COMMERCIAL NEWS

New Zealand Mail, Issue 767, 12 November 1886, Page 19

COMMERCIAL NEWS

MESSRS FREEMAN R. JACKSON AND CO.’S REPORT.

At Johnsonville yesterday week the yards were quite full of really first-class stock. Prices for beef amd mutton were without alteration. Pigs were at slightly lower values, the quality not being so good as at last sale. We sold a small draft of unbroken draught horses at fair values. Our quotations are :—Bullocks, L 7 7s 6d to L 9, according to size and quality; fat cows, L 5 to L 6 ; wethers, 10s to 10s lOd ; ewes and wethers, light weights, 8s 4d to 8s lOd ; porkers, 16s to 25s ; larger sorts, 27s to 31s ; colts, Ll 4 to LlB 10s ; fillies, LlO to Ll 6. We quote beef at 17s 6d to 18s the 1001 b ; mutton, If per lb.

MESSRS CHAS. POWNALL AND CO’S REPORT.

Messrs Chas. Pownall and Co., mortgage

agents, report that business during the last month has remained almost stagnant, with quotations unchanged, the rate of interest remaining nominally to 8 per cent. Money is unobtainable in any large amounts, the banks having monopolized it by their extreme offers of 6 per cent, on deposit for twelve months. Wool, notwithstanding the strong, attempt to stultify the late rise as fictitious, will ease our money market considerably, by circulating about three-quarters .of a million over last year through this country. The enormous loss of sheep in South America and Australia must drive foreign buyers into the English market, and we look therefore for certain further advances in place of any decline in value.

The Customs duties collected at the port of Wellington for the week ending on Saturday amounted to L 3761 4s lOd. Beer duty, Lll9 8s lOd.

Messrs George Thomas and Co. report produce prices this week as follows : —“ Business continues dull for all descriptions of grain, but 1 an active demand exists for the opening lines of spring products. Oats continue to meet a drooping market, and there is every prospect of prices still further reducing should no outside demand become shortly apparent; present rates are from 2s 6d per bushel; oatmeal has receded in value, and now stands at Ll2 10s ; fowl wheat is in moderate request at 4s 6d for whole and 43 for broken grain ; feed barley is quiet at late values, 2s 9d to 2s lOd ; maize, even at the low figure of 3s 6d - per bushel, will not tempt buyers to purchase largely, and sales are quite of . a retail character; old potatoes are but_ lightly inquired for, and values are from 25s t 0.405, according to quality. The following lines areunaltered in price and demand : —Flour, stone LU 10s, roller process Ll2 ; bran and pollard, L 5 ; onions, Ll 4 ; cheese, 6d to and bacon (Canterbury), 7d, farmers’ cure, 4d; fresh butter, 6d to 7-|d ; inferior, 4d to 5d ; salt do, prime 8d; pastry sample, 3d to 4d ; honey, 3d to 5d ; lard, 4d to.sd. The value of new potatoes has improved in consequence of the arrival of small shipments, and are now in full demand at Id per lb for wholesale parcels, while retail quantities should be worth an advance on that of Jd to Jd jper lb ; rhubarb finds ready sale at 4s 6d to 5s per.doz; green peas, Is 6d per peck ; eggs, 9d, with a slight upward tendency. We report poultry without alteration. Supplies of fruit have been well sustained, and such descriptions as oranges, lemons, mandarins, pines, Hobart apples, bananas, cocoanuts and peanuts are now on the market, and on the whole prices all round are satisfactory.” Messrs Cooper and Steward report wages as follows : Carpenters, 10s ; bricklayers, 12s ; painters and glaziers, 9s ; plumbers and gasfitters, 10s ; blacksmiths, 9s to 10s; labor and pick and shovel men, 7s; draymen, 42s to 50s ; coachmen, 30s to 35s ; grooms, 20s to 30s ; storemen, 30s to 50s ; gardeners, 7s; hotelmen, 20s to 40s; cooks, 25s to 40s ; female do, 15s to 255; housemaids, 12s to 18s ; general servants, 9s to 15s ; nursegirls, 5s to 10s ; barmaids, 25s to 303; milkmen, 15s to 25s ; farm hands, 15s to 25s ; boys, 5s to 12s ; waitresses, 15s to 20s ; laundresses, L3O to LSO ; married couples, L7O to L9O. Messrs Arthur Warburton and Co. report for the week : —Banks —New Zealand, sellers, LlB 15s; National, 35s to 37s : Colonial, 41s to 425. Insurance—New Zealand, 65s to 67s ; South British, 27s to 28s ; National, 15s 6d„ cum div, ; Union, 20s 3d ; Standard,los; Colonial, 4s 6d, buyers, 4s 3d ; Equitable, Is; New Zealand Accident, 3s ; Accident Association, Id to 2d. Miscellaneous —New Zealand Loan and Mercantile, 80s ; New Zealand Land Mortgage, 20s to 21s; National Mortgage, 17s 6d _to 18s 6d; New Zealand Shipping, sellers, 355; Union Steam, Ll2 ; Mosgiel Woollen, 79s ; Kaiapoi Woollen, 85s; New Zealand Drug, 15sj; Napier Gas, Ll 3; Wanganui Gas, Ll 3, cum div; Kaitangata Coal, Ll 3; Westport Coal, 10s ; Wellington Trust and Loan, sellers, L 6 9s ; Equitable Building, L 6 10s ; Wellington Gas, Ll 9 and L 9 10s ; Manawatu Railway, sellers, 19s ; Gear Meat, 70s. Messrs Arthur Warburton and Co. report having received the following telegram from the legal manager of the Globe Gold Mining Company: —“The mine manager reports winze down 33 feet, solid stone ; prospects better than surface.”

