Late Commercial.

New Zealand Mail, Issue 999, 24 April 1891, Page 20

Late Commercial.

GRAIN MARKET. The following is the Christcburoh Corn Exchange Report (per N. P. Meyers) for the week ending .Friday, April, 17th 1891. Business in wheat continues brisk and quotations remain firm at late advances. Now that wheat has reached present prices we would ask our farmer friends to consider whether it is to their interest to sell now or take the risk of holding. Chickwheat is much inquired for, and many parcels of milling wheat have changed hands, especially in the Ashburton districts. In oats nothing is doing. Barley—Only prime lines demand attention. Beans are taken foi shipment at quotations. Peas are dull of sale, the only variety in demand being Bine Prussians. Potatoes —Considerable sales have been made of Blue Derwents for delivery, when ripe off the forks on a basis of 37s to 40s per ton. f.o.b. Lyfctleton, sacks in. The following are our quotations : - Wheat—Tnscan, 3s lid to 4a ; nearl, 3s 9i to 3s lOd ; Hunters 3s Bd. Oats—Milling, Is 8d ; short feed, Is 6d ; Inferior and discoloured Is 3d to Is 4d. Barley—Malting, 3s 3d j feed, Is 8d to Is 10d. Beans, 2s 5d to 2a fid. Peas—Blue Prussians (boilers), 3s ; fesd2s 4d. Potatoes —Derwents, 37a to 40s, f.o.b. Lyttelton sacks in. Butter—Fresh factory made, Si to jLld; Farmers salted 6d to 7d. Cheese —-Small loaf, 3Ad, largest 3|d to 4d. The above prices are those paid to farmers for delivery f.o.b. Lyttelton—sacks extra. LIVE STOCK MARKETS. CHRISTCHURCH. Messrs H. Matson and Co. report on the Addington Live Stock Market for Wednesday, April I6th, IS9I. Total entries comprise 11,003 sheep, 404 cattle, 293 piga, of which our entry included 199 oattle, 1959 sheep, 160 pigs. Fat Sheep—Only a small entry to hand, competition was very firm for all prime sheep, and an advance on late quotations was noticeable, other lots sold at last week’s prices. Prime fat crossbred wethers sold at from 16s 6d to 17s 4d ; medium at 143 to 16s ; prime fat wethers and maiden ewes sold at frotn 14s 9d to 16s 3d, fat merino wethers realised from 9s 9d to lls 9d, prime fat crossbred eweß sold at from 10a to 14*6d, other sorts, as per quality, from 7s 6d to 8s 6d each. Fat Lambs —About an average entry varded, competition was somewhat dull and pricaß realised do not show any improvement on late quotations, l est lambs sold at from 10a to lls 9d, medium at 7a to 9a 6d. Fat Cattle—Large entry yarded, competition was good, especially for prime lots. Beat bullocks sold at from L 6 10a to L 7 4s, medium at from L 3 liQs to L 6, heifers Bold at from L 5 to L 7 7e 6d each. Store Cattle— Large entry. Competition was fairly good for forward conditioned lots. No good straight lines of steers are offering. pjg3_Medium entry. Prices realised were on a par with late quotations. Store Sheep—Large entry yarded. Competition was fair, and prices realised were satisfactory. Store lambs sold »t from 6i to

Bs, crossbred wethers and maiden ewea sold at 10s to lls lOd, crossbred breeding ewes realised from 7s 6d to 9a 9d, merino wethers sold at from 3s 9d to ss, old and worn out sheep very dull of sale. Canterbury Horse Market —At Tattersal s on Saturday last, we held our usual weekly horse sale. The catalogue on offer was a very extensive one, some 130 horses being submitted to auction. Competition was very good, and sales were effected more readily than has been the case for some time past. Good draught and farm horses sold at from Ll 5 to L 22 10a, medium do, Lll to Ll 3 each, likely looking hacks and harness horses sold at from L 8 10s to LlB eaoh. Sheepskins, Hides and Tallow—The catalogue is a large one. Prices were very good throughout the sale—in fact, a sheep faimer out of trouble should be the happiest man on earth. Fancy up to 5s 3d for our old crossbred ewes whioh died before the turnips were ready, and so on, 3to. Butcher’s skins sold well, and bo they may, for, poor butcher, he gets nothing but blame and his monthly accounts do grow so wonderfully large, and at times he has to wait for his money, while all the time he has to pay cash at the yards. If people would only pay cash at the end of the month and remember that the man who lives on tick generally gets sick it would be a good all-round revolution. Hides—The system of sale here is only a farce. VVe are quite ootopussed—out in the cold—out in the storm no competition. Rough fat eold well, and competition was marked with an irresponsibility which has been entirely foreign of late. Prices rose and clearance was complete

