COMMERCIAL.

Oamaru Mail, Volume XXXVI, Issue 10069, 10 February 1909, Page 1

COMMERCIAL.

HOME MABKETS. [By Electric Telegkaph.—Copykiqht.] (Pee, Press Association.) Received February 10, at 8.53 a.m. London, February 9. Copper—Spot, £SB 6s 3d; three months. £59 ss; electrolytic, £62. Tin—Spot, £125 17s 6d; three months. £127 15s. Silver—2s. Wheat—Australian cargoes sold at 37s 6d to 38s. CHRISTOHURCH MARKETS. (Per Pkess Association.) Cliristchurch, February 2. Those millers who were in immediate want of supplies of wheat to carry on with having filled their requirements, the market is settling down to a lower level of prices. There is a considerable amount of new wheat now offering, but in view of its having been threshed out of stock and the grain being naturally softer than in a dry season, buyers are not keen to operate. The risk of the grain sweating in the bags necessarily causes them to exercise caution in the selection of samples. Last week saw buyers declining to make further purchases at the prices that had been paid for immediate supplies, and sales have now been effected on a lower basis. A line of 1600 bushels and another of 4200 bushels have changed hands at 3s 9d at and stations respectively, and 650 bushels at 3s lOd at Christchuvch. For a smaller line of prime milling wheat 4s has been paid for immediate delivery. WOOL SALES. IPkK I'KESS ASSOCIATION.) Invcrcargill, February 9. The last wool sale of the present scries was held to-day, when 4004 bales were offered and prat tically all were sold. It- was neutrally anticipated, in view of the recent northern sales, that prices would be lower, but considering that there was less than half the quantiy offered, and that most of the best clips had been sold, trices were fully equal to those of the January sale. Lower grade wools were fully £d better. The best prco was obtained for a 3-bale lot of super-bred hoggets,- which sold for lid. The best prices for other sorts were : Halfbred 10|d, strong crossbred Prices were fully up to last sales' quotations. JUNCTION YARDS. Messrs Bruce Christie and Co. report on their usual weekly stock sale, held at the Junction Wards "yesterday, as under. Being an ideal harvest day and harvesting be-in;.' general the attendance was smaller than usual, also the entry of stock. Cattle.—Beef: We quote prime steer at 22s to 23s per lOOlbs, prime heifer 19s to 20s per lOOlbs, prime cow 15s to 16s per -OOlbs. Store bullocks, 4 to 5 years old, well bred and in good forward condition, are wanted, at £6 10s to £6. o-year-old bullocks £5 to £5 ss, 2,1-year-old steers £4 to £3 lCs ; 2-vear-old steers £2 15s to £2_lCs, 18-months-old steers and heifers oss to 50s, yearlings 20s, calves 10s, bulls £2 to £1 10s. Dairy cows and heifers were poorly represented. We quote best eows at profit at £6 to £5, medium sorts £4 to £3, best heifers (at profit) £5 to £4 ss, medium iorts of heifers £5 10s to £2 10s. Pigs.—2B penned. Prices were easier. Best weaners 21s 6d to 20s. medium-sized weaners 19s to 16s, small 15s 6d to 10s 6d. One Yorkshire sow in pig £5. Prime baeoiters from 1201bs to lOUlbs, are in fair demand ; heavyweights are neglected. PROPERTY" SALES. Mr Win. Jardine reports having sold the following properties at satisfactory figures:—On account of Mrs D. -.erron: Part section 1, block 43, corner of Reed and Eden streets, with 6-roomed stone house, etc.. to Mrs Horn. On account of the same vendor : Part section 1. block 80, Severn street, vacant, to Mr W. G. Seai-le. On account of Mr Jns. Emslie: Part section 13. block 4. 0.5.D., containin s about 5 acres, with 5-roomed house and orchard, to Mr G. Herron. On account of Mr W. F. Cooper, half-acre, South Oamaru. with 4-roomcd dwelling and outhouses, to Mr James Hill. On account of Mr John M'Donakl, section 19, block 86, Mersey street, with 6-roomed house thereon, to Mr C. T. Sherwin. Also, in conjunction with the New Zealand Loan and Mercantile Agency Company, Ltd., on account of Mr G. J. Miller : L.i.p section 12, block 2, Ardgowan Estate, containing 173 acres, to Mr John Henderson, and the stock at valuation.