OTAGO LAND BOARD.

Otago Witness, Issue 3196, 16 June 1915, Page 21

OTAGO LAND BOARD.

A meeting of the Otago Land Board was held on Wednesday; present—Messrs R. T, Sadd (chairman!, C. Livingstone, T. A. Munro, J. Smith. The examination of applicants for sections In Otanomomo Settlement was conducted, And the following were approved:—Margaret Little (section 7a), George Crawford (21a), John Todd, jun. (17a), J. G. Aitkenhead (14a), subject to Minister’s approval. applications to transfer. Mr T. H. Erskine renewed his application to transfer sections 6 and 14 (XIII), Ip. 9135, Pomahaka Downs, to Mr William Johnston.—Recommended for approval. The Public Trustee in the estate of Mr A Bovd applied to transfer sections 1, block I, and 17, block 11, l.p. 1165, Mt Hyde, 587 acres, to Mr John Macdonald.— Approved subject to documents being in prefer. , . It was resolved to recommend for the Minister’s approval that section 18a, Otanoinomo, be allotted to Mr A. Syme, and section 22a, to Mr Thomas Marshal.. An application to transfer o.t p. 21v, Woodland, 304 acres 3 roods, from Mr Thomas Victor Latta to Mr Albert William Perry, was approved, . An application to transfer j.p. ■ 438, section 6a, Plunkot Settlement, from Mr A-

Boyce to Mr E. Stokes, was reconsidered and recommended tor approval.

An application to transfer s.g.r. la, block 1, Sutton, 2205 acres, from Mr James Eootiey to Mr Alexander Johnston, was approved. Mr llobcrt Johnston M'Clelland applied for a grazing license over section 22, block VIII, Bengcr district, and undefined “ Paper ” reserve, containing iSacros 1 rood 30 poles. —Approved, year to year license at £1 per year. Mr John Mundcll applied for a miscellaneous license over an area adjoining Bellamy runs on part of mining reserve along Bowler’s Creek, from Windmill to mill dam.—lt was resolved to grant a year to year license, rent to bo fixed by ranger. Mr Thomas Ferguson applied for a grazing license over a small piece of unoccupied Crown land opposite sections 66 to 69, block 111, Bonger district.—Declined. Mr Walter Findlater applied for a license to occupy a small area in town of Hull, as a site for a seaside “crib.”—lt was. resolved to approve of a license from year to year at £1 per year. Mrs M. M. Pittaway applied for additional land in Bellamy Runs, being the lower portion of run 526.—Approved pending inquiries selection of back portion with a view to recommendation to the Minister.

In connection with sections 77 and 73 (1), Oamaru district, it was resolved that the section be disposed of by auction as land in proximity to Oamaru ; special value in terms of section 132, at £lO and £ls upset respectively. The following applications for the freehold were approvedF.l. 42, VII, Glenomaru, 164.2.09, Mr G. F. Perkins; o.r.p. 15, VIII, Woodland, 169.2.0, Mr John Calder; o.r.p. 5, IX Woodland, 191.0.29, Mr James Herbert Ollerenshaw. In regard to the proposed exchange of sections 15 and 14, block I, Kauroo Hill S.D., for an area of freehold land, part of sections 50, 53, and 54, and section 52, block I, Kauroo Hills, and part section 3, block VII. Otepopo, it was resolved to support the commissioner’s proposal. COMMERCIAL CABLEGRAMS. LONDON. June 8. Wheat. —The market is acutely depressed owing* to a sharp decline in Argentine and Canadian options. Walla, afloat. 625. Argentine shipments: Mutton 140,000, lamb 91,000 carcases. Frozen beef 219,000, chilled 65,000 quarters. June 9. Wheat: The market is less depressed, but prices are unchanged. Linseed oil, £24 ss. Turpentine, 345. Copper; Spot, £B3 to £B3 ss. Tm; Spot, £166 10s to £167; three months, £165 10s to £166. Lead, £26 5s to £27.

