COMMERCIAL CABLEGRAMS.

Otago Witness, Issue 3033, 1 May 1912, Page 21

COMMERCIAL CABLEGRAMS.

LONDON, April 24. At the tallow sales 1953 casks were offered and 1661 sold at 6d advance. The American visible wheat supply is 104,726,000 bushels. April 26. The Bank of England returns show the stock of gold coin and bullion to be £38,106,000; reserve, £27,299,000; proportion of reserve to liabilities, 48.42 per cent. The notes in circulation total £28,640,000 ; public deposits, £18,596,000 ; other deposits, £41,888,000; Government securities, £13,155,000 ; other securities, £34,834,000. The bank rate of discount is 3i per cent. Short loans are discounted at 2 1 per cent., and three months’ bills as follows: —London, 3 5-16 per cent.; Paris, 2J per cent. ; Berlin 3| per cent. Consols are quoted at £7B ss. Colonial Government stocks are unchanged. The Bradford wool market is steady, and firm for all sorts. Slightly more business is being done. The butter market is very dull. The demand for colonial is limited to a few of the choicest samples. Australian, 104 s to 106 s; secondary, 98s to 102 s. New Zealand, 108 s; a few 110 s. Danish, 117 s to 120 s. The cheese market is dull. New Zealand —White, 69s to 70s ; coloured, 70s to 71s. At the sheepskin sales 5474 bales were offered. There was a good attendance and spirited competition. Practically all were sold. Merino combings were firm, but unchanged, while crossbred combings were id dearer. Clothing sorts ranged from par to id dearer. The wheat markets are firm, but buyers are resting. Holders of cargoes are asking full late prices on the strength of bad reports regarding the winter wheat in the United States. The chief feature of the recent activity was the French demand for early cargoes. A good- trade has been done in parcels at from 39s to 40s 3d, according to position. Australian spot is in small supply, but there is a retail demand at 42s 6d to 43s 6d. New

Zealand, which is scarce, is quoted at 41s to 425. Tire flour market is steady. There is a good trade in oats. Cartons, 23s 9d; B grade, 23s 3d ; La Plata, MayJune shipment, 18s. Peas: Quiet. New Zealand, 36s to 38s. Beans: Dull. New Zealand—Ex store, 37s 6d to 38s 6d ; new crop, 355, c.i f. April 28, The total quantity of wheat and flour afloat for the United Kingdom is 4,310,900 quarters, and for the Continent 2,800,000 quarters. The Atlantic shipments were 191.000 quarters, and the Pacific 28,000 quarters. The totals are as follow: —Europe, 1.440.000 quarters; Argentine, 556,000 quarters; Russia, 220,000 quarters; Danubian provinces, 190,000 quarters; India, 44,000 quarters; Australasia, 90,000 quarters. Copra: Fair business in South Sea. Jute, £22 ss. Hemp; April and June shipments, £2l 15s. Rubber, 4s 9d. Cotton, April and May shipments, 6.30 id. Rabbits: Flat and unchanged. .... April 29. Wheat: Two Australian cargoes have been sold at 4Cs 3d and 39s 5d respectively. THE FROZEN MEAT MARKET. rp, , . LONDON, April 28. The following are the latest quotations for all classes of moat. In the case of those not quotea the price is unchanged: Canterbury mutton, light Apl- 20. Apt -i. Canterbury mutton, medium ... ... Canterbury mutton, heavy ..." Southland mutton *” N.l. mutton, best brands ..." ..." 3a N.I. mutton, ordinary N.Z. ewes ’** Australian mutton, light ... ”... Australian mutton, heavy .' 3 j.jg Australian ewes ’’’ Hirer Plate mutton, light Hirer plate mutton, heavy ... .". 37 ig 31 Hirer Plate ewes 3 s 'j 6 1 Canterbury lamb, light ." _ ‘ 5a Canterbury lamb, medium ... ... 5 1.18 Canterbury lamb, heavy 51 ' North. Island lamb, selected ... 5| North Island lamb, ordinary ... 5 7.15 Southland lamb, selected ' Australian lamb, best brands ... r>i Australian lamb, lair quality ... 5 Australian lamb, inferior 4J Hirer Plate lamb, first quality Hirer Plate lamb, second quality New Zealand beel, fores New Zealand beef, hinds Australian beef, lores . Australian beef, hinds 4 H. Plate beef, chilled fores ... 3J H. Plate beef, chilled hinds 4J (?) 11. Plate beel, frozen fores 3$ R. Plate beef, frozen hinds ... 4J LONDON SHEEPSKIN SALES. The New Zealand Loan and Mercantile Agency Company has received the following cablegram from its London office in this connection“ The market for merino sheepskins is firm, with an upward tendency. Crossbred combing sheepskins are Id dearer; others are par to Id higher.”

