wns made un of 2505 boxes from Canterbury. 1919 from Otap>. nnd'6ls from Southland. The cheese was all made in Canterbury.

Beef: Hind 1 ), 3id. The rest are unchanged. Hemp: Qmot and weaker. . January and 1 March shipments, £30-169. ; Rabbits: Quiet, owing to the large supplies of English. Ivead: Imports, 22,313 tons; exports, 3917 tons." Wheat: New South Wales and Son tin Australian cargoes sold at 33a. • Copra: Firm. South Set., afloat-, £11 3s 7d. Copper: Spot, £87 10s; three months, £67 . 17a Ci. Lead, £121 lls M. «• — ' THE AGENT-GENERAL'S REPORT. WELLINGTON, February 13. The Department of Industries and Com- ' merce has received the following cablegram ' from the Ageitt-generol, dated London, February 11:—"The mutton market ia quiet, and the demand for all qualities is dull. Holders ' of River Plate mutton are pushing sales very : strongly. This hn.9 o, depressing effect upon the demand for New Zealand. Average price to-day: Canterbury mutton, light weights ' (which are scarce), heavy weights, 4d; Dunedin, Southland, Mid W.M.E. Company's brands, 4d; North Island mutton,. BJd. The average price to-day of Australian mutton was 3d and River Mate 3}d. The present ■ tendency of tho mutton market seems to be i towards a decline in price. The lamb market is steady. There ia a fair demand for better grades of New Zealand lamb at 6d per lb. The average price of New Zealand lamb is from 4Jd to sd; Eivcr Plate, 4Jd. The beef ■ market is very dull. Average price to-day: Hindquarters New Zealand boef, 3Jd; <foreqnartera, 2Jd., The stocks of New Zealand beef on hand are light. The butter market is very firm, and there is a good demand. Tho average price of ohoiccst New .Zealand butter to-day is 102s per cwt. The cheese market is firm. The average price of finest New Zealand cheese to-day is 52s per cwt. The hemp market is quiet, with a tendency in favour of buyers. Price of New Zealand hemp: Good, fair Wellington grade on spot to-day, £31 per ton'; February to April shipment, £30 10s. The average price to-day of bright, clean cocksfoot seed, weighing 171b per bußheJ, on spot, is 523 per cwt. The wool market is qtuict. Manufacturers ails disinclined to operate at present prices. The doinnml for fine jvool is steady, but medium and coarse is dull. PROPERTY SALES. There was an exceptionally large attendance at Messrs Park, Beynolds, and Co.'s auction rooms yesterday at noon, when a number of city and other properties were offered for Bate The fir3t property to come under the hammer was % quarter-acre section in George street, near Albany Btreet, with cottages thereon, being section 3, block XXIX, Dunedin, with brick house of three rooms and one brick and two wooden cottages on back of section. This property was offered for sale by Messrs Park, Reynolds, and Co. in conjunction with Messrs Alex. Harris and Co. Bidding, which was extremely brisk, started at fooo, and rapidly advanced by £50, £25, and £10 bids till £1050 was reached, at which price it was purchased by Mr P. Cuming. "The next property, wuich was offered for sale in conjunction with the Perpetual Trustees, Estate, and Agency Company, consisted of a freehold residence of 10 rooms in Royal terrace, being section 35 and part of 34, block XIX, having a frontage of 93ft to Royal terrace and lGsft lo Argyle street, and abutting on to the Town Belt, and containing in all three-eighths of an acre. Bidding for this property was even keener than for the previous one. The first offer forthcoming was one of £1000. Bids of £200 followed till £1800 was reached, when £25 bids were accepted, and thus tho price was carried to £2000, at which figure it was purchased by Mr G. Simpson, as agent. Two allotments (routing "William street, near High street, were passed in owing to insufficient bidding; a property in the Dunedin and East Taieri district, consisting of 191 acres 37 poles of grazing land, brought £2 per ncre; and allotefents 13, 14, and 15, block IV, private townsbin of Osborne, containing 1 acre, and lining close to Purakanui, was purchased at £7 10s per acre. GRAIN AND PRODUCE REPORTS. Messrs Daigcty and Co. (Limited) report as follows:—We held our weekly sale of gram and produce at our stores on Monday, when v/e offered a small catalogiK to the usual attendance of buyers. Competition for most of Ibo lines was fair, and the greater portion of our cßtaiogue ivns quitted at prices well within values, which are as. under:— Oats: Tho market is quiet. Shippers experience difficulty in getting, orders at prices lately ruling, while owners ate not disposal to sell at lower .values. The sniafl inquiry is nrosttv for coasts.! shipmcnt,and B grade quality foT preference. Good feed lines, however, are in fair demand for local consumption. Quolations: Prime milling, Is 9d to is 10d; good to beet feed., Is 7ld to Is BJd; inferior and medium, Is 5d io Is 7d per bushel (sacks extra). Wheat.