Sdver, 25jd per ounce. ■Afc the tallow sales 2143 oasjes wore offered and 706 sold. Mutton —fine, 36s fid; medium, 31s. Beef —fine, 3bs; medium, 31s. Wheat: The American visible supply is 31,916,000 bushels; Chicago—July options 110 to 115 i cents, September 106 i to 110 cents. June 10. The Bank of England returns show that the stock of gold coin and bullion is £58,207,000; reserve, £44,683,000; proportion of reserve to liabilities, 20.80; notes in circulation, £33,153,000; public deposits, £123,342,000; other deposits, £91,443,000; Government securities, £51,043,000 ; other securities, £136,816,000. Short loans. 1| per cent.; three months’ bills, 2J per cent. Following are the prices for Government stocks as compared with those ruling a week ago ;

* Early currency, f 1929-1049 currency, j 1920-30 currency. Butter : Slightly weaker on good supplies of Siberian, of which the best are selling at about 130 s. Colonial, nominally unchanged in the absence of supplies. Cheese : Quieter. The Government buying is temporarily suspended. New Zealand, 98s. Bradford : Merinos and fine crossbreds in keen demand. Tops, 64’s, 39d ; super 60’s, 38-^d; common 60’s, 37^d; 56’s, 33d; 50’s, 31d;r 45’s, 27£d; 40’s, 25^d. Wheat : Weak and lower and depressed, owing to weakness in America.

Oats : Dull. Bahia Blanca June and July, 27s 3d. Peas : Quiet and unchanged. ‘ Tune 12. Quicksilver, 290 s to 2955. Copra: June and July shipments, £2l. Jute: Juno and July shipments, £2l 10s. Hemp: Juno and August shipments, £22 ss. Cotton: June and July shipments, 5.24i<J. Rubber: Para, 2s 7d; plantation, 2s sd; smoked, 2s 4gd ; Butter: Danish, in short supply, 146 s to 1495. Hides: There is an upward tendency. Australian, 9£d to 101 d. Leather: There is a good demand. Best heavy Australian, 16d to 19d. Basils are quiet, with small business. First Sydney, 15d to 17d; New Zealand, 18d to 20d. Wheat is Is easier _ all round owing to lower American-Canadian advices. Thero is a pressure to sell spot parcels. Chicago July options, 104 i cents to 105 i cents; September options, 102§ cents to 105£ cents. Copper: Spot, £B4 7s 5d to £B4 12s 6d; three months, £BS 7s 6d to £BS 12s 6d. Tin: cash, £l5B to £l5B 10s; three months, £166 to £166 10a. Lead, £27 10s to £2B ss. Spelter. £lls to £lO3. Silver, 23£di. June 13. Wheat. —Dull, and Is decline; Indian and sorts nominal. The quantity of wheat

and flour afloat for the United Kingdom is 2.970.000 quarters, and for the Continent 3.105.000 quarters. The Atlantic shipments were 553,000 quarters, and the Pacific nil. The total for Europe is 1,115,000 quarters, including India 237,000 and Argentine 154.000 quarters. FROZEN MEAT MARKET. LONDON, June 12. The following arc the latest quotations for all classes of meat, including ex-storo sheep. In the case of those not quoted the

THE WOOL SALES. MELBOURNE, June 11. The wool sales were resumed to-day. There was keen competition for all better classes at recent high level values. Americans bought freely. SYDNEY, June 8. The wool sales opened to-day. There was a sfrong demand for good sorts at recent values, but with a slightly easing tendency later. June iJ. The iveek’s wool sales closed firm, with a strong demand for all good qualities at late full rates. French buyers were much more active than for a considerable time past. Faulties were largely passed in. J une 14. The wool sales opened to-day. There was a strong demand for good wools, but faulty were neglected. Late prices are unchanged. A cable massage to the following effect has been received by Mr J. Harrison Jones from Messrs James Alorrison and Co., London, 12th in=t.: —“Wool market strong, and prospects next auctions good; anticipate advance Id; sheepskins likely improve about id; tallow very slow, prices down £3, restriction export chief cause fall.”

