COMMERCIAL.

Otago Daily Times, Issue 13857, 21 March 1907, Page 6

COMMERCIAL.

Daily Times Office, Wednesday evening:. Tho amount of rGvenita collbcted at tlia Diinedin Custom llouso to-day on goods cleared for consumption was £316 12s (xl. LONDOff MARKETS. LONDON, March 19. Copper: Spot, iIOS 173 lid; three months, £108. Tin: Spot, JCI9O 10s; thrco mouths, .£IOO 103. Load, fin lGs 3d. Silver, Hid per ounce. Tho quantity ot wheat and flour afloat for tho United Kingdom is 3,'JOO.IHi) quarters, and for tho Continent 2,070,001) quarters. The Atlantic shipment: were 0,1.000 quarters. Bank shares aro unchanged. WOOL SALES. LONDON, March 10. At the wool sales a miscellaneous selection wns offered. Bidding was spirited, and prices were fully maintained. The fleccc portions of the following clips realised:—Otekaike, 13' d; Pindari. 1-Ud. The Xew Zealand Loan and Mercantile Agency Company (Ijtd.) arc in rcceipt of the following advico by cable from their London house, in connection with the progress of the second series ot wool sales:—"Tho sales progress firmly. As compared with last sales' closing rales, prices arc higher by about 5 percent, for coarse greasy crossbred and crossbred slipe. Medium greasy crossbred remains about the siutic as before." CLEARIXO SAI.K AT BLACKSTOXE IIILL. (Froe 01-r Own Correspondent.) BECKS, March 20. Messrs Wright. Stephenson and Co. (Lid.), in conjunction with Messrs Da.'gcty and Co. (Ltd.),. report having held a clearing sale of tho whole of Messrs Ross and (llendining's Btackstone Hill Station stock at the homestead yard.* on Tuesday and Wednesday, ]<)lh and 20th inst. The sale has been rendered necessary by the resumption of the Klackstuiio Hill Hun by the overnment for selilenienl purposes. The whole cf the stock was therefore od'ercd tor unreserved sale. Tho lilackstone J!ill stock has been well and carefully managed for uutnv years, and there Inui always been a keen demand tor the annual drafts of surplus sheep rind cattle. The stock was ill fine order, and the manner in which it was dratted and arranged reflected great credit, on the manager (Mr Armour) and his assistant (Mr Hobert Elliott). There was a very largo attendance of buyers. South Canterbury untl Southland both being well represented. There was very keen compote .0:1 throughout the sale, and prices showed a groat

riso oil those current a few weeks ago. A feature of the sale was tho strong competition of southern buyers, fully 13 par oont. ot tho shoop going to Southland and' Sooth Otago, the other 25 per cent, remaining; in Central Otago. and not a single sheep going to Canterbury. The sale, as a whole, may be classed as the largest and nrcst successful ever held in Central Otago. The following is u list of prices: — Sheep: 1.rj.1 two-tooth crossbred ewes, 15s; lilCO four and six-iuih ditto, 18s; 511 eight; tooth ditto, ir>s to 10s 8d; 493 fiill-mouthetff ditto, Us 9d; 1310 two-tooth crossbred wethers, 12s 3d; 11.00 four and £i>:-tocth ditto, lGs: 2KB eight-tooth, lGs Gd: -ISS crossbred lambs, lis sd; 700 lialfbred lambs, 10s 7(1; 3300 iwo-!.?oth merino ewes, 10.1 to lis Gd; 3COO four-tooth ditto, 14s Id; 17(10 nix-tooth ditto, 12s «d; 2500 eight-tooth ditto, lis 9d; 250G full-mouthed ditto, 85; 800 ditto, Ss 2d; 230 aged ditto, 4s; .1175 two-tooth merino wethers, Ss; 4310 four and six-tooth. ditto, 8s; 2130 eight-tooth ditto, 3s 10il; 2009 fullmouthed ditto, 7s Od; -1700 merino lambs, 7s 2d to 7h "kI. Cattle: 54 ibrec-voar-old bunocl:?, £G 355; !U ditto, £4 IBs; »i ditto, £4 11s; 7-1 two-year-old' steers, X2 lis; 95 two-year-old hoifern. £S lis; IS! yearlings, il 10s; 00 forward cows and heiferi!, .£-1 'Js; KM cov.-s and heifers, B 10s; 180 cows with calves at foot, £2 as. Jiurses: 0 draughts up t& £47* and pjght unbroken hacks and light liaruess !ioi-.-os at from) i'l.'i 10s to £22.

PROPERTY SALE.

Messrs James Samson and Co. held a sa-lo of properties at their rooms yesterday. The attendance was large, and bidding brisk Ihrmichout:—tinder instructions from P. li. Low, Outrain, they ottered his freehold property, being scction 10 and 1 part 17, Outram Extension, containing lr Uop,' on ■"Well j 3 erect<xl a. dwelling of suvoti rcoins imcl sa-dulcr s shop, stable, and outbuildings thereon. Bidding for this property started at' £401) and soon reached £100, when ik .Tolm Henry liiithoala bccmne tho piirchsssr. 111 the estato of the Jn.te Elsio Thomson, Port Chalmers, acting undor instructiAns from the trustees in the will, lliey ofTercd Dalkeith property, comprising the seven and u-half acres.-swljoin-ing tho southern boundary of the township of Port Chalmers, with llirco cottagos thereon. Bidding started at .C3OO, and soon reaohoA £520, 11 well-known Port Chalmers resident being the purchaser.

HOTEL PROPERTY SALES. Mcssts E. L. Alacassev and Co. report-hav-ing solil till- following hotels:—On account of Mr A. Houlston, tho lease, furniture, and elTcct-s of the Commercial Hotel, Green Island, to Mr Thomas O'Connell, of ra-lmerstori South, On account of Jlr James Gibbon?, Hip lease, furniture, and effects of the Fitzroy Hotel, South Dunetlin, to Mr 0. J. Dunne, of Dmicdin. On account of Mr John Milne, tho lease, furniture, and effects of the Marine Hotel. Port Chalmers, to Mr J. B. Crowley, of Waikain. On account of Mr Thomas It. Partane, tlio lease, furniture, and leffccts, horses, traps, etc., of tho Brighton Hotel, Brighton, as a going concern,-to Mr Thomas Major, of Dunedin. On account of Mr J. A. Duncan, tho lease, furniture, and effects of the Bridge Hotel, Kaitangala, to Mr T. J. Callaglian, late of the Empire Hotel, Waikain. On account of Mr Joseph Xoonms, tho lease, furniture, and effects of the Kokonga Hotel, Kokcnga, as a going concern, to Mr J. Silver, of Dunedin. On account of Mr J. 1). M'Lonnan, the lease, furniture, and effects of the Newtown Hotel, Matakanui, together with hall, slore, and butchery, as a going concern, to Mr 11. Cameron, of Dunedin. On .account of Mr Alexander Young, the lease, furniture, and effects of llio Georgetown 1 Hotel and store. Georgetown, as a going concern, to Mr Jas. Howard, late of the E-vansdalo Hotel. Oil account oi Mr if. J. Roughan. tho lease, furniture, and effects °f the Bridge Hotel, Y/tupori, to Mr John J. Snndborn, of Tirnaru. We completed the stile of the above hotel properties in two weeks' time. There is a i very large demand for hotel properties of all description, especially leaseholds.