COMMERCIAL.

Otago Daily Times, Issue 14715, 24 December 1909, Page 6

COMMERCIAL.

LONDON MARKETS.' Press Association-By Telegraph—Copyright LONDON; December 22. Wheat.—The market is quieter, owl there is less demand for cargoes. Sellers of Australian now crop, December and January steamers, are asking 40s, sailers 59s Copper.—Spot, £60 Is 3d. Tin-Spot, £154 ss; three months, £155 10s. kiul, £13 Is 3d. ... • ■ Pig iron, £5 ss. Silver. 24s 13-166: per m.. .. At the tallow soles 672' casks were offered and 308 said at late rates. Stocks and shares are unchanged. LONDON MARKETS. Press Association—Bv Telegraph—Copyright. LONDON, December 23. (Received Dee. 23, at 11.30 p.m.) Copper.—Spot, £60 ss; time months, £61 18s 9d. Tin.—Spot, £153 7s sd; three months, £154 ss. L:ad, £13 16s 3d. The American visible., simply of wheat is i 53,731,030 bushels. • ' " ' oAUSTRALIAN MARKETS. Press Association—By Telegraph—Copyright. SYDNEY, December 23. (Received -Dec. 23, at 11.30 p.m.) Wheat, 4a Id. Flour, £11. Oats; Algerian feeding, 2s; white, 2s 5d to 2s 6d. Barley: Cape, 2s lOd to 3s. Maize, 4s Id io 4s 2d. Bran. £4 10s. Pollard, £5. Pot-aloes, £4 10s to £6. Onions: Victorian £5 lSs.ito £6. Butler, 955; seconds, 91s. Cheese, 6d. Bacon. B{<l. MELBOURNE, December 23. Wheal, 4s 2d. Flour, £10 16s. Oats: Feeding, Is 7d to la 1C<1; prime milling, Is- lid. Barley: .Malting, 2s 8d to 2s 9d. Maize, £3 ss. Bran. £4 10s. Pollard, £5 15s. Potatoes: New, £4 ss. .Hour. £10. ADELAIDE, December 23. Wheat. 4s ljd. Flour, £10. Bran, Is Id. Pollard, Is 2d. <*■• THE FROZEN MEAT MARKET. (I'M Uhitkd P«ess Association-.) mi r, r, , NAl> ™. December 23. the t.C. and D. Conmanv (Lid.). London, cable the following report on the frozen meat, market:—Tiiorc" is a slight improvement in the dcmantl for lamb, but otherwise tho market is unchanged. Today's prices :-!IuUon: Canterbury, 4d; Napier, Wellington, and North Island'. Sid; lamb-lirst- quality 4d. second 3 s d; beefhinds 3 l-3rd, fores 2Jd. «, . HIDE SALES. Press Association-;- By Telegraph-Copyright MELBOURNE, December 23. At the hides sale tho supply was moderate. Medium weights wore unsteady, and others iirm. There will be no sales next week. .Messrs Wright, Stephenson, and Co. rel»rt as follows:—Wo held' our sale on Wednesday, 22nd inst.. when we offered a catalogue of 645 hides to a representative gathering of buyer*. Bidding veils exceptionally brisk throughout our entire sale, and the average prices realised were exceptionally good. We had not a suVIo prime stout hide in the lot. but the average quality was fairl>- good, as the individual sales he-rounder will show. Our top pneo for ox hides was 535, and our top price for cow hides was 41s Id. Calfjkjns met a hrisk demand at, m> to 9d nor lb. We give a few of our individual sales as under :-Ox: Three at 7ld per lb four at 73d. 20 at 7 B d. 165 at 7'd, 64 at 7Jd, 94 at 7Jd. 25 at 7 B <l. two at 7d. Cows: Oho at 7 a d, 42 at 7rf. 75 at 6Jd. 17 at 6'"! d, two at 6§il, two nt. 6Jd. Somo of our gross averages work oul as under:-Ox: One at 535, ono at 47s Bd. one at 455. three at 43s Bd, three at 42s 9d, ono at 41s Id, sjx at 40s. three at 38s 7d; also a very largo numbor at from 30s to 37s 6d cacli. We quote: Ox: Extra stout prime heavv at 8d to BJd, heavy at 7Jd to 7Jd, medium at 7c? to 7{d, light at 6J<! to 7d. Cow: Heavy at 6Jd to 7J<l, medium at 6jd to 7d. light at 6jd to 6sd, yearling at 5d to 6d. Calfskins at 4id to 9 e d, according to weights and condition. Stag and bull from 4jd to 4J(I, horso hides 5s to 12s. slippy and damaged hides at considerably less money. • o PARAPARA IRON' COMPANY. JPnit Uxrricn Pbf.ss Assocutiok.J OHRISTOHUjRCII. December 23. At a recently-held meet-ins of tho shareholders of the Parapara Iron Ore Qomganj

(Lid.) it was decided Hint. Mr R.. Ohaws Morris, of Wellington, and Professor James Park, Dunedin, \k empowered to float Jho company in England or elsewhere. It" is intended to make the eapiLr.l of tlio company large enough lo put the industry on a thoroughly commercial basis.

SALK OF FARM AT WAITATI. Messrs Alex. Harris and Co., auctioneers, report having sakl Mr Walter Park's freehold farm at Waitati. The land comprised alkjul 150 acres, and the improvements consisted of six-roomed dwelling, etc. The stock and crops were also >oid, and the purchaser was Mr Stewart, who lakes possession shortly after the new year. CLEARING SALE. Messrs Wright, Stephenson, and Co. report having held a most successful clearing sale at Momona on Tuesday, 21st inst., on account of Mr Thomas Clark, whose farm thoy recently sold. The attendance of buyers being good, everything sold exceedingly well. The cows were in splendid order, anil brought up to £10 7s 6d. llorscs, plant, and furniture also sold at I full market rates. PROPERTY SALE. Messrs Aler. Harris and Co.,'..auctioneers, submitted at auction on Monday a freehold property in South Duncdin. The sale was on account of the executors in the ostato of tlifi late Mrs Elizabeth Hughes, and the projwrty comprised an allotment in Rankeilor, together . with a six-roomed dwelling, etc., thereon. The proncrty was oliercd on the premises, and Mr Dell be-' came the purchaser at £400. The furniture and effects were afterwards sold at satisfactory prices.