COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 3005, 18 October 1911, Page 23

COMMERCIAL CABLEGRAMS.

LONDON, October 10. The Australian Mercantile Company, £100; Melbourne Gas Company, £lOl. October 11. At the tallow sales. 2055 casks were offered ajid 830 sold. Mutton: Fine, 3"s 6d; medium, 355. Beef: Fine, 36s 3d; medium, 33s 6d. October 12. Wheat.—From 12,000 to 15,000 quarters from three ports, shipment, have been sold at 365. At tho rabbitskin sale 5350 bales were offered, and about half were sold. Good eorts we'-e from l£d to 2d below late sales, and inferior and to fair Ad lower. There is a fair trade, but the enormous offerings depressed the market. .'..'■ October 13. The Bank of England returns show the ste-ck of gold coin and bullion to be £36,798,000; reserve, £27,228,000; proportion of reserve to liabilities. 51.91. The notes in circulation total £29,180,000 ; public deposits, £6,430,000; other deposits, £45,988,000; Government securities, £14,596,000; and other securities, £28,297,000. The bank rate of discount is 4 per cent.

i Short loans are discounted at 2i per cent., and three months' bills as follows : —London, 4 per cent.; Paris, 3£ j per cent. ; Berlin, per cent. j Consols are quoted at £77 7s 6d. j The iollowing are the quotations for 1 colonial Government stocks, compared with those ruling a week previous :

strength of the firmness in America and continuous frcsts in Argentina, cargoes are hardening. An Australian cargo has been sold at 36s 3d, and holders are asking 36s 6d for South Australian August shipment. The sum of 34s has been paid for-a.parcel".afloat,-arid 35s 3d-is asked for September-October shipments. There is .a fair inquiry for Australian spot, for which 37s has been paid.

Flour is in moderate demand at 25s 6d for spot and 25s to arrive. Oats are firm. La Plata, DecemberJanuary shipment, 16s >9d.

Th. 3 Danish butter market is dull and irregular at about 148 s. Choicest colonial —Salted, 132 gto 1346; unsalted, 134 sto 1365. The high prices are rendering buyers somewhit nervous. The cheese market is dull. Canadian, September shipment, 695. The Bradford wool market is weak, and there ia little business. Spot quotations :—64's,- 26d; super 60's, 25£d ; common 60's, 24£d; 56's, 21d ; 50's, 17£d; 46's. 14d; 40's, 13Jd. Future:—64'e, 25d super. 60's, 24^d; common. 60's, 23£d.

October 14. The prices of sheep are unchanged. New. Zealand owes, 3 3-16 d. Lambs acre unchanged. Bee£: Fores, 2£d; hinds, 3fdAustralian sheep: Light, 2>id; heavy, 3£d; ewes, 3 3-16 d. Lambs, unchanged. Beef: Fores, _2|d; hinds, 3£d. South American sheep: light, 3fd; heavy, 3 5-16 d; cwee, 3 3-16 d. Lambs: First quality, unchanged; second quality, 3ld. Beef : Frozen fores, 2|d; hinds, 3|d; chilled fores, 2id; hinds, id. Rabbits: There is an excellent demand, and colonial are being cleared well at full rates.

Wheat: Fourteen thousand five hundred quarters of Australian, October-November shipment, havo been sold at 36s 6d, and 6700 tons of South Australian are now being shipped at 36a 4£d.

October 15. The Board of Agriculture estimates the English hop crop.at 328,023 cwt. Hemp: Steady and unchanged. Jute: October-November shipment, £l9 17s 6d. Rubber, 4s A^d. Copra: Fh-rn. South Sea, bags, £26 10s. Copper: Spot, £54 18s 8d; three months, £55 17s fed.

Tin, £IBO 15s. Lead, £ls ss. The imports were 16,333 tons, and the exports 6348 tons. Wheat: An Australian cargo sold at 363 6d.

Galvanised iron is quoted as follows: First quality, £l4 10s; second, £l3 15s. Tinplatos: I.C. coke, 13s 10£d; I.C. charcoal, 14s 10id. Fencing ware. £8 17s 6d< Iran bars, £7. Angle steel, £5 7s 6d. Tram rails, £5 ss. Wire, netting, 60 per cent, and 5 per cent, off list. Cement: First, 5s sd; second, 5s 3d.

