Commercial.

New Zealand Mail, Issue 1056, 26 May 1892, Page 28

Commercial.

STOCK SALES DURING 1892. Stevens and Gorton’s Sales. PALMERSTON NORTH. Thursdays.—Juna 2, July 7, August 4, September 1, October 6, November 3, December 1. BULLS. Tuesdays.—June 7, July 12, August 9, September 13, October 11, November 8, December 6, . HUNTERVII.LE. Thursdays.—June 9, September 22. awahurt. Tuesdays.—June 14, July 19, August 16, September 20, October IS, November 15, December 13. MARTON. Tuesdays.—Mav 31, June 28, July 26, August 23, September 27, October 25, November 22. FEILDING. Wednesdays.—June 23, July 28, August 25, September 29, October 27, November 24, December 20. SANSON. Tuesdays. —July 8, October 2S. The Woodville and Foxton Stock Sales will be held whenever sufficient inducement offers. Freeman R. Jackson and Co.’s Sales. WANGANUI. Wednesdays. —May 29, July 13 and 27, August 10 and 24, September 7 and 21, October 5 and 19, November 2, 16, and 30, December 21 and 28. JOHNSON VILLE. Every Wednesday throughout the year. waverley. Mondays.—June 6 and 20, July 4 and 18, August 1, 15 and 29, September 12 and 26, October 10 and 24, November 7 and 21, December 5 and 19. FEILDING. Thursdays.—June 9, July 14, August 11, September 8, October 13, November 10, December 8. PALMERSTON NORTH. Thursdays.—June 16, July 24, August 18, September 15, October 29, November 17, December 15. LIVE STOCK MARKETS. WANGANUI. Freeman R. Jackson and Co. report :—We liad a fair mußter of stock at Wanganui last week, and prices were firm at ruling rates. At Wanganui to day (Wednesday May 18) our yards were quite full. Cattle were well competed for, but sheep dragged somewhat, especially ill conditioned lambs ; we turned out a number of these unsold. Other classes oE sheep sold at late prices. Pigs were in good supply and of the best qualify, realising almost last sale’s quotations. We quote : Cattle. —At Waverley—Three-year bullocks, £3 6s; forward bullocks, £4l 12s; cows, £3 3s fid to £4 os ; weaners, 34s fid ; yearlings, £2 4a 6d. At Wanganui—Fat cows, £4 4s to £4 16s; forward bullocks, £4 2s Gd ; steer>, 13 2s 61; heifers, £2 12s 6d ; cows, £3s 11s ; weaners, 31s to 355; 18 month cattle, £2 7s ; milch cows, £3 10s to £7 17s Cd. Sheep.—At Waverley—Wethers, 10a fid to 13s 3d ; ewes, 9s 3d to 10s 4d ; old ewes, 5s 9d lo 6s fid; lambs, 8s 3d to 9s 6d ; inferior, ss. At Wanganui—Fat Wethers, 13s fid to 15s ; store wethers, 10s fid to 12s 6d ; Jambs, 7s fid to 9s Id; inferior, 3s 9d to 4s 9d ; ewes, 8s 3d to 12s lid. Pigs.—Baconers, 27s to 51s; large porkers, 24s to 26s ; others, 14s to 15s ; small pigs, up to ss. Poultry.—Turkeys, 7s and 11s; fowls, to 3s ; ducks, 2s 6d to 3s Gd the couple. AWAHURI. Messrs Stevens and Gorton report on May 18:—Tory large entries of sheep came forward at our sale at Awuhuri yesterday, and

