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COMMERCIAL., Issue 7955, 10 July 1889
The amount of revenue collected at the Custom-house on goods cleared to-day for consumption was Ll,lfi3 16s sd. The Bank of New Zealand have opened an agency at Rent' orn. STOCK AND STATION REPORT. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company. Limited) reports for the week ended July 10 as follows Fat Cattle.—l 79 head were yarded at Burnside for this week’s requirements, most of which were medium—only a few pens prime quality. There was a good attendance of the trade, and, owing to the small supply to hand last week, competition was fairly active, prices being fully maintained. Best bullocks brought 18 to L 9 ; one pen extra prime, LlO 5 1 ; medium, LG 15s to L 7 15s; inferior and light, L 4 12s Gd to L 5 17s fld; cows, from L 3 10s to LG 15a. Fat Sheep, ing of 330 merinoes and 2,803 cross-brods. With the exception cf a few pens good to prime wethers and ewes, the bulk was scarcely up to last week’s in quality. The sales opened rather dull, but improved somewhat as they proceeded, and fell off again towards the close, prices being lower than last week’s by Is to Is Gd per bead. There was no demand for export, the greater proportion going to the trade, the balance taken up by graziers. Best cross-bred wethers brought 13j Gd to 15s Gd; ordinary, lOstolSi; best cross-bred ewes, lls Gd to 12s < d; one or two pens extra prime, 14s to 15s Gd ; ordinary, 6s to 10s 6d ; merino wethers, 7s to lls. Wo sold on account of Messrs Ross Bros, (Rushy Park) and others crossbred wethers at quotations Fat lambs. —There were 40 penned, medium quality, which sold at 7s 6d, Figs.—36o were penned, comprising all sorts. Competition lacked spirit, and a heavy reduction had to be submitted to to effect sales. Ruckers brought 4» Gd to 8s; stores, 12s fid to 225; porkers, 26s to 325; baconcrs, 33s to 455; a few extra heavy sows from 61s to 795. Store Cattle.—Tlie market continues quiet, showing no improvement in the demand. There are buyers for fattening if forward conditioned (deers could he obtained at fair prices, but they are not inclined to give high values, and as holders are indifferent abont selling at the former’s ideas of value at the present time there is r.ot much business b ingdonc. Store Pbeop.—There are very few now of any sort offering. Cross-brcds almost of all ages could s'ill be placed, but it is difficult to obtain suitable lines, so that tfo budno s passing lately is of little Importance. Wool.—l atest cablegrams advising the proareas of the present series of wool sales in London report that fine cross-bred and merino wool are maintaining late rates, but that competition for coarse cross bred and medium merino i« somewhat irregular. _ On the whole wo consider the situation satisfactory, and, while the trade both on the Continent and at Home continues steady, prices are not so likely to recede. Locally, with the exception of the usnal oddments coming to hand from t’mo to time, there is nothing of any consequence passing. Sher pskins,—These have a steady demand, and meet with goed competition at the hand* of the trade. On Mordvv, for our regular weekly auction, we submitted a very full catalogue, the usual various descriptions being presented The attendance of buyers was large, and under the influence ot moderately fair weather, combined with the satisfactory progress of the wool sales at Home, biddings were spirited, all sorts realising prices fully in advance of last week’s values, quality considered. Country dry oross-breds, low to medium, brouvht Is 2d to 3s 9d; dodo merino Is Id to 3s 7d : moMnm to full-woolled crossbreds, 8s lid to fis 3d ; do do me ino 3s 8d to Bs 2d, dry pelts 3d to lOd ; butchers’ green crossbreds (not including skins for special purposes)—best, 5s 3d, 5s 2d, s’, 4a 9d, 4< 7'l. 4s 3d ; eood to medium and inferior, 4s’ 8s lOd, 3s Bd, 3s 6d, 3s 4d; green merinos, 4s, 3s lid. 3s 9d, 3s 6d, 3s 4d, 3s Id, 3s; lambskins. to 4s fid. Eabbltskins. A very satisfactory demand exists for these; and, although the offerings are still limi ed, consignments are assuming larger dimensions, and a considerable number are weekly offered at auction, which realise prices leaving very little to the shipper, considering present rates in the London market. All soits are saleable, though best winter greys have the preference, and, when in perfectly dry condition and systematically classed, buyers show no hesitation in b'ddmg up to their full value, while damp and slovenly got-up parcels seldom or ever realise full value. This week wo offered a melium catalogue, which elicitedkeen competitioi, every lot being disposed of, and realising prices showing an advance on late quotations. We quote suckers and half-grown 2Jd to 4d ; inferior and mixed, 3d to 5d ; summers, 5d to 7d; black and fawn. 7Jd to 9Jd; fair ordinary to good greys, 10J to 14^1; prime, 15d to Ifid per lb. Rides. —There is no new feature of consequence in this market since last reporting. A fair demand for 100 1 requirements continues to exist, but, in the absence of orders for export, shippers are not operating; and while prices both at Horae and elsewhere continue so low we can hardly look for any improvement here to speak of. We quote dry salted heavy weights in good condition. 