HIGH COMMISSIONER’S CABLEGRAM. WELLINGTON. April 24. The High Commissioner cabled from London on April 23: Eggs —The market is firm owing to reduced supplies. The following arc the prices (per 120): Home, 8s 9d to 9s 6d; Italian, 8s 9d to 9s 6d; Austrian, 8s 3d to 8s 9d; French, 9s 3d 1 to 10s 6d; Moroccan. 7s to 7s 6d ; Danish, 8s to 10s; Russian, 8s to 8s 6d. Poultry.—The market is steady, and fair business is being done. Prices; Chickens — Home; Gad to Is per lb; Russian, 8d lo 9jd; Americans, Bjd to lOd Ducklings— Home, 10JUi to Is 2d per Jb; Chinese, sjd to 7d; Russian, sid to 7d. Turkeys — French, 10d ! to Hid per Jb: Italian, Bid ; Russian, 9d. Bacon. —The inaiket is firm at an ad-

vance. There U a moderate demand, but the weather is fine for favourable con* sumption. Prices: Sides—lrish, 64s to 72( per cwt; Danish. 60s to 71s; Russian, 56* to 635; Canadian, 51s to 68s. Hams.—The market is quiet but firm foi English and Irish, and for American ano Canadian the market is linn, with an ini' proved demand. Prices: English, BSs U ICOs. per cwt; Irish. 84s to 965; Aiuericanj 59s to 675; Canadian, 64s to 725. .Silver is quoted at 27 7-16 d per oz. The Australian Mercantile Company’! stock is quoted at £IOO, and GoldsbnoughMort, and Uo.s at £9B 10s. April 29. The High Commissioner cabled from London on the 27th inst. (the quotations, unless otherwise specified, are the average market prices on spot);— Mutton.—Market quiet, prices slightly weaker. Nominal quotations:—Canterbu> r y, 4jd; North Island—light-weight 3£d, heavyweight 3id. Lamb. There is a firm demand for all lamb. Canterbury, sjd; other than Canterbury, Sid. Beef.—Market firm. The stocks of New Zealand beef on hand ore light. New Zealand hinds, 4id: fores, sid. Butter.—Market dull and unsettled. Lower prices are encouraging business. The average prices for the week were: — Choicest New Zealand butter, 109 s; Australian, 105 e; Argentine, 105 a; Danish, 119 s; Siberian, 107 s. Cheese.—Market (slightly weaker; lees demand. The average price for the Week for choicest New Zealand cheese was 70s. Hemp.—Market quiet and steady. New Zealand quotations unchanged for all positions. Good fair, £2l 10s to £2l 15s; fair grade, £2O. The mark#* If firmer for Manila. Fair current Manila on spot is quoted at £2l 15s; forward for the w-wc, 24.000 bales. Wool.—Market remains firm. DUNEDIN MARKETS. WHOLES A LX PBODUCS KE POSTS. Lindsay and Columb. Princes street south, report under date the Ist inst.

Wh<*»! per bushel. Best milling ... 3/10 Medium <io S/H Fowls' ... 3/3—3/8 Milling oatt 2/2 —2/3 Feed oat* ... 1/.0—2/0 Malt barley ... 4/9 Feed batley ... 4/6 Cape barley ... 4/3 Maize ... ... 4/ti per ton. flour, in 200’* ..176/0 Flour, in 50's .. K-6/0 Pollaru 120/ Bran 95/ Oatmeal, in 2o‘i 270/0 Pearl barley .. 2b(t/ii