The total quantity of wheat and flour afloat for the United Kingdom is 2,495,000 quarters, and for the 'Continent 1,240,000 quarters. The Atlantic shipments wero 191.000 and the Pacific 35,000 quarters. The total supplies are:—Europe, 1,015,000 quarters; Argentina 19,000 quarters; Rus-sia,'-135.000 quarters: Danubian provinces, 245.CG0 quarters; India, 112,000 quarters; and Australasia, 130,000 quarters. AMERICAN WHEAT CROP. WASHINGTON, October 11. The official estimate of the spring wheat crop is 209,607,000 bushels. LONDON TALLOW MARKET. The New Zealand Loan and Mercantile Agency Company is in receipt of. the following advice by cable from its London, office:—"We quote present spot values for the following descriptions of tallow: Fina mutton 37s 3d per cwt, good beef 355, mixed 33s- Market is firm." THE WOOL SALES. LONDON, October 9. There was a small attendance at th« sales, but good competition. Prices are unchanged. October 10. At the wool sales the following clips

were sold:— Pareora, top price average Santoft, top 9£d, average The wool sales closed firm, with prices unchanged. October 11. The quantity sold for home consumption was 58,000 bales, for the Continent 50,000 bales, and for the United States 2500 bales, while the number of bales held over is 27,000. Continental buyers were keen on fine merinos, and Yorkshire buyers operated largely in slipes and greasy crossbreds. - Compared with.the July closing prices fine merinos were unchanged, but average sorts generally declined 5 per cent. New Zealand scoureds were in strong request, and were unchanged, but medium scoureds declined 5 per cent., and inferior 10 per cent. Greasy crossbreds were slightly firmer, but fine jmedium closed at a decline of from sto per cent., and coarse from par to 5 per cent.

WELLINGTON, October .11. The following cablegram has been revived from the High Commissioner under date October. 10 regarding the closing of the fifth..series of. colonial wool sales:— "The wool sales have closed,with a fair lemand for all qualities at present market ralues. Americans . have not been buying. Trade is good, and manufacturers are busy, while future prospects are favourable at reasonable prices, provided that no further political complications arise on tne Continent. Nineteen thousand bales of New Zealand wool were held over. The estimated values are as follow•:—Superior merino; ll£d to Is Id; medium merino, 9£d to lid; inferior merino, to 9d; fine crossbreds (all grades), lid to Is Id; medium crossbreds, 8d to 10£d; coarse crosbred, 7d to lOd." Messrs Dalgety and Co. have received the following cablegram from their head office, dated London, October 9:—"Merino wool, good quality, lower by id; merino, medium *nd inferior sorts, £d lower; lambs' wool, irregular and lower. Total offerings, 26,000 The Bank of New Zealand has received the following advices regarding the closing of the present series of London-colonial wool sales in London: —"The sales close firm for all kinds of wool. Total quantity held over, 26,000 bales, including 18,000 New Zealand. There is good demand for coarse crossbreds: prospects are fair." The NRiional Mortgage and Agency Company of New Zealand is in receipt of the following cablegram from its London office, dated 10th inst.: —"Sales closed steady at opening rates." . ■ ■ The New Zealand Loan and Mercantile Agency CJohwany is in receipt of the' followingl advice by cable from its London efßos regarding the closing of the fifth ■priaA of «rool K>lc*:—"The sales closed fT'-lv -.5d- 102 000 bak« weie .•sold, < 0,000 b3U SsW token for the .Continent .and 20S0 bales for America; 26,000 bales were b«U ovor.- As compared with last »aleo

closing rates, prices are about 5 per cent, lower for greasy merino medium and about 10 per cent, lower for scoured merino inferior,;" ; . Messrs Dalgety nnd Co. report having received the following cablegram from their head office, dated London, October 10:—"Wool sales closed, fairly maintained. As compared with last sale's closing rates, super, merino wools, scoured, 5 to per cent, lower; merino wool, medium sorts, scoured, 7£ to 10 per cent, lower; merino wools, inferior, scoured, 10 to 15 per cent, lower; merino wools, good quality and condition, greasy, par to 5 per cent, lower; merino wools, medium sorts, greasy, 5 to 7i per cent, lower; merino wools, inferior, greasy, 7£ to 10 per cent, lower; fine crossbred wools, greasy,- % to 10 per cent, lower; crossbred, medium quality, greasy, 5 to 7£. per cent, lower; crossbred wools, coarse, greasy, par to's per cent, lower; crossbred wools, scoured. 5 per cent, lower y slipe, 5 per cent Jower: lambs' -wool, unchanged." Total. net quantity available for sale, 138 000 bales, of which 2000' bales cold to America. 70,000 bales sold for home consumption, 40,000 bake sold to Continent, 26.000 bales carried forward, including 18.000 bales not offered." ;'. ... ~.

