MARKET REPORTS.

Lyttelton Times, Volume LXXVI, Issue 9511, 5 September 1891, Page 2

MARKET REPORTS.

The New 'Zealand Loan and Mercantile Agency Company, Limited, reporta on the wool, grain and produce markets for the week ending Sept, 5, 1891 Wool.— The opening of the Antwerp sales during the week has been the only item of interest. A moderate catalogue was presented to a good attendance of buyers, and though a drop of £d is reported in comparison with closing rates of London June series, yet biddings appear to have been brisk, and we await with some interest the opening of the London September sales on Sept. 8. Hides have fair inquiry at the. current rates* viz., Hd to 4d per lb, as;per description. Tallow and Fat are without alteration. Sheepskins.— Large catalogues of good skins were the features at the various marts this week. There was a full attendance, and biddings as usual were spirited to a degree; but in most cases prices were a shade easier than last week’s. Butchers’ basfc crosß-brede 6s 3d to 7s lOd, medium 4s 9d to 5s Cd, host merinos 6s to 7s 4d, medium 4s to 5s 2d, dry skins and factory lots at equal to quotations. Wheat. — Our latest cablegram from London indicates that values at Mark Lane are below those quoted at the provincial centres. At the same time the market has a firm tone. Locally, prices are unsettled and transactions meagre, holders being very firm. We quote Hunter's and Pearl 4s 3d to 4s 4d, Tuscan 4s Gd f.0.b., sacks extra. Oats. —Bather better inquiry for heavy sorts, but no material change in values. Seed lots bring 2s, heavy milling Is lOd, stout feed Is B£d, long Is 7d per bushel, f.0.b., sacks extra. Barley. —Quiet, little inquiry, and not much offering. We repeat quotations—medium 3s, secondary 2s 6d, feed from Is Gd, ex store, .sacks extra. Beans and Peas from 2s 8d to 8s per bushel, f.0.b., sacks extra. Grass Seeds. —Good demand for sowing purposes. Machine-dressed ryegrass 5s Gd per bushel, cocksfoot 5Jd to s|d per lb, f.0.b,, sacks extra; colonial clover Gd to per lb, imported seeds at list prices. Potatoes. —Sellers ask 10s per ton, but buyers are not forthcoming. Dairy Produce. —Local supplies scarce. North Island keg butter 8d to 9d, cheese Sd to 4£d per lb. The New Zealand Farmers’ Cooperative Association op Canterbury, Limited, report for the week ending Friday, Sept. 4, 1891 ; Wheat.—The firmness in the Home market and the bad weather reports indicated by recent cablegrams have had a marked effect locally. All lines offering have been readily bought up at higher rates. Prime Tuscan 4s 5d to 4s 6d, Pearl 4s sd, Hunter’s 4s 4d, f.0.b., sacks extra. Oats remain much on the same level as regards prices and demand, and holders have confidence that higher prices will be obtained before the close of the season. Quotations : Prime milling la 9d to Is lOd, short feed Is 8d to Is 9d, Danish Is 7d to Is 7jd, f.0.b., sacks extra. Barley remains firm at last quotations, and several large lines have changed hands at current rates. Prime malting 2s 9d to 3s, medium 2s Gd to 2s 9d, ordinary 2s 3d to 2s 6d. Beans.—2s lOd to 3s, f.0.b., sacks extra. Peas.—Blue Prussians 2s lid to 3a f.o.b. Eyegrass.—Machine-dressed 5s 6d to 5s 9d, ordinary 5a to 5s Gd. Cocks-foot.—Machine-dressed, bright samples, 5d to 5; ordinary and discoloured 4d to 5d per lb. Potatoes.—The slighted vance in the Sydney market has had no effect locally, and prices remain nominally at 10s to 12s Cd at country stations, sacks extra. Batter. —Prime iresh Is to Is Id per lb. Cheese. —ld to 41-d, loaf size 4ld per lb. Exports for week ending Friday, Sept. 4, 1891 : Wheat 97 sacks, oats 1094 sacks, potatoes 27,535 sacks.

The following ia the Corn Exchange report (per Mr N. P. Meyers, Secretary) for the week ending Sept. 4,1891 .*—The cablegrams received during the last week, though of a somewhat conflicting nature, have tended to harden the prices of wheat. Oats.—But little doing. Barley.—For prime malting quality a demand exists. Grass-seed (ryegrass).—The demand has not been up to the average, the dry weather having kept intending purchasers back. Prices are hardly so Arm. Cocksfoot, really heavy seed, sells at full rates, but for inferior and seconds from the machine, there is a limited inquiry. Potatoes are still in heavy supply, though the three steamers leaving this week have somewhat reduced stocks. It is doubtful if the present increased value in Sydney will be maintained on arrival of these shipments. Dairy ' Produce.— no particular change cau be noted in values. Our quotations are as follow: —Wheat—Tuscan 4s 5d to 4s 6d, Pearl 4s 3d to 4s 4d, Hunter’s 4s 2d, whole fowl 3s 6d to 3s 9d, broken 3s 2d to 3s 4d. Oats: —Milling Is lOd, short feed Is 9d, long and inferior Is 6d to Is Bd. Barley.—Malting 3s, medium 2s 6d, feed Is lOd to 2s. Beans.—2s 9d to 3s. Blue Prussian Peas.— 2s 9d to 3s, feed 2s 8d to 2a lOd. Ryegrass —Machine-dressed 5s to 5a 3d, farmers’lines 4a to 4a 3d. Cocksfoot. —Really good heavy seed 5d to s|d. Dairy Produce Butter (factory) Is to Is Id, farmers' prime keg 9d, cheese (small loaf) 4Jd, largo and medium 3% d to 4*d. The above prices are those paid to farmers for delivery f.o.b. Lyttelton, sacks extra. DAEPIELD SALEYAEDS. The special sheep sale held at Darflold yesterday attracted a large entry of sheep, and a fairly numerous gathering of buyers and the farmers of the district. Hoggets, numerically speaking, again predominated, but notwithstanding this a large number of sales were made in this class, the prices ranging from 10s to 13s 2d, the latter figure being obtained for a lino of 500 well-grown and hoavily-woolled sheep sent forward by Sir John Hall. Pat ccoaa-breds made 15s 3d to 19s 2d, store cross-breds 12s I'd, merino wethers 8s to 9s Gd, and a few second-rate merino ewes (of which a large number of low-conditioned animals were yarded) were sold with difficulty at Gs. During the afternoon a welcome rain began to descend, and gave every promise of continuing.