COMMERCIAL.

Southland Times, Issue 16888, 13 November 1911, Page 7

COMMERCIAL.

ARGICULTURAL EVENTS FOB WEEK ENDING NOVEMBER 18th. —Monday, November 13th. — Mr P. Dooley’s clearing sale at Kapuka, by the National Mortgage and Agency Co. —Tuesday, November 14th. — Executors of the late Mr J. O’Shaughnessy’s sale at Lome, hy the National Mortgage and Agency Co. Stock Sale at Gore. —Wednesday, November 15th. — Mrs E. Hewitt’s sale at West Plains, by Messrs J. E. Watson and Co., Ltd. —Thursday, November 16th. — Stock Sale at Balfour. i —Friday. November 17th. — Horse Sale at Otautau. THE RIALTO. Messrs Wm. Todd and Co. report the following sales on Saturday:— Poultry—Very heavy entry: 524 entered and sold: demand keen. Hens, 2s to 2s 7d; roosters, 2s 2d to 2s Cd; cockerels, Is Id to Is 2d; chicks, 5d to lOd; hens and chicks, 3s 6d to 5s 6d; ducklings, 9d to Is; hens and-ducklings. 5s 9d to 8s 6cl; ducks, 2s 4d to 3s Id; goslings, 2s Bd. Pigs.—Fine entry; strong demand (87 entered and sold) —Suckers, 8s 6d to 10s 6d; weaners, 12s to 13s; slips, 14s 6d to 16s 3d; stores, 18s to 20s[ good stores. 24s 6d to 30s; porkers, 31s to 365; sow, £2 6s. Cattle—Heifer, £3 os. General Produce, Etc. —Potatoes, £2; onions, 8s cwt; oats, 12s 6d; wheat, 15s. Fruit, Etc.—Rhubarb. l%d lb; South African oranges, 12s 6d. MoKAY BROS.’ REPORT. Messrs McKay Bros, report the following sales on Saturday:— Poultry.—Hens. Is lid, 2s 3d and 2s sd; cockerels; Is 9d. is lid, 2s 2d and 2s 7d; chicks, 4d; hen and chicks, 3s 6d; hen and ducklings, 7s 6d, 9s and 10s 6d. Pigs.—Suckers (5 weeks’ old), 9s 6d to 15s; slips, 20s; stores, 30s. General Produce. —Potatoes, 2s 6d to 4s sack; onions, 9s cwt; wheat, 14s 6d; barley meal, 13s 6d; rice'meal, 8s; meal seeds, 2s 9d. Fruit. —Oranges, 12s 6d; pines, 11s; apples, 14s 6d;. lemons, 11s 6d; cherries, 30s (crates); green peas, 4d; rhubarb, iy 2 d. INVERCARGILL HORSE MARKET. Messrs J. A. Mitchell and Co. report:— We held our weekly sale on Saturday, and had an entry of 35 horses of a mixed variety. The majority of those forward were draughts of a medium class with two or three rather above the average. Some useful, strong, light harness horses were offered, and mostly met good competition. By auction and privately afterwards we cleared nearly the whole of the entry at prices quite equal to those lately ruling. The top price, (£39) was realised for a nice seven-year-old gelding vended by Mr E. J. Wright, Lochiel. On account of others we placed draughts at £37, £35, £32 10s, £32, £2B, £27, £25 and down to £5 10s for aged stale horses. Hacks and harness horses sold at £2O 10s, £lB, two at £ls each, and several common sorts at £l2 to £5. One useful spring-carter brought £25. A pair of ponies and two-year-olds were passed in at £3O. We also offered the trotting horse “Observer,” but passed him in, the £35 bid not being sufficient to tempt his owner to sell. Riverton horse sale will be held on Thursday, It6h inst. SALE OP BUILDING SITES ADJOINING OTAUTAU. Messrs Wright, Stephenson and Co., Ltd., report having held a very successful auction sale on behalf of Messrs F. A. Price and W. Swale of 30 acres of land on the north side of George street. Otautau, on Friday • evening, in Mr O’Brien’s Horse Bazaar. There was great Interest taken amongst the Otautau residents in the 'sale and there was a very largo attendance of local residents and farmers. The property was subdivided Into five blocks, and the majority of the sections contained 1 rood. The land Is all high and dry and, it being In a popular locality, there was very keijn competition from the beginning of the sale to the end. It is said to have been the best auction sale of suburban land that has ever taken place in Otautau. Block 1 was subdivided into 13 sections and these sold at from £25 to £4l, averaging £3O Is per section. Block 2 was subdivided Into 20 sections and realised from £3O up to £46, averaging £35 6s per section. Block 3 was also subdivided into 20 sections and realised from £ls up to £32, or an average of £2l per section. Block 4, consisting of 4 hcres 3 roods and 24 poles, taking In the bend in the Otautau stream was put up in one lot and realised £l5B. Block 5, subdivided into 23* sections, brought from £l2 up to £35, averaging £25 8s per section. The sections were purchased in nearly every case by those who wanted an investment; very few were bought by speculators. GORE HORSE BAZAAR. Wright, Stephenson and Co., Ltd., report as follows:—We held our usual weekly sale of horses in the above bazaar on Saturday before a fair attendance of district farmers, contractors, dealers and the general public. The entry was composed almost entirely of light draughts, spring carters and hacks. In draughts there was nothing of extra quality forward and consequently no high prices were going. The top price was £22 10s for a gelding a little low in condition, Mr Ed, Dennis being the purchaser. For hacks and harness horses £43 5s was secured for a bay mare on account Mr Hugh Smith, Trooper Schruffer being the purchaser. The principal sales were on account of Mr E. Kerr, bay gelding £lB, do. £l3 10s; do. £l2 ss; do., £11; on account Mr James Kane, bay gelding £l4 10s; bay cob, £7 10s; and account other vendors several others at prices down to £l. After the horses we sold a truck of stakes and strainers at £2 for stakes, 3s and 3s Gd for strainers, and 5s for gate posts; also a quantity of harness and sundries at satisfactory prices. DUNEDIN MARKETS. GRAIN AND PRODUCE. (Per United Press Association.) DUNEDIN, November 11. Oats. —The oats market is very strong, and merchants are asking 3s 2d, f.0.b., si„ for shipments to the North Island. Stocks have now got into very small compass, both in Dunedin and Invercargill i n fact, some of the merchants are right out of the market, and cannot quote in answer to inquiries. Oats are not procurable in the Gore, Kelso, or Balfour districts, and a local firm practically emptied the local stores by securing about 1500 sacks at the beginning of the week at 2s lid to 3s. and a few hundred sacks were also obtained from farmers. The position at present is that the demand is much 'in excess of the supply. What B Gartons are available are quoted at 3s l%d, and sparrowbills at 3s l%d, f.0.b., s.i., Chaff. —The chaff market has eased during the week. There is only a fair demand for the North Island, the bulk of the consignments being shipped there now being to fill forward orders. Shippers are having no end of trouble in securing shipping space, and as a result a good deal of chaff has had to be stored. Prices are back 2s 6d to 5s per ton. Prime heavy oaten sheaf, £4 7s 6d; choice black oat, £4 7s 6d to £4 10s; medium to good, £3 15s to £4 ss; Inferior £3 and upwards. Potatoes. —Potatoes are back another 5s a ton, with a very slack Inquiry. The demand for the north is now practically over. Prime quality, £2 2s 6d to £2 7s Cd per ton; medium to good, £1 15s to £2; inferior, £1 and upwards. TIMARU MARKETS. TIMARU, November 11. During the week there has been a fair amount of business passing in milling wheat. Gradually millers are coming more on to the market to replenish stocks. Sales have been made at from 3s lOd to 3s lid, f.0.b., sacks extra. A sale at the latter price was made to-day. The s.s. Turaklna is loading here something over 10,000 sacks of wheat for London, which will very much deplete the present stocks on hand. Fowl wheat is in excellent demand, and sales have been made at up to 3s lOd, f.0.b., s.i. It would be impossible now to supply at a less figure. Stocks are so depleted that execution of orders has now to be made out of second-class milling. There Is no change to report in oats. Prices remain on a parity with last advice. Shipping values are 3s Id 4 f.0.b..