AUCKLAND. Hunter and Nolan report as follows : Horses —The demand has continued brisk, particularly for those of a good stamp, at the previous week’s values. We quote : Hacks, from L 4 10s to Ll2 15s ; light harness horses L 5 12s 6d to Ll 3 10a ; medium draught, L 7 12s 6d to Ll 4 10s. Cattle—An increased number were brought forward and found purchasers. Stores higher ,in price ; other descriptions unaltered. There was a good muster of dairy and store stock, at the Newmarket Yards, on Tue -day and competition for both classes was brisk, for store steers paticnlarly, at from L 3 7s 6d to L 4 17a. Less than the average number of fat beasts were yarded, which were steadily competed for at quite the previous week’s values. Some averages cf steers were: L 7 7s 6d, L 6 153, L 6 12s 9d, L 6 4* 3d, L 6 2s 6d, .Cows averaged L 4 7s 6d, L 4 ss, L 3 12s 6d, L 3 Sheep—Wethers sold at from 12s to 16a 3d; ewes. 10s 9d to 133 3d ; mixed sexes, lls to 13s 9d ; lambs, 8s 3d to 12a. pigs—Very few yarded, and sold from loi to 278 6d each. Buckland and Sons report as follows At Remaera, dairy cows, near calving, were in less number than usual. Prices were fully maintained. Useful cows ranged from L4to L 6 10s eaoh. Store cattle were plentiful ; about 300 were sold. The steers advertised obtained an average of L 3 10s. Cows made from 30s to 40s ; calves mostly Bteers, 17s eaoh. Fat sheep were in averago supply. Long-wooled wethers ranged from 14i to 17s; ewes, 8s to 13s ; lambs, 8s 6d to lls each. MANATA The Egmont Farmers’ Union report that the yards were well filled with both oattle and Bheep, but though the attendance was very large, owing to the reserves being excessive, a good many lines remained unsold. We quota : Fat bullooks L 5 14* ; 3 to 4-year bullocks, L 3 12s 61 to L 4 7s 6J ; 2£ to 3-year do L-2 I7s 6d to L 3 8s ; 18 month to 2-year steers, L2 to L2 16s ; empty oow«, L2 12s to L2 183 ; fat cows, L 3 2s to L 3 16a ; springers L 3 53 to L 3 83 j heifers, 43s to 45s ; calves, 16s 6d. HAWERA. Nolan, Tonka and Co report that at Hawera a large quantity of both cattle and Bheep were yarded. About 1500 more of the latter than were advertised came forward, oonsebidding was slack for those particular lines. Notwithstanding this disadvantage we managed to dispose of everything except a line of 300 wethers. We quote : At Elthum— Weaners, 143 to 19s ; yearlings mixed sexes, 24s ; yearling steers, 283 to 32s ; 18-month do 33s 6d to 36a ; store cows, 38s to 45s ; forward do L2 10a to L2 15s ; cows and calves, L 3 Is. At Hawera—Weaners 18s to 24h ; yearling steers, 28s to 33s ; 2-year do, L2 4s to L2 lls ; 2£ year do, L2 ISs ; yearling heifers, 18s to 24s ; 2 to do 37s to 45s ; cows. L2 lls to L2 12s 6b ; forward cows, L2 14a to L2 18s ; fat do, L 3 ss. Sheep— lambs. 7s 4d hoggets, culls, 8s gd. hoggets, lls 4d ; forward owes 9a 3d ; ewes La lanjb, 9s fat ewes, heavy weight, 13s 6d ; fat wethers, 13s 6d.