MAIZE FOR DRY OR SEMI DRY DISTRICTS. TO THE EDITOR. Sir, —The great value of the maize crop is well known to farmers, and during seasons of drought its failure frequently results in both loss and inconvenience. In America for many years past its cultivation, improvement, and suitability for various localities has received much attention, and one variety, named Golden Superb, produces 200 bushels of corn per acre—a yield not yet approached anywhere in Australasia; and the next best is Johnson Oounty Prize White, which at the great National Corn Show gained the prize against the world, and 10 cobs of which sold for £75. A study of the maize grown by the Hopi, Luni, and Navajo Indians of New Mexico and Arizona, in both of which States the rainfall is light, has revealed an adaptive character that promises to bo of great economic importance in dry districts where germination and the success of this crop are uncertain. The South-western Indians have preserved from pre-Columbian times 600 or 800 years back a type of maize which produces fair crops in districts where the better-known varieties fail through insufficient moisture. An important factor in the drought-resistance of this type of corn is its ability to force the growing shoot to the surface of the soil when planted at a depth of a foot or more. At such depths the ■ ordinary varieties would die before reaching the surface. The root systems of the Indian varieties mentioned differ from those of ordinary maize. The roots of these seedlings extend to a great depth, and there is only a single root arising from each seed, while in other varieties they are shorter and more numerous. In the localities selected by the Indians (so runs a United States report) the soil is sandy, and in the absence of spring rains the surface layers are very dry, and to get the seed to germinate at all it must bo planted deep enough to be in contact with the moist soil. If the seed -was planted at the ordinary depths its germination would be delayed for some months, or the young plants would die for want of moisture. For six or eight weeks after planting no rain can reasonably be expected, and during this period the moisture is constantly receding from the surface. By concentrating the energy of the seedling into a single root, the latter is forced to greater depths than would otherwise be the case. In the United States the Hopi and Navajo maize planted t>j( the Indian methods have been found superior to the more improved varieties for very dry districts. During an inspection of some maize fields it was observed that corn grown in the ordinary way had been a complete failure, while in the nearest Indian fields the plants were dark green, and maturing a fair crop, though the season was said to have been very dry, There are several varieties of this maize—viz., white, yellow, black or purple, and striped, a small sample of which I have posted you. They should prove of great service to farmers in dry districts or in localities wherS this valuable

and useful crop could not hitherto be grown. I am, etc., B. Harrison, F.R.H.S. Burringbar P. 0., N.S.W. (“The receipt of the maize seed is acknowledged, and as opportunity offers steps will bo taken to have same planted in a dry locality in Central Otago, and report as to its success or otherwise obtained and noted.— Ed. O.W.] ■ DUNEDIN MARKETS. FARM AND DAIRY PRODUCE. Messrs MTlroy Bros, (successors to Irvine and Stevenson), George street, report paying for produce during the week ending the 15ih inst., as follows; Fresh eggs, i/l aoz I Separator Butter, 1/1 lb Sail nutter; n »l buying 1 Honey (bulk), 3]d lb

WHOLESALE PRODUCE REPORTS. J. Lindsay and Co., Princes street south, report under date the 15th inst.;

Wbi/ai per bushel, best milling ... 7/3 bowls’ 6/ 9 Milling oaw 4/3 feed oats.. ... 3/9 Halt barley ... 5/0 feed barley ... 5/si Gape barley ... C/J Maize ... ... 6,6 per ton. ilour, in 200'g ... 35(7 1 flour, in 50’s ~, Stic/O bollard ... ... ISO/9 bran 155/0 Oatmeal, in 25’s 400/0 Pearl barley 450/0 Kggs, fresh ... 1/9

Uaicu court Prime 141/0 Good 130/ 1 Inferior fO/0—95/0 Ryegrass and clover hay 131/0 Straw: Wheaten ... 55/0 Oaten 10/9 Rolled bacon ... itld Side bacon ... 9d Smoked hams ... lOd Cheese ... ...Bd—9d Salt butter 9d—U/d (according to quality)

Onions. —Canterbury, £5 per ton. Chaff. —This market is firm, and prices are good. We would be pleased to receive samples or have the offer of any you may have for sale. Prime, 140 s; medium, from 90s to 110 s per ton. Potatoes. —Best lots are saleable at up to £5 5s per ton. Straw Chaff.—Wheaten, 62s 6d ; oaten, 70s. HIGH COMMISSIONER’S REPORT. WELLINGTON, June 14. The following is the High Commissioner’s cable, dated June 12 (note that quotations, unless otherwise specified, are the average price on spot): Meat. —There is a poorer demand for all grades of meat, on account ot the higa praces ruling, together with the hot weather. Mutton.—The market remains firm, owing to there being a short supply available lor the general public. Canterbury heavyweights, 6|d ; North Island, 7d ; lor lightweight ordinary quality, 6|-d ; owes, 65 «. Lamb.—The market is weaker, though not actually lower. Canterbury, B|d ; total! weights other than Canterbury, 83d. Beef. —Best quality light-weight New Zealand beef is not quoted. Hinds are selling as high as 7£d; tores, 6gd ; chiled hinds, B£d ; tores, d. Butter.—The market is steady, and prices are firm. Danish, 146 ato 1495; New Zealand, 140 s to 1425; Australian, 136 s to 138 s, and up to 140 s; Siberian, 150 s to 1325; Argentine, 136 s to 138 s; Irish creamery, 138 s to 1445.

