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COMMERCIAL.

PRICE OF OATMEAL. The price of oatmeal has been reduced; by £1 a ton. The current quotation is now hZ* a ton. I AUSTRALIAN MARKETS, SYDNEY, May 9. Oats: Algerian feeding, 5s 2d, 6s 3d; milling 5s sd, 5s 6d; Tasmanian, 5s 6d, 6s 9d. Barley: Cape, ss, 5s 3d. Maize, 8s 2d, 8s 3d. Potatoes: Tasmanian, £l3 10s, £ls. Onions, £l4. ADELAIDE, May 9. Oats, 6d, 4s 7<L MELBOURNE, May 9. Barley: English, 5s 3d to 5s 6d; Cape malting, 4s to 4s 2d. Oats: Algerian milling, 4a 8d to 4s 9d; feeding, 4s 5d to 4s 6d. Potatoes, £7 10s to £B. Onions, £l2 10s. OAMARTJ MARKETS. (Fkou Our Own Correspondent.) OAMARTJ, May 10.

The stock market continues in a parlous etate. This week's sale at the Waiareka yards was the poorest recorded for many years, but the Duntroon sale on the following day was a little better for sheep. The bright spot in the stock market was discovered at a clearing sale on Thursday at Windsor, when throe-shear ewes brought 26s 3d, three-ebear halfbrod owes 22a 9d, and two-tooth owes 40s 6d, and mixed-age ewes 28s. Sales by private treaty have been few. A line of six and eight-tooth owes changed hands at 255; six and eight-tooth ewes in backward condition 12s 6d, and halfbrod etore hill lambs 12s Gd. A few fat cattle have been dealt in at the following prices:—Pat bullocks, £l6; fat steers, £l2; fat cows, £8 to £9; fat heifers ,£7; vea.lers, £2 to £3; calves, from 10s to 2Ss. Dairy cows coming to prcifit or© in good demand, and from £l2 to £l4 has beon obtained for good animalsj whilo aged cowa

Lave sold at from £6 to £7, and hoifeTS at from £7 to £B.

SOUTHLAND MARKETS. (From Our Own Correspondent.) INVERCARGILL, May 10. During the past week several stock sales have been held in the country, and until yesterday at O'.autau tnings remained practically the same as for the last fortnight. At Otautau, however, the sales showed a marked improvement, there being a rise of about 2s per head on most classes. Harvesting operations are pretty well over, thus allowing formors to attend the sales. There was a fair inquiry for good forward lambs and for conditioned wethers. Prices may be quoted: Fat Cattle.—Prime ox beef, 435; heifer, 41s; cow, 38s; extra prime bullocks, £lB to £2l 10s; prime, £ls 10s to £l7; light and unfinished down to £ll 10s; extra prime cows, £l3 to £11; prime, £lO to £11; unfinished down to £8 10a; prime heifers, £ll to £l2 10s; medium, £9 10s to £lO 10s; light and unfinished, down to £B. Fat Sheep.—Extra prime wethers, 38s to £2; prime, 35s to 36s 6d; light and unfinished, down to 325; extra prime ewes, 28s to 30s; prime, 25s to 275; light and unfinished,' down to 18s. Store Sheep.—Good mixed sex lambs, lis to 12s 6d; medium, 8s to 10s; inferior, down to 4s Gd and 5s 6d; two-tooth wethers, 17s to 18s fox good sorts; four and six-tooth, 21s to 22s 6d; very forward condition four and six-tooth, 30s; two-tooth, 21s to 235; four-tooth ewes, 23s to 255; four-tooth ewes, 23s to 355; sound-mouthed ewes, 18s to £1 according to condition. Store Cattle.—The market remains practically unchanged in this section. Mixed »ex calves, 25s to 30s; medium sorts, £1 to 23a- poor and unfinished, down to 103; 18 months old aters, £2 to £2 15s; two and 2 1 year olds, £6 10s to £7 15s; three and 34 year olds, £9 10s to £lO 10s; dairy cows, £lO to £l3; po OT and unfinished down to £6.

