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COMMERCIAL.

WEEKLY MARKET REPORTS.

BURNSIDE, August 26. Fat Cattle.—There was a large yarding consisting of a number of pens of good quality cattle, with a number of pens of medium quality. Competition at no part of the sale was keen, and prices for all classes were easier by 30s per head. Extra prime bullocks made to £l5 17s 6d, prime heavy £l4 to £l5, heavy £l2 10s to £l3, light and unfinished £7 to £8 10s, extra prime cows and heifers £8 17s 6d to £lO 2s 6d. prime £7 to £B, medium £5 5s to £6, light and unfinished £4 upwards. Wright, Stephenson and Co., Ltd., sold: For W. I. Nichol (Allanton), 1 bullock £l5 7s 6d, 1 £l4 2s 6d, 3 £l2 2s 6d, 3 £ll 17s 6d, 3 £lO 12s 6d; W. J. and F. D. Reid (Woodside), 3 bullocks £l4 2s 6d, 2 £l2; S. Young (Allanton). 2 bullocks £l3 17s 6d: A. 8. Murray (Mosgiel), 1 bullock £ll 12s 3d; James Robertson and Son (Waikoikoi), 4 bullocks £lO 2s 6d, 1 £6 12s 6d, 1 heifer £9 7s 6d, 1 £8 12s 6d: H. Blair (Tokonui , 3 bullocks £9 12s 6d, 3 £8 7s 6d, 1 £8 17s 6d, 1 cow £6 12s 6d; Thomsons. Ltd. (Wairongoa), 2 bullocks £9 7s 6d; S. E. I Smith (Henley), 2 bullocks £9 17s 3d. 2 £8 12s 6d. W. Lindsay (Allanton), I cow £6 17s 6d, 1 £6 7s 6d. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For W. Lindsay (Allanton), 2 bullocks £lO 17s 6d. The New Zealand Loan and Mercantile Agency Company, Ltd., sold: For W. Lindsay (Allanton). 2 bullocks £ll 2s 6d; A. S. Murray (“Keith Hall,” Mosgiel). 1 bullock £lO 17s 6d, 1 heifer £7 7s 6d; a client. 1 bullock £lO 12s 6d, 2 £lO 2s 6d: J. M'Hardy (Burn’s Creek), 1 bullock £9 2s 6d, 1 £8 7s 6d, 1 £8; A. Moynihan (Momona), 1 heifer £7 3s 6d; W. D. Allan (Portobello), 1 bullock £6 17s 6d.——The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For Mrs MGrant (Outram). 2 bullocks £l7 7s 6d. 2 £l5 17s 6d. 2 £l4 7s 6d, 1 £l4; George Wilson (Glenomaru), 2 bullocks £l4 17s 6d, 1 £l2 2s 6d, 2 £ll 2s 6d, 2 £lO 10s; James Urquhart (“Forres”), 2 bullocks £l3 17s 6d. 2 £l2 17s 6d, 3 £ll 7s 6d, 3 £ll 7s 6d, 2 £lO 2s 6d; Hugh Thomson (Outram). 4 bullocks £ll 17s 6d; A. Murray (“Keith Hall,” Mosgiel), 2 bullocks £lO 7s 6d; Alexander Moynihan (Momona). 2 bullocks £lO 2s 6d; T. O’Halloran (“The Crescent”), 2 bullocks £8 17s 6d; W. Lindsay (Allanton), 1 bullock £lO 2s 6d, 1 heifer £7 12s 6d, 1 £7 7s 6d, 1 £6 17s 6d; Peter Gillespie (“Grass Hills”), 1 bullock £9 7s 6d, 1 £8 7s 6d 1 heifer £8 2s 6d. 1 £7 12s 6d, 1 £7 2s 6d, 1 £6 17s 6d, 1 £6 7s 6d, I £6 12s 6d; James Thomson (Brighton road), 1 heifer £5 17s 6d. Stronach, Morris, and Co.. Ltd., sold: For Mrs A. J. Bell (Stirling), 2 bullocks £l5 12s Gd. 3 £l3 17s 6d, 2 £ll 12s 6d; C. O’Neill (Sutton). 2 bullocks £l3 7s 6d, 2 £l2 2s 6d, 3 £lO 17s 6d: A. S. Murray (Mosgiel). 1 bullock £ll 2s 6d; Thomson and Co. (Wairongoa), 2 bullocks £9 15s; W. A. Soper (Greenfield), 2 bullocks £8 10s. 2 £7; Mrs H. M. Boyd (Stirling i. 1 cow £8 7s 6d, 1 £8 ss. 1 £8 2s 6d, 2 £7 12s 6d, 1 £7 2s 6d. 2 £6 17s 6d; W.

