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COMMERCIAL., Issue 7961, 17 July 1889
Tho amount of revenue collected at the Oustom-honae on goods cleared to-day for consumption was LBG3 3s sd. The Wellington Budding Society have declared a 9 per cent, dividend for the year. ggTLe following cablegram was received from Messrs Nelson Bros., Limited, I.ondt 'n, to-day: — “Mutton market dull; boat quality is wnth Oja. Beef : Hindquarters, 4gd ; forequarters, 31.” STOCK AND STATION RETORT. Mr Donald Stronach (on behalf of tho New Zealand Loan and Mercantile Agency Company, Limited) reports for tho week ended July 17 as follows: — Fat Cattle. —There was a much larger number to band for this day’s market, 285 head being yarded at Burnside, a large proportion of which were only about half fat and medium qw«.Uty, Tlao, demand far peima beat was fairly active, and realised prices about the same as last week, while inferior quality bad less attention ; several pens being bought by graziers. Best bullocks brought L 8 to LlO 7s fid ; medium, L 0 10 e to L 7 7s fid; inferior and light, L 3 17s fid to L 5 12s fid ; cows in proportion. We sold on account of Mr M'Breen (Tela Valley) and others, steers from L 4 J7h Cd to L 5 12s fid; cows from L 4 15s to L 5 7s fid. Fat Sheep.—2,293 were penned, of which 700 were raerinces, the balance cross-brecls, representing all qualities. There was a good attendance of the trade, but being well supplied from last week’s full market their requirements were ohieiiy confined to prime quality, which ruled about tho same as last week. Ordinary quality, especially ewes, were in leas demand, and suffered a decline. Best c.-css-brcd wethers brought 14a to Ifis ; ordinary, 9s fid to 13a 9d ; best cross-bred ewes, lls to 14r 9d ; ordinary, 7s 3d to 10s 3d ; merino wethers, 7s 31 to 13s; ono pen extra prime reached 13s. We sold on account of Mr James Johnston (Pukerau) mixed cross-breds from 13s 3d to Ifis; Messrs A. and J. Brown (Abbrtsford) and others, cross bred wethers to 12a. Fat Lambs.—There were only ten to hand, which sold at 10s 3d.
Pigs —174 were penned, nearly all porkers and baconers. very few of any other. These bad a very fair demand and slightly higher. Stores brought 17* fid to 22i; porkers, 27s to 355; baconoJs, 38i to 555; extra heavy, GO i to C 2--.
Store Cattle.—Small sales are occasionally effected, but as usual at this season of tho year the demand is weak and tho number changing hands limited, confined chiefly to the requirements ot those who have a supply of turnips and are in o position to fatten for tho market. Ptore Sheep.—Yeiy little business is now being done in this class of stock. The few lots offering are mostly aged sheep in low condition, only mitable for boiling down, and for this purpose small lots are from time to time disposed of. Wool.—We received yesterday the following telegram, dated 15th, from our London office ; “The sales closed firmly this day. Fine greasy cross-bred advanced Id per lb; fine washed do, Id; fine and coarse scoured. Id; fine greasy merino, id j combing, washed, Ad to Id; clothiug do, id; scoured, Id to lAd since o’ose of last sales; other descriptions unchanged. Tho sales c emprise about 315,000 bales; 9.000 hales have been held ever for future disposal, 145.000 bales were taken f r the Continent, and 10.000 bales for America” Sheep-kins.—Notwithstanding the fact that the weather is not altogether quite so suitable for fellmongering operations the usual brisk demand was experienced at nur weekly sale on Monday, when wo submitted a full catalogue, comprising a variety of sort-', the bulk being town and country butchers’ green skins. Nearly all the buyers in the trade were present, and competed with spirit for every let on the catalogue. All sorts were in good demand, and, considering quality and condition, prices realised were quite on a par with late talcs. Country dry crops-breds. lew to medium, brought Is 3J to 3s Sd ; do do, merino, Is 2d to 3s 6J; medium to full-woolled cross-breds, 3* 9J to 5» 10d : do do, merino, 3a 7d to 5s 3d ; dry pelts, 4d to lid : butchers’ green crossbreds, best, 53 Bd, 5i 01, 5a SJ, 5a 2d, 4a 9rt, 4s 7d. 4s M : good to medium and inferior. 