ADDINGTON STOCK MARKET. CHRISTCHURCH, May 7. At the Addington market there was a very large entry of fat sheep, and more cattle were offered, but the yardmgs m other departments were genera ly smaller than those of the previous week. There was rather a better tone in the store sheep market, and wethers especially sold better Fat lambs were a little firmer, but fat cattle, which were mostly of medium qual ity were much easier, though anything really prime sold well up to late rates. The fat sheep market opened at about the previous week's prices, but soon eased off, and became irregular, and towards the end a number of lots were passed in. Prices were down from Is to 2s per head, and in some cases more. There was a poor sale for store cattle, and vealers were down in consequence of a heavy supply of the cheaper beef on th© market. Fat pigs sole) well, but stores were slow of sale. Store Sheep.—Two-tooth ewes, 20s 9d to 23s 9d; medium four and six-tooth, 16s 3d to 17s 3d; poorer sorts, 8s to 13s; four, six' and eight-tooths, 9s to 18s 3d; twotooth wethers, 19s to, 245; two and fourtooth, 20s to 23s Id; good four and sixtooth, 22s 3d to 255; medium, 17s 3d to 19s; mixed-sex lambs, 10s to 14s 2d; ewo lambs 7s Id to 13s Id; good half bred wether lambs, 17s Id; others, 6s 2d to 13s Fat Lambs.—Extra prime, 33s lOd; prime, 27s to 30s 3d; medium, 24s to. 265; lighter, 16s to 23s 6d. Fat Sheep.—Prime wethers, 32s 6d to 39s 6d; medium, 28s 6d to 325; lighter, 23s 8d to 28s; extra prime ewes, 36s lOd; prime, 29s 6d to 32s 6d; medium, 23s 6d to 29s ; lighter, 16s to 235. Fat Cattle.—Extra prime steers, to £24: prime, £l4 to £lB 10s; ordinary, £7 to £l3 10s- extra prime heifers, £ls 10s; prime, £ll to £l4; ordinary, £6 2s. 6d to_ £lO 10s ; extra prime cows, to £l6 10s; prime cows, £lO 10s to £l3 10s i ordinary, £7 to £lO. Store Cattle.—Calves, £2; eighteen months, £5 ss; dry cows, £2 to £6; bulls. £4 5s to £lO 10s; dairy cows, £7 to £lB 15s. Pigs.—Choppers, £4' to £lO lis; baconers £5 10s to £8 4s—equal to 9d and 9£d -per lb; porkers, £2 5s to £3 15s—equal to lOd per lb; best stores, £2 10s to £2 16s; medium, £2 to £2 8s; smaller, 22s to 30s; weaners, 12s to 21s. LIVE STOCK MARKET. Burnside, Wednesday, May 7. ' Fat Cattle.—An extremely heavy entry came forward, 338 head being yarded. The quality, taken all round, was fairly good, although a largo number of pens contained unfinished steers. As the number was m excess of requirements, prices receded about 15s to 20s par head, while unfinished cattle, in sympathy with the store market, were hard to dispose of. Extra prime heavy bullocks brought £2l to £24 10s; prime, £lB to £2O 10s; medium, £ls 10s to £l7 15s; light and unfinished, £9 10s to £l4; prime heifers, £l3 to £ls 15a; medium, £lO 10s to £l2; light and aged, £8 to £9 10s. Donald Reid and Co. sold: For George Ford (Momona), 2 bullocks £l7 10s, 2 £l6 I0s: R. E. Matheson (Fairlight), 3 bullocks £l7 12s 6d 1 heifer £8 15s; Miss C. Pctrio (Berwick), 1 heifer £ls; Mrs Walter and Son (Berwick), 2 bullocks £l2 10s, 1 heifer £l3 ss; executors of late Sir Gcorgo M'Lean, 3 bullocks £ll 17s 6d, 2 £l2 10s, 3 £lO 17s 6d, 1 £lB, 2 £l3, 2 £l2, 2 £10; W. G. M'Kay (Berwick), 2 heifers £ll, 2 £9 12s 6d; James Gow (Mosgiel), 1 bullock £22, 2 heifers £9 2s 6d; John Dove (East Taieri), 2 bullocks £l4: Miss C*. Bruoo (Momona), 1 heifer £9 10s; James Rentou (Mosgiel), 2 bullocks £lB 2s 6d; executors late William Kirk (Mosgiel). 2 bullocks £ls; Grant Bros. (Outram), 2 bullocks £l4 ss, 1 heifer £l4; A. Bathgate (Outram), 2 bullocks £9 ss; A. W. Douglass (Waikouaiti), 3 bulloclks £9 15s; John Beattie (Cambria;-.). 2 bullocks £2l, 3 £l7 10s, 2 £ls 15s, 2 £l3 ss. 2 £ll 2s 6d, 1 heifer £l2; Mrs D. H. Smith (Waikaka Valley), 4 bullocks £ll 7s 6d, 3 £lO 2s 6d. 2 £9 10s; R. E. Matheson (Fairlight), 3 bullocks, £l7 17s 6d. 1 £ls 7s 6d; Pyno, Gould, Guinness (Waimate), 16 bullocks £l7 10s. The Otago Farmers' Co-operative Association sold : For J. Dove (East Taiori), 2 bullocks £l7 15s; Mrs W. Kirk (Mosgiel), 3 bullocks £l7 ss; J. Callondcr (AUanton), 2 bullocks £l6 15s; A. Bathgate (Outram), 2 bullocks £l6 ss; J. Ronton (Mosgiel), 2 bullocks £ls 17s 6d; A. Douglas (East Taieri), 3 bullocks £5 12a 6d; Mrs B. Cohen (Otokia), 3 bullocks £l4 ss; IT. Snushall (Clydcvale), 3 bullocks £l4 10s, 3 £ll, 2 £lO 2s od. Wright, Stephenson, and Co. sold: For J. G Wyllio (Outram), 3 bullocks £lB, 2 £ls 2s 6d, 2 heifers £ll 2s 6d; J. W. Kerr (Mokotua). 2 bullocks £l7, 3 £l4 10s, 4 £l3 15s; Walter Blaokie (Mosgiel), 2 bullocks £l6; John Dovo (Mosgiel). Z bullocks £l6; J. R. Cook (Waitoi), 2 £l3 ss, 2 £lO 15s, 2 £ls 15s, 1 heifer £ls 10s, 1 cow £8 15s; C. W. Ottrey (Kelso), 3 bullocks £ls