I>er ton Oaten chaff i’rima 76/o—fiO/O Medium W'/O —60/0 Ryegrass and clover Kay ... 70/0 Straw ; Wheaten ... 35/0 Oaten.. 35/o—<o/0 Onions, eood2oo/0 -210/0 (Canterbury) Rolled bacon ... lOd Side bacon ... flkt Smoked hams ... lOJd Cheese ... ... 74d Salt butter ?0Jd —It}d ( recording fo unnlity) tggs. fresh l/il —1/0

Potatoes. —Market bare. Market very Gim, Prime, £9 5s to 15 IDs ; medium, £3 10a la £4 10s. ' ! .. TASK AN D DAIRY PRODUCE. Mes»r« Irvine and Stevenson. George street, report paying for produce during the week ending the Ist hist., as follows: Kresit eggs. Is Hid .1, 1 I Separator butter, 114 Salt butler ; not buying') per lt> Fresh butter, good ordinary (in lib and fib prints), 9d to lid per lb. Pigs, 130 lb to 1601 b. 6d- Honey, 3Jd. Fowls, 3s to 3s 6d (boiling). Potatoes, £5 10s per ton. GRAIN AND PRODUCE SALES. Messrs Dalgety and Co. report as follows: —We held our weekly auction sale of grain and produce at our stores oa Monday:—Oats; During the past week a largo quantity of oats has changed hands, although towards the end of last week offerings from the country wore lighter, and all bright heavy samples were readily •'laced at an advance on late ruling rates. Prime milling, 2s 2d to 2s 2£d; good to beet feed, 2s Id to 2s 2d; inferior arid medium, Is lid to 2s per bushel (sacks extra). Wheat; A good demand exists for all lines of wheat fit for milling purposes. At prices fully up to late ruling

rates, good whole fowl wheat meets with ready sale, while inferior samples arc hard to emit. Prime milling velvet, 3s lOd to 5s lid; Tuscan and read wheats, 3s 8d to 3a lOd; medium milling, 3s 7d to 3s 8d; beet whole fowl wheat, ?s 5d to 3s 6d; broken and damaged, 2s 6d to 3s per bushel (sacks extra). Potatoes: The market is moderately supplied. Prime table Up-to-Datea meet with a ready sale at prices fully'up to last week’s prices, while stale, inferior, and diseased lots are hard to quit. Choice, £5 7s 6d; good, £5 to £5 ss; inferior, diseased, and scabby, £5 to £3 10s. Chaff: The market has been barely supplied with prime quality, and any answering this description meets with a ready sale at from £3 10s to £3 15s; choice black oaten up to £4; medium and inferior samples not inquired for, and difficult to quit at from £2 10s to £3 per lon (sacks extra).

Messrs Donald Reid and Co. rcoort: — Wo held our weekly auction sale of grain and produce at our stores on Monday:— Oats: There is strong demand for prime Cartons and sparrowbills at quotations. Discoloured lines, if sound, are also readily saleable. Prime milling, 2s 2£d; good to best feed, 2s to 2s 2d: inferior to medium. Is lid to 2s per bushel (sacks >xtra). Wheat: Prime milling lines are in letter demand, and any lines of this class

are readily placed at improved values. Fowl wheat is offering more freely, and meets a fair shinning demand. Prime milling, 3e 10d to 3s lid; Tuscan, etc., 3s 9d to 3s lOd; medium, 3s bd to 3s Bci; best whole fowl wheat, 5s 4d to 3s 6d; medium, 3s Id to 3s 3d; broken and damaged, 2s 9d to 3s per bushel (sacks extra). Potatoes Tire demand for shipment continues fairly strong, and sales are being made at £5 to £5 2s 6d at country stations. Locally there is ready sale for prime lots at £5 5s to £5 7s 6d, while at our sal© one specially choice lot realised £5 15s per ton (sacks included). Chaff: Only prime quality has any attention from buyers. The market is over-supplied with medium and inferior consignments, for which there is poor sale. Best oaten sheaf, £3 10s to £3 15s; medium to good. £3 to £3 10s; light and discoloured, £2 5s to £2 15s per ton (sacks extra).

