COMMERCIAL.

Press, Volume LXV, Issue 13427, 20 May 1909, Page 9

COMMERCIAL.

Unittd Pre»B Aseociation-By Electric Telogrfcph- -Copyright.

LONDON, May 18. Australasia: Buyers £ 108 10s, sellers tmlOs. Union: Buyers £64, sellers fes National (Now Zealand): Buyers t-5 iOs, sellers £5 los. At the w<x>l salt's there were large offerings, rhiefly New Zealand. rncee Mr tne best sorts were well maintained. TTniied States prices for top making «rt, were fully maintained, and tin--s[ermediete wore a little more irregul *Tbe Kotu clip sold at IOJd.

AUSTRALIAN PRODrCE MARKETS A SYDNEY, May 19.

Wheat is quiet at •>< -Id, Hour 112 10s; oate, Algerian 2s od to 2s J>d, Tartarian 2s 10d : barley. Capo 3s to q« 3d" maizf, Js o»l: potatoes, Jasmaninn £4 to £5; onions, \ ictonan l< s£, Now Zealand 1G iUs ; butter, 116s; bacon, Bid

MELBOURNE, May 19

Wheat. Ss Id; flour, £11 10s; oats, Algerian finding Is I><l to 2s; barley, feeding 2s J)d. malting unediuni) 3s 3d, r»De "s yd k> - s 1(,v *; i"-' 111, ' ,, . ls Bti u > i s 9d : bran, U Id; p-.ilard, Is 2<l; potat&es, £3 los toil; onions, £G 10s to £7

ADELAIDE. May IP

Wheat, 5s Id; flour, £11 ; oats, Algerian 2s 2d to 2s 4d; b.-irley, Capo 2j> ad to 2s 6d; bran and pollard, Is *!• Messrs and Co. liavo re-reivc-d tho following cabk- fro:n tbe-ir £ D don office, d»t«l ]Bth Mpv :-- ---«W«ol Sales.—The fourth series, winch is fixed to open nn 6th July, is limited to 140.000 bales. The fifth and sixth series are unlimited, and ;ili arrivals up to irithin fight days of the o:>."nii!y of these sales will !*> admitted."

\DDINGTON LTVE STOCK MARKET. (BT OCR COMMERCIAL EDITOR.)

There was a fairly large entry ot stock and a good attendance. Fat cattle afiain m«t with a dull sale, store sheep showed no change, fat lambs gbowed a further advance, fat wethers gold at about last week's rates, and ewes wore easier by about Is por Load. There was an improved demand for itore cattle, and good dairy cows sold irjU. Bacon pigs sold at latf> rates. and'porkors and stores n:et a weakor market

