COMMERCIAL

Otago Daily Times, Issue 13665, 7 August 1906, Page 4

COMMERCIAL

COMMERCIAL C.'AtSLKfiRAMS. LOXIJON, August 5. Frozen meat: Sheep-Canterbury, light, i, "li; medium, 3 90(id; heavy. 3}d; Sculliii land, .3 5-1 M; North Island,":! 3-1 fid;' best. i, 3Jd. Lambs.—Cauicrbuiv, lighl, -t 13-IGd'' || indium, 4 II.JUd; hea'.-v, 4 id; Southland' ■IJd; Kortli Island, 4 U-lml; other meat iin- . changed. (The Frozen Jkat Trrdo Assoriae lion's Smilhfield msrket quotations for the , above-mentioned classes ol frozen incuts nr? based on actual Miles of no I le«3 than mil carcases of mutton or hmib or 25 carcases of beef of fair average quality. These quotations are not for .'elected lines, but for '• parcels fairly representative of the bulk of '■ the shipments now on the market. New ■ Zealand sheep—Crossbred wethers and maiden . cwe,«, Canterbury light, 4Slb-s(Jib; Canterbury . medium, liliib-ftilb; Canterburv heavy, ill! It- . 721b; Dunedin and Southland, fifilb-Gllii; . North Island, .iMh-fßlh. New Zealand lambs -Canterbuiy li«]it, 2S!b-3Gil>; Canterbury heavy, 3GlM2lb; Dunedin and Southland. 28lb-Wlb; North Island, 'iSlb-121b.) i- Hemp is dull. August and September, . JK3I. f Rabbits are neglected. Copra is weaker. South Sea nominally unchanged. Copper: Spot, ffl ss: three months, X'B2 15s. . Tin: Spol, XI7O 12s Cd; three- month?, ' £179 15s. Lead. 1C 12s Gd. An Australian wheal cargo sold f.t 30s Hd, THE HIGH COMMISSIONER'S REPORT. WELLING!ON, August G. The Department of Industries aixl Commerce received the following cable from the High Commissioner, dated London, August J:— There is a good demand for all lamb. Competition amongst holders to clear slocks has lowered vr.lucs slightly. The average price is; Canterbury brands, 4Sd; other than Canterbury, I:;d. The mutton market is dull and weak. Light-weight Canterbury brands are scarce, and are quoted al 3}d. Heavyweights are selling at ;ljd. The average price for best quality North Island mutton is 31 and rwnd class quality is quoted at •lid. The beef market is steady at the last quotations. The butter market is firm, with an upward tendency. Choice Now Zealand brands, which are scarce, are quoted at 108s per cwt. Danish is quoted tit 115s, Irish at 107s, and Canadian at 103s per cwt. The cheese market is steady. New Zealand stocks nro exhausted, and Canadian makes are selling at 58s per cwt. The hemp market, is quid, and small business is being done at about the same pliccs as cabled last weok. There, is scare-sly any demand for cocksfoot teed. Bright, clean, dressed 171b New Zealand seed is quoted nominally at 4Gs per cwt. Shipments from the River Plate during the month of July, 1110G, wero as follow:— Mut-ton-liiverpool, 143,203 carcases: Hull, 10,873; Newcastle, 10,013; Southampton, 3351; Cardiff, 13,137; London. 131.933;-tntal carcases, 322,515. Lamb—Liverpool, 3200 carcases; Hull, 1135; Cardiff, 1879; Southampton, 233; London, 13.G07;-lo!al carcases. 19,114. The average price for River Pla!o mutton is 5Jd. Lamb from the same country is quoted at 4.id. SALE OF PROPERTY. Messrs Wright, Stephenson, and Co. (Ltd.) report naviug sold, on account of Mr James Mac Donald, of Dipton, Southland, his Bcnmr.ro property containing 4009 acres 2 roods 3 poles, being sections 33 i, GSC, K7, and 427, llokonui i:iirvey district, and lota 1 and 2 on the plan of part of Bemnore- Estate, together with the 'lease in perpetuity of 1052 acres, being section 795, llokonui survey district, at a satisfactory figure, to Mr Thomas Mitchell, of Warwick Downs Estate, Olapiri. As this Bemnore country lies iright into Warwick Downs, both properties can bo very conveniently worked from one homestead. About 300 acres on Bemnore have been ploughed, and aro nc-w either in English grass or turnips, and about 1090 acres more are ploughablc. Tile balance is mostly silver tussock country, including the sunny face of the Bastion block. The property, at present is carrying about 1500 fine, big, strong crossbred breeding ewes and hoggets. These have been taken over with the property. When more of this conn- ' try has been broken up tho carrying capacity will be \ory largely increased, and should prove a profitnblo investment to the new owner. .Cd , ORAIN AND PRODUCE REPORTS. Messrs Dalgcty and Co. (Ltd.) report as follows:—We held our usual weekly sale of grain and produce at our stores on Monday, when we submitted a large and representative, catalogue to the usual attendance of buyors and others interested in the trade. Compctilioti was keen for all lines on offer, and our catalogue was quitted at prices on a par with quotations:— A Oats.—Willi practically no outside inquiries " merchants are not operating to any extent, : and the market in consequence- remains in almost the same dull condition as at our last report. Apart from local sales of feed lines mid small parcels for seed, which are now meeting with more inquiry, there- is little business passing. Wo quote :■ Prime milling, 2s 31d to 2s Id; good to best feed, 2s 2}d to 2s 3d; inferior, 2s to 2s Id per bushel (sacks oxlra). Wheat.—The market is very firm at late " quotes, although little business is passing. Farmers aro not pushing the salt of their consignments. Choice Tuscan (Central Otago' preferred) still meets with favour from millers, but medium and inferior lines of Tuscan and velvet are harder to place at quotations. Wo quote: Prime milling, ,3s 5d to 3s Cd; do Tuscan, 3s 7{d, medium milling. 3s 3d to 3s 4>,d; best whole [owl wheal, 3s Id to 3s 2d; broken and damaged, 2s lid to 3s per bushel (sacks extra)

