THE HIGH COMMISSIONER'S CABLEGRAM,

Otago Witness, Issue 2895, 8 September 1909, Page 22

THE HIGH COMMISSIONER'S CABLEGRAM,

WELLINGTON, September 6. The High Conxrr-issioner cabled from , London as follows: — Mutton— -There has been a ' better tone in the mutton market this week, and prices . have advanced slightly for all grades. It is generally believed, however, that prices will pot advance materially until a reduction is made of the stocks of lamb. Quotations: Canterbury, 2Jd; North Island, 2§d. Lamb. — No alteration has taken place in the lamb market 'since last week. There is a better demand for heavy-weights, and no chancre in prices Canterbury, 3id; North j Island, 2Jd: I Beef. — Market quiet. A good supply on j hand. New Zealand" hinds, 3£d ; fores,. 2|. ' Butter.-^-Tbe market remains firm, and food quality is in better demand. The onio's shipment hat> been put in store. The average price for the week for choicest New Zealand is 114s (nominal) ; Danish, 1173? Siberian, 103s A Cheese. — The market is slightly weaker. ' with less demand New Zealand, 58a 6d; > Canadian, 575. - New Zealand Hemp. — Market quiet, but ! firm at about quotations ' already given, i New Zealand good, fair grade, on spot, £25 I 15s i New Zealand fair grade, £24 15s; Sep- j tember-Decsmber shipments— New Zealand j good to fair £25 10s, "New Zealand fair grade £24 10s. The Manila hemp market has been affected by increasing arrivals, j Pair current Manila, on spot, £24; Septem-ber-December shipments, £23 10s. > Tho , Manila output is 32.000 bales. Cocksfoot Seed. — There is a better demand "at the last rate quoted — viz., New Zealand, 665. The market is advancing gradually. Kauri Gum. — Market closed firmer, with j more inquiry. Ordinary to Tair three- ' quarter-scraped, 1655; fair to half-scraped, 100s; brown fair half to three-quarter-soraped, 85s; pickings, common to good, 455; bush, fair to good, pale and amber, j scraped, 1455. The stock on August 31 was ' 328 tons -v. OAMARU MARKETS. QTuom Oob Ovm Coerespokdekt.) OAMARU, September 6. The grain market remains in the same sleepy afid unsatisfactory state as indicated in our last report. Indeed, during the week it has been almost lifeless. One or two small sales have been made, but indications are that lower prices will have to be accepted, and millers are holding off the market with this idea. There is, it may be mentioned, very little wheat now It ft in the district to be dealt with, and only occasional small lines are being offered. A sale of 420 sacks of solid straw Tuscan has been ir-ade at -a slight reduction on foimer ra*;-»?. and in South Canterbury hoH?rs are now offering more freely, and • app3ar to be anxious to make sales. The general quotation is for best quality 4s 3d to 4s <*d, with very little passing. The oat market is very much easier, with little business doing except for ;>n occasional line. Values may be considered qultd Id lower than when last re port id on' ' Potatoes.— The market is easy, with only Derventß being inquired for, and these only at reduced rates. The fblloaring are ruling prices net at sidings:— Wheat: Good milling velvet ; and Tuscan 4s 3s to 4s 4d, second milling "4s Id to 4s 2d. milling seconds 3s 5d to 3s 6d, whole fowl wheat 3s 6d to 3s Yd. Oats: A grade Gartons Is 5d to Is 6d. B grade Is 3d to Is 4 id, duns Is 5d to Is 6d. Danish Is 3d to Is 4d. Barley: Nominal. Is 9d to 2s. Potatoes: Derwents, freshly picked, 60s, table Up-to-Dates, freshly picked. £2 12s 6d to £2 15s. GRAIN AND PRODUCE SALES. j Messrs Donald Reid and Co. report :— We held our weekly auction sal? of grain and produce at our stores on Monday. Thpre was fair competition by local buyers for nearly all lots catalogued, prices generally ruling about on a par with those of lastweek. Values ruled as under: — Oats. — Good + o prime Gartons and sparrowbills have more attention from shippers. and in consequence iate quotations are %ve)l maintained. Medium and inferior sorts are without much demand. Quotations: Is 7^l to Is 8d; good to best feed, Is 6^d to Is 7d; inferior to medium, Is 4d to Is 6d per bushel (sacks extra). Wheat.