COMMERCIAL INTELLIGENCE

North Otago Times, Volume XXIX, Issue 4081, 10 October 1885, Page 2

COMMERCIAL INTELLIGENCE

DUNEDIN MARKETS.

F«t Cattle— Messrs Doi aid Reid and Co Bold for Smith Bryce 6 heifers, at L 9 2s Gd. Messrs Wright, Stophonson, and Co sold for Mr E Monlove 12 prime shorthorn caws, at from LS 2s 61 to LlO 10*. Fat Calves — Three penned, and sold at 14? to 25 j. A few large calves Drought up t) 53a. Fat Sheep— 2o49 ponnod, of which 754 were merinos, and 32S shorn crossbred wetherc, with 184 t-horn owe?, Tha quality wft* various, but there woro several pens of prime heavy weights, for which there was good competition, Mr Studholmo'a shorn nnoep, bamg good aad of ovon quality, brought full values, as did also beßt merinos ; but on tho whole agents had all thoir work to do to soil, and although thoro wore do b»rgaira, prices of laßt week w«ro scarcely sustained, Prime cros ? breds brought from 15s to 17s; medium, 10a 61 to 13*; shorn crossbred wothera, 10a 31 to 12s ; do ewei, to 10d« merinoß in the wool, 8s 3d to lls 3d,— Donald Stronach sold cmsabrods (mizei) at 12s 9 >, and merino wothers at 8i 3d to 10d ; and quotes mutton 2.^d per ib — Messrs Donald Keid and Co penned 496 head, and sold mutton 2^d per lb. — L. Maclean sold : For M Studholmo, Esq. (VVaimste Estate) 223 shorn orossbred wotheri from 10j 3 1 to lls 3d ; for the New Zealand aud Australian Land Company (Pareora Ebtite), 124 shorn crcsibred ewes at 10* ; and quotes mutton 2| I pc- lb. Wilght, Stephenson, and Co. sold 9D5 ai follows: For Mr John Reid (Elderslie), ICO prime half bred wethors at from 14 j to 143 3 1; for Mr Edward Menlore (Winds >r Par*). 110 orosabred wethers at from 13s 6d to 13i 9J ; for Mr John Douglas (Waihao Down), 120 maiden c osabrod ewes at from 13 to 13s 31 ; for Mr John D uglas (Mount Koyal), 210 prime merino wethers at f om lOi 9d to 11- ; and quote mu'toa at from 211to2Jd perlb. Fat Lambs— Ssventy-fire penned. Mr L Mtolo&n i old 65, prima quilitv, for M Stulholme, E»q», at up to 13a. Wright, Stepheoion, nnd Co sold 10 st lll.3 1. Pigs— 2lo forward, tho larger proportion porker* and bacon pigs, with abjut 50 luokers and a sm&li numbei <f stores. For bacon pigs and porkora especially there wag vory littla ootnpotitun, and p;erlom low prices recede J still further. Wright, Stepbeneon, and Co sold 155 aa follows : Bioon pigs, at from 27 1 to 4 la ; porke s, at from 18 j to 26s ; stores, at from 53 to lll.4 1. L Maolean sold 24 for Mr M Studholmo at from 25 i to 30*. Potatoes— An abundant supply and pricia slightly lower, viz , for Derwents, 703 to 75<j per ton ; kidneys, almost unsaleable. DOUSE MARKET. Meists Wright, Stephenson, and Co. report as follows : Last Saturday's silo xrai well attenrlc 1, nnd under good competition nearly all tho homes forward changed hands at a»ti*factory priaes. Young hoavy draught geldings brought up to L 26, and h'rat>ch:s light-harness rnraoa uptoL2l. NVoqiote hoary draughts et from L 24 to L3O ; medium, LI B to L 22;2 2; nrnt-claas haoka and lightharness lnraes, LlB to L 25;2 5; modlum, LlO to Lls ; light and Inferior, L 3 to LC, NKW ZE<\L&ND GRAIN MARKETS, The New Zealand Loan end Mercantile Agency Comp»ny (Limited) reports as f )llowi : Ddnedin.-— T**9 woather hag beon extremely wet and stormy, and. in consequence, farming operation in a good many districts h»ve been very much retarded. Vor tbe last ten days rr co n change has beon experienced for tha better, and a more genial temperature prevails. With a continuance of the present fine weather, sowing will proceed rapidly with those who have been delayed on account of the rains. Our market iB almost bare of wheat, and only a very limited quontitv oan come forward. O»ta are low in Btock, but thore are quite as many still in the country as at this time last year ; a largo proportion, however, ore scarcely worth shifting, being too much damaged for almost any purpose. Wheat — In the cirlypartof the month very lifctfe buiineis waß done. Dm ing tho last fjw day , however, a britk trade hai been e'. perienced in all olaasea, prime milling, white velvet, nnd Tußcsn realising 33 3d to 3» 4£d • madium, 3i to 3h 2d. Fowls' wheat ia scarce and in rlcmand at from 2i 8d to 2i 10c! accordirg to quality. Oat'— Duiiog the month a large trade haa been paeßing ; an active demand haviDg spiung up for shipmenr, and the offering of cheap freights haß r suited in prices demanded last moath (vJz , 2«) being obtained fjr medium feed, and 2a Id for prime, Fc r the bit two or three daya the demand Ins somewhat slackened, still price 3 are in no way altered. !: tocks are low, and holdtre being firm, preeenfc prices are likely to continue for the next two montha. Barley— This market is quite bare of good to prime quality, but aa malt•tors are nearly all fully supplied, there is not much df manrJ. Milling { s salf abe at 2a 4d to 2a Bd, and feed at Is 9d to 2a 3d, ex ■tore. CnßlSTonuKcn — Spring threshing haß been prosecuted with vigour during the reoant fine weather, and farmers who have held their crop 3 till now are reaping the benefit of enhanoed values. The superior •onditlon in which the spring'threshed wheat ia turning fnt should convince farmers of the undoelrabllity of too early threehing ia a woJit summer. Wheat — The principal transactions have boen in tho newlythreshed Rrain, for which there is a bihk demand at a slight improvement on last month '■ 'price*, Primo winter— eapcoially the hard variotiiß— aro readily placed. Tub- \ can and soft winter havo good enquiry. Second quality wheats bung but little over the prices obtained for chick fed, forwbioh there ia a atrong demand at an advance of 2d per bushel, Oata— The advuuoe noted in

