COMMERCIAL TELEGRAMS. LONDON, March 7.

Otago Witness, Issue 2298, 17 March 1898, Page 14

COMMERCIAL TELEGRAMS. LONDON, March 7.

i 'Iha airivfl-; of vool io c'nt<> a-e 30?,'.CH l-ale-s, 1 of whic.i iViOwrie fo'vv.nd. d ducrt to manufacturing cjutr s, Mid i.'J:;,(>oo hAe-, aie available for the ensuinc s;ile. The I'.nvd nf Ti^de "etiur.H for FpbnmT shnw f.it tie i'iip>rts ucu'ii'dl to ;he vallid o £!,'!7f ■-!)0, ami the rxpoito decreased to the value of £-?'2D,BW, as compared with the fsniie me nth , last j ear. ! March [). I Tlip total qu-ntity of wheat and flour -..Unit for 1 {he United Krij-rVm ] , 3,320 OilO quarters, and for ■ the Continonb 1,5C5-,l'OO qujitei-t. Ita'cjtv -xvd (Jo -, 4 p.-r cuts, I'C. Other in\uotiuent sluues are uualteied. Maich 10. ' At the tallow tales 1425 ca&ks V.are oflexed

and 850 sold. Fine mutton is quoted at 22s j 9J; medium, 20s 6d ; fine beef, 21s ; j medium, 20j. \ March 11. j The Bank of England reserve is £-3,(580,000, i the proportion of reserve to liabilities beiuj? 4335. I Thiee months' bills, 3 per cent. ■ Consols, llli. j Quotations tor colonial stocks :—: — :

Ihe English wh r at lraiket is flit, wbile the i Continental i-j advancing', an, l the American j remains unchanged. CiliforoUn No. 1 milling, 36s ; Russian cirg')*s, b7s 6. London quotations for hard lJuluth, Sugar i= dul : . Java, 11s ; German beat, 9a 3d. Ir. n. *G 3d. i The Bradf -rd wool market is hardening. I At xo-ddv's auctions kauri waa in strong | dfma,n' J ; 3515 c-vses were offered, arid iOO3 solrt. j Three-qutrter 112s to 115s. The stojk now consists of 543 cases. Butter is sow Co!ouitl 104s — a few lots fetched lOtis ; Danish, 106 j to 110;. ( ,'hei &c rlai-. New Zealind, 39^. Rabbits are firmer. Ausw-Alian, lOd, with a foi ward tendency. i March 13. | Mu'tcn. — Crossbred wethers and maiden ! ewes: Canterbury, 3 3-81 per lb; Dun^diu and Southland, 3 1 8d; North Island, 2 , 13 16 J. • i Lamb. — Prime Canterbury, 5"?; a fair average, including Dunedia, Southland, Wellington, and secondary Canterbury, 4|, 5. River Plate cossoreds or merino wetfaert — he*vy, 2|- 1; ligit, 2£- 1. DUNEDIN MARKETS. WHOLESALE PRODUCH REPOUrS. Mr J. Fleming, Princes street south, reports j underdatctheJsthin.se :— I