WELLINGTON MARKETS,

Wholesale Prices. FARM AND DAIRY PHOnUCE. £ s. d. £ s. d. Milk, quart - 0 0 4 to 0 0 5 Butter, fresh ■- unsaleable Salt butter - - unsaleable Cheese, Col. 0 0 7 to 0 0 ' 7h Eggs, dozen 0 0 9 to 0 0 10 Lard, lb. _ 0 0 51? to 0 0 Bacon, lb. - - • 0 0 5A to 0 0 6J Ham, lb. . 0 0 7| to 0 0 8 Fowls, pair - 0 3 0 to 0 3 3 Ducks, pair - 0 3 6 to 0 4 0 Geese, each 0 2 6 to 0 3 0 Turkeys, each - 0 4 0 to 0 4 6 Hay and Corn Market. £ s. d. £ s. d. Maize, Poverty Bay - 0 0 0 to 0 4 0 Oats, feed - - 0 2 8 to 0 2 10 Wheat do - 0 3 9 to 0 4 3 Carrots • 2 5 0 to 2 10 0 Hay, ton 4 0 0 to 4 10 0 Oaten, ton - 4 15 0 to 5 0 0 Straw, ton • 3 0 0 to 3 10 0 Chaff,— - . 0 0 0 to 0 0 0 Oaten hay - - 4 0 0 to 5 0 0 Wheat straw . 3 0 0 to 3 5 0 Onions per cwt - - 0 11 6 to 0 12 6 Potatoes - . glut and unsaleable Flour Market. Wholesale. £ s. d. £ s. d. Sharps, per ton - - 6 0 0 to 6 10 0 Adelaide, per ton . 11 15 0 to 12 0 0 Bran, per ton - 5 10 0 to 6 0 0 Colonial Flour . 11 10 0 to 12 0 0 Oatmeal , 13 0 0 to 13 10 0 Pearl Barley - 17 0 0 to 0 0 0 Seeds. £ s. d. £ s. d. Ryegrass, bushel . 0 6 0 to 0 6 6 Cocksfoot, lb. . 0 0 0 to 0 0 3| Wt. Clover, lb. - . 0 0 10 to 0 0 0 Red, do . 0 0 9 to 0 0 10 Alsyke, lb. - - 0 0 10 to 0 0 0 Cow Grass, lb. - - 0 0 7 to 0 0 9 Timothy, lb. - 0 0 6 to 0 0 0 Rape, lb. - 0 0 4 to 0 0 0 Linseed, per cwt. - 0 16 0 to 0 0 0