2s 6d, 1 cow £ll ss; John Callander (Allanton). 2 bullocks £ls, 2 £l3 2s 6d; Captain Hankey (Warrington). 6 £l3; Mrs Cohen (Otokia), 3 buttocks £l2 17s 6d; in conjunction with National Mortgage and Agency Co., for J. M'Kerchar (Woodlands), 16 bullocks to £ls 10s. Stronach, Morris, and Co. sold: For W. Lindsay, sen. (Allanton), 2 bullocks £l6 10s, 2 £l4, 1 £ls 7s 6d 1 cow £lO 10s; W. Lindsay, jun., 1 cow £ll ss; W. Kirk (Mosgicl), 3 bullocks £l6, 2 £l4 17s 6d; IT. North and Sons (Qmimi), 2 bullocks £l4 17s 6d, 2 £l3 ss; J. C. Renton, jun. (Mosgiel), 2 bullocks £l4 2 5 6d; Mrs Cohen (Otokia), 2 bullocks £l3 2s 6d; Walter Blackie, sen. (Mosgiel), 1 bullock £ll 10s, 1 £9 12s 6d, 1 £7. Dalgety and Co. sold: For a client, 2 bullocks to £2l 15s, 4 cows to £l4 ss; J. and J. Sheppard (Lauder), 3 bullocks to £l7, 1 cow £l2 12s 6d; W. R. Piria (Gimmerburn), truck at quotations; Mrs Cohen, 3 bullocks £l2 15s.- The New Zealand Loan and Mercantile Agency Co. sold: For Robert Miller (Oreti), 14 bullocks to £l7 10s; Thos. Grant (Outraml, 1 bullock £l4 17s 6d, 1 £l3 2i 6d; John Callander (Allanton), pen bullocks to £l3 ss. The National Mortgage and Agency Comrxiny sold: For G. S. O'Neill (Patearoa). 1 "bullock £22 17s 6d; Z. A. Crump (Kelso), 1 bullock £lB ss, 1 £ls 15s; Mrs Shanks (Heriot), 1 bullock £l4 ss, 1 £10; E. Ottrev (Heriot), 1 cow £lO 7s 6d; a client. 1 cow, £l2: Walter Blackie (Mosgiel),. 2 bullocks £l7 15s;' James F. Harris (Moa Flat), 8 steers and heifers to £11; John M'Kercher (Woodlands), 4 heifers to £ll 10s. ' Store Cattle. —Donald Reid and Co. sold: For a client, 2 cows £1 10s, 2 £6 ss, 1 £4 12s 6d; Jas. Andrew (Wakari), 1 oow £2; Wm. Blackio (Glasgow Farm), 4 vealers £3 2s 6d : John Beattie (Cambrian), 2 cows £7 10s. 1 £5; Mrs C. Brace (Moraona), 1 cow £9 13s ;-R, Mitchell, 1 bull £ll i2s 6d, 26 yearlings £3 12s 6d, 9 steers £B_ Is. 8 cows £8 5s 4 heifers £6; G. C. Brinsdon (Brockville),' 1 bull £7 15s; Walter Blackie, 1 bull £6. The Otago Farmers' Cooperative Association of New Zealand sold: For S. White (Willowbank), 3 cows £8 17s, 3 steers, £7 6s. 2 heifers £4 12s 6d; A. G. Ma'rtin (Willowbank), 1 cow £8 17s; R. Finnie (East Taieri), 1 cow £7; D. M'Laren (Caversham), 1 bull £6; Wm. Grey (Milburn), 1 bull £6,. 3 yearlings £5, £4 ss, and £2 12s; R. Finnie (East Taieri), 7 heifers £4 ss; W. Blackie (Mosgiel), 8 £3 10s; J. Hogg (Waikouaiti), 1 bull £8; R. Mitchell (Outram), 1 bull £3; A. Blowers (Woodside), 1 cow £2; D. M'Neil (Owaka), 6 vealers 30s. Stronach, Morris and Co. sold: For Wm. Blackie (Mosgiel), 8 cows £7 15s 1 £7 7s 6d, 1 heifer £5; R. Mitchell (Dunedin), 1 bull £B, 7 cows £6 10s, 15 steers £5 2s, 26 yearlings £3 19s; Dan Booth (Leith Valley), 2 cows £5 15s. Daigety and Co. sold: For J. D. Dickison (Poroahaka), truck at market rates; John O'Neill (Waipiata), cattle at quotations; clients, bulls to £l2 and cows to £9. Wright. Stephenson and Co. sold: For Jas. Dow (Outram), 1 cow £10; C. W. Ottrey (Heriot), 1 steer £9 7s, 2 £7 15s, 1 cow £8 13s; J. Black (Broad Kay), 1 cow £8 13s, 1 £5 7s 6d; J. R. Sutherland (Glcncoe), 3 cows £8 3s, 2 heifers £6; John Rawcliffe (Kokdnga), 1 cow £B, 1 bull £7 10s; J. Landreth (Highcliff), 1 cow £7 ss, 4 £5 7s 6d; J. Mathieson (Highcliff), 5 steers £6; Wm. Geddes (Green Island), 2 cows £6; C. H. Hall (Portobello), 1 bull £7, 1 cow £1 17s 6d; J. H. Harris (NorthEast Harbour), 1 cow £5 lis,; Mrs E. Bell (Anderson's Bay), 3 cows £3 6s; Wm. Blackie (Mosgiel), 4 vealers £3 6s; S. Maxwell (Woodside), 1 bull £5; Hamilton Bros. (Caversham), 1 bull £5 5s The National Mortgage and Agency Company sold: For Z. A. Crump (Kelso). 2 cows £lO ss; a south client, 1 cow £7 7s 6rl: Mrs T. Wilson (Tananui), 1 cow £5 ss; W. Holt (Kelso), 1 cow £3 7s 6d; clients, ] cow £7 15s, 8 steers £8 7s 6d, 7 £7 10s, 1 £5 6s; Mr Shanks (Heriot), 1 bull £5 2s 6d; Waite and Taylor (Waiwera), 10'calves £1 7s; E Ottrey (Heriot), 1 vealer £2 lbs; a client, 1 vealer £2 17s, 1 cow £7 15s. Dairy Cows.—Donald Reid and Co. sold: For a client, 1 £l2 ss, 1 £l4 10s.—-The Otago Farmers' Co-operative Association sold- For Richard Mitchell (Outram), 1 heifer £8 ss; D. Ruthven (Mosgiel), 1 cow £8; Jas. N.' Blair (East Taieri), 1 cow £7 12s 6d; J. Hogg (Waikouaiti) 1 cow £6 Stronach, Morris and Co. sold: I'or L 'A. Bennett (Highcliff), 1 cow £8 ss; B. Moore (Warrington) 1 cow £7 5b,, 1. £3 15s; Mathias and Son (The Beeches) 1 cow £7 ss; R. Mitchell (Dunedin), 1 heifer £7 ss. Wright, Stephenson and Co. sold: For J. L. Nolan (Pukehiki) 1 oow £ls; A. West 1 cow £ll 10s; J. L. Mathieson (H'ghciitt) 1 heifer £ll 10s; H*. Dunn (North-East Valley) 2 cows £9 17s 6d; J H. Hams, North-East Harbour), 1 cow £9 17s 6d 1 £7 15s; b. Maxwell (Woodside), 1 cow £6 Us 6d. Calves —Donald Reid and Co. sold: For T. Fegans (Brighton) 1 17si. 1 14s 6d 1 10s; J. A. Johnston (Shiel Hill). 1 ss _6d; J Pryde (Mornington), 1 4s; J. R. Kennard (Pine Hill), t 17s, 11&|T. W. Kitto (Green Island), 1 12s; D Adam Green Island) 1 12s; Jas. Alexander (Green Island),' 1 lis 6d, 1 lis.— r The Otago Farmers' Co-operative Association sold: l<or A M Sidey (Caversham), 1 295; M'Kenzie (Sawyers' Bay), 1 24s 1 15s, 1 12s, 1 lis- a client, 1 235; A. Walker (Sawyers Bay) 1 21s; T. Landreth (N.E. Harbour), 1 20s 1 12s,- 1 12s; J. Harbrow (Tomahawk), 1 13s; R. Markby (Halfway Bush), I q s __l—Wright, Stephenson, and Co. sold: For J. Landreth (Highcliff), 1 365, 1 21s, 1 20«- J A. Dickson (Portobello), 2 355, 1 295; A. Harris (Saddle Hill), 1 13s; Hamilton'Bros. (Caversham}; 1 16s, 1 8s; F. H. Perry (Fairfield). 1 ss, 1 4s, 1 3s 6d; R. Mathieson (Tomahawk), 1 4s. Stronach, Morris, and" Co. sold: F'or A. Ellis (Mostriel) 1 21s: J. Bain (Kaikorai), 1 17s, 1 12s;"'E. Smart (Wakari), 1 17s; T. Whittaker (Mosgiel), 1 Bs. Fat Sheep.—A very large yarding, nam-bc-rino- 3482, the quality boing not so good "as last week. At the commencement of tbs sale competition was animated, and prices wore a shade better than last week, but as the sale progressed they receded to the low' level of last week. Prime wethers. 42s to 52s 9d ; medium, 34s to 40s; light and unfinished. 20s to 30s; prime ewes, 30s to 39s 9d : medium, 25s to 28s 6d; light and unfinished, 10s to 23s 6d. D. Reid and Co. sold: For A. Munro (Berwick), 15 wethers 425. 26 39s 6d, 39 37s cd; G. S. Wilson (Glenomnru), 21 ewe 3 355. 13 30s 9d, 29 27s 6rl: Hamilton and Co. (Winton), 26 32s 6d, 22 30s, 10 27s 9d ; F. J. Dyer (Mossburn), 27 wethers 29s 6d, 30 26s 3d; a client, 9 ew-es 235; a Central client, 130 ewes to 22s 3d: R. M. Johnstone (Sutton), 25 ewes 17s 9d : A. King (Kyeburn), 63 ewes 18s to 21s 3d; James Gilbert (Sutton), pen ewes at quotations; M. Cbgan (Patearoa), 13 ewes 18s to 375; W. Cameron (Mataura), 55 wethers 22s 9d to 26s 9d; W. R. M'Fadden (Moneymore), 42 wethers 203 6d; Canterbury Farnicxa' Co-operative

