Commercial News

Feilding Star, Volume XIII, Issue 81, 7 January 1892, Page 3

Commercial News

«• ■ ■ PER PBESS ASSOCIATION). Lojjdon, January 4. Owing to the keen competition of the Tyser Line, freights by the Shaw, Savill and Albion Company's steamer Pakeha, direct to New Zealand, have been fixed lat 25b per ton. Freights by tho Couii pany's sailing vessels have been reduced • to 20s. Some cases by tho Orizaba, branded prime new Victorian dairy butter, realised only 955, as the dealers declare that the consignment consisted of old butter. January 5. The balance of the Doric's butter was disposed of at the same figure as the first portion of the shipment. . bYDNEY, January 6 Wheat -Hiick, 4/3 ; local, 4/9 to 4/10. Flour— Stone ground, £11 to £12 ; roller made, £12 10/- to £13. Oats. 2/4 to 2/5. Barley Cape, 2/8. Pot-iSocs— Local, £3. Onions, £5 20/ . Builer -Dairy, -/8 ; factory, -/9. Cheese -/3 to -/5. Bacon, »/5 to •/?'§• Hams— New Zealand, /IJirl. Tli? quality of the wool is below the avera^-i!. Greasy cross-bred, -/7-| to /8|: .washed, /10-to : /Ui; scoured 1/1 to l/4f per 1 \ Melbourne, January 6. Wheat, 4/4 to 4/5. Outs are neglected : Algerian, 1/8 ; stout oats, 2/« to 2/5. For wool competition is brisk and prices fully maintained, Greasy, -/8^ to ./9; scoured, to 1/3|-. Adelaide, January 6. Wheat has a downward tendency at 4/6. Flour— Stone made, £10 to £10 5/- : roller made, £11 to £11 5/». Barley, 3/6 to 4/6. The New Zealand Loan and Mercantile Co's. London (. ircular, dated November 27:-" Wool.— The fifth series of sales opened on the 24th inst. Some 42,000 bales remained on hand from the fourth series, so that for the currentauctions the net available is, say, 192,000 bales. There was a good attendance, bolh of Homeland Continental buyers ; mid though there was at first some hesitation in the bidding, greater confidence was displayed as the sales progressed, and competition became more general. As compared with the closing rates of the fourth series, good greasy and scoured merino, and crossbreds — the last of which were sparsely represented in the opening catalogues— showed little change, but other descriptions on on average ruled about 5 per cent lower. Sheepskins..— At the public sales held on the 25th and 30th ultimo, 2600 bales were catalogued, of which 2250 bales changed hands under tho hammer. The sales were well attended, but the demand was irregular, and prices of merino skins were on average about £d per lb lower than at the preceding sales, while crossbred skins were generally unchanged. Since the auctions about 100 bales have been sold privately at the rates then current. Butter — Since our last issue the ' Cuzco' has arrived with the first of the new season's Australian make. This was landed in good condition and met a ready sale at from 100s and 124s per cwfc. Continental, with the exception of Friesland and Danish, is dull of sale."