DUNEDIN MARKETS. WHOLESALE PRODUCE EEPOBTS. Lindsay and Columb. Princes etw>et south, rsnort under date the 17th inst.: Y\ neat per bushel, pcrton Best milling 3/10-4/0 Oaten chaff Medium do ... 3/9 i'rime 85/0-95/0 Fowls' .<.. 3/6—3/9 Medium 75/I—B2/6 Milling oats 3/0-3/2 Ryegrass and clover Feed oats ... 2/10-3/0 nay ... 90/0 Malt barley ... 4/9 Straw: Feed barley 3/4—3/6 Wheaten 27/0—35/0 Capebarlev ... 3/6 Oaten.. 47/«—so/0 Maize ..'. ... 3/9 Onion.-, good 120/0--140/0 Rolled bacon ... 9d per ton. Side bacon ... 9d Plour, in 200" s ...185/0 Smoked hams ... 101 Flour, in 50'- ...200/0 Cheese ... tijd—7d Pollard 110/ Good salt butter, i2d to Bran 95/ 14d. according to Oatmeal, in 25's 270/0 quality Tearl bailey .. 286/1» > Supplies of potatoes have 'slackened of? dairing the last few days. Only sound, freshly-picked lots axe inquired for at up to £2 12s 6d; medium snd inferior difficult to sell i&t 25s to 355. FABM AND DAIBV PKODTTCK. Messrs Irvine and Stevenson. George street, report paying for produce during the week ending the 17th inst. iaa follows: Fresb eggs. 10Jd doz . I Separator butter, BJd Salt butter : not buying I per In Fresh butter, eood ordinary 'in lib and Jib prints), lOd to "is per lb. Pigs, 1301 bto 1601 b, s£d. Honey, 3£d. Fowls, 33 to 3s 6d (boiling). Potatoes, £3 per ton.

THE HIGH COMMISSIONER'S CABLEGRAM. WELLINGTON, October 13. The High Commissioner cables under dato London, October* 12 (quotations unless otherwise specified are average market prioss on spot): S<rgs.—Market quiet. Per 120, Home lis 6d to lis, Russian 7s 6d to 9s 3d. Italian lis to lis 6d, Danish lis 6d to 12s Crd. Australian 7s 3d to 9s 9d. Poultry.—Chicko-na, American 7d to 8d per lb, Russian 7d to 8d per lb, Home 7J.d

to lOd per lb; ducklings, Home 7d to Russian 5d to 6d; turkeys, Russian 7ad to Bid, Home 9-id to lOd. Market rather quiet owing to large, supply. Bacon.—Market dull and prices irregular. Sides—lrish 60s to 71s, Continental 52s to 665, American 52s to 565, Canadian 54s to 58s.

Hams. —Market dull; prices irregular. Irish 96s to 112 s per cwt, English 84s, Canadian 56s to 645, American 54s to 68s.

October 16. The High Commissioner's cablegram, dated London, October 14, is as follows (quotations, unless otherwise specified, are average market prices on spot): — Mutton.—The market is quiet, .with dull sale for all qualities, but holders are firm. Quotations: Canterbury, 4£d per lb; North Island, 3^d. The lamb market is weak, on account of supplies' of Home-grown iambs being heavy and lowering prices. New Zealand lambs: Canterbury, s|d per lb; other than Canterbury, sd; Scotch hill, 4j|d. Beef.—Market dull, with little demand, and supplies large. New Zealand hinds, per lb; New Zealand fores, 2£d. Butter.—Market rather quiet, on account of high prices. Buyers of butter are holding back, expecting prices to go lower. Today's quotations: Danish, 146 s per cwt; Siberian, 1275; Australian, 1325. The cheese market is quiet, and prices slightly weaker. Forward transactions in cheese • are very limited at present quotations, but future prospects are good. Canadian, 69s 6d cwt; English Cheddar. 86s.