Association (Waimate), 54 ewes 24s 6d to 29s 3d; F. Manzies (Grassy Hills), 9 ewes 295; W J. M'Lean (Glonavy), 50 ewes 25s to 38s; R. Mitchell (Poatiri), 303 sheep afc quotations; a Taieri client. 40 wethers 19s. The Otago Farmers' Co-operative Association sold: For J. F. Herbert (Heriot), 26 wethers 50s 6d, 22 49s 9d, pen 48s; W. N. Mawhinney (Gimmerburn), 26 wethers 30s 6d, 30 ewes 24s 6d, 31 23s 3d, 27 18s 3d ; A. Cleugh (Gimmerburn). pen ewes 28s 9d. do 26s 6d; John Coyle (Kyeburn), 15 ewes and wethers 25s 9d, 26 20s, 24 4s; P. L. Black (Gimmerburn), 43 ewes at market rates ; a client, 105' ewes and 2 rams 19s, pen rams 18s. Stronach, Morris, and Co. sold: For Ardmoro Estate (Kelso), 25 wethers 44s 3d, 35 375, 40 35. s 6d, 38 35s 3d, 23 31s, 18 30s 3d, pan ewes 30s; R. Mitchell (Dunedin), K 4 wethers 345, 33 ewes 17s 9d. Dalgetv and Co. sold: For F. Williamson (Tabletop), 113 ewes to 32s 8d; S. Davidson (North Branch), truck sheep to 35s 3d; C. Alexander (Black Gully), 66 ewes and wethers to 25s 6d ; Neil Johnstone, truck sheep to 435; Miss M'Cluskey (Te Puke Wai), _36 wethers at quotations; A. Sharkey (Gimmerburn), 70 ewes at market rates. ——The New Zealand Loan and Mercantile Agency Co. sold: For G. A. Burnett (Otautan), 34 wethers 46s 9d, 22 43s 6d; P. and J. Deegan (Oreti), 32 wethers 435, 20 40s ;Arthur Light (Maungatua), 21 wethers 37s 6d, 19 33s 6d; W.' Smith (Winton), 34- wethers 39s 9d, 30 355, 39 ewes to 345; Cooper Bros. (Gore), 28 wethers 355, 17 ewes 28s, 10 24s 3d; A. Neill (Wendon), 41 ewes 31s 9d. 46 295, 39 275; James Ryan (Otautau), 58 ewes to 31s 6d; a north client, 7 wethers 325, 61 ewes 25s 6d ; W. Bryant (Otokia), 47 ewes and wethers to 31s 3d; J. M. Stewart (Clinton), 65 ewes to 245; Steel and Drake (Berwick), 60 wethei-s at current rates; J. M'Master (Riversdale). 129 ewes at quotations. Wright, Stephenson, and Co. sold; For James Chapman (Dunback), 37 ewes 35a 9d, 44 31s 6d, 40 30s 6d. 59 265; D. M'Rae (Middlemarch), 32 wethers 33s 6d, 10 28s, 11 ewes 31s 3d. 20 27s 6d, 22 22s 3d; James Gow (Mosgiel), pen ewes 32s 3d; O'Hara Bros. (Otama), 32 ewes 31s, 21 275, 12 wethers 28s 6d; David Wright (Palmerston), 30 ewes to 26s 6d; E. C. Studholme (Wai* mate), 33 ewes 245, 34 225; Alex. Thomson (Kelso), 51 wethers to 23s 9d. The National Moi+gage and Agency Company sold: For Mrs Shanks (Heriot), 10 wethers 34s 6d, 19 34s 3d, 32 ewes to 29s 9d; D. Grant (Timaru). 18 ewes 37s 6d, 35 to 34s 3d; J. F. Harris (Moa Flat), 67 ewes to 22s 6d; A. Bray (Waikouaiti), 27 wethers 35s 6d, 32 to 295. 3d; J. Patterson (Otaio). 12 wethers 35s 3d, 50 to 30s 6d ; Peter Kane (Corriedale), 11 wethers to 28s 9d, 13 ewes 23s 9d; A. D. Murray (Corriedale), 25 ewes 27s 3d, 32 24s 9d, 13 225; a client, 63 ewes to 21s, 5 rams 22s 6d; Angrus Coustoa (Wairuna), 16 ewes 26s 6d, 46 to 20s 6d; Manson and Holloway, 62 wethers to 23s 6d; G. J. Paterson (Gimmerburn), 20 wethers 31s 9d, 46 ewes to 245; a client, 13 ewes 30s 9d, 9 27s 3d, 6 28s; Mrs M'Guckin (Ornakau), 15 ewes 20s.

