COMMERCIAL.

Pelorus Guardian and Miners' Advocate., Volume 18, Issue 40, 17 May 1907, Page 5

COMMERCIAL.

LATE WIRES.

[By Telegraph—Special to Guardian]

ADDINGTON STOCK SALE. Christchurch, Last Night. At Addington market yesterday there were very large entries of all classes of sheep and a fair yarding of other classes of stock. There was a large yarding of fat sheep, including some very prime lines of wethers and ewes, but a considerable proportion of the latter were of doubtful age and backward in condition. All prime sheep sold well, prime wethers and the best of the ewes being keenly competed for. Prices for these were firm. Other sorts were more irregular. Range of prices—Prime wethers 20s to 245, extra to 27s 6d, lighter 16s 9d to 19s 6d, prime ewes 18s 6d to 21s 6d, medium 15s to 18s, aged 10s 6d to 14s 6d, merino wethers 14s 4d. The entry of fat cattle totalled 281, a large proportion being rough sorts. The sale was somewhat irregular, though prices were about on a par with those of last week. A line of 32 cows and heifers from the North Island made £7 to £lO 10s, and 16 steers from P. and J. 0. Coop (Little River) £6l7s 6d to £9 15s; other steers brought £6 5s to £lO 10s; heifers £4 12s 6d to £10; cows £4 to £7 5s —equal to 22s 6d to 25s for prime, and 20s to 22s for medium, per 100 lb. A good yarding of veal calves sold at 4s 6d to £2 11s, according to size and quality. There was a small mixed entry of store cattle, and poor demand was shown, Yearlings were sold at 17s, 15 to 18-months’-old passed at £1 10s 6d, 2-year-old steers passed at £2 6s, steers passed at £2 IBs 6d to £8 2s 6d ; dry cows brought 20s to £3. Dairy cows.—A fair entry, some bringing £4 to £8 15s. Pigs were in short supply, and there was a sharp advance in prices, especially for porkers. Baconers made 45s to 50s, heavier weights 53s to 68s, equal to 4|d to 6d per lb ; porkers 80s to 425, equal to s|d to 6d per lb; medium stores 12s to 18s; weaners 7s to 12s.

THE PRICE OF FLOUR,

AN ADVANCE OF 10s PER TON. Dunedin, May 15. Hardening of the wheat market, caused by reports of crop shortages in the colony, allied to the excited condition of the American and European market, is responsible for an advance of 10s per ton in the price of flour. The tariff of the New Zealand Flourmillers’ Association has accordingly been revised, and now stands Sacks, £9 ss; 100’s, £9 15s; 60’s, £10; 25’s, £lO ss. The shipping price has been advanced to £9 f.0.b., and Invercargill prices to £9 10s. It is quite on the cards that should the wheat market continue to advance another rise in the price of flour may shortly be made. The monthly meeting of the Master Bakers’ Union will be held on Thursday but it is unlikely that any alteration will be made in the price of bread. Any further advance in flour will, however, place a different complexion on affairs.

HIGH COMMISSIONER’S REPORT. The Department of Industries and Commerce have received the following cable from the High Commissioner, dated London, 13th May The mutton market is quiet but rather steadier; there is a good local ‘demand for light weights; the average price for Canterbury is 4d, and North Island Bfd, per lb. The lamb market is active, with a good demand ; Canterbury brands are quoted at s|d, and other than Canterbury 6£d, per lb. The beef market is steady, and a fair business is doing ; quotations are 3fd and 3|d per lb for hind and forequarters . respectively. The butter market is steady, and there is a better demand for choice quality New Zealand at 99s per cwt; medium quality is in large supply at unchanged rates; Danish butter is quoted at 105 s, and Siberian at 91s, per cwt. The flax market is firm, with more enquiry, and market prospects are favourable ; good fair grade, on spot, is quoted at £BS 10s, May to July shipments £35; fair grade, on spot, £3l 10s, May to July shipments £3l per ton. The wool market is firm, with an improved demand; the recent decline in crossbreds is recovered.

The Steunberg Murder.

New York, May 14. Moyer and Pettibone, officials of the Miners’ Federation, will be tried with Heywood in connection with the charge of murdering Steunberg. The jury panel was exhausted. Many threatening letters have been sent to jurors by miners.

The history of this case is a thrilling one. In February of 1906 Moyer, President of the Western Federation of Miners, Heywood, the Secretary, and Pettibone, an ex-member of the Executive Board, were arrested at Danver as accessories to the dynamiting and murdering of Frank Steunberg, ex-Governor of Idaho. It was alleged that the crime was committed in revenge for former prosecutions. A few days later a man named Orchard, who was arrested in connection with the murder of Steunberg, confessed to seventy-six murders. He said he had been paid £760 by Moyer and another official of the Miners' Federation for [the murder of Steunberg.