Hemp.—The market is quiet, but moderate business is doing. New Zealand is firm at last quotations. The stock of New Zealand on hasnd is 986 tons. The market for Manila has advanced 20s. The output from Manila for the week was 20,000 bales. Hemp quotations last week: New Zealand, good fair, on spot, per ton, £l9 15s; New Zealand, fair grade, £lB 15s; fair current Manila. £2O; forward shipment New Zealand, good fair, £2O; New Zealand, fair grade, £l9; fair current Manila. £2O ss. SHIPMENTS OF STOCK, Messrs Murray, Roberts, and Co. advise baving made a shipment of 20 stud merino rams on account of Mr Watson Sherman, Puketoi Station. These sheep were purchased by Messrs Pyne and Co., Chrisr,church, as agents for the Indian. Government. This is the second shipment made by Mr Shennan to the Indian Government. Messrs Murray, Roberts, and Co. also advise having . made three shipments of polled . angus cattle. to the North Island during the last fortnight. Twenty-seven cows and heifers, five calves, and one. bull were consigned to Messrs Murray, Roberts, and Co., Gisborne, for Mr "W. Mahson, Poverty Ray, who is on© of the latest to take up the breeding of this breed of cattlo in the North Island, and to Mr H. St. Hill, Hawke's Bay, three two-year-old bulls. OAMARU MARKETS. (Fbom Our Own Correspondent.) OAMARU, October 14. There haafcbeen very little business passing in this market during the week. Several offerings of wheat have been made from the country, but holders' ideas of

values are much above those of buyers, -and business has not resulted. The price asked has been invariably 2s 9d net at country stations, while the best present quotations are 3s 7id for velvet and 3s 7d for red wheats. A few small lines have changed hands, including a mixed line of velvet and red, chaff at 3s 6d net at a country station, and parcels of velvet at 3s Bd, less commission, at country stations, and 3s 9d ex store. Several parcels of fowl wheat have been sold, for shipment to northern, ports at 3s Bd, f.0.b., sacks in. Garton oats have been taken at South Canterbury stations at 2s IOAd net, that figure having been, given in several instances. . v •■'"•■■'.

There is very little oaten sheaf chaff procurable, and holders are asking £5 a ton '. net on truck, but £4 10s is the best price thai; merchants are prepared to give. A little business in potatoes has been stimulated by orders from the north, and from £1 15s to £1 18s net has been given at country stations for good-quality tubers. There are still substantial supplies in the country.

GRAIN AND PRODUCE SALES. Messrs Donald Reid and Co. report: We held our weekly auction sale of grain and produce at our stores on Monday, when values ruled as under: —Oats: Only small consignments are coming forward, and in most cases these are taken for local use. Shippers are not operating freely, and confine their attention chiefly to_ A grade Garton and sparrowbills. Prime milling, 3s to 3s Id; good to best feed, 2s lid to 3s; inferior to medium, 2s 9d to 2s per bushel (sacks extra). Wheat: The market remains quiet but firm at late values. The quantity on offer locally is now much reduced, and only small lines are unsold. Fowl wheat is scarce, and commands ready sale. Prime milling velvet, 3s lid to 4s; Tuscan, etc., 3s to 3s 10£d; medium do, 3s 8d to 3s 9d; best whole fowl wheaf. 3s 6£d to 3s,7id; medium, 3s 4d to 3s 6d; broken, and damaged, 2s lOd to 3s 3d per bushel (sacks extra). Potatoes: Supplies have slackened off somewhat during the past few days. Sound freshly-picked lots have some inquiry at £2 7s 6d to £2 12s 6d. Medium and indifferent lots are difficult to place at £2 to £2 5s per ton (sacks included). Chaff: The market is well supplied. Prime bright oaten sheaf meets ready sale at quotations, but discoloured, light, and inferior lots are out of favour with buyers. Best oaten sheaf, £4 7s 6d to £4 10s; choice, etc., to £4 12s 6d; medium to good, £4 to £4 ss; light and discoloured, £3 5s to £3 15s per ton (bags extra). ♦ -

Messrs Dalgety and Co. report as follows:—;We held out weekly auction sala of grain and produce at our stores oh Monday, when wo offered a large catalogue to the usual attendance of the trade. Bidding for nearly all lots was satisfactory, and prices ruled as under: Oats: The market still remains in a restricted condition; very few consignments are coming to hand, and any lots that arrive are readily quitted to the local trade. Prime milling, 3s; good to best feed, 2s lid to Ss; medium, 2s 9d to 2s 10d; inferior, 2s 6d to 2s 8d per bushel

