COMMERCIAL.

New Zealand Mail, Issue 1201, 8 March 1895, Page 8

COMMERCIAL.

Matthew Henrv reports of his Palmerston saleßoth sheep and cattle came forward in smaller numbers than usual. These, however, were quite equal to the demand, which was practically nil, the bulk of the entry leaving the yards unsold. Cattle— Yearlings, small, «£1 8s; weaners, 18s. Sheep —Two-tooth wethers, 6s ; fat ewes, 5s ; pigs, 6s 6d. Laery and Co. (Limited) report for tho past week as follows Wheat—Without ab teration. A few transactions have taken place in prime milling samples at prices about on a par with those last reported. We quote—Prime milling (old seasson’s), 2s 6d ; medium to good, 2s 4d to 2s 5d ; new season’s prime, nominally, 2s 3d to _2s 4d f.o.b. Southern ports; whole fowl Wheat,’ *2s 7d to 2s Bd, ex stores, Wellington; ,v 'Oats —Considerable quantities are coming forward from the South, but meantime the market is without change. We quote— Prime short oats, Is 8d to Is 9d ; stout foed,ls 7d to Is 7|d ; Danish, Is 6d to Is 7d ; duns, Is lOd. Barley—Business at present is restricted owing to the extreme rates by holders. We anticipate a on the prices at present quoted. malting, 4s; medium to good, 3s - 6d to' 3s 9d. Maize —In fair demand at from 2s 6d to 2s 7d.~-Pollard—Stocks light and holders are firm in their quotations. Current value 77s 6d per ton Chaff —Prime bright samples meet with fair sale at unaltered rates. We quote—Prime bright heavy new season’s, 57s 6d to 62s 6d ; medium to good, 47s 6d to 55s per ton. , ■ Townsend and Paul report of their weekly horse sale: —The attendance at the yards was fair, and bidding was brighter than it has been for the past two or three Satur- • days.. We had a very good entry of all descriptions of horses, except heavy draughts. We have had several enquiries lately for heavy draughts, and any good sorts of the latter description coming forward would meet with a ready sale. We have advice of a mob of about 40 horses of all descriptions coming forward for next Saturday’s sale, particulars of which will be duly advertised. A fbw heavy draughts sold from «£22 to .£27 10s ; • medium, .£ls to'<£2o ; a chestnut mare, JE9; a bay filly, <£l3 5s ; decent harness horses, .£8 to .£l2 ; aged and used-up crocks, at J£2 10s to J 3.

A. G. Taine and Co. report of their Saturday’s horse sale : —We had a good entry of all sorts—draughts from Canterbury and light horses from Taranaki, and the ..attendance was large, with a fair number of buyers.'. The draughts from the South were fewer than expected, owing to a better market being found for some of them there, and the balance were not sent forward in time for shipment. Those that came were a prime lot, and a credit to their breeder. We sold draught gelding, .£27; mare, .£24 ; and gelding, .£23 10s ; light draught, aged, .£l4. Of the light horses from Taranaki we only ’gold two, the balance being held over owing to their being foot-sore, and not quite in sale con-, dition. We have a private offer for the lot, and if not sold they will be submitted again next Saturday. We sold light harness horses, broken and unbroken, at .£8 to =£l2; hacks and aged horses from .£5 to .£8 ; nice carriage phaeton, <£29; double buggy, .£lB ; dog-cart, .£2B ; and privately, a good draught gelding, at ,£lB 10s. Laery and Co. report of their opening horse sale at the Nag’s Head yards on Saturday as follows : —Our entries comprised an exceptionally good lot of medium and light draughts from the Wairarapa district, a few light harness and saddle horses, and the raoehorse Pirie. There was a fair attendance of buyers, and although competition was not so 1 keeD as we could have wished, we succeeded in securing owners’ limits for the bulk of the entries. For a very nice upstanding light draught four-year-old gelding we realised. .£l7 10s ; medium draught five-year-old mare, .£l6 ; others, <£ll 15s to <£l4 ; good 'hacks, .£9 10s to <£l3. The racehorse Pirie was passed at a nominal bid of 20 guineas, and is now open for sale privately. Edwards and Mcßeath report that there is no alteration since last report. The market is still quiet.