Lindsay (Allanton), 1 heifer £7 7s 6d 1 £6 12s 6d; clients, 2 bullocks £l4 10s, 4 £l4 2s 6d, 1 £l3 2s 6d. 2 £lO 17s 6d. 1 £9 2s 6d. 1 £9. Dalgety and Co., Ltd., sold: For J. M’Donald (“Glen Burn”), 3 bullocks £l3 17s 6d, 2 £lO 2s 6d, 3 £7 17s 6d; A. Jackson (“Pine View”). 2 bullocks £9 7s 6d, 2 £8 12s 6d: Samuel Young (Outram), 2 bullocks £9 7s 6d; W. Lindsay (Allanton), 1 bullock £9 17s fid, 2 cows £6 7s 6d: Thomsons, Ltd. (“ Wairongoa,” North Taieri). 2 bullocks £8 7s 6d; J. P. Herlihy (Patearoa), 2 bullocks £lO 2s 6d, 3 £9 12s 6d, 1 cow £8 17s 6cl, 1 £7 17s Gd, 1 heifer £lO 2s 6d: J. Chisholm (Palmerston), 2 bullocks £7 17s 6d. 2 £6 12s 6d, 1 weaner £4 15s. Donald Reid and Co., Ltd., sold: For Stuart Hall (Balclutha), 3 bullocks £l4 7s 6d. 1 £l3, 1 £l2 7s 6d. 1 £ll, 2 £lO 17s 6d; Hastings Bros. (Stirling), 2 bullocks £l3 17s 6d, 1 £l3 2s 6d, 1 £ll 2s 6d, 3 £lO 2s Gd: S. Young (Outram). 2 bullocks £ll 2s 6d, 2 £lO 12s 6d; Thomson and Co. (Wairongoa), 2 bullocks £lO 12s 6d;James Thomson (Maungatua), 1 bullock £lO 12s 6d, 5 £lO 2s 6d; Hugh Thomson (Outram), 2 bullocks £lO 2s 6d; A. Moynihan (Momona), 2 bullocks £9 17s 6d. Store Cattle.—There was a very small entry, and prices were on a par with last sale’s rates. Wright, Stephenson, and Co., Ltd., sold: For H. Blair (Tokonui), 1 heifer £5 13s 6d; Chisholm Bros. (Palmerston), 1 vealer £5; S. Young (Outram), 1 vealer £3 ss; W. Lindsay (Allanton), 1 bull £3; G. T. Donaldson (Burnside). 1 heifer £3 lOe, 1 steer £1 16s; D. Hannah (Outram). 3 heifers £1 14s. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For J. A. Nicolson (Moa Creek), 1 cow £4 10s, 1 £3 10s. 1 £3; a client, 1 cow £2 2s 6d, 1 £1; T. Hewitt (Goodwood), 1 calf 24e, 1 17s, 1 15s; G. M'Leod (Brighton), 1 calf 12s. New Zealand Loan and Mercantile Agency’ Company, Ltd,, sold: For A. Moynihan (Momona), 1 steer £2 10s. The Otago Farmers’ Co-operative Association of New Zealand, Ltd., sold: For W. Curran (West Plains), 1 cow £5 17s 6d, 1 £5 10s, 2 £5, 1 heifer £4 16s. 1 £4, 1 vealer £2 ss. 2 £1 10s, 1 £1 2s 6d; John Bain. jun. (Maori Hill), 1 cow’ £5 12s 6d, 1 bull £3 7e 6d; William Lindsay (Allanton), 1 cow £6 10s, 1 £2 10s; F. Hutton (Edendale), 2 cows £4 10s, 2 £4 2s 6d, 1 £3 17s 6d, 2 £3 10s, 1 heifer £4, 1 £3 10s; James Thomson (Brighton road), 1 cow £4 ss; D. Ireland (Mosgiel), 1 cow £4 2s 6d, 1 £4 2s; H. Kirkland (Brighton road), 1 cow £3 2s 6d. Stronach. Morris, and Co., Ltd., sold: For Mrs H. M. Boyd (Stirling), 1 calf £1 12s 6d: a client, 4 heifers £3 12s 6d. Donald Reid and Co., Ltd., sold: For a client, 3 steers £6 6s, 1 vealer £1 7s; George Coutts (Milton), 1 cow £6 7s; Gunther Bros. (Milton), 1 cow £2; a client, 1 steer £2 7s Gd; A. Peake, 1 bull £3 10s; a client, 1 cow £2 10s, 1 heifer £1 Bs. Dairy Cows. —Stronach, Morris, and Co., Ltd., sold :. For J. L. Clarke (Leith Valley), 1 dairy cow £5 7s 6d, 1 heifer £3 ss. Wright, Stephenson, and Co., Ltd.,

sold: For M’Ara Bros. (Pine Hill), 1' dairy cow £7 10s; D. T. Schaumann (Waikouaiti), 1 dairy cow £7 ss, 1 £5 15s, 1 £5 ss; W. Barron (Outram), 1 dairy cow £6 ss; S. Morris (Saddle Hill), 1 dairy cow £6; L. I. Gibbs (Brighton), 1 dairy cow £5 10s. The Otago Farmers’ Co-opera-tive Association of New Zealand, Ltd., sold: For Mrs Welham (Brockville), 1 cow £9 2s Gd; G. Donaldson (Burnside). 1 cow £7 ss, 1 £6 10s; a client, 1 heifer £6; Alex. Matbieson (Tomahawk), 2 cows £3; G. Jordan (Abbotsford), 1 heifer £1 15s; a client, 1 cow £5. Donald Reid and Co., Ltd., sold: For Gunther Bros. (Milton), 1 cow £2 12s 6d; a client, 1 cow £2; J. B. Wix (Milton), 1 cow £3 12s 6d.

Calves. —Stronach. Alorris, and Co., Ltd. sold: For G. Farquhar (Green Island), 1 calf 17s; W. Bruce (Momona), 1 calf 17- Wright, Stephenson, and Co., Ltd. sold: For W. Greaves (Mihiwaka), 1 calf 245, 1 13s; H. Dowie (East Taieri), 1 calf 16s, 1 ss; P. G. Ford (Allanton), 1 calf 19s; T. Johnson (Momona), 1 calf 14s, 1 Ils; G. W. Kirby (Allanton), 1 calf 12s; F. M'Haffie (Outram), 1 calf 10s; J Kreft (Momona), 1 calf Ils; L. I. Gibbs (Brighton), 1 calf 9s; J. Gorman (Burnside), 1 calf 9s: F. Valpy and Sons (Green Island). 1 calf ss; A. Fraser (litri), 2 calves ss: Mrs M. C. Moore (Mornington). 1 calf 4s. The New Zea land Loan and Mercantile Agency Com pany. Ltd., sold: For W Harvey (*" Aire shire Park,” Mosgiel). 1 calf 30s; a client. 1 calf 28s; David Russell, jun. (Milton) 1 calf 245, 1 17s; Mrs T. Irvine (Mosgiel). 1 calf 21s Gd; A. Bissett (Momona). 1 calf 2Ls- 1 17s, 216 s; W. Bryant (Otokia). 1 calf 12s. The Otago Farmers’ Co-opera-tive Association of New Zealand. Ltd. sold; For H. Knarston (Taieri Mouth), 1 calf 265; C. T. M'Callum (Flag Swamp) 2 calves 20s, 1 14s; T. Davey (Fairfield), 1 calf 19s; 11. G. Taylor (Mosgiel), 1 calf 15s; T. D. Marshall (Lookout Point) 1 calf 14s, 1 12s. 1 10s, 1 4s, 1 3s; D Ireland (Mosgiel), 1 calf Us, 1 ss; Mrs B. A. Martin (Mornington). 1 calf Ils; Mrs H. Dick (Portobello), 1 calf 10s; D M ‘ Coll , (Brighton). 1 calf 8s; 11. Geary (Portobello). 1 calf 6s; J. Thomson (Brighton Road). 1 calf ss; G. Donaldson (Burnside). 1 calf ss; Mrs M H H Kirkland (Brighton road), 1 calf ss. M. Smeaton (Mosgiel). 1 calf ss, 1 4s; H. Kirkland (Brighton Road), 1 calf 5s ——Donald Reid and Co., Ltd., sold: For J. R. Matheson (Tomahawk), 1 calf 19s; Eric Swanson (Momona), 1 calf 12s; J Kenny (Otokia), 1 calf 10s, 1 8s; L I. Gibbs (Brighton), 1 calf 9s; J. Waimh (Momona), 1 calf Bs.