-r-Shippers have ceased to operate, and as millers' immediate requirements are in most cases supplied sales are nor readily effected, and can only be made at, a reduction on late values. Good whole fowl wheat is in request, but smutted and inferior finds no favour, and is difficult to quit. Quotations: Prime milling, 4s 5d to -4s 6d;' medium to good. 4s Id to 4s 4d ; fcest whole fowl wheat. 3s lOd to 3s lid; medium, 3s 4d. to 3s Sd; broken and damaged, 2s 6d to 3» 3d per bushel (sacks extra)Potatoes.— For prime, freshly-picked Up-to-Dates there is ready sale at late value:?. w&A iie quality must be undeniable. Stale

and doubtful lota are not considered by ( shippers, and are difficult to deal with locally Seed lines are not strongly inquked for, and small sorts are in over-supply. Quotations: Best "Dp-to-Dates, £3 10s to £5 15s; fair to good, £3 to £3 7s 6d; medium and stale* £2 *° £2 } 5s ' inferior, £1 to £1 15s per ton (sacks included). ', Chaff. — Prime "oaten sheaf ie in most demand, and sells readily at £2 12s 6d to £2 17s 6d ; choice heavy, to £3 ; medium j to good, "with less inquiry, £2 to £2 10s. j Inferior and discoloured has slow sale at £1 10s to £1 17s 6d per ton tbags extra). Messrs Dalgety and Co. report as follows: — We held our weekly auction sale of grain and produce at our stores on Mon- J day, when -we offered a large catalogue to a full attendance of buyers. We cleared our catalogue under good competition at auction and privately at prices a 6 under : — , Oats. — The market remains in practically j the same position. Shippers are not operating to any extent, and are holding off r.s far as possible till the trend of the market i ia seen. Through the inaction of the ,' shippers offerings are slightly heavier, and consequently are harder to place. Quotations: Prime milling Gartons, Is 7|d to Is Bid: prime milling sparrowbills, Is 7d to Is 8d ; good to best feed, Is 6d to Is 7d ; inferior to medium, Is 4d to Is 5d per ] bushel (sacks extra). ! Wheat.— The market remains practically in the same position, and as very little business hae been done during the last week, quotations are nominal. Quotations: Prime milling, 4* 4d to 4s 6d ; medium- to good, ,4« 2d to 4s 3d; best whole fowl wheat, 3s lOd to 3s lid ; inferior anH smutted, 2s 6d , to 3s 4d per bushel (sacks extra). - ! Potatoes. — Sound, freshly-picked Up-to- ' Dates meet iwith a ready sale at market rates, but any that have been stored for , any length of time and are sprouted are hard to quit. Inferior -«nd medium are very hard to place at a considerable reduction on late quotations. Extra prime, £3 10s to £3 12s 6d ; choice, to £3 15s ; medium, to good, £2 10s to £3. Chaff. — Heavy, bright, well-cut oaten sheaf continues to meet with good inquiry, but the market being heavily supplied with medium an-d inferior chaff, prices for those qualities are barely maintained. Quotations: Best oaten sheaf, £2 12s 6d to £2 17« 6d; medium to good, £2 5s to £2 10s; inferior and discoloured, 35s to 40s. Straw. — Quotations: Oaten. 25s to 27s 6d per ton ; wheaten, 255, pressed, ex truck. HIDE SALES. MELBOURNE, September 1. At the hide sales to-day there was good . competition,- and the market was firm for all classes. Messrs Dalgety and Co. report as follows: — We held our usual fortnightly auc- ! tion sale of hides at our store 3on Thursday, when we offered a good catalogue to j i a full attendance of buyers. Under keen competition our catalogue was cleaved at prices about on a par with late quotations. One of the bast, lots in our catalogue consisted of' 27 ox hides averaging 711b, which brought the satisfactory price of 7|d per lb. This lot was part of a consignment of 46 ox hides, and the remainder of the lino [ sold as follows: — 12 ox at 6|d, 7 ox at I .74d, thus making a splendid average for the line. Quotations : Ox — Extra stout heavy, 7d to 7gd: stout heavy, 6id to 6?d; ! heavy, 5Jd to 6j|d; medium, 52d to 6£d: light. 