a few pens of cattle were yarded. The bidding for the sheep was very dull, and nearly everything was passed in, but a lew lines were quitted after the sale. Our Cattle.— Fair cattle, £4 12s fid; fat cows Is -2 Ayear steers, £3 18s; 18-month steers, £2 6s ; 18 month heifers, £2 ss; milkers, £3 17s 6J to £5. Sheep —Fat wethers, 143 2d ; ewes, various prices from 8s Gd to 10s 6J ; lambs, various prices from 6s to 9s. PALMERSTON KOEin. Messrs Freeman R. Jackson and Co.’s Palmerston stock report : We have to report a similar state of things with regard to the sheep market as at our last sale hero, viz., the d» faculty of in silting stiles in old and indiaerent sorts ; so again a large quantity of this class went out unsold. Cattle came forward in moderate numbers, the greater portion being disposed of. Milch cows, which were a useful lot, were rather easier; a fair number, however, changed hands’at auction and privately. Light fat heifers, £4 10s ; 18 month steers, £2 17s : yearlings, £2; weaners, mixed, 80s to 365; 2-yoar*old steers, £3 6s; steers, £3 10s ; springing heifers, £3 4s ; milch cows, coming to profit, £1 10s to £ 7• Sheep.—Store wethers, 10s 6a to 11s lOd ; owes, 7s; shorn lambs, 6s 9d ; those in wool, 7s Gd. lIAWBRA AND MANAIA. The Egmont Farmers’ Union report '• — On Friday tbe 13th inst. we held our stock sale at Manaia, postponed from Wednesday the 11th inst. on account of the Egmont Race Meeting. There was a very largo entry of both cattle and sheep, about 750 head of the former and 800 of the latter coming forward for sale; the cattle especially were worthy of note, being a superior lot. The attendance, though moderate at the commencement, gradually increased as the Bale went on, so that in the end we had a very large muster. Bidding was spirited for most lines of cattle particularly fat heifers, and sheep also met a ready sale, 60 that at the close of the_ day most lines of tbe stock had changed bands at the following prices :—Fat and forward bullocks, £4 15s lo £o 10s ; 2 to 2f,*year steers, £4 5s 6d to £4 7s; fat cows and heifers, £3 18s to £5 10s; springers and milkers, £4 to £5 5s ; empty heifers, £3 6s to £3 16s ; 18-month to 2-year heifers, £2 17s fid to £3 ; weaners, £i 15s. Sheep—Wethers, fat, 12s fid to 13s 9d; ewes, mixed ages, 7s 4d. . . We held our fortnightly stock sale in the Glover road yards, Uawora, on Wednesday, 18th inst. Although we had about 400 head of cattle, and nearly 1000 sheep entered for sale, what actually came forward were somewhat short of this number. The attendance was fail', and bidding all round was well maintained, so that most lines were sold at the hammer or immediately after the 6ale. We quote : Fat bullocks, £6 4s ; to 3-year steers, £4 9s to £4 12s 6d ; 18-month to 2-year aleerg, £3 to £3 lfis ; weaners, £1 17a ; fat cows and heifers, £3 14s to £4 12s 6d ; cows in calf, £3 11s to £4 12s fid. Sheep.— 2 tooth wethers, 11s 4d. JOHNSON VILLE. Messrs Freeman R. Jackson and Co.’s Johnsonville stock report Fat cattle, in fewer numbers, were prime throughout, and made 17s the 1601 b. Sheep, in short supply, generally lacked quality ; light to medium wethers, 13s 8d to 14s 9J ; fat ewes, 13s Bd. No pigs to hand. FROZEN MEAT REPORT. (PEE SAN FRANCISCO MAIL.) London, April 16. Messrs Nelson Bros. (Limited), report as follows :—There has scarcely been any change in the state of tho meat trade since our last report ; one feature perhaps deserving of notice has been the large quantity of American dressed beef placed on the market, and the heavy arrivals of live cattle at Birkenhead. \y g are sorry to have to report that fresh outbreaks of foot and mouth disease have occurred in the provinces. The latest development is of a bad character, being amongst a flock of sheep, several of which have died owing to the virulence of the disease. New Zealand Mutton.—The low prices accepted for American beef has had an influence on frozen mutton, and this, coupled with increased supplies has caused a fall of Id to 2d per etono. German sheep are plentiful and are reported to have realised unremunerative prices. New Zealand Lamb.—The supply of lamb has been more than sufficient for tbe trade, so early in tho season, but after Easter the demand may be expected to increase. Tele graphic advice from New Zealand reports the quantity available for shipment this season to be one third less than last year. Australian Mutton has been in good demand, and prices are steady at 2s 7d to 2s Bd. We have to report the arrival of the first consignment from the Australian Chilling and Freezing Company, whoso works are situated at Aberdeen, Now South Wales. Frozen Beef.—American beef has been selling at very low prices, fores being as low as Is fid to Is Bd, and hinds 2s 6d to 2s lOd; there ha 3 therefore been but little business doing in frozen beef, and prices are only nominal. As, however, expected arrivals are reported to be light, holders are firm. The manager of the Central Markets Cold Air Stores (Limited), Smilhfield, London, reports "There is now sufficient meat here for the requirements of the trade, and prices are not so firm as they were a fortnight ago. More arrivals have taken place, including the Otarama and Ruapehu from New Zealand, and Fort Douglas from Australia. (The Ruapehu mentioned in my last report should have been Rimutaka.) The present quotations are : Mutton.—New Zealand, beet Canterbury, 3s ; New Zealand, good grades, 2s 9d to 2s lid; Sydney and Queensland sheep, 2s 7d to 2s Bd. Lamb.—New Zealand, best, 3s lOd to 4s. Beef, New Zealand, hind quarters, prime, 3s ; New Zealand, fore quarters, prime, 2s 6d to 2s 8d; Queensland, hinds, none j Queenslands, fores, none.

NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY’S LONDON REPO IT. (PER SAN FRANCISCO MAIL.) London, April 16. NEW ZEALAND lIEMP. Stocks of New Zealand in first hands are now on a very much reduced scale, and holders have been indisposed to effect sales ot the low prices ruling. Tho result is that during the past four weeks only 805 bales have been offered at auctions, of which 350 bales were sold at and after the sales. For the quantity sold prices paid exhibit a decline, as compared with our last quotations of from 15s to 20s per ton. The supply of Manila continues very heavy, and the market has in consequence been depressed Quotations for fair current near at hand are now £26 lOs per ton c.i.f. Sisal has also suffered a decline of 10s per ton, the sDOt price being now £22 10s per ton ex quay Liverpool. We quote :

SHEEP SKINS. The offerings at the auctions of 21tli and 25th ult. consisted of 2250 bales Australasian which met a very animated demand, and weie practically all sold under the hammer. In the absence of South American skins good competition of buyers on French account was enlisted with the result that extreme pi ices were paid for certain lots. It is, however, generally believed that the demand from this quarter will fail as soon as foouth Ameiicug exporters recommence shipping. As pompared with preceding sales' rates there is no quotable change except in the case of short and shorn skins, which are generally about :}d per lb dearer. Merino three quarter and full woolled— New Zealand, sfd per lb ; Australian, to 6d ; merino half-woolled —Now Zealand, 4J to s|d ; Australian, 4d to 5d ; three-quarter woolled and shorn —New Zealand, 3£d to 4-ad ; Australian, to woolled, medium and fine quality—New Zealand, 6Jd to 7id ; Australian, 6d to Ggd ; fullwoolled coarse —New Zealand, s§d to Australian s|d to Gd ; quarter-woolled and shorn—New Zealand, 3£-d to4|d ; Australian, 3|d to 4.^d. BUTXEIt. During the past month further large consignments of Australasian have been received which have been absorbed on arrival at gradually receding prices. There has, as usual at this season of the year, been a heavy drop in all descriptions, and the market closes weak. We auote :

Amencau .. .. • • » " Importations from Australasia during the four weeks ended 9fch inst. aggregated 19,/78 packages. CHEESE. Since our last issue, shipments have been received from New Zealand in increased quantities. The market has become quiet and prices of all sorts have materially receded. Yie quote : Finest American and . Canadian, New.. .. 43) to 57s per cwt New Zealand .. •• 42s ~ 543 „ Importations from New Zealand during the four weeks ended 9th inst. aggregated 5,654 packages. TALLOW. Since our las: issue four public sales have been held, the quantity of Australasian offered thereat aggregating 3200 casks, of which 1580 casks found buyers under the hammer. There have been no consignments of the best brands of Now Zealand mutton on offer, and the demand for fine Australian mutton has been weak, prices showing a decline of from 3d to 6d per cwt for the four weeks. The best brands of beef of good body have, been much in request, and for this diseription prices have advanced from 3d to 6d per cwt. Sales of fine edible beef have been effected at 26s 6d per cwt. The medium and lowergrades of all sorts have throughout been slow of sale, present quotations exhibiting a decline of from 3d to 9d per cwt as compared with those ruling at the date of our last circular. Shipments from Australia during March are estimated at 3300 tons, and from New Zealand at 1008 ton 3.

