MINING
The "MellM Dredging Company, Miller's Pint, secured a return of Soar, for 130 hours' work. Tho ilolyn.eux Tliver was reported to be 9ft 2in at Alexandra yesterday. The Clyde dredge has slopped operations in the meantime owing to a- rise, in the river. The drodgemastcr reports that during the last shift on Saturday night payable wash was struck. Tho previous week ho had been dredging drift for (lie most part. A.u Auckland telegram states that during February the Komati Beefs Gold Mining Conipauy treated 1920 tons of ore for bullion worth £3318. Eight tons of antimony ore from Messrs Sligo, Horn, and party's prospecting area, which lies on the Carrick range, between Carrickton and Nevis, was sent to Sydney yesterday with the object of having its value tested. So lar nothing of a permanent nature has been found, but tho prospects of the last week gives ..hotter promise. The master of the Waikaia dredge reports that there was a fairly steady "week's dredging up to last Wednesday. Work was carried on up to Wednesday in tho west section, and tile dredge was then shifted into tho middlo and east sections. Tho west section prospects are very fair, and the depth was 22ft to 23ft. The middle section carrier, a gutter 2Slt Gin deep, rising towards the 'cast section to 24ft; maori bottom; length of face nine aud a-half chains. Tho latest advices from the Paracale Gold Dredging Company indicates that good progress is being wade with the erection Df tho company's dredge. The weekly report from the .Mount Hex, Avoca, is as follows:—Alluvial: Xo. ljiace— We shall havo the wash in the race during tire coming week. We have bad to lift tho bottom 3ft to 4ft. The wash is* patchy. Xo. 2_face: This looks better, but it is "rough. Xo. 1 level (western drive): This was driven 2ft, then granite was met with,. Ift was then driven, then it bore hole put .in Git in granite. The width of stone is 12ft, but it is poor. V.'c thou opened a drive south. This has 1 been put in Sit; the stone is poor. This drivo will be South Drivo Xo. 2. Tho annual meeting of shareholders in the Golden Crescent Sluicing Company was held on Thursday, February 28 (says the Tnapeka Times). The report showed that, in spite of tho extremely unfavourable weather experienced for some time past, tho dividends paid represented a return of 10 per cent, on tho capital. Mr E. C. Urowne was re-elected director, and Mr H. H. Leary auditor. Hearty votes of thanks were accorded the manager and his staff and secretary. DTJXEDIX STOCK EXCHAXGE. There is very littlo to chronicle in connection with Stock Exchange business yesterday. The recent rise of a couple of feet in tho river has given gorge stocks another set back, and buyers aro not disposed to advanco
"to soiling prices, and so far the margin still obtains. Following ou the salo of the Dunstan Lend drcclgo, which realised a prico quito beyond the expectations of the speculating public, shares wero offered at 2s yesterday morning, with buyers in the afternoon at Is Cd, as against sales previous to the dredge being sold of lOd. Tho drodgo realised ifi72s. which-, after paying off the mortgage and other liabilities, should leavo a liquidation dividend of something like 2s per share. Tho riso ill tho river lias been specially unfortunate for tho Lady Roxburgh Company, wliicli recnntly left some good ground at the top of the claim to open out ■at the lowor end. pending a falling river to opeu the top end of the claim, adjoining tils boundary of the Endeavour Company. Tho dredge is one of large capacity, and it is anticipated that on a low river good returns will bo won. Kiso and Shines were inquired for yesterday at 12s, with sellers at 15s. Rising Suns are in demand, but recent