• Sheep.—There was a good yarding, 2300 being forward, consisting principally of medium weights. Competition at the commencement of the sale was fair at prices Is easier than last week, but as the sale progressed competition became slacker, and prices were easier by 2s to 2s 6d. Extra heavy prime wethers made to 275; heavy wethers. 22s Gd to 245; medium wethers, 18s to 70s; light wethers, 13s to 15s; extra heavy ewes, to 20s 6d; heavy, 16s to 17s; medium, 14s to 15s; light ewes. 10 s to Ils; hoggets—good to 18s 3d. medium Ils to 12s, light 8s to 10s. Wright, Stephenson, and Co., Ltd., sold: For J. Simmers (Pomahaka), 10 wethers 275, 14 23s 9d, 14 22s 6d, 10 ewes 18s, 3 13s; Fleming Bros (Crookston). 14 wethers 26s 9d, 19 245, 12 225, 10 ewes 13s 6d: A. Dynes (Kelso), 17 wethers 225. 12 ewes 16s 9d, 18 14s 9d: R. Campbell (Balclutha), 15 wethers 21s 3d, 16 19s 9d, 9 19s; W. Campbell (Balclutha), 17 wethers 20s 9d; W. J. M'Kenzie (Maitland), 14 wethers 20s 6d, 16 ewes 15s, 20 14s 6d, 12 14s; F. Glover (Middlemarch), 15 wethers 19s, 15 18s; W. Ritchie (Kelso). 10 ewes 17s 9d. 10 14s, 8 14s 9d; G. M. Love (Moa Flat), 15 wethers 16s, 17 Iss 3d, 28 14s 6d; H. M'Call (Kelso), 13 ewes Iss 9d, 12 15s 3d, 11 14s 9d, 18 14s 3d. The National Mortgage and Agency Company of New Zealand, Ltd., sold: For Huch Harris (Heriot), 8 wethers 26s 9d, 12 24s 9d, 7 21s 9d, 7 ewes 20s 6d, 9 19s 6d, 13 18s 6d; a client, 13 wethers 23s 6d, 13 235, 14 21s, 7 18s 6d. 8 17s 9d: J. M'Hardy (Sutton), 16 wethers 22s 3d, 20 19s, 10 17s 3d, 13 hoggets 14s, 9 12s; W. May and Sons (Clydevale), 11 wethers 21s, 12 19s 9d, 11 19s 3d. 10 18s 6d, 16 17s 6d; C. Weatherall (Moa Flat), 12 wethers 20s 3d, 16 18s. 20 17s 3d, 15 16s 6d; R. Campbell (“ Inverted,” Balclutha), 20 wethers 22s 3d, 19 20s 6d, 16 19s 6d; a southern client, 7 wethers 17s 6d, 8 15s 3d; H. G. Wilson (Omakau), 4 wethers 14s 3d. 12 14s, 15 Ils 9d, 37 hoggets at quotations; client, 11 ewes 13s 3d, 8 12s. 8 Ils 9d, 12 Ils, 5 hoggets 10s. 6d; a southern client, 13. hoggets 13s 6d, 17 12s 9d, 20 10s 6d, 10 ewes 10s 6d, 7 Bs, 25 7s 3d. New Zealand Loan and Mercantile Agency Company, Ltd., sold: For H. Cuthbert (“Sunnyside” Otautau), 9 wethers 275, 11 245, 12 22s 3d, 14 21s, 20 20s, 16 18s 6d; Clement Dawson (Airedale), 13 wethers 26s 6d, 16 265, 15 255, 14 245, 14 22s 9d, 16 22s 3d; a southern client, 29 wethers 18s 6d. 14 17s, 17 16s 3d; David Robertson (Waikoikoi), 10 ewes 16s 9d, 9 15s 6d, 11 13s 9d, 11 hoggets 12s 9d, 9 12s. 9 9s 9d, a pen 6s; T. Finnie (Saddle Hill), 4 wethers 15s 9d; George Scott (East Taieri), 7 wethers 12s 6d, 16 10s 3d, 4 8s 6d. The Otago Farmers’ Co-operative Association of. New Zealand, Ltd., sold: For Allison Bros. (Clarksville), 10 wethers 24s 9d, 5 21s 6d; Angus M'Diarmid (Banby), 11 wethers 235, 15 22s 6d, 19 19s 6d, 9 18s 6d; William Taylor (Ashley Downs, Clinton), 30 wethers 24s 6d, 15 22s 6d. 10 225; W. J. Ross (“The Crescent,” Kaitangata), 14 wethers 21s, 13 20s, 22 19s 6d, 7 19s 3d; W. Swan (Clinton), 7 wethers 20s 9d, 4 18s 6d, 14 ewes 17s 3d, 8 17s, 18 13s 9d; J. Burnett (Kelso), 8 ewes 17s 9d, 13 16s 9d, 214 s, 214 s 6d, 1 7s; L. Dalziel (Tuapeka West), 14 wethers 21s, 15 18s 6d, 14 14s 6d, 3 12s 3d; Roughan Bros. (Lawrence), 16 ewes 17s 3d, 27 16s, 7 15s 3d; J._ Thornthwaite (Clarksville), 9 wethers 16s 3d; R. Mitchell (“ Glenin,” Outram), 9 wethers 5s 6d, 1 ewe Ils 3d, 1 hogget 12s 6d; P. Bain (Taieri Mouth), 7 w’ethers 12s 9d. 3 hoggets 10s 3d; J. Whelan (Taieri Mouth), 15 hoggets 9s 9d; Mrs H. Dick (Portobello), 1 hogget Bs. Stronach, Morris, and Co., Ltd., sol For F. G. Glover (Middlemarch), 5 wethers 22s 9d, 19 195,4 18s 9d, 4 hoggets 13s; M'Phail Bros. (Waikaka Valley), 11 ewes 19s, 16 16s 9d, 20 16s 3d, 5 15s; R. Mitchell (Outram), 1 wether 18s 3d. 18 15s 93, 6 14s; T. Finnie (Saddle Hill), 2 wethers 17s 6d; Roulston and Linklater (Hillend), 6 hoggets Ils 6d, 5 10s, 4 9g 9d. Dalgety and Co., Ltd., sold: For D. D.