Kidney potatoes, £5 to £ios, in good demand for good sample. Derwent potatoes £i 5s to £5 5* per toD^ Accoiding to bample. I'AUII AND DAIRY PRODUCE Messrs Trviric 1 rtiid Stevenson, Gsoiee street, report naying for p'oduce during the weekending th ; 15th in &t. as follows :— Bacon (roll), t^d p. lb Fre&h butter, 9d and lid ll am, 7 Jd p. lb p. lb Fresh eggs, Is ?d doz Salt butter, 7d Fre->h butter, good ordinary (.in lib and 5-lb prints). 8d to 9d per lb. B-icoa p-ps, 8§ \, 1301b to 1601b weight. l'owl->. 2* 'o (5 < pair. Ducks, 3s to 3i 6d pair. Geese, 3^ Gd. Tiu-ktys, 5d per lb. EXPORT OF BUTTF.R. New Plyhoi.uh, March 10. Up to date 7-,0"0 packages of butter have been sVupitel fiom tli- lo3*l freezing woiks, being 13,000 in exce -. of the total for the whole of last fe=asua. This is notwithstanding an exceptionally diy teiisou. * THE FROZEN MEAT MARKET. Napier, March 11. Messrs Nelson Bros. (Limited) have lecsnved the fullowiug cabl'siam from the Coloni-d Uon&ignmen'; and Distributing Coinpauv, Ij"iidon, to-day: — "Fioz^n meat market s-hoi-vs signs of improvement owing to a ia - her better demand. Quotations : Best Canterbury muttun, 3} i ; do lMineihn and Southland, 21 1 ; Napier and Noith I&land, CJd and "li; best quality lamb, 5d ; s cjnd do, 42 i." INVERCARGILL GRAIN MARKET. lisvrRCAUGiLL, March 11. Oats.— There is do change in this market, only j .« mall biiiine.s passing. I'iime feed, 2s to 2s OJd ; i onlioaiy, l-i lili \.f.o b , Sacln in). j Birley. — Crop-! in the Lakes distiict are j harvest! tig we!"], and there is a keen demand 1 for unifies '-ainplps Farmers have heeu offered ! 4s to 1-. 3d (on ti ticks up country, '.acltt extia). 1 Rvegras". — The demand is falling off and Ihe maikes is easier. Mill samples, 2i 3d to 2s (H; machir.e-cirej-.ed, Ss to Si, 3d (on tiuckj at luvercargill, sacks extra). WCOL SALE. I Mo=srs "Wnioiir, Stephen son, and Co. lepoit 1 i\r> f' llowh on the lOch lubt. :-—\i our wool ware- ■ hou c e- t'i-u;\y wo ofFereu a catalogue of l'Hi bales, | !a-go iwrabt, 1 (if b. k-s, fad<;j , Ac , including 44 ' b.ile- danncid by lucent liro on bhip Canterbury. ! I'or thib time of year theie v/js at! exceptionally I good attendance 'of buyer-, and competition was I vtry britk for all desiiiptions, being exceedingly I active for all classes of rneiino and fine halfbreds. Priced showed in many instances an advance on those ruling at our last s»le. Several lots of fire and weter-damaged scoured merino were very '} eagev-y competed for, and realised most satisfictoiyfiguies. Gieasy pieces, lock<, and the lower i qiulities did not briiiK such relatively high prices • as the fleece, and values! for these descriptions ahvv/ uo change siucc our fouilh sale.