Fat Lambs. —Another fairly large yarding-, 1506 being penned. The quality taken all round was only medium, there being a number or pons of unfinished lambs. The demand from exporters was not keen, and prices .showed no advance on last week's rates. Graziers were buying unfinished lambs, otherwise prices for these would have been very low. Best, 26s to 30s 3d; medium, 18s to 22s 6d; others, 13s to 17b. Donald Reid and Co. sold: For M. Cogan (Patearoa), 57 22s to 23s • W. King (Kyeburn), 16 19s; R. M'Fadden (Moneymore), 56 16s 3d to 17s 6d; a olient, 6 22s 6d; D. Andrew (Mosgiel), 52 275; 8,. Mitchell (Poatiri), 245 at quotations.—— Tha Otago Farmers' Co-operative Association sold: For A. Cleugh (Gimmerburn), 28 25s 9d, 21 25s 9d, 42 225, 3o 21s 6d; W. M. Mawhinney (Gimmerburn), 47 24s 9d, 24 20s; P. S. Black, 116 at market rates; J. Coyle (Kyeburn), pen 14s. Dalgety and Co. sold: For A. Sharkey (Gimmerburn), 210 at market rates; Special School (Otekaiko), 32 24s fed; Miss M'Cluskey- (Te Puki Wai), 28 to 28s; Weston Lodge (Mangatua), 65 to 21s 3d; R. Mitchell, 74 at market rates; D. Sheddan (Tapanui), 28 at quotations. Wright, Stephenson, and Co. sold: For J as. Gow (Mosgiel), 1 30s 3d, 29 25s 3d, 10 23s 3d; D. M'Rae (Middlemarch), 33 265; J. T. Simpson (Fairfax), 6 28s 9d, 26 24s 9d, 17 235, 22 17s 3d. The New Zealand Loan and Mercantile Agency Company sold: For W. Smith (Winton), 5 30s; Cooper Bros. (Gore), 5 28s; Mrs W. Bryant (Otokia), pen 28s; W. Bryant (Otokia), 11 2bs; Stiell and Drake (Berwick), pen 245. The National Mortgage and Agency Company so!d: For P. Kane (Corriedale), 29 25s 3d; A. D. Murray (Corriedale), 12 225; G. J. Paterson (Gimmerburn), 5 25s 6d; a client, 42 to 22s : Mrs MGuckin (Omakau), 249 to 22s 6d.