sellers- have withdrawn from the market in consequence of tho improved -returns of the last feu* weeks. Auckland stocks a,ro mostly firm. Talisman Consolidateds aro still firmer, there being a salo yesterday at 33s 9d, as against 33s (id tho previous day. Crowns were also firmer, (hero being buyers at 8s 4<l, which was t-ho selling prico on fclvo previous day. In investment stocks only Gd divided, buyer and seller in Standard Insurance shares. New Zealand Goal and Oil- eased slightly, there being a salo at 3s. There was no apparent fluctuations in Tasmaniau stock. Tile sales mado yesterday were Talisman Consolidated, 33s 9d; New Zealand Coal and Oil, 3s. The following .are yesterday's latest quotations, subject to tho usual brokerage:— Dkedgikg Stocks. Chicago—Sellers 10a Gd. Dunsfan Lead—Buyers Is 3d. Electric —Sellers 22a Cd. Golden linn —Buyers Is 3d, sellers 4s. Hartley and Hiley—Buyers lis Gd. Lady Roxburgh (contrib.)—Sellers 9s. Manulierikia—Sellers 20s. Molyneux Hydraulic—Sellers 7s. Muddy Creek—Buyers (Hte, sellers 70s. New Alpine Consols—Buyers 7s Gd sellers 10s. No Town Creek—Sellers lis. Otago—Buyers 30s. sellers 35a. Pactolus—Sellers 375. Rise and Shine—Sellers 15s. Sailor's Bend—Sellers 10s 6d. AVaikaka Queen—Sellers 9s. Mining Stocks. New Zealand Crown—Buvers 8s -Id, sellers 8s Gd. Waihi—Buyers £9. "Wailii Extended—Buyers Cs lO.ld, sellers 7s l|d. Talisman Consolidated—Buyers 33s 6d. sellers Sis 3d. Big liiver—Buyers 4s. Investment Stocks. Bank of New Zealand—Buyers £9 17s, sellers £10. National Insurance—Buyers £1 3s 6d. Standard Insurance—Buyers £1 0s Cd, sellers £1 la. Union Steam Ship Company—Sellers £17 7s Gd. W-estport Coal—Buyers £6 19s, sellers £7 2s Gd. New Zealand Coal and Oil—Sellers 3s 9d. New Zealand and River Plato—Sellers £1 10s. Perpetual Trustees—Buyers 18s 9d. Milburn Lime (20s paidJ-Buyers £1 Gs Gd. Jtilburn Lime (10s paid)— Buyers 13s 3d. New Zealand Portland Cement-Sellers £2 Is 3d. D.l.C.—Buyers £1 is 9d.
THE TOST COAST, (Pnou Our Own Cokrespondekt.) ! mt GREYuMOUTH, March 6. The Consoliated Gt)ldfieidg of New Zealaii4 Co. has issued two circulars dealing with the purchaso of tho Blackwater reefs. The first says that in consequence of the entirely satisfactory way in which the Blackwator mine has opened up, the directors have exercised tho option hold by the two companies, A transfer of the property has been completed l in the joint names of the Consolidated Goldfields of New Zealand, and tlio balance of the purchase money, of £27,000, making in all £30,000, has boon paid. For this an area of 2900 ft on the lino of reef was secured, and prospecting carried oil "through a d.eposit of from 00ft to 70ft of alluvial deposit. The roef on the southern end had been proved on tho surface for 500 ft, and an additional length of 630 ft was subsequently driven on. Tho main vrinzo was stopped at 260 ft, to which depth it has been sunk in highly payable stone without a break tho whole way, the reef having been proved to within 800 ft of tho southern boundary. It was considered very desirable to acquire tho adjoining ground, and this has been doue, an option having been acquired at a purchase prico of £4000 for tho entire areas of 100 acres. To summarise tho position, tho manager, estimates that, allowing that tho ore continues throughout down to tho 2Coft level (it lias already been proved in tlio various winzes at the shallower depths to which they have been sunk), as well ' as through the main winze, there would bo exposed 38,000 tons, of an average assay value of loz per ton—equal to, say, £160,000 above the 2Goit level in the southern portion of the property alone., The property, judged by this, ia of great worth, As tho Consolidated and Progress Companies were both in it, it has been decided to form a new company, named' tbo' Blackwater Mines (Ltd.), with a capital of £250,000, of whieh £200,000 is to bei issued in fully paid-up shares as the purchase price of tho property, and received in equal moities by the two companies. The remaining £50,000, reserved for working capital, has been subsoxibcil—£*2s,ooo by tlio Consoliated and £25,000 by tho Progress Company, upon which shares. 