loiatms.—Arrivals from the country havo been light, any consignments of anything like gocd quality are readily quitted at quotations on arrival. .Scul lines of Up-to-Daies, British Queens, etc.. are much sought after, an« aro marketable at quotations' f'ccd lines, ill 10s to il2 10s; extra choice (picked), to ,L'l3 10s; prime (able sorts, .['ll to £12; medium. £10 to I'll) 15s; inferior and small, l:C to XI) per ton (lings in). Chnlf.—Tho market is fully supplied with inferior nml medium quality chaff, which is difheult to quit. Prime bright oaten sheaf chaff (heavy) u readily quitted, and is realising up to £1 10s per ton. We quote: 1 >11110 oaten sheaf. £1 to U fo; extra choice £4 10s; medium. « 10 8 to £:! 15s; discoloured aim light, i'.'> to .£:> per ton (bags in). Turnips.—The market is "lulled, mid good swede? are realising from lis to IG3 per ton, loose, ex truck.

M raw.—Hi ore is a fair inquiry for wheatsn, Inch WO quote at from Sn s to 32s Dd per '11. pressed, ox truck. Outeii straw is scurce id finds a ready sale al from £2 5s to £2 7s 1 per ton, pressed.

w ?"■?? D ™ I,W I; ™' Co - (T.ttl.) report- — " e he.d our weekly auction sale of Glnin and produce at our mores on Momlav, AVe had a full catalogue to offer, and as most of the local buyers were prc=nnl and in a mood for business nearly all the lines catalogued changed nanus at satisfactory prices. Values ruled'as under: —

Oats.—Very few consignments of any importance are now coming forward, and as local frtjcKs are much below tho average for this i j" :lso " , of . vc;lr holders are not readily disposed to reduce their reserves. Most of the Holdings are go.-.d to prime quality, and as tile ccastal demand is chieflv for lower "redes orders are in most cases being filled from other parts 1 rime milling lines arc in moderate demand, and seed lots are beginning to receive more attention. AW quote: Prime nilMmg >8 .l.,d_to 2« -Id: good to best feed. !> a , « • inferior to medium, Us to 2s 2d per bushel (pucks extra). Wheat -Only moderate business is bfin» done. Imports from northern markets are HHW snhsfacfoiy, mm n> some of our miller* lire likely to bo again in the maikol before long vendors aro holding out firiiilv for present quotations. Prime milling is' the only class at present in request. Medium quality Ms illtlo attention from millers, n-Uhuugh meeting ,villi some inquiry front shippers, row! wheat continues to have ready talc at late^ values. \\ e quote: Prime milling, 3s 3<l c, ! oi !' f ' 10 ;is «d; medium, 3s M to .is -Ld; whole fowl wheat. Hs Ut to !ls "d----broken and damaged, 2s fid to lis por bushel (sacks extra)