Freeman R. Jackson and Co.’s stock report: —During the last week we held two sales, viz., at Ashurst and Palmerston North. On both occasions stock came forward freely ; cattle especially mustering more numerously than of late. A strong demand for thi * class has set in recently, and all sorts have advanced considerably In price. Yesterday there was a large entry, and we readily disposed of 627 head without difficulty. This represented the bulk of the entry. Sheep maintain recent prices. We cleared out all at Ashurst and at Palmerston, wiih the exception of an odd lot and a line of overland lambs that had just completed their journey. Cattle—2yrs old steers, L2 14s ; 3yrs, L 3 6s 6d ; yearlings, 29s ; weaners, 245; fat cows, L 3 19s and L 4 ; 3 to 4yr old steers, L 4 12s 6d; fat bullocks, L 5 7s 6d ; empty cows, L2 15s ; springers, L 3 5s to L 3 10s. Sheep—Well bred lambs, in wool, 9a 6d ; others, 6s 3d to 7s lid ; culls, 4s 8d ; ewes, in lamb, 6s 6d, 7s lOd, 9s 4d, 12s lOd; fat ewes, 12s ; forward wethers, 12s sd. Stevens and Gorton’s stock report:— We yarded at Bulls on Tuesday last large entries of a very good class of both cattle and sheep. The bidding throughout the sale was spirited for all lines, and the result showed a decided rise in cattle, and sheep fully maintained recent prices. Our quotations are : Cattle—Fat cows, L 3 5s to L 3 93 ; 3 and 4-year bullocks, L 4 10s 6d ; forward cows, L2 16s 6d ; 18 month to 2-year steers, L2 Is 6d to L2 2s 6d; 18 month to 2-year well bred heifers, L2 7s 6 1; mixed weaners, 245. Sheep—Romney ewes, mixed ages, 13s 2d ; Lincoln ewes, t to 8tooth, 13s lOd ; breeding ewes, 7s to 9s 9d ; fat sheep, 13s 7d; forward wetherß, 12s; lambs, 8s to 9s. Freeman R. Jackson and Co.’s Johnsonville stock report—There was an average supply of fat cattle in the yards. Prices remained firm throughout at 153 6d the lOOlbs for steers and 12s for heifers and cows. Milch cows and those

partially fatted were at lower rates. A short supply of fat wethers penned made fully 2£d per lb, less the offsl. No pigs to hand.

