COMMERCIAL.

Evening Star, Issue 8361, 12 November 1890, Page 3

COMMERCIAL.

The amount of revenue collected at the Oostom-bonse on goods cleared to-day for STOCK AND STATION REPORT. The New Zealand Loan and Mercantile Agency Company, Limited, report for the week ended November 12, as follows Fat Cattle.—There was a very full entry yarded today at Burnside saleyards—viz , 269 head, nearly all g 00( l to prime beef, a considerable number being very heavy weights. This number was somewhat in excess of requirements, ai.d bidding throughout in consequence was dull. Prices receded from last week s 20s to 26s ner head, and several pens were turned out unsold. Best bullocks brought L 8 15s to LlO 17s fid ; medium L 5 17s 6d to L 7 2s 6d ; light, 1M 2s 6d to La IDs : best cows, L 6 2s 6d to L 0 17s 6d ; one or two extra heavy to L 9; others, L2 17s fid to L 5 6s. We gold on account of a Southern client several pens at <|l Fat Sheep —1.514 were penned, all oross-bted in the wool with the exc -ption of one or two pens shorn wethers. Two-thirds of the entry, both ewes and wethers, were only medium quality, while the reat were very prime and heavy weights, notwithstanding this small entry there was only a very moderate demand At the commencement of the ealee prices obtaining would compare favorably with last week’s, but down towards the c'oso the demand fell off considerably, with a difference of from fid to Is per head in buyers’ favor. Best cross-bred wethers bi ought 17s 6d to 19a; three or four pens, extra heavy, made 20s to *Ss; medium, 13s 6d to 17s , bast do ewes, 15s fid to 17s 3d; light aod medium quality, 12s fid to 15s. We sold on account of Mr James Burnett (Waikolkoi) and others mixed crossbreds to 17s M. . ~ , . Lambs.—l 72 were penned, medium to good quality, while none were very heavy; not quite up to last week's weights. There was a very good demand, prices obtained ranging from 8s fid to 12s fid. p|,rg 150 were penned, representing all sorts. ThocUmandwasnotby any moans active, especially for porkers and baooners, prices for these being in favor of buvore. Suckers brought 7s Cd to Ms ; slips, l"8 odto 15b: stores, Ids 64 to 21s; porkers, 23a to 27s : baooners, 32a to 365. Wo sold forty at quota“Toro Cattle.—A moderate amount of business is being done in forward-conditioned, full-grown, and well-bred cattle, very few of which are offering ; while a considerable number of low-conditioped mixed sorts are offering, which will be somewhat difficult to place at satis! ictory prices so long os the weather continues so onptopltious. Ordinary three to four and five-year-old steers are selling from L 3 10s to tore Sheep. There are fewer transactions now passing in this class of stock ; but further on, when the wool la off, and buyers have a good selection, it la anticipated that all available lota will bo quickly taken up, as the supply is not expected to be sufficient to meet requirements. . Wool.— Shearing is now commencing, and will soon bo general. Should the weather prove favorable, there will be good catalogues to offer at the local sales, which are to be held on the 11th and 12tb of Deoemoer, and we have little doubt there will be buyers for all wool offering at a fair margin on London rates; and there Is every prospect of largo transactions, unless holders demand prices which buyers may not deem it prudent to reach. Sheepskins.