COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 3029, 3 April 1912, Page 23

COMMERCIAL CABLEGRAMS.

LONDON, March 26. Wheat: Throe Australian cargoes sold at 373 9d; two at 38s; two at 33s 3d and 38s lid; one each at 58s and 38s 6d. Copper: Snot, f 67 17s 6d ; three months, £63 12s 6d; electrolytic, £7O 10s. March 27. Wheat: Parcels from three ports, January and February shipment, sold at 37s 9d, an Australian cargo at 37s parcels from three ports and two cargoes at 38s four cargoes at 38s 3d, and one cargo each at 38s and 38s 10£d. Tallow: 1160 casks were offered, and 470 sold. Prices are unchanged. Tho American visible wheat supply is 112,449,000 bushels. March 28. Wheat: Four Australian cargoes have been sold at 38s, 38s respectively. March 29. The Bank of England returns show that the stock of gold coin and bullion is £36,711,000; reserve, £28,231,000; proportion of reserve to liabilities 43.30 per cent. The note? in cimilation total £28,494,000 ; public deposits, £25,856,000 ; other deposits, £39,371,000 ; Government securities. £14,283,000; other securities, £41,100,000. The bank rate of discount is 3£ per cent. Short loans are discounted at 3| percent., and three months' bills as follows: —London, 3 7-16 per cent.; Paris, 3 per cent. ; Berlin, 4| per cent. Consols are quoted at £7B. The following are the quotations for colonial Government stocks, compared •with those ruling a week previous:

The wheat market is firm. Buyers are pressing, but holders are asking full late rates for cargoes. The sum oJ 38s 9d has been paid for Australian parcels nearly due and 37s 9d for March-April shipment. There is a quiet demand for spot

' at 4f>3 6d ; New Zealand (nominally) 38s 6d to 395. Two Australian cargoes have been sold at 38s 6d and 39s 6d respectively. The flour market is quiet. | Oats are firm. B Gartons, April-May shipment, are offering at 23s ; La Plata, ' April-May shipment, 17s 3d. ; Peas are flat, and prices are unchanged. I Beans are firm. Old New Zealand (nominally), 37s to 395. 1 The butter market is demoralised. Although supplies are small buyers are refraining from operating. Danish, 131 s ' to 1345. Choicest Australian, 122 s and occasionally 1245; secondaries (almost un- ' saleable), 116 s to 120 s. New ZealandChoicest, 124 s to 1265. The cheese market is quiet. New Zealand 74s to 74s 6d. The Bradford wool market is firm. Prices are unchanged. j March 31. At the sheepskin sales 4838 bales were offered and the bulk sold. There was fair competition for merinos, prices being practically unchanged, though there was a j slight upward tendency. All crossbreds ! advanced to id. I Hemp: Quiet. March and May shipments, £2l 10s. j Jute: March and April shipments. £23 ■ 10s - Rubber, 4s llj>d per lb. Cotton: April and May shipment, 5.95 d. ! Rabbits. Flat. Large Sydney.s, in store, 15s to 15s 6d. Copra: Firm. South Sea, in bulk, £24 17s 6d. SYDNEY. March 26. The price of wheat has risen to 3s 9£d per bushel. LONDON SHARE MARKET. LONDON, March 26. City ol Sydney, £101; Melbourne Gas Conmanv, £lO2. I LONDON SHEEPSKIN MARKET. The New Zealand Loan and Mercantile i Agency Company is in receipt of the foli lowing cablegram from its London office concerning the sheepskin sales on the 29th ! ultimo: —''Good demand for sheepskins; prices ruling in sellers' favour." THE WOOL SALES. LONDON, March 26. The list is closed for the second series of wool sale*. The arrivals are 602,500 bales, of which