Cheese. —During the week the tone of the cheese market has completely changed, and the market closed dull, with lees inquiry, prices declining. Canadian, white, 90s to 975; coloured, 94s to 965; New Zealand, white, 96s to 98s, and up to 995; coloured, 95s to 975, and up to 98s; United States is in fair demand at 92s to 955.

Hemp.—The market is quiet, and small business is doing. The Manila output continues large, owing to stocks of old grading forwarded for shipment before export is prohibited by law coming into force at the end of June. • The output horn Manila for the week ended June 5 was 28,000 bales. Fair current Manila is £39.

New Zealand Hemp.—A limited demand exists for near positions, but forward shipments are neglected. Business has been done with good fair grade at £32 10s, and with high points fair at £3l to £3l 10s. Fair is quoted at £1 per ton less. The stock of New. Zealand hemp at the. end of May was 583 tons.

Hops.—The market is quiet, but firm. English is quoted at £B4 11s; Californian, £7O to £95.

Wool. —Prices for medium and coarse crossbreds of all grades are unchanged, but prices for merino and fine crossbreds of all grades are quoted at current. Bradford quotations for tops (3&’s), low crossbreds, 2s Id; 40’e, low crossbred, 2s 3d; 44’s, medium crossbreds, 2s 3jd; 50’s, halfbreds, 2s 7-id ; 56’s, auarterbreds, 2s 9gd; 60’s merinos, 3s Id. Wheat.—The market has declined further on account of the American and Canadian crop prospects, and on account of the Indian Government bringing pressure to sell. Tho demand is only from hand to mouth. Canadian, April to Juno shipment, 535; American, July-August shipments, 46s 6d; August (September shipments, 455; Argentine, very little offering. Oats. —The market is quiet, and there is little business doing. Argentine, afloat, 25s 6d ; June-July shipment, 265. Scheolite.—Blackwell’s quotations _ for echeelite range from 35s to 37s per unit. OAMARU MARKETS. (From Oub Own Goure3pondknt.)

OAMARU, June 12. A little more business has been recorded in the grain market this week. A fair inquiry for wheat exists in this market, but there is not much offering in the North Otago district. However, several substantial lines changed hands at country stations, the largest being one of close on 10,000 sacks of mixed varieties, velvet forming one-third of the whole. For this 7s net was given at a country station. Several lines of velvet were sold at country stations, at 7s net and 7s id, subject to commission. A modest line of red Tuscan was taken at a country station at 6s lid, and for a mixed line of red chaff and Marshalls white 6s lOd net was given at a country station. Wheat is offering more freely from South Canterbury, and this has a steadying influence upon this market. Offers of oats are seldom received from tho country. A couple of transactions in A grade Gartons are reported at 4s 2d and 4s 3d net at country stations respectively, tho top price being given for a very heavy sample suitable for seed. Duns are very scarce, and any suitable for seed purposes are worth 4s 6d net at country stations. Oaten sheaf chaff is hard to get, and is worth from £6 to £6 5s net at country stations. A good deal of business has been passing in both oat and wheat straw chaff, and a big quantity has come into store to await an opportunity for shipment. The basis of business has been by the sack, oat chaff being worth .Is 3d and wheat Is, sacks extra.

