Page 4 Advertisements Column 4

Southland Times, Issue 19185, 24 October 1903, Page 4

COMMERCIAL Market Report. Southland Times Office, ! 23rd Oct., 1903. | Tho collapse which has boen expected in the oat market for some timo past soems now to have nctually come topass. The latest vdviccs from A*.i.*-trulia are to the effect thut tho oat ina**ket has totally collapsed there, ur.d that the new crop in some parta is already Cuming into the market. Advices ha\a reached us of one vessel already loading in Melbourne for South Africa with vl,e new Benson's crop. The demand for N.Z. 0.-.ts for Australia has fallen off completely, and there nre absolutely no orders in the market at present. The Somerset finished loading yesterday at the BlulT 650 tons of fu.Q. for South Africa, and this, ye believe, completes the orders already p'nced for that market. although we understand enquiries ure still being made fc-r further parcels ut reduced rates. The Dunedin market, seems to be in even a worse state than the market here —a parcel of 300 to«s of C trade being offered there yesterday, we believe, at Is iid f.o.b , Dunedin — sacks in There is still a considerable quantity held in store at Bluff, and unfortunately the stacks of oats there are turning out in many cases in very bad condition, It has been found u-hen breaking down stacks of oats that were apparently sound and in good condition when taken into store that numbers of the bags havo gone oil condition, havo heated, and become mouldy, and altogether merchants are having a very difficult time at present in handling the purchases,- made earlier in the season. We believe some efforts are being made at the Bluff to treat the discolo-ured onts. so as to brighten and bring them up in condition, but whether the experiment will result in success or not depends entirely upon whether the expense -will, be justifiable under the present circumstances and the low prices ruling for oats. It is diflcult to lind purchasers for samples now offering in the market, as none of the local merchants seem disposed to offer for ever, bright samples, in the face of there being practically no outlet at the prices asked by farmers. We believe it is possible still to- work business with South Africa at reduced rates, and when farmers see their way to accept from ts to Is 2d por htishcf, at upcountry stations, probably business may be post-ihle, but In thp meant imp tbo oat business is practically at a deadlocVi hi the nbsence of any market, it is impossible to state u-hut may bo considered fair value for oats at upcountry stations at present. London Markets. « — Per United Press Association. By Klectric Telegraph-— Copyright. LONDON. Oct. 23. » Received 23rd, 10.50 p.m. Bank of England retunns : (iold. coin, etc., £'*(), 504, u0U ; reserve, £22,532,000; proportion of reserve to liabilities »!4-.yo; \ in circulation, £28,54-1,000 ; public de- ; posits.-. , L 7. 130,000 ; other deposits, £t2,012,*0U0-; Government securities. £19,999,000 ; other securities, (w25,---356,000... * Three months' bills are discounted nt 2 9-K'ths. Consols. KSJ New South Wales -is. 107 i ; Victorian 3J's 95 1 - ; South Australian 3i' s ' j99 ; West Australian $.'&, Bf> • the rest unchanned. Pig iron. 49s 3d per ton. Silver, 2s 4gd ;>er o/.. Sueur— - First marks Ids 2d; Gorman. ! 8s 9d. | 'I'he nrudiord wool market is very dull. I Common sixties, 23 Jd ; supers. 24 Jd. I It'll/bit."- ure dull at 7Jd to Bsd ; few text ia speciul N.Z.. 11 Jd. At the Austiruliun sneep skins auction 3140 hales were offered, and 2900 sol<! ftest merinos were a shade higher ; others unchanged ; crossbreds were very firm, strong sorts at Jd to Jd advance Butter, Danish. 1225.

liorman

Per United Press Association

The C.C. and D Co. cabled yesterday of the frozen meat market : " To-day's quotations tire — Canterbury mutton. 4d : Nnnier. Wellington and North Island. Hid ; lamb, first quality, ad : second qiirtlitv. 4"d. Beef: hinds, .Sid; fores, 2sd.

B ES& f~\ W~& &?sh. Ix-~h ~W £a ¥&.£ -*&si HL\ U *&*?. -*m~* ~ /J^v ~~* ImPORTAiyT SyOTiOE sstites£&&te t ec^i&qi^^g ss&SEssa i "Tli i 17*1 iTlFßiiillTllllT *qOw ~~m9Mm4m~ W ~- ARE SELLING OUT THEIR BUSINESS AND LEAVING THE COLONY. CARTER & CO have sold their Dunedin Business, and they have also determined to Eell their Invercargill Business, as it is their intention to open in !*oufch Africa. CARTER'S Final Sale starts on Saturday. This is no ordinary Sa'e, as C. and Co. don't look for proSt, all they want to do is to reduce their large stock oi Di apery and Clothing to t- mailer dimensions, and THE BUSINESS IS MOW FOR SALE AS A GOING CONCERN. CAREFULLY NOTE TMIS —-'end u-j a Post Card or' Let tor for one of our S*lo Bi is, -with full particulars of Thousands of Bargains. 0, & Co. have a larger and choicer Stock now than ever before. When they sold th^ir "'UDedin Bush ess they hfid to fcako over several Shipments of New Goods intended for Dunedin, TheEO Goods are now in Stock and marked ut hast 25 per cent, cheaper than any other house in Invercargill. CARTER'S FINAL SALE ! DEE STREET, Invercargill, formerly known as Guthrie's Buildings. ■ ■ ' ■.' . ' " ■ "■-" ■ '" ' — . . ■ I •rlil^fWSlßf Ihfi HoCf-fSB* ftKS^fffilf --I— — ~t-» i