COMMERCIAL.

Otago Daily Times, Issue 14211, 12 May 1908, Page 4

COMMERCIAL.

LONDON MARKETS. Pres.' Association.-By Tclegraph.-Copyrighl. „ , LONDON, May 10 Consols, £35 10s. iTozcn HwW/tep: Canterbury hVht, ■Jd; mow™ !.<]; w KorU J m «J 3Ld, best bands, feu. L, ffibs: light medium, unchanged; heavy, 5 11-ic-l - Itorth R'hcd M. Boef: Fores, S M ; hincls! •fid. Kivsr P;ate sheep: Heavy, 3jjd • ]i«lit 3 ™ IGd - Ec<!f: ForC5 ' 3 J" 10 ' 1 ; hinds,'agf : Iho copra market is quiet, acd raW are unchanged. Silver, 2J MM por m. Copper: Spot. £56 15s; three months, £37. im: Spc-t, £138; Uiice months, i'J.'iS in, I ad, £13 Is Gd. Antimom-, £9 ]Os.

THE HIGH COMMISSIONER'S CARLEGUAM. (Per United Pukss Association.) WELLINGTON, May n. Tlic Hi«h Commissiouar's cablegram, clatcvl London, May 9, ia as follows: — Mutton—Tho market a inactive, oxw>i>t for light weights. The foltairinf; arc tl.-o current quotations:— Oamtarbury, yd; North Island, 32(1; River. Pftetc, 32<L '

Lamb.—The market is firm, and there is improved demand for Canterbury brands at sJr.l; other than Canterbury, sJcl. Boot.—The market is dull, and very little busineas is doing.—Hindquarters, !!Jd; forequ&rters, HA. Buttor.—Tho market is (Inn at an advance. liiglil shipments arc exi'.Wcd. Choicest New ".cahind butter, lHs; Danish, HGs; Australian. lOSa; Siberian, lllSs per cwt. Choose—The market is slightly weaker, there being less demand, and stocks accumulating. Quotations, 50s ,ior cwt. Jlemp.—The market is quiet, and lias declined. The stock held in London amounts to 452 lons. Current quotations: Good fair grade, on the spot, £25 10s; fair grade, on tho spot. £24; fair current Manila, an tho spot, £24. June to July shipments: Good fair. £25 10s; fair, £21 ss; fair current Manila. £21. The cocksfoot seed market is firm. Bright, clean 17 !b seed, 80s per cwi. The shipments from the ftivcr Plate during the month of April are as follow:—Mutton: London, 111.011 carcases; Liverpool, 1O1.3S0; Newcastle, 9763; Cardiff, 7213; Southampton, 4925. Limb: Lonrtou 28.326; Liverpool, 13,830; Hull, 1071; Newcastle, 585; Cardiff, 82G; Southampton, 830.

SYDNEY MABKETS. Pros» Association.—By Te'.ograph—Copyright. SYDNEY, May 11. Butter is rising. It has advanced Gs per cwt on the week for the best, and 4s for other grades. Wheat has advanced sd, and bran and pollard are quoted at .£B.

WELLINGTON STOCK EXCHANGE. (From Our Own Cokrespondent.) WELLINGTON. May 11. Business on 'Change was dull to-day, Tiicro was a slight decline in quotations for Wellington Gii3 and National Bank shares.

GEAIN AND PRODUCE REPORTS. Messrs Dalgety and Co. (Ltd.) report as follows:—We held our usual weekly auction sale of grain and produce at our stores on Monday. Our offerings wore large and representative. Buyers wcro in full force, and competition animated. In consequence a good clearance- was effected at satisfactory prices. Values ruled as under: — Oats.—Tho firm tono ii" this market reported in our last is well maintained, all lines of A and B grade Gartens or sparrowbids being readily taken at prices a shade better than those- ruling lust week. Prime milling quality has more attention from buyers. Quotations: Seed lines, 2s 6d to 2s 9d'; prime milling. 2s Set w 2s 5Jd; good to best feed, 2s 4Jd to .2s 3d; inferior to medium, 2s 2d to 2s 3Sd per bushel (sacks extra). Wheat.—Tho late favourable reports from tho Homo market have teen reflected hero, with the result thafT an increased firmness in the market has been B&own during tho past week, and millers have been operating in all choice lines available of northern ana southern wheat. Quotations: Prime milling. 4s 8d to 4s 9d; medium to good, 4s 7d to 4s 7Jd; best fowl whea.t, 4s Gd to 4s 7d; broken and damaged, 3s lOd to 4s 3d per bushel (sacks extra). : Potatoes.—The market is somewhat unsettled, owing to the proposed regulations re shipping. Competition for most of our offerings, which included some choico lines of Up-to-Datos, was hordiy up io last week's, rates. Quotations: Prime Derwonts, to £4 15s; prime Up-10-Datcs, £i to £i 7s 6d; medium to good, £3 15s ta £1; small and inferior, £3 to £3 12s Gd per. ton (bags in). _ Chaff.—The market is firm at late quotations. A good inquiry exists, both for local consumption and shipnimt, for prims bright heavy, well-oat oaten shou'. chaff. Inferior and medium sorts aro not sought after, and are more difficult to place at quotations. Quotations: Prime oaten sheaf, £3 17s 6d to £4; medium to good. £3 12s 6d to £3 15s; inferior and light, £2 17s Gd to £3 as per ton (sacks extra). Straw.—Arrivals of late are not so heavy, and prices are firm at last week's quotations, which are: For oaten, 35s to 37s Gd; wheaten 30s to 35s per ton, preised.