The potato market is both firm and excited owing to speculative purchases, and prices have advanced steadily. At tho

’ beginning- of the week sales were made at £5 net on trucks, but, by steady steps, £5 15s was ultimately reached, several transactions taking place at that figure. SOUTHLAND MARKETS. (Fbou Orrn Owv >’ .’OKRESHONDEKT.) INVERCARGILL, Juno 12. The oat market is not so firm, but there are very few oats offering, and fanners are not inclined to sell at below 4s, on trucks, oven if their samples will not pass A grade. Buyers, on the other hand, are very cautious, and are buying only for actual requirements. At the same' time it is nowapparent that, with the large number of advance orders coming in, there will be nq surplus of oats, and, possibly, there will bo a shortage before next harvest. Merchants are not at present inclined to buy except oij the basis of 3s lid, on trucks, for A grad's Gartons, and 3s lOd for B Grade. The demand for duns is also not quite so keen, although 4s Id, on trucks, was given for a good line this week. The demand for oaten sheaf chalf continues firm, and merchants are offering from £5 15s to £6, on trucks, according to sample and time of delivery. There is also a good demand for oaten straw chaff, which can be readily placed at £2 10s to £2 15s, on trucks.

The potato market is rather firmer, and buyers are offering £4 10s to £4 15s, on! trucks, sacks weighed in. The crop thia season in Southland is not a large one, the yields being very disappointing, and thig market is going to be entirely ruled by the position in Canterbury and North Otago. There is nothing doing in ryegrass at present, quotations being purely nominal. It is most likely, however, that a considerable quantity will require to be sown down in the spring, and merchants’ stocks will be required to cope with spring orders. This is the off-season for hemp, and there is practically nothing doing. GRAIN AND PRODUCE SALES. Messrs Donald Reid and Co. report; We held our weekly sale of grain and produce on Monday, wlien values ruled as under:— Oats: The export demand has not been quite so keen during the past week, but offerings have not been so heavy, and all good to prime lots have been readily dealt with at prices on a par with late quotations. Medium and lower grades meet with good local demand. Prime milling, 4s 2d to 4s 3d; good to best feed, ,4s to 4s Id; inferior to medium, 3s 9d to 3e lid per bushel, sacks extra. Wheat; In sympathy with northern markets, the local demand is somewhat stronger. Millers are ready buyers of prime quality, but no great quantity is offering, and there is therefore little business to report. A largo number of the later thrashed lots from southern districts are not in sufficiently sound condition to bo readily taken by millers. Fowl wheat is offering more freely and meets with moderate inquiry. Prime milling velvet, 7s to 7s 2d; Tuscan, etc., 6s 9d to 6s lid; good whole fowl wheat 6s 6d to 6s 8d; medium, 6s to 6s 4d Eev bushel, sacks extra. Potatoes; Thera as been some inquiry for export, and in consequence of some buyers having to cover sales there has been a sharp advance in values for prime lots. Lower qualities and those in doubtful condition are not readily placed. Best table xiotatoes, £6 153 to £7; medium to good, £6 to £6 10s per ton, sacks included. Chaff: There is ready sale for all lots coming forward at priecs fully equal to late quotations. Prime oaten sheaf is in most favour, but all classes, including straw chaff, are in strong demand. Best oaten sheaf, £6 12s 6d to 7a; choice, £7 2s 6d to £7 ss; medium to good. £6 to £6 15s per ton, bags extra. Messrs Dalgoty and Co, report as follows:—Oats: Offerings the country of late have not been heavy. Shippers and merchants arc not operating so freely, and are only prepared to stock up at a reduction in late values. There is a good demand for all good, heavy lines suitable for milling and feed purposes, and values nils as follows: —Prime milling, 4s 2d to 4s 3d; good to best feed, 4s to 4s Id; inferior and damaged, 3s 9d to 3s lid per bushel, sacks extra. Wheat: There has been a better inquiry of late for any lines of prime milling velvet. There is, however, not a great quantity of this variety offering, and holders are firm in their ideas of value. Fowl wheat is in good supply, and meets with a fair demand at quotations. Prime milling velvet, 7s to 7s 2d; Tuscan and red wheats, 6s 9d to 6s lid; beet whole fowl wheat, 6a 6d to 6s 8d per bushel, sacks ex’ i. Potatoes: During the past week supplies have been light, and shippers are prepared to operate at a higher level of values, with the result that the market shows a further rise. All freshly picked, well graded samples, in good sacks, are meeting with a ready sale on arrival at quotations. Bosk tables, £6 10s to £7; medium to good, £6 to £6 5s per ton (sacks in). Chaff: All of late have met with a good demand, and sales are readily effected at an advance on late values, for all lines in shipping condition. Best oaten sheaf, £6 15a to £7; choice lots, to £7 sa; good, £6 10a to £6 15s; medium, £6 to £6 7a 6d per ton, sacks extra. HIDE SALES. MELBOURNE, June 10. There were fair supplies at the hide sales to-ctay. Heavy and all good conditioned lots were Id dearer; others unchanged

