Late Commercial.

New Zealand Mail, Issue 996, 3 April 1891, Page 16

Late Commercial.

Messrs Leery and Co report prices during the past week—Fowls’ wheat, 3s; milling wheat, 3s 9d ; oats, Is lOd to 2s ; potatoes, 50s to 52a 6d ; white varieties unsaleable ; onions, 90s to 100 s, market fully supplied ; feed barley, 2s 3d to 2s Gd ; bran, 60s ; pollard, 70s ; flour, roller, LlO 15s to Lll; stolie do LlO ; bacon, 6d : hams, 8d ; cheese, 4d to 4 Jd ; loaf do, sdj eggs, as usual at Easter, have advanced, and are worth Is 6d ; fresh butter, 5d to 6d, market glutted : prime salt do, 6d ; pastry do, 3d to 4d; poultry, fowls, 2s 6d ; turkeys, 6s Gd ; ducks, 3s 6d ; apples, cooking, 4s to 03 ; eating do, 5s to 8s ; quinces, Id ; Island oranges, 5s to 6s ; lemons, 22s 6d, . , Messrs Edwards and Mcßeath report for the week as follows :—There i 3 a slight improvement siuee last report. ... . . Freeman R. Jackson and Co. report that at Johnsonville yesterday fat cattle were in short supply, and remain at last week’s quotations. There was a very small entry of sheep, principally stores and light mutton, for which there was no demand. Fat pigs were easier ; no stores or porkers entered. CHRISTCHURCH CORN EXCHANGE. The following is the Christchurch Corn Exchange Report (per N. P. Meyers, Secretary) for the week ending Friday, March 27th, The approaching holidays have interfered with business during tho past day or so and m consequence which has not hardened but quotations remain firm. Oats are a little neglected buyers only operating from hand to mouth. Barley has a drooping tendency and only choice parcels command favour. A fair bu.-mess is passing in rye grass and cocksfoot but it must be remembered that the season is fast drawing to a close. Potatoes have had considerable business especially Derwents whilst kidneys are almost neglected. Dairy produce is quiet. The following are opr quotations : Wheat Prime Tuscan, 3s 8d ; Pearl, 3s 6d; Hunters, 3a 5d ; second quality, 3s Id to 3s 3d Broken, 2s 6d to 2s 9d. Oats— Milling Is Bd, Short feed, Is 61 to Is fd ; Inferior, Is 4d to 3z sd. Barley—Extra prime mulling, 3s 3d ; fair to good 2s 8d to 2s 9d; Medium, 2s 3d ; feed Is 9d. Peas —Prussian Blues 2s 9d to 3s. Beans —2s 4d to 2s 6d. RyeGrass—Machine dressed, 5s to 5s 3d ; Farmer’s parcels, 3s 6d to 4s. Cocksfoot —best machined 4jd tosd. Potatoes —Derwent 27s 6d; Kidneys 2os delivered at country stations. Dairy Produce—Butterfactory made 8d; Farmer's keg, Gd to 7a. Cheese—Small loaf shape 4£d ; Larger sizes Sid to 41. The abovejpricea are those paid to farmers, for delivery f.o.b. Lyttelton (potatoes excepted) sacks 6s 6d per doz full size. THE LONDON MARKET. The New Zealand Loan and Mercantile Agency, London, circular of February 21st says : NEW ZEALAND HEMP. Since our last issue, the market has continued firm, with a hardening tendency, ard there are indications of an inclination on the part or buyers to enter into contracts for forward shipments on c.i.f. terms. About 7873 bales have been offered in Public Auction, of which 6400 were readily sold at and after the sales. On the 2Sth ultimo, fair, medium, and all the better qualities were in satisfactory demand, and maintain their previous level of value ; lower qualities however, were but little inquired for, and sold at about 10s per ton less than at the preceding Auctions. There was an improved tone on the 4th instant, and prices of all descriptions were 10s per ton dearer. On the 11th instant a further improvement took place, amounting on average to fully LI per ton allround. The sales advertised for the 18 th idem were postponed to the following day on account of fog, when the demand was less active than in the preceding week, and some parcels were sold at lower prices but quotations were on the whole unchanged. . ~ , , With regard to c.i.f. business it is alleged by buyers that serious losses have been suffered by them in the past, notwithstanding allowances having been made, owing to the fibre shipped being of an inferior quality to that specified in the contracts. If business is to be resumed on this basis with any hope of a continuance it is absolutely essential that every care be taken to see that only hemp which is fully up to the standard specified is shipped in fulfilment of contracts. , Manila opened weak at L 35 per tciri c.i.f. tor fair current to arrive, receded to L 34 10s per ton, but has since improved and is now quiet at L 36 10s per ton. The spot price is L4O per ton. Sisal has been dull throughout; l.the present quotation being L2B per ton, ex quay, Liverpool. butter. Since the date of our last circular, arrivals of Colonial descriptions have been on a large scale and although the demand for choice butter has been good, prices are decidedly easier, lhere is but little enquiry for inferior qualities, for which very low prices have to be accepted. Shipments from Australia per Oceana, Orotava, and Austral, and from New Zealand per Duke of Buckingham, lonic, and Matatua, have been placed upon tbe market, but owing to the labour difficulties at the docks a small portion only of those per Ruapehu has up to the present been landed. ~We quote.. Prime Danish, 110 s to 120 s per cwt; lnme Australian. 98s to 112 s per cwt ; p nme New Zealand, 80s to 112 s per cwt. Importations from Australasia during the past month aggregated 20,169 packages. CHEESE. Since onr last issue a better tone has been developed and finest Canadian and American are in fair demand at 54s per cwt, hut 50s p r cwt was the best price paid for New Zealand, of which only small quantities were available Importations Trom New Zealand during the past four weeks amounted to 1709 packages, of which 1064 packages were brought forward by the Ruapehu (s), and are for the most part not yet landed. SPURLING’S HEMP REPORT. Spurling’s New Zealand hemp market report of February 21st is as follows With only moderate supplies at auction since ™y last report of 24th ultimo, our market for New Zealand hemp during the month, although quiet immediately after the _ departure of the last San Francisco mail, has since, in sympathy with Manila hemp, shown more animation, esnecially for good medium, fair, and good qualities; the public salea of 14th instant showing a rise of 20s to 30s from the closing,rates of last month. Yesterday’s auctions, however, passed off with very little demand, sellers generally withdrawing from the market, and evinced but little disposition to accept the reduced offers of buyers. One exception_yesterday, however, must be noted in the forced sale of 180 bales, at a decline of 20s to 30s per ton. To-day, however, under tho influence of firmness on the part of- sellersvand a tetter demand, prices have again rallied, and our market, although quiet, closes at rates nearly on a par with, those recently obtained. Ihe