5s each has been called up. A strong company has .been formed, and as work is being rapidly proceeded with, gold-winning may bo looked for in about 12 months. Tho present prospects are better than these existing when tho .circulars were issued'. TBEATMBXT OF KEFRACTORY ORES. The successful iroatment of gold and silver ores of a refractory nature, especially telluride, arsenllca-I, and pyritical ores, is a matter of great interest to the mining industry, and a movement is afoot to work tho Mount Zeeban property, in tho Auckland district, audi uso a now process for saving tho bullion, Jlciunt Zeehan mine is in tho refractory oro belt, to. tho north of tho Thames galdfields, and has lor.g been stated to contain high, oro values, but which liavo not hitherto been successfully treated, lix A. T. Firth, mining and metallurgical engineer, who i 3 at present in Wellington in connection with this company, states that it is intended to treat tho oro from tho Mount Zeelian mines by the Cqraplex oro refining process, which ha 3 beeii patented by Mr W. E. - Cayley Alexander, M.1.M.M.E.. By this process, it is stated, 90 per cent, of tho gold and silver values have" been successfully extracted, and it is. also claimed that the total cost of treatment by this process will bo less than that of free milling ore by the ordinary battery process, Mr Firth states that a most important problem has been solved, as by this process over 103 square miles, containing millions of tons of highly refractory ore, in the TVaiomo district, can now bo successfully treated, WEEKLY MARKET REPORTS. AUSTRALIAN- MARKETS. SYDNEY, March 0. Wheat: Cluck, 2s E)(l to 2s 10(1; milling, 3s l£cl to-3s ilil. Onls: Algerian, 2a fid to 2s lid; 'L'asmauian white, 2s Bil, Bailey' Cape, 2s Bd. Maize: Old, 2s Gd; new, to 2s ad. IJrni), BJd. I'ollard, BM. Potatoes: Tasmaninnp, £'2 us to .03. Onion?, to £3 ss. Mutter, Slis to 88s. Bacon. 7.U1 to 9?. d. MELBOURNE, Jlareh 0. Wheat. 3s Id. Flour, £7 ss. Oats: Algerian feeding, 2s Id; milling, to 2s 2d. Barley: English malting, 4s 7<l; Cape, 2s to 2s 4(1. Maize, 2s Jd to 2s sd. Brail, IOJd. Pollard, lOd. Potatoes, £3 to £2 10s. Onions, lo £2 15s. ADELAIDE, March G. Wheat, 3s to 3s o}d. Flour, £7. Oats: Algerian, 2s Id. Bian and pollard, 9Ld lo 10(1. ADDIXGTOX STOCK MARKET. (Peh United Prkss Association.) CHRISTCHURCII, March C. Ai tbo Addington live stock market to-day there were fairly large entries of stock and a gocd attendance. Store sheep wcre-in good demand,' and fat lambs were easier. Fat sheep were firmer in consequonce of tlio small yarding. Pat cattle sold at the previous week's rates, and 1 pigs sold well; There was a poor sale lor store cattle, and a better demand for dairy cows. Thero was a good entry of store sheep, tho bulk being lambs,, and the late recovery in prices was maintained. As the export buyers were not operating prices for good lambs were easier. Unfinished lots sold well, being mostly bought by graziers. Prime lambs made 1-Is 6d" to lGs; -a few heavier to 18s 3d; medium, lis Cd to Us; light sorts, 93 Gd lo lis. Fat sheep were in short supply, nearly all b*ing ewes, iiSd the quality was chiefly moderate. There was a good demand, and priee3 showed an Advance for all good and prime ewes and wethers, the yarding being only sufficient