Late Commercial.

New Zealand Mail, Issue 993, 13 March 1891, Page 18

Late Commercial.

Freeman R. Jackson and Co., Johnsonville stock report : —The quality of beef yarded was of an average character ; hardly enough cattle for requirements. Prices were a shade easier, although competition wa3 keen. Ox beef varied from 14s to 16s the 1001 b. Sheep mustered more numerously than anticipated; wether mutton of good quality and moderate weight making 2id per lb. The entry of pigs was confined almost entirely to stores, for which there was no lack of demand, resulting In satisfactory rates being obtained. SHARE MARKET. The undermentioned sharebrokers report on tlio share market to date, March 11th, as fol* lows : , Last Buyers. Sellers. sale. Local — £ s. d. £ s. d. £ s. d. Wel’t Woollen 250 260 260 Wel’t Gas ... Trust and Loan 611 0 612 6 612 6 Equit. Building 7 0 0 Wel’t Build ... 6 7 6 W&M Railway 19 9 Gear Meat ... Meat Export ... (L 5 paid) ... 412 6 4la 0 412 6 (L 3) ... 212 6 215 0 210 0 (32s 6d) ... 1 3 6 Banks— „ , „ N.Z. (old) ... 5 1 9 ~ (new) ... 7 2 6 Colonial (cum)... 226 2'2 9 226 Insurance — N.Z. ... ... 310 0 312 6 National ... 17 0 ® Union ... ... 1 6 0 1 6 6 1 6 0 South British... 110 0 Standard (cum) 14 0 Miscellaneous — Loan & Mercantile ... National Mrt’ge 10 3 . N.Z. Shipping... 4 2 6 4 7 6 Kaiapoi ... 2 5 0 210 0 . N.Z. Drug(cum) 10 0 Westport Coal 2 3 6 Gold —Fiery Cross, 7s 6d ; Globe, 21s 6d ; Cumberland, 7s 6d ; No. 2 Dark (sales), 6s ; Inkerman, 133 ; Big River, 6s 3d ; Wakamarina Gorge (sales), 26s 6d. D. T. Stuart J. Dransfield Thompson & Knowles Harcourt & Co. Truebridge & Reich R. C. Shearman & Co.

CHRISTCHURCH CORN EXCHANGE. The following is the Christchurch Corn Exchange Report (per N. P. Meyers, Secretary) for the week ending Friday, March 6th, 1891. The weather has been all that could be desired during the past week for completing the harvest work and it is hoped that the damage will not be so serious as was anticipated. Tfce a'avent 9f B&SJgJ e

harbour together with the hardening tendency of the English market has had the effect of firming the local market for wheat, and buyers are more anxious to operate. Oats are still lifeless only prime milling meeting with anything like a demand. Barley is being largely dealt in and prime malting firmly maintains our quotations, but anything second quality has a very drooping tendency. Grass seed is easier on account of the North Island demand slackening off. Cocksfoot is fairly good property at q uotations. We hear of sales of kidney potatoes for prompt delivery at 303 at country stations, also Derwent’s at 25s off the forks m May. Dairy produce is stationary butter seeing mere trade than cheese. The following are our quotations :—Wheat —Prime milling i. uscan, 3s 5d to 3s 6d ; Pearl, 3s 4d ; Hunters, 3s 2d ; whole chick, 3s ; Broken, 2s 4d to -s Gd. Oats— Milling Is Sd, Short feed Is 6d to Is 7d. Long and inferior. Is 4d to Is sd. Barley Prime malting, 3s 3d ; Medium, 2s Sd feed Is 9d to 2s. Peas—Prussian Blues os to Ss 3d feed sorts, 2s 6d to 2s 9d. Potatoes —Kidneys, 30s country stations (tendencydownward). Grass seed —Machine dressed, os to 5s 3d ; Farmer’s 3s 6d to 4s ; Cocksfoot 4d to 4Jd. Dairy Produce—Butter— factory made 7d; to Sd ; Farmer's keg, 61d to 7d. _ shape 4Jd, medium and larger sizes did to oj t. The above prices are those paid farmers, tor delivery f.o.b. Lyttelton—sacks extra.

