COMMERCIAL.

Southland Times, Issue 17657, 15 February 1916, Page 4

COMMERCIAL.

AGRICULTURAL EVENTS FOB THE WEEK ENDING PEBBUAEY 19: —Tuesday, February 15. Stock sale at Gore. Air John Sullivan's clearing sale at Ermedale, Fairfax, by Messrs J. R. Mills and Son. —Thursday, February 17.Stock sale at Riverton. —Friday, February 18.— Stock sale at Kiversdale. SALE OP MUNICIPAL LEASEHOLDS. On Saturday evening Messrs Wm. Todd and Co., instructed by the Borough of Invercargill, offered for sale by public auction the undermentioned leaseholds for a term of fourteen years from March 1, 1916. The majority of leaseholds were again secured by the present tenants, and in no instance was the upset annual rental exceeded. Following were the purchasers:— Section 9. block 17, (upset annual rental £3 5/-) —Present tenant. Section 3, block IS (£5 5/-) —Present tenant. Section IS, block IS (£5 17/6) —Miss Peters. Section 3, block 19 (£3 5/-) —Present tenant. Section 13, block 10 (£3) —Present tenant. Section 11. block 20 (£3 16/-) —Present tenant. Section 9, block 21 (£3) —Present tenant. Section 19, block 22 (£6 10/-) —Present tenant. Section 5, block 24 (£4 5/-) —Jas. Robertson. Section 15, block 24 (£4 17/6) —A. McAuley. Section 9, block 27 (£4 10/-) —John Kingsland. Section 19, block 27 (£4) —Present tenant. Section 15, block 29 (£5) —J. Leonard. Section 21, block 31 (£5) —Present tenant. Section 9, block 32 (£5) —Hcmmingsen and Butler. Section 19, block 32 (£4 10,/-) —G. Groves. Section 17. block 33 (£1 5/-) —Present tenant. Section 5, block 31 (£1 5/-) —Present tenant. Section 15, block 34 (£1 5/-) —Present tenant. Section 3, block 35 (£4) Present tenant. ‘ Section 9, block 3.7 (£4 5 -) Present tenant. Seeti'm W., part 19, block 37 (£2) Present tenant. Section 14, part 10, block 37 (£2) Present tenant. Section 7, block 3,8 (£! 5/-) —Present tenant. Section 15, block 39 (£1 5/-) —Present tenant. Section 12, block 40 (£5) —Present tenant. Section 13. block 40 (£1 10/'-) —G. J. McLean. Section 9. block 12 (£5) —J. Dow. Section 7, block 13 (£5 5/-) —A. McCollum. Section 17, block 13 (£1 17/6) —John Malheson. Section 15, block II (£1 10/-) —Isabella Adcock. Section 9, block 12 (£1 10/-) Present tenant. Section 7. block I3(£l) —(’has. Cameron Section 17, block 13 (£1) Eliza McKenzie. Section 5, block 49 (£1 5 -) —.1. Donnelly. Seicion 15, block 1!' (£1) A. Jackson Sect ion ! 5, b 1 oek 61 ( £ , I 1 ‘rosen t tenant. rtinn b'oek 71 (£?o)—Jas. Allan. Se, limi W. part 1. block 80 (£1 10/-) present t>, mint. Section 14, part 1, block 80 (£1 15/-) —- (1. R. I lurry. Section 2, block sa (£2 12 6)— A. K. Seaman. Section 3. block" SO (£2 12/6) —Present tenant. Section 19, block 17 (£3 15/-) M. A. Holmes. Section 16, Mock 16 (Ml Present tenant. DUNEDIN MARKETS. GRAIN AND PRODUCE. .Messrs I laigely and Co., Ltd., report as follows; Cats. - -The market is quiet, offerings from the ■•otiulry have been light, and \alms have receded of late. Wc quote: Prime milling. 3 I to 3. good to best feed, 3. I to 3 1 per bushel (sacks extra) Wheal. — Fowl wlmat is offering freely, and prices show an improvement. Wc quote: Rest whole fowl wheat, 5 - to 5 3, per bushel (sacks extra). Potatoes,-’ Supplies have not been so heave of late, but the demand is eonliner to choice, freshly-dug lots. We ciuote: Rest freshly-dug (aide lines, £7 to £7 in - per ton (sacks in). ('ha IT, -i onsignrnents have not been very heavy, lint prices do not show any improvement. We quote: Prime oaten sheaf, £5 2 '6 to £5 7 6; medium to good, £4 15 - to £5 per top (sacks extra). Messrs Donald Reid and Co., Lid., report: — Wc held our weekly auction sale of .main and proilime at our stores on Monday, when values ruled as under: Oats —Shippers are ready havers ol new oats for immediate delivery, but will only not rate at lower rates in eases when* delivery is extended. The quantity on offer so far lias been small, and consequently there is not much business to report. We quote: Prime milling, 3/4 to 3 5; good to best feed, 3. 2 to M: inferior to medium, 2, In to :: 1 per bust)el i seeks extra). Wheat- —I larvc-l is now becoming general, and the new crop is awaited With interest hy millers and loeal buyers. The few lots 'threshed are mostly in goad condition for milling. Millers are not offering keenly, ami salt.’ - to date* are chiefly confined to northern-grown lines, w h - v are in excellent condition. Jn

