COMMERCIAL

Otago Witness, Issue 2263, 15 July 1897, Page 30

COMMERCIAL

We have to report the private sale of Mr Robt. Gawn's (of Deer Park) Clydesdale stallion Quality King, to-Mr James Giant, of Hawer*, at a satisfactory figure. Quality King- is by Lion King, out of Queen of Quality, aud is now rising three years old, and holds a splendid record in the show ring. It is worthy of note that the progeny of his sire and dam were both placed fhst at the last Dunedin show ; and at the East Taieri show, the same year, Queen of Quality secured first prize for mare and progeny. Thu purchasei-, who is an old resident of the Taieri district, is to be complimented on securing such a valuable Clydesdale stallion, and breeders in his district will appreciate Mr Grant's efforts, towards the improvement of stock by importing such" a strain into the district. The National Mortgage and Agency Company (Limited) yesterday received cable' advice that for mutton the market is steady, arfd that the market for lamb' is decidedly weak«r, with a tendency downwards . Messrs W. Weddel and Co., in their report dated the 21st of May, say:— "There is almoat perfect stagnation in the Australian and New Zealand butler market, and unless a Budden revival of business occurs the butter which has

arrived this week from Australia by the Woolloomooloo, the Ophir, and the Gulf of Bothnia, will have to go into cold store until September when the new season begins. Agents are already »toring fair quantities, for the long interval that elapsed after the arrival of the China did more harm to the trade than was at first anticipated, and sales have been almost impossible to make as buyers were deeply committed to purchase in Continental and Irish varieties. Price 3 are consequently almost nominal. Really choicest Victorian is offered at 88s, and selleis are willing to accept 86s rather than to allow a buyer to go away. This state of the collapse of the market is not due to 'the fall in Danish and the increased Home production half so much as to the disastrous arrangements whereby supplies of Australian butter were suspended for a mouth al i ost at the close of the season. Virtually the non-arrival of supplies compulsory c'.osed the season. To-day there is i not a box of butter afloat between Australia and ! the United Kingdom, while only about 140 tons are afloat from New Zealand, of which 90 tons , are due to arrive to-morrow. The Australasian butter season of 1896 and 1897 is therefore over, and as Australia is 6uffciing from the worst t drought that has occurred for 30 years it seems [ very probable that the new season will open later ! than usual." Messrs Dalgety and Co. report : — In conjunction with Mr W. Quin, of Tapanui, we have sold , privately the following farms on the Brooksdale estate, near Tapanui, it satisfactory p; ices :—: — 1 Sections 2 and 3, block 111, Crookston, 188 1 lr sp, : to Mr Chailes M'Donald ; sections 8 and 9, bio, k 111, Crookston, 18Sa 2r 2», to Mr John G. Sutkerland ; sections 32 and 33, block 111, Crookston, ■ 166 a3r Sp, to Mr Andrew Sim ; sections 34 and 35, block 111, Crookston, 249 a3r 35p, to Mr Duncan M'Rae; sections 24 and 31, block I, Green vale, , 144 aOr 26p, to Mr Neil M'Donald. And buyers are now treating for other ? ections. \ AUSTRALIAN COMMERCIAL. Sydney, July 14. Wheat : Cbick, 3s 3d to 3s 4d ; milling, local, 4s od to 4s lid. Flour : Californian, £10 10s to £11 ; local, £12 to £12 10s. Oats : Feeding, local prime, 2* 3H to 2* 4d ; New Zealand prime, 2s 5d to 2s 6d ; medium, 2s 4d : seeding. 2s 6d to 2s Bd. Ma-ze, 2s 4d to 2s sd. Barley: Cape, 3s 4d. Peas : Prussian blue, ss. Pollard, Bd. Kran. 9Jd ; New Zealand, 9d. Potatoes : Circular Heads. £3 10s to £3 15s ; New Z-aland, £3. Onions : Victorian, £6 to £6 10s ; New Zealand prime, £8. Butter : Factory, lOd to Is ; local, Is Id to Is l£d. Cheope : New Zealand, 5d to 5Jd. Bacon, 5d to b'd. Hams : New Zealand, 90. Melbourne, July 14. Wheat, more inquiry, 5s lOd to 5s lid. Oats : Algeriai), 2s to 2s 3d ; stout white, 2s 2d to 2s sd. Maize, 2s 7d to 2s 9d. Barley : Cape, 2a 8d to 2s lOd ; malting, 4s 5d to 4s 6d. Bran and . pollard, lid. Potatoes, £2 10s to £2 15s. Onions, 1 £7 to £7 53. I Adelaide, July 14. ! Wheat, 5s 2d to 5s 3d. Flour, £13 s*. Oats : • Dun, 3s to ?,s 3 \ ; Algerian and {.tout white, 3s 6d. Barley: Cape, 33 9,{ to 4s ; malting, 4a 9i to 5s 3d. I Brau, Is 4d. Pollard, Is 3d. ADDINGTON STOCK MARKET. (Per United Press association.) Christchurch, July 14. I At Addington there were medium entries of stock of all classes except fat sheep, which at this time of the year form the chief feature of market. The attendance was large and business fairly brisk. Tho entries comprised 9952 sheep and lambs, 212 cattle, and 282 pigs. The entry of fat cattle was smaller than for soma time, numbering only 157 ; 50 were dealt with privately. There were rather more good steers than usual, but the heifers were mostly Hsbt weights. The bidding was slightly brisker, and the sale showed mo « life thau for some time, neatly every line oeing cleared, but no actual advance in prices can be recorded. Best beef brought lb's to 17s 6d pei 1001b ; medium, and mixed sort?, 12s b'd to 15s. The pi ices per head were :— For steers, £5 to £S 7s tid ; heifers, £3 12s 6d to £5 17s 6d ; and cows, £3 5s to £6 10s. Fat .Sheep. —Another large eht»y came to hand, including some very nice lines of freezing sheep. Freezing wethers and guaranteed tinkled ewes sold exceedingly wel', considering that the factoiies are almost blocked for want ot shipping space, but any ewes showing a suspicion of flushing, were not in demand. Bsst butchers' ewea kept up their price, but secondary sorts were only prevented from a feig drop through the presence of a West Coast buyer, who operated freely. Best freezing wetheis brought from 15s to 17s 7d ; roe Jiurn wethers and maiden ewes, 12s 6d to 15a 6d ; butchers' best ewes, lls to 12s lOd ; medium do, 8s to 10s ; infeiior, 6s to 7s 6d. A few peus of hogget* came forward, and were taken for butchers' purposes at from 9s to lls Id. A medium yarding of pigs contained some very good quality fats, which met with a keen demancl-r-baconers and porkers averaging 3Jd per lb and selling up to 4d.