Commercial Intelligence.

Hawke's Bay Weekly Times, Volume 2, Issue 59, 17 February 1868, Page 43

Commercial Intelligence.

OTAGO LIVE STOCK MARKET.

Mjsssrs. Royse, Mtjdie, & Miller, of Oamaru, under date Ist February, report as follows: We regret to have to report a very dull market for the season in stock of every description. The depressing news from -the 1 London wool '■ market causes extreme caution as.the part of buyers of sheep, even at reduced rates; and unless more cheerful news from tbat niarket reaoheß us before the Beasou is much further advanced, we fear that operations wiU be-^very limited. ‘ Notwithstanding the short lambing and heavy losses; there arealargeiiumberof Canterbury sheep in the market, and sellers desirous to meet buyers in prices. . Otago bred are a;s4ade flnner. In cattle,there are few transactions, and in very small lots; as thereare so fe win this district holders look for full prices, which the general dulness : of the season prevents buyers giving. . ' ; The. backward state of the weather causes also a gloomy feeling opr : farmers,' especially those who have any considerable breadth of wheat. .Grasses* never were more. plentiful,. consequently wo may look for a;niore full supply of fap stock and at easier rates,than last year.'' Our quotations are as.under; •,-, ■ ;-•* ;•,■•

; Store. Bheep—2, .4, 0, and Sftooth {ewes; -lass to 12a,'3d;, ,Bftootli do, Ss.toiOs^mttidentewes,^vUsito

.14s 6d; lambs, mefino'or half-bred, per pair, 18s; wedders.-etjualages 9sto 10s. Fat Stock.—Sheep, delivery on the station, 3d: in oamaru, 3sd per lb; beef, 40s to 42s hd per lOOlbsfat lambs plentiful, at 14s to 158 each.' ~ . v,„? 0 ? eR _^ n . od^draugk thorses are in demand, and very few offering, hut pur market is over supplied medium and-light draughts, not at all suitable for the state of our roads this year. Onlv really a £ e , Ba lßßble at remunerative rates. r u Pleasaattb report, against the unpleasant fall in the prices of stock and wool, that enquiries for station and-properties are .more .nuwe. expect those to be offered by public sale in Dunedin will,sell at fair rates, increased CO U? t, 7 compensating for depreciation in in sheep. We have two first-class stations in Canterburyforpnvatesale.