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COMMERCIAL., Issue 7985, 14 August 1889
The amount of revenue collected at the Custom-house on goods cleared to-d.iv fw consumption wan 1.475 153 8d; primage, L 7 5s 3d; —total, L 4830) lid. The Government Life Insurance Department has appoiuted Mr Murray Aston (htely ron : nected with the Mutual Lifo Association) a special agent, with lecturing duties. STOCK AND STATION REPORT. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports for the week ended August 14 as follows:
Fat Cattle.—l 93 head came to hand to-day for the Burnside market, representing all qualities. This number, although not extra largo, proved somewhat in excess of requirements. Competition In consequence was only moderately active, and prices, compared with last week's, were from lOi to 15s per head lower. Best bullocks brought L 7 15s to L 8 10s; one pen to L 9 2s 6d; medium, L 6 to L 7 ss; inferior and light, L 3 12s Cd to L 5 10j ; cows from L 3 2s 6d to L 7 2s 6d. We sold on account of Mr James M'Lean (All Day Bay) and other vendors six pen* cows at quotations. Fat Sheep.—2,(s4B were penned, cf whioh aVout 800 wore merinoos, the balance cross-breds. The greater portion of the latter were good to prime wethers. There were alsi some very prime ewe?. Owing to a slightly better drmacd for export good wethers were moro keenly competed for. Both thepe and best quality ewes realised prices from Is to Is 6d per head advance on latt week's ratcß, while indifferent quality had less attention and fetched no more, if quite as much, as those of equal quality last week. Best cross-bred wethers brought 14s to 16s; ordinary, 9atol3s6d; best cross-bred ewes, 12a 6d to 15s 3d; ordinary, 7s 6d to lis; merino wethers, 4s 3d to 93. Wo sold, on account of Mr B. S. Murray (Puerua) and others, mixed cioss-bredsat 13s to 14s 6d. Pigs.—2ll were penned, comprising all sorts. A fa'r demand was experienced for all forward, although porkers and baconers brought slightly lower prices, Suokers brought 9s to 12s 6d ; stores, 18s to 23*; porkers, 30s to 3*iß; baconers, 40s to 575, extra heavy to 635. We sold 4 at 575. 3 at 445, 3 at 41s, ard 3 at 32s 6d. Store Cattle —At this particular season of tho year the market is Invariably void of animation. Jußt now there are not many offering, besides the demand is comparatively inactive. Most buyers are in the meantime supplied. Odd lotß are occasionally offered at the Burnside saleyards, and are at all times fairly well
competed for, realising prices in sympathy with those obtaining for fat. Store Sheep.—There are no transactions of any importance passing, neither are any suitable lotii offering, but in any case there isjittle or no demand ; so that business in this line is virtually at a standstill. Wool.—'there are no further advices from London with respect to this ttai'le. So far the prospects are considered favorab'e. Trade both at Home and on the Continent is healthy, tho raw material going rapidly into consumption, combined with tho fact that tho quantity of wool likely to be presented at tho wool sales opening in London on the 17th of next month will bo rather under than over trade requirements. On Tuesday we offered a few lotß, both greasy and scoured fleece, which realised satisfactory prices. Sheepskins.—There was tho usual attendance at Tuetdiy'a auctions, when wo submitted a full catalogue of both dry and green skin?. Good competition was experienced, and all the lots on tire catalogue were dispesod of at full rates. Fiue half and cross-bred skins, either dry or green, had an excellent demand, while coarse-woolled Bkins, although fetching satisfactory rates, are not so keenly competed for. Fine combing merino skins are in good demand, late values being more than maintained. Country dry crosa-breds, inferior to medium, brought Is 31 to 3j 8d ; do do merino, Is 2d to 3s 6d ; medium to full-ivoolled cross-breds, 3s 9d to 8s; do do meiino, 3.1 7d to 5i lid ; dry pi Its, 2Jd to Is Id ; butchers' green cross-breds, best, Gs 11.1. 5d «JJ, 5i 7d, 5a sd, 5i 2J, s<, 4s lOd, 4s Bd, 4s 7d ; good to medium and inferior, 4* Cd, 4s 4d, 4a 2d, lid, 83 7d, 3-j 3J, 2s lOd; green merincei, 4s, 3sJIOJ, 3s 7d, 3i SJ, I 3i 2d.