Messrs Waters, Ritchie, and Co. report as follows: —We held a sale of hides at cur stores on the Bth inst. There was a good attendance of buyers, and competition was again very keen for all lines of goodconditioned hides, particularly heavy-weight ox. Prices, as compared with the previous sale, ruled very firm, with an advance of ad to id per lb on some of the very best lots. Our top price for ox was Hid and for cow 9d per lb, and our catalogue consisted of 1279 hides and 251 yearling and calfskins. We quote:—Ox : Extra, tollid} stout heavy, KHd to 10|d: heavy, lOd to lO^d; medium, 9£d to lOid; light, 84d to 9d. Cow: Extra stout, to 9id ; heavy and medium. BJd to 9d; light, B|d to B£d{ damaged and bad-conditioned ox and cow, from 6d to Bid; bull and stag, 6d to 6i<ij. calfskins, IOJd to 10|d for best; medium* aid to lOd; damaged and inferior, 3id to 5d per lb.

Messrs Wright, Stephenson and Co. reportWo hold our fortnightly sale of butchers’ Abattoir hides at Burnside on tho 9th on account of the Otago Co-opera-tive Tallow and By-products Company, There was a full attendance of buyers, and competition was keen. All descriptions of ox hides showed an advance on previous sale of id to id per lb, while cows’ appreciated id. We quote: Extra stout heavy ox, lOjd to lid; stout heavy, 10-d to 10id: heavy, 10id to lOd; medium, 9|d to lO^d; light, : 9id to 9 jd; stout heavy cows,

medium and light, B|d to 9d; best calfskins, to lOjd; medium, B|d to 9d; yearlings, to 83d. SALE OF STOCK. Messrs Donald Reid and Co. (Ltd.) report, having offered at the Winter Show and Bold on account of Mr Jas. Gow, “luvcrmay,” Mosgiel, one cow at £l7; Trw.cy Bros., Tuapeka West, throe wethers at £2 4s, two at £1 18s; Jno. Kirkpatrick, Green vale, three wethers at £3 ss, three at £3 2s; D C. MThedran, Pukerau, three lambs at '£i 14s; L. C. Hazlott, Salisbury, throe lambs at £1 10s; Gibeon Bros., North Taien, three lambs at £1 15e. CLEARING SALE. Messrs Dalgety and Co. in conjunction •with the Otago Farmers’ Co-operative Association, report having held a very successful clearing sale at Bedes on behalf of Mr John Aitkenhead. There was a good attendance of the public, and competition was keen throughout the sale. The prices obtained were very satisfactory, and the cheep realised from Is to 2s a head more than has been the case of late. Cattle also were exceedingly well competed for, but tlie horses were harder to dispose of. The aundries and furniture, of which there was a very large collection, brought good values. The U-:

-vri .yV following arc the prices realised: —252 eighttooth ewes, 14s lid; 166 failing-mouthed owes, 9s Id; 295 M.S. lambs, 13s Id; forward wethers, 17s; dairy cows (August calvers), to £lO 10s; calves and yearlings. £2 to £3 ss; draught mares, £23 10s to £25; unbroken colts and fillies, £9 to £l6 10s; foals, £7 IQs. OTAGO FARMERS’ HORSE BAZAAR. The Otago Farmers’ Co-operative Association of New Zealand reports:-—We held our weekly horse sale on Saturday, when wo had an entry of 35 horses all told. The attendance of (ho public was not so large as usual, and, although bidding was slow, a fair number of horses found fresh stables under the hammer at satisfactory prices. We quote:Good young draught mares, £23 to £35: superior young draught geldings, fit for shaft or lorry work, £3O to £3B: ordinary draught mares and geldings, £2O to £25; aged draught, to £ls; good upstanding vanners, at from £lB to £25; ordinary spring-carters, at from £ls to £2O upstanding buggy mares and geldings, £ll to £2O: hocks and ponies, £5 to £l2. PROPERTY SALE. At Mosgiel on Saturday afternoon Messrs Park, Reynolds (Limited) offered for sale

