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COMMERCIAL.

The amount of revenue collected at the Custom-house on «>odg cleared to-day for consumption was LI, 40616s 7d.

MINING NOTE.

The United Hercules Hydraulio Sluicing Company's reports from the works up to the 24th inst. are to hand,. Mr Butler reports that the branch race to carry the water from the Hercuhtt is now virtually completed. There remains about fifty boxes still to be put in position. The severe weather has hindered the prompt delivery of the necessary timber, but that difficulty ha» now been got got over. In a week or ten days all the boxes

will be finished, and the raoe completed from end to t nd. The branch race is io all respecta Tfpll and substantially constructed. Tbe portion of the race consisting of a ground ditch was for the most part cut in the sjlid rock. Should it ever be considered necessary to increase the water powir alt that will he required will be t.. carry the length of pips a little further up the hill. The- race uow completed is of a height, sufficient, to »ive a pre*..m.> of neaily I.ooft. Mr Burlier lepoits that by the end of tiie week he expects to have all the pipes laid and jointed up to the end of the race. The material for the sluice boxes and other plant is on the ground, and its erection will be at once proceeded with. STOCK AND STATION REPORT. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports for the week ended May 29, as follows :

Fat Cattle.—The number to hand for this day's market at Burnside was a more moderate one, 117 head only being yarded, representing all qualities. The trade was well represented, but owing to buyers being fully supplied from last week's full market competition laoked spirit, prices obtained showing no improvement on last week's. Best bullocks brought L 7 10s to L 8 15s, inferior to medium L 3 15s to L6l7s Cd ; cows in proportion. Fat Sheep.—2,736 were penned, of which about 400 were mctinoes, the balance crossbreds. Included In these there were two lines of merino and cross-bred wethers, exceptionally fine sheep, extraordinary heavy weights, and in prime condition, which realised prices far in advance of anything to hand at this market for a very long period. The crossbreds brought up to 21s 6d, and the merinoes 13s Gd, Ordinary quality had lets attention, prices being lowjr than last week's fully Is 6d per head. Best crossbred wethers (the lino referred to above) brought 16s Gd to 2ta 6d; good to prime, 12s to 13s 6d ; others, 8s Gd to lis 9.1; best crossbred ewes, 10s fid to lis i)d; others, 7» 0d to 10s 6d; merino wethers (special line), 12s Gd to 13s 3d ; ordinary, 4s 6d to 7s. We sold on account of Messrs Ross Bros. (Bushy Park), cross-bred ewes from lis 6d to 9s; Mr John Henderson (Buleyondale) crossbred ewes from lis to 9s 9d: Mr Thomas Wilson (Opora), cross-bred wethers, light, from lis 9d to 9.i 9J. Fat Lambs.—There were only 151 penned, good to prime. Competition was fairly active; prices obtained ranged from 7b Od to 12'. Pigs.—l3G were peaned, most'y suckers and half-fat, only a few porkers and baconers. Competition was fairly active for all descriptions. Suckers brought up to 9t, stores 16s to 265, porkers 28s to 345, baconerß 893 to 565. Store Cattle.—There is no change of any consequence to report with respect to either demand or value. The market continues quiet, and, excepting some slight inquiry for grown bullocks in forward condition, there is very little demand, and the sales effected limited. Store Sheep.—The demand is less aotive for all descriptions, except for young cross-bred wethers, which are still marketable tt about reoent quotations. Privately there are very few transactions p.wsig, the most of the business now done being by public auction, when all brought forward suitable for fattening are readily disposed of at full prices. Wool.—Both public and private advice* from Home indicate a firm market. At the Antwerp sales Australian wools brought Jd per lb advance on last London Bales., which augurs well for the success of the sales commencing there (London) next month. On Monday we offered all to hind, whuh met with a good demand, every lot realising satisfactory prices. Sheepskins.—There was an excellent attendance at our auction sale on Monday. Competition was very active for every l»t offered, and realised prices on a level with former ratec We are unable to record any advance in Values, but it may be noted that prices are more even than for some time past. Wo had a largo catalogue, Including some good lots of Btation Bkins, for which bidding was lively. Green cross-breds had the usual attention, a good number of which camo to hand, none of which, however, camo up to last week's quality. Country dry crosß-br.eds, low to modium, broaght Is 6d to 3s 9d; do do merino, Is 4d to 3s Gd; mcd'um to full-woolled cross-breds, 3s IQJ to 5j 9d ; do do merino, 3s 5d to 5s 6d ; dry pelts, 3d to id ; butchers' green cross-breds, best 4s Gd, Ai 4d, 43 Id 3s .OJ, 8b 6d, good to , medium and small 3s 4d. 3s 2d, 3<. 