SOUTHLAND MARKETS. (From Our Own Correspondent.) INVERCARGILL, April 27. Oats. —The market is about the same as last week, and there is still a fair inquiry from Australia, sales of several thousands of sacks having been made during the past few days. Meanwhile buyers in the North Isla/id are standing off, but as a number of forward sales have boon made by south-

orn merchants, they must oome on tho market sooner or later. Merchants are pursuing a very cautious policy, and the market does not display the same firmness as would be the -case if the financial situation were more buoyant. Prices to farmers may bo quoted at from Is XOd to Is 10id for B grade and Is lid for A grade. Chaff.—The market is still very firm, as deliveries are very limited owing to farmers being busy harvesting, etc. The quantity of old chaff available is becoming very small, and new chaff is not yet much in demand. Prices to farmers may be quoted at about £3 10s on trucks for prime old chaff, and at about £3 on trucks for new, merchants supplying sacks. Potatoes.—The market continues very firm, and there is a fair number of inquiries for both immediate and forward delivery. Tho market, however, is a little erratic, and shows signs at fimee of reaction owing to its having advanced so quickly. From careful inquiry it would seem unlikely that the New Zealand grown article will be admitted to the Commonwealth except under present conditions, which are practically prohibitive. Growers will, therefore, have to rely mainly on tho New Zealand market, and if the Canterbury and Oamam districts have anything like average crops there should be ample supplies for all requirements. In Southland

it has been clearly established that good crops are the exception. Growers would do well to bear in mind their experiences of last year, and make sales while the market is lively. It is, of course, not anticipated that potatoes will fall this season to £2 or even £3 per ton, but still it is well to remember that £4- off the fork is probably equal to between £5 or £6 in August or September. For early delivery from £4 to £4 5s on trucks can be readily obtained. Wheat. —There is very little doing, as not many crops have been threshed. There is a fair inquiry for fowl wheat from the North Island, where buyers are offering about 3s 6d, f.0.b., e.i. This would net fanners about 5s on trucks. Milling -wheat is fairly scarce, and growers are asking as high as 3s 9d on trucks, but millers will not offer more than 3s 6d to 3s 7d at the outside. Ryegrass.—There is very little doing in perennial ryegrass, which Is practically a drug on the market. Good heavy lines of undressed seed are see roe, and would command from 2s to 2s 3d for 241 b seed. The bulk of this season’s deliveries, however, weighs from JJOlb to 221 b, and merchants arc not anxious for this, even at from Is &d to 2s. Italian rvograss is rather more in request, and choice lines were sold last Saturday at 2s 6d and 3s 9d respectively on trucks. These lines were considerably above the average sample of this season’s harvesting. Cocksfoot. —There is very little offering, and merchants arc quoting from 4d to 5d on trucks. Hemp.—The market is unchanged, and while London merchants are offering to buy for delivery next spring, prices are rot, sufficiently temnting to induce business. Prices offering would net millers only about £l6 on trucks for fair, and £l7 10s for good fair at the very outside/ Unless the London market further improves it is more than likely that most of next season’s outputs in this district, will be absorbed by manufacturers in New Zealand and Australia. It might bo advisable to draw the attention of farmers to the necessity o-f supporting local industry. During the past two or three years the amount of Manila twine received from Australia and Belfast has been increasing at a groat rate, and as a consequence the locally-manufactured article, which is the product of New Zealand material and New Zealand labour, is being ousted from the field. It is somewhat surprising to find that whilst imported rope has, to bear an impest of 20 per cent, duty, twine is admitted free. Even if imported twine were subject to a substantial duty, it would not raise the price of New Zealand flax twine to any appreciable extent, as the mills at present working in the Dominion could easily turn out double the requirements of New Zealand farmers Tow. —There is a good demand for this commodity, which is • scarce, and £8 on trucks could readily bo obtained for No. 2 grade. Linseed. —No new samples of the new season’s crop Lave yet been offered. OAMARU MARKETS. (From Ocr Own Correspondent 1 OAMARU, April 27. A fair amount of business has neon done in wheat during the week, but millers ate now standing off, and millers are not so keen to buy except on a lower basis of prices. The market closed with a weaker feeling. This week there has been a distinct difference in values as between velvet and red varieties. For velvet the prices given ’at country stations net to growers have run from 3s 8d to 5s 9d, most of the businss having boon done at 3s £?d. A few' lots of red wheats have been secured at 3s lad net at country stations, but most of the business was done at 3s Bd, while for one particularly good sample 3s 9d was given. The chief sales reported are 2000 sacks of velvet at 3s 9d, less commission, at a country stations; 1100 sacks of velvet, and red chaff continued at 3s 9jd, less commission, delivered in Oamaru; 900 sacks of velvet at 5s Bid not at a country station; 750 sacks of velvet at 3s 9?d, less commission, delivered in Oamaru, and tw’o lines of 600 and 500 sacks respectively of velvet at 3s Bid, net at country stations. Oats still ictain their values, business in Cartons having been done at Is lid and 2s for B grade, and 2s Id to 2s I id for A grade. The sales included 1100 sacks of good feed at Is lid, 1000 sacks of B grade at 2s, 750 sacks of B grade at 2s, and 600 sacks of good milling at 2s all net to growers at country stations. A parcel of duns was taken at 2s 2d net at a country station. A few modest lines of malting barley have changed hands at country stations at 4s 2d and 4s 3d net. Oaten sheaf chaff has further advanced in value, business having been done at £2 15s and £3 net There has been some irregularity in the prices of potatoes, for while some lines have been secured at from £4 10s to £4 17s 6d. the genera! price has been from £5 to £5 5s net, on trucks. To-day’s quotation is £5 ss, with no w illingness to buy. HIDE SALES. MELBOURNE, April 25. At the hide sales to-day sloppy conditioned sorts were id easier, but other kinds were steady. Messrs Stronach, Morris, and Co. report a s follows:—We offered a mediumsized catalogue on Thursday, when there was an average attendance of buyers. Competition was barely as good as at our previous sale, medium weight hides being easier by about id per lb. There was a good demand for anything stout offered, and unfortunately we had very few of these included in our catalogue. Our top price for ox was B|d, paid for five averaging 711 b, and we also sold others from 65ib to 681 b at from Bid to B|d. Cow hides sold up to 6id. In money value the ox brought up to £2 8s Id, and cows up to £1 11s 6a. Calfskins sold well, 20 of. these averaging silb making 10id, and heavier sorts up to lOd. The following are actual prices paid at our sale:—Prime stout heavy ox hides, B|d to B|d; heavy weight do, 7d to 7|d; medium weight do, 6jd to 7d; light weight do, 65-cl to 6|d; inferior do, 5d to 6d; heavy weight cows, 6£d to 6id; medium and light weight do, 6d to s|d; inferior, do, 3id to sd; yearlings, to 6|d; calfskins, to lOicl. The New' Zealand Loan and Mercantile Agency Co. report as follows: —We held our usual fortnightly sale of hides on Thursday, when wo submitted a medium catalogue to the usual attendance of buyers. As compared with last sale prices for extra stout hides were a shade easier, and, in fact, this v. ill describe the sale all