si for Gartons or Danish, and these now are the only two kinds of oats available, and only in small quantities at that. The business in potatoes on the week has shown a decline in price. Nominal value to-day is 60s, f.0..b, S.i. A -RADIUM GAS COY. SYDNEY, November 11. At a meeting of the Radium Gas Company it was stated that representatives were going to New Zealand to form_ a company to purchase the patent rights there. . WHEAT. SYDNEY, November 11. The first truck of the new season’s wheat sold at 3s lOd per bushel. The grain is above f.a.q. standard, and therefore the price is no guide to the market. DREDGING RETURNS. DUNEDIN, November 11. Dredging returns: Blackwater, 61oz 2 dwt; Golden Sun, 16oz 13dwt; Rising Sun 230z 14dwt; Success, 370z 3dwt; Wai’kaka United No. 1, 21oz 7dwt; No. 2, lOoz lOdwt; Worksop, 109oz Idwt; Tralfalgar,/14oz Bdwt. FROZEN MEAT. [By Telegraph.—Press Association.— Copyright. ] LONDON, November 12. The Frozen Meat Trade Association’s Smlthfield market quotations for the undermentioned classes of frozen meat are based on actual sales of not less than one hundred carcases of mutton or lamb, or twenty-five quarters of beef of fair average quality. The quotations are not for selected lines, but for parcels fairly representative of the bulk of the shipments now on the market. The prices which follow are on an average a farthing per pound more than the value ex ship, this difference representing an average cost in expenses,' handling, conveyance, and selling the

THE BABBIT TRADE. LONDON, November 11. Received November 11, 5.5 p.m. Rabbits. —There is steady trade. Abundance of English rabbits is affecting prices of colonial slightly.

meat :— < Mutton — Nov. 5. d. Nov. 12. d. Canterbury, light 4 1-4 4 3-8, Canterbury, medium 4 1-4 4 3-8 Canterbury, heavy — — Southland 4 1-8 4 3-16 North Is., best 4 1-8 4 3 16 North Is., ordinary 3 15-16 4 New Zealand, ewes 3 1-8 3 3-16 Australian, light 3 1-16 3 1-4 Australian, heavy 3 3 1-8 Australian, ewes 2 15-16 3 River Plate light 3 1-2 3 1-2 River Plato heavy 3 1-4 3 1-4 River Plate ewes 3 1.-8, 3 1-8 Lamb — / Canterbury, light 5 5 1-8 Canterbury, medium 5 1-8 1-5 Canterbury heavy.. 4 1-2 4 1-2 Southland 4 3-4 4 3-4 North Is., selected 4 3-4 4 3-4 North Is., ordinary 4 5-8 4 5-8 Australian, best .. — — Australian, fair — ’ , Australian, inferior — — River Plate, first .. . — River Plate, second — — Beef — N.Z. ox fores .. .. 2 3-8 2 3-8 N.Z. ox hinds .. .. 3 1-2 3 1-2 Australian, ox fores 2 3-8 2 3-8 Australian ox hinds 3 3 River Plate ox fores 2 1-4 2 1-4 River Plate hinds 3 1-4 3 1-4 Rlv. Plate, chid fores 2 3-8 2 1-2 Riv. Plate, chid hinds 3 3-4 4