Edgar (“Burnfoot,” Tapanui), 1 truck prime wethers and ewes to 265; Andrew Smith (Heriot), 12 wether 25s 3d. 14 22s 9d; executors late M. Robertson (Tapanui), 16 ewes 19s 3d, 11 17s 9d, 12 16s 9d. 9 16s 3d; Parker Bros. (Stirling). 19 wethers 21s 9d, 37 21s; Richard Mitchell (Outram), 4 wethers 18s, 12 16s 9d, 7 18s 3d; J. Kerr fGimmerburnt, 13 wethers 22s 6d, 17 20s 9d, 10 18s 6d, 10 17s; G. L. Copland (Clinton), 7 wethers 20s 3d, 6 17s, 14 15s 6d. 29 15s; M'Erlane Bros. (Giminerburn), 13 wethers 13« 6d, 20 12s 9d, 11 hoggets Ils 6d. 26 Ils; G. 1. Smith (Waiwera South), 20 wethers 18s 9d, 28 17s 3d, 10 18 s 6d; J F. Harris (Heriot), 30 ewes 10s 6d, 6 hoggets 12s. Donald Reid and Co., Ltd., sold: For F. Atkinson and Son (Middlemarch), 14 wethers 19s 6d, 13 18s 3d. 11 17s 9d, 8 18s; M. Cogan (Patearoa), 4 wethers 19s 6d, 13 15s 3d, 9 16s 6d, 16 14s, 8 13s. 1 ewe 10s 6d, 9 wethers Us 6d, 2 hoggets 12s 9d; R. Richards (Taieri), 13 wethers 18s, 13 17s 9d, 7 16s 6d,- 1 ewe 17s; J. Preston and Son (Kyeburn), 12 ewes 17s 6d. 19 17s 3d, 26 16s 6d, 8 15s 6d; client, 6 ewes 16s 9d. 9 15s 3d; J. Burnett (Waikoikoi), 14 ewes 17s 3d, 12 16s; W. J. L. Seed (Milton), 12 wethers 16s 6d, 15 15s 6d. Fat Pigs.—There was a small entry of fat pigs to-day, and prices were firmer Stronach, Morris, and Co., Ltd., sold: For Clarke and Mackenzie (Woodhaugb), 1 pig £3 16s. 1 £3 13s, 2 £3 10s; F. T. Williams (North-East Valley), 1 £3 10s, 1 £3; John Waldie (Halfway Bush), 1 £3, 1 £2 19s, 1 £2 17s; Charles Waites (Queenstown), 1 £2 Is, 2 £2; a client, I £3 12s. 1 £2 16s. Wright, Stephenson, and Co., Ltd., sold: For J. Kreft (Mo- I mona), 3 fat pigs £2 13s, 2 £2 ,9s, 2 £2 7s, 1 £2 6s; Mrs D. Gordon (Momona), 2 £2 7s. 1 £1 19s. The New Zealand Loan and Mercantile Agency Company. Ltd . sold: For D. A. Drinnan (Milton), 1 pig £3 13s; a client, 1 £3 7s, 1 £3 6s. The Otago Farmers' Co-operative Association of New Zealand. Ltd., sold: For T. Schofield (Fairfield), 2 pigs £3 12s; L. Gamble (Momona), 2 £3 7s; G. E. Fox (NorthEast Valley), 1 £3 10s, 1 £3 8s; T. H Pugh (North Taieri), 1 £3 3s, 1 £2 19s; W. Gill (Portobello), 2 £3; W. Thompson (“The Firs,” Abbotsford), 3 £2 14s; J Smith (Portobello), 1 £2; J. Butler (Leith Valley), 2 £1 15s. Donald Reid ami Co., Ltd., sold: For T. Wishart (Henley). 1 tig £3 13s, 1 £3 8s: 8. Butler (Leith Valley), 1 £2 10s, 1 £2 ss. Store Pigs.—There was a medium entry of store pigs, and' these met with keen inquiry. and showed an advance on last sale’s rates. Stronach, Morris, and Co., Ltd., sold: For a client, 1 pig £1 4s. 1 £1 Is. Wright. Stephenson, and Co. Ltd., sold: For T. Hackett (Momona), 2 store pigs 265, 2 235; G. Munro (Chatto Creek). 210 s. The New Zealand Loan and Mercantile Agency Company, Ltdsold: For J. W. Gregory (Lovell’s Flat), 1 boar £2; Mrs S. Gibson (Mosgiel), 1 pig 27s 6d; Mrs E. J. Walker (R.D.. Outram), 3 pigs 265, 1 20s 6d. The Otago Co-operative Association of New Zealand. Ltd., sold: For W. Sprott (North-East Harbour). 2 pigs £1 16s 6d 5 £1 13s, 1 £1 3s; F. Thornton (Momona). 2 £1 10s. 2 £1 0s 6d, 1 18s 6d: J. Hellver (Macandrew Bay). 2 £1 Bs, 3 £1 7s. Donald Reid and Co.. Ltd., sold: For Sonntag Bros. (Brockville). 1 sow £5 12s 6d; a client, 4 pigs £2 2s 6d; Janies Waugh (Outram R.D.), 4 £1 8s: Joseph Kenny (Otokia). 5 £1 7s. 5 £1 ss: a client. 4 £1 4s, 1 £1 Is: Mts E. J. 'Walker (Outram R.D.), 1 £1 3s. 1 £1 2s, 2 £1 Is 6d; George MTntosh (Brighton), 2 £l.