number 343,500 bales have been forwarded, leaving available for tho sales 273,000 bales, j March 31. At the Antwerp wool sales 4525 bales of La Plata were offered and 2334 sold. Merinos were 3 per cent, above February ' rates, and crossbreds 5 to 7 per cent. The National Mortgage and Agency Company of New Zealand is in receipt of a cablegram advising the opening of the : March series :—" Expect a firm market; in favour of offering at the beginning of the series. Buyers are short of supplies; look for satisfactory sale." DUNEDIN MARKETS. WHOLE3A.I.E PRODUCE REPORTS. Lindsay and Columb, Princes street south, report under date the 2nd inst. : , \Vh«a; per bushel. per ton Best milling ... :W4 Oaten chaff Medium <io 8/ti 8/.S I'rime SO/o—Bs/0 Fowls' ... 3/4—3/6 Medium s»i/U—6 J/0 Milling oats 2/2—f/3 Ryegrass 'ind clover Feed oats ... 1/.0—2/0 hay ... 70/0 I Malt barley ... 4/9 Straw: > Feed barley ... 4/6 Wheaten ... 35/0 Cape barley ... 4/3 Oaten.. 25/o—4o/0 .Maize ..'. ... 4/0 Onions, good ...1(50/0 (Can tei bury) per ton. Rolled bacon ... 10d Flour, in 200's ..175/0 Side bacon ... flit Flour, in 50'- .. I*6/0 Smoked hams ... lOil Pollard ISO/ Cheese 74 I Bran 95/ Silt butter lOJd —llji Oatmeal, in 25's 270/0 Occordius to quality) I Pearl bailey .. 280/u I Kgga. fresh l/.l—l/0 ' Potatoes. —Market firmer Prime, £1 to £4 ss; medium, £3 10s. Owing to tho continuous bad weather farmers have stopped digging potatoes, and the market shows a firmer tendency. Wo have been handling some fine lines of southern potatoes, and those have sold as high as £1 2s Gd per ton, with a good demand. FISH AKS DAIRY PRODUCE. Messrs Irvine and Stevenson. George street | report payni<: for produce during the week ending the 2nd hist., as follows: Fresti fKjio. Is SJ doz ' I Septrator butter, lOJd Sil' t>ir ter : nut lmyinc | per lo Fresh butter, good ordinary (in lib and Jib prints), 9d to lid per lb. ■ Pigs, 1301 b to IGOlb, Cxi. Honey, 3Jd. Fowls, 3s to 3s 6d (boiling). Potatoes, new, £1 5s per ton. THE HIGH COMMISSIONER'S CABLEGRAM. WELLINGTON, March 27. 1 The High Commissioner cables, under date London, March 26 (quotations unless otherwise specified are average market prices on spot) : | Eggs are in fair demand for better grades. ' The strike is seriously impeding business, i Quotations, per 120; Home, 8s to 9s; ! Italian, 7a 6d to 9s 3d; Danish, 3s 3d to 10s 1 3d ; Austrian, 6s bd to 7s 9d. Poultry are in fair local demand. The supply is small, but constant. Chickens: i Home, lid to Is per lb; Russian, Bjd to i9Ad; American, B£d to lOAd. Ducklings: I Home, Is to Is 3d; Russian, 6d to 7d; • Chinese, to 6id. Turkeys: French, lOd I to Is; Italian, Sd to 9d. I The bacon market is rather quiet. Sides ! of Irish, 55s to 69s per cwt; Danish, 52s to 635; Russian. 50s to o4s; Canadian, 53s to 58s. Hams: Market quiet, but firm. English, 88s to 104 s; Irish, 86s to 100 s; Canadian, 52s to 635; American. 54s to 58s. April 1. The High Commissioner cables under date London, March 30 (quotations, unless otherwise specified, are average market prices on spot) : General. —Tho strike is subsiding, and thero is a proposition to settle the strike by arbitration. Mutton.—Market firm ; more demand for light weight. Canterbury not quoted. Average price (not quoted average price), nominally, 4|d; North Island, 3|d to 4ad. Lamb.—Market firm, with good demand for all lamb. Canterbury, Canterbury, s|d. Beef. —Market firm, with a limited supply.