2id to 23d ; medium, 2Jd to 2Jd: light, 2d to 2Jd; inferior, IJd tu Ijd per lb. . . Tallow.—Consignments arriving are rather short of requirements, and are readily taken up at late quotations. The demand for rough fat continues active, and good prices are realised for all lots coming to hand. We quote prim" rendered mutton, 19s Gd to 21s; medium to good, 16s to 19s; inferior and mixed, 12s 6d to 15s. Roush Pat: Clean, fresh mutton caul. 13s to 14s; inferior to medium and good, 9d fid to 12 < 9d per cwt. Grain.—Wheat; The tone of this market still continues weak, and the prospects at present fir the disposal of stocks on hand, which are not by any means heavy, are not encouraging. The operations of the past week are confined toafew sales of prime milling only; secondrate quality has little or no attention. We quote prime Northern red straw and velvet, 3s 8d to 3s 9d ; Tuscan, 3s lOd to 4s; medium to good, 3s 4d to 3s fid; inferior and good whole fowls’ wheat, 2s 3d to 3s Id (ex store) Oats: The market, as regards values, is much about the same as last week, but there are evidences of a keener desire on the part of shippers to operate, and some business is passing. A much larger business could be done if holders could be induced to meet bn? era; but with the small stocks on hand and the Australian markets showing a firmer tone, sellers are not inclined to push sales, We
quote bright, stout milling, 2s 9AI to 2. J 10d; best short, bright feed 2a 7Jd to 2a 9d, m-Amm 2a 6d to 2a 7d (ex store, bags extra).— Barley is in poor demand, and the primest samples only have any attention for malting. _ Small lots are disposed of occasionally for milling, but the quantity is liraittd. We quote piime malting 3s 7d to 3a 9d, medium to good 3a 3d to 3a od ; feed and milling, 2s 2d to 3a 2d (ex store). Grass Seed.—Both ryegrass and cocksfoot have considerable inquiry, the former especially, but buyers are not just yet inclined io give prices demanded, and it ia well known that the supply is limited ; holders are firm; quotations nominal. Potatoes, —A fair business is done in Northern at slightly higher prices, and, consignments being light, stocks on hands are being considerably reduced. Southern have less attention. We quote prime Northern, 85s to 87s Gd; do Southern 75s to 77s Od, infeiior 25s to 65a per ton. Fairy Pioduce.—The position ofthemaiket in respect to both cheese and butter is unaltered and continues flat, no business of any consequence passing ; but within the last day or two we observe a little more inquiry, which is likely to lead to business. Quotations meantime nominal. Property Sale.—We have the satisfaction to report the sale of sections 3, 4, and 5, block 3, Waikaka, containing COS acres unbroken, to Mr David Murray at L 3 5s per acre; also tho remaining section but one, containing 200 acres, of the Merino Downs fatale, to the same purchaser at a satisfactory price, FROZEN MEAT TRADE, Tho following cablegram has been received from Messrs Nehon Bros , Limited, London ; " Mutton market declining; best quality. sJ<l. Beef: Hindquarters, 4$ I; forequarters, 3J V IBr Telegraph.] Sydney, July 10.—Two wheat cargoes, comprising a total of 110,000 bushe-ls, arrived from California yesterday. Latest wheat quotations are: Chick feed, 3s 4d to 3s O‘J ; New Zealand milling, 4s to 4s 31; California, 4s Gd; Ade’aide, 5s 3d. Flour: New Zealand stone-made, LlO to HO 10s; roller-made, LlO 10s to Lll fn. Oats are quiet; milling sorts, 2s lOd to 3s 2d. Maize : Inferior sorts, 2s Gd; sound samples, 3s to 3s Id. Barley : Cape, 3s to 3s 4d. Bran, 11 id to Is. Pollard, Is to Is OJd. Chaff : New Zealand, L 6 to L 6 10s. Potatoes: New Zealand. Lsto L 5 ss, with market steady; Circular Heads, L 5 15s to LG. Onions : Victorian, L 22 per ton ; New Zealand shipments are being landed in bad condition. Butter: Imported dairy-made, Gd to 9d; separator-made, lOd to Is; local sorts dairy-made, lid to Is ; factory-made. Is Id to Is 2d Cheese : New Zealand-made, Gd to?id. Bacon: Hand-cured, 7dtoßd; New Zealandcured, 9id. Hams, Is. Melbourne, July 10. —Wheat is quoted at 5s 7d to 6s Bd. Flour: Stone-made, Lll 10s; roller-made, Ll3. Oats: Victorian, 4s lid; Ntw Zealand milling, 4s 4d, Maize. 4s 3d, Barley: Cape, 4». Bran, Is 3d._ Peas, ss, Sugar: Greys, L 33 6s; medium whites, L 34. Adelaide, July 10.—Wheat: Farmers’ lots, 4j 9d; shipping parcels, 4s lOd ; for parcels at Port Adelaide the market is dull and lifeless. Flour: Stone-made, LlO 15s to Lll; rollermade, Lll 15s to Ll2. Oats: New Zealand, 4s 3d ta 4s 4d. Barley; Malting, 4s 3d to ss. Bran, 11 Jd to 11 ijd. Pollard, Is 2id to la 31. Sugar: Rations, L 23 7s 6J; yellows, L 29 10a; best whites, L3510a.
COMMERCIAL., Issue 7955, 10 July 1889
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