4s, Rslld, 3s 9J, 3a 7d, 3s 51; green moriroj) 4r 3d, 4a, 3a 9(1, 3s (ioa 3d; lambskins, 4a, 3j 7d. 3n 4d. P.ahb’t?kins.—The demand continues brisk, all sorts being in good request, but more especially full-furred thin-pelted greys, and rea’ise prices quite in sympathy with those obtaining in the London market. There arc several orders in tho hands of huyers, but the paucity of supplies is retarding their completion. Meanwhile, however, purchasers are limited to price, in the absence of a substantial advance in price at Home, which can hardly bo looked for in the meantime, considering tho tone of the sales in London. Cur London circular of date 18th May reports as follows on the sale held there on the 10th : —“The small offering of 434 hales brought forward at the periodical auctions hardly attracted *o full an attendance of the trade as usual; but a fir demand prevailed, and 428 hales found buyers under the hammer. Good to prime season skins sold at about last auctions’ currency, but mixed sorts sold irregularly, and were g nomlly Id per lb cheaper, common and low t eason being fully Id per lb in buyer*’ favor. It is true that «t the following and last sale host ikies were reported Adhlgh-v; but, as we said a fortnight ago, when ful’er supplies are on tho market it seems doubtful if even the present rates can ho obtained. We offered a moderate catalogue this week, when a keen interest was central in the proceedings Competition was active and biddings spirited, every lot realising fu'l rates. We quote suckers and half-grown, to 4d ; summers, Bd to 8d ; black and fawn. 7J to 9d ; fair ordinary to good greys. lOd to 141 rd ; prime, 15d .to Kid per lb ” Hides.—'The market remains in much tho same pesifion as when we last repotted, there being no alteration to note in cither demand or values, which continue steady. We quote dry salted heavy weights, properly flayed and in gool condition otherwise, 2Jd to 2?d; extra ho'vy. 3d; medium. 9}d to 21d ; light, 2d to 2£d; inferior, Isd fo l!J.i per lb. Tallow.—There is no change to report, the business of tho past week being transacted on the basis of tho previous one. Quotations are unaltered, which we give as follows Prime rendered mutton, 19s fid to 21s; medium to good, Ifis to 19i; inferior and mixed, 12s Bd to 15b ; rough fat, prime caul, 13s to 14s; inferior to medium and good, 9s fid to 12s 9d per cwt,
Grain. —Wheat: ft >s very unsatisfactory to observe that the advance lately reported in the price of this cereal at Home )s not being maintained. Oar London telegram to hand this week reports the market weaker. This, together with the fact that tho Sydney market is more than sufficiently supplied, and for some time, will have a tendency to further depress the tone of this market. Local millers are still tho only operators. They have been purchasing a 1-tfclo more freely this week, but at prices showing no improvement on lato quotations. Tho moat of their purchases are confined to Northern samples ; Southern, except up to tho mark in respect to condition, is difficult to place at 3d to 4d per bushel below growers’ idea of value. Medium has no sale .except for feeding, and the demand is limited Prices asked preclude shippers speculating. We quote prime velvet and red straw at 3s 8d to 3s 9d ; Tuscan. Ss lOd to 4s: medium to good, 3s 4d to 3i fid: inferior and good whole fowls’ wheat, 2s to Ss Id (ex store).- Oats: A slightly better demand has been experienced during the past week, but the quantity disposed of is only on a very moderate scale, and at prices chant equal to those quoted last week. One line of extra prime bright milling oats realised 3s (free on board), equal to 2slod (g’ckn fid. ex store). We quote prime milling, stout and bright, 2s 9Jd to 2a lOd; best short bright feed, 2s 7d to 2s 8d ; medium, 2s fid to 2s 7d. Small lines for seed are occasionally placed at 3s to 3i 3d (ex store), sacks extra.