STORE SHEEP. The entry of store sheep was not a Urge one, but the shcop were of a better class than those offered at late sales. There was a good attendance of buyere, and every lot changed liana's a; rates fully equal to those of last week. A line of forward wethers made Us jjd, two and four-tooth owes oi medium quality brought 14s, arid sound- : jnouth ewes 14s 6d. Forward lambs of mixed sexes made 10s 6d to 11s, and gmeller 6s 9d to 8s 9d. Tho sales included the following linos : —Ewes: 100 four-tooth at 14s 6d, 106 do. at 11s 9d. i 50 two and four-tooth at 14s. 13 at 12s 2d, 411 two-tooth at 13s, 140 two, four, six and eight-tooth at 15s Id. Lambs: 102 at 7s 6d to 8s 9d. 77 at 8s lid, 112 at 8s sd, 372 (mixed sexf <) at 11s, 102 at 10s 6d, 96 (wethers) at 8s 9d 36 (small) at 6s 9d. We there: 58 at lie 9d, 49 at 12s 4d, 102 at 12s 3d to 12s 6d, 20 at 11s Id. FAT LAMBS. The entry of fat lambs was a large one, »nd the bulk were well grown and , in prime condition. There was active competition among the export buyers, and a clearance was effected at prices that showed a further rise of about 3d per head. Prime freezers made 13s to 14s 6d, a few extra heavy to 15s od, and lighter Hβ to 12s 6d. The principal sales were:—For H. McCarthy iPwbUeton). 446 at 14s 6d to 15s sd; T. Innea (Waddmgton), 32 at 13s 3d to 156 3d; W. Neero (Hawarden), 37 at' 13a 7<f fo 14s lid; K. Mclntosh • (Ktiapoi), 37 at 14a 5d to 14s 10d; D. B. Cwruthers (Doric), 36 at 14s 9d; D. B. Hutchinsan (Kirwee). 70 at 14s 7d; W. McCausland (Southbridge), 23at I4s 7d: E. E. Nutt (Little River), 70 at 13s 3d to 14s 6d; Mrs Coga.n (Waddington), 97 at I*4s 6d; D.J. Mc- • Coraick (Southbridge), 21 at 14s sd; Haskett Bros. (Yaldhurat), 44 at 14s Id to 14s sd; C. Netting (Waiau), 219 •t lSs 7d to 14s sd; T. G. Dawsom (Hornby), 108 at 13s 10d to 14s 2d; ;J. H. Darison (St. Leonards), 55 at 13* 8d to 14s 2d; W. Menzies (MenWβ' Bay). 78 at 13s 8d to 14s: R. Hifrieon (Rakaia). 39 at 14s; G. Tomlueon (Soarg'cH), 41 at 13s to 14s; J. • Deans (Riecarton), 21 at 14s; I. Andrew , (EBosmere). 22 at 13s 10d; H. Storer (Waiau). 80 at 13s 10d; J. Tuft (Yaldiuret). 239 at 13s 9d; J. Donald, junr. (Djmsandel). 95 at 18s 9d; T. Murphy (Cherurt), 46 at 11s. 9d to 13s 9d; A. W. Rountre© (Waiau), 66 at 13s 8d: ?' ,„ r £V aon (Sefton). 76 at 12s Id to 13e 7d; M. Coetello (Cheviot), 41 •t 13s Id to 13s 7d; Mr* S. E. Thwa-ites (Hororata); 22 at 13s 6d; J. W. H*rriaoii (Pirujki), 527 at 13s to 13s 5d ; McM ty T B 2 >s ;J? i J l,ksif,o )' 34 at ] 3s M; nwliMffHjghbank). 30 at 13s 4d; fi.^ (Ayl-pfihury), 78 at 12s 8d to i» «: «j»nt, 204 at 11s Mto 13s 3d ; ;■-•« *\ llfc "' R(i n. senr. (Cheviot), 378 Widel), 83 at 13s Id; M. Brtholl (Pa■n W 37 ° et 12s Mto 13s; «. Bond (Hi«fhbaTik). 27 at 13s- J McCoy (RakaiA). 64 at 11s 3d to 13s- •?•& i°}*on (Hororata). 158 at lie M l>. McOlnw (Darfield). 150 lilS % 'aY- nd ,9- J?" 1, (Hororata), te ** J?* H ; Kstate (Chanrv's) «** "sJd to 12r; Miss Rend (Cul-

' FAT SHEEP. ■ yarding of fat sheep was consid- . er»N T large,, than the previous week, "tf on account of the plentiful supply were was not such keen competition the butchers for ewes, and these '"it? • I(mer rates than wc -re ruling dwl! ,eneue w eek, and the average !?".'"«l»et Is per head. Wethers rrl ? ltn fa >r competition for export wL. V sß P racti cally no change in p~. w, x »* range of prices was:— B2 B ai*^ h ? r * 14s M to ICs - extra to ■JJa.2: 0 1,^*,, 13s to 14s ; merin< > Jft , . 8 * W to 12s 9d•: prime ewes, WiJLV* 13 ?' OtherS 8s to lls " Tho Eft eal^J-ere.--Wethers: For A* i°llT W ffillcsmere), 100 at 14s 3d ; •■■l7* ftS'n ( l aIsw «"). 126 at lGs to «t iaTin?V P «f be * (Cheviot). 147 'raS if 18 at 16s B. Dwver ft»62 a t 16s Id to 1& 4d: ■V Oxford), 29 at 15s 7<l; MtJ'il o ßlt (Swannanoa). CO at 14s SwThif 0 14s 5d *° 14s lld ; stone 14* UA r ll ,l nson . (Chertsey), 116 at *« lid to 15s 6d: W. and G Hill Si J?? ,^ a,ka fi>. GO at. 14s 9d to l4i<W + i™!?, Bro * (Cheviot). 39 at''£*£l?P', D MoKendry (Laurie--StriS a - 14 ! T- H - Wilkinson Ecl&r Hill >- 66 at 14s 8d; 14?6d- ( H^ nSan^ l) ' 67 at 13 « "d to 1 * 3, ;. 11 " 1 ,* < Mount Vulcan), &L^WO 14S P ' M - Hamilton StS fW r 9 at 14s to 14s sd; F. J. at lil'l? + kl ?I Hls fi,stato (Wainui), 71 ,W-T a®?^ 139 at 13s W to 14s «. i. S. Inline (Waddington), 18 at