LIVE STOCK MARKETS. Messrs H Matson and Co. (associated with the National M. and A. Company, of New Zealand, Limited,) report on the live stock market for the week ending Wednesday, sth March IS9I, as follows : , , The entry, as was fully expected, was large in numbers and various in qualities, from the limp, starved matron and the milkless infant to the primest mutton, with the intermediatory classes. The competition was keen, in fact, a vigorous bidding characterised the proceedings throughout the whole day so far as sheep were concerned, but in cattle and pigs there was a remarkable apathy, which, of course, is chieny ruled bv the weather, while in pigs, in consequence of the cleanliness of the ingathering of the crops this season, and consequent, absence of waste on the ground, our farmers in many instances were careless of operating, and prices fell. Whether this was a clever ruse on the part of buyers, or caused from above circumstances, a few short weeks will demonSt Fat Sheep—About an average entry to hand. Buyers mustered in full force. Competition was very keen, although perhaps not quite as buoyant as on the previous Wednesday. Prices obtained were just as high ; every pen yarded was sold at tiptop values. Best crossbred wethers sold at from 17s to ISs 6d, medium do from 15s 6d to 16s ; best crossbred wethers and maiden ewes realised from 15s Gd to 17s, medium do 12s 6d to Ids ; merinos sold at from 9s to 15s, one lot of phcnominal merino wethers realising as high as 23s 6d each. Fat Lambs—Fair entry to hand, competition was good, prices realised were on a par with late quotations, viz :—Best lambs realised from 15s to 16s 9d, medium do from 12s Gd to 14s 6d other sorts from 7s to 11s each. Store sheep—Large entry to hand, competition was very rife, buyers mustered in full force, prices realised were fully up to late quotations. Foor-tooth crossbred wethers realised from 11s 6d to 13s ; four tooth wethers and maiden ewes sold at from 11s to 12s bd ; two tooth mixed sexes made from 9s 61 to 10s 9d ; large framed crossbred ewes sold at from 7s 6d to 11s ; store lambs realised from 4s to 9s 6d, as per quality; merino ewes, sound mouthed sold at from 3s 6d to 4s 9J ; merino wethers made from 4s 6d to 6s. Fat Cattle—Large entry came forward. for this week’s auction. Competition was fairly good for all sorts, and a general clearance was effected. Bullocks sold at L 5 10s to L 7, sows L 4 to L 6 10s, heifers L 4 to L 6 15s each. Veal—Small entry. Best calves 20s to 2os, others at 8s to 15s each. Store Cattle—Larger entry than for the past four months, which met with good competition. Several lots of three year old steers were yarded which sold at L 4 ss, L 5, and L 5 5s ; two-year old steers 355, L2 to L2 10s ; yearlings, 10s, los 20s to 22s each ; store cows, 30s to L2 10s ; bulls, 20s to L 3 each. Dairy Cattle—Large entry. Best cows sold well at LG to L 8 ; others, 20s to L 4 10s each. Pigs—Much smaller entry than on the previous week. Competition for bacon pigs was very good, but stores were simply neglected and a considerable drop in values had to be accepted to effect sales. Bacon pigs sold at 27s 6d to 33s each ; porkers 15s to 25s each ; stores, 10s to 16s each ; smaller sorts 5s to 7s each. Wool, Sheepskins, Hides, Rough Fat and Tallow—On Thursday we held our usual weekly sale of the above. Biddings were brisk, and t»ood prices were obtained. Butchers crossbreds 2s, 2s 6d, 2s Sd to 2s lOd for best lots, lambskins 2s to 2s 6d for best lines, country skins from Is to 6s each. Factory skins—We have placed several lots at full market rates. Hides at late rates. Canterbury Horse Market —At Tattersall s on Saturday last there was a large entry yarded. Competition was good, prices showing an improvement on late quotations. Best draught and farm horses sold at from LlB to L 22 to L2o each. Good stylish hacks and light harness horses realised from L 8 10s to L2l.

Christchurch, March 11. At Addington saleyards to-day, store sheep were in heavy entry, and the demand good. Fat sheep were in large supply, and competition slacker than last week. Best crossbred wethers, 13s to 163 7d ; do., mixed sexes, 12s to 15s 6d ; do. ewes, 11s to 14s. Fat lambs in large entry, and demand easier than last sales —los to 13s. The number of sheep of all classes yarded was 16,500. Fat cattle were in small yarding and fair demand. Beef, 183 per lOOlbs. Store cattle, little doing. Pigs in average entry; good baconers and porkers easier. GRAIN MARKET. Messrs H. Matson and Co.’s report for the week ending March 2nd, 1891: The heavy rains that fell at the latter end of last week, although proving of immense benefit to the grass hav6 done damage to some of the late crops standing in stook, while also from the Peninsula reports to hand state that cocksfoot has escaped in some instances without damage. In the grain business there has been nothing passing calling for for special comment a’though a fair demand exists for several lines. Wheat closes a little firmer, and there is a good enquiry from local buyers having orders in hand or tonnage chartered. The values this year will again be guided by the Home market. New South Wales will, no doubt, require a large quantity ; but with the surplus in v ictoria this season we will be placed at a disadvantage. Prices stand at 3s 4d to 3s 5d for Tuscan, 3s 3d for Pearl, and 3s 2d for Hunter’s. , , Oats—The result of the drought has proved the most disastrous to the oat crop, and the

yield will undoubtedly be low- compared to other seasons, but taking this into consideration there is no outside indication to warrant any material advance, and we fear that for some time the low prices now ruling_ will show very little change. Quotations —Milling, Is 8d to Is 9d ; short feed. Is 7d to Is 8d; Dun, Is 8d ; seed Tartars, Is Sd to Is 9d. Barley—Prime samples are sofar scarce, and judging from the samples exhibited, there will be a deal of thin quality this year. Maltsters are not offering over 3s 3d to 3s 4d for best samples, and 2s 9d to 3 for medium ; feed sorts at Is 9d to 2s. Ryegrass is scarce, and commands attention at up to 4s 6d for farmers’ samples, and 5s Gd for town dressed. . Cocksfoot—There is not much offering, and values asked by growers are not in accord with buyers’ views. However prices are at 4d and sd, which is a decided improvement on the past few years. , , i Dairy Produce—Butter. Gd to 7d ; cheese, 4d. Peas—Blue Prussians are selling at 3s to 3s 3d ; feed 2s 9d to 3s. Beans are dull at about 2s 6d. Quotations are f.0.b., sacks extra.