The New Zealand Loan and Mercantile Agency Company, Limbed, report on the produce markets for the week ending Wednesday, ISfch May, as follows : Wool—As is usual at this season of. the year, the only business passing locally is in odd lots of stragglers wool, &c.,. which are disposed of to the trade without difficulty at full rates. Some 8000 bales wool (part of which is Australian) are to be offered at the Antwerp sales, which were advised to openSyesterday, and taking into consideration the closing rates of last London series , were firm, it _ may bo fairly expected that prices will be maintained. ■Sheepskins —The demand for these, especially heavy green crossbreds, continues very keen, and prices received, for all parcels brought forward were exceedingly satisfactory. We quote green crossbreds, 3s lOd to 43 Sdg; dry skins, 4d to 5d per lb. , Tallow and Fat— All country lots of good quality meet with a steady demand, and vve cleared our usual weekly consignments to the local boilers at the following rates : Inferior to good, 16s to 19s ; rough fat, 12s to los per cwt. There is no alteration in the London market to report. Hides—No alteration in prices to report. Oats—Are moving off freely at Is 9d to Is lid, according to quality. Large shipments are being made to London from Southern g QVts, and Ps gr? reported firm.

Wheat —A fair business has transpired n good whole fowl wheat at 2s 8d t.o 3s. Hemp —This market is quite lifeless, and it is simply impossible to e|fecb sales unless manufacturers are prepared to. accept terribly low rate 3. Fortunately very little is coming to hand, and owners are storing pending an improvement in values. Advices received fr-un London and America report weak markets there with very little changing hands. Frozen Meat— Our London office cable that the beef market is dull, fore-quarters are worth 3;fd per lb. Lamb market weaker, and pi ices have declined Jd per lb. Other quotations unchanged. GRAIN REPORTS. The Corn Exchange report, per F. Denham, secretary, for week ending 21st May, 1202, as follows : Wheat. —The various prices by cable during the week—namely, Saturday, 38s ; Monday, 35s 6d ; Tuesday, 37s 9d ; —makes it something of a puzzle to slate what the English price really is. In the local market the demand has been of the dullest description, though we think late cliartors at a freight three-half pence per bushel lower will keep our market steady at late rates. Barley.—A steady enquiry for outside. We learn that a cargo to Victoria from Cali* fornia has disappointed the importers in quality, anl our best must fetch a- good price. Oats.—A demaud for bright milling, others not asked for.

Potatoes will scarcely pay for digging. The prices below are those paid to farmers’ f.o.b , packages extra : Wheat. —Prime Tuscan, 3s 7d ; Pearl, 3s 6d ; Hunter’s, 3s 5d ; chick wheat, good, 3s ; inferior, 2s fid to 2s 9d. Oats.—Bright milling, Is 8d; feed sorts, Is 4d to Is 5Jd. Barley.— Malting, 4s; feed, 2s to 2s 3d. Ryegrass. —Machine dressed, 3s 3d ; farmers, 2s 9d to 3s. Cocksfoot.—Prime, 3fd ; discoloured, 2Jd to 2fd. Beans, 3s to 3s 3d. Peas, 2s lid to 3s 2d. Potatoes, 17s 6d, immediate delivery; July and August, £l. Butter. —Factory, lOd ; farmers’, 8d to 9J. Cheise, 3d to 3Jd per lb. WELLINGTON MARKETS. Messr. Laery & Co. report current wholesale values as under : Flour M aeket.

PRODUCE MARKET. Messrs Laery and Co. report for the past week as follows : —Grain —Wheat : The market continues to Tick animation, although values have undergone no quotable change. Prime milling is worth 3s lid to 4s Id ; medium to good, 3s fid to 3s 9d ; fowl feed, 2s 9d to 3s 3d. Oats —The market shows a tendency to harden, and prices for best descriptions are a shade higher. We quote bright stout feed, ls lOd; ordinary, Is 8d to Is 9d. Bailey—ln anticip.ition of supplies proving short ot requirements, a considerable amount of speculation is taking place in this cereal, and really prime malting lines are now very difficult to obtain. We have placed several moderate sized parcels at our quotations. Best malting, 3s li d to 3s IUR medium to good, 3s 5d to 3s 9d; feed, 2s 6d. Potatoes —Market weak, with a tendency to lower values. We quote prime Derwents, 38s to 40s. Chaff—ln short supply. Oaten sheaf, 62s Gd to 65s ; oaten straw, 455. Grass Seed —Rye grass —Nothing doing. Cur quotations are nominal. Farmers' lots, 23 9d to 3s ; machine dressed, 3s 6d to 43. Cocksfoot— Bright clean samples are enquired for, and several fair sized lines have found buyers during the P l ®*- week at 3d per lb. Flour-Market dull. Several holders have recently shown a disposition to cut prices, and values during the past fortnight may be considered to have receded 7s 6d to 10s per ton; stone, LlO 10s; roller, LU to Lll 10s. Cnions—Without alterations, 50s to 60s, Dairy Produce—Butter—Market hardening. Really good lines suitable for shipping are difficult to secure, and we find it impossible to execute orders now in hand. Prime dairy, 9d ; separa or, lOd to lid. Cheese—Factory, 4£d ; good dairy made, 4d. Eggs—Good demand ; fresh, Is 8d; limed, Is 3il. Hams and bacon—A fair busioess_ is being done at 6JJ to Bd. Poultry No improvement ; turkeys, fis ; geese, 5s 6u ; ducks, 3s; fowls, 2s 6d per pair. Fruit—During the week the Ovalau arrived with large consignments of bananas and other Island fruits. The shipment of bananas proved very much in excess of requirements, and. the prices realised were exceptionally low, viz.. Is to 3s 6d, according to size of bunches ; pineapples, 15s to 20s per case ; peanuts, If d per lb; Island oranges, fis 6d ; Sydney, 5s to 6s fid; lemons. 10s ; pears are enquired for, and for best dessert up to 15s per case is obtainable ; cooking pears are worth 7s fid to 8s ; apples are in fair demand ; we quote best cooking up to 03 6d, and dessert up to 6s 6d other sorts, 3s to 43. Flax —Market quiet; good f.a.q., Ll 5; fine, U 5 I<?3 Ef? 5201