Us 7d ; A. Anderson (Kirwee). 63 nt 14s 2d; J. Fraser (Culverden), 281 at 14s 3d. 21 merinos at 9« Id: J. Johnson (Spring&ton), 59 at 13s lid; F. Blatchtord (Teddington), 52 at 13s M; E. P. .Stanford (Little Akaloa), 48 at 13s 8d: J. Hanna (Santhbridgej, 47 twos ami wethers 10s 2<l to I.ls 8d : W. Paige ty (Cheviot). 31 at 13s sd; 8. E. Thwaites (Hororata). 37 at 13s 3d. Ewes: Shcate Bros. (Horrellville). GO at 12s 2d to V*s 2d ; T. Connolly (Ashburton). 60 at l-'.s Gd to 13s: F. Bailey l.Sprinijston), 55 at 11s 7d to 12s 6d; W. Chamberlain (EHesmore), 34 at 11s Id to 12s 3d : client, 57 at 11s 2d to V2i 2d : D. McKendry (Lauriston), 200 at ?s 5d to 12s; W. Palmer (Winchester). 94 at 10s Id to lls 9d; J. Stuart (Methven), CI at 9s lOd to lls 10d; C. P. Murray-Aynslev (Methven), 59 at lls Gd tolls 10<;'; Evans Bros. (Cheviot). 101 at 10s Id to lls 7d; E. Wolf (Cust), 37 at 9s to 12s 2d ; "W. M. Gabbie (Southbridge). 60 at 10s (kl to lls 3d; J. Crov (Rnkaia), GO at 10.5 Gd to Us Id ; client. 107 at 8* lid to lls; T. Lilley (Highbank). SG at Ds Id to lls; It. Campbell (Cliertsey), 55 at 10s 9d : R. Oakley (Rakaia). *68 at 10s 8d ; F. Buseh (Amberley). G5 at &s Til to 10s 6d; H. E. Peryman (Tai Tapu), G'i at 9s iJd to 10s sd"; C. Chamberlain (Ellesmere). 24 at 10s 3d: G. Botherway (Waimnte), 60 at 9s 3d to 10s 3d: G. W. Forbes (Cheviot), 52 at f>s to 10< 5:1; W. Earl, jun. (Waikare). 70 at <>s 7<: to 10s 2d ; H. J. Harrison (Rflknia). 11l at fts Id to 10s 3cl ; R. iind B. Coo (Irwell). 30 at 9s lid; P. V'.icetich (Dunsandel), «6 at. Rs lid to Ps llfl : W. .Sh«w (Ladbrooks), 59 at 9s 8d to 9s lid: P. C. Threlkeld (Methven), 70 at '.'!■=. ikl to as lid; J. Renriio CPoylos*<>n), 20 nt 9s M: R. J. Gilchrist (Oxford), '.U at P.s 3d: J. W. Harrison (Pinaki), nt 8s lid to 9s -Id; H. Holland (Waikari). f>3 at 8s 10d t<T 9s •VI: P. M. Hamilton (Culverden), 25 at Uα s<l; J. Johnson (Springston), 55 at 9s lid; E. Jones (Roth-rliam), 120 •it 8s 4<\ to 9s: H. Bnllajih (Hororata). 50 at 8s lid; E. vScctt (Omihit, at &>; W. G. Carpenter (Yaldhnrst), 45 mc linos at 7s to 7s Id. FAT CATTLE. There were 301 head of fat c«ttle penned, and the quality was of a fnir average. The demand was again dull, <md sales were difficult to effect, prices showing no improvement on the low rates of the previous week. Steers made £5 2s Gd to £9 10s, heifers £3 10s to £7. and' dry cows £! 2s Gd to £7 10s. equal to 17s Gd to 19s 6d for prime, los to 17s for medium, and 13s to 14s (kl for cow and inferior. Among the sales were :—For a client, 8 steers at £6 7s (& to £8 10s; G. G. Holmes (Knocklyn), 13 steers at £G 5s to £G9; A. Kenn«xly (Hawarrlen), 12 steers at £G 7s 6<l to £3 17s Gd; 12 heifers at CCi 5s to £7 los; E. D. Giles (Mount Parnassus), 7 steers at £7 to £7 17s G<l; G. L. Rutherford (Connemnra), 7 steers at £7 12s Gd to £8 15s; H. Atkinson (Woodbank), 24 steers at £o 2s Gd! to £9 IDs; R. H. Rhodes (Otahuna), 10 steero at £9 to £9 ss; Pratt Bros. (St. J«mes), 19 heifers at £4 17s Gd to £5 17s Gd. I steer at £6 ss, and 3 cows at £6 10s; J. Pow (Fernihursi), G steers at £G 17s Gd to £9 12s Gd 11 heifers at £G 10s to £7 17s Gd; L. Wilson (Teddinston). 12 heifers at £4 5s to £6 12s 6u. A good yarding of calves sold at 4s 6<l to 57s Gd, according to size and quality. STORE CATTLE. The entry of store cattle included onJy four or five pens of good young cattle, two and three-year heifers, the balance being composed largely of old cows, many in very poor condition. For the best classes there was an active demand at jprioes quite equal to recent rates, but buyers showed a marked indisposition to touch the poorer classes. Yearlings realised 16s to 17s, fifteen to eighteen months sorts 3os to 375, twoyear steers £2 los, two-year heifers £2 10s to £2 16s, three-year steers £3 los, three-year heifers £3 8s to £3 10s, one particularly good line making £4, and dry cows 20s to £3 3e. DAIRY OOWS. Although the yarding of dairy cows was rather above the average of recent markets, it included few good cattle. For the best kinds there was a froo demand, but those in low condition were not sought after, and were difficult to nuit. Prices ranged from £3 7s 6d to £9 7s 6d. PIGS. The entry of pigs was a fairly large one, but stores and porkers met with a weaker demand, and prices for these classes were rather easier. Large baconers made 48s to 635. and lighter 42s to 475, equal to 4Jd to 4£<l per lb; large porkers 34s to 40s, and lighter 28s to 325, equal to 5Jd per lb; large stores 30s to 345, medium 22s to 28s; slips 14s to 18s,. and weanere 8s to 12s. SKIN~SALE. At the Canterbury By-Products Company's sale at Sockburn on Tuesthe following prices wore obtained:—Halfbreds 4s Id to 6s 6d, threequarterbreds 4s 7d to 6s 6d, cross'Dieds 4s to 7s, and lambskins 4s 3d to 4s 7d.