London, March 1. The Bank of England returns published today show the total reserve in notes and bullion to be .£34,392,000, the proportion of reserve to liabilities being 68‘66. Consols, 104 J. Three months’ bills are discounted at 1£ per cent. Market active. New South Wales 4 per cent, inscribed stock, 110; 3J do, 103|. Victorian 4 per cents., 104 ; 3£ do, 98 J. South Australian 4 per cents., 108; 3£ do, 102|. Queensland 4 per cents., 107; do, 100. Tasmanian 3| per cents., 100. Western Australian 4 percents., 112. New Zealand 4 per cents., 109; 3| do, 101£.

New Zealand long-berried wheat, ex warehouse, 25s 9d, firmer ; South Australian do, 26s 6d, firmer; Victorian do, nominally, 275. New Zealand mutton—First quality, 3|d; second quality, 2£d. Lamb—Average quality, 4£d ; finest quality, 6£d. The frozen meat market is very depressed. Hemp is unchanged, the market being flat and the demand small. The cheese market is overstocked. Australian butter, choicest quality, isquoted at from 94s to 96s per cwt. Sugar —Best German beet 9s, market quiet ; Java, 11s. No. 1 best Scotch pig iron, f.o.b. in Clyde, 41s 3d, firm. Bradford tops are firm, and show an upward tendency. London, March 4. Mr Geritzson, produce expert, referring to the recent shipment of Victorian cheese, declares that if sent slightly ripe, cheese from that colony will seriously compete with Canadian cheddar. THE WOOL MARKET. London, February 28. Many wool ships are overdue,. having fallen in with contrary winds. The short arrivals for the coming series of sales will probably cause a strong demand from all centres for merino sorts, which are expected to advance sto 7£ per cent., but crossbreds are not likely to improve. London, March 4. The net stock of wool on hand amounts to 230,000 bales, with moderate arrivals. A rise of a farthing to a halfpenny is expected, especially in merinos. At the wool sales at Dunedin last week there was spirited competition and higher prices. WELLINGTON MARKETS. Messrs Lae by. & Co. report current whole sale values as under Farm and Dairy Produce.

£ s. D. £ s. D. Milk, quart 0 0 3 to 0 0 4 Butter, fresh farm, lb 0 0 7 Butter, separator ... 0 0 9 Salt butter 0 0 7 Cheese ... 0 0 4i to 0 0 Loaf "... ... 0 0 5* Egg?, dozen (fresh) ... 0 0 0 to 0 0 10 Bacon, lb ... 0 0 6£ Ham, lb _ ... ... 0 0 7 Fowls, pair ... 0 2 9 Ducks, pair ... 0 2 9 Geese, pair • 0 4 6 Turkeys, pair... 0 7 0 Hay and Corn Market. £ s. D. £ s. D. Maize 0 2 8 Oats, feed 0 1 9 Wheat, milling ... 0 2 9 * Fowl Wheat ... ... 0 2 8 Rye Corn ... ... 0 2 9 Seed Barley 0 4 0 Carrots... 1 10 0 Hay, ton 3 10 0 to 4 0 0 Oaten, ton 3 10 0 Straw j ton 2 10 6 Chaff, oaten sheaf ... 3 10 0 Wheat, straw. 2 5 0 to 2 10 0 Onions, 0 4 0 to 4 10 0 Potatoes (new) 2 10 0 Fi/Otjr Market. £ s. D. £ s. D. Stone flour 7 0 0 Rpller flour ... 7 10 0 Pollard 3 15 0 Oatmeal 8 10 0 Bran 2 10 0 to 2 15 0 - Seeds. £ s. D. £ 8. lu Ryegrass, Farmers’ 0 2 9 to 0 3 3 Ryegrass, Machine dressed ... .1. 0 4 0 to 0 4 6 Cocksfoot,lb ... 0 ■ 0 4 to 0 0 54 Wt. Clover, lb 0 0 10 Red Clover, lb 0 0 9 Alsyke, lb ... 0 0 9 Cow Grass, lb... ... 0 0 9 Timothy, lb ... > ... 0 0 4 Linseed, per cwt 13 10 0