GRAIN MARKET Messrs Donald Reid and Co., Ltd., report as follows:— Wheat. —A few samples have been coming forward from the south and west Otago districts, but the quality of these offerings has not been up to milling standard. The local millers are not keen purchasers, and the little business passing is transacted at the rates ruling right through the season—viz., 5s lOd for Tuscan and 6s for Hunters, f.o.b. Fowl wheat is always more or less in demand, and the market is firm at 4s 6d per bushel, sacks extra, ex store, for good whole quality. Oats.—This market remains firm at recent quotations. Grade oats are not in plentiful supply, and holders are not anxious to sell, anticipating that the present firmness must eventually bring a rise in value. Under-grade oats are in plentiful supply and are hard to sell. A grade Gartons, extra heavy, can be quoted to 2s 3d, ordinary 2s 2d, B grade Is lid to 2s, sacks extra, on truck, country sta tions. Chaff.—There is no movement whatever in this market. Shipping is rarely attempted from this port, as merchants cannot buy at a price that will allow them to compete against Canterbury offerings. The local demand is generally poor, and it is seldom possible to sell a full truck of chaff to any one feeder. Prime quality is worth up to £4 10s, ex store, and £4 to £4 2s 6d, ex truck, sacks extra, in each ease. Inferior and medium quality, of which a large quantity is held in store, is worth from £3 to £3 17s 6d. sacks extra, ex store. Potatoes.—Nothing has transpired so far to lift the depression in this market. There is a large quantity held in the local stores, and growth is now showing freely Canterbury merchants are offering at 355, f.o.b. Local quotations vary from £2 to £2 10s, ex store, sacks in, according to the condition of the tubers. There is still a large quantity held in the country by growers. LORNEVILLE STOCK SALE INVERCARGILL, August 25. There was an improvement in ' fat cattle values at the Lorneville stock sale to-day, a good attendance of buyers being responsible for Some keen bidding, with the result that the fat cattle prices showed a rise of 25s per head compared with last week’s rates. Fat Sheep.—The bulk of the yarding comprised good quality butchers’ wethers, with an odd pen of ewes. Competition was not very keen. Prices for heavies were on a par with last week’s sale, but medium weights showed a slight improvement. Best wethers sold up to 22s 6d; good butchers’ wethers, 18s to 21s; and lighter sorts, from 15s to 17s. Best ewes sold up to 16s 6d, and others from 12s to 14s. Fat Cattle.—A very small yarding, consisting of about equal proportions of bullocks, heifers, and cows. Handy-weight

bullocks made £9 to £10; prime handyweight heifers, £7 15s to £8 15s; gooft quality ewes, up to £9 ss; medium sorts, £6 10s to £7 10s.

SOUTHLAND MARKET REPORT (From Our Own Correspondent.) INVERCARGILL, August 24. GRAIN REPORT. Oats.—There is a distinct feeling of optimism amongst merchants as to thfe future of this market, induced not alone by the distinct shortage of stocks in stores, particularly of grade oats, but also by exist.ng conditions in the north. Some 10 days back A grade oats were sold at from 2s 81d by somewhat weak holders to 2s 9Jd, f.0.b., s.i., but to-day the market is firm at 2s lOd; B’s, 2s 7£d. Northern buyers are making offers at Jd less, but fail to induce business at such prices. No. 1 feed oats found buyers at 2s 7d, f.0.b., s.i., but to-day holders are a little disposed to sell at under 2s Bd, as it is generally considered this newly established grade, though slightly darker in colour, has a better food value than B grade. Wheat.—A little business is passing at prices ranging from 4s 7d to 4s 9d, f.0.b., sacks extra. Much of the southern wheat is shrivelled; in fact, good whole fowl wheat is almost an unknown quantitj’. Seeds generally are in a more or less somnolent condition, but during the last few days inquiries have been coming to hand from brokers, and it is anticipated that in so far as ryegrass is concerned some little movement will take place with the advent of spring. Chewing’s fescue and Brown Top are moving off, though in small quantities, to overseas buyers. Current values areChewing’s fescue lid to Hid. Brown Top I2ld to Is Hd. No demand exists in the meantime overseas. for crested dogstail, foreign buyers awaitinc information in respect to the Irish crop. Judging by weather conditions in the Old Land, local growers have little to fear this year from their Irish competitors. To-day’s prices between merchants range from 7d to 7Jd per lb, f.0.b., for seed of exportable quality. STOCK REPORT. The stock market remains much on a par with our report of last week, things being fairly quiet with little business being done in all sections. Fat cattle offerings have fallen away slightly in comparison with some weeks back, and the market remains much about the same aS last week. The yardings of fat sheep continue on the small side, especially for butchers’ requirements, and prices remain at round about the same figures as those quoted in our report of last week. The store sheep section is very quiet, with very few lines changing hands. Prices remain unchanged. Store cattle are dormant, the demand for this class being very poor, but with the advent of seasonable spring weather this market should improve to a great extent. «. Fat Cattle.—Prime heavy bullocks, £lO to £l2; medium do., £7 to £9; prime heavy heifers, £8 to £9 ss; medium do., £5 to £6 10s; prime heavy cows, £7 10s to £9; medium do., £4 10s to £5 10s; vealers, to £2 10s; runners, to £4 10s. Fat Sheep.—Prime heavy wethers, 20s to 22s 6d: medium do., 17s to 18s 6d; lighter do., 15s to 16s; prime heavy ewes, 17s to 18s 6d; medium do., 14s to 15s. Store Sheep.—Wether lambs, 6s to 8s; ewe lambs, 12s to 14s; two-tooth ewes, 14s to 16s; four and gix-tooth do., 10s to 12s; failing-mouthed ewes, 9s to 10s. Store Cattle.—Three and four-year steers, £6 to £7; two-year do., £4 10s to £5 10s; yearling, £1 10s to £2 10s.