2a 9d, 2s 7d, 2s 3d; green merino skin o , 2s 91 to 3i Gd; ' lambskins, 3s 7d, 3s sd, ,1< 3d, 3s Id, 2s 9d. Rabbitskins.—The number coming to hand is slightly increasing, but, considering the demand, is evidently very short of requirements still. The market continues firm, and a good demand is experienced for all descriptions. Late-secured well-saved skins are in most request. Ihe auction sales are well attended, buyers compete with spirit, atd prices realised are relatively higher than those obtaining at Home On Monday, our regular sale day, we offered a moderate catalogue, when all the buyers in the trade were present and operated freely, every lot being sold at satisfactory rates. The following are marks and pricoi: Fin diamond, 2 ba'es early autumn greys, llfl: do, Bdo summer, Bd ; do, 4do do, C.ld; KO, Ido do. B.H ; do 1. bag do, 8d; do, 1 do do, G.? >|; do, 1 do sucker?, 2jd; DAG, 2do summers, 7d ; do 1 bundle do, 4Jd per lb. Hides.—ln sympathy with the continuod depression in both the Australian and Homo markets, although all coming forward are readily taken up by local manufacturers, the tone of the market is weaker, and prices now obtainol aro easior on the average. Pickel lots extra hoavy and good quality still realise late rates, while light and indifferently-flayed are lower. We quote heavy weights 2jfd to 3-fd. extra 3Jd, medium 2Jd to 24d, light 2d to 2JI, inferior and bulls' Id to Igi per lb. Tallow.—lt is satisfactory to notice the Home market assuming a firmer tone, and prices slightly hardening, which wo trust will in turn be to the advantage of. the local producer. There is now some inquiry for shipment, which will no doubt eventually lead to some business. Local demand continues fairly active at about equal to late rates. We quote primo rendered mutton 19.1 Gd to 21s, medium to good 17s to 19j, inferior and mixed 14s to 10s; rough fatbest mutton caul 12* Gd to 13s Gd, modium to good 10s to 12s per cwt. Grain,—Wheat: The market this week is I hardly so firm, lesß business is transacted, and at lower prices. There is some demand for export, but shippers are unable to operate, their limits being in the meantime too low to meet the demand of sellers, and, considering the weak tone of the Home market, the outlook for any immediate improvement in value locally seems j at present somewhat doubtful. Millers continue to operate with caution, preferring to buy only just sufficient for present requirements, having no confidence in the future o' the market, j Wo quote prime Tuscan, 4* Id to is 2d;. prime red Btraw and white velvet 8,4 lOd to 4«, medium | to good, 3s 6xl to 3s 9d, Inferior to medium 2s 6'd to 3s 4d (ex store).—Oats: Tbe market continues firm, and gradually hardening. Bright | thin-skinned, sorts have been in excellent demand frr milling. Medium and good feed are also in good request for export, and very few would have been now left in store if suitable . freights could have been secured. Shippers are J purchasing freely, beirg now satisfied that the quantity to 'hand, and yet to come forward, , will be a lone way Bhort off last soason'a yield, and not at all likely to be sufficient for trie requirements o£ the rest o£ the aeason. We quote prime milling 2s 9dto2slod; best, short feed 2a 7id to 2s B£J, medhm to good 2s 7d to 2s 7s, inferior 2s 51 to 2s 6Jd (ex store).—Barley: Tho demanel for shipment continues moderately active, but supplies being ample there is no improvement to note in values. There is only a very moderate business done with the local nialtttors. Feed and milling is not much'inquired for. We quote prime malting 3s 8d to 3s 9d, an extra good sample a shade more; medium, 2s 9d to 3s Gd (ex store). Grass Seed. —The market in the meantime is void of animation owing to the season, but when sowing time comes round a good demand is anticipated for all sorts. Quotations nominal. Potatoes.—Deliveries from the North are lighter. The market is now assuming a firmer tone, and sales more easily effected. We quote prime Northern 80s to 85s, Southern 75s to 77s 6d per ton. Dairy Produce.—We have no alteration to note in the position of the market. There is seme inquiry for export for both butter and cheese, and sales effected during the past week at late quotations.