—We have no alteration to note In the demand for these, which continues active. At our regular weekly auction on Tuesday we offered a very full catalogue to a numerous attendance of the trade, who as upual competed with animation. Although lor the bulk of the skins catalogued, both green and dry. prices realised were barely so satisfactory, with the exception of extra large flne-woolled half-breda and merinos, prices for these differing but little from those obtaining lately. Butchers’ green half ana cross-bred, best, brought Bs, 7s 9d, 7s Bd, 7s 7d, 7s od, 7s 3d, 7s Id, 6s lid, 6s 9d, 6s 7d, 0s 3d ; good to medium and inferior, fis, 6s lOd, 6s Bd, 6a 6d, 6s 4d, 6s 2d, Es Id, 4s lOd, 4s 7d, 4a 6d ; green merinos, 6s Bd, 6s fid, 68 4d, Ss Id, 6s, 4a ‘ld, 4s 9d, 4s 7d, 4s 4d, 4s 2d, 3s lid, 3s Bd, 3a 4d ; green pelts, la 4d, Is 2d, Is, lid, lOd, 9d, 8d ; lambskins, Is 4d, Is Sd, is 2d, Is Id, Is; country dry oross-breds, inferior to medium. Is 8d to 3s 9d ’ do do merino, Is 7J to 3s 8d; full-mouthed cross-breds, 5s 3d to 7s 9d; do do merino, 4s 9d to 6s 6d ; dry pelts, Sd to la fid each. Kabbitsklna. —The season lot these is now drawing to a close, the catalogues offering comprising only odd lots very few of which are winter skins, nearly all coming to hand being spring saved, with some hallgrown and inferior sorts. A good demand still exists, knrt although good winters have the preference and realise prices quite equal to the highest obtaining during the season, all other descriptions are saleable, and bring very satisfactory prices considering the unmrtalotv of the market at Home. Quotations for prime win ter,grey tbin-peltod. Is 6d to Is 7d; medium, Is 4d to issd ; spring skins. Is to Is 3d; inferior to medium, fid to lOd: black and fawn full-furred, lOd to Is Id; Inferior, 6d to 9d; suckers and half-grown, 2C *H?desi— I The supply of heavy bides, 601b and over, anming to hand lately is a long way short of requirementis, the bulk of those offering being for thei most part light, and very often in bad condition, full of Mars and otherwise carelessly saved, and although saleable it Is only at prices whioh compare very unfavorable with those obtaining for prime heavy hides. Weouote for best dry salted 2*d to 2}d ; extra heavy 3rt;medium. 2d to 2Jd; light, lid to 1 Jd ; Inferior and ‘“Know and^Fatb—This market we ate pleased to note continues steady and very firm. The supp'y is insuffleent for the requirements of shippers and lo(aj manufacturers, and there being no stocks in agents! hands all consignments coming forward are placed immediately on arrival for Homo consumption or shipment where suitable. We quote prime mutton 20s to 21s: medium to good, and mixed. 13s to 16s6d; rough fat basan excellent demand and readily placed; best 13a to 14s; infejior to medium and good, 10» to 128 9d —Wheat: The local market continues quiet. The business transacted during the past week has been on a very small scale, prinoioaUy owing to the difficulty In placing the stocks of flour now on band to advantage, some of the millers preferring to close up for a time rather than continue to Increase their stocks: these may be said to be out of the market altogether In the meantime. Sellers, however, are not over anxious to do business at under late awt* wnl, oonnderiag the continued firm tens of tbs

London market. Fowl** wheat la only in moderate request, and buyers are not Inclined to operate to any Seat extent« prloee at present demanded being rather ffh tor export; alee that oheap barley ia largely taking the place of wheat for local requirements. We report last waok’i quotations—vis., for prime Tuscan, 88 Od to 8s lOd ; do velvet, Bsßdto BeMf medium to good, 8s Od to 3s 7d ; best red Wheat (nominal), 8s 6d to Ss 6d ; medium, Sa 3d to Ss 4d ; inferior, 3s to 3s 2d (ex store).—Oats: A moderately fair demand continues to exist lor stout bright milling quality, and any of this class offering do not fall to find purchasers willing to give prices equal to those obtaining lately. Bright abort feed are also saleable, but there docs not seem to be any improvement in the tone of the market. Stocks in agents’ hands are within reasonable dimensions, being considerably reduced lately, and if tonnage to tbe Homo market oould have been secured at reasonable rates, this market would have been almost cleared out by this time. Wo quote prime milling, Is to Is 4d ; best short feed, Is 3d to la 3)(i ; medium and discoloured, Is 2d to Is 2Jrt ; bl ick. Is 2d to Is 2JJ ; musty and inferior. Is to Is Ijd (ex store, sacks extra, net cash).