SHEEPSKIN MARKET The Dunedin Woolbrokers’ Association (Messrs Dalgety and Co., Ltd., National Mortgage and Agency Company, Ltd., New Zealand Loan and Mercantile Agency Company, Ltd., Otago Farmers’ Co-opera-tive Association, Ltd., Donald Reid and Co., Ltd., Stronach, Morris, and Co., Ltd., and Wright, Stephenson, and Co., Ltd.) reports as follows: — The fortnightly sheepskin sale was held on Tuesday, when medium-sized catalogues were offered to a full attendance of buyers. There was fair competition for good, full-woolled halfbred and crossbred skins, which sold on a par with late ruling rates. Faulty sorts, however, were dull of sale, and prices for these were easier by Id per lb on last sale’s rates. The following are the prices realised::—Halfbred full-wools, to 5Jd; halfbred halfwools, to 4Jd; half bred quarter-wools, to 3d; fine crossbred full-wools, to sd; fine crossbred half-wools, to 3|d; fine crossbred quarter-wools, to 21d; crossbred fullwools, to 4Jd; crossbred half-wools, to 3Ad; crossbred quarter-wools, to 2£d; halfbred hoggets, to sd; fine crossbred hoggets. to 4i(d; crossbred hoggets, to 4£d; half bred dead, to crossbred dead, to 2|d; dead halfbred hoggets, to 3Jd; dead crossbred hoggets, to 2<d: pelts, Id to lid. WAIAREKA SALE There was a small yarding of all classes of stock at the Waiareka sale on TuesdayThree light-weight fat heifers sold at from £5 to £6, while one fat steer was passed at £ll 2s 6d. In the store cattle section store yearling heifers brought 10s. Best dairy cows realised from £6 to £7; medium sorts, £3 to £4; aged cows, £1 to £1 heifers, coming to profit, £2 15s to £3 15s; heifers, in milk, £3 to £3 15s. There were no store sheep, and only one pen of light-weight wethers was entered in the fat sheep pens, and this brought 17s. Store pigs realised £1 10s; best weaners, 18s to £1; medium weaners, 14s to 15s:; small weaners, 8s to 10s. BRADFORD TOPS MARKET LONDON, August 24. At Bradford little business is passing. There is fair inquiry for tops, but the offers are usually below sellers’ ideas. LONDON WHEAT MARKET LONDON, August 24. Wheat cargoes are steady. Parcels are 3d down. Futures—London: September, 17s 6d; December, 18s 3d; February, 18s lid. Liverpool: October, 3s Ilia; December,,4e id; March, 4s 3Sd; May, 4s 6id.

) ADDINGTON STOCK SALE CHRISTCHURCH, August 26. Entries for the Addington market in the major sections were smaller to-day than for some' weeks. The principal features were the easing in values for heavier fat sheep and the advance in values for tnedium-weight beef. Store Sheep.—There was a small entry, consisting mainly of ewes. There was no alteration on late rates. Throughout it was a dull sale. Values were: Good twotooth halfbred ewes, 15s lOd to 17s; good six and eight-tooth halfbreds, 13s 6d to 14s 6d; sound-mouth half bred ewes, 10s to 12s 6d; sound and failing-mouth, 4s 6d to 6s 6d; good six and eight-tooth threequarterbred, to 16s; forward halfbred wethers, 12s to 14s; wether hoggets, 8s to 9 S Bd. The top price for spring lambs was 36s 4d.

Fat Sheep.—There, was an entry of 4000 head, which met with a steady sale, but the demand was below expectations throughout. Heavy wethers recorded a decline of from Is to Is 6d per head. Heavy ewes also declined slightly. Values Were: Extra prime heavy wethers, to 25s lOd; prime heavy, 16s to 17s 6d; medium, 13s to 15s 6d; light, 10s to 12s 6d; extra prime heavy ewes, to 19s 4d; prime heavy, 16» to 17s; prime, 14s to 15s 6d; medium, 10s 6d to 13s 6d; light, 8s 6d to 10s. Fat Cattle.—There was an entry of 318 head, including 38 steers from the North Island. The general quality was very good and the demand was keen throughout. Values recorded an increase of £1 10s per head for all except heavy-weight Borts. Values ranged to 35s per 1001 b for prnnest sorts; 30s to 33s for mediumweight steer beef; 23s to 27s for heavyweight beef; to 31s for good heifer beef; to 28s for best cow beef; 21s to 24s for medium qpw beef; down to 17s for rough and unfinished sorts. Values were: Extra prime heavy steers, to £l5 17s 6d; prime heavy, £l2 to £l4; prime medium-weight, £9 10s to £ll 10s; light, £4 10s to £6 10s; extra prime heifers, to £l3 7s 6d; prime, £9 10s to £ll 10s; medium, £7 to £9; light, £4 10s to £6 10s; extra prime cows, to £l2 7s 6d; prime, £9 to £11; medium, £6 10s to £8 10s; light, £3 10s to £6. Fat Pigs.—For the small entry the market was keen and the demand brisk. Values were: Choppers, £3 to £8 6s; baconers, £2 15s to £3; heavy baconers, £3 4s 6d to £3 15s 6d; average price per lb, 5Jd to 6d; porkers, 35s to 40s; heavy porkers, 42s to 48s 6d; average price per lb, 7d to BJd.