New Zealand hinds, 4£d; New Zealand fores, 3id. Butter.—Market slightly weaker, with less demand. Buyers are cautious. The weather continues favourable for Home production. Average price for the week for choicest New Zealand butter. 125 s per cwt; Danish, 1325; Australian, 121 s; Argentine, 121 s; Siberian, 1235. . Cheese.—Market quiet, and prices slightly weaker. Average price for the week for finest New Zealand cheese, 745. Hemp.—Market about the same. Spot, New Zealand, good fair, £2l 10s per ton; New Zealand fair grade, £2O; fair current Manila. £2l 10s; forward shipment New Zealand, good fair, £2l 15s; New Zealand fair grade, £2O ss; fair current Manila, £2l 15s. The output from Manila for the week is 29,000 bales. Hops.—Market remains firm at last quotation. English, £l3; Californian, £l2. There is a general active den and. Wheat.—Market quiet, but finm. Oats. -Market firm, with an improved domand. Beans.—Market firm, owing to reduced j supplies. Peas.—Market slightly weaker, with less demand ; large supplv. The cocksfoot seed market is quiet. I Buyers are not keen to do business m cocksfoot seed. OAMARU MARKETS. (Fbom Ouh Own Correspondent.) OAMARU, March 30. The news received on Thursday of a hardening on the London wheat market produced an upward movement here, with ail eager inquiry, but rain having stopped threshing offerings from the cr-untiy ware limited, and full advantage could not be taken of the chance to do business on a . big scale. The market opened at 3s 5d net, at country stations, and on those terms some substantial transactions were recorded the sales including two mixed lines of 2000 sacks and 1800 sacks respectively, besides several other lines of 700, 600, and 500 sacks each, and straight lines ranging from 400 sacks downwards. A mixed line of 800 sacks was also secured at 3s s id, less biokerage. at a country station. Thereafter the market moved upwards, and subsequent business was on the basis at 3s s£d net, at country stations, three lines of velvet, consisting of 1400, 1200, and 700 j sacks each, being included in the purchases at that figure. Later on another rise of id ! took place, and several sales were recorded i at 3s 6d net, at country stations, including | one of 2500 sacks of velvet and Tuscan. Sales of some small parcels are reported at 3s bid net, at country stations, and the market closed firm ; but there is something imoro than a feeling of curiosity as to what the next news of the London market will be. A lino of 600 sacks of fowl wheat was taken at 3s Id net, at a country station. Oats are not yet coming freely on to the market, and any coming forward find purchasers at the previous week's j values. There is a good inquiry for Algeians, but there arc not many of that variety obtainable here. A few small lines were offered, 'and found ready buyers at from 2s 6d to 2s 8d net, at country stations, j Cartons have formed the bulk of the offer- j ings. One lino of 800 sacks was acquired j at Is lid net, at a country station, but ] nearly the whole of the business has been done 'at is Hid net, at country stations, for good feed samples, the transactions on , those terms including three substantial lines of 1200, 1000. and 800 sacks respectively. | For a line of 650 sacks of A grade Gartons ] 2s net, at a country station, was paid, and a parcel of duns brought id more. Four small lines of malting barley changed hands at from 4s to 4s 3d net, ail country stations, the higher figure being given for a bright, plump sample. A par- I eel of Cape barley found a buyer at 3s 6d , net, at a country station. The lifting of potatoes has not yet been j very actively entered upon, and supplies | coming forward are only about suffi- I ci< nt to meet requirements. The week's sales have been made at prices ranging from £3 to £3 7s 6d net, at country stations. SOUTHLAND MARKETS. CFsok Our Own Cokbxspondent.) IXYERCARGILL, March 30. There is rather more inquiry for oats this week, and the market is a shade firmer. Offers are being received from Australia at 2s 4<l (f.0.b., sacks in) for A grade Gartons and 2s 3d for B grade Gartons. One | or two samples of the new crop oats have been offered from the country on the basis | of Is 10id to Is Hd on