for butchers' requirements. The. range of prices was: Wethers, lGs to 20s; extra to 2Js 3d; merino wethers, 9s 3d to Ms ad; extra, 16s 3d to lis lOd; primo ewes, 17s to 21s; medium, Hs to ]Gs Od; 'others, 9s to 23s Gd. ' The entry of fat cattle totalled 92, the bulk being of medium quality. Prices for prime beef were rather firmer. Stores made Sa ]7s Gd to £10 2s Gd; heifers, iM 10s to £9 2s Gd; cows, £1 5s to £G 10s—equal to 22s to 23s Gd for prime, and 19s to 21s for medium per 1091b. Veal calves made 5s to £3, according to size and quality,. Thero were only a few rough lot-9 of storo cattle penned, and little business was done. Thero ivas an improved inquiry for dairy cows near to calving, and they sold up to £7 17s G(l. Thore was a moderate entry of fat pigs, and. a fairly largo eutry of stores. Fat pigs -sold. at about last ivesk's rates, and there was a s;ood demand for large stores, but not so
much in quantity for small sorts, Baconerj realised 10a to' 543, equal to 4d 10.4?, d por lb; porKera; 30s to 389, equal to 4Jd lo 5(1; largo stores, 2Gs to 335; medium, 18s to 22sWerners, 9s to 14s. . WEEKLY LIVE STOCK AND PRODUCE REPORT. Wednesday, March 6, 1907. • Fat Cattle.—l7o head wero [yanird, consisting principally of medium quality. The demand throughout the sale was good, and prices compared favourably with thoso ruling last week, Quotations: Best bullocks, f9 16g to £11; extra, £11 15s; medium do, £7 10s to £8 15a; inferior do, £5 15s to £G 15s; best cows and heifers, £7 to £8 ss; medium do, £5 15s to £G 10s; iuferiot do, £4 to £5. Stronach, Morris, and- Co. (Limited) yarded and sold: For Mr William Kirk (Mayfield), bullocks to £7 10s; a client, bullocks at £10 15s, heifers from £4 29 Gd to £3. The New Zealand Loan and Mercantile Agency Company (Ltd.) penned and sold: For Mr Joseph Crane, 2 pens bullocks at from £7 12s 6d to £8 2s (id.—Dalgety and Co. (Ltd.) varied and sold: Por Messrs Matthew Youn» (Palearoa), 7 steers at from £9 10s to £8" 12a Gd; William Kirk (East Taieri), 3 bullocks at £7 12s 6d; George M'Donald (Inchclutha), 8 steers and heifers, £4 5s to £G; a client. 2 bullocks at £G. The Otago Farmers' Cooperative Association of New Zealand (Ltd.) yarded 50 and sold: For Mr R. Charters (Uiy Park), 1 bullqck at £12 2s 63, 1 at £10, 1 at £9 15s, 3 at £9 10s, 2 at £9 2s Gd, 1 at £8 10s, 2 at £7 12s Gd', 2 at £6 10s, 1 cow at £7 Is Gd, 2 at £5 10s, 1 heifer at £4 15s; Mr J. Dove (Otokia), 2 bullocks at £11, 1 at £9, 5 at £5; Mr W, Kirk (Mayfield, Fjaat Taieti), 3 at £9 2s Gd; Mr J. A. 2 bullocks, 1 heifer at £7 10s; Mr D. Booth (Lcitli Valley), 1 steer, £5 17s 6d, 2 heiJers at £3; Mr A. Harvey (Middleraarch), 2 heifers at £5 ss, 2 at £3 2s Gd; Mr James Ciouston (Becks), 1 heifer, £7 10s, 1 bullock £7; Mrs L. Fisher (Becks), 3_ bullocks at £G 17s Gd, 3at£s 2s Gd. The National Mortgago Agency Company (Ltd.) >;arded 30 head, and sold; For Mr A. G. Anderson (Compton), 4 prime bullocks, £11 15s, 1 cow, £7 10s, 1 do, £6 ss; Mr John Miller (Manngatua), 2 prime heifers, £7; Mr W. Kirk (East Taieri), 3 bullocks, £G'l2s Gd, 4 cows £1 2s Gd, 2 heifers £0; Mr J. lveast (Kuri), 7 bullocks £5, 1 heifer £4 10s; Mr H. Smith, 4 cows £5, 3 do'£4 2s Gd. —Wright, Stephenson, and Co. (Ltd.) yarded and sold: For Mr 'William Kirk (East Taieri), 3 bullocks at £9 10s; Mr William Murcatt (Hampden), 3 do at £7 l'js Gd, 2 steers at £6 ss, 2 heifers up lo £5 ss; Mr William Lindsay (AUanton), 2 steers at £G 10s. Donald Reid and Go. (Ltd.) yarded 57. and sold: For Mr J. T. Gibson (Otokia), 12 bullocks at £12 lo £9 17s Gd; Mr W. Quin (Makihiki).' It bullocks and heifers at £G 10s to £5 ss; Mr John Kirk (Mosgiel), 3 bullocks at £9 2s Od; Mr J. Renlon, sen. (Greenlaw), 1 cow at £7; Mr William Lindsay (Allanton), 5 bullocks at £7 to £0 7s Gd; Mr J. Benton, jun. (Arkleston), 3 heifers at £7. 