Superior soft, bright hemp . £24 Os to £24 10s per ton Good medium, well , 23 103 ,, dressed . 22 10s ,, Fair to medium . 2L 0 .3 ,. t 22 03 ,, Do slightly strawy.. . 20 03 , , 20 103 i • Common- coarse and strawy Hackled Tow Tow .. . 13 0s . . 38 0s ,, 0 0s ,, , 19 , 20 , 0 < 8 0s ,, 10s „

Prime Danish .. 100s to 112s'per cwt ,, Normandy .. .. 90s , 1103 ,, „ Friesland .. 90s , 9Ss ,, Brittany .. 8Ss , l r 03 ,, ,, Australian .. .. Sis , 1003 „ „ New Zealand .. 803, 90s ,, American • ..

We quote : — per cwt. Austrilasiau J fgood to flnp,nom. fair to good 2Gs 3d to 27s cd 2G3 „ 2Gs 6d Mutton, j [common .. 23s 6d „ 253 { [edible fine.. — 203 oa Do Beef, -j fair to good [common .. 25s 3d 233 „ 2GS „ 24s 9d

£ 8. d. £ R. d Stone flour - . 10 10 0 to 10 15 0 Roller do - - 31 5 0 to 11 15 0 Pollard - 3 15 Sharps, per ton - - 4 10 0 Oatmeal - 9 5 0 Farm and Dam's Produce. £ s. d. & s. d Milk, quart - 0 0 3 to 0 0 4 Butter, fresh farm lb 0 0 11 Butter, factory made 0 1 0 Salt butter - • 0 0 84 to 0 0 9 Cheese new - 0 0 44 Eggs, dozen (fresh) • 0 l 7 to 0 1 9 Limed Eggs - 0 i 3 Lard, lb. - 0 0 8 h Bacon, lb. - • 0 0 6 Ham, lb. - 0 0 S to 0 0 8% Fowls, pair - 0 2 0 Ducks, pair • 0 3 0 Geese, pair - 0 5 0 Turkeys, pair * 0 6 0 Hay and Corn Market. £ s. d. £ s Maize. Poverty Bay • 0 2 3 to 0 2 6 Oats, feed - • 0 1 9 to 0 2 0 Wheat, milling - - 0 3 11 to 0 4 1 Fowl Wheat • 0 2 9, to 0 3 2 Carrots - 1 15 6 to 2 0 0 Hay, ton - - 3 10 0 Oaten, ton • • 3 0 0 to 3 10 0 Straw, ton - • 2 5 0 to 2 10 0 ■Jhaff, Oaten Sh?af - 3 0 0 to 3 5 0 Wheat straw - 2 15 0 Onions (N.Z,) • 2 10 0 to 3 0 0 Potatoes - 1 18 0 to 2 0 0 Seeds. tt/egrass, Farmers’ lots 0 2 6 to 0 3 0 .. Machine dressed 0 3 9 to 0 4 3 Cocksfoot, lb. . 0 0 2\ to 0 0 34 Wt. Clover, lb. * - 0 0 8 to 0 0 10 Red, do . 0 0 6 to 0 0 9 Alsyke, lb. - - 0 0 10 Cow Grass, lb. - • 0 0 7 to 0 0 9