over. Our catalogue consisted chiefly of country and abattoir hides, which included a few very good hides. Our top price for ox was 7|d and for cow 6|d. In money value we obtained for ox £2, and cow £1 10s 6d. We quote extra prime ox 8d to 9d; medium heavy, 7d to B^d; heavy, to 7d; light, to 63d. Cows: Extra prime, to 7d; medium, 6j<3 to 7d; light sorts, to hid- Calfskins can bo quoted as on a par with last week. Messr s Wright, Stephenson, and Co. report as follows:—We held our fortnightly sale of hides on Thursday, when we offered a medium-sized catalogue to the usual gathering of buyers Competition was most spirited for all descriptions, and Values remain very firm at current rates. We had some choice lots of butchers’ abattoir hides on offer, and bidding for these was very keen. Four lots of one butcher’s hides returned to him £2 15s sd, £2 13s 9d, £2 33s 4d, and £2 13s 2d respectively. Oar l-.-p price in ox hides at per lb was B£d, which w© obtained for two lots, several other lots being sold at per lb. The following at© actual prices paid at our sale: —Ox hides: One '/11b, t>*.n: one 761 b, B£d; one 741 b, B|d; one 721 b, 781 b, BJd; one Sllb, &id; five 701 b, B|d; six 651 b, 8d; six 661 b, 7Jd; one 601 b, 7Jd; eight 65ib, 7£d; one 601 b, 7|d; one 661 b, 7|d; one 6 7 1 b, 7£d. Cow hides; Seven 471 b, 6|d; three 551 b, 6|d; on© 541 b, 6|d; three 471 b, 6|d; two 531 b, 6|d; three 64ib, two 591 b, 6|d; on© 441 b, 6id; on© 421 b, 6^d; one 421 b, 6^d; two 511 b, 6id. A few more of our gross averages are:—Ox: On©, 51s Id; one, 49s 7d; one, 49s 6d; three, 46s Id; five, 465; eight, AOs 8d; six, AOs 7d; eight, 39s sd; one, 39s sd; one, 59s 4d; one, 56s 9d; one, 35s 7d; two, 355; one, 33s lOd; two, 33s 3d. Cow: Three, 33s 2d; two, 30s 4d; three, 28s 2d; two, 27s Id; on©, 27s 7d; two, •" 275; three, 23s lOd; seven, 23s 9d. W© quote: Extra stout heavy ox, B£d to 9d; stout do, 7|d to Bid; heavy, 7d to 7|d; medium, 6|d to 7d; light, 6|d to 6|d; stout heavy cow, 6|d to 6|d 4 ; medium, 6j|d to &3d; light, 6|d to 6|d Yearlings, 6|d to 7-Jd; calfskins, best 9id to lOd, medium BJjd to 9d. Messrs Waters, Ritchie, and Co. report as follows;—We held our fortnightly sale of hides yesterday morning, when there was a good attendance of buyers. Competition was again very keen, and late extreme values were fully maintained, and in some cases exceeded by Id per lb. We had a large proportion of exceptionally good hides, and for those very fin© prices were secured—ox up to 9|d and cows to 7ad per lb Our catalogue consisted of 678 hides and 523 yearlings and calfskins —a total of 1201. In money value the following were some of our best returns:—Ox: One at £3 6s 7d, one at £2 19s 2d, one at £2 18b> two at £2 16s 7d, one at £2 15s, two at £2 14s Bd, two at £2 lie Bd, one at £2 11s 7<S, on© at £2 11s 2d, five at £2 8s 2d, one at £2 6s lid, two at £2 6s Bd, three at £2 6s, three at £2 4s Bd, nine at £2 3s lid, seven at £2 3s Id, one at £2 2s 9d, five at £2 is 2d, five at £2 Is, six at £2, one at £1 19s lOd, nine at £1 19s 4d, twenty at £1 18s 9d, nineteen at £1 18s 2d, one at £1 17s 10d, eight at £1 17s 6d, twenty a;t £1 16a lOd, six at £1 15s 7d, thiee at £l 15s, nine at £1 13s lOd, three at £1 13s 2d, ten at £l 12s 