by auction a number of properties and household furniture in the estate of the late Mr John Drydcn. There was a largo attendance. The freehold land and residence, s tuated at the corner of Berwick street and Bush road, was not sold, the bidding failing Co reach the reserve price. Section 21, Subdivision of section 4, block VIT, East Taicri District, containing- 1 acre 5 poles, with a frontage of 91ft Bin to Carlyle road, was sold, after spirited bidding, for £42. The largo quantity of household furniture and sundries was also sold at satisfactory prices. OTAGO HARBOUR BOARD LEASES. Messrs Park, Reynolds (Limited), at their rooms on the 9th, offered for leave by public auction, on behalf of the Otago Harbour Board, six sections in Dunedin. In all cases the present tenants secured the leases at the upset rentals. Particulars of the properties are as followßlock LV, sections 14, 15, 16, 17, and 18 (now occupied by Donald Reid and Go., Limited). Upset rental, £415; improvements, £15,075. Block LXHI, section 4 (now occupied by Mr Charles Gibbs). Upset rental, £4l 10s ; improvements, £350. Block LX TV, section 22 (now occupied by Mr George Morgan). Upset. Block LXV. section 11 (now occupied by Mr J. A. Williams). Upset rental, £8 10s; Improvements, £560. Block LXVI,

section 10 (now occupied by tenants of Mr 11. Marshall) Upset rental, £11; improvements, £175. Block LXYIII, section 16 now occupied by Messrs Brenchley Bros.). Upset rental, £22; improvements, £350.

Victorian 4’s June 3. ... 97 June 10 97 Victorian 3$’s * Victorian Si’s ... 83? — ... 91$ — Victorian Si’s t ... 76 76$ Now South Wales 4’s ... ... 95$ — New South Wales 3$’s ... 87$ 87? New South Wales Si’s $ ... 83$ 83$ New South Wales 3’s ... 79$ 78$ Queensland 4’s ... 97 97 Queensland 3$’s Queensland 3’s ... 91? 91$ ... 74$ 74? South Australian Si’s ... 86$ South Australian 3's ... — New Zealand 4$’s — New Zealand 4’s ... 95$ 95$ New Zealand 3$’s ... 83$ 83$ New Zealand—3’s ... 76 76$ Tasmanian 3$’s ' ... — Tasmanian 3’s ... West Australian 3$’s ... 87| 87? West Australian 3’s ... — 82

price is unchanged;— June G. June 12. d. d. Canterbury mutton, light ... 7 7 Canterbury mutton, medium 65 7 Canterbury mutton, heavy ... — 6| 65 Southland mutton — — —. N.l. mutton, best brands, 66-8415 63 7 N.l. mutton, ordinary, 66-641b .- 65 6* N.Z. ewes 6s G.V Australian mutton, light ... ... 64 6 7-16 Australian mutton, medium — — Australian mutton, heavy — 6j| Australian ewes 64 6* Hiver Plate mutton, light, 40-5615 ll« 65 River Plate mutton, heavy, 66-721b 64 62 Hiver Plate ewes — Canterbury lamb, light 8 5 8 i — Canterbury lamb, second quality — Canterbury lamb, medium 8iS — Canterbury lamb, heavy 84 — North Island lamb, selected 83 82 North Island lamb, ordinary 84 8 6-16 Southland lamb, selected ... ... — Southland lamb, ordinary Australian lamb, best brands 8 85 Australian lamb, lair quality 8 8 Australian lamb, inferior Ti 75 River Plate lamb, first quality... 75 Hiver Plate lamb, second quality 73 New Zealand beef, fores New Zealand beef, binds Australian beef, fores „ Australian beef, binds B. Plate beef, chilled lores 74 72 B. Plate beef, chilled hinds ... 9 85 B Plata beef, frozen fore* B. Plate beel, frozen hinds ... Uruguay frozen fores Uruguay frozen hinds Uruguay dulled fores Uruguay chilled hinds — S. American lambs, first quality — S. Ameiieaa lambs, second quality — *-None offering. Other meats are unchanged. Rabbits are steady, holders firm.