trucks at country stations, according to distance from port. A considerable quantity of new chaff is offering, but merchants are not anxious to stock up in the meantime. A little business has been doing at £3 to £3 2s 6d on trucks at country sidings. Very little old chaff is offering, and it. is worth from £3 10s to £3 15s on trucks. Not a great deal of ryegrass is offering, farmers being too busy harvesting their j oats to oume into town. A fair quantity ' has been secured by local merchants, and i so far the bulk of the seed has turned out in very fair order. It is somewhat light in weight", but the condition has turned out better than was at one time anticipated. | No doubt there is a quantity of inferior seed in the country, but so far this is not ! on the market. A good deal of old seed is held locally, and merchants arc not in- : clineci to lay in heavy stocks. From what I tan gather they are turning over quickly ! any lines of new seed they may get in pre- j fere nee to holding for any problematical rise. For 251 bto 261 b seed a.s high as 2s j 2d on trucks has been given. The bulk of the seed is running about 221 b, and for , this weight Is &d to Is 10(1 is being paid. ! It is probable that the potato crop in Southland this year will Ik; smaller than for j some years past. The price locally is £4 I per ton on trucks at country stations, but very few are offering. If the crops outside of Southland are not any better than ours, potatoes will bring high prices this year. GRATX AM) 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: There is good demand for prime Gartons and Sparrow hi lis, prices for which are well maintained. Most of the consignments coining forward, although more or less discoloured, are in sound condition, and meet ready sale on arrival. Prime milling, 2s 2d to 2s 2id; good to best feed, 2s Id to 2s 2d ; inferior to medium, Is lid to 2s per bushel (sacks extra). Wheat: There is ready sale for all new wheat in milling condition at prices somewhat in advance of late quotations. Fowl wheal, which is arriving moro

freely, also meets good inuqiry. Prime milling velvet, 3s 7d to 3s 8d: Tuscan, etc.. 3s 6d to 3s 7d; medium milling and beat whole fowl wheat, 3s 4d to 3s 6d; medium fowl wheat, 3s 2d to 3s 3d; broken and damaged, 2a 9d to 3s per bushel (sacks extra). Potatoes: Moderate supplies are coming forward. There was keen competition for the few prime lot.-, offered, which realised £4 to £4 6s per ton; medium and stale had litfle attention, and were hard to quit at £3 5s to ,£3 10s per ton (bags included). Chaff: The market is poorly supplied with prime chaff, for which there is a strong demand at £4 5s to £4 10s; best, new chaff in the present bare market is worth £3 15s to £4; medium to good. £3 to £3 lCs per ton (bags extra). Messrs Dalgety and Co. report as follows: We, held our weekly auction sale of grain and produce at our stores on Monday, when we offered a mixed catalogue to the usual attendance of buyers. Prices ruled as follows:—Oats: There is nothing fresh to report. There is a good demand for prime samples. Best old oats, 2s 3d to 2s 3id; best new oats, 2s Id to 2s 2d; medium, 2s to 2s Id; inferior. Is Hd to 2s. Wheat: The market is firm, and there is a gocd demand for prime milling. Owing to the large quantity of fowl wheat coming forward the market is easier. Prime velvet, 3s lOd ; velvet ear and Tuscan, 3s 8d to 3s Sd; best whole fowl wheat, 3s 3d to 5s Yd; broken and damaged, 2s 6d to 3s. Potatoes: There is a good demand for prime table varieties. Best, £3 17s 6d to £4 2s 6d; medium, £3 to £3 10s; inferior, £2 10s to £2 17s 6d. Chaff: Owing to the small quantity coming forward there is a good demand. Best old chaff. £4 to £4 10s; best new chaff, £3 to £4; inferior, £2 to £2 17s 6d. HIDE SALE. MELBOURNE, March 28. At the hide sales there were fair supplies. Kips and light sorts were £d lower, but others were firm. Messrs Waters, Ritchie and Co. report as follows :—We held our usual fortnightly sale of hides at our stores, Crawford street, yesterday afternoon. There was the usual attendance of buyers, who were keen to operate at late rates. Owing to the recent wet weather, the condition of the offerings was not as good as