COMMERCIAL.

Otago Daily Times, Issue 14473, 16 March 1909, Page 6

COMMERCIAL.

LONDON MARKETS. Press Association—By Telegraph—Copyright. LONDON, March 14. Frozen Meat: Sheep-Canterburv, light 3jsd, medium 3 7-16 d, lieavv 3" l-16d • Southland, 3Jd; North Island, 3d; hes't brands, 3jd. Lambs-Gintorburv, light sed,5 e d, medium sd. heavy 4Jd; Southland unchanged; North Island, 4 9-16(1. Beef, fores 3id, hinds unchanged. Australian sheep, heavy light 2id; lambs, best brands 5Jd; beef, fores 2Jd, binds unchanged. River Plate slioep. lieavv 2|d light 23d; beef, fores 2 7-16(1, hind? unchanged. _ Hemp: Nominal, owing to Wellington tiro March and May .shipments, £23 6s. Copra: Steady business. South Sea, in bulk for shipment. £17 15s. Copper: Spot, £55 17s 6d; three months, £56 13s 9d; electrolytic. £57. Tin: Spot, £131 15s; three months, unchanged. , Silver, 23 7-16(1 per ounce. Antimony, £8 10s. Rabbits: Snow has stopped the supply of English rabbits, causing the colonials to recover. Large arc retailing at 18s to 20s. Wnilti shares, buyers £8 13s 2d, sellers £8 16s 3d.

LONDON WOOL SALES.

Press Association—By Telegraph-Copyright LONDON, March 14. There was a good sale at top rates, all nations operating freely, the Germans being particularly active and taking the bulk of the merinos. The Petane clip realised S'.d, and the Ilikontngi B£d. Tin; number catalogued to date is 52.322 bales, and the number sold 51,767.

THE HIGH COMMISSIONER'S CABLEGRAM

(Per United Piiess Association.) WELLINGTON, March 15. ' A cable from tho Higii Coinm.'ssrcner, dated March 13. savs: - The mutton market is depressed, is scarcely any demand, and supplies are increasing'. Canterbury, which is offering in moderate quantities, is quoted at 3i]d; North Island. 3d; Australian, 2-UI. Lamb: The market is very dull, the wcathot lately having been unfavourable to the sale of Jamb. This season's Canterbury hmb is quoted at sjd; other than Canterbury, 4jd; Australian, 3£d. The largo supph of home-killed muttcu affects the mark?'. ~ ."

Keef: Tin? market is steady, wrtr, small business doing. Some holders are forcing sale;. The demand is chiefly for high grade unsalted buttor. Choicest New Zenland brands aro quoted at 106s; Danish, 115s; Australian, 103s; Siberia..), 103s; Argentine, 105s. Cheese: The market . remarnr firm. Coloured makes arc quoted at G4s, aim while makes at 60s.

Hemp: The market, closed weak, with a lower tendency in pric's. Current quolations: Good, fair grade, on spot, £&j 10s; fair gra.de, on spot. £21 15s; fair current Manila, on spot, £2:>; Aprll-ou?,b shipments good, fair grade, £23 ss; fair grade, £21 10s; fair current Manila, £22. Last week's Manila output amounted to 23,000 bah*. Wool; The market is lirm, wll.li a;, ward tendency. Bradford tops pie rpioted: 30's low croesbreds, ll£d; W's low crossbred*, Is 0i<l; 44's medium crossbrods, Is 1-Jd; 50's halfbreds, Is sdj 56's quartcrbrcds, Is Sri; 56's quartorbreds, Is 7d; 60's merinos, 2s. The following shipments arrfvoxf from Rivor l'late during the month;—At London. mutton, 159,195 carcases, lamb 12,966; at Liverpool, mutton 111,334, lamb, 26,678; at Mull, nmt.ton 10,210, lamb 8135; at Cardill', mutton 10.463, lamb 2699; at Southampton, million 11.921. lamb <1725; at Newcastle, mutton 8438, la.lib 4000. '