BURNSIDE STOCK MARKET, (press association -zlxokau.)

DTJNEDIN, May 19. At Burnside to-day 210 fat cattle were yarded, mostly good-quality bullocks, "ivith an odd pen of heifers. Prices were firm at last week's rates for a.ll classes. Best bullocks brought £8 lQs to £10, oxtra £il 2s 6d, medium £7 to £7 los, light £5 to £6 ss; best heifers up to £6, extra £7 17e 6d, medium to £5. Sheep>—2s27 were yarded, a largo proportion beiing ewes. Ewes realised prices slightly in advance of lato rates, but towards the close of the sale they were difficult to place. Best wethers brought 15s 6d to lfis 6d, extra up to 18e 9d, medium 13e to 14s, unfinished sorts 12s to 13s, best ewes up to 12s, extra to 16s 6d, medium to good 7s to 10s. Lambs—l 936 we<ro yarded, prices being much on a par with late rates. Best lambs brought 12s 6d to 13s (3d, extra up to 14s 6d, medium lls to 12s, inferior 9s to 10s. Pigs—lo4 were yarded. Fat pigs •nen? in short supply and the market was firm. Store pigs were in good number, but were not of good quality, though late rates were maintained. Heavy baconors realised up to 70s, medium oos to 635, best porkers 45s to .50s. medium 40s to 455. slips los to 2os. forward stores up to 3os, suckers 10s to los. As the result of reduction in the price of flour, tho master bakers have decided to reduce the price of bread to 7d per 41b loaf from Tuesday next.