6d, nineteen at £1 12s. three at £1 11s 4d, five at £1 10s lid, six at £1 10s 3d, Cows: Two at £2 2s 3d, one at £1 18e Id, nine at £1 14s sd, four at £1 13s 9d, tear at £1 12s Bd, six at £1 12s. eight at £1 13s 9d, eleven at £1 13s 3d, and two at £] 15s each. The following were our best prices;—Ox: One 871 b at 9|d, one 741 b at 9|d, one 701 b at 9|d, two 72!b at one 771 b at 9d, one 841 b at B|d, one 671 b at 8-Jd, one 801 b at 83d, two 091 b at B|d, one 711 b at B|d, one 851 b at S|d, nine 661 b at Bi<l, four 711 b at Sjjd, one 621 b at one 651 b at Byd, four 581 b at Bpd, three 711 b at Bd, nine 631 b at Bd, one 911 b at Sd, one 681 b at 7|d, one 701 b at 7£d, two 741 b at 7d, two 651 b at 7|d, one 821 b at 7gd, one 901 b at 7(,d three o2lb at 7|d, eleven 641 bat 7|d, one 551 b at 7jd, nine 631 b at 7jfd, nine 651 b at 7{jd, fifteen 641 b at 7fd, five 651 b et 7ad, eleven 561 b at 7ad, sixteen 631 b at ?id, six 731 bat 7id. Cows: Three 661 bat 7|d, two 621 b at 7id, two ?4!b at 7£d, nine 631 b at 7d, fifty-two 55ib at s|d, ten 521 b at 6Sd, eight 621 b at 6|d, fifty-eight 461 b at 6|d, twenty 5)31 b at bid, eight 631 b at 6|d, six 481 b .it 6/d, six 351 b at 63d, svtn 5211? at! 63d, five 611 b at 63d, eighteen 451 b at 62d, ' four 491 b at 63d, eleven 541 b at 63d, three 631 b at 6Jd, twenty 551 b at 63d, thirteen 471 b at 63d, seven 621 b at 6|d, four 641 b at 63d, ten 461 b at 63d, five 541 b at 6|d, eight 471 b at 6|d, six 371 b at 6gd, three 481 b at 6|d, three 571 b at 6|d, nine 441 b at 6Sd, seven 351 b at &id, and three 451 b at 6£d per lb. We quote: Ox—Extra stout heavy, 8d to 93d; stout heavy, 7|d to 7|d ; heavy, 6£d to 7ia; medium, 6id to 7id; light, 6id to 7d. Cow —Stout heavy, 6|d to 7£d; heavy and medium, 6£d to 6|d; light, 6id to 6|d; damaged and bad-conditioned ox and cow, from 4£d to 6d; bull and stag, £d to 53d. Calfskins, lOd to 10id, for beat;medium, 9d to 93d; damaged and inferior, 2\d to Bid per lb. CLEARING SALE AT WYLIE’S CROSSING. Messrs Wright. Stephenson, and Co. report ahving held at Wylie’s Crossing, on Thursday, a very successful clearing sale of dairy cows, horses, farming implements, etc., on account of Messrs Munro and M'Adam The day was fine, and there was an excellent attendance of dairymen and farmers from all over the Taieri Plain and the Peninsula. Competition was exceedingly keen. The cows sold exceptionally well, the highest price being £lO 17s 6d. Others realised from £5 to £9. The horses were all light harness sorts, and' sold up to £l6 Implements and sundries realised full values. DUNEDIN MORSE SALEYARDS Messrs Wright, Stephenson, and Co. report as follows:--We trad a very small entry for last Saturday’s sale, only a few spring-cart and light-harness horses being forward. There was a good attendance of buyers, and quite a number of them wore on the look-out for sound young draught mares and geldings fit for town work, but as there were no horses of this description jn the yard they had to leave the sale without filling their requirements. 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 FAZAAR. The Otago Farmers’ Co-operative Association of New Zooland reports:—We held our weekly home sale on Saturday, when to a large attendance of buyers, includ'ng