usual, and, taking this into consideration, the extreme prices lately ruling were well maintained. Our best price was per lb; which is probably the highest price ever paid in the Dominion. Our catalogue consisted of 579 hides and 307 yearlings and calf-skins—-a total of 886. Our best price for ox was and for cows 7d per lb, while in money •value the former brought £2 14s sd, and the latter £2 0s 8d each. The following were some of our best prices:—Ox : 0110 711 b, 93d; four 741 b. 9^d; two 681 b, B|d; one 681 b. 8S<1; two 651 b, B|d ; one 601 b, B|d; four 731 b, 8-Ad; five 631 b, B£d; one 681 b, Bid; ono 721 b, Bid; two 731 b, 8d; six 571 b, 8d; six 621 b, £d three 681 b, 8d; three 671 b, 7Ad; four 551 b, 7gd; nine 651 b, 7§d; five 671 b, 7fd; one 641 b. 7|d; three 541 b, 7|d; four 631 b, 7|d; fifteen 631 b, 7id; one 581 b. 7id; one 601 b, 7id; one 721 b, 7id ; ono 661 b, 7id: eighteen 551 b, 7|d; two 69 lb, 7gd; four 5711), 7gd; one 711 b, 7gd; two 621 b, 7gd; four 561 b, 7|d; nine 641 b, 7fd; two 72 lb, 7id ; seven 631 b, 7-id; eight 571 b, 7^d; one 741 b, 7d; four 501 b, 7d; seventeen 551 b, 7d. Cows: One '67lb, 7d; three 621 b, bid; one 751 b, 6?d; ten 451 b, 6gd ; one 611 b, 6gd ; forty-one 441 b, 6§d; twenty 531 b, 6gd; six 561 b, 6|d; eighteen 631 b, 6^d; nine 371 b, 6|d; forty-four 551 b, 6§d; four 561 b, 6|d; five 531 b, 6gd; two 761 b, 6fd; sixteen 471 b, 61d; eight 611 b, 6|d; four 641 b, 6|d; four 621 b, 6fd; seventeen 461 b, 6Jjd; six 501 b, 6£d j two 421 b, 6id; four 491 b. 6id; three 641 b, 6Ad; thirteen 541 b, &id ; three 351 b, 6id ; ten 471 b, 6id; two 371b,-6id; and two 391 b, 6id per lb. We quote: Ox —Extra stout heavy, 8d to 9id; stout heavy, 7|d to 7 7 a d ; heavy, 6id to 7id; medium. 6Jd to 7!d; light, 6.jd to 7d. Cows —Stout heavy, 6jd to 7£d ;

bear/ and medium, 64_d to bid ; light, 6£.d to 6gd; damaged and bad-conditioned ox and cow, from 4jd to 6d: bull and stag, 5d to old. Calfskins, 10£d to 10|d, for best; medium, 9Jd to 10gd; damaged and inferior, 2,!d to Bid per lb. Messrs Stronach, Morris and Co. report as follows : Wo held our fortnightly said of hides at our stores, on Thursday morning, when there was the usual attendance of buyers. Bidding was very brisk, and prices were fully up ro last salo's high rates. Our top prioo was 94_d for one ox hide weighing 70ib. We sold a large number of lines from 8d to Bgd. In cow hides our highest price was 6|d. In money valuo we sold ox hides to £2 12s 3d, and cowhides to £1 lis 6d. The following were actual prices paid at our sale: —Extra stout heavy ox, 8d to 9id; stout heavy, 7£d to lid;' heavy, 6id to 7^d; medium, 6id to 7id; light weights. 6id to 7d; stout heavy cow hides, bid to &gd; heavy, 6£d to 6Jd; light. 6jd to bid ; damaged and inferior ox and cow hides, from 4id to 7id; bull a:*d stag hides. 5d to 53d. Best calfskins, lOd to 10A.d per lb; medium, 9d to 9gcl; damaged and inferior, 2d to 7|d. The New Zealand Loan and Mercantile Agency Co. report as follows:—Wo held our fortnightly sale of hides, at our stores, on Thursday," when wo submitted a medium catalogue to the usual attendance of buyers Late rates wero well maintained, especially for prime stout ox hides, while calfskins aro still in good demand. Our top price for ox was 7i.d. cow- bid, and calfskins lOJd. Wo quote T Ox, extra stout heavy, 81d to 9Jd; heavy stout. 7id to 8d ; heavy, 6id to 7id ; medium. 6ld to 63d. Cow. stout heavy. bid to 7-id: medium 6Ad ro 62d; light, 6id to bid. Calfskins. lOAd to lOJd for best, medium 9Jd to 10id, damaged and cut to Bid. , . Messrs Dalgetv and Co. report having held their fortnightly sale of hides at their stores on Thursday. Their catalogue wk composed mostly of slaughtered abattoir hi&s of medium to good quality, the balance being the ordinary country hides. There was a good attendance of buyers, and bidding was keen throughout, fio that the late extreme prices were well maintained. In money value they sold: —Ox hides up to £2 lis. and cow hides to 3Gs. The following aro the quotations:—Extra stout heavy ox, 8d to 9d; stout heavy ox, 7d to 7|d; medium and light, 6-U1 to 6Jd; best cow hides, bid to 6|d J light to medium, 6id to lings, to 7£d. Messrs Wright, Stephenson, and Co. rojK>rt as