COMMERCIAL NEWS

New Zealand Mail, Issue 934, 24 January 1890, Page 24

COMMERCIAL NEWS

Laery and Co. report prices for the past week as follows : —Potatoos, 60s to 75s ; onions. £6 to £S ; oats, Is lOd to 2s 2d ; pollard, 75s to 85s ; bran, 70s to 75s ; oaten eht-af chaff, SOs to 90s; straw chaff, 55s to 60s; oatmeal, £l3; maize, 3s to 3s 4d, nominal; yheat, 3s to 3s 4d ; fowls' wheat, 2s 9d ;

malting barley, 3s to 3a 6d ; baans, 3a to 3s 7d ; peas, 3a; pearl barley, £lB ; flour, £9 to £9 10s ; bacon, Dimock's cute, 7d $ hams, 9d ; other cures, Id loyvei- $ aheCse, 3id to 4£d for large size 5 loaf Chee'so, 5d to s£d; fresh butter, 7d to Sd; salt ditto, 7d, nominal; eggs, 7d; turkeys, 7s ; geese, 5s 6d ; ducks, 3s fid 5 fowls, 2s 9d to 3s per pair ; figs, 7s to 823 ; dates, 4gd; inferior sorts, 4d 5 alomftcl nuts,’ 9£d; Barcelona nuts, 6ftd 1 apples, ss; oranges, 9s to 12s 6d ; lemons, 12s; plums, 5s per half case ; bananas, 4s to 5s ; peanuts ’ 3d to 3£d; pines, 4s 6d to 63 pec doz • cocksfoot grass seed, 3d; rye se ed’ 3s to 4u ■*' v * T W < cl < ff- SVjOmS -“ ltI03 collected at the port * for the week ending Saturday ' .counted to £4415 15s Id. Beer duty, £SI 7s 3d. George Thomas and Co. report produce prices as follows : —Until the harvesting operations are completed it is needless to speculate upon the opening values of any line for the coming season ; the general impression, however, is that they will be on an extremely low basis. Business at present is extremely restricted, buyers preferring to deal in hand-to mouth lots rather than overstock, in the anticipation of lower values. Flour is unchanged at £9 5s for roller and £8 53 for stone process ; pollard, £3 10s ; bran, £3 5s ; whole fowls’ wheat, 3s; wheatmeal, £8 15s ; oats, heavy milling, 2s chaff, £4 5s to £4 10s ; straw ditto, £2 153 to £3 ; maize, 3s 6d ; feed barley, 2s 91 ; beans, 3s 8d ; peas, 4s ; split peas, 153 ; pearl barley, 19s ; kidney potatoes, £3 10s ; round samples, £3; onions, £7 to £7 10s per ton ; cocksfoot grass seed, 2f I ; rye grass, 4s to 4n 6d ; cheese, 3d to 6d ; hams and bacon (best factory), salt butter without demand at 7d per lb ; eggs, 8d per doz ; honey, 4|d. Poultry ) turkeys - excepted) -is dull ; fowls ruling from 2s 3d to 2s 6d ; geese, 5s ; and ducks, 3s 6d ; turkeys a.re scarce, aud worth 8s 6d per pair. Fruifr is not plentiful yet, and prices, consequently, are of a payable nature to persMessrs Arthur Warbartonand Co. report on the share market for the week ; —BanksNew Zealand, old issue, £5 sa, new, buyers, £4 15a ; Colonial, 435; National, 3-Ss. Insurance—NewZealand, 65s ; South British, sellers 31s 6d ; National, 16s ; Union, 26s 6d ; Standard, 13s 6d; Miscellaneous—Loan and Mercantile, 69s cum divr; Land Mortgage, 17s ; New Zealand Shipping, 77s 6d ; Mosgiel Woollen, ,78s ; Westport Goal, 52s 6d j Wanganui Gas, sellers £l2 ; Wellington Trust and Loan, sales £6 15s, cum div ; Equitable Building, £7 5s cum ; Gear Meat, buyers 87s ; Wellington Meat Export (fully paid up) sellers £5 ; Wellington Woollen, (68s paid), sellers 465. Messrs Edwards and Mcßeath report on the labour market : —We have been exceedingly busy during the week, and there is still- a- good* demand. General servants are very scarce indeed. Freeman R. Jackson and Co.’s Johnsonville stock report:—Stock of all descriptions was in short supply. The cattle were plain, and in some cases very light. Prices ruled on a par with last 'week’s market. Of the short entry of sheep only a small portion were really fit for the butcher. Lambs of moderate quality weie well competed for at quotations. No pigs yarded. Cattle—Fat bullocks, from £4 2s 6d to £5 10s, averaging £5 93 3d and £4 7s 2d. Sheep—F-»t ewes, 9s Id; light wethers, 8s 10a ; light ewes, 7s Id to 7s 4d ; lambs, 7s 4d to 7s 9d. Ox beef, 13s 1001 b. Commercial circles have scarcely yet recovered from the relapse which usually follows the busy season preceding the holidays at the close of the year, consequently there are no great changes to report. Depletod stocks have been renewed largely by the arrivals of the Oamaru and Turakina and the Direct steamers, so that shortness of stocks is not likely to affect prices ; indeed, the market may be said to be fairly well supplied with everything. Hardware and iron goods—in fact, every article into the manufacture of which. iron and coal enter—show an advance, and a further tendency to rise is indicated in English and Coutineutal advices. Sugars show no actual advance, but as the Queensland supply is exhausted, and we have only Mauritius to look to, a sharp rise may be expected shortly. Australian advioes notify an advance of £2 in Mauritius, with an -active demand for Bombay. Yellows may be quoted here at from £22 to £26 per ton. Company’s Bugars remain as at last quotations. Japan rice, just arrived, is worth from £2l to £22 per ton. Teas.—Foochow is out of the market. The reported total export to Australia and New Zealand this season is 2,250,0001b5, which shows a decline on the two previous years of quite 10 per cent. Ceylons remain at very high prices. Ceylon souchongs and pekoe Bouchongs are quoted i.b. at to orange pekoes, Is 4d to 2s ; Indians, Sd to lOd, according to grade. China teas are still giving way in public taste to Indian and Ceylon, and only command 6d for common ; clean to fair, 6d to 7d; medium to good, 8d to lOd ; medium to fine, Is. In response to the demand for a good mixed blend with some vigour, a local firm has entered the market under tho name of the Union Packing’Company, and are credited with having hit the public taste with a blend of Indian, China, and Ceylon teas. Dried fruits.—Sultanas still rule high, and as shipments are likely to be small for some time, no alterations in prices can be looked for. Elemes are quoted at 6|d to 6fd ; currants old fruit is worth Very little is doing in this trade. Salmon is low, and will eventually be lower, owing to the greator production of Alaska fish than was anticipated. The market shows weakness both, at home and abroad. Quotations —9s, 9s 6d, and 10s 9d for Cocktail. Lobsters ara not held largely, but the demand is small. There is no ling in the market. Candles —The market is fairly well stocked. Jjondon Bperms are worth 7id to 7$L Kerosene. —Supply somewhat low; 150 tfist, d.p., Is 9d ; .130 test, la 6d. Jute (Joodw— The demand for ccrnsacks is fairly brisk i:t>vv that the harvest is upon us, and prices are well maintained at from