total quantity brought to auction since 24th ulto comprises 4328 bales, of which, at and since sales, fully 3500 bales have been placed. Arrivals since the departure of last mail have been trifling, comprising the Pleone, with 2,043 bales, and the Nairnshire, witn 206 bales. At present the stocks are not yet made up, but it is generally thought that the de* liveries will, be good, and that stocks will Bhow a further depletion. The maiket for Manila hemp, which closed dull at the end of the past month, has since shown an improvement of 30s to 40s per ton, but with more ready sellers to-day, and but few buyers, our market has lost part of this advance, and closes rather quiet. In Sisal there has been but little passing, and with small supplies prices are fairly ffiaihtathed. To-day’s prices are as follows : —Wellington, L2) 10s to L 27; Auckland, L2l to L 26. SHARE MARKET. The undermentioned sharebrokers report on the share market to date, April Ist, as fol-

(FROM OUR OWN CORRESPONDENT.) Christchurch, April 1. At Addington saleyards to-day lat sheep were in very full entry ; the demand quiet, and prices a shade lower than last week. Best crossbred wethers, 12s 6ci to 16s ; do mixed sexes, 11s 6d to 14s 6d ; do ewes, 10s to 12s 6d, Store sheep in heavy entry of about 8000 ; enquiry considerably slack. Fat lambs m moderate supply, with fair competition, the rest making 10s to 12s. Fat cattle in fair supply and demand ; beef, 17s to 19s per 1001 b. Store cattle in good entry and business fair. Pigs in large entry, with poor sale.

