COMMERCIAL NEWS

New Zealand Mail, Issue 889, 15 March 1889, Page 24

COMMERCIAL NEWS

Laery and .Co. report Bales for the past weekFoWtoeß, £4 to £4 10s ; onions, £6 l‘9 s to £7 ; oats, 2s 6d to 2s 7d, very little doing ; pollard, £4 10s to £4 15* ; bran, £4 to £4 7s 6d ; oaten sheaf chaff, 75s to 85s ; straw chaff, £2 10s to £2 12s 6d ; mai»e> 3s 9d nominal ; wheat, 4a ; fowl#’ Wheat, 3s 6d nominal; malting b&rlfey. 3S 9d to 4s; feed barley, ttfthfi ; iioiir, £19.. 16 £lO 10a; o&fcßi&aii £l3; bao'qn, fid to 7d { hams, 7d to 9d ; cheese, 6|d to s£d for large size; loaf 'che'ese, fid to 6£d, sales dull; fresh butter, M to lOd ; salt butter, Bd, nominal; Sggs, Is 2d to Is 3d ; turkeys, 7s to 8s ; geese, 6s ; ducks, 3s 9d ; fowls, 2s 9d to 3s per pair, not much demand; oranges and lemons, season over; pines, 53 6d; bananas, Is 6d to 4s; apples, 5s to 7s; peaches, 10s 6d to 15a per case ; plums, 5a to 6s 6d per half-case; figs, 7s 3d to 8s ; dates, 5d ; inferior sorts* 4d; Barcelona nuts, Gd; almond hilts, 9d; cooksfoot grass seed* 3d ; rye grass seed, 3s 5 rape seed* 2d-, all nominal, and we regrCt to say there is no improvement in the grass seed market. Flax is without any alteration since our last report. There is a steady demand still for all kinds of good sound fruit. The press telegram published in our local papers of late dates would lead New Zealand farmers and produce dealers to believe that there is a golden harvest in store for them in the requirements of New South Wales during the next twelve months, bnt we do not by any means pin our faith to this idea ; we rather feel inclined to believe there will be a steady demand for our produce for that colony, but nothing phenomenal. The Customs duties collected at the port of Welling! ou for the week ending Saturday amounted to £7528 16s Id. Beer duty, £l2O 16s 2d.

George Thomas and Co. report produce prices as follows :—The reported deficiency in the Australian whoat crop will no doubt have the effect of stiffening values in New Zealand, and we look forward to the present rates for flour remaining unaltered. Oats are offering somewhat freely from southern centres, principally clearances of the old grain. A good many samples of the new harvesting of exceptional quality are on the market from Blenheim and the Waiiarapa districts; the market is weak in tone, and quotations remain unsettled. In potatoes consumers derive their supplies almost entirely from the Hutt farmers, and therefore operations from outside sources are almost at a standstill; stocks locally are now becoming light, and importing will shortly be a matter of necessity. Oats rule from 2s 7d to 2s 9d ; oatmeal, £l4 ; oaten sheaf chaff, £4 5s to £4 10s ; straw do, £2 15s to £3 ; milling wheat, 3s 9d to 4s; fowls’ wheat, 3s 6d to 3s 9d ; roller £lO 15s ; stone process, £10; bran, £4 5s ; pollard, scarce £4 15s ; feed barley, 2s 9d to 3s ; pearl barley, £18 ; maize, 4s 4d ; feed peas, 3s 6d to 3s 9d ; beans, 3s 6d to 3s 9d ; split peas, £ls ; potatoes, £4 15s to £5 ; onions, £6 to £7 ; cooksfoot grass seed, 3d per lb ; rye grass, 3s 6d to 4s 6d ; eggs, Is 3d ; cheese, 57$d to 6d ; bams and bacon, BJd ; honey, 4d to sd; salt butter, 8d ; fresh, 8d to 9d. Local fruits, principally pears, apples, and peaches, have occupied attention this week, and prices show an improved tone ; shipments from Australia are now becoming like ** angels’ visits.” Fowls at 2s 6d ; ducks, 3s ; turkeys, 7s ; and geese, ss, are neglected. Messrs Arthur Warburton and Co, report on the share market for the week :—Banks —New Zealand, (old issue', £8 10s ; (new issue), £8 2s ; National, sales 355, sellers 36s ; Colonial, 44s 6d cum div. Insurance- New Zealand, 77s ; South British, 40s to 41s, cum div; National, 19a to 19s 6d; Union, 25s to 26s ; Standard, 14s to 14s 6d; Colonial, 3s 9d to 4s; Accidonfc, 7s 6d. Miscellaneous—Loan and Mercantile. 68s ; Land Mortgage, 17s Gd ; National Mortgage, Us to 11s 6d ; New Zealand Shipping, 60s ; Union Steam, £ll 10s; Mosgiel Woollen, 78s ; Kaiapoi, buyers 57s 6d, sellers 603 ; New Zealand Drug, sellers 22a cum div ; Wanganui Gas. £l2 10s ; Westport Coal, 50a ; Wellington Trust and Loan, buyers £6 5s ; Equitable Building, sellers £6 17s 6d ; Wellington Building and Invest, ment, £6 : Wellington Gas, £l7 10s, £8 15s, and £2 ; Gear Meat, sales 81s ; Wellington Moat Export (£2 paid), £2. Messrs Arthur Warburton and Co. report the following returns of amalgam from the Reefton mines for the week: —Keep-it* Dark, 3390 z from 168 tons; Globe, 181 oz from 170 tons.