6s §d to %a §d-, according to size and weight. To I) ho cos-.—Tritde has been vety quifet Sihcb the holidays-. Wines, spirits, and bfeera.— Tho general fconb is qlliet; iifad tho usual trade sales haVu only b'ehn responsive to the lull th&t bucceeds a busy season. Trade in th'e districts has not been so good ih these lines, business apparently concentrating in the larger centres. (per press association.) Christchurch, Jannary 16. The New Zealand. Loan and Mercantile Agency Company report : —At Addington yesterday there were large supplies. About 10,000 sheep came to hand. There was a fair demand. Mutton, lfd to 2£d per lb ; best wethers, 13s 6d to 15b 6d ; mixed sexes,' 12s to 13s 6d ; ewes, 7s to 12s ; merino wethers, os to 10s 9d ; lambs, up to 13s ; best bullocks, £6 to £7 10s ; cows, 70s to £5 ; beef per 1001 b, 15s to 183. The demand for pigs was fair. WELLINGTON MARKETS. Wholesale Pkices.

FARM AND DAIRY PRODUCE £ 8. d. £ 8. d Milk, quart 0 0 4 to 0 0 0 Butter, fresh lb - 0 0 6 to 0 0 8 Salt butter - 0 0 7 to nominal Cheese, Col. 0 0 34 to 0 0 44 Eggs, dozen 0 74 to 0 0 0 Lard, lb. 0 0 5 to 0 0 0 Bacon, lb. • 0 0 6 to 0 0 7 Ham, lb. 0 0 7 to 0 0 9 Fowls, pair 0 2 9 to 0 3 0 Ducks, pair 0 3 6 to 0 4 6 Geese, each 0 3 0 to 0 3 0 rursreys, pair 0 7 0 to 0 8 0 Hay and Corn Market. £ 8. d. £ 8 d Maize, Poverty Bay - 0 3 0 to 0 3 6 Oats, feed - 0 2 0 to 0 2 3 Wheat do * 0 2 6 to 0 3 6 Carrots 1 10 0 to 2 0 0 Hay, ton 3 10 0 to 4 0 0 Oaten, ton - 3 0 0 to 0 0 0 Straw, ton 2 10 0 to 3 0 0 Chaff,— - 5 0 0 to 0 0 0 Oaten hay - 3 10 0 to 0 0 0 Wheat straw 3 0 0 Onions 6 0 0 to 0 0 0 Potatoes, per ton (old)2 0 0 to 3 0 0 do do (new) 3 0 0 to 3 10 0 Flour Market. 1 t 8. d £ 8. d 'SharpB, oer ton - 3 15 0 to 0 0 0 Bran per ton 3 10 0 to 0 0 0 Colonial Flour - 9 0 0 to 9 10 9 Oatmeal 13 0 0 to 0 0 0 Pearl Barley 18 0 0 to 0 0 0 Seeds. fi s. d. £ R. a Ryegrass, bushel 0 3 6 to 0 4 6 Cocksfoot, lb. 0 0 2 to 0 0 25 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 Raps, lb. 0 0 2 to nominal Linseed, per cwt. 0 14 to nominal