—Barley: There is no improvement in the demand, the market still continuing exceedingly flat; quotations nominal. Prime malting. 8s 7d to 3s 9d : medium, 8s 3d to 3s sd; feed and milling, 2s 2d to 3s 2d (ex store). Grass Seeds.—Ryegrass seed has considerable inquiry, and as the season advances must result in increased business. We quote best machinedressed, 4a to 4s fid : undressed, 3s to 3s 91. Cocksfoot: Beat, 4d to 4Ad; inferior to medium, 2Jd to 3|d. Potatoes, —Tho market continues firm. Consignments from the North have considerably fallen off, and for those a slight advance on last week’s quotations can be obtained Southern are offering more freely, and late rates are maintained. Wo quote northern, 90s to 95a; southern, best, 80s to 85s; inferior, 80s to 65s per ton. Dairy Produce.—We have no improvement to record in favor of this market. Cheese and butter, especially the latter, seem to he in over supply at the moment, and to effect sales considerable reductions would have to be submitted to. In the present state ot the market quota-
thus are nominal, MINING NOTES. A rush on a small scale within the last day or two has set in in a gaily running through the farm known as Morrison’s, situated on the main road to Waitahuna, about five miles from Lawrence. A number of men have commenced work there, having been induced to do so on the strength of a report that Messrs Scott and party (four in number), who recently acquired the adjoining land, were earning good wages.
There are good grounds for the report, ns the party in question have been making from 12s to 15s per day per man ever since they entered into possession of Mr Paaskeson’s farm. The stripping does not exceed 2ffc 6in in depth, and the gold is found in the wash overlying the cement, which is similar in color to that found at tho Blue Npur and Waitahuna. It is generally believed that tho cement also carries good gold, but at the present time tho party are merely confining their operations to the alluvial. Messrs c'cott and party decline to part with Paasktson’s land for L2O an aero on account of its auriferous character, although they purchase d it within tho past fortnight for Li an acre. Less than twelve months ago the same ground failed to find a purchaser at auction at L 3 an acre.—* Tuapeka Times.’ | By Telegraph.] f ydnky, July 17.—Wheat: Chick feed. 3s to 3s 54 ; New Zealand milling, 3s 10d_ to 4s 3d ; Californian, 4a 4d to 4s fid ; Adelaide, 5s 2d. Flour: New Zealand stone made, Lit 15s to LlO ICs ; roller-made, from LlOlOs to Lll ss. Oats: Feed, 2s lOcl to 3s Id; setd. 3s Id to 3s 2d. Maize: Inferior soris, 2s 7d ; prime, 3s to 3s Id. Barley : Cape, 2s 8d to 3s. Bran, lid, with market dull. Pollard, also dull at lid to Is, Potatoes *. Cucul&Y Hes.ds, T. 5 10a to Lslf a: New Zealand, L 3 to L 5 sa. Onions : New Zealand, L 2 2; Victorian, L 22 to L 23. Butter: Local dairy-mad- 5 , 94 to 101; separator-made, lid; factory-made, Is; imparted butter —dairy-made, fid to 9J; separatormade, 10 3. Cheese; Market is dull; New Zta'and, 01 to 7^d; local-made, fid to 81. Bacon is dell; hand-cured, 7d to 8d; New Zealand, 7d to 91. Hams are steady at Is, Melbourne, July 17.—Wheat (quiet!: Off lots, 5s 4d; prime, 5 1 Bd, in demand. Flour: Stone-made, Lll to Lll 10s; roller brands, Ll2 to Ll3 Oats: Now Zealand, 4s 7d. Maiz', 4s Id. Farley; Cape, 3a lid. Bian, Is 31. Sugar (quiet): Kations, L 29 ; grey counters, L3O. Adelaide, July 17.—W1 et: Farmers’ lots, 4r 91 at Port Adelaide, 4 1 7a at outports ; shipping parcels, 4s lOd. Flour : Stene-made, LlO 15s to Lll; roller brands, LI I 15a to Ll2. Gals. 4a 41. Bran, lid to Hid. Pollard, la 2id.
COMMERCIAL., Issue 7961, 17 July 1889
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