LATEST COMMERCIAL NEWS.

New Zealand Mail, Issue 897, 10 May 1889, Page 16

LATEST COMMERCIAL NEWS.

NeW Zealand Mail Office, Thursday Evening. The business of the p?*t week has been of a quiet order, the interruption of the “ fouith ” a'way3 causing a slackness. It is reported that the “ fourth ” did not pass off Eo well as it ahould, and several “tight’ eases were met with. Although the Colony, as a whole, is theoretically during the past quarter richer than it has been for a long time, yet individuals do not at present feel any improvement. Retailers complain that although the prices of produce are higher than they have been for a long time, yet , settlers are spending but very little more than they did in times when trade was decidedly bad. The general opinion is that | whatever extra profit has been lately made by country settlers has in many cases gone , to pay overdrafts and loara raised during ( tie long depressed period, and that it will take at least another six months before the retail traders experience anything like a decided improvement. There are few or no changes to report this week in the local market. Prices all round are nominal, and there is an ab'enee of anything l*ke speculative buying in any department. Messrs Lowes and loins report at their stock sales yesterday : —Some 6000 sheep and 10J head of cattle came forward, beside horses, pigs, &c. In sheep, the quality all round was good, comprising heavy fat and good store wethers, fat and forward ewes, good breeding ewes, and the tone of the market throughout was a trifle Uli f lines selling, with the. exception of a few lines of weodjng' ewe?, The following are the figures':,—- Fat wethers, 9s 6d ; medium, •8s 6d; stores, 8s ; fat ewes, 7s 6d ; medium, 6o 6d; breeding ewes, best; 6s; medium, 5s j aged, 4s; culls, 2s 6d £ . merinos, .2s 6d ; lambs, only ; inferior, 25.-6 d. to 3s9d. ■, In cattle—Beef, bu'locks, £4; 10s, 12s 6d 1001 b ; stores, ,50s to 60s; opws,; .stores, 3Qs; dairy, stock ; £2 10a to £5 ; yearlings, 255-; ; calves, 10s,to : 15s.‘ Horses —Crooks, 40a ; medium hackspp; £5 to £6.- Pigs—Jßacqneip.v, 3Q? ‘fo 53s fid j { small pprke?a; 12s 6(1 ; - weanera. 4s, •» s KAYE AND CARTER’S WEEKLY REPORT OF THE CHRISTCHURCH GRAIN AND PRODUCE MARKET. ! Wheat—Tuscan, 4s Id ; 'Pearl; 3s 10d. ; Hunter’s, 3s 9Jd to! 3s i lod. 3Fowl-. ; wheat-Good whole, 2s sd:; broken, 2s 9d. ; Oats—Milling, 3i ; bright short, 2s !<>d j ( t duns, 21 'Bd y- Danish, §4/ 'fifUftly held. BUrley*-i 'malting, 4s 3d; good, 3s lda’tois; feed, 3s 4d; Cape,3a 5 pearl, £2O 10s. Peas—Prussian blue, 4s ; split, £l4. Beans—Good whole, 3s 6J ; medium, 3s sd. Flour—Best roller, sacks, £lO 15s ; halves, £ll 5s ; quarters, £ll 10s ; stone, £9 15s to £lO. Bran, 90s ; sharps, 105 s, scarce. Oatmeal, (in • 25's), £l4 ; in 7’s, £ls 10s. : Ryecoin, (3s Bd. : Lihseed, £l7- Rye- j gtass—Machine dressed, 3s 6d to 3s 9d, scarce. ; Cocksfoot—Prime, 31 d ; goodseed, 2|d to 3d. ! Oatsheaf chaff £4i ss. Hay, oaten bqlqd, ; £4 10s. Butter, 101 d, foy' prime iqua'ity. j Cheese— ¥o/‘6d * medium, to 1 sjd; : ' ; Horn's;'9ia ;' ! H and B, 8d j bacon, 7|d (cloth). 3 Lard (in kegs), 4d in bladders, 4Jd ! to sd. • ! ■ ■ ; The above prices current are all f.0.b., : Lyttelton ; sacks and packages extra except ; when otherwise specified. Business gener- . ally quiet. • 1 ' ■ STOCK SALES. 1 Christchurch, May 8. ,The New Zealahd Loam and;Mercantile Agency ■Cdipfiany report ’(per <*» Stayeley) as follows' - . 1 —At Addingtdn yards to-day' thete’-were ’full’entries of stock. Thar# were about 9,000 sheep. ■> Cattle market —improved'bullocks; LG to L 9 ; cows, L 4 to L 6 10b ; beef, 153 to l'Bs peV 1001 - j Fit lambs, 1 ' 1 declined, ‘3o '-^d’- 3 ter 6.3 f "Tat sheep- ■maintained 1 ' y'aHiexP; prime rt cr6sabred wisfixers, <t l3£'fcd" Ifi'ifex'trn heay.y, fief; mixed ‘fiords, fid to IQs fid ; mutton, lid tg 3d per lb ; There was a fair demand for store sheep. | Pigs easier, especially small aorta * h-*~-weights, 31s to.W»« j Dunedin, May S. The New Zealand Loan and Mercantile Agency Company report (per Mr D. Stronach) as follows : Cattle— 18.3 y?. ere yarded ; best bullocks, IB 0s to 7s 6d ; Othqra, L4lsa to L 7 123 mi’; bdef, drdinary, i‘ss to 17> fid ; prime, 20s per l ; 1001b. Siieep—2962 were yarded ; best crossbred wethdra,--12& 9d to 15a 9d ; others, 9s 6d to 12s 3d ; best d 6 ewei,’l2s 6d to 14a j'otheia, fis to lls'fid; merino’wethers, fis to 9s fid * mutton, lid tc 2d per' lb ; 214 lambs, 5s fid to 10s. Pigs suokera, os 6d to 10s; stores, 13s to 14s ; porkera, 28s Gd to 34s ; baconers, 40s to 565; extra heavy, 60s to 68s each.