COMMERCIAL.

Otago Daily Times, Issue 14700, 7 December 1909, Page 6

COMMERCIAL.

LONDON- MARKETS.

I'rcja Association—Bv 'JVioijmpU—Copyright. LONDON, December 5. Frozen Meat.—Sheep: Canterbury, light 111, medium 4cl, heavy 3^(1; Southland 3 13-16(1; North Island, 33d; best brands, 3 13-16(1. Lambs: Canterbury, light- 4d, medium Sftl; Southland. 3 11-16(1; North Island, ajd; sclectcd. 3 11-16 d. Beef; Fores 2 13-16 d. hind; 3 1-8(1. Australian: Sheep, heavy: 2jjd. light 3d; lambs, best brands 3 15-16(1. fair quality 3jjd. inferior quality 34<1; beef, fores 2|d hinds 3d. River Plato: Slice)) heavy 3^(1; beef tores 2Jd, hinds 3 l-8d; lambs 3 15-16 d. Rabbits; Qttiot. Largo Sydney (ex store). 16d. English are cheap and plentiful, butlittle is bring done. llur«: Sydney (nominally). 2s lOd (o 3s. Holders arc linn, wilh a view probably to a shoriacc of English at Chr:stiua.s. llidrs; Neglected. Nominal priee|t— Queensland, heavy ox 7J<l, light ox 7 1-od, cow 6jd, but little business. I ('alitor.—First Wellington lid. ' Basils declined £d to Id.

OAMARU MARKETS. (From Oat Own ComsroxDOT.)

OAMARU, December 6. The market continues lifeless, and. judged by appearances, there is no hope of a change until tin new season opens. Milleis appear to bo well .stocked and most of them will have sullicieiu to carry them over even for miNing purpo-'cw when tho new wheat eonics on the market. The harvest, promises to be somewhat later than usual, as the growth has been abundant, and crop- promise to he exceptionally heavy, so that it- ie probable that, the grain will not mature as oarlv as usual. There hat? been a fair amount of outsido inquiry during the week for velvet, out- very littlo ie

offering. ]miaul, ovnry succcs--ivo wo.'*!; now further confirms the opinion that- the siocks in the district have been depleted. Quotatoris remain tlio faint 1 as la.rt week.

Ti» out, market is in much the samo condition as tlio wheat market—fair inquiry hut little offering. A somou-hat tendency prevails, however, for (lie reason Hurt difficulty is being experienced in procuring fr«ii»!it for London. There is little doubt that the wonderful season 1 lint is prevailing everywhere in materially affecting the marker. Prices are as lae-t quoted.

As with wheat and oats, so with barley. I'li-inc-.-:.-; could undoubtedly bo done at lato quotations if llic.ro were any offering. The market for old potatoes is now quite exhausted. In the cour.se of a few weeks the new crops will be on the market in fairly large quantities. At the present time such business as is being done in new potatoes is confined altogether to the retail trade.

SALE OF KERIKERI ESTATE.

(From Our. Own Cohmspoxdent.) AUCKLAND, December 6. Locnl auctioneers report the sale on Saturday last of the well-known Kcrikcri Estate, Bay of Islands, the property of Mr T. C. Williams, together with stock and plant. The area is 8413 acres, with 7000 sheep, 250 head of cattle, and CO horses. Tho prico asked for the -property (between £20,003 and £25,0C0| was obtained for it.

GRAIN AND PRODUCE SALES.

Messrs Dalgely and Co. report as follows:—We held our usual weekly auction sale of grain and produce at our stores on Monday, when we offered a comprehensive catalogue to a good attendance of buyers. Competition was keen for all except potatoes, prices of which showed a decline of over £1 on las-t week's quotations. We cloa-ied our cataloguo at prices ranging as under :—

Oatoi.—Offerings arc light, and stores aro being gradually cleared out to lill the few shipping orders front the north. Scarcity of freight, offering prevents buyers operating for Homo .shipment. Trices range, on a par with hist, week's quotations: Primo milling Cartons, Is 9d to Is 10d; prune milling Sparrowbills, 1-s 3id to Is good in best feed, Is 7d to Is oid; inferior and indium, Is 4d to Is 6d "per bushel (sacks extra). Wheat.—Tho market, is practically unchanged since our last- report. Prime ,-elvet niceis with most inquiry, and other sorts are taken at ruling rates: Prime milling', 'Is 4d to 4s sd;choioo velvet, to 4s 6d; medium -to good, 4s-to 4s 2d; best wholo fowl wheat, 3s lOd to 4s Id; inferior and sniutled 2s 6d to 3j 6d per bushel (s; lC ks extra).

Potatoes.—Market for old potatoes, on account, of large offerings of n<«v, has slumped, and prices show a big decline oil hile rate. Anything; soft and not in the bast of condition is hard to place, and inferior are unsaleable. Prime freshly picked, £2 15s to £3; medium, ,£l log to £2 5s per ton (sacks in). Chali.—Ollerings liava been fairly heavy Hus last week, and consumers hold fair Kioeks. Any really bright, heavy, and well cut oaten sheaf mesTs with ready ealo. but meilni" l has less inquiry. Best oaten sheaf, vt o t. ' mwllLlm to S<")d, ±!2 2s 6d to j J,® 6(1; ,nfcrior a "d discoloured, £1 15s o ' ll ' r ' <>n extra). Straw.—Oaton, 1 27s 6d; wheaten, SOs to ods 6d per ton, pressed.

Messrs Donald lieis~ajul Co', report:—We bold our weekly auction ealc of grain and piouuee at our stores on Monday. To a t.ur attendance of buyers wo submitted a representative 'catalogue of all lines of pio--1 S'rMin V • i° , <sx . < ®l ,tion of potatoes, b.ddmg was fairly brisk, and most of the ,T,°"vT Cr "'T , (|uittol at satisfactory piic<.i. \ alues ruled as under*— 00-ts.—During tho past, week consignmen « have cased considerably, and us stocks ill store are now light, shipper* have some difficulty in filling their orders. The dc««lld, however, is not keen, and prices show no change on rhoso ruling a week b«t «II td "ol''W W C ' U n : i PI " ,lc millins ' ls 8i(1 to U lud, good to best feed, Is 7d to Is bii.shol 'ox)'. Un 1 ' ls 4(1 f ° MP« tj.iY' " ll "'^ cfc is Inn at late tiuoSTVt medium to good. -Is Id to 4s 3d- bUJob iswfrssu'Sflftr toe. are also offering moW.th * Wf' io £2"ss; £1 ton (sacks included) to £2 ' Kr during'^th« a w C oi UPP fe ~a| 'o fonvar(l ju-p^t« v-itf, !' , o: 'J y c hoice nualil.v coloured samples aro^Madft> mI inferior is fllnio-t mml 11 °vu ' Prime,

t n „ COUNT RY SALES.

WBmm RMfß'fcS t'TtifvsSsri ncra School Commissioners' leas" o 1). H. Gunn. At Mr Barron's ckarin,' It ml I f , !' lemonts ' slloC l'' nnd I>ol-SOS sold 1,,, " { a "j prices. On account of Mr J.honias Andrew, Ins blacksmith's shop m Whel-in™ \MIl"'?' I '' t0 • Mr Thomas I At Ili6 sale by auction 011 Fridav W everything Brought splendid prices, hicf ai" o, i{r.it which were engine anil boiler fW f! .'LJ 33 ' Stwln £62, lathe £87, and 650 other lois nt siilnn. did prices to a very largo attendance of buyers from as fur iilickl as Alexandra south and Dtinedm.