5d to sjd. Cow— Stout heavy, 6d j to 6id; medium, sgd to 6£d; light, 4'id to I sfd. Damaged and inferior oy and cow, 3*d to 4*d. Yearline. s?d to 6|d. Calf- j i skins, 7d to 83d. Horse hides, 9s 6d to 10s 6d. Messrs Wfight, Stephenson, and Co. report as follows : — We held our fortnightly sale in our stores on Thursday, when we offered a fairly large catalogue of hides to a representative gathering of the trade. Competition was spirited throughout our entire auction, and every lot was cleared under the hammer at very satisfactory prices. Heavy ox were in special request, and showed a considerable advance on last sale's rates. Calfskins were also in demand, and we sold several lots at from 8d to Bjd per lb\ We give a few of our individual sales as under: — Ox — One 801b, at 7£d: seven 681b, 7ld; four 751b. 7d ; one 681b, 7d; nine 641b, 6jjd; one 731b, j 6gd; three 771b, 6gd; Iwo 681b, 6gd; two I 521b, 6id; two 641b, 6td; four 611b, 6Jd; two 791b. 6£d; two 581b. 6d : three 531b, 6d; one 541b, 6d; one 601b, 6d ; four 561b, 6d; one 531b. 6d; one 641b, 6d; five 671b, 6d. Cow— One 521b. 6d : two 641b, 6d; six 541b. 6d; four 551b, 6d. We also give a few of our gross averages : — Ox — One at i 47s 6d, four 41s sd, three 38s 9d, two 38s 4d. one 3S* Id, seven 38s, one 37s 4d. To give an idea of the pi ices ruling in this market at the present time we quote>: Ox : Extra stout heavy, in prime condition. 7d to 8d ; heavy ox. 6d to 63d ; medium, sid to 6J!d ; * light, sid to 6d. Cow — Heavy. sid to 6d; medium. sjd to 6d; light, 5Jd to 6d. Yearling, 5d to 6£d per lb. Calfskins, 4>k! to Ssd per lb (ac- ' cording to ■'ve.ights and condition). Horse hides. 5s to 12s 6d each. All slippy, thin, and damatred hides at lower rates. The National Mortgage and Agency Company of New Zealand reports as follows: — We held our forlmp-htly sale of hides at our stores on Thursday, when we submitted a good average catalogue to a full attendance of buyers. Bidding was keen for all classes, and a satisfactory salp resulted For calfskins especially the i bid'line was keen, and for {rood, medium skins B§d ncr lb was obtained Quotations • Ox — Prime stout heavy, 6id to 7id ; srood, 6d to 6?d ; medium, s>>d to 6id : lig-ht. bid to 6d : stagey and inferior, 2£d ' to 4Jd. Cow— Beat heavy. 52d to 6id ; medium, spd to 6d : litrht. !kl to sfd. Yearlinsr, d "?d to 6d. CMt^kms, 3J,d to B|d. Tip«. to Is 8d ncr dozen. | Messrs Donald Reid ard Co. report as follow?: — We held our tuual fortnightly sale of hide' at our sro.es on Thursday ' A full atte'i-r'n.nce of bu\ers was present, and oi; v catalogue, a fairly lartro on", met with strong- comijeiiiion. Th? buik of the hide.-? cffei ing v-sr-» m'dium wpicrhrß, cow and ox. The d^mavd for row }i!ds>3 (averaginc: 40 to 5-lb) was particula:-lv ke-en. Heavy veiglit? were not in such t?ocd reqrrjt. althcuerli last sale rates wre ipaintain-sd. Light hiri~s in sood condition, yearlings, and calfskins are all meeting: with jreed inquir\, and we report a very firm market fcr th-»-s» cla-^r?. In comparison vith o\"" lc-i sale, values i-uled as follow*: Caif^k.ns and yearlma;A<l to id, light and medium weight cow per lb finr.pr ; light and medium woight ox, at par; li?a\y c^w an ox, at par. We quote : Ox, .'.tout heavy 6?d to 7£d per lb, rocd / beaw 6d to 6?d, medium s^d to 6id, light sid to 6d, inferior 3id