Pigs.—A large entry of fat pigs were penned, and a small offering of stores and suckers! Baconers were lower by 5s to 7s 6d as compared with last week's values, but porkers met a brisk sale. Stores were in short supply, and sold at prices satisfactory to vendors. Donald Reid and Co. sold: For J. Hedges (Caversham), 1 £2; A. Yuill (Flag Swamp), 6 £6 16s; Jno. Buttar (Upper Junction), 4 £4 14e; W. Baird (Momona), 2 £5 7s: Geo. Newman (Momona), 2 £5 Is, 2 £3 18s; J. A. Johnston (Anderson's Bay), 1 £7 «s; Jno. Macdonald (Sutton), 1 £5 16s, 1 £4; Kenny and Wheeler (Henley), 2 £2 13s, 3 £2 2s, 3 £3 Bs, 2 £2 ss: Jno. Gilbert (Sutton), 2 £5 15s; a client, 4 £5 15s, 1 £4; F. Moynihan (Sutton), 1 £7: a client, 3 £4 3s; D. Gordon (Outram), 1 £3 12s; T. G. White (Flag Swamp), 2 £6 ss, 2 £s.~rThe Ofcago Farmers' Co-operative Association sold: For Stirling Dairy Factory, 6 £3 18s, 4 £3 9s. 1 £3 ss, 9 £3; D. P. Wilson (North Taieri). 1 £6; A. E. Whyte (Sawyers Bay), 1 £5 10s; F. Martin, 1 £5 8s- Mrs A. Foote (Signal Hill), I £3 ss; a client, 2 £2; Roberts (Flag Swamp), 1 boar £1 ss. Wright, Stephenson and Co. sold: For E. Hellyer (Anderson's Bay), 2 £7 Is; J- Weir (Sandymount), 2 £6 6s; J C Paterson (Leith Valley), 1 £5; L. Matheson (Burnside), 1 £3. Stroiiach, Morris and Co. soid: For J. W. Thurlow (Green Island), 1 £7 2s; J. R. Prentice (Mosgiel), 2 £6 15s; T. .M'Carthy (Leith Valley), 2 £5 13s; B. Moore (Warrington) 1 £5; Jas. Moore (North-East Valley), 1 £4 15s 1 £3; Geo. Newman (Momona), 2 £4; R, J. Wright (Upper Junction), 2 £4 6s; Jas. Hall (North-East Valley), 1 £3 • Mrs A. M'Lelland (Momona), 1 £2 dV-'d Snell (Momona), 1 £1 10s; G. JohnSone (OSM 2 455, 2 325, 7 225, 2 11.1 J. Gamble (Wyllio s Crossing), 2 28, 2 255. 1 20s 6d. Dalgety and Co. sold^For KDecial school (Otekaike , 1 £7 ls.——lna New Zealand Loan and Mercantile Agency sold- For Chas. Foster (Ihornbury), m *«fi2 16s The National Mortgage s>d A-ency Co. sold: For H. Walton (•SmimV, 3 baconers £5 2s, 6 £5; a client, 2 baconers £4 Bs, 2 £4, 2 £3 18s.

