COMMERCIAL.

Otago Daily Times, Issue 14282, 3 August 1908, Page 4

COMMERCIAL.

Daily Times Office, Saturday evening. IMPORT MARKET. Merchants record an improvement in trade during ihe weak, and report that a. number of short lines came to hand ex Waimato and Konfield. _ Brown and Poison's semolina, in lib (ins, is on the market at 5s 3d. Robertson's Scotch marmalade., in 41b and 71b tins, ItiTs boon landed nt 2s and 2s 2d respectively. M'Clintoii's Tyr-Owen soap, in earlons, is quoted at 6s fcd por dozen "tabs"; and Lover's toilet sen)), also in cartons, commands 10s to 10-s 6d. Pearl barley is quoted at £18. Sicily almonds are quoted at lid to Is. Hie Waimato brings a shipment of horrings, which have been in short supply! The quotations are: I'rash. 6s; in sauce, 7s lid to 7s 6d; kippered, 7s 6d to 7s 9i|. Keillor's strawberry conserve, in ?.lb jars, a new line on the market, is quoted at It's bd per dozen. Burke's whisky, which lias been off the market for some iime, is be'in"- landed ex P.enlield, " oamaru market?. (From Our Own Correspondent.) OAMARU, August 2. Tho local wheat market is quite inactive, tho last sals recorded being early in tho w»k at 4s lid net.' at a country siding. Since then 4s 3d, less commission, at a siding, was offered and refused. Fowl I wheat lias been sold at 4s 2]d, f.o.b. sacks in. The oat market is quiet, and feed lots for local consumption comprise most of tho business, die price being 2s not, at growers' swings. Some coastal shipping has been written nt 2s 2d to 2s 4d, f.0.b., sacks in; •y~!' er E4n, P l<s being a id to ltl less. •The absence of any demand from the