(PER PRESS ASSOCIATION.) Dunedin, April 22. } Fat cattle—There was a very large entrypresented at Burnside to-day.again, viz., 304 head, representing all qualities, but chjeny three parts fat and inferior quality. Ihere was only a small number of prime bullocks and heifers. For the latter quality competition was fairly active, but without any improvement in values, while poor quality was neglected, a good number turned out unsold ; but bullocks brought L 6 7s 6d to L 8 extra heavy, LBlos to L 9, medium to good, L 4 7s 6d to L 6 2s 6d ; light weight, L 3 2s Gd to L 4 2s 6d. Best cows, Lo f>s to LG 5s ; medium, L 3 to L 4 ; inferior and light, LI 17s to L2 10s. We offered and sold on account of various vendors 56 head of bullocks and cows at quotations. Fat sheep 'lke number forwarded to-day was much less, only 1984 being penned, nearly all crossbreds, the greater portion being ewes, good to prime, borne 01 the wethers were above the average as regards to quality and weight of those to hand lately. The sales opened somewhat dull, but as they progressed competition slightly improved, and prices were ruling somewhat more satisfactory, but towards tfi’e close the demand fell off, operations being somewhat on a par v-ith those at the commencement. Best crossbred wethers brought 13s 9J to 15s 6d, one pen extra heavy to 161 Gd ; medium, 12s to 13s Gd ; best do ewes, 13s Gd to 14s 3d, one pen to 14s 9d; medium 10s to 12s 6d ; merino wethers to 7s 3d. Christchurch, April 22. Cattle market—There was a pretty full market, and the attendance was fully up to the average. Store sheep -The quantity of store sheep was considerably less than at recent sales, but there was a fair demand for good sorts of breeding ewes and. crossbred lambs. Of 3500 yarded the majority were cleared at the following rates : bouudmouthed crossbred e\ve«, 7s 5d to lOa 9d 5 a ged ewes, 5s Gd to 6s 9d. A fine line of two-tooth crossbred wethers brought 12s, and the same price was secured for some tliree-qnarter bred wethers. A line of crossbred wethers and maiden ewes brought lls Id. Merino ewes sold at from 4s Gd to 4s lid, and two lines of crossbred lambs realised 7s lOd and 9s. TjambsThe demand for lambs is proportionate to the supply, which is gradually falling off. Ihe boO yarded to-day were by no means good sorts. Wi’h one or two exceptions lls 8d was the highest price obtained, but the general run of those sold brought from 7s to 9s. Fat sheep—There were about 4000 entered. There was a fair proportion of prime wethers, which created keen competition ISs was got for a pen of very prime sheep, and from 14s to 16s was obtained for other good sorts of crossbred wethers and maiden ewes for trade and export. Lightweight crossbred ewes ranged from 9s to 12s ; merino wethers in good condition sold up to 12s 3d. -bat cattle—One hundred and fifty-four head of very nice sorts were yarded, but the heavy market of last week had its effect, as the butchers were not eager buyers. The result was that out of the entry a third were not sold, and those that were cleared realised from 15s to 16s per 1001 b, nothing better being obtained throughout the sale. The few cows that sold did not* realise more than 12s 6d to 13s. Store cattle —There were very few stores, except dry cows of all classes. A few yearlings sold up to 12s 6d, and a few two-year old mixed jmld at 31s to L2 Is. A small line of forward bullocks brought.L3 103 to L 4. lha entry of dairy cows was unimportant. Figs— About 350, chiefly those nearly fit for bacon. Thera was considerable improvement in prices, 30s to 42s being obtained for good baconers.

(prom our own correspondent ) Christchurch, April 22. At Addington to - day there was a large entry of about 11,000 sheep. Best wethers, 163 to 18s ; mixed sexes, lls to 15s 6d ; ewes, 10s 6d to 14s 9d ; merino wethers, 9s to lls 6d; lambs, little doing, best about 10s 6d; beef, 16s to 18s 6d per 1001 b ; store sheep, good demand; store and dairy cattle quiet; pigs, market improving. SHARE MARKET.

The undermentioned sharebrokers report on the share market to date, April 22nd, as follows Last

Gold —Big Rivers, 9s; Fiery Cross, 7s 6d ; Globe, 20s; Golden Treasures, 2s 3d ; No. 2 Darks, 5s 9d ; Beaconsfield, 2s 9d. J. Dransfield R. C. Shearman & Co. Hnrcourt & Co. D. T. Stuart . MacKinnon & Tring- Truebndge & Reich ham

Buyers. Sellers. sale. Local — £ s. d. £ s. d. £ s. d. Wel’t Woollen 2 7 6 2 8 0 2 7 6 Wel’t Gas 15 17 6 — Trust and Loan 6 12 6 — — Equit. Building 7 0 0 — Wel’t Build ... W & At Kail way 6 12 0 1 0 (ex) Gear Meat ... 5 10 0 0 5 12 6 Meat Export ... 4 15 0 — — 2 14 0 2 15 0 —* ” Ban kb— 5 13 6 N.Z. (old) 5 11 6 National 1 17 G — — Colonial 2 1 6 2 2 0 2 19 Insueance — 3 12 6 3 12 6 N.Z — National 0 17 3 0 17 6 — Union ... 1 6 6 — 0 South British... 1 9 0 1 11 — Stand ird 0 14 G 0 14 9 0 14 9 N.Z. Accident 0 7 9 0 8 6 — Miscellaneous — Loan & Mercantile N.Z.Kiv’r Plate 3 1 G 3 3 0 13 G 0 0 13 0 Land Mort’ge 0 12 0 National Mrt’ge 0 10 3 0 10 6 — N.Z. Shipping Kaiapoi Wooll'n N.Z. Drug ... 4 0 0 4 6 0 2 12 0 19 6 0 l 0 0 2 lo 0 0 19 3