SOUTHLAND GRAIN REPORT INVERCARGILL, August 28. . Oats.—Stocks of grade oats in Invercargill cool stores are distinctly of a light nature. Northern buyers are offering on the basis of 2s 9d for A grade, and though sales have been made at this figure stronger holders refuse to entertain business at less than 2s lOd. It is quite evident that stocks of A grade are well nigh insufficient for seed requirements and the impression i e general that prices are more likely to "improve than recede. Farmers have entirely cleared out the season’s crop; the value of B’s to-day is 2s 7Jd; No. 1 feed from 2s 7d to 2s Bd, f.0.b., s.i. Wheat.—Merchants are experiencing some difficulty in making sales of undergrade on sample, but anything approaching good whole fowl is saleable at from 4s 7d to 4s 9d on sample, with good whole fowl wheat at 4s lid, sacks extra, f.o.b. Seeds.—There is little movement to report. Crested dogstail is apparently uninteresting to overseas buyers, who are awaiting returns of the Irish crop before considering New Zealand seed. Chewjngs Fescue, save for local requirements' is somewhat lifeless, overseas buyers showing a desire to bear the market, while ryegrass, save for an occasional inquiry through northern brokers, comes under much the same category. There is so much variation in quality and germination that it is somewhat difficult to name values, these ranging from as low as 3s 3d for light-weight seed with a rather inferior germination up to 3s 9d, and even 4s, for exceptionally good lots of machine-dressed seed. STOCK REPORT. The stock market is very quiet and, apart from a slight variation in values, from gale to sale shows very little change over the last few months. Fat cattle are offering in numbers sufficient for requirements and prices improved slightly during the week, but this was owing to the small yarding at Lorneville sale on Tuesday. Fat sheep values remain firm. ,Prime wethers are selling better and prices have the appearance of holding for some time. The store sheep market is quiet with small yardings. Values remain much on a par with those recorded in late reports. The store cattle market is also quiet with little business being transacted. Fat Cattle.—Prime heavy bullocks, £lO to £l2; medium do, £8 to £9 10s; prime heavy heifers, £6 to £8; medium do, £4 10s to £5 10s; prime heavy cows, £6 10s to £B, medium do, £4 to £5; vealers, to 30s; runners, to £3 10s. Fat Sheep.—Prime heavy wethers, 21s to 22s 6d; medium do, 17s 6d to 19s; lighter do, 15s to 16s; prime heavy ewes, 18s to 20s; medium do, 14s to 15s 6d. Store Sheep.—Ewe Hoggets, 12s to 15s; wether hoggets, 8s 6d to 10s; tw’o-tooth wethers, 12s to 14s; two-tooth ewes, 16s to 20s; s.m. ewes, 12s to 14s; aged ewes, 8s to 10s. Store Cattle.—Three and four-year steers, £7 to £8; two year do, £5 to £6; yearlings, £2 to £3 10s. OAMARU MARKETS OAMARU, August 28. The grain and produce market was again very quiet during the week. Nothing was offered by the growers, and there was no inquiry for either wheat or oats. There was a small demand from the country for seed wheat and oats since the rain, but it is not expected that a great quantity will go forward. There has been a fair demand from farmers for ryegrass and small seeds, and for mangold and swede seeds, and it is expected that a fair area will be sown, as prices have been materially reduced.

Since the rain there has been some inquiry for sheep. Sound-mouthed ewes were sold for 10s 6d, Us, Us 6d, and 12s (Jd; two-tooth ewes, 18s 7d; two-tooth .Etore wethers, 13s; fat ewes, 12s; fat wethers, 18s; dairy cows and heifers, to

£7; fat heifers and bullocks, £8 to £9 10s; fat pigs, £3; aged draught mare, £2O; four-year-old draught gelding, £34. WOOL STATISTICS Messrs Dalgety and Co., Ltd., have prepared in a large sheet their statistical returns for the 1930-31 season of the Australian and New Zealand trade, compari-. sons with the figures for other seasons also being shown. The publication shows estimated net production and weight, Australasian and Australian sales, weights and values, overseas shipments, disposals of merino and crossbred wools, places of origin, condition, proportion of fleece and lambs’ wool, quantities disposed of by selling brokers, distribution of purchases, and sheep returns of the Australian States and New Zealand. Of the Australian and New Zealand sales, amounting to 2,979,223 bales, according to figures supplied to buyers, the United Kingdom took 812,384 bales, France 702,652 bales, Germany and Austria 418,009 bales, Japan, China, and India 342,323 bales, Belgium and Holland 246,139 bales, Italy and Switzerland 143,413 bales, and the local manufacturers 206,790 bales. The quantity taken by Japan, India, and China is much lower than the estimates given by other brokers. Messrs Dalgety and Co., Ltd., during the 1930-31 season, sold in Australia and New Zealand 482,887 bales, the largest number recorded for any other individual company being 272,281 bales. IMPERIAL AND INTERNATIONAL. COMMUNICATIONS, LTD. WELLINGTON, August 26. The estimated traffic receipts of the Imperial and International Communications, Ltd., for July, 1931, total £377,774, the total for July, 1930, being £437,220. The aggregate for the seven months, January to July, 1931, is £2,761,723, and for a similar period in 1930 £3,244,943. SALE OF PEMBROKE SECTIONS