to 4id; cow, best heavy sj>d to 6£d, ' medium s£d to 6d, light 5d to s£d, inferior 2£d to 4£d; yearling, 4Jd to sjd; calfskins, best 7id to B|d, medium 5d to 7d; horse hides, to 9s each. i The New Zealand Loan and Mercantile Agency Co. rcfijorts as follows: — "We held our usual fortsightly sales of hides, calfskins, etc., at our stores on Thursday. Our catalogue was made up principally of country consignments, and we have pleasure in reporting a brisk sale to a large attendance of buyers. Calfskins were very keenly competed for, and we sold several lots at Bid and Bgd per lb. Quotations: Ox, exsra stout heavy 7d to 7Jd, stout heavy 6|d to 6Jd, heavy 6d to 6id, medium s£d to 6id, light 5d to 5Jd cow, stout heavy 6d to 6id, medium s£d to 6d, light 5d to s|d; damaged and bad conditioned hides from 2£d to 4£d; calfskins, best 7d to B|d, medium 6d to 6gd, inferior 2£d to sd. i Messrs Stronach, Morris, and Co. report , as follows:— We held our fortnightly sale; of hides at our stores on Friday, when we submitted a catalogue totalling 180. There . was an average attendance of buyers present, and competition all round was very much keener than experienced at the ; last sale. In consequence, prices all Tound advanced at least id per lb, in some cases up to 4dv Included in our catalogue were a few lots of good stout heavy hides, and these sold at up to 7id, equalling in money : value £2 10s 4d per hide. We also sold others at 7fd, 7d, and 6Jd. In cow hides we obtained the very satisfactory price of 6£d and 6Jd for heavy, weights, And boW one lights 341b, at 6id. In money value the' +op price for cow hick 6 was £1 I9s '4d; Calfskins were again very keenly coiriDeted for, best selling at B£d and Bgd. The following are actual prices paid at our ' sale : Ox, prime stout heavy 7d to 7£d, good heavy 6±d to 6Jcl, medium weight sjd to &id, light weight sid to si?d, inferior 4id to sd ; cow, rest hea\ y 6^d to 6gd, medium weight 53d to 6id, lig<ht weight" ssd- to 6id, inferior 3sd to 4|d; yearling, 4|d to s|d; calfskins, lgd , to B£d. / I Messrs Waters. Ritchie, and Co. report as follows : — We held our usual fortnightly sale of hidee at our stores, Crawford street, on Friday afternoon, when we submitted a catalogue of 712 hides and 259 yearlings and calfskins. There was a good attendance of buyers 'present and competition was particularly keen for all descriptions, with the result that prices fully recovered j the drop in values experienced at the ' last sales. We topped the market with 7£d per lb, which price we secured for | three different lots. The following were , some of our best prices; 'Three. 7|d; one, j 7|d ; one, 7£d ; four. 7|d ; one, 7id; four, I 7±d; one, 7d; 11, 6&d; 2«, 6id; 41, 6|d: | 15, 6£d ; 36, 6gd ; 79. 6i-d ; 79, 6£d ; aixl 145 at 6d per lb. In money value our j best return for ox was £2 i2s 9<2 ; and i for cow £2 2s 6d ; while the following i brought 30e and over: One, £2 123 9d : | one, £2 9s Id ; two, £2 6s 6d : one, £2 ' 63 3d; five, £2 2s 9d; one, £2 2s 6d ; ! four, £2 0a 7d ; one, £2 0s 4d ; 12, £2 ! Os 3d; one, £2 0s Id; three. £1 18s 3d; 15, £1 17s 6d ; seven. £1 16s 7d ; four, £1 16s 2d; five, £1 15s 6d; four, £1 15s; I 16, £1 14s 9d; two, £1 14e sd; two, I £1 14s ; eight, £1 13s 9d ; one. £1 13s ' 6d ; 15, £1 13s 3d ; 15. £1 12s 9d ; eight, £1 12s 2d ; 24, £1 11s 4d • 20, £1 10s l&d ; 14. £1 10s ' 3d ; apd five at £1 10s each. We quote : Ox— extra stout, heavy, 7d to ' 7Jd;. stout, heavy, 64d to bid; heavy, 6d ; to 6?d ; medium, s|d to 6*d ; light, 5d , to 52d. Cow— Stout, heavy, 6£d to 6|d;i medium s£d to 6id; light. 5d to s|d; j damaged and bad-conditioned ox and cow, ' from 2d to sid ; bull and stag, from 3Jd i [to 4Jd ; calfskins, 7jd to B,jd for beet, | i and from 6d to 7id for medium; while" damaged and inferior sold at from 2£d to sjd per lb. CLEARING SALE. The Otago Farmers' Co-operative Association of New Zealand reports : — We held » successful clearing sale on behalf of Mrs MDaughan at the Cliffs Farm, St. Clair, on Tuesday. There was a good attendance j of buyers from all parts, and the whole of the dairy .herd brought/ good (prices. ■ The horses also sold well, and the imple- | mente, etc., brought full market rates. OTAGO FARMERS' HORSE BAZAAR. The Otago Farmere' Co-operatiye AssoI eiation of New Zealand reports— We held ! our usual weekly horse sale at our Bazaar [on Saturday. There was a, good attendance of town and country buyers, to whom we submitted 38 draught and light-harness ! horses. The