COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 2929, 4 May 1910, Page 21

COMMERCIAL CABLEGRAMS.

LONDON. April 27 At the tallow sales 805 casks were offered and 560 sold. Prices were unchanged. The American visible wheat supply is 52,094,000 bushels. April 30. The Bank of Eng-land returns show the stock of gold coin and bullion to be £31,570.000; reserve, £26.355,000; proportion of reserve to liabilities, 50.70. The notes in circulation total £28,236,000;

piblic deposits, £8,441,000; other deposits, £•43,508,000; Government securities, £13,819,000; other securities, £29,527,000. The bank rate of discount is 4 per cent. Short loans are discounted at 3J per cent., and three months' bills at 3 B per cent, j Consols are quoted at £Bl 2s od. _ s?he following are the quotations for cclonial Government stocks, compared with those ruling a week previous--;2Ap1.29.

Wheat: The markets are flat and weak owing to the absence of demand and the improved crop prospects in Europe and America.. Buyers are only filling their immediate requirements. Holders are asking 37s 3d for sailers in January, tel> ruarv and March, also for steamer parcels afloat. Chicago May wheat, 106£ cents to 107| cents. • Flour: Lifeless. Australian patent was vainly offered at Glasgow at 28s 9d to 29a landed, terms. Oats: Steady. La Plata, May and June. 13s Butter: Steadily declining. Danish 115 a to 117 s; Australian, choicest 106 s to IUBs, secondaries 102 s to 104 s; Ne%y Zealand, choicest 108 s to 112 s, secondaries 104 s to :" Dull. New Zealand, coloured 58s 6d to 595, white 59s 6d to eOs; Canadian, 62s to 655. ■ . Cooper: Spot, £56 Is 3d. Tin. Spot, £150; three rmonths, ±isl 2s 6d. , '• Lead. £l2 12s 6dPig iron, £2 IDs 4d. . Silver 24 13-l6d per ounce. lusaV: G*rman, 14s 4d; first marks, 16 H?mp.-The market is dull and prices an "Rabbltf-Verv duH, Many recent arrivals being in bad condition, were; condemned. The underwriters are making ;• heavy allowance. A few Rood WW «• selling at about 14s in store, and others at 13 Butter.-The trade welcomes tralian Customs rwommendation that th. limit of moisture butter should be 14 ner cent, especially after the tione, which are regarded as a great hardshin to innocent importers. light, 4d; "fJW 3ld; Southland, not quoted; North Island, 3fd; best brands. 3i?d. o„„+K e Lamb.-Canterbury. light 5 5-1 M ; Sot thland. sd; North IrfamL 4id: selected. sd. Bee f_Fores. 33d; hinds. 4-;d. Australian Sheep.-Heavv. 3 7-16 d: h«*s, 31d: lamb, unchanged. Beef.-fores, 3|d, hinds. 4 yd. .. , , s i. plat* Sheep.—Heavy. 3M; light. o a d, beef, fores, 3gd ; hinds, 4id; lambs, unchanged. Mfty L Wheat Three cargoes of Australian sold at 36s 6d, 36-s 9d. and 37s respectively. Copra: Flat. South Sea, in bags, £26 5s Cotton: Mav and ,Tun» shipment, 7.6% Copper: Spot, £55 18s 9d; three months. £57: electrolytic. £SB. Tin: Spot, £149 10s; three months, £l5O 10s. Lead, £l2 lis 3d. AUSTRALIAN NOTES. SIDNEY, April 26. The Mill-owners' Association has reduced the price of flour 5s a ton. The produce merchants complain that the bulk of tha new maize coming to hand is of inferior quality and in soft condition. OAMARU MARKETS. (From Our Own Correspondent.) OAMARU, May 2. The weaker tendency on the Home and Australian markets has caused local meav chants to deal in wheat less freely; consequently there has been a dirop of fully Id per bushel all round. Early in the week sales of velvet were recorded at 3s and 3s 10J,d, less commission, on trucks, but latterly transactions were limited, as most of the millers went completely out of the