Messrs Edwards and Mcßeath report on the labour market :—There is still a fair demand for servants, both for town and country. F. R. Jackson and Co.’s report on the Johnsonville cattle sale Wednesday : —Just double the number of cattle advertised came forward, about one-third being beef ; of the remainder perhaps the least said the better, suffice it to' say they were the most ordinary of stores, and as a matter of course found no purchasers among the butchers. The majority wore turned out unsold. The bidding for anything like beef was biisk and made

ruling rates. One pen small, heifers only was entered-. Shpep,.patts'trci:nd up plentifully, a large proportion feeing stores, principally jifdteijThqes. The bidding for all sorts was fcVibkv ahd with the exception of one liue of feWes and wethers, disposed of at auction. No fat wethers were penned. Pigs also were absent. Ox beef, Us the lOOlbs; ewe mutton, l£d and ljd per lb j bitl.lbcks, £4 15s to £5 7a 6d* ftVefagitig £4 i&B 2d ; others averaged £3 j, young and green steers, £-3 7k @d to £3.l‘os ; bpiferß, £3,7s 6d-. Sheep—Fat cites’,. 7 t a,. lOd to Ss ; light Weight wethei-s', jls Id ;'&erln4 Wethers, 6s 3d to ’6s 4d store ffierino ewes and wethers, J3s 3d to 4s i hiorino lambs (inferior), 2s 3d ; fat Iftffibs, 7s 4d to 7s 8d ; a few Romney Marsh lambs, bted by Mr Eglinton, 30s. Mr D, T. Stuart reports on the share market for the week to date :—Banka New Zealand (old issue), £8 ss, new issue £7 17s to £8 ; Colonial, 43s 3d to 44s * National, 36s to 375, Insurance—Colonial, 4s to, 4s 3d.; National, 18s 9d to, 19s 3d; New Zea : land, ?6s ; Sou,th British’, buffers ,4ls 6d } Union, 2 6b to 2ds 3ffi Moitgagp, feWyen) Ila 6d; New Zealand LdAn And Mercantile, sellers 66s ; New Zealand Land |Mortgage, 16s 6d to 17s ; Equit able Building, sales (contributing 15s paid) at £1 os 6d piemium ; Northern Land aud Loan (in liquidation), sales 355, sellers 37s ; Wellington Trust and Loan (last sales), £6 6s 6d; Wellington Building and Investment, sales £5 I9s, sellers £tj.; Sflndrieij—N'ew Zealand Shipping, ’6os to 025.; New Zealand Rirttg, biiyhrs2ls I Sellerb 21s 6d cjith j Mosgiel Woollen, bttyers 77s ; Naplei* Gas, £l4 10s to £l4.JssWellington Gas (£lO paid), sellers £l7 15s (£1 paid), sellers 40s ; Gear Meat, Bds ; Wellington Woollen, 27s to 28s. Gold Shares—Keep-it-Dark, 36a, sellers 37s ; Globe, sellers 21s; Progress, 29s 6d to 803 6d.

WELLINGTON MARKETS.

Wholesale Prices. EARlt AND DAIRY PRODUCE. £ P, d. £ s. d Milk, quart • 0 0 4 to 0 0 0 Butter, fresh lb - . 0 0 0 to 0 0 9 Salt butter - • 0 0 8 to nominal Cheese, Col. , 0 0 5 to 0 0 54 Eggs, dozen . 0 1 0 to 0 1 1 Lard, lb. - 0 0 5 to 0 0 6 Bacon, lb. - . 0 0 64 to 0 0 74 Ham, lb. . 0 0 74 to 0 0 9 Fowls, pair . 0 2 0 to 0 2 6 Ducks, pair . 0 3 0 to 0 3 6 Geese, each • 0 3 0 to 0 3 0 .farfceys, pair 0 7 0 to 0 8 0 Hay and Corn Market. i> 8. d. £ s d Maize, Poverty Bay 0 4 0 to nominal Oats, feed - 0 2 6 to 0 2 8 Wheat do - 0 3 10 to 0 4 0 Carrots 1 10 0 to 0 0 C Hay, ton 3 0 0 to 0 0 0 Oaten, ton • 3 0 0 to 0 0 0 Straw, ton 2 10 0 to 3 0 0 Chaff,— - 3 15 0 to 4 5 0 Oaten hay - 3 10 0 to 0 0 0 Wheat straw 2 0 0 to 0 0 0 Onions 6 10 0 to 7 0 0 Potatoes, per ton4 0 0 to 4 10 0 Floor Market. £ s. d £ s. d Sharps, per ton - . 4 10 0 to 4 15 0 Bran per ton, • 4 5 0 to 4 10 0 Adelaide Flour, per ton 13 0 0 to 13 5 0 Colonial Flour . . 10 0 0 to 10 10 0 Oatmeal • 13 0 0 to 13 10 0 Pearl Barley - 15 0 0 to 16 0 0 Seeds. s d. £ 8. a Ryegrass, bushel - 0 2 0 to 0 3 Cocksfoot, lb. - 0 0 3 to 0 0 s Wt. Clover, lb. - . 0 0 10 to 0 0 0 Red, do • 0 0 8 to 0 0 9 Alsyke, lb, - - 0 0 10 to 0 0 C Cow Grass, lb. - . 0 0 7 to 0 0 9 Timothy, lb. . 0 0 6 t) 0 0 0 Rape, lb. - 0 0 24 to nominal Linseed, per cwt. - 0 14 0 to nominal