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COMMERCIAL.

The amount of revenue ooileotoil at the Oustom-houae on soods cleared to-day for jonsumptlon was LI. 697 5s 6d. STOCK AND STATION REPORT. The New Zealand Loan and Mercantile Agency Company, Limited, report for the week ended September 2 as follows : Fat Cattle.—26s head came to hand at Burnside for this week's requirements, mostly inferior to medium - only a very email proportion gjod beef. For the latter quality competition was fairly active, prioes realised for such being slightly higher than those ruling last week; while for indifferent quality low prioes had to be accepted to effect s%le.». Best bullocks brought L 8 6s to L 9 ss—extra heavy, a shade more; medium to good, 1.5 15* to L 7 sa; light weights and infeuor, L2l7s 6d to L4loa; cows ia proportion. We sold on account of Mr William Murray (Milton) and others, drafts, bollocks to L 7 lfa. cows to L 5 2s 6).

Fat Sheep.—3,l74 were penned, including about 2GO metino wethers', good to prime, the balance cross-breds, chi. fly wethers, hardly up to last week's entry in point of quality. The ewes ranged from medium to good. Owing to a slight demand for export, competition was fairly active. Piioes, however, showed no improvement on last week's. Best cross-bred wethers brought 16i to 18s 6d: one pen extra heavy, 19i 6); ordinary, 13i 6d to 15s 6d; best cross-bred ewe?, 14a to 15b 6d; ordinary, 12s fid tol3i6d; merino wethers, 9j 6d to 15a. We sold for a Soothern client 20 cross bred wethers at 16* 6d, 20 at 15a lOd, and 14 at 15s 6d; for Mr Archibald Livingston (f aleri Beach), 30 cross-bred wethers at 17s 3d; for the Glenledi Estate, 99 oross-bred wethers at 16s 9d, and 74 half-bred do At 15s. Pigs.—26B were penned, chiefly porkers and i baconers, with a few suckers and slips. The demand to day was not by any means lively, prices all round being in favor of buyers. Suckers brought 6s to lis; slips, 12s to 14s; Btores,lsstolßs; porkers. 18s to 265; b»coners, 27s to 87s 6d. We Bold 69 from 18s to 28a 6d. Store Cattle.—There is no change to report in the tone of the market, whioh continues somewhat inaotive at present, the business done being on a very small scale, but with a continuation of the present favorable weather an improvement in the demand will no doubt come about, and transactions become of more importance.

Store Sheep.—There are no transactions of any consequence passing In these. This being the off season, the market from now till after shearing will bo comparatively quiet. At pre-

sent there are very few offering. The little business being done is confined to small lots ar the weekly tales at Burnside, with a few at the various tales in the country, nrd at prices less satisfactory to the sellei than were obtaining ewlter in toe season. Wool.—Since last writing we have /./> further intelligence regarding the Bta'e of thi mwket at Home. Meantime, however, consider,, b'e Interest centres in the series opening in London on Tuesday next. Considering that the last series closed leaving stocks in manufacturers' hands within a Bmall compass, the prospeota are encouraging; and, although perhaps extreme prices will not be looked for, there is an idea that trade is in a very healthy state and good average prices will rule throughout the rest of the sales. There is nothing doing locally of any consequence. Sheepskins,—A good supply came forward for our Bale on Monday, when we had a large attendance of buy err, who, under the influence of favorable weather, competed with tho usual spirit. Biddings were active throughout, and prioes realised were more even, and, if anything, slightly higher than for Borne time East. The finer qualities of green skins »d epioial attention and were keenly competed for by all the buyers. For dry skins there was also a good demand, especially for fine, long-stapled half-bred and merino lots. Country dry cross-bredß, inferior to medium, brought 2s Si to 4s 3d; do do merino, Is lid to 3a lid; full-woolled cross-bredp, 4s lOd to 7a 9d; do da merino, 4» 3d to 63 6d; dry pels, 3d to Is lOd; butchers' green crossbreds, extra largo pelted, 7s Id, 61 lOd, 6s 8d: best do halfbreda and fine orosa-breds 6s 6d, 6j sd, 6«3d, 6s 2d, 69; good to medium, 5s lid, 5s 9d, 5s 7d, 5s sd, 03 3d; coarse-woolled aud smill, 5s 2d, 5?, 4s lid, la lOd, 43 Od, 4. 7d, 4b 6d; green merinoes, 4s 9d, 4s Bd, 4s 6d, 4* 41, 4s 2d, 4). 3s 9J, 3s 6d, 3s 4d, 33 2d, 3*, 2s lid, 2j 9d. Rjbbit skins.—An excellent demand continues