sale opened rather easier than j last week, but the market quickly recovered, and towards the end of the auction some good sale.s were ma<:!e. The best horses in the draught class Cam? from Mr P. dent, of Balclufha, and the whole of hi's consignment, both fillies and geld ings, changed hands at satisfactory prices. The balance of our country horses sold well. One particularly nice mare was pa c «ed in at £51. Spring-carters were rather dull of sale, but this was because, owners' reserves were high. Hackneys an<l hartji?ss '-cobs, however, sold exceptionally well, as also did several good poYiies. We quote : Good Clydesdale mares, suitable for stud purposes an<l general fatrm work, £40 to £67; good useful clrauafhf mares and <r«»ldinps, younpr and ?ound. from £35 to £<54; ordinary farm draughts, £28 to £35: lip-hter and older. £20 to £28; heavy lorry geldings, from £40 to £55; spring-carters, fiuitable for town and hill work, £20 to £30 ; unstandiner bupgy mares and geldings, from £16 to £25; hackneys, from £10 to £15; lighter sorts, from £6 to £10. DUNEDIX HORSE SALEYARDR. Messrs Wright, Stephenson, an-d Co. report as follows: — At our weekly sale "on Sa-turdav wo Tiad a small entry. The ! duality of tho concernment advertised from I the south was hai-dly up to expaetations, I , but a pair of five-year-old farm horses s^nt forward by Mr Charles Grant, ot Tol-orahi, were really {rood, and realised £85 for tho pair. * There were serial buyers in tb? ,\ ard for horf^s of a similar stamp, and at tho raomen. ihis market can absorb any number of =uch at very satisfactory ]">rice c - The Tii/rh^^t price in the liEfht-horVe section was £27 10=. which was roalise-d for an rm-'tan'linp five-year-old harness »ol<lir>Gr Ther? is a growing ten-d-Miev for country clients to hold their consignments for «psc ; a! 'alo». but in the j'rt-«pnt buoyant slat* of the hor*e market equally satNfactoi v prico= ar- 1 realised at the w»eklv auctions. Wo quol.' : Sun^rior vounjr draught ceKlinsr?, at fioin £40 to £15; extra prood ditto (prize-winners), at from £45 to £50 ; superior young draught maree, at from £50 to £60; medium draught marP3 and peldines, at from £30 to £40; aged, at from £10 to £15; strong spring-

van houses, at from £25 to £30; strong spring-carters, at from £18 to £25; milkcart and butchers' order-cart horses, at from £15 to £25; light hacks, at from £8 to £13j extra good hacks and harness horses, at from £13 to £25; weedy and aged, at from £5 to £7. PROPERTY SALES. Messrs Sievwrigfot, Haggitt, and Co. report the following sales (exclusive of town proper+'jes) : — Mr Gr-eer's farm at Romaihapa, comprising 110 acr«s, to Mr Hammond, of Oamaxxt ; Mr Quinn's farm, of 100 acres, at Dunback, to Mr M'Fadyen, of Middlemarch ; Mrs Stewart's farm, of 173 acres, at Evansdale, to Mr Wilkie, of ■ Mosgiel ; Mrs Bunce's farm, of 100 acres, ' at WiJtati, to Messrs M'Pfoerson and party; Mr Veitcb's freehold, of 30 acres, near Silverstreanr, to Mx Gibson ; Mr Kent's freehold (house and section), at Milton, to Mrs M'Lsan; leaseholds — Mr Dick's faa-m, of 270 acres, at Wickcliffe Bay, to Mr Thomas i.ynn ; Mr Hay's farm, of 140 acres, near Port Chalmers, to Mr Fidler; Mr M 'Curdy 's property (house and seven acres), on Otago Peninsula, to Mr Smart; Mr O'Connell's farm, of 68 acres, at Seachif, to Mr Robb; Messrs Olivers Bros.' store* at Otipua, Timaru, to Mr Grimmett. Messrs Park, Reynolds (Ltd.), report the sale privately of the late Mr J. H. Mor--rison's property, Royal terrace, being section 44, block 19, quarter-acre, together with brick residence 'of 11 rooms, to Mr D. Philhps t also part of , sections 37 and 38, block 22, Leith street, and containing quarter-acre, together with house of six rooms and modern conveniences, to Mrs Ellen Smith, both at satisfactory prices They further state thafc«they have had a very strong demand for the smaller tow.i and suburban properties, and have sold more than is usual at this time of the year ' ■.