AMURI SH^EP FAIR. 1 ■ C'HRiSTCHfRCH, March 11. ! At the. Arauri sheep fair at Culverden to-day ) about 120.000 sheep were entered for sale The . attendance of buyers was very large aad mot of j the «hee\> weie sold— in fact, many farmers und ■ graziers w ere unable 1o supply their wants. Good j e-rosVhre i fivczer3 fetcht-d from 9? fid for '.wo- ] tooth maiden (.'wes up to 13s 31 fur prime. Stn'e , wethoix uLo i)>et with ftcod ciimpetilion, aod j 1-unlw and Inecding ewes sold fairly we'l. The whole nf the sheep i-old want dnect to farmets-, grazieis, exporters, or boilurs, and not a line was bought by a dealer. DUNEDIN HORSE SALEYARDS. ] Weekly Report. Messrs Wright, Stephenson, and Co. report as follows :—: — '1 he entries for Saturday's sale comprised only a fc>w tow s and dealer.-.' lots. The attendance of buyers \va- small, and no doubt intending purchisers prtf erred waiting until our speciil sale on Friday tiex;, wh?n they will have the choic; of an exceptionally fine lot of draught, mares and geldings from B'.-'ckstone Hill s-tauon and other districts. Heavy j oung ciraiuht mares aud gel Megs are in gcod dtniuid, and whenever they ar« f jrthcoming there ia no difficulty in p^iciog them at piles that ni!i£C be very yati'-fac."oiy to Spiing wrl^r- an I.1 '. tipt,tinding l.ght har&eas horbff, when showing breeding and quality, cornmind a good deal cf attention and .'fell wel'. On SaiurJa-i next v.-c will offer a or ft of i 2 light harntss horses from ilav.ke's Bty. We quote: Fitst-cli^s young draught nine-3 and geldings, £35 to i; 40;4 0; good do, £-28 to £:« ; medium draught ma-es and gcldicgs, £20 to £25 ; .*\?ed do, £'.2 tv £18; lii.st-class back and light h'ai nf ss h ,r<-e*, £1S to £25 ; good do, £12 to £s7 ; mediuai do, £7 to £i 0 ; aged and infurio.', £2 to £5. SALE OF SHE HP AT OTEK iIKE. Messrs Wright, Stephenson, ami Co (m conjunc'ion with Messrs Weming and Hed'ey} hald a clearing sale on Thutsdav latt nt Oiekaike of smplus stock from- Otekaike, Station Peak, and Benmore s'atious The mtal nuniber of pheep so J was about 27.000. 'iher^ was v very 1 irge titienSance, lutyer-) from ss far north aa Lhiist-cbu-ch and as far south as liwe> cargill being present. Tlie followinff are the particulars of ths Otekaike fcalei :— IOOO full-mouthed merino ewes, at 3i 5'J, to Mr l«. Hairis (Elephant Hill); 993 do, i.t 3s 2d, to Mr James M'tieaa (Watkaii); 1180 full-mputhed mc-rino wethers, at 3s 3', to Mr T. Micailay (for the N.Z and A.L. Compiuy ■ AloeiakO: i-Ucr'^tbred ewes nn<\ vetb"r--, at(33 2!' l, to Mr WiLiam Sntheil.nd ; 50 twe-ttotb m»rin > ■ rams, at 2ks< to Mr W. Grant (Tim.uuj ; 20 do, at | 2.5. to Mr D. M'Leod (Kingston): 5 two-to^th Border Leicester ranis. s.t 10b, to Mr A. MTanes ! (Otiake); 5 do, to Mr (4. Adam.-on, at 7i 6 1 ; the balirce of old rams, for boiling down, sold at Us Cl ; 28 full-mouthed halfbrpd lams, at S; ti Mr Ellis; ]2 s-ix tooth halfbied raws at, 10- (!J, to M.'«<rt D. Reid and Go. ; 7 do, at 9s, to Mr W. 0. M'Ktllar. Ststioi, Pe..k Sheer). — 1000 two-to^th hal"'b ed | ewes, at 5* 2d, to Mr W. O. M'KelUr ; 504 do, at 5s sd, to Mr W. O. MKellir; .".00 fu 1-niouthed halfbred ewe=, at 3^ 10d, to Mr John M'Donald ; 1710 do, at 3s 104, to Mr A. Taonison ; 697 full and b>ok»n-mouthed hiifbied ewes, at 2s 7d. to M«- R. Sutherland (Maerewhenua) ; HCO fullm u h lir.d nurino ewes, at 2s sd, it Mr J<tn.ej M Lean (W.iik-iia) Bdnmort! Sheep —The above sheep were nearly all b:ok.en niouiiied and ii 1-av cindition, and were mostly takon for foiling down .it— for wotheis, 9d to )s Id ; and for t.\Vrs. at Sd all lound. Theie were SIOO wethers at.d fi6oo ewes. A nici line of 394 cro-isbrei Romney ewe« told at 5s Id to 6-! Id; and 28* four-tooth halfbred wethers, at 5s ; 2SB halfbred culls (mixed ages and s' xes), at Is 3d. BURN'SIDE RAM AND EWE FAIR. i The following aie thf entries received up to j Saturday for tbu- Ocago Agricultural and P.ibtor.il Society's annual va-a and ewe fair to be held at Burnside n?xt Thursday :— Stiul r.tms— Border Leicesters 11. TJoniaey H; fl.>ck i\ims— Border Leicesteis '-50, Romney 47, Shrop«hiie<»:j6. Thi-* | mikes a total of 480 as against 10V rccdivtd last j ye'ir, but as entiiea will ha leceivert t -diy the j Totp.l may be iacrea.-ed. The sal^ will start at; I ily.m. With stud s-hecp, and b j c aitiaued with flo f -k-! enic ed in the "1 ew Zealand Fii.ek Hook " Although t 1 c r'umber of cullies ii consideiably less, than in former years, f-tiii all the puucip-.l breeders in Otago and Southland are repre-euted, and purcha=CTS will luve an uppoitunicy of piocurioj; gool strains. Broedeis leco^nib 1 . t'aatif is necos=arv for them to be represented fit those f.nri. but, ov/ug to the unsatisfactory prices obtained in former yar«, and eKewhtrd, now only send forward a iimi'ed r.umber; preferring to deal privately with their fl. ck<. GRAIN AND PRODUCE: REPORT. Messrs Donald Keid and Co leport that pricc-3 ruled as follows at their auc iou sale on Monday :—: — (>i.ts.— We offeied feed lines suitable to the requiiuments of tho^e bujers iv attendance, and cleaied the catalogue at 2s to 2s OJd for good sparrowbills ;Is lOd to Is lid for medium. The pale for new oats is limited owing to the fact that operations are at present somewhat restiicteri. Wheat. -Milling wheat of all sorts continues in strong deinmd. We offered fowl wheat, for which then* is ftool demand, at 3s 3d to 3» Sd per bushel for whole wheat. Potatoes — Iv consequence of the market being rather b^re rompetiti'.n far all on effer was animated Bc-t Dulwotth, £o 5s tj £5 10.= ; kidney?, £5 to £o 7s Od per ton (-acks in-). Otatt.— Only a small supply forward. Good new chaff was quitted afc £'3 15s, and old chaff being very scaice was briskly competed for, and sold at £1 to £4 10= per ton (bags extra) PROPERTY SALES. Messis Jurns Samson and Co renoit hiving sold by auction section 5?, block XXVI, with mx-l-.'OUied house thereon, Casfo stiect, to %'rJoh.u Gracie for £3RO ; also section 31, block XXX, with building the.' r-on, David" street, D.ineni'), to Mrs Millar for £250. 'Ihe folli wiug hotels cliaiifrcd hands : — 'ihj Terminus, HakateramcJi, from Mr Burton Io Mr P. Moloney; Imperial, Oamaru, from Mr 11. Molloy to Mr John Ranger ; the Goldfields, Roxburgh, from Ml- Boyde to Mrßiatisgrove ; the Green Island, from Mr Wilson to Mr Gleesoa ; and the Waterloo, from Mr Barker to Mr Urquhart. — An oculist declares that orAy one pair of eyes in every 15 ace absolutely perfect.

Wli°at per Mi&hei. | perron Bevtmillins 4/2 -4/4 I Oaten hay (50/0 Medium do ... 4/0 | Oatmeal, in 25's 2201Q IVwls' ... 3/3—3/(5 I Oaten chart 60/0—75/0 Milling oats ... 2/1 | Kyegra^ hay 6 i/0-H5/0 ['eed oats ... 1/9— l/ll Straw '-7/9 Malt barley 4/o—4/6 Pearl barley ...340/0 Feed ba^ey 2/9—3/(1 per ctvt Jape uirley ... 4/0 | Onions 6/0 Maize ... ... 3/3 per lb. per ton. Rolled bacon ... 0/rii Blour, inSOO's ... 240/<) bide bacon ... 0/7 Floui . in 5U'3 ... 250/0 ' Smoktd hams ... 0/8 Pollaid 70/0 Oiiee^c ... 0/32—0/ li Bran "... ... «50/0 Guo I salt- nutter, Barley dust ... 70/0. (U to 7d per lb, according to quality.

Variations compared with last week Price. . 4%N.5.W 3J •; NS.W 3 % N.S.W 4 % Yicroiuiri 3i "„ V'ctoiian 3i ?„ South Australian 3 ". South Australian 4 % Queensland 3i % Queensland 4 % New Zetland ... ?ih % New Zealand ... S/^NcwZea'and 31 % 'J'asiiKin uu 3J /; S\ r e=it Austl'^liaa I " i ••■| • "*i £ i 6 118 10 0 105 0 0 !)8 10 0 )!0 5 0 101 0 0 110? 0 0 69 0 0 10S 10 0 104 15 0 115 5 (■ 107 0 0 <W 0 0 10'! 0 0 107 0* 0 30s lower 20s lower 10 s lower I 15s lower ' 20s longer 5a higher 20s lower 70s lower 10s lower ]5s lower 20s lower 20 < lower 70s lower unchang d !