follows:—We held a most successful &ale of hides on Thursday in our store 1 !, when we offered a large catalogue to tho usual gathering of buyens. We had somo extra prime lines of stout heavy ox and cow hides included in our offering, arid these elicited' most spirited bidding; in feet, competition for all classes of hides was very animated, and we cleared our Catalogue at the extreme high prices ruling at our previous sale. Our top price in oxhides was 91/1 II), and several other lota realised from to 9d per lb. In cowhides we obtained 7d per lb, and for calfskins lUgd. Our Lest gross returns in oxhides were £2 18s Bd. £2 13s 3d. and £2 13s 2d. and in cowhides £1 14s 7d. The Dunedin market is in a very buoyant slafo at present, and prices remain very firm afc recent high levels. The following are top prices naid at our sale:—Oxhides: Ono 631 b. 9sd; one 761 b, B|d; two 761 b, B|d; one 781 b, B§d ; one 611 b, B|d; one 641 b. 3£d; one 881 b, Bgd; one 601 b, 7£d; eight 6blb. 7|d; one 761 b. 7gd: five 55M). 7gd; five 611 b, 73d; two 601 b, 7jd; one 621 b, 7jjd; one 70!b, 7gd; one 581 b\ 7Jd; three 711 b. 7|d; six 6Slb. 7|d: 13 631 b. 7-gd * nine 651 b, 7id: eight 671 b, 7£d. Cowhides: Three 291 b, 7d ; two 301 b, bid ; live 551 b, 6|d ; one 571 b. 63d; two 61!b, bid; two 6911 b, 63d; two 641 b, 65<1; five 521 b, 6§d; two 511 b, 6Jd; eight 401 b. 63d; one 461 b 63d; five 471 b, 63d; 19 461 b. 61d; six 504 b. 6M; nine 491 b. 6id ; nine 411 b, bid ; one 451 b. 6§d ; tfuee 401 b, 6gd; one 381 b, 6gd; one 371 b, 6fid. We quote:—Ox: Exti-i stout heavy, 83d to 9jd ; stout. 3d to 83d; heavv. 7£d to 8<1: medium, 63d to 7id; light, bi,d' to 63d. Cow : Stout

heavv, 6Jd to 7d; medium, to 6Jd; li<dit* bid to yearlings, 6jd to 7 2 d j calfskins, beet, lOd to 10|d; medium 9>l tc lOd'- inferior and cut, 8d to 9d; bulls, bid to'ogd; horsehides, to 10s. Anything damaged or inferior at lower rates. CLEARING SALES. Messrs Stronach, Morris and Co. report having held a most successful clearing sale for Mr Duncan M'Gregor at his farm, Flag Swamp, on Tuesday. There was a verylarge attendance, the number being estijnated at fully 300. Mr M'Gregor brought forward his stock in very good order, and buyers being keen to purchase, prices were highly satisfactory. Considering that the cows were practically all spring calvers, the following prices show how keen the competition was:—One cow £8 15s, one at £8 12s 6d, one at £8 2s 6d, one at £B, three at £6 17s 6d, one at £6 15s, two at £6 ss, three at £6, and the balance at £5 2s 6d to £5 15s. The horses were also well competed for; and brought from £2O to £3B each. The implements were in capital order, and these, together with the sundries ,all found buyers at full market value. Messrs Stronach, Morris and Co. report having held a clearing sale for Mr William t!ockerill at Merton. The attendance was satisfactory, those neighbours who were, not busy harvesting attending in large numbers. The sale was not a large one, but everything offered sold at satisfactory prices, the cows bringing up to £B. heifers to £4 10s, horses to £ls 10s, and implements and sundries at current values. SALE OF STOCK. Messrs Dalgety and Co. report having held, on behalf"of Messrs David Murray (Clydevale) and George Anderson (Stirling), a sale of surplus stock at the Balclulha Yards on Thursday. The yarding was made up of about 1000 sheep, 150 head cattle, and about 50 horses. There was a large attendance of the public, buyers being present from the Taieri to Gore, with the consequence that a very satisfactory sale resulted, practically all the entry being sold at good prices. The following are the prices realised: —Sheep—two, four, six, and eighttoth Roraney and Leicester ewes, 17s lOd to 19s 6d; forward six and eight-tooth wethers, to 16s; halfbred ewe lambs, 10s 6d ; halfbred wether lambs, 8s sd. Cattle — three-year-old bullocks, £6 17s 6d to £7 ss; heifers, £5 7s 6d to £6 18s; yearlings and 18 months steers and heifers, £2 15s to £4 12s 6d. The yarding of horses was mostly made up of yearling and two-year-old draught colts and fillies, the balance being draught mares with foals at foot. Two-year-old Allies brought from £26 to £4O; two-year-old colts, from £ls to £27 15s; draught marcs. £2l 10s to £37; yearling draughts, £l2 15s to £22 10s; draught foals, £9 to £l2. HORSE SALE AT GORE. The National Mortgage and Agency Company reports: —We held out monthly horse sale on Friday in the presence cf a largo gathering of farmers, dealers, and contractors. We offeed 67 horses of all descriptions and sold 38. The quality, except in a few oasee, was noj; up to the saverage of our laafc few sales, and inoluded a good many light sorts, for which the demand