THE FRUIT WORLD. Reilly's Central Produce Mart (Ltd.) report: —Heavy consignments of fruit continue •to arrive from Nelson, some hundreds of cases of Jonathans reaching the market each week. The fruit is of beautiful quality. All lines of produce are moving steadily. A. further shipment of Golden Bay bacon has just arrived. We have a keen demand for" stamped and guaranteed eggs, oatsheaf chaff, vegetables of all descriptions, and poultry, especially young cockerels and ducks. Turkeys are also wanted, and 13d per lb is obtainable. The following prices were secured for our consignors:—Apples: Cox's Orange, 10s to 12s; Delicious, 10s to lis 6d; Jonathans, 9a to 10s Od; inferior fruit, 4s to 6s; choice cookers fire wanted at 6s 6d, 7s 9d; inferior, from 3a to ss. Pears: Winter Nelis, to lis 3d; Coles, to 10s 6d; Clairgeaus, Bosc, Mario Louise, 7s to 9s; cooking pears, 4s to 6s; inferior, 2s 6d case. Lemons: "Mission" brand, 40s. Oranges: Rarotongas, 255. Grapes: Wanted; locals, Barbarosa, is 7|d; Hamburgs, is 4Jd; Gros Colmars, 2s 9d. Peaches, 2|d to 4d. Plums: Coe's Late xted, 2d to 3d. Quinces, 2sd. Chillies, 4s 6d per case. Egg fruit, 103 to 15s. Garlic, to 4d per lb. Tomatoes: Otago Centrals, to 9d; Christchurch, to BJd; locals, to Is 3Jd per lb; Nelsons, 7s Cd to 8s 6d per case. Green peas, 3£d to 4Jd. Potatoes: Locals, 8s 6d to 10s per cwt; northern, £7 15s to £8 5s per ton. Cauliflower, 3s to 6s 6d per dozen. Vegetable marrows, to 12s. Cabbage, Is 6d to 5s 6d. Lettuce, to Is 9d. Cucumbers, 13s per dozen. Onions: Prime, 10s per cwt. Swede turnips, 5s per sack. Bacon: Golden Bay rolls, Is 3£d; sides, Is 2Jd; hams, "Is 3£d. Pigs: Baconers, prime, to 9£d; porkers, to 9jd; heavy weights, 5d to 7d per lb. .Butter: Bulk, to Is 4d; separator pats, to 'ls 6d. Eggs: Stamped and guaranteed, 2s 8d; .preserved,- Is • lid. Honey: Sections (choice), lis per -dozen; bulk, 6Jd. Tea: Special, quality-" Broken Orange Pekoe," 2s per lb, in 51b .boxes. ■ Linseed meal and calf foods, 15s per. 1001 b. Meat Meal: "Cross Kays," 18s per 1001 b. Molasses, 8s per cwt in casks; Oatsheaf chaff: Choice, £6 10s, £7. Oaten dust, 5s 6d per sack. Oaten straw chaff, £4 ss. Wheaten straw chaff, £3 10s. Wheat: Choice whole fowl wheat; 6s 9d; broken, 6s 6d per bushel. Oats: Duns, 4s 3d; A grade Gartons, 4s 6d. Bran, 7s per -1001 b bag. Wheaten pollard, 14s per 1501 b.. Farro food, 9s per 1001 b. Lime Sulphur: 2s 3d per gallon in barrels; 4-gallon tins, 3s per gallon. Bluestone, 79s per cwt. Beeswax, 2s per lb. Egg crates, 12s Gd. Poultry: A large entry of pullets forward; small and unfinished realised from 2s to 4s each; welldeveloped birds from 4s to 9s each; liens, 2s to 3s 6d; cockerels, from 2s 6d to 4s 6d; ducks, 3s 6d to 4s 6d each. E. OSWALD REILLY, Managing Director, Moray place, Dunedin.