southern-grown lots the best price obtained so far is 5/- per bushel, on trucks at country stations. Fowl wheat is offering in small lots locally at 5/- to C/ 3 per bushel (sacks extra). Potatoes —We quitted a few freshly dug at our sale to-day at £7 10/- per ton. which may he regarded a-s about top ruling price. Supplies are not coming forward freely, and all consignments arriving in‘good sound condition are readily placed. Fair sales have also been made for forward delivery. We quote: Good to best £7 to £7 10/- per ton (sacks included). Chaff —Moderate supplies are coming forward. The local demand is not keen, but all good to prime lines can he placed at quotations. Inferior lots are not in request. We quote: Best oaten sheaf, £5 2/0 to £5 7/6; medium to good, £4 10/to £5; inferior light and discoloured, £3 5/- to £4 5/- per ton (bags extra). HIGH COMMISSIONER'S CABLE. (Per United Press Association.) WELLINGTON, February 14. The High Commissioner cables (quotations, unless otherwise specified, arc for average market prices on spot):— Meat.—-There is a good demand for all descriptions of mutton and iamb and prices are advancing on account of the decrease in the amount of home-killed, together with the small supply of frozen meat available for the general public. Mutton. —Canterbury, T'lgd for lightweight: medium, 7tid; other brands than Canterbury not quoted officially. There are only a few selling at 7%d for best quality light-weight. Ewes, average price, 7 l-16d. Lamb. —Canterbury, Sd for all weights; second grade, 7Tsd; other brands than Canterbury, Sd for best quality; ordinary quality, 7 ;id. Beef. —Only New Zealand cow beef is available; binds, 6’/..d; fores, s lid. Chilled in moderate supply, hinds, 7'id; fores, 6’ pi. Butter. —Tile market is quiet but firm. The Danish market is firm with an upward tendency, JSS/- to 162/-. New Zealand spot, market very firm. The Mamari's butter is not yet available. Quotations, 152/- to 154/-; unsalted, 160/- to 16S-; fair to good quality, 146/- to 150/-: Australian, 146/- to I IS/-: Siberian, ’124/- to 130/-; Argentine, 142/- to Ml-.

Cheese. —The market is quieter; Canadian white arc not pressing; FehruaryApril shipment of Manila, new graded fair, £55 10/-. For New Zealand the market is quiet, hut steady at last quotations. Dominion offerings are verv small. The stock on tlie 31st January was till hales. Wheat.—There is a firm market, and prices have advanced; Australian wheat Of.'-, sailers; steamer, fit),/-; Argentine, February shipment, 67/9; American .stiiler, 69/-; Canadian and coloured, 97/-; United States eheddar shapes, 96/- to 97/-; Mats, 95/- to 96/-; Englisti Cheddar, 102/- to 104/-; Cheshire, 111/- to ns/-.

Hemp—Manila is rather less active this week owing to heavy receipts. The output from Manila for the week ended 12th inst. was 25,000 hales, and the estimate for the next two weeks is 32,000 bales. The freight difficulty is still active, and sellers 67/-. Direct American anil Canadian offers are scarce on account of the freight difficulty. Oats.—The demand has improved, though still small. Offers are scarce. Argentine alloat, 3.1/6 to 32'6, according to position. Hops.—The market is quiet and prices firm; English, 130 '- to 150 '-; Californian, 95 - to 115,'-. These quotations tire for 1916. Wool—The market remains firm.