North Island lia.s adversely affected tho valuo of potatoes, for which £* net, at. sidings, and £4, delivered in Oamaru, has been paid to growers, while shipping business has been <!ono in moderation at £4 12(i 6d to £1 17d 6(1 for Denvenls, and i' 4 15.s for t'p-to-Dates, f.0.b., M cks in. A re-graded lot of Derwents brought £5 on similar terms. Chaff is in [air request at £3 l?s 6d not, al silling.*, and £5 se, f.0.b., eacks in. Tho oli'cr of free railage for fodder for stock allrcted by tho rccem floods has created a demand for uirnips and mangels, and they arc being railed to luirow and to tho i'aieri at ZCs per ton fjn trucks. Prime lia.v, for a. similar purpose, would bring up to £4 s*. The demand for slore stock is now im proving coii&eqiu-n!; upon the fact that the worst of the winter is over, and that there is every prospect of plenty of feed right through next summer. The restoration of tho numbers of stock in 'North Otago is likely to take a year or two, for there is not much present prospect, of drawing upon tlip south, it liuvinix been found possible this winter to feed them satisfactorily there. Homo have been obtained in the last fortnight in Canterbury. Two and four-tooth ewes are in good demand at 235, at which figure I hree-quarterbreds wore bought oil lutvday, while six and eight-tooth are worth 20s to Bis, and full-mouthed 16s lo 17s. Storo wethers aro somewhat neglected Jit. 15s lo 16s, ajul store lambs at life to 14d; extra good realise 15s. Fats aro in demand, lambs bringing 17a to ltk and wethers 20s lo 225. Fat cattle are searco at 25s lo 26? per lOOib for ox beef, 22s to 2is for heifer beef, and 20s [or cow beef. Slore bullocks are wanted if well bred and well grown, £5 10s to £6 10s being the value of four to five-year-olds. Younger cattle are neglected, and' dairy cows are slower of sale than they have been. Best young cows at profit ale worth up to £7 10s, and fairly good sorts up to £6 10s, SOUTHLAND MARKETS. (From Ocp. Own Coekespondext.) INVERCARGILL, August 1. Though there has been more inquiry in the joctil oat, market during the weel;, principally from the North Island, lio business of any consequence is being done. The f.o.b. price runs out. at 2s 3d, which is equivalent to Is 1Q£(1 on trucks, at country j stations, for 15 grada. There i,s none offering from the country, and the lines held I on storage cannot be purchased at present values. luquiries arc still coming in from Australia, but nothing eo far has resulted. There ii a very general impression that there is now no very great quantity of oats le r t to come down, but tho Bluff stores are pretty well packed, though a fair quantity of the stored oata is already sold for ".forward" delivery. l'rinie quality chaff is still quotcd-at £3 lftj on trucks at country stations, but there is only sufficient offering to keep Joeal requirements filled. i'otatoes aro quoted at from £3 5s lo £3 10s on trucks at country stations. Ihe _ B-h-aop market is extremely firm, ami during the week several northern buyers luivc been operating, principally in owes, which are very scarce, and in. well wocllcd hoggets. Young ewes avo now quoted at from 22s to 255; owe hoggets, 16s to 17s; mixed sex hoggets, 13a to 14s 6d. Wethers have also had a litlic'more inquiry. Good- storo wethers aro selling at from 16fl to lis 6d, while fat wethers pre making from 18s to 2Cs 6d. Butchers' sheep are also hardening, no doubt in consoquoncc of the ficocU iwiween hero- and Duncdin. Beef is quoted at 25s pw 1001b. Prime quality is scarce, and holders aro exceedingly firm in their ideas of value, and aro not likely to deal in the meantime. Good forward-conditioned cattle are making from £6 to £7. I l 'or younjrer cattle thero' has been very little inquiry during tho week, and practically no business lias been done. During the pas! week there has l)ocn a little inquiry (chiefly from London) for "fair" and "good fair" fibre, but (he prk'Os oflerod liavo not been sufficiently tempting to induoe business, and it does not appear likely tliat- much fibre wiil be manufactured until the. market advances sufficiently to e-nablo millers to have somo small margin over and above tho cost of manufacture. Tho present prices leave praeticaby notiiiug for tho "miller, and merchants do not iec j l dispo&Kl to transact their part of tho business without a small profit, so_ that this market is practically at a standstill in the meantime, A lil.lle fibre has boon finding ,[ s Y - ny ; nto t j lo Blnff stores dnrintf the week, but it is mostly of a very darkened apiiearance, which,' of eourse, limits its points for grading and brings it inlo Iho "common" grade. Tho demand for tins class of fibre is no; kstßO 111 tno nwaritimo, and thorn is some difiieully m dtspadng of it. Millers are meetly otanding off manufacturing at the present time, and until a revival. in tho English maikct warrants at, least a little speculation I do not anticipate any volume of business J.here is no inquiry for tow, and I undersluud that very little is hoi'.! in the grading* stores at the Bluff. DUKKOIN HQHSii SALJiYABDS. -Messrs Wright, Stephenson and Co. report as follows:—E'er Saturday's sale wo had a medium entry of mixed hordes. The attc.id--uice of tho public from both town and country -ra-3 good, ami in consequence tho tone ci the market was vt-iy healthy, all our country consignments changing hands uuder tha hsretii-ir at satisfactory pricss. Of the 1 draughts fit ward thc-e vitro none of moixthsn quality, and. the prices realised 1 ware, therefore. not yet, considering! tho class, tiu-y were very wed—viz., up to £37 Ru. A nice order-cars goluing from Well's Fiat found a i,cv.- own at £24. The "SM harness swt, loryraid wae a poor lot, and in this section business was very limited. Most vendors are kse-ptag i-.n.-k t> re ; r surplus horses lor our annual spring sale (which! takes place on August Hi, una rot mir .;y> found young draught geldings aro coming forward lo the weekly auction. We onote: Superior young draught geldings, i:t from £<5 to *50; extra good do (priea-wmner?), at from £S0 jo si\vjeviov young itauK'lit mares, at from £50 to £G(); medium draneht mares and geldings, at from £30 1o JEinf aged do, at from i'lo to £30; well-match'.*! ettvriage pairs, at from £70 to £100; strong, spring-van horses, at from £05 to £31); milk-ccrt and ini.cherV order-curt horses, at from £18 to .£•15; light hacks, at from jES to £13; extra good hacks and harness horses, at from £13 in £25; weedy and good do, at from £5 to OTACIrt FARMERS' IiORSK BAZAAR, ine Otago 1> armors' Co-operativo Association of .Ntw Zealand (Limited) repc;-t:-On ..atnrday last we held our usual weekly hci<"> EiUo at our Horse Bmav. We had 30 horess forward, n?ost oE them being' fouiiiiy snimalp. Consigninonts cam® from I'ukcuri Junrtion' Mosgiol, Allan ton, Henley, and Southland. All tho young horses forwarded met with keen coin-petition, and sold at good values. I no liutubsr of good draught msrus and geldings oit'ercd was limited, but, ihose we lnd sold at wall up to late values, in spit® of tho fact that, the heavy rains and snow have sapped farm work for the present. We olfered a number of very nice spring-cr.rfpts and sold them all at up to m. During tho week- we offered and sold a number of draught marcs and geldings at up to £15. doling farm hurras, broken lo shafts, pound and staunch, are in good demand. We quato • Good useful draught mares and "cldiw's (young and round), from ,{35 lo £45; li-ditcr cor, s and older. £23 to £33; heavy lorry pairs from £80 to £100; useful plough mares and geldmgs, £30 to £40; pedigreo Clj'ilflE?da.]o mares, to £150; good sorts of Clydesdale Uinjes, suitable for stud purposes and general [arm woilt, £10 to £50; carriage pairs, ££0 to -£100; spring-carters (good sorts), from £20 to £32; upstanding buggy marcs and geldings, from £15 to £22; hackneys, from £12 to £15; lighter sorts, from £7 to £12.

SHEEPSKIN SALES. Press Association—By Telegraph—Copyright. LONDON, July 31. At the filioepskin sales 7209 bundles were offered, and 5371 of Australasian sold. There was a good attendance and active compotilion lor merinos, fine grades, full-woollcd. Compared with .Tunc, merino combing and fino crossbred combing? were Jd per lb dearer. All other qualitios were from par to jd clieapcr. Tho nest sales were fixed for Septemter 10.