TRUSTEES, EXECUTORS, AND AGENCY COMPANY. The thirty-seventh annual report states that the profit and loss account shows a net profit for the year of. £2168 18s lOd, to which has to be added the balance of £5187 18s 5d from last year, making a total at credit of £7356 17s 3d. An interim dividend of 10. .per cent....pei. annum for the half-year ended September 30 was paid, amounting to £SOO, leaving a balance to be dealt with of £sßs6 17s 3d. Of this balance the directors recommend the following appropriation, to be made:—To dividend of 5 per cent., making 10 per cent, "for the year, £500; to bonus at 5' per cent, on' £IO,OOO, £500; to be written off office furniture and stationery, £80; balance 'to be" carried forward (less late manager's commission on net profits), £5776 17s 3d. The retiring directors are Messrs Alexander Bathgate and John Roberts, C.M.G., who offer themselves for re-election. The directors place on record their high appreciation of the services rendered to the company by Mr William, Laurence Simpson, who retired on December 31 from the position .of manager after continuous and faithful service since the inoejjtion of the company in 1881. The' directors recommend that these services be recognised by a 'substantial retiring allowance, which shareholders will be asked to grant. NEW ZEALAND PAPER MILLS. The a-.nual report of the New Zealand Paper Mills states that, after making provision for all bad and doubtful debts, for depreciation on plant and machinery, for income and war taxes, and deducting the interim dividend of £3317 2s 6d paid on 6th November, there is left available £14,475 lis Ed. The directors recommend that this be dealt with as follows-.—Payment of dividend at the rate of 4 per cent, for the half-year (making 7J' per cent, for the year), £3791; payment of a bonus at the rate of 6d per share, £2368. 7.5. 6d; add to reserve fund, £5000; carry forward, £3315 3s lid;—total, £14,475 lis sd. In spite of the continued abnormal conditions caused by the war, trade has been steady during the year, although in common with all other industries some dislocation resulted from the epidemic in November. The difficulty of procuring sufficient supplies of raw material is giving the directors some concern, but the outlook for the future in this direction is much brighter. THE A.M.P. SOCIETY. We have received a copy of the seventieth -annual report of the Australian Mutual Provident Society. It shows that the new business in the ordinary department in 1018 comprised 22,458 policies assuring £7,981,170, and 46 annuities for a total of £2643 Os 4dl per annum. In the industrial department 34,092 new policies were issued assuring £1,597,252 5s Od. The new business in each department was a record for the society. Claims by death in the ordinary department amounted to £2,074,607 6s 4d, including £459,161 12s 8d for bonus additions. Death claims due to the war (included in the foregoing total) amounted- to £767,146 17s 9d Endowment and endowment assurance policies amounting to £817,920 4s lOd, including £208,851 9s 5d for bonus additions, have matured. The void business from other causes comprised 5687 ' policies assuring £1,618,699 9s lid, and annuities of £5411 3s 4d. The accumulated fund, including the amoxmt at credit of the industrial department, has been increased by £1,548,750 0s 6d, and now amounts to £39,190,281 2a 6d, whioJi includes a sum of £28,540 lis 2d in tho. claims investment account. In addition to this there is'an amount of £63,922 7s lOd at credit of the investment fluctuation fund, making a total of £39,203 10s 4d. The actuary's report discloses a cash surplus of funds over liabilities of £1,197,931 7s 9d in the ordinary department, and of £33,284 17s lOd in th« industrial department. Out of these surpluses the board resolved to allot for distribution among tho members tho cum of £1,005,931 7s 9d in the ordinary department and £33,284 17a lOd in the indxistrial department. These sums will provide reversionary bonuses of about £1,700,000 and £47,000 respectively, which aro materially In excess of those allotted' laat year.

PRIVATE COMPANIES. The registration of the following private companies is notified in the Mercantile Gazette: — . _ Maungatua Co-operative Dairy Factory Co. Capital: £2500, into 2500 shares of £1 each. Subscribers: Maungatua—Richard A. Kempshell 50, James Miller 50, T. C. Thomson 30; Berwick-W. G. Mackay 40, G. Lyall 20; Wylie's Crossing—D. T. Shand 50; Otokia— John Matheson 25. Objects: To carry on business of, and to deal in, milk, cream, butter cto* Plumbers (Ltd.). Capital: £BOOO, into 8000 shares of £1 each. Subscribers: Wellington— A. W Thompson 4000, F- T. Warring 1000; Dunedin—J. A. Brown 3000. Objects: To carry on business of mechanical engineers, metal workers, plumber 3, etc. DOMINION RUBBER COMPANY. The April output of rubber was 21,5931 b, the proceeds of the- February rubber £1694, and the present price Is lOd per lb INVESTMENT STOCKS. May 12. National Bank—Sellers £6 8s 6d. Union Bank—Buyers £56 10s. National Insurance —Sellers £3 18s. N.Z. Insurance—Buyers £l2 13s 6d. Standard Insurance—Buyers £2 10s. Union Steam (pref.)—Buyers £1 Is 3d. P. and 0. (deferred)—Buyers £4OO, sellers £4Ol. I-luddart-Parker (orcl.)—Buyers £1 19s 6d, sellers £1 19s 9d. Westport Coal Co.—Buyers £1 Us 9d. Westport-Stockton (ord.j— Sellers 7s 6d. N.Z. Coal and Oil—Buyers 3s 2d. D.I.C. (ord.)— Buyers Is 3d prem. D.I.C. (pref.)—Buyers £1 0s 4d. Dalgety and Co.—Buyers £lO 6s. Dominion Rubber Co.—Buyers £1 lis, sellers £1 15s. N.Z. Refrigerating Co.—Buyers £2 16s, sellers £2 17s. Milburn Lime and Cement—Sellers £1 15s. Mosgiel Woollen Factory—Buyers £6 2s. National Mortgage—Buyers £4 14s. N.Z. Drug Co. (£2 paid)—Buyers £2 13s 6d. N.Z. Portland Cement (ord.)—Sellers 16s. N.Z. Paper Mills—Buyers £1 7s 6rl. Otago Daily Times—Buyers £2 17s. Perpetual Trustees—Buyers £1 Bs. ' Goldsbrough-Mort—Sellers £2 7s.

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Otago Witness, Issue 3400, 14 May 1919, Page 28

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5,576

COMMERCIAL. Otago Witness, Issue 3400, 14 May 1919, Page 28

COMMERCIAL. Otago Witness, Issue 3400, 14 May 1919, Page 28

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