(bags extra). Wheat: There is no change to report. Millers or© not very keen buyers, but any good -lots are saleable as below. Fowl feed is inquired for, and brings satisfactory prices to the local trade in small lots. . Prim© velvet, 3s lid to 4s; best Tuscan, 3s 9d to 3s 10d;. medium, 3s 8d to 3s 9d; best whole fowl feed, 3s 6Jkl to 3s 7£d; inferior and broken, 3.s to 3s 5d per bushel (bags extra). Potatoes : Consignments now in stare have reached a low ebb, and all fresh potatoes are in demand, but at to-day's sale .there were very, few offering. Stale sorts are not so keenly asked for as freshly-picked lines. Best table sorts, £2 10s to £2 15s; medium, £2 to. £2 ss; inferior, £l.to £1 15s per ton (bags in). Chaff: There is a strong demand for all lots coming to hand. Best eaten sheaf is inquired for, but medium quality is hard to sell. Best black oaten chaff, £4 12s 6d; best white oaten chaff, £4 7s 6d to £4 10s; medium to good, £3 15s to £4 ss; inferior, £3 to £3 10s per ton (bags extra).

SOUTHLAND MARKETS. (From Oxjb Own Correspondent.) INVERCARGILL, October 14. ! The oat market continues quiet, sales being restricted ovying to the high prices now ruling. Southland merchants are quoting 3s Id to 3s 2d for A grade Gartons for immediate delivery, and more for forward delivery, but buyers are not responding readily to these quotations owing to the inactivity in the market. Invercargill merchants have dropped their buying limits, ..and about 2s 7d to 2s 8d is as much as would be given to farmers to-day on trucks at country sidings, sacks extra. . The chaff market is quiet, supplies being ample for local demands, though there is not a large quantity that would be suitable for export. Auckland prices have hardly risen to a level to permit of Southland merchants doing business with that centre. Prices to farmers are about the same ae last week—viz., £4 on trucks, merchants supplying the bags. The potato market still continues quiet, though there is rather more inquiry. Farmers have been somewhat indifferent about selling at the prices offered by merchants—viz., 30s to 35s on trucks; in fact, some of them are preparing to feed their potatoes to stock. Southland merchants are quoting from £2 10s to £2 15s, f.0.b., s.i., but the quantity to be secured at these figures is not large, and if any considerable demand sets in prices would have to advance. It should be borne in .mind, however, that new potatoes will be fairly plentiful in Auckland in another fortnight, and the result will probably be that if any rise j comes it will b© very . temporary. The hemp market is firmer, though no actual advance in price can be quoted. London quotations are on the basis of. £ls on trucks for fair and £l6 for good fair to the miller. At these prices, however, there are no sellers, and it,is probable that if merchants could offer parcels at slightly higher rates business would eventuate. j Very little business is passing in ryegrass I at present, and prices remain unchanged.

HIDE SALES. MELBOURNE, October 12. At the hid© sales to-day there were fair

supplies. Prices were vers, firm, with an upward tendency.

