COMMRCIAL.

Evening Star, Issue 8526, 27 May 1891, Page 3

COMMRCIAL.

The amount of revenue collected at the Oust.-ra-bottse on crmdu cleared to-day for wnsv-mptlon was L 1,768 4b. A London cablegram reportß an advance of 6d per quarter In wheat. STOOK AND STATION REPORT. The Now Zealand Loan and Mercantile Agency Company, Limited, report for the week ended May 27 as follows : Fat Cattle—The entry at Burnfide to-day was somewhat smaller, only 150 head being yarded,, and of these two-thirds were lightweights of very medium quality; the balance were good to ptime ; a few pena extra heavyweight?. This supply being more in accord with trade requirements, competition was fairly ootive, and a slight advance on last week s prices was obtained. Beat bullocks brought L7to L 9 sp, extra heavy to LlO ss; medium to good, L 5 15) to L 6 15a ; light weights, L 3 10s to L 4 153; cows in proportion. We sold on aocount of Mr Thomas Kirk ("tot Taieri) bullooks to L 6 12a 6d and cows to L 5 sa; Mr J. R. Thompson (Henley), bullocks to L6j for a southern client, light steers to L4l7s 6d, and heifers to L 4; also privately we placed 25 head at te Lo 17s 6d. , . , ~ Fat Sheep.—2,979 were penned, including about 200 merino wethers (good mutton), the bilance cross-breds, two-thirds of which were ewee, a few pens of these being very prime, the rest only medium. A few pens of the wethers to hand wete very good, but the majority were only medium. In point of quality, to-day b entiy was hardly up to last week a. Compe-. titioa at the commencement of the sales oompared favorably with last week 8, but immediately afterwards the demand fell off considerably, prloes receding Is 6d to 2s per head. Beat cross-bred wethers brought 14s 3d to 15a 9d; medium, 10s 6d to 12a 6d; best do eweß, 13s9d to 1") 9d—one pen extra prime Bold by u?, IGj 91; medium, 9a to 12s 6d; merino wethers, 6\ to 10s. We sold on account of Mr G. Oox (Pukeuri), croBS-bred ewes from 14) to 16s 9d; Mr J. R. Thompson (Henley) and others, oross-bred ewes from 12a 6d to 13s 9d. Fat lambs.—39l were penned. These met with a poor demand, prices ranging from 6a to 10s,

Pigs.—ll3 were penned, comprising' all so*fa. : All except baooners, of whloh there wereonly a few, had very little attention. Suckers brought 5a to 7a; slips, 10a to 12a; stores, 15s to 19s; porker*, 2ls to 265; baooners, 86b to 40s. Store cattle.— Tho demand for these oontinues. languid. A f t w lot ■ occasionally chaDge handf, but the number is limited. The market Is noi particularly active, only a very moderate business passing. This state of mattois is doubtleßß due to the sca:c v- of feed, in which there can be no Improvement looked for before the spring sets in. At the same time a limited number of full-grown steers in forward-condition for .fini'hing off on.turnips will bo oooasionallyrequirad,, but beyond this we do not anticipate very muoh demand till a good deal further on in the season. ■ Store sheep.—While a very Batisfaotory business (considering the time of the year) is still being effected, the market is no* less active, the bulk of the most saleable sheep for disposal having, been plaocd by this time. Odd lots of all. sorts, however, still ohange hands. Young oroßß-bred wethers l at convenient distances could yet be Placed, without difficulty, but suitable lines of this description are now more diffloult to plok up, exc-pt at extreme prices. -Country Sales : At Clinton on Thursday laist we had a very good mußter of buyers (notwithstanding the molemency of the weather), who operated with some keenness, very satisfactory priceß being obtained. The following lots were disposed of—viz , 258 cross-bred wethers at 14s 6d, 150 do do at 13s 6d, 200 do do at 13s 6d to 13* 7d, and about 200 quarter-bred ewes (small, in low condition) at 5s 10.1. At Balolutha the following day (Friday, 22nd) there was again a large number of buyers, who were evidently indisposed to compete under the hammer with the keenness lately pervading theße sales; nevertheless a good demand existed, and immediately after the sale nearly the whole of the sheep forward were placed at full rates. The following lots were sold—viz, 559 croßs-bred wethers, 2, 4, and 6-tooth, at 13s; 350 orossbred wether* and maiden ewes, 2, 4, and 6tootb, at 12s; 351 cross-bred wether*, 4 and 6 tooth, Us lid; 275 cross-bred wetbers and maiden owe?, 2 and 4-tooth, 10s 7d; 330 crossbred ewes, 2-tooth. 