COMMERCIAL.

Otago Daily Times, Issue 16121, 9 July 1914, Page 6

COMMERCIAL.

LONDON MARKETS. Press Associatidn—By Telegraph—Copyright. LONDON, July 7. Silver. 25 15-16 d per ounce. Consols, £75 17s 6d ■*■ LONDON WHEAT MARKET. Pr«M Aiiocitttion —By Ti-Wranh—Cnnfrlrh* LONDON, July 8. (Received July 8. at 9.20 p.m.) Tho wheat market is steadv, but quiet. Visible supply, 31,285,030 quarters.

LONDON METAL MARKETS. Prm> Awocittion—By T»Wr»t>h—Coprrieht LONDON. July 8. (Received Julv 8. at 9.20 p.m.) Copper.—Spot, £62 6s 3d; threo months, £62 12s 6d; olectrolvtio. £64 Es. Tin.---Spot, £144 15s; three months, £146 ss. Load, £19 6s 3d. m THE MEAT MARKET. Messrs A. H. Turnbuil and Co. (repre- <■ »ii-i'i<' .Messrs W. Woddel n<;d Co., London) havo received the following advice of shipments to tho United, Kingdom:—Argentine: 5560 quarters frozen beef, 65.000 quarters chilled beef. 16,000 carcases mutton. 16,000 carcases lamb.

CLYDKVALK SALE. The Dunedin .Stock Agents held their monthly sal!) at Clydev-alo on Friday. This sale promises in lie a popular fixture. There WU6 again a very b:g yarding of stock and a lull attendance of buyers. Lambs did, not sell (piito as well as last, month, but prices for wethers a.nd owes were, '.( anything, u shade better. Messrs Wright, hieplionsou, and Co. sold as follows: 157 lambs at ■19s 6d, 141 do at 18s Bd, 74 lambs at 18s Id, 154 do at 18s. 84 do at 17s 7d, 24 do at 14s Dd. 36 fat ewes at 21s 9d, 30 do at 20s 6d. 19 do at 17s. 19 fat wethers at 20s, 3 bullocks at £9 14s, 1 do at £9 15s, 1 fat cow at. £7 ss.—ThoOlago Farmers' Co-opera-tive Association: 200 ewe lambs at 17s 7d, 150 wether lambs at 15* sd, 200 do at lfw, 40 wethers at 22s 6il, 40 owes at 16s, 65 fat lambs at 17s 3d, 80 lambs at lis 6d. Dalgety and Co.: 228 lambs at. 18s 6d, 28 do at'lßs, 55 do at 17s 3d, 70 do at 13s 6<l. The, National Mortgage lin & Agency .Company: 93 ewe hoggets at 17s 9d, 55 do at 17s ild, 74 fat lambs at 18s, 32 do at 17s. 33 do at 18s 3d. 33 do at 13s, 3 do at 23s 6d,, 48 do at 19s 9d, 105 fat wethers at 2?,.s lid, 104 wether lambs at 16s, 124 do at 15s lid. 20 four, six. and eight-tooth owes at 245. 29 fat ewes at 17s 6d, 175 aged ewes at 6s lid. 70 do at 10s lid, 5 forward, bullocks at £8 17s, 4 do at £7. ______o GRAIN AND PRODUCE REPORT. Tho Otago Farmers' Co-operative Association reports as follows for the week ended July B:—Wheat: Very few samples are now coming to hand from tho south, the bulk of the lines having been sold. There ore still large quantities offering from Canterbury, which keep the market well supplied. * Fowl wheat is in short supply, and meets with ready sale at quotations. Prime milling velvet, 4s 2d to 4s 3d; Tuscan and red wheats, 3s 6d to 3s Sd per bushel (sacks extra). Chaff: Consignments have been coming freely, which keep the market well supplied. There is a better demand for inferior chaff, which is moving off slowly at quotations. Best oaten sheaf, £3 to £3 ss; choice black oat to £3 10s; medium to good, £2 15s to £3 ss; inferior and straw chaff, from £2 10s. Oats: During tho last week several thousand sacks of oats have been shipped to the Old Country, but only ohoico extra heavy lines. Good clean lines of duns, short black Tartars, and long Tartars are in demand. Prime milling Gartons to Is 10id per bushel; good to best feed, Is 9d to Is lOd (sacks extra). Potatoes: Consignments have slackened, and, there is a better demand for choice 'ines, but tho market is well supplied with medium and inferior, which are difficult to quit. Choice freshly-picked lots arc worth to £4 10s per ton. but medium and inferior soil from £3 to £3 15s per ton (sacks included). Straw: There is a good demand for both oaten and wheaten. which sol]: Wheaten, £1 12s 6d; oaten, £2 per ton (ex truck).

/ SHEEPSKIN AND HIDE SALE REPORT. Messrs Wright, Stephenson, and Co. report as follows: —We held a most successful sale of sheepskins on account of Dunedin butchers at Burnsido yesterday, when wo offered a catalogue of close on 3000 skins. Tho condition of tho skins was all that could bo desired, and together with the classing, which wo may say was in hands of exports, gave the buyers that confidence which enabled them to bid right up to rho Inst fraction of the value of the skii!3. Prices paid right through were from id to id per lb above values obtained at the Dunedin auctions last Tuesday. The top price paid was S|cl ner lb for three choice lots of halfbrcds, while in fine crossbreds wo obtained 9|d to 9Jd for several lines. Lambskins realised up to 9d per lb, which is tho highest price paid hero for some time. Out of the total offering of 3000 skins wo sold only 584 skins at under 9d per lb. It will bo of interest to quote some of our principal sales: 75 suner halfbreds, SJd; 48 suner halfbrcds, 9£d; 57 halfbred", 9Jd; 60 halfbrcds, 9gd; 10 halfbrcds (average 141b), G|d; 76 fine crossbreds, 9gd; 75 fine crossbreds, 9>U3; 100 fine crossbreds, 9j>d; 150 lino crossbreds, 9|d; 150 fine crossbreds, 9|d; 150 crossbreds, 9fd; 150 crossbreds, did; 145 crossbreds, 9§d; 75 crossbreds, 9|d; 65 crossbreds, • 9fd; 120 crossbreds, 9id; 56 crossbreds, 9id; 75 threc-quarterbreds. 9,Jd; 150 .three-quarter-hreds, 9id; 120 three-quarterbreds, 9Ad; 41 fine crossbred iambs, 9d; 58 crossbred lambs, B|d. We quote: Best halfbrcds. 9ld to %d ; medium, 9M to 9Jd; best fine crossbreds, 9ad to 9|d; best crossbreds, 9|cl to medium, 9id to 9jjd; best threo■quartorbreds, to 9jd; medium, Bgd to 9^d; best lambs, to 9d; medium, Bid to B:jd. iTho auction of hides was hold immediately after tho skin sale. There was the usual attendance of buyers, but. competition was not quito so keen ns of late. Prices for medium to light-weight ox and cow hides >vcro firm at previous sales' rates, but stout heavy ox were from id to id per lb easier. The hides usually contain a fair quantity of moisture at this period of the year, and tho slight, decline in prices is more than made up in trie extra weight of the hide. Quotations: Extra stout heavy ox (none on offer): stout heavy ox, to BJd ; medium, B£d to B|d; light, Bid' to 8-id; stout heavy cows, to Bid; medium, Bid to F-'.d- light,' Bid to Bsd; yearlings, Tid to BAd.