was not too good. For good weighty young mares and geldings bidding was spirited, and all of this class forward found ready buyers. On account of Mr J. Gray, we sold a specially nice three-year-old filly at £44, and for Mr T. Coogan a heavy five-year-old gelding of good quality at £45; for Mr R. 8. Wilson, a nice quality four-year-old mare, on thj small side, brought £34 10s, and a good moving five-year-old gelding at £35; for Mr J. A. Patterson, one six-year-old mare, £36 10s; Mr T. Coogan, one six-year-old gelding, £3B; other sales being five-year-old gelding £32, do £2B, five-year-old mare (light) £3O 10s, six-year-old gelding £27 10s, seven-Tear-old mare £3O, do £29, eight-year-old mare £27 10s, do £26, six-year-old gelding £2B 10s. five-year-old gelding £29, four-year-old spring-cart mare £22, aged gelding £22, eight-year-old mare £lB 10s. Several hacks and harness mures and geldings changed hands at from £8 to £l3 lOr; gelding, phaeton, and harness realised £25 10s'; six unbroken colts and fillies (light), on account of Messrs Keith and M'Rae, brought from £l3 10s to £lB 10s; several iged draughts sold at from £lO to £l6. DUNEDIN HORSE SALEYARDS. Messrs Wright Stephenson, and Co. report as follows: —For Saturday's sale there was a good entry of both draught, and light harness horses. The attendance of the public was very representative, and three or four buyers were present from a distance in search of horses ready for work. The consignment from Lee Stream was made up of four draught geldings and one springcarter, and these sold at satisfactory prices, although they were in low condition. The demand for light harness horses was very limited, and only a few sales were made. There is a capital inquiry for first-class young draught geldings at present, and, as sound and reliable horses of this description are scarce, prices have a hardening tendency. We quote: Superior young draught geldings, £4O to £SO; medium draught mares and geldings, £35 to £4O; aged mares and geldings. £ls to £2O; strong spring-van horses. £25 to £3O; hacks. £lO to £l2 for medium: extra good, £lB to £25. OTAGO FARMERS' HORSE BAZAAR. The Otago Farmers' Co-operative Association of New Zealand report: —We held our weekly sale on Saturday, when we offered a yarding of 53 horses. The attendance of the public was the largest we have had for some time, farmers, town carriers, and contractors being fully represented. The centre of attraction was the entry of North Island colts and filli-.'s, bought specially in the north by the well-known judge, Mr James M'Kewen, for the Dunedin market. The sale opened with a well-matched unbroken pair, five years old, and after spirited bidding they were knocked down at £63. The balance of his consignment was also übjected to close inspection and keen bidding, and the whole of the shipment was disposed of at satisfactory prices. Other country consignments came from the Heads, Shag Point, and Glenomaru, and were cleared at good prices; in fact, every horse that would suit either farm or town carrying work changed hands at full value. On account of the Easter holidays, there will be no sale- next Saturday. We uuote : Good young draught marcs, at from £3B to

£45; extra good Clydesdale mares, suitable for stud purposes, £45 to 80gs; superior young draught geldings, fit for shaft and lorry work, £3B to £4B; extra, to £55; ordinary draught mares and geldings, at from £23 to £3B; aged draughts, at from £lO to £2O; good strong upstanding vanners, at from £26 to £33; heavy spring-carters, from £2O to £27 10s; ordinary spring-carters, at from £is to £2O; upstanding buggy mares and geldings, from £l6 to £25; hackneys and cob ponies, from £8 to £ls.

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