COMMERCIAL NEWS

New Zealand Mail, Issue 850, 15 June 1888, Page 15

COMMERCIAL NEWS

' The Customs duties collected at _ the port ofSYVellington for the week ending Saturday amounted to £2307 Ss 9d. Beer duty, £9O 2s 3d. : ••

George Thomas and Co. report produce prices as follows : —The upward tendency noted during the past few weeks in oats has culminated in a strong advance of to 2d per bushel; the demand for Sydney and Melbourne is very great, and it is to this factor that the increase in values may be traced. There are also general inquiries from the same markets for prime salt butter, which has every appearance of being good stock to holders who have already concluded purchases. Best qualities in cheese are firm at advance on last reports. Already the effect of the prohibitory tariff may be noted in the greatly diminished quantities contained in the usual weekly consignments of fruit, shippers of Tasmanian apples and pears preferring to drop New Zealand in favor of increased exports to Sydney. There is every prospect of high prices ruling for these lines in the near future, as at present the local growers cannot at all meet trade demands. We quote : —Flour, £8 10s to £9; bran, £3 103 ; pollard, £4 ; fowls' wheat, 2s fid to 2s lOd ; short oats, 2s 3d ; long do, Is llid to 2s ; oatmeal, £9 10s to £10; chaff, £2 15s and £4; feed barley, 2a 9d to 2s lOd; beans, 3s 6d ; peas, 3s 3d to 3s 6d ; garden do, 7s ; carrots, £2 10s ; Derwent potatoes, £2 10s to £2 15s ; Bath and Lapstone kidney seed, £5 per ton ; rye grass seed, 3s 6d ; Italian rye, 3s 6d ; cocksfoot, 3£d ; maize, 3s 9d to 3s lOd ; pearl barley, 22s 6d ; split peas, lss; cheese, 4-id ; fresh butter, Is; salt do, Sd ; hams and bacon (uew cure), 7id; lard, 3-Jd ; honey, 4d in large and sfi in small tins ; turkeys, 7s 6d ; ducks, 3s 6d ; geese, 6s ; and fowls, 2s fid to 2a 9d per pair. Oranges, 6s Gd to 7s 6d ; mandarins, 9s to lls ; lemons, 10s to jls fid ; pine. l3 , 15s ; peanuca, case.

, Messrs Edwards and Mcßeath report ; The market is rather quiet, country business being the principal part. Messrs Arthur Warburton and Co. report for the week :—Banks : New Zealand, buyers £l2, sellers £l2 10s ; Colonial, sales 43s 6d, : sellers 445, buyers 43s ; National, buyers 365. Insurance —New Zealand, 82s ; South British, buyers 40a, sellers 42a; National, buyers 17s ; sellers j7s fid ; Union,24s to-24s 6d ; Standard, 1.4 s to I4s 6d 5 Colonial, 4s; Accident, 6s fid. Miscellaneous —Loan and Mercantile, Sis; Land Mortgage, 20s to 21s, cum div ; National Mortgage, 9s 6d (0 103 ; Mosgiel Woollen, 63s to 70s ; Kaiapoi, 50s ; New Zealand Drug, ISs ; Wanganui Gas, bnyers £l2; Gisborne Gas, buyers £1 3s; Napier Gas, bnyers £l4; Westport Coal, 4Ss to 50s ; Wellington Trust and Loan, £6 53; Equitable Building, £6 15s ; Wellington BuiidiDg and Investment, £5 15s ; Northern Laud and Loan (in liquidation), sellers 40s, buyers 35s ; Gear Meat, sellers 655. Gold Mines—Welcome,sellers lls ; Progress,sales 20s, buyers 20s ; Argosy, sellers Is Id ; In. kerman, sellers 4s fid ; Keep-it-Rark, buyers 26s ; Big Riyej’s, buyers 10s 6d ; Globe, 34s to 35s ; United Alpine, buyers 14sThe principal event of the month being ■ the delivery of the Budget, the business generally has been of a speeulatve kind. In anticipation of an increase in the duty of certain articles large clearances were made. By some moans the information had leaked out of what goods would be advanced, notably tea, salt, and matches. In these lines large clearances were made by some of the leading merchants. Until the new t-iriff is finally settled business will be quiet, and not much beyond sorting up orders will be given. A good deal of tea has changod hands during the mouth ; and the rumor that the next China crop in certain districts will be considerably under the average has strengthened speculation. A good fair business has been done in sugars at fully late -prices. Fruits are without change, and the prices paid are not very satisfactory to holders. Rice is freely inquired for; Japan and Putna hire selling at £l3 to £l4 per ton. The metal market 'has been 'quiet. Leading brands of galvanised been' placed at* £l9 to £lO 10s per ton. Cement is a little and'has been selling'hp ‘to 13s per barrel. ' Oils are slightly dearer. Raw linseed is ligjht stocked. Kerosene is in ‘ increased demand,'and‘stock's are not heavy. Mr D. T. Stuart reports for week to date : Banks —New Zealand, £l2 to £l2 '2s fid ; Colonial, ‘43s fid'; National, 36s t0~37s ance—Colonial, 4s, to 5s • National, buyers J7s3i ; New Zealand, B,os to 82s; Standard, 13s 0d to 14s 3d : Union, 243 to 24s QJ 3 New Zealand Accident, 6s 8d to fis fOd. Various—Westport Coql, 40s to 508, sales 49s ; National Mortg'age, 9s Cd ; Loan and Mercantile, 79s to 81s ; Drug, fßs Gd to 10s ; Mosgiel Woollen, 09s to 70s, sales 70s ; New Zealand Laud Mortgage, 20s to 20s fid cum. Gold shares —Big Rivers, 12s ; Darks, 355; Globes, 33s Gd ; Progress, buyers 20s ; Alpine’s, buyers 14s ; Welcomes, 10s fid t.o fls fid.