lows :— Last Buyers. Sellers. sale. Local— £ 8. d. £ s. d. £ s. d. Wel’t Woollen 2 6 0 2 7 6 2 7 6 Wel’t Gas ... . 15 15 0 16 0 0 — Trust and Loan 6 12 6 — 6 12 6 Equit. Building 7 0 0 — 7 0 0 Wel’t Build ... 6 10 0 6 12 6 6 10 0 W & M Railway 1 0 0 1 0 6 10 0 to 1 1 0 Gear Meat ... Meat Export ... 5 10 4 13 2 13 0 4 i5 2 15 5 10 0 4i5 0 2 13 9 (L5 paid) ... (L3) 9 9 0 0 (32s 6d) 1 3 6 13 6 Banks — N.Z. (old) 5 8 6 5 12 6 5 8 6 ,, (new) 7 12 6 7 17 6 — Colonial (ex) ... 2 1 3 2 1 6 — InsuranceN.Z 3 11 0 3 12 6 — National 0 17 0 0 17 6 Union ... 1 6 0 1 6 6 — South British... 1 8 6 1 10 0 — Standard 0 14 0 0 14 3 — Miscellaneous — N.Z. Kiv’r Plate 0 10 0 Land Mort’ge 0 10 0 — National Mrt’ge 10 6 — 0 10 6 NZ Shipping(ex) 4 0 0 4 4 0 2 10 o Kaiapoi 2 7 6 2 10 0 N.Z. Drug lex) — — 0 19 0 Wanganui Gas 12 12 6 — — Gold —Dark, LOs : Cumberland , 7s 3d ; No. 2 Darks, 6s : Wealths, 4s Big 8s Gd; Globe, 21s. D. T. Stuart Harcourfc & Co. Thompson & Knowles MacKinnon & TringTruebridge & Reich ham J. Dransfield R. C. bhearman & Co. WELLINGTON MARKETS. W HOLESALE Prices. FARM AND DAIRY PRODUCE. £ e. d. £ s. d Milk, quart . 0 0 4 0 0 6 Butter, fresh ib farm 0 0 5 to Butter, factory made 0 0 7 to 0 0 8 Salt butter - - 0 0 6 Cheese (new) • 0 0 4 to 0 0 5 Eggs, dozen (fresh) 0 1 2 Lard, lb. - 0 0 5 •Bacon, lb. • • 0 0 6 0 0 8 Ham, lb. - 0 0 7 to Fowls, pair . 0 2 6 to 0 2 9 Ducks, pair • 0 3 3 to 0 3 9 Geese, pair • 6 0 Turkeys, pair - 7 6 Hat and Corn Market. £ s. d. £ s d Maize, Poverty Bay - 0 3 9 to Oats, feed - . 0 1 10 0 2 0 Wheat do - • 0 3 3 to 0 3 9 Carrots • 1 10 0 to 2 0 0 Hay, ton - • 3 10 0 to 4 0 0 Oaten, ton • . 3 0 0 to 3 10 0 Straw, ton - • 2 10 0 to 3 0 0 Chaff,— - - 3 5 0 Wheat straw • 3 0 0 Onions (N.Z.) - 5 0 0 to 2 12 6 Potatoes • 2 10 0 Flour Market. £ s. d. £ s. d Sharps, per ton • 3 10 0 Bran per ton - 3 u u to 10 10 0 Colonial Flour • 10 5 0 Oatmeal • 9 0 0 to 9 5 0 Pearl Barley • 15 0 0 nominal Seeds J b. d. £ n. 6 Ryegrass, bushe 0 4 6 to 0 6 6 Cocksfoot, lb. - 0 0 4 to 0 0 4£ Wt. Clover, lb. • 0 0 10 to 0 0 9 Red, do • 0 0 8 Alsyke, lb. - - 0 0 10 to Cow Grass, lb. - 0 0 7 0 0 9 Timothy, lb. Rape, lb. Linseed, per cwt o o e 0 0 2 0 16 0 nominal nominal Meadow Fescue lb 0 30