Market. For one very prime line of velvet a lid net was given, delivered in Oamaru Oacks extra), but this was exceptional. 'Nominal quotations are 3s 9&d, less commission, on trucks for velvet, and 3s 8-gd, less commission, on trucks for rod wheat; seconds, 3s. Oats.—So far as locally-grown oats are Concerned, there is practically nothing doing. Those farmers who have them on. band prefer to hold tight in anticipation of j* better' prices than merchants aro willing t to give; consequently many merchants are ! only doing a hand-to-mouth business. j Nominally, they are worth Is 9d to Is lOd on trucks for good feed Gartons. Purchases 1 of good seed Gartons have been made at the Bluff by local merchants at 2s and 2e o£d f.0.b., li. , . , i Potatoes.—There has been a better feeling about the potato market during the fweek, caused by the heavy shipments to 'Auckland, no less than three steamers having loaded potatoes at the local port. Merchants are still handicapped by the fact that prices are lower at Lyttelton and Bluff, S>ut the good quality of the North Otago"trown tuber has so far compensated for fhe difference in values. On Saturday up to £3 15s net on trucks was given for Up-k>-Dates, and £4 for a special line of DerJrents. THE FROZEN MEAT MARKET. WELLINGTON, Aot»1 IS. The C.C. and D .Company, London, today cabled the- following report of the frozen meat market: —"The mutton and lamb market continues weak. The value of North Island mutton declined |d during the last four weeks. To-dav's quotations are: Mutton—Canterbury, Hd; Napier, Wellington, and North Island, 3fd. Lamb-First quality, s£d: second, 4|d Beef—Hinds, ftdj fores. 32d."

DUNEDIN MARKETS. WHOLESALE PBODUCE REPORTS. Mr J. Fleming, Princes street south, reports under date the 3rd inst.: Wheat per bushel. per ton Best milling 3/3-3/10 Oatmeal, in 25'* 230/0 Medium do ... 3/8 Oaten chaff 72/6—77/6 Fowls' ... 3/5-3/7 Ryegrass hay 52/6-60/0 Milling oats I/10-l/lli Straw ...27/6 to 35/0 Feed oats... J/8 1/0 Pearl barley .. 310,6 Malt barley ... 3/0 cwt Feed barley 2/0-2/3 Onion?, good 5/o—s/0 Cape barley ... 3/6 per lb. Maiz 4/6 Rolled bacon 7Jd—Sd per ton. Side bacon ... BJd Hour, in 200's ...215,0 Smoked hams ... 91 Flour, in 50" s ...'230/0 Cheese ... 6d—6Jl Pollard S5/0 Good salt butter, 9d 10 Bran 65/0 lOd. according to quality Potatoes, £3 17s 6d to £4 5s per ton. FARM AND DAIRY PRODUCE. Messrs Irvine and Stevenson, George street, report paying for produce during the weei ending the 3rd inst. as follows: Bacon (roll), 7|d per lb I Fresh butter, 8d to Ham, 8d per It. 9dperlb _ Fresh eggs, Is lOd doz I Salt butter : not buying Fresh butter, eood ordinary (in lib and Jib prints), 8d to' lOd per lb. Pigs, 1801 b to 1601 b, 3|d. Honey, 3Jd. Fowls, 3s to, 3s od (boiling). Also buying rabbits. SHORT SUPPLY OF OATS. SYDNEY, April 30. The Herald predicts a scarcity of oats and consequent high prices, as the forthcoming supplies are restricted from every centre. It says that New Zealand has a shortage of 6,000,000 bushels, and Victoria of three millions., while the whole of the Tasmanian stocks is already said to be held by the big grain merchants. GRAIN AND PRODUCE SALES. Messrs Donald Reid and Co. report: Owe weekly auction sale of grain and pro-

duce usually attracts a large gathering of local buyers and others interested. yesterday was no exception, there being a full attendance of those engaged in the produce trade. We submitted a lengthy oatologue, only a few lots of which failed to find buyers at prices on a. par with late quotations. Values ruled as under :- Oats.—The demand for prime Gar tons and A grade sparrowbills is well maintained, and lines of these sorts are readily placed at late values. Medium and lower grades meet fair sale in the local market, but are not much sought alter by shippers. Prime seed lines have more attention. Quotations: Prime milling, Is lid to 2s; good to best feed, Is 9-|d to Is 10£d; inferior to medium, Is 7d to Is 9d per bushel (sacks extra.). Wheat.—Millers have not been disposed to operate so freely during the past week, and in consequence lines of Tuscan for direct consignment from country stations have not been so readily dealt with. Prime velvet is in most demand. Although the demand has not been so keen, it is not expected that values for prime milling lots are likely to suffer, and quotations are practically unchanged. Quotations: Prime milling, 3s lOd to 3s lid; velvet, to 4s; medium to good, 3s 7d to 3s 9d; best whole fowl wheat, 3s 4cl to 3s 6d; medium, 3s to 3s 3d; broken and damaged. 2s 3d to 2s lOd per bushel (sacks extra.). Potatoes. —The market has been moderately supplied with consignments of good quality. The demand continues good, and norioes show no change on the week. Medium and inferior lots, however, aire still difficult to quit. Quotations: Prime Up-to-d,ates, £4 2s 6d to £4 ss; medium to s-ood, £3 15s to £4; inferior, £2 10s to £3 10s per ton (bags included). Chaff. —Heavy supplies have come for-

ward during the week, but a~ the demand i continues good prices show little change

on those ruling a week ago. Prime quality has good inquiry for shipment, while medium lots meet a more ready sale than for some time past. Inferior quality w plentiful and difficult to quit at even extremely low rates. Quotations: Prime oaten "sheaf, £3 12s 6d to £3 15s; choice, to £3 17s 6d; medium to good, io 5s to £3 10s; inferior and straw chaff, £2 to £3 per ton (sacks' extra). Straw.—Quotations.• Whnaiten. 22s 6d to 255; oaten, 32s 6d to 37s 6d per ton (pressed). Messrs Dalgety and Co. report as foliar—We held our usual weekly auction sale of Brain and produce at our stores on Mondav, when we offered a large catalogue to a good attendance of buyers Competition wee keen in most line's and we cleared our offerings at auction and privately as follows : , re • t 1.. O a t, s —Farmers are not offering freely, Having confidence in the market, consequently the market is firm, particularly for i (Trade oats suitable for seed. What lines of B c-rade have offered have been readily taken for shinment for the North Island, but towards the close of the week, the demand from that ouarter was hardly as strong as earlier in the week. Quotations: Prime mill inn". Is lid to 2s Id; good to best feed. Is 9d to Is 10£d ; inferior, Is 7£d to Is per bushel (sacks extra). . Wheat. —Considerable quantities of nnme milling wheat have changed hands during the last week at lnte ouotations. In spite of the weakness in the Home market, farmers are not inclined to lower their reserves. Fowl Wheat is plentiful, and prices are inclined to be easier. Quotations: Prime milling. 3s lOd to 3s lid: choice velvet, to 4s; best whole fowl. 3s to 3s 6d ; broken and damaged. 2s to 2s 9d nor bushel (sacks extra). Potatoes.—The market is. if anything, a shade easier, though thoroughly sound and el-.oice lines bring? up to ton quotations. Anything touched with blight is not in and hard to place. Quotations: Prime Un-to-Dates, £4 to £4 5s ; medium to <?ood. £5 5s to £3 15s: inferior, £2 to £2 5s per ton (.sacks included). Chaff.—The market is fully supplied, considerable consignments having come to hand towards the end of the week, and prices show o decline of 2s 6d pe- ton. Quotations : Prime oaten sheaf, £3 12s 6d to £3 15s: choice, to £3 17s od ; medium to crood, £3 5s to £3 7e 6d; inferior. £2 to £2 15s. Straw.—Oaten, 355; wheaten, 22s bd (pressed, ex truck'. HIDE SALES. MELBOURNE. April 23. At the hide sales to-day good-conditioned sorts were gd to i,d dearer, while others were unchanged. Messrs Stronach, Morris, and Co. report as follows: —We held our fortnightly sale of hides at our stores on Thursday, when we offered a catalogue totalling 183. The attendance of buyers was an average one, and competition was again very keen, all sorts bringing prices fully up to these ruling a fortlTi'ght ago. Calfskins were in special demand, several lots bringing up to 9|d per lb. Our top price for ox hides was Bd, which we obtained for one weighing 721 b. We also sold others at 7ld, 73d, 7|d, and 7J,d. In money value ox brought up to £2 6s 6d and cow up to £1 15s. The following are actual prices paid at our sale : —Ox hides: Prime stout heavy 7|d to Bd, g-cod heavy 7d to 7J,d. medium weight 6|d to 7§d, light weight to 7d; staggy aiiid inferior to s£d. Cow: Prime heavy 6gd to 7d; medium weight 6gd to light weight 6|d to 7d, inferior 3gd to sgd, yearling 7d, calfskins 5d to 9|d. The National Mortgage and Agency Company of New Zealand reports having held its fortnightly sale of hides on Friday, when it offered a good catalogue of medium quality. The attendance of buyers was a full one, and bidding was keen for all classes. Prices were well maintained, and a very satisfactory sale resulted. Quotations : —Ox: Prime stout heavy, 7jd to 8d; good heavy, 7d to 7gd; medium, 6|d to 7gd; light, bid to 7il. Cow: Best heavy, 6£d to 7id; medium, 6£d to 7d; light, 6d to 6gd; inferior ox and cow, 3gd to sd; vearlings, 4&d to 6|d; calfskins, prime, 80 to 9id; do, medium, 6d to 8d; tips, to Is 9d per dozen.

Messrs Donald Reid and Co. report having held their usual fortnightly sale of hides on Thursday, when they submitted a large catalogue to a representative gathering of buyers. Of the hides offered, a good proportion were from the abattoirs, and for these there was keen demand, more especially for heavy stout sorts. Country lots also received due attention, and were sold at prices fully up to those obtained at their : la-st sale. The top price of the day 'was i B|d, obtained for two lots of extra stout ' hides, averaging 851 b, and netting per hide £3 Os 2d. Calfskins likewise sold well, l their top price being 9|d for a lot well cared for. They quote:—Ox: Extra prime heavy, I 71d to B£d per lb; heavy, 7Ad to 71 d; i medium. 7d to 7£d; light, 6|d to 7|d. Cow: Heavy, to 7-|d; medium, 6id to j 7id; light, 6|d to 7|d; yearling, 6d to 7£d; calfskins, 7d to 9|d. Messrs Wright, Stephenson, and Co. re- j port as follows:—We held our usual fort- ] nightly sale on Thursday, when we again submitted a large catalogue. Our total j offering was 847 hides, comprising 595 ox- i hides, 233 cowhides, and 19 yearling and calf- I skins. Bidding was very animated right j through Jie sale, enabling us to clear every lot at prices which compare favourably i with thise ruling at cur last auction. Our I top price per pound was Bjd, and our best ! return at, per hide was £2 12s sd. We did nob I have very many lots of extra choice hides on our catalogue, but for uniformity we think the following prices will speak for i themselves:—Ox : One 781 b. B£d ; three 711 b, | B|d; four 731 b, 7fd; two 681 b, 7|d; one 821 b. ! 7|d: four 721 b, 7|d; seven 701 b, 7|d; nine! 691 b 7§d; three 611 b, 7gd; one 701 b, 7|d; ! two 661 b, 7|d; 12 631 b, 7|d; four 681 b, 7i-d; one 721 b, 7£d; four 681 b, 74d; four ; 691 b, 7 id; 13 711 b. 7id; two 691 b, 7|d; six 611 b, 7|d; 12 661 b. 7|d; j 12 631 b, 7|d; 12 651 b. 7|d; one 641 b, 7*d; I two 581 b. 7-id; four 451 b, 7J,d; 12 721 b, 7id; j sever. 601 b, 7*d; 14 561 b, 7*d; 11 601 b, 7id ; I 20 611 b, 7id; 20 581 b, 7id; 18 58!b, 7id; | 16 561 b, 7id; 15 621 b, 7id; 24 631 b, 7id; | 16 621 b, 7id; 16 611 b, 7-Ad; 15 611 b, 7id; three 541 b, 7J-d; three 621 b, 7- 4 d; nine 561 b, 7idj nine 621 b, 7kl; two 761 b, 7id; three 641 b, 7id: four 621 b, 7- 4 d; four 651 b, 7£d; one 541 b 7id; two 641 b, 7£d; two 541 b, 7£d; two 461 b, Ihd ; two 521 b, 7£d; 16 531 b, 7Ad; 19 521 b, 7jj;d; five 511 b, 7^l; five 491 b, %d ; 23 531 b, 7id; 20 571 b, 7id; 15 571 b, 7&d; 16 551 b. 7Ad; 17 551 b. 7id; four 611 b, 7Ad; | two 651 b, m ; 10 581 b. 7*d; 10 481 b, 7jd; j two 56!b, Ikd; three 621 b, 7id: four 581 b, 7Ad. Cowhides: Four 521 b. 7£d : two 591 b, 7d; two 561 b 7d: three 51 In. 7d: 18 531 b, '

7d ; 12 491 b, 7<l; 14 501 b, 7d. A few of our gross averages at per hide are as follow : Ox hides : On© 781 b, 52s 5d ; one 821 b, 49s 7d ; three 711 b 46s 9d; four 731 b, 44s 7d; two 651 b, 43s 6d; four 721 b, 43s 3d; one 721 b, 42s 6d; seven 701 b, 425; 13 711 b, 41s lid; one 701 b, 41s lid; nine 691 b, 41s 4d; two 681 b, 41s 4d; four 691 b, 40s 9d; two 661 b, 39s sd; 12 661 b, 38s Id; 12 651 b, 37s 6d. Cow hides: Two 641 b, 34s sd; six 631 b, 33s 2d, two 591 b, 32s Id; two 561 b, 30s 4d; 18 53'b, 23s 7d; four 521 b, 28s 6d; nine 541 b, 28s 2d ; three 541 b, 28s 2d: one 571 b, 28s 2d : six 551 b, 28s 2d; three 511 b, 27s sd; 14 521 b, 275; 14 501 b, 26s lOd; 11 521 b, 26s 6d. We quote : Extra stout heavy ox, 3d to Bgd ; stout heavy ox, 7|d to 7£d; medium, 7£d to 7|d; light, 7d to 7£d; stout heavv cow, 7d to 7A;d; mediu-n, 6§d to 7Ad ; light, 6£d to 7d; yearling, from 5Ad to 6£d; stag and bull, 3gd to s|d; calfskins, s£d to 9d, according to weights and condition. Slippy, thin, and damaged hides at lower rates. The Ota.go Fanners' Co-operation Association of New Zealand reports:—We held our fortnightly sale of hides on Thursday, when we offered a. large catalogue of hides, yearlings, calfskins, and horse hides to a, representative gathering of buyers. Competition was keen, and for most of the catalogue prices were fully as good as those ruling at last sale We had only a, few prime stout ox hides, the bulk of our catalogue consisting of medium weight butchers' and country hides, most of which were in good condition. Our top price for ox hides was B§d. Calfskins were in keen demand; best lots brought up to 9|d per lb. Ox hides brought in money value up to £2 18s 3d. Quotations : Prime stout heavy oz, 73d to BjV.i ; irood heavv, 7d to 7-|d; medium weight, 61d to 7£d; light, 6d to 7d; inferior, 3£d to s£d. Cow : Prime heavy. 6fd to 7cl : medium, 6Jd to 7d; lisrht weight, 6fd to 7d; inferior 3§d to s£d; yearling, from 5d to 7d ; calfskins, from sgd to 9j?d; horse hides, to 7s. Messrs Waters, Ritchie, and Co. report as follows : —We hold our usual fortnightly sale of hides yesterday, when >ve offered a. very largo catalogue consisting of 1074 hides and 127 yearlings and calfskins —a. total of 1201. There was a gcod attendance of buyers, and competition was ,ery keen, but at a slightly lower range of values than at the previous sa.le, this being most noticeable on all descriptions of cow hides. Included in our catalogue were some lines of very nice hides from the North Island, which, though not showing a graat deal of substance, were in beautiful condition and were very keenly competed for. Our top price for ox was Bfd, and for cow 7£d per lb. In money value, £2 12s 6d for ox and £1 16s 3d' for cow were our best returns. The following were some of cur individual sales : Ox: Otic 761 b, B|d; ono 63ib, B|d; one 681 b, 8-i-d; one 72!b. Bfd; one 701 b. 3|d; one 671 b, 7§d; one 711 b. 7Jd; two 731 b, 7|d; one 791 b, 7*d ; one 671 b, 7?d ; one 701 b, 7|d; one 651 b 7?d; two 731 b, 7fd; eight 771 b, 7?d; two 761 b, 7fd; one 711 b, 7|d; one 741 b, 7|d; two 621 b, 7|d; five 681 b, 7|d; 39 671 b, 73d; one 601 b, 7|d; six 551 b, 7|d; 13 711 b, three 611 b. 7|d; three 581 b, 7§d; six 631 b, 7Ad; 84 621 b, 7-j.d; one 671 b 7'id; three 57'b. 7M: three 721 b, 7Ad; five 661 b, 7Ad; six 561 b, 7Ad; three 681 b, 7id; one 771 b, 7i.d; two 611 b, 7^d; ono 731 b, 7J,d; three 601 b, 74d; one 761 b, 7-Ad; two 701 b, 7£d; five 571 b, 7§d; four 621 b, 7M: 13 581 b, 7gd; three 601 b, 7|d; five 561 b, 7|d; 34 541 b, 7|d; seven 61b, 71d; one 731 b, 7|d; one 481 b, 7|d; four 611 b, 7|d; one 721 b, 7|d; one 701 b, 7|d; eight 631 b, 7gd; ono 501 b, 74d; ono 791 b, 71d; six 431 b, 7-J,d; 41 571 b, 7sd; five 731 b, 7Ad; six 521 b, Ud; two 561 b, 7£d; eight 621 b, 7-id; three 641 b. 7{d; one 701 b, 7£d; one 771 b, 7Jld; two 581 b, 7|d; three 671 b, 7^d; one 801 b, 7-Jd; seven 521 b, 7 Ad; six 511 b, 7Ad; four 61.1 b, 7Ad; four 471 b. 7id; 12 531 b, 7Ad; two 481 b, 7Ad: nine 541 b, 7Ad; seven 581 b, 7Ad; two 641 b. 7Ad: three 601 b, 7Ad; four 421 b, 7d; nine 531 b, 7d; two 641 b. 7d; seven 521 b. 7d; two. 481 b, 7d per lb. Cows: Forty-four 441 b. <W: one 601 b, 7£d; one 581 b. 7M; 33 551 b, lid: four 721 b, 7Ad; three 531 b, 7 Ad; one 651 b, 7Ad: one 591 b, 7Ad; two 601 b, 7d: three 551 b. 7d: 11 541 b, 7d; two 391 b, 7d; 16 531 b, 7d; three 451 b, 7d; fivo 461 b 7d; 12 571 b, 7d; 22 521 b, 7d; three 641 b, 7d per lb. We quote:-Ox: fcxtra stout heavy, BA;d to B|d ; stout heavy, 7frt to 8d; heavv. 7ld to 7kl; medium, 7d to 7Ad ; liffht, 6?d to 7{d. Cow : Stout heavy, 7|d to 7id; heavy, 7£d to 7Jd's medium. 6|d to 74d; light, 6|d to 7Ad. Damaged and bad-conditioned ox and cow, from 4£d to 6fd: bull and stag, to s|d; calfskins, 9d to 9|d for best: medium, 3d to 8?d; damaged and inferior, to 7£d per lb. CLEARING SALE AT CORNER BUSH, MERTON. Messrs Stronach. Morris, and Co. (Ltd.) report having held a very -successful sale of dairy cows, horses, implements, etc., oni account of Mr John Duncan, at his homestead, Corner Bush Estate, Meir+on, when, owing to the expiry of Mr Duncan's lease, everything was offered for unreserved sale. Mr Duncan being so well and favourably known to all throughout Otago, it was expected that there would be a verv largo attendance, and this proved to be the cafe, between 300 and 400 farmers from, all narts; of the district being present, while there wore also buyers representing Ashburtcn, Oama.ru, Hampden, Dunedin, and Ta : eri. Mr Duncan had made very complete arrangements, and this contributed considerably to the success of the °ale, his stock, implements, etc.. being well brought out ami shown to the be-t- advantage. Tha following are a few of the prices obtained : Two cows at £7 17s 6d. one at £7. one at £6 10s, one at £6 2s 6d, one at £f>. "ira »* £5 15s. one at £5 10s. one at £5 12? 6d, four at £5 7s (id, cn*j at £5 ss. two at £5. and twenty from £4 to £4 17s 6d : , aged cows, £2 10s to £3 10s : heifers,. £3 to £3 10s: 13 yearling heifers. £2 17* 6d : 25 yearlings (mixed sexes). £1 10s; three-yeav-old steers, £5: implements, furniture, and a large quantity of sundries sold at full values. CLEARING SALTO at BLACKSTONE HILL. Messrs Wright, Steßfenson, and Co. (Ltd.) report having hold, on account of the trustees of the late William Tuvnbull. Blaekstonc Hill, on© of the most successful auction sales of land and live and deadl stock ever held in Central Otasro. There was a solendid attendance of the public, and the farm, which was offered first, comprising 353 acres freehold and 30 acres of reserve, started at £3 10s per acre, but; soon under spirited bidding reached £6 17s 6a\ at which price it was knocked down to Mrs M'Knight, of Blackstone Kill. The

hcirses, sheep, and implements realised highly satisfactory prices. SALE OF CATTLE. Messrs Dalgety and Company, Limited, report having sold on account of Mr Win. Patrick, Balmoral estate, Outram, a line of extra prime heavy bullocks. These cattle, iwithout doubt, are one of the finest lines in Southland or Otago, being nearly all nve-year olds and very heavy weights.' The buyer is Mr W. Foss, of Oamaru, and the price was a very satisfactiry one. OTAGO FARMERS' HORSE BAZAAR. The Otago Farmers' Co-operative Association reports: —For our horse sale on Saturday last we had an entry of 40 draughts and light horses. The greater portion came from country districts—i.e., Balolutha, Macraes, Seacliff, Lawrence, Middlemarch, and the Taieri. The attendance of farmers and town buyers was large, and a considerable portion of all the horses offered went to fresh stables, and the whole of the country horses sold at auction. The demand for heavy active draughts continues. useful farm draughts are also selling well up to late quotations. Heavy spring-carters suitable for trade carts are in demand, as are also upstanding harness horses. The proportion of good horses of the latter class coming forward has been rather small for some time, the majority offered being on the light side and a number of them showing signs of heavy work. We offered and sold several useful harness cobs and hackney ponies on Saturday, for which good prices were obtained. Saturday's sale was one of the best we have held for some time. We quote: Good young draught mares at from £33 to £43, extra good Clydesdale marcs, suitable for stud purposes, £45 to 70 guineas; superior young draught geldings, fit for shaft and lorry work, £35 to £42; extra to £55; ordinary draught mares and geldings at from £'2s to £32; aged draughts at from £lO to £ls : good strong, upstanding vanners, at from £2l to £3O; heavy 6pring-carbers at from £2O to £25; ordinary spring-carters at from £ls to £l3; upstanding buggy mares and geldings from £l6 to £22; hackney and cob ponies, from £8 to £l4. DUNEDIN HORSE SALEYARDS. Messrs Wright, Stephenson, and Co. report as follows: —The entry for last Saturday's sale was only a medium one, and with one or two exceptions was what ■might be designated a second-olass lot. The attendance of the public was not quite so good as it has been for several weeks post, and country clients were conspicuous by their absence. Of the draughts offered, none were what could be called first-class, consequently we have no high prices to quote. Nevertheless, all the country consignments were keenly competed for, and sold at prices quite up to late ruling rates. There were only one or two very light spring-carters on offer, and these sold at up to £lB. Light-harness horses were a very inferior lot, and for this class it was almost impossible to elicit a bid. However, we have buyers for one or two good reliable harness horses, and we feel sure that if such were forthcoming excellent prices would be obtained. The scarcity of really young heavy draught mares and geldings continues, and any horses coming forward of this description are easily disposed of at excellent prices. We quote : Superior young draught geldings at from £4O to £45; extra good ditto (prize-winners), at from £45 to £SO; superior yc*ng draught mares at from £SO to £6O ; medium draught mares and geldings, at from £3O to £4O; aged, at-from £lO to £ls ; strong springvan horses at from £25 to £3O: strong spring-carters at from £lB to £25; milkcart and butchers' order-cart horses at from £ls to £25; light hacks at from £8 to £l3; extra good hacks and harness horses at from £l3 to £25; weedy and aged at from £5 to £7. LAND SALE. The Otago Farmers Co-operative Association of New Zealand reports having sold, on account of Mr C. R. Smith, of Owaka, his freehold agricultural and pastoral property, comprising 218 acres and 26 poles, known as " The Homestead." situated in the Owaka Valley, and within a few miles of the latter railway station. There was a capital gathering of farmers and others interested in agricultural and pastoral pursuit* ' Keen interest was taken in the sale, especially by propertyowners in the Valley and surrounding districts. The property was passed in at auction, and purchased by Mr Hugh Ballantine, of Owaka, at a satisfactory figure.

Now South Wales 4's .01 i.07 New South Wak'o 34's ... 984 98i New South Wales 3's_ ... ... 88" 88 Victorian 4's ... 1034 1034 Victorian 34's ,.r 99 99 Victorian 3's ... 8&4 864 Queensland 4's ... 104 5 1044 Queensland 34's ... 97 97 Queensland 3's ... 87 87 South Australian 34's ... 98i 98i South Australian 3's ... 844 844 New Zealand 4's ... 1064 1064 Now Zealand 3A's ... 97| 974 Nov/ Zealand 3's ... 874 874 Tasmanian 3's ... 99 99 Tasma.nian 3's ... 87 87 West Australian 34's .. ... 971 974 CVest Australia.!! 3's ... 87| 874