GRAIN. AND PRODUCE SALES,

Mci-srs Dalgoly and Co., Ltd., report a; follows:— Wo held our lteual weekly auction sale of grain and produce at our stores oil Monday, when wo otfwed a 6,nail catalogue lo a po&r attendance of buyers. Competition was slack for all medium quality lines offered, but taking iitlo account private sales a fair clearance of the catalogue was effected. Arabics resulted as under:— Oats.— Harvesting operations ara now in full swing, but as yet offerings of the now crop have been tight. Any arrivals during the wcok have been taken at from Is 4d to Is 4jd per Lushei, ex truck. Blocks of old oafs in stores arc now almost exhausted, and the few lots remaining are being worked oil' in small lines for local eonsumption. Wo quote:—l'riine milling, Is sd; good to heel, feed, Is 4d lo Is 4J.d: inferior to indium, Is 2d to Is per bushel (sacks extra). Wheat.—The roportcd easier tendency of tho London market, toupkd with the fact of mille.s having purchased fair quantities, h::6 caused nninv to withdraw from tho market meantime. Values to-day range from 3s 9d to 3s lOd on trucks, but many growers are now asking 4s on trucks at their stations. Fowl wheat is in short supply locally and is saleable in small lots at from 4s to 4s Id per bushel ex store (sacks extra). l'ota'iocs. —There lias been if anything a liltlo bettor enquiry. 'Arrivals throughout the wcolc have been light. To-day's values are:—l'rime, £3 5s to £3 10s; medium, £2 17s 6d lo £3 2s 6d; inferior, £2 5s upwards (bags in).

Chaff.—ln the ate?nce of an outside' demand, values are again easier. Local buyers are very particular as to quality, and none but the. primcet lines arriving are readily quitted. It is assured that there will ko very heavy offerings in chaff this season, and faking into account ike low prices ruling, wo would strongly urge consignors to keep out damaged sheaves when cutting if they wish quick returns for their consignments. Wo quote:—Prime old, £3 to £3 2s 6d; gcod old, £2 15s to £2 17s 6d; prime new, £2 15s to £?. 17s 6:1; inferior, £2 upwards (bags extra). y

Messrs Donald Roid and Co. report:—We held our weekly auction sale of grain and produce at our stores on Monday. Our calaloguo inchidod nearly all tho lines in demand at pres.jut a:id with fair competition ir.it:-1 of the lots cu otfer found buyers at quotations. Values ruled as under:— Oa.ts. —Samples of the new season's grain are eow coining to baud. Most of those are threshed fro.m stook, and being harvested in favourable weaiher are fairlybright and in good condition. Tho demand lor export is not particularly strong, but good lo prime gaitons and spavrowbills arc readily saleable on arrival! Other sortG such as Danish, black Tartars', etc., have not Ibc faint attention. We quote Prime milling. Is 4id to Is 5rJ; gcod to best feed, Is 1d to Is 4jd; inferior to medium, Is 3d to Is Sid per bushel (sack* extra). AVlioa-l.— I The bulk of the mheat already tbrr.-V.cd is in prime condition and commands Toady sale for direct, consignment. The bulk of Iho Tai»,i grown wheat has boon placed at 2s 9d lo Js lOd per bushel on trucks at country slat ions. In the local ma.rl.Tir stocks arc light and most of tho wheat, offering finds an outlet, as fowl feed at 4r. to 4s lid for whole, and 3s to 3s 9d per bushel for broken awl'damaged wheat. i'otatoes.—Moderate .supplies have been coming forward and values have firmed to some extent. Wo quote:—Best lots ripo and freshly dug, £3 5s to £3 10s; medimn, £2 15s to £3 per toil (bags included). Chaff.—The market is so well supplied will it new sea=cn*6 chaff that price.; chow a slight decline. Buyers 'have a strong preference for prime old cliatf which sells at £3 lo £3 2s 6(1: new chaff in best condition sells at £2 15s to £2 17s 6d; inferior light and medium, £2 to £2 10s per ton (bags extra). Straw.—Wheaten is in short, supply anil is worth 55s per ton, but oaten is plentiful and slow of sale ait from 32s 6d to i'ss (proved).

SALE OF PROPERTY

A considerable number of people were in n'tc-ndanec at Messrs Park, Reynolds, and C'o.'s auction rooms on Saturday when tlttt firm submitted to auction several freehold properties. Allotment 18, Williamstown, Maori Hill, cenlit'ining 1 rood, more or less, liaving a frontage of 66ft to Henry street by a d'lpth of 165 ft, with dwelling thereon, wits first offered, and after brisk compstition was knocked down to Mr Skinner at £300. A compact little property in fitversham and a' delightful place comprising over 2 acres of ground with fydendid eight-roomed residence in Kcw were passed in, and are now for eale by private treaty.