83 6d; 264 orossbred wethers (low conditioned), 2-tootb, at 83 9d to 9s 9d; 40 quarter-bred ewes (small), full mouth, at 4s 6d; 300 merino ewes, full-mouth, at 5s j 600 do do, at 4s 6d; and 44 cross bred lambs at sßod - . Mi. I A Wool.-By the San Francisco mail to hand this week we are in receipt of priced catalogues of the second series of London wool sales up to and including the 16th April, also our London circular of date April 18, which comments as follows on the progress of the sales up to date: —"At tbe opening there watsagood attendance both of Home and foreign buyers, but while the bidding was fairly animated, competition was somewhat less brisk than had been generally anticipated. Values on average exhibited little change from those ruling at close of preceding series, save in the case of faulty soonreds, whloh ruled is buyers favor, and fine greasy cross-bredß, which were rather firmer. With the progreas of the sales more coufideDce has been shown, with the result that the better grades of oDmblng, both merino and fine cross-bred, may now be quoted about Jd per lb higher than at the opening. As regards heavy greasy sorts, however, especially those of Adelaide origin, and Inferior scoured*, no material change has thus far manifested itself, but the tendency during the past few days, if anything, has been downward." With regard to the immediate future, as it is a matter of oommon knowledge that large supplies will bavo to be dealt with later in the ourrent year, the faot that the market has exhibited so considerable an amount of stability mast be regarded as a satisfactory feature, and would appear to Indicate that the Industry, as a whole, has suffered to a smaller extent from the reoent financial depression than had in some quarters been anticipated. Late telegrams to hand advise that since the close of tbe series the market has been quiet ; 67,600 bales hav» been sent forward to manufacturing districts direct. The total quantity available at present for the third series, which is to commence on June 9. is 250,000 bales. A fairly good demand continues to prevail in the local market, and any small lots brought forward at ; the weekly auctions are readily taken up at full rates. Sheepskins.—Very spirited competition prevailed at our auction tale on Tuesday, full prices being secured for all the lo+s brought forward, late rates being fully maintained, particularly for fine-woolled green cross-breds and merinoes. We submitted a good catalogue, the usual varied descriptions being presented. There was a good attendance, and an animated tone was experienced all through the proceedings'. Butchers' green cross-breds, be«t, brought 4s to 4. 8d; medium to good. 3s to 3s 10s; country dry cross-breds, inferior to medium, Is lOd to 3s lOd ; do do merino, Is 9d to 3< 91; full-woolled cross-br»ds, 5s to 6s 93; j do do merino, 4i 6d to 6a 2d; dry pelts, 5d to Is Bd. , Rabbitskins.—The business done In these is weekly Increasing. Consignments are still light, but a very brisk demand Is experienced. This week we offered a medium catalogue, when Is 4Jd was got for late saved skins, several lots fetching Is Id to Is 3|d; summers and autumns ranging from 6d to Is per lb. Hides.