COMMERCIAL.

Lyttelton Times, Volume CXV, Issue 16488, 2 March 1914, Page 9

COMMERCIAL.

sftp - LONDON MARKETS. r; ■ v FROZEN MEATS. By Telegraph—Press Aea.idatkn—Copyright. LONDON, February 23. The Frozen Meat Trade Association’s Smithfield market quotations for the undermentioned classes of frozen tneat 'are based on actual sales of not -fewer than 100' carcases of. mutton or lamb or twenty-fivo carcases of beef of fair” Average quality. These quotations are not for selected lines, hut for parcels "fairly representative of the bulk of the shipments now on, the market:—

LONDON. February 28. ..The demand for rabbits is very flat, ... owing to;.the heavy arrivals from New Zealand which had accumulated during the strike. . New South Wales blues ex store, 15s 6d. , . o The following cable message has been received by Dalgety and Co., Ltd., Christchurch, from their London office, . dated February 26:—“The frozen meat market is very quiet and prices .. . are unchanged, except. heavy and secondary qualities of mutton,; which ’ are. lower by Jd per lb since our .last cable.” MARKET REPORTS. . f TATTERSALL’S HORSE BAZAAR! Messrs H. Matson and Co. report an entry of 36 horses ou Saturday. Several buyers were present for good ' sound draughts, but "not many of that class came forward. Hacks and harness horses £wero mostly on the aged side, and pr[£fcs for these were low. By auction and privately .the firm sold ' draughts at £32, £29, .£26, and down to £8 for old draughts. Harness horses realised from £6 to £9 15s for active sorts, and down to £1 for has beens. POULTRY AND EGGS. The entry at the poultry marwket< ??.onrr..-Saturday . was not quite 80 t.; large as usual, owinc to i farmers •: being busy with the vharvest. A Prices for good quality birds ..-.were..high, medium and half grown birds being m lesser demand. Table -chickens sold at 6s to- 8s lOd, ducks 3s .-to 6s f 2d, hens 2s to. 4s lOd, geese 5s hiPb. 6s, pullets 3s 6d to 10s, all. per couple. • -. )Owing to the continued mild weather .. supplies are more plentiful with prices v ihclui(3d to, be easier. Canterbury Egg .first. grade realised Is 5d per dozen on'Saturday, second grade Is _.sd -to. 15,.4d and farmers’ lines Is 2d ~,,p ls\3d.. During the week dozen eggs and V 820, head of poultry were exported, re'.'ipresenting.a value of about £MfO.