Rabbrtskins —Supplies aro now assuming larger dimension!?, but the quality nor get up so far come up to previous season's standards. In a great many instances proper attention is not paid to the classing, all sorts mixed up together making it almost impossible fa- buyers to arrive at their real value, and tho conse quence is that the vendor will be likely to ruffer. A good demand, however, continues to exist, and large numbers aro weekly offered at auction. All sorts are saleable, but best quality always have the most attention, and whoa carefully classed are keenly competed for. On Tuesday we submitted a good catalogue, which elicited spirited bidding. All the buyers in the trade weic in attendance and cleared off every lot on tho catdogueat prices comparing favorably \sith those obtaining at previous auctions. We still quote suckers and half-grown, to 4d ; hummers, 5d to Sd : black and f r.wn, 7d to Del; fair ordinary to gO( d greys, 10J to 14Jd ; thin pelted bett furred, lod to 16.1 per lb.
HidcH.—There is no alteration to not 9 in the position of the market. Shippers are still unable to do any business, even at present low levels. Local manufacturers' requirements continue to absorb all coming to hand, and provided h'.des are properly flayed and carefully looked after galea are easily effected. Heavy weights, as usual, have the p.eferonce. We quote, dry salted heavy weights, in prime couuition, 2Jd to 2}d to 2-id ; light, 2d to 2J ; inferior, l£d to If d per lb. Tallow.—The regular demand for local consumption continues unabated, but there is veiy litt.'e dung in shipping lines. The London market continues bteady, but although stocks hi re aro not heavy prices are not likely to improve while those at Home continue at their pretent leve l . We buyers for e\ery description at prices according to quality, which aro as f Hows:—For primo rendered mutton, 19« to 203; medium to good, 163 to 18s ; inferior and mixed, 12s (id to 15s. Rov.gh tat has an excellent demand at, for clean fresh c\ul, 13s Gd to 14s; inferior to medium quality, 9i Gd to 13s per ewt. Grain. —Wheat: Tho market shows no tigns of improvement, while a slight demand exists for prin.e, hard milling sorts for local consumption, and even for this rurpoFO the quantity put through is extremely limited. Milleisare not inclined to opcrato to any extent, being stiil under tho imprcstion that prices are mere likely to farther recede thin otherwise. In tho absence of a demand for shipment, it will 1-e scarcely possible to maintain present rates. There is more offering lately from the North, and while the tride can purchase northern growth at suitable prices southern has but scant attention. We quote prime milling, red straw and velvet, 3s Cd to 3a 8d; Tuscan, 3d 9d to 3s lOd; medium to good, 3s 31 to 3s 5J (nominal) ; inferior and fowls' wkeat, 2h to 3a (ex store) —Oats: 'lhe market still continues inactive. Best milling sorts are in fair dercard, and being diopessd of in moderate quantities for local use, but at lower prices, Vceel sorts aro only rateable at considerably under late quotations, and then only in small parcels This lull in the tone of the market is considered only temporary, Shipments to the Australian ports for s'ime time have been extremely light, and, with decreasing Btocks, it is only a matter of timo when a reaction mutt set in f»voiable to holders here. Meantime we quote be t bright milling, 2s gd to 2t 9.1; best short bright feed, 2s 6:1 to 2s 7d ; medium, 2s Fd to 2a 6d (ex store, sacks extra).— Barley : The market remains dull, without any apparent prospect of improvement in the near future. Maltsters being pretty well supplied, only extra prime samples have any attention. Feed and milling are slow of sale. Wo quote prime malting (nominal) 3* 7d to 3a 9d : medium, 3s 3d to 3s 5d ; fcol and milling, 2j to "3 2d (ex store). Ryegrass Seed has a good inquiry, and a fair business is doing, Stocks aro lijht, and an early clearance is expected. We quote piovincialgrown, machine-dressed, 4s to 4s 6d; undressed, 3i to 3d 9J ; Poverty Bay, 53 Gd to 7s (ex store). Cocksfoot is in moderate supply, an'', with seasonable weather, an increased demand is expected. We quote: Best. 4d to 4sd ; inferior to medium, 2Jd to per lb. Potatoes.—This market U fully supplied, and with only a moderate demand prices aro slightly easier. We quote prime northern, free from frost, 90s to 95*; southern, best, 77s 6d to 85); inferior to medium, 303 to 70s per ton. Dairy Produce.—There is no improvement iu the tone of the market, arid at the moment it is difficult to predict the position further on. The market is still heavily supplied with both cheese and butter—more especially the latter—and in the absence of any demand quotations would be merely nominal.
COMMERCIAL., Issue 7985, 14 August 1889
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