—MiKers are buying sparingly, and only prime fines meet with any demand. Good Tuscan is scarce, and any lines offering are readily taken up. Medium quality continues to \n neglected. Fowl wheat for local consumption is in good demand, but for coastal shipment has only a limited inquiry. Quotations: Prime milling, te Gd to Sα Si; medium do (nominally), 3s 2d to 3s sd; whole fowl wheat, 3s to 3s Id; broken and damaged, 2s 0d to 2s Ud par bushel (sacks exlra). Potatoes.—The quantity coming forward is sufficient for requirements, and pricts ruling a week ago are fairly well maintained. Quotations: Best white sorts, £'5 10s to £7; other sorts, £4 to £5 per ton (bags in). Chaff.—Heavier supplies have been coming forward lately both of 'prime and niodnim quality. The former has still a good sale at slightly reduced rates, but the latter is hard to quit at considerable reductions on prices ruling a week ago. Quotations: Prime oaten sheaf, £1 12s Get to £3 15s; extra do. to £i; medium, £3 os to £3 10s per. ton (bags Straw.—Wo quote best wheaten at 30s to ?ss, and beat oaten at 40a to 45s per ton (pressed, ox truck). Messrs Donald Reid and Co. (Limited) report:—We held our weekly auction sale of grain and produce at our stores on Monday, ■when we submitted a full catalogue of feed pats, fowl wheat, feed barley, potatoes, chaff, hoy, and straw to a good attendance of buyers. There was good competition throughout, although chaff, being in over-supply, showed a decided decline in value. Prices ruled ae iiuder:— Oats.—Nearly all linos coming forward io this market continue to meet with satisfactory clearance at prices about equnl to Into quotations. Linos offering in tho country for direct consignment to port of shipment "have not quite the same attention. A and 15 grades are in most favour, but fair average quality is also in good demand. Tl'e quote: Prime milling, Iβ 9d to Iβ I0d; good to best feed, Is 8d to Is 9d; inferior and medium, Is fid to Is 7d per bunhol (sacks extra). Wheat.—Millers are not buying extensively, and are only to bo tempted with choice lot's, of which there aro not many offering. Medium milling lines nro still plentiful, nnd, boing quite out of favour with millers, are nalenblo only aB fowl wheat. For. this class tho export demand has not been so keen. We quote: Prime milling, 3s Gd to 3s Sd; medium to good, 3s 3d to 3s sd; beet whole fowl wheat, 33 Id to 3s ljd; broken and damaged, 2s Cd to 3s per bushel (sneka extra). Potatoes.—Last week's heavy supplies aro working off slowly, and for. good, freshlypicked lines there is rather better demand. We quote: Eest sorts, £a 10s to £7; others, £4 to £5 per ton (bags in). Chaff.—During the past week consignments bavo been coming forward faster than thoy can be absorbed by tho local demand, nnd in consequence stocks have accumulated to some extent. At to-day's snle we submitted over 50 tons. Tn view of the quantity arriving, a reduction in values was inevitable, and, although all good lines were well competed for, prices were 10s to 12s Gd per ton below those ruling last week. Good tn prime oaten sheaf is tho only close wanted, inferior and discoloured lots bsing out of favour. We quote: Prime oaten sheaf, J-3 10s' to £3 15a; extra heavy, to £3 17s Gd; mrdium to good, £3 to £3 10s per ton (sack* extrn). Hay.—We quote: Best clover.'(Hid ryegrass, £3 to £1 7s Gd per ton, with moderate demand. Pressed Straw.—We quote: Whenton, 32s Gd to 35a; oaten, with which tho 'market is more fully supplied, 40s to 45s per ton. FRUIT AND PRODUCE REPORT. Mossre Park, Reynolds, and Co.; actionoers, fruit and produce ngonts. report for Monday: Apricots, 23d to 3}d; Bananas, 3a to 12n; Raspberries, Id to 4Jd. Butt or: Dairy, Gd; factory, BJd to lid per lb. Fowla: Hens, 3s Gd to Js 2d; cockerels, 3a to 4s. Bacon, 7d. Hams, Bd. Cheese, 4\i to 4Jd par lb: