COMMERCIAL.

Otago Daily Times, Issue 14001, 6 September 1907, Page 4

COMMERCIAL.

LONDON MARKETS. Press Association—By Telegraph—Copyright. LONDON, Septombcr 4. . Copper: Spot and three months, £71 6s. Tin: Spot, £166 15s; three months, £160 10b. Lead, £10 16s. Wheat: Two Australian cargoes sold at 38s and 08s Gd respectively, ami 14,C00 s quarters -of January and February shipments at 37s G'J. At tho tallow sales 1633 casks were offered, and 216 sold. Pricss are unchanged.

THE, FROZEN MEAT MARKET. (Per United Press Association.)

NAPIER, September' 5. Tho C.C. and D. Company, London, cable tho following report:—Frozen meat market: Mutton -weaker. Quotations: Canterbury mutton, 4Jd; Napier. Wellington, and North Island, 3|d, Lamb;. .First quality, 6}d; second, sjd. Beef: Hindi, 3|d; fores, 2Jd. x .

STOCK SALE.

Messis Dalgoty and Co. report laving held their monthly Hilo at Palmergton on Monday, 2nd inst , when they yarded and sold 420 sheep and 92 head of cattle. There was tbo usual attendance of buyers, and, as the recent rains havo given every promise of a good spring, the demand was keen for both sheep and cattlc at prices in advance of thoro ruling at previous sales in this district. Crossbred ewes, mixed' nge-s, sold for 20s;' crossbred hoggets (small), 15s to 15s Gd; dairy cows, spring. calvcrs, JM to £o 2s Gdheifers,' £2 10s to £4 10s; fat heifers, to £6; calves and yearlings, 15s to £1 9s Gd.

HIDE SALES.

The New Zealand. Loan and Mercantile Agency Company report as follows:—We held our usual fortnightly sale ot hides by auction at the Otago Wool and Grain Stores, Lower. Kattray street, on Thursday, when we submitted a very full catalogue, mostly light sorts, but in fair condition, to a full attendance of buyers, who operated with a good deal of animation, late rates bang well maintained. A portion of the catalogue, however, having reserves somewhat too high for buyers' ideas ot va.luc, had in oonsequeuce been passed in meanwhile, waiting further instructions. »Quotations: Extra stout and- heavy ox, CJd to 7d; good heavy do, 6{d to Gd; light to medium do, 4Jd to 5Jd; best stout heavy cow,, 4Jd to sd; light and medium do, to 4Jd; iuferioi and stag hides,, 2d io 3Jd; yearling, 3!d to 6Jd per lb; calfskins, 2s 3d to 5s each. ■ Messrs Wright, Stephenson, and Co. report as follows:—Wo held our usual fortniglitly kido sale on Thursday, sth inst., when wo offered a catalogue comprising 301 hides, yearlings, and calfskins to a fair attendance of the trade. There is keen competition for good, heavy, woll-conditioned hides of extra substance, and in this class Eold two averaging 9Glb at 7di por lb, whioh gives a gross return to the client of f2 13s 8d por hide, l'riccs for light and modium hides ranged much on a par with liito rate?: TJiorc is gwxl demand Sot ycar'inga and oalfskins. Quotations: Prime stout 'heavy ox, GSd to Gjjd: anything with extra substonco up to 7d; heavy, 5Jd to s^d; medium, 4Jd to 6Jd; light, 4d to 4Jd; stout prime heavy cow, 4gd to •ljd; medium, 4Jd to -I'd; light, 4d to 4id; stag audi bull, 2Jd to 3d; yearling, 3Jd to 4Jd per lb; calfskins, Is Gd to 4s M each.

Messrs Donald Reid and Co. report:—'We hold our usual fortnightly sa-lo of liides at 011r stores, Cumberland and Vogel streets, on ihursdiiy, sth inst., when wo submitted n largo catalogue to the usual attendance of buyers. Prices for modium and light hiacs were about the sanio as those ruling at last sale, but for extra heavy hides thoy shoivod ft slight dccline. Our catalogue was fihnost mnde up of country butchcrs' and farmers' lots of light and medium* weights, and theso were disposed l of at quotations. Values for yearling and calfskins rnlod about the mm as at last sale. Quotations: Extra heavy stout ox, to Gsd; heavy ox, Sid to Cd; medium, 5d to Sid; IMit 4&d lt> -i2d; heavy cow, 4gd to 4i<T; medium,' W to 4®d; light, 4d to -Ud; yearling. 33d to. iw lb; cuMins, 2s to ss;. horse hides, to Is 3 each.

Messrs Dalgcty and Co, report as folt fii hcl<i °'f r ,1E,1,v1 fortnightly salo ot hides at oiu' stores on Thursday, when wo snbnutted a fair-sized catalogue to •& lull attendance ot buyers. Competition was spirited tliroughout, ii.tid a eloa-nmce of cur olforinp resulted at prices fully equal to two lately ruling. Our catalogue consisted chiefly of country consignments, fow of uliioh shoued especial-quality, Ourtop prico realised was for ox hides, weighing 721b, which made 7d. Quotatioiis: Prime r.tout licavj' ox, G>,d to "s«; ordinary substance, htavy. iiJtX io'edpoor owl sheety, heavy, 4{d to sid; mcdium--7i J ill v's f"*!-, 1 ? E<1 ' nietli, »n. ordinary, 4d to 4Jd: light, -td to 4Jd; prime, hca\-j- cow, j to ojd; medium and light, « to t;d; stag, 2ja to 3d; yearling, 3Jd to 4!. d; calfskins, 6d; to GJd. Messrs Stronacli. Moiris, and Co. treport 'r , , !' ot, ' 3: ~} l \ 1 0 ''» ld c " r fortnightly salo of hides on rhursday, September 5, when wo submitted a medium catalogue of 210 hides. Ihcro ots the usual attendnuce of buyers, ami pnees, taken all round wero very much on a ]W r with these ruling at our last sale. o had very few reallv prime stout bites forward, and our highest prico wa 3 Ojd for ox, and s}d for cow. The majority of our calalogne consisted of fair to niedium hides, Tho following are fome of the actual prices obtained:-Prime heavy v ?, » i 600(1 beavv. 5d to 55d; medium, -td, to 43d; light-weight, 0"; d to 4J.d' 3(1 t0 3 « d i hcavv cow ludcs, 4;d to CJd; mediiuu and weight, 3(d to -)W; inferior, 2d to -Id ■ yooxhng, 3Jd to old; ealskins, 4Jd to G <1 per lb, 3