COMMERCIAL.

New Zealand Herald, Volume XXVIII, Issue 8662, 3 September 1891, Page 4

COMMERCIAL.

New Zealand Herald Office, < Wednesday evening. The Customs duties to-day amounted to £1562 ISs Tti. KAURI GUM MARKET. The following is the report of the gum market and ruling quotations, as furnished to us by the committee of gum merchants: — Good ordinary .. .. .. £SS Poor ordinary £30 to £33 East Co.ist .. .. .. .. ~M to X6S Supplies for month of August, C2O tons. The market still remains quiet for all low grades, but really good ordinary is in demand. LIVE STOCK & PRODUCE MARKETS. PAHIATUA. Mr. J. lorks reports :—All sales of stock have been somewhat depressed of late. Ihe continued wet weather, bad roads, and shortness of feed have considerably affected trade. However, August is the most severe month in this district, and with better weather and the growth of crass I expect to see the markets revive, and stock be generally in better demand. The lambing is now in full swing, and the percentage good in all directions, out the severe weather has caused a great many deaths both in lambs and ewes. The cattle trade has commenced much earlier this than on previous seasons, and great numbers of stores are required for the bush country felled last season, where burns have been bad. Large mobs have already arrived from Hav.ke Bay and as far north as the East Cape, some 900 head arriving in one week, and these found purchasers readily in the bush settlements at prices much in excess of last season's. Beef lias been scarce of late, the local butchers having to travel some distance to purchase for their business. A large draft of fat bullocks passed through en route to Wellington, having been purchased by the Gear Company from the famous Te Ante Run, near Napier. They are for export to Europe, and the company's buyer informs me, when killed at the retone works, the first draft averaged 10001b per head. In ewes I received a draft of 1000 from Hawke's Bay, and placed the whole lot privately to various settlers at the following rates :—Best Lincoln Cotswolds in lamb to Lincoln rams, 13s (3d and 133 3d : second-clas3, 12s to 13s. Also a draft of hoggets: First-class, 10s to lis 6d; secondclass, 93 to 9s 9d. In wethers, heavy weights

made 10s. or 3d per lb ; medium weights, 143 to los. Fat ewes : First-class, 13s to 13a 6d, or --'id per lb. In beef the only lines passing through my hands have been light weight steers, fat cows, and heifers, steers making £5 to £5 10s; cows and heifers, £3 5a to £4 10s, or about 15a to 13s per 1001b respectively. In stores the figures have made higher relative values, large steers selling from £3 15s to £4 7s 6d ; two and three-year-old steers, 55s to tisi; yearlings, 30s to 35s ; calves, 203 to '233. Breeding cows, in view of breeding and the prospect of a general scarcity in cattle, have much improved in values, and good cows, which were oiTered_ at 45s to 50 some time back, now make Goato7Cfa. In horses the trade has been very dull, and only a few good, useful draughts and serviceable hacks changing hands, draughts (with a trial) mak* £18 to £20; hacks. £8 to £10; but for inferior hacks and old crocks no offers were made. In produce only wheat has improved in value, and that cereal is scarce at 53. Oats remain steady at Is 8d to Is 9d for feed sorts; straw chaff, 353 ; sheaf, 60s to 70s. I have held two sales recently <af fruit and ornamental trees, but the bidding in each case was slow, several parcels of iruit trees being passed at Sd each. Sales in furniture, unless second hand, are rather dull, and the demand for either cluss being rather limited.

MASTERTON. Messes. Lowes and lorns' Report.— We held our regular sale on Aug. 20, and, although the stock which oame forward was in excess of advertised catalogue, it was a smaller sale than usual at this time of year, the absence of young cattle being most noticeable. All the entries of both sheep and cattle were sold at prices favourable to vendors, notwithstanding the fact that fat sheep are a • little easier. The first line of 250 wethers were grand sheep, and realised 178 ; other fat wethers brought 15s 9d to 16s Cd; fat ewes, light weights, 13s 3d ; forward empty ewes, good wooiled sheep, 123 ; ewes to lamb late, 12s 3d to 12s 7d; fat bullocks, rather plain, £5 10s to £6; heifers, light weights, 745; fat cows, 92s (Jd_; dairy cowa, Cm to 80s; yearling heifers, 353; two-year-old heifers, 403; two and a-half-year-old heifers, 57s Gd.