0 AMARU. [From Our Correspondent.] OAMARU, February 28. ' The local grain market has experienced a little more activity this week, especially in regard to wheat. ’Transactions have, however, all been for immediate delivery, there being no buyers at present prices for forward delivery. Millers are content to fill present requireriients and await developments as to the future. Velvet wheat has been sold in lines reaching 2000 •bushels at from 3s 7d to 3s 7]d net at country, stations, while 3s 8d has been given - for very prime samples. For Red chaff the prices, net to growers at country stations have ranged from 3s 6Jd to 3s-7sd, but only a small quantity of that variety has yet readied the market. Very little Tuscan has been seen, and the only sale of looallygrown was taken at 3s 7d net at a country station. South Canterbury Tuscan has been sold here at 3s 6dnet on trucks. So far Marshall’s white has been in the largest supply, and one line of 800 sacks was secured at a country station at 3s; Old net. Other sales of smaller dimensions have been made at 3s 6d and 3s 6jd net, and 3s 7d less commission, all. at country stations. Farmers seem to. have deferred the threshing of oats, giving preference to the handling or wheat. At any rate offerings from the country have not yet reached a liberal scale. There is a go oil deal of difference in the quality of the samples, these ranging from medium to excellent-., For one specially good line of Cartons, reaching over 461 b to the bushel, Is 8d net was given at a country station. Other sales of A grade Gartons have been made at from Is 7d to Is; 7]d not, while. B grade Gartons have changed hands at from. Is Cd to ls 7d net on trUCkS..: ? t A lot of malting barley lias been on offer, but maltsters, having apparently good supplies of last season’s barley, are not at present prepared to operate. One small line was sold at a country station at 2s 3d net. A little business lias been done in Cnpc barley at Is 7id.net on trucks. . Some.transactions in cocksfoot seed are reported at 3Jd, 3Jd and 33d for clean seed, according to weight of samples. The market for potatoes*has.not yet opened, and the only means of disposal has been by consignment to Dunedin on grower’s account. PROPERTY SALE: Messrs W. E. Simos and Co. offered by public auction on Thursday evening (in connection: with Messrs Smith and Bruere) a property in Spreydon known as the Springrove Subdivision. There was a large attendance, find the following lots were sold:—Lot s—-G. I. Ingram, £9O; lot 52—G. .1. 1 Ingram, £92; lot'22—J. R. Roots, £67 10s—lots 23 and 24—J. R. Roots, £125; lot 40—R. J. Colquhoun, £B2 10s; lot 38— J. W. Farro, £77 10s; lot 41—AV, E. Bell, £BS; lot 43—G. A. Hiidson, £BS. The other lots were passed in.: Mr Sutton’s property in Kilmore Street, comprising dwelling and thirty perches. lancT, was also submitted to auction, but was passed in,' and subsequently was sold privately. SALE. Pyne and Co. .report having offered for sale by auction at their rooms, on Saturday,' February 28, 170 acres of first-class land ;at Halswell, on behalf of Mr P. Burke... The property was divided into three farms of 70, 60 and 40 acres respectively. Lot 1, the homestead block comprising 70 acres, was sold under good competition to Mr W. Roberts (Spreydon) at ■ £7O per acre. Lot 2, comprising 40 acres without buildings, was passed at £SB .per acre, and Lot 3, 60 acres, passed at the same price. LAND SALE. The National Mortgage and Agency Compnny, Ltd., in conjunction with Messrs Friedlandor Bros,, Ltd.-, held an important auction sale of land in their rooms on Saturday afternoon, when a large number of farmers and others attended. The sale was held on behalf of the estates of the late Mr Mathew Stitt and Mr J. R. Hart. The land submitted comprised 1053 acres, divided, into nine farms, ranging in area from 77 to 205 acres,. known as the Blackbridge farm, situated about ten miles from Ashburton, and was originally part of the noted Longbeach Estate. The first lot submitted was a block of 77 acres, with the option of taking- an adjoining block of 111 acres. Bidding started at £24 an acre and quickly rose to £29, at which figure it was passed in.. The next lot was a block of 84 acres, with the option of taking an adjoining block of 85 acres, and it was sold at £33 per acre, the purchaser being Mr AV, T. Stevens, of Lowcliffe. A block of 140 acres was passed at £3l per acre,. while another block of 142 acres was sold at £32 an acre to Mr AV. Ellery, of Eiffelton. The remaining lots failed to find buyers by auction. , . . LAND SAI/E~AT _ ASHBURTON. At Ashburton on Saturday Mr H. Stephenson sold, on account of Mrs Hunt, a quarter acre property with dwelling of six rooms, situated in Cox Street, Ashburton, to Mr A. Pollock, at £245, and on account of Mr L.ithgow, a quarter aero property with dwelling of four rooms, situated in Moore Street, Ashburton, to Mr AV. Simpson, at £343. CRADDOCK, McCROSTIE COY. WEEKLY SALE.REPORT. Messrs Craddock, McCrostie Coy. report having sold on account W. A. Hawkins, Esq. his superior two-storeyed art bungalriw situate Qileen’s Avenue,,

Fendalton, to H. Atkinson, Esq. On account Mrs Newton eight superior building sections in Opawa to Mr Swainston. Having sold by public auction on account trustees in estate late Mr J. Dutton 6-roomed residential property situate London Street, Richmond, to. Mrs Shaw; J-acre and 4roomed cottage situate R-odney Street, New Brighton, to Mr Wylie. Also on account the Board of Governors Canterbury College, largo residence in. Montreal Street, adjoining the Girls’ High School, to Mr Ellingford. Having held clearing sale on account Mrs Mortland, Antigua Street. Wo beg to draw special attention to sale on account Mr Hiles to-day, Monday,- on the premises, Antigua Street South, of. bungalow, property and superior furniture. To-morrow, Tuesday, on account Mr Bridge, on the premises, Repton Street, just off Merivalo Lane, of superior oak furniture, etc., etc. On Thursday next on account Mr \\ allace, on; the - premises, North Road,; Papanui,,. two. dog-carts, two horses, cow, furniture and effects. On finday next on . account Mr Parsons, on the promises, Upper Waiau, Ferry Hotel, contents of twenty-two rooms, etc. In our rooms Saturday next important sale of properties. iOO BAKER BROS.’ (Land Salesmen) WEEKLY LEtTIN v G REPORT. Messrs Baker Bros., of 168, Manchester Street, report having effected the following lettings during the past week: —On account Mr M’Sweeney, 5 rooms, Barbadoes Street, to Mr fortune; on account Mrs Temperley, 5-roomed bungalow, Colombo Street; on.nocount Mr West,’s-roomcd bungalow to Mr Campbell ; on account -Mr Clark, 3 rooms, Durham-Street; on account Mrs Gregory, 5 rooms, St Asaph Street, to Mr Rushbrook; on account Mr Scott, 6 rooms,. Acton Street, to Mr Cummings; on account Mr T. Brown, rooms with 2£ acres, Ferry lload, to Mr Downing. 3117