—Barley : There is little or nothing doing la this cereal, any sales being effected arc merely for speculative purposes and at very low prices. Themis no really good malting in the market. A limited quantity of prime could be placed at quotations ; but there is no demand of any consequence experienced for any description. Wo quote prime malting (nominal), 2s 6d to 2s 9d ; medium, 2s 3d to 2s 6d; feed and milling. Is fld to 2e (ex store, sacks extra). Grass seed.—The season is now practically over. Occasional small lots of ryegrass seed are still being disposed of, but the business done ia on a very small scale. The market, however, is pretty well cleared out; holders are uot disposed to quit at prices very much below those lately current. At, the same time it would bo difficult to place any quantity, except at a price very considerably under those previously obtaining. We quote for best medium dressed, 4a 94 to Ss ; farmers’ dressed—best 3s (id to 4s, medium 2s Od tc 3s 3d (ex store). Cocksfoot has some inquiry, but the business resulting is not extensive. Quotations :4d to 4}d per lb (ex store). Potatoes.—The market is now quite bare of good, fresh-picked lots, and very few coming forward. A good demand exists and no difficulty experienced in placing all coming to hand in good condition at from 66s to 70, per ton (sacks weighed in). Chaff.—Deliveries have not been quite so heavy during the past week, sales in consequence have been . more easily effected, with prices slightly (inner. We quote best 40s to 42s (id ; inferior to medium, 30s to 37s 6d per ton. Dairy Produce.—The market continues exceedingly quiet, no movement of any consequence to be noted. Factory cheese, medium sine, can be placed at id to •lid, loaf 4Jd, but only in limited quantities.—Butter is coming into tho market very freely, a considerable portion of which is being salted down, and is being disposed of when the opportunity offers at from 6d to 7d, extra prime up to 8d per lb, chiefly (or local requirements, their being no demand (or shipment. MININS NOTES. The following telegram has been received from the Cromwell Goid Mining Company, Limited, Bendigo:—“On Saturday, in crosscut, at 520 ft, struck leader Sin wide. Ore highly mineralised, showing gold Ten head stampers at work; water plentiful.” Mr J. A. Chapman, secretary of the Wakatipu Dredgirg Company, reports having received to-day a telegram to the following effect: —26'iz 15dwt amalgam for eighty hours’ dredging. THE LONDON MARKETS, The New Zealand Loan and Mercantile Agency Company have received the following telegram from their London office, dated 11th inst.: —“Wheat: Spot market is firm, but the c.i.f. market ia weaker. New Zealand long-berried wheat is worth 37s 9d per 4961b; other quotations unebanged since last telegram.” [By Telegraph.] Sydney, November 12.—Wheat; Chick, 3j 3d to 3s 6d i milling, 3s 10<i to 4a. Oats, Is 10J to 2s. Maize, 3, 8d to 3s 9d. Ba-ley : Cape, 24 (nominal). Bran and pollard, 6Jd. Peas: Bine Prussian, 3s 9J. Potatoes: New local yield, L 8 ; old, L 4 ss. Onions, Ll2. Butter : Dairy. 6d ; separator, 7d ; factory. 8d Cheese ; Loaf, 5d to 5Jd. Bacon ; Local, 6dto 7d ; New Zealand, Is. Melbourne, November 12. Wheat: Inferior, 2s 5d to 2s lid ; medium milling, 3s 3d ; good, 3s BVI. Oats: Algerian, Is lOd to Is lid ; Danish, 2s to 2s 41; Tartarian, 2s 4J, Barley : Capo, is 8d to Is 10J ; peas, 2s lljd. Adel UDE, November 12 — Wheat, 3s 9J. Flour, stone, 1-7 10s to LB, roller, XPi 10s to L 9 os, Bran, 81 to 8^1; pollard, Bd,