THE PRICE OF FLOUR RE3>UCITD. Tho New Zealand Flourmillers' Association have reduced the price of flour £1 per ton, and their quotation now is:—.Sacks £10 10s, 1001b bags £11, 501b bags £11 ss, and 251b bags £11 10s. (SPBCIAL TO "THE PRESS.") DUXEDIX. May 19. It is reported in town to-day that the price of flour has been reduced £1 per ton, owing to one of the large millowners refusing to re-join the Flourmillers' Association. The prospects of carrying on tho Association aro by no means assuring, and it looks as though the long-talked-of disbandment is at last to eventuate. Should this step be taken, ,: cutting" of prices is sure to follow. As a result of the fall in flour, tho price of the lib loaf will be reduced by id from Monday; bread will then bo down to 7d once more.

ON THE STOCK EXCHANGE. (special to "the press.") WELLINGTON, May 19. The mining market has " lately dwarfed the investment section of the Exchange, and looks like providing

brokers with the sinews of war for some time to come. The second call yesterday was notable for the number and volume ef the sales reported, the full list being:—Talisman £2 lls Gd (two parcels); Grand Junction. £2 2s I'd. £2 2s Gd. £2 2s 3d : Consolidated Gold. 19s 3d: Kuranui Caledonian. Is lid; Waihi Extended, & 2d; Waiotahi, 2s 7d: Wnitangi, 4s Gd. 4s Gjd ; New Alpines (S.'.s 3d paid). 5a 3d. ditto (10s paid). 5-, 10d; New Sylvia. 2s od. At this morning's call the only line dealt in on 'Change was the Waihi Kxtendrd, 6s. Considerable activity was manifested by the number of reported sales:—Talisman. £2 lls Gd ; Grand Junction, £2 2s Gd. £2 '2a; Consolidated Gold. 19s: Kuranui Caledonian, Is ljd: Waihi Extended. Gs Id, 0a; Waitangi. 4s GJd: New Alpine, 5s 3d, 6s, respective is-sues. In the share market sales were made of Sharland (Pref.), 19s 3d. and New Zealand Paper (cum. div.). £1 2s 3d. Quotations are:—National Bank. £o 8s (S); Bank"of New Zealand, £9 (B). £9 2s (S); Equitable. £9 7s Gd (S); Trust and Agency, lls 3d; Trust and Loan, £7 Iβ; Feilding Gas, £1 (B). £1 0s 0d (S); Napier Gas. £25 (S); Wellington Gas (fully paid). £17 17s (B), £18 9s (S). new issue, £1 2s 6d prem. (B); Standard Insurance. £1 Is Pri (B); Christehureh Meat. £10 7s 6d (B). £10 12s 6d (S); Gear Mont. £10 2s Gd and £2 lls Gd (B): Kaiapoi (Pref.). £5 (S); Westport, £6 8s 6d : Kauri Timoer, 14s 8d (B). 15s (S); Ley land Timber. £1 2s 6d (S); Taranaki Petroleum, os (B). 7s (S); Consolidated Gold. (B) ; Big River. £2 16s M), £3 (S): Tainm Broken Hill. 2s (B), 2s 3d (S); Talisman, £2 lls 3d (B), £2 12s (S); Extended, 5s lid (H). Os Id Junction. £2 2s 3d (B). £2 2s 9ri (S); Wnihi, £9 Os 3d (B>, £9 3s Gd (S); Consolidated. 2s 4d (S); Waitanga, 4s 7d (B). 4s 9d (S); Catehrnrin. 7Jd (B). B{d (S); New Alpine. 5s 3d and Gs (B). DUNEDIN. May 19. Stock Exchange sales:'—HartiVv and Riley. £1 10s 6d and £1 10s (three parcels); Waihi Extended Gs Gel, P-:se and Shine £1 14s 6<\. Sales are reported of New Zealand Paper Mills £1 2s 4id, New Zealand Portland Cement (new issue) £1 premium.