STOCK EXCHANGES. CHRISTCHURCH.

Sale on 'Chango :-r-Bowron Bros. E. and T. Co. 6a. AUCKLAND. [Per Press Association.] AUCKLAND, February 28. Sales reported:—Grand Junction 26s 3d, .Auckland Gas 28s, Union Sljeam (ord.) 24s 6d. r , \ , WELLINGTON.- ' [Per Press Association.] WELLINGTON, February 28. On the Stock Exchange sales are reported of Talisman Consolidated at 43s 6d and Watchman 2s lOd. DUNEDIN. [Per Press Association.] ? DUNEDIN, February 28; \. Sale reported:— Junction 26s 6d. - |.j MINING. THE GRAND JUNCTION GOLD *#■ ' ; ‘ MINE. ' • [Per Press Association.] > AUCKLAND, February 28. At a meeting of the Stock Exchange the. chairman, Mr Buttle, mentioned the matter of a circular dealing with tho prospects of the Grand Junction mine. He stated that he had communicated with its author, Mr Hay, of Auckland,- who stated it was a private and confidential ..document and was not issued with the object of depressing the value of shares. It was for the public to decide whether Mr Hay or Mr Grace, the mine superintendent (who denied Mr Hay’s conclusions) was the most competent to _ express an opinion upon the conditions in the mine. ' /

• „Fcb. 21. Feb. 28. Mmtton— d. d. , ..Canterbury, light . .• n.o. n.o. Canterbury, medium . n.o. n.o. • Canterbury, heavy •. .‘.'n.o. n.o. • Southland ; - . ■. n.o^ n.o. North.Island,best brands 41 4i North. Island, ordinary. ■ . -4g 4i New Zealand' ewes ... .... 4 4 Australian, heavy . 3¥ 31 ■ Australian, light ‘ . . 31' 3i Australian ewes . . 313-16 S13-16 River Pijjte, light . . n.o. n.o. River Plate, heavy • . . 4J 4i • River Plate ewes . . 4 4 . \amb—- ' Canterbury, light . . n.o. n.o. Canterbury, medium . n.o. , 11.0. : Canterbury, heavy . . n.o. n.o. North Island, selected . 65-10 6 5*16 ; North Island, ordinary . G 6 . Southland, selected . . * . n.o. n.o. Australian, best . . 511-16 51 Australian, fair quality . 5g 5» River Plate, first quality 51 51* River Plate, second quality 51 Peef — 5i New Zealand fores . . 4 4 New, Zealand hinds . . > 44 Australian fores . . 4 4 .‘‘.' Australian hinds . . 4i 4 .V River Plate, chilled fores 4J" , 4 ' r River Plate chilled hinds 51 54 . River Plate frozen fores . 4 4 River Plate frozen hinds 4J 41 • . RABBITS.

The following nre tho latest quotations: — Buyer*. Sellers. & a. d. £ a.d. BASKS— National of N.Z. BREWERIES— • Cn co o . .Manning . .. t GASChrintckurch . MEATS— e u 8 4.2 6 Canterbury Frozen Meat , 8 17 8 jHlPPING-r New Zealand (pref.) . MISCELLANEOUS— 10 10 0 Bowron Bros. E. and ‘ T. Co. . . N.Z. Consolidated 0 5 0 0 6 0 Dental 12 6 Whitoombe and Tombs MINING — 6 17 6 Talisman (ex. div.) . 2 1 3