An auction sale of six sections in the town of Pembroke took place at the Lands Survey Office, Lower High street, on Wednesday, when all were disposed of. Section 1, block XXIX (area one acre), upset price £3O, was disposed of to Mr J. Sutherland Ross at a price of £37 10s; section 8. block XXIX (one acre), upset £25, was disposed of for £3B to Mr G. S. Kirby, as agent. Sections 1 and 2, block XXVIII, were each disposed of at the upsets of £8 to Mr W. E. Pope, of Pembroke. Sections 3 and 4, block XXVIII, at the upsets of £l2 and £l5 respectively, were disposed of to Mrs E. R. Hobbs, Dunedin. OUTLOOK FOR METALS MORE FAVOURABLE PROSPECTS. Regarding the outlook for metal prices, Sir Robert Horne, chairman of directors of Zinc Corporation, Ltd., stated at the annual meeting in London that the consumption of lead was increasing slowly, but the movement was gaining force. He was hopeful that before long stocks would be reduced to more comfortable proportions, and the output of the mines now at work fully absorbed. An adjustment long overdue in zinc was taking place, and he thought a further improvement should follow. There was, however, no justification for expecting a return to price levels as high as some that had ruled. The world’s capacity to produce non-ferrous metals was for the time being definitely in excess of the capacity to consume, and only the mines of good grade and those most efficiently managed could expect to live profitably until there was a substantial gain in consumption Companies had passed through the worst crisis of the lead and zinc industries, and those properties which enjoyed natural and geographical advantages, combined with skill and industrious operation, should from now onward have much more favourable prospects. He was inclined to think that the outlook for silver was much brighter than many had supposed. SILVER AS A CURE The world is steeped in a gold mentality and persistently refuses to recognise a simple solution, of economic problems, Mr J. F. Darling, a director of the Midland Bank, recently told the League of Nations’ Union. The solution, he said, was to restore silver as legal tender. Mr L. S. Amery, former Minister for the Dominions, in a letter to The Times, urged the restoration of silver to its historic position as a complement to gold. The purchasing power of India and China had been halved in five years b.v the fall in silver. The city editor of The Times considered there was little doubt that he remonetisation of silver would immediately increase the world’s purchasing power and raise prices. HUDDART PARKER DIVIDEND The directors of Huddart-Parker, Ltd., have declared an interim dividend for the half-year ended June 31, 1931, of 3 per cent, on the preference shares and 24 per cent, on the ordinary shares. FRUIT AND PRODUCE WORLD Reilly’s report-—Flowers in keen demand. We sold:—Narcissi: Cream, 3s, 6s per dozen; Sol de Orr, 6s, 9s; Trumpets, 6s, Bs. Freesiaf; 4s, Bs. Anemones, 4s, 6s. Violets: Large, 2s, 3s 6d. Section honey, 12s; bulk, 54d; 101 b tins, 6s 6d, 7s; 51b tins, 3s 6d; 41b pats, 4jd. Cabbage, 2s 6d to 8s ~6d sack. Cauliflower: Choice, 9s, 14s; medium, 4s to 6s sack. Swedes, 2s 6d cwt. Carrots, 4s, 6s. Beet, Is 4d. Lettuce: Choice, 2s 6d to 4s dozen. Eggs: R.C.P.M., Is Id, Is 2d; others, Is. Mutton birds, 4s, 6s 6d. Butter, lid to Is. Lard, 6d. Bacon: Choice, 9d, HJd. Peanuts, 3d. Walnuts, Bd. Cheese: Medium, s|d, 6d; loaf, 7d. Tea: Orange Pekoe, 2s 3d. Victorian onions, 9s. Potatoes: Choice tables, £3; selected seed, from 4s to 22s cwt. Apples: Jonathans, choice 6s, 7s; small, 3s, ss; other varieties, 4e, 6s; Sturmere, choice, 7s, 9s; small, 3s, ss; cookers, ss, 6s 6d; Delicious, 6s to 10s; small, 4s, 6s. Pears: Winter Coles, half-cases 4s, 5s 6d; Winter Nelis, halfcases 6s, 8s; cooking, 2Jd. Beeswax, Is 4d. Horsehair, Is. Porker and bacon pigs, 54d, 6£d. ' Australian navels, 10s,

14s, according to size. Poormans, 7s 6d, 9s 6d. Sevilles, 12s 6d. Australian lempns, 14s, 16s. Australian grapefruit, 12s 6d, 14s. Australian grapes, 3e to 6s; Californian grapes, 27s 6d to 30s. Californian lemons, 40s. Passions: Australian, 12s 6d, 15s. Mandarines, 6s, 12s 6d. Bananas: Choice Samoans, ripe, 20s; green, 18s. Oyster grit, Bs. Tallow, Bs. Woodwool, 28s. Fruit wraps, 3s 3d ream. Champion egg crates, 16s. Vallo Giraffe lime sulphur: Cases 4 gallons, 2s 3d; barrels, Is lOd gallon. Black leaf “40”; 101 b tins, 525; 51b tins, 275; 21b tins, 14s; lib, 7s 6d; Jib, ss. Semesan and granosan: 51b, 555; jib, 7s; 2oz, 2s 3d. Superphosphate garden manure: Prices on application. C.M.W. knapsack sprayer: Improved type, £5; bucket pumps, 22b 6d. Wheat, 4s, 5s 6d. Partridge peas. ss. Oats: “A” Gartons, 2s 8d; “ B.” 2« 4d; seed oats, 3s. Peameal, 10s. Crushed oats, 12s sack of 1101 b. Ricemeal, 10s. Bran, £5 10s. Pollard, £6 10s. Straw: Wheaten, 60s. Oatsheaf chaff, £4 10s. Firewood blocks, 2s 6d bag, delivered. Poultry: 27 hens at 6s to 8s 2d; 55 cockerels at 5s 6d to 16s; 6 ducks at 9s to 9s 6d; 6 pullets at 7s 4d (all at per pair). REILLY’S CENTRAL PRODUCE MART, LTD., Moray place, Dunedin.

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Bibliographic details

Otago Witness, Issue 4042, 1 September 1931, Page 32

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6,856

COMMERCIAL. Otago Witness, Issue 4042, 1 September 1931, Page 32

COMMERCIAL. Otago Witness, Issue 4042, 1 September 1931, Page 32