Messrs Wright, Stephenson, and Co. report as follows:—We held.our fortnightly sale of hides in our stores on Thursday, when we offered a large catalogue to a full attendance of buyers. Bidding was fairly spirited for all classes of hides, and prices may be quoted much -about previous sale's rates. We did not have any hides of special substance on offer this week, our top price being Bid per lb for, one ox hide weighing 681 b. Calfskins were again in good demand and sold at prices ranging up to 9£d per lb. The following are actual prices paid at our sale: Ox hides—One 681 b, Bid; three 761 b, 7gd; one 751 b, 7Jd; six 661 b, 7|d; three 631 b, 7±d; six 641 b, 7£d; two 691 b, 7£d; three 661 b, 74d; nine 691 b, 7Ad; one 601 b, • 7£d; three 561 b, 6ld; one 60lb, 6|d; three 591 b, 6|d; two 621 b, bid; four 721 b, 6ld; seven 661 b, 6id; six 661 b, 6ld; six 651 b, 6Jd; two 481 b, 6|d; seventeen 601 b, 62d; three 491 b, 6|d; five 631 b, 6Jd; four teen 581 b, 6|d; two 581 b, 6|d; one 601 b. 6ld. Cow hides in good condition sold at 6sd to 6id per lb for all weights. A few of our grosa returns work out: Three 47s 3d, one 46s 7d, one 445, six 40s. two 39s 3d, four 395, nine 3Ss 7d, six 37s 6d, three 37s sd\ three 36a lid, six 35s 7d, seven 35s 6d, six 355, two 33s 4d, one 33s 3d, five 33s 2d. We quote: Extra stout heavy ox to B£d, stout heavy 7£d to Bd, heavy 6|d to 7id, medium 6id to 7d, light 6|d to 6Wj stout heavy cow 6|d to 6|d, medium bid to 61d, light 6d to 6id; yearlings to 6id; calfskinsbest to 9id, medium 7|d to Bid; horsehides to 9s; bulls 4id to 4|d. Messrs Strooach, Morris, and Co. report as follows:—We offered a catalogue of 481 at our fortnightly sale, when there was an average attendance of buyers. Competition was barely as keen as at the previous sale, although values were not quotably" lower. There wias a very brisk demand for calfskins, and we sold several lots at up to 9£d. In ox hides we bad nothing special forward, our top price being 7|d, paid for one weighing 801 b. In cow hides we sold several at up to 6fd. The demand was, as usual, more"tewen for hides in good condition, badly flayed ones suffering to a considerable extent. The following are actual prices paid at our sale: —Prime stout heavy ox hides, none forward; good heavy do, 6fd to 7§d; medium-weight do. 6id to 6fd; light-weight do, 6id to 6fd; staggy and inferior, s£d to s|d; best heavy cow hides, 6|d to 6Jd; medium-weight do, 6d to 6|d; light- weight do, 6d to 6£d; inferior, 54d to s|d; yearlings, 6id; good calfskins, B£d to 9jd; inferior, 2d to 6£d per lb. Horse hides, 8s 6d to 9s 9d each. Messrs Waters, Ritchie, and Co. report as follows:—W© held our fortnightly sale of hides at our stores on Friday afternoon. There was the usual 'attendance of buyers, and competition, was keen for all desoripfcionß. Prices, as compared with the previous sale, ruled about the same, with the exception of inferior sorts, which showed an advance of ad to id per lb. Our top price for ox was BJd and for cow 6ld. Our catalogue consisted of 634 hides and 1019 yearlings and calfskins —a total of 1653. In money valule ox brought up to £2 12s 6d and cow £2 0s 8d The following were our best prices:—Ox: One 761 b, B|d; one 761 b, B£d; one. 751 b, B£d; one 681 b, BAd; one 701 b, B£d; one 641 b, 8d; one 691 b, 7fd; one 76l'b, 73d; one 741 b, 7fd; one 701 b, 7|d; two 661 b, 7£d; two 661 b, 7gd; one 551 b, 7gd- four 561 b, 7|d; one 641 b, 7id; onie 701 b, 7id; one 661 b, 7Jd; one 531 b, 7&d; three 661 b, 7£d; one 711 b, 7£d; three 621 b, 7d; 13 631 b, 7d; on© 69ilb, 7d; one 721 b, 7d; three 751b,'7d; twO 721 b, bid; four 661 b. 6£d: four 641 b, 6ld; one 671 b, 6£d; 14 671 b, 6|d; 22 531 b, 6fd five 631 b, 6|d; three 651 b, 6|d; two 761 b, 6£d; two 561 b, 6£d; three 671 b, 6|d; four 541 b, 6§d; 10 731 b, 6ld; nine 621 b, 6|d; seven 561 b, 6fd; three 671 b; 6§d; five 561 b, 6id; seven 621 b, 6id; two 441 b, 6£d; six 481 b, 6£d; eight 491 b, 6id; four 551 b, 6JW; five 561 b, 6id; six 631 b, 6id; four 481 b, 6£d; two 791 b, 6id. Oow: Two 581 b, 6gd; seven 601 b, 6§d; 28 471 b, 6id; two 691 b, 6£d; three 631 b, 6id per lb. We quote: Ox: Extra stout heavy, 8d to 9£d; stout heavy, 7d to 7Jd; heavy, 6£d to 7d; medium, bid to 6|d: light, 6id to 6gd. Oow: Stout heavy, 6£d to 7d; heavy and mledium, 64d to 6|d; light, 6id to 6|d; damaged and bad-conditioned ox and cow, from 4£d to 6d; bull and stag, 4£d to sd. Calfskins, B|d to 9£d for best; medium, 7fd to B£d; damaged and inferior, 2id to 6d per lb. The New Zealand Loan and Mercantile Agency Obmjpamy report having held the fortnightly sale of hides at their stores on Thursday. The usual number of buyers were present, and there was keen competi-i lion. Tttie catalogue consisted mostly of good-conditioned abattoir hides and a mrmbeir of country consignimemits. Prices for light and medium-weight hides were firm at last sale's rates, While heavy-weights showed an advance of id per lb. Calfskins were again keenly sought after, and sold at up to wid per lb. Quotations.—Ox hides: Prime stout heavy, to B||d; stout heavy, W to 7|d; medium-wea'ght, 6|d to 6fd;