[Tlie individual reports of stock agents, wool, rahbiUkin, or grain brokers can be inserted in the Daily Times and Otago Witness at special rates.] CENTRAL PRODUCE MART (LTD.). Reilly, Scott, and Gill, proprietors, report for week ending Saturday, 13th inPt.: —Fruity Apricots aro almost ov;r, and, considering the quality, fair prices have been obtained. Dessert and cooking apples have met good inquiry. Peaches and [loar.s Slave been in fair supply, some choice fruit coming forward, for which gcod values have been obtained. Grapes were short of requirements and higher prices available. Suva bananas came forw.-nvl in good order, and sold at hii*h prices. Tomatoes come to hand freclv, and lower prices Have to be nccc.pt.Kl. Rarotonga oranges are expected on Thursday, and should realise 10s to 12s per double cases. Potatoes have been in short supply, and the market has firmed in consequence. Eggs have been in better d?ma<nd at slightly advanced prices, tho market closing firm. A cgetablcH are now readily saleable. Poultry aro short of requirements. At our u.iual Wednesday sale we cleared all our consignment under the hammer ot- an advance of 3d per head. Good bacon pigs have gcod inquiry. Butter is moving steadily, and the market has a better tone" We give below actual prices obtained for our consignors:—Apples: Dessert, 2d, 2|d, and 2£d; cookers, ljil, and lfd; small and inferior, Jd to Id. Plums: Choice des. sert, 2d, 2id, 2£d, 3d, and 3^d; jam, Id, lid, and Ud. Apricots: Dessert, and 3d; small, ljd, lid, ami 2d. Peaches: Dessert, 2;] d, 3d, 3|d, and 4d; jam, l-Jd to 2d. Nectarines: Dessert, 2?d to 3d; jam, ljd to 2jd. I.ocal, 8(1, BJd, 9d, and Is: Australian, sd, 6(1, to 6Jd; Oamarus, 7LI. Tomato:*: Local, 5d to M; C'hri.-kluirch, 2Jd, 3d, lo £it: Auckland and Nelson, 2d. Green peas, l{d to l£d. Bananas: Ripe, 2J<l. Pears: Dessert, 2Jd to 3d; cooking, l J 2 d to 2d. Blackberries, 4Jd to 6d. Quinces, IJd, 2d, and 2|d! Walnuts, 4Jd to sd; Barcelona nuts, id; peanuts, 2Jd to 3d; Brazil, Bd. Figs, 3d, ojil, 3pd, to 3Jd and sd. Pigs, 4d, 4jd, and 3d. Bacon, 6H 7d, and 7Jd. Hams, ?id to 8-1. Buiter, 7d, and Bd, 9d and lOd. Cheese, 6id, and 6|d. lTqncy, 4d to 4Jd. Beeswax, Is 4d. Horsehair, Is 7d per lb. Eggs: Better demand. Case eggs, Is 3d; stamped and guaranteed in patent crates. Is \l. Cucumbers, 2s 6d to 4s 6d. Tinne<l pines, 4s to 4s 6d. Dates, 3s 6d to 4s 6d l>:r dozen. Lemons, 10s to 12s 6d. Green Bananas, 12s 6d per case. l'otsito:s: Oamarus, 3s 6d to 3s 9d; Peninsulas, 3s Qd to 4s. Oat chaff, 3s 31 to 3s 6d. Onions: Melbourne, 8s" 6cl; Cliristehurch, £5 15s to £6. Fat., 17s, 18s, ami 19s p3r cwt. Wheat, 3s 6d, 3s 9d, 4s, 4s 3d, and 4s Cxi. Oa'.s Is 4d to Is 7d per bushel. Cabbage, Is, od. Cauliflowers, Is 3d to 2s 3d. .Marrows, 4s 6d, ss, and 5s 61 per sack. Poultry: Gcod birds are in strong demand. Prime cockerels, 3s 6d, 4s, 4s 6d, and ss; small and inferior, Is 6d, 2s, 2s fcd, and 3s; prime liens, 3s td to 4s; small and inferior, 2s, 2s 6d, and 3s; ducks, 2s 6d, 3s, 3s sd, and 4s: old cocks,

2i: pullets, 5s and 6v; gee«e, 4s, 4s 6d, and 4s 8d; turkey gobblers, 12s. 12s 6d, and 15s; turkey hens, fa and 73—a1l are at per pair. Correspondence and consignments respectfully solicited.—Reilly, Scott, and Gill, • auctioneers. .. I