to be experienced for these, all sorts being keenly competed for; but while buyers are anxious to secure all coming forward, they don't seem to be qui*e so willing to bid up to the prices obtaining during the past two or threi weeks, although, on the whole, there was but little difference between the prices obtaining this week and those ruling previously, taking quality into consideration. We submitted a full oatalcgue on Monday, when all the buyers were present end operated freely, every lot on tbe catalogue being disposed of at full rates. We quote best greys, Is 6Jd to is 6Jd; medium to good, Is 2Jd to Is 4Jd; autumn ski as, 9d to Is Id : summer do, 5d to 8d; suckers and halfgrown, 3d to blaok-and fawn, best, Is Id to Is 2d; medium, 6d to lOd per lb. Bide?.—A fair local demand exists at late pricef, but, notwithstanding that values are exceedingly low, shippers decline to operate. Outside markets continue very flat, and there does not appear to be any immediate prospect of values improving. Light-weights are in over supply, while heavy sorts are scarce and difficult to prcoure locally. Quotations for 601b hides, 231 to 3d; 651b and upwards, &d to Id more; medium weight*, 2d to 2^d; light do, ljd to l|d; inferior, Id to IJd per lb.

Tallow.—There is no alteration to note in the position of the market, A good demand continues to exist for both rendered and rough fat. Local manufacturers sbaorb all available supplies ; stooks in sellers' hands are almost nil, and the quantity offering limited, bo that with a continuation of prices at present ruling at Home values are not likely to recede. Q dotations for medium to good rendered tallow, 16s to 18); extra good, a shade more; Inferior and mixed, 12s to 15j; rough fat- best, 12a 9d to 13j 6d; it f erior to medium and good, 9i to 12s 6d per c»t. Grain.—Wheat: Both private and public Press telegrams report the market firm at Home, which has had the effect of causing a little more Inquiry looally; and, although transactions hare not, as yet, assumed to any very large dimensions, a few lota are being plaoed and at higher price?, aud only that the few sellers are holding out for a further advance a good deal more business could ba put through. The demand meantime Is confined to the prim est milling and inferior for fowls' food. Medium torts have no attention, although further on it is quite certain that all available will be rrqa'.red. Qiotatio s for prime Northern velvet and Tuscan, 4s 8d to 4s lOd : medium to good, ii 3d to 4s 6d ; inferior, 3j 9d to 4s 2d ; broken, 2a 9d to 3j 8d (tx store, sacks weighed in, terms). —Oats: The tone of the market, if anything, is in favor of sellers; but any extra demand existing is for really well growr, bright, short oats. Discolored and medium feed, mixed with green and black seedd, are not in favor, and only saleable at priceß differing considerably from those obtaining for well growu, clean sorts. Two steamers having left for Sydney this week doubtless caused a little more demand to be experienced, but now these are gone the tsndency will be towards a curtailment of operations, unless very low freights offer in the meantime. Stcoks are being steadily reduced, and, although higher rates may not be secured, there is a consensus of opinion tbat prices now curreut will at all events continue firm. We quote prime milling, Is 6Jd to Is 7d—extra piime a shade more; best bright »hort feed, 1* (id to Is 6$ 1; medium, Is 4d to Is 5Jd ; inferior, 1b to Is ?$&; small lots, suitable for Beed, 1* 8J to Is 101 (ex store, sacks extra, net; |£dmoref>.b. Dunedin).— Barley: The business done in thu cereal is only to a limited extent. Small parcels, fit only for feed and milling, are occasionally placed, but very few sales made for milting, as but few really pr me samples are now offering. Quotations for best malting 2< 9.1 to 3s, medium, 2s 5J to 2s 8d; feed and milling, 2s to 2s 4d (ex Btorr, sacks extra). Grass Seeds.—A moderately fair business is being done in ryegrass seed, which is expected to increase a little farther on. Quotations for best local grown, machine dressed, 5s 6d ti 5s 9d; farmers' dressed (very little of which is now offering)- best 3s 9d to 4? 6d, medium 2s 6d to 3s 6d j Pacey'c, imported, 6b 3d to 5s 6d ; Poverty Bay, 6s 61 to fii 9d per bushel.- Cocksfoot has a littlo itquiry. Quotations for best dressed, 5Ji to 6d; medium, 3d to 5d per lb, Potitoe.'.—The market shows no improvement. Pricts ruling at auction this week were from 20a to 30j per ton (sacks weighed in). Chaff.—The supply keeps pretty well up to requirements, and there is no change in values of any consequence. Beat Is sold at 45s to 47s (ill; medium to good, 40j to 42s 6d; inferior, 25a to 35s per ton. Dairy Produce.—There Is no change to note in the market, and, with no demand for export, prices in consequence thow no improvement. Late quotations apply for both butter and cheese.