light-weight, 6id to 6id. Oow hides: Heavy, 6|d to 6|d; medium-weight, 6id to 6id; light-weight, ,6gd to 6£d; inferior ox and cow hides, 4£d to s|d; bull and stag hides, 4gd to sid; yearlings, bid to 6fd; calfskins —best, 9d to 9jd; mediuim to good, 7id to 8d inferior, to 62d. Messrs Donald Reid and Ob. report as follows: —We held our fortnightly sale at our stores- on Friday, when we submitted a medium-nsdzed catalogue to a representative ga.thering of the fade. Competition was keem, but prices were much about the same as those lately ruling. Our catalogue was composed of consignments) from the abattoirs and country butcheirs,'. but there were no hides of extra good quality. Calfskins were keeniy sought after, and we obtainied 9W per lb for a choice lot. We quote: Stout heavy ox, Hd to per lb; heavy do, 6fd to 7W; medium, to 6|d; light, 6id to bid; heavy oow, 6|d to 7d; (medium, 6£d to 6|d; light, 6d to 6|d; bull and stag, 4£d to sid; best calfskins, 82d to 9id; medium, to Bid; out and skppy, 4d to 7d.

RABBITSKIN SALES. Messrs Dalgety and Co. report as follows:—We held-our weekly auction sale of rabbitskins on Monday, when we again offered a large catalogue. Competition was very animated, and prices fully maintained the high rates of last sale. Offerings are falling off in quality more every week, a large proportion being outgoing. All classes, however, brought full rates, and the following are quotations:—First winter does, 20d to 21d; winter dees, 16d to 17£d; first winter bucks, 16d to outgoing winters, 12£d to 14d; autumns, to 14d; racks, 7£d to summers, 4£d to 7|d; prime winter blacks, to 22^<i; other blacks, 9jd to 16|d; springs, 104 d to Hid. SALE OF A DAIRY HERD. Messrs Wright, Stephenson, and Co. report as follows: —We held a most successful displenishing sale- at North-East Harbour on the 10th on account of Mr Fred!. Hellyer. Owing to expiry of leases Mr Hellyer's dairy herd was offered for unreserved sale, his intention being to give up his milk run and go in exclusively for pedigreed Jersey oattJe. For many years past he has been the most prominent exhibitor of this valuable breed of dairy cattle in Otago and Southland, and as a large proportion of his crossbred cows have a strong infusion of Jersey blood in their veins, great interest was taken in the sale. There was a splendid attendance of the public, buyers being present from Edendale, Mataura, Lawrence, Catlins, Balclutha, Taieri, Seacliff, Palmerston, Oamaru, Waimate, and Lyttelton. Most of the best cows were in calf to the well-known champion bull Goddington 111, and Mr Hellyer gave buyers an opportunity of inspecting this valuable sire before the sale. Goddington 111 was bred by Mr George Gould, Christchurch, and is by the imported bull Goddington, out of a noted showyard cow, also imported. The whole herd was in excellent condition, and bidding from start to finish of the sale was most spirited, record prices being obtained as follows:—One cow, at £l6 ss; one cow, at £l4; one cow, at £l2 15s; one cow, at £l2 2s bd; one cow, at £11; one cow, at £lO 10s; one cow, at £lO 7s 6d; one cow, at £10; one cow, at £9 17s 6d; one oow, at £9 12s 6d; 26 cows and heifers, to £9; six heifer calves, to 12$ guineas.

i OTAGO FARMERS' HORSE BAZAAR. i The Ofcago Farmers' Co-operative Aesocdatiorf of New Zealand report:—We held our weekly horse safe at our horse bazaar on. Saturday, whem we offered a good number of draught and light harness horses. The attendance was nob as large ae usual, but a fair percentage of the horses found new owners. A oonsigniment of spring-vanniers from Mouth were eagerly competed for, and were disposed of at full market value. Good draught mares and geldings were in keen demand, and we could have placed several more of this sort had they been available. Express horses and good heavy spring-carters are also inquired for. We quote: Extra good Clydesdale mares and fillies, suitable for stud purposes,' 50 to 75 guineas; good young draught mares, £35 to £45; superior young draught geldings, suitable for shaft or lorry work,-£35 to £45; extra, to £55; ordinary draught mares and geldings, at. from £25 to £32; aged draughts, from £8 to £2O; strong upstandinig vanners, at from £lB to £3O; heavy spring -carters, at from £lB to £25 ; ordinary spring -carters,. at from £l4 to £25; upstanding buggy horses, at from £l6 to £22; hackneys and ooh ponies, at ; from £8 to £l2. SALE OF SEASIDE SECTIONS. There was a large attendance at the rooms of Messrs Park, Reynolds (Ltd) Wednesday afternoon, when a large number of sections in the township of Colinswood, Macandrew's Bay, belonging to the estate of tlie late Hon. Jas. Maeandrew, were offered for sale by auction. There was a keen demand for the sections, and