HAWERA AND MANAIA. Messrs. Tonks, and Co.'s Stock Report.—On the 20th August, at our usual Hawera sale, the yards were well filled with cattle and sheep. Bidding for _ all classes was exceptionally spirited, resulting in every line being cleared. We held a clearing sale on the 21st August of Mr. J. Fletcher's dairy stock. The quality was exceptionally good, it being generally admitted by those present that, as a whole, they were the best dairy on the coast, the opinion being fully borne out by prices obtained. Wo sold 73 cows and heifers at an average of £5 3s 9d, the top price reached being £8 2s Gd. At Opunake on the 25th there was a good muster of stock, all of which sold, excepting two small pens. At Manaia, on the 27th, our usual monthlv sale was held. More stock than advertised 'came forward. Bidding was particularly keen, all lines being disposed of. We quote at Hawera Yearling steers, 39s to £2 ss: eighteen-month steers, £2 14s; two-year-old steers, £2 los to £3 8s; two and a-half-year-old steers, £3 10s to- £3 13s; three-year-old bullocks, £4 2s Gd to £4 9s; forward bullocks, £4 19s ; fat bullocks, light weights, £5 lis to £5 17a; yearling heifers, 30s; two-year-old heifers, £2 10s to £2 16s ; cows, £- 18s to £3; cows, forward in calf, £4 to £4 10-3. Sheep : Ewes in lamb, 13s Id ; wethers, 13s Del. At Opunake : Yearling steers, £2 2a to £2 4s 0d ; two-year-old steers, £3 '2s ; two and a-half-year-old steers, £3 17s; eighteen-month-old mixed sexes, £2 to £2 7s ; cows, £2 17s to £3; springers, £4 10s to £4 15s. At Manaia : Yearling steers, £2 7s ; eighteen month steers, £219 a Gd; two-year-old steers. £3 10s to £3 15s Gd; two and a-half-year-old steers, £4; weaners,23s6d to 34s ; vveanersto yearlings, 30s to £2; two-year-old heifers. £2 3s Gd to £2 15s; store cows, £3 93 to £.3 lis; cows, close to calving, £3 19s to £'4 us ; cows and calves, £4 12s Gd; springing heifers, £4 5s to £4 12s Gd ; milkers, £5 7s Gd to £5 15s ; fat cows, £3 10s. Sheep: Hoggets, 13s 3d. „ K JOHN SON VILLE. _ , Mkssrs. Freeman R. Jackson and to. 3 Stock P.KI'OUT (by telegraph on Wednesday). —Fat cattle came forward in moderate numbers. The quality was fair and, weight varied. Bidding at the outset was dull, but improved after a few lots were passed in, and on their reappearance made advanced values, but the bulk of the entryremained on hand for private treaty. Sheep in average supply, were well competed for throughout. The better class of bullocks made from £7

to £7 17s 6d; medium, £6 15s to £6 l^sjQcl; indifferent, £5 10a; equal 17s 6d per 1001b. Sheep: Wethers, 178 lOd to 19s Id ; others, 17s 3d to 17s 8d; awes, 15a lOd ; shorn ewes, 10s lOd. Pigs, insufficient for quotation. AUCKLAND STOCK EXCHANGE. Auckland, September 2, 1391.

Joseph Newman, S. Vlckars, J. Kriar Clarke, It. Frntor, J. M. Lennox, D. H. McDonald, 1). O. MacDonnuU, Altitun Carrick, H. Spratfc, Frauci* Hull, James Heid. H. O. Mscky, T. A. Munaiea, James FrateT, Q. F. Brimblecouibe, A. Brodie. C. alkxamdku, Chairman.