Messrs Freeman R. Jackson andCo. ? s (Jphn.sonville) stock report: Wp had a large entry of cattle for the sale to-day. Reef was of medium quality, and light weights ; np prime came forward, Tfie biddipg wasferjsk, and previous sale’s ratps wpre wall maintained.' Sheep werp at better values, and made fully Is Cd per head over last market’)? quotations. The pigs yarded werp well fatted, and sold freely, Veal calves werp not equal to those sold a fortnight ago as regards quality, and some were too large. Beef made from 15s to 16s the 1001 b ; wether mutton, a shade nnder per lb. Cattle —A line of bullocks from Feilding brought from £5 17a fid to £7 ; the lots from Wairaranq respectively

£5 15s 7d and £5 9s 3d ; a draft from Rangitikei made £5 2s fid to £6 ss, averaging £5 lls Bd, realising £ll to £2l eaoh. Sheep—Wethers, 12s 4d to 13s lid ; lambs, 7s Sd to 8s; no ewes entered. Pigs— Bacoue'rs, £2 Is to £2 15s; latge potkera, 24s to 3Ga ; others, 17s 6d to 21s. Messrs Stevens and Gorton’s sale at Bulls yesterday was well attended. The entries comprised about 6000 sheep and 300 head of cattle. Sheep were firm at recent rates and cattle in better demand. Quota-: tions :—Fat cows, £3 7s Gd ; two-year-old steers, £2 ; store cows, £1 10* ; dairy cows,: £3 to £4; mixed yearlings, 22a ; well-bred weaners, 19s ; fat wethers, 9s 6d to 10s fid; four-tooth wethers, 9s 6d ; two-tooth ditto, Sa 6d to 9s 4d ; Lincoln ewes in lamb, 8s and 9s; culled ewes in lamb, 4s 6d to 5s Gd ; fat ewes, 6s 6d to 7s; shorn lambs, 6s 4d; woolly lambs, 7s; 'store pigs (small), 8s 6d. MASTERTON STOCK SALE. Messrs Lowes and lorns report of their stock sale yesterday week : All stock entered came forward and all sold under the hammer; prices being firm and slightly in excess of former sales. We penned 2200 sheep, which sold as follows :—Fat wethers, medium weights, 9s lOd; small, 8s to 8s 9d; fat ev r es, 7s 9d to Bs, being 2d and l§d per lb respectively ; store wethers, ordinary, 7s 6d ; dry ewes, 6s; breediug ewes in lamb, 5s for medium to 7s 9d for good ; merino- ewes in lamb, 2s fid. In cattle, we yarded 76 head, being mostly large. Beef, plain,, made fr<~m £4 10s to £4 15s, or 13s 6d per 100 lb ; cow and heifer beef, 45s to 555, lls fid per lOQlb j store bullocks, 50s to 60s ; small steer?, 40s ; store cows, 30a; dairy beifeis, 40s to 60s; dairy cows, £4 10s.