satisfactory prices wore realised, the aggregate prices of the areas sold being no less than £2850. The names cf the buyers and the prices realised are as follow:—'Section 1. Mr, A. Ky:e, £6l; section 2, Mr T. K. Harty (as agent), £92; section 3, Mr A Kyle, £35; sections 4,5, and 6, a client, £42 each; sections 7 and' 8, Mr S. Leith, £4B each; section 9, a client, £4l; section 10, Mr D M'Goun, £4O; section 16, Mr P. A. Young, £47; sections 17 and 13, Captain Sundstrum, £49 each; section 19, Mr Taverner, £7O; part of section 20, Mr Taverner, £62; section 21, Miss Mathieson, £537 section 23, Mrs Mason, £SO; section 25, Mr C. A. Hutton, £4O; section 25, Mrs Farquharson, £4O; section 27, Mrs Hood, £4l; section 30, Mr S. Leith, £3B; section 32, Mr J. G. Donaldson, £SO; section 33, Mr Fairbairn,, £35; section 34, Mr P. H. Young, £47 10s; section 55, Mr S. Leith, £34; section 36, Mr J. W. Dougall, £46; section 38, Mr W. B. Taverner, £42; section 40, Mrs R. E. Martin, £3B; section 44, Mr S. Leith, £32 10s; section 46, Mr J. Dickson. £35;. section 50, Mr A. J. Bolwell, £32; section 52, Mr A J. Bolwell, £37 10s; sections 54 and 55, Mr T. K. Harty, £29 103 each; section 56, a client, £52; section 57, same buyer, £125; section 53, Miss F. B. Hellyer, £125; section 59, same buyer, £59 10s; section 60, same buyer, £6O; section 61, same buyer, £36; section 62, same buyer, £3B; section 63, same buyer.. £36; section 64, same buyer, £3B; section 65, same buyer, £36; section 66, same buyer, £3B; section 67, Mr F. Wilkinson, £33 10s; section 68, Mr T. M. Walker, £44; sections 69 and 70, Mr F. E. Hellyer, £3B each; section 71, Air S. Leith, £3O; section 72, Mr S. Leith £36; section 73, Mr H. Scotet, £42 10*; section 74, Mr F. E. Hellyer (as agent), £sl; sections 77 and 78, Mr Ernest Hellyer, £57 10s each; section 79, Mr Hastie, £6O: section 80. Mr F S. Hinkley. £72 10s; section 81, Mr F. E. Hellyer, £9O.

PROPERTY SALES. The New Zealand Loan and Mercantile Agency Company, Wellington, report having sold, on the 10th inst., Braemore Estate, belonging to the executors of the late H. S. Hadfieid, to Mr S. R. Hammond at a satisfactory price. GREYMOUTH, October 13. G. W. Moss and Co. yesterday sold the old-established Totara Flat business, hotel, store, bakery, and 43 acres of land, freehold, to Mr Charles Lloy«J, of Blackwater, for £2600.

Oct. 6. Oct. 13. Now South Wales 4's ... 104 104 New South Wales 3i's New Sr-nth Wales 3 s ... 984 984 ... 86 86 Victorian 4's ... 102 102 Victorian 34's ... 98 98 Victorian 3's ... 844 844 Queensland 4's ... 102 102 Queensland 34's ... 96A 964 Queensland 3's ... 86 86 South Australian 34's ... 98 98 South Australian 3's ... 82 82 New Zealand 4's ... 1024 1024 New Zealand 34's ... 97 974 New Zealand 3's ... 854 854 Tasmanian 34's ... 97 97 Tasmania.!? 3's ... 844 844 West Australian 34's ... 954 954 West Australian 3's ... ... 85 854 The wheat markets are steady. On the