Flax. The quantity coming to hand is limited, bat, a3 the day lengthens aai the weather beoomes more suitable, consignments will assume larger dimensions. Meantime, however, the few bales that do coma to market are readily plaoed at, for good to prime, Ll7 to LlB-extra fine, a shade more; medium, Ll4 10i to LIG 10<<; inferior, Ll2 10j to Ll4 per ton,

[Brokers' reports and announcements may be inserted in this column on specially arranged terms.] THE RABBITSKIN MARKET.

Messrs Arthur M'Donald imd Oo.'s weekly report ending 2nd inst. : Consignments still continuo to reach us in large quantities and considering the time of the year It fully bears out our previous remark?: that the supply this season is oiuoh greater than the two preceding years. We would again impress upon holders the desirability of taking advantage of the present high prices ruling here, for with the enormous quantities going forward on to the London market they will, in all probability (as intimated ui by cable), cause values to give way. Although the local market is not so strong this week, we ate still paying prices quoted in our last, whloh are full net cash, without commission charges.

MINING NOTES. Mr Howorth, the Dunedin dlreo'or of the Keep it-Dark mine at Reefton, to-day received the followirg telegram from the mine manager:—" Low level driren 69(6 towards winze. Manager expects striking reef end of week." Mr F. Nicoll, manager of the Heroules No. 2 Company, writing on the 3lst ult., reports that ho got the new elevator into position and commenced sluicing last Monday week; has been running steadily ever since, with the exception of a thort stoppage to put in tail and side boxes; expects to ba able to wash up on Saturday next. Mr White, manager of the United Heroule3 Hydraulio Slniolng Company, Limited, writing on 31st ult., reports that he intends washing up on or about Thursday next. The ground continues rather poor and very stoney. In order to fill up the old paddock he will be obliged to take a paddock rather laiger than usual, and will, therefore, come baok as far he can. STATISTICAL. During August the Customs revenue collected amounted to L 155.032, the principal ports contiibutlng: Dunedin. L 41.494; Auokland, L 85.532, Wellington, L 28.197} Lyttelton and Christchurob, L 27.377. The amount colleoted for the five months of the financial year was L 651.106, being 111,522 above the estimate for the period. The beer duty colleoted last month was L 3.955. Auckland contributed LBJ4, Dunedin LB3B, Christchuroh L 753, and Wellington L 458. The total for the five months of the year is L 2.064, which Is L 4.854 below the Treasurer's estimate, ____ [By Telegraph.] Sydney, September 2.—Wheat: Ohlok, 3s 6d to 3s 9d; milling, ss. Flour: Stone-makes, LlO 15s to LU; roller-makes, Ll2 to Ll2 lOi, Oats: Feeding, Is lOd to 2s Id; seed, 2s Id. Make, 2j 3d. Barley: Gape, 2s 3d. Peas:

Prusiian blue, Bs4d. Bran, 9d. Pollard, 9d, Potatoes: New Zealand, L2 10a to L2 15s, Onions, L3to L 4. Butter: Local dairy-made, Is 6d; factory-made, la 9d. Cheese, Bid to 7d. Baoot: M&ohiae-oured. 5d to 6d: nand-eured, 6d to 7d. Hams: New Zealand, lOd to 11a. Mbiuouhnb, September 2.—Wheat, 5s 4R Flour? Holler, Ll2 10a; trade sby. Feed grains dull of sale. Oats': Oaloutfca, Is 9d to 2a; Ndw Zealand milling, in bond, 2'. Malzp, 3s 10J. Barley: Caoe, 2s; malting, 3s 2d. Adnlaibb, September 2. —Breadstuffa quiet but firm, holders being Indisposed to sell. Who;..*, 4s lid to ss. Flour: Stone, L 10; S oll £'f 10 f 0at8: New Zealand, In bond, 2s 2d to 2s 4d. Barley: Cape, 2s 4d to 2s 6d; Engll.h malting, 2s 9d to 4s. Bran and pollard, laid.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD18910902.2.31

Bibliographic details

Evening Star, Issue 8610, 2 September 1891, Page 3

Word Count
2,300

COMMERCIAL. Evening Star, Issue 8610, 2 September 1891, Page 3

COMMERCIAL. Evening Star, Issue 8610, 2 September 1891, Page 3