Messrs Donald Reid and 00. (Ltd.) report,: We held our weekly auction sale of grain and produce- at 6ui stoics on Monday. Tbero was a full attendance of buyers, to whom 1 we submitted a lengthy catalogue of oats, whoai, potatoes, chaff, and straw. For all lines catalogued, with the exception of potatoes, thero was good competition at prices fully equal to late quotations. Values ruled as under.— Oats—'Ho demand both from local buyers and shippers is strong, and' all grades of sound oats aro readily quitted at prices which in most cases show an advance of £d' per bushel on late quotations. Seed! lines havo more attention, and for all sorts the market is firm. Quotations: Seed lines, 2s Cd to 2s 7d; prime milling, 2s 5d (o 23 5Jd; good ta test feed, 2s 4d to 2s sd; medium and inferior, 2s Gd to 2s 31d per bushel (sacks extra). Wheat.—Although priros have not advanced to any groat extent, there is decided improvement in the demand, and all lines of prime milling quality orc> readily taken by local millers at quotations. Seed lines are also inquired for, aud choice samples are easily dealt with. Quotations; Clioico 6eed lilies, 4s 10d to ss; prime miEing, 4s 7sd to 4s BJd; medium to good, .4s 7d to 4s 7Jd; whole fowl wheat, 4s (id to 4s 7d; 4s 4d to 4s sd; broken and damaged, 3s lOd to 4s 3d per bushel (sacks extra).. Potatoes.—The market has been in an unsettled state for some days owing to th 9 difference that has arisen between local shippers and buyers at other ports regarding the inspection of shipments, In consequence liltlo business has boon passing, (ind stocks have M»uniulatc-d to some extent. At to-day's sale we submitted a considerable quantity, and all-hough competition was good up to it point, values showed a drop of about 7s Cd to 10s per ton on those of last week. Best l)erwents sold at £1 10s to £i 15s; best Up-io-Dates and other white sorts, SA 2s Gel to &i 7s Cd; medium, £3 15s to £4 per tou (bags included). Chaff.—During the week considerable quantities have come forward, but, with good export demand, all primo lots havo met ready sale at late rates. Quotations: Best oaten sheaf, £5 17s Gd to £4; medium] to good, £3 10s to £3 15s; liglrt and interior, £3 to S3 5s per ton (bags extra). Straw.—Moderate consignments continuo to arrive. Quotations: Oaten, 355; wheaien, 32s Cd to 35s per ton (pressed).

PROPERTY SALE. Messrs 13. L. Macassey and Co. report having sold, on behalf of Sir James M'Keclmie, tbo well-known Prince of Wales Private Hotel property, Clinton, including all ths freehold and buildings, together with all the furnitirre and effect*, to Mr William K Ambler, of Molbouvne. Mr Ambler tukca possession on the 25th of May. IIERIOT lIORSE FAIR. Messrs Todd Bros and Co. report:—We held our annual liorso fair at Ileriot on Friday, Bth May, and a large entry waa forward, totalling 77 of all sorts. Bidding was slow, particularly so for aged, stole animals. Good young horses sold at prices fully equal to the current- rates at other centres. We sold altogether 33, Mr William M'Donakl topping tho market with> well-bred liwre by Scottish Chief at £51.' We sold: For Mr Michael Hunt, six-year-old gelding £31, gelding £28, aged gelding £7, hack £11, Ihree-y-ear-old filly £16. yearling £5; Mr Peter Sim, bay mare £i 2. unbroken filly by Blacksmith £18; Mr W. A. Sim, bay gelding £19 10s; Mr W. M,' Donald, bay maie. seven years, £51, bay gelding £39, bay gelding £33 10s; Mr William Phillips, chestnut mare, five years, £14; Mr A. Kemptliorne, gelding £7 10s; Mr J. k. Brown, bay gelding, four years, £30, harness mare £14, aged inare £11 10s; Messrs Shearing Bros., six-year-old rnaro, by Royalist, £17; Messrs Thomson Bros., lmy gelding, five years, £17, bay gelding, eight years, £H\ Mr W. D. Crossan, lxiy gelding, £24; Mr George Ranger, foal £10; Mr Joseph Ilanghton, yearling draught £13 ss, yearling half-drought £12 15s; Mr Thomas Mflyow, bay filly, unbroken, £23; Mr J. P. Dun'op, harness mare £12; Messrs Mullane, Waigth and Son, and others, 1 horses at from £1 to £7 10s; Mr Bradshaw, binder £10, plough £6, sundry harness at current rates.