oar last report is well rruiaUlnerj, and prices have further advanced 2d t > 4d. All descriptions are readily bought at quotations as soon aa they are offered on the market. B»rley— Bueineaa has been very slaok ' throughout the month, and hai been confined almost entirely to feed and milling parcels, Quotations are, if anything, lower than last month's. TißrAßr/.— The weather continues dry, and rain iB very muoh wanted^ nevertheless acl vices from tbe country districts report that the crops are looking well. Wheat— The market for prime milling continues firm Daring tho past month there have been placed nevoral lines for shipment and loc»l consumption, namely : Red chaff, up to 2^ 10J ; Tuscan, up to 3 > 3d ; «nd Velvet, up to 3< 4d, all ex etoro, and other transactions are pending at cquil to above rates. Fowls' wheat continues in good demand, and we have made sales at Is 10d to 2a 2 >, ex Btore. Shipments for the past month amount to 14 020 sacks, including 11,703 sacks for London, pot Kaugitikei, Oats — A fair demavd exists far this cereal, and wo havo placed several lines at quotations. 11,565 sacks were shipped during last month.— Barley — Not much buaineß3 Is doing in buley. Wo h^ve quitted a few small lines of medium quality at 2s 6d to 2s 9 ', ex Btore, Oam^ru, — Wheat— Prices with us have not risen since last month's report, Holders of prime milling are not disposed to quit under 3s 3d f o b, whioh figure is still a little abovo buyers' < ffors. At a fchnde under that price wo ba\e placed several largo parcels, in the abEoncj of fowl-wheat, for which tho deitand still keopa up, some little business his been done in inferior, but pricos asked are ralber high for chick-wheat buyers. Oats 1 hero is vory litUc doing in milling snrts. For feed tho demand ia still active, and an,' lots rfferiug fve readily Bold at a Mttlo ovci" last quotat ova. Barley -Prime milting is enquired for, but buyers will not ccme up t'> holder.*' reserves Invkucaeoill — Duiing the past month some very oold stormy weather has been exper enced. whi. h re arded farmers' operati' ns oonsii'erab'y For the last ten days, hewevor, tho weather has been oxc- ptionally tine, end if ?t continue settled, thagrasß will eo>» coino away. Wheat— Stocks are very h^ht and tho quantity in tho district yot to 1 bj threshed out ie email. This fact, taken in conjunction with light stocks held thr ughout this island, point 3to values being wc'l maintained, We have recently placed a parcal of red straw and square : head i\t equal to 3i f o b. Prime White Voivet iB worth 3j 3d fo \\ bags in. Fowlwheafc is in vory Bhorb supply. All souod lines offering are bought at fiom 2a to 2i 41 f o b. Oats Cmsidoiab'o business haa been done during the month iv this cereal, and shipping has progressed vigorously, the rmnth's export* representing somo 27,000 sackp, which bringa the season's total, thus far, up to 219.CCJ saoke. St cks at port are running low, and, contrary to expectations, these havo not yet beon repleuished to any extent by supplies from upcountry, a faci duo, doubtless, to b»d weather early in tho month hwiig reduced the ro.ida to ft condition worse tlrm they had boon iv all wiutor. Dc"livorioe, howovor, aro now becoming a little froor. Pricos , graduilly hardened during the month, till about lOdnya ago Is lOJ'i rod la lid fob was reached for farmers.' parcola of feed. Sinco then, however, valves have weakemd [ in sympathy with Australian marketp, \ which have been affacted by continuous \ large shipments nDd also by the abundance cf green fodder consequent upon tho recent plentiful rains. We now quote for farmers.' parrels — Milling, Is 10^ i to la ll£d; short f^cd. Is9iito la lOil ; and rough feed, Is 8^(1 fob, all ba^B in. Erpor!e - s aro asking a considerable Jidv.wca on theße figure 3 for forwaid dcivc^y contiacfca.