1 otiitwß.— At Monday's sale all well-condi-oncd f"!ca ivo'o wrl! competed for at prices t ltt tJ"" Pn '""' 501,(1 l'»rtiut.arh Up-le-Daies mid Uritipli Queens, are '» /Irons demand, and l,nve ready pale on a " ( 1 'Ft small "wethE, which pre usually Po :d for Peed, liure 15 prnctu-iilly no demand. We quoiiy rn t 'en' f,2 r" m bl " 1 { » b!e 5 . ill to ft 2; medium. I'll) to £10 13.«; inferior '"rhn'ir Xl ! Fr . lo " {m ' u Umfl nliu> o:tt[>n sm\u i* not over plentil and is l'endi.y sold ex truck. Medium and m ciior port.- nro not in favour. At ito.ulav's p ; tno I""* roalifcd £< 10a per lon. lnrao. oaten sheaf is saleable n f £.| q s; a . medium to good, i"l 10s to .ft! i: )S ~c r i o ,', (bap extra). 1 lurmpv—'l |,e market is fulled. We s,) ta j" ';»«■ pan of which ?oid at -is lo Jos per ton loose, o\- tniek.

I'OST OFFICF, NOTICKS. Mails close nt the Chief Post Office, Danedin, as under: — Overland, Northern Ports, G'hristchurch, and iniernipdiate offices, daily, 6.30 a.m. f.ate letters, 7.40; also 011 tho mail van up to 8 a.m. For Second Express for Palmcrston, Oamaru, Waimate, Tioiaru, Ashburton, and Chrislchureh, at 12.15 p.m. Also, Northern Ports, at 12.45 p.m. 011 Saturdaj'. For flreymoutli, Hokitika. and. Eeefton, Alouday and Thursday, at 12.45 p.m. For South Kxpress Trains at 7.30 a.m. and 5 p.m. Late-fep letters must bear, in addiiion to the ordinary postage, Id. TiltK DAY (TUESDAY), AUGUST 7. For r.ytteHon and Clivisfchurch, psr Zea-' lajidia, 2.110 p.m.; 3.30 011 board. THURSDAY, AUGUST !). For Lyttelton and Christchurch, per Wimincra, at 1..'i1) p.m. Late letters guard's van Port train 2.30 p.m. FRIDAY, AUGUST in. For Australian States, per XOIUI Kxpress, lo connect with the Wimmcra at Wellington, at a.m. Late letters 7.10, also on the mail van up tr- 8 a.iri. Jtonc-y orders close a-t 1 p.m ami vegisleml loiters ill 5 p.m. on (lie 9th. t'or Jjyttelton and Christcluireh. per Taluiip, at 2 p.m. Lato letters 3 p.m. on boaid. TUESDAY, AUGUST 14. SAN FRANCISCO MAIL SERVICE. For Northern Ports of New Zealand, Samoa, Sandwich Islands, Japan, United States of America, Canada, South America, "West Indies, United Kingdom, and Continent of Europe, at G.IiO a.m. Late-fee letters at the C.P.O. at 7.-10 a.m., and North Express at S a.m. Money orders close at 4 p.m. and registered letters at 6 p.ln. on the 13th. Hook packets and newspapers at 5 a.m. oil the l ltli. The above mails will close at the branch Post Offices. North Dunedin. South Dunedin, Cavershatn, lioslyn, Mormngton, and NorthEast Valley, for money orders at 4 p.m., anS rcgisltrcd letters at 5 p.m. on the 13th. letters and newspapers at midnight 011 the 13th. At the Port Chalmers office, letters at C.30 a.m. on the 14th, Jlonov orders close at 4 p.m and registered letters at 5 p.m. 011 the 13th. The above mail will be due in London on tho 15th September. WEDNESDAY, AUGUST 15. SAN FRANCISCO MAIL SERVICE Supplementary mails for America, the United Kingdom, Continent of Europe etc. wili close at G. 30 tun. Late-fee letters at the C.I O. at 7.40 a.m., and North Express at b a.m. Money orders close at 4 p.m. and registered letters at 5 p.m. 011 tho 14th. ' The above mail will be duo in London on the loth September. VANCOUVER SKRVICE. Mails for Fiji. Canada, United States of America, United Kingdom, Continent of hurope. per Moura, from Auckland, on the Bth August,, at 12.45. p.m.. connecting with the \aucouver stoamer at Fiji. Correspondence need not bo specially addressed. Due in London on the 12th September, Mails from Melbourne for Lurhan and Capetown, per Geeioug, Angus! 13, via Adelaide Alric, 17th, via Albany; Marathon, August 2-2, via Fremanile. G. B. Dall, 1 Acting Chief Postmaster.