2s Gd to £5 17s Gd; Mr S. Korner fWingatui), 2 heifers at £4.12s Gd to £3 7s Gd; Mr W. Kirk (Mayiield), 2 heifers at £G 15s; a client, 7 bullocks at £6 17s Gd to £3 ss, 8 cows and heifers at £6 to £5 10s. Store Cattle.—The Otago Farmers' Co-opera-tive Association of New Zealand (Ltd.) yaTdcd 57, and sold for Messrs O. N. M'lntosh (Kaikoiai), J. Gamblo (Wyllie's Crossing), William Kirk (East Taieri), Cross Bros. (Portobello), W. l'ownley (Highcliff), D. Rutherford (Sandymount), Geo. Hutcheson (Pukikiki), and Jas. Robertson (Highcliff), cows and heifers to £2 18a; steers to £1 7s 6d; bulls at from £2 9s 6d to £3 12s Gd. —-Donald Reid and Co. (Ltd.) yarded and sold: For Mr J. Neill (Waipiata), 7 cows from £4 to £1 ss;'Mr T. Hewitt (Allanton), 3 cows at £2 Ss A. Miller (Mosgiel), 1 calf at 15s.— and 00. (Ltd.) sold 49 head for Messrs J. Knox (Green Island Bush), G-. JT. M'lnt-osh. (Kaikorai). and others. Stronach,- Morris, and Co. (Ltd.) yarded and sold for 2G cattle at full market rates.—Dalgety and Co. (Ltd.) yarded and sold for various vondors, 35 steers at £1 17s Gd to £2 2s Gd. Dairy Cattle.—Dalgety and Co. (Ltd.) yarded and sold\ for 'Mr William Wright (Abbotsford), 2 cows, to f3 10s.- —Wright, Stephenson, and Co. (Ltd.) sold for Mr William' Townley (Highcliff), Mr W: Cowan (Sandymonnt), Mrs Cummiug (Roslyn), and others, 8 head at up to £5 10s. The Otago Farmers' Co-operative Association of New Zealand (Ltd.) yarded 14, and sold: For Mr David Sutherland (East Taieri), 1 cow at £6 12s Gd; Mr James Curio (Mornington), 1 heifer at £5 ss; Mr Thomas Henderson (Brighton), 1 heifer at £3; Mr E. S. Clark (Woodhaugh), 1 cow at £4155; Mr J. Harris (Lcith Valley), 2 cows at £4 17s Gd, 1 at £4 16s; various clients, G cows and heifers aWrorn £3 15s to £5 ss. Calves.—Stronach, Morris, and Co. (Ltd.) yarded aud sold for a client, calves at 28s. The Otago Farmers' Co-operative Association of New Zealand (Ltd.) yarded and sold: For Mr John Kirk (Melville Park, Mosgiel), Mr Hugh M'Coil (Brighton), Mr W.. Townley (Highcliff), Mr James M'Gregor (North-East Valley), and clients, calves at from 8s to 17s. Fat Sheep.—l37B were yarded for this week, . the quality in most of cases being only medium. The demand throughout the sale was good, and prices on the whole showed a sharp rise from last week, especially for well-finished sheep. Quotations: Best wethers, 23s to 25s Gd, medium do, 19s to 21s; inferior do, IGs to 17s Gd; medium ewes, 18s to 21s; interior do. 12s to 15s. Stronach, Morris, and Co. (Ltd.) yarded and sold: For Mr M. Nolan (Hyde), 1 pen sheep at 17s 3d, 1 pen ewes at 15s Gd, 1 pi do at 13s; Ifessrs Murray, Roberts, and Co. (G ladbrook Station), 1 pen wethers at 23s 3d, 1 pen do at 203 3d, 1 pen ewes 21s 3d, 1 pen do at 18s Gd. The New Zealand Loan and Mercantile Agency Company (Ltd.) penned and sold: For Mrs M. Green (Taieri Beach), 3G wethers at 245, 23 do at 20s, 4 do at 18s 3d, pen ewes at 23s 9d; Messrs M. and J: Nyhon, Go ewes at. quotations. Dalgety and Co. (Ltd.) yarded and sold: For Messrs Geo. M'Donald (Inchclutha), 19 wethers, 255; Robt. Sheddan (Waikaka), 49 wethers to JGs Gd; P. and J. Scott (Ida Valley), 13 ewes and wethers, 14s; John Cameron (Arrijndale), 60 owes and wethers, 17s Gd; David Murray (Warepa), 102 wethers, IGs to 19s Gd; a southern client, 25 ewes to 13s 9d; R. D. Wilson (Berwick), 4 ewes and wethers, 13s Gd. The Otago Farmers' Co-operative Association ot New Zealand (Ltd.) penned and sold: For Mr J. W. Blair (Outram), owes at 19s 9d to 17s, do at IGs; Mr J. W. Long, 2 pens ewes at quotations; a client, 1 pen at quotations. Wright, Stephenson, and Co. (Ltd.) yarded and sold: For Mr Samuel Young (Taieri), 38 wethers at 25s Gd, 18 do at 20s 9d; Mr A. Baxter (Kelso), 38 wethers at 24s Gd, 24 do at 22s 3d; Mr Dojiald Macdonald (Edendale), 10 fat ewes at 245, 30 fat ewes at 22s 9d, 20 do at 225; Mr L. Mathesoii and Son (Kokonga), 4 wethers at 22s 9d," 39 ewes at 14s Gd; Messrs C. and J. Findlay, 33 wethers at 20s; Mr K. Mitchell, 12 ewes and welhers at 18s; Mr I{. Sheddan (Waikaka Valley), 40 wethers at IGs 9d, 55 ewes and wethers up to 15s.