CAT J. AND DIVIDEND LIST CALLS. *' -. '<• Due. Orlando G.M.Co. „ .. 0 0 3 . Sept. C Harelbank Q.M.Co .. .. 0 0 8.. Sept. 8 Eminence G.M.Co 0 0 1.. Sept* 0 Sylvia Gold ami Silver Mining Company 0 0 0.. Sept. 9 Great Mercury 0.M.C0. ». 0 0 6" *. Sept. 9 Waitemata 0.M.C0. — ..001.. Sept. 12 Walhl G.M.C0... .. 0 6 0 .. Sept. 1C City of Dunedtn .. ..001.. Sept. IS Waltalft 0.M.C0. .. .. 0 0 1.. Sept. 18 Pride of the Hills 0.M.C0... 0 0 1 „ Kept. SO DIVIDENDS. . Bank of New Zealand .. 0 X .. Aug. 17 Union Bank of Australia .. 14 X —• — Te Aroha Gold and Silver Mining Co. .. - - 00 4 .. Sept. 1 Thames Uas Co 0 13,. Sept. 7 B T TELEGRAPH. DUNE DIN OATS. Duxedin*, September 2.— tone of the market, if anything, is in favour of sellers, but any extra demand existing is for really well-grown bright short oats. Two steamers having loft for Sydney this week doubtless caused a little more demand, but now these are gone, the tendency will be towards a curtailment of operations, unless very low freights offer. In the meantime stocks are being steadily reduced, and, although higher rates may not be secured, there is a concensus of opinion that prices now current will, at all events, continue firm. Prime milling, Is CM to Is 7d; extra prime, a shade more: best bright short feeds, Is 0d to Is 6id : medium, Is 4d to Is sjd ; inferior, Is to Is 3Jd; small lota, suitable for seed, Is 8d to Is lOd (ex store, sacks extra, net 2d more, f.0.b., Dunedin). I AUSTRALIAN. Press Association.— Telegraph.— Sydney, September 2. Wheat, chick, 3s 6d to 3s 9d; milling, sa; flour, stone, £10 15s to £11; roller, £12 to £li 10s ; oats, feeding, Is lOd to 2s Id; seed, 2s Id; maize, 2s 3d; barley, Cape, 2a 3d peas, Prussian blue, 3s4d; bran and pollard, 9d ; potatoes, New Zealand, £2 to £2 ss; Circular Heads, £2 15 to £3 6s ; onions, £3 to £4 ; butter, local dairy, Is 6d ; factory, Is 1M; cheese, 5Jd to 7d; bacon, machine, 5d to 6d ; hand-made, 6d to 7d; hams, Now Zealand, lOd to lid. t Melbourne, September 2. Wheat, 5s 4Jd; flour, roller, £12 10a, trade shy : feea grains dull of sale : oats, Calcutta, Is to 2a; New Zealand milling, in bond, 2s; maize, 3s lOd ; barley, Cape, 2s; maltisig, 3s 2d. - . . Adelaide, September 2. Breadatuffs quiet, but firm, holders being indisposed to sell. Wheat, 4s lid to 53. Flour : Stone, £10 10a; roller, £11 10s. NewZealand oats, in bond, 2a 2d to 2a 4d. Barley: Cape, 2s 4d to 2s 6d ; English mult ing, 2s 9d to 4s. Bran and pollard, Is Id. LONDON COMMERCIAL. Prw Association.-'Electric Telegraph.—Copyright. London, September 1. The wool sales opened to-day at Antwerp. Bidding was brisk, and there was a large attendance, but prices did not come up to those previously realised. There was an average fall of 10 centimes, compared with the closing rales of last series. Nineteen hundred bales were sold, the prices being id per lb below London June rates. Three months' bills discounted at 2i per cent. ■ _ ______

Company, Buainuai. Closing Prices. —• - Buynrii. So liar BANKS : & • d & * <1. Now Zealand .. — — 5 J? 5 National .. .. - „ -J l 2 Colonial .. .. — 210220 Insukanck: South British .. 82/ — — Union .... — 17 3 — Miscui.i.APiKOUa : . „ Auckland tins .. — - 10 * J N.Z.&Il.P.UndM; - 0 7 6 0 8 6 N.Z. Loan & Met. .. — 2 10 0 — MINING : „ „ May Queou .. . . — — 0 i 10 New Moanatainti.. — —088 Saxou .. .. — 00000C Alburn la .. .. — 03 8 0 2 0 Caledonian .. .. — — 0 J •> Dives .. .. "1/2 - 0 14 Norfolk .. .. — — 9 } 9 Victoria (T.) .. — 0 1 4 0 1 « Calliope .. .. — -* 0 0 7 Consols .. .. — 0 10 0 11 Hazeibank.l/Opd.up 2/4 — 0 2 5 Woodstock.. .. — — 0 2 0 Waihi .. .. - 0 IS 010 0 Silterton .. .. 2/0,2/7 - 0 210 Jty Muke ». .. 4/V, 4/10 0 4 9 — Sylvia .... - - 0 10 0 Owem .. .. — — 0 10