CHRISTCHURCH MARKETS. (per press association.) Christchurch, June 8. Christchurch retail prices :—Fresh butter, Sd to lOd; eggs, Is 2d; cheese, 3d to4d; beef, 3d to Sd ; mutton, 2d to 5d ; pork, 5A to 7d ; ham, fid to lOd ; bacon, fid to 9d. Wholesale produce prices—Wheat, prime milling, 2s 7d to 2s 9d ; medium, 2s fid ; oats, milling, Is lid ; bright short feed, Is lOd ; barley, prime malting, 4a Id to 4s 4J ; prime medium, 3s 2d to 3s 9d ; peas, blue Prussian, 2s 6d to2s7d ; potatoes, Perwents, £lto 112 s fid; onions, £2 to £2 15s; butter, prime, 7|d toßd ; "cheese, small loaves, B§d ; other si?es ? 2Mto§d; hams and b§con, in cloth, fid 7§d ■; flour, 'firsts, £7 10a to £8 10s. Rive stock prices—Fat-cattle, prime, 17s fid to 18s per 1001 b ; inferior to fair, 14s fid to lfis 6d ; store cattle, heifers, £2 to £2 10s ; dairy cows, £fi to £7 ; fat sheep, prime, pep lb ; inferior to fair, to 2d ; store sheep, crossbred wethers, to 8s fid ; ewps, fis 5d to fis fid ; merino wetbeps, f}s 0d ; pwes, 2s ; pigs, 3d to 4d per lb , baeohprs, fifis to 555. Horses—Unbroken draught colts, £ls • plough horses, £l2 to £lfi ; light unbroken stock, £4 to £9 ; fair hacks and light harness horses, £8 to £l2.

WELLINGTON MARKETS.

At Hatfield, on the Marquis of Salisbury's estate, the river Lee is utilised to generate electricity, which is transmitted to the house aud over the estate for a variety of purposes. _ ’

Wholesale Pricks FARM AND PAIRT pRQDU.OE £ 0. d, $ B. d Milk, fiuart 0 0 4 to 0 0 0 Butter, fresh lb ? - 0 o 40 to 0 i 0 Salt butter • - 0 0 9 to 0 0 § Cheese, Col. 0 0 3 to o' 0 4 Eggs, dozen - 0 0 9 to 0 i 4 Lard, lb. - - 0 Q 4 to 9 0 5 Bacon, lb. • - 0 9 9 to 9 0 7 Ham, lb. - 0 9 7 tQ 0 0 ■8 Fowls, pair r 0 3 3 to 9 2 6 Ducks, pair • 0 3 9 to 9 4 0, Geese, each • • 0 2 9 to 0 3 0 Turkeys, each 9 i 9 to 0 5 6 Hat anp Corn MARjfKp. £ s f d. £ s. d Maize, Poverty Bay - 0 0 0 to 0 0 0 Oats, feed r r 0 1 10 to 0 3 0 Wheat do * - T 0 2 9 to 0 3 3 Carrots * r T a 6 0 to 0 0 0 Hay, ton » • 4 0 0 to 0 0 0 Oaten, ton ♦ 4 0 0 to 0 0 0 Straw, ton . 3 0 0 to 3 10 0 Chaff,— . , 3 5 0 to 4 5 0 Oaten hay . 4 0 0 to 0 0 0 Wheat straw . 3 0 0 to 0 0 o' Onions, per ton - - 4 0 0 to 0 5 0 Potatoes, per ton- - 2 0 0 to 2 10 0 Flour Market. £ s. £ s. d Sharps, per ton - • 3 10 0 to 0 0 0 Bran per ton, - 3 0 0 to 3 0 0 Adelaide Flour, per ton 12 0 0 to 12 5 0 Colonial Flour - 9 0 0 to 10 0 0 Oatmeal . 10 0 0 to 10 0 0 Pearl Barley - is e 0 to IS 0 0 Seeds, ■ -.v . . ■ . £ s d £ 8, d Ryegrass, bushel . o l 2*‘ O' to 0 "3 ’6 Cocksfoot, lb. • 0 o 3 to 0 0 4 Wt. Clover, lb. - . 0 9 10 to 0 0 6 Red, do . 0 9 3 to 0 0 9 0 Alsyke, lb. - . 6 0 10 to 0 0 Cow Grass, lb. - 0 0 7 to ,Q 0 f Timothy, lb. - 9 0 0 9 t 3 0 Q p RapB b. 6 3 f° b 6 9 Linseed, per pwt. * 6 46 0 to o 0 0