fanners, town carriers, and contractors, we offered an entry of 40 horses. The centre of attraction was a consignment of van mires and geldings brought from Naseby by Mr George Hodgins. Although just out of hard work, they were in fine fettle. Bidding for these was brisk, end a clearance was made at highly satisfactory prices. Other country lots came from Oturehaa, Maungatua, and the Taieri, but, being rather light for town or farm work, they wore notso eagerly sought after. In most cases, however, fresh stables were found for them. There ia still a keen demand for good clifty draught mares and geldings. Wo quote: Good young draught mares, at from £3B to £45; extra good Clydesdale rnares, 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 and geldings, at from £2B to £3B: aged draughts, at from £lO to £2O; good strong upstanding vanners, at from £26 to £35; heavy spring-carters, at from £2O to £27 10b ; ordinary spring-carters, at from £ls to £2O; upstanding buggy mares and geldings, from £l6 to £25; hackneys and oob ponies, from £8 to £ls. PROPERTY MARKET. Messrs Alex. Harris and Co. report having offered by auction, at their rooms, sections 6,7, 8, and 9. township of Hawthorndale, adjoining Kirkland Hill, Roslyn, having an area of 3 roods 36 poles, on behalf of Mr Anthony Paterson. The property was sold for £2lO to Mr Alex. Ness. On the 29th, at their rooms, Messrs John Reid and Sons offered for public auction a freehold property in Brunei street, Mornington, together with a six-roomed house, a stable, and outbuildings, and the goodwill of the business carried on by Mr G. VV. Bush, carrier. Bidding was not satisfactory, and there was. not a largo attendance of buyers. The highest offer made was one of £475, which was net accepted. The Perpetual Trustees, Estate, and Agency Company offered for sale at their rooms on the 29th Mr F. W. Nichol’s property in Clyde street, containing a fiveroomed cottage and outhouses. A bid of £350 was made, but was not accepted. Two other dwellings in_ Manor place, the property of Mrs E. M. Skitch, failed to meet with satisfactory offers, and were withdrawn.