[BY TELWJBArH.]

SfDNET! May 99.—The terrible weather has caused aotive business to be suspended, and it is difficult to obtain the aocurate positions of the various markets. Wheat is in very full supply. Samples of the Bothwell Castles cargo have been shown, and offered at a prioe 'which will not leave muoh possibility of profit. Wheat: Chick, 3s 6d; New Zealand milling, 4s 2s to 43 sd, nominal. Flour: New Zealand stone-made, LlO 5s to LlO 16s; roller-made, Lll to Lll 10s. Oats in large supply, and dull of sale: Good feed, 2s 8d: heavy feed, 3b Id to 3s 2d. Maize: Soft sorts from 2s 6d j prime dry sound, 3s to 3s Id. Barley: Cape, 3a to 3s Id. Bran, steady, at Is Id to Is 2d. Pollard. Is 2d, and firm. Peas: Blue Prussians, 4s 3d to 4b 4d. Potatoes: New Zealand or Tasmanian, L 4 Mfe; Circulars, L 4 15s. Onions, U7.; owing to the scarcity of New Zealand descriptions, holders are asking LlB to L? 0. Butte* is glutted, the bast New Zealand dairy-made fetching 8d to lOd; separator-made, Is to Is Id; off sorts are unsaleable. The cheese market is glutted i Local, 6d to 7d{ NewJZealand, 6d to 7Jd. Bacon i Of New Zealand there is none in the market; 9£d to 10d Is the] ruling prioe. Bams, Is.

Melbourne, May 29.—Wheat is quiet at 5s 7d to 5s Bd. Flour; Stone-made, Lll 15s; roller-made, Ll2 to LI3. Oats are firm at 4s. Maize t Inferior, 4s; goo.], 4e 3d. Barley is quiet: Cape f/x, wharf), 8a 9d; New Zealand, milting, 5s 10J. Brnn, Is °.d Pollard, Is 4d. Peas, 4? ltd f«> ss. Rje, 4* 4d. Sugar is active : QnepnahnJ grey a or low whites, L'Ti to VU\ 10j.

Altai JOE, )Uy '29. Wlurt! U dull: Fanner*'lots, 4i 10.1 ; suippjig paicclsiule up to r,.< 1.1. VltMv: Koilei-ma.de, Lll fu to Lll 10?. Oat*: New Zealand, 4s 3d to 4s 4d. Barley: Malting, 4s 3d to 4s 6d. Bran, llf'd to la. Pollard, Is Id to Is 2d. Sugars: China whites, L 2910 5; Mauritius whites, L2B 10s.

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Bibliographic details

COMMERCIAL., Evening Star, Issue 7919, 29 May 1889

Word Count
1,996

COMMERCIAL. Evening Star, Issue 7919, 29 May 1889

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