—There is no alteration to note in the demand or values, which remain as lately reported. We quote for Inferior and slippy. Id to lid; Hght, ljd to IJd; medium, 2d to 2Jd; up to 601b, 2f dto 3d; 651b and upwards, $d to Id p rib more. Tallow —No quotable change to note. All available Is readily placed at about equal to late rates, which we repeat:-For medium to good, 16s to 18s 6d; best fat, 13s to 13s 6d; inferior to medium and good, 9s to 12s 9d perewt. Grain. Wheat: The business transacted during the past week has not bee» very extensive. There are very few really good samples offering. The bulk of the supply now put on the market is of very indifferent quality, and, while saleable, buyers don't seem very anxious at the moment to purohase at the prices demanded by sellers. At tbe same time, it is anticipated that all available will be required before the season Is out. We quote prime milling, velvet and Tusoan, 4s 6d to 4s 7d ; medium to good, 4s 34 to 4« sd; inferior to medium, 3* 9d to 4s; broken, 2s 6d to 33 6d (ex store, terms).— Oats: A very steady demand has continued to exist up to the present, and late rates are still firm. All available well-grown, bright, and In good condition are readily placed, but badly harvested inferior sorts are not so easily disposed of. except at low prioes. We quote prime milling, Is 6Jd to Is 7d; best bright feed. Is 6d to Is 6Jd; mediom to good, Is ssd to Is 6d ; inferior to medium, Is 2d to Is 4£d (ex store, aacks extra).— Barley: There is no improvement to note In the demand far this cereal. Only the primest lots at all saleable, and buyers now offering lower prices than those lately ruling. Medium quality and discolored has no attention. We quote (mminally) best maltingr, 3s to 3<< 3d ; medium, 2s 6d to 2a 9d ; feed and milling, 2s to 2s 3d (ex store). Ryegrass Seed. —This beiDg the off season the market shows no animation, and beyond the usual retail business tb*re is nothing doing. We quote best dressed perennial, 5s to 5s 3d ; farmers' best dressed, 3s 9d to 4 s 3d; medium. 2a 6d to Sb 6d (ex. floreV Cocksfoot seed aleo dull; best nominal, 5d to s^d; medium, 4d to 4f d per lb. Potatoes—The demand is still confined to the requirements for local consumption, and until there Is a demand for export our market is not likely to improve, which is now exceedingly dull. We quote best Derwents, 40s to 455; inferior to medium, 30s to 37s 6d per ton (eackß weighed in). Chaff—The market lately has been more than fully supplied. Quotations for best, 45s 6d to 455; medium, 37s 6d to 40s; Inferior (wbioh Beems to go off better than prime), 80s to 35« per ton. Dairy Produce.—Prime salt butter has a better demand, but there is no advance in price-viz, 7d to 7jd per lb. Obeese dull; faotory-made, medium Bize, 4Jd to 4£d ; loa*, 4£d to 5d ppr lb. Flax.—The business passing in this article just now is of small volume ; but there is sufficient demand to absorb all coming forward at the following prices—viz., for inferior, Ll2 10s to Ll4 ; medium. LI 4 10s to Ll6 10s; good to superior, Ll7 to L 1 8; extra fine a shade more. THE LONDON MARKETS The New Zealand Loan and Mercantile Agency Company have received the following cablegram from their London office, dated 26th Inst.:—" Wheat: Market steady, but there Is little demand. Quotations uncranged since last telegram." [By Telegraph.] Sydney, May 27.—Wheat: Milling. ss. Flour: Stone made, LlO 5s to LlO 15s; roller-made, LU 10stoL12. Oats: Feeding, la 9d to 2s; Beed, 2s 2d. Maize, 2s to 2s rfd. Bran, lOd. Pollard. lOd. Potatoes: Circular Head. L2 10s to L2 15s; New Zealand, LZ. Onions, t4los to T 4155. Butter: Is Id : factory-mad*, Is 31; New Zealand, »a toli>. ribeco, FH -o 7£d. Bacon: Machinecured, 5d ij U.i; »«id-cured, f>£d to 7jd Hams: New Zealand, lid to Is. Melbourne, May 27.-Grain markets dull. Wheat, 4s 9id to 4a lOd. Flour steady: Stonemakes, L 9 15s to LlO ss; rolter : makes, LlO 10s to Lll 10b. For oats there is but little Inquiry at 2< Id to 2s 6d. M»|w>,;3b 6d. Barley, 2s Id to 2a fid. Bran, IOJd to lid. Pease, 2s 7d. 0 . Adelaide, May 27. Wheat firm at 4s Bd. Flour: Btone-makes, L953t0 L 9 15a ; rollermakes, LlO 5s to LlO 15«. Oats, ?s 2d to 3s 3d. Barley: Malting, 3j 3Uo 3a 4d, Bran, Ib Id to Is l|i. Pollard, Is Ld,