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COMMERCIAL., Issue 8009, 11 September 1889
The amount of revenue collected at the Custom-house on goods cleared to-day for consumption was LBfll4s Bd.
STOCK AND STATION REPORT. Mr Donald Stronach (on behalf of the New Zealand Loan and Mercantile Agency Company, Limited) reports for ths week ended September 11 as follows
Pat Cattle.—Only 144 head were yarded at Burnside for this day’s sales, ordinary to good and prime. Competition was a shade livelier, especially for prime quality, which brought prices a trifle over last week’s ; while for ordinary there was but little improvement. Best bullocks brought L7l7s 61 to L 0 10s—one or two pens extra prime, LlO 10s; medium, L 5 15s to L 7 ss; inferior and light, L 3 10s to L 5 ss; cows in proportion. Fat f<heep. about 520 were merinoes, the balance crossbreds, representing all qualities. There was a little more demand for expoit to-day, which caused biddings at the commencement of the sales to show some activity. Prime wethers, fit for freezing, were in better demand and realised a shade more than last week, but as the rales progressed, and down towards the close, the demand fell off somewhat, and for all sorts prices were easier—indeed for ordinary quality there was no improvement on last week’s prices from start to finish. Best cross-bred wethers brought 13s fid to 15s 9d (one pen extra prime which we sold brought 16s), ordinary, 8s fid to lls 9ri; best cross-bred ewes, lls to 13s 9d; ordinary, 8a to 10s fid; merino wethers, 5s fid to Bs. Wo sold, on account of Mr J. John'ton (Pukerau), cross-bred to 16s (top price); also, cross-bred ewes to 13s 9d. Lambs.—lß were penned, the first of the season, which sold, under moderate competition, at up to 8s 9d. Pigs,—l 76 were panned, comprising a numerous variety. Competition was fairly active for all forward. Suckers brought 8a to lls; stores, 16s to 28s; poikers. 27s fid to 345; baconers, 38a to 54<*. We sold six at 13s fid and two at 19/s. Store Cattle —There is not muph Inquiry for these in the meantime, and until the new grass begins to make some thaw, transactions will be unimportant, Store Sheep—There are no transactions of any consequence passing now,'and no demand to speak of. Occasionally odd lots are wanted for eating off root crops, "but owing to the turnips being now almost all used up, the number required for this'purpose is limited. Wool.—Since date of our last report advices are to hand of the closing of the wool ,salea_ at Antwerp. One thousand bales of Australian wool sold at prices fully equal to those obtained at the London sales in July, and for superior and medium River Plate wool prices remained firm, but for inferior sorts and lambs’ wool prices were scarcelylso firm. Altogether, 18,000 bales were offered, of which over two-thirds were sold. At our auction sale this week we sold several lots greasy, slipe, and scoured wool at very satisfactory prices. Sheepskins,—Owing to a half-holiday befog proclaimed for Tuesday, we held oqr weekly sale on Monday instead, when we offered a very lengthy catalogue, The trade was fully represented, and under the influence of splendid drying weather there was keen competition, Fine combing woolly skins, both crossbred and merino, were again in excellent demand, and realising prices quite up to and over our last week’s rates. Buyers seem to have confidence in the wool market continuing film, so that there is no trouble experienced in disposing of the lar. erqaantitipsnowcomingforward at satisfactory prices. Country dry cross breds, inferior to medium, brought Is 3d to 3s lid; do do merino, Is 4d to 3s lOd; medium to fullwoolled cross-breds, 4s to 8s Id; do do merino, 3s lid to 5s lOd; dry pelts, 2Jd to Is Id; butchers’green cross-breds—best fis fid, fis 4d, 6s 2d, fis 101, fis 9d, fis 7d, fis 4d, fis 2d, good to medium and inferior 5?, 4s 10d, 4s 9d, 4< 7d, 4s sd, 4s 3d, 4s; green merinoes, fis 9d, fis Bd, fis fid, fis 41. 5s Id, 4s 91, 4s 6J. RatiUtskins. An aetive demand prevails, and all sorts are saleable at prices quite in sympathy with those obtaining in the lost reported London s les. There are evidently good orders in buyers’ hands, and they appear at present fully prepared to operate to a very considerable extent; and by the eagerness displayed in bidding it would seem as if the supply continues to bo very much short of requirements, But while the demand is all that could be desired, shippers are limited to a price over which at present they cannot go. This week we offered a moderate catalogue, none of which were prime skins, and _ consequently did _ not reach last week’s top price, although, considering ths quality, there was no difference in rates