—The National Mortgage and Agency Company (Ltd.) penned and sold: For Mr 11. Tolinie "(Waipahi), Go owes to IGs 3d; Mr R. Mitchell, 38 wethers IGs, 27 ewes 7s 9d; Mr W. Turnbull (Mystery Flat), IGO halfbred wethers to 12s Gd; Mr Alexander Johnston (Spring Hill), 34 wethers, 18s 3d, 32 do 16s fld. —Donald lleid and Co. (Lid.) yarded 581, and sold: For Mr J. Grey (Fort Kill), 32 wethers at 22s 9d; Mr A. Whitely (Manuka Creek), 9 wethers at 2fia 3d, 27 ewes at 2-13; Messrs C. and J. Findlay (Findlayston), 01 wethers at 22s 3d lo 20s Gd; Messrs J. and H. Campbell (Milburn), 8 cwe3 at 10» Gd; a client, G5 owes at 17s to 5s -U1; Mr'W. Miller (Manuka Creek). 24 wethers and ewes at 22s 9d; Mr D. Nicolson (Rough Ridge), 22 do at IGs Gd; Mr J. Pcaree (Waipiata), 40 ewes at 13s fld; Mr R. Thomson (Lawrence), 38 ewes at lis Gd to 10s Oil; Mr T. Ciouston (Omakau). 43 ewes at IGs to lis Gd; a Taieri client, 48 ewes at 17s 3d to 3s Gd; Mr D. Leishnian (Whare Flat), 7G wethers at 20s Od to 17s 3d, 1 at 10s; Mr J. Henderson (Wyllie's Crossing), 20 ewes at IGs 3d to Gs 9d; Mr R. Leishman (Whare Flat), 31 ewes at 20s 9d; Mr W. Kirk (Mayfield), 39 ewes at lis 3d to ss. Fat Lambs.—3S3 penned. Prices were firmer for all sorts* Best larab3, 15s to 17s; medium do, 12s Gd to 13s Gd; interior do, 7s 3d lo 10s. —Stronach, Morris, and Co. (Ltd.) yarded and sold: For Mr M. Nolan (Hvde), 17 at 15s 9d, Gat 123 lid; Mr R. Mitchell, 13 at lis Gd. The New Zealand Loan and Mercantile Agency Co. (Ltd.) penned and sold: For Mrs Green (Taieri Beach), 1 pen at 13s; Mr F. Plover (Taieri Beach), 1 pen at 13s 3d.—Dalgety and Co. (Ltd.) yarded and sold: For Mr Robert Sheddan, 14 at 15s Gd; Mr Georgo M'Donald (Inchclutha), 1G at 15s; Mr D. Wilson (Berwick), 18 at 13s; Mr A. Matheson (Fair View), 34 at 14s; Messrs P. and J. Scott (Ida Vallev), 72 at 8g Gd; Mr R. Mitchell '(Portobollo), 30 at 10s 3d. —The Otago Farmers' Co-operative Association .of New Zealand (Ltd.) penned and sold: For Mr J. W. Blnir (Outram), 1 pen at IGs 3d; a client, 1 pen at IGs 3d; Mr H. Burke (Hyde), 26 at 13s 3d, 17 at 12s Gd, 2 pens at 12s 3d, 1 pen at 10s 3d; Mr li. Mitchell (Portobollo), 13 at 9s fld, 18 at'9s; a client, 1 pen at quotatous.— Wright. Stephenson, and Co. (Ltd.) sold: For Mr R.'STieddan (Wnkaka Valley), 11 lambs at 17s, 10 at 14s 9d; Mr L. Mathesoii (Kokonga). 10 at 13s fld, 9at 12s 9d. Donald Reid and Co. (Ltd.) yarded GSO, and sold: For Mr A. Wilson (Poolburn), 231 at 12s to 8s Gd; a Taieri client, 1 at 15s" Gd; Messrs C. and J. Findlay (Findlayston), 4 at Ms 9d; a client, 95 at lis Od to 10s 3d; Mr D. Nicolson (Rough Ridge), 58 at 15s to 13s 3d; Mr J. G. Pearce (Waipiata), 30 at lGsGd to 12s; Mr T. Ciouston (Olnakau), 27 at 14s Gd to lis fld; Mr H. F. Thomson (Lawrence), 25 at IGs to 12s Gd; ' Mr W. Kirk (fiayfield), 4 at IGs 3d; Messrs J. and 11. Campbell (Milburn), 14 at 13s; Mr G. Gray (Bellevue), 80 at 7s 3d; Mr R. Leishma'im JWhare Flat); 58 at 15s Gd to 133 Gd; Mr J. Henderson (Wyllie's Crossing), 23 at 13s Gd to 12s 3d. ■ Pigs.—l2s penned. Stickers and slip 3 met with a little better demand. Porkers and bacones were very firm. Suckers, Gs to 9s Gd; slips, 12s lo los; store, 19 to 26; porkers, 30s to 425; baconers, 55 to G63. Stronach, Morris, and Co. (Ltd.) sold for a client porkers to 37s.—Dalgeiy and Co. (Ltd.) yarded and sold: For Mr R. J. Sparks (Maungatua), 11 to 21s Gd. The Otago Farmers' Co-operative Association oi New Zealand (Ltd.) penned 21, and sold: For Mr A. B. Hal! (Waipiata), 2 at 2Ss Bd, 2 at 27a Gd;' Messs H,olt awl filiKl