obtained. We quote best winter greys (free from blank stains, selected), 16Jd to 17^0; goad to prime, 15d to!6d ; oi dinary, Is to 14fcd; summers, 5d to 8d; suckers and half-grown, 2d to 4d; black and fawn, 7d to 10d per lb. Hides.—There is no quotable alteration to note in values, nor in the position of the market generally. The demaud is not by aty means active, being chiefly confined to the requirements of the local manufteturers, who are the only operators. Prices are considered low by sellers, but. are evidently too high for exporters to do any business at. We quote prime extra heavy, 2Jd to 3d; heavy, 2Sd to 254; medium, 2Jd to 2|d; light, 2d to 2*4; inferior, Idsd to per lb. Tallow, All available supplies are sold without difficulty to the local manufacturers, prices meantime being unchanged from late quotations. The Homo market appears fairly steady, and with suitable supplies available there ought to be a margin for shipment. We repeat last week’s quotations—viz., for prime rendered mutton, Ills to 20s; medium to good, 16s to 18a ; inferior and mixed, 12s 6d to 15s; rough fat —best mutton caul, 13s 6d to 14s; inferior to medium and good, 9s to 13s per cwt. Grain. —Wheat: The market is unchanged since we last reported, and still in favor of buyers, only small transactions taking place and millers showing no anxiety to purchase more than sufficient for present leqoirements. Samples of Northern growth are offering freely and at reduced prices, which makes it somewhat difficult to place Southern at anything approaching a satisfactory price. Fowl wheat has a very fair demand and selling pretty freely, both for local consumption and export. We quote: Good to prime milling, 3s 6d to 3s Bd, extra prime a shade more; medium to good (nominal), 3s 3d to 3s 5d ; inferior to good whole fowls’ wheat, 2s 9d to 3s 2d (ex store).—Oats : The market for these continues inanimate; there is little or no demand for either feed or milling, and the only business doing is confined to the disposal of small odd lots for local requirements. The expected demand for export, which was by this time to clear out the moderate stocks on hand, seems still in the distance; but while there is no inquiry of any consequence, short stout good feed (more particularly sparrowbills) can be disposed of if a slight reduction on current quotations would bo accepted. We qnote best bright milling 2s 8d to 2s 9d; best short feed, 2s fid to 2a 7d; medium to good, 2s 5d to 2a fid; inferior to medium, 2s 4d to 2s 5d (ox store, sacks extra).—Barley: Malt-ters have pretty full stocks now on hand, and, while open to purchase really prime samples, ordinary has no attention whatever. The bulk of the offerings being of the latter quality, the market may be said to be at a standstill. Milling and feed sorts have also a dragging sale. We quote prime malting 3s 6d to 3s 7d; medium (nominal), 3s to 3s 3d; feed and milling, 2s to 2s 9d (ex store, sacks extra). Grass Seeds. Ryegrass seed: A moderate business is passing in this. A good many small orders are being executed, and as the season advances no doubt heavier clearances will be effected. Wo quote local-grown machinedressed, 4s 3d to 4s 9d; undressed, 3s 3d to 4s; Poverty Bay, ,5a fid to 7s (sacks extra). — Cocksfoot seed: Stocks are ample for requirements, and up to the present sales are confined to limited quantities; but with a continuation of seasonable weather a good demand is expected and present rates maintained. We quote machine-dressed at 4d to 4jd; inferior to medium and eood, 2sd to 3}d per lb, Potatoes.—The market remains on about a level with the position last week, and while deliveries continue as at present late ra.ea are likely to be TaMutoiined. In tbo meantime, however, the business done is more o! a retail character, buyers not feeling disposed to go in for quantities. We quote best Northern 90s to 955; medium, 80s to 85s; Southern (best), 70s to 75s per ton; kidneys almost unsaleable. Chaff.—The market is fairly well supplied, but, with a moderately good demand, sales of prime heavy oaten, well cut, are readily effected; while ordinary and discolored has less attention. Straw chaff is almost unsaleable, We quote best oaten L 3 15s to L 4 ordinary, L 3 to L 3 10s; inferior, 35s to 55 per t.n.’ Dairy Produce. —The tone of the market continues depressed. There is a considerable quantity of the season’s produce still on hand, and considering the poor prices rating in all the Australian markets, .also the difficulty in procuring suitable freight for the Home market, the outlook is not by any means satisfactory. We quote prime factory cheese, largo, 4fd to BJd; small, fid to 6j|d; prime potted butter, 5d to 6d; inferior, 2d to 4d per lb; and but little demand at these prices.
COMMERCIAL., Issue 8009, 11 September 1889
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