(Pino Hill), 2-at 38a; Mr IV Kroppe (North-.' East Valley), 1 pig at £2 7e; Messrs-Holt and Dunn, 1 at'£l 19s; Mr J. Leckie (Normanby), 1 pig at £2 ss, 1 at £1 16s; Mr- M. Stcdman (Pine Hill), 1 pig at £2 2s; Mr J. W. Blair (Outiam), 2 at 18a Gd, 4 at 10a U, 1 at 9s. • . Wright, Stephensou, and Co. (Ltd.) sold 22 pigs for several voiidors at quotations.: The National Mortgage and Agency Company penned anil sold porkers to 375; slips to 14s Gd. Donald Reid and Co. (Ltd.) penned GO, and sold: For Mr J. Middleditch' (Sawyer's ; Bay), 3 at 37s to 355;. Mr J. Eirlles (Allanton), 4 at 235, 4 at 9s Gd to 9s; Mr J. Stedtuan (Maungatun), 4 at 40s 6d; Messrs Holt and Dunn (Pino Hill), 2 at S7«; Mr J. E. Jones (Brighton), 2 at 40s; Mr JJ Ellis' (Wingatui, 5 at. 345, 9 at 7s Od to 6s Gd; Mr W. Blaokio (Glasgow Farm), 1 at lGs- Gd, 9 at 9s; Mr I H. Allan ('l"he Holmes), 4 at 9s to 8a Cd; Mr J. Shorn (OSokia), 13 at Jss to 12s Gd. Country Sales—Tho. second of the series of ' the Otago Central stock sales for this season was held last week, commencing at Jliddle- '■ march on Wednesday, 27th nit, and continued at Bough liidgo aud WaipiaU on the Thursday and Friday following. Although tho Mauiototo Plains and Ida Valley districts had not up to tho time the sales were held had .sufficient rain to benofit thu pastures, yet the improved prospects in North Otago ■ were shown by tho strong force of buyers' ]■ attending the Central sales. For all classes of young stock the demand wa9 keen, and although not equal to current values io-d&y (ior during tho past few days there has been, a strong upward tendency in the value of sheep) the prices obtained, in' the light of those ruling a month before, were highly • satisfactory. Practically tho whole of thoentries changed hands at the following rango of values:—Four and six-tooth crossbred and lvalfbrcd wethers, 10s 9d; two-tooth.crossbred .■• wethers. Ss 3d to 9s 9tl; two-tooth crossbred owe?, 10s to 12s 9d; best lambs, 8s to 9s 9<l;, medium do, 5s to 7s; small do, 3s to 4s Gd;: small mixed crossbred and halfbred ewesi fis Gd io 7s 9d; boilers, Is Gd to ,3s.—-The Otago Fanners' Co-operativo Association of New Zealand, report:—We held our usual monthly sale of sheep, cattle, ■ pigs, and horses at our Pahnerston yards on Monday last. Wo had a splendid- muster of farmers from the surrounding district and several • from the north, tho latter mostly intent on. sheep business, in consequence, no doubt, of. the late rains coming to the rescue, grass mill turnips showing a very considerable improvement in growth, and giving renewed confidence to owners and speculators. The latter wcro inclined to operate freely, hut ns< the yarding was rather small very little business '. was done. Cattle of all descriptions sold al an advanco ou late rales. We yarded 170 head. Rabbitskins.—Medium-sized catalogues wen submitted this week, and there was a good demand for all descriptions. Notwithstanding a drop of Id per lb in the London market prices here showed a hardening tendency. Supplies are now increasing, and tho following aro present values:—Summers, BJd to lOJd; spring bucks. I'M lo 14dj spring does, 7d to BJd; small, 4id to GJd per lb. Sheepskins.—Sales were held this wcek._ when there was an average attendance of buyers. The demand is good, aud all coming forward are easily sold at late quotations. Good sound pelted lines, suitable for. ' shipping, command most attention, and the following may b© taken as present quotations:— Best.helfbrods, lOd to lOSd; modinm do, BJd to lOd; best crossbreds, 9Jd to lOJd;' medium do, 8d to 0M; best merinos, 8d ta ' 3d; medium do, 7d to Sd; polls, 7d to 9d;; lambskins,, 7Jd to 9Jd per lb. •' Hides.—No sales have been held siuco last report, and tho next take place ori'Mondajy 11th iust., instead of Thursday of this; week,, the latter being wool salo day. : Tallow and Fat.—Supplies lately havo fallen' off very considerably, and there is a keen de- ' ;. maud for- all consignments reaching Dunedin.' Buyers aro keen to do business, and have lately advanced their prices. Present quotations:—Best rendered tallow, 22s Gd to 255;: good do, 20s to 235; medium do, 17s Gd to 20s;. .-',.. best caul fat, IBs to 17s Gd l ; best. rough. fat,- .■ 15s to 16s; medium do, 12s Gd to 15s per cwt. Grain.—Wheat: There is more wheat offering now, and prime sample's'of milling corn- . rnand a- good price. Medium samples, however, are more difficult to place, and millers :■ aro not prepared to give raoro than fowl-wheat' prices for them. Quotations: Frimo milling,; , 3s 4d to 3s 5d per bushel; medium to good do; 3s 3d to 33 4d; best whole-'fowl /wheat, 3s 2Jd to 3s 4d; broken and inferior, 3s to 3s 2d.Oats: So far arrivals of this season's oats hays been small, and the demand is good for ' prime samplos. The market keeps up, and chows no signs of easing in tho meantime. - Medium lines aro not so.eagerly competed f for, .;: but bring good values. Quotations: Priuie . milling, 2s Gd to 2s 7d per bushel; medium do. 2s 5d to 2s Gd; good to best feed, 2s 5!, d., ' to 2s Gld; inferior to medium, 2s<3d to. 2s sd. Potatoes.—Values havo eased' since last re-.. port owing to increased supplies. Present . quotations: Prime lines, £5 10s to £5 15s per ton; good do, £5 to £5 ss; medium, £4 10s ' to £4 15s; inferior, £2 10s to £3 15s. ' Chaff: Tho supply has lately neon equal .to. the demand, and only prime quality is readily placed. Medium is hard to sell, and lower prices have to be accepted. Quotations: Best ' oaten sheaf, £4 15s to £5 per ton; medium do, £4 5s to £4 10s; light and inferior, £3 5s to £i\ straw chaff, £3 2s 64 to £3 10s. • : ; - Straw: Oaten, £3 15s to £3; wheaten, £t 12s Gd lo £3 per ton. WEEKLY MARKET REPORT. Messrs A. Moriizson and Co. report for * week' ending March C: — Wheal: Prime milling, 3s 4id to 3s sd; fowl wheat, 3s> 3Jd to 3s 4d. Oats: Milling, 2s GJd;' B grade, 2s Gd; inferior, 2s 3d to 2s 4}d. : ; Potatoes: Prime, £5 10s; medium, £5.- Chaff: . Prime, £5; medium, £4 15s. Ryegrass: ■ Farmers' dressed, 4s Gd to 4s 9d;. machined, ■■■ • 5s 6d to Gs per biudicl. Cocksfoot: Fanners' lots, 4id; machined, 5Sd to : '..■ Gd. Hides: Market continues firm. We quote: Prime ox, 7Jd to 8d; cow, vep to \ GJd. Tallow: Rough fat, clean, 18a .-to'l6s; ...'. tallow in tins, Ids to 19s; extra fino mutton, 19s to 21s; casks, 22s to 28s. Sheep--, skins, 12s Gd for extra heavy;. others, •.. :■ Gs to Bs. " Rahbitskins: Wo have, largo ;' ' inquiries. Winter blacks, 16d tO'18d; early i autumns, 13d to 145 d; incoming -winters, 15d to . 18d; early do, 135dt021d; others in proportion. Poultry: Local—Hens, Is Gd to 2s;.'roosters,' 3s to 4s; ducks, 2b 6d to 3s Gd; geese, 3s to 4s; turkeys—bene, sd» per lb;, cocks.' 7d\ per lb (live weight). Eggs, Is 2d. Freeh butter, 81d; salt butter—first grade, 9d; second jride, 8d; third grado, 7d {z\l f.0.b., > through freezer).
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Otago Daily Times, Issue 13845, 7 March 1907, Page 9
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5,385MINING Otago Daily Times, Issue 13845, 7 March 1907, Page 9
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